TACT Stock | | | USD 4.25 0.09 2.16% |
TransAct Technologies financial indicator trend analysis is much more than just breaking down TransAct Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransAct Technologies is a good investment. Please check the relationship between TransAct Technologies Accounts Payable and its Deferred Long Term Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Accounts Payable vs Deferred Long Term Liab
Accounts Payable vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TransAct Technologies Accounts Payable account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TransAct Technologies' Accounts Payable and Deferred Long Term Liab is -0.06. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of TransAct Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of TransAct Technologies' Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of TransAct Technologies Incorporated are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., TransAct Technologies' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents TransAct Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TransAct Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from TransAct Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransAct Technologies 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 TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, TransAct Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 199.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.1
M in 2024.
TransAct Technologies fundamental ratios Correlations
Click cells to compare fundamentals
TransAct Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TransAct Technologies fundamental ratios Accounts
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Additional Tools for TransAct Stock Analysis
When running TransAct Technologies' price analysis, check to
measure TransAct Technologies' 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 TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to
predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.