Tractor Property Plant Equipment vs Deferred Long Term Liab 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 Property Plant Equipment and its Deferred Long Term Liab 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.

Property Plant Equipment vs Deferred Long Term Liab

Property Plant Equipment vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tractor Supply Property Plant Equipment account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tractor Supply's Property Plant Equipment and Deferred Long Term Liab is -0.55. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Deferred Long Term Liab 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 Property Plant Equipment and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Tractor Supply are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Property Plant Equipment i.e., Tractor Supply's Property Plant Equipment and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Expense26.6M30.6M46.5M48.8M
Depreciation And Amortization270.2M343.1M393.0M412.7M

Tractor Supply fundamental ratios Correlations

0.980.980.990.890.990.970.980.970.590.990.080.59-0.44-0.490.990.950.95-0.971.00.970.950.650.830.390.25
0.980.940.960.80.990.990.940.930.590.990.020.59-0.47-0.351.00.890.9-0.951.00.920.960.530.840.270.09
0.980.940.990.920.950.920.970.980.570.950.070.57-0.31-0.570.940.970.96-0.940.960.970.880.70.760.420.35
0.990.960.990.910.970.950.980.990.570.970.060.57-0.43-0.520.960.970.96-0.970.980.970.930.670.750.440.3
0.890.80.920.910.840.780.930.910.520.850.280.52-0.29-0.80.810.950.89-0.860.840.940.790.880.70.680.58
0.990.990.950.970.840.990.960.950.541.00.020.54-0.45-0.421.00.930.93-0.961.00.930.960.590.840.330.15
0.970.990.920.950.780.990.940.920.450.99-0.060.45-0.49-0.330.990.90.91-0.960.980.880.950.530.850.250.08
0.980.940.970.980.930.960.940.970.480.970.110.48-0.46-0.570.950.990.96-0.980.960.960.90.740.830.480.37
0.970.930.980.990.910.950.920.970.560.950.060.56-0.44-0.550.940.970.97-0.960.960.970.890.680.710.480.37
0.590.590.570.570.520.540.450.480.560.530.471.0-0.18-0.270.590.420.41-0.460.590.690.570.290.380.240.11
0.990.990.950.970.851.00.990.970.950.530.010.53-0.46-0.420.990.930.93-0.971.00.930.960.60.850.330.16
0.080.020.070.060.280.02-0.060.110.060.470.010.470.1-0.40.030.07-0.09-0.050.030.210.050.370.040.480.29
0.590.590.570.570.520.540.450.480.561.00.530.47-0.18-0.270.590.420.41-0.460.590.690.570.290.380.240.11
-0.44-0.47-0.31-0.43-0.29-0.45-0.49-0.46-0.44-0.18-0.460.1-0.18-0.08-0.46-0.41-0.420.53-0.46-0.38-0.53-0.1-0.42-0.12-0.01
-0.49-0.35-0.57-0.52-0.8-0.42-0.33-0.57-0.55-0.27-0.42-0.4-0.27-0.08-0.36-0.64-0.550.44-0.41-0.61-0.37-0.87-0.33-0.77-0.77
0.991.00.940.960.811.00.990.950.940.590.990.030.59-0.46-0.360.90.91-0.951.00.930.960.540.850.270.11
0.950.890.970.970.950.930.90.990.970.420.930.070.42-0.41-0.640.90.98-0.960.930.950.860.780.760.530.46
0.950.90.960.960.890.930.910.960.970.410.93-0.090.41-0.42-0.550.910.98-0.950.930.920.850.650.750.410.39
-0.97-0.95-0.94-0.97-0.86-0.96-0.96-0.98-0.96-0.46-0.97-0.05-0.460.530.44-0.95-0.96-0.95-0.97-0.92-0.91-0.63-0.82-0.39-0.29
1.01.00.960.980.841.00.980.960.960.591.00.030.59-0.46-0.411.00.930.93-0.970.950.960.580.830.320.17
0.970.920.970.970.940.930.880.960.970.690.930.210.69-0.38-0.610.930.950.92-0.920.950.880.720.740.510.41
0.950.960.880.930.790.960.950.90.890.570.960.050.57-0.53-0.370.960.860.85-0.910.960.880.540.780.330.05
0.650.530.70.670.880.590.530.740.680.290.60.370.29-0.1-0.870.540.780.65-0.630.580.720.540.550.750.68
0.830.840.760.750.70.840.850.830.710.380.850.040.38-0.42-0.330.850.760.75-0.820.830.740.780.550.150.13
0.390.270.420.440.680.330.250.480.480.240.330.480.24-0.12-0.770.270.530.41-0.390.320.510.330.750.150.74
0.250.090.350.30.580.150.080.370.370.110.160.290.11-0.01-0.770.110.460.39-0.290.170.410.050.680.130.74
Click cells to compare fundamentals

