Trex Net Invested Capital vs Total Stockholder Equity Analysis

TREX Stock

USD 77.10 4.85 6.71%

Trex financial indicator trend analysis is much more than just breaking down Trex Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trex Company is a good investment. Please check the relationship between Trex Net Invested Capital and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. 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.

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trex Company Net Invested Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Trex's Net Invested Capital and Total Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Trex Company, assuming nothing else is changed. The correlation between historical values of Trex's Net Invested Capital and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Trex Company are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., Trex's Net Invested Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Trex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trex Company 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 Trex Company. 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, Trex's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 9.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 67 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	91.0M	30.7M	5K	4.8K
Depreciation And Amortization	35.9M	44.3M	50.2M	52.7M

Interest Expense Depreciation And Amortization

Trex fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.1	-0.09	0.17	0.15	0.08	0.06	-0.1	0.01	0.34	0.04	0.06	0.06	0.04	0.2	0.05	-0.02	0.08	0.26	0.2	0.09	0.04	0.14	0.0	0.11	0.7
Total Assets	0.1		0.39	0.76	0.57	0.98	0.94	0.06	0.97	0.61	0.38	0.96	-0.25	0.38	0.67	0.2	0.9	0.95	0.15	-0.89	0.77	0.87	0.75	0.32	-0.78	0.75
Short Long Term Debt Total	-0.09	0.39		0.16	0.93	0.21	0.38	0.75	0.36	0.04	-0.1	0.37	-0.93	-0.1	0.24	-0.08	0.47	0.6	0.62	-0.51	0.85	0.26	0.31	0.97	-0.32	0.23
Other Current Liab	0.17	0.76	0.16		0.31	0.77	0.72	-0.09	0.72	0.48	0.38	0.73	-0.04	0.38	0.49	0.04	0.72	0.66	0.14	-0.67	0.51	0.66	0.58	0.07	-0.41	0.64
Total Current Liabilities	0.15	0.57	0.93	0.31		0.41	0.5	0.6	0.5	0.35	0.08	0.51	-0.86	0.08	0.46	0.04	0.6	0.73	0.64	-0.57	0.95	0.36	0.53	0.93	-0.43	0.52
Total Stockholder Equity	0.08	0.98	0.21	0.77	0.41		0.91	-0.11	0.96	0.62	0.45	0.94	-0.06	0.45	0.67	0.26	0.86	0.88	0.01	-0.85	0.63	0.86	0.74	0.14	-0.78	0.73
Property Plant And Equipment Net	0.06	0.94	0.38	0.72	0.5	0.91		0.27	0.97	0.43	0.06	0.99	-0.26	0.06	0.4	-0.07	0.89	0.93	0.24	-0.95	0.71	0.98	0.47	0.28	-0.63	0.66
Net Debt	-0.1	0.06	0.75	-0.09	0.6	-0.11	0.27		0.13	-0.32	-0.71	0.21	-0.77	-0.71	-0.35	-0.55	0.22	0.32	0.69	-0.36	0.51	0.25	-0.32	0.7	0.1	-0.05
