Tronox Other Current Assets vs Cash Analysis

TROX Stock  USD 12.29  0.18  1.49%   
Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Other Current Assets and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings 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 persons.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tronox Holdings PLC Other Current Assets account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tronox Holdings' Other Current Assets and Cash is 0.47. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Other Current Assets and Cash 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 Assets of Tronox Holdings PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Tronox Holdings' Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Tronox Holdings PLC, which is listed under current asset account on Tronox Holdings PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tronox Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Tronox Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox Holdings 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 Tronox Holdings 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 persons.
At this time, Tronox Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit895M832M462M342.3M
Total Revenue3.6B3.5B2.9B2.0B

Tronox Holdings fundamental ratios Correlations

0.580.80.660.15-0.120.880.90.510.440.660.720.720.560.270.910.270.550.290.850.80.170.750.30.850.8
0.580.360.320.320.050.420.150.250.490.410.17-0.050.430.150.560.150.180.330.080.62-0.30.360.460.47-0.01
0.80.360.34-0.1-0.220.660.770.60.220.530.590.740.30.030.880.030.50.260.740.53-0.10.340.250.870.73
0.660.320.34-0.05-0.460.50.640.440.150.410.520.470.40.30.530.30.420.610.630.630.230.670.620.490.52
0.150.32-0.1-0.050.780.390.040.220.680.610.460.10.68-0.380.25-0.380.28-0.55-0.040.45-0.19-0.04-0.450.01-0.02
-0.120.05-0.22-0.460.780.3-0.14-0.020.40.410.270.00.55-0.50.0-0.50.07-0.85-0.210.21-0.16-0.27-0.77-0.15-0.14
0.880.420.660.50.390.30.850.530.510.810.850.780.79-0.010.84-0.010.59-0.120.790.830.20.59-0.090.730.78
0.90.150.770.640.04-0.140.850.510.290.610.80.910.480.210.810.210.590.150.990.650.350.690.10.770.97
0.510.250.60.440.22-0.020.530.510.130.480.610.540.42-0.090.63-0.090.240.110.510.54-0.10.220.160.630.49
0.440.490.220.150.680.40.510.290.130.640.380.340.59-0.290.54-0.290.47-0.190.20.44-0.040.09-0.110.220.21
0.660.410.530.410.610.410.810.610.480.640.880.690.93-0.470.81-0.470.72-0.10.490.86-0.220.17-0.030.570.47
0.720.170.590.520.460.270.850.80.610.380.880.830.8-0.230.76-0.230.69-0.110.730.810.060.39-0.110.70.72
0.72-0.050.740.470.10.00.780.910.540.340.690.830.53-0.180.78-0.180.62-0.010.870.560.230.34-0.060.660.9
0.560.430.30.40.680.550.790.480.420.590.930.80.53-0.430.65-0.430.57-0.180.360.87-0.150.2-0.10.410.33
0.270.150.030.3-0.38-0.5-0.010.21-0.09-0.29-0.47-0.23-0.18-0.43-0.091.0-0.240.340.31-0.120.470.750.280.130.26
0.910.560.880.530.250.00.840.810.630.540.810.760.780.65-0.09-0.090.620.220.740.81-0.130.410.260.850.7
0.270.150.030.3-0.38-0.5-0.010.21-0.09-0.29-0.47-0.23-0.18-0.431.0-0.09-0.240.340.31-0.120.470.750.280.130.26
0.550.180.50.420.280.070.590.590.240.470.720.690.620.57-0.240.62-0.240.020.520.480.00.250.00.450.49
0.290.330.260.61-0.55-0.85-0.120.150.11-0.19-0.1-0.11-0.01-0.180.340.220.340.020.150.17-0.150.270.980.30.04
0.850.080.740.63-0.04-0.210.790.990.510.20.490.730.870.360.310.740.310.520.150.550.430.720.090.740.99
0.80.620.530.630.450.210.830.650.540.440.860.810.560.87-0.120.81-0.120.480.170.55-0.140.470.240.70.48
0.17-0.3-0.10.23-0.19-0.160.20.35-0.1-0.04-0.220.060.23-0.150.47-0.130.470.0-0.150.43-0.140.59-0.24-0.020.45
0.750.360.340.67-0.04-0.270.590.690.220.090.170.390.340.20.750.410.750.250.270.720.470.590.230.520.65
0.30.460.250.62-0.45-0.77-0.090.10.16-0.11-0.03-0.11-0.06-0.10.280.260.280.00.980.090.24-0.240.230.31-0.03
0.850.470.870.490.01-0.150.730.770.630.220.570.70.660.410.130.850.130.450.30.740.7-0.020.520.310.7
0.8-0.010.730.52-0.02-0.140.780.970.490.210.470.720.90.330.260.70.260.490.040.990.480.450.65-0.030.7
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Tronox Holdings Account Relationship Matchups

Tronox Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.6B6.0B6.3B6.1B4.0B
Total Stockholder Equity748M1.7B2.0B2.4B1.9B1.2B
Property Plant And Equipment Net2.7B2.6B2.5B2.7B2.6B1.9B
Non Currrent Assets Other159M175M194M196M218M228.9M
Common Stock Shares Outstanding139.9M144.9M157.9M157.1M156.4M134.7M
Liabilities And Stockholders Equity5.3B6.6B6.0B6.3B6.1B4.1B
Other Stockholder Equity1.8B1.9B2.1B2.0B2.1B1.4B
Total Liab4.4B4.7B3.9B3.9B4.2B2.8B
Property Plant And Equipment Gross2.7B2.6B2.5B2.7B4.9B5.2B
Other Current Liab26M311M302M303M211M142.3M
Total Current Liabilities724M805M822M850M753M532.9M
Other Liab600M588M510M479M550.9M462.3M
Net Debt2.8B2.8B2.4B2.5B2.7B1.6B
Cash302M619M228M164M273M481.4M
Non Current Assets Total3.2B4.0B3.9B4.3B4.0B2.7B
Cash And Short Term Investments302M619M228M164M273M481.4M
Net Receivables488M547M637M383M300M390.8M
Good Will198M176M208M201M231.2M190.1M
Non Current Liabilities Total3.7B3.9B3.1B3.1B3.4B2.6B
Inventory1.1B1.1B1.0B1.3B1.4B726.2M
Other Current Assets175M226M136M135M141M177.5M
Total Current Assets2.1B2.5B2.0B2.0B2.1B1.8B
Accumulated Other Comprehensive Income(606M)(610M)(738M)(768M)(814M)(773.3M)
Intangible Assets208M201M217M250M243M221.9M
Property Plant Equipment2.7B2.6B2.5B2.5B2.9B2.0B
Short Long Term Debt Total3.1B3.4B2.7B2.7B3.0B2.2B
Current Deferred Revenue266M295M315M53M61.0M57.9M
Retained Earnings(493M)434M663M1.1B684M718.2M
Long Term Debt3.0B3.3B2.6B2.5B2.8B2.3B
Short Term Debt76M136M70M114M86M59.1M
Net Tangible Assets540M1.5B1.8B2.1B1.9B1.0B
Noncontrolling Interest In Consolidated Entity168M173M48M46M41.4M39.3M
Retained Earnings Total Equity(493M)434M663M1.1B972M1.0B

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