TRU Stock | | | USD 100.42 3.42 3.53% |
TransUnion financial indicator trend analysis is much more than just breaking down TransUnion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransUnion is a good investment. Please check the relationship between TransUnion Inventory and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransUnion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Inventory vs Total Current Liabilities
Inventory vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TransUnion Inventory account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TransUnion's Inventory and Total Current Liabilities is -0.25. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of TransUnion, assuming nothing else is changed. The correlation between historical values of TransUnion's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of TransUnion are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., TransUnion's Inventory and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Total Current Liabilities
Total Current Liabilities is an item on TransUnion balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TransUnion are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from TransUnion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransUnion current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransUnion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas
Selling General Administrative is likely to drop slightly above 754.7
M in 2024.
TransUnion fundamental ratios Correlations
Click cells to compare fundamentals
TransUnion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TransUnion fundamental ratios Accounts
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Additional Tools for TransUnion Stock Analysis
When running TransUnion's price analysis, check to
measure TransUnion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransUnion is operating at the current time. Most of TransUnion's value examination focuses on studying past and present price action to
predict the probability of TransUnion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransUnion's price. Additionally, you may evaluate how the addition of TransUnion to your portfolios can decrease your overall portfolio volatility.