Topbuild Net Tangible Assets vs Total Assets Analysis
BLD Stock | USD 373.05 11.80 3.27% |
Topbuild Corp financial indicator trend analysis is much more than just breaking down Topbuild Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Topbuild Corp is a good investment. Please check the relationship between Topbuild Corp Net Tangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.
Net Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Topbuild Corp Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Topbuild Corp's Net Tangible Assets and Total Assets is -0.87. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Topbuild Corp, assuming nothing else is changed. The correlation between historical values of Topbuild Corp's Net Tangible Assets and Total 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 Net Tangible Assets of Topbuild Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Topbuild Corp's Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.Total Assets
Total assets refers to the total amount of Topbuild Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Topbuild Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Topbuild Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Topbuild Corp 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 Topbuild Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.At present, Topbuild Corp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.30, whereas Selling General Administrative is forecasted to decline to about 435.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 29.1M | 56.7M | 74.6M | 78.3M | Depreciation And Amortization | 79.4M | 132.9M | 152.8M | 160.5M |
Topbuild Corp fundamental ratios Correlations
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Topbuild Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Topbuild Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.8B | 4.3B | 4.6B | 5.2B | 2.9B | |
Common Stock Shares Outstanding | 34.4M | 33.3M | 33.1M | 31.6M | 31.8M | 28.4M | |
Other Current Liab | 82.3M | (249.8M) | (322.2M) | (326.1M) | (231.7M) | (220.1M) | |
Total Current Liabilities | 476.8M | 496.5M | 733.4M | 789.6M | 771.5M | 527.4M | |
Total Stockholder Equity | 1.2B | 1.3B | 1.6B | 1.9B | 2.6B | 1.5B | |
Other Liab | 222.4M | 232.9M | 301.1M | 313.6M | 360.7M | 220.1M | |
Property Plant And Equipment Net | 265.2M | 263.5M | 421.8M | 459.4M | 469.1M | 253.9M | |
Net Debt | 637.5M | 464.0M | 1.5B | 1.4B | 721.9M | 575.1M | |
Accounts Payable | 308.0M | 331.7M | 461.9M | 487.1M | 469.6M | 354.3M | |
Cash | 184.8M | 330.0M | 139.8M | 240.1M | 848.6M | 891.0M | |
Non Current Assets Total | 1.8B | 1.9B | 3.1B | 3.1B | 3.1B | 2.1B | |
Non Currrent Assets Other | 5.6M | 11.3M | 13.2M | 16.5M | 10.9M | 7.4M | |
Other Assets | 9.9M | 97.5M | 9.7M | 16.5M | 18.9M | 24.3M | |
Cash And Short Term Investments | 184.8M | 330.0M | 139.8M | 240.1M | 848.6M | 891.0M | |
Net Receivables | 428.8M | 427.3M | 668.4M | 836.1M | 799.0M | 478.8M | |
Good Will | 1.4B | 1.4B | 1.9B | 2.0B | 2.0B | 1.5B | |
Liabilities And Stockholders Equity | 2.6B | 2.8B | 4.3B | 4.6B | 5.2B | 3.0B | |
Non Current Liabilities Total | 974.3M | 970.0M | 1.9B | 1.9B | 1.8B | 1.0B | |
Inventory | 149.1M | 161.4M | 352.8M | 438.6M | 364.7M | 220.7M | |
Other Current Assets | 17.1M | 17.7M | 26.7M | 34.3M | 36.9M | 22.2M | |
Other Stockholder Equity | 519.6M | 471.7M | 442.0M | 194.6M | 207.0M | 196.7M | |
Total Liab | 1.5B | 1.5B | 2.6B | 2.7B | 2.6B | 1.5B | |
Property Plant And Equipment Gross | 265.2M | 263.5M | 421.8M | 459.4M | 469.1M | 253.9M | |
Total Current Assets | 779.8M | 936.4M | 1.2B | 1.5B | 2.0B | 2.2B | |
Accumulated Other Comprehensive Income | (243.0M) | (267.6M) | (6.6M) | (21.9M) | (14.7M) | (15.4M) | |
Intangible Assets | 181.1M | 190.6M | 684.2M | 615.0M | 591.1M | 620.6M | |
Property Plant Equipment | 265.2M | 180.1M | 421.8M | 459.4M | 528.3M | 554.7M | |
Net Tangible Assets | (396.2M) | (252.5M) | (997.5M) | (652.3M) | (587.0M) | (557.7M) | |
Retained Earnings | 632.9M | 876.7M | 1.2B | 1.8B | 2.4B | 2.5B | |
Long Term Debt | 698.0M | 683.4M | 1.5B | 1.4B | 1.4B | 779.7M | |
Deferred Long Term Liab | 175.3M | 168.6M | 248.2M | 251.5M | 289.2M | 209.0M | |
Short Long Term Debt | 34.3M | 23.3M | 38.6M | 40.1M | 47.0M | 30.0M | |
Short Term Debt | 70.4M | 56.8M | 95.6M | 103.2M | 114.7M | 58.3M | |
Common Stock | 388K | 389K | 391K | 393K | 394K | 374.3K | |
Short Long Term Debt Total | 822.3M | 794.0M | 1.7B | 1.7B | 1.6B | 966.1M | |
Common Stock Total Equity | 388K | 389K | 391K | 393K | 452.0K | 425.7K | |
Retained Earnings Total Equity | 632.9M | 876.7M | 1.2B | 1.8B | 2.0B | 2.1B | |
Long Term Debt Total | 698.0M | 683.4M | 1.5B | 1.4B | 1.6B | 1.7B | |
Capital Surpluse | 849.7M | 858.4M | 873.0M | 887.4M | 1.0B | 939.1M | |
Treasury Stock | (216.6M) | (330.0M) | (386.7M) | (431.0M) | (387.9M) | (368.5M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Topbuild Corp is a strong investment it is important to analyze Topbuild Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Topbuild Corp's future performance. For an informed investment choice regarding Topbuild Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Topbuild Corp. If investors know Topbuild will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Topbuild Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Earnings Share 19.8 | Revenue Per Share 170.633 | Quarterly Revenue Growth 0.036 | Return On Assets 0.1175 |
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.