Tibet Long Term Investments vs Total Assets Analysis

600338 Stock

11.70 0.27 2.26%

Tibet Summit financial indicator trend analysis is much more than just breaking down Tibet Summit Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tibet Summit Resources is a good investment. Please check the relationship between Tibet Summit Long Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tibet Summit Resources. 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.

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tibet Summit Resources Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tibet Summit's Long Term Investments and Total Assets is 0.88. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Tibet Summit Resources, assuming nothing else is changed. The correlation between historical values of Tibet Summit's Long Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Tibet Summit Resources are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Tibet Summit's Long Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Long Term Investments

Long Term Investments is an item on the asset side of Tibet Summit balance sheet that represents investments Tibet Summit Resources intends to hold for over a year. Tibet Summit Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Assets

Total assets refers to the total amount of Tibet Summit 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 Tibet Summit Resources 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.

Most indicators from Tibet Summit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tibet Summit Resources 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 Tibet Summit Resources. 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 November 29, 2024, Selling General Administrative is expected to decline to about 127.2 M. In addition to that, Tax Provision is expected to decline to about 13.8 M

	2021	2022	2023	2024 (projected)
Operating Income	985.8M	553.7M	115.9M	110.1M
Total Revenue	2.0B	2.0B	1.5B	1.2B

Operating Income Total Revenue

Tibet Summit fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.06	0.97	0.98	0.92	0.61	0.14	-0.04	0.3	0.48	0.71	0.94	0.53	0.91	0.92	-0.22	-0.54	0.09	-0.53	0.93	-0.9	-0.76	0.88	0.37	0.49	0.9
Other Current Liab	0.06		0.0	0.1	0.27	-0.49	0.11	0.39	-0.01	-0.23	-0.41	0.0	-0.38	0.24	0.2	-0.21	-0.17	0.15	0.35	0.19	-0.32	-0.21	0.29	-0.1	-0.02	0.32
Total Current Liabilities	0.97	0.0		0.91	0.84	0.67	0.15	-0.06	0.29	0.41	0.75	0.98	0.49	0.85	0.89	-0.13	-0.52	0.01	-0.61	0.87	-0.86	-0.7	0.81	0.39	0.5	0.84
Total Stockholder Equity	0.98	0.1	0.91		0.93	0.6	0.04	-0.02	0.23	0.51	0.68	0.86	0.57	0.94	0.94	-0.35	-0.54	0.15	-0.49	0.95	-0.91	-0.82	0.88	0.26	0.38	0.9
Retained Earnings	0.92	0.27	0.84	0.93		0.4	0.08	-0.07	0.29	0.39	0.5	0.82	0.5	0.87	0.89	-0.24	-0.58	0.19	-0.25	0.98	-0.92	-0.77	0.9	0.27	0.42	0.97
Accounts Payable	0.61	-0.49	0.67	0.6	0.4		-0.4	-0.26	-0.18	0.42	0.94	0.57	0.75	0.52	0.67	-0.4	-0.2	-0.17	-0.85	0.49	-0.54	-0.66	0.28	-0.13	-0.09	0.34
