TCL Net Receivables vs Cash And Short Term Investments Analysis

000100 Stock

4.55 0.04 0.87%

TCL Corp financial indicator trend analysis is much more than just breaking down TCL Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TCL Corp is a good investment. Please check the relationship between TCL Corp Net Receivables and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TCL Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCL Corp Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between TCL Corp's Net Receivables and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of TCL Corp, assuming nothing else is changed. The correlation between historical values of TCL Corp's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of TCL Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., TCL Corp's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TCL Corp balance sheet. This account contains TCL Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TCL Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from TCL Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TCL Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in TCL Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of November 26, 2024, Selling General Administrative is expected to decline to about 3.7 B. In addition to that, Tax Provision is expected to decline to about 257.5 M

	2021	2022	2023	2024 (projected)
Income Before Tax	17.6B	1.1B	5.1B	3.5B
Cost Of Revenue	131.1B	151.9B	148.8B	156.2B

Income Before Tax Cost Of Revenue

TCL Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.99	0.7	0.92	0.98	0.31	0.99	-0.1	0.98	0.97	0.71	0.58	0.99	0.87	0.97	0.98	0.95	0.77	0.89	0.99	0.55	0.2	0.83	1.0	0.89	0.9
Short Long Term Debt Total	0.99		0.69	0.88	0.96	0.25	1.0	-0.16	0.99	0.96	0.65	0.51	1.0	0.88	0.98	0.99	0.93	0.72	0.91	0.99	0.49	0.12	0.79	0.99	0.85	0.89
Other Current Liab	0.7	0.69		0.74	0.7	0.14	0.69	-0.66	0.68	0.59	0.59	0.39	0.67	0.43	0.58	0.67	0.72	0.63	0.7	0.67	0.72	-0.01	0.87	0.72	0.73	0.67
Total Current Liabilities	0.92	0.88	0.74		0.93	0.44	0.86	-0.01	0.84	0.87	0.8	0.69	0.87	0.72	0.84	0.84	0.93	0.92	0.76	0.85	0.7	0.42	0.86	0.93	0.99	0.94
Total Stockholder Equity	0.98	0.96	0.7	0.93		0.38	0.96	-0.05	0.94	0.97	0.72	0.6	0.97	0.86	0.94	0.95	0.95	0.79	0.86	0.95	0.55	0.29	0.86	0.98	0.91	0.9
Other Liab	0.31	0.25	0.14	0.44	0.38		0.25	0.3	0.23	0.34	0.38	0.2	0.26	0.2	0.26	0.21	0.28	0.58	0.22	0.25	0.31	0.48	0.32	0.32	0.46	0.36
Property Plant And Equipment Net	0.99	1.0	0.69	0.86	0.96	0.25		-0.16	0.99	0.97	0.64	0.5	1.0	0.88	0.98	1.0	0.92	0.7	0.91	1.0	0.48	0.09	0.79	0.98	0.83	0.86
