TruBridge Capital Stock vs Common Stock Analysis
TBRG Stock | USD 16.01 0.51 3.09% |
TruBridge financial indicator trend analysis is much more than just breaking down TruBridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TruBridge is a good investment. Please check the relationship between TruBridge Capital Stock and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.
Capital Stock vs Common Stock
Capital Stock vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TruBridge Capital Stock account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between TruBridge's Capital Stock and Common Stock is 0.67. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of TruBridge, assuming nothing else is changed. The correlation between historical values of TruBridge's Capital Stock and Common 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 Capital Stock of TruBridge are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Stock i.e., TruBridge's Capital Stock and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Common Stock
Most indicators from TruBridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TruBridge 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 TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.The TruBridge's current Selling General Administrative is estimated to increase to about 80 M, while Tax Provision is forecasted to increase to (8.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 144.8M | 160.1M | 163.6M | 94.2M | Total Revenue | 280.6M | 326.6M | 339.4M | 198.8M |
TruBridge fundamental ratios Correlations
Click cells to compare fundamentals
TruBridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TruBridge fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 356.0M | 326.3M | 383.4M | 431.0M | 434.4M | 456.1M | |
Other Current Liab | 14.5M | 16.6M | 20.8M | 20.6M | 24.5M | 25.7M | |
Total Current Liabilities | 41.9M | 37.4M | 46.4M | 44.5M | 48.2M | 50.6M | |
Total Stockholder Equity | 184.3M | 200M | 222.6M | 231.7M | 186.6M | 98.7M | |
Net Debt | 108.3M | 70.8M | 95.0M | 140.3M | 199.4M | 209.4M | |
Retained Earnings | 9.7M | 19.6M | 38.1M | 53.9M | 8.1M | 7.7M | |
Accounts Payable | 8.8M | 7.7M | 8.1M | 7.0M | 10.1M | 10.6M | |
Cash | 7.4M | 12.7M | 11.4M | 7.0M | 3.8M | 3.7M | |
Other Assets | 1.0 | 24.1M | 11.1M | 11.4M | (11.7M) | (11.2M) | |
Long Term Debt | 99.4M | 73.4M | 95.0M | 136.4M | 195.3M | 205.0M | |
Cash And Short Term Investments | 7.4M | 12.7M | 11.4M | 7.0M | 3.8M | 3.7M | |
Common Stock Shares Outstanding | 13.8M | 14.0M | 14.3M | 14.4M | 14.2M | 12.9M | |
Liabilities And Stockholders Equity | 356.0M | 326.3M | 383.4M | 431.0M | 434.4M | 456.1M | |
Non Current Liabilities Total | 129.7M | 88.8M | 114.4M | 154.8M | 199.6M | 209.6M | |
Inventory | 1.4M | 1.1M | 855K | 784K | 475K | 451.3K | |
Other Current Assets | 7.2M | 10.2M | 15.8M | 11.0M | 27.5M | 28.9M | |
Other Stockholder Equity | 174.6M | 180.4M | 184.5M | 177.8M | 178.5M | 187.4M | |
Total Liab | 171.7M | 126.3M | 160.8M | 199.3M | 247.8M | 260.2M | |
Total Current Assets | 66.8M | 67.1M | 69.0M | 74.6M | 111.5M | 57.2M | |
Property Plant Equipment | 19.4M | 13.1M | 18.7M | 9.9M | 11.4M | 11.7M | |
Short Long Term Debt Total | 115.7M | 83.4M | 106.5M | 147.2M | 203.3M | 132.4M | |
Property Plant And Equipment Net | 19.4M | 19.7M | 18.7M | 17.5M | 14.2M | 12.8M | |
Current Deferred Revenue | 8.6M | 8.1M | 11.5M | 11.6M | 8.7M | 6.4M | |
Non Current Assets Total | 289.2M | 259.1M | 314.4M | 356.4M | 334.7M | 351.4M | |
Non Currrent Assets Other | 84.9M | (8.5M) | (7.5M) | (11.7M) | (19.4M) | (20.3M) | |
Net Receivables | 50.9M | 43.2M | 40.9M | 55.8M | 63.7M | 35.1M | |
Property Plant And Equipment Gross | 19.4M | 19.7M | 18.7M | 17.5M | 27.9M | 29.3M | |
Short Term Debt | 10.0M | 5.0M | 6.0M | 5.2M | 4.9M | 4.4M | |
Net Tangible Assets | (49.0M) | (25.1M) | (62.0M) | (95.8M) | (86.2M) | (81.9M) | |
Capital Surpluse | 174.6M | 181.6M | 187.1M | 192.3M | 221.1M | 127.0M | |
Deferred Long Term Liab | 1.8M | 10.4M | 3.9M | 12.8M | 14.7M | 15.4M | |
Intangible Assets | 83.1M | 74.9M | 106.8M | 129.3M | 140.1M | 147.1M |
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When determining whether TruBridge is a strong investment it is important to analyze TruBridge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TruBridge's future performance. For an informed investment choice regarding TruBridge Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Health Care Technology 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 TruBridge. If investors know TruBridge 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 TruBridge 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 (0.62) | Earnings Share (4.09) | Revenue Per Share 23.665 | Quarterly Revenue Growth 0.014 | Return On Assets (0.01) |
The market value of TruBridge is measured differently than its book value, which is the value of TruBridge that is recorded on the company's balance sheet. Investors also form their own opinion of TruBridge's value that differs from its market value or its book value, called intrinsic value, which is TruBridge'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 TruBridge's market value can be influenced by many factors that don't directly affect TruBridge'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 TruBridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if TruBridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TruBridge'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.