TFI Non Current Assets Total vs Total Current Assets Analysis

TFII Stock  USD 147.96  0.89  0.61%   
TFI International financial indicator trend analysis is much more than just breaking down TFI International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TFI International is a good investment. Please check the relationship between TFI International Non Current Assets Total and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TFI International Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TFI International's Non Current Assets Total and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of TFI International, assuming nothing else is changed. The correlation between historical values of TFI International's Non Current Assets Total and Total Current 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 Non Current Assets Total of TFI International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., TFI International's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from TFI International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TFI International 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 TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.As of now, TFI International's Enterprise Value Over EBITDA is decreasing as compared to previous years. The TFI International's current Enterprise Value Multiple is estimated to increase to 16.01, while Selling General Administrative is projected to decrease to under 80.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue7.2B8.8B7.5B7.9B
Interest Expense78.1M82.1M75.5M110.3M

TFI International fundamental ratios Correlations

0.890.50.910.980.990.930.950.721.00.340.890.960.310.970.950.09-0.190.990.950.970.60.740.750.740.75
0.890.260.790.810.840.970.790.50.90.330.730.770.380.940.780.2-0.260.920.870.810.590.550.690.550.77
0.50.260.420.570.540.30.620.540.470.330.460.6-0.020.410.620.010.010.430.420.590.110.470.580.470.28
0.910.790.420.870.910.870.810.810.90.060.860.930.320.820.890.33-0.20.920.830.920.840.590.520.590.68
0.980.810.570.870.980.860.980.730.980.40.880.960.240.930.940.05-0.190.950.930.970.520.780.750.780.73
0.990.840.540.910.980.890.960.730.980.270.90.960.210.950.980.02-0.150.970.950.970.590.770.730.770.68
0.930.970.30.870.860.890.80.630.940.230.760.860.430.950.840.17-0.210.970.880.860.670.550.640.540.78
0.950.790.620.810.980.960.80.660.950.410.860.910.070.90.940.0-0.210.910.940.940.450.830.790.830.66
0.720.50.540.810.730.730.630.660.710.140.710.840.30.590.750.14-0.140.690.510.710.540.250.220.250.74
1.00.90.470.90.980.980.940.950.710.350.880.950.310.980.940.06-0.20.990.950.960.580.720.730.720.78
0.340.330.330.060.40.270.230.410.140.350.260.320.310.390.26-0.18-0.080.290.280.29-0.340.280.530.280.43
0.890.730.460.860.880.90.760.860.710.880.260.890.20.820.90.05-0.130.870.850.880.570.690.630.690.61
0.960.770.60.930.960.960.860.910.840.950.320.890.360.90.970.07-0.120.940.860.970.590.660.660.660.71
0.310.38-0.020.320.240.210.430.070.30.310.310.20.360.360.190.280.140.360.140.280.22-0.080.21-0.080.45
0.970.940.410.820.930.950.950.90.590.980.390.820.90.360.90.0-0.160.980.950.920.50.720.80.710.74
0.950.780.620.890.940.980.840.940.750.940.260.90.970.190.90.01-0.060.940.920.970.570.760.720.760.61
0.090.20.010.330.050.020.170.00.140.06-0.180.050.070.280.00.01-0.190.120.040.170.62-0.010.01-0.010.17
-0.19-0.260.01-0.2-0.19-0.15-0.21-0.21-0.14-0.2-0.08-0.13-0.120.14-0.16-0.06-0.19-0.18-0.17-0.14-0.23-0.07-0.09-0.07-0.3
0.990.920.430.920.950.970.970.910.690.990.290.870.940.360.980.940.12-0.180.950.960.650.70.730.70.75
0.950.870.420.830.930.950.880.940.510.950.280.850.860.140.950.920.04-0.170.950.940.560.870.830.870.6
0.970.810.590.920.970.970.860.940.710.960.290.880.970.280.920.970.17-0.140.960.940.630.810.780.80.64
0.60.590.110.840.520.590.670.450.540.58-0.340.570.590.220.50.570.62-0.230.650.560.630.340.210.340.43
0.740.550.470.590.780.770.550.830.250.720.280.690.66-0.080.720.76-0.01-0.070.70.870.810.340.861.00.25
0.750.690.580.520.750.730.640.790.220.730.530.630.660.210.80.720.01-0.090.730.830.780.210.860.860.39
0.740.550.470.590.780.770.540.830.250.720.280.690.66-0.080.710.76-0.01-0.070.70.870.80.341.00.860.25
0.750.770.280.680.730.680.780.660.740.780.430.610.710.450.740.610.17-0.30.750.60.640.430.250.390.25
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TFI International Account Relationship Matchups

