Thunderbird Other Liab vs Property Plant And Equipment Net Analysis

TBRD Stock  CAD 1.78  0.04  2.30%   
Thunderbird Entertainment financial indicator trend analysis is much more than just breaking down Thunderbird Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunderbird Entertainment is a good investment. Please check the relationship between Thunderbird Entertainment Other Liab 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 Thunderbird Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Liab vs Property Plant And Equipment Net

Other Liab 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 Thunderbird Entertainment Other Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thunderbird Entertainment's Other Liab and Property Plant And Equipment Net is 0.74. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Thunderbird Entertainment Group, assuming nothing else is changed. The correlation between historical values of Thunderbird Entertainment's Other Liab 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 Other Liab of Thunderbird Entertainment Group 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 Other Liab i.e., Thunderbird Entertainment's Other Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

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 Thunderbird Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunderbird Entertainment 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 Thunderbird Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Thunderbird Entertainment's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 44.4 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (66.28) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses141.6M171.1M196.7M206.5M
Gross Profit39.3M36.9M37.5M31.3M

Thunderbird Entertainment fundamental ratios Correlations

-0.240.990.990.920.97-0.540.850.970.990.960.80.980.941.01.00.970.860.910.930.610.24-0.420.670.970.23
-0.24-0.24-0.23-0.05-0.280.08-0.23-0.19-0.24-0.2-0.16-0.23-0.22-0.24-0.24-0.23-0.34-0.23-0.23-0.010.110.19-0.25-0.24-0.23
0.99-0.240.960.890.95-0.550.840.960.970.940.850.950.91.00.990.940.850.870.870.610.28-0.410.580.950.26
0.99-0.230.960.910.98-0.560.850.980.980.970.720.990.940.970.980.990.860.920.950.580.21-0.420.710.980.21
0.92-0.050.890.910.89-0.430.720.890.950.870.750.930.980.920.90.880.780.910.940.610.21-0.40.740.90.08
0.97-0.280.950.980.89-0.610.840.930.980.930.690.980.920.960.950.980.860.920.910.580.23-0.410.720.950.25
-0.540.08-0.55-0.56-0.43-0.61-0.26-0.41-0.58-0.39-0.52-0.62-0.43-0.53-0.51-0.61-0.52-0.28-0.46-0.33-0.220.18-0.35-0.530.22
0.85-0.230.840.850.720.84-0.260.890.790.920.490.80.740.840.880.850.70.910.720.550.26-0.310.460.820.44
0.97-0.190.960.980.890.93-0.410.890.951.00.720.950.910.960.980.960.820.930.920.60.25-0.40.620.960.26
0.99-0.240.970.980.950.98-0.580.790.950.930.790.990.970.980.970.970.870.910.960.590.21-0.430.740.970.19
0.96-0.20.940.970.870.93-0.390.921.00.930.650.940.890.940.970.960.810.940.910.590.25-0.390.620.950.29
0.8-0.160.850.720.750.69-0.520.490.720.790.650.740.740.840.80.670.690.570.680.490.23-0.350.410.760.07
0.98-0.230.950.990.930.98-0.620.80.950.990.940.740.950.970.970.990.860.90.960.580.21-0.420.740.970.16
0.94-0.220.90.940.980.92-0.430.740.910.970.890.740.950.930.910.910.820.930.980.580.17-0.40.820.930.17
1.0-0.241.00.970.920.96-0.530.840.960.980.940.840.970.930.990.950.860.90.910.620.26-0.410.640.960.25
1.0-0.240.990.980.90.95-0.510.880.980.970.970.80.970.910.990.960.850.910.90.610.26-0.410.610.970.26
0.97-0.230.940.990.880.98-0.610.850.960.970.960.670.990.910.950.960.850.90.930.570.22-0.410.70.960.19
0.86-0.340.850.860.780.86-0.520.70.820.870.810.690.860.820.860.850.850.780.820.480.13-0.450.670.890.29
0.91-0.230.870.920.910.92-0.280.910.930.910.940.570.90.930.90.910.90.780.90.60.22-0.350.720.890.34
0.93-0.230.870.950.940.91-0.460.720.920.960.910.680.960.980.910.90.930.820.90.530.12-0.410.830.930.13
0.61-0.010.610.580.610.58-0.330.550.60.590.590.490.580.580.620.610.570.480.60.530.890.350.360.640.25
0.240.110.280.210.210.23-0.220.260.250.210.250.230.210.170.260.260.220.130.220.120.890.64-0.020.280.17
-0.420.19-0.41-0.42-0.4-0.410.18-0.31-0.4-0.43-0.39-0.35-0.42-0.4-0.41-0.41-0.41-0.45-0.35-0.410.350.64-0.2-0.410.16
0.67-0.250.580.710.740.72-0.350.460.620.740.620.410.740.820.640.610.70.670.720.830.36-0.02-0.20.680.32
0.97-0.240.950.980.90.95-0.530.820.960.970.950.760.970.930.960.970.960.890.890.930.640.28-0.410.680.24
0.23-0.230.260.210.080.250.220.440.260.190.290.070.160.170.250.260.190.290.340.130.250.170.160.320.24
Click cells to compare fundamentals

