Tribhovandas Net Receivables vs Common Stock Analysis

TBZ Stock   178.03  1.49  0.83%   
Tribhovandas Bhimji financial indicator trend analysis is much more than just breaking down Tribhovandas Bhimji prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tribhovandas Bhimji is a good investment. Please check the relationship between Tribhovandas Bhimji Net Receivables and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tribhovandas Bhimji Zaveri. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tribhovandas Bhimji Net Receivables account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tribhovandas Bhimji's Net Receivables and Common Stock is 0.13. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Tribhovandas Bhimji Zaveri, assuming nothing else is changed. The correlation between historical values of Tribhovandas Bhimji's Net Receivables 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 Net Receivables of Tribhovandas Bhimji Zaveri 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 Net Receivables i.e., Tribhovandas Bhimji's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Common Stock

Most indicators from Tribhovandas Bhimji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tribhovandas Bhimji 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 Tribhovandas Bhimji Zaveri. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 1.1 B. The current year's Tax Provision is expected to grow to about 207.2 M
 2022 2023 2024 2025 (projected)
Interest Expense447.7M498.2M573.0M441.3M
Depreciation And Amortization244.8M236.9M272.4M161.2M

Tribhovandas Bhimji fundamental ratios Correlations

0.950.20.940.960.88-0.090.950.860.420.050.90.330.710.080.940.570.61.00.640.890.971.00.880.93-0.62
0.950.110.940.880.78-0.010.990.750.220.140.810.330.690.120.90.450.440.950.490.890.940.950.980.89-0.6
0.20.110.30.080.04-0.20.030.040.110.60.040.180.48-0.430.08-0.20.040.220.10.110.290.230.080.090.22
0.940.940.30.810.72-0.060.930.650.440.190.760.20.670.060.860.410.410.950.60.870.990.950.920.86-0.42
0.960.880.080.810.88-0.050.890.940.32-0.030.90.380.70.130.940.620.640.950.570.860.860.950.80.93-0.72
0.880.780.040.720.88-0.130.820.880.52-0.281.00.390.52-0.010.770.710.810.840.740.660.820.850.660.76-0.69
-0.09-0.01-0.2-0.06-0.05-0.13-0.02-0.17-0.230.11-0.09-0.1-0.16-0.20.0-0.31-0.35-0.06-0.20.05-0.11-0.080.040.0-0.08
0.950.990.030.930.890.82-0.020.780.290.020.850.30.640.170.890.520.480.950.560.870.940.950.960.88-0.62
0.860.750.040.650.940.88-0.170.780.29-0.190.880.440.620.220.810.70.740.830.570.640.730.840.650.79-0.77
0.420.220.110.440.320.52-0.230.290.29-0.480.51-0.24-0.02-0.030.240.480.480.390.810.230.490.40.110.25-0.03
0.050.140.60.19-0.03-0.280.110.02-0.19-0.48-0.260.250.47-0.380.14-0.57-0.340.11-0.490.250.110.090.230.150.14
0.90.810.040.760.91.0-0.090.850.880.51-0.260.370.540.030.80.720.790.860.750.690.840.870.690.79-0.7
0.330.330.180.20.380.39-0.10.30.44-0.240.250.370.27-0.250.38-0.010.480.34-0.140.220.270.320.270.38-0.41
0.710.690.480.670.70.52-0.160.640.62-0.020.470.540.270.090.720.410.350.710.270.650.680.730.670.72-0.46
0.080.12-0.430.060.13-0.01-0.20.170.22-0.03-0.380.03-0.250.090.140.530.090.050.18-0.040.040.090.140.13-0.2
0.940.90.080.860.940.770.00.890.810.240.140.80.380.720.140.520.550.940.460.910.880.940.861.0-0.65
0.570.45-0.20.410.620.71-0.310.520.70.48-0.570.72-0.010.410.530.520.750.510.710.310.490.540.350.51-0.59
0.60.440.040.410.640.81-0.350.480.740.48-0.340.790.480.350.090.550.750.560.570.320.530.570.290.54-0.71
1.00.950.220.950.950.84-0.060.950.830.390.110.860.340.710.050.940.510.560.580.910.971.00.90.94-0.6
0.640.490.10.60.570.74-0.20.560.570.81-0.490.75-0.140.270.180.460.710.570.580.390.660.610.390.45-0.21
0.890.890.110.870.860.660.050.870.640.230.250.690.220.65-0.040.910.310.320.910.390.860.90.880.92-0.48
0.970.940.290.990.860.82-0.110.940.730.490.110.840.270.680.040.880.490.530.970.660.860.970.890.87-0.49
1.00.950.230.950.950.85-0.080.950.840.40.090.870.320.730.090.940.540.571.00.610.90.970.890.94-0.6
0.880.980.080.920.80.660.040.960.650.110.230.690.270.670.140.860.350.290.90.390.880.890.890.85-0.53
0.930.890.090.860.930.760.00.880.790.250.150.790.380.720.131.00.510.540.940.450.920.870.940.85-0.63
-0.62-0.60.22-0.42-0.72-0.69-0.08-0.62-0.77-0.030.14-0.7-0.41-0.46-0.2-0.65-0.59-0.71-0.6-0.21-0.48-0.49-0.6-0.53-0.63
Click cells to compare fundamentals

