Tritium Net Receivables vs Current Deferred Revenue Analysis
| DCFC Stock | USD 0.20 0.07 25.93% |
Tritium Dcfc financial indicator trend analysis is much more than just breaking down Tritium Dcfc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tritium Dcfc is a good investment. Please check the relationship between Tritium Dcfc Net Receivables and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.
Net Receivables vs Current Deferred Revenue
Net Receivables vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tritium Dcfc Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tritium Dcfc's Net Receivables and Current Deferred Revenue is -0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Tritium Dcfc, assuming nothing else is changed. The correlation between historical values of Tritium Dcfc's Net Receivables and Current Deferred Revenue 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 Receivables of Tritium Dcfc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Tritium Dcfc's Net Receivables and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.11 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Receivables
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Tritium Dcfc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tritium Dcfc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.44, whereas Tax Provision is forecasted to decline to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.2M | 2.4M | 2.8M | 2.3M | Interest Income | 7K | 147K | 169.1K | 177.5K |
Tritium Dcfc fundamental ratios Correlations
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Tritium Dcfc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Tritium Dcfc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tritium Dcfc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tritium Dcfc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tritium Dcfc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Industrial Machinery & Supplies & Components 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 Tritium Dcfc. If investors know Tritium 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 Tritium Dcfc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (156.00) | Revenue Per Share 237.507 | Quarterly Revenue Growth 2.881 | Return On Assets (0.25) |
The market value of Tritium Dcfc is measured differently than its book value, which is the value of Tritium that is recorded on the company's balance sheet. Investors also form their own opinion of Tritium Dcfc's value that differs from its market value or its book value, called intrinsic value, which is Tritium Dcfc'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 Tritium Dcfc's market value can be influenced by many factors that don't directly affect Tritium Dcfc'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 Tritium Dcfc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tritium Dcfc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tritium Dcfc'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.