TTG Net Receivables vs Total Stockholder Equity Analysis

FTC Stock   0.01  0.00  0.00%   
TTG Fintech financial indicator trend analysis is much more than just breaking down TTG Fintech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTG Fintech is a good investment. Please check the relationship between TTG Fintech Net Receivables and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TTG Fintech. 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.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTG Fintech Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TTG Fintech's Net Receivables and Total Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of TTG Fintech, assuming nothing else is changed. The correlation between historical values of TTG Fintech's Net Receivables and Total Stockholder Equity 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 TTG Fintech are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., TTG Fintech's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from TTG Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTG Fintech 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 TTG Fintech. 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.
Selling General Administrative is likely to drop to about 2.7 M in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue8.8M7.0M5.9M3.6M
Total Revenue13.6M12.5M9.6M6.5M

TTG Fintech fundamental ratios Correlations

0.21-0.010.940.75-0.9-0.660.230.950.740.95-0.12-0.250.180.34-0.2-0.270.990.64-0.32-0.39-0.270.18-0.330.060.63
0.210.420.13-0.07-0.08-0.20.810.080.00.120.380.120.110.040.21-0.220.240.18-0.25-0.19-0.19-0.16-0.11-0.210.02
-0.010.42-0.3-0.190.38-0.370.66-0.24-0.2-0.260.860.750.69-0.230.850.450.040.18-0.19-0.23-0.210.16-0.12-0.38-0.5
0.940.13-0.30.71-0.99-0.460.080.970.730.98-0.38-0.49-0.080.43-0.52-0.420.910.53-0.31-0.36-0.220.16-0.270.140.82
0.75-0.07-0.190.71-0.71-0.71-0.170.770.840.76-0.45-0.090.390.32-0.17-0.140.670.60.290.12-0.010.29-0.340.520.26
-0.9-0.080.38-0.99-0.710.370.0-0.97-0.68-0.980.480.590.16-0.40.580.43-0.88-0.420.270.330.22-0.080.18-0.19-0.82
-0.66-0.2-0.37-0.46-0.710.37-0.18-0.5-0.78-0.48-0.14-0.48-0.67-0.23-0.33-0.04-0.58-0.9-0.020.010.03-0.430.63-0.250.04
0.230.810.660.08-0.170.0-0.180.04-0.070.040.650.210.24-0.050.360.180.280.15-0.47-0.44-0.310.03-0.18-0.540.06
0.950.08-0.240.970.77-0.97-0.50.040.70.99-0.38-0.470.010.3-0.42-0.290.940.47-0.31-0.36-0.250.11-0.230.130.72
0.740.0-0.20.730.84-0.68-0.78-0.070.70.69-0.37-0.030.250.42-0.27-0.20.620.870.06-0.03-0.050.43-0.670.430.39
0.950.12-0.260.980.76-0.98-0.480.040.990.69-0.38-0.48-0.020.34-0.43-0.410.940.47-0.25-0.31-0.220.05-0.210.160.72
-0.120.380.86-0.38-0.450.48-0.140.65-0.38-0.37-0.380.640.42-0.230.80.31-0.050.05-0.29-0.27-0.15-0.010.01-0.63-0.39
-0.250.120.75-0.49-0.090.59-0.480.21-0.47-0.03-0.480.640.77-0.050.820.43-0.280.360.220.250.220.39-0.270.01-0.73
0.180.110.69-0.080.390.16-0.670.240.010.25-0.020.420.77-0.090.680.390.150.40.230.160.130.44-0.370.06-0.51
0.340.04-0.230.430.32-0.4-0.23-0.050.30.420.34-0.23-0.05-0.09-0.34-0.320.290.420.190.150.230.510.10.580.41
-0.20.210.85-0.52-0.170.58-0.330.36-0.42-0.27-0.430.80.820.68-0.340.4-0.170.080.150.12-0.02-0.07-0.02-0.27-0.78
-0.27-0.220.45-0.42-0.140.43-0.040.18-0.29-0.2-0.410.310.430.39-0.320.4-0.26-0.07-0.1-0.11-0.090.42-0.05-0.23-0.38
0.990.240.040.910.67-0.88-0.580.280.940.620.94-0.05-0.280.150.29-0.17-0.260.53-0.39-0.44-0.30.1-0.22-0.040.63
0.640.180.180.530.6-0.42-0.90.150.470.870.470.050.360.40.420.08-0.070.53-0.07-0.11-0.070.53-0.690.280.19
-0.32-0.25-0.19-0.310.290.27-0.02-0.47-0.310.06-0.25-0.290.220.230.190.15-0.1-0.39-0.070.770.38-0.030.240.69-0.52
-0.39-0.19-0.23-0.360.120.330.01-0.44-0.36-0.03-0.31-0.270.250.160.150.12-0.11-0.44-0.110.770.83-0.080.090.53-0.51
-0.27-0.19-0.21-0.22-0.010.220.03-0.31-0.25-0.05-0.22-0.150.220.130.23-0.02-0.09-0.3-0.070.380.830.1-0.030.27-0.23
0.18-0.160.160.160.29-0.08-0.430.030.110.430.05-0.010.390.440.51-0.070.420.10.53-0.03-0.080.1-0.360.310.11
-0.33-0.11-0.12-0.27-0.340.180.63-0.18-0.23-0.67-0.210.01-0.27-0.370.1-0.02-0.05-0.22-0.690.240.09-0.03-0.360.08-0.08
0.06-0.21-0.380.140.52-0.19-0.25-0.540.130.430.16-0.630.010.060.58-0.27-0.23-0.040.280.690.530.270.310.08-0.09
0.630.02-0.50.820.26-0.820.040.060.720.390.72-0.39-0.73-0.510.41-0.78-0.380.630.19-0.52-0.51-0.230.11-0.08-0.09
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TTG Fintech Account Relationship Matchups

