TRTX Stock | | | USD 9.13 0.07 0.76% |
TPG RE financial indicator trend analysis is much more than just breaking down TPG RE Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPG RE Finance is a good investment. Please check the relationship between TPG RE Sale Purchase Of Stock and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TPG RE Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sale Purchase Of Stock vs Depreciation
Sale Purchase Of Stock vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TPG RE Finance Sale Purchase Of Stock account and
Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between TPG RE's Sale Purchase Of Stock and Depreciation is 0.03. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of TPG RE Finance, assuming nothing else is changed. The correlation between historical values of TPG RE's Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of TPG RE Finance are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., TPG RE's Sale Purchase Of Stock and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Depreciation
Depreciation indicates how much of TPG RE Finance value has been used up. For tax purposes TPG RE can deduct the cost of the tangible assets it purchases as business expenses. However, TPG RE Finance must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from TPG RE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPG RE Finance 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 TPG RE Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, TPG RE's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7
M in 2024.
TPG RE fundamental ratios Correlations
Click cells to compare fundamentals
TPG RE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TPG RE fundamental ratios Accounts
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Additional Tools for TPG Stock Analysis
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