Taihai Accounts Payable vs Total Current Liabilities Analysis

002366 Stock   5.51  0.07  1.29%   
Taihai Manoir financial indicator trend analysis is much more than just breaking down Taihai Manoir Nuclear prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taihai Manoir Nuclear is a good investment. Please check the relationship between Taihai Manoir Accounts Payable and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taihai Manoir Nuclear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taihai Manoir Nuclear Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Taihai Manoir's Accounts Payable and Total Current Liabilities is 0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Taihai Manoir Nuclear, assuming nothing else is changed. The correlation between historical values of Taihai Manoir's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Taihai Manoir Nuclear are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Taihai Manoir's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Taihai Manoir obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Taihai Manoir Nuclear are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Taihai Manoir balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taihai Manoir Nuclear are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Taihai Manoir's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taihai Manoir Nuclear 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 Taihai Manoir Nuclear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 11, 2024, Selling General Administrative is expected to decline to about 37.7 M. In addition to that, Tax Provision is expected to decline to about 2.1 M

Taihai Manoir fundamental ratios Correlations

0.30.620.720.810.120.570.480.50.680.430.870.910.930.940.76-0.080.23-0.730.90.120.890.870.760.10.6
0.30.86-0.350.390.030.08-0.440.710.270.470.720.210.50.540.350.0-0.49-0.330.360.76-0.060.4-0.230.12-0.36
0.620.860.070.710.140.26-0.170.840.560.510.920.560.750.80.690.02-0.47-0.560.690.720.310.720.140.29-0.18
0.72-0.350.070.63-0.030.480.85-0.030.430.130.370.820.560.520.47-0.220.52-0.570.65-0.470.880.560.92-0.040.8
0.810.390.710.63-0.250.290.490.510.380.230.810.860.790.760.55-0.43-0.1-0.830.880.10.740.920.72-0.050.34
0.120.030.14-0.03-0.250.52-0.490.260.750.40.13-0.10.10.240.630.970.150.050.020.510.03-0.08-0.090.87-0.08
0.570.080.260.480.290.520.10.190.780.610.460.490.580.620.680.370.57-0.310.590.110.460.370.520.420.49
0.48-0.44-0.170.850.49-0.490.1-0.3-0.07-0.140.130.680.340.230.0-0.630.46-0.350.4-0.770.70.360.75-0.530.77
0.50.710.84-0.030.510.260.19-0.30.560.590.740.30.530.610.640.19-0.42-0.590.590.780.30.650.090.47-0.19
0.680.270.560.430.380.750.78-0.070.560.640.660.530.660.760.970.60.21-0.470.60.460.530.470.40.750.25
0.430.470.510.130.230.40.61-0.140.590.640.560.350.50.560.560.30.17-0.320.480.40.250.320.120.30.15
0.870.720.920.370.810.130.460.130.740.660.560.790.920.950.78-0.04-0.13-0.70.850.490.610.840.430.190.21
0.910.210.560.820.86-0.10.490.680.30.530.350.790.880.850.64-0.320.19-0.650.85-0.110.830.790.76-0.090.58
0.930.50.750.560.790.10.580.340.530.660.50.920.880.980.76-0.10.07-0.60.850.250.680.820.590.090.39
0.940.540.80.520.760.240.620.230.610.760.560.950.850.980.840.050.05-0.630.860.360.690.820.550.230.35
0.760.350.690.470.550.630.680.00.640.970.560.780.640.760.840.460.05-0.560.690.490.590.620.450.690.2
-0.080.00.02-0.22-0.430.970.37-0.630.190.60.3-0.04-0.32-0.10.050.460.090.2-0.170.53-0.15-0.25-0.270.84-0.22
0.23-0.49-0.470.52-0.10.150.570.46-0.420.210.17-0.130.190.070.050.050.09-0.120.09-0.590.42-0.090.51-0.070.85
-0.73-0.33-0.56-0.57-0.830.05-0.31-0.35-0.59-0.47-0.32-0.7-0.65-0.6-0.63-0.560.2-0.12-0.73-0.13-0.77-0.78-0.72-0.17-0.45
0.90.360.690.650.880.020.590.40.590.60.480.850.850.850.860.69-0.170.09-0.730.210.80.940.720.090.46
0.120.760.72-0.470.10.510.11-0.770.780.460.40.49-0.110.250.360.490.53-0.59-0.130.21-0.180.26-0.370.61-0.58
0.89-0.060.310.880.740.030.460.70.30.530.250.610.830.680.690.59-0.150.42-0.770.8-0.180.770.890.030.79
0.870.40.720.560.92-0.080.370.360.650.470.320.840.790.820.820.62-0.25-0.09-0.780.940.260.770.70.040.35
0.76-0.230.140.920.72-0.090.520.750.090.40.120.430.760.590.550.45-0.270.51-0.720.72-0.370.890.7-0.030.79
0.10.120.29-0.04-0.050.870.42-0.530.470.750.30.19-0.090.090.230.690.84-0.07-0.170.090.610.030.04-0.03-0.24
0.6-0.36-0.180.80.34-0.080.490.77-0.190.250.150.210.580.390.350.2-0.220.85-0.450.46-0.580.790.350.79-0.24
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Taihai Manoir Account Relationship Matchups

