Tianjin Net Working Capital vs Cash Analysis

002887 Stock

6.95 0.18 2.52%

Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Net Working Capital and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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 Working Capital vs Cash

Net Working Capital vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin LVYIN Landscape Net Working Capital account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tianjin LVYIN's Net Working Capital and Cash is 0.69. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Net Working Capital and Cash 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 Working Capital of Tianjin LVYIN Landscape are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Working Capital i.e., Tianjin LVYIN's Net Working Capital and Cash go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Net Working Capital

Cash

Cash refers to the most liquid asset of Tianjin LVYIN Landscape, which is listed under current asset account on Tianjin LVYIN Landscape balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tianjin LVYIN customers. The amounts must be unrestricted with restricted cash listed in a different Tianjin LVYIN account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 Tianjin LVYIN Landscape. 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 Tax Provision is expected to grow to about 34 M, whereas Selling General Administrative is forecasted to decline to about 11.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	226.6M	248.4M	154.7M	202.2M
Total Revenue	585.1M	586.7M	400.3M	512.6M

Gross Profit Total Revenue

Tianjin LVYIN fundamental ratios Correlations

	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Deferred Long Term Liab	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Other Liab		0.7	0.77	0.94	-0.57	0.77	0.83	0.86	0.2	0.68	0.75	-0.33	0.64	0.89	0.85	0.86	0.91	-0.88	0.82	0.9	0.75	-0.68	-0.68	0.93	0.78	0.9
Net Tangible Assets	0.7		0.97	0.81	-0.86	0.93	0.59	0.94	0.57	0.76	0.99	0.03	0.84	0.85	0.88	0.8	0.79	-0.66	0.53	0.81	0.95	-0.32	-0.32	0.82	0.51	0.84
Retained Earnings	0.77	0.97		0.89	-0.84	0.97	0.62	0.98	0.6	0.86	0.98	0.08	0.88	0.92	0.95	0.81	0.87	-0.76	0.56	0.89	0.95	-0.35	-0.35	0.9	0.57	0.91
Other Assets	0.94	0.81	0.89		-0.63	0.89	0.71	0.93	0.46	0.85	0.86	-0.06	0.75	0.95	0.95	0.78	0.91	-0.91	0.78	0.93	0.82	-0.62	-0.62	0.95	0.64	0.98
Deferred Long Term Liab	-0.57	-0.86	-0.84	-0.63		-0.72	-0.43	-0.76	-0.53	-0.59	-0.84	0.17	-0.76	-0.63	-0.69	-0.72	-0.61	0.4	-0.47	-0.62	-0.85	0.34	0.34	-0.64	-0.53	-0.61
Common Stock	0.77	0.93	0.97	0.89	-0.72		0.71	0.96	0.55	0.84	0.93	0.11	0.84	0.96	0.98	0.76	0.9	-0.77	0.55	0.92	0.87	-0.29	-0.29	0.92	0.53	0.94
Property Plant Equipment	0.83	0.59	0.62	0.71	-0.43	0.71		0.73	-0.07	0.42	0.59	-0.39	0.48	0.81	0.76	0.8	0.87	-0.65	0.59	0.82	0.58	-0.34	-0.34	0.84	0.72	0.74
