Triumph Asset Turnover vs Net Debt Analysis

TFINP Stock

23.70 0.20 0.85%

Triumph Financial financial indicator trend analysis is much more than just breaking down Triumph Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Financial is a good investment. Please check the relationship between Triumph Financial Asset Turnover and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.

Asset Turnover vs Net Debt

Asset Turnover vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Financial Asset Turnover account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Triumph Financial's Asset Turnover and Net Debt is -0.46. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Debt in the same time period over historical financial statements of Triumph Financial, assuming nothing else is changed. The correlation between historical values of Triumph Financial's Asset Turnover and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Triumph Financial are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Asset Turnover i.e., Triumph Financial's Asset Turnover and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

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Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Triumph Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Financial 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 Triumph Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.At this time, Triumph Financial's Tax Provision is relatively stable compared to the past year. As of 11/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.52, while Selling General Administrative is likely to drop slightly above 119.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	18.4M	18.7M	43.1M	24.3M
Depreciation And Amortization	22.9M	25.2M	25.3M	26.5M

Interest Expense Depreciation And Amortization

Triumph Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Non Currrent Assets Other	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Other Assets	Long Term Debt
Total Assets		0.84	0.97	0.99	0.26	0.81	0.92	0.96	0.91	0.85	0.89	0.76	0.49	0.08	0.93	0.44	0.1	0.96	0.83	0.57	-0.79	0.47	0.63	0.76	0.73	-0.22
Short Long Term Debt Total	0.84		0.73	0.83	0.74	0.53	0.57	0.82	0.71	0.6	0.8	0.79	0.24	0.34	0.84	0.37	0.34	0.82	0.66	0.6	-0.59	0.25	0.31	0.47	0.49	0.21
Total Stockholder Equity	0.97	0.73		0.98	0.1	0.87	0.96	0.95	0.89	0.9	0.87	0.72	0.6	0.01	0.89	0.51	0.02	0.94	0.83	0.56	-0.79	0.61	0.75	0.79	0.7	-0.35
Property Plant And Equipment Net	0.99	0.83	0.98		0.26	0.83	0.91	0.97	0.89	0.87	0.89	0.77	0.55	0.06	0.91	0.49	0.07	0.95	0.82	0.61	-0.81	0.55	0.69	0.77	0.7	-0.23
Net Debt	0.26	0.74	0.1	0.26		-0.04	-0.12	0.27	0.11	0.03	0.34	0.44	-0.16	0.43	0.32	0.08	0.42	0.26	0.16	0.39	-0.12	-0.13	-0.2	-0.06	0.0	0.66
Retained Earnings	0.81	0.53	0.87	0.83	-0.04		0.83	0.8	0.7	0.97	0.74	0.57	0.87	-0.23	0.66	0.64	-0.23	0.77	0.65	0.74	-0.84	0.79	0.9	0.89	0.77	-0.54
