180 Long Term Debt vs Net Tangible Assets Analysis

TURN Stock  USD 3.81  0.14  3.81%   
180 Degree financial indicator trend analysis is way more than just evaluating 180 Degree Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 180 Degree Capital is a good investment. Please check the relationship between 180 Degree Long Term Debt and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 180 Degree Capital Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 180 Degree's Long Term Debt and Net Tangible Assets is -0.37. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of 180 Degree Capital, assuming nothing else is changed. The correlation between historical values of 180 Degree's Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of 180 Degree Capital are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., 180 Degree's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that 180 Degree Capital has held for over one year. Long-term debt appears on 180 Degree Capital balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on 180 Degree Capital balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from 180 Degree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 180 Degree Capital 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 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, 180 Degree's Selling General Administrative is very stable compared to the past year. As of the 17th of December 2024, Sales General And Administrative To Revenue is likely to grow to 33.54, while Tax Provision is likely to drop 791.35.
 2023 2024 (projected)
Tax Provision833.0791.35
Non Recurring233.0K231.5K

180 Degree fundamental ratios Correlations

0.550.55-0.37-0.310.370.61-0.250.210.37-0.620.440.280.27-0.93-0.62-0.18-0.370.290.960.95-0.9-0.08-0.44-0.110.33
0.551.0-0.65-0.510.640.96-0.440.540.64-0.250.810.620.37-0.67-0.170.27-0.120.030.430.43-0.61-0.020.210.470.11
0.551.0-0.65-0.510.630.96-0.450.540.63-0.240.820.620.34-0.67-0.170.27-0.130.020.430.43-0.61-0.010.230.480.1
-0.37-0.65-0.650.39-0.99-0.460.37-0.69-0.990.31-0.44-0.98-0.490.47-0.14-0.230.20.12-0.24-0.230.280.07-0.26-0.30.28
-0.31-0.51-0.510.39-0.44-0.460.7-0.19-0.440.47-0.81-0.38-0.580.40.13-0.620.56-0.01-0.31-0.310.43-0.2-0.41-0.470.17
0.370.640.63-0.99-0.440.45-0.380.71.0-0.320.440.990.59-0.480.160.27-0.21-0.090.240.23-0.27-0.050.230.3-0.28
0.610.960.96-0.46-0.460.45-0.410.460.45-0.210.830.430.27-0.69-0.240.24-0.090.130.50.5-0.65-0.030.150.450.24
-0.25-0.44-0.450.370.7-0.38-0.41-0.35-0.380.49-0.7-0.31-0.610.43-0.16-0.540.81-0.21-0.2-0.20.29-0.42-0.49-0.620.32
0.210.540.54-0.69-0.190.70.46-0.350.70.120.410.740.49-0.270.490.42-0.070.23-0.05-0.080.04-0.020.30.5-0.2
0.370.640.63-0.99-0.441.00.45-0.380.7-0.320.440.990.59-0.480.160.27-0.21-0.090.240.23-0.27-0.050.230.3-0.28
-0.62-0.25-0.240.310.47-0.32-0.210.490.12-0.32-0.26-0.17-0.40.710.470.180.64-0.07-0.68-0.690.690.070.290.21-0.03
0.440.810.82-0.44-0.810.440.83-0.70.410.44-0.260.410.46-0.53-0.10.62-0.390.170.360.36-0.510.120.460.7-0.08
0.280.620.62-0.98-0.380.990.43-0.310.740.99-0.170.410.54-0.380.240.31-0.11-0.110.130.12-0.16-0.040.290.34-0.3
0.270.370.34-0.49-0.580.590.27-0.610.490.59-0.40.460.54-0.470.310.52-0.460.410.170.16-0.150.210.090.32-0.29
-0.93-0.67-0.670.470.4-0.48-0.690.43-0.27-0.480.71-0.53-0.38-0.470.470.110.46-0.34-0.87-0.870.890.020.370.03-0.18
-0.62-0.17-0.17-0.140.130.16-0.24-0.160.490.160.47-0.10.240.310.470.450.160.17-0.75-0.770.790.060.520.39-0.54
-0.180.270.27-0.23-0.620.270.24-0.540.420.270.180.620.310.520.110.45-0.220.31-0.29-0.30.210.220.710.71-0.4
-0.37-0.12-0.130.20.56-0.21-0.090.81-0.07-0.210.64-0.39-0.11-0.460.460.16-0.22-0.23-0.38-0.380.42-0.52-0.09-0.210.25
0.290.030.020.12-0.01-0.090.13-0.210.23-0.09-0.070.17-0.110.41-0.340.170.31-0.230.160.15-0.08-0.03-0.24-0.03-0.19
0.960.430.43-0.24-0.310.240.5-0.2-0.050.24-0.680.360.130.17-0.87-0.75-0.29-0.380.161.0-0.93-0.05-0.47-0.210.38
0.950.430.43-0.23-0.310.230.5-0.2-0.080.23-0.690.360.120.16-0.87-0.77-0.3-0.380.151.0-0.94-0.04-0.48-0.220.38
-0.9-0.61-0.610.280.43-0.27-0.650.290.04-0.270.69-0.51-0.16-0.150.890.790.210.42-0.08-0.93-0.94-0.020.360.1-0.39
-0.08-0.02-0.010.07-0.2-0.05-0.03-0.42-0.02-0.050.070.12-0.040.210.020.060.22-0.52-0.03-0.05-0.04-0.020.230.20.13
-0.440.210.23-0.26-0.410.230.15-0.490.30.230.290.460.290.090.370.520.71-0.09-0.24-0.47-0.480.360.230.78-0.42
-0.110.470.48-0.3-0.470.30.45-0.620.50.30.210.70.340.320.030.390.71-0.21-0.03-0.21-0.220.10.20.78-0.34
0.330.110.10.280.17-0.280.240.32-0.2-0.28-0.03-0.08-0.3-0.29-0.18-0.54-0.40.25-0.190.380.38-0.390.13-0.42-0.34
Click cells to compare fundamentals

