Trade Non Currrent Assets Other vs Retained Earnings Analysis

TTD Stock  USD 118.15  7.73  6.14%   
Trade Desk financial indicator trend analysis is much more than just breaking down Trade Desk prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trade Desk is a good investment. Please check the relationship between Trade Desk Non Currrent Assets Other and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trade Desk Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Trade Desk's Non Currrent Assets Other and Retained Earnings is 0.82. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Trade Desk, assuming nothing else is changed. The correlation between historical values of Trade Desk's Non Currrent Assets Other and Retained Earnings 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 Currrent Assets Other of Trade Desk are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Trade Desk's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Trade Desk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trade Desk 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 Trade Desk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.At present, Trade Desk's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M12.8M68.5M71.9M
Depreciation And Amortization82.5M54.4M80.4M84.4M

Trade Desk fundamental ratios Correlations

0.820.871.01.00.940.990.87-0.43-0.920.771.00.980.980.860.990.330.991.00.210.83-0.060.60.971.00.98
0.820.890.820.790.670.760.920.03-0.670.890.820.780.860.920.810.410.760.820.250.910.20.780.670.840.83
0.870.890.890.840.80.840.87-0.19-0.760.710.890.820.860.950.840.380.810.890.080.82-0.090.60.80.890.85
1.00.820.890.990.940.990.86-0.43-0.910.751.00.970.980.870.990.350.981.00.190.82-0.090.610.971.00.98
1.00.790.840.990.951.00.86-0.44-0.950.760.990.990.970.840.990.321.00.990.220.8-0.050.550.980.990.97
0.940.670.80.940.950.960.72-0.55-0.890.580.940.910.890.70.910.330.940.950.190.66-0.10.310.970.930.9
0.990.760.840.991.00.960.83-0.5-0.940.720.990.980.960.820.990.320.990.990.220.78-0.060.530.990.980.97
0.870.920.870.860.860.720.83-0.09-0.730.910.860.850.930.910.870.240.840.860.240.990.060.780.750.880.9
-0.430.03-0.19-0.43-0.44-0.55-0.5-0.090.40.16-0.43-0.37-0.36-0.14-0.450.06-0.44-0.43-0.28-0.040.020.1-0.59-0.41-0.44
-0.92-0.67-0.76-0.91-0.95-0.89-0.94-0.730.4-0.7-0.91-0.97-0.85-0.75-0.92-0.25-0.96-0.91-0.13-0.640.14-0.43-0.93-0.9-0.84
0.770.890.710.750.760.580.720.910.16-0.70.750.80.830.820.780.20.760.740.250.90.090.80.610.770.76
1.00.820.891.00.990.940.990.86-0.43-0.910.750.960.980.870.990.350.971.00.190.82-0.090.60.971.00.98
0.980.780.820.970.990.910.980.85-0.37-0.970.80.960.950.830.980.290.990.960.180.78-0.080.570.950.960.93
0.980.860.860.980.970.890.960.93-0.36-0.850.830.980.950.880.980.310.960.980.260.910.00.690.920.990.99
0.860.920.950.870.840.70.820.91-0.14-0.750.820.870.830.880.860.280.810.870.180.88-0.040.770.760.880.86
0.990.810.840.990.990.910.990.87-0.45-0.920.780.990.980.980.860.310.990.980.260.83-0.020.640.960.990.98
0.330.410.380.350.320.330.320.240.06-0.250.20.350.290.310.280.310.30.36-0.010.30.370.160.330.350.32
0.990.760.810.981.00.940.990.84-0.44-0.960.760.970.990.960.810.990.30.970.210.78-0.060.540.970.970.95
1.00.820.891.00.990.950.990.86-0.43-0.910.741.00.960.980.870.980.360.970.20.82-0.080.580.971.00.98
0.210.250.080.190.220.190.220.24-0.28-0.130.250.190.180.260.180.26-0.010.210.20.240.630.180.180.20.25
0.830.910.820.820.80.660.780.99-0.04-0.640.90.820.780.910.880.830.30.780.820.240.10.810.690.840.88
-0.060.2-0.09-0.09-0.05-0.1-0.060.060.020.140.09-0.09-0.080.0-0.04-0.020.37-0.06-0.080.630.10.05-0.1-0.070.0
0.60.780.60.610.550.310.530.780.1-0.430.80.60.570.690.770.640.160.540.580.180.810.050.420.630.65
0.970.670.80.970.980.970.990.75-0.59-0.930.610.970.950.920.760.960.330.970.970.180.69-0.10.420.960.94
1.00.840.891.00.990.930.980.88-0.41-0.90.771.00.960.990.880.990.350.971.00.20.84-0.070.630.960.99
0.980.830.850.980.970.90.970.9-0.44-0.840.760.980.930.990.860.980.320.950.980.250.880.00.650.940.99
Click cells to compare fundamentals

Trade Desk Account Relationship Matchups

Trade Desk fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.8B3.6B4.4B4.9B5.1B
Other Current Liab47.2M50.5M55.3M53.0M82.5M44.5M
Total Current Liabilities930.4M1.5B1.8B2.0B2.5B2.6B
Total Stockholder Equity612.5M1.0B1.5B2.1B2.2B2.3B
Other Liab11.0M11.3M8.3M27.5M31.6M33.2M
Net Tangible Assets603.4M1.0B1.5B2.1B2.4B2.6B
Property Plant And Equipment Net237.5M364.0M369.9M394.2M359.2M197.9M
Net Debt58.6M(144.9M)(469.6M)(769.5M)(659.2M)(626.3M)
Retained Earnings232.4M474.4M612.1M665.5M197.0M256.6M
Accounts Payable868.6M1.3B1.7B1.9B2.3B2.4B
Cash130.9M437.4M754.2M1.0B895.1M939.9M
Non Current Assets Total279.5M443.3M485.7M535.1M574.7M603.5M
Non Currrent Assets Other23.1M29.2M47.5M28.3M43.8M22.9M
Other Assets33.0M79.3M115.7M122.4M140.7M147.8M
Cash And Short Term Investments255.0M624.0M958.8M1.4B1.4B1.4B
Net Receivables1.2B1.6B2.0B2.3B2.9B3.0B
Common Stock Shares Outstanding478.1M489.9M498.5M499.9M500.2M499.8M
Liabilities And Stockholders Equity1.7B2.8B3.6B4.4B4.9B5.1B
Non Current Liabilities Total185.9M265.8M246.7M236.0M213.6M141.9M
Other Current Assets27.9M204.3M224.3M51.8M63.4M66.8M
Other Stockholder Equity380.1M538.8M915.2M1.4B2.0B2.1B
Total Liab1.1B1.7B2.1B2.3B2.7B2.9B
Property Plant And Equipment Gross237.5M364.0M369.9M394.2M517.7M543.6M
Total Current Assets1.4B2.3B3.1B3.8B4.3B4.5B
Intangible Assets9.1M11.5M14.3M18.5M16.9M9.7M
Property Plant Equipment237.5M115.9M369.9M173.8M199.8M118.5M
Capital Surpluse380.1M538.8M915.2M1.4B1.7B1.8B
Retained Earnings Total Equity232.4M474.4M612.1M665.5M765.3M803.6M
Non Current Liabilities Other11.0M265.8M246.7M27.5M33.3M31.6M
Net Invested Capital612.5M1.0B1.5B2.1B2.2B1.3B
Net Working Capital518.8M835.6M1.3B1.8B1.8B1.1B

Also Currently Popular

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 Trade Desk is a strong investment it is important to analyze Trade Desk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trade Desk's future performance. For an informed investment choice regarding Trade Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Application Software 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 Trade Desk. If investors know Trade 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 Trade Desk 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
1.375
Earnings Share
0.61
Revenue Per Share
4.716
Quarterly Revenue Growth
0.273
Return On Assets
0.0469
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk'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 Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk'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 Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk'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.