| TOTAL Stock | | | 67.95 1.53 2.20% |
Total Transport financial indicator trend analysis is much more than just breaking down Total Transport Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Transport Systems is a good investment. Please check the relationship between Total Transport Capital Expenditures and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Total Transport Systems. 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.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Total Transport Systems Capital Expenditures account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Total Transport's Capital Expenditures and Net Income is -0.03. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Total Transport Systems, assuming nothing else is changed. The correlation between historical values of Total Transport's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Total Transport Systems are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Total Transport's Capital Expenditures and Net Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Total Transport Systems to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Total Transport operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Total Transport Systems financial statement analysis. It represents the amount of money remaining after all of Total Transport Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Total Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Transport Systems 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 Total Transport Systems. 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.
As of the 23rd of November 2024,
Tax Provision is likely to grow to about 23.6
M, while
Selling General Administrative is likely to drop about 24.1
M.
Total Transport fundamental ratios Correlations
Click cells to compare fundamentals
Total Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Total Transport fundamental ratios Accounts
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Other Information on Investing in Total Stock
Balance Sheet is a snapshot of the
financial position of Total Transport Systems at a specified time, usually calculated after every quarter, six months, or one year. Total Transport Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Total Transport 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 Total currently owns. An asset can also be divided into two categories, current and non-current.