Tandy Deferred Long Term Liab vs Short Term Investments Analysis
TLF Stock | USD 4.21 0.01 0.24% |
Tandy Leather financial indicator trend analysis is much more than just breaking down Tandy Leather Factory prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tandy Leather Factory is a good investment. Please check the relationship between Tandy Leather Deferred Long Term Liab and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. 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.
Deferred Long Term Liab vs Short Term Investments
Deferred Long Term Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandy Leather Factory Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tandy Leather's Deferred Long Term Liab and Short Term Investments is 0.4. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Tandy Leather Factory, assuming nothing else is changed. The correlation between historical values of Tandy Leather's Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Tandy Leather Factory are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Tandy Leather's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Short Term Investments
Short Term Investments is an item under the current assets section of Tandy Leather balance sheet. It contains any investments Tandy Leather Factory undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tandy Leather Factory can easily liquidate in the marketplace.Most indicators from Tandy Leather's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tandy Leather Factory 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 Tandy Leather Factory. 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. At this time, Tandy Leather's Tax Provision is most likely to decrease significantly in the upcoming years. The Tandy Leather's current Enterprise Value is estimated to increase to about 37.7 M, while Selling General Administrative is projected to decrease to roughly 28.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16K | 9K | 8.1K | 7.7K | Depreciation And Amortization | 4.3M | 4.4M | 4.6M | 4.9M |
Tandy Leather fundamental ratios Correlations
Click cells to compare fundamentals
Tandy Leather Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tandy Leather fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 80.1M | 75.7M | 73.1M | 68.6M | 72.1M | 46.4M | |
Short Long Term Debt Total | 14.5M | 13.3M | 11.7M | 10.4M | 9.4M | 6.4M | |
Other Current Liab | 1.9M | 3.6M | 4.0M | (1.2M) | (255K) | (242.3K) | |
Total Current Liabilities | 12.2M | 12.9M | 12.2M | 8.9M | 8.9M | 7.9M | |
Total Stockholder Equity | 56.4M | 52.2M | 51.5M | 51.5M | 56.3M | 33.7M | |
Property Plant And Equipment Net | 26.8M | 24.2M | 22.2M | 20.9M | 19.6M | 10.1M | |
Net Debt | (1.4M) | 2.9M | 1.5M | 2.4M | (2.7M) | (2.6M) | |
Retained Earnings | 62.2M | 57.3M | 58.7M | 59.9M | 63.7M | 32.5M | |
Accounts Payable | 6.2M | 4.8M | 3.8M | 3.1M | 2.3M | 2.1M | |
Cash | 15.9M | 10.3M | 10.2M | 8.0M | 12.2M | 7.5M | |
Non Current Assets Total | 27.6M | 24.7M | 22.6M | 21.3M | 20.9M | 12.8M | |
Cash And Short Term Investments | 25.1M | 10.3M | 10.2M | 8.0M | 12.2M | 8.2M | |
Net Receivables | 408.7K | 3.1M | 1.6M | 672K | 512K | 486.4K | |
Common Stock Shares Outstanding | 9.0M | 9.1M | 8.7M | 8.4M | 8.4M | 8.0M | |
Liabilities And Stockholders Equity | 80.1M | 75.7M | 73.1M | 68.6M | 72.1M | 46.4M | |
Non Current Liabilities Total | 11.5M | 10.6M | 9.4M | 8.2M | 6.9M | 4.7M | |
Inventory | 24.0M | 36.8M | 38.1M | 38.2M | 38.0M | 22.3M | |
Other Current Assets | 297.0K | 801K | 624K | 378K | 588K | 456.1K | |
Other Stockholder Equity | (4.7M) | (3.8M) | (5.8M) | (6.6M) | (5.8M) | (5.5M) | |
Total Liab | 23.7M | 23.5M | 21.6M | 17.1M | 15.8M | 12.6M | |
Total Current Assets | 52.5M | 51.0M | 50.4M | 47.3M | 51.3M | 33.6M | |
Short Term Debt | 3.8M | 3.5M | 3.1M | 5.8M | 6.3M | 6.7M | |
Intangible Assets | 16.5K | 7K | 6K | 5K | 4.5K | 4.3K | |
Non Currrent Assets Other | 386.1K | 344.8K | 387K | 394K | 438K | 421.5K | |
Property Plant And Equipment Gross | 41.4M | 27.5M | 38.2M | 37.9M | 37.7M | 39.6M | |
Accumulated Other Comprehensive Income | (1.1M) | (1.3M) | (1.4M) | (1.9M) | (1.5M) | (1.5M) | |
Other Assets | 634.3K | 772K | 469K | 394K | 453.1K | 577.2K | |
Common Stock | 25.1K | 25K | 24K | 23K | 20.7K | 20.6K | |
Property Plant Equipment | 14.4M | 26.8M | 12.9M | 22.2M | 25.6M | 26.8M | |
Current Deferred Revenue | 319.1K | 301K | 351K | 256K | 223K | 211.9K | |
Net Tangible Assets | 59.5M | 56.4M | 67.4M | 51.5M | 59.2M | 55.9M |
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When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. 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. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tandy Leather. If investors know Tandy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tandy Leather listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share 0.29 | Revenue Per Share 8.938 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0292 |
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.