Tianjin Non Current Assets Total vs Other Liab Analysis

300375 Stock   5.11  0.01  0.20%   
Tianjin Pengling financial indicator trend analysis is much more than just breaking down Tianjin Pengling Rubber prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Pengling Rubber is a good investment. Please check the relationship between Tianjin Pengling Non Current Assets Total and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Pengling Rubber. 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.

Non Current Assets Total vs Other Liab

Non Current Assets Total vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Pengling Rubber Non Current Assets Total account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin Pengling's Non Current Assets Total and Other Liab is 0.5. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Tianjin Pengling Rubber, assuming nothing else is changed. The correlation between historical values of Tianjin Pengling's Non Current Assets Total and Other 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 Non Current Assets Total of Tianjin Pengling Rubber are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Assets Total i.e., Tianjin Pengling's Non Current Assets Total and Other Liab go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Liab

Most indicators from Tianjin Pengling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Pengling Rubber 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 Pengling Rubber. 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 1, 2024, Selling General Administrative is expected to decline to about 117.3 M. The current year's Tax Provision is expected to grow to about (3.6 M)
 2021 2022 2023 2024 (projected)
Operating Income107.8M96.6M76.9M126.2M
Total Revenue1.7B1.7B2.0B1.4B

Tianjin Pengling fundamental ratios Correlations

-0.030.770.980.760.930.710.50.550.880.96-0.230.830.840.860.980.870.740.890.890.610.50.690.630.83-0.63
-0.03-0.04-0.130.040.03-0.350.00.50.23-0.190.78-0.060.19-0.340.08-0.02-0.6-0.22-0.07-0.35-0.27-0.49-0.59-0.23-0.44
0.77-0.040.670.420.60.930.290.360.760.78-0.310.990.520.820.710.620.570.880.820.690.280.690.80.83-0.6
0.98-0.130.670.820.960.660.540.540.820.93-0.290.750.870.850.970.90.80.830.840.550.540.70.610.78-0.54
0.760.040.420.820.860.440.620.650.660.62-0.180.510.930.60.80.760.540.540.50.360.340.460.40.47-0.32
0.930.030.60.960.860.560.540.660.820.84-0.180.680.930.770.960.940.710.710.760.440.450.580.460.65-0.6
0.71-0.350.930.660.440.560.280.160.610.78-0.580.930.450.880.640.570.710.870.740.750.350.810.940.81-0.38
0.50.00.290.540.620.540.280.630.550.38-0.050.320.590.220.510.550.560.530.130.15-0.010.20.180.260.09
0.550.50.360.540.650.660.160.630.640.330.290.40.70.230.640.680.180.340.340.010.050.04-0.010.28-0.46
0.880.230.760.820.660.820.610.550.640.81-0.060.780.750.680.880.760.560.810.750.550.260.560.420.71-0.6
0.96-0.190.780.930.620.840.780.380.330.81-0.390.830.690.880.910.790.80.920.880.70.480.740.710.83-0.58
-0.230.78-0.31-0.29-0.18-0.18-0.58-0.050.29-0.06-0.39-0.31-0.02-0.52-0.16-0.18-0.64-0.4-0.22-0.6-0.13-0.55-0.69-0.28-0.13
0.83-0.060.990.750.510.680.930.320.40.780.83-0.310.60.880.780.680.610.890.870.650.410.760.810.89-0.61
0.840.190.520.870.930.930.450.590.70.750.69-0.020.60.640.880.840.530.590.650.340.360.440.360.54-0.56
0.86-0.340.820.850.60.770.880.220.230.680.88-0.520.880.640.810.740.770.830.910.640.650.920.860.89-0.52
0.980.080.710.970.80.960.640.510.640.880.91-0.160.780.880.810.90.690.820.850.490.50.630.520.76-0.65
0.87-0.020.620.90.760.940.570.550.680.760.79-0.180.680.840.740.90.730.720.710.430.380.540.480.61-0.58
0.74-0.60.570.80.540.710.710.560.180.560.8-0.640.610.530.770.690.730.810.590.630.380.730.730.64-0.15
0.89-0.220.880.830.540.710.870.530.340.810.92-0.40.890.590.830.820.720.810.790.720.360.740.780.85-0.43
0.89-0.070.820.840.50.760.740.130.340.750.88-0.220.870.650.910.850.710.590.790.540.660.790.680.93-0.73
0.61-0.350.690.550.360.440.750.150.010.550.7-0.60.650.340.640.490.430.630.720.54-0.060.490.750.53-0.36
0.5-0.270.280.540.340.450.35-0.010.050.260.48-0.130.410.360.650.50.380.380.360.66-0.060.740.430.7-0.18
0.69-0.490.690.70.460.580.810.20.040.560.74-0.550.760.440.920.630.540.730.740.790.490.740.830.87-0.23
0.63-0.590.80.610.40.460.940.18-0.010.420.71-0.690.810.360.860.520.480.730.780.680.750.430.830.79-0.21
0.83-0.230.830.780.470.650.810.260.280.710.83-0.280.890.540.890.760.610.640.850.930.530.70.870.79-0.46
-0.63-0.44-0.6-0.54-0.32-0.6-0.380.09-0.46-0.6-0.58-0.13-0.61-0.56-0.52-0.65-0.58-0.15-0.43-0.73-0.36-0.18-0.23-0.21-0.46
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Tianjin Pengling Account Relationship Matchups

Tianjin Pengling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.5B2.5B2.7B3.3B2.0B
Other Current Liab17.3M34.9M26.8M1.5M2.0M1.9M
Total Current Liabilities507.6M448.0M557.7M684.8M996.8M1.0B
Total Stockholder Equity2.2B1.8B1.9B1.9B2.2B1.4B
Other Liab70.7M84.5M91.6M85.0M97.7M68.8M
Retained Earnings983.7M915.0M977.4M871.8M861.5M716.7M
Accounts Payable276.7M348.7M360.5M478.1M694.2M728.9M
Cash258.3M202.0M156.5M105.6M527.5M264.9M
Other Assets78.7M45.2M29.6M25.7M29.5M34.8M
Net Receivables499.7M331.3M586.7M293.4M668.6M373.4M
Inventory397.6M373.4M387.5M425.9M504.8M305.3M
Other Current Assets35.6M23.9M12.2M10.5M8.8M8.4M
Total Liab742.1M639.7M650.1M790.8M1.1B1.2B
Intangible Assets127.9M124.3M119.0M114.4M109.6M90.2M
Common Stock201.7M359.7M748.7M711.1M817.8M858.7M
Property Plant Equipment696.6M705.6M672.0M624.4M718.1M504.0M
Net Tangible Assets1.0B1.3B1.3B1.4B1.6B1.4B
Total Current Assets1.3B1.2B1.2B1.4B2.0B1.4B
Non Current Assets Total1.7B1.2B1.3B1.3B1.3B1.3B
Non Currrent Assets Other29.1M10.9M136.2M165.6M168.4M88.3M
Non Current Liabilities Total234.5M191.7M92.4M106.0M122.8M134.1M
Common Stock Shares Outstanding611.5M748.7M711.1M664.8M755.4M758.1M
Short Term Investments5.0M132.4M101.4M261.5M300.7M315.8M
Net Invested Capital2.5B1.9B1.9B2.0B2.4B2.3B
Net Working Capital816.1M781.2M686.7M691.3M1.0B858.4M
Good Will777.1M413.6M395.5M360.3M332.1M363.3M

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Other Information on Investing in Tianjin Stock

Balance Sheet is a snapshot of the financial position of Tianjin Pengling Rubber at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Pengling Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Pengling 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.