TransAct Common Stock Total Equity vs Total Assets Analysis

TACT Stock  USD 4.16  0.25  6.39%   
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 Common Stock Total Equity and its Total Assets 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.

Common Stock Total Equity vs Total Assets

Common Stock Total Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAct Technologies Common Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TransAct Technologies' Common Stock Total Equity and Total Assets is 0.8. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets 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' Common Stock Total Equity and Total 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 Common Stock Total Equity of TransAct Technologies Incorporated are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Total Equity i.e., TransAct Technologies' Common Stock Total Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Assets

Total assets refers to the total amount of TransAct Technologies 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 TransAct Technologies 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.
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.
 2021 2022 2023 2024 (projected)
Gross Profit15.2M24.4M38.4M22.3M
Total Revenue39.4M58.1M72.6M59.6M

TransAct Technologies fundamental ratios Correlations

0.550.180.760.950.48-0.020.530.730.820.40.730.460.010.390.480.10.520.820.370.970.4-0.28-0.630.80.82
0.550.080.40.420.390.110.140.380.680.660.380.03-0.440.710.40.610.190.580.330.440.37-0.49-0.070.510.59
0.180.080.30.12-0.1-0.180.030.320.04-0.150.320.05-0.06-0.180.29-0.160.40.090.720.220.28-0.37-0.260.280.18
0.760.40.30.560.45-0.380.780.470.730.190.470.570.230.140.3-0.10.620.920.450.70.49-0.45-0.290.750.75
0.950.420.120.560.30.170.410.670.660.280.670.43-0.050.270.520.040.370.620.250.970.3-0.12-0.680.70.69
0.480.39-0.10.450.3-0.520.060.540.820.720.54-0.190.30.77-0.030.440.570.690.220.280.33-0.22-0.220.530.63
-0.020.11-0.18-0.380.17-0.52-0.09-0.24-0.29-0.3-0.240.16-0.78-0.110.230.06-0.79-0.34-0.360.1-0.260.080.04-0.26-0.25
0.530.140.030.780.410.06-0.090.190.37-0.130.190.90.11-0.150.06-0.430.310.610.120.550.24-0.14-0.190.280.32
0.730.380.320.470.670.54-0.240.190.690.621.00.02-0.040.50.030.230.680.540.540.660.13-0.45-0.90.670.74
0.820.680.040.730.660.82-0.290.370.690.690.690.130.050.70.240.380.570.910.330.660.44-0.47-0.410.820.9
0.40.66-0.150.190.280.72-0.3-0.130.620.690.62-0.35-0.020.89-0.120.750.430.480.220.230.22-0.33-0.340.470.59
0.730.380.320.470.670.54-0.240.191.00.690.620.02-0.040.50.030.230.680.540.540.660.13-0.45-0.90.670.74
0.460.030.050.570.43-0.190.160.90.020.13-0.350.020.04-0.320.14-0.560.10.38-0.040.550.250.13-0.130.070.08
0.01-0.44-0.060.23-0.050.3-0.780.11-0.040.05-0.02-0.040.04-0.17-0.08-0.280.540.190.02-0.010.190.430.040.10.01
0.390.71-0.180.140.270.77-0.11-0.150.50.70.890.5-0.32-0.170.010.760.270.480.180.220.12-0.23-0.190.340.47
0.480.40.290.30.52-0.030.230.060.030.24-0.120.030.14-0.080.010.10.090.270.430.530.22-0.040.050.440.28
0.10.61-0.16-0.10.040.440.06-0.430.230.380.750.23-0.56-0.280.760.1-0.030.20.12-0.030.17-0.350.040.30.35
0.520.190.40.620.370.57-0.790.310.680.570.430.680.10.540.270.09-0.030.560.680.440.35-0.2-0.480.530.54
0.820.580.090.920.620.69-0.340.610.540.910.480.540.380.190.480.270.20.560.330.70.49-0.42-0.290.810.84
0.370.330.720.450.250.22-0.360.120.540.330.220.54-0.040.020.180.430.120.680.330.350.1-0.46-0.320.480.39
0.970.440.220.70.970.280.10.550.660.660.230.660.55-0.010.220.53-0.030.440.70.350.34-0.17-0.650.710.69
0.40.370.280.490.30.33-0.260.240.130.440.220.130.250.190.120.220.170.350.490.10.34-0.220.050.420.48
-0.28-0.49-0.37-0.45-0.12-0.220.08-0.14-0.45-0.47-0.33-0.450.130.43-0.23-0.04-0.35-0.2-0.42-0.46-0.17-0.220.23-0.62-0.67
-0.63-0.07-0.26-0.29-0.68-0.220.04-0.19-0.9-0.41-0.34-0.9-0.130.04-0.190.050.04-0.48-0.29-0.32-0.650.050.23-0.48-0.52
0.80.510.280.750.70.53-0.260.280.670.820.470.670.070.10.340.440.30.530.810.480.710.42-0.62-0.480.96
0.820.590.180.750.690.63-0.250.320.740.90.590.740.080.010.470.280.350.540.840.390.690.48-0.67-0.520.96
Click cells to compare fundamentals

