Tantech Non Current Liabilities Total vs Property Plant And Equipment Gross Analysis
TANH Stock | USD 0.15 0.01 6.25% |
Tantech Holdings financial indicator trend analysis is much more than just breaking down Tantech Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tantech Holdings is a good investment. Please check the relationship between Tantech Holdings Non Current Liabilities Total and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors. For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.
Non Current Liabilities Total vs Property Plant And Equipment Gross
Non Current Liabilities Total vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tantech Holdings Non Current Liabilities Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tantech Holdings' Non Current Liabilities Total and Property Plant And Equipment Gross is 0.22. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Tantech Holdings, assuming nothing else is changed. The correlation between historical values of Tantech Holdings' Non Current Liabilities Total and Property Plant And Equipment Gross 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 Liabilities Total of Tantech Holdings are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Liabilities Total i.e., Tantech Holdings' Non Current Liabilities Total and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Property Plant And Equipment Gross
Most indicators from Tantech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tantech 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors. For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.As of now, Tantech Holdings' Issuance Of Capital Stock is increasing as compared to previous years. The Tantech Holdings' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Selling General Administrative is projected to decrease to under 5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 740.4K | 602.0K | 421.1K | 567.7K | Depreciation And Amortization | 1.4M | 700.3K | 447.2K | 749.5K |
Tantech Holdings fundamental ratios Correlations
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Tantech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tantech Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 115.5M | 116.3M | 134.5M | 134.1M | 141.7M | 119.8M | |
Short Long Term Debt Total | 7.4M | 8.7M | 12.9M | 9.3M | 9.5M | 8.3M | |
Other Current Liab | 3.2M | 6.0M | 4.0M | 5.5M | 5.7M | 4.7M | |
Total Current Liabilities | 19.1M | 16.8M | 21.8M | 13.5M | 17.6M | 20.1M | |
Total Stockholder Equity | 90.2M | 98.9M | 114.3M | 118.1M | 125.7M | 95.9M | |
Property Plant And Equipment Net | 2.7M | 2.5M | 2.4M | 3.1M | 2.4M | 2.3M | |
Current Deferred Revenue | 7.0M | 3.2M | 3.6M | 1.8M | 1.2M | 2.1M | |
Net Debt | (5.1M) | (28.4M) | (30.3M) | (9.7M) | (19.6M) | (18.6M) | |
Retained Earnings | 52.1M | 45.5M | 36.7M | 39.1M | 44.7M | 48.3M | |
Accounts Payable | 1.7M | 1.5M | 1.6M | 2.1M | 2.3M | 2.3M | |
Cash | 12.4M | 37.1M | 43.1M | 19.0M | 29.1M | 15.9M | |
Non Current Assets Total | 47.3M | 34.4M | 28.7M | 27.4M | 26.0M | 34.8M | |
Cash And Short Term Investments | 12.4M | 37.1M | 43.1M | 19.0M | 29.1M | 15.9M | |
Net Receivables | 39.4M | 34.4M | 55.3M | 84.0M | 84.3M | 53.4M | |
Common Stock Shares Outstanding | 120.2K | 123.2K | 172.9K | 1.0M | 2.8M | 2.9M | |
Liabilities And Stockholders Equity | 115.5M | 116.3M | 134.5M | 134.1M | 141.7M | 119.8M | |
Non Current Liabilities Total | 1.8M | 13.4M | 223.3K | 4.7M | 1.1M | 1.0M | |
Inventory | 595.6K | 671.3K | 1.1M | 898.7K | 1.2M | 1.1M | |
Other Current Assets | 15.8M | 9.7M | 6.3M | 2.8M | 1.0M | 951.3K | |
Total Liab | 20.9M | 16.8M | 22.0M | 18.2M | 18.7M | 21.5M | |
Property Plant And Equipment Gross | 2.7M | 2.5M | 8.0M | 8.4M | 3.8M | 6.0M | |
Total Current Assets | 68.2M | 81.9M | 105.8M | 106.8M | 115.7M | 84.6M | |
Accumulated Other Comprehensive Income | (1.2M) | 4.9M | 7.9M | (752.3K) | (5.0M) | (4.7M) | |
Short Term Debt | 7.4M | 8.7M | 12.6M | 4.7M | 8.4M | 7.6M | |
Intangible Assets | 13.0M | 664.0K | 206.0K | 184.8K | 212.1K | 201.5K | |
Property Plant Equipment | 3.2M | 2.7M | 2.5M | 2.4M | 2.2M | 2.1M | |
Net Tangible Assets | 77.9M | 77.2M | 98.2M | 114.1M | 131.2M | 84.2M | |
Non Currrent Assets Other | 8.6M | 7.7M | 5.8M | (27.4M) | 212.1K | 201.5K | |
Other Assets | 20.9M | 18.4M | 7.7M | 5.8M | 6.6M | 12.8M | |
Short Long Term Debt | 7.1M | 8.7M | 12.5M | 4.5M | 8.3M | 7.3M | |
Long Term Investments | 23.9M | 25.5M | 26.1M | 24.1M | 23.4M | 22.4M | |
Net Invested Capital | 97.3M | 107.5M | 126.8M | 126.0M | 134.0M | 128.3M | |
Net Working Capital | 49.0M | 65.1M | 84.0M | 93.2M | 98.1M | 78.6M |
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When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors. For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tantech Holdings. If investors know Tantech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tantech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.309 | Earnings Share 2.02 | Revenue Per Share 17.098 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0083 |
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.