Tetra Non Currrent Assets Other vs Property Plant And Equipment Gross Analysis

TTI Stock  USD 3.87  0.09  2.27%   
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 Non Currrent Assets Other and its Property Plant And Equipment Gross 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.

Non Currrent Assets Other vs Property Plant And Equipment Gross

Non Currrent Assets Other vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Technologies Non Currrent Assets Other account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tetra Technologies' Non Currrent Assets Other and Property Plant And Equipment Gross is 0.58. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Gross 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' Non Currrent Assets Other and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Tetra Technologies are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Currrent Assets Other i.e., Tetra Technologies' Non Currrent Assets Other and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Gross

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 Expense16.4M15.8M22.3M18.1M
Depreciation And Amortization33.5M32.8M34.3M64.8M

Tetra Technologies fundamental ratios Correlations

0.850.180.410.680.880.790.370.220.920.590.220.8-0.120.860.880.06-0.030.920.830.530.440.790.750.060.09
0.85-0.110.080.430.930.990.07-0.140.910.73-0.140.790.070.990.87-0.210.170.880.920.170.390.910.820.180.21
0.18-0.110.93-0.16-0.18-0.16-0.240.28-0.150.190.28-0.230.25-0.12-0.040.980.170.35-0.260.870.04-0.03-0.250.210.23
0.410.080.93-0.040.010.04-0.110.290.080.220.290.020.210.060.230.910.130.53-0.060.950.140.210.020.210.23
0.680.43-0.16-0.040.650.350.780.430.690.270.430.68-0.420.490.5-0.27-0.340.40.60.190.20.260.46-0.21-0.2
0.880.93-0.180.010.650.890.360.020.980.630.020.79-0.160.950.82-0.29-0.090.810.950.140.430.80.760.030.05
0.790.99-0.160.040.350.890.01-0.280.870.73-0.280.750.070.970.82-0.230.190.850.890.10.310.930.790.180.21
0.370.07-0.24-0.110.780.360.010.470.44-0.110.470.38-0.750.090.17-0.31-0.80.030.230.020.21-0.080.22-0.63-0.64
0.22-0.140.280.290.430.02-0.280.470.06-0.141.00.1-0.13-0.090.130.21-0.210.06-0.020.490.15-0.26-0.05-0.05-0.06
0.920.91-0.150.080.690.980.870.440.060.580.060.84-0.20.910.86-0.26-0.150.810.930.20.440.810.8-0.020.0
0.590.730.190.220.270.630.73-0.11-0.140.58-0.140.390.110.740.440.150.170.740.580.29-0.130.660.280.180.21
0.22-0.140.280.290.430.02-0.280.471.00.06-0.140.1-0.13-0.090.130.21-0.210.06-0.020.490.15-0.26-0.05-0.05-0.06
0.80.79-0.230.020.680.790.750.380.10.840.390.10.060.770.9-0.350.090.670.790.20.450.690.930.180.2
-0.120.070.250.21-0.42-0.160.07-0.75-0.13-0.20.11-0.130.060.030.190.250.870.13-0.040.23-0.030.170.110.940.94
0.860.99-0.120.060.490.950.970.09-0.090.910.74-0.090.770.030.85-0.210.160.880.940.170.350.880.770.180.21
0.880.87-0.040.230.50.820.820.170.130.860.440.130.90.190.85-0.140.230.830.860.370.50.840.920.340.35
0.06-0.210.980.91-0.27-0.29-0.23-0.310.21-0.260.150.21-0.350.25-0.21-0.140.180.25-0.360.82-0.13-0.08-0.360.210.22
-0.030.170.170.13-0.34-0.090.19-0.8-0.21-0.150.17-0.210.090.870.160.230.180.20.080.16-0.10.250.160.870.89
0.920.880.350.530.40.810.850.030.060.810.740.060.670.130.880.830.250.20.770.60.360.850.670.250.29
0.830.92-0.26-0.060.60.950.890.23-0.020.930.58-0.020.79-0.040.940.86-0.360.080.770.070.420.830.790.150.17
0.530.170.870.950.190.140.10.020.490.20.290.490.20.230.170.370.820.160.60.070.150.230.130.280.3
0.440.390.040.140.20.430.310.210.150.44-0.130.150.45-0.030.350.5-0.13-0.10.360.420.150.260.61-0.03-0.02
0.790.91-0.030.210.260.80.93-0.08-0.260.810.66-0.260.690.170.880.84-0.080.250.850.830.230.260.730.290.32
0.750.82-0.250.020.460.760.790.22-0.050.80.28-0.050.930.110.770.92-0.360.160.670.790.130.610.730.20.21
0.060.180.210.21-0.210.030.18-0.63-0.05-0.020.18-0.050.180.940.180.340.210.870.250.150.28-0.030.290.20.99
0.090.210.230.23-0.20.050.21-0.64-0.060.00.21-0.060.20.940.210.350.220.890.290.170.3-0.020.320.210.99
Click cells to compare fundamentals

