300570 Non Current Assets Total vs Total Revenue Analysis

300570 Stock   120.97  2.47  2.08%   
TS Communications financial indicator trend analysis is much more than just breaking down TS Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TS Communications is a good investment. Please check the relationship between TS Communications Non Current Assets Total and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TS Communications Co. 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 Total Revenue

Non Current Assets Total vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TS Communications Non Current Assets Total account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between TS Communications' Non Current Assets Total and Total Revenue is 0.62. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of TS Communications Co, assuming nothing else is changed. The correlation between historical values of TS Communications' Non Current Assets Total and Total Revenue 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 TS Communications Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., TS Communications' Non Current Assets Total and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Revenue

Total revenue comprises all receipts TS Communications generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from TS Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TS Communications 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 TS Communications Co. 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 33.5 M, whereas Tax Provision is forecasted to decline to about 21.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit306.0M260.1M490.7M515.2M
Total Revenue933.5M884.8M1.4B1.4B

TS Communications fundamental ratios Correlations

-0.150.740.990.93-0.720.970.770.770.880.470.120.90.670.880.790.630.880.760.990.970.96-0.190.920.89-0.2
-0.15-0.38-0.12-0.13-0.33-0.26-0.430.27-0.23-0.41-0.290.07-0.550.02-0.490.180.15-0.37-0.13-0.14-0.190.910.08-0.120.91
0.74-0.380.690.59-0.30.780.990.390.550.2-0.110.560.960.630.960.40.511.00.760.670.64-0.450.590.65-0.44
0.99-0.120.690.94-0.770.950.730.810.90.490.150.920.620.890.750.640.910.710.980.970.96-0.150.930.88-0.16
0.93-0.130.590.94-0.720.870.650.750.920.530.260.820.520.860.70.720.850.620.890.970.98-0.160.920.93-0.17
-0.72-0.33-0.3-0.77-0.72-0.58-0.3-0.99-0.62-0.18-0.2-0.92-0.15-0.69-0.34-0.46-0.9-0.32-0.72-0.68-0.67-0.29-0.79-0.56-0.28
0.97-0.260.780.950.87-0.580.810.650.860.490.120.820.750.870.830.530.750.790.960.940.92-0.270.820.84-0.27
0.77-0.430.990.730.65-0.30.810.390.620.29-0.040.570.970.660.970.420.530.990.780.720.7-0.50.620.71-0.5
0.770.270.390.810.75-0.990.650.390.640.180.180.950.240.720.430.480.920.410.770.720.710.230.820.590.22
0.88-0.230.550.90.92-0.620.860.620.640.780.260.740.550.850.680.540.760.580.810.920.91-0.190.790.83-0.2
0.47-0.410.20.490.53-0.180.490.290.180.780.220.30.330.440.360.070.330.220.360.490.52-0.290.30.39-0.3
0.12-0.29-0.110.150.26-0.20.12-0.040.180.260.220.11-0.010.220.03-0.060.06-0.10.070.210.22-0.170.10.13-0.2
0.90.070.560.920.82-0.920.820.570.950.740.30.110.450.790.60.50.940.580.910.820.830.030.870.70.02
0.67-0.550.960.620.52-0.150.750.970.240.550.33-0.010.450.550.930.240.390.950.680.60.58-0.620.470.58-0.61
0.880.020.630.890.86-0.690.870.660.720.850.440.220.790.550.680.660.770.650.850.910.850.110.830.830.1
0.79-0.490.960.750.7-0.340.830.970.430.680.360.030.60.930.680.410.540.960.780.750.74-0.520.620.7-0.52
0.630.180.40.640.72-0.460.530.420.480.540.07-0.060.50.240.660.410.660.430.630.740.690.120.820.850.12
0.880.150.510.910.85-0.90.750.530.920.760.330.060.940.390.770.540.660.540.880.840.840.060.950.770.06
0.76-0.371.00.710.62-0.320.790.990.410.580.22-0.10.580.950.650.960.430.540.770.70.66-0.440.610.67-0.44
0.99-0.130.760.980.89-0.720.960.780.770.810.360.070.910.680.850.780.630.880.770.940.94-0.190.920.87-0.19
0.97-0.140.670.970.97-0.680.940.720.720.920.490.210.820.60.910.750.740.840.70.940.98-0.160.930.95-0.16
0.96-0.190.640.960.98-0.670.920.70.710.910.520.220.830.580.850.740.690.840.660.940.98-0.220.910.94-0.23
-0.190.91-0.45-0.15-0.16-0.29-0.27-0.50.23-0.19-0.29-0.170.03-0.620.11-0.520.120.06-0.44-0.19-0.16-0.22-0.02-0.191.0
0.920.080.590.930.92-0.790.820.620.820.790.30.10.870.470.830.620.820.950.610.920.930.91-0.020.92-0.02
0.89-0.120.650.880.93-0.560.840.710.590.830.390.130.70.580.830.70.850.770.670.870.950.94-0.190.92-0.19
-0.20.91-0.44-0.16-0.17-0.28-0.27-0.50.22-0.2-0.3-0.20.02-0.610.1-0.520.120.06-0.44-0.19-0.16-0.231.0-0.02-0.19
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TS Communications Account Relationship Matchups

