TRY Cash vs Net Receivables Analysis
TRY Stock | 315.50 1.50 0.47% |
TR Property financial indicator trend analysis is much more than just breaking down TR Property Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TR Property Investment is a good investment. Please check the relationship between TR Property Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TR Property Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TR Property Investment Cash account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between TR Property's Cash and Net Receivables is 0.71. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of TR Property Investment, assuming nothing else is changed. The correlation between historical values of TR Property's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of TR Property Investment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., TR Property's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of TR Property Investment, which is listed under current asset account on TR Property Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TR Property customers. The amounts must be unrestricted with restricted cash listed in a different TR Property account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Receivables
Most indicators from TR Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TR Property Investment 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 TR Property Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 2.8 M, whereas Tax Provision is forecasted to decline to about 1.9 M.
TR Property fundamental ratios Correlations
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TR Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TR Property fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.5B | 1.7B | 1.1B | 1.2B | 957.3M | |
Total Stockholder Equity | 1.1B | 1.3B | 1.6B | 968.3M | 1.1B | 864.7M | |
Retained Earnings | 970.0M | 1.2B | 1.4B | 801.9M | 61.8M | 58.7M | |
Cash | 40.1M | 29.1M | 32.1M | 36.1M | 19.1M | 18.8M | |
Other Assets | 60.1M | 61.7M | 98.6M | 66.2M | (1.1B) | (1.1B) | |
Long Term Debt | 58.9M | 58.1M | 59.2M | 57.6M | 66.2M | 41.6M | |
Total Liab | 119.1M | 164.9M | 123.4M | 82.6M | 74.9M | 92.6M | |
Accounts Payable | 6.0M | 194K | 5.4M | 8.5M | 5.6M | 5.3M | |
Short Long Term Debt Total | 99.2M | 152.6M | 92.3M | 68.9M | 57.7M | 80.1M | |
Other Current Liab | 33.8M | 94.8M | 29.6M | 762K | (6.0M) | (6.3M) | |
Total Current Liabilities | 6.0M | 194K | 5.4M | 8.5M | 6.0M | 5.7M | |
Net Debt | 59.1M | 123.5M | 60.1M | 32.9M | 38.6M | 27.5M | |
Non Current Assets Total | 1.2B | 1.4B | 1.6B | 948.7M | 2.3B | 2.4B | |
Cash And Short Term Investments | 40.1M | 29.1M | 32.1M | 36.1M | 19.1M | 22.1M | |
Net Receivables | 60.1M | 61.0M | 97.7M | 65.3M | 4.1M | 3.9M | |
Liabilities And Stockholders Equity | 1.3B | 1.5B | 1.7B | 1.1B | 1.2B | 1.1B | |
Non Current Liabilities Total | 59.2M | 57.6M | 57.3M | 58.9M | 57.7M | 51.5M | |
Total Current Assets | 40.1M | 29.1M | 32.1M | 36.1M | 23.3M | 31.9M | |
Other Current Assets | (95.1M) | (84.9M) | (121.9M) | (95.2M) | (72.1M) | (68.5M) | |
Net Tangible Assets | 1.1B | 1.3B | 1.6B | 968.3M | 1.1B | 1.3B | |
Long Term Investments | 1.2B | 1.4B | 1.6B | 948.7M | 1.1B | 1.3B | |
Inventory | 35.0M | 23.9M | 24.2M | 29.9M | 72.1M | 43.4M | |
Net Invested Capital | 1.2B | 1.5B | 1.7B | 1.0B | 1.2B | 1.1B |
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Balance Sheet is a snapshot of the financial position of TR Property Investment at a specified time, usually calculated after every quarter, six months, or one year. TR Property Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TR Property and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TRY currently owns. An asset can also be divided into two categories, current and non-current.