TUT Cash vs Net Invested Capital 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 Cash and its Net Invested Capital 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.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TUT Fitness Group Cash account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TUT Fitness' Cash and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital 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' Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of TUT Fitness Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., TUT Fitness' Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of TUT Fitness Group, which is listed under current asset account on TUT Fitness Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TUT Fitness customers. The amounts must be unrestricted with restricted cash listed in a different TUT Fitness account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
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TUT Fitness Account Relationship Matchups

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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.