Triple Short Term Investments vs Cash And Short Term Investments 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 Short Term Investments and its Cash And Short Term Investments 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.

Short Term Investments vs Cash And Short Term Investments

Short Term Investments vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triple Point Social Short Term Investments account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Triple Point's Short Term Investments and Cash And Short Term Investments is 0.13. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash And Short Term Investments 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 Short Term Investments and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Triple Point Social are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Investments i.e., Triple Point's Short Term Investments and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Triple Point balance sheet. It contains any investments Triple Point Social undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Triple Point Social can easily liquidate in the marketplace.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Triple Point Social balance sheet. This account contains Triple Point investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Triple Point Social fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

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