Tangel Net Tangible Assets vs Other Liab Analysis

300148 Stock   3.63  0.16  4.22%   
Tangel Publishing financial indicator trend analysis is much more than just breaking down Tangel Publishing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangel Publishing is a good investment. Please check the relationship between Tangel Publishing Net Tangible Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangel Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Other Liab

Net Tangible Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tangel Publishing Net Tangible Assets account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tangel Publishing's Net Tangible Assets and Other Liab is 0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Tangel Publishing, assuming nothing else is changed. The correlation between historical values of Tangel Publishing's Net Tangible Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Tangel Publishing are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Tangible Assets i.e., Tangel Publishing's Net Tangible Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Liab

Most indicators from Tangel Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangel Publishing 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 Tangel Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 81.1 M. The current year's Tax Provision is expected to grow to about 13.4 M
 2022 2023 2024 2025 (projected)
Gross Profit189.4M141.6M127.4M121.0M
Research Development40.4M20.8M18.7M17.8M

Tangel Publishing fundamental ratios Correlations

0.860.920.990.230.820.770.550.870.140.030.840.6-0.080.080.580.64-0.620.80.330.310.880.140.540.060.01
0.860.790.870.480.570.650.320.820.31-0.170.660.24-0.390.330.390.76-0.690.5-0.020.030.750.430.48-0.16-0.21
0.920.790.880.00.950.610.710.880.140.230.970.710.050.10.810.45-0.450.840.440.550.78-0.040.710.290.27
0.990.870.880.320.750.780.50.860.17-0.060.770.52-0.160.090.50.71-0.660.750.260.20.870.230.51-0.03-0.09
0.230.480.00.32-0.190.19-0.110.390.58-0.85-0.21-0.62-0.940.07-0.360.84-0.67-0.26-0.63-0.740.120.980.14-0.87-0.88
0.820.570.950.75-0.190.50.790.790.080.340.970.810.22-0.050.890.26-0.330.830.610.730.67-0.220.710.460.46
0.770.650.610.780.190.50.080.490.05-0.010.550.410.020.050.170.58-0.310.590.090.060.830.060.03-0.090.0
0.550.320.710.5-0.110.790.080.680.190.20.720.570.07-0.20.770.11-0.390.580.420.590.28-0.070.880.30.34
0.870.820.880.860.390.790.490.680.4-0.190.770.36-0.36-0.060.640.73-0.70.650.220.260.710.380.81-0.07-0.09
0.140.310.140.170.580.080.050.190.4-0.460.02-0.35-0.60.110.00.47-0.33-0.15-0.35-0.32-0.050.620.39-0.49-0.45
0.03-0.170.23-0.06-0.850.34-0.010.2-0.19-0.460.40.740.860.310.41-0.670.590.370.590.7-0.04-0.87-0.020.750.85
0.840.660.970.77-0.210.970.550.720.770.020.40.820.240.070.870.26-0.310.850.550.720.72-0.240.670.470.49
0.60.240.710.52-0.620.810.410.570.36-0.350.740.820.710.00.74-0.20.070.840.810.840.54-0.690.330.740.73
-0.08-0.390.05-0.16-0.940.220.020.07-0.36-0.60.860.240.71-0.040.29-0.750.610.380.680.680.02-0.98-0.240.820.81
0.080.330.10.090.07-0.050.05-0.2-0.060.110.310.070.0-0.04-0.13-0.030.11-0.13-0.1-0.12-0.110.05-0.1-0.08-0.08
0.580.390.810.5-0.360.890.170.770.640.00.410.870.740.29-0.130.02-0.20.730.590.820.45-0.330.750.650.58
0.640.760.450.710.840.260.580.110.730.47-0.670.26-0.2-0.75-0.030.02-0.740.22-0.3-0.390.60.790.33-0.62-0.63
-0.62-0.69-0.45-0.66-0.67-0.33-0.31-0.39-0.7-0.330.59-0.310.070.610.11-0.2-0.74-0.170.110.15-0.47-0.66-0.450.30.48
0.80.50.840.75-0.260.830.590.580.65-0.150.370.850.840.38-0.130.730.22-0.170.650.630.81-0.340.520.440.39
0.33-0.020.440.26-0.630.610.090.420.22-0.350.590.550.810.68-0.10.59-0.30.110.650.840.34-0.650.240.770.61
0.310.030.550.2-0.740.730.060.590.26-0.320.70.720.840.68-0.120.82-0.390.150.630.840.28-0.710.410.890.87
0.880.750.780.870.120.670.830.280.71-0.05-0.040.720.540.02-0.110.450.6-0.470.810.340.280.030.310.10.03
0.140.43-0.040.230.98-0.220.06-0.070.380.62-0.87-0.24-0.69-0.980.05-0.330.79-0.66-0.34-0.65-0.710.030.2-0.85-0.86
0.540.480.710.510.140.710.030.880.810.39-0.020.670.33-0.24-0.10.750.33-0.450.520.240.410.310.20.090.1
0.06-0.160.29-0.03-0.870.46-0.090.3-0.07-0.490.750.470.740.82-0.080.65-0.620.30.440.770.890.1-0.850.090.85
0.01-0.210.27-0.09-0.880.460.00.34-0.09-0.450.850.490.730.81-0.080.58-0.630.480.390.610.870.03-0.860.10.85
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Tangel Publishing Account Relationship Matchups

