Trupanion Accounts Payable vs Total Assets Analysis

TRUP Stock

USD 52.96 2.25 4.44%

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

To learn how to invest in Trupanion Stock, please use our How to Invest in Trupanion guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trupanion Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Trupanion's Accounts Payable and Total Assets is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Trupanion, assuming nothing else is changed. The correlation between historical values of Trupanion's Accounts Payable and Total 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 Accounts Payable of Trupanion are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Trupanion's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Trupanion obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Trupanion are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Trupanion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Trupanion books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

To learn how to invest in Trupanion Stock, please use our How to Invest in Trupanion guide.At this time, Trupanion's Selling General Administrative is relatively stable compared to the past year. As of 11/19/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, though Tax Provision is likely to grow to (462.6 K).

	2021	2022	2023	2024 (projected)
Interest Expense	10K	4.3M	12.1M	12.7M
Depreciation And Amortization	12.0M	10.9M	12.5M	13.1M

Interest Expense Depreciation And Amortization

Trupanion fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Treasury Stock
Common Stock Shares Outstanding		0.66	0.48	0.66	0.61	0.82	0.65	0.71	0.6	-0.48	-0.71	0.67	0.6	0.68	0.62	0.48	0.7	0.59	0.78	0.03	0.65	0.78	0.49	0.64	0.65	-0.7
Total Assets	0.66		0.96	0.99	0.99	0.85	0.98	0.94	0.99	-0.36	-0.94	0.99	0.9	0.99	0.99	0.95	0.99	0.98	0.88	0.65	0.99	0.98	0.95	0.95	1.0	-0.96
Short Long Term Debt Total	0.48	0.96		0.96	0.96	0.71	0.93	0.85	0.96	-0.3	-0.9	0.94	0.93	0.92	0.95	1.0	0.94	0.96	0.73	0.78	0.95	0.89	0.97	0.92	0.96	-0.86
Other Current Liab	0.66	0.99	0.96		0.99	0.82	0.97	0.93	0.98	-0.31	-0.96	0.99	0.89	0.98	0.99	0.96	0.97	0.98	0.86	0.66	0.99	0.97	0.96	0.96	0.99	-0.94
Total Current Liabilities	0.61	0.99	0.96	0.99		0.79	0.97	0.91	1.0	-0.24	-0.96	0.99	0.87	0.97	0.99	0.96	0.96	1.0	0.85	0.72	1.0	0.95	0.98	0.94	0.99	-0.94
Total Stockholder Equity	0.82	0.85	0.71	0.82	0.79		0.84	0.85	0.77	-0.65	-0.75	0.85	0.79	0.88	0.83	0.71	0.88	0.77	0.94	0.2	0.82	0.92	0.67	0.77	0.84	-0.87
Other Liab	0.65	0.98	0.93	0.97	0.97	0.84		0.9	0.97	-0.39	-0.93	0.97	0.9	0.97	0.97	0.93	0.97	0.96	0.85	0.61	0.97	0.96	0.93	0.92	0.98	-0.93
Property Plant And Equipment Net	0.71	0.94	0.85	0.93	0.91	0.85	0.9		0.9	-0.33	-0.88	0.92	0.81	0.97	0.94	0.85	0.92	0.89	0.87	0.53	0.94	0.94	0.86	0.97	0.92	-0.96
