Trio Net Invested Capital from 2010 to 2024
| TRT Stock | USD 6.42 0.20 3.22% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 35.4 M | Current Value 30.2 M | Quarterly Volatility 3.3 M |
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio main balance sheet or income statement drivers, such as Total Revenue of 33.4 M, Gross Profit of 9.1 M or Operating Income of 2.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0174 or PTB Ratio of 1.1. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
Trio | Net Invested Capital |
Latest Trio Tech's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Trio Tech International over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Trio Tech's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trio Tech's overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Trio Net Invested Capital Regression Statistics
| Arithmetic Mean | 26,992,936 | |
| Geometric Mean | 26,817,205 | |
| Coefficient Of Variation | 12.31 | |
| Mean Deviation | 2,629,648 | |
| Median | 25,826,000 | |
| Standard Deviation | 3,322,454 | |
| Sample Variance | 11T | |
| Range | 10.9M | |
| R-Value | 0.85 | |
| Mean Square Error | 3.2T | |
| R-Squared | 0.73 | |
| Significance | 0.000051 | |
| Slope | 634,456 | |
| Total Sum of Squares | 154.5T |
Trio Net Invested Capital History
About Trio Tech Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Trio Tech income statement, its balance sheet, and the statement of cash flows. Trio Tech investors use historical funamental indicators, such as Trio Tech's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may use each financial statement separately, they are all related. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Trio Tech's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Trio Tech Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Trio Tech. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 35.4 M | 30.2 M |
Pair Trading with Trio Tech
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 Trio Tech 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 Trio Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with Trio Stock
| 0.72 | MU | Micron Technology Financial Report 26th of June 2024 | PairCorr |
Moving against Trio Stock
| 0.64 | STM | STMicroelectronics NV ADR Financial Report 25th of July 2024 | PairCorr |
| 0.63 | PRSO | Peraso Inc | PairCorr |
| 0.61 | AMD | Advanced Micro Devices | PairCorr |
| 0.56 | ON | ON Semiconductor | PairCorr |
| 0.54 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Trio Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trio Tech 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 Trio Tech - 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 Trio Tech International to buy it.
The correlation of Trio Tech 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 Trio Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trio Tech International 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 Trio Tech 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.Check out the analysis of Trio Tech Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Trio Stock analysis
When running Trio Tech's price analysis, check to measure Trio Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.
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Is Trio Tech's industry 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 Trio Tech. If investors know Trio 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 Trio Tech 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 0.028 | Earnings Share 0.23 | Revenue Per Share 10.098 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0132 |
The market value of Trio Tech International is measured differently than its book value, which is the value of Trio that is recorded on the company's balance sheet. Investors also form their own opinion of Trio Tech's value that differs from its market value or its book value, called intrinsic value, which is Trio Tech'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 Trio Tech's market value can be influenced by many factors that don't directly affect Trio Tech'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 Trio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trio Tech'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.