Transport Non Current Assets Total vs Property Plant Equipment Analysis

TCI Stock   1,083  13.15  1.20%   
Transport financial indicator trend analysis is much more than just breaking down Transport prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transport is a good investment. Please check the relationship between Transport Non Current Assets Total and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transport of. 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transport Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Transport's Non Current Assets Total and Property Plant Equipment is 0.55. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Transport of, assuming nothing else is changed. The correlation between historical values of Transport's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Transport of are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Transport's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transport 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 Transport of. 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 Discontinued Operations is expected to grow to about 375.5 M, whereas Selling General Administrative is forecasted to decline to about 207.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.2B4.3B5.3B2.7B
Total Revenue32.6B37.8B40.4B21.5B

Transport fundamental ratios Correlations

-0.290.540.120.820.98-0.370.240.530.97-0.040.530.70.56-0.030.770.48-0.010.10.780.680.690.91-0.760.48-0.58
-0.29-0.780.68-0.48-0.150.98-0.1-0.77-0.160.56-0.63-0.04-0.50.47-0.34-0.110.010.87-0.42-0.02-0.62-0.21-0.02-0.020.88
0.54-0.78-0.360.80.4-0.790.150.720.4-0.430.880.490.8-0.360.670.080.27-0.460.810.450.80.47-0.27-0.08-0.92
0.120.68-0.36-0.10.210.610.53-0.320.190.37-0.370.38-0.38-0.2-0.01-0.01-0.030.88-0.010.39-0.450.3-0.130.280.5
0.82-0.480.8-0.10.78-0.510.180.550.77-0.250.820.820.84-0.080.930.40.22-0.070.980.810.920.77-0.70.21-0.82
0.98-0.150.40.210.78-0.220.240.380.990.020.40.750.470.050.770.51-0.070.220.730.740.640.89-0.830.55-0.47
-0.370.98-0.790.61-0.51-0.22-0.14-0.87-0.230.52-0.68-0.1-0.510.5-0.32-0.170.020.82-0.46-0.08-0.62-0.290.03-0.070.88
0.24-0.10.150.530.180.24-0.140.220.23-0.19-0.010.44-0.14-0.730.2-0.10.010.190.210.45-0.10.35-0.050.23-0.18
0.53-0.770.72-0.320.550.38-0.870.220.39-0.310.710.270.51-0.510.260.30.01-0.550.530.260.530.48-0.170.19-0.76
0.97-0.160.40.190.770.99-0.230.230.390.060.390.740.460.070.750.55-0.110.210.710.720.640.88-0.860.58-0.47
-0.040.56-0.430.37-0.250.020.52-0.19-0.310.06-0.4-0.01-0.330.4-0.26-0.060.190.52-0.24-0.01-0.30.06-0.210.30.5
0.53-0.630.88-0.370.820.4-0.68-0.010.710.39-0.40.510.94-0.150.630.210.41-0.360.850.50.810.45-0.29-0.2-0.85
0.7-0.040.490.380.820.75-0.10.440.270.74-0.010.510.54-0.120.790.330.220.380.820.990.590.71-0.770.3-0.46
0.56-0.50.8-0.380.840.47-0.51-0.140.510.46-0.330.940.540.120.720.280.38-0.250.850.510.870.42-0.41-0.19-0.78
-0.030.47-0.36-0.2-0.080.050.5-0.73-0.510.070.4-0.15-0.120.120.030.130.070.27-0.11-0.130.1-0.14-0.31-0.070.32
0.77-0.340.67-0.010.930.77-0.320.20.260.75-0.260.630.790.720.030.320.160.070.910.770.860.74-0.690.24-0.7
0.48-0.110.08-0.010.40.51-0.17-0.10.30.55-0.060.210.330.280.130.32-0.550.050.30.310.410.4-0.550.58-0.23
-0.010.010.27-0.030.22-0.070.020.010.01-0.110.190.410.220.380.070.16-0.550.060.320.240.15-0.020.06-0.58-0.16
0.10.87-0.460.88-0.070.220.820.19-0.550.210.52-0.360.38-0.250.270.070.050.060.010.39-0.330.24-0.30.20.59
0.78-0.420.81-0.010.980.73-0.460.210.530.71-0.240.850.820.85-0.110.910.30.320.010.810.860.76-0.620.12-0.78
0.68-0.020.450.390.810.74-0.080.450.260.72-0.010.50.990.51-0.130.770.310.240.390.810.570.71-0.750.29-0.44
0.69-0.620.8-0.450.920.64-0.62-0.10.530.64-0.30.810.590.870.10.860.410.15-0.330.860.570.59-0.640.15-0.88
0.91-0.210.470.30.770.89-0.290.350.480.880.060.450.710.42-0.140.740.4-0.020.240.760.710.59-0.680.61-0.5
-0.76-0.02-0.27-0.13-0.7-0.830.03-0.05-0.17-0.86-0.21-0.29-0.77-0.41-0.31-0.69-0.550.06-0.3-0.62-0.75-0.64-0.68-0.50.33
0.48-0.02-0.080.280.210.55-0.070.230.190.580.3-0.20.3-0.19-0.070.240.58-0.580.20.120.290.150.61-0.5-0.09
-0.580.88-0.920.5-0.82-0.470.88-0.18-0.76-0.470.5-0.85-0.46-0.780.32-0.7-0.23-0.160.59-0.78-0.44-0.88-0.50.33-0.09
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Transport Account Relationship Matchups

