Trio Common Stock Shares Outstanding vs Short Long Term Debt Total Analysis

TRT Stock  USD 6.87  0.03  0.44%   
Trio Tech financial indicator trend analysis is much more than just breaking down Trio Tech International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Tech International is a good investment. Please check the relationship between Trio Tech Common Stock Shares Outstanding and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Tech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Shares Outstanding vs Short Long Term Debt Total

Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trio Tech International Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Trio Tech's Common Stock Shares Outstanding and Short Long Term Debt Total is -0.75. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Trio Tech International, assuming nothing else is changed. The correlation between historical values of Trio Tech's Common Stock Shares Outstanding and Short Long Term Debt Total 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 Trio Tech International are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Trio Tech's Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

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

Short Long Term Debt Total

Most indicators from Trio Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trio Tech International 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 Trio Tech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Trio Tech's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 5.09 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit11.7M11.7M10.8M9.2M
Total Revenue44.1M43.3M42.3M33.8M

Trio Tech fundamental ratios Correlations

-0.41-0.750.1-0.58-0.17-0.87-0.450.07-0.730.14-0.92-0.60.22-0.43-0.54-0.040.360.96-0.630.08-0.650.17-0.380.48-0.38
-0.410.390.630.650.940.57-0.240.670.340.560.420.270.550.810.440.630.44-0.240.660.850.210.370.940.260.96
-0.750.390.260.870.070.810.7-0.270.64-0.320.830.63-0.40.670.63-0.01-0.21-0.710.89-0.050.93-0.280.19-0.570.22
0.10.630.260.550.580.24-0.20.42-0.150.420.080.080.350.660.250.390.580.170.520.650.160.270.470.160.54
-0.580.650.870.550.370.660.320.110.640.10.640.48-0.030.90.520.40.17-0.490.970.350.820.060.46-0.310.48
-0.170.940.070.580.370.32-0.480.790.090.680.150.050.710.620.220.610.520.010.370.94-0.110.470.960.480.96
-0.870.570.810.240.660.320.48-0.040.57-0.150.960.7-0.20.520.750.03-0.27-0.840.760.070.62-0.250.44-0.430.47
-0.45-0.240.7-0.20.32-0.480.48-0.820.39-0.90.590.51-0.890.080.45-0.44-0.66-0.510.39-0.60.68-0.71-0.41-0.75-0.42
0.070.67-0.270.420.110.79-0.04-0.82-0.110.93-0.21-0.230.970.340.00.610.760.180.090.85-0.380.750.740.780.78
-0.730.340.64-0.150.640.090.570.39-0.11-0.130.640.54-0.230.490.470.41-0.35-0.690.660.00.61-0.210.27-0.420.21
0.140.56-0.320.420.10.68-0.15-0.90.93-0.13-0.27-0.290.930.3-0.220.580.750.250.020.77-0.340.770.660.650.69
-0.920.420.830.080.640.150.960.59-0.210.64-0.270.76-0.380.440.62-0.04-0.42-0.910.7-0.120.73-0.30.32-0.620.33
-0.60.270.630.080.480.050.70.51-0.230.54-0.290.76-0.330.250.560.05-0.31-0.620.56-0.140.54-0.190.16-0.440.14
0.220.55-0.40.35-0.030.71-0.2-0.890.97-0.230.93-0.38-0.330.2-0.120.530.770.35-0.060.81-0.510.730.640.870.68
-0.430.810.670.660.90.620.520.080.340.490.30.440.250.20.460.50.41-0.270.860.630.570.260.66-0.070.68
-0.540.440.630.250.520.220.750.450.00.47-0.220.620.56-0.120.460.12-0.09-0.550.720.120.35-0.260.21-0.120.27
-0.040.63-0.010.390.40.610.03-0.440.610.410.58-0.040.050.530.50.120.40.040.360.71-0.030.40.570.330.54
0.360.44-0.210.580.170.52-0.27-0.660.76-0.350.75-0.42-0.310.770.41-0.090.40.480.110.72-0.230.860.410.680.47
0.96-0.24-0.710.17-0.490.01-0.84-0.510.18-0.690.25-0.91-0.620.35-0.27-0.550.040.48-0.560.26-0.630.3-0.20.57-0.2
-0.630.660.890.520.970.370.760.390.090.660.020.70.56-0.060.860.720.360.11-0.560.320.77-0.030.43-0.290.47
0.080.85-0.050.650.350.940.07-0.60.850.00.77-0.12-0.140.810.630.120.710.720.260.32-0.190.580.840.640.86
-0.650.210.930.160.82-0.110.620.68-0.380.61-0.340.730.54-0.510.570.35-0.03-0.23-0.630.77-0.19-0.230.04-0.710.04
0.170.37-0.280.270.060.47-0.25-0.710.75-0.210.77-0.3-0.190.730.26-0.260.40.860.3-0.030.58-0.230.450.560.48
-0.380.940.190.470.460.960.44-0.410.740.270.660.320.160.640.660.210.570.41-0.20.430.840.040.450.330.99
0.480.26-0.570.16-0.310.48-0.43-0.750.78-0.420.65-0.62-0.440.87-0.07-0.120.330.680.57-0.290.64-0.710.560.330.36
-0.380.960.220.540.480.960.47-0.420.780.210.690.330.140.680.680.270.540.47-0.20.470.860.040.480.990.36
Click cells to compare fundamentals