Total Assets	0.86	0.94	0.98	0.93	-0.76	0.96	0.73		0.5	0.87	0.96	0.0	0.88	0.96	0.97	0.88	0.94	-0.82	0.6	0.96	0.95	-0.38	-0.38	0.96	0.69	0.94
Other Current Liab	0.2	0.57	0.6	0.46	-0.53	0.55	-0.07	0.5		0.68	0.58	0.46	0.61	0.4	0.54	0.29	0.3	-0.27	0.13	0.39	0.57	-0.1	-0.1	0.36	0.11	0.46
Total Current Liabilities	0.68	0.76	0.86	0.85	-0.59	0.84	0.42	0.87	0.68		0.81	0.35	0.83	0.85	0.86	0.62	0.79	-0.76	0.44	0.86	0.81	-0.29	-0.29	0.83	0.5	0.86
Total Stockholder Equity	0.75	0.99	0.98	0.86	-0.84	0.93	0.59	0.96	0.58	0.81		0.0	0.88	0.86	0.89	0.82	0.81	-0.71	0.58	0.84	0.98	-0.39	-0.39	0.86	0.57	0.86
Accounts Payable	-0.33	0.03	0.08	-0.06	0.17	0.11	-0.39	0.0	0.46	0.35	0.0		0.07	0.04	0.05	-0.3	-0.07	-0.09	-0.49	0.01	-0.03	0.57	0.57	-0.08	-0.41	0.04
Cash	0.64	0.84	0.88	0.75	-0.76	0.84	0.48	0.88	0.61	0.83	0.88	0.07		0.77	0.8	0.73	0.77	-0.56	0.32	0.81	0.92	-0.18	-0.18	0.8	0.69	0.73
Non Current Assets Total	0.89	0.85	0.92	0.95	-0.63	0.96	0.81	0.96	0.4	0.85	0.86	0.04	0.77		0.98	0.8	0.97	-0.88	0.64	0.98	0.82	-0.39	-0.39	0.98	0.63	0.98
Non Currrent Assets Other	0.85	0.88	0.95	0.95	-0.69	0.98	0.76	0.97	0.54	0.86	0.89	0.05	0.8	0.98		0.81	0.94	-0.83	0.64	0.96	0.85	-0.4	-0.4	0.96	0.61	0.98
Net Receivables	0.86	0.8	0.81	0.78	-0.72	0.76	0.8	0.88	0.29	0.62	0.82	-0.3	0.73	0.8	0.81		0.88	-0.69	0.56	0.86	0.88	-0.4	-0.4	0.87	0.87	0.76
Non Current Liabilities Total	0.91	0.79	0.87	0.91	-0.61	0.9	0.87	0.94	0.3	0.79	0.81	-0.07	0.77	0.97	0.94	0.88		-0.85	0.58	0.99	0.82	-0.34	-0.34	0.99	0.78	0.93
Inventory	-0.88	-0.66	-0.76	-0.91	0.4	-0.77	-0.65	-0.82	-0.27	-0.76	-0.71	-0.09	-0.56	-0.88	-0.83	-0.69	-0.85		-0.66	-0.86	-0.67	0.5	0.5	-0.87	-0.54	-0.91
Other Current Assets	0.82	0.53	0.56	0.78	-0.47	0.55	0.59	0.6	0.13	0.44	0.58	-0.49	0.32	0.64	0.64	0.56	0.58	-0.66		0.57	0.5	-0.93	-0.93	0.66	0.41	0.72
Total Liab	0.9	0.81	0.89	0.93	-0.62	0.92	0.82	0.96	0.39	0.86	0.84	0.01	0.81	0.98	0.96	0.86	0.99	-0.86	0.57		0.85	-0.34	-0.34	0.99	0.75	0.95
Total Current Assets	0.75	0.95	0.95	0.82	-0.85	0.87	0.58	0.95	0.57	0.81	0.98	-0.03	0.92	0.82	0.85	0.88	0.82	-0.67	0.5	0.85		-0.34	-0.34	0.85	0.7	0.8
Common Stock Shares Outstanding	-0.68	-0.32	-0.35	-0.62	0.34	-0.29	-0.34	-0.38	-0.1	-0.29	-0.39	0.57	-0.18	-0.39	-0.4	-0.4	-0.34	0.5	-0.93	-0.34	-0.34		1.0	-0.44	-0.33	-0.5
Short Term Investments	-0.68	-0.32	-0.35	-0.62	0.34	-0.29	-0.34	-0.38	-0.1	-0.29	-0.39	0.57	-0.18	-0.39	-0.4	-0.4	-0.34	0.5	-0.93	-0.34	-0.34	1.0		-0.44	-0.33	-0.5
Net Invested Capital	0.93	0.82	0.9	0.95	-0.64	0.92	0.84	0.96	0.36	0.83	0.86	-0.08	0.8	0.98	0.96	0.87	0.99	-0.87	0.66	0.99	0.85	-0.44	-0.44		0.76	0.96
Net Working Capital	0.78	0.51	0.57	0.64	-0.53	0.53	0.72	0.69	0.11	0.5	0.57	-0.41	0.69	0.63	0.61	0.87	0.78	-0.54	0.41	0.75	0.7	-0.33	-0.33	0.76		0.57
Capital Stock	0.9	0.84	0.91	0.98	-0.61	0.94	0.74	0.94	0.46	0.86	0.86	0.04	0.73	0.98	0.98	0.76	0.93	-0.91	0.72	0.95	0.8	-0.5	-0.5	0.96	0.57

