Tetra Long Term Debt vs Accounts Payable Analysis

TTI Stock

USD 3.96 0.08 1.98%

Tetra Technologies financial indicator trend analysis is much more than just breaking down Tetra Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tetra Technologies is a good investment. Please check the relationship between Tetra Technologies Long Term Debt and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Technologies. 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.

For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Technologies Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tetra Technologies' Long Term Debt and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Tetra Technologies, assuming nothing else is changed. The correlation between historical values of Tetra Technologies' Long Term Debt and Accounts Payable 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 Tetra Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Tetra Technologies' Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Tetra Technologies has held for over one year. Long-term debt appears on Tetra Technologies 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 Tetra Technologies 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.

Accounts Payable

An accounting item on the balance sheet that represents Tetra Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tetra Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Tetra Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tetra Technologies 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 Tetra Technologies. 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.

For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.As of now, Tetra Technologies' Enterprise Value Over EBITDA is increasing as compared to previous years. The Tetra Technologies' current Enterprise Value Multiple is estimated to increase to 9.32, while Tax Provision is projected to decrease to under 3.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	16.4M	15.8M	22.3M	18.1M
Depreciation And Amortization	33.5M	32.8M	34.3M	64.8M

Interest Expense Depreciation And Amortization

Tetra Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.85	0.18	0.41	0.68	0.88	0.79	0.37	0.22	0.92	0.59	0.22	0.8	-0.12	0.86	0.88	0.06	-0.03	0.92	0.83	0.53	0.44	0.79	0.75	0.06	0.09
Short Long Term Debt Total	0.85		-0.11	0.08	0.43	0.93	0.99	0.07	-0.14	0.91	0.73	-0.14	0.79	0.07	0.99	0.87	-0.21	0.17	0.88	0.92	0.17	0.39	0.91	0.82	0.18	0.21
Other Current Liab	0.18	-0.11		0.93	-0.16	-0.18	-0.16	-0.24	0.28	-0.15	0.19	0.28	-0.23	0.25	-0.12	-0.04	0.98	0.17	0.35	-0.26	0.87	0.04	-0.03	-0.25	0.21	0.23
Total Current Liabilities	0.41	0.08	0.93		-0.04	0.01	0.04	-0.11	0.29	0.08	0.22	0.29	0.02	0.21	0.06	0.23	0.91	0.13	0.53	-0.06	0.95	0.14	0.21	0.02	0.21	0.23
Total Stockholder Equity	0.68	0.43	-0.16	-0.04		0.65	0.35	0.78	0.43	0.69	0.27	0.43	0.68	-0.42	0.49	0.5	-0.27	-0.34	0.4	0.6	0.19	0.2	0.26	0.46	-0.21	-0.2
Property Plant And Equipment Net	0.88	0.93	-0.18	0.01	0.65		0.89	0.36	0.02	0.98	0.63	0.02	0.79	-0.16	0.95	0.82	-0.29	-0.09	0.81	0.95	0.14	0.43	0.8	0.76	0.03	0.05
