Thoughtworks Long Term Debt Total vs Common Stock Analysis
TWKS Stock | USD 4.47 0.02 0.45% |
Thoughtworks Holding financial indicator trend analysis is much more than just breaking down Thoughtworks Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thoughtworks Holding is a good investment. Please check the relationship between Thoughtworks Holding Long Term Debt Total and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thoughtworks Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Thoughtworks Stock please use our How to Invest in Thoughtworks Holding guide.
Long Term Debt Total vs Common Stock
Long Term Debt Total vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thoughtworks Holding Long Term Debt Total account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Thoughtworks Holding's Long Term Debt Total and Common Stock is -0.48. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Thoughtworks Holding, assuming nothing else is changed. The correlation between historical values of Thoughtworks Holding's Long Term Debt Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Thoughtworks Holding are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt Total i.e., Thoughtworks Holding's Long Term Debt Total and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt Total
Common Stock
Most indicators from Thoughtworks Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thoughtworks Holding 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 Thoughtworks Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Thoughtworks Stock please use our How to Invest in Thoughtworks Holding guide.Tax Provision is likely to drop to about 23.9 M in 2024. Selling General Administrative is likely to drop to about 314.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 25.5M | 22.5M | 26.2M | 20.2M | Depreciation And Amortization | 29.5M | 53.0M | 36.5M | 37.2M |
Thoughtworks Holding fundamental ratios Correlations
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Thoughtworks Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Thoughtworks Stock Analysis
When running Thoughtworks Holding's price analysis, check to measure Thoughtworks Holding'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 Thoughtworks Holding is operating at the current time. Most of Thoughtworks Holding's value examination focuses on studying past and present price action to predict the probability of Thoughtworks Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thoughtworks Holding's price. Additionally, you may evaluate how the addition of Thoughtworks Holding to your portfolios can decrease your overall portfolio volatility.