Target Net Tangible Assets vs Capital Surpluse Analysis

TGT Stock

USD 93.15 2.69 2.97%

Target financial indicator trend analysis is much more than just breaking down Target prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target is a good investment. Please check the relationship between Target Net Tangible Assets and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Target Stock please use our How to Invest in Target guide.

Net Tangible Assets vs Capital Surpluse

Net Tangible Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Net Tangible Assets account and Capital Surpluse. At this time, the significance of the direction appears to have pay attention.

The correlation between Target's Net Tangible Assets and Capital Surpluse is -0.85. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Target, assuming nothing else is changed. The correlation between historical values of Target's Net Tangible Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Target are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Tangible Assets i.e., Target's Net Tangible Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Capital Surpluse

Most indicators from Target's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target 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 Target. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.22 in 2025, whereas Enterprise Value Over EBITDA is likely to drop 8.60 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	26.9B	29.7B	30.1B	16.8B
Total Revenue	109.1B	107.4B	106.6B	56.5B

Gross Profit Total Revenue

Target 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	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	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Current Deferred Revenue
Total Assets		0.69	0.91	0.79	0.82	0.98	0.47	0.47	0.41	0.98	0.03	0.42	0.03	-0.9	0.97	0.91	0.16	0.71	0.98	0.92	0.27	0.85	-0.81	0.6	-0.8	0.15
Short Long Term Debt Total	0.69		0.62	0.36	0.61	0.7	0.91	0.38	0.04	0.7	-0.21	0.04	0.03	-0.61	0.68	0.6	0.24	0.33	0.66	0.6	0.08	0.52	-0.43	0.12	-0.61	0.09
Other Current Liab	0.91	0.62		0.75	0.61	0.87	0.39	0.24	0.45	0.87	-0.08	0.45	-0.27	-0.81	0.91	0.9	0.23	0.65	0.93	0.87	0.0	0.88	-0.8	0.62	-0.79	0.14
Total Current Liabilities	0.79	0.36	0.75		0.51	0.72	0.06	0.19	0.69	0.72	0.09	0.69	0.11	-0.82	0.78	0.81	-0.12	0.88	0.83	0.83	0.31	0.83	-0.84	0.86	-0.78	0.15
Total Stockholder Equity	0.82	0.61	0.61	0.51		0.83	0.5	0.87	0.16	0.83	0.24	0.17	0.14	-0.63	0.73	0.55	0.49	0.41	0.69	0.71	0.43	0.44	-0.42	0.29	-0.42	0.21
Property Plant And Equipment Net	0.98	0.7	0.87	0.72	0.83		0.54	0.48	0.27	1.0	0.03	0.27	0.01	-0.89	0.97	0.87	0.18	0.69	0.95	0.83	0.27	0.78	-0.8	0.57	-0.79	0.08
Net Debt	0.47	0.91	0.39	0.06	0.5	0.54		0.4	-0.37	0.53	-0.27	-0.37	0.1	-0.36	0.49	0.35	0.35	0.05	0.42	0.3	0.08	0.22	-0.16	-0.06	-0.34	-0.11
