Tri Total Liab vs Non Currrent Assets Other Analysis

TY Stock  USD 34.48  0.30  0.88%   
Tri Continental financial indicator trend analysis is much more than just breaking down Tri Continental Closed prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tri Continental Closed is a good investment. Please check the relationship between Tri Continental Total Liab and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tri Continental Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Liab vs Non Currrent Assets Other

Total Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tri Continental Closed Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tri Continental's Total Liab and Non Currrent Assets Other is 0.11. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Tri Continental Closed, assuming nothing else is changed. The correlation between historical values of Tri Continental's Total Liab and Non Currrent Assets Other 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 Liab of Tri Continental Closed are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., Tri Continental's Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Tri Continental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tri Continental Closed 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 Tri Continental Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Tri Continental's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 7.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 392.1 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses969.5K817.3K186.0M195.3M
Cost Of Revenue8.2M7.7M186.8M196.1M

Tri Continental fundamental ratios Correlations

0.19-0.371.0-0.830.870.851.0-0.510.160.85-0.130.560.640.54-0.360.340.620.9-0.17-0.08-0.840.90.850.86-0.08
0.19-0.020.19-0.240.010.230.2-0.260.320.23-0.50.30.240.3-0.02-0.350.290.26-0.65-0.61-0.230.230.230.220.28
-0.37-0.02-0.430.1-0.57-0.12-0.370.130.01-0.12-0.290.110.080.211.0-0.350.1-0.16-0.08-0.120.12-0.19-0.12-0.130.36
1.00.19-0.43-0.820.890.841.0-0.510.160.84-0.110.550.610.51-0.410.350.60.89-0.16-0.07-0.830.890.840.85-0.1
-0.83-0.240.1-0.82-0.49-1.0-0.830.59-0.4-1.00.25-0.9-0.91-0.830.08-0.32-0.93-0.870.080.021.0-0.78-0.99-0.99-0.34
0.870.01-0.570.89-0.490.520.87-0.27-0.120.530.120.110.250.14-0.570.380.180.63-0.11-0.01-0.510.680.530.56-0.46
0.850.23-0.120.84-1.00.520.85-0.560.361.0-0.250.880.90.83-0.10.320.920.88-0.1-0.03-1.00.791.00.990.32
1.00.2-0.371.0-0.830.870.85-0.520.160.85-0.140.560.630.54-0.360.330.620.9-0.18-0.09-0.840.90.850.86-0.09
-0.51-0.260.13-0.510.59-0.27-0.56-0.52-0.9-0.560.44-0.67-0.38-0.380.110.06-0.6-0.750.10.150.57-0.64-0.53-0.5-0.1
0.160.320.010.16-0.4-0.120.360.16-0.90.35-0.360.640.30.270.03-0.090.540.460.03-0.05-0.370.310.330.280.33
0.850.23-0.120.84-1.00.531.00.85-0.560.35-0.250.880.90.83-0.10.320.920.88-0.1-0.03-1.00.791.00.990.31
-0.13-0.5-0.29-0.110.250.12-0.25-0.140.44-0.36-0.25-0.34-0.22-0.56-0.30.83-0.31-0.440.780.80.25-0.39-0.23-0.22-0.06
0.560.30.110.55-0.90.110.880.56-0.670.640.88-0.340.880.820.140.190.990.760.010.02-0.880.630.870.840.62
0.640.240.080.61-0.910.250.90.63-0.380.30.9-0.220.880.880.10.270.920.70.010.1-0.90.550.90.90.56
0.540.30.210.51-0.830.140.830.54-0.380.270.83-0.560.820.880.22-0.10.850.69-0.32-0.25-0.830.570.830.830.45
-0.36-0.021.0-0.410.08-0.57-0.1-0.360.110.03-0.1-0.30.140.10.22-0.340.12-0.14-0.07-0.120.1-0.17-0.1-0.110.37
0.34-0.35-0.350.35-0.320.380.320.330.06-0.090.320.830.190.27-0.1-0.340.230.080.730.76-0.320.080.330.330.14
0.620.290.10.6-0.930.180.920.62-0.60.540.92-0.310.990.920.850.120.230.780.00.02-0.920.670.910.890.62
0.90.26-0.160.89-0.870.630.880.9-0.750.460.88-0.440.760.70.69-0.140.080.78-0.24-0.21-0.870.960.870.860.1
-0.17-0.65-0.08-0.160.08-0.11-0.1-0.180.10.03-0.10.780.010.01-0.32-0.070.730.0-0.240.980.09-0.28-0.1-0.110.23
-0.08-0.61-0.12-0.070.02-0.01-0.03-0.090.15-0.05-0.030.80.020.1-0.25-0.120.760.02-0.210.980.03-0.26-0.03-0.030.2
-0.84-0.230.12-0.831.0-0.51-1.0-0.840.57-0.37-1.00.25-0.88-0.9-0.830.1-0.32-0.92-0.870.090.03-0.78-1.0-0.99-0.3
0.90.23-0.190.89-0.780.680.790.9-0.640.310.79-0.390.630.550.57-0.170.080.670.96-0.28-0.26-0.780.780.780.02
0.850.23-0.120.84-0.990.531.00.85-0.530.331.0-0.230.870.90.83-0.10.330.910.87-0.1-0.03-1.00.781.00.32
0.860.22-0.130.85-0.990.560.990.86-0.50.280.99-0.220.840.90.83-0.110.330.890.86-0.11-0.03-0.990.781.00.3
-0.080.280.36-0.1-0.34-0.460.32-0.09-0.10.330.31-0.060.620.560.450.370.140.620.10.230.2-0.30.020.320.3
Click cells to compare fundamentals

