Transcontinental Total Current Assets vs Net Tangible Assets Analysis

TCI Stock  USD 28.85  0.42  1.48%   
Transcontinental financial indicator trend analysis is much more than just breaking down Transcontinental Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transcontinental Realty is a good investment. Please check the relationship between Transcontinental Total Current Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transcontinental Realty Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Current Assets vs Net Tangible Assets

Total Current Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transcontinental Realty Total Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Transcontinental's Total Current Assets and Net Tangible Assets is 0.85. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Transcontinental Realty Investors, assuming nothing else is changed. The correlation between historical values of Transcontinental's Total Current Assets and Net Tangible Assets 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 Current Assets of Transcontinental Realty Investors are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., Transcontinental's Total Current Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Transcontinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transcontinental Realty 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 Transcontinental Realty Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, Transcontinental's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Total Revenue40.8M36.7M49.9M92.4M
Interest Expense24.6M19.8M9.3M8.8M

Transcontinental fundamental ratios Correlations

0.110.07-0.020.780.440.650.680.770.630.850.190.080.670.790.22-0.540.380.360.280.760.760.40.46-0.770.38
0.111.00.040.12-0.16-0.67-0.64-0.29-0.68-0.12-0.70.73-0.650.180.87-0.16-0.370.570.910.290.3-0.74-0.56-0.210.79
0.071.00.050.08-0.19-0.7-0.68-0.33-0.72-0.16-0.710.73-0.680.150.87-0.14-0.390.570.90.250.25-0.77-0.58-0.160.78
-0.020.040.050.07-0.23-0.1-0.11-0.41-0.16-0.450.520.34-0.120.080.38-0.10.120.660.3-0.07-0.08-0.35-0.090.03-0.06
0.780.120.080.070.270.460.50.440.460.570.240.360.50.910.35-0.270.220.380.180.970.970.120.1-0.970.15
0.44-0.16-0.19-0.230.270.480.490.610.470.640.14-0.460.390.4-0.340.160.88-0.11-0.090.280.280.470.41-0.35-0.12
0.65-0.67-0.7-0.10.460.481.00.831.00.750.63-0.510.990.41-0.52-0.270.56-0.22-0.490.330.330.880.78-0.42-0.31
0.68-0.64-0.68-0.110.50.491.00.831.00.770.62-0.480.990.46-0.49-0.240.56-0.2-0.470.370.370.860.78-0.46-0.3
0.77-0.29-0.33-0.410.440.610.830.830.820.950.16-0.450.820.42-0.36-0.450.49-0.24-0.190.430.430.80.65-0.50.11
0.63-0.68-0.72-0.160.460.471.01.00.820.750.6-0.510.990.41-0.54-0.220.52-0.28-0.540.340.330.880.79-0.42-0.34
0.85-0.12-0.16-0.450.570.640.750.770.950.750.04-0.30.750.61-0.21-0.350.47-0.13-0.070.60.60.660.6-0.620.17
0.19-0.7-0.710.520.240.140.630.620.160.60.04-0.330.610.15-0.35-0.090.50.13-0.410.0-0.010.460.42-0.11-0.55
0.080.730.730.340.36-0.46-0.51-0.48-0.45-0.51-0.3-0.33-0.440.30.930.02-0.560.60.630.420.43-0.77-0.5-0.350.46
0.67-0.65-0.68-0.120.50.390.990.990.820.990.750.61-0.440.42-0.46-0.30.46-0.22-0.490.370.370.860.76-0.45-0.28
0.790.180.150.080.910.40.410.460.420.410.610.150.30.420.32-0.140.350.420.260.910.910.070.18-0.880.1
0.220.870.870.380.35-0.34-0.52-0.49-0.36-0.54-0.21-0.350.93-0.460.32-0.22-0.410.780.860.420.42-0.76-0.51-0.360.68
-0.54-0.16-0.14-0.1-0.270.16-0.27-0.24-0.45-0.22-0.35-0.090.02-0.3-0.14-0.220.05-0.36-0.4-0.24-0.24-0.23-0.030.27-0.59
0.38-0.37-0.390.120.220.880.560.560.490.520.470.5-0.560.460.35-0.410.050.05-0.150.130.130.510.44-0.22-0.28
0.360.570.570.660.38-0.11-0.22-0.2-0.24-0.28-0.130.130.6-0.220.420.78-0.360.050.820.340.34-0.54-0.32-0.330.47
0.280.910.90.30.18-0.09-0.49-0.47-0.19-0.54-0.07-0.410.63-0.490.260.86-0.4-0.150.820.280.29-0.64-0.47-0.240.81
0.760.290.25-0.070.970.280.330.370.430.340.60.00.420.370.910.42-0.240.130.340.281.00.030.01-0.970.28
0.760.30.25-0.080.970.280.330.370.430.330.6-0.010.430.370.910.42-0.240.130.340.291.00.020.01-0.970.28
0.4-0.74-0.77-0.350.120.470.880.860.80.880.660.46-0.770.860.07-0.76-0.230.51-0.54-0.640.030.020.76-0.1-0.3
0.46-0.56-0.58-0.090.10.410.780.780.650.790.60.42-0.50.760.18-0.51-0.030.44-0.32-0.470.010.010.76-0.05-0.27
-0.77-0.21-0.160.03-0.97-0.35-0.42-0.46-0.5-0.42-0.62-0.11-0.35-0.45-0.88-0.360.27-0.22-0.33-0.24-0.97-0.97-0.1-0.05-0.22
0.380.790.78-0.060.15-0.12-0.31-0.30.11-0.340.17-0.550.46-0.280.10.68-0.59-0.280.470.810.280.28-0.3-0.27-0.22
Click cells to compare fundamentals