Trio Tech Account Relationship Matchups

Trio Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.7M3.8M4.2M4.2M4.3M3.7M
Total Assets35.7M38.3M43.4M42.2M42.5M32.0M
Short Long Term Debt Total4.1M4.5M6.1M4.1M2.9M3.8M
Other Current Liab2.8M2.7M5.0M4.2M3.6M2.9M
Total Current Liabilities7.2M8.8M11.9M9.3M9.4M9.0M
Total Stockholder Equity24.0M25.6M27.9M29.4M31.3M18.3M
Property Plant And Equipment Net11.3M11.4M11.6M11.0M7.8M9.7M
Net Debt(41K)(1.4M)(1.6M)(3.5M)(7.2M)(6.8M)
Retained Earnings8.0M6.8M9.2M10.8M11.8M12.4M
Accounts Payable2.6M3.7M2.4M1.7M3.2M3.0M
Cash4.2M5.8M7.7M7.6M10.0M10.5M
Non Current Assets Total15.5M14.3M14.2M13.4M10.4M13.0M
Non Currrent Assets Other4.0M2.7M2.4M2.3M2.4M2.3M
Cash And Short Term Investments10.8M12.5M13.1M14.2M16.5M17.4M
Net Receivables6.9M9.0M12.6M10.8M11.2M8.2M
Liabilities And Stockholders Equity35.7M38.3M43.4M42.2M42.5M32.0M
Non Current Liabilities Total3.3M3.5M3.5M3.3M1.5M2.5M
Inventory1.9M2.1M2.3M2.2M3.2M2.1M
Other Current Assets341K418K1.2M1.7M1.3M1.3M
Other Stockholder Equity3.4M4.2M4.7M5.1M5.5M3.4M
Total Liab10.5M12.3M15.4M12.6M11.0M11.6M
Total Current Assets20.2M24.0M29.2M28.8M32.2M19.0M
Short Term Debt1.3M1.4M2.7M1.7M1.5M1.9M
Property Plant And Equipment Gross11.3M11.8M11.6M45.5M41.7M43.8M
Accumulated Other Comprehensive Income1.1M2.4M1.2M758K660K1.0M
Short Term Investments6.7M6.7M5.4M6.6M6.5M6.8M
Other Assets4.2M2.9M2.6M1.9M2.2M3.1M
Long Term Debt1.9M1.6M1.3M877K613K582.4K
Property Plant Equipment11.3M11.4M11.6M11.4M13.1M10.9M
Current Deferred Revenue594K740K998K1.3M754K1.0M
Other Liab466K416K165K859K987.9K1.0M
Net Tangible Assets24.0M25.6M27.9M29.4M33.8M25.6M
Retained Earnings Total Equity5.5M7.1M8.0M6.8M7.8M4.4M
Long Term Debt Total2.3M1.6M1.4M919K827.1K785.7K
Capital Surpluse3.4M4.2M4.7M5.1M5.8M3.8M

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