Tredegar Depreciation vs Capital Expenditures Analysis

TG Stock

USD 7.20 0.08 1.12%

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

For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tredegar Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Tredegar's Depreciation and Capital Expenditures is 0.44. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Tredegar, assuming nothing else is changed. The correlation between historical values of Tredegar's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Tredegar are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., Tredegar's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Depreciation

Depreciation indicates how much of Tredegar value has been used up. For tax purposes Tredegar can deduct the cost of the tangible assets it purchases as business expenses. However, Tredegar 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.

Capital Expenditures

Capital Expenditures are funds used by Tredegar to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tredegar operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.The Tredegar's current Discontinued Operations is estimated to increase to about 69.9 K, while Selling General Administrative is projected to decrease to roughly 84.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	148.5M	139.5M	72.3M	68.7M
Total Revenue	826.5M	938.6M	704.8M	848.2M

Gross Profit Total Revenue

Tredegar fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Retained Earnings	Accounts Payable	Good Will	Common Stock Total Equity	Common Stock
Total Assets		-0.05	0.02	0.73	0.87	0.0	0.81	0.97	0.05	0.81	0.64	-0.65	0.7	0.16	0.24	-0.6	0.75	-0.16	0.8	0.68	0.08	0.93	0.24	0.82	-0.88	-0.89
Other Current Liab	-0.05		-0.19	-0.13	-0.21	0.26	0.06	-0.09	0.0	0.06	0.17	0.01	0.24	-0.1	0.16	0.03	0.13	-0.25	0.05	0.1	0.27	-0.08	-0.03	0.08	-0.04	-0.07
Total Current Liabilities	0.02	-0.19		-0.5	-0.06	0.53	-0.3	-0.07	0.26	-0.3	0.0	-0.58	-0.37	0.38	0.44	-0.57	0.25	0.81	0.25	-0.56	0.21	0.03	0.42	-0.37	-0.14	-0.11
Total Stockholder Equity	0.73	-0.13	-0.5		0.75	-0.43	0.78	0.77	-0.03	0.78	0.49	-0.05	0.54	-0.08	-0.24	-0.03	0.24	-0.46	0.43	0.84	-0.18	0.68	-0.06	0.76	-0.52	-0.52
Property Plant And Equipment Net	0.87	-0.21	-0.06	0.75		-0.2	0.71	0.93	0.12	0.71	0.36	-0.47	0.49	-0.07	0.08	-0.42	0.48	-0.1	0.49	0.63	-0.09	0.82	-0.04	0.74	-0.77	-0.77
Net Debt	0.0	0.26	0.53	-0.43	-0.2		-0.15	-0.1	-0.1	-0.15	-0.1	-0.5	0.17	0.56	0.68	-0.57	0.52	0.15	0.24	-0.26	0.79	-0.02	0.48	-0.01	-0.22	-0.13
Cash	0.81	0.06	-0.3	0.78	0.71	-0.15		0.81	0.08	1.0	0.38	-0.44	0.77	0.06	0.18	-0.42	0.61	-0.28	0.61	0.82	0.02	0.76	0.16	0.92	-0.82	-0.84
Non Current Assets Total	0.97	-0.09	-0.07	0.77	0.93	-0.1	0.81		0.12	0.81	0.54	-0.55	0.67	-0.03	0.2	-0.49	0.65	-0.18	0.65	0.75	0.06	0.87	0.04	0.84	-0.86	-0.88
