Travelzoo Property Plant Equipment vs Property Plant And Equipment Gross Analysis
TZOO Stock | USD 17.35 0.03 0.17% |
Travelzoo financial indicator trend analysis is much more than just breaking down Travelzoo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Travelzoo is a good investment. Please check the relationship between Travelzoo Property Plant Equipment and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Travelzoo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Travelzoo Stock, please use our How to Invest in Travelzoo guide.
Property Plant Equipment vs Property Plant And Equipment Gross
Property Plant Equipment vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Travelzoo Property Plant Equipment account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Travelzoo's Property Plant Equipment and Property Plant And Equipment Gross is 0.74. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Travelzoo, assuming nothing else is changed. The correlation between historical values of Travelzoo's Property Plant Equipment and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Travelzoo are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Property Plant Equipment i.e., Travelzoo's Property Plant Equipment and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Property Plant And Equipment Gross
Most indicators from Travelzoo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Travelzoo 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 Travelzoo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Travelzoo Stock, please use our How to Invest in Travelzoo guide.As of the 7th of November 2024, Tax Provision is likely to grow to about 4.8 M, while Selling General Administrative is likely to drop about 17.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51.7M | 60.6M | 73.5M | 77.5M | Total Revenue | 63.2M | 70.6M | 84.5M | 85.9M |
Travelzoo fundamental ratios Correlations
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Travelzoo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Travelzoo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.9M | 102.4M | 100.1M | 67.3M | 58.3M | 55.4M | |
Total Stockholder Equity | 11.3M | 1.9M | (4.0M) | 4.3M | 5.9M | 5.6M | |
Net Debt | (6.0M) | (45.0M) | (31.5M) | (7.4M) | (6.5M) | (6.8M) | |
Cash | 19.5M | 63.1M | 43.8M | 18.7M | 15.7M | 28.4M | |
Other Assets | 4.1M | 15.5M | 11.9M | 9.0M | 1.0 | 0.95 | |
Cash And Short Term Investments | 19.5M | 63.1M | 43.8M | 18.7M | 15.7M | 29.7M | |
Common Stock Shares Outstanding | 12.0M | 11.3M | 13.0M | 12.6M | 15.0M | 12.5M | |
Liabilities And Stockholders Equity | 54.9M | 102.4M | 100.1M | 67.3M | 58.3M | 55.4M | |
Other Stockholder Equity | (3.5M) | 6.2M | (1.1M) | 1.9M | 439K | 417.1K | |
Total Liab | 43.7M | 95.9M | 99.5M | 58.4M | 47.6M | 33.7M | |
Total Current Assets | 36.1M | 70.0M | 65.5M | 35.6M | 30.8M | 44.5M | |
Other Current Liab | 8.4M | 66.8M | 79.1M | 38.1M | 4.4M | 4.2M | |
Total Current Liabilities | 35.0M | 82.9M | 88.0M | 47.5M | 34.2M | 30.8M | |
Retained Earnings | 14.6M | (406K) | 764K | 7.1M | 19.5M | 22.0M | |
Accounts Payable | 20.4M | 7.0M | 4.0M | 4.3M | 25.2M | 12.9M | |
Other Current Assets | 2.5M | 1.2M | 2.9M | 140K | 2.1M | 1.4M | |
Common Stock | 115K | 114K | 126K | 165K | 136K | 116.2K | |
Property Plant Equipment | 3.0M | 9.9M | 8.4M | 8.1M | 9.3M | 9.8M | |
Property Plant And Equipment Net | 12.3M | 9.9M | 8.4M | 8.1M | 6.6M | 5.1M | |
Current Deferred Revenue | 896K | 2.7M | 1.7M | 2.2M | 2.0M | 1.2M | |
Non Current Assets Total | 18.8M | 32.4M | 34.6M | 31.7M | 27.5M | 28.9M | |
Non Currrent Assets Other | 2.0M | 745K | 6.8M | 341K | 1.1M | 1.8M | |
Net Receivables | 13.0M | 4.5M | 15.3M | 13.8M | 13.0M | 11.9M | |
Common Stock Total Equity | 125K | 120K | 115K | 114K | 102.6K | 118.8K | |
Inventory | 1.1M | 1.3M | 3.5M | 2.9M | 2.6M | 2.8M | |
Property Plant And Equipment Gross | 11.9M | 9.9M | 8.4M | 8.1M | 11.2M | 11.8M | |
Short Term Debt | 5.3M | 6.4M | 3.2M | 3.0M | 2.5M | 2.8M | |
Non Current Liabilities Total | 8.7M | 13.0M | 11.5M | 10.9M | 13.4M | 12.8M | |
Accumulated Other Comprehensive Income | (3.5M) | (4.1M) | (3.8M) | (4.9M) | (14.1M) | (13.4M) | |
Other Liab | 443K | 1.4M | 2.4M | 2.6M | 2.3M | 3.6M | |
Net Tangible Assets | 19.1M | (13.6M) | (18.3M) | (10.3M) | (9.3M) | (8.8M) | |
Retained Earnings Total Equity | 16.6M | 18.2M | 14.2M | (403K) | (362.7K) | (344.6K) | |
Deferred Long Term Liab | 2.6M | 2.1M | 84K | 357K | 321.3K | 305.2K | |
Non Current Liabilities Other | 359K | 1.1M | 2.4M | 2.6M | 911K | 865.5K |
Pair Trading with Travelzoo
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 Travelzoo 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 Travelzoo will appreciate offsetting losses from the drop in the long position's value.Moving against Travelzoo Stock
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The ability to find closely correlated positions to Travelzoo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Travelzoo 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 Travelzoo - 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 Travelzoo to buy it.
The correlation of Travelzoo 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 Travelzoo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Travelzoo 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 Travelzoo 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Travelzoo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Travelzoo Stock, please use our How to Invest in Travelzoo guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Interactive Media & Services 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 Travelzoo. If investors know Travelzoo 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 Travelzoo 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 0.635 | Earnings Share 1.04 | Revenue Per Share 6.439 | Quarterly Revenue Growth (0.02) | Return On Assets 0.2131 |
The market value of Travelzoo is measured differently than its book value, which is the value of Travelzoo that is recorded on the company's balance sheet. Investors also form their own opinion of Travelzoo's value that differs from its market value or its book value, called intrinsic value, which is Travelzoo'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 Travelzoo's market value can be influenced by many factors that don't directly affect Travelzoo'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 Travelzoo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Travelzoo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travelzoo'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.