Thunderbird Entertainment Account Relationship Matchups

Thunderbird Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.2M160.1M223.7M215.9M172.6M181.2M
Other Current Liab2.8M2.2M1.9M1.4M367K348.7K
Total Current Liabilities73.4M69.4M127.1M125.2M82.7M86.8M
Total Stockholder Equity53.7M63.9M69.8M66.7M69.3M72.8M
Property Plant And Equipment Net31.1M26.0M29.7M26.6M20.7M21.7M
Net Debt56.5M35.4M55.1M49.1M56.5M59.3M
Retained Earnings(14.0M)(8.3M)(4.7M)(9.7M)(7.7M)(8.1M)
Accounts Payable7.7M8.4M27.4M37.8M38.7M40.6M
Cash12.8M22.4M30.2M25.4M25.2M26.5M
Non Current Assets Total81.4M73.3M89.4M82.3M70.3M73.8M
Cash And Short Term Investments12.8M22.4M30.2M25.4M29.2M30.6M
Net Receivables56.2M60.6M98.2M107.7M7.5M7.1M
Common Stock Shares Outstanding50.1M50.9M52.3M49.6M49.8M52.3M
Liabilities And Stockholders Equity155.2M160.1M223.7M215.9M248.2M260.6M
Non Current Liabilities Total28.2M26.8M26.8M24.0M20.6M21.6M
Total Liab101.5M96.2M153.9M149.2M103.3M108.5M
Total Current Assets73.8M86.8M134.3M133.5M102.3M107.4M
Common Stock62.6M67.5M69.4M71.1M81.8M85.9M
Other Stockholder Equity4.7M4.4M4.9M5.0M5.8M3.3M
Other Current Assets4.8M3.8M5.9M5.5M6.4M6.7M
Accumulated Other Comprehensive Income259K177K194K149K171.4K204.2K
Non Currrent Assets Other3.1M4.2M3.1M2.5M2.9M3.1M
Short Long Term Debt Total69.3M57.9M85.3M74.5M85.7M53.7M
Short Term Debt47.8M37.6M63.9M55.7M64.1M40.5M
Other Liab6.7M6.5M5.5M5.2M6.0M5.8M
Net Tangible Assets39.9M50.5M56.7M53.8M61.9M38.0M
Other Assets36.7M34.0M46.6M42.9M49.3M41.1M
Intangible Assets1.2M946K676K406K136K129.2K
Property Plant Equipment31.1M26.0M29.7M26.6M30.6M19.9M
Net Invested Capital95.9M96.7M127.1M117.0M89.1M98.4M
Net Working Capital416K17.5M7.3M8.3M19.6M20.5M
Current Deferred Revenue15.0M21.2M33.8M30.4M34.9M25.5M
Capital Lease Obligations26.9M25.0M28.0M24.1M20.0M23.5M
Deferred Long Term Liab51K246K39K108K97.2K93.1K
Long Term Investments25.3M21.9M36.0M31.4M26.5M30.5M
Short Long Term Debt42.4M32.8M57.3M50.4M19.8M33.7M
Capital Stock62.8M67.6M69.4M71.2M71.3M74.2M

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 Thunderbird Stock Analysis

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