Tucows Accounts Payable vs Net Receivables Analysis

TCX Stock

USD 17.77 0.42 2.31%

Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Accounts Payable and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tucows' Accounts Payable and Net Receivables is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Accounts Payable and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tucows Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Tucows' Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Tucows 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 Tucows Inc 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.

Net Receivables

Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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 Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Tucows' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 8.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	78.3M	78.2M	61.6M	40.1M
Total Revenue	304.3M	321.1M	339.3M	356.3M

Gross Profit Total Revenue

Tucows fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Common Stock	Good Will	Intangible Assets	Current Deferred Revenue
Total Assets		0.92	0.91	0.18	0.97	0.96	0.12	0.91	0.8	1.0	0.79	0.8	0.96	0.24	0.12	-0.5	0.99	0.97	0.63	0.95	0.97	0.09	0.94	0.77	0.48	-0.21
Other Current Liab	0.92		0.72	-0.19	0.95	0.98	-0.24	0.78	0.95	0.95	0.93	0.95	0.82	0.22	-0.25	-0.3	0.96	0.94	0.33	0.99	0.98	-0.02	0.85	0.48	0.15	-0.17
Total Current Liabilities	0.91	0.72		0.42	0.78	0.78	0.41	0.87	0.56	0.86	0.6	0.56	0.94	0.38	0.46	-0.72	0.87	0.79	0.83	0.76	0.79	0.38	0.87	0.85	0.77	-0.39
Total Stockholder Equity	0.18	-0.19	0.42		0.07	-0.05	0.97	0.33	-0.42	0.11	-0.39	-0.42	0.33	-0.03	0.92	-0.54	0.06	0.11	0.72	-0.11	-0.05	0.11	0.23	0.71	0.78	-0.04
Property Plant And Equipment Net	0.97	0.95	0.78	0.07		0.97	-0.03	0.89	0.82	0.98	0.79	0.82	0.9	0.16	-0.04	-0.35	0.97	1.0	0.49	0.96	0.98	-0.08	0.92	0.66	0.27	-0.12
Net Debt	0.96	0.98	0.78	-0.05	0.97		-0.13	0.82	0.91	0.98	0.9	0.91	0.86	0.19	-0.14	-0.33	0.99	0.97	0.42	1.0	1.0	-0.02	0.88	0.6	0.26	-0.13
Retained Earnings	0.12	-0.24	0.41	0.97	-0.03	-0.13		0.27	-0.45	0.03	-0.41	-0.45	0.3	0.01	0.94	-0.67	-0.01	0.01	0.72	-0.18	-0.13	0.22	0.17	0.65	0.82	-0.13
Accounts Payable	0.91	0.78	0.87	0.33	0.89	0.82	0.27		0.6	0.89	0.55	0.6	0.95	0.18	0.3	-0.59	0.88	0.9	0.72	0.8	0.84	0.2	0.91	0.78	0.51	-0.2
Cash	0.8	0.95	0.56	-0.42	0.82	0.91	-0.45	0.6		0.84	0.97	1.0	0.65	0.12	-0.46	-0.14	0.86	0.8	0.13	0.93	0.91	0.0	0.66	0.28	-0.01	-0.05
