TRU Stock | | | USD 102.38 3.25 3.28% |
TransUnion financial indicator trend analysis is much more than just breaking down TransUnion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransUnion is a good investment. Please check the relationship between TransUnion Retained Earnings Total Equity and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransUnion. 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.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Retained Earnings Total Equity vs Other Current Assets
Retained Earnings Total Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TransUnion Retained Earnings Total Equity account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TransUnion's Retained Earnings Total Equity and Other Current Assets is 0.52. Overlapping area represents the amount of variation of Retained Earnings Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of TransUnion, assuming nothing else is changed. The correlation between historical values of TransUnion's Retained Earnings Total Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings Total Equity of TransUnion are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings Total Equity i.e., TransUnion's Retained Earnings Total Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.
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.
Most indicators from TransUnion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransUnion 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 TransUnion. 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.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas
Selling General Administrative is likely to drop slightly above 754.7
M in 2024.
TransUnion fundamental ratios Correlations
Click cells to compare fundamentals
TransUnion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TransUnion fundamental ratios Accounts
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Additional Tools for TransUnion Stock Analysis
When running TransUnion's price analysis, check to
measure TransUnion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransUnion is operating at the current time. Most of TransUnion's value examination focuses on studying past and present price action to
predict the probability of TransUnion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransUnion's price. Additionally, you may evaluate how the addition of TransUnion to your portfolios can decrease your overall portfolio volatility.