Tat Net Receivables vs Property Plant And Equipment Net Analysis

TATT Stock  USD 22.23  0.50  2.30%   
Tat Techno financial indicator trend analysis is much more than just breaking down Tat Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tat Techno is a good investment. Please check the relationship between Tat Techno Net Receivables and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tat Techno Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Tat Techno's Net Receivables and Property Plant And Equipment Net is 0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Tat Techno, assuming nothing else is changed. The correlation between historical values of Tat Techno's Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Tat Techno are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Tat Techno's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Tat Techno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tat Techno 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 Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.At this time, Tat Techno's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit11.3M15.9M22.5M11.9M
Total Revenue78.0M84.6M113.8M119.5M

Tat Techno fundamental ratios Correlations

0.950.180.280.390.980.35-0.230.730.710.430.620.630.770.990.270.720.310.990.350.10.960.210.990.170.73
0.950.350.390.520.930.48-0.020.60.610.560.590.490.730.970.440.750.420.980.50.260.940.340.960.330.78
0.180.350.510.90.060.930.84-0.38-0.170.94-0.04-0.32-0.050.270.950.710.850.240.950.90.080.890.280.820.36
0.280.390.510.680.180.530.48-0.120.040.590.210.030.270.330.660.470.490.310.690.520.290.350.340.510.33
0.390.520.90.680.290.940.66-0.140.070.960.21-0.070.170.480.880.860.840.450.980.920.320.870.490.830.52
0.980.930.060.180.290.22-0.360.840.760.310.710.70.830.970.130.640.20.970.240.030.990.150.970.130.67
0.350.480.930.530.940.220.75-0.24-0.10.98-0.04-0.280.060.420.90.850.860.40.950.860.220.830.440.70.62
-0.23-0.020.840.480.66-0.360.75-0.75-0.630.7-0.39-0.69-0.39-0.150.820.330.73-0.150.740.72-0.330.61-0.140.570.12
0.730.6-0.38-0.12-0.140.84-0.24-0.750.8-0.150.720.820.830.69-0.320.26-0.240.68-0.21-0.320.81-0.180.69-0.120.31
0.710.61-0.170.040.070.76-0.1-0.630.80.010.660.90.650.69-0.120.33-0.210.670.0-0.130.78-0.010.680.10.34
0.430.560.940.590.960.310.980.7-0.150.010.09-0.160.180.50.920.880.860.480.980.870.310.860.520.780.6
0.620.59-0.040.210.210.71-0.04-0.390.720.660.090.750.770.66-0.030.370.160.640.120.120.760.240.650.310.08
0.630.49-0.320.03-0.070.7-0.28-0.690.820.9-0.160.750.590.6-0.260.18-0.220.58-0.14-0.250.74-0.150.6-0.030.12
0.770.73-0.050.270.170.830.06-0.390.830.650.180.770.590.760.070.470.080.750.14-0.020.840.080.760.210.38
0.990.970.270.330.480.970.42-0.150.690.690.50.660.60.760.340.770.41.00.440.220.970.321.00.270.73
0.270.440.950.660.880.130.90.82-0.32-0.120.92-0.03-0.260.070.340.710.810.320.950.790.180.750.350.760.44
0.720.750.710.470.860.640.850.330.260.330.880.370.180.470.770.710.760.740.830.710.620.730.790.610.73
0.310.420.850.490.840.20.860.73-0.24-0.210.860.16-0.220.080.40.810.760.370.860.820.210.80.410.630.38
0.990.980.240.310.450.970.4-0.150.680.670.480.640.580.751.00.320.740.370.410.180.960.280.990.230.75
0.350.50.950.690.980.240.950.74-0.210.00.980.12-0.140.140.440.950.830.860.410.90.280.850.450.830.5
0.10.260.90.520.920.030.860.72-0.32-0.130.870.12-0.25-0.020.220.790.710.820.180.90.060.920.230.850.28
0.960.940.080.290.320.990.22-0.330.810.780.310.760.740.840.970.180.620.210.960.280.060.150.960.180.63
0.210.340.890.350.870.150.830.61-0.18-0.010.860.24-0.150.080.320.750.730.80.280.850.920.150.320.890.25
0.990.960.280.340.490.970.44-0.140.690.680.520.650.60.761.00.350.790.410.990.450.230.960.320.280.73
0.170.330.820.510.830.130.70.57-0.120.10.780.31-0.030.210.270.760.610.630.230.830.850.180.890.280.11
0.730.780.360.330.520.670.620.120.310.340.60.080.120.380.730.440.730.380.750.50.280.630.250.730.11
Click cells to compare fundamentals

Tat Techno Account Relationship Matchups

Tat Techno fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.9M8.9M8.9M8.9M9.1M6.4M
Total Assets114.7M116.1M110.8M126.7M147.2M75.0M
Other Current Liab6.9M5.6M5.9M7.1M8.7M9.1M
Total Current Liabilities20.7M25.2M24.6M29.0M39.3M41.3M
Total Stockholder Equity85.4M80.3M76.8M75.6M90.7M53.9M
Property Plant And Equipment Net27.7M32.5M33.6M45.9M45.3M47.6M
Net Debt(8.9M)(8.8M)3.0M22.1M13.3M14.0M
Retained Earnings19.1M13.7M10.2M8.6M13.3M7.5M
Cash16.0M24.1M12.9M7.7M16.6M12.9M
Non Current Assets Total31.0M36.7M38.9M51.5M52.9M55.5M
Non Currrent Assets Other1.4M1.4M1.5M1.1M3.3M2.1M
Cash And Short Term Investments16.0M24.1M12.9M7.7M16.6M14.7M
Net Receivables21.2M11.4M13.9M15.6M20.0M13.7M
Liabilities And Stockholders Equity114.7M116.1M110.8M126.7M147.2M75.0M
Non Current Liabilities Total8.6M10.7M9.5M22.1M17.2M18.1M
Inventory43.9M41.2M41.0M45.8M51.3M53.8M
Other Current Assets2.6M2.7M4.2M6.0M6.4M6.7M
Other Stockholder Equity63.5M63.6M63.8M64.2M74.2M44.7M
Total Liab29.3M35.8M34.0M51.1M56.5M59.4M
Property Plant And Equipment Gross27.7M32.5M33.6M45.9M104.7M110.0M
Total Current Assets83.6M79.4M72.0M75.2M94.3M54.9M
Accumulated Other Comprehensive Income26K128K33K(26K)27K28.4K
Short Term Debt1.3M6.1M7.9M8.9M15.4M16.1M
Current Deferred Revenue513K1.3M1.7M2.8M5.2M5.5M
Accounts Payable12.0M12.2M9.1M10.2M10.0M5.6M
Intangible Assets777K1.5M1.8M1.6M1.8M1.4M
Other Liab2.9M1.4M1.5M1.1M1.0M981.5K
Other Assets1.6M1.9M2.8M2.3M2.1M2.9M
Property Plant Equipment27.7M32.5M33.6M45.9M52.8M55.4M
Net Tangible Assets83.4M84.6M78.8M75.0M67.5M67.4M
Long Term Investments956K771K695K1.7M2.2M2.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Tat Stock Analysis

When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.