Cash	0.92	0.57	0.96	0.91	-0.12	0.83		0.89	0.92	0.85	0.76	0.64	0.56	-0.03	0.85	0.45	-0.01	0.9	0.8	0.41	-0.74	0.53	0.71	0.78	0.72	-0.5
Non Current Assets Total	0.96	0.82	0.95	0.97	0.27	0.8	0.89		0.92	0.85	0.87	0.88	0.57	0.21	0.91	0.61	0.23	0.95	0.81	0.58	-0.7	0.56	0.65	0.67	0.58	-0.25
Cash And Short Term Investments	0.91	0.71	0.89	0.89	0.11	0.7	0.92	0.92		0.73	0.77	0.83	0.44	0.28	0.93	0.53	0.31	0.93	0.8	0.35	-0.6	0.33	0.47	0.56	0.56	-0.38
Good Will	0.85	0.6	0.9	0.87	0.03	0.97	0.85	0.85	0.73		0.83	0.59	0.78	-0.18	0.75	0.58	-0.18	0.8	0.78	0.76	-0.85	0.74	0.84	0.87	0.79	-0.43
Common Stock Shares Outstanding	0.89	0.8	0.87	0.89	0.34	0.74	0.76	0.87	0.77	0.83		0.64	0.46	0.07	0.86	0.41	0.08	0.8	0.88	0.56	-0.75	0.43	0.53	0.65	0.63	-0.18
Short Term Investments	0.76	0.79	0.72	0.77	0.44	0.57	0.64	0.88	0.83	0.59	0.64		0.45	0.53	0.8	0.72	0.55	0.84	0.57	0.49	-0.42	0.36	0.4	0.36	0.27	-0.11
Non Current Liabilities Total	0.49	0.24	0.6	0.55	-0.16	0.87	0.56	0.57	0.44	0.78	0.46	0.45		-0.24	0.33	0.8	-0.25	0.5	0.31	0.66	-0.63	0.83	0.86	0.65	0.45	-0.64
Other Current Assets	0.08	0.34	0.01	0.06	0.43	-0.23	-0.03	0.21	0.28	-0.18	0.07	0.53	-0.24		0.29	0.38	1.0	0.2	0.16	-0.13	0.47	-0.29	-0.35	-0.42	-0.41	0.1
Other Stockholder Equity	0.93	0.84	0.89	0.91	0.32	0.66	0.85	0.91	0.93	0.75	0.86	0.8	0.33	0.29		0.42	0.32	0.95	0.88	0.48	-0.64	0.29	0.39	0.55	0.58	-0.12
Total Liab	0.44	0.37	0.51	0.49	0.08	0.64	0.45	0.61	0.53	0.58	0.41	0.72	0.8	0.38	0.42		0.37	0.53	0.32	0.52	-0.26	0.6	0.58	0.3	0.11	-0.54
Total Current Assets	0.1	0.34	0.02	0.07	0.42	-0.23	-0.01	0.23	0.31	-0.18	0.08	0.55	-0.25	1.0	0.32	0.37		0.22	0.17	-0.15	0.46	-0.3	-0.36	-0.42	-0.4	0.11
Common Stock	0.96	0.82	0.94	0.95	0.26	0.77	0.9	0.95	0.93	0.8	0.8	0.84	0.5	0.2	0.95	0.53	0.22		0.76	0.55	-0.71	0.47	0.58	0.67	0.62	-0.21
Intangible Assets	0.83	0.66	0.83	0.82	0.16	0.65	0.8	0.81	0.8	0.78	0.88	0.57	0.31	0.16	0.88	0.32	0.17	0.76		0.4	-0.58	0.36	0.42	0.55	0.59	-0.24
Non Currrent Assets Other	0.57	0.6	0.56	0.61	0.39	0.74	0.41	0.58	0.35	0.76	0.56	0.49	0.66	-0.13	0.48	0.52	-0.15	0.55	0.4		-0.69	0.63	0.66	0.71	0.62	0.01
Total Current Liabilities	-0.79	-0.59	-0.79	-0.81	-0.12	-0.84	-0.74	-0.7	-0.6	-0.85	-0.75	-0.42	-0.63	0.47	-0.64	-0.26	0.46	-0.71	-0.58	-0.69		-0.56	-0.7	-0.86	-0.83	0.18
Other Liab	0.47	0.25	0.61	0.55	-0.13	0.79	0.53	0.56	0.33	0.74	0.43	0.36	0.83	-0.29	0.29	0.6	-0.3	0.47	0.36	0.63	-0.56		0.91	0.63	0.38	-0.42
Net Tangible Assets	0.63	0.31	0.75	0.69	-0.2	0.9	0.71	0.65	0.47	0.84	0.53	0.4	0.86	-0.35	0.39	0.58	-0.36	0.58	0.42	0.66	-0.7	0.91		0.85	0.62	-0.53
Accounts Payable	0.76	0.47	0.79	0.77	-0.06	0.89	0.78	0.67	0.56	0.87	0.65	0.36	0.65	-0.42	0.55	0.3	-0.42	0.67	0.55	0.71	-0.86	0.63	0.85		0.93	-0.36
Other Assets	0.73	0.49	0.7	0.7	0.0	0.77	0.72	0.58	0.56	0.79	0.63	0.27	0.45	-0.41	0.58	0.11	-0.4	0.62	0.59	0.62	-0.83	0.38	0.62	0.93		-0.25
Long Term Debt	-0.22	0.21	-0.35	-0.23	0.66	-0.54	-0.5	-0.25	-0.38	-0.43	-0.18	-0.11	-0.64	0.1	-0.12	-0.54	0.11	-0.21	-0.24	0.01	0.18	-0.42	-0.53	-0.36	-0.25

