Container Net Tangible Assets vs Common Stock Analysis

TCS Stock  USD 3.61  0.20  5.25%   
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 Tangible Assets and its Common Stock 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 Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Container Store Group Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Container Store's Net Tangible Assets and Common Stock is 0.49. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock 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 Tangible Assets and Common Stock 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 Tangible Assets of Container Store Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Container Store's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Common Stock

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.
 2021 2022 2023 2024 (projected)
Gross Profit636.2M601.0M488.8M534.4M
Total Revenue1.1B1.0B847.8M919.0M

Container Store fundamental ratios Correlations

-0.63-0.570.89-0.76-0.4-0.02-0.72-0.630.29-0.670.35-0.590.150.20.840.35-0.510.63-0.4-0.48-0.76-0.69-0.4-0.6-0.74
-0.630.89-0.570.940.70.120.890.89-0.150.750.140.99-0.22-0.41-0.620.140.56-0.230.410.840.810.470.430.930.62
-0.570.89-0.610.840.30.070.940.99-0.260.50.270.86-0.2-0.39-0.510.270.44-0.450.430.970.740.440.410.990.72
0.89-0.57-0.61-0.66-0.250.01-0.74-0.650.23-0.540.19-0.510.010.40.840.19-0.230.84-0.25-0.52-0.74-0.72-0.26-0.6-0.87
-0.760.940.84-0.660.660.180.920.88-0.220.84-0.10.92-0.21-0.41-0.78-0.10.6-0.340.490.740.90.60.50.870.67
-0.40.70.3-0.250.660.140.40.320.210.79-0.10.72-0.07-0.34-0.56-0.10.360.20.120.220.560.370.180.380.14
-0.020.120.070.010.180.140.160.14-0.550.07-0.480.11-0.57-0.53-0.16-0.480.29-0.090.620.020.33-0.20.640.080.16
-0.720.890.94-0.740.920.40.160.97-0.290.630.00.85-0.21-0.5-0.730.00.45-0.530.510.860.890.590.490.940.75
-0.630.890.99-0.650.880.320.140.97-0.340.530.140.86-0.26-0.42-0.570.140.5-0.490.510.950.80.460.50.990.75
0.29-0.15-0.260.23-0.220.21-0.55-0.29-0.340.060.49-0.130.840.140.070.49-0.630.43-0.9-0.31-0.30.31-0.9-0.29-0.45
-0.670.750.5-0.540.840.790.070.630.530.06-0.150.74-0.02-0.26-0.76-0.150.46-0.110.230.380.750.590.250.560.48
0.350.140.270.19-0.1-0.1-0.480.00.140.49-0.150.150.360.130.381.0-0.390.22-0.530.36-0.32-0.08-0.530.22-0.07
-0.590.990.86-0.510.920.720.110.850.86-0.130.740.15-0.23-0.38-0.580.150.57-0.170.40.820.760.430.430.910.57
0.15-0.22-0.20.01-0.21-0.07-0.57-0.21-0.260.84-0.020.36-0.230.19-0.040.36-0.580.05-0.88-0.25-0.280.51-0.89-0.25-0.16
0.2-0.41-0.390.4-0.41-0.34-0.53-0.5-0.420.14-0.260.13-0.380.190.520.130.00.33-0.29-0.3-0.58-0.21-0.3-0.35-0.42
0.84-0.62-0.510.84-0.78-0.56-0.16-0.73-0.570.07-0.760.38-0.58-0.040.520.38-0.240.56-0.27-0.34-0.84-0.83-0.27-0.51-0.66
0.350.140.270.19-0.1-0.1-0.480.00.140.49-0.151.00.150.360.130.38-0.390.22-0.530.36-0.32-0.08-0.530.22-0.07
-0.510.560.44-0.230.60.360.290.450.5-0.630.46-0.390.57-0.580.0-0.24-0.39-0.110.740.460.52-0.050.750.540.4
0.63-0.23-0.450.84-0.340.2-0.09-0.53-0.490.43-0.110.22-0.170.050.330.560.22-0.11-0.27-0.4-0.49-0.47-0.27-0.41-0.84
-0.40.410.43-0.250.490.120.620.510.51-0.90.23-0.530.4-0.88-0.29-0.27-0.530.74-0.270.420.56-0.160.990.470.41
-0.480.840.97-0.520.740.220.020.860.95-0.310.380.360.82-0.25-0.3-0.340.360.46-0.40.420.620.290.410.970.68
-0.760.810.74-0.740.90.560.330.890.8-0.30.75-0.320.76-0.28-0.58-0.84-0.320.52-0.490.560.620.570.560.750.67
-0.690.470.44-0.720.60.37-0.20.590.460.310.59-0.080.430.51-0.21-0.83-0.08-0.05-0.47-0.160.290.57-0.170.410.49
-0.40.430.41-0.260.50.180.640.490.5-0.90.25-0.530.43-0.89-0.3-0.27-0.530.75-0.270.990.410.56-0.170.470.42
-0.60.930.99-0.60.870.380.080.940.99-0.290.560.220.91-0.25-0.35-0.510.220.54-0.410.470.970.750.410.470.72
-0.740.620.72-0.870.670.140.160.750.75-0.450.48-0.070.57-0.16-0.42-0.66-0.070.4-0.840.410.680.670.490.420.72
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Container Store Account Relationship Matchups

