| SOHO Stock | | | 60.40 0.10 0.17% |
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 Revenue and its Total Current Assets 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 Revenue vs Total Current Assets
Total Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Triple Point Social Total Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Triple Point's Total Revenue and Total Current Assets is 0.65. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Revenue and Total Current Assets 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 Revenue of Triple Point Social are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Triple Point's Total Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Triple Point Social generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Profit | 32.1M | 33.8M | 34.6M | 27.6M | Total Revenue | 32.1M | 33.8M | 39.8M | 28.8M |
Triple Point fundamental ratios Correlations
Click cells to compare fundamentals
Triple Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triple Point fundamental ratios Accounts
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Additional Tools for Triple Stock Analysis
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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.