TCX Stock | | | USD 16.27 0.47 2.97% |
Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Total Liab and its Deferred Long Term Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. 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 Liab vs Deferred Long Term Liab
Total Liab vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tucows Inc Total Liab account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tucows' Total Liab and Deferred Long Term Liab is -0.01. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Total Liab and Deferred Long Term Liab 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 Liab of Tucows Inc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Liab i.e., Tucows' Total Liab and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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 Tucows Inc. 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.
Enterprise Value is likely to rise to about 564.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 31.7
M in 2024.
Tucows fundamental ratios Correlations
Click cells to compare fundamentals
Tucows Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tucows fundamental ratios Accounts
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Additional Tools for Tucows Stock Analysis
When running Tucows' price analysis, check to
measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to
predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.