Non Currrent Assets Other	0.05	0.0	0.26	-0.03	0.12	-0.1	0.08	0.12		0.08	-0.21	0.02	-0.36	-0.41	0.11	0.13	-0.2	0.42	-0.15	0.09	0.15	-0.17	-0.5	-0.06	-0.09	-0.22
Cash And Short Term Investments	0.81	0.06	-0.3	0.78	0.71	-0.15	1.0	0.81	0.08		0.38	-0.44	0.77	0.06	0.18	-0.42	0.61	-0.28	0.61	0.82	0.02	0.76	0.16	0.92	-0.82	-0.84
Net Receivables	0.64	0.17	0.0	0.49	0.36	-0.1	0.38	0.54	-0.21	0.38		-0.33	0.43	0.2	-0.12	-0.3	0.45	-0.18	0.76	0.33	-0.15	0.67	0.39	0.36	-0.39	-0.4
Common Stock Shares Outstanding	-0.65	0.01	-0.58	-0.05	-0.47	-0.5	-0.44	-0.55	0.02	-0.44	-0.33		-0.49	-0.52	-0.61	0.99	-0.89	-0.27	-0.75	-0.06	-0.21	-0.71	-0.64	-0.4	0.81	0.77
Non Current Liabilities Total	0.7	0.24	-0.37	0.54	0.49	0.17	0.77	0.67	-0.36	0.77	0.43	-0.49		0.23	0.37	-0.51	0.8	-0.57	0.61	0.67	0.21	0.71	0.34	0.86	-0.74	-0.71
Inventory	0.16	-0.1	0.38	-0.08	-0.07	0.56	0.06	-0.03	-0.41	0.06	0.2	-0.52	0.23		0.24	-0.6	0.48	0.0	0.62	-0.26	0.23	0.29	0.88	0.02	-0.18	-0.11
Other Current Assets	0.24	0.16	0.44	-0.24	0.08	0.68	0.18	0.2	0.11	0.18	-0.12	-0.61	0.37	0.24		-0.62	0.66	0.23	0.27	-0.02	0.53	0.16	0.35	0.22	-0.46	-0.43
Other Stockholder Equity	-0.6	0.03	-0.57	-0.03	-0.42	-0.57	-0.42	-0.49	0.13	-0.42	-0.3	0.99	-0.51	-0.6	-0.62		-0.9	-0.24	-0.73	-0.03	-0.23	-0.69	-0.71	-0.4	0.78	0.72
Total Liab	0.75	0.13	0.25	0.24	0.48	0.52	0.61	0.65	-0.2	0.61	0.45	-0.89	0.8	0.48	0.66	-0.9		-0.08	0.8	0.34	0.35	0.76	0.62	0.66	-0.86	-0.81
Property Plant And Equipment Gross	-0.16	-0.25	0.81	-0.46	-0.1	0.15	-0.28	-0.18	0.42	-0.28	-0.18	-0.27	-0.57	0.0	0.23	-0.24	-0.08		-0.04	-0.48	0.0	-0.21	0.11	-0.38	0.03	0.03
Total Current Assets	0.8	0.05	0.25	0.43	0.49	0.24	0.61	0.65	-0.15	0.61	0.76	-0.75	0.61	0.62	0.27	-0.73	0.8	-0.04		0.31	0.11	0.82	0.7	0.54	-0.7	-0.69
Intangible Assets	0.68	0.1	-0.56	0.84	0.63	-0.26	0.82	0.75	0.09	0.82	0.33	-0.06	0.67	-0.26	-0.02	-0.03	0.34	-0.48	0.31		0.16	0.53	-0.25	0.88	-0.62	-0.63
Short Long Term Debt Total	0.08	0.27	0.21	-0.18	-0.09	0.79	0.02	0.06	0.15	0.02	-0.15	-0.21	0.21	0.23	0.53	-0.23	0.35	0.0	0.11	0.16		-0.12	0.04	0.23	-0.23	-0.18
Retained Earnings	0.93	-0.08	0.03	0.68	0.82	-0.02	0.76	0.87	-0.17	0.76	0.67	-0.71	0.71	0.29	0.16	-0.69	0.76	-0.21	0.82	0.53	-0.12		0.42	0.73	-0.85	-0.83
Accounts Payable	0.24	-0.03	0.42	-0.06	-0.04	0.48	0.16	0.04	-0.5	0.16	0.39	-0.64	0.34	0.88	0.35	-0.71	0.62	0.11	0.7	-0.25	0.04	0.42		0.07	-0.29	-0.21
Good Will	0.82	0.08	-0.37	0.76	0.74	-0.01	0.92	0.84	-0.06	0.92	0.36	-0.4	0.86	0.02	0.22	-0.4	0.66	-0.38	0.54	0.88	0.23	0.73	0.07		-0.82	-0.81
Common Stock Total Equity	-0.88	-0.04	-0.14	-0.52	-0.77	-0.22	-0.82	-0.86	-0.09	-0.82	-0.39	0.81	-0.74	-0.18	-0.46	0.78	-0.86	0.03	-0.7	-0.62	-0.23	-0.85	-0.29	-0.82		0.98
Common Stock	-0.89	-0.07	-0.11	-0.52	-0.77	-0.13	-0.84	-0.88	-0.22	-0.84	-0.4	0.77	-0.71	-0.11	-0.43	0.72	-0.81	0.03	-0.69	-0.63	-0.18	-0.83	-0.21	-0.81	0.98

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Tredegar Account Relationship Matchups

