Tamburi Short Term Investments vs Other Current 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 Short Term Investments and its Other Current 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.

Short Term Investments vs Other Current Assets

Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamburi Investment Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tamburi Investment's Short Term Investments and Other Current Assets is 0.74. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current 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 Short Term Investments and Other Current 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 Short Term Investments of Tamburi Investment Partners are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., Tamburi Investment's Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Tamburi Investment balance sheet. It contains any investments Tamburi Investment Partners undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tamburi Investment can easily liquidate in the marketplace.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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
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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

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