TDb Historical Balance Sheet

XTD Stock  CAD 1.99  0.01  0.50%   
Trend analysis of TDb Split Corp balance sheet accounts such as Total Assets of 53.3 M, Total Current Liabilities of 1.9 M, Total Stockholder Equity of 14.7 M or Net Debt of 49.4 M provides information on TDb Split's total assets, liabilities, and equity, which is the actual value of TDb Split Corp to its prevalent stockholders. By breaking down trends over time using TDb Split balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining TDb Split Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TDb Split Corp is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TDb Split Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About TDb Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of TDb Split Corp at a specified time, usually calculated after every quarter, six months, or one year. TDb Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TDb Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TDb currently owns. An asset can also be divided into two categories, current and non-current.

TDb Split Balance Sheet Chart

At this time, TDb Split's Non Current Liabilities Total is very stable compared to the past year. As of the 25th of November 2024, Other Stockholder Equity is likely to grow to about 942.4 K, while Total Assets are likely to drop about 53.3 M.

Total Assets

Total assets refers to the total amount of TDb Split 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 TDb Split Corp 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.

Total Current Liabilities

Total Current Liabilities is an item on TDb Split balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TDb Split Corp 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents TDb Split 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 TDb Split Corp 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most accounts from TDb Split's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into TDb Split Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TDb Split Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, TDb Split's Non Current Liabilities Total is very stable compared to the past year. As of the 25th of November 2024, Other Stockholder Equity is likely to grow to about 942.4 K, while Total Assets are likely to drop about 53.3 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity24.1M14.8M17.1M14.7M
Total Current Liabilities610.0K1.6M1.8M1.9M

TDb Split balance sheet Correlations

-0.410.410.720.770.620.410.540.91-0.830.54-0.40.790.44-0.42-0.070.530.420.640.370.630.680.68-0.180.83-0.77
-0.41-0.97-0.06-0.39-0.16-0.97-0.71-0.20.16-0.710.28-0.61-0.960.190.31-0.71-0.53-0.140.05-0.47-0.26-0.270.51-0.620.6
0.41-0.970.060.450.111.00.810.19-0.150.81-0.270.70.99-0.18-0.360.810.690.17-0.040.480.290.3-0.690.67-0.64
0.72-0.060.060.430.780.060.030.9-0.910.03-0.460.40.05-0.510.240.020.040.650.790.530.590.590.00.29-0.31
0.77-0.390.450.430.290.450.640.7-0.690.64-0.320.850.5-0.22-0.360.640.430.370.250.520.760.77-0.430.86-0.91
0.62-0.160.110.780.290.110.10.71-0.720.1-0.510.360.13-0.790.150.09-0.050.530.340.090.180.20.080.2-0.22
0.41-0.971.00.060.450.110.810.19-0.150.81-0.270.70.99-0.18-0.360.810.690.17-0.040.480.290.3-0.690.67-0.64
0.54-0.710.810.030.640.10.810.25-0.211.0-0.30.880.85-0.2-0.481.00.770.33-0.150.40.260.28-0.770.82-0.81
0.91-0.20.190.90.70.710.190.25-0.980.25-0.380.630.21-0.440.130.240.190.610.630.580.760.77-0.070.61-0.61
-0.830.16-0.15-0.91-0.69-0.72-0.15-0.21-0.98-0.210.37-0.61-0.170.44-0.16-0.2-0.07-0.56-0.67-0.51-0.76-0.770.08-0.530.59
0.54-0.710.810.030.640.10.811.00.25-0.21-0.30.880.85-0.2-0.481.00.770.33-0.150.40.260.28-0.770.82-0.81
-0.40.28-0.27-0.46-0.32-0.51-0.27-0.3-0.380.37-0.3-0.31-0.290.730.12-0.28-0.15-0.6-0.36-0.36-0.28-0.240.14-0.290.31
0.79-0.610.70.40.850.360.70.880.63-0.610.88-0.310.74-0.3-0.350.880.670.410.120.520.580.61-0.680.91-0.92
0.44-0.960.990.050.50.130.990.850.21-0.170.85-0.290.74-0.2-0.420.850.70.19-0.080.440.280.3-0.710.7-0.68
-0.420.19-0.18-0.51-0.22-0.79-0.18-0.2-0.440.44-0.20.73-0.3-0.2-0.03-0.18-0.1-0.34-0.2-0.1-0.14-0.160.08-0.20.2
-0.070.31-0.360.24-0.360.15-0.36-0.480.13-0.16-0.480.12-0.35-0.42-0.03-0.48-0.36-0.040.32-0.080.060.060.36-0.310.29
0.53-0.710.810.020.640.090.811.00.24-0.21.0-0.280.880.85-0.18-0.480.770.32-0.160.390.250.27-0.770.82-0.81
0.42-0.530.690.040.43-0.050.690.770.19-0.070.77-0.150.670.7-0.1-0.360.770.31-0.030.440.260.28-0.80.65-0.5
0.64-0.140.170.650.370.530.170.330.61-0.560.33-0.60.410.19-0.34-0.040.320.310.570.450.310.27-0.150.4-0.34
0.370.05-0.040.790.250.34-0.04-0.150.63-0.67-0.15-0.360.12-0.08-0.20.32-0.16-0.030.570.610.640.62-0.040.09-0.14
0.63-0.470.480.530.520.090.480.40.58-0.510.4-0.360.520.44-0.1-0.080.390.440.450.610.760.73-0.270.63-0.57
0.68-0.260.290.590.760.180.290.260.76-0.760.26-0.280.580.28-0.140.060.250.260.310.640.760.99-0.230.67-0.7
0.68-0.270.30.590.770.20.30.280.77-0.770.28-0.240.610.3-0.160.060.270.280.270.620.730.99-0.270.68-0.72
-0.180.51-0.690.0-0.430.08-0.69-0.77-0.070.08-0.770.14-0.68-0.710.080.36-0.77-0.8-0.15-0.04-0.27-0.23-0.27-0.50.52
0.83-0.620.670.290.860.20.670.820.61-0.530.82-0.290.910.7-0.2-0.310.820.650.40.090.630.670.68-0.5-0.96
-0.770.6-0.64-0.31-0.91-0.22-0.64-0.81-0.610.59-0.810.31-0.92-0.680.20.29-0.81-0.5-0.34-0.14-0.57-0.7-0.720.52-0.96
Click cells to compare fundamentals