TransAct Technologies Account Relationship Matchups

TransAct Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.1M42.2M50.9M51.8M54.2M38.0M
Other Current Liab3.0M919K3.1M3.1M7.3M7.7M
Total Current Liabilities7.6M6.7M9.8M15.9M13.6M8.8M
Total Stockholder Equity25.9M30.2M39.0M33.9M39.4M26.3M
Property Plant And Equipment Net5.1M5.6M5.2M5.3M4.0M3.5M
Retained Earnings25.3M19.7M15.6M9.6M14.4M15.4M
Accounts Payable3.0M1.7M4.3M7.4M4.4M4.3M
Cash4.2M10.4M19.5M7.9M12.3M12.9M
Non Current Assets Total11.1M14.1M13.8M15.7M13.2M9.7M
Non Currrent Assets Other44K777K400K248K163.0K243.9K
Cash And Short Term Investments4.2M10.4M19.5M7.9M12.3M12.9M
Net Receivables7.4M3.5M9.1M15.4M9.8M9.4M
Common Stock Shares Outstanding7.7M7.8M9.3M9.9M10.0M7.4M
Liabilities And Stockholders Equity36.1M42.2M50.9M51.8M54.2M38.0M
Non Current Liabilities Total2.5M5.3M2.2M2.0M1.1M2.1M
Inventory12.1M11.3M7.7M12.0M17.8M11.2M
Other Current Assets1.3M3.1M875K724K1.1M994.2K
Other Stockholder Equity494K10.4M23.1M24.2M24.9M26.2M
Total Liab10.1M12.0M12.0M18.0M14.8M8.5M
Property Plant And Equipment Gross5.1M5.6M5.2M5.3M22.7M23.8M
Total Current Assets25.0M28.2M37.1M36.1M41.0M28.3M
Accumulated Other Comprehensive Income(31K)(38K)143K(79K)(49K)(51.5K)
Intangible Assets817K583K397K242K88K83.6K
Net Debt(1.2M)(4.5M)(16.9M)(3.1M)(8.4M)(8.0M)
Other Liab385K277K373K361K324.9K308.7K
Other Assets2.6M8.9M5.5M7.6M1.00.95
Property Plant Equipment2.2M2.0M5.2M2.8M2.5M3.0M
Current Deferred Revenue700K504K805K1.3M1.1M543.2K
Net Tangible Assets22.5M27.0M36.0M31.0M35.6M28.8M
Retained Earnings Total Equity27.5M25.3M19.7M9.6M8.7M8.2M
Capital Surpluse32.1M32.6M42.5M56.3M64.7M36.0M
Non Current Liabilities Other2.5M3.1M187K218K219K208.1K

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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.