TFI International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.8B5.8B5.5B6.3B6.6B
Short Long Term Debt Total2.2B1.2B2.0B1.7B2.3B2.5B
Other Current Liab2.7M4.0M10.6M104.9M23.4M24.6M
Total Current Liabilities484.8M654.5M1.4B966.7M1.1B1.1B
Total Stockholder Equity1.2B1.8B2.2B2.5B2.6B2.7B
Property Plant And Equipment Net1.5B1.4B2.7B2.5B2.8B3.0B
Net Debt1.8B1.2B2.0B1.6B2.0B2.1B
Retained Earnings597.1M805.1M1.2B1.6B1.6B1.7B
Accounts Payable237.0M468.2M861.4M708.8M450.6M244.4M
Non Current Assets Total3.0B3.2B4.6B4.2B4.9B5.2B
Non Currrent Assets Other8.6M14.2M6.5M23.6M16.4M17.2M
Other Assets16.4M25.4M67.5M50.6M58.2M61.1M
Net Receivables462.8M605.5M1.1B1.0B918.4M964.3M
Common Stock Shares Outstanding85.4M90.9M95.3M91.3M87.1M83.9M
Liabilities And Stockholders Equity3.5B3.8B5.8B5.5B6.3B6.6B
Non Current Liabilities Total1.9B1.4B2.1B2.1B2.6B2.8B
Inventory10.6M8.8M24.4M24.2M24.0M25.2M
Other Current Assets19.0M34.2M56.5M48.8M58.1M29.8M
Other Stockholder Equity16.1M19.8M39.2M47.3M37.4M35.6M
Total Liab2.3B2.1B3.5B3.0B3.7B3.9B
Property Plant And Equipment Gross1.9B1.4B2.7B2.5B4.2B4.4B
Total Current Assets523.6M652.8M1.2B1.3B1.3B1.4B
Accumulated Other Comprehensive Income18.7M(154.7M)(144.7M)(239.1M)(200.3M)(210.3M)
Short Term Debt119.9M131.5M478.9M153.0M301.7M316.8M
Cash And Short Term Investments(75.9M)4.3M19.3M147.1M335.6M352.3M
Current Deferred Revenue125.2M50.7M55.3M290.3M333.9M350.5M
Cash(75.9M)4.3M19.3M147.1M335.6M352.3M
Good Will1.2B1.4B1.4B1.3B1.5B821.9M
Common Stock Total Equity711.0M704.5M680.2M1.1B1.3B692.6M
Common Stock520.7M1.1B1.1B1.1B1.1B709.9M
Intangible Assets319.1M374.2M368.1M310.8M536.2M277.2M
Other Liab280.0M307.7M568.3M500.3M575.3M382.9M
Net Tangible Assets(345.9M)40.4M427.4M871.0M1.0B1.1B
Long Term Debt2.1B829.5M1.2B1.3B1.7B1.5B
Capital Lease Obligations99.1M356.0M429.2M413.0M460.2M483.2M
Long Term Investments1.4M9.7M31.4M86.0M50.2M52.7M
Short Long Term Debt57.4M43.0M363.6M37.1M174.4M108.4M
Non Current Liabilities Other3.6M22.7M8.0M382K3.7M7.0M

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When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International'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 Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Cargo Ground Transportation 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 TFI International. If investors know TFI 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 TFI International 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
(0.03)
Dividend Share
1.6
Earnings Share
5.49
Revenue Per Share
97.9
Quarterly Revenue Growth
0.143
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International'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 TFI International's market value can be influenced by many factors that don't directly affect TFI International'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 TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International'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.