Thunder Total Current Assets vs Capital Stock 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 Total Current Assets and its Capital Stock 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.

Total Current Assets vs Capital Stock

Total Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Bridge Capital Total Current Assets account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Thunder Bridge's Total Current Assets and Capital Stock is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Stock 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 Total Current Assets and Capital Stock 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 Current Assets of Thunder Bridge Capital are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Assets i.e., Thunder Bridge's Total Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Income7.9K3.4M7.8M4.1M
Net Interest Income7.9K3.4M7.8M4.1M

Thunder Bridge fundamental ratios Correlations

-0.98-0.891.0-0.920.97-0.650.791.01.00.791.01.00.840.880.11-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
-0.980.92-0.980.98-0.920.78-0.89-0.98-0.98-0.89-0.98-0.98-0.93-0.950.080.79-0.98-0.92-0.98-0.99-0.980.940.940.940.93
-0.890.92-0.890.93-0.770.83-0.89-0.89-0.89-0.89-0.92-0.89-0.89-0.930.20.7-0.89-0.91-0.89-0.95-0.890.950.950.950.95
1.0-0.98-0.89-0.920.98-0.640.791.01.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
-0.920.980.93-0.92-0.820.89-0.97-0.92-0.92-0.97-0.92-0.92-0.99-1.00.280.64-0.92-0.98-0.92-0.99-0.920.890.890.890.88
0.97-0.92-0.770.98-0.82-0.480.650.970.970.650.960.970.730.770.3-0.940.980.70.970.870.97-0.9-0.9-0.9-0.89
-0.650.780.83-0.640.89-0.48-0.98-0.64-0.64-0.98-0.66-0.64-0.95-0.930.680.25-0.64-0.96-0.64-0.85-0.640.640.640.640.64
0.79-0.89-0.890.79-0.970.65-0.980.790.791.00.790.790.990.99-0.52-0.430.791.00.790.940.79-0.77-0.77-0.77-0.76
1.0-0.98-0.891.0-0.920.97-0.640.791.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
1.0-0.98-0.891.0-0.920.97-0.640.791.00.791.01.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
0.79-0.89-0.890.79-0.970.65-0.981.00.790.790.790.790.990.99-0.52-0.430.791.00.790.940.79-0.77-0.77-0.77-0.76
1.0-0.98-0.921.0-0.920.96-0.660.791.01.00.791.00.840.880.11-0.891.00.831.00.951.0-0.98-0.98-0.98-0.98
1.0-0.98-0.891.0-0.920.97-0.640.791.01.00.791.00.840.880.12-0.891.00.831.00.951.0-0.96-0.96-0.96-0.95
0.84-0.93-0.890.84-0.990.73-0.950.990.840.840.990.840.841.0-0.43-0.510.841.00.840.960.84-0.8-0.8-0.8-0.79
0.88-0.95-0.930.88-1.00.77-0.930.990.880.880.990.880.881.0-0.37-0.570.880.990.880.980.88-0.85-0.85-0.85-0.84
0.110.080.20.120.280.30.68-0.520.120.12-0.520.110.12-0.43-0.37-0.540.12-0.460.12-0.190.12-0.1-0.1-0.1-0.1
-0.890.790.7-0.890.64-0.940.25-0.43-0.89-0.89-0.43-0.89-0.89-0.51-0.57-0.54-0.89-0.49-0.89-0.72-0.890.890.890.890.88
1.0-0.98-0.891.0-0.920.98-0.640.791.01.00.791.01.00.840.880.12-0.890.821.00.951.0-0.96-0.96-0.96-0.95
0.83-0.92-0.910.83-0.980.7-0.961.00.830.831.00.830.831.00.99-0.46-0.490.820.830.960.83-0.8-0.8-0.8-0.79
1.0-0.98-0.891.0-0.920.97-0.640.791.01.00.791.01.00.840.880.12-0.891.00.830.951.0-0.96-0.96-0.96-0.95
0.95-0.99-0.950.95-0.990.87-0.850.940.950.950.940.950.950.960.98-0.19-0.720.950.960.950.95-0.93-0.93-0.93-0.92
1.0-0.98-0.891.0-0.920.97-0.640.791.01.00.791.01.00.840.880.12-0.891.00.831.00.95-0.96-0.96-0.96-0.95
-0.960.940.95-0.960.89-0.90.64-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.960.940.95-0.960.89-0.90.64-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.960.940.95-0.960.89-0.90.64-0.77-0.96-0.96-0.77-0.98-0.96-0.8-0.85-0.10.89-0.96-0.8-0.96-0.93-0.961.01.01.0
-0.950.930.95-0.950.88-0.890.64-0.76-0.95-0.95-0.76-0.98-0.95-0.79-0.84-0.10.88-0.95-0.79-0.95-0.92-0.951.01.01.0
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Thunder Bridge Account Relationship Matchups

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