| 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 Net Receivables and its Cash And Short Term Investments 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.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Container Store Group Net Receivables account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Container Store's Net Receivables and Cash And Short Term Investments is -0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments 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 Net Receivables and Cash 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 Net Receivables of Container Store Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Container Store's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Receivables
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.
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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