Tile Property Plant And Equipment Gross vs Total Assets Analysis

TTSH Stock  USD 6.61  0.14  2.16%   
Tile Shop financial indicator trend analysis is much more than just breaking down Tile Shop Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tile Shop Holdings is a good investment. Please check the relationship between Tile Shop Property Plant And Equipment Gross and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tile Shop Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tile Shop Holdings Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tile Shop's Property Plant And Equipment Gross and Total Assets is 0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Tile Shop Holdings, assuming nothing else is changed. The correlation between historical values of Tile Shop's Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Tile Shop Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Tile Shop's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Tile Shop assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tile Shop Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Tile Shop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tile Shop Holdings 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 Tile Shop Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Tile Shop's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit253.1M258.9M221.8M236.7M
Total Revenue370.7M394.7M377.1M348.0M

Tile Shop fundamental ratios Correlations

0.250.90.80.830.080.70.80.920.80.770.190.890.50.680.90.740.740.660.960.120.310.460.840.530.66
0.250.220.37-0.05-0.480.370.310.110.310.49-0.230.170.45-0.050.350.530.53-0.290.120.50.450.140.09-0.37-0.41
0.90.220.710.720.150.820.770.760.770.680.060.930.380.640.890.70.70.520.820.130.370.450.780.510.75
0.80.370.710.37-0.020.680.750.710.750.89-0.40.750.640.110.750.730.730.180.740.130.480.40.750.390.37
0.83-0.050.720.370.080.40.550.820.550.40.650.680.270.930.680.460.460.930.840.060.050.410.60.470.69
0.08-0.480.15-0.020.08-0.140.050.260.05-0.340.090.3-0.720.16-0.13-0.46-0.460.320.25-0.16-0.16-0.180.230.370.53
0.70.370.820.680.4-0.140.530.420.530.75-0.190.660.570.340.880.790.790.120.520.10.350.470.740.330.38
0.80.310.770.750.550.050.530.751.00.7-0.060.710.420.410.70.710.720.380.790.070.230.180.570.480.55
0.920.110.760.710.820.260.420.750.750.590.270.790.310.660.660.520.520.770.990.10.20.40.670.550.68
0.80.310.770.750.550.050.531.00.750.7-0.060.710.420.410.70.710.720.380.790.070.230.180.570.480.55
0.770.490.680.890.4-0.340.750.70.590.7-0.270.630.850.20.820.90.90.130.640.190.430.460.680.290.28
0.19-0.230.06-0.40.650.09-0.19-0.060.27-0.06-0.270.01-0.230.810.06-0.11-0.110.730.26-0.05-0.370.00.030.140.26
0.890.170.930.750.680.30.660.710.790.710.630.010.280.560.830.550.550.550.820.150.480.360.850.490.76
0.50.450.380.640.27-0.720.570.420.310.420.85-0.230.280.040.620.850.85-0.030.350.070.370.430.360.14-0.03
0.68-0.050.640.110.930.160.340.410.660.410.20.810.560.040.580.330.330.880.690.04-0.070.270.490.410.65
0.90.350.890.750.68-0.130.880.70.660.70.820.060.830.620.580.840.840.410.750.130.380.430.880.420.52
0.740.530.70.730.46-0.460.790.710.520.710.9-0.110.550.850.330.841.00.130.60.040.380.390.550.360.26
0.740.530.70.730.46-0.460.790.720.520.720.9-0.110.550.850.330.841.00.130.60.050.380.390.550.350.26
0.66-0.290.520.180.930.320.120.380.770.380.130.730.55-0.030.880.410.130.130.750.01-0.10.30.470.460.71
0.960.120.820.740.840.250.520.790.990.790.640.260.820.350.690.750.60.60.750.070.20.420.730.590.72
0.120.50.130.130.06-0.160.10.070.10.070.19-0.050.150.070.040.130.040.050.010.07-0.150.620.04-0.73-0.21
0.310.450.370.480.05-0.160.350.230.20.230.43-0.370.480.37-0.070.380.380.38-0.10.2-0.15-0.160.330.260.1
0.460.140.450.40.41-0.180.470.180.40.180.460.00.360.430.270.430.390.390.30.420.62-0.160.29-0.180.22
0.840.090.780.750.60.230.740.570.670.570.680.030.850.360.490.880.550.550.470.730.040.330.290.490.59
0.53-0.370.510.390.470.370.330.480.550.480.290.140.490.140.410.420.360.350.460.59-0.730.26-0.180.490.74
0.66-0.410.750.370.690.530.380.550.680.550.280.260.76-0.030.650.520.260.260.710.72-0.210.10.220.590.74
Click cells to compare fundamentals

