Tetra Total Current Liabilities vs Net Debt Analysis

TTEK Stock

USD 30.60 0.18 0.58%

Tetra Tech financial indicator trend analysis is much more than just breaking down Tetra Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tetra Tech is a good investment. Please check the relationship between Tetra Tech Total Current Liabilities and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Tech Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tetra Tech's Total Current Liabilities and Net Debt is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of Tetra Tech, assuming nothing else is changed. The correlation between historical values of Tetra Tech's Total Current Liabilities and Net Debt 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 Tetra Tech are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Tetra Tech's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Liabilities

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

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Tetra Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tetra Tech 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 Tetra Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.At this time, Tetra Tech's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 157 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 10.8 M.

	2022	2023	2024	2025 (projected)
Gross Profit	725.0M	866.4M	996.4M	1.0B
Total Revenue	4.5B	5.2B	6.0B	6.3B

Gross Profit Total Revenue

Tetra Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.98	0.99	0.98	0.85	0.94	0.98	0.52	0.91	0.99	0.94	0.91	0.96	0.34	0.97	0.83	-0.43	0.99	0.92	0.97	0.87	0.81	1.0	0.42	0.85
Short Long Term Debt Total	0.96		0.95	0.95	0.89	0.86	0.99	0.94	0.38	0.84	0.98	0.94	0.84	0.87	0.14	1.0	0.74	-0.55	0.99	0.92	0.88	0.88	0.82	0.98	0.22	0.8
Other Current Liab	0.98	0.95		0.97	0.96	0.83	0.93	0.97	0.43	0.87	0.98	0.96	0.87	0.92	0.22	0.95	0.79	-0.48	0.97	0.94	0.92	0.9	0.79	0.99	0.31	0.91
Total Current Liabilities	0.99	0.95	0.97		0.95	0.87	0.92	0.99	0.51	0.89	0.98	0.95	0.89	0.95	0.31	0.95	0.88	-0.51	0.99	0.92	0.96	0.87	0.75	0.98	0.4	0.78
Total Stockholder Equity	0.98	0.89	0.96	0.95		0.8	0.85	0.94	0.58	0.93	0.96	0.88	0.93	0.97	0.48	0.9	0.82	-0.27	0.94	0.89	0.97	0.83	0.79	0.96	0.55	0.87
Property Plant And Equipment Net	0.85	0.86	0.83	0.87	0.8		0.85	0.88	0.2	0.75	0.87	0.83	0.75	0.72	0.16	0.82	0.89	-0.58	0.86	0.96	0.76	0.94	0.62	0.84	0.24	0.63
Net Debt	0.94	0.99	0.93	0.92	0.85	0.85		0.91	0.33	0.78	0.96	0.92	0.78	0.83	0.07	0.99	0.71	-0.58	0.97	0.9	0.83	0.87	0.83	0.96	0.15	0.78
Retained Earnings	0.98	0.94	0.97	0.99	0.94	0.88	0.91		0.48	0.91	0.97	0.97	0.91	0.93	0.27	0.94	0.88	-0.57	0.98	0.93	0.95	0.9	0.69	0.97	0.36	0.8
