Trident Change In Working Capital from 2010 to 2024

TDTH Stock   2.32  0.09  4.04%   
Trident Digital's Change In Working Capital is decreasing with slightly volatile movements from year to year. Change In Working Capital is estimated to finish at about -559.6 K this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2010-12-31
Previous Quarter
-589.1 K
Current Value
-559.6 K
Quarterly Volatility
283.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trident Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trident Digital's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Expense of 48.9 K or Selling General Administrative of 4.7 M, as well as many indicators such as . Trident financial statements analysis is a perfect complement when working with Trident Digital Valuation or Volatility modules.
  
Check out the analysis of Trident Digital Correlation against competitors.

Latest Trident Digital's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Trident Digital Tech over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Trident Digital's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trident Digital's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Trident Change In Working Capital Regression Statistics

Arithmetic Mean112,409
Geometric Mean243,819
Coefficient Of Variation252.22
Mean Deviation183,140
Median202,774
Standard Deviation283,518
Sample Variance80.4B
Range990.7K
R-Value(0.51)
Mean Square Error63.8B
R-Squared0.26
Significance0.05
Slope(32,479)
Total Sum of Squares1.1T

Trident Change In Working Capital History

2024-559.6 K
2023-589.1 K
2022401.6 K

About Trident Digital Financial Statements

Investors use fundamental indicators, such as Trident Digital's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Trident Digital's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change In Working Capital-589.1 K-559.6 K

Currently Active Assets on Macroaxis

When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital'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 Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:
Check out the analysis of Trident Digital Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is IT Consulting & Other Services 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
0.026
Quarterly Revenue Growth
0.272
Return On Assets
(0.67)
Return On Equity
(8.62)
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.