TPI Cost Of Revenue vs Selling General Administrative Analysis
TPIC Stock | USD 4.06 0.29 6.67% |
TPI Composites financial indicator trend analysis is much more than just breaking down TPI Composites prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPI Composites is a good investment. Please check the relationship between TPI Composites Cost Of Revenue and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TPI Composites Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between TPI Composites' Cost Of Revenue and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of TPI Composites, assuming nothing else is changed. The correlation between historical values of TPI Composites' Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of TPI Composites are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., TPI Composites' Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on TPI Composites income statement and represents the costs associated with goods and services TPI Composites provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Selling General Administrative
Most indicators from TPI Composites' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPI Composites 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 TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Selling General Administrative is forecasted to decline to about 33.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.6M | 5.0M | 12.1M | 11.5M | Depreciation And Amortization | 39.1M | 2.3M | 38.9M | 25.3M |
TPI Composites fundamental ratios Correlations
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TPI Composites Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TPI Composites fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 826.7M | 956.3M | 1.0B | 962.2M | 804.1M | 641.2M | |
Short Long Term Debt Total | 271.9M | 398.9M | 243.8M | 216.8M | 624.3M | 655.6M | |
Other Current Liab | 47.6M | 50.9M | 42.0M | 76.8M | 42.2M | 53.3M | |
Total Current Liabilities | 373.9M | 406.1M | 469.1M | 456.6M | 386.4M | 324.8M | |
Total Stockholder Equity | 205.1M | 201.0M | 251.0M | 50.5M | (122.3M) | (116.2M) | |
Property Plant And Equipment Net | 327.4M | 367.8M | 306.8M | 289.2M | 264.9M | 193.4M | |
Net Debt | 201.6M | 269.0M | 1.6M | 83.2M | 452.4M | 475.1M | |
Retained Earnings | (90.7M) | (109.7M) | (269.3M) | (334.6M) | (536.3M) | (509.5M) | |
Accounts Payable | 293.1M | 296.0M | 336.7M | 280.5M | 227.7M | 210.2M | |
Cash | 70.3M | 129.9M | 242.2M | 133.5M | 171.9M | 110.5M | |
Non Current Assets Total | 358.3M | 408.1M | 347.4M | 317.0M | 301.0M | 220.5M | |
Non Currrent Assets Other | 30.9M | 40.3M | 40.7M | 12.2M | 12.5M | 19.3M | |
Cash And Short Term Investments | 70.3M | 129.9M | 242.2M | 133.5M | 171.9M | 110.5M | |
Net Receivables | 350.5M | 349.7M | 346.1M | 400.7M | 284.0M | 218.8M | |
Liabilities And Stockholders Equity | 826.7M | 956.3M | 1.0B | 962.2M | 804.1M | 641.2M | |
Non Current Liabilities Total | 247.7M | 349.1M | 287.6M | 455.1M | 540.0M | 567.0M | |
Inventory | 6.7M | 10.8M | 11.5M | 10.7M | 9.4M | 8.9M | |
Other Current Assets | 29.8M | 27.9M | 22.6M | 26.1M | 37.8M | 39.7M | |
Other Stockholder Equity | 295.4M | 310.4M | 322.9M | 90.1M | 421.2M | 213.7M | |
Total Liab | 621.6M | 755.2M | 756.7M | 911.7M | 926.4M | 577.4M | |
Property Plant And Equipment Gross | 327.4M | 209.0M | 306.8M | 289.2M | 480.3M | 504.3M | |
Total Current Assets | 468.4M | 548.2M | 660.3M | 645.2M | 503.1M | 420.6M | |
Accumulated Other Comprehensive Income | (23.6M) | (33.0M) | (54.0M) | (15.4M) | (7.6M) | (8.0M) | |
Intangible Assets | 5.7M | 5.7M | 3.5M | 3.3M | 2.4M | 3.8M | |
Common Stock Shares Outstanding | 35.1M | 35.5M | 37.4M | 42.0M | 42.7M | 36.1M | |
Short Term Debt | 30.1M | 58.7M | 89.1M | 82.2M | 92.5M | 56.6M | |
Other Liab | 3.3M | 8.9M | 11.0M | 10.7M | 12.3M | 6.4M | |
Net Tangible Assets | 199.5M | 198.2M | 370.1M | 357.6M | 411.2M | 431.8M | |
Current Deferred Revenue | 3.0M | 614K | 1.3M | 17.1M | 24.0M | 29.0M | |
Other Assets | 25.4M | 192.1M | 40.7M | 24.2M | 27.9M | 43.0M | |
Long Term Debt | 127.9M | 184.3M | 8.2M | 1.2M | 414.7M | 435.5M | |
Short Term Investments | 6.1M | 2.8M | 1.2M | 586K | 597K | 567.2K | |
Deferred Long Term Liab | 3.0M | 2.9M | 2.6M | 2.4M | 2.8M | 2.7M | |
Short Long Term Debt | 13.5M | 32.6M | 66.4M | 60.0M | 70.5M | 50.1M | |
Common Stock | 353K | 368K | 374K | 424K | 470K | 405.6K | |
Property Plant Equipment | 327.4M | 209.0M | 169.6M | 136.8M | 157.4M | 163.3M | |
Long Term Debt Total | 127.9M | 184.3M | 8.2M | 1.2M | 1.1M | 1.0M | |
Common Stock Total Equity | 353K | 368K | 374K | 424K | 487.6K | 399.6K | |
Retained Earnings Total Equity | (90.7M) | (109.7M) | (269.3M) | (334.6M) | (301.1M) | (286.1M) | |
Capital Surpluse | 322.9M | 349.5M | 451.4M | 407.6M | 468.7M | 383.0M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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Is TPI Composites' 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 TPI Composites. If investors know TPI 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 TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 30.755 | Quarterly Revenue Growth (0.26) | Return On Assets (0.12) | Return On Equity (3.53) |
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' 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 TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' 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 TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' 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.