Triple Total Assets vs 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 Total Assets and its 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.

Total Assets vs Short Term Investments

Total Assets vs 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 Total Assets account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Triple Point's Total Assets and Short Term Investments is -0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of 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 Total Assets 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 Total Assets of Triple Point Social are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Triple Point's Total Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Triple Point assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Triple Point Social books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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.