Accounts Payable	0.52	0.38	0.43	0.51	0.58	0.2	0.33	0.48		0.59	0.45	0.38	0.59	0.69	0.76	0.43	0.41	0.16	0.47	0.24	0.67	0.19	0.4	0.48	0.76	0.35
Cash	0.91	0.84	0.87	0.89	0.93	0.75	0.78	0.91	0.59		0.87	0.86	1.0	0.93	0.5	0.85	0.8	-0.3	0.88	0.82	0.96	0.79	0.63	0.88	0.57	0.79
Non Current Assets Total	0.99	0.98	0.98	0.98	0.96	0.87	0.96	0.97	0.45	0.87		0.94	0.87	0.92	0.25	0.98	0.81	-0.48	0.99	0.94	0.93	0.89	0.84	1.0	0.34	0.85
Non Currrent Assets Other	0.94	0.94	0.96	0.95	0.88	0.83	0.92	0.97	0.38	0.86	0.94		0.86	0.87	0.09	0.94	0.79	-0.67	0.95	0.91	0.88	0.92	0.65	0.95	0.18	0.83
Cash And Short Term Investments	0.91	0.84	0.87	0.89	0.93	0.75	0.78	0.91	0.59	1.0	0.87	0.86		0.93	0.5	0.85	0.8	-0.3	0.88	0.82	0.96	0.79	0.63	0.88	0.57	0.79
Net Receivables	0.96	0.87	0.92	0.95	0.97	0.72	0.83	0.93	0.69	0.93	0.92	0.87	0.93		0.53	0.9	0.79	-0.28	0.93	0.8	1.0	0.75	0.73	0.94	0.6	0.79
Common Stock Shares Outstanding	0.34	0.14	0.22	0.31	0.48	0.16	0.07	0.27	0.76	0.5	0.25	0.09	0.5	0.53		0.18	0.36	0.54	0.25	0.15	0.52	0.07	0.27	0.27	0.99	0.19
Non Current Liabilities Total	0.97	1.0	0.95	0.95	0.9	0.82	0.99	0.94	0.43	0.85	0.98	0.94	0.85	0.9	0.18		0.73	-0.52	0.99	0.89	0.9	0.85	0.84	0.98	0.26	0.81
Other Current Assets	0.83	0.74	0.79	0.88	0.82	0.89	0.71	0.88	0.41	0.8	0.81	0.79	0.8	0.79	0.36	0.73		-0.49	0.81	0.84	0.82	0.8	0.5	0.79	0.43	0.54
Other Stockholder Equity	-0.43	-0.55	-0.48	-0.51	-0.27	-0.58	-0.58	-0.57	0.16	-0.3	-0.48	-0.67	-0.3	-0.28	0.54	-0.52	-0.49		-0.52	-0.55	-0.31	-0.63	-0.11	-0.46	0.46	-0.27
Total Liab	0.99	0.99	0.97	0.99	0.94	0.86	0.97	0.98	0.47	0.88	0.99	0.95	0.88	0.93	0.25	0.99	0.81	-0.52		0.92	0.94	0.87	0.81	0.99	0.33	0.81
Property Plant And Equipment Gross	0.92	0.92	0.94	0.92	0.89	0.96	0.9	0.93	0.24	0.82	0.94	0.91	0.82	0.8	0.15	0.89	0.84	-0.55	0.92		0.82	0.98	0.71	0.92	0.23	0.81
Total Current Assets	0.97	0.88	0.92	0.96	0.97	0.76	0.83	0.95	0.67	0.96	0.93	0.88	0.96	1.0	0.52	0.9	0.82	-0.31	0.94	0.82		0.78	0.72	0.94	0.6	0.79
Short Term Debt	0.87	0.88	0.9	0.87	0.83	0.94	0.87	0.9	0.19	0.79	0.89	0.92	0.79	0.75	0.07	0.85	0.8	-0.63	0.87	0.98	0.78		0.58	0.87	0.15	0.79
Intangible Assets	0.81	0.82	0.79	0.75	0.79	0.62	0.83	0.69	0.4	0.63	0.84	0.65	0.63	0.73	0.27	0.84	0.5	-0.11	0.81	0.71	0.72	0.58		0.83	0.31	0.73
Good Will	1.0	0.98	0.99	0.98	0.96	0.84	0.96	0.97	0.48	0.88	1.0	0.95	0.88	0.94	0.27	0.98	0.79	-0.46	0.99	0.92	0.94	0.87	0.83		0.35	0.86
Common Stock Total Equity	0.42	0.22	0.31	0.4	0.55	0.24	0.15	0.36	0.76	0.57	0.34	0.18	0.57	0.6	0.99	0.26	0.43	0.46	0.33	0.23	0.6	0.15	0.31	0.35		0.26
Common Stock	0.85	0.8	0.91	0.78	0.87	0.63	0.78	0.8	0.35	0.79	0.85	0.83	0.79	0.79	0.19	0.81	0.54	-0.27	0.81	0.81	0.79	0.79	0.73	0.86	0.26

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Tetra Tech Account Relationship Matchups