Cash	0.14	0.11	0.15	0.04	0.08	-0.4		0.04	0.48	0.15	-0.25	0.3	-0.44	-0.01	-0.15	0.5	-0.08	-0.02	0.25	0.06	0.06	0.32	0.31	0.78	0.73	0.16
Other Assets	-0.04	0.39	-0.06	-0.02	-0.07	-0.26	0.04		-0.13	-0.27	-0.11	-0.07	-0.32	0.25	0.03	0.13	-0.34	-0.13	0.06	-0.1	0.06	-0.02	0.2	0.2	-0.09	0.05
Net Receivables	0.3	-0.01	0.29	0.23	0.29	-0.18	0.48	-0.13		0.1	-0.18	0.39	-0.35	0.17	-0.01	0.44	-0.2	0.66	0.19	0.32	-0.01	0.33	0.32	0.52	0.89	0.38
Inventory	0.48	-0.23	0.41	0.51	0.39	0.42	0.15	-0.27	0.1		0.37	0.37	0.41	0.3	0.36	-0.48	0.15	0.05	-0.14	0.47	-0.34	-0.35	0.4	0.11	0.14	0.43
Other Current Assets	0.71	-0.41	0.75	0.68	0.5	0.94	-0.25	-0.11	-0.18	0.37		0.66	0.69	0.65	0.75	-0.31	-0.33	-0.2	-0.89	0.57	-0.6	-0.72	0.47	0.06	0.02	0.44
Total Liab	0.94	0.0	0.98	0.86	0.82	0.57	0.3	-0.07	0.39	0.37	0.66		0.4	0.79	0.81	0.03	-0.5	0.0	-0.53	0.83	-0.8	-0.59	0.8	0.52	0.62	0.83
Intangible Assets	0.53	-0.38	0.49	0.57	0.5	0.75	-0.44	-0.32	-0.35	0.41	0.69	0.4		0.42	0.63	-0.4	-0.13	-0.31	-0.46	0.48	-0.6	-0.72	0.28	-0.16	-0.25	0.35
Common Stock	0.91	0.24	0.85	0.94	0.87	0.52	-0.01	0.25	0.17	0.3	0.65	0.79	0.42		0.93	-0.32	-0.65	0.15	-0.5	0.88	-0.86	-0.81	0.86	0.21	0.31	0.85
Property Plant Equipment	0.92	0.2	0.89	0.94	0.89	0.67	-0.15	0.03	-0.01	0.36	0.75	0.81	0.63	0.93		-0.43	-0.52	-0.03	-0.59	0.89	-0.96	-0.93	0.8	0.09	0.16	0.84
Long Term Debt	-0.22	-0.21	-0.13	-0.35	-0.24	-0.4	0.5	0.13	0.44	-0.48	-0.31	0.03	-0.4	-0.32	-0.43		-0.13	-0.14	0.27	-0.29	0.41	0.63	-0.13	0.68	0.5	-0.17
Other Liab	-0.54	-0.17	-0.52	-0.54	-0.58	-0.2	-0.08	-0.34	-0.2	0.15	-0.33	-0.5	-0.13	-0.65	-0.52	-0.13		-0.12	0.19	-0.54	0.49	0.41	-0.61	-0.31	-0.33	-0.56
Short Term Investments	0.09	0.15	0.01	0.15	0.19	-0.17	-0.02	-0.13	0.66	0.05	-0.2	0.0	-0.31	0.15	-0.03	-0.14	-0.12		0.2	0.25	0.04	0.15	0.16	-0.15	0.42	0.22
Good Will	-0.53	0.35	-0.61	-0.49	-0.25	-0.85	0.25	0.06	0.19	-0.14	-0.89	-0.53	-0.46	-0.5	-0.59	0.27	0.19	0.2		-0.33	0.44	0.56	-0.25	-0.01	0.02	-0.2
Net Tangible Assets	0.93	0.19	0.87	0.95	0.98	0.49	0.06	-0.1	0.32	0.47	0.57	0.83	0.48	0.88	0.89	-0.29	-0.54	0.25	-0.33		-0.89	-0.76	0.9	0.25	0.43	0.97
Other Stockholder Equity	-0.9	-0.32	-0.86	-0.91	-0.92	-0.54	0.06	0.06	-0.01	-0.34	-0.6	-0.8	-0.6	-0.86	-0.96	0.41	0.49	0.04	0.44	-0.89		0.9	-0.78	-0.09	-0.19	-0.86
Deferred Long Term Liab	-0.76	-0.21	-0.7	-0.82	-0.77	-0.66	0.32	-0.02	0.33	-0.35	-0.72	-0.59	-0.72	-0.81	-0.93	0.63	0.41	0.15	0.56	-0.76	0.9		-0.66	0.14	0.16	-0.68
Long Term Investments	0.88	0.29	0.81	0.88	0.9	0.28	0.31	0.2	0.32	0.4	0.47	0.8	0.28	0.86	0.8	-0.13	-0.61	0.16	-0.25	0.9	-0.78	-0.66		0.5	0.53	0.94
Short Long Term Debt	0.37	-0.1	0.39	0.26	0.27	-0.13	0.78	0.2	0.52	0.11	0.06	0.52	-0.16	0.21	0.09	0.68	-0.31	-0.15	-0.01	0.25	-0.09	0.14	0.5		0.76	0.36
Total Current Assets	0.49	-0.02	0.5	0.38	0.42	-0.09	0.73	-0.09	0.89	0.14	0.02	0.62	-0.25	0.31	0.16	0.5	-0.33	0.42	0.02	0.43	-0.19	0.16	0.53	0.76		0.49
Short Term Debt	0.9	0.32	0.84	0.9	0.97	0.34	0.16	0.05	0.38	0.43	0.44	0.83	0.35	0.85	0.84	-0.17	-0.56	0.22	-0.2	0.97	-0.86	-0.68	0.94	0.36	0.49