TTG Fintech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4M7.8M10.6M7.0M4.7M8.0M
Other Current Liab2.4M2.1M2.6M12.3M811.7K771.1K
Total Current Liabilities7.3M5.1M8.6M8.5M6.7M5.2M
Total Stockholder Equity(3.1M)(396.5K)55.2K(962.4K)(1.9M)(1.8M)
Property Plant And Equipment Net195.7K598.5K406.8K197.1K662.1K681.2K
Net Debt4.9M4.1M2.5M4.1M3.5M3.7M
Retained Earnings(23.8M)(18.4M)(18.8M)(19.9M)(20.5M)(21.5M)
Accounts Payable715.5K788.0K3.5M5.7M1.2M1.4M
Cash873.2K1.3M1.9M349.5K2.8M4.4M
Non Current Assets Total236.5K611.6K408.4K205.1K665.6K1.3M
Cash And Short Term Investments873.2K1.3M1.9M349.5K598.7K568.8K
Net Receivables5.1M5.7M7.5M6.1M3.3M2.9M
Common Stock Total Equity16.3M18.3M19.9M17.5M20.1M13.8M
Common Stock Shares Outstanding648.4M677.5M677.1M650.8M748.4M658.5M
Liabilities And Stockholders Equity6.4M7.8M10.6M7.0M4.7M8.0M
Total Liab9.8M8.5M10.9M8.5M7.2M6.8M
Property Plant And Equipment Gross194.1K598.8K1.9M907.1K3.2M3.4M
Total Current Assets6.1M7.1M10.2M6.8M4.0M6.7M
Accumulated Other Comprehensive Income908.1K1.1M562.1K546.4K564.9K0.0
Common Stock20.1M17.5M18.3M18.9M18.5M17.5M
Property Plant Equipment849.7K3.0M1.9M907.1K1.0M991.0K
Inventory125.5K155.1K173.2K136.4K384.0K403.2K
Intangible Assets40.8K13.1K1.6K8.0K21.0K41.5K
Net Tangible Assets(13.7M)(1.9M)(449.5K)(4.5M)(4.0M)(4.2M)
Short Long Term Debt Total14.0M18.8M13.2M4.5M19.3M15.3M
Current Deferred Revenue807.9K258.9K375.8K230.5K(152.2K)(144.6K)
Non Current Liabilities Total2.5M3.4M2.3M0.0480.4K456.3K
Short Long Term Debt3.3M1.7M8.6M17.9M15.9M16.7M
Short Term Debt3.3M1.9M2.1M20.7M4.5M4.7M
Long Term Debt10.7M15.3M11.0M0.0880K836K
Long Term Debt Total27.9M19.5M10.7M16.9M11.1M0.0
Cash And Equivalents3.8M6.3M9.0M1.6M1.8M1.8M
Net Invested Capital2.7M4.4M19.2M14.3M7.8M7.9M

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