Current Deferred Revenue	-0.1	-0.16	-0.66	-0.01	-0.05	0.3	-0.16		-0.2	0.03	0.08	0.28	-0.12	0.12	-0.04	-0.15	-0.07	0.03	-0.34	-0.14	-0.2	0.62	-0.32	-0.1	-0.01	-0.07
Net Debt	0.98	0.99	0.68	0.84	0.94	0.23	0.99	-0.2		0.94	0.57	0.41	0.99	0.86	0.98	0.99	0.88	0.68	0.94	0.99	0.42	0.05	0.77	0.97	0.8	0.88
Retained Earnings	0.97	0.96	0.59	0.87	0.97	0.34	0.97	0.03	0.94		0.67	0.56	0.97	0.89	0.97	0.96	0.91	0.72	0.84	0.96	0.48	0.24	0.76	0.96	0.85	0.85
Accounts Payable	0.71	0.65	0.59	0.8	0.72	0.38	0.64	0.08	0.57	0.67		0.88	0.65	0.62	0.61	0.65	0.77	0.69	0.4	0.66	0.9	0.46	0.7	0.73	0.81	0.59
Cash	0.58	0.51	0.39	0.69	0.6	0.2	0.5	0.28	0.41	0.56	0.88		0.52	0.57	0.47	0.52	0.73	0.54	0.22	0.52	0.71	0.57	0.55	0.6	0.73	0.46
Non Current Assets Total	0.99	1.0	0.67	0.87	0.97	0.26	1.0	-0.12	0.99	0.97	0.65	0.52		0.9	0.99	1.0	0.92	0.7	0.9	1.0	0.48	0.14	0.79	0.99	0.84	0.87
Non Currrent Assets Other	0.87	0.88	0.43	0.72	0.86	0.2	0.88	0.12	0.86	0.89	0.62	0.57	0.9		0.93	0.91	0.78	0.46	0.66	0.9	0.34	0.31	0.61	0.87	0.67	0.69
Other Assets	0.97	0.98	0.58	0.84	0.94	0.26	0.98	-0.04	0.98	0.97	0.61	0.47	0.99	0.93		0.98	0.87	0.66	0.86	0.98	0.41	0.16	0.72	0.96	0.79	0.86
Long Term Debt	0.98	0.99	0.67	0.84	0.95	0.21	1.0	-0.15	0.99	0.96	0.65	0.52	1.0	0.91	0.98		0.91	0.65	0.88	1.0	0.47	0.1	0.77	0.98	0.81	0.84
Cash And Short Term Investments	0.95	0.93	0.72	0.93	0.95	0.28	0.92	-0.07	0.88	0.91	0.77	0.73	0.92	0.78	0.87	0.91		0.8	0.82	0.92	0.63	0.26	0.84	0.96	0.95	0.87
Net Receivables	0.77	0.72	0.63	0.92	0.79	0.58	0.7	0.03	0.68	0.72	0.69	0.54	0.7	0.46	0.66	0.65	0.8		0.68	0.67	0.67	0.35	0.75	0.78	0.93	0.88
Short Term Investments	0.89	0.91	0.7	0.76	0.86	0.22	0.91	-0.34	0.94	0.84	0.4	0.22	0.9	0.66	0.86	0.88	0.82	0.68		0.89	0.33	-0.11	0.74	0.87	0.74	0.86
Non Current Liabilities Total	0.99	0.99	0.67	0.85	0.95	0.25	1.0	-0.14	0.99	0.96	0.66	0.52	1.0	0.9	0.98	1.0	0.92	0.67	0.89		0.48	0.11	0.78	0.98	0.82	0.85
Inventory	0.55	0.49	0.72	0.7	0.55	0.31	0.48	-0.2	0.42	0.48	0.9	0.71	0.48	0.34	0.41	0.47	0.63	0.67	0.33	0.48		0.3	0.67	0.58	0.74	0.49
Other Current Assets	0.2	0.12	-0.01	0.42	0.29	0.48	0.09	0.62	0.05	0.24	0.46	0.57	0.14	0.31	0.16	0.1	0.26	0.35	-0.11	0.11	0.3		0.26	0.22	0.41	0.28
Other Stockholder Equity	0.83	0.79	0.87	0.86	0.86	0.32	0.79	-0.32	0.77	0.76	0.7	0.55	0.79	0.61	0.72	0.77	0.84	0.75	0.74	0.78	0.67	0.26		0.83	0.86	0.77
Total Liab	1.0	0.99	0.72	0.93	0.98	0.32	0.98	-0.1	0.97	0.96	0.73	0.6	0.99	0.87	0.96	0.98	0.96	0.78	0.87	0.98	0.58	0.22	0.83		0.91	0.91
Total Current Assets	0.89	0.85	0.73	0.99	0.91	0.46	0.83	-0.01	0.8	0.85	0.81	0.73	0.84	0.67	0.79	0.81	0.95	0.93	0.74	0.82	0.74	0.41	0.86	0.91		0.9
Short Term Debt	0.9	0.89	0.67	0.94	0.9	0.36	0.86	-0.07	0.88	0.85	0.59	0.46	0.87	0.69	0.86	0.84	0.87	0.88	0.86	0.85	0.49	0.28	0.77	0.91	0.9

