TrueBlue Other Non Cash Items vs Sale Purchase Of Stock 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 Other Non Cash Items and its Sale Purchase Of Stock 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.
Other Non Cash Items vs Sale Purchase Of Stock
Other Non Cash Items vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrueBlue Other Non Cash Items account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TrueBlue's Other Non Cash Items and Sale Purchase Of Stock is -0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of TrueBlue, assuming nothing else is changed. The correlation between historical values of TrueBlue's Other Non Cash Items and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of TrueBlue are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Other Non Cash Items i.e., TrueBlue's Other Non Cash Items and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Sale Purchase Of Stock
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 Expense | 5.4M | 1.2M | 1.4M | 1.3M | Depreciation And Amortization | 42.0M | 42.2M | 25.8M | 22.8M |
TrueBlue fundamental ratios Correlations
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TrueBlue Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TrueBlue fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 980.6M | 1.0B | 1.0B | 899.4M | 681.8M | |
Short Long Term Debt Total | 65.9M | 68.7M | 67.0M | 62.6M | 61.3M | 72.7M | |
Other Current Liab | 7.4M | 182.6M | 157.2M | 141.2M | 90.9M | 91.1M | |
Total Current Liabilities | 230.8M | 269.0M | 258.5M | 242.9M | 204.1M | 139.2M | |
Total Stockholder Equity | 626.0M | 437.2M | 493.1M | 496.3M | 457.9M | 345.4M | |
Property Plant And Equipment Net | 107.2M | 71.7M | 88.1M | 95.8M | 154.7M | 162.5M | |
Current Deferred Revenue | 140.6M | 188.7M | 149.7M | 3.8M | 32.5M | 30.9M | |
Net Debt | 28.3M | 6.2M | 17.1M | (9.5M) | (549K) | (576.5K) | |
Retained Earnings | 639.2M | 452.0M | 508.8M | 516.3M | 478.6M | 321.2M | |
Accounts Payable | 68.4M | 58.4M | 77.2M | 76.6M | 56.4M | 53.6M | |
Cash | 37.6M | 62.5M | 49.9M | 72.1M | 61.9M | 72.2M | |
Non Current Assets Total | 714.4M | 601.7M | 588.2M | 589.2M | 544.4M | 369.9M | |
Non Currrent Assets Other | 296.0M | 223.9M | 218.6M | 233.9M | 136.9M | 181.0M | |
Cash And Short Term Investments | 37.6M | 62.5M | 49.9M | 72.1M | 61.9M | 82.4M | |
Net Receivables | 342.3M | 278.3M | 353.9M | 314.3M | 264.2M | 202.8M | |
Common Stock Shares Outstanding | 39.2M | 35.4M | 35.4M | 33.4M | 31.3M | 33.9M | |
Liabilities And Stockholders Equity | 1.1B | 980.6M | 1.0B | 1.0B | 899.4M | 681.8M | |
Non Current Liabilities Total | 279.4M | 274.4M | 281.6M | 280.2M | 237.4M | 197.2M | |
Other Current Assets | 41.8M | 38.0M | 41.3M | 43.9M | 28.9M | 25.3M | |
Other Stockholder Equity | (13.2M) | 452.0M | 493.1M | 496.3M | (1.0) | (0.95) | |
Total Liab | 510.2M | 543.4M | 540.2M | 523.1M | 441.5M | 336.4M | |
Property Plant And Equipment Gross | 107.2M | 71.7M | 309.4M | 180.8M | 138.0M | 144.9M | |
Total Current Assets | 421.7M | 378.9M | 445.1M | 430.2M | 355.0M | 311.8M | |
Accumulated Other Comprehensive Income | (13.2M) | (14.8M) | (15.7M) | (20.0M) | (20.7M) | (19.7M) | |
Short Term Debt | 14.4M | 27.9M | 24.2M | 23.9M | 23.8M | 25.0M | |
Intangible Assets | 73.7M | 28.9M | 22.2M | 67.6M | 10.5M | 10.0M | |
Other Liab | 213.4M | 274.4M | 281.6M | 229.6M | 264.1M | 178.2M | |
Other Assets | 296.0M | 406.2M | 383.3M | 383.4M | 440.9M | 462.9M | |
Long Term Debt | 37.1M | 26.4M | 28.8M | 26.2M | 30.1M | 28.6M | |
Property Plant Equipment | 66.2M | 71.7M | 88.1M | 95.8M | 110.2M | 59.1M | |
Short Term Investments | 235.4M | 230.9M | 240.5M | 213.7M | 193.0M | 183.3M | |
Good Will | 237.5M | 94.9M | 94.5M | 93.8M | 84.1M | 123.5M | |
Net Tangible Assets | 314.8M | 313.4M | 376.3M | 386.3M | 444.3M | 276.6M | |
Retained Earnings Total Equity | 639.2M | 452.0M | 508.8M | 516.3M | 593.8M | 453.7M | |
Deferred Long Term Liab | 26.8M | 26.4M | 28.8M | 26.2M | 30.1M | 15.1M | |
Non Current Liabilities Other | 215.5M | 248.1M | 87.0M | 79.2M | 1.1M | 1.1M |
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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.