TTM Other Current Assets vs Other Stockholder Equity Analysis

TTMI Stock  USD 24.38  0.24  0.99%   
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 Other Current Assets and its Other Stockholder Equity 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.

Other Current Assets vs Other Stockholder Equity

Other Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTM Technologies Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between TTM Technologies' Other Current Assets and Other Stockholder Equity is 0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity 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' Other Current Assets and Other Stockholder 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 Other Current Assets of TTM Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., TTM Technologies' Other Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Stockholder Equity

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 Expense45.5M45.5M48.1M38.7M
Depreciation And Amortization127.3M133.9M160.7M168.8M

TTM Technologies fundamental ratios Correlations

0.910.050.90.920.720.740.590.940.770.980.50.770.86-0.650.880.940.440.250.920.960.60.960.150.8-0.65
0.910.20.890.690.780.940.330.940.520.950.470.520.74-0.520.80.980.430.540.820.980.440.790.330.77-0.52
0.050.20.33-0.140.550.23-0.490.19-0.010.04-0.2-0.01-0.19-0.410.150.10.680.490.310.190.030.060.45-0.35-0.41
0.90.890.330.730.850.770.330.920.640.890.290.640.69-0.690.80.850.630.430.890.940.530.860.480.57-0.69
0.920.69-0.140.730.490.440.770.770.870.860.470.870.87-0.640.780.750.28-0.040.850.770.630.96-0.040.76-0.64
0.720.780.550.850.490.7-0.010.80.480.730.270.480.42-0.80.810.720.730.570.830.790.380.660.440.26-0.8
0.740.940.230.770.440.70.150.80.20.840.380.20.59-0.340.640.90.340.650.620.880.280.560.40.7-0.34
0.590.33-0.490.330.77-0.010.150.380.590.530.430.590.86-0.330.380.42-0.1-0.370.420.40.750.63-0.310.68-0.33
0.940.940.190.920.770.80.80.380.70.930.420.70.75-0.630.910.940.550.390.910.970.490.890.220.68-0.63
0.770.52-0.010.640.870.480.20.590.70.650.411.00.65-0.660.710.570.37-0.080.80.620.560.89-0.060.45-0.66
0.980.950.040.890.860.730.840.530.930.650.510.650.84-0.60.850.970.40.330.880.970.540.90.210.84-0.6
0.50.47-0.20.290.470.270.380.430.420.410.510.410.51-0.270.310.5-0.060.190.370.440.350.44-0.090.54-0.27
0.770.52-0.010.640.870.480.20.590.71.00.650.410.66-0.670.710.570.37-0.090.80.620.560.89-0.060.45-0.67
0.860.74-0.190.690.870.420.590.860.750.650.840.510.66-0.560.70.780.150.070.720.780.770.84-0.020.84-0.56
-0.65-0.52-0.41-0.69-0.64-0.8-0.34-0.33-0.63-0.66-0.6-0.27-0.67-0.56-0.76-0.49-0.56-0.25-0.84-0.58-0.6-0.7-0.24-0.191.0
0.880.80.150.80.780.810.640.380.910.710.850.310.710.7-0.760.840.560.250.920.860.50.860.020.56-0.76
0.940.980.10.850.750.720.90.420.940.570.970.50.570.78-0.490.840.420.410.830.980.480.830.140.82-0.49
0.440.430.680.630.280.730.34-0.10.550.370.4-0.060.370.15-0.560.560.420.090.60.510.390.480.16-0.09-0.56
0.250.540.490.43-0.040.570.65-0.370.39-0.080.330.19-0.090.07-0.250.250.410.090.290.43-0.140.10.670.17-0.25
0.920.820.310.890.850.830.620.420.910.80.880.370.80.72-0.840.920.830.60.290.880.530.920.210.56-0.84
0.960.980.190.940.770.790.880.40.970.620.970.440.620.78-0.580.860.980.510.430.880.510.870.270.76-0.58
0.60.440.030.530.630.380.280.750.490.560.540.350.560.77-0.60.50.480.39-0.140.530.510.66-0.110.37-0.6
0.960.790.060.860.960.660.560.630.890.890.90.440.890.84-0.70.860.830.480.10.920.870.660.070.69-0.7
0.150.330.450.48-0.040.440.4-0.310.22-0.060.21-0.09-0.06-0.02-0.240.020.140.160.670.210.27-0.110.070.01-0.24
0.80.77-0.350.570.760.260.70.680.680.450.840.540.450.84-0.190.560.82-0.090.170.560.760.370.690.01-0.19
-0.65-0.52-0.41-0.69-0.64-0.8-0.34-0.33-0.63-0.66-0.6-0.27-0.67-0.561.0-0.76-0.49-0.56-0.25-0.84-0.58-0.6-0.7-0.24-0.19
Click cells to compare fundamentals

