Team Net Debt vs Other Current Assets Analysis

TIG Stock

81.00 1.00 1.22%

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 Net Debt and its Other Current Assets 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.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Team Internet Group Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Team Internet's Net Debt and Other Current Assets is 0.64. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets 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 Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Team Internet Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Team Internet's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Profit	118.5M	177.7M	191.1M	200.7M
Total Revenue	410.5M	728.2M	836.9M	878.7M

Gross Profit Total Revenue

Team Internet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.99	0.99	0.99	0.98	0.92	0.25	0.89	0.85	0.97	0.95	0.99	0.57	0.21	0.95	0.98	1.0	0.97	0.91	0.99	0.22	0.6	0.32	1.0	0.91	0.98
Other Current Liab	0.99		0.99	0.98	0.98	0.88	0.19	0.85	0.83	0.98	0.97	0.98	0.56	0.18	0.97	0.98	0.99	0.95	0.9	0.98	0.2	0.55	0.33	0.99	0.88	0.99
Total Current Liabilities	0.99	0.99		0.98	0.98	0.86	0.16	0.84	0.89	0.99	0.98	0.97	0.64	0.19	0.98	0.99	0.98	0.95	0.87	0.96	0.18	0.52	0.24	0.99	0.92	0.99
Total Stockholder Equity	0.99	0.98	0.98		0.97	0.9	0.31	0.85	0.82	0.95	0.94	0.99	0.52	0.19	0.94	0.95	0.99	0.98	0.91	0.97	0.32	0.67	0.4	0.98	0.87	0.97
Other Liab	0.98	0.98	0.98	0.97		0.85	0.24	0.85	0.86	0.96	0.94	0.97	0.67	0.07	0.94	0.98	0.98	0.95	0.86	0.96	0.24	0.55	0.29	0.98	0.92	0.97
Property Plant And Equipment Net	0.92	0.88	0.86	0.9	0.85		0.35	0.97	0.73	0.84	0.78	0.94	0.36	0.37	0.78	0.84	0.92	0.93	0.88	0.96	0.15	0.69	0.3	0.92	0.83	0.84
Current Deferred Revenue	0.25	0.19	0.16	0.31	0.24	0.35		0.37	-0.06	0.02	0.02	0.32	-0.21	0.15	0.02	0.07	0.28	0.38	0.37	0.28	0.77	0.77	0.66	0.22	0.07	0.09
Net Debt	0.89	0.85	0.84	0.85	0.85	0.97	0.37		0.74	0.81	0.73	0.92	0.46	0.28	0.73	0.82	0.9	0.9	0.83	0.94	0.11	0.64	0.2	0.9	0.86	0.8
Retained Earnings	0.85	0.83	0.89	0.82	0.86	0.73	-0.06	0.74		0.91	0.87	0.82	0.84	0.12	0.87	0.92	0.85	0.83	0.67	0.81	-0.03	0.4	-0.17	0.86	0.96	0.89
Accounts Payable	0.97	0.98	0.99	0.95	0.96	0.84	0.02	0.81	0.91		0.98	0.94	0.67	0.2	0.98	1.0	0.96	0.91	0.84	0.94	0.08	0.44	0.14	0.97	0.92	0.99
