Taihai Net Borrowings vs Change To 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 Net Borrowings and its Change To 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.
Net Borrowings vs Change To Liabilities
Net Borrowings vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taihai Manoir Nuclear Net Borrowings account and Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Taihai Manoir's Net Borrowings and Change To Liabilities is -0.08. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To 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 Net Borrowings and Change To 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 Net Borrowings of Taihai Manoir Nuclear are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Borrowings i.e., Taihai Manoir's Net Borrowings and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Change To Liabilities
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.