Tile Shop Account Relationship Matchups

Tile Shop fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets399.8M342.7M340.8M345.8M316.7M294.4M
Other Current Liab16.9M6.9M10.1M4.1M(265K)(251.8K)
Total Current Liabilities69.9M76.8M97.7M83.3M78.7M57.2M
Total Stockholder Equity130.9M139.1M122.2M108.8M119.7M102.4M
Net Debt212.6M140.3M134.1M170.7M131.3M92.0M
Retained Earnings(25.5M)(19.5M)(4.7M)(19.2M)(9.1M)(9.6M)
Accounts Payable18.2M15.4M30.9M23.5M23.3M20.0M
Cash9.1M9.6M9.4M5.9M8.6M6.5M
Non Current Assets Total277.6M238.0M213.7M199.4M202.1M193.2M
Cash And Short Term Investments9.1M9.6M9.4M5.9M8.6M6.5M
Common Stock Shares Outstanding50.6M50.6M51.1M49.2M43.6M51.3M
Liabilities And Stockholders Equity399.8M342.7M340.8M345.8M316.7M294.4M
Non Current Liabilities Total199.1M126.8M120.8M153.8M118.2M134.8M
Other Current Assets8.2M9.7M10.4M12.2M9.2M6.3M
Other Stockholder Equity156.5M158.6M126.9M128.0M128.9M158.5M
Total Liab268.9M203.6M218.5M237.1M197.0M192.0M
Total Current Assets122.2M104.7M127.1M146.4M114.6M101.2M
Short Long Term Debt Total221.7M149.9M143.5M176.6M140.0M114.9M
Property Plant And Equipment Net268.2M231.4M205.4M189.6M193.4M185.2M
Current Deferred Revenue7.7M12.2M13.8M11.3M(13.3M)(12.6M)
Non Currrent Assets Other2.2M1.3M1.3M3.3M3.4M2.7M
Net Receivables6.5M11.1M10.1M7.3M3.0M2.9M
Inventory97.6M74.3M97.2M121.0M93.7M92.3M
Property Plant And Equipment Gross268.2M231.4M205.4M189.6M498.7M523.6M
Accumulated Other Comprehensive Income(70K)(12K)12K(52K)(69K)(72.5K)
Short Term Debt27.0M54.4M56.4M55.7M54.5M57.3M
Other Liab4.3M4.1M5.6M5.0M4.5M4.3M
Net Tangible Assets130.9M139.1M122.2M108.8M97.9M104.5M
Other Assets9.4M6.6M8.3M9.8M8.8M10.8M
Long Term Debt53M63M5M45.4M40.9M29.5M
Property Plant Equipment268.2M231.4M82.3M71.1M64.0M123.9M
Capital Lease Obligations158.7M149.9M138.5M131.2M140.0M99.0M
Non Current Liabilities Other4.3M4.1M115.8M108.4M5.5M5.3M
Net Invested Capital193.9M139.1M127.2M154.2M119.7M126.2M
Net Working Capital52.3M27.9M29.4M63.1M35.8M37.9M

Currently Active Assets on Macroaxis

When determining whether Tile Shop Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tile Shop's 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 Tile Shop Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tile Shop Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tile Shop Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Home Improvement Retail 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 Tile Shop. If investors know Tile 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 Tile Shop 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
(0.98)
Earnings Share
0.12
Revenue Per Share
8.066
Quarterly Revenue Growth
(0.08)
Return On Assets
0.014
The market value of Tile Shop Holdings is measured differently than its book value, which is the value of Tile that is recorded on the company's balance sheet. Investors also form their own opinion of Tile Shop's value that differs from its market value or its book value, called intrinsic value, which is Tile Shop's 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 Tile Shop's market value can be influenced by many factors that don't directly affect Tile Shop's 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 Tile Shop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tile Shop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tile Shop's 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.