TRY Total Current Liabilities vs Non Current Assets Total Analysis

TRY Stock   317.00  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 Total Current Liabilities and its Non Current Assets Total 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TR Property Investment Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TR Property's Total Current Liabilities and Non Current Assets Total is -0.44. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of TR Property Investment are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., TR Property's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on TR Property balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TR Property Investment 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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

1.0-0.390.790.690.050.70.65-0.30.06-0.22-0.150.490.41-0.560.370.520.330.680.670.070.32-0.130.69-0.60.73
1.0-0.390.790.690.040.710.6-0.310.06-0.21-0.160.440.37-0.550.330.520.340.680.660.070.32-0.140.71-0.590.72
-0.39-0.39-0.1-0.490.27-0.56-0.20.240.310.230.09-0.41-0.460.09-0.03-0.48-0.2-0.5-0.59-0.070.43-0.05-0.130.77-0.47
0.790.79-0.10.590.640.420.55-0.060.58-0.20.070.40.38-0.330.34-0.090.550.570.72-0.330.39-0.580.67-0.320.49
0.690.69-0.490.590.130.570.38-0.150.07-0.05-0.050.370.37-0.480.060.290.191.00.710.05-0.04-0.360.59-0.790.47
0.050.040.270.640.13-0.140.150.360.93-0.060.40.10.190.130.16-0.810.510.090.4-0.570.19-0.770.150.17-0.1
0.70.71-0.560.420.57-0.140.370.06-0.05-0.020.230.210.21-0.50.190.50.220.570.50.420.120.110.66-0.520.42
0.650.6-0.20.550.380.150.37-0.020.07-0.330.060.830.74-0.480.770.280.20.380.510.070.20.10.21-0.450.57
-0.3-0.310.24-0.06-0.150.360.06-0.020.40.130.96-0.18-0.04-0.260.2-0.460.19-0.170.030.44-0.17-0.05-0.180.19-0.18
0.060.060.310.580.070.93-0.050.070.4-0.040.45-0.010.140.120.17-0.80.460.020.32-0.440.23-0.720.10.22-0.22
-0.22-0.210.23-0.2-0.05-0.06-0.02-0.330.13-0.040.01-0.2-0.21-0.1-0.02-0.1-0.45-0.05-0.020.24-0.330.310.030.13-0.44
-0.15-0.160.090.07-0.050.40.230.060.960.450.01-0.110.03-0.30.23-0.410.25-0.070.150.4-0.08-0.11-0.040.11-0.11
0.490.44-0.410.40.370.10.210.83-0.18-0.01-0.2-0.110.95-0.370.810.240.070.370.57-0.07-0.230.050.03-0.520.42
0.410.37-0.460.380.370.190.210.74-0.040.14-0.210.030.95-0.290.770.10.150.360.63-0.09-0.38-0.08-0.08-0.540.37
-0.56-0.550.09-0.33-0.480.13-0.5-0.48-0.260.12-0.1-0.3-0.37-0.29-0.56-0.44-0.05-0.49-0.37-0.68-0.01-0.2-0.430.41-0.37
0.370.33-0.030.340.060.160.190.770.20.17-0.020.230.810.77-0.560.080.060.050.370.22-0.080.21-0.02-0.170.2
0.520.52-0.48-0.090.29-0.810.50.28-0.46-0.8-0.1-0.410.240.1-0.440.08-0.220.330.070.51-0.010.590.26-0.510.57
0.330.34-0.20.550.190.510.220.20.190.46-0.450.250.070.15-0.050.06-0.220.170.49-0.240.16-0.510.17-0.220.38
0.680.68-0.50.571.00.090.570.38-0.170.02-0.05-0.070.370.36-0.490.050.330.170.70.06-0.05-0.330.59-0.80.48
0.670.66-0.590.720.710.40.50.510.030.32-0.020.150.570.63-0.370.370.070.490.7-0.11-0.23-0.340.33-0.770.55
0.070.07-0.07-0.330.05-0.570.420.070.44-0.440.240.4-0.07-0.09-0.680.220.51-0.240.06-0.11-0.170.650.01-0.190.09
0.320.320.430.39-0.040.190.120.2-0.170.23-0.33-0.08-0.23-0.38-0.01-0.08-0.010.16-0.05-0.23-0.17-0.120.490.350.04
-0.13-0.14-0.05-0.58-0.36-0.770.110.1-0.05-0.720.31-0.110.05-0.08-0.20.210.59-0.51-0.33-0.340.65-0.12-0.260.0-0.04
0.690.71-0.130.670.590.150.660.21-0.180.10.03-0.040.03-0.08-0.43-0.020.260.170.590.330.010.49-0.26-0.170.31
-0.6-0.590.77-0.32-0.790.17-0.52-0.450.190.220.130.11-0.52-0.540.41-0.17-0.51-0.22-0.8-0.77-0.190.350.0-0.17-0.63
0.730.72-0.470.490.47-0.10.420.57-0.18-0.22-0.44-0.110.420.37-0.370.20.570.380.480.550.090.04-0.040.31-0.63
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TR Property Account Relationship Matchups

TR Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.7B1.1B1.2B957.3M
Total Stockholder Equity1.1B1.3B1.6B968.3M1.1B864.7M
Retained Earnings970.0M1.2B1.4B801.9M61.8M58.7M
Cash40.1M29.1M32.1M36.1M19.1M18.8M
Other Assets60.1M61.7M98.6M66.2M(1.1B)(1.1B)
Long Term Debt58.9M58.1M59.2M57.6M66.2M41.6M
Total Liab119.1M164.9M123.4M82.6M74.9M92.6M
Accounts Payable6.0M194K5.4M8.5M5.6M5.3M
Short Long Term Debt Total99.2M152.6M92.3M68.9M57.7M80.1M
Other Current Liab33.8M94.8M29.6M762K(6.0M)(6.3M)
Total Current Liabilities6.0M194K5.4M8.5M6.0M5.7M
Net Debt59.1M123.5M60.1M32.9M38.6M27.5M
Non Current Assets Total1.2B1.4B1.6B948.7M2.3B2.4B
Cash And Short Term Investments40.1M29.1M32.1M36.1M19.1M22.1M
Net Receivables60.1M61.0M97.7M65.3M4.1M3.9M
Liabilities And Stockholders Equity1.3B1.5B1.7B1.1B1.2B1.1B
Non Current Liabilities Total59.2M57.6M57.3M58.9M57.7M51.5M
Total Current Assets40.1M29.1M32.1M36.1M23.3M31.9M
Other Current Assets(95.1M)(84.9M)(121.9M)(95.2M)(72.1M)(68.5M)
Net Tangible Assets1.1B1.3B1.6B968.3M1.1B1.3B
Long Term Investments1.2B1.4B1.6B948.7M1.1B1.3B
Inventory35.0M23.9M24.2M29.9M72.1M43.4M
Net Invested Capital1.2B1.5B1.7B1.0B1.2B1.1B

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Other Information on Investing in TRY Stock

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.