Dongguan Capital Lease Obligations vs Cash Analysis

300976 Stock

59.55 0.85 1.45%

Dongguan Tarry financial indicator trend analysis is much more than just examining Dongguan Tarry Elect latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongguan Tarry Elect is a good investment. Please check the relationship between Dongguan Tarry Capital Lease Obligations and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongguan Tarry Electronics. 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.

Capital Lease Obligations vs Cash

Capital Lease Obligations vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongguan Tarry Elect Capital Lease Obligations account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Dongguan Tarry's Capital Lease Obligations and Cash is 0.72. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash in the same time period over historical financial statements of Dongguan Tarry Electronics, assuming nothing else is changed. The correlation between historical values of Dongguan Tarry's Capital Lease Obligations 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 Capital Lease Obligations of Dongguan Tarry Electronics 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 Capital Lease Obligations i.e., Dongguan Tarry's Capital Lease Obligations and Cash go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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Capital Lease Obligations

Dongguan Tarry Elect capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Dongguan Tarry asset purchases. For example, Dongguan Tarry can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Dongguan Tarry control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Cash

Cash refers to the most liquid asset of Dongguan Tarry Elect, which is listed under current asset account on Dongguan Tarry Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dongguan Tarry customers. The amounts must be unrestricted with restricted cash listed in a different Dongguan Tarry 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 Dongguan Tarry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongguan Tarry Elect 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 Dongguan Tarry Electronics. 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 2, 2024, Tax Provision is expected to decline to about 8.1 M. In addition to that, Selling General Administrative is expected to decline to about 88.1 M

	2021	2022	2023	2024 (projected)
Interest Expense	472.5K	469.8K	1.0M	540.8K
Interest Income	35.3M	33.0M	34.9M	23.5M

