Sixth Accounts Payable vs Short Long Term Debt Total Analysis

TSLX Stock  USD 21.19  0.25  1.19%   
Sixth Street financial indicator trend analysis is much more than just breaking down Sixth Street Specialty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sixth Street Specialty is a good investment. Please check the relationship between Sixth Street Accounts Payable and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. 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.

Accounts Payable vs Short Long Term Debt Total

Accounts Payable vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sixth Street Specialty Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sixth Street's Accounts Payable and Short Long Term Debt Total is 0.1. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Sixth Street Specialty, assuming nothing else is changed. The correlation between historical values of Sixth Street's Accounts Payable and Short Long Term Debt 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 Accounts Payable of Sixth Street Specialty are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Sixth Street's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Sixth Street obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sixth Street Specialty are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt Total

Most indicators from Sixth Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sixth Street Specialty 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 Sixth Street Specialty. 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.
At this time, Sixth Street's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 3.8 B in 2024, whereas Tax Provision is likely to drop slightly above 3.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit224.0M72.5M438.1M460.0M
Total Revenue224.0M136.5M438.1M460.0M

Sixth Street fundamental ratios Correlations

0.92-0.620.690.980.530.650.36-0.710.7-0.860.650.30.770.97-0.650.980.970.99-0.650.930.920.9-0.80.970.92
0.92-0.750.530.860.550.470.1-0.530.37-0.970.470.640.730.87-0.480.960.850.94-0.470.80.850.84-0.810.890.9
-0.62-0.75-0.7-0.540.07-0.220.090.28-0.150.79-0.22-0.53-0.89-0.580.23-0.63-0.56-0.660.22-0.48-0.54-0.710.67-0.64-0.73
0.690.53-0.70.71-0.050.590.57-0.650.61-0.590.59-0.010.870.66-0.590.580.730.64-0.590.70.610.73-0.560.680.62
0.980.86-0.540.710.560.740.5-0.790.72-0.830.740.250.730.96-0.740.930.990.93-0.740.970.890.86-0.730.940.85
0.530.550.07-0.050.560.470.36-0.510.17-0.550.470.460.010.52-0.470.60.520.48-0.470.580.520.39-0.390.450.33
0.650.47-0.220.590.740.470.69-0.740.56-0.521.00.040.460.55-1.00.560.750.55-1.00.710.490.49-0.320.50.37
0.360.10.090.570.50.360.69-0.690.5-0.190.69-0.230.180.37-0.690.230.50.23-0.690.560.340.27-0.120.30.08
-0.71-0.530.28-0.65-0.79-0.51-0.74-0.69-0.630.58-0.74-0.03-0.52-0.70.74-0.63-0.79-0.620.74-0.9-0.61-0.630.42-0.64-0.46
0.70.37-0.150.610.720.170.560.5-0.63-0.270.56-0.470.510.68-0.560.590.710.66-0.560.70.640.63-0.440.670.59
-0.86-0.970.79-0.59-0.83-0.55-0.52-0.190.58-0.27-0.52-0.69-0.77-0.840.52-0.91-0.83-0.860.52-0.79-0.79-0.840.8-0.84-0.83
0.650.47-0.220.590.740.471.00.69-0.740.56-0.520.040.460.55-1.00.560.750.55-1.00.710.490.49-0.320.50.37
0.30.64-0.53-0.010.250.460.04-0.23-0.03-0.47-0.690.040.230.28-0.050.430.250.33-0.040.220.280.24-0.380.30.34
0.770.73-0.890.870.730.010.460.18-0.520.51-0.770.460.230.74-0.460.740.740.77-0.460.680.670.85-0.680.770.78
0.970.87-0.580.660.960.520.550.37-0.70.68-0.840.550.280.74-0.560.930.960.94-0.550.930.890.88-0.790.990.91
-0.65-0.480.23-0.59-0.74-0.47-1.0-0.690.74-0.560.52-1.0-0.05-0.46-0.56-0.57-0.75-0.551.0-0.72-0.5-0.490.33-0.51-0.37
0.980.96-0.630.580.930.60.560.23-0.630.59-0.910.560.430.740.93-0.570.910.99-0.560.870.910.91-0.840.940.92
0.970.85-0.560.730.990.520.750.5-0.790.71-0.830.750.250.740.96-0.750.910.92-0.750.960.850.84-0.740.940.84
0.990.94-0.660.640.930.480.550.23-0.620.66-0.860.550.330.770.94-0.550.990.92-0.550.870.920.91-0.820.960.95
-0.65-0.470.22-0.59-0.74-0.47-1.0-0.690.74-0.560.52-1.0-0.04-0.46-0.551.0-0.56-0.75-0.55-0.71-0.49-0.490.32-0.5-0.37
0.930.8-0.480.70.970.580.710.56-0.90.7-0.790.710.220.680.93-0.720.870.960.87-0.710.840.81-0.650.90.77
0.920.85-0.540.610.890.520.490.34-0.610.64-0.790.490.280.670.89-0.50.910.850.92-0.490.840.85-0.760.90.9
0.90.84-0.710.730.860.390.490.27-0.630.63-0.840.490.240.850.88-0.490.910.840.91-0.490.810.85-0.910.890.89
-0.8-0.810.67-0.56-0.73-0.39-0.32-0.120.42-0.440.8-0.32-0.38-0.68-0.790.33-0.84-0.74-0.820.32-0.65-0.76-0.91-0.82-0.87
0.970.89-0.640.680.940.450.50.3-0.640.67-0.840.50.30.770.99-0.510.940.940.96-0.50.90.90.89-0.820.95
0.920.9-0.730.620.850.330.370.08-0.460.59-0.830.370.340.780.91-0.370.920.840.95-0.370.770.90.89-0.870.95
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Sixth Street Account Relationship Matchups