Retained Earnings	0.47	0.38	0.24	0.19	0.87	0.48	0.4		-0.1	0.48	0.39	-0.09	0.32	-0.19	0.35	0.11	0.65	0.01	0.29	0.38	0.54	0.0	0.06	0.05	0.06	0.16
Cash	0.41	0.04	0.45	0.69	0.16	0.27	-0.37	-0.1		0.27	0.19	1.0	-0.16	-0.51	0.33	0.51	-0.3	0.64	0.47	0.62	0.0	0.64	-0.59	0.46	-0.54	0.46
Non Current Assets Total	0.98	0.7	0.87	0.72	0.83	1.0	0.53	0.48	0.27		0.03	0.28	0.01	-0.89	0.97	0.87	0.17	0.69	0.95	0.83	0.26	0.78	-0.8	0.57	-0.79	0.09
Non Currrent Assets Other	0.03	-0.21	-0.08	0.09	0.24	0.03	-0.27	0.39	0.19	0.03		0.19	0.28	0.07	-0.05	-0.23	0.04	-0.02	-0.05	0.02	0.48	-0.15	0.09	0.06	0.18	0.42
Cash And Short Term Investments	0.42	0.04	0.45	0.69	0.17	0.27	-0.37	-0.09	1.0	0.28	0.19		-0.14	-0.51	0.34	0.51	-0.31	0.64	0.47	0.63	0.01	0.64	-0.59	0.46	-0.54	0.46
Net Receivables	0.03	0.03	-0.27	0.11	0.14	0.01	0.1	0.32	-0.16	0.01	0.28	-0.14		0.1	0.01	-0.09	-0.29	-0.11	-0.01	0.06	0.73	-0.13	0.17	0.14	0.2	-0.14
Common Stock Shares Outstanding	-0.9	-0.61	-0.81	-0.82	-0.63	-0.89	-0.36	-0.19	-0.51	-0.89	0.07	-0.51	0.1		-0.9	-0.9	0.09	-0.91	-0.92	-0.8	-0.12	-0.87	0.95	-0.6	0.96	-0.16
Non Current Liabilities Total	0.97	0.68	0.91	0.78	0.73	0.97	0.49	0.35	0.33	0.97	-0.05	0.34	0.01	-0.9		0.92	0.11	0.73	0.98	0.86	0.2	0.84	-0.84	0.67	-0.82	0.06
Inventory	0.91	0.6	0.9	0.81	0.55	0.87	0.35	0.11	0.51	0.87	-0.23	0.51	-0.09	-0.9	0.92		-0.1	0.77	0.97	0.88	0.03	0.97	-0.91	0.65	-0.9	0.07
Other Current Assets	0.16	0.24	0.23	-0.12	0.49	0.18	0.35	0.65	-0.3	0.17	0.04	-0.31	-0.29	0.09	0.11	-0.1		-0.23	0.03	0.11	0.01	-0.19	0.26	-0.16	0.23	0.08
Other Stockholder Equity	0.71	0.33	0.65	0.88	0.41	0.69	0.05	0.01	0.64	0.69	-0.02	0.64	-0.11	-0.91	0.73	0.77	-0.23		0.75	0.65	0.09	0.77	-0.92	0.73	-0.88	0.15
Total Liab	0.98	0.66	0.93	0.83	0.69	0.95	0.42	0.29	0.47	0.95	-0.05	0.47	-0.01	-0.92	0.98	0.97	0.03	0.75		0.92	0.19	0.92	-0.88	0.66	-0.87	0.12
Total Current Assets	0.92	0.6	0.87	0.83	0.71	0.83	0.3	0.38	0.62	0.83	0.02	0.63	0.06	-0.8	0.86	0.88	0.11	0.65	0.92		0.26	0.87	-0.75	0.59	-0.73	0.26
Short Term Debt	0.27	0.08	0.0	0.31	0.43	0.27	0.08	0.54	0.0	0.26	0.48	0.01	0.73	-0.12	0.2	0.03	0.01	0.09	0.19	0.26		-0.04	-0.04	0.27	0.04	-0.17
Accounts Payable	0.85	0.52	0.88	0.83	0.44	0.78	0.22	0.0	0.64	0.78	-0.15	0.64	-0.13	-0.87	0.84	0.97	-0.19	0.77	0.92	0.87	-0.04		-0.91	0.64	-0.91	0.21
Common Stock Total Equity	-0.81	-0.43	-0.8	-0.84	-0.42	-0.8	-0.16	0.06	-0.59	-0.8	0.09	-0.59	0.17	0.95	-0.84	-0.91	0.26	-0.92	-0.88	-0.75	-0.04	-0.91		-0.68	0.96	-0.1
Property Plant And Equipment Gross	0.6	0.12	0.62	0.86	0.29	0.57	-0.06	0.05	0.46	0.57	0.06	0.46	0.14	-0.6	0.67	0.65	-0.16	0.73	0.66	0.59	0.27	0.64	-0.68		-0.57	-0.12
Common Stock	-0.8	-0.61	-0.79	-0.78	-0.42	-0.79	-0.34	0.06	-0.54	-0.79	0.18	-0.54	0.2	0.96	-0.82	-0.9	0.23	-0.88	-0.87	-0.73	0.04	-0.91	0.96	-0.57		-0.13
Current Deferred Revenue	0.15	0.09	0.14	0.15	0.21	0.08	-0.11	0.16	0.46	0.09	0.42	0.46	-0.14	-0.16	0.06	0.07	0.08	0.15	0.12	0.26	-0.17	0.21	-0.1	-0.12	-0.13