180 Degree Account Relationship Matchups

180 Degree fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets99.8M99.3M115.4M67.0M51.2M94.0M
Total Stockholder Equity95.2M96.3M110.6M65.5M50.2M88.8M
Net Debt(11.3M)(11.5M)(4.0M)(582.8K)(246.1K)(258.4K)
Retained Earnings(23.3M)(21.7M)(4.2M)(45.9M)(49.5M)(47.0M)
Cash11.3M11.5M4.2M655.5K282.2K268.1K
Non Current Assets Total87.2M83.8M107.5M65.8M52.5M75.2M
Non Currrent Assets Other(17.2K)(17.7K)(130.3K)(65.8M)(50.7M)(53.2M)
Other Assets341.4K365.4K489.2K271.9K(2.3M)(2.2M)
Cash And Short Term Investments11.3M11.5M4.2M655.5K282.2K268.1K
Net Receivables875.0K3.4M3.3M262.9K302.4K287.3K
Liabilities And Stockholders Equity99.8M99.3M115.4M67.0M51.2M94.0M
Other Stockholder Equity118.2M117.6M114.4M111.1M99.3M119.4M
Total Current Assets12.2M15.1M7.5M918.4K980.4K931.4K
Total Liab735.3K735.3K575.5K1.4M952.8K905.2K
Other Current Liab(735.3K)(735.3K)(575.5K)(689.2K)(289.4K)(275.0K)
Total Current Liabilities735.3K735.3K575.5K689.2K289.4K275.0K
Non Current Liabilities Total4.6M2.9M4.7M689.2K1.6M1.7M
Accounts Payable735.3K735.3K575.5K689.2K289.4K275.0K
Other Liab1.3M842.4K833.9K645.6K581.1K552.0K
Other Current Assets(12.2M)346.8K622.8K468.3K698.2K733.1K
Property Plant Equipment17.2K17.7K130.3K87.8K79.0K119.9K
Net Tangible Assets95.2M96.3M110.6M65.5M59.0M71.2M
Long Term Investments87.2M83.8M107.5M65.7M50.6M70.1M

Pair Trading with 180 Degree

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 180 Degree 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 180 Degree will appreciate offsetting losses from the drop in the long position's value.

Moving against 180 Stock

  0.34WAVS Western AcquisitionPairCorr
The ability to find closely correlated positions to 180 Degree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 180 Degree 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 180 Degree - 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 180 Degree Capital to buy it.
The correlation of 180 Degree 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 180 Degree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Degree Capital 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 180 Degree 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.
Pair CorrelationCorrelation Matching
When determining whether 180 Degree Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 180 Degree's 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 180 Degree Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 180 Degree Capital Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody Banks 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 180 Degree. If investors know 180 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 180 Degree 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
0.481
Earnings Share
(1.72)
Revenue Per Share
0.013
Quarterly Revenue Growth
1.509
Return On Assets
(0.04)
The market value of 180 Degree Capital is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Degree's value that differs from its market value or its book value, called intrinsic value, which is 180 Degree'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 180 Degree's market value can be influenced by many factors that don't directly affect 180 Degree'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 180 Degree's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Degree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Degree'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.