Retained Earnings	0.01	0.97	0.36	0.72	0.5	0.96	0.97	0.13		0.5	0.22	0.99	-0.23	0.22	0.51	0.13	0.89	0.95	0.1	-0.94	0.71	0.94	0.6	0.27	-0.76	0.67
Accounts Payable	0.34	0.61	0.04	0.48	0.35	0.62	0.43	-0.32	0.5		0.56	0.48	0.01	0.56	0.7	0.42	0.46	0.5	0.05	-0.31	0.44	0.34	0.71	0.09	-0.43	0.7
Cash	0.04	0.38	-0.1	0.38	0.08	0.45	0.06	-0.71	0.22	0.56		0.13	0.18	1.0	0.79	0.67	0.24	0.19	-0.34	-0.06	0.16	-0.06	0.84	-0.08	-0.46	0.33
Non Current Assets Total	0.06	0.96	0.37	0.73	0.51	0.94	0.99	0.21	0.99	0.48	0.13		-0.24	0.13	0.45	0.04	0.89	0.95	0.18	-0.95	0.72	0.96	0.53	0.28	-0.7	0.69
Non Currrent Assets Other	0.06	-0.25	-0.93	-0.04	-0.86	-0.06	-0.26	-0.77	-0.23	0.01	0.18	-0.24		0.18	-0.16	0.18	-0.41	-0.48	-0.54	0.37	-0.77	-0.12	-0.2	-0.91	0.18	-0.14
Cash And Short Term Investments	0.04	0.38	-0.1	0.38	0.08	0.45	0.06	-0.71	0.22	0.56	1.0	0.13	0.18		0.79	0.67	0.24	0.19	-0.34	-0.06	0.16	-0.06	0.84	-0.08	-0.46	0.33
Net Receivables	0.2	0.67	0.24	0.49	0.46	0.67	0.4	-0.35	0.51	0.7	0.79	0.45	-0.16	0.79		0.46	0.58	0.54	0.02	-0.33	0.55	0.24	0.95	0.28	-0.66	0.64
Good Will	0.05	0.2	-0.08	0.04	0.04	0.26	-0.07	-0.55	0.13	0.42	0.67	0.04	0.18	0.67	0.46		-0.03	0.1	-0.53	0.02	0.02	-0.11	0.52	-0.03	-0.59	0.23
Non Current Liabilities Total	-0.02	0.9	0.47	0.72	0.6	0.86	0.89	0.22	0.89	0.46	0.24	0.89	-0.41	0.24	0.58	-0.03		0.89	0.21	-0.88	0.83	0.8	0.64	0.37	-0.69	0.61
Inventory	0.08	0.95	0.6	0.66	0.73	0.88	0.93	0.32	0.95	0.5	0.19	0.95	-0.48	0.19	0.54	0.1	0.89		0.29	-0.92	0.88	0.86	0.63	0.53	-0.72	0.71
Other Current Assets	0.26	0.15	0.62	0.14	0.64	0.01	0.24	0.69	0.1	0.05	-0.34	0.18	-0.54	-0.34	0.02	-0.53	0.21	0.29		-0.23	0.53	0.17	0.02	0.62	0.2	0.28
Other Stockholder Equity	0.2	-0.89	-0.51	-0.67	-0.57	-0.85	-0.95	-0.36	-0.94	-0.31	-0.06	-0.95	0.37	-0.06	-0.33	0.02	-0.88	-0.92	-0.23		-0.75	-0.92	-0.46	-0.38	0.67	-0.48
Total Liab	0.09	0.77	0.85	0.51	0.95	0.63	0.71	0.51	0.71	0.44	0.16	0.72	-0.77	0.16	0.55	0.02	0.83	0.88	0.53	-0.75		0.58	0.63	0.8	-0.58	0.62
Property Plant And Equipment Gross	0.04	0.87	0.26	0.66	0.36	0.86	0.98	0.25	0.94	0.34	-0.06	0.96	-0.12	-0.06	0.24	-0.11	0.8	0.86	0.17	-0.92	0.58		0.32	0.15	-0.57	0.59
Total Current Assets	0.14	0.75	0.31	0.58	0.53	0.74	0.47	-0.32	0.6	0.71	0.84	0.53	-0.2	0.84	0.95	0.52	0.64	0.63	0.02	-0.46	0.63	0.32		0.32	-0.7	0.65
Short Term Debt	0.0	0.32	0.97	0.07	0.93	0.14	0.28	0.7	0.27	0.09	-0.08	0.28	-0.91	-0.08	0.28	-0.03	0.37	0.53	0.62	-0.38	0.8	0.15	0.32		-0.28	0.26
Intangible Assets	0.11	-0.78	-0.32	-0.41	-0.43	-0.78	-0.63	0.1	-0.76	-0.43	-0.46	-0.7	0.18	-0.46	-0.66	-0.59	-0.69	-0.72	0.2	0.67	-0.58	-0.57	-0.7	-0.28		-0.5
Common Stock	0.7	0.75	0.23	0.64	0.52	0.73	0.66	-0.05	0.67	0.7	0.33	0.69	-0.14	0.33	0.64	0.23	0.61	0.71	0.28	-0.48	0.62	0.59	0.65	0.26	-0.5

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Trex Account Relationship Matchups