Net Debt	0.79	0.99	-0.16	0.04	0.35	0.89		0.01	-0.28	0.87	0.73	-0.28	0.75	0.07	0.97	0.82	-0.23	0.19	0.85	0.89	0.1	0.31	0.93	0.79	0.18	0.21
Retained Earnings	0.37	0.07	-0.24	-0.11	0.78	0.36	0.01		0.47	0.44	-0.11	0.47	0.38	-0.75	0.09	0.17	-0.31	-0.8	0.03	0.23	0.02	0.21	-0.08	0.22	-0.63	-0.64
Cash	0.22	-0.14	0.28	0.29	0.43	0.02	-0.28	0.47		0.06	-0.14	1.0	0.1	-0.13	-0.09	0.13	0.21	-0.21	0.06	-0.02	0.49	0.15	-0.26	-0.05	-0.05	-0.06
Non Current Assets Total	0.92	0.91	-0.15	0.08	0.69	0.98	0.87	0.44	0.06		0.58	0.06	0.84	-0.2	0.91	0.86	-0.26	-0.15	0.81	0.93	0.2	0.44	0.81	0.8	-0.02	0.0
Non Currrent Assets Other	0.59	0.73	0.19	0.22	0.27	0.63	0.73	-0.11	-0.14	0.58		-0.14	0.39	0.11	0.74	0.44	0.15	0.17	0.74	0.58	0.29	-0.13	0.66	0.28	0.18	0.21
Cash And Short Term Investments	0.22	-0.14	0.28	0.29	0.43	0.02	-0.28	0.47	1.0	0.06	-0.14		0.1	-0.13	-0.09	0.13	0.21	-0.21	0.06	-0.02	0.49	0.15	-0.26	-0.05	-0.05	-0.06
Net Receivables	0.8	0.79	-0.23	0.02	0.68	0.79	0.75	0.38	0.1	0.84	0.39	0.1		0.06	0.77	0.9	-0.35	0.09	0.67	0.79	0.2	0.45	0.69	0.93	0.18	0.2
Common Stock Shares Outstanding	-0.12	0.07	0.25	0.21	-0.42	-0.16	0.07	-0.75	-0.13	-0.2	0.11	-0.13	0.06		0.03	0.19	0.25	0.87	0.13	-0.04	0.23	-0.03	0.17	0.11	0.94	0.94
Non Current Liabilities Total	0.86	0.99	-0.12	0.06	0.49	0.95	0.97	0.09	-0.09	0.91	0.74	-0.09	0.77	0.03		0.85	-0.21	0.16	0.88	0.94	0.17	0.35	0.88	0.77	0.18	0.21
Inventory	0.88	0.87	-0.04	0.23	0.5	0.82	0.82	0.17	0.13	0.86	0.44	0.13	0.9	0.19	0.85		-0.14	0.23	0.83	0.86	0.37	0.5	0.84	0.92	0.34	0.35
Other Current Assets	0.06	-0.21	0.98	0.91	-0.27	-0.29	-0.23	-0.31	0.21	-0.26	0.15	0.21	-0.35	0.25	-0.21	-0.14		0.18	0.25	-0.36	0.82	-0.13	-0.08	-0.36	0.21	0.22
Other Stockholder Equity	-0.03	0.17	0.17	0.13	-0.34	-0.09	0.19	-0.8	-0.21	-0.15	0.17	-0.21	0.09	0.87	0.16	0.23	0.18		0.2	0.08	0.16	-0.1	0.25	0.16	0.87	0.89
Total Liab	0.92	0.88	0.35	0.53	0.4	0.81	0.85	0.03	0.06	0.81	0.74	0.06	0.67	0.13	0.88	0.83	0.25	0.2		0.77	0.6	0.36	0.85	0.67	0.25	0.29
Property Plant And Equipment Gross	0.83	0.92	-0.26	-0.06	0.6	0.95	0.89	0.23	-0.02	0.93	0.58	-0.02	0.79	-0.04	0.94	0.86	-0.36	0.08	0.77		0.07	0.42	0.83	0.79	0.15	0.17
Total Current Assets	0.53	0.17	0.87	0.95	0.19	0.14	0.1	0.02	0.49	0.2	0.29	0.49	0.2	0.23	0.17	0.37	0.82	0.16	0.6	0.07		0.15	0.23	0.13	0.28	0.3
Short Term Debt	0.44	0.39	0.04	0.14	0.2	0.43	0.31	0.21	0.15	0.44	-0.13	0.15	0.45	-0.03	0.35	0.5	-0.13	-0.1	0.36	0.42	0.15		0.26	0.61	-0.03	-0.02
Intangible Assets	0.79	0.91	-0.03	0.21	0.26	0.8	0.93	-0.08	-0.26	0.81	0.66	-0.26	0.69	0.17	0.88	0.84	-0.08	0.25	0.85	0.83	0.23	0.26		0.73	0.29	0.32
Accounts Payable	0.75	0.82	-0.25	0.02	0.46	0.76	0.79	0.22	-0.05	0.8	0.28	-0.05	0.93	0.11	0.77	0.92	-0.36	0.16	0.67	0.79	0.13	0.61	0.73		0.2	0.21
Common Stock Total Equity	0.06	0.18	0.21	0.21	-0.21	0.03	0.18	-0.63	-0.05	-0.02	0.18	-0.05	0.18	0.94	0.18	0.34	0.21	0.87	0.25	0.15	0.28	-0.03	0.29	0.2		0.99
Common Stock	0.09	0.21	0.23	0.23	-0.2	0.05	0.21	-0.64	-0.06	0.0	0.21	-0.06	0.2	0.94	0.21	0.35	0.22	0.89	0.29	0.17	0.3	-0.02	0.32	0.21	0.99

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Tetra Technologies Account Relationship Matchups

