Transdigm Sale Purchase Of Stock vs Depreciation 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 Sale Purchase Of Stock and its Depreciation 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.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transdigm Group Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Transdigm Group's Sale Purchase Of Stock and Depreciation is -0.05. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation 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 Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Transdigm Group Incorporated are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Transdigm Group's Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Transdigm Group value has been used up. For tax purposes Transdigm Group can deduct the cost of the tangible assets it purchases as business expenses. However, Transdigm Group Incorporated must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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 27.85, while Sales General And Administrative To Revenue is projected to decrease to 0.1.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.8B4.7B4.9B
Total Revenue5.4B6.6B7.9B8.3B

Transdigm Group fundamental ratios Correlations

0.750.830.940.970.940.160.980.99-0.620.990.990.940.950.990.99-0.89-0.010.940.510.990.690.510.95-0.910.97
0.750.990.590.670.78-0.090.630.75-0.980.780.70.640.810.680.7-0.8-0.650.770.180.70.050.40.81-0.840.88
0.830.990.680.750.86-0.030.730.83-0.950.860.780.740.880.760.79-0.86-0.560.860.230.790.190.450.88-0.90.94
0.940.590.680.940.810.260.960.93-0.440.930.950.830.850.960.95-0.840.190.810.470.950.750.380.85-0.830.88
0.970.670.750.940.830.250.960.98-0.530.960.980.890.930.980.96-0.840.090.830.560.960.690.420.93-0.850.93
0.940.780.860.810.830.070.90.91-0.690.940.880.910.90.880.92-0.86-0.181.00.340.920.60.580.9-0.890.93
0.16-0.09-0.030.260.250.070.240.180.130.170.190.240.10.210.21-0.190.320.070.110.220.27-0.260.1-0.130.11
0.980.630.730.960.960.90.240.97-0.490.980.980.930.90.991.0-0.880.150.90.531.00.780.460.9-0.890.91
0.990.750.830.930.980.910.180.97-0.630.990.980.920.970.980.98-0.88-0.020.910.470.980.660.450.97-0.890.97
-0.62-0.98-0.95-0.44-0.53-0.690.13-0.49-0.63-0.66-0.57-0.54-0.71-0.54-0.560.710.78-0.69-0.08-0.560.11-0.38-0.710.75-0.79
0.990.780.860.930.960.940.170.980.99-0.660.980.930.950.980.99-0.93-0.050.940.470.990.650.490.95-0.940.98
0.990.70.780.950.980.880.190.980.98-0.570.980.930.920.990.98-0.860.060.880.60.980.70.510.91-0.880.95
0.940.640.740.830.890.910.240.930.92-0.540.930.930.880.930.93-0.80.030.910.640.930.690.560.87-0.830.89
0.950.810.880.850.930.90.10.90.97-0.710.950.920.880.920.93-0.84-0.170.90.350.920.560.451.0-0.860.96
0.990.680.760.960.980.880.210.990.98-0.540.980.990.930.920.99-0.860.10.880.590.990.720.470.91-0.870.94
0.990.70.790.950.960.920.211.00.98-0.560.990.980.930.930.99-0.910.070.920.511.00.730.470.92-0.920.95
-0.89-0.8-0.86-0.84-0.84-0.86-0.19-0.88-0.880.71-0.93-0.86-0.8-0.84-0.86-0.910.16-0.85-0.33-0.92-0.48-0.38-0.840.99-0.91
-0.01-0.65-0.560.190.09-0.180.320.15-0.020.78-0.050.060.03-0.170.10.070.16-0.180.310.060.66-0.11-0.180.22-0.24
0.940.770.860.810.831.00.070.90.91-0.690.940.880.910.90.880.92-0.85-0.180.340.920.60.580.9-0.880.92
0.510.180.230.470.560.340.110.530.47-0.080.470.60.640.350.590.51-0.330.310.340.510.470.450.34-0.380.43
0.990.70.790.950.960.920.221.00.98-0.560.990.980.930.920.991.0-0.920.060.920.510.720.480.91-0.920.94
0.690.050.190.750.690.60.270.780.660.110.650.70.690.560.720.73-0.480.660.60.470.720.420.55-0.460.49
0.510.40.450.380.420.58-0.260.460.45-0.380.490.510.560.450.470.47-0.38-0.110.580.450.480.420.45-0.460.48
0.950.810.880.850.930.90.10.90.97-0.710.950.910.871.00.910.92-0.84-0.180.90.340.910.550.45-0.860.96
-0.91-0.84-0.9-0.83-0.85-0.89-0.13-0.89-0.890.75-0.94-0.88-0.83-0.86-0.87-0.920.990.22-0.88-0.38-0.92-0.46-0.46-0.86-0.94
0.970.880.940.880.930.930.110.910.97-0.790.980.950.890.960.940.95-0.91-0.240.920.430.940.490.480.96-0.94
Click cells to compare fundamentals

