TruBridge Change To Netincome vs Capital Expenditures Analysis

TBRG Stock

USD 17.95 0.20 1.13%

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 Change To Netincome and its Capital Expenditures 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.

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TruBridge Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TruBridge's Change To Netincome and Capital Expenditures is -0.44. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of TruBridge, assuming nothing else is changed. The correlation between historical values of TruBridge's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of TruBridge are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., TruBridge's Change To Netincome and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change To Netincome

Capital Expenditures

Capital Expenditures are funds used by TruBridge to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of TruBridge operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

Gross Profit Total Revenue

TruBridge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.92	0.97	0.85	0.94	-0.21	0.94	-0.39	-0.02	0.94	-0.63	0.93	0.85	-0.65	0.75	0.98	0.98	0.42	0.89	-0.14	0.24	0.11	0.62	0.99	0.66	0.7
Other Current Liab	0.92		0.92	0.73	0.87	-0.21	0.91	-0.27	-0.04	0.89	-0.57	0.81	0.85	-0.81	0.79	0.89	0.91	0.44	0.82	-0.29	0.14	-0.06	0.52	0.9	0.72	0.67
Total Current Liabilities	0.97	0.92		0.83	0.89	-0.21	0.94	-0.33	-0.07	0.89	-0.55	0.93	0.81	-0.65	0.77	0.96	0.94	0.51	0.9	-0.01	0.29	0.21	0.71	0.95	0.58	0.74
Total Stockholder Equity	0.85	0.73	0.83		0.66	0.06	0.75	-0.13	0.26	0.66	-0.4	0.96	0.63	-0.44	0.46	0.88	0.74	0.52	0.91	0.05	0.21	0.37	0.76	0.86	0.56	0.75
Net Debt	0.94	0.87	0.89	0.66		-0.44	0.88	-0.61	-0.12	1.0	-0.78	0.79	0.86	-0.63	0.74	0.89	0.99	0.27	0.79	-0.32	0.22	-0.16	0.44	0.94	0.67	0.6
Retained Earnings	-0.21	-0.21	-0.21	0.06	-0.44		-0.26	0.62	-0.08	-0.42	0.61	-0.13	-0.31	-0.04	-0.08	-0.29	-0.36	0.24	-0.15	0.37	0.13	0.57	0.16	-0.25	-0.4	-0.1
Accounts Payable	0.94	0.91	0.94	0.75	0.88	-0.26		-0.25	-0.21	0.89	-0.49	0.86	0.87	-0.67	0.8	0.92	0.93	0.5	0.85	-0.03	0.29	0.16	0.48	0.91	0.63	0.66
Cash	-0.39	-0.27	-0.33	-0.13	-0.61	0.62	-0.25		-0.04	-0.55	0.9	-0.25	-0.25	0.2	-0.27	-0.37	-0.51	0.39	-0.25	0.45	0.18	0.44	-0.11	-0.46	-0.32	-0.04
Other Assets	-0.02	-0.04	-0.07	0.26	-0.12	-0.08	-0.21	-0.04		-0.15	-0.19	0.15	-0.16	0.19	-0.42	0.14	-0.11	-0.34	0.04	-0.32	-0.58	-0.15	0.16	0.05	0.31	-0.02
Long Term Debt	0.94	0.89	0.89	0.66	1.0	-0.42	0.89	-0.55	-0.15		-0.73	0.79	0.88	-0.64	0.76	0.89	0.99	0.32	0.79	-0.32	0.27	-0.15	0.43	0.93	0.66	0.61
Cash And Short Term Investments	-0.63	-0.57	-0.55	-0.4	-0.78	0.61	-0.49	0.9	-0.19	-0.73		-0.49	-0.49	0.43	-0.41	-0.63	-0.72	0.27	-0.48	0.55	0.28	0.45	-0.23	-0.7	-0.64	-0.23
Common Stock Shares Outstanding	0.93	0.81	0.93	0.96	0.79	-0.13	0.86	-0.25	0.15	0.79	-0.49		0.74	-0.46	0.57	0.96	0.86	0.54	0.95	0.04	0.3	0.32	0.76	0.93	0.58	0.79
Non Current Liabilities Total	0.85	0.85	0.81	0.63	0.86	-0.31	0.87	-0.25	-0.16	0.88	-0.49	0.74		-0.59	0.68	0.81	0.88	0.4	0.73	-0.28	0.31	-0.12	0.31	0.83	0.78	0.58