Trex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	117.3M	116.3M	115.8M	111.9M	108.8M	123.1M
Total Assets	592.2M	770.5M	920.3M	933.7M	932.9M	979.5M
Other Current Liab	52.6M	59.8M	55.4M	41.2M	53.9M	56.6M
Total Current Liabilities	78.7M	106.4M	88.7M	290.6M	91.1M	69.6M
Total Stockholder Equity	449.2M	588.5M	725.0M	518.3M	716.7M	752.5M
Property Plant And Equipment Net	211.3M	370.9M	494.9M	620.9M	735.6M	772.4M
Net Debt	(114.6M)	(93.1M)	(112.8M)	233.6M	30.0M	22.5M
Retained Earnings	561.7M	737.3M	946.0M	1.1B	1.3B	1.4B
Accounts Payable	15.2M	38.6M	24.9M	19.9M	24.0M	18.1M
Cash	148.8M	121.7M	141.1M	12.3M	2.0M	1.9M
Non Current Assets Total	289.0M	448.5M	519.3M	646.9M	760.6M	798.7M
Non Currrent Assets Other	3.6M	3.9M	5.3M	(60.8M)	6.8M	7.2M
Cash And Short Term Investments	148.8M	121.7M	141.1M	12.3M	2.0M	1.9M
Net Receivables	78.5M	123.5M	160.6M	98.1M	50.7M	47.0M
Good Will	67.8M	67.4M	14.2M	14.2M	16.3M	21.0M
Liabilities And Stockholders Equity	592.2M	770.5M	920.3M	933.7M	932.9M	979.5M
Non Current Liabilities Total	64.4M	75.6M	106.6M	124.8M	125.2M	74.4M
Inventory	56.1M	68.2M	83.8M	141.4M	107.1M	112.4M
Other Current Assets	350K	8.6M	15.6M	35.1M	12.5M	11.4M
Other Stockholder Equity	(113.2M)	(150.2M)	(222.4M)	(613.7M)	(620.8M)	(589.8M)
Total Liab	143.1M	182.0M	195.3M	415.4M	216.2M	144.0M
Property Plant And Equipment Gross	211.3M	336.5M	494.9M	620.9M	1.0B	1.1B
Total Current Assets	303.2M	322.0M	401.1M	286.8M	172.3M	140.5M
Short Term Debt	7.1M	32.0M	26.2M	229.5M	13.2M	12.5M
Intangible Assets	5.6M	5.2M	4.8M	4.4M	3.9M	5.8M
Common Stock	702K	1.4M	1.4M	1.4M	1.4M	1.5M
Common Stock Total Equity	700K	702K	1.4M	1.4M	1.6M	1.7M
Other Assets	3.6M	38.3M	5.3M	7.4M	8.5M	5.0M
Property Plant Equipment	171.3M	336.5M	494.9M	620.9M	714.0M	749.7M
Other Liab	30.2M	47.0M	78.3M	100.8M	115.9M	121.7M
Current Deferred Revenue	3.7M	2.4M	1.4M	68.2M	18.9M	14.8M
Net Tangible Assets	375.1M	514.9M	706.0M	499.8M	574.7M	603.5M
Retained Earnings Total Equity	416.9M	561.7M	737.3M	946.0M	1.1B	1.1B
Capital Surpluse	124.2M	124.0M	126.1M	127.8M	147.0M	127.8M
Deferred Long Term Liab	2.1M	9.8M	23.0M	44.0M	50.6M	53.1M
Treasury Stock	(198.9M)	(237.2M)	(276.3M)	(350.2M)	(315.2M)	(299.4M)
Non Current Liabilities Other	27.3M	54.6M	52.7M	11.6M	16.6M	22.8M
Net Invested Capital	449.2M	588.5M	725.0M	740.3M	722.2M	597.1M

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Trex Net Invested Capital vs Total Stockholder Equity Analysis

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Stockholder Equity

Trex fundamental ratios Correlations

Trex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trex fundamental ratios Accounts

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Additional Tools for Trex Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Retained Earnings
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.97	Total Assets

Other Stockholder Equity	- 0.95	Non Current Assets Total
Other Stockholder Equity	- 0.95	Property Plant And Equipment Net
Other Stockholder Equity	- 0.94	Retained Earnings
Non Currrent Assets Other	- 0.93	Short Long Term Debt Total
Property Plant And Equipment Gross	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Inventory