Tribhovandas Bhimji Account Relationship Matchups

Tribhovandas Bhimji fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.1B14.6B14.8B14.6B16.8B13.4B
Short Long Term Debt Total4.4B5.9B5.8B6.1B7.1B5.7B
Other Current Liab914.9M1.1B1.3B1.2B1.1B920.9M
Total Current Liabilities6.3B8.6B8.4B7.8B8.9B8.2B
Total Stockholder Equity5.2B5.3B5.6B6.0B6.9B4.8B
Property Plant And Equipment Net1.4B1.5B1.6B1.5B1.7B1.2B
Current Deferred Revenue284.8M373.1M137.9M20.8M18.7M17.8M
Net Debt4.3B5.8B5.7B6.0B6.9B5.4B
Retained Earnings2.8B2.8B3.1B3.7B4.2B2.4B
Accounts Payable1.4B2.0B2.0B1.1B1.3B1.5B
Cash56.9M81.7M80.0M119.3M107.4M160.4M
Non Current Assets Total1.5B1.7B1.8B1.7B2.0B1.5B
Non Currrent Assets Other103.6M148.3M109.6M187.4M215.5M139.9M
Cash And Short Term Investments395.5M174.9M480.1M496.7M571.2M392.9M
Net Receivables34.0M16.1M16.0M163.1M187.5M196.9M
Short Term Investments338.6M93.3M400.1M377.4M434.0M455.7M
Liabilities And Stockholders Equity12.1B14.6B14.8B14.6B16.8B13.4B
Non Current Liabilities Total577.5M681.4M763.9M791.5M910.2M955.8M
Inventory9.8B12.0B12.2B12.0B13.8B11.3B
Other Current Assets329.2M352.0M301.9M259.7M298.6M228.0M
Total Liab6.9B9.3B9.1B8.6B9.9B8.6B
Total Current Assets10.6B12.9B13.0B12.9B14.8B12.0B
Accumulated Other Comprehensive Income104.8M116.8M143.3M3.3M3.8M4.0M
Short Term Debt3.9B5.3B5.1B5.5B6.3B5.3B
Intangible Assets15.9M9.6M3.1M2.2M2.0M1.9M
Other Liab82.0M71.9M71.6M73.5M84.5M81.4M
Net Tangible Assets4.8B4.8B5.2B5.3B6.1B5.2B
Other Assets146.3M185.0M60.9M1.00.90.86
Long Term Debt23.0M930K5.7M6.0M5.4M5.1M
Short Long Term Debt3.5B5.1B4.9B5.3B6.1B4.7B
Property Plant Equipment1.7B1.4B1.5B1.6B1.8B1.4B
Long Term Debt Total611.1M505.9M608.0M682M784.3M823.5M
Net Invested Capital8.7B10.4B10.5B11.3B13.0B11.4B
Net Working Capital4.3B4.3B4.6B5.1B5.9B4.5B
Capital Lease Obligations621.7M788.8M887.8M809.2M930.6M878.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Tribhovandas Stock

Balance Sheet is a snapshot of the financial position of Tribhovandas Bhimji at a specified time, usually calculated after every quarter, six months, or one year. Tribhovandas Bhimji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tribhovandas Bhimji and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tribhovandas currently owns. An asset can also be divided into two categories, current and non-current.