Target Common Stock Shares Outstanding vs Total Current Assets Analysis
TGAAU Stock | USD 11.28 0.00 0.00% |
Target Global financial indicator trend analysis is much more than just breaking down Target Global Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Global Acquisition is a good investment. Please check the relationship between Target Global Common Stock Shares Outstanding and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Common Stock Shares Outstanding vs Total Current Assets
Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Global Acquisition Common Stock Shares Outstanding account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Target Global's Common Stock Shares Outstanding and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Target Global Acquisition, assuming nothing else is changed. The correlation between historical values of Target Global's Common Stock Shares Outstanding and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Target Global Acquisition are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Target Global's Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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.Most indicators from Target Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Global Acquisition 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 Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is likely to drop to about 1.3 M in 2024. Enterprise Value Over EBITDA is likely to drop to 43.14 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 69.5K | 3.1M | 3.6M | 3.7M | Depreciation And Amortization | 198.0K | 1.1M | 2.2M | 1.3M |
Target Global fundamental ratios Correlations
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Target Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Target Global's price analysis, check to measure Target Global'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 Target Global is operating at the current time. Most of Target Global's value examination focuses on studying past and present price action to predict the probability of Target Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target Global's price. Additionally, you may evaluate how the addition of Target Global to your portfolios can decrease your overall portfolio volatility.