Tetra Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.1B	398.3M	434.4M	479.0M	806.0M
Short Long Term Debt Total	896.8M	237.5M	191.5M	192.4M	196.8M	291.7M
Other Current Liab	74.1M	759.7M	35.9M	56.1M	53.4M	87.1M
Total Current Liabilities	188.7M	798.1M	97.1M	124.3M	126.0M	151.2M
Total Stockholder Equity	162.8M	71.1M	99.7M	107.6M	148.6M	277.6M
Property Plant And Equipment Net	758.6M	96.9M	125.9M	135.4M	139.6M	132.6M
Net Debt	879.1M	170.2M	159.9M	178.8M	144.3M	258.9M
Retained Earnings	(362.5M)	(413.7M)	(310.3M)	(302.5M)	(276.7M)	(262.9M)
Cash	17.7M	67.3M	31.6M	13.6M	52.5M	28.9M
Non Current Assets Total	920.6M	201.3M	187.9M	195.9M	196.9M	187.1M
Non Currrent Assets Other	161.9M	104.4M	12.1M	11.2M	10.8M	10.3M
Cash And Short Term Investments	17.7M	67.3M	31.6M	13.6M	52.5M	28.9M
Net Receivables	176.5M	64.1M	91.2M	129.6M	111.8M	121.6M
Common Stock Shares Outstanding	125.6M	125.8M	126.6M	129.8M	131.2M	86.9M
Liabilities And Stockholders Equity	1.3B	1.1B	398.3M	434.4M	479.0M	806.0M
Non Current Liabilities Total	920.4M	263.7M	202.6M	203.7M	205.7M	361.0M
Inventory	136.5M	76.7M	69.1M	72.1M	96.5M	79.4M
Other Current Assets	20.6M	723.6M	18.5M	23.1M	21.2M	41.2M
Other Stockholder Equity	576.2M	452.7M	455.7M	457.9M	469.2M	492.7M
Total Liab	1.1B	1.1B	299.7M	328.0M	331.6M	512.2M
Property Plant And Equipment Gross	826.8M	140.3M	454.9M	135.4M	447.6M	437.7M
Total Current Assets	351.4M	931.5M	210.4M	238.4M	282.0M	282.4M
Accumulated Other Comprehensive Income	(52.2M)	(49.9M)	(46.9M)	(49.1M)	(45.2M)	(43.0M)
Short Term Debt	15.9M	8.8M	16.2M	9.1M	9.9M	13.2M
Intangible Assets	74.2M	41.5M	37.0M	33.0M	29.1M	33.1M
Accounts Payable	88.9M	22.6M	37.9M	49.1M	52.3M	52.2M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.5M	802.8K
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	855.1K
Other Liab	23.6M	26.2M	19.2M	19.1M	17.2M	16.4M
Other Assets	19.6M	104.4M	13.7M	10.4M	12.0M	11.4M
Long Term Debt	842.9M	199.9M	151.9M	156.5M	157.5M	149.6M
Treasury Stock	(19.0M)	(19.2M)	(19.5M)	(20.0M)	(18.0M)	(18.9M)
Property Plant Equipment	758.6M	96.9M	125.9M	135.4M	155.7M	147.9M
Current Deferred Revenue	9.8M	2.7M	49.7M	2.0M	3.1M	2.9M
Net Tangible Assets	(39.8M)	(51.1M)	62.7M	74.7M	67.2M	118.0M
Noncontrolling Interest In Consolidated Entity	139.3M	128.5M	80.7M	(1.1M)	(1.3M)	(1.2M)
Retained Earnings Total Equity	(218.0M)	(362.5M)	(413.7M)	(310.3M)	(279.3M)	(265.3M)

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When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:

How To Invest In Tetra

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Is Tetra Stock a good investment?

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What is Tetra Technologies' Net Worth?

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Largest Oil & Gas Equipment & Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Technologies. 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.

For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Technologies. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.58)

Earnings Share

0.06

Revenue Per Share

4.721

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0587

The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tetra Long Term Debt vs Accounts Payable Analysis

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Debt

Accounts Payable

Tetra Technologies fundamental ratios Correlations

Tetra Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tetra Technologies fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.99	Common Stock Total Equity
Other Current Assets	+ 0.98	Other Current Liab
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.8	Retained Earnings
Common Stock Shares Outstanding	- 0.75	Retained Earnings
Common Stock	- 0.64	Retained Earnings
Common Stock Total Equity	- 0.63	Retained Earnings
Common Stock Shares Outstanding	- 0.42	Total Stockholder Equity
Accounts Payable	- 0.36	Other Current Assets