Trade Non Current Assets Total vs Non Currrent Assets Other Analysis
TTD Stock | USD 92.78 0.93 0.99% |
Trade Desk financial indicator trend analysis is much more than just breaking down Trade Desk prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trade Desk is a good investment. Please check the relationship between Trade Desk Non Current Assets Total and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.
Non Current Assets Total vs Non Currrent Assets Other
Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trade Desk Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Trade Desk's Non Current Assets Total and Non Currrent Assets Other is 0.93. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Trade Desk, assuming nothing else is changed. The correlation between historical values of Trade Desk's Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Trade Desk are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Trade Desk's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Trade Desk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trade Desk 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 Trade Desk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.At present, Trade Desk's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 208.96, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.18.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0M | 12.8M | 68.5M | 71.9M | Depreciation And Amortization | 42.2M | 54.4M | 80.4M | 84.4M |
Trade Desk fundamental ratios Correlations
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Trade Desk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trade Desk fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.8B | 3.6B | 4.4B | 4.9B | 5.1B | |
Other Current Liab | 47.2M | 88.3M | 101.5M | 11.4M | 138.0M | 144.9M | |
Total Current Liabilities | 930.4M | 1.5B | 1.8B | 2.0B | 2.5B | 2.6B | |
Total Stockholder Equity | 612.5M | 1.0B | 1.5B | 2.1B | 2.2B | 2.3B | |
Other Liab | 11.0M | 11.3M | 8.3M | 27.5M | 31.6M | 33.2M | |
Net Tangible Assets | 603.4M | 1.0B | 1.5B | 2.1B | 2.4B | 2.6B | |
Property Plant And Equipment Net | 237.5M | 364.0M | 369.9M | 394.2M | 359.2M | 197.9M | |
Net Debt | 58.6M | (144.9M) | (469.6M) | (769.5M) | (659.2M) | (626.3M) | |
Retained Earnings | 232.4M | 474.4M | 612.1M | 665.5M | 197.0M | 256.6M | |
Accounts Payable | 868.6M | 1.3B | 1.7B | 1.9B | 2.3B | 2.4B | |
Cash | 130.9M | 437.4M | 754.2M | 1.0B | 895.1M | 939.9M | |
Non Current Assets Total | 279.5M | 443.3M | 485.7M | 535.1M | 574.7M | 603.5M | |
Non Currrent Assets Other | 23.1M | 29.2M | 47.5M | 28.3M | 60.7M | 63.8M | |
Other Assets | 33.0M | 79.3M | 115.7M | 122.4M | 140.7M | 147.8M | |
Cash And Short Term Investments | 255.0M | 624.0M | 958.8M | 1.4B | 1.4B | 1.4B | |
Net Receivables | 1.2B | 1.6B | 2.0B | 2.3B | 2.9B | 3.0B | |
Common Stock Shares Outstanding | 478.1M | 489.9M | 498.5M | 499.9M | 500.2M | 499.8M | |
Liabilities And Stockholders Equity | 1.7B | 2.8B | 3.6B | 4.4B | 4.9B | 5.1B | |
Non Current Liabilities Total | 185.9M | 265.8M | 246.7M | 236.0M | 213.6M | 141.9M | |
Other Current Assets | 27.9M | 102.2M | 112.2M | 51.8M | 63.4M | 43.2M | |
Other Stockholder Equity | 380.1M | 538.8M | 915.2M | 1.4B | 2.0B | 2.1B | |
Total Liab | 1.1B | 1.7B | 2.1B | 2.3B | 2.7B | 2.9B | |
Property Plant And Equipment Gross | 237.5M | 364.0M | 369.9M | 394.2M | 517.7M | 543.6M | |
Total Current Assets | 1.4B | 2.3B | 3.1B | 3.8B | 4.3B | 4.5B | |
Intangible Assets | 9.1M | 11.5M | 14.3M | 18.5M | 16.9M | 9.7M | |
Property Plant Equipment | 237.5M | 115.9M | 369.9M | 173.8M | 199.8M | 118.5M | |
Capital Surpluse | 380.1M | 538.8M | 915.2M | 1.4B | 1.7B | 1.8B | |
Retained Earnings Total Equity | 232.4M | 474.4M | 612.1M | 665.5M | 765.3M | 803.6M | |
Non Current Liabilities Other | 11.0M | 265.8M | 246.7M | 27.5M | 33.3M | 31.6M | |
Net Invested Capital | 612.5M | 1.0B | 1.5B | 2.1B | 2.2B | 1.3B | |
Net Working Capital | 518.8M | 835.6M | 1.3B | 1.8B | 1.8B | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Trade Desk is a strong investment it is important to analyze Trade Desk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trade Desk's future performance. For an informed investment choice regarding Trade Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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When running Trade Desk's price analysis, check to measure Trade Desk'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 Trade Desk is operating at the current time. Most of Trade Desk's value examination focuses on studying past and present price action to predict the probability of Trade Desk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trade Desk's price. Additionally, you may evaluate how the addition of Trade Desk to your portfolios can decrease your overall portfolio volatility.
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Is Trade Desk'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 Trade Desk. If investors know Trade 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 Trade Desk 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 2.151 | Earnings Share 0.4 | Revenue Per Share 4.202 | Quarterly Revenue Growth 0.283 | Return On Assets 0.0364 |
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk'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 Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk'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 Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk'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.