Sixth Long Term Debt vs Long Term Debt Total Analysis

TSLX Stock  USD 20.94  0.16  0.77%   
Sixth Street financial indicator trend analysis is much more than just breaking down Sixth Street Specialty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sixth Street Specialty is a good investment. Please check the relationship between Sixth Street Long Term Debt and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Long Term Debt Total

Long Term Debt vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sixth Street Specialty Long Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sixth Street's Long Term Debt and Long Term Debt Total is 0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Sixth Street Specialty, assuming nothing else is changed. The correlation between historical values of Sixth Street's Long Term Debt and 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 Long Term Debt of Sixth Street Specialty are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Sixth Street's Long Term Debt and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Sixth Street Specialty has held for over one year. Long-term debt appears on Sixth Street Specialty balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sixth Street Specialty balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Debt Total

Most indicators from Sixth Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sixth Street Specialty 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 Sixth Street Specialty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Selling General Administrative is likely to rise to about 110.9 M in 2024, whereas Tax Provision is likely to drop slightly above 3.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit224.0M72.5M438.1M460.0M
Total Revenue224.0M136.5M438.1M460.0M

Sixth Street fundamental ratios Correlations

0.92-0.620.690.980.90.650.36-0.660.7-0.860.650.30.770.97-0.650.980.970.99-0.650.930.920.9-0.80.970.92
0.92-0.750.530.860.840.470.1-0.490.37-0.970.470.640.730.87-0.480.960.850.94-0.470.80.850.84-0.810.890.9
-0.62-0.75-0.7-0.54-0.79-0.220.090.18-0.150.79-0.22-0.53-0.89-0.580.23-0.63-0.56-0.660.22-0.48-0.54-0.710.67-0.64-0.73
0.690.53-0.70.710.80.590.57-0.550.61-0.590.59-0.010.870.66-0.590.580.730.64-0.590.70.610.73-0.560.680.62
0.980.86-0.540.710.860.740.5-0.760.72-0.830.740.250.730.96-0.740.930.990.93-0.740.970.890.86-0.730.940.85
0.90.84-0.790.80.860.550.27-0.570.62-0.860.550.250.930.87-0.560.890.860.9-0.550.820.820.98-0.840.880.88
0.650.47-0.220.590.740.550.69-0.730.56-0.521.00.040.460.55-1.00.560.750.55-1.00.710.490.49-0.320.50.37
0.360.10.090.570.50.270.69-0.710.5-0.190.69-0.230.180.37-0.690.230.50.23-0.690.560.340.27-0.120.30.08
-0.66-0.490.18-0.55-0.76-0.57-0.73-0.71-0.580.54-0.74-0.04-0.42-0.650.73-0.59-0.75-0.570.74-0.88-0.57-0.560.36-0.58-0.39
0.70.37-0.150.610.720.620.560.5-0.58-0.270.56-0.470.510.68-0.560.590.710.66-0.560.70.640.63-0.440.670.59
-0.86-0.970.79-0.59-0.83-0.86-0.52-0.190.54-0.27-0.52-0.69-0.77-0.840.52-0.91-0.83-0.860.52-0.79-0.79-0.840.8-0.84-0.83
0.650.47-0.220.590.740.551.00.69-0.740.56-0.520.040.460.55-1.00.560.750.55-1.00.710.490.49-0.320.50.37
0.30.64-0.53-0.010.250.250.04-0.23-0.04-0.47-0.690.040.230.28-0.050.430.250.33-0.040.220.280.24-0.380.30.34
0.770.73-0.890.870.730.930.460.18-0.420.51-0.770.460.230.74-0.460.740.740.77-0.460.680.670.85-0.680.770.78
0.970.87-0.580.660.960.870.550.37-0.650.68-0.840.550.280.74-0.560.930.960.94-0.550.930.890.88-0.790.990.91
-0.65-0.480.23-0.59-0.74-0.56-1.0-0.690.73-0.560.52-1.0-0.05-0.46-0.56-0.57-0.75-0.551.0-0.72-0.5-0.490.33-0.51-0.37
0.980.96-0.630.580.930.890.560.23-0.590.59-0.910.560.430.740.93-0.570.910.99-0.560.870.910.91-0.840.940.92
0.970.85-0.560.730.990.860.750.5-0.750.71-0.830.750.250.740.96-0.750.910.92-0.750.960.850.84-0.740.940.84
0.990.94-0.660.640.930.90.550.23-0.570.66-0.860.550.330.770.94-0.550.990.92-0.550.870.920.91-0.820.960.95
-0.65-0.470.22-0.59-0.74-0.55-1.0-0.690.74-0.560.52-1.0-0.04-0.46-0.551.0-0.56-0.75-0.55-0.71-0.49-0.490.32-0.5-0.37
0.930.8-0.480.70.970.820.710.56-0.880.7-0.790.710.220.680.93-0.720.870.960.87-0.710.840.81-0.650.90.77
0.920.85-0.540.610.890.820.490.34-0.570.64-0.790.490.280.670.89-0.50.910.850.92-0.490.840.85-0.760.90.9
0.90.84-0.710.730.860.980.490.27-0.560.63-0.840.490.240.850.88-0.490.910.840.91-0.490.810.85-0.910.890.89
-0.8-0.810.67-0.56-0.73-0.84-0.32-0.120.36-0.440.8-0.32-0.38-0.68-0.790.33-0.84-0.74-0.820.32-0.65-0.76-0.91-0.82-0.87
0.970.89-0.640.680.940.880.50.3-0.580.67-0.840.50.30.770.99-0.510.940.940.96-0.50.90.90.89-0.820.95
0.920.9-0.730.620.850.880.370.08-0.390.59-0.830.370.340.780.91-0.370.920.840.95-0.370.770.90.89-0.870.95
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Sixth Street Account Relationship Matchups

