Acuren Total Current Assets vs Net Debt Analysis
| TIC Stock | 9.73 0.07 0.71% |
Acuren financial indicator trend analysis is way more than just evaluating Acuren prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acuren is a good investment. Please check the relationship between Acuren Total Current Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Acuren. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For information on how to trade Acuren Stock refer to our How to Trade Acuren Stock guide.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acuren Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Acuren's Total Current Assets and Net Debt is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Acuren, assuming nothing else is changed. The correlation between historical values of Acuren's Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Acuren are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Acuren's Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Acuren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acuren 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 Acuren. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For information on how to trade Acuren Stock refer to our How to Trade Acuren Stock guide.At present, Acuren's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 21.76, whereas Tax Provision is projected to grow to (1.7 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 94.8M | 8.5M | 7.6M | 7.3M | Interest Income | 1.2M | 70.4M | 81.0M | 85.1M |
Acuren fundamental ratios Correlations
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Acuren Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Acuren offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuren'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 Acuren Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuren Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Acuren. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For information on how to trade Acuren Stock refer to our How to Trade Acuren Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Research & Consulting 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 Acuren. If investors know Acuren 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 Acuren listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Acuren is measured differently than its book value, which is the value of Acuren that is recorded on the company's balance sheet. Investors also form their own opinion of Acuren's value that differs from its market value or its book value, called intrinsic value, which is Acuren'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 Acuren's market value can be influenced by many factors that don't directly affect Acuren'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 Acuren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuren'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.