Trex Other Current Liab vs Other 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 Other Current Liab and its Other 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.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trex Company Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Trex's Other Current Liab and Other Stockholder Equity is -0.67. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other 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 Other Current Liab and Other 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 Other Current Liab of Trex Company are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Trex's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Other Stockholder Equity

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 Expense91.0M30.7M5K4.8K
Depreciation And Amortization35.9M44.3M50.2M52.7M

Trex fundamental ratios Correlations

0.1-0.090.170.150.080.06-0.10.010.340.040.060.060.040.20.05-0.020.080.260.20.090.040.140.00.110.7
0.10.390.760.570.980.940.060.970.610.380.96-0.250.380.670.20.90.950.15-0.890.770.870.750.32-0.780.75
-0.090.390.160.930.210.380.750.360.04-0.10.37-0.93-0.10.24-0.080.470.60.62-0.510.850.260.310.97-0.320.23
0.170.760.160.310.770.72-0.090.720.480.380.73-0.040.380.490.040.720.660.14-0.670.510.660.580.07-0.410.64
0.150.570.930.310.410.50.60.50.350.080.51-0.860.080.460.040.60.730.64-0.570.950.360.530.93-0.430.52
0.080.980.210.770.410.91-0.110.960.620.450.94-0.060.450.670.260.860.880.01-0.850.630.860.740.14-0.780.73
0.060.940.380.720.50.910.270.970.430.060.99-0.260.060.4-0.070.890.930.24-0.950.710.980.470.28-0.630.66
-0.10.060.75-0.090.6-0.110.270.13-0.32-0.710.21-0.77-0.71-0.35-0.550.220.320.69-0.360.510.25-0.320.70.1-0.05
0.010.970.360.720.50.960.970.130.50.220.99-0.230.220.510.130.890.950.1-0.940.710.940.60.27-0.760.67
0.340.610.040.480.350.620.43-0.320.50.560.480.010.560.70.420.460.50.05-0.310.440.340.710.09-0.430.7
0.040.38-0.10.380.080.450.06-0.710.220.560.130.181.00.790.670.240.19-0.34-0.060.16-0.060.84-0.08-0.460.33
0.060.960.370.730.510.940.990.210.990.480.13-0.240.130.450.040.890.950.18-0.950.720.960.530.28-0.70.69
0.06-0.25-0.93-0.04-0.86-0.06-0.26-0.77-0.230.010.18-0.240.18-0.160.18-0.41-0.48-0.540.37-0.77-0.12-0.2-0.910.18-0.14
0.040.38-0.10.380.080.450.06-0.710.220.561.00.130.180.790.670.240.19-0.34-0.060.16-0.060.84-0.08-0.460.33
0.20.670.240.490.460.670.4-0.350.510.70.790.45-0.160.790.460.580.540.02-0.330.550.240.950.28-0.660.64
0.050.2-0.080.040.040.26-0.07-0.550.130.420.670.040.180.670.46-0.030.1-0.530.020.02-0.110.52-0.03-0.590.23
-0.020.90.470.720.60.860.890.220.890.460.240.89-0.410.240.58-0.030.890.21-0.880.830.80.640.37-0.690.61
0.080.950.60.660.730.880.930.320.950.50.190.95-0.480.190.540.10.890.29-0.920.880.860.630.53-0.720.71
0.260.150.620.140.640.010.240.690.10.05-0.340.18-0.54-0.340.02-0.530.210.29-0.230.530.170.020.620.20.28
0.2-0.89-0.51-0.67-0.57-0.85-0.95-0.36-0.94-0.31-0.06-0.950.37-0.06-0.330.02-0.88-0.92-0.23-0.75-0.92-0.46-0.380.67-0.48
0.090.770.850.510.950.630.710.510.710.440.160.72-0.770.160.550.020.830.880.53-0.750.580.630.8-0.580.62
0.040.870.260.660.360.860.980.250.940.34-0.060.96-0.12-0.060.24-0.110.80.860.17-0.920.580.320.15-0.570.59
0.140.750.310.580.530.740.47-0.320.60.710.840.53-0.20.840.950.520.640.630.02-0.460.630.320.32-0.70.65
0.00.320.970.070.930.140.280.70.270.09-0.080.28-0.91-0.080.28-0.030.370.530.62-0.380.80.150.32-0.280.26
0.11-0.78-0.32-0.41-0.43-0.78-0.630.1-0.76-0.43-0.46-0.70.18-0.46-0.66-0.59-0.69-0.720.20.67-0.58-0.57-0.7-0.28-0.5
0.70.750.230.640.520.730.66-0.050.670.70.330.69-0.140.330.640.230.610.710.28-0.480.620.590.650.26-0.5
Click cells to compare fundamentals