Current Deferred Revenue	0.6	0.99	0.96	0.98	1.0	0.77	0.97	0.9		-0.22	-0.96	0.99	0.86	0.96	0.99	0.96	0.95	1.0	0.84	0.73	0.99	0.94	0.98	0.94	0.99	-0.93
Net Debt	-0.48	-0.36	-0.3	-0.31	-0.24	-0.65	-0.39	-0.33	-0.22		0.18	-0.33	-0.59	-0.38	-0.29	-0.3	-0.49	-0.21	-0.37	0.32	-0.27	-0.48	-0.1	-0.26	-0.35	0.28
Retained Earnings	-0.71	-0.94	-0.9	-0.96	-0.96	-0.75	-0.93	-0.88	-0.96	0.18		-0.95	-0.83	-0.91	-0.93	-0.89	-0.92	-0.96	-0.82	-0.67	-0.96	-0.93	-0.94	-0.92	-0.95	0.89
Accounts Payable	0.67	0.99	0.94	0.99	0.99	0.85	0.97	0.92	0.99	-0.33	-0.95		0.87	0.98	0.99	0.94	0.97	0.98	0.89	0.63	0.99	0.97	0.95	0.93	0.99	-0.95
Cash	0.6	0.9	0.93	0.89	0.87	0.79	0.9	0.81	0.86	-0.59	-0.83	0.87		0.88	0.86	0.93	0.95	0.85	0.69	0.55	0.86	0.9	0.83	0.86	0.91	-0.79
Non Current Assets Total	0.68	0.99	0.92	0.98	0.97	0.88	0.97	0.97	0.96	-0.38	-0.91	0.98	0.88		0.99	0.92	0.97	0.96	0.9	0.59	0.98	0.98	0.92	0.96	0.98	-0.97
Non Currrent Assets Other	0.62	0.99	0.95	0.99	0.99	0.83	0.97	0.94	0.99	-0.29	-0.93	0.99	0.86	0.99		0.95	0.96	0.99	0.88	0.67	0.99	0.96	0.96	0.95	0.99	-0.97
Long Term Debt	0.48	0.95	1.0	0.96	0.96	0.71	0.93	0.85	0.96	-0.3	-0.89	0.94	0.93	0.92	0.95		0.94	0.96	0.73	0.78	0.95	0.89	0.97	0.92	0.96	-0.86
Cash And Short Term Investments	0.7	0.99	0.94	0.97	0.96	0.88	0.97	0.92	0.95	-0.49	-0.92	0.97	0.95	0.97	0.96	0.94		0.95	0.86	0.56	0.96	0.99	0.91	0.93	0.99	-0.93
Net Receivables	0.59	0.98	0.96	0.98	1.0	0.77	0.96	0.89	1.0	-0.21	-0.96	0.98	0.85	0.96	0.99	0.96	0.95		0.84	0.74	0.99	0.93	0.99	0.93	0.99	-0.93
Short Term Investments	0.78	0.88	0.73	0.86	0.85	0.94	0.85	0.87	0.84	-0.37	-0.82	0.89	0.69	0.9	0.88	0.73	0.86	0.84		0.35	0.87	0.9	0.76	0.79	0.86	-0.93
Non Current Liabilities Total	0.03	0.65	0.78	0.66	0.72	0.2	0.61	0.53	0.73	0.32	-0.67	0.63	0.55	0.59	0.67	0.78	0.56	0.74	0.35		0.67	0.48	0.84	0.68	0.66	-0.58
Other Current Assets	0.65	0.99	0.95	0.99	1.0	0.82	0.97	0.94	0.99	-0.27	-0.96	0.99	0.86	0.98	0.99	0.95	0.96	0.99	0.87	0.67		0.96	0.97	0.96	0.99	-0.94
Other Stockholder Equity	0.78	0.98	0.89	0.97	0.95	0.92	0.96	0.94	0.94	-0.48	-0.93	0.97	0.9	0.98	0.96	0.89	0.99	0.93	0.9	0.48	0.96		0.87	0.93	0.97	-0.94
Total Liab	0.49	0.95	0.97	0.96	0.98	0.67	0.93	0.86	0.98	-0.1	-0.94	0.95	0.83	0.92	0.96	0.97	0.91	0.99	0.76	0.84	0.97	0.87		0.93	0.96	-0.89
Property Plant And Equipment Gross	0.64	0.95	0.92	0.96	0.94	0.77	0.92	0.97	0.94	-0.26	-0.92	0.93	0.86	0.96	0.95	0.92	0.93	0.93	0.79	0.68	0.96	0.93	0.93		0.94	-0.93
Total Current Assets	0.65	1.0	0.96	0.99	0.99	0.84	0.98	0.92	0.99	-0.35	-0.95	0.99	0.91	0.98	0.99	0.96	0.99	0.99	0.86	0.66	0.99	0.97	0.96	0.94		-0.94
Treasury Stock	-0.7	-0.96	-0.86	-0.94	-0.94	-0.87	-0.93	-0.96	-0.93	0.28	0.89	-0.95	-0.79	-0.97	-0.97	-0.86	-0.93	-0.93	-0.93	-0.58	-0.94	-0.94	-0.89	-0.93	-0.94

