TDb Retained Earnings vs Net Debt Analysis

XTD Stock

CAD 1.99 0.01 0.50%

TDb Split financial indicator trend analysis is much more than just breaking down TDb Split Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TDb Split Corp is a good investment. Please check the relationship between TDb Split Retained Earnings and its Net Debt accounts. 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TDb Split Corp Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between TDb Split's Retained Earnings and Net Debt is 0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of TDb Split Corp, assuming nothing else is changed. The correlation between historical values of TDb Split's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of TDb Split Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., TDb Split's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from TDb Split's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Issuance Of Capital Stock is likely to grow to about 13.8 M, while Sales General And Administrative To Revenue is likely to drop (0.05).

TDb Split fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Common Stock Total Equity	Common Stock	Net Tangible Assets	Short Term Investments	Long Term Investments	Capital Stock	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		-0.41	0.41	0.72	0.77	0.62	0.41	0.54	0.91	-0.83	0.54	-0.4	0.79	0.44	-0.42	-0.07	0.53	0.42	0.64	0.37	0.63	0.68	0.68	-0.18	0.83	-0.77
Other Current Liab	-0.41		-0.97	-0.06	-0.39	-0.16	-0.97	-0.71	-0.2	0.16	-0.71	0.28	-0.61	-0.96	0.19	0.31	-0.71	-0.53	-0.14	0.05	-0.47	-0.26	-0.27	0.51	-0.62	0.6
Total Current Liabilities	0.41	-0.97		0.06	0.45	0.11	1.0	0.81	0.19	-0.15	0.81	-0.27	0.7	0.99	-0.18	-0.36	0.81	0.69	0.17	-0.04	0.48	0.29	0.3	-0.69	0.67	-0.64
Total Stockholder Equity	0.72	-0.06	0.06		0.43	0.78	0.06	0.03	0.9	-0.91	0.03	-0.46	0.4	0.05	-0.51	0.24	0.02	0.04	0.65	0.79	0.53	0.59	0.59	0.0	0.29	-0.31
Net Debt	0.77	-0.39	0.45	0.43		0.29	0.45	0.64	0.7	-0.69	0.64	-0.32	0.85	0.5	-0.22	-0.36	0.64	0.43	0.37	0.25	0.52	0.76	0.77	-0.43	0.86	-0.91
Retained Earnings	0.62	-0.16	0.11	0.78	0.29		0.11	0.1	0.71	-0.72	0.1	-0.51	0.36	0.13	-0.79	0.15	0.09	-0.05	0.53	0.34	0.09	0.18	0.2	0.08	0.2	-0.22
Accounts Payable	0.41	-0.97	1.0	0.06	0.45	0.11		0.81	0.19	-0.15	0.81	-0.27	0.7	0.99	-0.18	-0.36	0.81	0.69	0.17	-0.04	0.48	0.29	0.3	-0.69	0.67	-0.64
Cash	0.54	-0.71	0.81	0.03	0.64	0.1	0.81		0.25	-0.21	1.0	-0.3	0.88	0.85	-0.2	-0.48	1.0	0.77	0.33	-0.15	0.4	0.26	0.28	-0.77	0.82	-0.81
Non Current Assets Total	0.91	-0.2	0.19	0.9	0.7	0.71	0.19	0.25		-0.98	0.25	-0.38	0.63	0.21	-0.44	0.13	0.24	0.19	0.61	0.63	0.58	0.76	0.77	-0.07	0.61	-0.61
