Triple Other Assets vs Net Debt Analysis

SOHO Stock   60.00  0.40  0.66%   
Triple Point financial indicator trend analysis is much more than just breaking down Triple Point Social prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triple Point Social is a good investment. Please check the relationship between Triple Point Other Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Point Social. 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.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triple Point Social Other Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Triple Point's Other Assets and Net Debt is -0.89. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Triple Point Social, assuming nothing else is changed. The correlation between historical values of Triple Point's Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Triple Point Social are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., Triple Point's Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Triple Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triple Point Social 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Point Social. 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 2.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit32.1M33.8M34.6M27.6M
Total Revenue32.1M33.8M39.8M28.8M

Triple Point fundamental ratios Correlations

0.990.770.690.990.040.991.00.170.950.99-0.640.621.00.96-0.95-0.310.940.980.98-0.970.990.980.43-0.970.66
0.990.80.70.97-0.080.971.00.090.980.99-0.680.531.00.91-0.93-0.410.960.960.99-0.941.00.950.33-0.940.68
0.770.80.940.73-0.340.70.79-0.060.810.75-0.590.380.790.66-0.66-0.40.660.70.82-0.710.80.680.16-0.680.86
0.690.70.940.67-0.10.630.690.190.650.63-0.330.570.690.66-0.54-0.090.510.650.71-0.680.690.630.4-0.660.8
0.990.970.730.670.140.990.980.230.910.97-0.590.690.980.98-0.95-0.220.90.990.96-0.990.970.990.52-0.990.64
0.04-0.08-0.34-0.10.140.12-0.020.63-0.22-0.060.390.64-0.030.280.020.79-0.10.15-0.13-0.18-0.080.180.79-0.23-0.32
0.990.970.70.630.990.120.980.210.920.98-0.60.650.980.96-0.95-0.260.931.00.95-0.970.971.00.48-0.980.61
1.01.00.790.690.98-0.020.980.120.970.99-0.670.561.00.93-0.94-0.370.950.970.99-0.961.00.970.37-0.960.67
0.170.09-0.060.190.230.630.210.12-0.070.10.640.790.110.41-0.20.73-0.040.240.1-0.360.090.240.83-0.350.07
0.950.980.810.650.91-0.220.920.97-0.070.98-0.760.370.970.83-0.89-0.570.970.910.98-0.870.980.90.15-0.860.64
0.990.990.750.630.97-0.060.980.990.10.98-0.670.520.990.91-0.95-0.420.970.970.99-0.940.990.960.32-0.930.63
-0.64-0.68-0.59-0.33-0.590.39-0.6-0.670.64-0.76-0.670.11-0.67-0.430.590.76-0.74-0.57-0.670.48-0.68-0.570.270.49-0.43
0.620.530.380.570.690.640.650.560.790.370.520.110.560.8-0.560.550.360.670.52-0.750.530.680.97-0.760.46
1.01.00.790.690.98-0.030.981.00.110.970.99-0.670.560.93-0.95-0.380.950.980.99-0.961.00.970.37-0.950.66
0.960.910.660.660.980.280.960.930.410.830.91-0.430.80.93-0.92-0.040.830.970.91-0.990.910.970.66-1.00.61
-0.95-0.93-0.66-0.54-0.950.02-0.95-0.94-0.2-0.89-0.950.59-0.56-0.95-0.920.34-0.9-0.93-0.940.95-0.93-0.93-0.380.94-0.62
-0.31-0.41-0.4-0.09-0.220.79-0.26-0.370.73-0.57-0.420.760.55-0.38-0.040.34-0.55-0.22-0.420.13-0.41-0.210.720.11-0.18
0.940.960.660.510.9-0.10.930.95-0.040.970.97-0.740.360.950.83-0.9-0.550.920.94-0.860.960.920.17-0.860.47
0.980.960.70.650.990.151.00.970.240.910.97-0.570.670.980.97-0.93-0.220.920.94-0.970.961.00.51-0.980.6
0.980.990.820.710.96-0.130.950.990.10.980.99-0.670.520.990.91-0.94-0.420.940.94-0.940.990.930.31-0.930.72
-0.97-0.94-0.71-0.68-0.99-0.18-0.97-0.96-0.36-0.87-0.940.48-0.75-0.96-0.990.950.13-0.86-0.97-0.94-0.94-0.97-0.591.0-0.66
0.991.00.80.690.97-0.080.971.00.090.980.99-0.680.531.00.91-0.93-0.410.960.960.99-0.940.950.33-0.930.67
0.980.950.680.630.990.181.00.970.240.90.96-0.570.680.970.97-0.93-0.210.921.00.93-0.970.950.52-0.970.58
0.430.330.160.40.520.790.480.370.830.150.320.270.970.370.66-0.380.720.170.510.31-0.590.330.52-0.610.27
-0.97-0.94-0.68-0.66-0.99-0.23-0.98-0.96-0.35-0.86-0.930.49-0.76-0.95-1.00.940.11-0.86-0.98-0.931.0-0.93-0.97-0.61-0.62
0.660.680.860.80.64-0.320.610.670.070.640.63-0.430.460.660.61-0.62-0.180.470.60.72-0.660.670.580.27-0.62
Click cells to compare fundamentals

