Tamburi Accounts Payable vs Intangible Assets Analysis

0G9J Stock   8.43  0.03  0.36%   
Tamburi Investment financial indicator trend analysis is much more than just breaking down Tamburi Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamburi Investment is a good investment. Please check the relationship between Tamburi Investment Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tamburi Investment Partners. 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.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamburi Investment Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tamburi Investment's Accounts Payable and Intangible Assets is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Tamburi Investment Partners, assuming nothing else is changed. The correlation between historical values of Tamburi Investment's Accounts Payable and Intangible 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 Accounts Payable of Tamburi Investment Partners are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Tamburi Investment's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Tamburi Investment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tamburi Investment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Tamburi Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamburi Investment 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Tamburi Investment Partners. 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.
Selling General Administrative is likely to gain to about 16.7 M in 2024, despite the fact that Tax Provision is likely to grow to (766.7 K).
 2023 2024 (projected)
Other Operating Expenses3.1M2.7M
Net Income133.3K126.7K

Tamburi Investment fundamental ratios Correlations

0.910.310.990.960.290.580.910.960.27-0.310.920.980.720.950.980.68-0.950.890.940.960.570.550.920.05
0.910.250.890.890.160.471.00.850.15-0.60.980.890.720.90.90.6-0.950.820.920.90.560.520.94-0.17
0.310.250.240.210.930.410.240.550.21-0.130.180.18-0.050.230.390.72-0.210.590.20.480.13-0.070.110.56
0.990.890.240.970.210.630.890.930.35-0.340.941.00.710.950.940.65-0.950.820.960.910.570.540.920.0
0.960.890.210.970.130.520.890.870.37-0.40.920.970.610.940.920.5-0.930.780.960.860.720.390.960.06
0.290.160.930.210.130.420.160.55-0.050.090.080.14-0.030.160.370.74-0.140.610.110.470.04-0.030.030.64
0.580.470.410.630.520.420.470.650.42-0.210.560.590.490.630.490.64-0.580.460.570.540.360.150.46-0.04
0.911.00.240.890.890.160.470.850.15-0.60.980.890.720.90.90.6-0.950.820.920.90.560.520.94-0.17
0.960.850.550.930.870.550.650.850.23-0.260.840.90.630.890.960.83-0.890.950.850.980.50.480.810.21
0.270.150.210.350.37-0.050.420.150.23-0.190.310.360.070.330.170.21-0.33-0.010.380.120.130.070.19-0.01
-0.31-0.6-0.13-0.34-0.40.09-0.21-0.6-0.26-0.19-0.59-0.33-0.16-0.32-0.27-0.170.41-0.21-0.56-0.29-0.410.01-0.490.37
0.920.980.180.940.920.080.560.980.840.31-0.590.940.740.920.880.59-0.980.750.960.870.550.530.94-0.22
0.980.890.181.00.970.140.590.890.90.36-0.330.940.730.960.940.6-0.960.790.960.890.570.560.93-0.04
0.720.72-0.050.710.61-0.030.490.720.630.07-0.160.740.730.810.70.49-0.80.590.640.720.20.770.71-0.52
0.950.90.230.950.940.160.630.90.890.33-0.320.920.960.810.930.57-0.960.80.910.90.630.50.94-0.11
0.980.90.390.940.920.370.490.90.960.17-0.270.880.940.70.930.69-0.920.950.890.980.560.550.90.12
0.680.60.720.650.50.740.640.60.830.21-0.170.590.60.490.570.69-0.640.780.550.80.00.550.410.19
-0.95-0.95-0.21-0.95-0.93-0.14-0.58-0.95-0.89-0.330.41-0.98-0.96-0.8-0.96-0.92-0.64-0.8-0.93-0.91-0.51-0.6-0.920.15
0.890.820.590.820.780.610.460.820.95-0.01-0.210.750.790.590.80.950.78-0.80.740.970.480.450.770.28
0.940.920.20.960.960.110.570.920.850.38-0.560.960.960.640.910.890.55-0.930.740.840.640.450.94-0.1
0.960.90.480.910.860.470.540.90.980.12-0.290.870.890.720.90.980.8-0.910.970.840.450.590.840.09
0.570.560.130.570.720.040.360.560.50.13-0.410.550.570.20.630.560.0-0.510.480.640.45-0.290.750.19
0.550.52-0.070.540.39-0.030.150.520.480.070.010.530.560.770.50.550.55-0.60.450.450.59-0.290.4-0.39
0.920.940.110.920.960.030.460.940.810.19-0.490.940.930.710.940.90.41-0.920.770.940.840.750.4-0.13
0.05-0.170.560.00.060.64-0.04-0.170.21-0.010.37-0.22-0.04-0.52-0.110.120.190.150.28-0.10.090.19-0.39-0.13
Click cells to compare fundamentals

Tamburi Investment Account Relationship Matchups

Tamburi Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets830.8M882.4M1.5B1.6B1.9B1.2B
Short Long Term Debt Total129.1M99.6M354.3M453.7M521.8M547.9M
Total Current Liabilities232.2M80.8M79.5M88.2M101.4M115.5M
Total Stockholder Equity628.1M632.4M826.1M960.2M1.1B762.8M
Retained Earnings358.6M405.0M476.0M583.0M670.4M381.4M
Cash3.3M1.8M171.9M3.2M3.7M3.5M
Other Assets8.1M3.9M9.0M4.2M4.8M6.4M
Long Term Debt129.1M99.6M351.7M451.4M519.1M545.1M
Cash And Short Term Investments41.7M47.0M268.6M183.1M210.6M119.2M
Net Receivables2.3M3.8M2.0M4.5M5.2M4.6M
Short Term Investments38.4M45.2M96.7M179.9M206.8M217.2M
Capital Surpluse158.1M175.7M208.9M269.4M309.8M203.6M
Other Current Assets1.2M5.7M7.3M1.8M2.0M2.6M
Other Stockholder Equity223.8M281.5M472.4M331.2M380.9M225.5M
Total Liab202.6M250.0M668.5M658.0M756.7M444.0M
Total Current Assets272.1M192.5M84.7M56.6M65.1M114.0M
Treasury Stock(12.0M)(31.1M)(54.5M)(91.5M)(82.4M)(78.2M)
Intangible Assets2.3K130.026.9K17.3K19.9K11.3K
Common Stock83.2M85.5M89.4M95.9M110.3M97.8M
Property Plant Equipment3.0M2.7M2.5M2.2M2.5M1.7M
Other Current Liab19.5M9.1M25.5M26.6M30.6M21.5M
Other Liab1.9M13.6M4.8M2.1M2.4M2.3M
Net Tangible Assets816.3M950.4M1.2B1.2B1.3B1.0B
Accounts Payable756.5K528.4K504.1K698.1K628.3K494.7K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tamburi Stock Analysis

When running Tamburi Investment's price analysis, check to measure Tamburi Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tamburi Investment is operating at the current time. Most of Tamburi Investment's value examination focuses on studying past and present price action to predict the probability of Tamburi Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamburi Investment's price. Additionally, you may evaluate how the addition of Tamburi Investment to your portfolios can decrease your overall portfolio volatility.