Non Currrent Assets Other	-0.83	0.16	-0.15	-0.91	-0.69	-0.72	-0.15	-0.21	-0.98		-0.21	0.37	-0.61	-0.17	0.44	-0.16	-0.2	-0.07	-0.56	-0.67	-0.51	-0.76	-0.77	0.08	-0.53	0.59
Cash And Short Term Investments	0.54	-0.71	0.81	0.03	0.64	0.1	0.81	1.0	0.25	-0.21		-0.3	0.88	0.85	-0.2	-0.48	1.0	0.77	0.33	-0.15	0.4	0.26	0.28	-0.77	0.82	-0.81
Net Receivables	-0.4	0.28	-0.27	-0.46	-0.32	-0.51	-0.27	-0.3	-0.38	0.37	-0.3		-0.31	-0.29	0.73	0.12	-0.28	-0.15	-0.6	-0.36	-0.36	-0.28	-0.24	0.14	-0.29	0.31
Common Stock Shares Outstanding	0.79	-0.61	0.7	0.4	0.85	0.36	0.7	0.88	0.63	-0.61	0.88	-0.31		0.74	-0.3	-0.35	0.88	0.67	0.41	0.12	0.52	0.58	0.61	-0.68	0.91	-0.92
Non Current Liabilities Total	0.44	-0.96	0.99	0.05	0.5	0.13	0.99	0.85	0.21	-0.17	0.85	-0.29	0.74		-0.2	-0.42	0.85	0.7	0.19	-0.08	0.44	0.28	0.3	-0.71	0.7	-0.68
Other Stockholder Equity	-0.42	0.19	-0.18	-0.51	-0.22	-0.79	-0.18	-0.2	-0.44	0.44	-0.2	0.73	-0.3	-0.2		-0.03	-0.18	-0.1	-0.34	-0.2	-0.1	-0.14	-0.16	0.08	-0.2	0.2
Total Liab	-0.07	0.31	-0.36	0.24	-0.36	0.15	-0.36	-0.48	0.13	-0.16	-0.48	0.12	-0.35	-0.42	-0.03		-0.48	-0.36	-0.04	0.32	-0.08	0.06	0.06	0.36	-0.31	0.29
Total Current Assets	0.53	-0.71	0.81	0.02	0.64	0.09	0.81	1.0	0.24	-0.2	1.0	-0.28	0.88	0.85	-0.18	-0.48		0.77	0.32	-0.16	0.39	0.25	0.27	-0.77	0.82	-0.81
Other Assets	0.42	-0.53	0.69	0.04	0.43	-0.05	0.69	0.77	0.19	-0.07	0.77	-0.15	0.67	0.7	-0.1	-0.36	0.77		0.31	-0.03	0.44	0.26	0.28	-0.8	0.65	-0.5
Common Stock Total Equity	0.64	-0.14	0.17	0.65	0.37	0.53	0.17	0.33	0.61	-0.56	0.33	-0.6	0.41	0.19	-0.34	-0.04	0.32	0.31		0.57	0.45	0.31	0.27	-0.15	0.4	-0.34
Common Stock	0.37	0.05	-0.04	0.79	0.25	0.34	-0.04	-0.15	0.63	-0.67	-0.15	-0.36	0.12	-0.08	-0.2	0.32	-0.16	-0.03	0.57		0.61	0.64	0.62	-0.04	0.09	-0.14
Net Tangible Assets	0.63	-0.47	0.48	0.53	0.52	0.09	0.48	0.4	0.58	-0.51	0.4	-0.36	0.52	0.44	-0.1	-0.08	0.39	0.44	0.45	0.61		0.76	0.73	-0.27	0.63	-0.57
Short Term Investments	0.68	-0.26	0.29	0.59	0.76	0.18	0.29	0.26	0.76	-0.76	0.26	-0.28	0.58	0.28	-0.14	0.06	0.25	0.26	0.31	0.64	0.76		0.99	-0.23	0.67	-0.7
Long Term Investments	0.68	-0.27	0.3	0.59	0.77	0.2	0.3	0.28	0.77	-0.77	0.28	-0.24	0.61	0.3	-0.16	0.06	0.27	0.28	0.27	0.62	0.73	0.99		-0.27	0.68	-0.72
Capital Stock	-0.18	0.51	-0.69	0.0	-0.43	0.08	-0.69	-0.77	-0.07	0.08	-0.77	0.14	-0.68	-0.71	0.08	0.36	-0.77	-0.8	-0.15	-0.04	-0.27	-0.23	-0.27		-0.5	0.52
Short Long Term Debt Total	0.83	-0.62	0.67	0.29	0.86	0.2	0.67	0.82	0.61	-0.53	0.82	-0.29	0.91	0.7	-0.2	-0.31	0.82	0.65	0.4	0.09	0.63	0.67	0.68	-0.5		-0.96
Current Deferred Revenue	-0.77	0.6	-0.64	-0.31	-0.91	-0.22	-0.64	-0.81	-0.61	0.59	-0.81	0.31	-0.92	-0.68	0.2	0.29	-0.81	-0.5	-0.34	-0.14	-0.57	-0.7	-0.72	0.52	-0.96

