| TY Stock | | | USD 33.78 0.18 0.54% |
Tri Continental financial indicator trend analysis is much more than just breaking down Tri Continental Closed prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tri Continental Closed is a good investment. Please check the relationship between Tri Continental Cash And Short Term Investments and its Non Current Liabilities Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tri Continental Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Cash And Short Term Investments vs Non Current Liabilities Total
Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tri Continental Closed Cash And Short Term Investments account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tri Continental's Cash And Short Term Investments and Non Current Liabilities Total is -0.03. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Tri Continental Closed, assuming nothing else is changed. The correlation between historical values of Tri Continental's Cash And Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Tri Continental Closed are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., Tri Continental's Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tri Continental Closed balance sheet. This account contains Tri Continental investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tri Continental Closed fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Current Liabilities Total
Most indicators from Tri Continental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tri Continental Closed 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 Tri Continental Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, Tri Continental's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 7.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 392.1
K in 2024.
Tri Continental fundamental ratios Correlations
Click cells to compare fundamentals
Tri Continental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tri Continental fundamental ratios Accounts
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