Tetra Total Stockholder Equity vs Total Current Liabilities 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 Total Stockholder Equity and its Total Current Liabilities 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.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Technologies Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tetra Technologies' Total Stockholder Equity and Total Current Liabilities is -0.04. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities 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' Total Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Tetra Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Tetra Technologies' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Tetra Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tetra Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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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Largest Energy 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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 Total Stockholder Equity vs Total Current Liabilities Analysis

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Liabilities

Tetra Technologies fundamental ratios Correlations

Tetra Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tetra Technologies fundamental ratios Accounts

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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