Inventory	-0.65	-0.81	-0.65	-0.44	-0.63	-0.04	-0.67	0.2	0.19	-0.64	0.43	-0.46	-0.59		-0.88	-0.57	-0.65	-0.29	-0.58	0.42	0.06	0.13	-0.25	-0.62	-0.53	-0.31
Other Current Assets	0.75	0.79	0.77	0.46	0.74	-0.08	0.8	-0.27	-0.42	0.76	-0.41	0.57	0.68	-0.88		0.66	0.76	0.44	0.67	-0.15	0.23	0.05	0.32	0.7	0.41	0.38
Other Stockholder Equity	0.98	0.89	0.96	0.88	0.89	-0.29	0.92	-0.37	0.14	0.89	-0.63	0.96	0.81	-0.57	0.66		0.94	0.38	0.9	-0.13	0.14	0.12	0.64	0.98	0.71	0.7
Total Liab	0.98	0.91	0.94	0.74	0.99	-0.36	0.93	-0.51	-0.11	0.99	-0.72	0.86	0.88	-0.65	0.76	0.94		0.36	0.84	-0.24	0.25	-0.05	0.52	0.97	0.67	0.66
Total Current Assets	0.42	0.44	0.51	0.52	0.27	0.24	0.5	0.39	-0.34	0.32	0.27	0.54	0.4	-0.29	0.44	0.38	0.36		0.64	0.37	0.77	0.54	0.57	0.33	-0.03	0.8
Common Stock	0.89	0.82	0.9	0.91	0.79	-0.15	0.85	-0.25	0.04	0.79	-0.48	0.95	0.73	-0.58	0.67	0.9	0.84	0.64		-0.03	0.35	0.26	0.71	0.88	0.55	0.82
Property Plant Equipment	-0.14	-0.29	-0.01	0.05	-0.32	0.37	-0.03	0.45	-0.32	-0.32	0.55	0.04	-0.28	0.42	-0.15	-0.13	-0.24	0.37	-0.03		0.45	0.84	0.32	-0.19	-0.57	0.1
Short Long Term Debt Total	0.24	0.14	0.29	0.21	0.22	0.13	0.29	0.18	-0.58	0.27	0.28	0.3	0.31	0.06	0.23	0.14	0.25	0.77	0.35	0.45		0.44	0.36	0.15	-0.29	0.56
Property Plant And Equipment Net	0.11	-0.06	0.21	0.37	-0.16	0.57	0.16	0.44	-0.15	-0.15	0.45	0.32	-0.12	0.13	0.05	0.12	-0.05	0.54	0.26	0.84	0.44		0.53	0.06	-0.41	0.3
Current Deferred Revenue	0.62	0.52	0.71	0.76	0.44	0.16	0.48	-0.11	0.16	0.43	-0.23	0.76	0.31	-0.25	0.32	0.64	0.52	0.57	0.71	0.32	0.36	0.53		0.6	0.11	0.76
Non Current Assets Total	0.99	0.9	0.95	0.86	0.94	-0.25	0.91	-0.46	0.05	0.93	-0.7	0.93	0.83	-0.62	0.7	0.98	0.97	0.33	0.88	-0.19	0.15	0.06	0.6		0.71	0.65
Non Currrent Assets Other	0.66	0.72	0.58	0.56	0.67	-0.4	0.63	-0.32	0.31	0.66	-0.64	0.58	0.78	-0.53	0.41	0.71	0.67	-0.03	0.55	-0.57	-0.29	-0.41	0.11	0.71		0.31
Net Receivables	0.7	0.67	0.74	0.75	0.6	-0.1	0.66	-0.04	-0.02	0.61	-0.23	0.79	0.58	-0.31	0.38	0.7	0.66	0.8	0.82	0.1	0.56	0.3	0.76	0.65	0.31

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TruBridge Account Relationship Matchups

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:

How To Invest In TruBridge

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Is TruBridge Stock a good investment?

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What is TruBridge's Net Worth?

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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TruBridge Change To Netincome vs Capital Expenditures Analysis

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Netincome

Capital Expenditures

TruBridge fundamental ratios Correlations

TruBridge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TruBridge fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Net Debt
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Long Term Debt
Other Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Other Current Assets	- 0.88	Inventory
Inventory	- 0.81	Other Current Liab
Cash And Short Term Investments	- 0.78	Net Debt
Cash And Short Term Investments	- 0.73	Long Term Debt
Total Liab	- 0.72	Cash And Short Term Investments
Non Current Assets Total	- 0.7	Cash And Short Term Investments