Trex Account Relationship Matchups

Trex fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding117.3M116.3M115.8M111.9M108.8M123.1M
Total Assets592.2M770.5M920.3M933.7M932.9M979.5M
Other Current Liab52.6M59.8M55.4M41.2M53.9M56.6M
Total Current Liabilities78.7M106.4M88.7M290.6M91.1M69.6M
Total Stockholder Equity449.2M588.5M725.0M518.3M716.7M752.5M
Property Plant And Equipment Net211.3M370.9M494.9M620.9M735.6M772.4M
Net Debt(114.6M)(93.1M)(112.8M)233.6M30.0M22.5M
Retained Earnings561.7M737.3M946.0M1.1B1.3B1.4B
Accounts Payable15.2M38.6M24.9M19.9M24.0M18.1M
Cash148.8M121.7M141.1M12.3M2.0M1.9M
Non Current Assets Total289.0M448.5M519.3M646.9M760.6M798.7M
Non Currrent Assets Other3.6M3.9M5.3M(60.8M)6.8M7.2M
Cash And Short Term Investments148.8M121.7M141.1M12.3M2.0M1.9M
Net Receivables78.5M123.5M160.6M98.1M50.7M47.0M
Good Will67.8M67.4M14.2M14.2M16.3M21.0M
Liabilities And Stockholders Equity592.2M770.5M920.3M933.7M932.9M979.5M
Non Current Liabilities Total64.4M75.6M106.6M124.8M125.2M74.4M
Inventory56.1M68.2M83.8M141.4M107.1M112.4M
Other Current Assets350K8.6M15.6M35.1M12.5M11.4M
Other Stockholder Equity(113.2M)(150.2M)(222.4M)(613.7M)(620.8M)(589.8M)
Total Liab143.1M182.0M195.3M415.4M216.2M144.0M
Property Plant And Equipment Gross211.3M336.5M494.9M620.9M1.0B1.1B
Total Current Assets303.2M322.0M401.1M286.8M172.3M140.5M
Short Term Debt7.1M32.0M26.2M229.5M13.2M12.5M
Intangible Assets5.6M5.2M4.8M4.4M3.9M5.8M
Common Stock702K1.4M1.4M1.4M1.4M1.5M
Common Stock Total Equity700K702K1.4M1.4M1.6M1.7M
Other Assets3.6M38.3M5.3M7.4M8.5M5.0M
Property Plant Equipment171.3M336.5M494.9M620.9M714.0M749.7M
Other Liab30.2M47.0M78.3M100.8M115.9M121.7M
Current Deferred Revenue3.7M2.4M1.4M68.2M18.9M14.8M
Net Tangible Assets375.1M514.9M706.0M499.8M574.7M603.5M
Retained Earnings Total Equity416.9M561.7M737.3M946.0M1.1B1.1B
Capital Surpluse124.2M124.0M126.1M127.8M147.0M127.8M
Deferred Long Term Liab2.1M9.8M23.0M44.0M50.6M53.1M
Treasury Stock(198.9M)(237.2M)(276.3M)(350.2M)(315.2M)(299.4M)
Non Current Liabilities Other27.3M54.6M52.7M11.6M16.6M22.8M
Net Invested Capital449.2M588.5M725.0M740.3M722.2M597.1M

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