Trident Non Current Liabilities Total vs Total Liab Analysis

TDTH Stock   2.56  0.05  1.99%   
Trident Digital financial indicator trend analysis is much more than just breaking down Trident Digital Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trident Digital Tech is a good investment. Please check the relationship between Trident Digital Non Current Liabilities Total and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trident Digital Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Current Liabilities Total vs Total Liab

Non Current Liabilities Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trident Digital Tech Non Current Liabilities Total account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Trident Digital's Non Current Liabilities Total and Total Liab is 1.0. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Trident Digital Tech, assuming nothing else is changed. The correlation between historical values of Trident Digital's Non Current Liabilities Total and Total 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 Non Current Liabilities Total of Trident Digital Tech are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Liabilities Total i.e., Trident Digital's Non Current Liabilities Total and Total Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Trident Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trident Digital Tech 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 Trident Digital Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The Trident Digital's current Selling General Administrative is estimated to increase to about 4.7 M, while Tax Provision is projected to decrease to 0.00.
 2010 2022 2023 2024 (projected)
Gross Profit200.4K262.2K266.2K267.2K
Total Revenue657.1K1.3M1.5M1.2M

Trident Digital fundamental ratios Correlations

0.880.660.96-0.930.921.00.960.68-0.96-0.720.90.960.890.820.970.310.990.90.64-0.72
0.880.320.97-0.760.990.860.970.95-0.9-0.591.00.981.00.570.970.70.780.640.29-0.59
0.660.320.49-0.860.410.670.490.05-0.69-0.890.360.470.330.960.5-0.460.740.921.0-0.89
0.960.970.49-0.860.990.961.00.85-0.96-0.670.991.00.980.711.00.540.910.780.46-0.67
-0.93-0.76-0.86-0.86-0.82-0.94-0.86-0.540.960.92-0.79-0.86-0.77-0.97-0.87-0.06-0.94-0.98-0.840.92
0.920.990.410.99-0.820.910.990.91-0.94-0.641.00.991.00.640.990.620.850.710.38-0.64
1.00.860.670.96-0.940.910.960.66-0.96-0.730.890.950.880.830.960.280.990.90.65-0.73
0.960.970.491.0-0.860.990.960.85-0.96-0.670.991.00.980.711.00.540.910.780.46-0.67
0.680.950.050.85-0.540.910.660.85-0.75-0.420.930.860.940.320.840.860.550.380.01-0.42
-0.96-0.9-0.69-0.960.96-0.94-0.96-0.96-0.750.85-0.92-0.95-0.91-0.87-0.96-0.32-0.92-0.9-0.670.85
-0.72-0.59-0.89-0.670.92-0.64-0.73-0.67-0.420.85-0.61-0.66-0.6-0.95-0.670.1-0.73-0.9-0.871.0
0.91.00.360.99-0.791.00.890.990.93-0.92-0.610.991.00.60.980.660.820.680.33-0.61
0.960.980.471.0-0.860.990.951.00.86-0.95-0.660.990.980.71.00.550.90.770.45-0.66
0.891.00.330.98-0.771.00.880.980.94-0.91-0.61.00.980.580.980.680.80.660.3-0.6
0.820.570.960.71-0.970.640.830.710.32-0.87-0.950.60.70.580.71-0.190.870.990.95-0.95
0.970.970.51.0-0.870.990.961.00.84-0.96-0.670.981.00.980.710.530.910.790.47-0.67
0.310.7-0.460.54-0.060.620.280.540.86-0.320.10.660.550.68-0.190.530.16-0.11-0.490.1
0.990.780.740.91-0.940.850.990.910.55-0.92-0.730.820.90.80.870.910.160.930.72-0.73
0.90.640.920.78-0.980.710.90.780.38-0.9-0.90.680.770.660.990.79-0.110.930.91-0.9
0.640.291.00.46-0.840.380.650.460.01-0.67-0.870.330.450.30.950.47-0.490.720.91-0.87
-0.72-0.59-0.89-0.670.92-0.64-0.73-0.67-0.420.851.0-0.61-0.66-0.6-0.95-0.670.1-0.73-0.9-0.87
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Trident Digital Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital'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 Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trident Digital Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is IT Consulting & Other Services space 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.026
Quarterly Revenue Growth
0.272
Return On Assets
(0.67)
Return On Equity
(8.62)
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.