Tian Historical Balance Sheet

TIRX Stock  USD 1.70  0.01  0.59%   
Trend analysis of Tian Ruixiang Holdings balance sheet accounts such as Net Tangible Assets of 40.4 M, Property Plant And Equipment Net of 66.8 K, Net Debt of 52 K or Cash of 2 K provides information on Tian Ruixiang's total assets, liabilities, and equity, which is the actual value of Tian Ruixiang Holdings to its prevalent stockholders. By breaking down trends over time using Tian Ruixiang balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Tian Ruixiang Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tian Ruixiang Holdings is a good buy for the upcoming year.

Tian Ruixiang Inventory

1.25 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang 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 metropolitan statistical area.

About Tian Balance Sheet Analysis

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

Tian Ruixiang Balance Sheet Chart

At this time, Tian Ruixiang's Other Current Liabilities is fairly stable compared to the past year. Total Current Liabilities is likely to rise to about 3.7 M in 2024, whereas Total Assets are likely to drop slightly above 24 M in 2024.

Total Assets

Total assets refers to the total amount of Tian Ruixiang 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 Tian Ruixiang Holdings 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.

Total Current Liabilities

Total Current Liabilities is an item on Tian Ruixiang balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tian Ruixiang Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Short Term Investments

Short Term Investments is an item under the current assets section of Tian Ruixiang balance sheet. It contains any investments Tian Ruixiang Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tian Ruixiang Holdings can easily liquidate in the marketplace.
Most accounts from Tian Ruixiang's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tian Ruixiang Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tian Ruixiang 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 metropolitan statistical area.
At this time, Tian Ruixiang's Other Current Liabilities is fairly stable compared to the past year. Total Current Liabilities is likely to rise to about 3.7 M in 2024, whereas Total Assets are likely to drop slightly above 24 M in 2024.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity33.5M32.4M32.4M22.2M
Total Current Liabilities1.5M3.1M3.5M3.7M

Tian Ruixiang balance sheet Correlations

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0.29-0.080.00.330.240.080.1-0.2-0.09-0.26-0.26-0.090.3-0.26-0.240.050.260.240.060.310.10.410.440.230.09
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0.860.820.910.820.830.19-0.07-0.790.070.770.770.020.860.06-0.77-0.620.430.410.850.840.270.830.80.720.74
1.00.540.741.00.950.54-0.41-0.720.410.780.770.431.00.31-0.83-0.70.370.50.930.840.620.990.990.760.68
0.6-0.160.170.640.550.99-0.910.010.910.470.420.880.590.1-0.61-0.660.540.710.440.270.620.580.610.58-0.02
0.990.560.750.990.960.5-0.35-0.730.360.730.720.360.990.41-0.84-0.720.410.520.940.830.990.581.00.780.65
0.990.510.720.990.950.53-0.38-0.710.380.710.690.390.990.44-0.84-0.720.40.520.920.80.990.611.00.770.63
0.770.460.640.760.730.54-0.32-0.480.320.560.540.20.760.23-0.99-0.970.720.660.710.720.760.580.780.770.26
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Tian Ruixiang Account Relationship Matchups

Tian Ruixiang balance sheet Accounts

201920202021202220232024 (projected)
Total Assets10.1M40.4M35.0M35.5M40.8M24.0M
Other Current Liab362.4K(221.7K)845.6K2.4M2.7M2.9M
Total Current Liabilities1.3M1.1M1.5M3.1M3.5M3.7M
Total Stockholder Equity8.6M39.0M33.5M32.4M32.4M22.2M
Net Tangible Assets7.4M8.5M38.8M33.5M38.5M40.4M
Property Plant And Equipment Net332.2K771.5K152.1K61.2K70.3K66.8K
Net Debt(5.8M)(29.4M)143.0K55.0K49.5K52.0K
Retained Earnings884.1K(1.1M)(5.8M)(8.3M)(7.5M)(7.1M)
Cash6.1M30.0M2.5K2.4K2.1K2.0K
Non Current Assets Total499.9K8.7M172.2K7.9M9.0M9.5M
Non Currrent Assets Other7.4K7.8M20.1K7.8M9.0M9.4M
Other Assets6.6K7.4K7.8M20.1K23.1K21.9K
Cash And Short Term Investments6.1M30.0M26.2M26.8M30.8M16.1M
Net Receivables1.2M320.8K7.8M19.0K21.8K20.7K
Common Stock Shares Outstanding200K344.4K518.7K724.9K633.3K579.0K
Liabilities And Stockholders Equity10.1M40.4M35.0M35.5M40.8M21.9M
Non Current Liabilities Total40.1K133.1K237.8K54.7K3.0M3.2M
Inventory1.6M2.2M1.2M692.7K796.6K1.3M
Other Current Assets2.2M1.3M861.7K107.5K800.2K733.6K
Other Stockholder Equity7.7M39.8M42.7M44.1M50.7M53.3M
Total Liab1.4M1.4M1.5M3.1M3.5M1.8M
Net Invested Capital8.6M39.0M33.5M32.4M37.3M20.4M
Property Plant And Equipment Gross332.2K819.2K197.3K105.9K121.8K115.7K
Total Current Assets9.6M31.6M34.9M27.6M31.8M20.4M
Accumulated Other Comprehensive Income52.7K296.4K(3.4M)(3.4M)(3.1M)(2.9M)
Net Working Capital8.3M30.5M33.4M24.6M28.2M17.5M
Intangible Assets16.7K170.3K160.2K147.5K169.7K117.7K
Property Plant Equipment144.6K332.2K771.5K152.1K174.9K262.8K
Short Long Term Debt Total321.9K661.0K145.5K57.4K51.7K49.1K
Short Term Debt377.6K846.2K181.6K57.4K51.7K49.1K
Capital Lease Obligations321.9K661.0K145.5K57.4K51.7K49.1K

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