Container Store fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding49.0M3.3M3.4M3.3M3.3M3.1M
Total Assets1.2B1.1B1.2B985.2M936.4M968.0M
Short Long Term Debt Total713.2M501.9M532.3M539.2M616.0M456.7M
Other Current Liab53.1M9.2M1.4M(20.7M)(30.6M)(29.1M)
Total Current Liabilities198.2M214.9M235.5M190.3M193.1M171.1M
Total Stockholder Equity271.7M353.7M428.1M262.2M159.7M277.8M
Other Liab62.2M61.0M58.1M55.2M63.5M63.5M
Property Plant And Equipment Net494.7M439.0M487.7M506.7M555.6M315.7M
Net Debt645.5M484.2M518.1M532.2M595.0M432.3M
Retained Earnings(559.1M)(500.9M)(419.1M)(578.0M)(681.3M)(715.4M)
Accounts Payable53.6M68.5M84.1M52.6M59.9M59.7M
Cash67.8M17.7M14.3M7.0M21M17.7M
Non Current Assets Total924.6M875.1M937.2M754.9M705.8M762.2M
Non Currrent Assets Other1.9M3.1M2.5M3.0M3.4M2.4M
Other Assets4.4M5.6M3.4M3.6M3.2M4.8M
Long Term Debt317.5M163.8M158.6M163.4M174.6M206.9M
Cash And Short Term Investments67.8M17.7M14.3M7.0M21M17.7M
Net Receivables29.4M29.0M31.9M26.7M27.1M30.2M
Common Stock Total Equity483K488K496K492K565.8K446.5K
Liabilities And Stockholders Equity1.2B1.1B1.2B985.2M936.4M968.0M
Non Current Liabilities Total696.9M509.9M534.0M532.7M583.6M519.1M
Inventory124.2M130.6M192.8M170.6M158.4M126.5M
Other Current Assets11.9M26.0M21.5M25.9M24.0M18.1M
Other Stockholder Equity866.7M873.0M874.2M872.2M873.9M881.6M
Total Liab895.1M724.8M769.5M723.0M776.7M690.2M
Property Plant And Equipment Gross494.7M439.0M487.7M506.7M992.2M1.0B
Total Current Assets242.2M203.3M260.4M230.2M230.5M205.8M
Accumulated Other Comprehensive Income(36.3M)(19.0M)(27.4M)(32.5M)(33.4M)(31.8M)
Short Term Debt78.5M103.9M109.0M118.9M123.6M129.7M
Intangible Assets222.8M227.7M224.9M221.3M146.4M179.8M
Property Plant Equipment147.5M131.9M487.7M158.7M182.5M199.2M
Net Tangible Assets(153.9M)(76.8M)(18.0M)17.5M20.1M21.1M
Current Deferred Revenue13.0M19.5M22.6M15.7M14.4M15.3M
Retained Earnings Total Equity(559.1M)(500.9M)(419.1M)(578.0M)(520.2M)(546.2M)
Deferred Long Term Liab50.2M48.9M203K49.3M44.4M55.1M
Short Long Term Debt12.5M16.0M2.2M3.9M4.5M2.1M
Long Term Debt Total317.5M163.8M158.6M163.4M147.0M204.1M
Capital Surpluse866.7M873.0M874.2M872.2M1.0B951.2M

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Additional Tools for Container Stock Analysis

When running Container Store's price analysis, check to 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 predict the probability of Container Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Container Store's price. Additionally, you may evaluate how the addition of Container Store to your portfolios can decrease your overall portfolio volatility.