Thunder Common Stock vs Net Working Capital Analysis

THCPW Stock

USD 1.55 0.13 7.74%

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 Common Stock and its Net Working Capital 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.

Common Stock vs Net Working Capital

Common Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Bridge Capital Common Stock account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Thunder Bridge's Common Stock and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Working Capital 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 Common Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Thunder Bridge Capital are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock i.e., Thunder Bridge's Common Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Common Stock

Net Working Capital

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 fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 67.93 in 2024, despite the fact that Issuance Of Capital Stock is likely to grow to (1.71).

	2010	2022	2023	2024 (projected)
Interest Income	7.9K	3.4M	7.8M	4.1M
Net Interest Income	7.9K	3.4M	7.8M	4.1M

Interest Income Net Interest Income

Thunder Bridge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Short Long Term Debt	Short Term Debt	Current Deferred Revenue
Total Assets		-0.98	-0.89	1.0	-0.92	0.97	-0.65	0.79	1.0	1.0	0.79	1.0	1.0	0.84	0.88	0.11	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Other Current Liab	-0.98		0.92	-0.98	0.98	-0.92	0.78	-0.89	-0.98	-0.98	-0.89	-0.98	-0.98	-0.93	-0.95	0.08	0.79	-0.98	-0.92	-0.98	-0.99	-0.98	0.94	0.94	0.94	0.93
Total Current Liabilities	-0.89	0.92		-0.89	0.93	-0.77	0.83	-0.89	-0.89	-0.89	-0.89	-0.92	-0.89	-0.89	-0.93	0.2	0.7	-0.89	-0.91	-0.89	-0.95	-0.89	0.95	0.95	0.95	0.95
Total Stockholder Equity	1.0	-0.98	-0.89		-0.92	0.98	-0.64	0.79	1.0	1.0	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Net Debt	-0.92	0.98	0.93	-0.92		-0.82	0.89	-0.97	-0.92	-0.92	-0.97	-0.92	-0.92	-0.99	-1.0	0.28	0.64	-0.92	-0.98	-0.92	-0.99	-0.92	0.89	0.89	0.89	0.88
Retained Earnings	0.97	-0.92	-0.77	0.98	-0.82		-0.48	0.65	0.97	0.97	0.65	0.96	0.97	0.73	0.77	0.3	-0.94	0.98	0.7	0.97	0.87	0.97	-0.9	-0.9	-0.9	-0.89
Accounts Payable	-0.65	0.78	0.83	-0.64	0.89	-0.48		-0.98	-0.64	-0.64	-0.98	-0.66	-0.64	-0.95	-0.93	0.68	0.25	-0.64	-0.96	-0.64	-0.85	-0.64	0.64	0.64	0.64	0.64
Cash	0.79	-0.89	-0.89	0.79	-0.97	0.65	-0.98		0.79	0.79	1.0	0.79	0.79	0.99	0.99	-0.52	-0.43	0.79	1.0	0.79	0.94	0.79	-0.77	-0.77	-0.77	-0.76
Non Current Assets Total	1.0	-0.98	-0.89	1.0	-0.92	0.97	-0.64	0.79		1.0	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Non Currrent Assets Other	1.0	-0.98	-0.89	1.0	-0.92	0.97	-0.64	0.79	1.0		0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Cash And Short Term Investments	0.79	-0.89	-0.89	0.79	-0.97	0.65	-0.98	1.0	0.79	0.79		0.79	0.79	0.99	0.99	-0.52	-0.43	0.79	1.0	0.79	0.94	0.79	-0.77	-0.77	-0.77	-0.76
