Tractor Long Term Debt vs Total Assets Analysis

TSCO Stock

USD 273.08 4.80 1.73%

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 Long Term Debt and its Total Assets 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tractor Supply Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tractor Supply's Long Term Debt and Total Assets is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets 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 Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tractor Supply are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Tractor Supply's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Tractor Supply has held for over one year. Long-term debt appears on Tractor Supply balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tractor Supply balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Tractor Supply assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tractor Supply books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 1st 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

Interest Expense Depreciation And Amortization

Tractor Supply fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Other Liab
Total Assets		0.98	0.98	0.99	0.89	0.99	0.97	0.98	0.97	0.59	0.99	0.08	0.59	-0.44	-0.49	0.99	0.95	0.95	-0.97	1.0	0.97	0.95	0.65	0.83	0.39	0.25
Short Long Term Debt Total	0.98		0.94	0.96	0.8	0.99	0.99	0.94	0.93	0.59	0.99	0.02	0.59	-0.47	-0.35	1.0	0.89	0.9	-0.95	1.0	0.92	0.96	0.53	0.84	0.27	0.09
Other Current Liab	0.98	0.94		0.99	0.92	0.95	0.92	0.97	0.98	0.57	0.95	0.07	0.57	-0.31	-0.57	0.94	0.97	0.96	-0.94	0.96	0.97	0.88	0.7	0.76	0.42	0.35
Total Current Liabilities	0.99	0.96	0.99		0.91	0.97	0.95	0.98	0.99	0.57	0.97	0.06	0.57	-0.43	-0.52	0.96	0.97	0.96	-0.97	0.98	0.97	0.93	0.67	0.75	0.44	0.3
Total Stockholder Equity	0.89	0.8	0.92	0.91		0.84	0.78	0.93	0.91	0.52	0.85	0.28	0.52	-0.29	-0.8	0.81	0.95	0.89	-0.86	0.84	0.94	0.79	0.88	0.7	0.68	0.58
Property Plant And Equipment Net	0.99	0.99	0.95	0.97	0.84		0.99	0.96	0.95	0.54	1.0	0.02	0.54	-0.45	-0.42	1.0	0.93	0.93	-0.96	1.0	0.93	0.96	0.59	0.84	0.33	0.15
Net Debt	0.97	0.99	0.92	0.95	0.78	0.99		0.94	0.92	0.45	0.99	-0.06	0.45	-0.49	-0.33	0.99	0.9	0.91	-0.96	0.98	0.88	0.95	0.53	0.85	0.25	0.08
Retained Earnings	0.98	0.94	0.97	0.98	0.93	0.96	0.94		0.97	0.48	0.97	0.11	0.48	-0.46	-0.57	0.95	0.99	0.96	-0.98	0.96	0.96	0.9	0.74	0.83	0.48	0.37
Accounts Payable	0.97	0.93	0.98	0.99	0.91	0.95	0.92	0.97		0.56	0.95	0.06	0.56	-0.44	-0.55	0.94	0.97	0.97	-0.96	0.96	0.97	0.89	0.68	0.71	0.48	0.37
Cash	0.59	0.59	0.57	0.57	0.52	0.54	0.45	0.48	0.56		0.53	0.47	1.0	-0.18	-0.27	0.59	0.42	0.41	-0.46	0.59	0.69	0.57	0.29	0.38	0.24	0.11
Non Current Assets Total	0.99	0.99	0.95	0.97	0.85	1.0	0.99	0.97	0.95	0.53		0.01	0.53	-0.46	-0.42	0.99	0.93	0.93	-0.97	1.0	0.93	0.96	0.6	0.85	0.33	0.16
Non Currrent Assets Other	0.08	0.02	0.07	0.06	0.28	0.02	-0.06	0.11	0.06	0.47	0.01		0.47	0.1	-0.4	0.03	0.07	-0.09	-0.05	0.03	0.21	0.05	0.37	0.04	0.48	0.29
Cash And Short Term Investments	0.59	0.59	0.57	0.57	0.52	0.54	0.45	0.48	0.56	1.0	0.53	0.47		-0.18	-0.27	0.59	0.42	0.41	-0.46	0.59	0.69	0.57	0.29	0.38	0.24	0.11
