TuanChe Total Current Assets vs Short Term Debt Analysis
TC Stock | USD 0.86 0.05 5.49% |
TuanChe ADR financial indicator trend analysis is much more than just breaking down TuanChe ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TuanChe ADR is a good investment. Please check the relationship between TuanChe ADR Total Current Assets and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
Total Current Assets vs Short Term Debt
Total Current Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TuanChe ADR Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TuanChe ADR's Total Current Assets and Short Term Debt is -0.6. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of TuanChe ADR, assuming nothing else is changed. The correlation between historical values of TuanChe ADR's Total Current Assets 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 Total Current Assets of TuanChe ADR 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 Total Current Assets i.e., TuanChe ADR's Total Current Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Debt
Most indicators from TuanChe ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TuanChe ADR 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 TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.At present, TuanChe ADR's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 272.3M | 112.7M | 93.4M | 88.8M | Total Revenue | 357.6M | 183.2M | 162.4M | 272.7M |
TuanChe ADR fundamental ratios Correlations
Click cells to compare fundamentals
TuanChe ADR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TuanChe ADR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 567.2M | 474.4M | 353.1M | 235.3M | 119.3M | 113.4M | |
Other Current Liab | 136.2M | 99.9M | 71.3M | 56.8M | 60.7M | 67.1M | |
Total Current Liabilities | 142.1M | 176.2M | 151.8M | 108.6M | 86.8M | 107.3M | |
Total Stockholder Equity | 423.6M | 288.2M | 194.4M | 92.8M | 19.5M | 18.5M | |
Net Tangible Assets | 408.1M | 150.9M | 61.3M | 55.6M | 63.9M | 90.7M | |
Property Plant And Equipment Net | 4.8M | 16.5M | 8.6M | 10.1M | 5.7M | 6.8M | |
Current Deferred Revenue | 4.8M | 25.5M | 19.5M | 5.0M | 5.8M | 5.5M | |
Net Debt | (193.9M) | (105.9M) | (55.0M) | (57.7M) | 15.2M | 16.0M | |
Retained Earnings | (718.7M) | (881.7M) | (983.6M) | (1.2B) | (1.2B) | (1.2B) | |
Accounts Payable | 5.8M | 21.8M | 29.6M | 13.7M | 10.4M | 12.6M | |
Cash | 193.9M | 109.9M | 63.5M | 69.9M | 9.6M | 9.1M | |
Non Current Assets Total | 35.8M | 163.0M | 147.4M | 61.6M | 57.4M | 68.4M | |
Cash And Short Term Investments | 278.2M | 164.3M | 71.1M | 77.9M | 16.2M | 15.3M | |
Net Receivables | 72.4M | 66.1M | 48.0M | 50.0M | 28.9M | 47.0M | |
Common Stock Total Equity | 137K | 201K | 208K | 216K | 248.4K | 180.8K | |
Common Stock Shares Outstanding | 1.2M | 1.3M | 1.3M | 1.3M | 1.7M | 1.1M | |
Short Term Investments | 84.3M | 54.4M | 7.6M | 8.0M | 6.6M | 6.3M | |
Liabilities And Stockholders Equity | 565.0M | 474.4M | 353.1M | 235.3M | 119.3M | 113.4M | |
Non Current Liabilities Total | 2.2M | 11.2M | 8.0M | 33.9M | 13.1M | 12.4M | |
Other Current Assets | 180.8M | 102.5M | 94.3M | 53.8M | 16.9M | 16.1M | |
Other Stockholder Equity | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 990.3M | |
Total Liab | 142.1M | 187.3M | 159.8M | 142.5M | 99.9M | 114.2M | |
Property Plant And Equipment Gross | 20.4M | 16.5M | 8.6M | 22.1M | 25.4M | 12.8M | |
Total Current Assets | 531.4M | 311.4M | 205.7M | 173.7M | 62.0M | 58.9M | |
Accumulated Other Comprehensive Income | 1.0M | (5.8M) | (7.4M) | (8.4M) | (8.3M) | (8.7M) | |
Short Term Debt | 4.8M | 5.9M | 9.6M | 8.4M | 15.7M | 21.3M | |
Common Stock | 208K | 216K | 217K | 270K | 271K | 206.7K | |
Property Plant Equipment | 4.8M | 16.5M | 8.6M | 10.1M | 11.7M | 6.9M | |
Non Currrent Assets Other | 10.3M | 7.6M | 313K | 522K | 469.8K | 446.3K | |
Other Assets | 10.3M | 7.6M | 313K | 522K | 469.8K | 446.3K | |
Net Invested Capital | 423.6M | 288.2M | 201.4M | 105.8M | 95.3M | 90.5M | |
Long Term Investments | 7.9M | 8.9M | 5.4M | 5.4M | 6.2M | 6.0M | |
Net Working Capital | 389.3M | 135.2M | 53.9M | 73.5M | 66.1M | 62.8M | |
Intangible Assets | 10.2M | 15.5M | 21.8M | 17.7M | 20.4M | 14.4M | |
Capital Stock | 208K | 216K | 217K | 270K | 310.5K | 244.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Interactive Media & Services 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 TuanChe ADR. If investors know TuanChe 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 TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.30) | Revenue Per Share 58.91 | Quarterly Revenue Growth (0.65) | Return On Assets (0.52) | Return On Equity (3.08) |
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR's 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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR's 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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR's 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.