Trupanion Treasury Stock 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 Treasury Stock 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.

Treasury Stock vs Total Assets

Treasury Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trupanion Treasury Stock account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Trupanion's Treasury Stock and Total Assets is -0.96. Overlapping area represents the amount of variation of Treasury Stock 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 Treasury Stock 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 Treasury Stock 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 Treasury Stock i.e., Trupanion's Treasury Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Treasury Stock

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 Expense10K4.3M12.1M12.7M
Depreciation And Amortization12.0M10.9M12.5M13.1M

Trupanion fundamental ratios Correlations

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0.660.960.990.990.850.980.940.99-0.36-0.940.990.90.990.990.950.990.980.880.650.990.980.950.951.0-0.96
0.480.960.960.960.710.930.850.96-0.3-0.90.940.930.920.951.00.940.960.730.780.950.890.970.920.96-0.86
0.660.990.960.990.820.970.930.98-0.31-0.960.990.890.980.990.960.970.980.860.660.990.970.960.960.99-0.94
0.610.990.960.990.790.970.911.0-0.24-0.960.990.870.970.990.960.961.00.850.721.00.950.980.940.99-0.94
0.820.850.710.820.790.840.850.77-0.65-0.750.850.790.880.830.710.880.770.940.20.820.920.670.770.84-0.87
0.650.980.930.970.970.840.90.97-0.39-0.930.970.90.970.970.930.970.960.850.610.970.960.930.920.98-0.93
0.710.940.850.930.910.850.90.9-0.33-0.880.920.810.970.940.850.920.890.870.530.940.940.860.970.92-0.96
0.60.990.960.981.00.770.970.9-0.22-0.960.990.860.960.990.960.951.00.840.730.990.940.980.940.99-0.93
-0.48-0.36-0.3-0.31-0.24-0.65-0.39-0.33-0.220.18-0.33-0.59-0.38-0.29-0.3-0.49-0.21-0.370.32-0.27-0.48-0.1-0.26-0.350.28
-0.71-0.94-0.9-0.96-0.96-0.75-0.93-0.88-0.960.18-0.95-0.83-0.91-0.93-0.89-0.92-0.96-0.82-0.67-0.96-0.93-0.94-0.92-0.950.89
0.670.990.940.990.990.850.970.920.99-0.33-0.950.870.980.990.940.970.980.890.630.990.970.950.930.99-0.95
0.60.90.930.890.870.790.90.810.86-0.59-0.830.870.880.860.930.950.850.690.550.860.90.830.860.91-0.79
0.680.990.920.980.970.880.970.970.96-0.38-0.910.980.880.990.920.970.960.90.590.980.980.920.960.98-0.97
0.620.990.950.990.990.830.970.940.99-0.29-0.930.990.860.990.950.960.990.880.670.990.960.960.950.99-0.97
0.480.951.00.960.960.710.930.850.96-0.3-0.890.940.930.920.950.940.960.730.780.950.890.970.920.96-0.86
0.70.990.940.970.960.880.970.920.95-0.49-0.920.970.950.970.960.940.950.860.560.960.990.910.930.99-0.93
0.590.980.960.981.00.770.960.891.0-0.21-0.960.980.850.960.990.960.950.840.740.990.930.990.930.99-0.93
0.780.880.730.860.850.940.850.870.84-0.37-0.820.890.690.90.880.730.860.840.350.870.90.760.790.86-0.93
0.030.650.780.660.720.20.610.530.730.32-0.670.630.550.590.670.780.560.740.350.670.480.840.680.66-0.58
0.650.990.950.991.00.820.970.940.99-0.27-0.960.990.860.980.990.950.960.990.870.670.960.970.960.99-0.94
0.780.980.890.970.950.920.960.940.94-0.48-0.930.970.90.980.960.890.990.930.90.480.960.870.930.97-0.94
0.490.950.970.960.980.670.930.860.98-0.1-0.940.950.830.920.960.970.910.990.760.840.970.870.930.96-0.89
0.640.950.920.960.940.770.920.970.94-0.26-0.920.930.860.960.950.920.930.930.790.680.960.930.930.94-0.93
0.651.00.960.990.990.840.980.920.99-0.35-0.950.990.910.980.990.960.990.990.860.660.990.970.960.94-0.94
-0.7-0.96-0.86-0.94-0.94-0.87-0.93-0.96-0.930.280.89-0.95-0.79-0.97-0.97-0.86-0.93-0.93-0.93-0.58-0.94-0.94-0.89-0.93-0.94
Click cells to compare fundamentals