Net Receivables	-0.44	-0.47	-0.31	-0.43	-0.29	-0.45	-0.49	-0.46	-0.44	-0.18	-0.46	0.1	-0.18		-0.08	-0.46	-0.41	-0.42	0.53	-0.46	-0.38	-0.53	-0.1	-0.42	-0.12	-0.01
Common Stock Shares Outstanding	-0.49	-0.35	-0.57	-0.52	-0.8	-0.42	-0.33	-0.57	-0.55	-0.27	-0.42	-0.4	-0.27	-0.08		-0.36	-0.64	-0.55	0.44	-0.41	-0.61	-0.37	-0.87	-0.33	-0.77	-0.77
Non Current Liabilities Total	0.99	1.0	0.94	0.96	0.81	1.0	0.99	0.95	0.94	0.59	0.99	0.03	0.59	-0.46	-0.36		0.9	0.91	-0.95	1.0	0.93	0.96	0.54	0.85	0.27	0.11
Inventory	0.95	0.89	0.97	0.97	0.95	0.93	0.9	0.99	0.97	0.42	0.93	0.07	0.42	-0.41	-0.64	0.9		0.98	-0.96	0.93	0.95	0.86	0.78	0.76	0.53	0.46
Other Current Assets	0.95	0.9	0.96	0.96	0.89	0.93	0.91	0.96	0.97	0.41	0.93	-0.09	0.41	-0.42	-0.55	0.91	0.98		-0.95	0.93	0.92	0.85	0.65	0.75	0.41	0.39
Other Stockholder Equity	-0.97	-0.95	-0.94	-0.97	-0.86	-0.96	-0.96	-0.98	-0.96	-0.46	-0.97	-0.05	-0.46	0.53	0.44	-0.95	-0.96	-0.95		-0.97	-0.92	-0.91	-0.63	-0.82	-0.39	-0.29
Total Liab	1.0	1.0	0.96	0.98	0.84	1.0	0.98	0.96	0.96	0.59	1.0	0.03	0.59	-0.46	-0.41	1.0	0.93	0.93	-0.97		0.95	0.96	0.58	0.83	0.32	0.17
Total Current Assets	0.97	0.92	0.97	0.97	0.94	0.93	0.88	0.96	0.97	0.69	0.93	0.21	0.69	-0.38	-0.61	0.93	0.95	0.92	-0.92	0.95		0.88	0.72	0.74	0.51	0.41
Short Term Debt	0.95	0.96	0.88	0.93	0.79	0.96	0.95	0.9	0.89	0.57	0.96	0.05	0.57	-0.53	-0.37	0.96	0.86	0.85	-0.91	0.96	0.88		0.54	0.78	0.33	0.05
Common Stock Total Equity	0.65	0.53	0.7	0.67	0.88	0.59	0.53	0.74	0.68	0.29	0.6	0.37	0.29	-0.1	-0.87	0.54	0.78	0.65	-0.63	0.58	0.72	0.54		0.55	0.75	0.68
Property Plant And Equipment Gross	0.83	0.84	0.76	0.75	0.7	0.84	0.85	0.83	0.71	0.38	0.85	0.04	0.38	-0.42	-0.33	0.85	0.76	0.75	-0.82	0.83	0.74	0.78	0.55		0.15	0.13
Common Stock	0.39	0.27	0.42	0.44	0.68	0.33	0.25	0.48	0.48	0.24	0.33	0.48	0.24	-0.12	-0.77	0.27	0.53	0.41	-0.39	0.32	0.51	0.33	0.75	0.15		0.74
Other Liab	0.25	0.09	0.35	0.3	0.58	0.15	0.08	0.37	0.37	0.11	0.16	0.29	0.11	-0.01	-0.77	0.11	0.46	0.39	-0.29	0.17	0.41	0.05	0.68	0.13	0.74

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Tractor Supply Account Relationship Matchups

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:

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Is Tractor Stock a good investment?

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What is Tractor Supply's Net Worth?

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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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.

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Tractor Long Term Debt vs Total Assets Analysis

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Assets

Tractor Supply fundamental ratios Correlations

Tractor Supply Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tractor Supply fundamental ratios Accounts

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Complementary Tools for Tractor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Other Stockholder Equity	- 0.98	Retained Earnings
Total Liab	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Non Current Assets Total
Other Stockholder Equity	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.97	Total Assets
Other Stockholder Equity	- 0.96	Inventory