Tempur Retained Earnings vs Good Will Analysis

TPX Stock  USD 49.04  0.37  0.75%   
Tempur Sealy financial indicator trend analysis is much more than just breaking down Tempur Sealy Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tempur Sealy Interna is a good investment. Please check the relationship between Tempur Sealy Retained Earnings and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tempur Sealy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tempur Sealy Interna Retained Earnings account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tempur Sealy's Retained Earnings and Good Will is 0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of Tempur Sealy International, assuming nothing else is changed. The correlation between historical values of Tempur Sealy's Retained Earnings and Good Will 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 Tempur Sealy International are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., Tempur Sealy's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Tempur Sealy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tempur Sealy Interna 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 Tempur Sealy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Tempur Sealy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 111.1 M in 2024, whereas Discontinued Operations is likely to drop (483 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.0B2.1B2.2B
Total Revenue4.9B4.9B4.9B5.2B

Tempur Sealy fundamental ratios Correlations

0.420.960.180.18-0.850.760.690.760.940.810.160.950.850.950.460.99-0.920.730.860.890.51-0.910.960.90.98
0.420.190.120.12-0.370.430.720.670.340.530.430.140.420.30.610.32-0.250.440.390.190.36-0.210.180.320.4
0.960.190.090.09-0.810.670.520.620.940.690.00.980.780.950.340.98-0.940.630.840.940.4-0.951.00.930.96
0.180.120.091.0-0.220.490.260.220.150.35-0.070.150.220.19-0.140.18-0.210.050.250.130.12-0.180.130.090.07
0.180.120.091.0-0.220.490.260.220.150.35-0.070.150.220.19-0.140.18-0.210.050.250.130.12-0.180.130.090.07
-0.85-0.37-0.81-0.22-0.22-0.88-0.71-0.79-0.79-0.82-0.29-0.84-0.86-0.77-0.59-0.850.87-0.71-0.7-0.66-0.550.82-0.78-0.68-0.77
0.760.430.670.490.49-0.880.790.840.660.890.260.710.860.720.560.75-0.760.680.630.550.48-0.70.670.580.66
0.690.720.520.260.26-0.710.790.940.610.860.590.50.750.640.720.64-0.660.640.630.440.52-0.570.520.560.64
0.760.670.620.220.22-0.790.840.940.670.950.580.610.860.720.730.73-0.720.750.670.520.64-0.650.610.610.73
0.940.340.940.150.15-0.790.660.610.670.670.050.890.690.970.430.93-0.970.470.940.960.35-0.980.950.980.92
0.810.530.690.350.35-0.820.890.860.950.670.440.710.950.740.590.8-0.750.840.620.560.7-0.670.690.60.77
0.160.430.0-0.07-0.07-0.290.260.590.580.050.440.020.30.040.470.12-0.120.380.15-0.140.49-0.02-0.03-0.030.14
0.950.140.980.150.15-0.840.710.50.610.890.710.020.820.910.320.98-0.910.690.770.880.45-0.910.980.850.93
0.850.420.780.220.22-0.860.860.750.860.690.950.30.820.760.50.85-0.770.920.60.630.67-0.710.770.630.83
0.950.30.950.190.19-0.770.720.640.720.970.740.040.910.760.410.95-0.960.560.920.950.34-0.960.960.960.94
0.460.610.34-0.14-0.14-0.590.560.720.730.430.590.470.320.50.410.42-0.460.480.340.220.4-0.380.310.340.42
0.990.320.980.180.18-0.850.750.640.730.930.80.120.980.850.950.42-0.940.730.840.90.5-0.930.980.90.98
-0.92-0.25-0.94-0.21-0.210.87-0.76-0.66-0.72-0.97-0.75-0.12-0.91-0.77-0.96-0.46-0.94-0.53-0.9-0.91-0.40.99-0.94-0.92-0.89
0.730.440.630.050.05-0.710.680.640.750.470.840.380.690.920.560.480.73-0.530.360.40.74-0.470.60.420.73
0.860.390.840.250.25-0.70.630.630.670.940.620.150.770.60.920.340.84-0.90.360.910.21-0.920.850.940.83
0.890.190.940.130.13-0.660.550.440.520.960.56-0.140.880.630.950.220.9-0.910.40.910.24-0.950.960.980.9
0.510.360.40.120.12-0.550.480.520.640.350.70.490.450.670.340.40.5-0.40.740.210.24-0.330.390.250.51
-0.91-0.21-0.95-0.18-0.180.82-0.7-0.57-0.65-0.98-0.67-0.02-0.91-0.71-0.96-0.38-0.930.99-0.47-0.92-0.95-0.33-0.95-0.95-0.89
0.960.181.00.130.13-0.780.670.520.610.950.69-0.030.980.770.960.310.98-0.940.60.850.960.39-0.950.940.96
0.90.320.930.090.09-0.680.580.560.610.980.6-0.030.850.630.960.340.9-0.920.420.940.980.25-0.950.940.92
0.980.40.960.070.07-0.770.660.640.730.920.770.140.930.830.940.420.98-0.890.730.830.90.51-0.890.960.92
Click cells to compare fundamentals

