Trainline Common Stock Shares Outstanding vs Total Assets Analysis

TRN Stock   408.60  1.60  0.39%   
Trainline Plc financial indicator trend analysis is much more than just breaking down Trainline Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trainline Plc is a good investment. Please check the relationship between Trainline Plc Common Stock Shares Outstanding and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trainline 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.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trainline Plc Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trainline Plc's Common Stock Shares Outstanding and Total Assets is 0.74. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Trainline Plc, assuming nothing else is changed. The correlation between historical values of Trainline Plc's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Trainline Plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Trainline Plc's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Trainline Plc assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Trainline Plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Trainline Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trainline 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 Trainline 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.
At present, Trainline Plc's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization42.6M41.2M41.7M44.8M
Interest Income36K730K2.7M2.9M

Trainline Plc fundamental ratios Correlations

0.29-0.080.13-0.550.71-0.64-0.720.02-0.060.210.760.88-0.180.380.760.410.88-0.760.740.440.350.57-0.320.91-0.49
0.29-0.87-0.86-0.550.56-0.6-0.490.95-0.32-0.79-0.090.62-0.30.99-0.09-0.60.59-0.680.430.960.390.58-0.040.34-0.81
-0.08-0.870.880.37-0.550.630.39-0.90.420.780.32-0.480.63-0.860.320.67-0.430.59-0.26-0.85-0.21-0.69-0.14-0.130.75
0.13-0.860.880.13-0.260.350.11-0.950.350.980.52-0.310.44-0.80.520.88-0.280.31-0.23-0.74-0.25-0.41-0.20.170.53
-0.55-0.550.370.13-0.410.440.44-0.410.50.03-0.3-0.630.09-0.56-0.30.03-0.660.66-0.54-0.580.09-0.26-0.09-0.730.55
0.710.56-0.55-0.26-0.41-0.97-0.950.350.1-0.120.50.75-0.330.670.50.170.67-0.950.340.760.60.95-0.520.75-0.89
-0.64-0.60.630.350.44-0.970.89-0.43-0.020.21-0.38-0.750.37-0.7-0.38-0.04-0.670.93-0.37-0.78-0.49-0.930.44-0.690.88
-0.72-0.490.390.110.44-0.950.89-0.24-0.28-0.02-0.67-0.660.07-0.62-0.67-0.35-0.580.93-0.23-0.71-0.68-0.840.69-0.830.87
0.020.95-0.9-0.95-0.410.35-0.43-0.24-0.45-0.92-0.40.44-0.380.9-0.4-0.810.42-0.470.320.850.250.430.190.05-0.65
-0.06-0.320.420.350.50.1-0.02-0.28-0.450.330.49-0.360.62-0.230.490.54-0.430.06-0.56-0.190.440.02-0.880.01-0.01
0.21-0.790.780.980.03-0.120.21-0.02-0.920.330.59-0.220.36-0.710.590.92-0.210.17-0.2-0.63-0.23-0.27-0.240.280.4
0.76-0.090.320.52-0.30.5-0.38-0.67-0.40.490.590.40.320.031.00.790.38-0.510.220.110.330.31-0.710.81-0.3
0.880.62-0.48-0.31-0.630.75-0.75-0.660.44-0.36-0.220.4-0.460.670.4-0.040.99-0.830.870.70.330.7-0.070.76-0.64
-0.18-0.30.630.440.09-0.330.370.07-0.380.620.360.32-0.46-0.290.320.4-0.440.28-0.45-0.310.14-0.55-0.510.00.23
0.380.99-0.86-0.8-0.560.67-0.7-0.620.9-0.23-0.710.030.67-0.290.03-0.480.63-0.780.410.990.470.67-0.160.45-0.89
0.76-0.090.320.52-0.30.5-0.38-0.67-0.40.490.591.00.40.320.030.790.38-0.510.220.110.330.31-0.710.81-0.3
0.41-0.60.670.880.030.17-0.04-0.35-0.810.540.920.79-0.040.4-0.480.79-0.07-0.1-0.18-0.390.160.0-0.550.480.12
0.880.59-0.43-0.28-0.660.67-0.67-0.580.42-0.43-0.210.380.99-0.440.630.38-0.07-0.770.920.650.240.60.020.75-0.57
-0.76-0.680.590.310.66-0.950.930.93-0.470.060.17-0.51-0.830.28-0.78-0.51-0.1-0.77-0.46-0.85-0.53-0.860.41-0.850.93
0.740.43-0.26-0.23-0.540.34-0.37-0.230.32-0.56-0.20.220.87-0.450.410.22-0.180.92-0.460.4-0.030.310.280.51-0.23
0.440.96-0.85-0.74-0.580.76-0.78-0.710.85-0.19-0.630.110.7-0.310.990.11-0.390.65-0.850.40.50.75-0.230.52-0.94
0.350.39-0.21-0.250.090.6-0.49-0.680.250.44-0.230.330.330.140.470.330.160.24-0.53-0.030.50.54-0.650.34-0.58
0.570.58-0.69-0.41-0.260.95-0.93-0.840.430.02-0.270.310.7-0.550.670.310.00.6-0.860.310.750.54-0.380.56-0.85
-0.32-0.04-0.14-0.2-0.09-0.520.440.690.19-0.88-0.24-0.71-0.07-0.51-0.16-0.71-0.550.020.410.28-0.23-0.65-0.38-0.440.44
0.910.34-0.130.17-0.730.75-0.69-0.830.050.010.280.810.760.00.450.810.480.75-0.850.510.520.340.56-0.44-0.64
-0.49-0.810.750.530.55-0.890.880.87-0.65-0.010.4-0.3-0.640.23-0.89-0.30.12-0.570.93-0.23-0.94-0.58-0.850.44-0.64
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Trainline Plc Account Relationship Matchups

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Other Information on Investing in Trainline Stock

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