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Target Account Relationship Matchups

Target fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.2B	53.8B	53.3B	55.4B	57.8B	32.8B
Short Long Term Debt Total	14.9B	16.2B	18.8B	19.6B	5.2B	5.0B
Other Current Liab	4.3B	4.8B	4.8B	4.9B	4.7B	2.7B
Total Current Liabilities	20.1B	21.7B	19.5B	19.3B	20.8B	21.8B
Total Stockholder Equity	14.4B	12.8B	11.2B	13.4B	14.7B	10.2B
Property Plant And Equipment Net	29.1B	30.7B	34.2B	36.5B	36.8B	19.7B
Net Debt	6.4B	10.3B	16.5B	15.8B	456M	433.2M
Retained Earnings	8.8B	6.9B	5.0B	7.1B	8.1B	7.6B
Cash	8.5B	5.9B	2.2B	3.8B	4.8B	5.0B
Non Current Assets Total	30.5B	32.2B	35.5B	37.9B	38.3B	20.7B
Non Currrent Assets Other	1.4B	(1.2B)	(2.0B)	761M	899M	944.0M
Cash And Short Term Investments	8.5B	5.9B	2.2B	3.8B	4.8B	5.0B
Net Receivables	631M	1.4B	1.2B	1.4B	1.5B	2.9B
Common Stock Shares Outstanding	505.4M	492.7M	464.7M	462.8M	461.8M	647.1M
Liabilities And Stockholders Equity	51.2B	53.8B	53.3B	55.4B	57.8B	32.8B
Non Current Liabilities Total	16.7B	19.2B	22.6B	22.6B	22.3B	12.4B
Inventory	10.7B	13.9B	13.5B	11.9B	12.7B	6.6B
Other Current Assets	961M	407M	949M	403M	411M	390.5M
Other Stockholder Equity	6.3B	6.4B	6.6B	6.8B	7.0B	7.3B
Total Liab	36.8B	41.0B	42.1B	41.9B	43.1B	22.6B
Total Current Assets	20.8B	21.6B	17.8B	17.5B	19.5B	12.1B
Short Term Debt	1.4B	425M	426M	1.4B	2.0B	2.1B
Accounts Payable	12.9B	15.5B	13.5B	12.1B	13.1B	6.9B
Property Plant And Equipment Gross	29.1B	51.9B	54.1B	60.9B	63.1B	66.2B
Accumulated Other Comprehensive Income	(756M)	(553M)	(419M)	(460M)	(458M)	(480.9M)
Current Deferred Revenue	5.1B	1.2B	1.2B	1.2B	1.3B	1.5B
Intangible Assets	37M	25M	645M	8M	9.2M	8.7M
Short Term Investments	7.6B	17M	1.3B	2.9B	3.3B	1.7B
Net Tangible Assets	11.8B	13.8B	12.8B	11.2B	10.1B	10.7B
Long Term Debt	9.8B	13.5B	16.0B	14.9B	14.3B	13.7B
Retained Earnings Total Equity	6.4B	8.8B	6.9B	5.0B	4.5B	7.1B
Long Term Debt Total	11.3B	11.5B	13.5B	16.0B	18.4B	13.7B
Capital Surpluse	6.2B	6.3B	6.4B	6.6B	7.6B	5.8B
Deferred Long Term Liab	1.1B	990M	1.6B	2.2B	2.5B	1.3B
Non Current Liabilities Other	47M	1.6B	1.8B	181M	169M	160.6M
Property Plant Equipment	26.3B	29.1B	30.7B	34.2B	39.3B	30.7B

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