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Tibet Summit Account Relationship Matchups

Tibet Summit fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	3.8B	4.0B	5.3B	5.5B	5.8B
Other Current Liab	278.6M	820.6M	615.1M	10.8M	11.2M	10.6M
Total Current Liabilities	1.4B	1.6B	1.2B	1.8B	2.2B	2.4B
Total Stockholder Equity	2.8B	2.1B	2.8B	3.5B	3.2B	3.3B
Retained Earnings	2.5B	2.3B	3.0B	3.0B	2.8B	1.9B
Accounts Payable	208.7M	133.4M	114.2M	447.7M	660.7M	693.7M
Cash	205.6M	293.9M	104.4M	58.6M	21.6M	20.5M
Other Assets	37.6M	17.9M	119.9M	22.8M	26.2M	46.6M
Net Receivables	1.5B	64.2M	55.0M	63.7M	34.5M	32.7M
Inventory	162.3M	113.7M	127.8M	208.4M	202.6M	132.3M
Other Current Assets	56.5M	29.0M	42.7M	179.7M	356.1M	373.9M
Total Liab	1.5B	1.7B	1.2B	1.9B	2.3B	2.4B
Intangible Assets	1.5M	1.1M	99.2M	279.3M	151.2M	158.7M
Property Plant Equipment	1.6B	2.0B	3.0B	3.3B	3.8B	4.0B
Net Tangible Assets	2.2B	2.7B	2.1B	2.7B	3.1B	2.1B
Other Stockholder Equity	(699.1M)	(705.6M)	(1.1B)	(1.1B)	(1.0B)	(1.1B)
Deferred Long Term Liab	8.9M	6.4M	3.5M	2.4M	2.2M	2.1M
Total Current Assets	2.1B	632.0M	513.5M	641.0M	708.4M	956.6M
Non Current Assets Total	2.0B	3.1B	3.5B	4.7B	4.8B	3.1B
Non Currrent Assets Other	4.1M	1.4B	1.3B	1.4B	1.4B	773.7M
Non Current Liabilities Total	0.0	110.1M	16.0M	64.1M	23.6M	22.5M
Net Invested Capital	2.7B	2.3B	3.0B	3.7B	3.5B	3.5B
Net Working Capital	706.3M	(994.3M)	(703.9M)	(1.2B)	(1.5B)	(1.5B)

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Other Information on Investing in Tibet Stock

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

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Tibet Long Term Investments vs Total Assets Analysis

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Total Assets

Tibet Summit fundamental ratios Correlations

Tibet Summit Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tibet Summit fundamental ratios Accounts

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Other Information on Investing in Tibet Stock

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Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Net Tangible Assets	+ 0.98	Retained Earnings
Total Current Liabilities	+ 0.97	Total Assets
Short Term Debt	+ 0.97	Retained Earnings
Short Term Debt	+ 0.97	Net Tangible Assets

Other Stockholder Equity	- 0.96	Property Plant Equipment
Deferred Long Term Liab	- 0.93	Property Plant Equipment
Other Stockholder Equity	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.91	Total Stockholder Equity
Other Stockholder Equity	- 0.9	Total Assets
Other Stockholder Equity	- 0.89	Net Tangible Assets