TRY Long Term Debt vs Net Tangible Assets 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 Long Term Debt and its Net Tangible Assets 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TR Property Investment Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TR Property's Long Term Debt and Net Tangible Assets is 0.42. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of TR Property Investment are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., TR Property's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that TR Property Investment has held for over one year. Long-term debt appears on TR Property Investment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on TR Property Investment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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.