Triumph Total Liab vs Non Current Assets Total Analysis
TGI Stock | USD 19.39 0.44 2.32% |
Triumph financial indicator trend analysis is much more than just breaking down Triumph Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Group is a good investment. Please check the relationship between Triumph Total Liab and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Group. 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.
Total Liab vs Non Current Assets Total
Total Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Group Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Triumph's Total Liab and Non Current Assets Total is 0.63. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Triumph Group, assuming nothing else is changed. The correlation between historical values of Triumph's Total Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Triumph Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Triumph's Total Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Triumph's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Group 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 Group. 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. As of now, Triumph's Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386.9M | 387.5M | 322.8M | 400.6M | Total Revenue | 1.5B | 1.4B | 1.2B | 1.9B |
Triumph fundamental ratios Correlations
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Triumph Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triumph fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0B | 2.5B | 1.8B | 1.7B | 1.7B | 2.4B | |
Short Long Term Debt Total | 1.9B | 2.0B | 1.6B | 1.7B | 1.1B | 870.8M | |
Other Current Liab | 214.3M | 312.6M | 251.8M | 213.3M | 117.0M | 151.8M | |
Total Current Liabilities | 987.8M | 718.4M | 601.5M | 396.9M | 356.3M | 502.2M | |
Total Stockholder Equity | (781.3M) | (818.9M) | (787.4M) | (797.4M) | (104.4M) | (99.2M) | |
Property Plant And Equipment Net | 418.1M | 211.4M | 169.1M | 166.8M | 158.7M | 150.8M | |
Net Debt | 1.4B | 1.4B | 1.3B | 1.5B | 702.2M | 776.7M | |
Retained Earnings | (803.5M) | (1.3B) | (1.3B) | (1.2B) | (695.2M) | (660.4M) | |
Accounts Payable | 457.7M | 179.5M | 161.5M | 173.6M | 167.3M | 198.2M | |
Cash | 485.5M | 589.9M | 240.9M | 227.4M | 392.5M | 412.1M | |
Non Current Assets Total | 1.4B | 896.5M | 798.1M | 781.3M | 746.9M | 1.4B | |
Non Currrent Assets Other | 105.1M | 61.0M | 30.5M | 23.9M | 12.4M | 13.0M | |
Cash And Short Term Investments | 485.5M | 589.9M | 240.9M | 227.4M | 392.5M | 412.1M | |
Net Receivables | 603.9M | 328.7M | 280.5M | 299.8M | 212.6M | 284.0M | |
Common Stock Shares Outstanding | 50.5M | 52.7M | 64.5M | 71.7M | 74.1M | 44.2M | |
Liabilities And Stockholders Equity | 3.0B | 2.5B | 1.8B | 1.7B | 1.7B | 2.4B | |
Non Current Liabilities Total | 2.8B | 2.6B | 1.9B | 2.1B | 1.5B | 1.3B | |
Inventory | 453.0M | 400.4M | 361.7M | 389.2M | 317.7M | 532.0M | |
Other Current Assets | 19.3M | 235.5M | 80.0M | 196.2M | 16.6M | 15.8M | |
Other Stockholder Equity | 768.6M | 965.7M | 973.0M | 964.7M | 1.1B | 1.2B | |
Total Liab | 3.8B | 3.3B | 2.5B | 2.5B | 1.8B | 1.8B | |
Property Plant And Equipment Gross | 418.1M | 211.4M | 613.2M | 605.2M | 477.5M | 455.5M | |
Total Current Assets | 1.6B | 1.6B | 962.6M | 933.5M | 939.4M | 959.0M | |
Accumulated Other Comprehensive Income | (746.4M) | (530.2M) | (463.4M) | (554.6M) | (517.1M) | (491.2M) | |
Short Term Debt | 20.5M | 16.9M | 12.9M | 6.3M | 6.0M | 5.7M | |
Intangible Assets | 382.0M | 102.5M | 84.9M | 73.9M | 65.1M | 61.8M | |
Other Liab | 972.0M | 919.0M | 573.1M | 360.4M | 414.5M | 564.8M | |
Other Assets | 43.6M | 14.4M | 30.5M | 14.1M | 16.2M | 15.3M | |
Long Term Debt | 1.8B | 2.0B | 1.6B | 1.7B | 1.1B | 975.9M | |
Good Will | 513.5M | 521.6M | 513.7M | 509.4M | 510.7M | 807.8M | |
Treasury Stock | (159.2M) | (36.2M) | (12.6M) | (96K) | (86.4K) | (90.7K) | |
Property Plant Equipment | 418.1M | 258.0M | 169.1M | 166.8M | 191.8M | 182.2M | |
Current Deferred Revenue | 295.3M | 204.4M | 171.8M | 44.5M | 55.9M | 53.1M | |
Net Tangible Assets | (1.7B) | (1.4B) | (1.4B) | (1.4B) | (1.2B) | (1.3B) | |
Retained Earnings Total Equity | (830.5M) | (1.3B) | (1.3B) | (1.2B) | (1.1B) | (1.0B) | |
Long Term Debt Total | 1.8B | 2.0B | 1.6B | 1.7B | 1.9B | 1.6B | |
Capital Surpluse | 804.8M | 978.3M | 973.1M | 964.7M | 1.1B | 961.0M |
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When determining whether Triumph Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Triumph's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Triumph Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Triumph Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Group. 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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Aerospace & Defense 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 Triumph. If investors know Triumph 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 Triumph 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 (0.31) | Earnings Share (0.16) | Revenue Per Share 15.722 | Quarterly Revenue Growth 0.01 | Return On Assets 0.0498 |
The market value of Triumph Group is measured differently than its book value, which is the value of Triumph that is recorded on the company's balance sheet. Investors also form their own opinion of Triumph's value that differs from its market value or its book value, called intrinsic value, which is Triumph'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 Triumph's market value can be influenced by many factors that don't directly affect Triumph'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 Triumph's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triumph is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triumph'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.