Taihai Manoir fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B5.7B5.0B8.8B8.3B4.6B
Other Current Liab303.6M757.2M866.6M11.3M4.0M3.8M
Total Current Liabilities3.8B4.3B4.7B1.6B1.2B2.0B
Total Stockholder Equity2.3B819.8M(17.3M)4.6B4.7B4.9B
Other Liab107.8M135.8M159.1M141.1M162.2M170.4M
Retained Earnings1.3B(182.3M)(1.0B)(851.3M)(643.3M)(611.2M)
Accounts Payable264.6M185.3M172.4M135.9M371.2M243.7M
Cash71.6M72.7M87.8M2.6B2.0B2.1B
Net Receivables1.4B803.1M1.7B552.3M322.2M306.0M
Inventory2.1B541.5M541.6M490.5M861.4M875.6M
Other Current Assets35.6M40.0M355.0M29.6M122.2M142.6M
Total Liab4.1B4.8B4.9B3.6B3.2B2.6B
Intangible Assets178.5M173.2M160.9M296.4M276.2M290.0M
Property Plant Equipment2.4B2.3B2.2B2.0B2.3B1.4B
Other Assets490.1M538.9M195.7M177.7M204.3M238.4M
Net Tangible Assets2.8B2.1B646.5M(178.2M)(160.4M)(152.4M)
Long Term Debt215.1M179.8M0.0991.2M1.5B798.6M
Short Long Term Debt1.4B1.4B1.3B78.1M70.3M66.8M
Total Current Assets3.6B3.0B2.4B5.4B4.5B3.9B
Non Current Assets Total3.0B2.8B2.6B3.3B3.8B3.3B
Non Currrent Assets Other535.3M191.2M176.6M72.8M131.4M216.8M
Non Current Liabilities Total350.8M415.5M173.3M2.0B2.0B1.1B
Other Stockholder Equity5.3M6.9M8.1M8.8M10.2M6.2M
Net Debt1.6B1.3B1.5B1.3B1.1B1.2B
Net Invested Capital3.7B2.4B1.3B5.6B6.1B4.6B
Net Working Capital(192.0M)(1.4B)(2.3B)3.9B3.3B3.5B

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Other Information on Investing in Taihai Stock

Balance Sheet is a snapshot of the financial position of Taihai Manoir Nuclear at a specified time, usually calculated after every quarter, six months, or one year. Taihai Manoir Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Taihai Manoir 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 Taihai currently owns. An asset can also be divided into two categories, current and non-current.