Thunder Net Debt vs Total Liab Analysis
AIEV Stock | 0.27 0.02 6.90% |
Thunder Power financial indicator trend analysis is much more than just breaking down Thunder Power Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Power Holdings, is a good investment. Please check the relationship between Thunder Power Net Debt and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunder Power Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Net Debt vs Total Liab
Net Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Power Holdings, Net Debt account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thunder Power's Net Debt and Total Liab is 0.74. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Thunder Power Holdings,, assuming nothing else is changed. The correlation between historical values of Thunder Power's Net Debt and Total 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 Net Debt of Thunder Power Holdings, are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Thunder Power's Net Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 indicators from Thunder Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunder Power Holdings, 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 Thunder Power Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Thunder Power's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 35.50 in 2024, whereas Enterprise Value is likely to drop slightly above 77.6 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 119.8K | 65.9K | 59.3K | 74.3K | Total Operating Expenses | 939.5K | 508.4K | 1.2M | 989.1K |
Thunder Power fundamental ratios Correlations
Click cells to compare fundamentals
Thunder Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Thunder Stock Analysis
When running Thunder Power's price analysis, check to measure Thunder Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thunder Power is operating at the current time. Most of Thunder Power's value examination focuses on studying past and present price action to predict the probability of Thunder Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Power's price. Additionally, you may evaluate how the addition of Thunder Power to your portfolios can decrease your overall portfolio volatility.