TrueBlue Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

TBI Stock  USD 7.14  0.11  1.56%   
TrueBlue financial indicator trend analysis is much more than just breaking down TrueBlue prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TrueBlue is a good investment. Please check the relationship between TrueBlue Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueBlue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrueBlue Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TrueBlue's Common Stock Shares Outstanding and Other Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of TrueBlue, assuming nothing else is changed. The correlation between historical values of TrueBlue's Common Stock Shares Outstanding and Other Stockholder Equity 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 Shares Outstanding of TrueBlue are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., TrueBlue's Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from TrueBlue's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TrueBlue 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 TrueBlue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.As of now, TrueBlue's Enterprise Value Over EBITDA is decreasing as compared to previous years. The TrueBlue's current Enterprise Value Multiple is estimated to increase to 39.58, while Selling General Administrative is projected to decrease to under 351.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.4M1.2M1.4M1.3M
Depreciation And Amortization42.0M42.2M25.8M22.8M

TrueBlue fundamental ratios Correlations

0.670.630.920.970.29-0.390.60.96-0.28-0.250.990.72-0.260.98-0.840.460.92-0.050.860.190.980.290.960.13-0.82
0.670.520.460.5-0.05-0.280.910.48-0.19-0.470.650.29-0.470.76-0.420.50.9-0.190.68-0.160.77-0.120.66-0.26-0.39
0.630.520.680.5-0.02-0.120.380.51-0.02-0.040.60.46-0.060.64-0.60.380.66-0.090.540.390.710.190.660.07-0.58
0.920.460.680.880.35-0.40.450.89-0.28-0.230.930.59-0.250.88-0.790.220.770.050.850.470.910.470.860.41-0.76
0.970.50.50.880.35-0.330.441.0-0.26-0.140.960.8-0.150.92-0.860.480.81-0.030.760.120.890.30.930.12-0.84
0.29-0.05-0.020.350.35-0.19-0.080.34-0.140.150.280.060.170.2-0.57-0.320.120.750.290.110.220.580.280.73-0.54
-0.39-0.28-0.12-0.4-0.33-0.19-0.55-0.330.740.65-0.450.00.6-0.420.070.32-0.39-0.2-0.35-0.17-0.41-0.19-0.25-0.280.08
0.60.910.380.450.44-0.08-0.550.42-0.41-0.780.630.1-0.780.71-0.210.240.8-0.160.6-0.110.7-0.080.5-0.18-0.16
0.960.480.510.891.00.34-0.330.42-0.26-0.150.960.78-0.160.91-0.850.450.8-0.030.760.150.880.320.920.14-0.83
-0.28-0.19-0.02-0.28-0.26-0.140.74-0.41-0.260.38-0.31-0.010.34-0.30.050.3-0.26-0.13-0.27-0.13-0.28-0.14-0.21-0.20.06
-0.25-0.47-0.04-0.23-0.140.150.65-0.78-0.150.38-0.350.260.99-0.36-0.210.17-0.360.13-0.240.04-0.330.05-0.050.06-0.27
0.990.650.60.930.960.28-0.450.630.96-0.31-0.350.68-0.360.96-0.790.410.9-0.060.830.170.960.260.910.14-0.76
0.720.290.460.590.80.060.00.10.78-0.010.260.680.260.64-0.760.780.58-0.290.46-0.020.620.050.76-0.18-0.8
-0.26-0.47-0.06-0.25-0.150.170.6-0.78-0.160.340.99-0.360.26-0.37-0.20.16-0.360.14-0.250.01-0.340.05-0.060.06-0.27
0.980.760.640.880.920.2-0.420.710.91-0.3-0.360.960.64-0.37-0.760.460.96-0.10.870.160.980.280.950.06-0.73
-0.84-0.42-0.6-0.79-0.86-0.570.07-0.21-0.850.05-0.21-0.79-0.76-0.2-0.76-0.45-0.7-0.17-0.68-0.18-0.78-0.41-0.88-0.310.99
0.460.50.380.220.48-0.320.320.240.450.30.170.410.780.160.46-0.450.53-0.610.25-0.380.43-0.340.53-0.64-0.48
0.920.90.660.770.810.12-0.390.80.8-0.26-0.360.90.58-0.360.96-0.70.53-0.130.850.060.970.120.91-0.05-0.68
-0.05-0.19-0.090.05-0.030.75-0.2-0.16-0.03-0.130.13-0.06-0.290.14-0.1-0.17-0.61-0.130.050.21-0.070.41-0.040.64-0.15
0.860.680.540.850.760.29-0.350.60.76-0.27-0.240.830.46-0.250.87-0.680.250.850.050.370.90.390.880.3-0.65
0.19-0.160.390.470.120.11-0.17-0.110.15-0.130.040.17-0.020.010.16-0.18-0.380.060.210.370.240.660.20.69-0.16
0.980.770.710.910.890.22-0.410.70.88-0.28-0.330.960.62-0.340.98-0.780.430.97-0.070.90.240.270.940.13-0.75
0.29-0.120.190.470.30.58-0.19-0.080.32-0.140.050.260.050.050.28-0.41-0.340.120.410.390.660.270.340.72-0.38
0.960.660.660.860.930.28-0.250.50.92-0.21-0.050.910.76-0.060.95-0.880.530.91-0.040.880.20.940.340.11-0.87
0.13-0.260.070.410.120.73-0.28-0.180.14-0.20.060.14-0.180.060.06-0.31-0.64-0.050.640.30.690.130.720.11-0.28
-0.82-0.39-0.58-0.76-0.84-0.540.08-0.16-0.830.06-0.27-0.76-0.8-0.27-0.730.99-0.48-0.68-0.15-0.65-0.16-0.75-0.38-0.87-0.28
Click cells to compare fundamentals

