TGTX Treasury Stock vs Accounts Payable Analysis

TGTX Stock  USD 34.61  0.46  1.31%   
TG Therapeutics financial indicator trend analysis is much more than just breaking down TG Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TG Therapeutics is a good investment. Please check the relationship between TG Therapeutics Treasury Stock and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TG Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy TGTX Stock please use our How to Invest in TG Therapeutics guide.

Treasury Stock vs Accounts Payable

Treasury Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TG Therapeutics Treasury Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TG Therapeutics' Treasury Stock and Accounts Payable is -0.51. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of TG Therapeutics, assuming nothing else is changed. The correlation between historical values of TG Therapeutics' Treasury Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of TG Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Treasury Stock i.e., TG Therapeutics' Treasury Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Treasury Stock

Accounts Payable

An accounting item on the balance sheet that represents TG Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TG Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from TG Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TG Therapeutics 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 TG Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy TGTX Stock please use our How to Invest in TG Therapeutics guide.At this time, TG Therapeutics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 409.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.6 M in 2024.

TG Therapeutics fundamental ratios Correlations

0.720.82-0.030.8-0.74-0.750.880.470.980.790.820.690.821.0-0.230.390.570.770.52-0.11-0.080.410.760.680.59
0.720.6-0.440.66-0.58-0.620.70.790.730.610.660.50.650.69-0.150.130.490.860.020.010.020.130.780.560.19
0.820.6-0.320.96-0.56-0.80.710.470.80.840.680.730.960.82-0.280.280.610.640.7-0.13-0.110.30.80.680.53
-0.03-0.44-0.32-0.48-0.070.44-0.06-0.69-0.06-0.34-0.26-0.29-0.440.020.080.22-0.37-0.41-0.02-0.06-0.050.23-0.34-0.360.09
0.80.660.96-0.48-0.48-0.870.670.560.780.870.750.741.00.79-0.250.30.710.740.64-0.05-0.030.320.820.780.55
-0.74-0.58-0.56-0.07-0.480.21-0.96-0.35-0.85-0.27-0.33-0.16-0.44-0.750.130.270.09-0.31-0.130.030.050.25-0.5-0.060.05
-0.75-0.62-0.80.44-0.870.21-0.46-0.54-0.66-0.98-0.94-0.85-0.9-0.740.26-0.6-0.92-0.88-0.70.090.05-0.6-0.77-0.95-0.79
0.880.70.71-0.060.67-0.96-0.460.470.960.490.550.370.640.88-0.17-0.070.180.530.27-0.03-0.04-0.050.650.320.16
0.470.790.47-0.690.56-0.35-0.540.470.50.520.510.530.530.42-0.12-0.060.410.68-0.01-0.08-0.09-0.070.520.460.06
0.980.730.8-0.060.78-0.85-0.660.960.50.70.740.590.770.98-0.220.20.430.690.44-0.09-0.070.220.730.550.44
0.790.610.84-0.340.87-0.27-0.980.490.520.70.920.910.90.78-0.350.60.890.840.75-0.24-0.20.610.780.90.82
0.820.660.68-0.260.75-0.33-0.940.550.510.740.920.780.790.81-0.240.60.850.910.62-0.09-0.050.610.760.880.78
0.690.50.73-0.290.74-0.16-0.850.370.530.590.910.780.780.67-0.380.60.80.730.64-0.36-0.320.610.610.810.79
0.820.650.96-0.441.0-0.44-0.90.640.530.770.90.790.780.8-0.250.390.760.770.67-0.06-0.030.40.820.830.62
1.00.690.820.020.79-0.75-0.740.880.420.980.780.810.670.8-0.230.40.560.740.54-0.1-0.070.420.740.670.61
-0.23-0.15-0.280.08-0.250.130.26-0.17-0.12-0.22-0.35-0.24-0.38-0.25-0.23-0.1-0.17-0.18-0.290.360.36-0.11-0.34-0.16-0.23
0.390.130.280.220.30.27-0.6-0.07-0.060.20.60.60.60.390.4-0.10.80.550.48-0.080.01.00.290.760.91
0.570.490.61-0.370.710.09-0.920.180.410.430.890.850.80.760.56-0.170.80.840.59-0.06-0.010.80.60.980.85
0.770.860.64-0.410.74-0.31-0.880.530.680.690.840.910.730.770.74-0.180.550.840.33-0.010.030.550.780.880.62
0.520.020.7-0.020.64-0.13-0.70.27-0.010.440.750.620.640.670.54-0.290.480.590.33-0.22-0.190.50.490.580.76
-0.110.01-0.13-0.06-0.050.030.09-0.03-0.08-0.09-0.24-0.09-0.36-0.06-0.10.36-0.08-0.06-0.01-0.221.0-0.080.1-0.03-0.18
-0.080.02-0.11-0.05-0.030.050.05-0.04-0.09-0.07-0.2-0.05-0.32-0.03-0.070.360.0-0.010.03-0.191.0-0.010.120.03-0.11
0.410.130.30.230.320.25-0.6-0.05-0.070.220.610.610.610.40.42-0.111.00.80.550.5-0.08-0.010.290.760.92
0.760.780.8-0.340.82-0.5-0.770.650.520.730.780.760.610.820.74-0.340.290.60.780.490.10.120.290.650.46
0.680.560.68-0.360.78-0.06-0.950.320.460.550.90.880.810.830.67-0.160.760.980.880.58-0.030.030.760.650.84
0.590.190.530.090.550.05-0.790.160.060.440.820.780.790.620.61-0.230.910.850.620.76-0.18-0.110.920.460.84
Click cells to compare fundamentals

