TUT Total Liab vs Property Plant Equipment 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 Total Liab and its Property Plant Equipment 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.
Total Liab vs Property Plant Equipment
Total Liab vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TUT Fitness Group Total Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between TUT Fitness' Total Liab and Property Plant Equipment is -0.82. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant Equipment 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' Total Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of TUT Fitness Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Liab i.e., TUT Fitness' Total Liab and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Property Plant Equipment
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 Expenses | 1.4M | 1.2M | 1.1M | 1.3M | Cost Of Revenue | 111.9K | 181.7K | 208.9K | 118.1K |
TUT Fitness fundamental ratios Correlations
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TUT Fitness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.