Sixth Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.6B2.8B3.3B2.0B
Short Long Term Debt Total1.1B1.1B1.2B2.3B1.8B976.7M
Other Current Liab(25.9M)(27.7M)(30.9M)(825.3M)(837.8M)(795.9M)
Total Current Liabilities25.9M27.7M30.9M30.8M62.9M66.0M
Total Stockholder Equity1.1B1.2B1.3B1.3B1.5B1.0B
Net Debt1.1B1.1B1.2B1.4B(1.2M)(1.2M)
Retained Earnings110.7M139.3M90.1M56.5M100.8M105.8M
Accounts Payable25.9M27.7M30.9M13.8M15.9M25.4M
Cash14.1M2.5M1.6M10.2M1.2M1.2M
Non Current Assets Total2.2B2.3B2.5B70.8M3.3B1.7B
Non Currrent Assets Other(2.3B)(2.3B)(2.6B)(5.6B)(3.3B)(3.1B)
Other Assets7.8M28.7M17.9M4.5M(24.0M)(25.2M)
Cash And Short Term Investments14.1M2.5M1.6M2.7B25.2M23.9M
Net Receivables13.1M8.6M10.8M18.8M28.0M29.4M
Common Stock Shares Outstanding66.1M67.2M77.7M78.2M85.1M64.9M
Short Term Investments1.7T(7.3M)2.5B2.7B24.0M22.8M
Liabilities And Stockholders Equity2.3B2.3B2.6B2.8B3.3B2.0B
Non Current Liabilities Total1.1B1.1B1.2B1.5B1.4B870.7M
Other Stockholder Equity897.2M1.0B1.2B1.2B1.4B951.4M
Total Liab1.2B1.2B1.3B1.5B1.8B951.1M
Total Current Assets27.2M11.0M12.3M2.8B84.7M80.5M
Common Stock666K680K761K821K885K603.0K
Other Liab23.9M19.4M21.9M22.8M26.2M14.8M
Long Term Debt703.4M608.0M1.1B1.4B1.7B1.7B
Common Stock Total Equity655K666K680K821K944.2K672.6K
Net Tangible Assets1.1B1.2B1.3B1.3B1.5B1.2B
Other Current Assets(27.2M)17.9M3.5M(44.5M)31.6M33.1M
Long Term Investments2.2B2.3B2.5B2.8B3.3B2.3B
Short Term Debt1.1B1.1B99.7M856.1M1.2B759.8M
Long Term Debt Total703.4M608.0M1.1B1.4B1.7B948.0M
Capital Surpluse906.5M991.9M1.0B1.3B1.5B1.1B
Net Invested Capital2.2B2.3B2.5B2.8B3.3B2.6B
Capital Stock666K680K761K821K885K819.1K

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