Tigo Net Receivables vs Total Assets Analysis

TYGO Stock

0.87 0.03 3.33%

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

To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tigo Energy Net Receivables account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tigo Energy's Net Receivables and Total Assets is 0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Tigo Energy, assuming nothing else is changed. The correlation between historical values of Tigo Energy's Net Receivables and Total 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 Net Receivables of Tigo Energy are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Tigo Energy's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Total Assets

Total assets refers to the total amount of Tigo Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tigo Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Tigo Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tigo Energy 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 Tigo Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.At this time, Tigo Energy's Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.21, while Tax Provision is likely to drop about 98.9 K.

	2021	2022	2023	2024 (projected)
Gross Profit	12.6M	24.8M	51.3M	27.3M
Total Revenue	43.6M	81.3M	145.2M	83.5M

Gross Profit Total Revenue

Tigo Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Other Assets	Long Term Debt
Total Assets		0.58	0.82	0.47	0.59	-0.93	0.5	0.88	0.75	0.87	0.76	1.0	0.96	0.54	0.97	0.88	0.85	0.92	0.95	0.67	0.74	0.97	0.84	-0.93	0.99	0.91
Other Current Liab	0.58		0.51	0.23	-0.01	-0.57	0.31	0.52	0.42	0.69	0.48	0.58	0.56	0.26	0.55	0.55	0.51	0.53	0.58	0.39	0.46	0.56	0.49	-0.55	0.57	0.52
Total Current Liabilities	0.82	0.51		-0.09	0.17	-0.93	0.83	0.94	0.3	0.6	0.99	0.86	0.71	0.18	0.66	0.95	0.97	0.57	0.87	0.82	0.96	0.69	0.93	-0.7	0.82	0.68
Total Stockholder Equity	0.47	0.23	-0.09		0.81	-0.21	-0.45	0.11	0.89	0.64	-0.21	0.41	0.61	0.73	0.68	0.09	-0.04	0.76	0.33	-0.16	-0.23	0.65	0.0	-0.57	0.44	0.6
Net Debt	0.59	-0.01	0.17	0.81		-0.48	-0.29	0.24	0.89	0.69	0.06	0.54	0.74	0.49	0.72	0.4	0.15	0.81	0.57	-0.09	0.02	0.73	0.13	-0.75	0.52	0.65
Retained Earnings	-0.93	-0.57	-0.93	-0.21	-0.48		-0.58	-0.87	-0.61	-0.84	-0.88	-0.94	-0.9	-0.27	-0.83	-0.99	-0.89	-0.8	-0.99	-0.64	-0.84	-0.87	-0.83	0.91	-0.89	-0.81
Cash	0.5	0.31	0.83	-0.45	-0.29	-0.58		0.79	-0.19	0.11	0.89	0.57	0.27	0.03	0.29	0.62	0.88	0.13	0.48	0.94	0.91	0.29	0.89	-0.22	0.57	0.31
Cash And Short Term Investments	0.88	0.52	0.94	0.11	0.24	-0.87	0.79		0.39	0.61	0.9	0.91	0.74	0.49	0.76	0.85	0.95	0.66	0.83	0.86	0.87	0.77	0.96	-0.7	0.91	0.83
Common Stock Shares Outstanding	0.75	0.42	0.3	0.89	0.89	-0.61	-0.19	0.39		0.9	0.18	0.7	0.89	0.6	0.88	0.52	0.3	0.95	0.71	0.05	0.14	0.88	0.28	-0.88	0.68	0.79
Other Stockholder Equity	0.87	0.69	0.6	0.64	0.69	-0.84	0.11	0.61	0.9		0.5	0.84	0.96	0.44	0.91	0.78	0.56	0.94	0.9	0.27	0.45	0.93	0.51	-0.97	0.8	0.84
Total Liab	0.76	0.48	0.99	-0.21	0.06	-0.88	0.89	0.9	0.18	0.5		0.8	0.62	0.07	0.57	0.91	0.97	0.47	0.81	0.86	0.99	0.6	0.93	-0.61	0.77	0.57
Total Current Assets	1.0	0.58	0.86	0.41	0.54	-0.94	0.57	0.91	0.7	0.84	0.8		0.94	0.51	0.95	0.9	0.89	0.89	0.95	0.72	0.78	0.95	0.87	-0.9	0.99	0.89
Common Stock	0.96	0.56	0.71	0.61	0.74	-0.9	0.27	0.74	0.89	0.96	0.62	0.94		0.51	0.97	0.85	0.69	0.98	0.95	0.44	0.58	0.99	0.66	-0.99	0.91	0.9
Short Long Term Debt Total	0.54	0.26	0.18	0.73	0.49	-0.27	0.03	0.49	0.6	0.44	0.07	0.51	0.51		0.66	0.14	0.26	0.63	0.32	0.27	0.03	0.61	0.37	-0.42	0.6	0.76
Property Plant And Equipment Net	0.97	0.55	0.66	0.68	0.72	-0.83	0.29	0.76	0.88	0.91	0.57	0.95	0.97	0.66		0.75	0.69	0.98	0.89	0.52	0.55	1.0	0.7	-0.93	0.95	0.93
Current Deferred Revenue	0.88	0.55	0.95	0.09	0.4	-0.99	0.62	0.85	0.52	0.78	0.91	0.9	0.85	0.14	0.75		0.89	0.72	0.97	0.64	0.87	0.8	0.82	-0.87	0.83	0.73
Accounts Payable	0.85	0.51	0.97	-0.04	0.15	-0.89	0.88	0.95	0.3	0.56	0.97	0.89	0.69	0.26	0.69	0.89		0.58	0.84	0.92	0.97	0.71	0.99	-0.66	0.88	0.67
Non Current Assets Total	0.92	0.53	0.57	0.76	0.81	-0.8	0.13	0.66	0.95	0.94	0.47	0.89	0.98	0.63	0.98	0.72	0.58		0.87	0.36	0.43	0.99	0.57	-0.95	0.88	0.91
Non Currrent Assets Other	0.95	0.58	0.87	0.33	0.57	-0.99	0.48	0.83	0.71	0.9	0.81	0.95	0.95	0.32	0.89	0.97	0.84	0.87		0.58	0.77	0.92	0.78	-0.96	0.9	0.84
Net Receivables	0.67	0.39	0.82	-0.16	-0.09	-0.64	0.94	0.86	0.05	0.27	0.86	0.72	0.44	0.27	0.52	0.64	0.92	0.36	0.58		0.9	0.5	0.96	-0.37	0.76	0.48
Non Current Liabilities Total	0.74	0.46	0.96	-0.23	0.02	-0.84	0.91	0.87	0.14	0.45	0.99	0.78	0.58	0.03	0.55	0.87	0.97	0.43	0.77	0.9		0.57	0.93	-0.56	0.75	0.5
Inventory	0.97	0.56	0.69	0.65	0.73	-0.87	0.29	0.77	0.88	0.93	0.6	0.95	0.99	0.61	1.0	0.8	0.71	0.99	0.92	0.5	0.57		0.7	-0.96	0.94	0.92
Other Current Assets	0.84	0.49	0.93	0.0	0.13	-0.83	0.89	0.96	0.28	0.51	0.93	0.87	0.66	0.37	0.7	0.82	0.99	0.57	0.78	0.96	0.93	0.7		-0.6	0.89	0.69
Short Term Debt	-0.93	-0.55	-0.7	-0.57	-0.75	0.91	-0.22	-0.7	-0.88	-0.97	-0.61	-0.9	-0.99	-0.42	-0.93	-0.87	-0.66	-0.95	-0.96	-0.37	-0.56	-0.96	-0.6		-0.85	-0.87
Other Assets	0.99	0.57	0.82	0.44	0.52	-0.89	0.57	0.91	0.68	0.8	0.77	0.99	0.91	0.6	0.95	0.83	0.88	0.88	0.9	0.76	0.75	0.94	0.89	-0.85		0.89
Long Term Debt	0.91	0.52	0.68	0.6	0.65	-0.81	0.31	0.83	0.79	0.84	0.57	0.89	0.9	0.76	0.93	0.73	0.67	0.91	0.84	0.48	0.5	0.92	0.69	-0.87	0.89

