Treasure Property Plant And Equipment Gross vs Total Current Liabilities Analysis
| TGL Stock | USD 0.33 0.02 6.45% |
Treasure Global financial indicator trend analysis is much more than just breaking down Treasure Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Treasure Global is a good investment. Please check the relationship between Treasure Global Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treasure Global. 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 information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.
Property Plant And Equipment Gross vs Total Current Liabilities
Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Treasure Global Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Treasure Global's Property Plant And Equipment Gross and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Treasure Global, assuming nothing else is changed. The correlation between historical values of Treasure Global's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Treasure Global 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 Property Plant And Equipment Gross i.e., Treasure Global's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Property Plant And Equipment Gross
Total Current Liabilities
Total Current Liabilities is an item on Treasure 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 Treasure Global 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 Treasure Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Treasure Global 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 Treasure Global. 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 information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.Issuance Of Capital Stock is expected to rise to about 4.4 M this year, although the value of Tax Provision will most likely fall to about 34.1 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 476.2K | 523.3K | 816.1K | 439.7K | Total Revenue | 79.7M | 69.4M | 22.1M | 40.8M |
Treasure Global fundamental ratios Correlations
Click cells to compare fundamentals
Treasure Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Application Software 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 Treasure Global. If investors know Treasure 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 Treasure Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share 25.699 | Quarterly Revenue Growth (0.98) | Return On Assets (0.71) | Return On Equity (4.05) |
The market value of Treasure Global is measured differently than its book value, which is the value of Treasure that is recorded on the company's balance sheet. Investors also form their own opinion of Treasure Global's value that differs from its market value or its book value, called intrinsic value, which is Treasure Global'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 Treasure Global's market value can be influenced by many factors that don't directly affect Treasure Global'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 Treasure Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treasure Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treasure Global'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.