Trainline Other Current Liab vs Long Term Debt Analysis

TRN Stock   416.00  9.60  2.36%   
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 Other Current Liab and its Long Term Debt 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.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trainline Plc Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Trainline Plc's Other Current Liab and Long Term Debt is -0.86. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt 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 Other Current Liab and Long Term Debt 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 Trainline Plc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Trainline Plc's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Long Term Debt

Long-term debt is a debt that Trainline Plc has held for over one year. Long-term debt appears on Trainline Plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Trainline Plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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

0.29-0.080.13-0.550.71-0.64-0.720.02-0.060.210.760.88-0.180.380.760.420.88-0.760.740.440.310.57-0.310.91-0.49
0.29-0.87-0.86-0.550.56-0.6-0.490.95-0.32-0.79-0.090.62-0.30.99-0.09-0.580.59-0.680.430.960.30.58-0.030.34-0.81
-0.08-0.870.880.37-0.550.630.39-0.90.420.780.32-0.480.63-0.860.320.64-0.430.59-0.26-0.85-0.13-0.69-0.14-0.130.75
0.13-0.860.880.13-0.260.350.11-0.950.350.980.52-0.310.44-0.80.520.87-0.280.31-0.23-0.74-0.18-0.41-0.20.170.53
-0.55-0.550.370.13-0.410.440.44-0.410.50.03-0.3-0.630.09-0.56-0.30.0-0.660.66-0.54-0.580.16-0.26-0.1-0.730.55
0.710.56-0.55-0.26-0.41-0.97-0.950.350.1-0.120.50.75-0.330.670.50.20.67-0.950.340.760.540.95-0.510.75-0.89
-0.64-0.60.630.350.44-0.970.89-0.43-0.020.21-0.38-0.750.37-0.7-0.38-0.07-0.670.93-0.37-0.78-0.43-0.930.43-0.690.88
-0.72-0.490.390.110.44-0.950.89-0.24-0.28-0.02-0.67-0.660.07-0.62-0.67-0.37-0.580.93-0.23-0.71-0.63-0.840.68-0.830.87
0.020.95-0.9-0.95-0.410.35-0.43-0.24-0.45-0.92-0.40.44-0.380.9-0.4-0.790.42-0.470.320.850.180.430.20.05-0.65
-0.06-0.320.420.350.50.1-0.02-0.28-0.450.330.49-0.360.62-0.230.490.51-0.430.06-0.56-0.190.480.02-0.880.01-0.01
0.21-0.790.780.980.03-0.120.21-0.02-0.920.330.59-0.220.36-0.710.590.91-0.210.17-0.2-0.63-0.18-0.27-0.240.280.4
0.76-0.090.320.52-0.30.5-0.38-0.67-0.40.490.590.40.320.031.00.790.38-0.510.220.110.320.31-0.710.81-0.3
0.880.62-0.48-0.31-0.630.75-0.75-0.660.44-0.36-0.220.4-0.460.670.4-0.030.99-0.830.870.70.260.7-0.060.76-0.64
-0.18-0.30.630.440.09-0.330.370.07-0.380.620.360.32-0.46-0.290.320.38-0.440.28-0.45-0.310.19-0.55-0.510.00.23
0.380.99-0.86-0.8-0.560.67-0.7-0.620.9-0.23-0.710.030.67-0.290.03-0.460.63-0.780.410.990.390.67-0.150.45-0.89
0.76-0.090.320.52-0.30.5-0.38-0.67-0.40.490.591.00.40.320.030.790.38-0.510.220.110.320.31-0.710.81-0.3
0.42-0.580.640.870.00.2-0.07-0.37-0.790.510.910.79-0.030.38-0.460.79-0.05-0.13-0.18-0.370.20.03-0.540.50.08
0.880.59-0.43-0.28-0.660.67-0.67-0.580.42-0.43-0.210.380.99-0.440.630.38-0.05-0.770.920.650.170.60.030.75-0.57
-0.76-0.680.590.310.66-0.950.930.93-0.470.060.17-0.51-0.830.28-0.78-0.51-0.13-0.77-0.46-0.85-0.45-0.860.4-0.850.93
0.740.43-0.26-0.23-0.540.34-0.37-0.230.32-0.56-0.20.220.87-0.450.410.22-0.180.92-0.460.4-0.080.310.290.51-0.23
0.440.96-0.85-0.74-0.580.76-0.78-0.710.85-0.19-0.630.110.7-0.310.990.11-0.370.65-0.850.40.410.75-0.220.52-0.94
0.310.3-0.13-0.180.160.54-0.43-0.630.180.48-0.180.320.260.190.390.320.20.17-0.45-0.080.410.48-0.650.29-0.51
0.570.58-0.69-0.41-0.260.95-0.93-0.840.430.02-0.270.310.7-0.550.670.310.030.6-0.860.310.750.48-0.370.56-0.85
-0.31-0.03-0.14-0.2-0.1-0.510.430.680.2-0.88-0.24-0.71-0.06-0.51-0.15-0.71-0.540.030.40.29-0.22-0.65-0.37-0.430.43
0.910.34-0.130.17-0.730.75-0.69-0.830.050.010.280.810.760.00.450.810.50.75-0.850.510.520.290.56-0.43-0.64
-0.49-0.810.750.530.55-0.890.880.87-0.65-0.010.4-0.3-0.640.23-0.89-0.30.08-0.570.93-0.23-0.94-0.51-0.850.43-0.64
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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.