Traeger Capital Lease Obligations vs Total Assets Analysis

COOK Stock  USD 2.95  0.04  1.37%   
Traeger financial indicator trend analysis is much more than just breaking down Traeger prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Traeger is a good investment. Please check the relationship between Traeger Capital Lease Obligations and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.

Capital Lease Obligations vs Total Assets

Capital Lease Obligations vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Traeger Capital Lease Obligations account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Traeger's Capital Lease Obligations and Total Assets is -0.54. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Assets in the same time period over historical financial statements of Traeger, assuming nothing else is changed. The correlation between historical values of Traeger's Capital Lease Obligations 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 Capital Lease Obligations of Traeger 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 Capital Lease Obligations i.e., Traeger's Capital Lease Obligations and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Lease Obligations

Traeger capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Traeger asset purchases. For example, Traeger can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Traeger control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Total Assets

Total assets refers to the total amount of Traeger 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 Traeger 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 Traeger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Traeger 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 Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.At this time, Traeger's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 121.24 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.14.
 2021 2022 2023 2024 (projected)
Interest Expense26.6M27.9M31.3M25.5M
Depreciation And Amortization47.5M56.5M57.8M53.1M

Traeger fundamental ratios Correlations

-0.670.330.330.860.24-0.36-0.05-0.820.410.36-0.090.64-0.3-0.380.08-0.090.490.57-0.81-0.63-0.540.3-0.07-0.03-0.01
-0.670.210.2-0.790.310.770.470.85-0.780.180.66-0.870.440.77-0.20.66-0.1-0.870.810.950.710.410.720.530.64
0.330.210.980.040.90.710.85-0.25-0.660.970.76-0.460.730.71-0.680.760.92-0.50.260.010.590.930.670.860.88
0.330.20.980.020.950.730.88-0.26-0.691.00.77-0.470.760.72-0.70.770.9-0.520.26-0.020.620.930.660.90.88
0.86-0.790.040.02-0.17-0.66-0.44-0.680.70.06-0.520.85-0.41-0.660.0-0.520.340.83-0.78-0.71-0.71-0.06-0.49-0.41-0.33
0.240.310.90.95-0.170.790.94-0.19-0.780.940.87-0.560.710.79-0.530.870.72-0.630.260.10.660.920.760.960.89
-0.360.770.710.73-0.660.790.920.37-0.990.70.93-0.940.831.0-0.540.930.44-0.960.760.570.940.760.860.930.92
-0.050.470.850.88-0.440.940.92-0.02-0.910.850.93-0.770.820.92-0.540.930.63-0.810.510.240.830.840.810.990.89
-0.820.85-0.25-0.26-0.68-0.190.37-0.02-0.39-0.270.18-0.580.140.38-0.040.18-0.44-0.550.730.90.41-0.070.270.040.2
0.41-0.78-0.66-0.690.7-0.78-0.99-0.91-0.39-0.66-0.910.95-0.83-0.990.52-0.91-0.380.97-0.78-0.57-0.95-0.71-0.83-0.92-0.88
0.360.180.971.00.060.940.70.85-0.27-0.660.73-0.420.740.7-0.710.730.9-0.480.23-0.030.590.920.630.880.87
-0.090.660.760.77-0.520.870.930.930.18-0.910.73-0.810.630.91-0.321.00.45-0.860.490.510.750.870.970.940.92
0.64-0.87-0.46-0.470.85-0.56-0.94-0.77-0.580.95-0.42-0.81-0.75-0.940.41-0.81-0.170.99-0.89-0.71-0.94-0.52-0.76-0.76-0.75
-0.30.440.730.76-0.410.710.830.820.14-0.830.740.63-0.750.85-0.870.630.65-0.740.750.160.930.590.470.810.75
-0.380.770.710.72-0.660.791.00.920.38-0.990.70.91-0.940.85-0.570.910.45-0.960.780.560.950.750.830.930.91
0.08-0.2-0.68-0.70.0-0.53-0.54-0.54-0.040.52-0.71-0.320.41-0.87-0.57-0.32-0.760.39-0.560.04-0.67-0.49-0.17-0.56-0.6
-0.090.660.760.77-0.520.870.930.930.18-0.910.731.0-0.810.630.91-0.320.45-0.860.490.510.750.870.970.940.92
0.49-0.10.920.90.340.720.440.63-0.44-0.380.90.45-0.170.650.45-0.760.45-0.190.09-0.290.390.750.350.630.65
0.57-0.87-0.5-0.520.83-0.63-0.96-0.81-0.550.97-0.48-0.860.99-0.74-0.960.39-0.86-0.19-0.84-0.7-0.93-0.58-0.81-0.81-0.79
-0.810.810.260.26-0.780.260.760.510.73-0.780.230.49-0.890.750.78-0.560.490.09-0.840.660.890.240.430.510.54
-0.630.950.01-0.02-0.710.10.570.240.9-0.57-0.030.51-0.710.160.560.040.51-0.29-0.70.660.470.260.630.310.47
-0.540.710.590.62-0.710.660.940.830.41-0.950.590.75-0.940.930.95-0.670.750.39-0.930.890.470.560.630.830.78
0.30.410.930.93-0.060.920.760.84-0.07-0.710.920.87-0.520.590.75-0.490.870.75-0.580.240.260.560.850.890.95
-0.070.720.670.66-0.490.760.860.810.27-0.830.630.97-0.760.470.83-0.170.970.35-0.810.430.630.630.850.840.88
-0.030.530.860.9-0.410.960.930.990.04-0.920.880.94-0.760.810.93-0.560.940.63-0.810.510.310.830.890.840.94
-0.010.640.880.88-0.330.890.920.890.2-0.880.870.92-0.750.750.91-0.60.920.65-0.790.540.470.780.950.880.94
Click cells to compare fundamentals

Traeger Account Relationship Matchups

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When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Apparel, Accessories & Luxury Goods 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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
4.737
Quarterly Revenue Growth
0.037
Return On Assets
(0.01)
Return On Equity
(0.17)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.