Trent Accounts Payable vs Good Will Analysis

TRENT Stock   6,795  52.20  0.77%   
Trent financial indicator trend analysis is much more than just breaking down Trent Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trent Limited is a good investment. Please check the relationship between Trent Accounts Payable and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trent Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trent Limited Accounts Payable account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Trent's Accounts Payable and Good Will is 0.04. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Trent Limited, assuming nothing else is changed. The correlation between historical values of Trent's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Trent Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Trent's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Trent obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Trent Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Trent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trent Limited 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 Trent Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Trent's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Discontinued Operations is likely to grow to about 317.5 M, while Issuance Of Capital Stock is likely to drop about 339.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit19.7B35.2B52.4B55.0B
Total Revenue44.5B82.4B123.8B129.9B

Trent fundamental ratios Correlations

0.850.690.760.870.870.730.80.360.890.640.9-0.20.610.910.830.870.770.30.880.910.410.490.250.49-0.39
0.850.270.330.490.990.850.42-0.030.970.160.65-0.230.460.751.00.520.490.230.990.560.50.340.31-0.01-0.31
0.690.270.920.840.350.420.910.670.360.930.68-0.120.360.560.270.920.680.310.370.87-0.150.30.130.89-0.21
0.760.330.920.940.40.340.930.620.460.920.75-0.150.590.650.30.930.740.450.420.910.10.510.070.86-0.38
0.870.490.840.940.540.380.880.570.60.890.89-0.180.630.830.460.930.810.290.550.960.290.530.10.81-0.4
0.870.990.350.40.540.850.50.050.990.230.68-0.210.530.770.990.580.520.281.00.620.450.410.310.05-0.3
0.730.850.420.340.380.850.46-0.010.830.180.42-0.230.370.480.860.560.510.40.870.490.340.240.430.07-0.31
0.80.420.910.930.880.50.460.70.510.880.790.040.510.70.430.960.770.30.520.950.010.490.070.81-0.3
0.36-0.030.670.620.570.05-0.010.70.040.720.560.60.110.330.00.590.290.120.070.63-0.280.45-0.160.690.13
0.890.970.360.460.60.990.830.510.040.270.69-0.250.630.780.950.60.560.350.980.640.540.480.30.1-0.36
0.640.160.930.920.890.230.180.880.720.270.75-0.080.380.630.150.890.730.190.250.88-0.070.320.00.97-0.31
0.90.650.680.750.890.680.420.790.560.690.75-0.050.420.960.640.840.70.020.690.930.250.41-0.020.63-0.3
-0.2-0.23-0.12-0.15-0.18-0.21-0.230.040.6-0.25-0.08-0.05-0.19-0.22-0.17-0.15-0.33-0.06-0.19-0.07-0.260.28-0.21-0.090.53
0.610.460.360.590.630.530.370.510.110.630.380.42-0.190.460.420.520.550.60.530.530.490.810.250.25-0.38
0.910.750.560.650.830.770.480.70.330.780.630.96-0.220.460.740.770.71-0.030.770.870.350.340.030.49-0.38
0.831.00.270.30.460.990.860.430.00.950.150.64-0.170.420.740.510.480.190.980.560.460.320.32-0.02-0.27
0.870.520.920.930.930.580.560.960.590.60.890.84-0.150.520.770.510.850.290.60.970.160.440.120.82-0.42
0.770.490.680.740.810.520.510.770.290.560.730.7-0.330.550.710.480.850.180.540.820.440.370.080.68-0.7
0.30.230.310.450.290.280.40.30.120.350.190.02-0.060.6-0.030.190.290.180.290.210.240.540.340.12-0.26
0.880.990.370.420.551.00.870.520.070.980.250.69-0.190.530.770.980.60.540.290.640.460.420.30.08-0.32
0.910.560.870.910.960.620.490.950.630.640.880.93-0.070.530.870.560.970.820.210.640.180.480.070.79-0.35
0.410.5-0.150.10.290.450.340.01-0.280.54-0.070.25-0.260.490.350.460.160.440.240.460.180.360.09-0.11-0.56
0.490.340.30.510.530.410.240.490.450.480.320.410.280.810.340.320.440.370.540.420.480.360.120.2-0.22
0.250.310.130.070.10.310.430.07-0.160.30.0-0.02-0.210.250.030.320.120.080.340.30.070.090.12-0.120.05
0.49-0.010.890.860.810.050.070.810.690.10.970.63-0.090.250.49-0.020.820.680.120.080.79-0.110.2-0.12-0.3
-0.39-0.31-0.21-0.38-0.4-0.3-0.31-0.30.13-0.36-0.31-0.30.53-0.38-0.38-0.27-0.42-0.7-0.26-0.32-0.35-0.56-0.220.05-0.3
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Trent Account Relationship Matchups

Trent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.1B57.2B77.3B80.8B71.6B75.2B
Short Long Term Debt Total26.2B29.6B47.3B44.6B17.5B11.5B
Other Current Liab215.8M187.9M1.2B1.5B2.6B2.7B
Total Current Liabilities4.9B7.5B6.5B10.9B15.4B16.2B
Total Stockholder Equity23.9B23.1B23.6B26.0B40.7B42.7B
Property Plant And Equipment Net26.6B30.7B46.9B45.2B25.7B13.3B
Net Debt3.4B3.0B46.4B43.8B14.6B7.8B
Accounts Payable3.0B2.7B3.8B6.7B7.7B8.1B
Cash560M756.3M821.6M832.3M2.9B3.1B
Non Current Assets Total38.0B43.2B59.4B57.0B40.5B21.7B
Non Currrent Assets Other1.8B2.1B2.5B3.8B14.3B15.0B
Cash And Short Term Investments8.3B7.5B6.1B7.5B10.1B10.7B
Short Term Investments7.8B6.7B5.3B6.7B7.2B7.6B
Liabilities And Stockholders Equity55.1B57.2B77.3B80.8B71.6B75.2B
Non Current Liabilities Total25.5B26.1B46.6B43.2B15.2B10.7B
Inventory6.1B4.3B8.7B13.6B15.8B16.6B
Other Current Assets2.6B1.1B2.9B3.5B4.3B4.5B
Other Stockholder Equity17.1B15.9M19.2B19.1B19.1B13.2B
Total Liab30.4B33.7B53.2B54.2B30.6B16.5B
Total Current Assets17.0B14.0B17.8B23.8B31.1B32.7B
Accumulated Other Comprehensive Income(4.8B)5.8B5.7B4.0B4.6B4.8B
Intangible Assets600.7M566.7M588.9M512.1M253.5M289.5M
Current Deferred Revenue745.7M816.4M1.5B943.5M684.8M1.0B
Retained Earnings(473M)(2.3B)(1.7B)2.4B16.6B17.4B
Net Receivables1.7B1.2B1.7B343.9M817.4M1.2B
Short Term Debt934.7M3.8B1.3B2.3B4.1B2.1B
Other Liab269.7M275.9M392.4M764.1M687.7M395.8M
Net Tangible Assets23.2B22.5B22.9B25.2B28.9B19.5B
Other Assets3.3B3.7B4.2B4.1B4.7B2.5B
Long Term Debt3.0B0.05.0B5.0B5.0B2.8B
Property Plant Equipment26.6B30.7B46.9B45.2B52.0B54.6B
Long Term Debt Total25.3B25.9B46.2B42.5B48.9B51.3B
Non Current Liabilities Other9.2M86.7M95M94.5M85.9M62.2M
Net Invested Capital26.9B23.1B28.6B30.9B45.7B30.9B

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Other Information on Investing in Trent Stock

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