Tractor Supply Account Relationship Matchups

Tractor Supply fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B7.0B7.8B8.5B9.2B9.6B
Short Long Term Debt Total2.7B3.5B3.9B4.3B5.0B5.3B
Other Current Liab293.4M464.5M584.0M628.3M624.5M655.7M
Total Current Liabilities1.2B1.7B2.1B2.4B2.2B2.3B
Total Stockholder Equity1.6B1.9B2.0B2.0B2.1B2.3B
Property Plant And Equipment Net3.4B3.7B4.4B5.0B5.6B5.9B
Net Debt2.6B2.2B3.0B4.1B4.6B4.9B
Retained Earnings3.6B4.2B4.9B5.6B6.3B6.6B
Accounts Payable643.0M976.1M1.2B1.4B1.2B1.2B
Cash84.2M1.3B878.0M202.5M397.1M416.9M
Non Current Assets Total3.5B3.8B4.5B5.3B5.9B6.2B
Non Currrent Assets Other24.1M30.5M40.5M(7.6M)22.2M12.3M
Cash And Short Term Investments84.2M1.3B878.0M202.5M397.1M416.9M
Net Receivables4.1M(558K)1.017.1M2.5M2.3M
Common Stock Shares Outstanding120.7M117.4M115.8M112.1M109.7M120.2M
Liabilities And Stockholders Equity5.3B7.0B7.8B8.5B9.2B9.6B
Non Current Liabilities Total2.5B3.4B3.7B4.1B4.9B5.1B
Inventory1.6B1.8B2.2B2.7B2.6B2.8B
Other Current Assets100.9M133.7M164.1M245.7M218.6M229.5M
Other Stockholder Equity(2.0B)(2.3B)(2.9B)(3.6B)(4.1B)(3.9B)
Total Liab3.7B5.1B5.8B6.4B7.0B7.4B
Total Current Assets1.8B3.3B3.3B3.2B3.3B3.4B
Short Term Debt311.1M303.3M325.2M349.6M372.8M391.4M
Common Stock Total Equity1.4M1.4M1.4M1.4M1.6M1.7M
Property Plant And Equipment Gross3.4B3.7B1.6B2.1B7.9B8.3B
Accumulated Other Comprehensive Income199K(3.2M)1.3M11.3M6.8M7.1M
Common Stock1.4M1.4M1.4M1.4M1.4M785.6K
Other Liab76.2M143.2M105.8M150.8M173.4M96.3M
Other Assets24.0M2.5B57.8M41.5M47.8M45.4M
Long Term Debt366.5M984.3M986.4M1.2B1.7B1.8B
Property Plant Equipment1.2B1.2B4.4B2.1B2.4B2.5B
Treasury Stock(3.0B)(3.4B)(4.2B)(4.9B)(4.4B)(4.2B)
Net Tangible Assets1.4B1.9B1.9B2.0B2.3B1.6B
Retained Earnings Total Equity3.6B4.2B4.9B5.6B6.5B6.8B
Long Term Debt Total366.5M984.3M986.4M1.2B1.3B1.4B
Capital Surpluse966.7M1.1B1.2B1.3B1.5B810.2M

Currently Active Assets on Macroaxis

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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.