| TAOP Stock | | | USD 0.32 0.02 6.67% |
Taoping financial indicator trend analysis is much more than just breaking down Taoping prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taoping is a good investment. Please check the relationship between Taoping Cash and its Short Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Taoping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
To learn how to invest in Taoping Stock, please use our
How to Invest in Taoping guide.
Cash vs Short Term Debt
Cash vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Taoping Cash account and
Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taoping's Cash and Short Term Debt is 0.92. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Taoping, assuming nothing else is changed. The correlation between historical values of Taoping's Cash and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Taoping are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Taoping's Cash and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Taoping, which is listed under current asset account on Taoping balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Taoping customers. The amounts must be unrestricted with restricted cash listed in a different Taoping 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.
Short Term Debt
Most indicators from Taoping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taoping 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 Taoping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
To learn how to invest in Taoping Stock, please use our
How to Invest in Taoping guide.At this time, Taoping's
Tax Provision is relatively stable compared to the past year. As of 02/16/2025,
Discontinued Operations is likely to grow to about 1.8
M, while
Selling General Administrative is likely to drop slightly above 4.8
M.
Taoping fundamental ratios Correlations
Click cells to compare fundamentals
Taoping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taoping fundamental ratios Accounts
Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to
measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to
predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.