TriNet Cash And Short Term Investments vs Retained Earnings Analysis

TNET Stock

USD 92.93 1.13 1.20%

TriNet financial indicator trend analysis is much more than just breaking down TriNet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriNet Group is a good investment. Please check the relationship between TriNet Cash And Short Term Investments and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriNet 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 income.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriNet Group Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between TriNet's Cash And Short Term Investments and Retained Earnings is 0.15. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of TriNet Group, assuming nothing else is changed. The correlation between historical values of TriNet's Cash And Short Term Investments 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 Cash And Short Term Investments of TriNet 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 Cash And Short Term Investments i.e., TriNet's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TriNet Group balance sheet. This account contains TriNet investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TriNet Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 TriNet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriNet 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 TriNet 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 income.

At this time, TriNet's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 13.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 127.8 M in 2024.

	2022	2023	2024 (projected)
Interest Expense	39M	40M	28.2M
Depreciation And Amortization	89M	121M	65.9M

Interest Expense Depreciation And Amortization

TriNet fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	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	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.3	0.09	0.21	0.3	0.2	0.45	0.32	0.07	-0.01	-0.14	0.15	0.26	0.21	0.24	0.28	0.07	0.24	0.14	0.31	0.34	0.14	0.13	0.28	0.28	0.32
Total Assets	0.3		0.53	0.62	0.97	0.71	0.61	0.6	0.04	0.06	-0.26	0.89	0.81	0.92	0.86	0.84	0.44	0.82	0.81	0.99	0.46	0.57	0.6	0.95	0.74	0.99
Short Long Term Debt Total	0.09	0.53		0.18	0.58	-0.08	0.07	-0.09	0.37	0.71	-0.68	0.46	0.24	0.55	0.26	0.27	0.99	0.26	0.8	0.53	0.02	0.98	0.47	0.72	0.25	0.51
Other Current Liab	0.21	0.62	0.18		0.51	0.66	0.48	0.72	-0.53	-0.06	0.06	0.57	0.45	0.77	0.86	0.72	0.09	0.53	0.42	0.66	-0.07	0.25	-0.25	0.49	0.81	0.55
Total Current Liabilities	0.3	0.97	0.58	0.51		0.54	0.62	0.49	0.25	0.16	-0.42	0.78	0.68	0.84	0.75	0.78	0.49	0.68	0.83	0.95	0.48	0.6	0.69	0.98	0.64	0.98
Total Stockholder Equity	0.2	0.71	-0.08	0.66	0.54		0.43	0.78	-0.57	-0.55	0.47	0.77	0.83	0.71	0.83	0.75	-0.17	0.86	0.33	0.7	0.34	-0.04	0.18	0.45	0.69	0.68
Other Liab	0.45	0.61	0.07	0.48	0.62	0.43		0.59	0.13	-0.15	-0.26	0.43	0.5	0.48	0.63	0.63	-0.01	0.47	0.34	0.67	0.68	0.23	0.21	0.57	0.65	0.63
Property Plant And Equipment Net	0.32	0.6	-0.09	0.72	0.49	0.78	0.59		-0.42	-0.37	0.25	0.46	0.66	0.56	0.79	0.81	-0.19	0.69	0.11	0.59	0.34	-0.02	0.01	0.4	0.87	0.6
Current Deferred Revenue	0.07	0.04	0.37	-0.53	0.25	-0.57	0.13	-0.42		0.53	-0.78	-0.18	-0.15	-0.21	-0.36	-0.25	0.4	-0.24	0.2	0.01	0.41	0.36	0.58	0.3	-0.25	0.13
Net Debt	-0.01	0.06	0.71	-0.06	0.16	-0.55	-0.15	-0.37	0.53		-0.86	-0.05	-0.29	0.13	-0.14	-0.11	0.74	-0.28	0.44	0.05	-0.27	0.68	0.16	0.3	-0.13	0.03
Retained Earnings	-0.14	-0.26	-0.68	0.06	-0.42	0.47	-0.26	0.25	-0.78	-0.86		-0.04	0.13	-0.18	0.01	-0.05	-0.68	0.15	-0.52	-0.27	-0.13	-0.71	-0.4	-0.52	-0.02	-0.28
Accounts Payable	0.15	0.89	0.46	0.57	0.78	0.77	0.43	0.46	-0.18	-0.05	-0.04		0.85	0.91	0.83	0.74	0.38	0.87	0.8	0.88	0.36	0.51	0.49	0.77	0.63	0.85
Cash	0.26	0.81	0.24	0.45	0.68	0.83	0.5	0.66	-0.15	-0.29	0.13	0.85		0.7	0.74	0.68	0.18	0.99	0.47	0.77	0.64	0.3	0.48	0.64	0.71	0.82
Non Current Assets Total	0.21	0.92	0.55	0.77	0.84	0.71	0.48	0.56	-0.21	0.13	-0.18	0.91	0.7		0.91	0.84	0.46	0.74	0.85	0.93	0.18	0.59	0.37	0.84	0.72	0.86
Non Currrent Assets Other	0.24	0.86	0.26	0.86	0.75	0.83	0.63	0.79	-0.36	-0.14	0.01	0.83	0.74	0.91		0.93	0.13	0.78	0.61	0.88	0.26	0.34	0.18	0.71	0.87	0.81
Other Assets	0.28	0.84	0.27	0.72	0.78	0.75	0.63	0.81	-0.25	-0.11	-0.05	0.74	0.68	0.84	0.93		0.15	0.71	0.56	0.86	0.26	0.32	0.35	0.73	0.77	0.81
Long Term Debt	0.07	0.44	0.99	0.09	0.49	-0.17	-0.01	-0.19	0.4	0.74	-0.68	0.38	0.18	0.46	0.13	0.15		0.18	0.74	0.43	-0.01	0.96	0.44	0.64	0.14	0.42
Cash And Short Term Investments	0.24	0.82	0.26	0.53	0.68	0.86	0.47	0.69	-0.24	-0.28	0.15	0.87	0.99	0.74	0.78	0.71	0.18		0.49	0.79	0.56	0.31	0.42	0.64	0.75	0.82
Good Will	0.14	0.81	0.8	0.42	0.83	0.33	0.34	0.11	0.2	0.44	-0.52	0.8	0.47	0.85	0.61	0.56	0.74	0.49		0.83	0.18	0.82	0.58	0.89	0.4	0.77
Common Stock Total Equity	0.31	0.99	0.53	0.66	0.95	0.7	0.67	0.59	0.01	0.05	-0.27	0.88	0.77	0.93	0.88	0.86	0.43	0.79	0.83		0.45	0.58	0.54	0.94	0.75	0.97
Short Term Investments	0.34	0.46	0.02	-0.07	0.48	0.34	0.68	0.34	0.41	-0.27	-0.13	0.36	0.64	0.18	0.26	0.26	-0.01	0.56	0.18	0.45		0.12	0.55	0.43	0.39	0.55
Non Current Liabilities Total	0.14	0.57	0.98	0.25	0.6	-0.04	0.23	-0.02	0.36	0.68	-0.71	0.51	0.3	0.59	0.34	0.32	0.96	0.31	0.82	0.58	0.12		0.43	0.74	0.34	0.54
Other Current Assets	0.13	0.6	0.47	-0.25	0.69	0.18	0.21	0.01	0.58	0.16	-0.4	0.49	0.48	0.37	0.18	0.35	0.44	0.42	0.58	0.54	0.55	0.43		0.68	0.05	0.66
Total Liab	0.28	0.95	0.72	0.49	0.98	0.45	0.57	0.4	0.3	0.3	-0.52	0.77	0.64	0.84	0.71	0.73	0.64	0.64	0.89	0.94	0.43	0.74	0.68		0.62	0.95
Property Plant And Equipment Gross	0.28	0.74	0.25	0.81	0.64	0.69	0.65	0.87	-0.25	-0.13	-0.02	0.63	0.71	0.72	0.87	0.77	0.14	0.75	0.4	0.75	0.39	0.34	0.05	0.62		0.72
Total Current Assets	0.32	0.99	0.51	0.55	0.98	0.68	0.63	0.6	0.13	0.03	-0.28	0.85	0.82	0.86	0.81	0.81	0.42	0.82	0.77	0.97	0.55	0.54	0.66	0.95	0.72