Tempur Sealy Account Relationship Matchups

Tempur Sealy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.3B4.3B4.4B4.6B4.8B
Total Stockholder Equity359.5M503.6M285.8M(22.1M)323.4M177.3M
Net Debt1.7B1.6B2.5B3.3B3.2B3.4B
Cash64.9M65M300.7M69.4M74.9M70.9M
Cash And Short Term Investments64.9M65M300.7M69.4M74.9M70.9M
Common Stock Shares Outstanding221.6M212.3M204.3M180.3M177.3M227.9M
Liabilities And Stockholders Equity3.1B3.3B4.3B4.4B4.6B4.8B
Total Current Assets900.2M968.4M1.3B1.2B1.1B590.6M
Other Current Liab484.2M606.8M516.9M397M379.1M218.9M
Total Current Liabilities773.3M1.2B1.1B981.2M908.2M473.5M
Retained Earnings1.7B2.0B2.6B3.0B3.3B3.4B
Accounts Payable251.7M324.1M432M359.8M311.3M172.2M
Other Assets84.2M437M125.4M88.6M1.00.95
Long Term Debt1.5B1.3B2.3B2.7B2.5B2.7B
Good Will732.3M766.3M1.1B1.1B1.1B542.8M
Inventory260.5M312.1M463.9M555M483.1M507.3M
Other Current Assets202.8M207.6M91.5M148.2M103.6M73.9M
Total Liab2.7B2.8B4.0B4.4B4.2B4.4B
Treasury Stock(1.8B)(2.1B)(2.8B)(3.4B)(3.1B)(2.9B)
Intangible Assets641.4M630.1M750.9M715.8M714.8M439.9M
Property Plant Equipment435.8M507.9M1.1B1.3B1.5B1.6B
Other Liab220.1M222.2M269.5M197.5M227.1M127.3M
Other Stockholder Equity(1.3B)(1.5B)(2.2B)(2.8B)(2.8B)(2.7B)
Short Long Term Debt Total1.7B1.6B2.8B3.4B3.3B3.4B
Property Plant And Equipment Net681.2M812.2M1.1B1.3B1.5B1.6B
Non Current Assets Total2.2B2.3B3.0B3.2B3.5B3.6B
Non Currrent Assets Other70.1M94.5M63.2M54.5M132.4M139.0M
Net Receivables372M383.7M419.5M422.6M431.4M296.9M
Non Current Liabilities Total1.9B1.6B3.0B3.4B3.3B3.5B
Property Plant And Equipment Gross681.2M507M1.1B1.3B2.4B2.5B
Accumulated Other Comprehensive Income(87.7M)(65.5M)(99.2M)(176.9M)(136.7M)(129.9M)
Short Term Debt37.4M292.4M53M175.9M164.5M87.3M
Net Tangible Assets(1.0B)512.5M295M(12.3M)(14.1M)(14.9M)
Retained Earnings Total Equity1.7B2.0B2.6B3.0B3.4B3.6B
Long Term Debt Total205.4M1.3B2.3B2.7B3.2B1.6B

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