Target Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Global Acquisition Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Target Global's Retained Earnings and Total Current Liabilities is -0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Target Global Acquisition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Target Global's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Target Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Target Global Acquisition are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense69.5K3.1M3.6M3.7M
Depreciation And Amortization198.0K1.1M2.2M1.3M

Target Global fundamental ratios Correlations

-0.98-0.88-0.911.00.7-0.960.23-0.580.91.0-0.140.90.990.980.930.780.971.0-0.980.911.00.98-0.981.0
-0.980.920.9-0.98-0.811.0-0.390.44-0.96-0.980.31-0.96-0.98-0.96-0.98-0.88-0.95-0.981.0-0.97-0.98-1.01.0-0.98
-0.880.920.96-0.88-0.850.94-0.470.4-0.95-0.880.48-0.95-0.91-0.93-0.95-0.91-0.76-0.880.92-0.95-0.88-0.940.92-0.88
-0.910.90.96-0.91-0.670.89-0.20.64-0.86-0.910.22-0.86-0.95-0.98-0.88-0.76-0.79-0.910.9-0.86-0.91-0.920.9-0.91
1.0-0.98-0.88-0.910.7-0.960.23-0.580.91.0-0.140.90.990.980.930.780.971.0-0.980.911.00.98-0.981.0
0.7-0.81-0.85-0.670.7-0.860.850.110.940.7-0.810.940.690.680.910.990.630.7-0.810.930.690.82-0.810.69
-0.961.00.940.89-0.96-0.86-0.470.37-0.98-0.960.4-0.98-0.96-0.94-0.99-0.92-0.92-0.961.0-0.99-0.96-1.01.0-0.96
0.23-0.39-0.47-0.20.230.85-0.470.620.610.23-0.970.610.210.180.560.770.190.23-0.390.610.220.4-0.390.22
-0.580.440.40.64-0.580.110.370.62-0.23-0.59-0.6-0.23-0.62-0.66-0.29-0.02-0.54-0.580.44-0.24-0.59-0.450.44-0.59
0.9-0.96-0.95-0.860.90.94-0.980.61-0.230.9-0.561.00.90.891.00.970.840.9-0.961.00.90.97-0.960.9
1.0-0.98-0.88-0.911.00.7-0.960.23-0.590.9-0.140.90.990.980.930.780.971.0-0.980.911.00.98-0.981.0
-0.140.310.480.22-0.14-0.810.4-0.97-0.6-0.56-0.14-0.56-0.15-0.15-0.5-0.73-0.06-0.140.31-0.55-0.14-0.330.31-0.14
0.9-0.96-0.95-0.860.90.94-0.980.61-0.231.00.9-0.560.90.891.00.970.840.9-0.961.00.90.97-0.960.9
0.99-0.98-0.91-0.950.990.69-0.960.21-0.620.90.99-0.150.90.990.930.780.940.99-0.980.910.990.98-0.980.99
0.98-0.96-0.93-0.980.980.68-0.940.18-0.660.890.98-0.150.890.990.910.770.910.98-0.960.890.980.97-0.960.98
0.93-0.98-0.95-0.880.930.91-0.990.56-0.291.00.93-0.51.00.930.910.950.880.93-0.981.00.930.98-0.980.93
0.78-0.88-0.91-0.760.780.99-0.920.77-0.020.970.78-0.730.970.780.770.950.710.78-0.880.970.780.88-0.880.78
0.97-0.95-0.76-0.790.970.63-0.920.19-0.540.840.97-0.060.840.940.910.880.710.97-0.950.850.970.93-0.950.97
1.0-0.98-0.88-0.911.00.7-0.960.23-0.580.91.0-0.140.90.990.980.930.780.97-0.980.911.00.98-0.981.0
-0.981.00.920.9-0.98-0.811.0-0.390.44-0.96-0.980.31-0.96-0.98-0.96-0.98-0.88-0.95-0.98-0.97-0.98-1.01.0-0.98
0.91-0.97-0.95-0.860.910.93-0.990.61-0.241.00.91-0.551.00.910.891.00.970.850.91-0.970.90.97-0.970.9
1.0-0.98-0.88-0.911.00.69-0.960.22-0.590.91.0-0.140.90.990.980.930.780.971.0-0.980.90.98-0.981.0
0.98-1.0-0.94-0.920.980.82-1.00.4-0.450.970.98-0.330.970.980.970.980.880.930.98-1.00.970.98-1.00.98
-0.981.00.920.9-0.98-0.811.0-0.390.44-0.96-0.980.31-0.96-0.98-0.96-0.98-0.88-0.95-0.981.0-0.97-0.98-1.0-0.98
1.0-0.98-0.88-0.911.00.69-0.960.22-0.590.91.0-0.140.90.990.980.930.780.971.0-0.980.91.00.98-0.98
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Target Global Account Relationship Matchups

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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.