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TriNet Account Relationship Matchups

TriNet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	71M	68M	67M	64M	57M	70.0M
Total Assets	2.7B	3.0B	3.3B	3.4B	3.7B	2.8B
Short Long Term Debt Total	456M	430M	547M	552M	1.1B	603.4M
Other Current Liab	1.5B	692M	702M	773M	815M	539.1M
Total Current Liabilities	1.6B	1.9B	1.7B	2.0B	2.5B	1.7B
Total Stockholder Equity	475M	607M	881M	775M	78M	74.1M
Other Liab	213M	169M	153M	143M	164.5M	177.3M
Property Plant And Equipment Net	140M	130M	121M	55M	41M	74.7M
Current Deferred Revenue	44M	134M	97M	106M	1.4B	1.5B
Net Debt	243M	129M	(65M)	198M	850M	892.5M
Retained Earnings	(219M)	(144M)	74M	(119M)	(896M)	(851.2M)
Accounts Payable	31M	50M	86M	98M	87M	46.0M
Cash	213M	301M	612M	354M	287M	272.6M
Non Current Assets Total	877M	883M	870M	1.1B	1.1B	805.4M
Non Currrent Assets Other	308M	303M	281M	286M	297M	215.2M
Other Assets	308M	492M	281M	286M	328.9M	234.3M
Long Term Debt	369M	348M	495M	496M	984M	547.9M
Cash And Short Term Investments	281M	358M	747M	430M	352M	314.3M
Common Stock Total Equity	694M	747M	808M	899M	1.0B	608.7M
Short Term Investments	68M	57M	135M	76M	65M	90.9M
Liabilities And Stockholders Equity	2.7B	3.0B	3.3B	3.4B	3.7B	2.8B
Other Current Assets	64M	1.5B	1.4B	1.5B	1.8B	1.2B
Total Liab	2.3B	2.4B	2.4B	2.7B	3.6B	2.5B
Total Current Assets	1.9B	2.2B	2.4B	2.3B	2.6B	2.0B
Accumulated Other Comprehensive Income	(160M)	4M	(1M)	(5M)	(2M)	(2.1M)
Short Term Debt	22M	39M	33M	30M	123M	129.2M
Intangible Assets	15M	18M	6M	163M	172M	180.6M
Common Stock	694M	747M	808M	899M	976M	647.4M
Property Plant Equipment	70M	79M	85M	24M	27.6M	26.2M
Net Tangible Assets	171M	295M	581M	150M	172.5M	181.1M
Retained Earnings Total Equity	(219M)	(144M)	74M	(119M)	(136.9M)	(143.7M)
Long Term Debt Total	369M	348M	495M	496M	446.4M	346.1M
Inventory	1.2B	1.5B	1.3B	1.3B	(1.3B)	(1.2B)
Other Stockholder Equity	160M	4M	(1M)	(5M)	(5.8M)	(5.5M)
Deferred Long Term Liab	61M	22M	11M	8M	7.2M	6.8M
Long Term Investments	125M	138M	168M	151M	143M	109.1M

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