Non Current Assets Total	1.0	0.95	0.86	0.11	0.98	0.98	0.03	0.89	0.84		0.83	0.84	0.93	0.22	0.03	-0.43	1.0	0.98	0.56	0.97	0.99	0.04	0.93	0.71	0.4	-0.18
Non Currrent Assets Other	0.79	0.93	0.6	-0.39	0.79	0.9	-0.41	0.55	0.97	0.83		0.97	0.64	0.26	-0.41	-0.18	0.86	0.77	0.15	0.92	0.89	0.06	0.68	0.29	0.05	-0.18
Cash And Short Term Investments	0.8	0.95	0.56	-0.42	0.82	0.91	-0.45	0.6	1.0	0.84	0.97		0.65	0.12	-0.46	-0.14	0.86	0.8	0.13	0.93	0.91	0.0	0.66	0.28	-0.01	-0.05
Net Receivables	0.96	0.82	0.94	0.33	0.9	0.86	0.3	0.95	0.65	0.93	0.64	0.65		0.31	0.32	-0.67	0.93	0.91	0.75	0.84	0.88	0.13	0.95	0.81	0.59	-0.32
Common Stock Shares Outstanding	0.24	0.22	0.38	-0.03	0.16	0.19	0.01	0.18	0.12	0.22	0.26	0.12	0.31		0.18	-0.21	0.25	0.16	0.2	0.18	0.2	0.12	0.43	0.03	0.21	-0.96
Other Current Assets	0.12	-0.25	0.46	0.92	-0.04	-0.14	0.94	0.3	-0.46	0.03	-0.41	-0.46	0.32	0.18		-0.62	0.0	-0.01	0.77	-0.19	-0.13	0.38	0.2	0.63	0.85	-0.27
Other Stockholder Equity	-0.5	-0.3	-0.72	-0.54	-0.35	-0.33	-0.67	-0.59	-0.14	-0.43	-0.18	-0.14	-0.67	-0.21	-0.62		-0.44	-0.37	-0.75	-0.3	-0.33	-0.36	-0.55	-0.65	-0.73	0.39
Total Liab	0.99	0.96	0.87	0.06	0.97	0.99	-0.01	0.88	0.86	1.0	0.86	0.86	0.93	0.25	0.0	-0.44		0.97	0.55	0.98	0.99	0.08	0.92	0.68	0.39	-0.2
Property Plant And Equipment Gross	0.97	0.94	0.79	0.11	1.0	0.97	0.01	0.9	0.8	0.98	0.77	0.8	0.91	0.16	-0.01	-0.37	0.97		0.51	0.95	0.97	-0.08	0.92	0.69	0.3	-0.12
Total Current Assets	0.63	0.33	0.83	0.72	0.49	0.42	0.72	0.72	0.13	0.56	0.15	0.13	0.75	0.2	0.77	-0.75	0.55	0.51		0.38	0.44	0.39	0.66	0.92	0.9	-0.29
Short Long Term Debt Total	0.95	0.99	0.76	-0.11	0.96	1.0	-0.18	0.8	0.93	0.97	0.92	0.93	0.84	0.18	-0.19	-0.3	0.98	0.95	0.38		1.0	-0.02	0.86	0.56	0.22	-0.12
Non Current Liabilities Total	0.97	0.98	0.79	-0.05	0.98	1.0	-0.13	0.84	0.91	0.99	0.89	0.91	0.88	0.2	-0.13	-0.33	0.99	0.97	0.44	1.0		-0.02	0.89	0.6	0.26	-0.14
Short Term Debt	0.09	-0.02	0.38	0.11	-0.08	-0.02	0.22	0.2	0.0	0.04	0.06	0.0	0.13	0.12	0.38	-0.36	0.08	-0.08	0.39	-0.02	-0.02		0.04	0.21	0.47	-0.18
Common Stock	0.94	0.85	0.87	0.23	0.92	0.88	0.17	0.91	0.66	0.93	0.68	0.66	0.95	0.43	0.2	-0.55	0.92	0.92	0.66	0.86	0.89	0.04		0.72	0.44	-0.43
Good Will	0.77	0.48	0.85	0.71	0.66	0.6	0.65	0.78	0.28	0.71	0.29	0.28	0.81	0.03	0.63	-0.65	0.68	0.69	0.92	0.56	0.6	0.21	0.72		0.84	-0.07
Intangible Assets	0.48	0.15	0.77	0.78	0.27	0.26	0.82	0.51	-0.01	0.4	0.05	-0.01	0.59	0.21	0.85	-0.73	0.39	0.3	0.9	0.22	0.26	0.47	0.44	0.84		-0.26
Current Deferred Revenue	-0.21	-0.17	-0.39	-0.04	-0.12	-0.13	-0.13	-0.2	-0.05	-0.18	-0.18	-0.05	-0.32	-0.96	-0.27	0.39	-0.2	-0.12	-0.29	-0.12	-0.14	-0.18	-0.43	-0.07	-0.26