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TDb Split Account Relationship Matchups

TDb Split fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	60.5M	87.1M	89.7M	88.7M	102.0M	53.3M
Other Current Liab	(286.4K)	(675.2K)	(610.0K)	(1.6M)	(1.4M)	(1.3M)
Total Current Liabilities	286.4K	675.2K	610.0K	1.6M	1.8M	1.9M
Total Stockholder Equity	10.4M	26.9M	24.1M	14.8M	17.1M	14.7M
Net Debt	36.2M	57.4M	55.9M	40.9M	47.0M	49.4M
Accounts Payable	286.4K	675.2K	610.0K	1.6M	1.8M	1.9M
Cash	13.4M	2.0M	8.9M	31.3M	36.0M	37.8M
Non Current Assets Total	47.2M	85.1M	80.9M	57.4M	66.0M	47.2M
Non Currrent Assets Other	(47.2M)	(85.1M)	(80.9M)	(57.4M)	(51.7M)	(54.2M)
Cash And Short Term Investments	13.4M	2.0M	8.9M	31.3M	36.0M	37.8M
Net Receivables	863.0	941.0	1.1K	995.0	895.5	850.72
Common Stock Shares Outstanding	3.4M	4.9M	5.6M	6.9M	7.9M	8.3M
Liabilities And Stockholders Equity	60.5M	87.1M	89.7M	88.7M	102.0M	53.3M
Non Current Liabilities Total	555.5K	739.2K	610.0K	1.7M	1.9M	2.0M
Total Liab	286.4K	675.2K	65.6M	1.6M	1.8M	1.7M
Total Current Assets	13.4M	2.0M	8.9M	31.3M	36.0M	37.8M
Common Stock	10.4M	26.9M	24.1M	14.8M	17.1M	19.7M
Net Tangible Assets	19.8M	10.4M	26.9M	24.1M	27.7M	21.1M
Short Term Investments	47.2M	85.1M	80.9M	57.4M	66.0M	62.9M
Long Term Investments	47.2M	85.1M	80.9M	57.4M	66.0M	65.3M
Short Long Term Debt Total	49.5M	59.4M	64.8M	72.2M	83.0M	61.5M
Current Deferred Revenue	(49.3M)	(58.7M)	(64.1M)	(70.6M)	(63.5M)	(66.7M)
Short Term Debt	49.5M	59.4M	64.8M	72.2M	83.0M	61.5M

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 Correlation Correlation 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.

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TDb Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

TDb Split fundamental ratios Correlations

TDb Split Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TDb Split fundamental ratios Accounts

Pair Trading with TDb Split

Other Information on Investing in TDb Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Accounts Payable

Non Currrent Assets Other	- 0.98	Non Current Assets Total
Accounts Payable	- 0.97	Other Current Liab
Total Current Liabilities	- 0.97	Other Current Liab
Current Deferred Revenue	- 0.96	Short Long Term Debt Total
Non Current Liabilities Total	- 0.96	Other Current Liab
Current Deferred Revenue	- 0.92	Common Stock Shares Outstanding