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Tigo Energy Account Relationship Matchups

Pair Trading with Tigo Energy

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 Tigo Energy 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 Tigo Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tigo Stock

0.86	UMC	United Microelectronics Sell-off Trend	Pair Corr
0.83	IMOS	ChipMOS Technologies	Pair Corr

Moving against Tigo Stock

0.79	ZM	Zoom Video Communications	Pair Corr
0.73	KD	Kyndryl Holdings	Pair Corr
0.71	S	SentinelOne	Pair Corr
0.71	AI	C3 Ai Inc Earnings Call This Week	Pair Corr
0.65	EPAM	EPAM Systems	Pair Corr

The ability to find closely correlated positions to Tigo Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tigo Energy 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 Tigo Energy - 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 Tigo Energy to buy it.

The correlation of Tigo Energy 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 Tigo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tigo Energy 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 Tigo Energy 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 Correlation Correlation Matching

When determining whether Tigo Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tigo Energy'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 Tigo Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tigo Energy Stock:

How To Invest In Tigo

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Is Tigo Stock a good investment?

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What is Tigo Energy's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tigo Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Semiconductors & Semiconductor Equipment 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 Tigo Energy. If investors know Tigo 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 Tigo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.87)

Revenue Per Share

0.768

Quarterly Revenue Growth

(0.17)

Return On Assets

(0.21)

Return On Equity

(0.93)

The market value of Tigo Energy is measured differently than its book value, which is the value of Tigo that is recorded on the company's balance sheet. Investors also form their own opinion of Tigo Energy's value that differs from its market value or its book value, called intrinsic value, which is Tigo Energy'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 Tigo Energy's market value can be influenced by many factors that don't directly affect Tigo Energy'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 Tigo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tigo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tigo Energy'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.

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Tigo Net Receivables vs Total Assets Analysis

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Assets

Tigo Energy fundamental ratios Correlations

Tigo Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Tigo Energy

Moving together with Tigo Stock

Moving against Tigo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Inventory	+ 1.0	Property Plant And Equipment Net
Other Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Total Liab
Other Assets	+ 0.99	Total Current Assets

Short Term Debt	- 0.99	Common Stock
Non Currrent Assets Other	- 0.99	Retained Earnings
Current Deferred Revenue	- 0.99	Retained Earnings
Short Term Debt	- 0.97	Other Stockholder Equity
Short Term Debt	- 0.96	Inventory
Short Term Debt	- 0.96	Non Currrent Assets Other