TS Communications fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.6B1.7B2.0B1.2B
Other Current Liab31.0M658.9K1.3M3.1M2.6M2.5M
Total Current Liabilities132.1M139.1M216.7M287.6M417.8M438.7M
Total Stockholder Equity1.3B1.2B1.3B1.4B1.5B987.4M
Property Plant And Equipment Net226.2M227.6M221.3M195.6M201.6M163.5M
Net Debt(523.7M)(542.4M)(259.0M)(370.0M)(333.0M)(349.7M)
Retained Earnings435.5M433.0M535.2M577.6M725.3M369.2M
Accounts Payable89.0M99.0M136.8M197.5M250.6M263.1M
Cash534.8M543.8M259.8M370.3M473.2M408.9M
Non Current Assets Total502.5M346.2M435.6M365.1M305.3M268.7M
Non Currrent Assets Other211.2M54.5M145.3M105.8M23.5M22.3M
Cash And Short Term Investments534.8M543.8M458.4M604.0M694.6M436.9M
Net Receivables163.5M205.5M287.3M428.1M478.9M502.8M
Liabilities And Stockholders Equity1.4B1.4B1.6B1.7B1.9B1.1B
Inventory155.9M163.5M219.4M204.9M307.3M322.7M
Other Current Assets75.1M92.8M153.3M75.3M147.7M106.3M
Other Stockholder Equity512.4M512.4M411.4M441.7M508.0M373.8M
Total Liab144.1M153.5M231.9M304.3M433.6M455.3M
Total Current Assets929.3M1.0B1.1B1.3B1.7B904.4M
Property Plant Equipment225.9M236.3M226.2M227.6M261.7M146.3M
Short Long Term Debt Total11.1M1.4M845.8K293.1K263.8K250.6K
Other Liab18.8M14.5M12.0M13.4M15.5M10.6M
Non Current Liabilities Total12.0M14.3M15.2M16.7M15.8M11.4M
Short Term Debt11.1M542.5K552.7K293.1K263.8K250.6K
Intangible Assets55.5M53.2M50.7M48.3M46.7M52.7M
Net Tangible Assets1.2B1.2B1.1B1.2B1.4B1.1B
Deferred Long Term Liab424.2K307.7K262.3K713.4K642.1K519.4K
Short Term Investments61.6M88.0M198.6M233.7M254.5M157.5M
Net Invested Capital1.3B1.2B1.3B1.4B1.5B1.4B
Net Working Capital797.1M866.5M901.8M1.0B1.3B1.1B
Current Deferred Revenue1.1M38.9M78.0M86.7M99.7M104.7M
Property Plant And Equipment Gross364.4M382.6M221.3M410.8M201.6M257.6M
Accumulated Other Comprehensive Income96.7M110.2M133.3M115.0M132.2M119.6M

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Other Information on Investing in 300570 Stock

Balance Sheet is a snapshot of the financial position of TS Communications at a specified time, usually calculated after every quarter, six months, or one year. TS Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TS Communications 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 300570 currently owns. An asset can also be divided into two categories, current and non-current.