Thunder Retained Earnings vs Common Stock Shares Outstanding Analysis

THCPU Stock  USD 11.19  0.69  6.57%   
Thunder Bridge financial indicator trend analysis is much more than just breaking down Thunder Bridge Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Bridge Capital is a good investment. Please check the relationship between Thunder Bridge Retained Earnings and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thunder Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Bridge Capital Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Thunder Bridge's Retained Earnings and Common Stock Shares Outstanding is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Thunder Bridge Capital, assuming nothing else is changed. The correlation between historical values of Thunder Bridge's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Thunder Bridge Capital are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Thunder Bridge's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Thunder Bridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunder Bridge Capital 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 Thunder Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Thunder Bridge's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 67.93 in 2024, whereas Enterprise Value is likely to drop slightly above 237.9 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Income7.9K3.4M7.8M4.1M
Net Interest Income7.9K3.4M7.8M4.1M

Thunder Bridge fundamental ratios Correlations

-1.0-0.891.0-0.920.97-0.60.791.01.00.791.01.00.840.880.11-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
-1.00.9-1.00.94-0.960.65-0.83-1.0-1.0-0.83-0.99-1.0-0.88-0.91-0.050.86-1.0-0.86-1.0-0.97-1.00.950.950.950.94
-0.890.9-0.890.93-0.770.79-0.89-0.89-0.89-0.89-0.92-0.89-0.89-0.930.20.7-0.89-0.91-0.89-0.95-0.890.950.950.950.95
1.0-1.0-0.89-0.920.98-0.60.791.01.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
-0.920.940.93-0.92-0.820.86-0.97-0.92-0.92-0.97-0.92-0.92-0.99-1.00.280.64-0.92-0.98-0.92-0.99-0.920.890.890.890.88
0.97-0.96-0.770.98-0.82-0.430.650.970.970.650.960.970.730.770.3-0.940.980.70.970.870.97-0.9-0.9-0.9-0.89
-0.60.650.79-0.60.86-0.43-0.96-0.6-0.6-0.96-0.61-0.6-0.93-0.910.730.18-0.6-0.95-0.6-0.81-0.60.590.590.590.59
0.79-0.83-0.890.79-0.970.65-0.960.790.791.00.790.790.990.99-0.52-0.430.791.00.790.940.79-0.77-0.77-0.77-0.76
1.0-1.0-0.891.0-0.920.97-0.60.791.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
1.0-1.0-0.891.0-0.920.97-0.60.791.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
0.79-0.83-0.890.79-0.970.65-0.961.00.790.790.790.790.990.99-0.52-0.430.791.00.790.940.79-0.77-0.77-0.77-0.76
1.0-0.99-0.921.0-0.920.96-0.610.791.01.00.791.00.840.880.11-0.891.00.831.00.951.0-0.98-0.98-0.98-0.98
1.0-1.0-0.891.0-0.920.97-0.60.791.01.00.791.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
0.84-0.88-0.890.84-0.990.73-0.930.990.840.840.990.840.841.0-0.43-0.510.841.00.840.960.84-0.8-0.8-0.8-0.79
0.88-0.91-0.930.88-1.00.77-0.910.990.880.880.990.880.881.0-0.37-0.570.880.990.880.980.88-0.85-0.85-0.85-0.84
0.11-0.050.20.120.280.30.73-0.520.120.12-0.520.110.12-0.43-0.37-0.540.12-0.460.12-0.190.12-0.1-0.1-0.1-0.1
-0.890.860.7-0.890.64-0.940.18-0.43-0.89-0.89-0.43-0.89-0.89-0.51-0.57-0.54-0.89-0.49-0.89-0.72-0.890.890.890.890.88
1.0-1.0-0.891.0-0.920.98-0.60.791.01.00.791.01.00.840.880.12-0.890.821.00.951.0-0.96-0.96-0.96-0.95
0.83-0.86-0.910.83-0.980.7-0.951.00.830.831.00.830.831.00.99-0.46-0.490.820.830.960.83-0.8-0.8-0.8-0.79
1.0-1.0-0.891.0-0.920.97-0.60.791.01.00.791.01.00.840.880.12-0.891.00.830.951.0-0.96-0.96-0.96-0.95
0.95-0.97-0.950.95-0.990.87-0.810.940.950.950.940.950.950.960.98-0.19-0.720.950.960.950.95-0.93-0.93-0.93-0.92
1.0-1.0-0.891.0-0.920.97-0.60.791.01.00.791.01.00.840.880.12-0.891.00.831.00.95-0.96-0.96-0.96-0.95
-0.960.950.95-0.960.89-0.90.59-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.960.950.95-0.960.89-0.90.59-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.960.950.95-0.960.89-0.90.59-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.950.940.95-0.950.88-0.890.59-0.76-0.95-0.95-0.76-0.98-0.95-0.79-0.84-0.10.88-0.95-0.79-0.95-0.92-0.951.01.01.0
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Thunder Bridge Account Relationship Matchups

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Additional Tools for Thunder Stock Analysis

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