TCL Non Current Assets Total vs Net Receivables 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 Non Current Assets Total and its Net Receivables 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCL Corp Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between TCL Corp's Non Current Assets Total and Net Receivables is 0.7. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables 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 Non Current Assets Total and Net Receivables 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 Current Assets Total of TCL Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., TCL Corp's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

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 Tax17.6B1.1B5.1B3.5B
Cost Of Revenue131.1B151.9B148.8B156.2B

TCL Corp fundamental ratios Correlations

0.990.70.920.980.310.99-0.10.980.970.710.580.990.870.970.980.950.770.890.990.550.20.831.00.890.9
0.990.690.880.960.251.0-0.160.990.960.650.511.00.880.980.990.930.720.910.990.490.120.790.990.850.89
0.70.690.740.70.140.69-0.660.680.590.590.390.670.430.580.670.720.630.70.670.72-0.010.870.720.730.67
0.920.880.740.930.440.86-0.010.840.870.80.690.870.720.840.840.930.920.760.850.70.420.860.930.990.94
0.980.960.70.930.380.96-0.050.940.970.720.60.970.860.940.950.950.790.860.950.550.290.860.980.910.9
0.310.250.140.440.380.250.30.230.340.380.20.260.20.260.210.280.580.220.250.310.480.320.320.460.36
0.991.00.690.860.960.25-0.160.990.970.640.51.00.880.981.00.920.70.911.00.480.090.790.980.830.86
-0.1-0.16-0.66-0.01-0.050.3-0.16-0.20.030.080.28-0.120.12-0.04-0.15-0.070.03-0.34-0.14-0.20.62-0.32-0.1-0.01-0.07
0.980.990.680.840.940.230.99-0.20.940.570.410.990.860.980.990.880.680.940.990.420.050.770.970.80.88
0.970.960.590.870.970.340.970.030.940.670.560.970.890.970.960.910.720.840.960.480.240.760.960.850.85
0.710.650.590.80.720.380.640.080.570.670.880.650.620.610.650.770.690.40.660.90.460.70.730.810.59
0.580.510.390.690.60.20.50.280.410.560.880.520.570.470.520.730.540.220.520.710.570.550.60.730.46
0.991.00.670.870.970.261.0-0.120.990.970.650.520.90.991.00.920.70.91.00.480.140.790.990.840.87
0.870.880.430.720.860.20.880.120.860.890.620.570.90.930.910.780.460.660.90.340.310.610.870.670.69
0.970.980.580.840.940.260.98-0.040.980.970.610.470.990.930.980.870.660.860.980.410.160.720.960.790.86
0.980.990.670.840.950.211.0-0.150.990.960.650.521.00.910.980.910.650.881.00.470.10.770.980.810.84
0.950.930.720.930.950.280.92-0.070.880.910.770.730.920.780.870.910.80.820.920.630.260.840.960.950.87
0.770.720.630.920.790.580.70.030.680.720.690.540.70.460.660.650.80.680.670.670.350.750.780.930.88
0.890.910.70.760.860.220.91-0.340.940.840.40.220.90.660.860.880.820.680.890.33-0.110.740.870.740.86
0.990.990.670.850.950.251.0-0.140.990.960.660.521.00.90.981.00.920.670.890.480.110.780.980.820.85
0.550.490.720.70.550.310.48-0.20.420.480.90.710.480.340.410.470.630.670.330.480.30.670.580.740.49
0.20.12-0.010.420.290.480.090.620.050.240.460.570.140.310.160.10.260.35-0.110.110.30.260.220.410.28
0.830.790.870.860.860.320.79-0.320.770.760.70.550.790.610.720.770.840.750.740.780.670.260.830.860.77
1.00.990.720.930.980.320.98-0.10.970.960.730.60.990.870.960.980.960.780.870.980.580.220.830.910.91
0.890.850.730.990.910.460.83-0.010.80.850.810.730.840.670.790.810.950.930.740.820.740.410.860.910.9
0.90.890.670.940.90.360.86-0.070.880.850.590.460.870.690.860.840.870.880.860.850.490.280.770.910.9
Click cells to compare fundamentals

TCL Corp Account Relationship Matchups

TCL Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets164.8B257.9B308.7B360.0B382.9B402.0B
Short Long Term Debt Total69.3B117.8B125.2B157.0B174.5B183.3B
Other Current Liab210.8M445.6M1.3B30.5B28.7B30.1B
Total Current Liabilities43.1B71.0B80.8B87.5B99.2B104.2B
Total Stockholder Equity30.1B34.1B43.0B50.7B52.9B55.6B
Other Liab3.1B3.2B2.9B3.9B4.5B4.8B
Property Plant And Equipment Net79.0B124.3B153.0B189.6B199.8B209.8B
Current Deferred Revenue15.2B23.2B28.1B2.3B1.9B1.8B
Net Debt50.7B96.1B93.8B121.6B152.6B160.2B
Retained Earnings11.1B14.0B22.5B19.5B21.5B22.6B
Accounts Payable13.3B21.2B27.6B32.7B29.4B16.1B
Cash18.6B21.7B31.4B35.4B21.9B16.7B
Non Current Assets Total116.7B192.2B221.5B264.5B280.6B294.6B
Non Currrent Assets Other15.6B23.8B19.1B23.3B16.5B17.3B
Other Assets7.3B10.0B11.9B22.2B25.5B26.8B
Long Term Debt55.6B92.1B100.3B130.6B126.8B133.1B
Cash And Short Term Investments24.7B27.0B39.0B48.1B45.3B47.5B
Net Receivables11.8B20.5B28.3B24.0B34.7B36.5B
Short Term Investments6.1B5.3B7.6B12.7B23.3B24.5B
Liabilities And Stockholders Equity164.8B257.9B308.7B360.0B382.9B402.0B
Non Current Liabilities Total57.9B96.8B108.3B140.3B136.8B143.7B
Inventory5.7B8.8B14.1B18.0B18.5B10.1B
Other Current Assets5.9B9.4B5.8B5.4B3.8B3.4B
Other Stockholder Equity3.0B3.8B4.4B11.1B9.4B9.9B
Total Liab101.0B167.9B189.1B227.9B236.1B247.9B
Total Current Assets48.2B65.7B87.2B95.5B102.3B107.4B
Short Term Debt14.3B26.2B23.8B22.0B39.3B41.2B
Intangible Assets7.2B12.2B16.5B20.0B21.0B22.0B
Common Stock13.5B14.0B14.0B17.1B18.8B19.7B
Property Plant Equipment47.4B74.9B79.0B124.3B143.0B150.1B
Good Will2.5M6.9B9.2B9.2B10.5B11.0B
Net Tangible Assets24.2B24.4B17.1B17.8B16.0B16.5B
Deferred Long Term Liab1.8B2.9B3.1B4.6B5.3B2.9B
Short Long Term Debt12.1B12.3B10.8B11.0B9.5B12.7B
Non Current Liabilities Other(572.7M)(519.9M)671.3M985.3M2.9B3.0B
Common Stock Shares Outstanding13.5B14.0B14.0B18.8B21.6B16.7B
Net Invested Capital97.7B138.5B154.2B192.3B189.2B148.4B
Net Working Capital5.1B(5.3B)6.4B8.0B3.1B3.0B
Capital Stock13.5B14.0B14.0B17.1B18.8B16.7B

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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.