TechPrecision Sale Purchase Of Stock vs Free Cash Flow Analysis

TPCS Stock

USD 3.68 0.03 0.82%

TechPrecision Common financial indicator trend analysis is much more than just breaking down TechPrecision Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechPrecision Common is a good investment. Please check the relationship between TechPrecision Common Sale Purchase Of Stock and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.

Sale Purchase Of Stock vs Free Cash Flow

Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechPrecision Common Sale Purchase Of Stock account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between TechPrecision Common's Sale Purchase Of Stock and Free Cash Flow is -0.03. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of TechPrecision Common, assuming nothing else is changed. The correlation between historical values of TechPrecision Common's Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of TechPrecision Common are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., TechPrecision Common's Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Sale Purchase Of Stock

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from TechPrecision Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechPrecision Common 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 TechPrecision Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Tax Provision is likely to gain to about 2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	269.4K	355.6K	521.1K	495.1K
Depreciation And Amortization	1.5M	2.2M	2.4M	2.6M

Interest Expense Depreciation And Amortization

TechPrecision Common fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt
Total Assets		0.87	0.61	0.59	0.74	0.86	0.55	0.74	0.14	0.62	-0.27	0.88	0.31	-0.27	0.93	0.51	0.78	0.71	0.25	0.79	0.75	0.88	0.4	-0.28	0.48	0.09
Short Long Term Debt Total	0.87		0.52	0.62	0.41	0.83	0.58	0.88	-0.14	0.57	-0.42	0.82	0.25	-0.42	0.76	0.28	0.84	0.62	0.12	0.67	0.8	0.67	0.5	-0.44	0.36	0.34
Other Current Liab	0.61	0.52		0.92	0.2	0.77	0.83	0.7	-0.35	0.64	-0.55	0.69	0.41	-0.55	0.65	0.2	0.35	0.65	0.15	0.38	0.86	0.64	0.74	-0.42	0.23	-0.23
Total Current Liabilities	0.59	0.62	0.92		0.11	0.8	0.82	0.8	-0.45	0.65	-0.58	0.71	0.19	-0.58	0.64	0.12	0.33	0.69	-0.01	0.35	0.91	0.6	0.93	-0.55	0.22	-0.23
Total Stockholder Equity	0.74	0.41	0.2	0.11		0.52	0.1	0.29	0.63	0.28	0.18	0.6	0.16	0.18	0.67	0.53	0.47	0.5	0.39	0.59	0.29	0.76	-0.02	0.09	0.52	0.0
Property Plant And Equipment Net	0.86	0.83	0.77	0.8	0.52		0.85	0.93	-0.26	0.54	-0.55	0.99	0.17	-0.55	0.77	0.5	0.77	0.88	0.02	0.74	0.96	0.72	0.64	-0.48	0.6	0.1
Current Deferred Revenue	0.55	0.58	0.83	0.82	0.1	0.85		0.84	-0.63	0.31	-0.75	0.79	0.17	-0.75	0.48	0.39	0.59	0.82	-0.14	0.54	0.91	0.42	0.68	-0.6	0.54	0.11
