TROOPS Historical Balance Sheet
| TROO Stock | USD 1.84 0.12 6.98% |
Trend analysis of TROOPS Inc balance sheet accounts such as Cash of 4.9 M, Non Current Assets Total of 53.1 M, Non Currrent Assets Other of 13.1 M or Cash And Short Term Investments of 4.9 M provides information on TROOPS's total assets, liabilities, and equity, which is the actual value of TROOPS Inc to its prevalent stockholders. By breaking down trends over time using TROOPS balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining TROOPS Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TROOPS Inc is a good buy for the upcoming year.
TROOPS Inventory |
|
TROOPS |
About TROOPS Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of TROOPS Inc at a specified time, usually calculated after every quarter, six months, or one year. TROOPS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TROOPS 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 TROOPS currently owns. An asset can also be divided into two categories, current and non-current.
TROOPS Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of TROOPS 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 TROOPS Inc 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.Total Current Liabilities
Total Current Liabilities is an item on TROOPS balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TROOPS Inc 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.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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from TROOPS's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into TROOPS Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 TROOPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, TROOPS's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 97.5 M, while Short and Long Term Debt Total is likely to drop 3,800.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 164K | 120K | 4K | 3.8K | Total Assets | 70.3M | 69.7M | 70.3M | 97.5M |
TROOPS balance sheet Correlations
Click cells to compare fundamentals
TROOPS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TROOPS balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 140.6M | 90.1M | 70.3M | 69.7M | 70.3M | 97.5M | |
| Short Long Term Debt Total | 11.0M | 11.8M | 164K | 120K | 4K | 3.8K | |
| Total Current Liabilities | 6.5M | 7.4M | 2.2M | 2.2M | 4.7M | 8.9M | |
| Total Stockholder Equity | 120.4M | 70.6M | 62.5M | 62.2M | 60.6M | 77.0M | |
| Net Debt | 5.8M | 8.8M | (3.3M) | (2.8M) | (3.1M) | (3.0M) | |
| Retained Earnings | 2.3M | (65.1M) | (73.5M) | (73.9M) | (75.6M) | (71.8M) | |
| Cash | 5.2M | 3.0M | 3.5M | 3.0M | 3.1M | 4.9M | |
| Non Current Assets Total | 93.4M | 64.5M | 64.1M | 58.1M | 59.7M | 53.1M | |
| Non Currrent Assets Other | 29.1M | 6.6M | (51.1M) | (49.1M) | 12.5M | 13.1M | |
| Cash And Short Term Investments | 5.2M | 3.0M | 3.5M | 3.0M | 3.1M | 4.9M | |
| Common Stock Shares Outstanding | 79.2M | 98.1M | 101.6M | 101.6M | 116.8M | 122.7M | |
| Liabilities And Stockholders Equity | 140.6M | 90.1M | 70.3M | 69.7M | 70.3M | 97.5M | |
| Non Current Liabilities Total | 13.5M | 12.1M | 5.6M | 5.3M | 5.0M | 6.5M | |
| Other Stockholder Equity | 117.8M | 135.3M | 135.6M | 135.7M | 135.8M | 68.9M | |
| Total Liab | 20.0M | 19.5M | 7.8M | 7.5M | 9.8M | 13.4M | |
| Total Current Assets | 47.2M | 25.7M | 6.2M | 11.5M | 10.7M | 10.1M | |
| Short Term Debt | 4.5M | 5.6M | 77K | 116K | 4K | 3.8K | |
| Common Stock | 302K | 320K | 405K | 406K | 466.9K | 490.2K | |
| Other Current Liab | 2.0M | 1.9M | 1.6M | 1.6M | 4.2M | 3.1M | |
| Other Current Assets | 6.0M | 125K | 165K | 116K | 256K | 243.2K | |
| Property Plant And Equipment Net | 58.0M | 52.3M | 50.6M | 48.7M | 46.8M | 26.1M | |
| Accounts Payable | 2.0M | 1K | 0.0 | 1.9M | 1.7M | 3.2M | |
| Net Receivables | 35.3M | 22.5M | 2.6M | 8.5M | 7.3M | 6.9M | |
| Accumulated Other Comprehensive Income | (10K) | (5K) | 8K | 3K | 2.7K | 2.8K | |
| Intangible Assets | 2.4M | 446K | 61K | 42K | 29K | 27.6K | |
| Good Will | 20.8M | 3.9M | 5.1M | 385K | 346.5K | 329.2K | |
| Other Liab | 12.3M | 7.1M | 5.9M | 5.5M | 5.0M | 6.7M | |
| Net Tangible Assets | 94.7M | 115.7M | 65.1M | 62.1M | 71.4M | 80.6M | |
| Other Assets | 12.6M | 34.4M | 6.6M | 13.1M | 11.8M | 16.6M | |
| Net Invested Capital | 131.3M | 82.2M | 62.6M | 62.3M | 60.6M | 71.7M | |
| Short Long Term Debt | 4.5M | 5.4M | 38K | 94K | 84.6K | 80.4K | |
| Net Working Capital | 40.7M | 18.2M | 4.0M | 9.4M | 5.9M | 5.6M | |
| Property Plant Equipment | 58.3M | 55.1M | 52.3M | 50.6M | 58.2M | 47.7M |
Pair Trading with TROOPS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TROOPS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TROOPS will appreciate offsetting losses from the drop in the long position's value.Moving against TROOPS Stock
| 0.94 | DUOL | Duolingo | PairCorr |
| 0.91 | BL | Blackline | PairCorr |
| 0.87 | DOCU | DocuSign Earnings Call This Week | PairCorr |
| 0.86 | DUOT | Duos Technologies | PairCorr |
| 0.83 | DSGX | Descartes Systems Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to TROOPS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TROOPS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TROOPS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TROOPS Inc to buy it.
The correlation of TROOPS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TROOPS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TROOPS Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TROOPS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TROOPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TROOPS. If investors know TROOPS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TROOPS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.035 | Quarterly Revenue Growth (0.11) | Return On Assets (0.02) | Return On Equity (0.03) |
The market value of TROOPS Inc is measured differently than its book value, which is the value of TROOPS that is recorded on the company's balance sheet. Investors also form their own opinion of TROOPS's value that differs from its market value or its book value, called intrinsic value, which is TROOPS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TROOPS's market value can be influenced by many factors that don't directly affect TROOPS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TROOPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if TROOPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TROOPS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.