TrueBlue Account Relationship Matchups

TrueBlue fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B980.6M1.0B1.0B899.4M681.8M
Short Long Term Debt Total65.9M68.7M67.0M62.6M61.3M72.7M
Other Current Liab7.4M182.6M157.2M141.2M90.9M91.1M
Total Current Liabilities230.8M269.0M258.5M242.9M204.1M139.2M
Total Stockholder Equity626.0M437.2M493.1M496.3M457.9M345.4M
Property Plant And Equipment Net107.2M71.7M88.1M95.8M154.7M162.5M
Current Deferred Revenue140.6M188.7M149.7M3.8M32.5M30.9M
Net Debt28.3M6.2M17.1M(9.5M)(549K)(576.5K)
Retained Earnings639.2M452.0M508.8M516.3M478.6M321.2M
Accounts Payable68.4M58.4M77.2M76.6M56.4M53.6M
Cash37.6M62.5M49.9M72.1M61.9M72.2M
Non Current Assets Total714.4M601.7M588.2M589.2M544.4M369.9M
Non Currrent Assets Other296.0M223.9M218.6M233.9M136.9M181.0M
Cash And Short Term Investments37.6M62.5M49.9M72.1M61.9M82.4M
Net Receivables342.3M278.3M353.9M314.3M264.2M202.8M
Common Stock Shares Outstanding39.2M35.4M35.4M33.4M31.3M33.9M
Liabilities And Stockholders Equity1.1B980.6M1.0B1.0B899.4M681.8M
Non Current Liabilities Total279.4M274.4M281.6M280.2M237.4M197.2M
Other Current Assets41.8M38.0M41.3M43.9M28.9M25.3M
Other Stockholder Equity(13.2M)452.0M493.1M496.3M(1.0)(0.95)
Total Liab510.2M543.4M540.2M523.1M441.5M336.4M
Property Plant And Equipment Gross107.2M71.7M309.4M180.8M138.0M144.9M
Total Current Assets421.7M378.9M445.1M430.2M355.0M311.8M
Accumulated Other Comprehensive Income(13.2M)(14.8M)(15.7M)(20.0M)(20.7M)(19.7M)
Short Term Debt14.4M27.9M24.2M23.9M23.8M25.0M
Intangible Assets73.7M28.9M22.2M67.6M10.5M10.0M
Other Liab213.4M274.4M281.6M229.6M264.1M178.2M
Other Assets296.0M406.2M383.3M383.4M440.9M462.9M
Long Term Debt37.1M26.4M28.8M26.2M30.1M28.6M
Property Plant Equipment66.2M71.7M88.1M95.8M110.2M59.1M
Short Term Investments235.4M230.9M240.5M213.7M193.0M183.3M
Good Will237.5M94.9M94.5M93.8M84.1M123.5M
Net Tangible Assets314.8M313.4M376.3M386.3M444.3M276.6M
Retained Earnings Total Equity639.2M452.0M508.8M516.3M593.8M453.7M
Deferred Long Term Liab26.8M26.4M28.8M26.2M30.1M15.1M
Non Current Liabilities Other215.5M248.1M87.0M79.2M1.1M1.1M

Currently Active Assets on Macroaxis

When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueBlue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueBlue. If investors know TrueBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueBlue listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
(3.83)
Revenue Per Share
54.77
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.