Net Debt	0.74	0.88	0.7	0.8	0.29	0.93	0.84		-0.41	0.49	-0.69	0.9	0.14	-0.69	0.65	0.27	0.76	0.82	-0.03	0.6	0.95	0.58	0.69	-0.6	0.48	0.27
Retained Earnings	0.14	-0.14	-0.35	-0.45	0.63	-0.26	-0.63	-0.41		0.04	0.7	-0.2	0.22	0.7	0.16	-0.12	-0.13	-0.29	0.64	-0.14	-0.42	0.38	-0.45	0.35	-0.17	-0.04
Accounts Payable	0.62	0.57	0.64	0.65	0.28	0.54	0.31	0.49	0.04		-0.2	0.49	0.31	-0.2	0.71	-0.01	0.27	0.23	0.17	0.27	0.57	0.63	0.48	-0.11	-0.21	-0.38
Cash	-0.27	-0.42	-0.55	-0.58	0.18	-0.55	-0.75	-0.69	0.7	-0.2		-0.5	0.12	1.0	-0.31	-0.16	-0.41	-0.64	0.41	-0.39	-0.63	-0.07	-0.47	0.52	-0.27	-0.1
Non Current Assets Total	0.88	0.82	0.69	0.71	0.6	0.99	0.79	0.9	-0.2	0.49	-0.5		0.14	-0.5	0.76	0.59	0.81	0.88	-0.01	0.81	0.9	0.7	0.54	-0.39	0.69	0.13
Non Currrent Assets Other	0.31	0.25	0.41	0.19	0.16	0.17	0.17	0.14	0.22	0.31	0.12	0.14		0.12	0.28	-0.15	0.27	-0.05	0.69	-0.05	0.24	0.47	0.0	-0.15	-0.19	0.2
Cash And Short Term Investments	-0.27	-0.42	-0.55	-0.58	0.18	-0.55	-0.75	-0.69	0.7	-0.2	1.0	-0.5	0.12		-0.31	-0.16	-0.41	-0.64	0.41	-0.39	-0.63	-0.07	-0.47	0.52	-0.27	-0.1
Net Receivables	0.93	0.76	0.65	0.64	0.67	0.77	0.48	0.65	0.16	0.71	-0.31	0.76	0.28	-0.31		0.39	0.58	0.66	0.18	0.69	0.69	0.88	0.48	-0.3	0.32	-0.15
Common Stock Shares Outstanding	0.51	0.28	0.2	0.12	0.53	0.5	0.39	0.27	-0.12	-0.01	-0.16	0.59	-0.15	-0.16	0.39		0.5	0.59	-0.33	0.88	0.3	0.21	-0.03	0.23	0.79	-0.09
Non Current Liabilities Total	0.78	0.84	0.35	0.33	0.47	0.77	0.59	0.76	-0.13	0.27	-0.41	0.81	0.27	-0.41	0.58	0.5		0.61	0.07	0.76	0.67	0.5	0.12	-0.37	0.58	0.58
Inventory	0.71	0.62	0.65	0.69	0.5	0.88	0.82	0.82	-0.29	0.23	-0.64	0.88	-0.05	-0.64	0.66	0.59	0.61		-0.13	0.74	0.82	0.58	0.6	-0.45	0.76	0.05
Other Current Assets	0.25	0.12	0.15	-0.01	0.39	0.02	-0.14	-0.03	0.64	0.17	0.41	-0.01	0.69	0.41	0.18	-0.33	0.07	-0.13		-0.24	0.02	0.57	-0.08	-0.05	-0.28	0.24
Other Stockholder Equity	0.79	0.67	0.38	0.35	0.59	0.74	0.54	0.6	-0.14	0.27	-0.39	0.81	-0.05	-0.39	0.69	0.88	0.76	0.74	-0.24		0.57	0.46	0.18	-0.03	0.74	0.08
Total Liab	0.75	0.8	0.86	0.91	0.29	0.96	0.91	0.95	-0.42	0.57	-0.63	0.9	0.24	-0.63	0.69	0.3	0.67	0.82	0.02	0.57		0.65	0.77	-0.6	0.46	0.08
Total Current Assets	0.88	0.67	0.64	0.6	0.76	0.72	0.42	0.58	0.38	0.63	-0.07	0.7	0.47	-0.07	0.88	0.21	0.5	0.58	0.57	0.46	0.65		0.46	-0.32	0.25	-0.04
Short Term Debt	0.4	0.5	0.74	0.93	-0.02	0.64	0.68	0.69	-0.45	0.48	-0.47	0.54	0.0	-0.47	0.48	-0.03	0.12	0.6	-0.08	0.18	0.77	0.46		-0.58	0.15	-0.26
Common Stock	-0.28	-0.44	-0.42	-0.55	0.09	-0.48	-0.6	-0.6	0.35	-0.11	0.52	-0.39	-0.15	0.52	-0.3	0.23	-0.37	-0.45	-0.05	-0.03	-0.6	-0.32	-0.58		-0.13	-0.33
Other Assets	0.48	0.36	0.23	0.22	0.52	0.6	0.54	0.48	-0.17	-0.21	-0.27	0.69	-0.19	-0.27	0.32	0.79	0.58	0.76	-0.28	0.74	0.46	0.25	0.15	-0.13		0.24
Long Term Debt	0.09	0.34	-0.23	-0.23	0.0	0.1	0.11	0.27	-0.04	-0.38	-0.1	0.13	0.2	-0.1	-0.15	-0.09	0.58	0.05	0.24	0.08	0.08	-0.04	-0.26	-0.33	0.24