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Triumph Financial Account Relationship Matchups

Triumph Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	5.9B	6.0B	5.3B	5.3B	3.9B
Short Long Term Debt Total	556.9M	424.4M	354.7M	179.0M	405.4M	307.3M
Total Stockholder Equity	636.6M	726.8M	858.9M	889.0M	864.4M	549.0M
Property Plant And Equipment Net	96.6M	103.4M	105.7M	103.3M	113.5M	71.9M
Net Debt	359.0M	110.0M	(28.5M)	(229.2M)	118.8M	83.5M
Retained Earnings	229.0M	289.6M	399.4M	498.5M	536.3M	563.1M
Cash	197.9M	314.4M	383.2M	408.2M	286.6M	223.8M
Non Current Assets Total	549.6M	529.4M	575.5M	632.9M	686.7M	469.2M
Cash And Short Term Investments	446.7M	538.7M	565.6M	662.7M	392.7M	447.2M
Short Term Investments	248.8M	224.3M	182.4M	254.5M	299.6M	241.1M
Liabilities And Stockholders Equity	5.1B	5.9B	6.0B	5.3B	5.3B	3.9B
Non Current Liabilities Total	556.9M	424.4M	354.7M	4.4B	4.5B	4.7B
Other Current Assets	221.2M	335.3M	399.0M	430.1M	321.1M	305.1M
Other Stockholder Equity	406.2M	386.1M	406.2M	352.1M	285.7M	302.1M
Total Liab	556.9M	424.4M	354.7M	4.4B	4.5B	4.7B
Total Current Assets	446.7M	538.7M	565.6M	662.7M	392.7M	373.1M
Accumulated Other Comprehensive Income	1.1M	5.8M	8.0M	(6.9M)	(2.9M)	(2.8M)
Common Stock	271K	272K	280K	283K	290K	236.0K
Intangible Assets	31.5M	26.7M	43.1M	32.1M	23.6M	27.5M
Non Currrent Assets Other	(3.8M)	(6.4M)	(10.0M)	(16.5M)	8.8M	9.2M
Total Current Liabilities	1.2B	1.4B	2.1B	1.8B	1.6B	1.5B
Other Liab	53.8M	45.7M	58.1M	60.1M	69.2M	59.0M
Net Tangible Assets	446.3M	491.9M	537.0M	578.2M	664.9M	547.9M
Accounts Payable	3.8B	4.7B	4.6B	4.2B	4.8B	4.6B
Other Assets	4.1B	4.9B	4.8B	4.0B	4.3B	4.7B
Long Term Debt	556.9M	424.4M	354.7M	179.0M	405.4M	311.8M
Inventory	3.5M	2.5M	2.9M	1.3M	1.2M	2.0M
Net Invested Capital	1.2B	1.1B	1.2B	1.0B	1.2B	1.2B
Long Term Investments	262.7M	236.1M	192.9M	263.8M	307.1M	215.0M
Property Plant Equipment	117.7M	121.5M	138.6M	134.3M	154.5M	131.0M

Pair Trading with Triumph Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Triumph Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Triumph Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Triumph Stock

0.74

Deutsche Bank AG

Pair Corr

The ability to find closely correlated positions to Triumph Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triumph Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Triumph Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Triumph Financial to buy it.

The correlation of Triumph Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Triumph Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triumph Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Triumph Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Triumph Stock Analysis

When running Triumph Financial's price analysis, check to measure Triumph Financial'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 Triumph Financial is operating at the current time. Most of Triumph Financial's value examination focuses on studying past and present price action to predict the probability of Triumph Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Financial's price. Additionally, you may evaluate how the addition of Triumph Financial to your portfolios can decrease your overall portfolio volatility.

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