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Tianjin LVYIN Account Relationship Matchups

Tianjin LVYIN fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Liab	281.0K	526.3K	11.4M	39.4M	45.4M	47.6M
Net Tangible Assets	1.7B	1.9B	2.1B	2.2B	2.5B	1.7B
Retained Earnings	768.1M	997.5M	1.0B	1.0B	1.1B	789.6M
Other Assets	67.0M	468.6M	1.3B	1.5B	1.7B	1.8B
Deferred Long Term Liab	530.5K	347.2K	782.0K	530.8K	477.7K	543.9K
Common Stock	80M	160M	208M	312M	358.8M	187.3M
Property Plant Equipment	42.9M	38.6M	36.2M	60.9M	70.0M	46.4M
Total Assets	3.0B	3.6B	4.4B	4.9B	4.5B	3.6B
Other Current Liab	287.5M	256.1M	187.3M	78.8M	80.8M	153.5M
Total Current Liabilities	708.5M	828.2M	683.0M	846.8M	650.5M	706.9M
Total Stockholder Equity	1.9B	2.1B	2.2B	2.4B	2.4B	2.1B
Accounts Payable	389.6M	485.9M	371.4M	379.6M	326.3M	303.2M
Cash	1.1B	1.0B	1.3B	1.6B	546.1M	921.2M
Non Current Assets Total	561.7M	1.4B	1.6B	1.9B	2.1B	1.1B
Non Currrent Assets Other	561.7M	807.7M	967.5M	905.0M	1.1B	636.9M
Net Receivables	808.0M	602.2M	1.2B	1.0B	1.0B	926.0M
Non Current Liabilities Total	300.8M	600.3M	1.5B	1.6B	1.4B	734.8M
Inventory	301.6M	2.0M	1.8M	1.3M	1.4M	1.4M
Other Current Assets	38.8M	98.3M	94.6M	151.2M	692.5M	727.1M
Total Liab	1.0B	1.4B	2.1B	2.4B	2.0B	1.4B
Total Current Assets	2.4B	2.2B	2.8B	2.9B	2.4B	2.5B
Net Invested Capital	2.2B	2.7B	3.6B	4.0B	3.7B	3.1B
Net Working Capital	1.7B	1.4B	2.1B	2.1B	1.7B	1.9B

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Tianjin Stock

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

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Tianjin Net Working Capital vs Cash Analysis

Net Working Capital vs Cash

Net Working Capital vs Cash Correlation Analysis

Correlation Coefficient

Net Working Capital

Cash

Tianjin LVYIN fundamental ratios Correlations

Tianjin LVYIN Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianjin LVYIN fundamental ratios Accounts

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Other Information on Investing in Tianjin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Net Tangible Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Net Invested Capital	+ 0.99	Non Current Liabilities Total
Net Invested Capital	+ 0.99	Total Liab
Total Assets	+ 0.98	Retained Earnings

Short Term Investments	- 0.93	Other Current Assets
Common Stock Shares Outstanding	- 0.93	Other Current Assets
Capital Stock	- 0.91	Inventory
Inventory	- 0.91	Other Assets
Inventory	- 0.88	Non Current Assets Total
Inventory	- 0.88	Other Liab