Click cells to compare fundamentals

TCL Corp Account Relationship Matchups

TCL Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	164.8B	257.9B	308.7B	360.0B	382.9B	402.0B
Short Long Term Debt Total	69.3B	117.8B	125.2B	157.0B	174.5B	183.3B
Other Current Liab	210.8M	445.6M	1.3B	30.5B	28.7B	30.1B
Total Current Liabilities	43.1B	71.0B	80.8B	87.5B	99.2B	104.2B
Total Stockholder Equity	30.1B	34.1B	43.0B	50.7B	52.9B	55.6B
Other Liab	3.1B	3.2B	2.9B	3.9B	4.5B	4.8B
Property Plant And Equipment Net	79.0B	124.3B	153.0B	189.6B	199.8B	209.8B
Current Deferred Revenue	15.2B	23.2B	28.1B	2.3B	1.9B	1.8B
Net Debt	50.7B	96.1B	93.8B	121.6B	152.6B	160.2B
Retained Earnings	11.1B	14.0B	22.5B	19.5B	21.5B	22.6B
Accounts Payable	13.3B	21.2B	27.6B	32.7B	29.4B	16.1B
Cash	18.6B	21.7B	31.4B	35.4B	21.9B	16.7B
Non Current Assets Total	116.7B	192.2B	221.5B	264.5B	280.6B	294.6B
Non Currrent Assets Other	15.6B	23.8B	19.1B	23.3B	16.5B	17.3B
Other Assets	7.3B	10.0B	11.9B	22.2B	25.5B	26.8B
Long Term Debt	55.6B	92.1B	100.3B	130.6B	126.8B	133.1B
Cash And Short Term Investments	24.7B	27.0B	39.0B	48.1B	45.3B	47.5B
Net Receivables	11.8B	20.5B	28.3B	24.0B	34.7B	36.5B
Short Term Investments	6.1B	5.3B	7.6B	12.7B	23.3B	24.5B
Liabilities And Stockholders Equity	164.8B	257.9B	308.7B	360.0B	382.9B	402.0B
Non Current Liabilities Total	57.9B	96.8B	108.3B	140.3B	136.8B	143.7B
Inventory	5.7B	8.8B	14.1B	18.0B	18.5B	10.1B
Other Current Assets	5.9B	9.4B	5.8B	5.4B	3.8B	3.4B
Other Stockholder Equity	3.0B	3.8B	4.4B	11.1B	9.4B	9.9B
Total Liab	101.0B	167.9B	189.1B	227.9B	236.1B	247.9B
Total Current Assets	48.2B	65.7B	87.2B	95.5B	102.3B	107.4B
Short Term Debt	14.3B	26.2B	23.8B	22.0B	39.3B	41.2B
Intangible Assets	7.2B	12.2B	16.5B	20.0B	21.0B	22.0B
Common Stock	13.5B	14.0B	14.0B	17.1B	18.8B	19.7B
Property Plant Equipment	47.4B	74.9B	79.0B	124.3B	143.0B	150.1B
Good Will	2.5M	6.9B	9.2B	9.2B	10.5B	11.0B
Net Tangible Assets	24.2B	24.4B	17.1B	17.8B	16.0B	16.5B
Deferred Long Term Liab	1.8B	2.9B	3.1B	4.6B	5.3B	2.9B
Short Long Term Debt	12.1B	12.3B	10.8B	11.0B	9.5B	12.7B
Non Current Liabilities Other	(572.7M)	(519.9M)	671.3M	985.3M	2.9B	3.0B
Common Stock Shares Outstanding	13.5B	14.0B	14.0B	18.8B	21.6B	16.7B
Net Invested Capital	97.7B	138.5B	154.2B	192.3B	189.2B	148.4B
Net Working Capital	5.1B	(5.3B)	6.4B	8.0B	3.1B	3.0B
Capital Stock	13.5B	14.0B	14.0B	17.1B	18.8B	16.7B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in TCL Stock

Balance Sheet is a snapshot of the financial position of TCL Corp at a specified time, usually calculated after every quarter, six months, or one year. TCL Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TCL Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TCL currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

TCL Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

TCL Corp fundamental ratios Correlations

TCL Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TCL Corp fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in TCL Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net

Current Deferred Revenue	- 0.66	Other Current Liab
Short Term Investments	- 0.34	Current Deferred Revenue
Other Stockholder Equity	- 0.32	Current Deferred Revenue
Inventory	- 0.2	Current Deferred Revenue
Net Debt	- 0.2	Current Deferred Revenue
Current Deferred Revenue	- 0.16	Property Plant And Equipment Net