Transport Total Stockholder Equity vs Short Term Investments Analysis

TCI Stock   1,061  16.85  1.56%   
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 Total Stockholder Equity and its Short Term Investments 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.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transport Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Transport's Total Stockholder Equity and Short Term Investments is 0.84. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments 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 Total Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Transport of are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Transport's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Transport balance sheet. It contains any investments Transport of undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Transport can easily liquidate in the marketplace.
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
0.82-0.480.8-0.10.78-0.510.180.550.77-0.260.820.820.84-0.080.930.40.22-0.070.980.810.920.77-0.70.21-0.82
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
0.24-0.10.150.530.180.24-0.140.220.24-0.19-0.010.44-0.14-0.730.2-0.10.010.190.210.45-0.10.35-0.050.23-0.18
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
0.97-0.160.40.190.770.99-0.230.240.390.060.390.740.460.070.750.55-0.110.210.710.720.640.88-0.860.58-0.47
-0.040.56-0.430.37-0.260.020.52-0.19-0.310.06-0.4-0.01-0.340.4-0.26-0.060.190.52-0.25-0.01-0.30.05-0.210.30.5
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
0.56-0.50.8-0.380.840.47-0.51-0.140.510.46-0.340.940.540.120.720.280.38-0.250.850.510.870.42-0.41-0.19-0.78
-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
0.78-0.420.81-0.010.980.73-0.460.210.530.71-0.250.850.820.85-0.110.910.30.320.010.810.860.76-0.620.12-0.78
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
0.91-0.210.470.30.770.89-0.290.350.480.880.050.450.710.42-0.140.740.4-0.020.240.760.710.59-0.680.61-0.5
-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)367.4M193.7M402.1M22.4M21.2M
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)507.9M238.8M38.4M34.5M32.8M
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.