Transdigm Intangible Assets vs Other Current Liab Analysis
TDG Stock | USD 1,240 52.98 4.10% |
Transdigm Group financial indicator trend analysis is much more than just breaking down Transdigm Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transdigm Group is a good investment. Please check the relationship between Transdigm Group Intangible Assets and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transdigm Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Intangible Assets vs Other Current Liab
Intangible Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transdigm Group Intangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Transdigm Group's Intangible Assets and Other Current Liab is 0.7. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Transdigm Group Incorporated, assuming nothing else is changed. The correlation between historical values of Transdigm Group's Intangible Assets and Other Current 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 Intangible Assets of Transdigm Group Incorporated are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Intangible Assets i.e., Transdigm Group's Intangible Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Current Liab
Most indicators from Transdigm Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transdigm 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 Transdigm Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Transdigm Group's Tax Provision is most likely to increase significantly in the upcoming years. The Transdigm Group's current Enterprise Value Over EBITDA is estimated to increase to 27.31, while Sales General And Administrative To Revenue is projected to decrease to 0.1.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1B | 3.8B | 4.7B | 4.9B | Total Revenue | 5.4B | 6.6B | 7.9B | 8.3B |
Transdigm Group fundamental ratios Correlations
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Transdigm Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Transdigm Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.4B | 19.3B | 18.1B | 20.0B | 25.6B | 26.9B | |
Other Current Liab | 755M | 765M | 647M | 775M | 5.7B | 6.0B | |
Total Current Liabilities | 1.6B | 1.7B | 1.4B | 1.6B | 6.3B | 6.7B | |
Other Liab | 893M | 931M | 1.0B | 947M | 1.1B | 1.1B | |
Accounts Payable | 218M | 227M | 279M | 305M | 323M | 339.2M | |
Cash | 4.7B | 4.8B | 3.0B | 3.5B | 6.3B | 6.6B | |
Other Assets | 81M | 54M | 18.1B | 67M | 77.1M | 73.2M | |
Long Term Debt | 19.4B | 19.4B | 19.4B | 19.1B | 22.0B | 23.1B | |
Inventory | 1.3B | 1.2B | 1.3B | 1.6B | 1.9B | 2.0B | |
Other Current Assets | 240M | 267M | 349M | 229M | (5.8B) | (5.5B) | |
Total Liab | 22.4B | 22.2B | 21.9B | 21.9B | 31.9B | 33.5B | |
Intangible Assets | 2.6B | 2.8B | 2.8B | 2.7B | 3.4B | 3.6B | |
Property Plant Equipment | 752M | 770M | 807M | 1.3B | 1.5B | 1.6B | |
Good Will | 7.9B | 8.6B | 8.6B | 9.0B | 10.4B | 10.9B | |
Short Long Term Debt Total | 20.0B | 20.0B | 19.8B | 19.8B | 24.9B | 26.1B | |
Total Stockholder Equity | (4.0B) | (2.9B) | (3.8B) | (2.0B) | (6.3B) | (6.0B) | |
Net Debt | 15.3B | 15.2B | 16.8B | 16.1B | (6.3B) | (5.9B) | |
Cash And Short Term Investments | 4.7B | 4.8B | 3.0B | 3.6B | 6.3B | 6.6B | |
Common Stock Shares Outstanding | 57.3M | 58.4M | 58.2M | 57.2M | 57.8M | 54.5M | |
Liabilities And Stockholders Equity | 18.4B | 19.3B | 18.1B | 20.0B | 25.6B | 26.9B | |
Non Current Liabilities Total | 20.7B | 20.6B | 20.4B | 19.2B | 25.5B | 26.8B | |
Total Current Assets | 7.0B | 7.0B | 5.6B | 6.7B | 3.7B | 2.5B | |
Other Stockholder Equity | 787M | 1.0B | 407M | 636M | 1.1B | 583.6M | |
Property Plant And Equipment Net | 752M | 770M | 807M | 1.3B | 1.5B | 1.6B | |
Retained Earnings | (4.4B) | (3.7B) | (3.9B) | (2.6B) | (7.4B) | (7.0B) | |
Non Current Assets Total | 11.4B | 12.3B | 12.5B | 13.2B | 21.9B | 23.0B | |
Non Currrent Assets Other | 161M | 156M | 260M | (13.2B) | 8.0B | 8.4B | |
Net Receivables | 720M | 791M | 967M | 1.4B | 1.4B | 1.5B | |
Property Plant And Equipment Gross | 752M | 1.4B | 1.6B | 2.1B | 2.4B | 2.6B | |
Accumulated Other Comprehensive Income | (401M) | (248M) | (267M) | (98M) | (42M) | (44.1M) | |
Short Term Debt | 625M | 646M | 444M | 420M | 483M | 302.1M | |
Net Tangible Assets | (14.5B) | (14.3B) | (15.2B) | (13.7B) | (12.3B) | (13.0B) | |
Long Term Debt Total | 19.4B | 19.4B | 19.4B | 19.3B | 22.2B | 12.8B | |
Capital Surpluse | 1.6B | 1.8B | 2.1B | 2.4B | 2.8B | 2.9B |
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When determining whether Transdigm Group is a strong investment it is important to analyze Transdigm Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transdigm Group's future performance. For an informed investment choice regarding Transdigm Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transdigm Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Aerospace & Defense 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 Transdigm Group. If investors know Transdigm 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 Transdigm Group 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 (0.20) | Earnings Share 25.67 | Revenue Per Share 137.37 | Quarterly Revenue Growth 0.18 | Return On Assets 0.0981 |
The market value of Transdigm Group is measured differently than its book value, which is the value of Transdigm that is recorded on the company's balance sheet. Investors also form their own opinion of Transdigm Group's value that differs from its market value or its book value, called intrinsic value, which is Transdigm Group'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 Transdigm Group's market value can be influenced by many factors that don't directly affect Transdigm Group'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 Transdigm Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transdigm Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transdigm Group'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.