Triad Depreciation And Amortization vs Property Plant Equipment Analysis

TRD Stock   315.00  10.00  3.08%   
Triad Group financial indicator trend analysis is much more than just breaking down Triad Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triad Group PLC is a good investment. Please check the relationship between Triad Group Depreciation And Amortization and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triad Group PLC. 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.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triad Group PLC Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Triad Group's Depreciation And Amortization and Property Plant Equipment is 0.38. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Triad Group PLC, assuming nothing else is changed. The correlation between historical values of Triad Group's Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Triad Group PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Triad Group's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant Equipment

Most indicators from Triad Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triad Group PLC 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 Triad Group PLC. 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 November 28, 2024, Selling General Administrative is expected to decline to about 3.6 M. The current year's Tax Provision is expected to grow to about (264.1 K)
 2021 2022 2024 (projected)
Interest Expense37K44K27.5K
Depreciation And Amortization271K273K290.0K

Triad Group fundamental ratios Correlations

0.42-0.320.220.940.55-0.850.920.00.880.460.280.880.62-0.120.06-0.24-0.360.670.220.530.99-0.210.63-0.57-0.21
0.42-0.27-0.190.370.83-0.240.35-0.610.420.90.430.420.35-0.080.80.51-0.040.590.160.810.30.560.38-0.380.21
-0.32-0.270.59-0.48-0.390.59-0.450.14-0.59-0.410.32-0.59-0.09-0.23-0.190.040.23-0.260.43-0.17-0.29-0.26-0.110.4-0.11
0.22-0.190.59-0.08-0.410.21-0.110.69-0.23-0.390.29-0.230.53-0.670.0-0.330.260.220.9-0.290.29-0.440.51-0.27-0.74
0.940.37-0.48-0.080.63-0.960.99-0.170.970.50.150.970.410.15-0.08-0.21-0.50.54-0.110.570.92-0.160.43-0.420.04
0.550.83-0.39-0.410.63-0.570.63-0.690.70.930.190.70.150.260.410.25-0.420.41-0.20.870.430.240.17-0.240.5
-0.85-0.240.590.21-0.96-0.57-0.960.15-0.98-0.410.09-0.98-0.24-0.270.190.240.5-0.40.27-0.46-0.840.2-0.260.34-0.12
0.920.35-0.45-0.110.990.63-0.96-0.20.970.480.110.970.340.2-0.13-0.2-0.510.46-0.170.560.9-0.160.35-0.340.11
0.0-0.610.140.69-0.17-0.690.15-0.2-0.27-0.7-0.23-0.270.24-0.44-0.31-0.60.23-0.130.52-0.780.11-0.540.21-0.16-0.7
0.880.42-0.59-0.230.970.7-0.980.97-0.270.560.011.00.30.24-0.02-0.13-0.470.49-0.220.60.85-0.080.32-0.390.16
0.460.9-0.41-0.390.50.93-0.410.48-0.70.560.360.560.270.180.580.36-0.30.58-0.10.890.320.390.3-0.350.37
0.280.430.320.290.150.190.090.11-0.230.010.360.010.59-0.410.360.11-0.090.640.390.530.230.240.61-0.33-0.3
0.880.42-0.59-0.230.970.7-0.980.97-0.271.00.560.010.30.24-0.02-0.13-0.470.49-0.220.60.85-0.080.32-0.390.16
0.620.35-0.090.530.410.15-0.240.340.240.30.270.590.3-0.760.42-0.18-0.110.850.660.270.63-0.031.0-0.9-0.76
-0.12-0.08-0.23-0.670.150.26-0.270.2-0.440.240.18-0.410.24-0.76-0.460.15-0.19-0.43-0.790.15-0.17-0.02-0.730.660.84
0.060.8-0.190.0-0.080.410.19-0.13-0.31-0.020.580.36-0.020.42-0.460.480.30.530.420.42-0.020.610.43-0.51-0.15
-0.240.510.04-0.33-0.210.250.24-0.2-0.6-0.130.360.11-0.13-0.180.150.480.240.08-0.110.34-0.310.7-0.160.190.35
-0.36-0.040.230.26-0.5-0.420.5-0.510.23-0.47-0.3-0.09-0.47-0.11-0.190.30.24-0.130.38-0.39-0.330.34-0.120.14-0.2
0.670.59-0.260.220.540.41-0.40.46-0.130.490.580.640.490.85-0.430.530.08-0.130.420.610.630.190.88-0.82-0.47
0.220.160.430.9-0.11-0.20.27-0.170.52-0.22-0.10.39-0.220.66-0.790.42-0.110.380.42-0.10.26-0.150.65-0.47-0.74
0.530.81-0.17-0.290.570.87-0.460.56-0.780.60.890.530.60.270.150.420.34-0.390.61-0.10.420.320.31-0.270.34
0.990.3-0.290.290.920.43-0.840.90.110.850.320.230.850.63-0.17-0.02-0.31-0.330.630.260.42-0.270.63-0.56-0.29
-0.210.56-0.26-0.44-0.160.240.2-0.16-0.54-0.080.390.24-0.08-0.03-0.020.610.70.340.19-0.150.32-0.27-0.010.00.22
0.630.38-0.110.510.430.17-0.260.350.210.320.30.610.321.0-0.730.43-0.16-0.120.880.650.310.63-0.01-0.9-0.74
-0.57-0.380.4-0.27-0.42-0.240.34-0.34-0.16-0.39-0.35-0.33-0.39-0.90.66-0.510.190.14-0.82-0.47-0.27-0.560.0-0.90.66
-0.210.21-0.11-0.740.040.5-0.120.11-0.70.160.37-0.30.16-0.760.84-0.150.35-0.2-0.47-0.740.34-0.290.22-0.740.66
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Triad Group Account Relationship Matchups