Sixth Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.6B2.8B3.3B2.0B
Short Long Term Debt Total1.1B1.1B1.2B2.3B1.8B976.7M
Other Current Liab(25.9M)(27.7M)(30.9M)(825.3M)(837.8M)(795.9M)
Total Current Liabilities25.9M27.7M30.9M30.8M62.9M66.0M
Total Stockholder Equity1.1B1.2B1.3B1.3B1.5B1.0B
Net Debt1.1B1.1B1.2B1.4B1.8B1.8B
Retained Earnings110.7M139.3M90.1M56.5M100.8M105.8M
Accounts Payable25.9M27.7M30.9M13.8M15.9M25.4M
Cash14.1M2.5M1.6M10.2M25.2M23.8M
Non Current Assets Total2.2B2.3B2.5B70.8M3.3B1.7B
Non Currrent Assets Other(2.3B)(2.3B)(2.6B)(5.6B)(3.3B)(3.1B)
Other Assets7.8M28.7M17.9M4.5M(24.0M)(25.2M)
Cash And Short Term Investments14.1M2.5M1.6M2.7B25.2M23.9M
Net Receivables13.1M8.6M10.8M18.8M28.0M29.4M
Common Stock Shares Outstanding66.1M67.2M77.7M78.2M85.1M64.9M
Short Term Investments1.7T(7.3M)2.5B2.7B2.4B2.3B
Liabilities And Stockholders Equity2.3B2.3B2.6B2.8B3.3B2.0B
Non Current Liabilities Total1.1B1.1B1.2B1.5B1.4B870.7M
Other Stockholder Equity897.2M1.0B1.2B1.2B1.4B951.4M
Total Liab1.2B1.2B1.3B1.5B1.8B951.1M
Total Current Assets27.2M11.0M12.3M2.8B84.7M80.5M
Common Stock666K680K761K821K885K603.0K
Other Liab23.9M19.4M21.9M22.8M26.2M14.8M
Long Term Debt703.4M608.0M1.1B1.4B1.7B1.7B
Common Stock Total Equity655K666K680K821K944.2K672.6K
Net Tangible Assets1.1B1.2B1.3B1.3B1.5B1.2B
Other Current Assets(27.2M)17.9M3.5M(44.5M)31.6M33.1M
Long Term Investments2.2B2.3B2.5B2.8B3.3B2.3B
Short Term Debt1.1B1.1B99.7M856.1M1.2B759.8M
Long Term Debt Total703.4M608.0M1.1B1.4B1.7B948.0M
Capital Surpluse906.5M991.9M1.0B1.3B1.5B1.1B
Net Invested Capital2.2B2.3B2.5B2.8B3.3B2.6B
Capital Stock666K680K761K821K885K819.1K

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