Thrive Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

1TT Stock   0  0  100.00%   
Thrive Tribe financial indicator trend analysis is much more than just breaking down Thrive Tribe Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thrive Tribe Technologies is a good investment. Please check the relationship between Thrive Tribe Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thrive Tribe Technologies. 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thrive Tribe Technologies Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Thrive Tribe's Common Stock Shares Outstanding and Property Plant And Equipment Net is -0.42. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Thrive Tribe Technologies, assuming nothing else is changed. The correlation between historical values of Thrive Tribe's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Thrive Tribe Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Thrive Tribe's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Thrive Tribe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thrive Tribe Technologies 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 Thrive Tribe Technologies. 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 drop to about 931.6 K in 2024
 2021 2023 2024 (projected)
Interest Expense3.0K148.4K155.9K
Depreciation And Amortization16.8K8.6K8.1K

Thrive Tribe fundamental ratios Correlations

-0.010.220.550.09-0.29-0.330.410.740.160.060.740.090.280.39-0.220.160.730.81-0.160.33-0.28-0.08-0.1-0.29-0.08
-0.010.760.10.61-0.370.310.110.1-0.290.110.10.27-0.15-0.250.210.58-0.080.170.27-0.330.630.250.020.11-0.04
0.220.760.020.37-0.14-0.10.670.1-0.30.440.10.740.38-0.020.120.650.210.360.35-0.020.280.59-0.57-0.33-0.59
0.550.10.020.23-0.57-0.03-0.20.340.36-0.290.34-0.21-0.140.29-0.3-0.16-0.160.28-0.320.1-0.170.160.060.260.03
0.090.610.370.23-0.680.3-0.210.43-0.44-0.460.43-0.21-0.420.030.01-0.04-0.060.35-0.22-0.290.570.00.240.370.25
-0.29-0.37-0.14-0.57-0.680.10.3-0.690.50.48-0.690.390.2-0.430.480.070.11-0.570.62-0.17-0.060.22-0.23-0.3-0.25
-0.330.31-0.1-0.030.30.1-0.39-0.340.35-0.15-0.34-0.36-0.87-0.870.750.05-0.34-0.490.48-0.970.81-0.140.540.780.58
0.410.110.67-0.2-0.210.3-0.390.11-0.090.70.110.810.690.060.150.530.610.40.460.26-0.160.42-0.69-0.61-0.73
0.740.10.10.340.43-0.69-0.340.11-0.41-0.251.0-0.270.080.51-0.410.060.630.94-0.490.39-0.15-0.480.23-0.110.25
0.16-0.29-0.30.36-0.440.50.35-0.09-0.410.03-0.41-0.06-0.23-0.350.33-0.18-0.09-0.440.35-0.31-0.080.180.090.210.07
0.060.110.44-0.29-0.460.48-0.150.7-0.250.03-0.250.780.57-0.320.460.80.270.010.730.020.090.4-0.51-0.55-0.54
0.740.10.10.340.43-0.69-0.340.111.0-0.41-0.25-0.270.080.51-0.410.060.630.94-0.490.39-0.15-0.480.23-0.110.25
0.090.270.74-0.21-0.210.39-0.360.81-0.27-0.060.78-0.270.750.010.170.580.220.080.520.2-0.040.78-0.84-0.71-0.88
0.28-0.150.38-0.14-0.420.2-0.870.690.08-0.230.570.080.750.56-0.390.310.40.37-0.020.77-0.60.42-0.77-0.93-0.81
0.39-0.25-0.020.290.03-0.43-0.870.060.51-0.35-0.320.510.010.56-0.93-0.360.210.55-0.80.9-0.760.02-0.3-0.49-0.32
-0.220.210.12-0.30.010.480.750.15-0.410.330.46-0.410.17-0.39-0.930.430.0-0.390.89-0.80.760.10.170.290.16
0.160.580.65-0.16-0.040.070.050.530.06-0.180.80.060.580.31-0.360.430.310.250.61-0.140.40.17-0.21-0.35-0.23
0.73-0.080.21-0.16-0.060.11-0.340.610.63-0.090.270.630.220.40.210.00.310.720.080.32-0.17-0.29-0.05-0.52-0.05
0.810.170.360.280.35-0.57-0.490.40.94-0.440.010.940.080.370.55-0.390.250.72-0.350.48-0.19-0.21-0.09-0.37-0.07
-0.160.270.35-0.32-0.220.620.480.46-0.490.350.73-0.490.52-0.02-0.80.890.610.08-0.35-0.550.540.34-0.13-0.03-0.2
0.33-0.33-0.020.1-0.29-0.17-0.970.260.39-0.310.020.390.20.770.9-0.8-0.140.320.48-0.55-0.840.01-0.36-0.69-0.45
-0.280.630.28-0.170.57-0.060.81-0.16-0.15-0.080.09-0.15-0.04-0.6-0.760.760.4-0.17-0.190.54-0.840.010.360.460.38
-0.080.250.590.160.00.22-0.140.42-0.480.180.4-0.480.780.420.020.10.17-0.29-0.210.340.010.01-0.78-0.32-0.82
-0.10.02-0.570.060.24-0.230.54-0.690.230.09-0.510.23-0.84-0.77-0.30.17-0.21-0.05-0.09-0.13-0.360.36-0.780.610.94
-0.290.11-0.330.260.37-0.30.78-0.61-0.110.21-0.55-0.11-0.71-0.93-0.490.29-0.35-0.52-0.37-0.03-0.690.46-0.320.610.65
-0.08-0.04-0.590.030.25-0.250.58-0.730.250.07-0.540.25-0.88-0.81-0.320.16-0.23-0.05-0.07-0.2-0.450.38-0.820.940.65
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Thrive Tribe Account Relationship Matchups

Thrive Tribe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets360.5K3.9M1.7M7.2M3.3M3.9M
Other Current Liab97.4K170.4K300.3K55.1K400.6K201.8K
Total Current Liabilities242.0K352.2K333.0K492.2K1.0M1.1M
Total Stockholder Equity118.6K3.5M1.4M1.7M2.5M2.0M
Net Debt(72.6K)(3.5M)(652.7K)(136.5K)(6.3K)(6.6K)
Retained Earnings(14.2M)(20.5M)(22.6M)(24.1M)(27.6M)(26.2M)
Accounts Payable144.6K181.8K32.7K437.1K450.5K473.0K
Cash72.6K3.5M652.7K5.1M156.3K148.5K
Non Current Assets Total250K311.2K407.1K1.3M1.5M978.2K
Non Currrent Assets Other(3.5M)(311.2K)(407.1K)75.0K1.4M1.5M
Cash And Short Term Investments72.6K3.5M652.7K5.1M156.3K148.5K
Net Receivables86.9K112.8K630.2K624.7K1.6M1.7M
Common Stock Shares Outstanding38.9M112.3M191.1M216.3M313.7M329.4M
Liabilities And Stockholders Equity360.5K3.9M1.7M7.2M3.3M3.9M
Other Current Assets1.7K1.4K7.4K111.0K97.1K54.0K
Total Liab242.0K352.2K333.0K5.5M1.0M1.1M
Total Current Assets110.5K3.6M1.3M5.9M1.8M2.5M

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