Tangel Publishing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.8B2.0B1.6B1.5B1.7B2.1B
Other Current Liab161.9M75.6M94.4M1.7M2.0M1.9M
Total Current Liabilities333.4M267.6M282.4M234.4M269.5M254.4M
Total Stockholder Equity2.3B1.5B1.1B973.7M1.1B1.7B
Retained Earnings(1.2B)(1.9B)(2.3B)(2.4B)(2.1B)(2.0B)
Accounts Payable210.9M151.4M199.9M190.3M218.8M151.9M
Cash386.2M455.3M475.6M597.3M686.9M529.6M
Other Assets31.1M55.5M22.1M14.8M17.0M14.8M
Net Receivables147.5M88.3M55.4M24.3M27.9M26.5M
Inventory18.9M9.3M10.8M10.8M12.4M11.8M
Other Current Assets75.0M152.1M123.2M156.0M179.4M188.3M
Total Liab381.0M393.9M384.5M368.4M423.7M295.5M
Property Plant Equipment53.3M54.8M196.2M251.4M289.1M303.6M
Intangible Assets111.0M137.7M126.2M114.8M132.1M138.4M
Other Liab81.0M67.7M47.6M31.4M36.1M28.1M
Good Will1.7B1.5B768.0M214.8M193.3M183.6M
Net Tangible Assets1.3B1.6B1.5B1.1B1.3B1.5B
Deferred Long Term Liab1.1M1.2M2.8M1.7M2.0M1.4M
Total Current Assets1.1B949.4M935.8M857.5M771.8M872.3M
Non Current Assets Total1.7B1.0B661.5M616.5M554.9M527.1M
Non Currrent Assets Other43.4M12.1M52.5K1.4M1.2M1.2M
Non Current Liabilities Total47.6M126.3M102.1M134.0M154.1M86.5M
Other Stockholder Equity710.4K74.7M11.2M(244.6M)(220.2M)(209.2M)
Net Invested Capital2.3B1.6B1.2B1.0B942.8M895.6M
Net Working Capital766.4M681.8M653.4M623.1M560.8M533.0M
Non Current Liabilities Other1.8M2.3M882.8K33.1M38.1M40.0M
Property Plant And Equipment Net196.2M251.4M257.2M258.0M296.7M223.9M
Property Plant And Equipment Gross239.4M304.0M320.2M326.8M375.8M283.3M

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Other Information on Investing in Tangel Stock

Balance Sheet is a snapshot of the financial position of Tangel Publishing at a specified time, usually calculated after every quarter, six months, or one year. Tangel Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tangel Publishing and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tangel currently owns. An asset can also be divided into two categories, current and non-current.