Triad Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8M8.5M8.9M8.7M6.5M7.3M
Short Long Term Debt Total938K733K426K1.0M753K790.7K
Other Current Liab312K324K482K335K710K1.3M
Total Current Liabilities2.4M2.6M2.5M2.6M2.5M3.3M
Total Stockholder Equity4.6M5.3M6.0M5.2M3.4M3.4M
Property Plant And Equipment Net897K757K623K771K562K547.2K
Net Debt(2.9M)(4.2M)(4.9M)(3.7M)(1.3M)(1.4M)
Retained Earnings3.6M4.4M4.9M4.0M2.2M2.8M
Accounts Payable1.2M923K667K666K419K398.1K
Cash3.8M4.9M5.3M4.8M2.1M2.2M
Non Current Assets Total1.2M921K916.0K1.3M1.2M679.8K
Non Currrent Assets Other(140K)(220K)(1.0)(763K)683K717.2K
Cash And Short Term Investments3.8M4.9M5.3M4.8M2.1M2.2M
Common Stock Shares Outstanding16.0M16.2M16.6M16.6M16.6M14.6M
Liabilities And Stockholders Equity7.8M8.5M8.9M8.7M6.5M7.3M
Non Current Liabilities Total863K623.0K397K951K599.0K711.5K
Other Current Assets311K173K348K359K165K164.4K
Property Plant And Equipment Gross897K757K1.4M1.4M1.3M1.3M
Total Current Assets6.6M7.5M8.0M7.4M5.3M6.6M
Short Term Debt(40K)(17K)(152K)(43K)215K225.8K
Net Receivables2.6M2.3M2.3M2.5M3.0M3.8M
Property Plant Equipment205K897K757K623K560.7K465.6K
Other Liab57K82K197K240K216K205.2K
Intangible Assets10K6K2K1K900.0855.0
Current Deferred Revenue41K256K116K37K68K71.4K
Other Assets323K191K1.0158K0.90.86
Net Tangible Assets5.8M4.5M5.3M6.0M6.9M4.1M
Capital Surpluse619K659K660K666K765.9K706.0K
Capital Lease Obligations938K733K426K1.0M753K543.1K
Net Invested Capital4.6M5.3M6.0M5.2M3.4M4.0M
Net Working Capital4.2M5.0M5.5M4.9M2.8M3.7M

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Other Information on Investing in Triad Stock

Balance Sheet is a snapshot of the financial position of Triad Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Triad Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Triad Group 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 Triad currently owns. An asset can also be divided into two categories, current and non-current.