Tetra Technologies Account Relationship Matchups

Tetra Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.1B398.3M434.4M479.0M806.0M
Short Long Term Debt Total896.8M237.5M191.5M192.4M196.8M291.7M
Other Current Liab74.1M759.7M35.9M56.1M53.4M87.1M
Total Current Liabilities188.7M798.1M97.1M124.3M126.0M151.2M
Total Stockholder Equity162.8M71.1M99.7M107.6M148.6M277.6M
Property Plant And Equipment Net758.6M96.9M125.9M135.4M139.6M132.6M
Net Debt879.1M170.2M159.9M178.8M144.3M258.9M
Retained Earnings(362.5M)(413.7M)(310.3M)(302.5M)(276.7M)(262.9M)
Cash17.7M67.3M31.6M13.6M52.5M28.9M
Non Current Assets Total920.6M201.3M187.9M195.9M196.9M187.1M
Non Currrent Assets Other161.9M104.4M12.1M11.2M10.8M10.3M
Cash And Short Term Investments17.7M67.3M31.6M13.6M52.5M28.9M
Net Receivables176.5M64.1M91.2M129.6M111.8M121.6M
Common Stock Shares Outstanding125.6M125.8M126.6M129.8M131.2M86.9M
Liabilities And Stockholders Equity1.3B1.1B398.3M434.4M479.0M806.0M
Non Current Liabilities Total920.4M263.7M202.6M203.7M205.7M361.0M
Inventory136.5M76.7M69.1M72.1M96.5M79.4M
Other Current Assets20.6M723.6M18.5M23.1M21.2M41.2M
Other Stockholder Equity576.2M452.7M455.7M457.9M469.2M492.7M
Total Liab1.1B1.1B299.7M328.0M331.6M512.2M
Property Plant And Equipment Gross826.8M140.3M454.9M135.4M447.6M437.7M
Total Current Assets351.4M931.5M210.4M238.4M282.0M282.4M
Accumulated Other Comprehensive Income(52.2M)(49.9M)(46.9M)(49.1M)(45.2M)(43.0M)
Short Term Debt15.9M8.8M16.2M9.1M9.9M13.2M
Intangible Assets74.2M41.5M37.0M33.0M29.1M33.1M
Accounts Payable88.9M22.6M37.9M49.1M52.3M52.2M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M802.8K
Common Stock1.3M1.3M1.3M1.3M1.3M855.1K
Other Liab23.6M26.2M19.2M19.1M17.2M16.4M
Other Assets19.6M104.4M13.7M10.4M12.0M11.4M
Long Term Debt842.9M199.9M151.9M156.5M157.5M149.6M
Treasury Stock(19.0M)(19.2M)(19.5M)(20.0M)(18.0M)(18.9M)
Property Plant Equipment758.6M96.9M125.9M135.4M155.7M147.9M
Current Deferred Revenue9.8M2.7M49.7M2.0M3.1M2.9M
Net Tangible Assets(39.8M)(51.1M)62.7M74.7M67.2M118.0M
Noncontrolling Interest In Consolidated Entity139.3M128.5M80.7M(1.1M)(1.3M)(1.2M)
Retained Earnings Total Equity(218.0M)(362.5M)(413.7M)(310.3M)(279.3M)(265.3M)

Currently Active Assets on Macroaxis

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:
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.