| TCS Stock | | | USD 3.97 0.09 2.32% |
Container Store financial indicator trend analysis is way more than just evaluating Container Store Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Container Store Group is a good investment. Please check the relationship between Container Store Cash And Short Term Investments and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Container Store Group. 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.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Container Store Group Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Container Store's Cash And Short Term Investments and Net Receivables is -0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Container Store Group, assuming nothing else is changed. The correlation between historical values of Container Store's Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Container Store Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Container Store's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Container Store Group balance sheet. This account contains Container Store investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Container Store Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Receivables
Most indicators from Container Store's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Container Store Group 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 Container Store Group. 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.
At this time, Container Store's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 7.73 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.48 in 2024.
Container Store fundamental ratios Correlations
Click cells to compare fundamentals
Container Store Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Container Store fundamental ratios Accounts
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Additional Tools for Container Stock Analysis
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measure Container Store's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Container Store is operating at the current time. Most of Container Store's value examination focuses on studying past and present price action to
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