TCL Property Plant And Equipment Net vs Non Currrent Assets Other 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 Property Plant And Equipment Net and its Non Currrent Assets Other 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.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCL Corp Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TCL Corp's Property Plant And Equipment Net and Non Currrent Assets Other is 0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other 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 Property Plant And Equipment Net and Non Currrent Assets Other 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 And Equipment Net of TCL Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., TCL Corp's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
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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.