Team Good Will vs Retained Earnings Analysis

TIG Stock   81.00  2.00  2.53%   
Team Internet financial indicator trend analysis is much more than just breaking down Team Internet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Team Internet Group is a good investment. Please check the relationship between Team Internet Good Will and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Team Internet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Team Internet Group Good Will account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Team Internet's Good Will and Retained Earnings is 0.85. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Team Internet Group, assuming nothing else is changed. The correlation between historical values of Team Internet's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Team Internet Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Team Internet's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
Most indicators from Team Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Team Internet Group 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 Team Internet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 167.2 M, whereas Tax Provision is forecasted to decline to about 3.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit118.5M177.7M191.1M200.7M
Total Revenue410.5M728.2M836.9M878.7M

Team Internet fundamental ratios Correlations

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0.990.990.980.980.880.190.850.830.980.970.980.560.180.970.980.990.950.90.980.20.550.330.990.880.99
0.990.990.980.980.860.160.840.890.990.980.970.640.190.980.990.980.950.870.960.180.520.240.990.920.99
0.990.980.980.970.90.310.850.820.950.940.990.520.190.940.950.990.980.910.970.320.670.40.980.870.97
0.980.980.980.970.850.240.850.860.960.940.970.670.070.940.980.980.950.860.960.240.550.290.980.920.97
0.920.880.860.90.850.350.970.730.840.780.940.360.370.780.840.920.930.880.960.150.690.30.920.830.84
0.250.190.160.310.240.350.37-0.060.020.020.32-0.210.150.020.070.280.380.370.280.770.770.660.220.070.09
0.890.850.840.850.850.970.370.740.810.730.920.460.280.730.820.90.90.830.940.110.640.20.90.860.8
0.850.830.890.820.860.73-0.060.740.910.870.820.840.120.870.920.850.830.670.81-0.030.4-0.170.860.960.89
0.970.980.990.950.960.840.020.810.910.980.940.670.20.981.00.960.910.840.940.080.440.140.970.920.99
0.950.970.980.940.940.780.020.730.870.980.910.640.171.00.980.930.890.820.910.110.420.210.950.880.99
0.990.980.970.990.970.940.320.920.820.940.910.520.210.910.951.00.980.920.990.250.660.360.990.890.95
0.570.560.640.520.670.36-0.210.460.840.670.640.52-0.170.640.70.570.540.320.51-0.120.04-0.40.580.810.65
0.210.180.190.190.070.370.150.280.120.20.170.21-0.170.170.150.20.250.30.230.090.15-0.040.210.130.19
0.950.970.980.940.940.780.020.730.870.981.00.910.640.170.980.930.890.820.910.110.420.210.950.880.99
0.980.980.990.950.980.840.070.820.921.00.980.950.70.150.980.970.920.840.950.10.460.150.980.940.99
1.00.990.980.990.980.920.280.90.850.960.931.00.570.20.930.970.980.910.990.240.630.321.00.910.97
0.970.950.950.980.950.930.380.90.830.910.890.980.540.250.890.920.980.890.960.330.70.340.960.90.93
0.910.90.870.910.860.880.370.830.670.840.820.920.320.30.820.840.910.890.910.290.680.450.90.740.85
0.990.980.960.970.960.960.280.940.810.940.910.990.510.230.910.950.990.960.910.170.620.320.990.90.94
0.220.20.180.320.240.150.770.11-0.030.080.110.25-0.120.090.110.10.240.330.290.170.560.70.180.010.14
0.60.550.520.670.550.690.770.640.40.440.420.660.040.150.420.460.630.70.680.620.560.570.580.440.48
0.320.330.240.40.290.30.660.2-0.170.140.210.36-0.4-0.040.210.150.320.340.450.320.70.570.28-0.060.22
1.00.990.990.980.980.920.220.90.860.970.950.990.580.210.950.981.00.960.90.990.180.580.280.920.98
0.910.880.920.870.920.830.070.860.960.920.880.890.810.130.880.940.910.90.740.90.010.44-0.060.920.91
0.980.990.990.970.970.840.090.80.890.990.990.950.650.190.990.990.970.930.850.940.140.480.220.980.91
Click cells to compare fundamentals

Team Internet Account Relationship Matchups

Team Internet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets285.0M348.2M400.2M558.6M546.7M574.0M
Other Current Liab42.6M44.1M57.7M93.1M82.4M86.5M
Total Current Liabilities78.8M96.4M137.1M197.6M208.3M218.7M
Total Stockholder Equity77.1M113.9M114.0M167M153.5M161.2M
Other Liab26.4M24.8M24.8M44.2M50.8M53.4M
Property Plant And Equipment Net6.4M8.7M8.6M7.3M7.2M7.6M
Current Deferred Revenue17.4M20.7M13.3M5.3M4.5M4.3M
Net Debt75.0M85.0M75.0M56.4M78.7M82.6M
Retained Earnings(7.5M)56.1M52.5M50M128.5M134.9M
Accounts Payable15.6M23.9M42.1M62.5M67.1M70.5M
Cash26.2M28.7M56.1M94.8M92.7M97.3M
Non Current Assets Total217.5M270.6M271.8M365M347.1M364.5M
Non Currrent Assets Other1.4M661K439K300K12.9M13.5M
Cash And Short Term Investments26.2M28.7M56.1M94.8M92.7M97.3M
Net Receivables26.2M34.0M49.0M76.9M88.1M92.5M
Good Will110.2M149.7M156.0M213.7M216.6M227.4M
Common Stock Total Equity129.7K217.0K232K294K338.1K355.0K
Common Stock Shares Outstanding175.1M196.7M227.4M268.2M282.0M142.2M
Liabilities And Stockholders Equity285.0M348.2M400.2M558.6M546.7M574.0M
Non Current Liabilities Total129.2M137.9M149.1M194M184.9M194.1M
Inventory491K1.0M895K600K200K190K
Other Current Assets14.6M47.9M22.4M21.3M18.6M15.4M
Other Stockholder Equity50.2M39.8M19.9M74.3M1.00.95
Total Liab208.0M234.3M286.2M391.6M393.2M412.9M
Property Plant And Equipment Gross6.4M8.7M8.6M7.4M18.9M19.8M
Total Current Assets67.4M77.6M128.4M193.6M199.6M209.6M
Accumulated Other Comprehensive Income9.5M17.7M21.3M18.4M24.7M25.9M
Intangible Assets95.8M106.1M98.1M134.2M110.4M115.9M
Common Stock216K232K290K300K345K185.0K
Property Plant Equipment6.4M8.7M8.6M7.4M8.5M8.9M
Net Tangible Assets(129.0M)(139.8M)(140.2M)(180.8M)(162.7M)(154.6M)
Deferred Long Term Liab639K600K439K284K255.6K242.8K
Short Long Term Debt Total101.2M113.6M131.1M151.2M171.4M99.0M
Long Term Debt99.0M107.8M119.3M145.9M147.7M91.4M
Short Long Term Debt2.2M5.8M11.9M5.3M18.9M19.8M
Short Term Debt3.1M7.2M13.7M7.2M20.5M21.5M
Net Invested Capital178.3M230.2M245.1M318.3M320.1M228.4M

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Other Information on Investing in Team Stock

Balance Sheet is a snapshot of the financial position of Team Internet Group at a specified time, usually calculated after every quarter, six months, or one year. Team Internet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Team Internet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Team currently owns. An asset can also be divided into two categories, current and non-current.