TFI Total Current Assets vs Common Stock Analysis
TFII Stock | USD 148.04 3.59 2.49% |
TFI International financial indicator trend analysis is much more than just breaking down TFI International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TFI International is a good investment. Please check the relationship between TFI International Total Current Assets and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TFI International Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between TFI International's Total Current Assets and Common Stock is 0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of TFI International, assuming nothing else is changed. The correlation between historical values of TFI International's Total Current 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 Total Current Assets of TFI International 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 Total Current Assets i.e., TFI International's Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Common Stock
Most indicators from TFI International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TFI International 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 TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.As of now, TFI International's Enterprise Value Over EBITDA is decreasing as compared to previous years. The TFI International's current Enterprise Value Multiple is estimated to increase to 16.01, while Selling General Administrative is projected to decrease to under 80.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.2B | 8.8B | 7.5B | 7.9B | Interest Expense | 78.1M | 82.1M | 91.0M | 110.7M |
TFI International fundamental ratios Correlations
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TFI International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TFI International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.8B | 5.8B | 5.5B | 6.3B | 6.6B | |
Short Long Term Debt Total | 2.2B | 1.2B | 2.0B | 1.7B | 2.3B | 2.5B | |
Other Current Liab | 2.7M | 162.1M | 298.8M | 273.2M | 311.3M | 326.8M | |
Total Current Liabilities | 484.8M | 654.5M | 1.4B | 966.7M | 1.1B | 1.1B | |
Total Stockholder Equity | 1.2B | 1.8B | 2.2B | 2.5B | 2.6B | 2.7B | |
Property Plant And Equipment Net | 1.5B | 1.4B | 2.7B | 2.5B | 2.8B | 3.0B | |
Net Debt | 1.8B | 1.2B | 2.0B | 1.6B | 2.0B | 2.1B | |
Retained Earnings | 597.1M | 805.1M | 1.2B | 1.6B | 1.6B | 1.7B | |
Accounts Payable | 237.0M | 327.6M | 612.1M | 498.8M | 450.6M | 473.2M | |
Non Current Assets Total | 3.0B | 3.2B | 4.6B | 4.2B | 4.9B | 5.2B | |
Non Currrent Assets Other | 8.6M | 14.2M | 6.5M | 23.6M | 16.4M | 17.2M | |
Other Assets | 16.4M | 25.4M | 67.5M | 50.6M | 58.2M | 61.1M | |
Net Receivables | 462.8M | 605.5M | 1.1B | 1.0B | 918.4M | 964.3M | |
Common Stock Shares Outstanding | 85.4M | 90.9M | 95.3M | 91.3M | 87.0M | 83.9M | |
Liabilities And Stockholders Equity | 3.5B | 3.8B | 5.8B | 5.5B | 6.3B | 6.6B | |
Non Current Liabilities Total | 1.9B | 1.4B | 2.1B | 2.1B | 2.6B | 2.8B | |
Inventory | 10.6M | 8.8M | 24.4M | 24.2M | 24.0M | 25.2M | |
Other Current Assets | 19.0M | 34.2M | 56.5M | 48.8M | 58.1M | 29.8M | |
Other Stockholder Equity | 16.1M | 19.8M | 39.2M | 41.5M | 37.7M | 35.8M | |
Total Liab | 2.3B | 2.1B | 3.5B | 3.0B | 3.7B | 3.9B | |
Property Plant And Equipment Gross | 1.9B | 1.4B | 2.7B | 2.5B | 4.2B | 4.4B | |
Total Current Assets | 523.6M | 652.8M | 1.2B | 1.3B | 1.3B | 1.4B | |
Accumulated Other Comprehensive Income | 18.7M | (154.7M) | (144.7M) | (239.1M) | (200.5M) | (210.6M) | |
Short Term Debt | 119.9M | 131.5M | 478.9M | 153.0M | 301.7M | 316.8M | |
Cash And Short Term Investments | (75.9M) | 4.3M | 19.3M | 147.1M | 335.6M | 352.3M | |
Current Deferred Revenue | 125.2M | 50.7M | 55.3M | 290.3M | 333.9M | 350.5M | |
Cash | (75.9M) | 4.3M | 19.3M | 147.1M | 335.6M | 352.3M | |
Good Will | 1.2B | 1.4B | 1.4B | 1.3B | 1.5B | 821.9M | |
Common Stock Total Equity | 711.0M | 704.5M | 680.2M | 1.1B | 1.3B | 692.6M | |
Common Stock | 520.7M | 1.1B | 1.1B | 1.1B | 1.1B | 709.9M | |
Intangible Assets | 319.1M | 374.2M | 368.1M | 310.8M | 536.2M | 277.2M | |
Other Liab | 280.0M | 307.7M | 568.3M | 500.3M | 575.3M | 382.9M | |
Net Tangible Assets | (345.9M) | 40.4M | 427.4M | 871.0M | 1.0B | 1.1B | |
Long Term Debt | 2.1B | 829.5M | 1.2B | 1.3B | 1.7B | 1.5B | |
Capital Lease Obligations | 99.1M | 356.0M | 429.2M | 413.0M | 460.2M | 483.2M | |
Long Term Investments | 1.4M | 9.7M | 31.4M | 86.0M | 50.2M | 52.7M | |
Short Long Term Debt | 57.4M | 43.0M | 363.6M | 37.1M | 174.4M | 108.4M | |
Non Current Liabilities Other | 3.6M | 22.7M | 8.0M | 382K | 3.7M | 7.0M |
Currently Active Assets on Macroaxis
When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Cargo Ground Transportation 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 TFI International. If investors know TFI 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 TFI International 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 (0.03) | Dividend Share 1.6 | Earnings Share 5.49 | Revenue Per Share 97.9 | Quarterly Revenue Growth 0.143 |
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International'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 TFI International's market value can be influenced by many factors that don't directly affect TFI International'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 TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International'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.