Tractor Current Deferred Revenue vs Retained Earnings Analysis
| TSCO Stock | USD 271.17 1.91 0.70% |
Tractor Supply financial indicator trend analysis is much more than just breaking down Tractor Supply prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tractor Supply is a good investment. Please check the relationship between Tractor Supply Current Deferred Revenue and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tractor Supply. 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. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tractor Supply Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tractor Supply's Current Deferred Revenue and Retained Earnings is 0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Tractor Supply, assuming nothing else is changed. The correlation between historical values of Tractor Supply's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Tractor Supply are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Tractor Supply's Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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.Most indicators from Tractor Supply's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tractor Supply 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 Tractor Supply. 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. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.At this time, Tractor Supply's Selling General Administrative is very stable compared to the past year. As of the 2nd of May 2024, Issuance Of Capital Stock is likely to grow to about 57.7 M, while Tax Provision is likely to drop about 268.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.6M | 30.6M | 46.5M | 48.8M | Depreciation And Amortization | 270.2M | 343.1M | 393.0M | 412.7M |
Tractor Supply fundamental ratios Correlations
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Tractor Supply Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tractor Supply fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.3B | 7.0B | 7.8B | 8.5B | 9.2B | 9.6B | |
| Short Long Term Debt Total | 2.7B | 3.5B | 3.9B | 4.3B | 5.0B | 5.3B | |
| Other Current Liab | 293.4M | 464.5M | 584.0M | 628.3M | 624.5M | 655.7M | |
| Total Current Liabilities | 1.2B | 1.7B | 2.1B | 2.4B | 2.2B | 2.3B | |
| Total Stockholder Equity | 1.6B | 1.9B | 2.0B | 2.0B | 2.1B | 2.3B | |
| Property Plant And Equipment Net | 3.4B | 3.7B | 4.4B | 5.0B | 5.6B | 5.9B | |
| Net Debt | 2.6B | 2.2B | 3.0B | 4.1B | 4.6B | 4.9B | |
| Retained Earnings | 3.6B | 4.2B | 4.9B | 5.6B | 6.3B | 6.6B | |
| Accounts Payable | 643.0M | 976.1M | 1.2B | 1.4B | 1.2B | 1.2B | |
| Cash | 84.2M | 1.3B | 878.0M | 202.5M | 397.1M | 416.9M | |
| Non Current Assets Total | 3.5B | 3.8B | 4.5B | 5.3B | 5.9B | 6.2B | |
| Non Currrent Assets Other | 24.1M | 30.5M | 40.5M | (7.6M) | 22.2M | 12.3M | |
| Cash And Short Term Investments | 84.2M | 1.3B | 878.0M | 202.5M | 397.1M | 416.9M | |
| Net Receivables | 4.1M | (558K) | 1.0 | 17.1M | 2.5M | 2.3M | |
| Common Stock Shares Outstanding | 120.7M | 117.4M | 115.8M | 112.1M | 109.7M | 120.2M | |
| Liabilities And Stockholders Equity | 5.3B | 7.0B | 7.8B | 8.5B | 9.2B | 9.6B | |
| Non Current Liabilities Total | 2.5B | 3.4B | 3.7B | 4.1B | 4.9B | 5.1B | |
| Inventory | 1.6B | 1.8B | 2.2B | 2.7B | 2.6B | 2.8B | |
| Other Current Assets | 100.9M | 133.7M | 164.1M | 245.7M | 218.6M | 229.5M | |
| Other Stockholder Equity | (2.0B) | (2.3B) | (2.9B) | (3.6B) | (4.1B) | (3.9B) | |
| Total Liab | 3.7B | 5.1B | 5.8B | 6.4B | 7.0B | 7.4B | |
| Total Current Assets | 1.8B | 3.3B | 3.3B | 3.2B | 3.3B | 3.4B | |
| Short Term Debt | 311.1M | 303.3M | 325.2M | 349.6M | 372.8M | 391.4M | |
| Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.6M | 1.7M | |
| Property Plant And Equipment Gross | 3.4B | 3.7B | 1.6B | 2.1B | 7.9B | 8.3B | |
| Accumulated Other Comprehensive Income | 199K | (3.2M) | 1.3M | 11.3M | 6.8M | 7.1M | |
| Common Stock | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 785.6K | |
| Other Liab | 76.2M | 143.2M | 105.8M | 150.8M | 173.4M | 96.3M | |
| Other Assets | 24.0M | 2.5B | 57.8M | 41.5M | 47.8M | 45.4M | |
| Long Term Debt | 366.5M | 984.3M | 986.4M | 1.2B | 1.7B | 1.8B | |
| Property Plant Equipment | 1.2B | 1.2B | 4.4B | 2.1B | 2.4B | 2.5B | |
| Treasury Stock | (3.0B) | (3.4B) | (4.2B) | (4.9B) | (4.4B) | (4.2B) | |
| Net Tangible Assets | 1.4B | 1.9B | 1.9B | 2.0B | 2.3B | 1.6B | |
| Retained Earnings Total Equity | 3.6B | 4.2B | 4.9B | 5.6B | 6.5B | 6.8B | |
| Long Term Debt Total | 366.5M | 984.3M | 986.4M | 1.2B | 1.3B | 1.4B | |
| Capital Surpluse | 966.7M | 1.1B | 1.2B | 1.3B | 1.5B | 810.2M |
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When determining whether Tractor Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tractor Supply's 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 Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tractor Supply. 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. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.Note that the Tractor Supply information on this page should be used as a complementary analysis to other Tractor Supply's 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Tractor Supply's price analysis, check to measure Tractor Supply'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 Tractor Supply is operating at the current time. Most of Tractor Supply's value examination focuses on studying past and present price action to predict the probability of Tractor Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tractor Supply's price. Additionally, you may evaluate how the addition of Tractor Supply to your portfolios can decrease your overall portfolio volatility.
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Is Tractor Supply'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 Tractor Supply. If investors know Tractor 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 Tractor Supply 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 0.109 | Dividend Share 4.19 | Earnings Share 10.28 | Revenue Per Share 134.947 | Quarterly Revenue Growth 0.029 |
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply'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 Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply'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 Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply'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.