Click cells to compare fundamentals

Trupanion Account Relationship Matchups

Trupanion fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	34.6M	35.9M	40.1M	40.8M	41.4M	28.3M
Total Assets	257.2M	498.3M	562.6M	671.6M	782.9M	822.1M
Short Long Term Debt Total	9.3M	12.9M	26.1M	69.5M	128.9M	135.4M
Other Current Liab	35.0M	51.8M	67.8M	76.4M	97.3M	102.2M
Total Current Liabilities	91.6M	150.4M	223.7M	289.6M	344.5M	361.7M
Total Stockholder Equity	136.8M	339.9M	332.2M	305.3M	303.7M	154.4M
Other Liab	2.7M	7.2M	6.7M	8.4M	9.6M	10.1M
Property Plant And Equipment Net	70.4M	72.6M	78.0M	90.7M	103.7M	108.8M
Current Deferred Revenue	52.5M	92.5M	146.9M	202.7M	235.3M	247.1M
Net Debt	(3.1M)	(139.9M)	(87.4M)	3.9M	(18.6M)	(19.5M)
Retained Earnings	(85.5M)	(91.4M)	(126.9M)	(171.6M)	(216.3M)	(205.4M)
Accounts Payable	4.1M	6.1M	9.0M	9.5M	10.5M	11.0M
Cash	29.2M	139.9M	87.4M	65.6M	147.5M	154.9M
Non Current Assets Total	98.4M	161.2M	171.6M	202.5M	220.9M	231.9M
Non Currrent Assets Other	16.0M	22.9M	31.2M	38.0M	41.9M	44.0M
Long Term Debt	9.3M	12.9M	26.1M	68.4M	127.6M	134.0M
Cash And Short Term Investments	98.9M	229.7M	213.4M	222.4M	277.2M	291.0M
Net Receivables	54.4M	99.1M	165.2M	232.4M	267.9M	281.3M
Short Term Investments	69.7M	89.9M	126.0M	156.8M	129.7M	70.4M
Liabilities And Stockholders Equity	257.2M	498.3M	562.6M	671.6M	782.9M	822.1M
Non Current Liabilities Total	28.8M	7.9M	6.7M	76.7M	134.8M	141.5M
Other Current Assets	5.5M	8.2M	12.3M	14.2M	17.0M	17.9M
Other Stockholder Equity	222.0M	428.2M	456.0M	483.2M	519.6M	545.6M
Total Liab	120.4M	158.3M	230.4M	366.3M	479.2M	503.2M
Property Plant And Equipment Gross	70.4M	72.6M	78.0M	90.7M	145.7M	153.0M
Total Current Assets	158.8M	337.0M	391.0M	469.1M	562.1M	590.2M
Accumulated Other Comprehensive Income	250K	3.1M	3.1M	(6.3M)	403K	423.2K
Treasury Stock	(6.2M)	(10.7M)	(10.8M)	(16.5M)	(14.9M)	(14.1M)
Intangible Assets	7.7M	27.1M	22.7M	24.0M	18.7M	12.6M
Property Plant Equipment	70.4M	72.6M	78.0M	90.7M	104.3M	109.5M
Other Assets	16.0M	28.4M	31.2M	38.0M	1.0	0.95
Net Tangible Assets	129.0M	339.9M	276.8M	305.3M	351.1M	368.6M
Retained Earnings Total Equity	(85.5M)	(91.4M)	(126.9M)	(171.6M)	(154.4M)	(146.7M)
Long Term Investments	4.3M	5.6M	7.1M	7.8M	12.9M	13.5M
Capital Surpluse	232.7M	439.0M	466.8M	499.7M	574.6M	308.7M
Non Current Liabilities Other	1.6M	3.2M	3.9M	5.0M	4.5M	2.7M

Pair Trading with Trupanion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trupanion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trupanion will appreciate offsetting losses from the drop in the long position's value.

Moving together with Trupanion Stock

0.73	AGO	Assured Guaranty	Pair Corr
0.61	AXS	AXIS Capital Holdings	Pair Corr

Moving against Trupanion Stock

0.51	PPHI	Positive Physicians	Pair Corr
0.49	NMIH	NMI Holdings	Pair Corr
0.48	ESNT	Essent Group	Pair Corr
0.35	ACT	Enact Holdings	Pair Corr

The ability to find closely correlated positions to Trupanion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trupanion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trupanion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trupanion to buy it.

The correlation of Trupanion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trupanion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trupanion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Trupanion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Trupanion Stock Analysis

When running Trupanion's price analysis, check to measure Trupanion'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 Trupanion is operating at the current time. Most of Trupanion's value examination focuses on studying past and present price action to predict the probability of Trupanion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trupanion's price. Additionally, you may evaluate how the addition of Trupanion to your portfolios can decrease your overall portfolio volatility.

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