Trupanion Account Relationship Matchups

Trupanion fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding34.6M35.9M40.1M40.8M41.4M28.3M
Total Assets257.2M498.3M562.6M671.6M782.9M822.1M
Short Long Term Debt Total9.3M12.9M26.1M69.5M128.9M135.4M
Other Current Liab35.0M51.8M67.8M76.4M97.3M102.2M
Total Current Liabilities91.6M150.4M223.7M289.6M344.5M361.7M
Total Stockholder Equity136.8M339.9M332.2M305.3M303.7M154.4M
Other Liab2.7M7.2M6.7M8.4M9.6M10.1M
Property Plant And Equipment Net70.4M72.6M78.0M90.7M103.7M108.8M
Current Deferred Revenue52.5M92.5M146.9M202.7M235.3M247.1M
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 Payable4.1M6.1M9.0M9.5M10.5M11.0M
Cash29.2M139.9M87.4M65.6M147.5M154.9M
Non Current Assets Total98.4M161.2M171.6M202.5M220.9M231.9M
Non Currrent Assets Other16.0M22.9M31.2M38.0M41.9M44.0M
Long Term Debt9.3M12.9M26.1M68.4M127.6M134.0M
Cash And Short Term Investments98.9M229.7M213.4M222.4M277.2M291.0M
Net Receivables54.4M99.1M165.2M232.4M267.9M281.3M
Short Term Investments69.7M89.9M126.0M156.8M129.7M70.4M
Liabilities And Stockholders Equity257.2M498.3M562.6M671.6M782.9M822.1M
Non Current Liabilities Total28.8M7.9M6.7M76.7M134.8M141.5M
Other Current Assets5.5M8.2M12.3M14.2M17.0M17.9M
Other Stockholder Equity222.0M428.2M456.0M483.2M519.6M545.6M
Total Liab120.4M158.3M230.4M366.3M479.2M503.2M
Property Plant And Equipment Gross70.4M72.6M78.0M90.7M145.7M153.0M
Total Current Assets158.8M337.0M391.0M469.1M562.1M590.2M
Accumulated Other Comprehensive Income250K3.1M3.1M(6.3M)403K423.2K
Treasury Stock(6.2M)(10.7M)(10.8M)(16.5M)(14.9M)(14.1M)
Intangible Assets7.7M27.1M22.7M24.0M18.7M12.6M
Property Plant Equipment70.4M72.6M78.0M90.7M104.3M109.5M
Other Assets16.0M28.4M31.2M38.0M1.00.95
Net Tangible Assets129.0M339.9M276.8M305.3M351.1M368.6M
Retained Earnings Total Equity(85.5M)(91.4M)(126.9M)(171.6M)(154.4M)(146.7M)
Long Term Investments4.3M5.6M7.1M7.8M12.9M13.5M
Capital Surpluse232.7M439.0M466.8M499.7M574.6M308.7M
Non Current Liabilities Other1.6M3.2M3.9M5.0M4.5M2.7M

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

  0.73AGO Assured GuarantyPairCorr
  0.61AXS AXIS Capital HoldingsPairCorr

Moving against Trupanion Stock

  0.51PPHI Positive PhysiciansPairCorr
  0.49NMIH NMI HoldingsPairCorr
  0.48ESNT Essent GroupPairCorr
  0.35ACT Enact HoldingsPairCorr
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 CorrelationCorrelation 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.