Tianshan Other Stockholder Equity vs Deferred Long Term Liab Analysis

002532 Stock   8.01  0.55  6.43%   
Tianshan Aluminum financial indicator trend analysis is much more than just breaking down Tianshan Aluminum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshan Aluminum is a good investment. Please check the relationship between Tianshan Aluminum Other Stockholder Equity and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshan Aluminum Group. 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.

Other Stockholder Equity vs Deferred Long Term Liab

Other Stockholder Equity vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianshan Aluminum Other Stockholder Equity account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianshan Aluminum's Other Stockholder Equity and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Tianshan Aluminum Group, assuming nothing else is changed. The correlation between historical values of Tianshan Aluminum's Other Stockholder Equity and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Tianshan Aluminum Group are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Stockholder Equity i.e., Tianshan Aluminum's Other Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Tianshan Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshan Aluminum 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 Tianshan Aluminum Group. 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 Discontinued Operations is expected to grow to about 940.8 K, whereas Selling General Administrative is forecasted to decline to about 138.9 M.
 2021 2022 2023 2024 (projected)
Operating Income5.8B4.1B3.4B3.6B
Total Revenue28.7B33.0B29.0B30.4B

Tianshan Aluminum fundamental ratios Correlations

0.060.751.00.950.670.980.790.260.930.371.00.980.920.750.2-0.410.87-0.69-0.220.590.870.560.960.760.84
0.060.480.040.090.440.090.140.840.160.440.060.070.20.410.920.40.26-0.080.110.550.370.570.08-0.150.06
0.750.480.750.840.890.740.920.470.880.730.750.780.910.980.66-0.230.91-0.86-0.020.940.950.960.720.520.84
1.00.040.750.960.650.970.80.260.940.351.00.990.930.750.2-0.40.87-0.69-0.220.60.860.560.950.790.85
0.950.090.840.960.720.90.920.290.990.420.950.970.970.860.3-0.40.91-0.78-0.20.720.910.690.890.810.92
0.670.440.890.650.720.710.780.40.760.890.680.630.80.810.49-0.310.86-0.81-0.080.780.920.850.720.210.81
0.980.090.740.970.90.710.740.20.870.430.980.940.90.710.19-0.420.85-0.67-0.230.570.870.560.950.670.8
0.790.140.920.80.920.780.740.220.930.570.780.830.940.940.39-0.40.9-0.91-0.120.830.890.820.730.70.93
0.260.840.470.260.290.40.20.220.350.30.260.260.30.420.80.30.36-0.1-0.020.50.430.490.270.080.21
0.930.160.880.940.990.760.870.930.350.50.930.950.970.90.36-0.350.94-0.84-0.090.780.930.760.880.760.92
0.370.440.730.350.420.890.430.570.30.50.380.320.520.650.44-0.140.64-0.750.210.680.720.80.43-0.130.56
1.00.060.751.00.950.680.980.780.260.930.380.980.920.740.2-0.410.87-0.69-0.230.590.870.560.960.740.84
0.980.070.780.990.970.630.940.830.260.950.320.980.940.80.26-0.330.87-0.71-0.190.650.860.60.920.840.84
0.920.20.910.930.970.80.90.940.30.970.520.920.940.910.37-0.370.93-0.84-0.150.790.940.770.870.740.9
0.750.410.980.750.860.810.710.940.420.90.650.740.80.910.63-0.180.9-0.890.090.960.920.950.690.620.83
0.20.920.660.20.30.490.190.390.80.360.440.20.260.370.630.310.45-0.290.120.760.510.740.20.130.28
-0.410.4-0.23-0.4-0.4-0.31-0.42-0.40.3-0.35-0.14-0.41-0.33-0.37-0.180.31-0.330.340.56-0.02-0.3-0.05-0.41-0.3-0.53
0.870.260.910.870.910.860.850.90.360.940.640.870.870.930.90.45-0.33-0.86-0.050.850.980.830.910.610.94
-0.69-0.08-0.86-0.69-0.78-0.81-0.67-0.91-0.1-0.84-0.75-0.69-0.71-0.84-0.89-0.290.34-0.86-0.19-0.82-0.85-0.85-0.66-0.49-0.83
-0.220.11-0.02-0.22-0.2-0.08-0.23-0.12-0.02-0.090.21-0.23-0.19-0.150.090.120.56-0.05-0.190.23-0.050.22-0.22-0.17-0.28
0.590.550.940.60.720.780.570.830.50.780.680.590.650.790.960.76-0.020.85-0.820.230.860.980.580.480.72
0.870.370.950.860.910.920.870.890.430.930.720.870.860.940.920.51-0.30.98-0.85-0.050.860.860.880.540.91
0.560.570.960.560.690.850.560.820.490.760.80.560.60.770.950.74-0.050.83-0.850.220.980.860.550.360.71
0.960.080.720.950.890.720.950.730.270.880.430.960.920.870.690.2-0.410.91-0.66-0.220.580.880.550.650.86
0.76-0.150.520.790.810.210.670.70.080.76-0.130.740.840.740.620.13-0.30.61-0.49-0.170.480.540.360.650.63
0.840.060.840.850.920.810.80.930.210.920.560.840.840.90.830.28-0.530.94-0.83-0.280.720.910.710.860.63
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Tianshan Aluminum Account Relationship Matchups

Tianshan Aluminum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B50.6B53.5B56.7B57.1B60.0B
Other Current Liab3.0B4.0B3.7B2.4B680.2M646.2M
Total Current Liabilities22.3B26.4B25.7B25.8B24.6B25.9B
Total Stockholder Equity1.4B19.3B21.3B22.8B24.1B25.3B
Retained Earnings3.9B5.8B7.7B9.5B9.8B10.3B
Accounts Payable11.2B13.1B13.2B14.4B6.7B4.9B
Cash221.6M10.5B7.6B8.8B7.8B8.2B
Other Assets1.0B781.1M975.9M1.1B1.2B1.3B
Net Receivables301.1M153.6M1.7B716.4M507.8M436.1M
Inventory4.1B5.6B8.8B9.5B9.5B10.0B
Other Current Assets3.8B4.5B4.7B4.6B419.4M398.5M
Total Liab538.2M31.3B32.2B33.9B33.0B34.6B
Intangible Assets196.4M1.1B1.1B1.2B1.5B1.6B
Property Plant Equipment25.6B27.2B28.7B29.6B34.0B35.7B
Other Liab499.8M547.5M546.4M520.9M599.0M433.2M
Net Tangible Assets11.5B18.2B20.1B21.7B24.9B13.5B
Other Stockholder Equity516.2K510.7K(1.4M)(198.0K)(178.2K)(169.3K)
Total Current Assets13.3B21.5B22.7B24.9B21.5B16.4B
Non Current Assets Total1.2B29.0B30.8B31.8B35.6B18.1B
Non Currrent Assets Other6.4M418.8M605.4M649.4M2.8B2.9B
Non Current Liabilities Total18.9M4.9B6.5B8.1B8.4B8.8B
Short Long Term Debt73.2M5.6B4.0B4.1B8.8B9.3B
Net Invested Capital1.5B28.7B30.7B33.6B39.9B21.6B
Net Working Capital282.0M(4.8B)(3.0B)(870.1M)(3.1B)(3.0B)

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Other Information on Investing in Tianshan Stock

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