Click cells to compare fundamentals

TechPrecision Common Account Relationship Matchups

TechPrecision Common fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	16.0M	37.9M	36.2M	34.7M	21.3M
Short Long Term Debt Total	2.6M	3.8M	13.7M	11.8M	12.7M	7.3M
Other Current Liab	1.6M	1.5M	3.4M	2.5M	4.3M	4.5M
Total Current Liabilities	2.7M	4.7M	13.3M	9.0M	17.8M	18.6M
Total Stockholder Equity	9.5M	9.9M	15.3M	14.6M	7.8M	8.7M
Property Plant And Equipment Net	4.2M	4.1M	19.5M	19.6M	19.8M	20.8M
Current Deferred Revenue	805.0K	218.2K	1.8M	2.3M	3.8M	4.0M
Net Debt	1.6M	1.7M	12.6M	11.3M	12.6M	13.2M
Retained Earnings	651.8K	972.4K	622.6K	(356.4K)	(7.4M)	(7.0M)
Accounts Payable	185.1K	500.8K	3.4M	2.2M	1.4M	1.4M
Cash	930.9K	2.1M	1.1M	534.5K	138.4K	131.5K
Non Current Assets Total	6.3M	6.1M	21.8M	21.6M	19.9M	20.9M
Non Currrent Assets Other	6.2K	32.6K	84.6K	121.3K	109.1K	82.5K
Cash And Short Term Investments	930.9K	2.1M	1.1M	534.5K	138.4K	131.5K
Net Receivables	5.5M	6.1M	11.4M	11.3M	10.9M	6.4M
Common Stock Shares Outstanding	7.3M	7.8M	8.1M	8.6M	8.7M	6.8M
Liabilities And Stockholders Equity	14.6M	16.0M	37.9M	36.2M	34.7M	21.3M
Non Current Liabilities Total	2.5M	1.3M	9.3M	12.6M	9.2M	5.4M
Inventory	1.2M	1.3M	2.2M	2.4M	3.2M	3.4M
Other Current Assets	606.2K	379.4K	1.4M	349.0K	543.9K	516.7K
Other Stockholder Equity	8.8M	8.9M	14.6M	14.9M	15.2M	8.2M
Total Liab	5.1M	6.1M	22.6M	21.6M	26.9M	28.3M
Total Current Assets	8.2M	9.9M	16.1M	14.6M	14.8M	12.5M
Accumulated Other Comprehensive Income	24.2K	21.9K	21.7K	21.8K	25.1K	26.4K
Short Term Debt	109.8K	2.5M	4.7M	1.9M	8.3M	8.7M
Common Stock	2.9K	2.9K	3.4K	861.0	878.0	834.1
Other Assets	2.1M	2.0M	2.2M	2.9M	3.3M	3.5M
Long Term Debt	2.4M	1.3M	3.1M	4.7M	4.3M	3.0M
Property Plant Equipment	4.2M	4.1M	19.5M	13.9M	16.0M	16.8M
Net Tangible Assets	9.5M	9.9M	15.3M	14.6M	16.8M	8.7M
Common Stock Total Equity	2.9K	2.9K	2.9K	861.0	774.9	736.16
Retained Earnings Total Equity	993.3K	651.8K	972.4K	(356.4K)	(409.9K)	(430.4K)
Long Term Debt Total	4.2M	3.4M	2.5M	1.3M	1.5M	1.5M
Capital Surpluse	8.7M	8.8M	8.9M	14.9M	17.2M	9.5M
Short Long Term Debt	98.0K	2.5M	4.1M	1.2M	7.6M	7.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for TechPrecision Stock Analysis

When running TechPrecision Common's price analysis, check to measure TechPrecision Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC