Trade Other Stockholder Equity vs Other Current Assets 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 Other Stockholder Equity and its Other Current Assets 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.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trade Desk Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Trade Desk's Other Stockholder Equity and Other Current Assets is 0.42. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets 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 Other Stockholder Equity and Other Current 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 Other Stockholder Equity of Trade Desk are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Trade Desk's Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expense | 1.0M | 12.8M | 68.5M | 71.9M | Depreciation And Amortization | 82.5M | 54.4M | 80.4M | 84.4M |
Trade Desk fundamental ratios Correlations
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Trade Desk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trade Desk fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.8B | 3.6B | 4.4B | 4.9B | 5.1B | |
Other Current Liab | 47.2M | 50.5M | 55.3M | 53.0M | 82.5M | 44.5M | |
Total Current Liabilities | 930.4M | 1.5B | 1.8B | 2.0B | 2.5B | 2.6B | |
Total Stockholder Equity | 612.5M | 1.0B | 1.5B | 2.1B | 2.2B | 2.3B | |
Other Liab | 11.0M | 11.3M | 8.3M | 27.5M | 31.6M | 33.2M | |
Net Tangible Assets | 603.4M | 1.0B | 1.5B | 2.1B | 2.4B | 2.6B | |
Property Plant And Equipment Net | 237.5M | 364.0M | 369.9M | 394.2M | 359.2M | 197.9M | |
Net Debt | 58.6M | (144.9M) | (469.6M) | (769.5M) | (659.2M) | (626.3M) | |
Retained Earnings | 232.4M | 474.4M | 612.1M | 665.5M | 197.0M | 256.6M | |
Accounts Payable | 868.6M | 1.3B | 1.7B | 1.9B | 2.3B | 2.4B | |
Cash | 130.9M | 437.4M | 754.2M | 1.0B | 895.1M | 939.9M | |
Non Current Assets Total | 279.5M | 443.3M | 485.7M | 535.1M | 574.7M | 603.5M | |
Non Currrent Assets Other | 23.1M | 29.2M | 47.5M | 28.3M | 43.8M | 22.9M | |
Other Assets | 33.0M | 79.3M | 115.7M | 122.4M | 140.7M | 147.8M | |
Cash And Short Term Investments | 255.0M | 624.0M | 958.8M | 1.4B | 1.4B | 1.4B | |
Net Receivables | 1.2B | 1.6B | 2.0B | 2.3B | 2.9B | 3.0B | |
Common Stock Shares Outstanding | 478.1M | 489.9M | 498.5M | 499.9M | 500.2M | 499.8M | |
Liabilities And Stockholders Equity | 1.7B | 2.8B | 3.6B | 4.4B | 4.9B | 5.1B | |
Non Current Liabilities Total | 185.9M | 265.8M | 246.7M | 236.0M | 213.6M | 141.9M | |
Other Current Assets | 27.9M | 204.3M | 224.3M | 51.8M | 63.4M | 66.8M | |
Other Stockholder Equity | 380.1M | 538.8M | 915.2M | 1.4B | 2.0B | 2.1B | |
Total Liab | 1.1B | 1.7B | 2.1B | 2.3B | 2.7B | 2.9B | |
Property Plant And Equipment Gross | 237.5M | 364.0M | 369.9M | 394.2M | 517.7M | 543.6M | |
Total Current Assets | 1.4B | 2.3B | 3.1B | 3.8B | 4.3B | 4.5B | |
Intangible Assets | 9.1M | 11.5M | 14.3M | 18.5M | 16.9M | 9.7M | |
Property Plant Equipment | 237.5M | 115.9M | 369.9M | 173.8M | 199.8M | 118.5M | |
Capital Surpluse | 380.1M | 538.8M | 915.2M | 1.4B | 1.7B | 1.8B | |
Retained Earnings Total Equity | 232.4M | 474.4M | 612.1M | 665.5M | 765.3M | 803.6M | |
Non Current Liabilities Other | 11.0M | 265.8M | 246.7M | 27.5M | 33.3M | 31.6M | |
Net Invested Capital | 612.5M | 1.0B | 1.5B | 2.1B | 2.2B | 1.3B | |
Net Working Capital | 518.8M | 835.6M | 1.3B | 1.8B | 1.8B | 1.1B |
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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 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.