Taihai Capital Expenditures vs Net Borrowings 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 Capital Expenditures and its Net Borrowings 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.
Capital Expenditures vs Net Borrowings
Capital Expenditures vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taihai Manoir Nuclear Capital Expenditures account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Taihai Manoir's Capital Expenditures and Net Borrowings is -0.28. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Borrowings 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 Capital Expenditures and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Taihai Manoir Nuclear are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Capital Expenditures i.e., Taihai Manoir's Capital Expenditures and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Taihai Manoir Nuclear to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Taihai Manoir operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.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
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Taihai Manoir Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taihai Manoir fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 5.7B | 5.0B | 8.8B | 8.3B | 4.6B | |
Other Current Liab | 303.6M | 757.2M | 866.6M | 11.3M | 4.0M | 3.8M | |
Total Current Liabilities | 3.8B | 4.3B | 4.7B | 1.6B | 1.2B | 2.0B | |
Total Stockholder Equity | 2.3B | 819.8M | (17.3M) | 4.6B | 4.7B | 4.9B | |
Other Liab | 107.8M | 135.8M | 159.1M | 141.1M | 162.2M | 170.4M | |
Retained Earnings | 1.3B | (182.3M) | (1.0B) | (851.3M) | (643.3M) | (611.2M) | |
Accounts Payable | 264.6M | 185.3M | 172.4M | 135.9M | 371.2M | 243.7M | |
Cash | 71.6M | 72.7M | 87.8M | 2.6B | 2.0B | 2.1B | |
Net Receivables | 1.4B | 803.1M | 1.7B | 552.3M | 322.2M | 306.0M | |
Inventory | 2.1B | 541.5M | 541.6M | 490.5M | 861.4M | 875.6M | |
Other Current Assets | 35.6M | 40.0M | 355.0M | 29.6M | 122.2M | 142.6M | |
Total Liab | 4.1B | 4.8B | 4.9B | 3.6B | 3.2B | 2.6B | |
Intangible Assets | 178.5M | 173.2M | 160.9M | 296.4M | 276.2M | 290.0M | |
Property Plant Equipment | 2.4B | 2.3B | 2.2B | 2.0B | 2.3B | 1.4B | |
Other Assets | 490.1M | 538.9M | 195.7M | 177.7M | 204.3M | 238.4M | |
Net Tangible Assets | 2.8B | 2.1B | 646.5M | (178.2M) | (160.4M) | (152.4M) | |
Long Term Debt | 215.1M | 179.8M | 0.0 | 991.2M | 1.5B | 798.6M | |
Short Long Term Debt | 1.4B | 1.4B | 1.3B | 78.1M | 70.3M | 66.8M | |
Total Current Assets | 3.6B | 3.0B | 2.4B | 5.4B | 4.5B | 3.9B | |
Non Current Assets Total | 3.0B | 2.8B | 2.6B | 3.3B | 3.8B | 3.3B | |
Non Currrent Assets Other | 535.3M | 191.2M | 176.6M | 72.8M | 131.4M | 216.8M | |
Non Current Liabilities Total | 350.8M | 415.5M | 173.3M | 2.0B | 2.0B | 1.1B | |
Other Stockholder Equity | 5.3M | 6.9M | 8.1M | 8.8M | 10.2M | 6.2M | |
Net Debt | 1.6B | 1.3B | 1.5B | 1.3B | 1.1B | 1.2B | |
Net Invested Capital | 3.7B | 2.4B | 1.3B | 5.6B | 6.1B | 4.6B | |
Net Working Capital | (192.0M) | (1.4B) | (2.3B) | 3.9B | 3.3B | 3.5B |
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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.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.