Transcontinental Account Relationship Matchups

Transcontinental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets865.9M879.1M788.4M1.2B1.0B897.3M
Total Stockholder Equity332.6M341.8M351.2M819.5M826.0M867.3M
Retained Earnings74.7M81.3M90.7M559.0M564.9M593.2M
Other Assets232.9M842.3M721.7M985.0M(224.3M)(213.1M)
Liabilities And Stockholders Equity865.9M879.1M788.4M1.2B1.0B897.3M
Other Stockholder Equity258.0M257.9M260.4M260.4M261.0M286.4M
Total Liab511.9M517.6M416.8M377.6M196.1M186.3M
Short Long Term Debt Total469.0M474.0M366.2M313.7M179.1M170.2M
Property Plant And Equipment Net379.8M374.8M296.4M493.8M501.6M631.0M
Net Debt417.9M437.2M315.5M200.3M142.4M135.3M
Non Current Assets Total520.1M508.8M433.2M599.6M826.1M777.8M
Non Currrent Assets Other58.5M82.2M84.0M84.9M(592.6M)(563.0M)
Net Receivables262.5M283.3M266.4M276.4M270.0M283.6M
Non Current Liabilities Total478.5M483.3M366.8M314.3M179.7M170.7M
Total Current Assets345.8M370.3M355.2M618.5M441.3M463.3M
Other Current Liab7.2M7.6M6.4M(179.8M)(36.5M)(34.6M)
Total Current Liabilities33.3M34.3M50.0M63.3M581K552.0K
Cash51.2M36.8M50.7M113.4M36.7M24.5M
Cash And Short Term Investments51.2M36.8M66.7M233.2M127.1M133.5M
Other Liab19.5M9.5M9.3M581K522.9K496.8K
Long Term Debt246.5M474.0M176.8M184.5M179.1M170.2M
Accounts Payable26.1M26.7M43.6M58.1M13.7M13.0M
Short Term Debt9.5M9.3M581K184.5M23.3M42.2M
Current Deferred Revenue17.5M9.5M9.3M581K522.9K496.8K
Other Current Assets(337.2M)(370.3M)(355.2M)(618.5M)44.1M46.3M
Net Tangible Assets332.6M341.8M351.2M819.5M942.4M989.5M
Noncontrolling Interest In Consolidated Entity21.5M19.7M20.4M21.1M24.3M16.0M
Retained Earnings Total Equity74.7M81.3M90.7M559.0M642.8M675.0M
Long Term Debt Total246.5M236.1M176.8M184.5M166.0M157.7M
Capital Surpluse258.1M257.9M260.4M260.4M299.4M265.2M

Currently Active Assets on Macroaxis

When determining whether Transcontinental Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Transcontinental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transcontinental Realty Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transcontinental Realty Investors Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transcontinental Realty Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Real Estate Management & Development 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 Transcontinental. If investors know Transcontinental 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 Transcontinental 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
0.38
Revenue Per Share
5.767
Quarterly Revenue Growth
(0.06)
Return On Assets
(0)
The market value of Transcontinental Realty is measured differently than its book value, which is the value of Transcontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Transcontinental's value that differs from its market value or its book value, called intrinsic value, which is Transcontinental'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 Transcontinental's market value can be influenced by many factors that don't directly affect Transcontinental'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 Transcontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transcontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transcontinental'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.