Thrive Inventory vs Retained Earnings 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 Inventory and its Retained Earnings 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.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thrive Tribe Technologies Inventory account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Thrive Tribe's Inventory and Retained Earnings is -0.87. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings 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 Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Thrive Tribe Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Thrive Tribe's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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Additional Tools for Thrive Stock Analysis

When running Thrive Tribe's price analysis, check to measure Thrive Tribe'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 Thrive Tribe is operating at the current time. Most of Thrive Tribe's value examination focuses on studying past and present price action to predict the probability of Thrive Tribe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thrive Tribe's price. Additionally, you may evaluate how the addition of Thrive Tribe to your portfolios can decrease your overall portfolio volatility.