TUT Capital Stock vs Net Receivables Analysis

GYM Stock   0.08  0.00  0.00%   
TUT Fitness financial indicator trend analysis is much more than just breaking down TUT Fitness Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TUT Fitness Group is a good investment. Please check the relationship between TUT Fitness Capital Stock and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in TUT Fitness Group. 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.

Capital Stock vs Net Receivables

Capital Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TUT Fitness Group Capital Stock account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TUT Fitness' Capital Stock and Net Receivables is -0.7. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of TUT Fitness Group, assuming nothing else is changed. The correlation between historical values of TUT Fitness' Capital Stock and Net Receivables 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 Stock of TUT Fitness Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Capital Stock i.e., TUT Fitness' Capital Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Receivables

Most indicators from TUT Fitness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TUT Fitness Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in TUT Fitness Group. 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 climb to about 906.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 167.7 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4M1.2M1.1M1.3M
Cost Of Revenue111.9K181.7K208.9K118.1K

TUT Fitness fundamental ratios Correlations

0.32-0.930.95-0.730.9-0.72-1.00.840.83-0.840.850.8-0.66-0.810.530.710.83-0.84-0.60.840.82-0.850.53
0.32-0.040.410.4-0.040.15-0.330.510.48-0.670.60.39-0.17-0.80.30.870.48-0.61-0.220.520.44-0.620.3
-0.93-0.04-0.790.87-0.890.910.92-0.61-0.60.6-0.61-0.580.490.58-0.4-0.5-0.60.60.46-0.61-0.590.61-0.4
0.950.41-0.79-0.610.88-0.47-0.960.960.96-0.930.960.94-0.8-0.860.590.710.96-0.95-0.70.960.95-0.950.59
-0.730.40.87-0.61-0.90.790.73-0.45-0.460.33-0.39-0.50.550.21-0.37-0.07-0.460.370.5-0.44-0.480.38-0.37
0.9-0.04-0.890.88-0.9-0.67-0.910.780.79-0.660.740.81-0.76-0.550.610.40.79-0.7-0.70.780.8-0.730.61
-0.720.150.91-0.470.79-0.670.69-0.23-0.220.26-0.25-0.20.10.29-0.17-0.31-0.220.240.11-0.23-0.210.26-0.17
-1.0-0.330.92-0.960.73-0.910.69-0.86-0.860.85-0.87-0.830.70.82-0.6-0.72-0.860.850.66-0.86-0.850.87-0.6
0.840.51-0.610.96-0.450.78-0.23-0.861.0-0.940.990.99-0.86-0.870.690.721.0-0.96-0.791.01.0-0.990.69
0.830.48-0.60.96-0.460.79-0.22-0.861.0-0.930.980.99-0.87-0.850.70.71.0-0.95-0.81.01.0-0.980.7
-0.84-0.670.6-0.930.33-0.660.260.85-0.94-0.93-0.98-0.880.750.96-0.51-0.83-0.930.990.68-0.95-0.910.97-0.51
0.850.6-0.610.96-0.390.74-0.25-0.870.990.98-0.980.96-0.8-0.930.640.80.98-0.98-0.730.990.97-1.00.64
0.80.39-0.580.94-0.50.81-0.2-0.830.990.99-0.880.96-0.9-0.780.730.610.99-0.92-0.830.991.0-0.950.73
-0.66-0.170.49-0.80.55-0.760.10.7-0.86-0.870.75-0.8-0.90.61-0.66-0.36-0.870.810.95-0.85-0.890.8-0.66
-0.81-0.80.58-0.860.21-0.550.290.82-0.87-0.850.96-0.93-0.780.61-0.54-0.95-0.850.930.6-0.87-0.820.94-0.54
0.530.3-0.40.59-0.370.61-0.17-0.60.690.7-0.510.640.73-0.66-0.540.530.7-0.52-0.810.690.71-0.691.0
0.710.87-0.50.71-0.070.4-0.31-0.720.720.7-0.830.80.61-0.36-0.950.530.7-0.77-0.420.730.66-0.820.53
0.830.48-0.60.96-0.460.79-0.22-0.861.01.0-0.930.980.99-0.87-0.850.70.7-0.95-0.81.01.0-0.980.7
-0.84-0.610.6-0.950.37-0.70.240.85-0.96-0.950.99-0.98-0.920.810.93-0.52-0.77-0.950.72-0.96-0.940.97-0.52
-0.6-0.220.46-0.70.5-0.70.110.66-0.79-0.80.68-0.73-0.830.950.6-0.81-0.42-0.80.72-0.78-0.810.76-0.81
0.840.52-0.610.96-0.440.78-0.23-0.861.01.0-0.950.990.99-0.85-0.870.690.731.0-0.96-0.780.99-0.990.69
0.820.44-0.590.95-0.480.8-0.21-0.851.01.0-0.910.971.0-0.89-0.820.710.661.0-0.94-0.810.99-0.970.71
-0.85-0.620.61-0.950.38-0.730.260.87-0.99-0.980.97-1.0-0.950.80.94-0.69-0.82-0.980.970.76-0.99-0.97-0.69
0.530.3-0.40.59-0.370.61-0.17-0.60.690.7-0.510.640.73-0.66-0.541.00.530.7-0.52-0.810.690.71-0.69
Click cells to compare fundamentals

TUT Fitness Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for TUT Stock Analysis

When running TUT Fitness' price analysis, check to measure TUT Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TUT Fitness is operating at the current time. Most of TUT Fitness' value examination focuses on studying past and present price action to predict the probability of TUT Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TUT Fitness' price. Additionally, you may evaluate how the addition of TUT Fitness to your portfolios can decrease your overall portfolio volatility.