Target Cash And Short Term Investments vs Retained Earnings Analysis
| TGAAW Stock | USD 0.07 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 Cash And Short Term Investments and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios. 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.
Cash And Short Term Investments vs Retained Earnings
Cash And Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Global Acquisition Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Target Global's Cash And Short Term Investments and Retained Earnings is 0.61. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings 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 Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Target Global Acquisition are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Target Global's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Target Global Acquisition balance sheet. This account contains Target Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Target Global Acquisition fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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.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. 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
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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.