Tetra Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.6B	2.6B	3.8B	4.2B	4.8B	5.1B
Short Long Term Debt Total	454.2M	462.9M	1.1B	1.0B	1.2B	1.2B
Other Current Liab	449.4M	456.9M	619.8M	895.2M	1.0B	1.1B
Total Current Liabilities	848.5M	916.0M	1.2B	1.2B	1.4B	1.5B
Total Stockholder Equity	1.2B	1.2B	1.4B	1.8B	2.1B	2.2B
Property Plant And Equipment Net	253.2M	214.6M	250.8M	251.0M	288.7M	303.1M
Net Debt	287.7M	277.8M	920.4M	783.5M	901.0M	946.0M
Retained Earnings	1.4B	1.4B	1.6B	1.9B	2.2B	2.3B
Accounts Payable	128.8M	147.4M	173.3M	197.4M	227.1M	124.0M
Cash	166.6M	185.1M	168.8M	232.7M	267.6M	281.0M
Non Current Assets Total	1.5B	1.5B	2.5B	2.7B	3.1B	3.2B
Non Currrent Assets Other	53.2M	58.0M	70.5M	101.6M	116.8M	122.7M
Cash And Short Term Investments	166.6M	185.1M	168.8M	232.7M	267.6M	281.0M
Net Receivables	787.0M	857.7M	1.1B	1.2B	1.4B	1.5B
Common Stock Shares Outstanding	273.4M	270.8M	268.2M	270.0M	310.5M	286.3M
Liabilities And Stockholders Equity	2.6B	2.6B	3.8B	4.2B	4.8B	5.1B
Non Current Liabilities Total	493.8M	523.6M	1.2B	1.1B	1.3B	1.4B
Other Current Assets	112.3M	115.4M	89.1M	91.6M	105.3M	110.6M
Other Stockholder Equity	53K	50K	(1.0)	35.9M	41.3M	39.2M
Total Liab	1.3B	1.4B	2.4B	2.4B	2.7B	2.9B
Property Plant And Equipment Gross	253.2M	214.6M	250.8M	361.9M	416.2M	437.0M
Total Current Assets	1.1B	1.2B	1.4B	1.5B	1.8B	1.8B
Accumulated Other Comprehensive Income	(125.0M)	(208.1M)	(195.3M)	(78.9M)	(71.0M)	(67.4M)
Short Term Debt	80.0M	70.4M	65.0M	126.8M	145.9M	153.2M
Intangible Assets	38.0M	29.2M	173.9M	160.6M	144.5M	151.8M
Good Will	1.1B	1.1B	1.9B	2.0B	2.4B	2.5B
Common Stock Total Equity	546K	538K	540K	530K	609.5K	585.6K
Common Stock	540K	530K	532K	2.7M	3.1M	3.2M
Other Assets	(2K)	78K	(38K)	(9.4M)	(8.5M)	(8.1M)
Long Term Debt	200M	246.3M	879.5M	812.6M	934.5M	981.3M
Property Plant Equipment	39.4M	35.5M	253.2M	214.6M	246.8M	259.2M
Current Deferred Revenue	190.4M	241.3M	335.0M	(63.4M)	(57.1M)	(54.2M)
Other Liab	124.1M	113.4M	119.5M	131.1M	150.8M	158.3M
Net Tangible Assets	48.0M	221.8M	87.7M	43.5M	39.2M	37.2M
Long Term Debt Total	263.9M	242.4M	200M	246.3M	283.2M	238.3M

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When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:

How To Invest In Tetra

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Is Tetra Stock a good investment?

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What is Tetra Tech's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Tech. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.99)

Dividend Share

0.226

Earnings Share

0.95

Revenue Per Share

16.826

Quarterly Revenue Growth

0.179

The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tetra Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Tetra Tech fundamental ratios Correlations

Tetra Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tetra Tech fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Net Receivables
Total Current Liabilities	+ 0.99	Total Assets

Other Stockholder Equity	- 0.67	Non Currrent Assets Other
Short Term Debt	- 0.63	Other Stockholder Equity
Other Stockholder Equity	- 0.58	Net Debt
Other Stockholder Equity	- 0.58	Property Plant And Equipment Net
Other Stockholder Equity	- 0.57	Retained Earnings
Property Plant And Equipment Gross	- 0.55	Other Stockholder Equity