TG Therapeutics Account Relationship Matchups

TG Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.0M625.6M379.6M193.6M329.6M346.1M
Other Current Liab5.4M26.7M61.5M8.0M13.5M14.2M
Total Current Liabilities84.4M87.6M65.4M53.2M53.7M56.4M
Total Stockholder Equity(701.2M)519.4M(1.3B)(1.5B)160.5M168.5M
Property Plant And Equipment Net11.8M11.8M11.1M10.8M8.1M8.6M
Net Debt(71.8M)(511.5M)(219.8M)(19.2M)17.9M18.8M
Retained Earnings(701.2M)(980.6M)(1.3B)(1.5B)(1.5B)(1.4B)
Cash112.6M553.4M298.9M102.3M92.9M59.3M
Non Current Assets Total13.9M13.9M48.7M25.3M11.6M7.5M
Cash And Short Term Investments140.4M605.4M350.3M174.1M217.5M228.4M
Common Stock Shares Outstanding88.4M115.3M132.2M135.4M148.5M155.9M
Liabilities And Stockholders Equity(576.8M)625.6M(1.2B)(1.4B)329.6M346.1M
Other Stockholder Equity(109K)1.5B1.6B1.6B1.7B1.8B
Total Liab124.4M106.3M142.5M135.0M169.1M177.5M
Property Plant And Equipment Gross11.8M11.8M11.1M10.8M9.6M10.0M
Total Current Assets149.2M611.7M331.0M168.3M317.9M333.8M
Non Currrent Assets Other1.3M1.3M1.3M1.3M1.4M1.3M
Net Receivables108.5K95K0.01.4M51.1M53.6M
Non Current Liabilities Total40.0M18.7M77.1M81.8M115.4M121.1M
Other Current Assets611K6.3M14.8M6.6M9.5M10.0M
Accounts Payable30.0M37.0M(457K)42.0M38.5M40.4M
Common Stock Total Equity109K141K143K146K131.4K74.7K
Common Stock109K141K143K146K151K105.2K
Other Assets3.4M13.1M3.1M2.9M329.6M346.1M
Property Plant Equipment282K481K600K307K353.1K370.7K
Short Long Term Debt Total40.8M42.0M79.0M83.1M110.8M116.3M
Short Term Investments27.8M52.0M15.9M59.4M124.6M130.8M
Other Liab762K610K457K305K274.5K260.8K
Short Term Debt1.6M23.8M3.8M3.2M1.4M2.8M
Net Tangible Assets37.8M518.6M310.7M57.8M66.5M118.5M
Retained Earnings Total Equity(701.2M)(980.6M)(1.3B)(1.5B)(1.4B)(1.3B)
Capital Surpluse740.0M1.5B1.6B1.6B1.8B1.9B
Deferred Long Term Liab762K610K457K305K274.5K260.8K

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Additional Tools for TGTX Stock Analysis

When running TG Therapeutics' price analysis, check to measure TG Therapeutics' 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 TG Therapeutics is operating at the current time. Most of TG Therapeutics' value examination focuses on studying past and present price action to predict the probability of TG Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TG Therapeutics' price. Additionally, you may evaluate how the addition of TG Therapeutics to your portfolios can decrease your overall portfolio volatility.