Transport fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.8B17.4B18.3B21.0B25.0B13.7B
Short Long Term Debt Total4.2B3.0B962.3M918.8M1.9B2.4B
Other Current Liab200.5M30.6M1.4B1.6B1.6B1.7B
Total Current Liabilities4.7B4.1B2.9B2.7B2.8B3.4B
Total Stockholder Equity10.2B11.7B14.3B17.0B20.0B21.0B
Property Plant And Equipment Net7.9B8.1B8.1B8.1B9.9B6.2B
Net Debt4.1B2.6B283.4M(780.6M)1.1B2.0B
Accounts Payable638.6M942.5M971.0M759.9M657.2M768.7M
Cash92.7M340.5M678.9M1.7B830.7M447.2M
Non Current Assets Total9.8B10.2B10.1B10.7B12.1B7.4B
Non Currrent Assets Other(1K)367.4M193.7M402.1M32.5M30.9M
Cash And Short Term Investments92.7M340.5M816.9M4.1B4.1B4.3B
Common Stock Shares Outstanding76.8M77.1M77.6M77.7M77.9M82.1M
Short Term Investments107.3M70M138.0M2.4B3.3B3.5B
Liabilities And Stockholders Equity16.8B17.4B18.3B21.0B25.0B13.7B
Non Current Liabilities Total1.8B1.5B833.2M1.0B1.8B1.5B
Inventory65.8M71.2M84.6M50M105.5M110.7M
Other Current Assets6.9B6.9B1.1B7.7B1.5B2.2B
Other Stockholder Equity(9.8B)206.7M273.7M346.2M14.1B14.8B
Total Liab6.5B5.6B3.7B3.7B4.6B5.4B
Total Current Assets7.1B7.2B8.2B10.3B12.9B13.5B
Accumulated Other Comprehensive Income(3.1B)8.4B9.5B11.5B13.7B14.4B
Common Stock153.7M154.2M154.7M155.1M155.5M164.3M
Retained Earnings2.3B3.0B4.4B5.0B5.8B6.1B
Net Receivables6.0B6.4B6.1B7.0B7.2B5.5B
Current Deferred Revenue1.2B1.4B1.3B1.2B203.9M193.7M
Short Term Debt2.7B1.8B469.5M288.0M548.8M521.4M
Intangible Assets4.5M31.1M30.2M28.4M26.3M25.1M
Other Liab409.6M321.3M292.1M340.4M306.4M285.1M
Net Tangible Assets8.9B10.2B11.7B14.3B16.4B9.3B
Other Assets(1K)507.9M238.8M28.3M25.4M24.2M
Long Term Debt1.5B1.1B228M395.6M1.0B815.0M
Short Long Term Debt2.7B1.3B391.3M229.6M482M457.9M
Property Plant Equipment7.9B8.1B8.1B4.3B5.0B7.0B
Long Term Debt Total1.5B11.3M3.3M38.4M34.6M32.8M
Capital Surpluse127.1M206.7M120.2M5.3M6.1M5.8M
Net Invested Capital14.4B14.0B14.9B17.6B21.5B17.0B

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Other Information on Investing in Transport Stock

Balance Sheet is a snapshot of the financial position of Transport at a specified time, usually calculated after every quarter, six months, or one year. Transport Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Transport 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 Transport currently owns. An asset can also be divided into two categories, current and non-current.