Sixth Total Current Liabilities vs Common Stock Total Equity Analysis

TSLX Stock  USD 22.96  0.49  2.18%   
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 Total Current Liabilities and its Common Stock Total Equity 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sixth Street Specialty Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sixth Street's Total Current Liabilities and Common Stock Total Equity is 0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity 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 Total Current Liabilities and Common Stock Total Equity 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 Sixth Street Specialty are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., Sixth Street's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

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

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.
Selling General Administrative is likely to rise to about 13.7 B in 2025, whereas Tax Provision is likely to drop slightly above 3.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit72.5M328.9M473.1B496.7B
Total Revenue136.5M438.1M473.1B496.7B

Sixth Street fundamental ratios Correlations

0.60.170.091.0-1.00.140.01.00.4-0.30.171.01.00.41-0.150.041.00.42-0.140.310.320.56-0.410.410.5
0.6-0.40.530.6-0.580.460.060.60.49-0.930.470.640.60.86-0.460.670.60.88-0.460.780.80.93-0.860.860.89
0.17-0.4-0.050.17-0.2-0.110.080.170.440.65-0.110.10.17-0.210.11-0.590.17-0.210.11-0.22-0.25-0.20.28-0.26-0.26
0.090.53-0.050.09-0.080.640.590.080.62-0.570.640.090.090.66-0.640.350.090.64-0.640.750.610.55-0.510.620.49
1.00.60.170.09-1.00.140.01.00.4-0.30.171.01.00.41-0.150.041.00.42-0.140.310.320.56-0.410.410.5
-1.0-0.58-0.2-0.08-1.0-0.120.03-1.0-0.410.27-0.14-0.99-1.0-0.40.120.01-1.0-0.410.12-0.29-0.3-0.530.39-0.4-0.49
0.140.46-0.110.640.14-0.120.660.140.53-0.521.00.150.140.53-1.00.550.140.52-1.00.70.490.49-0.330.510.38
0.00.060.080.590.00.030.66-0.010.35-0.150.66-0.020.00.26-0.660.330.00.12-0.660.470.280.21-0.060.240.02
1.00.60.170.081.0-1.00.14-0.010.4-0.30.161.01.00.4-0.140.041.00.41-0.140.310.310.56-0.410.410.49
0.40.490.440.620.4-0.410.530.350.4-0.330.540.370.40.76-0.540.280.40.75-0.540.740.680.67-0.540.720.66
-0.3-0.930.65-0.57-0.30.27-0.52-0.15-0.3-0.33-0.53-0.35-0.3-0.820.53-0.82-0.3-0.830.52-0.8-0.79-0.840.81-0.83-0.82
0.170.47-0.110.640.17-0.141.00.660.160.54-0.530.170.170.54-1.00.550.170.53-1.00.710.50.51-0.340.510.39
1.00.640.10.091.0-0.990.15-0.021.00.37-0.350.171.00.42-0.150.081.00.44-0.150.330.330.58-0.440.430.52
1.00.60.170.091.0-1.00.140.01.00.4-0.30.171.00.41-0.150.041.00.42-0.140.310.320.56-0.410.410.5
0.410.86-0.210.660.41-0.40.530.260.40.76-0.820.540.420.41-0.540.680.410.95-0.530.940.90.9-0.820.990.93
-0.15-0.460.11-0.64-0.150.12-1.0-0.66-0.14-0.540.53-1.0-0.15-0.15-0.54-0.56-0.15-0.531.0-0.7-0.5-0.50.34-0.51-0.38
0.040.67-0.590.350.040.010.550.330.040.28-0.820.550.080.040.68-0.560.040.64-0.550.710.720.74-0.660.690.63
1.00.60.170.091.0-1.00.140.01.00.4-0.30.171.01.00.41-0.150.040.42-0.140.310.320.56-0.410.410.5
0.420.88-0.210.640.42-0.410.520.120.410.75-0.830.530.440.420.95-0.530.640.42-0.520.880.910.9-0.850.950.95
-0.14-0.460.11-0.64-0.140.12-1.0-0.66-0.14-0.540.52-1.0-0.15-0.14-0.531.0-0.55-0.14-0.52-0.7-0.49-0.490.33-0.51-0.38
0.310.78-0.220.750.31-0.290.70.470.310.74-0.80.710.330.310.94-0.70.710.310.88-0.70.860.84-0.70.920.81
0.320.8-0.250.610.32-0.30.490.280.310.68-0.790.50.330.320.9-0.50.720.320.91-0.490.860.86-0.780.910.91
0.560.93-0.20.550.56-0.530.490.210.560.67-0.840.510.580.560.9-0.50.740.560.9-0.490.840.86-0.920.90.9
-0.41-0.860.28-0.51-0.410.39-0.33-0.06-0.41-0.540.81-0.34-0.44-0.41-0.820.34-0.66-0.41-0.850.33-0.7-0.78-0.92-0.84-0.89
0.410.86-0.260.620.41-0.40.510.240.410.72-0.830.510.430.410.99-0.510.690.410.95-0.510.920.910.9-0.840.96
0.50.89-0.260.490.5-0.490.380.020.490.66-0.820.390.520.50.93-0.380.630.50.95-0.380.810.910.9-0.890.96
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Sixth Street Account Relationship Matchups

Sixth Street fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.6B2.8B3.3B3.6T3.8T
Short Long Term Debt Total1.1B1.2B2.3B1.8B2.0B2.1B
Other Current Liab(27.7M)(30.9M)(825.3M)62.9M28.6M30.0M
Total Current Liabilities27.7M30.9M30.8M62.9M28.6M30.3M
Total Stockholder Equity1.2B1.3B1.3B1.5B1.6T1.7T
Net Debt1.1B1.2B1.4B(1.2M)(27.3B)(26.0B)
Retained Earnings139.3M90.1M56.5M100.8M97.7M102.6M
Accounts Payable25.9M27.7M30.9M13.8M15.9M25.4M
Cash2.5M1.6M10.2M1.2M27.3B28.7B
Non Current Assets Total2.3B2.5B70.8M3.3B3.5B1.9B
Non Currrent Assets Other(2.3B)(2.6B)(5.6B)(3.3B)(3.0B)(3.1B)
Other Assets28.7M17.9M4.5M(24.0M)3.5T3.7T
Cash And Short Term Investments2.5M1.6M2.7B25.2M27.3B28.7B
Net Receivables8.6M10.8M18.8M28.0M30.5B32.0B
Common Stock Shares Outstanding67.2M77.7M78.2M85.1M92.0M67.5M
Liabilities And Stockholders Equity2.3B2.6B2.8B3.3B3.6T3.8T
Non Current Liabilities Total1.1B1.2B1.5B569.9M655.4M796.7M
Other Stockholder Equity1.0B1.2B1.2B1.4B1.6T1.7T
Total Liab1.2B1.3B1.5B1.8B2.0B1.0B
Total Current Assets11.0M12.3M2.8B84.7M57.8B55.0B
Common Stock680K761K821K885K943K634.0K
Other Liab23.9M19.4M21.9M22.8M26.2M14.8M
Common Stock Total Equity655K666K680K821K944.2K672.6K
Net Tangible Assets1.1B1.2B1.3B1.3B1.5B1.2B
Other Current Assets17.9M3.5M(44.5M)31.6M6.0M6.3M
Long Term Investments2.3B2.5B2.8B3.3B3.5B2.4B
Short Term Debt1.1B99.7M856.1M1.2B1.4B759.8M
Net Invested Capital2.3B2.5B2.8B3.3B3.5B2.7B
Capital Stock680K761K821K885K943K850.3K

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