Tredegar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	712.7M	514.9M	523.6M	542.1M	446.5M	660.8M
Other Current Liab	2.2M	48.3M	31.1M	29.6M	24.4M	27.3M
Total Current Liabilities	152.5M	140.8M	168.5M	149.7M	249.1M	261.6M
Total Stockholder Equity	376.7M	109.1M	184.7M	201.8M	155.7M	147.9M
Property Plant And Equipment Net	262.1M	182.6M	184.2M	200.4M	195.3M	240.1M
Net Debt	31.3M	139.2M	57.5M	132.5M	149.7M	75.4M
Cash	31.4M	11.8M	30.5M	19.2M	9.7M	9.2M
Non Current Assets Total	479.5M	326.4M	287.2M	299.5M	269.8M	435.7M
Non Currrent Assets Other	4.7M	3.7M	2.5M	2.8M	28.9M	42.6M
Cash And Short Term Investments	31.4M	11.8M	30.5M	19.2M	9.7M	9.2M
Net Receivables	111.7M	89.1M	105.9M	85.3M	69.1M	105.8M
Common Stock Shares Outstanding	33.3M	33.4M	33.7M	33.8M	34.1M	30.6M
Liabilities And Stockholders Equity	712.7M	514.9M	523.6M	542.1M	446.5M	660.8M
Non Current Liabilities Total	183.5M	265.1M	170.3M	190.6M	41.7M	39.6M
Inventory	81.4M	66.4M	88.6M	127.8M	82.0M	60.3M
Other Current Assets	8.7M	21.0M	11.5M	10.3M	15.9M	11.5M
Other Stockholder Equity	(1.6M)	(2.1M)	(2.1M)	(2.2M)	(2.2M)	(2.1M)
Total Liab	335.9M	405.8M	338.9M	340.3M	290.8M	306.9M
Property Plant And Equipment Gross	262.1M	182.6M	498.3M	186.4M	552.9M	580.5M
Total Current Assets	233.2M	188.4M	236.4M	242.6M	176.7M	225.1M
Accumulated Other Comprehensive Income	(197.7M)	(178.4M)	(149.5M)	(147.6M)	(81.7M)	(85.8M)
Intangible Assets	22.6M	18.8M	14.2M	11.7M	9.9M	9.4M
Short Long Term Debt Total	62.7M	151.0M	88.0M	151.8M	159.4M	121.7M
Retained Earnings	530.5M	239.5M	281.2M	292.7M	178.0M	325.3M
Accounts Payable	103.7M	89.7M	123.8M	114.9M	95.0M	69.1M
Common Stock Total Equity	45.5M	50.1M	55.2M	58.8M	52.9M	44.8M
Common Stock	45.5M	50.1M	55.2M	58.8M	61.6M	35.9M
Other Liab	123.8M	116.1M	84.5M	40.9M	47.0M	63.7M
Other Assets	17.9M	22.7M	18.2M	16.8M	15.1M	14.3M
Long Term Debt	42M	134M	73M	137M	20M	19M
Property Plant Equipment	242.9M	182.6M	170.4M	186.4M	167.8M	201.3M
Short Term Debt	3.0M	2.1M	4.3M	4.1M	128.4M	134.9M
Net Tangible Assets	376.7M	22.5M	100.0M	201.8M	232.0M	186.2M
Retained Earnings Total Equity	530.5M	239.5M	281.2M	292.7M	263.4M	342.8M
Long Term Debt Total	42M	134M	73M	137M	123.3M	91.2M
Deferred Long Term Liab	29.0M	11.0M	34.9M	31.2M	28.1M	28.3M
Treasury Stock	(1.6M)	(1.6M)	(2.1M)	(2.1M)	(1.9M)	(1.8M)
Non Current Liabilities Other	130.4M	5.5M	84.5M	5.8M	4.1M	3.9M

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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

(0.83)

Earnings Share

(0.80)

Revenue Per Share

20.887

Quarterly Revenue Growth

0.095

Return On Assets

0.0281

The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.

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Tredegar Depreciation vs Capital Expenditures Analysis

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Depreciation

Capital Expenditures

Tredegar fundamental ratios Correlations

Tredegar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tredegar fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.98	Common Stock Total Equity
Non Current Assets Total	+ 0.97	Total Assets
Retained Earnings	+ 0.93	Total Assets
Non Current Assets Total	+ 0.93	Property Plant And Equipment Net

Total Liab	- 0.9	Other Stockholder Equity
Total Liab	- 0.89	Common Stock Shares Outstanding
Common Stock	- 0.89	Total Assets
Common Stock	- 0.88	Non Current Assets Total
Common Stock Total Equity	- 0.88	Total Assets
Common Stock Total Equity	- 0.86	Total Liab