Triple Point Account Relationship Matchups

Triple Point fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets544.3M630.1M700.0M705.0M713.0M619.7M
Short Long Term Debt Total166.4M196.4M260.2M262.5M262.6M191.0M
Other Current Liab1.2M2.8M2.3M1.9M412K391.4K
Total Current Liabilities1.9M2.9M2.4M2.0M452K429.4K
Total Stockholder Equity369.7M428.7M436.1M439.3M447.6M422.3M
Net Tangible Assets369.7M428.7M436.1M439.3M505.2M410.6M
Property Plant And Equipment Net472.3M572.1M641.3M667.7M675.5M548.7M
Current Deferred Revenue553K633K40K(3K)(2.7K)(2.6K)
Net Debt98.7M142.7M207.7M232.4M233.2M138.7M
Retained Earnings49.3M55.1M68.3M71.5M84.9M56.6M
Accounts Payable589K672K79K48K37K0.0
Cash67.7M53.7M52.5M30.1M29.5M38.0M
Non Current Assets Total472.3M572.1M641.3M667.7M684.0M550.0M
Other Assets8.0M9.0M19.7M8.1M(8.5M)(8.1M)
Cash And Short Term Investments67.7M53.7M52.5M30.1M29.5M44.1M
Net Receivables2.8M3.5M5.0M7.0M7.8M4.4M
Common Stock Shares Outstanding238.2M352.1M360.9M402.8M397.0M370.4M
Liabilities And Stockholders Equity544.3M630.1M700.0M705.0M713.0M619.7M
Non Current Liabilities Total165.0M194.9M258.7M261.1M264.6M190.4M
Inventory70.5M57.2M57.4M37.1M33.4M47.4M
Other Current Assets1.5M608K796K107K252K239.4K
Other Stockholder Equity316.9M369.6M363.8M203.4M233.9M283.2M
Total Liab174.6M201.4M263.9M265.7M265.4M197.4M
Total Current Assets64.0M48.9M39.0M29.2M37.5M36.6M
Property Plant Equipment472.3M572.1M641.3M667.7M767.9M516.3M
Net Invested Capital534.7M623.6M694.8M700.4M708.8M677.2M

Also Currently Popular

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.

Additional Tools for Triple Stock Analysis

When running Triple Point's price analysis, check to measure Triple Point's 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 Triple Point is operating at the current time. Most of Triple Point's value examination focuses on studying past and present price action to predict the probability of Triple Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triple Point's price. Additionally, you may evaluate how the addition of Triple Point to your portfolios can decrease your overall portfolio volatility.