Cash	0.95	0.97	0.98	0.94	0.94	0.78	0.02	0.73	0.87	0.98		0.91	0.64	0.17	1.0	0.98	0.93	0.89	0.82	0.91	0.11	0.42	0.21	0.95	0.88	0.99
Non Current Assets Total	0.99	0.98	0.97	0.99	0.97	0.94	0.32	0.92	0.82	0.94	0.91		0.52	0.21	0.91	0.95	1.0	0.98	0.92	0.99	0.25	0.66	0.36	0.99	0.89	0.95
Non Currrent Assets Other	0.57	0.56	0.64	0.52	0.67	0.36	-0.21	0.46	0.84	0.67	0.64	0.52		-0.17	0.64	0.7	0.57	0.54	0.32	0.51	-0.12	0.04	-0.4	0.58	0.81	0.65
Other Assets	0.21	0.18	0.19	0.19	0.07	0.37	0.15	0.28	0.12	0.2	0.17	0.21	-0.17		0.17	0.15	0.2	0.25	0.3	0.23	0.09	0.15	-0.04	0.21	0.13	0.19
Cash And Short Term Investments	0.95	0.97	0.98	0.94	0.94	0.78	0.02	0.73	0.87	0.98	1.0	0.91	0.64	0.17		0.98	0.93	0.89	0.82	0.91	0.11	0.42	0.21	0.95	0.88	0.99
Net Receivables	0.98	0.98	0.99	0.95	0.98	0.84	0.07	0.82	0.92	1.0	0.98	0.95	0.7	0.15	0.98		0.97	0.92	0.84	0.95	0.1	0.46	0.15	0.98	0.94	0.99
Good Will	1.0	0.99	0.98	0.99	0.98	0.92	0.28	0.9	0.85	0.96	0.93	1.0	0.57	0.2	0.93	0.97		0.98	0.91	0.99	0.24	0.63	0.32	1.0	0.91	0.97
Common Stock Total Equity	0.97	0.95	0.95	0.98	0.95	0.93	0.38	0.9	0.83	0.91	0.89	0.98	0.54	0.25	0.89	0.92	0.98		0.89	0.96	0.33	0.7	0.34	0.96	0.9	0.93
Common Stock Shares Outstanding	0.91	0.9	0.87	0.91	0.86	0.88	0.37	0.83	0.67	0.84	0.82	0.92	0.32	0.3	0.82	0.84	0.91	0.89		0.91	0.29	0.68	0.45	0.9	0.74	0.85
Non Current Liabilities Total	0.99	0.98	0.96	0.97	0.96	0.96	0.28	0.94	0.81	0.94	0.91	0.99	0.51	0.23	0.91	0.95	0.99	0.96	0.91		0.17	0.62	0.32	0.99	0.9	0.94
Inventory	0.22	0.2	0.18	0.32	0.24	0.15	0.77	0.11	-0.03	0.08	0.11	0.25	-0.12	0.09	0.11	0.1	0.24	0.33	0.29	0.17		0.56	0.7	0.18	0.01	0.14
Other Current Assets	0.6	0.55	0.52	0.67	0.55	0.69	0.77	0.64	0.4	0.44	0.42	0.66	0.04	0.15	0.42	0.46	0.63	0.7	0.68	0.62	0.56		0.57	0.58	0.44	0.48
Other Stockholder Equity	0.32	0.33	0.24	0.4	0.29	0.3	0.66	0.2	-0.17	0.14	0.21	0.36	-0.4	-0.04	0.21	0.15	0.32	0.34	0.45	0.32	0.7	0.57		0.28	-0.06	0.22
Total Liab	1.0	0.99	0.99	0.98	0.98	0.92	0.22	0.9	0.86	0.97	0.95	0.99	0.58	0.21	0.95	0.98	1.0	0.96	0.9	0.99	0.18	0.58	0.28		0.92	0.98
Property Plant And Equipment Gross	0.91	0.88	0.92	0.87	0.92	0.83	0.07	0.86	0.96	0.92	0.88	0.89	0.81	0.13	0.88	0.94	0.91	0.9	0.74	0.9	0.01	0.44	-0.06	0.92		0.91
Total Current Assets	0.98	0.99	0.99	0.97	0.97	0.84	0.09	0.8	0.89	0.99	0.99	0.95	0.65	0.19	0.99	0.99	0.97	0.93	0.85	0.94	0.14	0.48	0.22	0.98	0.91

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Team Internet Account Relationship Matchups