Interest Expense Interest Income

Dongguan Tarry fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Good Will
Total Assets		0.19	0.94	1.0	0.97	0.92	0.96	0.97	0.85	0.92	0.99	0.97	0.94	0.94	0.65	0.94	1.0	1.0	1.0	-0.51	0.99	0.74	0.97	0.86	0.96	-0.51
Other Current Liab	0.19		0.26	0.18	0.14	0.29	0.03	0.29	0.63	0.1	0.27	0.07	0.19	0.33	0.8	0.25	0.18	0.14	0.2	-0.77	0.12	0.36	0.4	0.47	0.44	-0.77
Total Current Liabilities	0.94	0.26		0.92	0.97	0.99	0.81	0.99	0.88	0.95	0.91	0.84	1.0	0.98	0.72	1.0	0.92	0.9	0.91	-0.59	0.87	0.81	0.95	0.9	0.95	-0.59
Total Stockholder Equity	1.0	0.18	0.92		0.96	0.9	0.97	0.96	0.84	0.91	0.99	0.98	0.93	0.93	0.63	0.92	1.0	1.0	1.0	-0.5	0.99	0.72	0.97	0.84	0.96	-0.5
Retained Earnings	0.97	0.14	0.97	0.96		0.95	0.9	0.97	0.85	0.97	0.95	0.92	0.98	0.95	0.65	0.98	0.96	0.96	0.95	-0.55	0.94	0.83	0.94	0.85	0.93	-0.55
Accounts Payable	0.92	0.29	0.99	0.9	0.95		0.77	0.98	0.88	0.91	0.89	0.81	0.98	0.95	0.75	0.99	0.9	0.87	0.88	-0.6	0.84	0.81	0.93	0.86	0.94	-0.6
Cash	0.96	0.03	0.81	0.97	0.9	0.77		0.86	0.72	0.83	0.96	1.0	0.82	0.82	0.49	0.81	0.97	0.98	0.97	-0.4	0.99	0.65	0.89	0.72	0.86	-0.4
Non Current Assets Total	0.97	0.29	0.99	0.96	0.97	0.98	0.86		0.89	0.92	0.95	0.89	0.98	0.98	0.74	0.99	0.96	0.94	0.95	-0.58	0.92	0.77	0.98	0.9	0.98	-0.58
Non Currrent Assets Other	0.85	0.63	0.88	0.84	0.85	0.88	0.72	0.89		0.8	0.89	0.75	0.85	0.89	0.94	0.88	0.84	0.81	0.84	-0.87	0.79	0.87	0.93	0.88	0.94	-0.87
Net Receivables	0.92	0.1	0.95	0.91	0.97	0.91	0.83	0.92	0.8		0.89	0.84	0.97	0.95	0.57	0.96	0.91	0.9	0.89	-0.49	0.88	0.77	0.88	0.89	0.88	-0.49
Common Stock Shares Outstanding	0.99	0.27	0.91	0.99	0.95	0.89	0.96	0.95	0.89	0.89		0.97	0.91	0.92	0.71	0.91	0.99	0.99	0.99	-0.61	0.98	0.78	0.98	0.85	0.96	-0.61
Short Term Investments	0.97	0.07	0.84	0.98	0.92	0.81	1.0	0.89	0.75	0.84	0.97		0.85	0.84	0.54	0.84	0.98	0.99	0.98	-0.43	0.99	0.67	0.91	0.74	0.89	-0.43
Non Current Liabilities Total	0.94	0.19	1.0	0.93	0.98	0.98	0.82	0.98	0.85	0.97	0.91	0.85		0.97	0.68	1.0	0.93	0.91	0.91	-0.55	0.88	0.81	0.93	0.88	0.93	-0.55
Inventory	0.94	0.33	0.98	0.93	0.95	0.95	0.82	0.98	0.89	0.95	0.92	0.84	0.97		0.71	0.98	0.93	0.91	0.92	-0.56	0.89	0.73	0.96	0.96	0.97	-0.56
Other Current Assets	0.65	0.8	0.72	0.63	0.65	0.75	0.49	0.74	0.94	0.57	0.71	0.54	0.68	0.71		0.72	0.63	0.6	0.64	-0.95	0.57	0.81	0.79	0.73	0.8	-0.95
Total Liab	0.94	0.25	1.0	0.92	0.98	0.99	0.81	0.99	0.88	0.96	0.91	0.84	1.0	0.98	0.72		0.92	0.9	0.91	-0.58	0.87	0.81	0.94	0.89	0.95	-0.58
Net Invested Capital	1.0	0.18	0.92	1.0	0.96	0.9	0.97	0.96	0.84	0.91	0.99	0.98	0.93	0.93	0.63	0.92		1.0	1.0	-0.5	0.99	0.72	0.97	0.84	0.96	-0.5
Total Current Assets	1.0	0.14	0.9	1.0	0.96	0.87	0.98	0.94	0.81	0.9	0.99	0.99	0.91	0.91	0.6	0.9	1.0		1.0	-0.48	1.0	0.71	0.95	0.83	0.94	-0.48
Capital Stock	1.0	0.2	0.91	1.0	0.95	0.88	0.97	0.95	0.84	0.89	0.99	0.98	0.91	0.92	0.64	0.91	1.0	1.0		-0.51	1.0	0.71	0.97	0.84	0.95	-0.51
Non Current Liabilities Other	-0.51	-0.77	-0.59	-0.5	-0.55	-0.6	-0.4	-0.58	-0.87	-0.49	-0.61	-0.43	-0.55	-0.56	-0.95	-0.58	-0.5	-0.48	-0.51		-0.45	-0.85	-0.65	-0.6	-0.66	1.0
Net Working Capital	0.99	0.12	0.87	0.99	0.94	0.84	0.99	0.92	0.79	0.88	0.98	0.99	0.88	0.89	0.57	0.87	0.99	1.0	1.0	-0.45		0.68	0.94	0.8	0.92	-0.45
Intangible Assets	0.74	0.36	0.81	0.72	0.83	0.81	0.65	0.77	0.87	0.77	0.78	0.67	0.81	0.73	0.81	0.81	0.72	0.71	0.71	-0.85	0.68		0.76	0.65	0.76	-0.85
Property Plant And Equipment Net	0.97	0.4	0.95	0.97	0.94	0.93	0.89	0.98	0.93	0.88	0.98	0.91	0.93	0.96	0.79	0.94	0.97	0.95	0.97	-0.65	0.94	0.76		0.91	1.0	-0.65
Capital Lease Obligations	0.86	0.47	0.9	0.84	0.85	0.86	0.72	0.9	0.88	0.89	0.85	0.74	0.88	0.96	0.73	0.89	0.84	0.83	0.84	-0.6	0.8	0.65	0.91		0.93	-0.6
Property Plant And Equipment Gross	0.96	0.44	0.95	0.96	0.93	0.94	0.86	0.98	0.94	0.88	0.96	0.89	0.93	0.97	0.8	0.95	0.96	0.94	0.95	-0.66	0.92	0.76	1.0	0.93		-0.66
Good Will	-0.51	-0.77	-0.59	-0.5	-0.55	-0.6	-0.4	-0.58	-0.87	-0.49	-0.61	-0.43	-0.55	-0.56	-0.95	-0.58	-0.5	-0.48	-0.51	1.0	-0.45	-0.85	-0.65	-0.6	-0.66

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

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Dongguan Capital Lease Obligations vs Cash Analysis

Capital Lease Obligations vs Cash

Capital Lease Obligations vs Cash Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Cash

Dongguan Tarry fundamental ratios Correlations

Dongguan Tarry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Dongguan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Good Will	- 0.95	Other Current Assets
Non Current Liabilities Other	- 0.95	Other Current Assets
Good Will	- 0.87	Non Currrent Assets Other
Non Current Liabilities Other	- 0.87	Non Currrent Assets Other
Good Will	- 0.85	Intangible Assets
Intangible Assets	- 0.85	Non Current Liabilities Other