| 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 Other Operating Expenses and its Total Operating Expenses 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.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sixth Street Specialty Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sixth Street's Other Operating Expenses and Total Operating Expenses is 0.68. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses 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 Other Operating Expenses and Total Operating Expenses 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 Operating Expenses of Sixth Street Specialty are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., Sixth Street's Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sixth Street Specialty. It is also known as Sixth Street overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
Sixth Street fundamental ratios Correlations
Click cells to compare fundamentals
Sixth Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sixth Street fundamental ratios Accounts
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Additional Tools for Sixth Stock Analysis
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predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.