TDb Split Account Relationship Matchups

TDb Split balance sheet Accounts

201920202021202220232024 (projected)
Total Assets60.5M87.1M89.7M88.7M102.0M53.3M
Other Current Liab(286.4K)(675.2K)(610.0K)(1.6M)(1.4M)(1.3M)
Total Current Liabilities286.4K675.2K610.0K1.6M1.8M1.9M
Total Stockholder Equity10.4M26.9M24.1M14.8M17.1M14.7M
Net Debt36.2M57.4M55.9M40.9M47.0M49.4M
Accounts Payable286.4K675.2K610.0K1.6M1.8M1.9M
Cash13.4M2.0M8.9M31.3M36.0M37.8M
Non Current Assets Total47.2M85.1M80.9M57.4M66.0M47.2M
Non Currrent Assets Other(47.2M)(85.1M)(80.9M)(57.4M)(51.7M)(54.2M)
Cash And Short Term Investments13.4M2.0M8.9M31.3M36.0M37.8M
Net Receivables863.0941.01.1K995.0895.5850.72
Common Stock Shares Outstanding3.4M4.9M5.6M6.9M7.9M8.3M
Liabilities And Stockholders Equity60.5M87.1M89.7M88.7M102.0M53.3M
Non Current Liabilities Total555.5K739.2K610.0K1.7M1.9M2.0M
Total Liab286.4K675.2K65.6M1.6M1.8M1.7M
Total Current Assets13.4M2.0M8.9M31.3M36.0M37.8M
Common Stock10.4M26.9M24.1M14.8M17.1M19.7M
Net Tangible Assets19.8M10.4M26.9M24.1M27.7M21.1M
Short Term Investments47.2M85.1M80.9M57.4M66.0M62.9M
Long Term Investments47.2M85.1M80.9M57.4M66.0M65.3M
Short Long Term Debt Total49.5M59.4M64.8M72.2M83.0M61.5M
Current Deferred Revenue(49.3M)(58.7M)(64.1M)(70.6M)(63.5M)(66.7M)
Short Term Debt49.5M59.4M64.8M72.2M83.0M61.5M

Pair Trading with TDb Split

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TDb Split position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TDb Split will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TDb Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TDb Split when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TDb Split - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TDb Split Corp to buy it.
The correlation of TDb Split is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TDb Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TDb Split Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TDb Split can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TDb Stock

Balance Sheet is a snapshot of the financial position of TDb Split Corp at a specified time, usually calculated after every quarter, six months, or one year. TDb Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TDb Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TDb currently owns. An asset can also be divided into two categories, current and non-current.