Turbo Historical Balance Sheet
| TRBO Stock | USD 0.0001 0.00 0.00% |
Trend analysis of Turbo Global Partners balance sheet accounts such as Long Term Debt of 9.9 M, Total Liab of 13 M, Common Stock of 1.2 M or Intangible Assets of 12.8 M provides information on Turbo Global's total assets, liabilities, and equity, which is the actual value of Turbo Global Partners to its prevalent stockholders. By breaking down trends over time using Turbo Global 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.
Financial Statement Analysis is much more than just reviewing and examining Turbo Global Partners 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 Turbo Global Partners is a good buy for the upcoming year.
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About Turbo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Turbo Global Partners at a specified time, usually calculated after every quarter, six months, or one year. Turbo Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Turbo Global 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 Turbo currently owns. An asset can also be divided into two categories, current and non-current.
Turbo Global Balance Sheet Chart
Total Assets
Total assets refers to the total amount of Turbo Global 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 Turbo Global Partners 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 Turbo Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Turbo Global Partners 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.Accounts Payable
An accounting item on the balance sheet that represents Turbo Global 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 Turbo Global Partners 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.Long Term Debt
Long-term debt is a debt that Turbo Global Partners has held for over one year. Long-term debt appears on Turbo Global Partners balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Turbo Global Partners balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from Turbo Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Turbo Global Partners 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Turbo Global Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Turbo Global's Common Stock is very stable compared to the past year.
| 2016 | 2017 | 2024 | 2025 (projected) | Total Current Liabilities | 24.0K | 311.7K | 358.4K | 376.4K | Total Assets | 265.1K | 10.9M | 12.5M | 13.1M |
Turbo Global balance sheet Correlations
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Turbo Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turbo Global Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Advertising 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 Turbo Global. If investors know Turbo 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 Turbo Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Turbo Global Partners is measured differently than its book value, which is the value of Turbo that is recorded on the company's balance sheet. Investors also form their own opinion of Turbo Global's value that differs from its market value or its book value, called intrinsic value, which is Turbo Global'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 Turbo Global's market value can be influenced by many factors that don't directly affect Turbo Global'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 Turbo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turbo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turbo Global'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.