Common Stock Shares Outstanding	1.0	-0.98	-0.92	1.0	-0.92	0.96	-0.66	0.79	1.0	1.0	0.79		1.0	0.84	0.88	0.11	-0.89	1.0	0.83	1.0	0.95	1.0	-0.98	-0.98	-0.98	-0.98
Short Term Investments	1.0	-0.98	-0.89	1.0	-0.92	0.97	-0.64	0.79	1.0	1.0	0.79	1.0		0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Non Current Liabilities Total	0.84	-0.93	-0.89	0.84	-0.99	0.73	-0.95	0.99	0.84	0.84	0.99	0.84	0.84		1.0	-0.43	-0.51	0.84	1.0	0.84	0.96	0.84	-0.8	-0.8	-0.8	-0.79
Other Current Assets	0.88	-0.95	-0.93	0.88	-1.0	0.77	-0.93	0.99	0.88	0.88	0.99	0.88	0.88	1.0		-0.37	-0.57	0.88	0.99	0.88	0.98	0.88	-0.85	-0.85	-0.85	-0.84
Other Stockholder Equity	0.11	0.08	0.2	0.12	0.28	0.3	0.68	-0.52	0.12	0.12	-0.52	0.11	0.12	-0.43	-0.37		-0.54	0.12	-0.46	0.12	-0.19	0.12	-0.1	-0.1	-0.1	-0.1
Total Liab	-0.89	0.79	0.7	-0.89	0.64	-0.94	0.25	-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	-0.89	0.89	0.89	0.89	0.88
Net Invested Capital	1.0	-0.98	-0.89	1.0	-0.92	0.98	-0.64	0.79	1.0	1.0	0.79	1.0	1.0	0.84	0.88	0.12	-0.89		0.82	1.0	0.95	1.0	-0.96	-0.96	-0.96	-0.95
Total Current Assets	0.83	-0.92	-0.91	0.83	-0.98	0.7	-0.96	1.0	0.83	0.83	1.0	0.83	0.83	1.0	0.99	-0.46	-0.49	0.82		0.83	0.96	0.83	-0.8	-0.8	-0.8	-0.79
Capital Stock	1.0	-0.98	-0.89	1.0	-0.92	0.97	-0.64	0.79	1.0	1.0	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83		0.95	1.0	-0.96	-0.96	-0.96	-0.95
Net Working Capital	0.95	-0.99	-0.95	0.95	-0.99	0.87	-0.85	0.94	0.95	0.95	0.94	0.95	0.95	0.96	0.98	-0.19	-0.72	0.95	0.96	0.95		0.95	-0.93	-0.93	-0.93	-0.92
Common Stock	1.0	-0.98	-0.89	1.0	-0.92	0.97	-0.64	0.79	1.0	1.0	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95		-0.96	-0.96	-0.96	-0.95
Short Long Term Debt Total	-0.96	0.94	0.95	-0.96	0.89	-0.9	0.64	-0.77	-0.96	-0.96	-0.77	-0.98	-0.96	-0.8	-0.85	-0.1	0.89	-0.96	-0.8	-0.96	-0.93	-0.96		1.0	1.0	1.0
Short Long Term Debt	-0.96	0.94	0.95	-0.96	0.89	-0.9	0.64	-0.77	-0.96	-0.96	-0.77	-0.98	-0.96	-0.8	-0.85	-0.1	0.89	-0.96	-0.8	-0.96	-0.93	-0.96	1.0		1.0	1.0
Short Term Debt	-0.96	0.94	0.95	-0.96	0.89	-0.9	0.64	-0.77	-0.96	-0.96	-0.77	-0.98	-0.96	-0.8	-0.85	-0.1	0.89	-0.96	-0.8	-0.96	-0.93	-0.96	1.0	1.0		1.0
Current Deferred Revenue	-0.95	0.93	0.95	-0.95	0.88	-0.89	0.64	-0.76	-0.95	-0.95	-0.76	-0.98	-0.95	-0.79	-0.84	-0.1	0.88	-0.95	-0.79	-0.95	-0.92	-0.95	1.0	1.0	1.0

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Thunder Common Stock vs Net Working Capital Analysis

Common Stock vs Net Working Capital

Common Stock vs Net Working Capital Correlation Analysis

Correlation Coefficient

Common Stock

Net Working Capital

Thunder Bridge fundamental ratios Correlations

Thunder Bridge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets

Other Current Assets	- 1.0	Net Debt
Net Working Capital	- 0.99	Net Debt
Non Current Liabilities Total	- 0.99	Net Debt
Net Working Capital	- 0.99	Other Current Liab
Current Deferred Revenue	- 0.98	Common Stock Shares Outstanding
Short Term Debt	- 0.98	Common Stock Shares Outstanding