TTM Technologies Account Relationship Matchups

TTM Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B2.9B3.0B3.3B3.3B1.7B
Short Long Term Debt Total1.5B847.1M964.4M962.6M1.0B592.1M
Other Current Liab209.3M190.9M168.3M210.1M225.5M207.1M
Total Current Liabilities946.7M518.0M558.1M761.3M704.0M397.8M
Total Stockholder Equity1.3B1.4B1.5B1.5B1.5B757.1M
Property Plant And Equipment Net1.0B674.8M686.6M743.1M894.0M568.6M
Net Debt1.1B391.3M426.8M559.9M569.6M361.5M
Retained Earnings474.3M651.8M706.3M800.8M782.1M821.2M
Accounts Payable483.6M327.1M361.5M361.8M334.6M205.9M
Cash400.2M451.6M537.7M402.7M450.2M230.5M
Non Current Assets Total2.2B1.6B1.6B1.8B1.9B1.0B
Non Currrent Assets Other64.4M53.8M54.3M39.0M60.6M43.2M
Cash And Short Term Investments400.2M451.6M537.7M402.7M450.2M233.3M
Net Receivables791.9M654.4M711.2M878.3M712.3M748.0M
Common Stock Total Equity104K106K107K108K110K94.1K
Common Stock Shares Outstanding106.3M106.4M108.2M103.9M102.7M80.1M
Liabilities And Stockholders Equity3.6B2.9B3.0B3.3B3.3B1.7B
Non Current Liabilities Total1.3B933.9M1.0B1.0B1.1B576.1M
Inventory122.0M115.7M127.6M170.6M213.1M119.1M
Other Current Assets1.2B27.2M30.9M41.4M54.1M51.4M
Other Stockholder Equity814.7M831.0M776.3M759.4M757.9M504.3M
Total Liab2.3B1.5B1.6B1.8B1.8B973.3M
Property Plant And Equipment Gross1.0B650.4M1.4B1.6B1.8B1.8B
Total Current Assets1.3B1.2B1.4B1.5B1.4B739.3M
Accumulated Other Comprehensive Income(10.1M)(38.9M)(27.3M)(24.8M)(29.1M)(27.6M)
Short Term Debt250.0M4.3M7.1M57.4M11.9M11.3M
Intangible Assets332.0M281.3M239.9M288.0M236.7M133.3M
Common Stock106K107K108K110K111K105.5K
Other Assets64.4M27.2M3.0B39.0M44.9M42.6M
Long Term Debt1.2B842.9M927.8M879.4M914.3M598.2M
Property Plant Equipment1.0B650.4M686.6M724.2M832.8M570.8M
Other Liab80.7M91.0M84.2M121.5M139.7M146.7M
Good Will767.0M774.8M637.3M760.4M702.7M737.9M
Current Deferred Revenue3.8M4.3M14.2M104.0M126.5M132.8M
Net Tangible Assets172.2M525.4M1.5B487.1M560.2M586.9M
Retained Earnings Total Equity474.3M651.8M706.3M800.8M921.0M967.0M
Long Term Debt Total1.2B842.9M927.8M879.4M1.0B918.1M

Currently Active Assets on Macroaxis

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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.