TITAN Stock | | | 3,307 57.85 1.78% |
Titan Company financial indicator trend analysis is much more than just breaking down Titan Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Limited is a good investment. Please check the relationship between Titan Company Ebitda and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Company Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ebitda vs Depreciation And Amortization
Ebitda vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Titan Limited Ebitda account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Titan Company's Ebitda and Depreciation And Amortization is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Titan Company Limited, assuming nothing else is changed. The correlation between historical values of Titan Company's Ebitda and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Titan Company Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebitda i.e., Titan Company's Ebitda and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Titan Company's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Limited 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 Titan Company Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 2nd of December 2024,
Selling General Administrative is likely to grow to about 3.2
B, while
Tax Provision is likely to drop about 6.6
B.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 2.2B | 3B | 6.2B | 6.5B | Depreciation And Amortization | 4.0B | 4.4B | 5.8B | 6.1B |
Titan Company fundamental ratios Correlations
Click cells to compare fundamentals
Titan Company Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan Company fundamental ratios Accounts
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Other Information on Investing in Titan Stock
Balance Sheet is a snapshot of the
financial position of Titan Limited at a specified time, usually calculated after every quarter, six months, or one year. Titan Company Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titan Company 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 Titan currently owns. An asset can also be divided into two categories, current and non-current.