Trainline Total Current Liabilities vs Non Currrent Assets Other 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 Total Current Liabilities and its Non Currrent Assets Other 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.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trainline Plc Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Trainline Plc's Total Current Liabilities and Non Currrent Assets Other is 0.44. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Trainline Plc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Trainline Plc's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Trainline Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Trainline Plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.