Touchstone Other Current Liab vs Non Current Assets Total Analysis

688013 Stock   19.10  0.14  0.73%   
Touchstone International financial indicator trend analysis is much more than just breaking down Touchstone International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchstone International is a good investment. Please check the relationship between Touchstone International Other Current Liab and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Touchstone International Medical. 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.

Other Current Liab vs Non Current Assets Total

Other Current Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Touchstone International Other Current Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Touchstone International's Other Current Liab and Non Current Assets Total is 0.1. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Touchstone International Medical, assuming nothing else is changed. The correlation between historical values of Touchstone International's Other Current Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Touchstone International Medical are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Liab i.e., Touchstone International's Other Current Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Touchstone International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchstone International 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 Touchstone International Medical. 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.
The current year's Selling General Administrative is expected to grow to about 57 M, whereas Tax Provision is forecasted to decline to about 604.3 K.
 2021 2022 2023 2024 (projected)
Interest Expense73.0K160.0K86.0K81.7K
Depreciation And Amortization7.2M9.0M10.3M7.8M

Touchstone International fundamental ratios Correlations

0.330.761.00.84-0.580.870.160.730.840.440.990.920.690.87-0.541.00.761.00.680.98-0.86-0.860.981.00.9
0.330.010.340.17-0.42-0.01-0.42-0.350.10.590.390.29-0.220.36-0.040.38-0.010.36-0.10.28-0.29-0.290.250.290.03
0.760.010.730.82-0.010.820.630.670.880.280.690.80.840.65-0.050.711.00.710.750.73-0.56-0.560.830.750.91
1.00.340.730.83-0.60.860.130.720.820.440.990.920.670.87-0.561.00.741.00.670.98-0.86-0.860.971.00.89
0.840.170.820.83-0.320.810.170.730.860.310.780.780.560.91-0.330.810.810.810.70.89-0.9-0.90.830.830.81
-0.58-0.42-0.01-0.6-0.32-0.240.56-0.36-0.10.0-0.67-0.30.02-0.390.53-0.64-0.01-0.640.07-0.560.520.53-0.41-0.58-0.21
0.87-0.010.820.860.81-0.240.40.860.880.410.810.920.790.8-0.410.820.820.840.910.85-0.76-0.760.910.90.93
0.16-0.420.630.130.170.560.40.290.43-0.020.090.40.730.020.060.10.640.110.450.120.050.050.360.160.56
0.73-0.350.670.720.73-0.360.860.290.66-0.050.680.670.670.6-0.450.690.680.720.70.74-0.67-0.670.730.770.78
0.840.10.880.820.86-0.10.880.430.660.580.760.850.830.86-0.30.790.890.780.90.85-0.74-0.740.890.830.92
0.440.590.280.440.310.00.41-0.02-0.050.580.40.510.30.57-0.060.420.290.40.580.39-0.35-0.360.440.420.35
0.990.390.690.990.78-0.670.810.090.680.760.40.890.620.83-0.561.00.691.00.580.96-0.84-0.840.950.980.85
0.920.290.80.920.78-0.30.920.40.670.850.510.890.740.83-0.480.890.80.910.790.88-0.78-0.780.970.930.93
0.69-0.220.840.670.560.020.790.730.670.830.30.620.740.5-0.280.640.850.640.780.66-0.42-0.420.790.690.9
0.870.360.650.870.91-0.390.80.020.60.860.570.830.830.5-0.550.850.640.850.730.93-0.96-0.960.850.860.78
-0.54-0.04-0.05-0.56-0.330.53-0.410.06-0.45-0.3-0.06-0.56-0.48-0.28-0.55-0.56-0.07-0.56-0.25-0.620.670.67-0.51-0.55-0.44
1.00.380.711.00.81-0.640.820.10.690.790.421.00.890.640.85-0.560.711.00.610.97-0.85-0.850.960.990.86
0.76-0.011.00.740.81-0.010.820.640.680.890.290.690.80.850.64-0.070.710.710.760.73-0.56-0.560.840.750.91
1.00.360.711.00.81-0.640.840.110.720.780.41.00.910.640.85-0.561.00.710.630.97-0.85-0.850.960.990.87
0.68-0.10.750.670.70.070.910.450.70.90.580.580.790.780.73-0.250.610.760.630.68-0.61-0.60.750.710.82
0.980.280.730.980.89-0.560.850.120.740.850.390.960.880.660.93-0.620.970.730.970.68-0.93-0.930.950.970.88
-0.86-0.29-0.56-0.86-0.90.52-0.760.05-0.67-0.74-0.35-0.84-0.78-0.42-0.960.67-0.85-0.56-0.85-0.61-0.931.0-0.81-0.86-0.74
-0.86-0.29-0.56-0.86-0.90.53-0.760.05-0.67-0.74-0.36-0.84-0.78-0.42-0.960.67-0.85-0.56-0.85-0.6-0.931.0-0.81-0.86-0.73
0.980.250.830.970.83-0.410.910.360.730.890.440.950.970.790.85-0.510.960.840.960.750.95-0.81-0.810.980.96
1.00.290.751.00.83-0.580.90.160.770.830.420.980.930.690.86-0.550.990.750.990.710.97-0.86-0.860.980.9
0.90.030.910.890.81-0.210.930.560.780.920.350.850.930.90.78-0.440.860.910.870.820.88-0.74-0.730.960.9
Click cells to compare fundamentals

Touchstone International Account Relationship Matchups

Touchstone International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.9M485.2M544.8M543.5M626.6M399.2M
Other Current Liab10.1M14.8M22.1M24.3M644.1K611.9K
Total Current Liabilities16.6M17.8M30.8M32.5M51.0M31.2M
Total Stockholder Equity107.2M465.9M512.1M508.4M571.5M365.8M
Property Plant And Equipment Net71.9M71.2M72.3M75.3M85.4M78.2M
Net Debt(18.8M)(126.8M)(75.4M)(32.1M)(28.9M)(30.3M)
Retained Earnings178.0K31.5M52.7M75.0M98.2M103.1M
Accounts Payable6.5M3.1M8.7M7.8M12.9M8.6M
Cash18.8M126.8M75.4M33.1M211.5M222.1M
Non Current Assets Total75.5M75.0M78.8M136.0M151.8M101.7M
Non Currrent Assets Other183.5K553.6K344.6K15.1M871.1K827.6K
Cash And Short Term Investments18.8M379.3M430.9M362.3M416.7M226.0M
Common Stock Shares Outstanding60.0M64.7M81.2M81.5M81.2M76.7M
Liabilities And Stockholders Equity124.9M485.2M544.8M543.5M625.0M350.9M
Non Current Liabilities Total1.1M1.5M1.9M2.6M4.1M2.3M
Inventory27.1M26.2M26.3M33.5M29.2M27.7M
Other Current Assets1.0M995.5K874.7K2.3M1.3M1.8M
Other Stockholder Equity47.0M354.4M379.5M352.3M405.1M219.4M
Total Liab17.7M19.4M32.7M35.0M55.1M33.4M
Total Current Assets49.4M410.3M466.0M407.5M474.8M297.5M
Intangible Assets3.4M3.2M3.0M41.7M40.2M42.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Touchstone Stock

Balance Sheet is a snapshot of the financial position of Touchstone International at a specified time, usually calculated after every quarter, six months, or one year. Touchstone International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Touchstone International 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 Touchstone currently owns. An asset can also be divided into two categories, current and non-current.