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Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	425.9M	451.9M	539.6M	664.7M	855.2M	897.9M
Other Current Liab	11.6M	12.1M	19.4M	27.7M	56.5M	59.4M
Total Current Liabilities	156.9M	163.0M	173.7M	188.2M	201.3M	211.4M
Total Stockholder Equity	94.2M	104.7M	115.1M	96.7M	9.9M	9.4M
Property Plant And Equipment Net	93.5M	128.8M	190.2M	302.0M	367.1M	385.5M
Net Debt	103.9M	124.4M	196.6M	232.5M	472.0M	495.6M
Retained Earnings	76.2M	80.1M	83.5M	55.9M	(40.3M)	(38.3M)
Accounts Payable	6.7M	6.3M	10.0M	17.2M	12.7M	13.3M
Cash	20.4M	8.3M	9.1M	23.5M	96.3M	101.1M
Non Current Assets Total	280.2M	310.7M	392.6M	494.8M	708.1M	743.5M
Non Currrent Assets Other	19.3M	18.0M	19.6M	7.5M	113.6M	119.3M
Cash And Short Term Investments	20.4M	8.3M	9.1M	23.5M	96.3M	101.1M
Net Receivables	16.4M	16.8M	18.8M	26.0M	24.3M	25.5M
Common Stock Shares Outstanding	10.8M	10.7M	10.8M	10.8M	10.9M	12.9M
Liabilities And Stockholders Equity	425.9M	451.9M	539.6M	664.7M	855.2M	897.9M
Other Current Assets	105.5M	114.2M	115.8M	115.6M	19.7M	18.7M
Other Stockholder Equity	880K	1.5M	2.8M	8.1M	14.1M	13.4M
Total Liab	331.7M	347.2M	424.5M	568.1M	845.3M	887.6M
Property Plant And Equipment Gross	93.5M	128.8M	172.7M	281.5M	323.7M	339.9M
Total Current Assets	145.7M	141.2M	147.0M	169.9M	147.1M	74.7M
Accumulated Other Comprehensive Income	473K	2.3M	343K	784K	1.7M	1.8M
Short Long Term Debt Total	124.3M	132.7M	205.8M	256.0M	568.3M	596.7M
Non Current Liabilities Total	174.8M	184.2M	250.8M	379.9M	644.0M	676.1M
Short Term Debt	1.4M	1.8M	3.2M	4.6M	5.4M	4.3M
Common Stock	16.6M	20.8M	28.5M	31.9M	34.4M	32.7M
Good Will	90.1M	109.8M	116.3M	130.4M	117.4M	66.3M
Intangible Assets	57.7M	47.4M	50.4M	39.8M	29.5M	24.6M
Current Deferred Revenue	137.2M	142.7M	141.1M	138.7M	126.7M	83.0M
Other Assets	19.3M	18.2M	19.6M	20.6M	23.7M	15.9M
Long Term Debt	113.5M	121.7M	190.7M	238.9M	274.8M	288.5M
Property Plant Equipment	82.1M	117.5M	190.2M	281.5M	323.7M	339.9M
Other Liab	51.9M	53.3M	48.2M	38.1M	43.8M	25.8M
Common Stock Total Equity	16.6M	20.8M	28.5M	31.9M	36.6M	38.5M
Inventory	3.5M	1.9M	3.3M	7.3M	6.8M	7.1M
Net Tangible Assets	129.8M	138.8M	(65.7M)	131.3M	151.0M	158.6M
Retained Earnings Total Equity	76.2M	80.1M	83.5M	55.9M	64.3M	33.4M
Capital Surpluse	880K	1.5M	2.8M	8.1M	7.3M	10.9M
Deferred Long Term Liab	25.5M	24.8M	19.3M	15.7M	18.1M	25.9M
Non Current Liabilities Other	216K	3.6M	2.0M	90.6M	104.2M	109.4M

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When determining whether Tucows Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tucows' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tucows Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tucows Inc Stock:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Tucows Inc information on this page should be used as a complementary analysis to other Tucows' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Tucows' price analysis, check to measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.

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Is Tucows' 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 Tucows. If investors know Tucows 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 Tucows 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

0.902

Earnings Share

(8.85)

Revenue Per Share

31.235

Quarterly Revenue Growth

0.102

Return On Assets

(0.05)

The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' 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 Tucows' market value can be influenced by many factors that don't directly affect Tucows' 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 Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' 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.

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Tucows Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

Tucows fundamental ratios Correlations

Tucows Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tucows fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total

Current Deferred Revenue	- 0.96	Common Stock Shares Outstanding
Total Current Assets	- 0.75	Other Stockholder Equity
Intangible Assets	- 0.73	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Total Current Liabilities
Other Stockholder Equity	- 0.67	Net Receivables
Other Stockholder Equity	- 0.67	Retained Earnings