Team Internet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	285.0M	348.2M	400.2M	558.6M	546.7M	574.0M
Other Current Liab	42.6M	44.1M	57.7M	93.1M	82.4M	86.5M
Total Current Liabilities	78.8M	96.4M	137.1M	197.6M	208.3M	218.7M
Total Stockholder Equity	77.1M	113.9M	114.0M	167M	153.5M	161.2M
Other Liab	26.4M	24.8M	24.8M	44.2M	50.8M	53.4M
Property Plant And Equipment Net	6.4M	8.7M	8.6M	7.3M	7.2M	7.6M
Current Deferred Revenue	17.4M	20.7M	13.3M	5.3M	4.5M	4.3M
Net Debt	75.0M	85.0M	75.0M	56.4M	78.7M	82.6M
Retained Earnings	(7.5M)	56.1M	52.5M	50M	128.5M	134.9M
Accounts Payable	15.6M	23.9M	42.1M	62.5M	67.1M	70.5M
Cash	26.2M	28.7M	56.1M	94.8M	92.7M	97.3M
Non Current Assets Total	217.5M	270.6M	271.8M	365M	347.1M	364.5M
Non Currrent Assets Other	1.4M	661K	439K	300K	12.9M	13.5M
Cash And Short Term Investments	26.2M	28.7M	56.1M	94.8M	92.7M	97.3M
Net Receivables	26.2M	34.0M	49.0M	76.9M	88.1M	92.5M
Good Will	110.2M	149.7M	156.0M	213.7M	216.6M	227.4M
Common Stock Total Equity	129.7K	217.0K	232K	294K	338.1K	355.0K
Common Stock Shares Outstanding	175.1M	196.7M	227.4M	268.2M	282.0M	142.2M
Liabilities And Stockholders Equity	285.0M	348.2M	400.2M	558.6M	546.7M	574.0M
Non Current Liabilities Total	129.2M	137.9M	149.1M	194M	184.9M	194.1M
Inventory	491K	1.0M	895K	600K	200K	190K
Other Current Assets	14.6M	47.9M	22.4M	21.3M	18.6M	15.4M
Other Stockholder Equity	50.2M	39.8M	19.9M	74.3M	1.0	0.95
Total Liab	208.0M	234.3M	286.2M	391.6M	393.2M	412.9M
Property Plant And Equipment Gross	6.4M	8.7M	8.6M	7.4M	18.9M	19.8M
Total Current Assets	67.4M	77.6M	128.4M	193.6M	199.6M	209.6M
Accumulated Other Comprehensive Income	9.5M	17.7M	21.3M	18.4M	24.7M	25.9M
Intangible Assets	95.8M	106.1M	98.1M	134.2M	110.4M	115.9M
Common Stock	216K	232K	290K	300K	345K	185.0K
Property Plant Equipment	6.4M	8.7M	8.6M	7.4M	8.5M	8.9M
Net Tangible Assets	(129.0M)	(139.8M)	(140.2M)	(180.8M)	(162.7M)	(154.6M)
Deferred Long Term Liab	639K	600K	439K	284K	255.6K	242.8K
Short Long Term Debt Total	101.2M	113.6M	131.1M	151.2M	171.4M	99.0M
Long Term Debt	99.0M	107.8M	119.3M	145.9M	147.7M	91.4M
Short Long Term Debt	2.2M	5.8M	11.9M	5.3M	18.9M	19.8M
Short Term Debt	3.1M	7.2M	13.7M	7.2M	20.5M	21.5M
Net Invested Capital	178.3M	230.2M	245.1M	318.3M	320.1M	228.4M

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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.

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Team Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

Team Internet fundamental ratios Correlations

Team Internet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Team Internet fundamental ratios Accounts

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Good Will	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Receivables	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Good Will

Other Stockholder Equity	- 0.4	Non Currrent Assets Other
Non Currrent Assets Other	- 0.21	Current Deferred Revenue
Other Assets	- 0.17	Non Currrent Assets Other
Other Stockholder Equity	- 0.17	Retained Earnings
Inventory	- 0.12	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.06	Other Stockholder Equity