Tri Continental Account Relationship Matchups

Tri Continental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.0B1.6B1.8B1.7B
Other Current Liab(2.2M)(1.7M)(2.7M)(1.4M)(4.0M)(3.8M)
Total Current Liabilities2.2M1.1M2.1M1.2M5.2M5.0M
Total Stockholder Equity1.7B1.8B2.0B1.6B1.7B1.7B
Retained Earnings197.6M307.6M499.2M85.5M269.9M283.4M
Non Current Assets Total1.7B1.8B2.0B1.6B1.7B1.7B
Non Currrent Assets Other(1.7B)(1.8B)(2.0B)(1.6B)1.5M1.6M
Other Assets149.3K133.2K130.4K216.0K(1.5M)(1.4M)
Net Receivables8.9M9.8M8.3M9.7M17.8M16.2M
Common Stock Total Equity27.4M26.9M26.8M26.2M23.6M22.4M
Common Stock Shares Outstanding53.6M52.5M54.7M54.2M52.4M66.9M
Liabilities And Stockholders Equity1.7B1.8B2.0B1.6B1.8B1.7B
Other Stockholder Equity1.4B1.4B1.5B1.5B1.4B1.5B
Total Liab2.2M1.1M2.1M1.8M4.4M4.2M
Total Current Assets8.9M10.1M8.3M9.7M18.0M14.0M
Common Stock26.8M26.2M27.3M27.1M26.2M24.9M
Net Tangible Assets1.7B1.7B2.0B1.6B1.4B1.4B
Accounts Payable2.2M1.7M2.6M1.2M4.0M3.8M
Non Current Liabilities Total3.3M2.0M3.0M1.2M4.4M6.2M
Other Current Assets(8.9M)286.8K156.1K407.3K346.1K363.4K
Long Term Investments1.7B1.8B2.0B1.6B1.7B1.4B
Other Liab77.7K11.8K86.0K189.6K170.6K120.9K
Capital Surpluse1.4B1.4B1.4B1.5B1.3B1.2B
Capital Stock64.5M63.9M65.0M64.8M63.8M51.5M

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