Tongxing Historical Balance Sheet
003027 Stock | 16.68 1.52 10.03% |
Trend analysis of Tongxing Environmental Protection balance sheet accounts such as Short Long Term Debt Total of 487 M, Other Current Liabilities of 2.6 M or Total Current Liabilities of 546.7 M provides information on Tongxing Environmental's total assets, liabilities, and equity, which is the actual value of Tongxing Environmental to its prevalent stockholders. By breaking down trends over time using Tongxing Environmental balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Tongxing Environmental latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tongxing Environmental is a good buy for the upcoming year.
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About Tongxing Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Tongxing Environmental at a specified time, usually calculated after every quarter, six months, or one year. Tongxing Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tongxing Environmental 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 Tongxing currently owns. An asset can also be divided into two categories, current and non-current.
Tongxing Environmental Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Tongxing Environmental assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tongxing Environmental books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Tongxing Environmental balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tongxing Environmental Protection are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Tongxing Environmental's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tongxing Environmental current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tongxing Environmental Protection. 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. At present, Tongxing Environmental's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 961.3 M, whereas Total Assets are forecasted to decline to about 1.7 B.
2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 403.3M | 463.8M | 487.0M | Total Assets | 2.3B | 2.7B | 1.7B |
Tongxing Environmental balance sheet Correlations
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Tongxing Environmental Account Relationship Matchups
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Tongxing Environmental balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 2.0B | 2.3B | 2.7B | 2.7B | 1.7B | |
Short Long Term Debt Total | 2M | 67.1M | 51.1M | 403.3M | 463.8M | 487.0M | |
Other Current Liab | 193.2M | 138.1M | 151.9M | 139.2M | 2.8M | 2.6M | |
Total Current Liabilities | 456.5M | 472.1M | 559.5M | 891.6M | 938.8M | 546.7M | |
Total Stockholder Equity | 574.3M | 1.5B | 1.6B | 1.7B | 1.7B | 1.1B | |
Property Plant And Equipment Net | 165.0M | 194.0M | 304.4M | 448.0M | 460.9M | 242.1M | |
Net Debt | (11.2M) | (834.6M) | (543.6M) | (330.1M) | (297.1M) | (312.0M) | |
Retained Earnings | 356.9M | 471.7M | 581.5M | 652.0M | 642.6M | 415.5M | |
Accounts Payable | 219.1M | 297.8M | 407.6M | 349.4M | 482.1M | 282.1M | |
Cash | 78.3M | 885.7M | 543.6M | 733.5M | 678.5M | 411.2M | |
Non Current Assets Total | 220.9M | 273.3M | 409.3M | 548.1M | 599.6M | 328.9M | |
Non Currrent Assets Other | 4.5M | 15.2M | 37.2M | 29.0M | 17.1M | 14.7M | |
Cash And Short Term Investments | 78.3M | 885.7M | 779.5M | 796.1M | 915.5M | 961.3M | |
Liabilities And Stockholders Equity | 1.1B | 2.0B | 2.3B | 2.7B | 3.1B | 3.3B | |
Non Current Liabilities Total | 40.5M | 31.0M | 15.6M | 15.5M | 12.4M | 21.7M | |
Inventory | 210.5M | 138.7M | 141.3M | 98.6M | 225.0M | 170.8M | |
Other Current Assets | 4.3M | 3.5M | 7.0M | 15.9M | 28.3M | 26.9M | |
Other Stockholder Equity | 152.4M | 927.9M | 890.4M | 918.4M | 1.1B | 1.1B | |
Total Liab | 497.1M | 503.0M | 575.1M | 907.2M | 951.2M | 568.5M | |
Total Current Assets | 886.9M | 1.8B | 1.9B | 2.2B | 2.1B | 1.4B | |
Intangible Assets | 18.6M | 28.6M | 28.1M | 27.3M | 27.0M | 25.7M |
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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 Tongxing Stock
Balance Sheet is a snapshot of the financial position of Tongxing Environmental at a specified time, usually calculated after every quarter, six months, or one year. Tongxing Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tongxing Environmental 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 Tongxing currently owns. An asset can also be divided into two categories, current and non-current.