Transdigm Group Account Relationship Matchups

Transdigm Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.4B19.3B18.1B20.0B25.6B26.9B
Other Current Liab755M765M647M775M5.7B6.0B
Total Current Liabilities1.6B1.7B1.4B1.6B6.3B6.7B
Other Liab893M931M1.0B947M1.1B1.1B
Accounts Payable218M227M279M305M323M339.2M
Cash4.7B4.8B3.0B3.5B6.3B6.6B
Other Assets81M54M18.1B67M77.1M73.2M
Long Term Debt19.4B19.4B19.4B19.1B22.0B23.1B
Inventory1.3B1.2B1.3B1.6B1.9B2.0B
Other Current Assets240M267M349M229M(5.8B)(5.5B)
Total Liab22.4B22.2B21.9B21.9B31.9B33.5B
Intangible Assets2.6B2.8B2.8B2.7B3.4B3.6B
Property Plant Equipment752M770M807M1.3B1.5B1.6B
Good Will7.9B8.6B8.6B9.0B10.4B10.9B
Short Long Term Debt Total20.0B20.0B19.8B19.8B24.9B26.1B
Total Stockholder Equity(4.0B)(2.9B)(3.8B)(2.0B)(6.3B)(6.0B)
Net Debt15.3B15.2B16.8B16.1B(6.3B)(5.9B)
Cash And Short Term Investments4.7B4.8B3.0B3.6B6.3B6.6B
Common Stock Shares Outstanding57.3M58.4M58.2M57.2M57.8M54.5M
Liabilities And Stockholders Equity18.4B19.3B18.1B20.0B25.6B26.9B
Non Current Liabilities Total20.7B20.6B20.4B19.2B25.5B26.8B
Total Current Assets7.0B7.0B5.6B6.7B3.7B2.5B
Other Stockholder Equity787M1.0B407M636M1.1B583.6M
Property Plant And Equipment Net752M770M807M1.3B1.5B1.6B
Retained Earnings(4.4B)(3.7B)(3.9B)(2.6B)(7.4B)(7.0B)
Non Current Assets Total11.4B12.3B12.5B13.2B21.9B23.0B
Non Currrent Assets Other161M156M260M(13.2B)8.0B8.4B
Net Receivables720M791M967M1.4B1.4B1.5B
Property Plant And Equipment Gross752M1.4B1.6B2.1B2.4B2.6B
Accumulated Other Comprehensive Income(401M)(248M)(267M)(98M)(42M)(44.1M)
Short Term Debt625M646M444M420M483M302.1M
Net Tangible Assets(14.5B)(14.3B)(15.2B)(13.7B)(12.3B)(13.0B)
Long Term Debt Total19.4B19.4B19.4B19.3B22.2B12.8B
Capital Surpluse1.6B1.8B2.1B2.4B2.8B2.9B

Currently Active Assets on Macroaxis

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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
25.6
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.