Titan Inventory vs Property Plant And Equipment Net Analysis

002531 Stock   8.96  0.01  0.11%   
Titan Wind financial indicator trend analysis is much more than just breaking down Titan Wind Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Wind Energy is a good investment. Please check the relationship between Titan Wind Inventory and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Titan Wind Energy. 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.

Inventory vs Property Plant And Equipment Net

Inventory vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Wind Energy Inventory account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Titan Wind's Inventory and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Titan Wind Energy, assuming nothing else is changed. The correlation between historical values of Titan Wind's Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Titan Wind Energy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Titan Wind's Inventory and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

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.
Most indicators from Titan Wind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Wind Energy 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 Titan Wind Energy. 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.
The current year's Selling General Administrative is expected to grow to about 85.7 M. The current year's Tax Provision is expected to grow to about 115.5 M
 2021 2022 2023 2024 (projected)
Interest Expense243.9M267.0M358.7M376.6M
Depreciation And Amortization679.9M434.3M631.7M663.3M

Titan Wind fundamental ratios Correlations

0.980.40.990.971.00.540.960.980.980.361.00.450.420.360.980.750.960.09-0.180.990.990.970.950.721.0
0.980.380.970.910.980.490.990.970.960.260.990.410.370.270.970.660.98-0.08-0.190.990.950.960.980.570.98
0.40.380.470.350.38-0.140.320.320.450.660.40.49-0.120.660.310.470.350.13-0.150.410.410.450.320.430.38
0.990.970.470.940.990.530.950.960.980.380.990.480.380.380.970.750.940.07-0.20.990.980.980.930.720.98
0.970.910.350.940.960.590.890.940.930.370.950.320.430.370.960.790.910.190.00.940.980.920.890.790.96
1.00.980.380.990.960.530.960.990.960.321.00.460.410.320.990.720.940.06-0.230.990.990.980.940.711.0
0.540.49-0.140.530.590.530.50.560.52-0.070.520.010.38-0.070.580.420.490.180.120.520.550.460.490.460.53
0.960.990.320.950.890.960.50.970.940.160.970.380.380.160.970.620.97-0.13-0.190.980.930.940.980.530.96
0.980.970.320.960.940.990.560.970.920.230.980.430.380.231.00.680.93-0.01-0.240.970.970.970.940.650.99
0.980.960.450.980.930.960.520.940.920.420.980.450.420.430.940.740.950.13-0.130.980.970.940.930.730.96
0.360.260.660.380.370.32-0.070.160.230.420.320.37-0.031.00.240.550.270.4-0.040.330.420.320.220.530.32
1.00.990.40.990.951.00.520.970.980.980.320.460.430.320.980.720.960.05-0.21.00.990.970.960.691.0
0.450.410.490.480.320.460.010.380.430.450.370.460.350.370.40.410.310.27-0.810.440.450.510.340.470.47
0.420.37-0.120.380.430.410.380.380.380.42-0.030.430.35-0.030.390.430.410.25-0.060.410.410.340.410.450.41
0.360.270.660.380.370.32-0.070.160.230.431.00.320.37-0.030.240.550.280.4-0.050.340.430.330.220.530.32
0.980.970.310.970.960.990.580.971.00.940.240.980.40.390.240.70.94-0.01-0.190.970.970.970.940.670.99
0.750.660.470.750.790.720.420.620.680.740.550.720.410.430.550.70.690.290.010.710.780.730.640.780.72
0.960.980.350.940.910.940.490.970.930.950.270.960.310.410.280.940.69-0.1-0.050.970.930.910.980.550.94
0.09-0.080.130.070.190.060.18-0.13-0.010.130.40.050.270.250.4-0.010.29-0.10.00.030.160.0-0.090.630.06
-0.18-0.19-0.15-0.20.0-0.230.12-0.19-0.24-0.13-0.04-0.2-0.81-0.06-0.05-0.190.01-0.050.0-0.19-0.16-0.28-0.12-0.07-0.23
0.990.990.410.990.940.990.520.980.970.980.331.00.440.410.340.970.710.970.03-0.190.980.960.970.660.99
0.990.950.410.980.980.990.550.930.970.970.420.990.450.410.430.970.780.930.16-0.160.980.960.920.770.99
0.970.960.450.980.920.980.460.940.970.940.320.970.510.340.330.970.730.910.0-0.280.960.960.90.680.98
0.950.980.320.930.890.940.490.980.940.930.220.960.340.410.220.940.640.98-0.09-0.120.970.920.90.510.94
0.720.570.430.720.790.710.460.530.650.730.530.690.470.450.530.670.780.550.63-0.070.660.770.680.510.71
1.00.980.380.980.961.00.530.960.990.960.321.00.470.410.320.990.720.940.06-0.230.990.990.980.940.71
Click cells to compare fundamentals

Titan Wind Account Relationship Matchups

Titan Wind fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1B14.7B15.7B19.9B24.3B25.5B
Short Long Term Debt Total4.2B5.0B4.9B7.7B11.1B11.6B
Other Current Liab464.3M17.2M17.6M219.3M203.6M102.0M
Total Current Liabilities4.9B5.4B4.7B6.8B8.0B8.4B
Total Stockholder Equity5.8B6.7B7.8B6.2B8.9B9.3B
Property Plant And Equipment Net5.5B6.7B7.5B9.6B11.1B11.6B
Current Deferred Revenue117.0M419.5M417.2M129.2M389.9M409.4M
Net Debt2.9B4.3B4.2B6.5B10.3B10.8B
Retained Earnings2.3B3.0B3.9B4.4B5.1B5.4B
Accounts Payable2.0B2.2B1.6B2.7B3.6B3.8B
Cash1.3B710.5M738.5M1.2B822.6M874.7M
Non Current Assets Total7.2B8.1B8.7B11.7B14.7B15.5B
Non Currrent Assets Other449.4M135.7M37.4M1.1B241.0M217.1M
Cash And Short Term Investments1.3B710.5M738.5M1.2B827.7M876.2M
Net Receivables2.9B4.2B4.7B5.0B6.3B6.6B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B1.7B
Liabilities And Stockholders Equity13.1B14.7B15.7B11.6B24.3B25.5B
Inventory898.4M1.1B975.7M1.2B2.3B2.4B
Other Current Assets740.8M551.3M585.4M747.1M226.3M215.0M
Other Stockholder Equity1.6B1.6B1.6B(6.2B)1.5B1.5B
Total Liab7.1B7.9B7.9B11.6B15.4B16.1B
Total Current Assets5.8B6.6B7.0B8.2B9.6B10.1B
Short Term Debt2.4B2.8B2.6B3.7B3.8B4.0B
Intangible Assets301.3M323.0M373.4M525.5M891.6M936.2M
Property Plant Equipment5.5B6.7B7.5B9.6B11.0B11.6B
Long Term Debt2.2B2.2B2.2B3.9B6.5B6.8B
Short Term Investments(367.7M)(374.3M)(169.4M)14.4M5.0M5.3M
Non Current Liabilities Total2.2B2.4B3.1B4.8B7.4B7.8B
Other Liab15.1M6.9M34.4M26.4M30.3M15.5M
Net Tangible Assets4.9B5.5B6.4B7.4B8.5B5.5B
Deferred Long Term Liab107.6M106.6M111.2M118.5M136.3M77.4M
Short Long Term Debt1.7B2.4B2.1B2.7B1.8B1.7B
Net Invested Capital9.4B11.3B12.1B14.9B17.2B12.7B
Net Working Capital924.9M1.2B2.3B1.4B1.6B1.5B

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Other Information on Investing in Titan Stock

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