Treasure Total Stockholder Equity vs Total Current Assets 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 Total Stockholder Equity and its Total Current Assets 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.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Treasure Global Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Treasure Global's Total Stockholder Equity and Total Current Assets is -0.35. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets 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 Total Stockholder Equity 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 Total Stockholder Equity of Treasure Global 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 Total Stockholder Equity i.e., Treasure Global's Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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 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
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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.