TTM Income Quality vs Ptb Ratio Analysis
TTMI Stock | USD 25.18 0.46 1.86% |
TTM Technologies financial indicator trend analysis is much more than just breaking down TTM Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTM Technologies is a good investment. Please check the relationship between TTM Technologies Income Quality and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.
Income Quality vs Ptb Ratio
Income Quality vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTM Technologies Income Quality account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between TTM Technologies' Income Quality and Ptb Ratio is 0.67. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of TTM Technologies, assuming nothing else is changed. The correlation between historical values of TTM Technologies' Income Quality and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of TTM Technologies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Income Quality i.e., TTM Technologies' Income Quality and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from TTM Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTM Technologies 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 TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.As of now, TTM Technologies' Tax Provision is increasing as compared to previous years. The TTM Technologies' current Enterprise Value is estimated to increase to about 519.6 M, while Selling General Administrative is projected to decrease to under 90.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 45.5M | 45.5M | 48.1M | 38.7M | Depreciation And Amortization | 127.3M | 133.9M | 160.7M | 168.8M |
TTM Technologies fundamental ratios Correlations
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TTM Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TTM Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 2.9B | 3.0B | 3.3B | 3.3B | 1.7B | |
Short Long Term Debt Total | 1.5B | 847.1M | 964.4M | 962.6M | 1.0B | 592.1M | |
Other Current Liab | 209.3M | 190.9M | 168.3M | 210.1M | 225.5M | 207.1M | |
Total Current Liabilities | 946.7M | 518.0M | 558.1M | 761.3M | 704.0M | 397.8M | |
Total Stockholder Equity | 1.3B | 1.4B | 1.5B | 1.5B | 1.5B | 757.1M | |
Property Plant And Equipment Net | 1.0B | 674.8M | 686.6M | 743.1M | 894.0M | 568.6M | |
Net Debt | 1.1B | 391.3M | 426.8M | 559.9M | 569.6M | 361.5M | |
Retained Earnings | 474.3M | 651.8M | 706.3M | 800.8M | 782.1M | 821.2M | |
Accounts Payable | 483.6M | 327.1M | 361.5M | 361.8M | 334.6M | 205.9M | |
Cash | 400.2M | 451.6M | 537.7M | 402.7M | 450.2M | 230.5M | |
Non Current Assets Total | 2.2B | 1.6B | 1.6B | 1.8B | 1.9B | 1.0B | |
Non Currrent Assets Other | 64.4M | 53.8M | 54.3M | 39.0M | 60.6M | 43.2M | |
Cash And Short Term Investments | 400.2M | 451.6M | 537.7M | 402.7M | 450.2M | 233.3M | |
Net Receivables | 791.9M | 654.4M | 711.2M | 878.3M | 712.3M | 748.0M | |
Common Stock Total Equity | 104K | 106K | 107K | 108K | 110K | 94.1K | |
Common Stock Shares Outstanding | 106.3M | 106.4M | 108.2M | 103.9M | 102.7M | 80.1M | |
Liabilities And Stockholders Equity | 3.6B | 2.9B | 3.0B | 3.3B | 3.3B | 1.7B | |
Non Current Liabilities Total | 1.3B | 933.9M | 1.0B | 1.0B | 1.1B | 576.1M | |
Inventory | 122.0M | 115.7M | 127.6M | 170.6M | 213.1M | 119.1M | |
Other Current Assets | 1.2B | 27.2M | 30.9M | 41.4M | 54.1M | 51.4M | |
Other Stockholder Equity | 814.7M | 831.0M | 776.3M | 759.4M | 757.9M | 504.3M | |
Total Liab | 2.3B | 1.5B | 1.6B | 1.8B | 1.8B | 973.3M | |
Property Plant And Equipment Gross | 1.0B | 650.4M | 1.4B | 1.6B | 1.8B | 1.8B | |
Total Current Assets | 1.3B | 1.2B | 1.4B | 1.5B | 1.4B | 739.3M | |
Accumulated Other Comprehensive Income | (10.1M) | (38.9M) | (27.3M) | (24.8M) | (29.1M) | (27.6M) | |
Short Term Debt | 250.0M | 4.3M | 7.1M | 57.4M | 11.9M | 11.3M | |
Intangible Assets | 332.0M | 281.3M | 239.9M | 288.0M | 236.7M | 133.3M | |
Common Stock | 106K | 107K | 108K | 110K | 111K | 105.5K | |
Other Assets | 64.4M | 27.2M | 3.0B | 39.0M | 44.9M | 42.6M | |
Long Term Debt | 1.2B | 842.9M | 927.8M | 879.4M | 914.3M | 598.2M | |
Property Plant Equipment | 1.0B | 650.4M | 686.6M | 724.2M | 832.8M | 570.8M | |
Other Liab | 80.7M | 91.0M | 84.2M | 121.5M | 139.7M | 146.7M | |
Good Will | 767.0M | 774.8M | 637.3M | 760.4M | 702.7M | 737.9M | |
Current Deferred Revenue | 3.8M | 4.3M | 14.2M | 104.0M | 126.5M | 132.8M | |
Net Tangible Assets | 172.2M | 525.4M | 1.5B | 487.1M | 560.2M | 586.9M | |
Retained Earnings Total Equity | 474.3M | 651.8M | 706.3M | 800.8M | 921.0M | 967.0M | |
Long Term Debt Total | 1.2B | 842.9M | 927.8M | 879.4M | 1.0B | 918.1M |
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When determining whether TTM Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTM Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ttm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttm Technologies Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Electronic Equipment, Instruments & Components 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 TTM Technologies. If investors know TTM 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 TTM Technologies 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 2.765 | Earnings Share 0.66 | Revenue Per Share 23.176 | Quarterly Revenue Growth 0.077 | Return On Assets 0.0288 |
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' 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 TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' 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 TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' 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.