Titanium Common Stock vs Retained Earnings Analysis
TTNM Stock | 2.30 0.03 1.29% |
Titanium Transportation financial indicator trend analysis is much more than just breaking down Titanium Transportation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titanium Transportation is a good investment. Please check the relationship between Titanium Transportation Common Stock and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titanium Transportation Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock vs Retained Earnings
Common Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titanium Transportation Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Titanium Transportation's Common Stock and Retained Earnings is 0.9. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Titanium Transportation Group, assuming nothing else is changed. The correlation between historical values of Titanium Transportation's Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Titanium Transportation Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Titanium Transportation's Common Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Titanium Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titanium Transportation 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 Titanium Transportation Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Titanium Transportation's Selling General Administrative is very stable compared to the past year. As of the 6th of January 2025, Sales General And Administrative To Revenue is likely to grow to 0, while Tax Provision is likely to drop about 3 M.
2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 496.4M | 438.7M | 504.5M | 529.7M | Depreciation And Amortization | 27.5M | 32.6M | 37.5M | 39.4M |
Titanium Transportation fundamental ratios Correlations
Click cells to compare fundamentals
Titanium Transportation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titanium Transportation fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 138.8M | 233.7M | 281.1M | 356.0M | 409.4M | 429.9M | |
Other Current Liab | 11.6M | 20.6M | 26.9M | 21.1M | 24.3M | 25.5M | |
Total Current Liabilities | 35.9M | 96.4M | 79.5M | 98.7M | 113.5M | 119.2M | |
Total Stockholder Equity | 47.1M | 73.7M | 98.2M | 104.5M | 120.2M | 126.2M | |
Property Plant And Equipment Net | 89.1M | 120.2M | 157.3M | 250.2M | 287.7M | 302.1M | |
Net Debt | 57.3M | 86.8M | 95.4M | 197.9M | 227.6M | 238.9M | |
Retained Earnings | 15.0M | 16.7M | 38M | 43.7M | 50.2M | 52.7M | |
Accounts Payable | 12.3M | 20.7M | 15.2M | 11.6M | 13.3M | 8.9M | |
Cash | 3.1M | 18.0M | 34.9M | 9.3M | 10.7M | 6.5M | |
Non Current Assets Total | 94.2M | 133.2M | 170.2M | 276.5M | 318.0M | 333.9M | |
Non Currrent Assets Other | 3.6M | 1.9M | 2.3M | 2.8M | 3.2M | 2.8M | |
Other Assets | 368.3K | 405.1K | 392K | 484K | 556.6K | 584.4K | |
Cash And Short Term Investments | 3.1M | 18.0M | 34.9M | 9.3M | 10.7M | 6.5M | |
Net Receivables | 39.2M | 69.6M | 72.6M | 66.0M | 76.0M | 79.8M | |
Common Stock Shares Outstanding | 37.3M | 41.3M | 45.2M | 45.5M | 52.4M | 35.9M | |
Non Current Liabilities Total | 55.8M | 63.6M | 103.5M | 152.8M | 175.7M | 184.5M | |
Other Current Assets | 2.3M | 3.7M | 3.4M | 4.1M | 4.7M | 3.0M | |
Total Liab | 91.7M | 160.0M | 182.9M | 251.4M | 289.2M | 303.6M | |
Total Current Assets | 44.5M | 100.5M | 110.9M | 79.5M | 91.4M | 46.3M | |
Common Stock | 23.3M | 48.2M | 51.0M | 50.7M | 58.3M | 61.2M | |
Short Long Term Debt Total | 60.3M | 104.8M | 130.3M | 207.2M | 238.3M | 250.2M | |
Liabilities And Stockholders Equity | 138.8M | 233.7M | 281.1M | 356.0M | 409.4M | 429.9M | |
Other Stockholder Equity | 8.8M | 8.8M | 9.2M | 9.8M | 11.3M | 7.0M | |
Short Term Debt | 12.0M | 55.2M | 37.4M | 65.5M | 75.4M | 79.1M | |
Intangible Assets | 857.1K | 6.7M | 5.4M | 13.1M | 15.1M | 15.8M | |
Long Term Debt | 12.5M | 23.8M | 74.9M | 123.1M | 141.6M | 148.7M | |
Long Term Debt Total | 51.9M | 48.3M | 49.7M | 93.0M | 106.9M | 59.0M | |
Capital Surpluse | 8.3M | 8.8M | 8.8M | 9.2M | 10.6M | 8.4M | |
Property Plant Equipment | 97.6M | 89.1M | 120.2M | 157.3M | 180.9M | 113.1M |
Pair Trading with Titanium Transportation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titanium Transportation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titanium Transportation will appreciate offsetting losses from the drop in the long position's value.Moving against Titanium Stock
The ability to find closely correlated positions to Titanium Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titanium Transportation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titanium Transportation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titanium Transportation Group to buy it.
The correlation of Titanium Transportation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titanium Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titanium Transportation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titanium Transportation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Titanium Stock
Balance Sheet is a snapshot of the financial position of Titanium Transportation at a specified time, usually calculated after every quarter, six months, or one year. Titanium Transportation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titanium Transportation and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Titanium currently owns. An asset can also be divided into two categories, current and non-current.