TPL Non Current Liabilities Total vs Non Current Assets Total Analysis

TPLPLASTEH

107.73 0.87 0.81%

TPL Plastech financial indicator trend analysis is much more than just breaking down TPL Plastech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPL Plastech Limited is a good investment. Please check the relationship between TPL Plastech Non Current Liabilities Total and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPL Plastech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TPL Plastech Limited Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between TPL Plastech's Non Current Liabilities Total and Non Current Assets Total is 0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of TPL Plastech Limited, assuming nothing else is changed. The correlation between historical values of TPL Plastech's Non Current Liabilities Total and Non Current Assets Total 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 TPL Plastech Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., TPL Plastech's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Non Current Liabilities Total

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from TPL Plastech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPL Plastech Limited 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 TPL Plastech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative is likely to gain to about 4.9 M in 2024, whereas Tax Provision is likely to drop slightly above 47.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	382.6M	554.4M	502.7M	314.3M
Total Revenue	2.3B	2.7B	3.1B	1.8B

Gross Profit Total Revenue

TPL Plastech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Accounts Payable	Non Currrent Assets Other	Current Deferred Revenue	Other Liab	Net Tangible Assets
Total Assets		0.62	-0.35	0.87	0.81	0.98	0.64	0.94	-0.33	0.98	0.11	0.29	0.57	0.97	0.37	-0.31	0.9	0.99	0.3	0.58	0.84	0.85	0.61	0.21	0.87	0.87
Short Long Term Debt Total	0.62		-0.37	0.79	0.34	0.64	1.0	0.38	0.17	0.67	0.11	-0.03	0.5	0.55	-0.1	-0.16	0.82	0.59	0.85	-0.05	0.7	0.36	0.32	0.5	0.36	0.27
Other Current Liab	-0.35	-0.37		-0.38	-0.33	-0.22	-0.37	-0.34	-0.02	-0.23	-0.09	-0.06	0.25	-0.41	-0.26	0.32	-0.26	-0.41	-0.13	-0.11	-0.45	-0.45	-0.22	-0.17	-0.43	-0.34
Total Current Liabilities	0.87	0.79	-0.38		0.55	0.87	0.79	0.65	0.03	0.88	0.08	-0.01	0.38	0.79	0.16	-0.36	0.97	0.85	0.66	0.15	0.8	0.75	0.35	0.39	0.66	0.53
Total Stockholder Equity	0.81	0.34	-0.33	0.55		0.77	0.36	0.91	-0.63	0.76	0.12	0.63	0.48	0.82	0.41	-0.23	0.6	0.82	-0.02	0.68	0.72	0.79	0.79	-0.16	0.91	0.91
Property Plant And Equipment Net	0.98	0.64	-0.22	0.87	0.77		0.66	0.89	-0.27	0.99	0.05	0.29	0.65	0.92	0.28	-0.24	0.93	0.95	0.35	0.5	0.8	0.79	0.54	0.22	0.82	0.8
Net Debt	0.64	1.0	-0.37	0.79	0.36	0.66		0.4	0.13	0.69	0.13	-0.01	0.51	0.57	-0.08	-0.14	0.82	0.61	0.83	-0.01	0.72	0.38	0.34	0.49	0.38	0.29
Retained Earnings	0.94	0.38	-0.34	0.65	0.91	0.89	0.4		-0.56	0.88	0.14	0.48	0.51	0.94	0.48	-0.27	0.7	0.94	-0.01	0.76	0.76	0.84	0.7	0.01	0.93	0.98
Cash	-0.33	0.17	-0.02	0.03	-0.63	-0.27	0.13	-0.56		-0.24	-0.22	-0.47	-0.25	-0.37	-0.43	-0.36	-0.03	-0.37	0.41	-0.68	-0.28	-0.33	-0.47	0.34	-0.5	-0.62
Non Current Assets Total	0.98	0.67	-0.23	0.88	0.76	0.99	0.69	0.88	-0.24		0.04	0.29	0.66	0.92	0.25	-0.27	0.94	0.94	0.38	0.5	0.82	0.79	0.58	0.21	0.81	0.79
Cash And Short Term Investments	0.11	0.11	-0.09	0.08	0.12	0.05	0.13	0.14	-0.22	0.04		0.08	-0.11	0.11	0.09	-0.18	0.04	0.14	0.16	0.15	0.1	-0.08	0.07	-0.08	0.02	0.1
Common Stock Shares Outstanding	0.29	-0.03	-0.06	-0.01	0.63	0.29	-0.01	0.48	-0.47	0.29	0.08		0.3	0.33	-0.19	0.08	0.07	0.26	-0.24	0.57	0.36	0.24	0.57	-0.6	0.49	0.53
Non Current Liabilities Total	0.57	0.5	0.25	0.38	0.48	0.65	0.51	0.51	-0.25	0.66	-0.11	0.3		0.51	0.08	0.16	0.58	0.51	0.18	0.48	0.42	0.3	0.58	0.04	0.35	0.48
Inventory	0.97	0.55	-0.41	0.79	0.82	0.92	0.57	0.94	-0.37	0.92	0.11	0.33	0.51		0.4	-0.33	0.82	0.97	0.18	0.6	0.8	0.9	0.63	0.2	0.92	0.92
Other Current Assets	0.37	-0.1	-0.26	0.16	0.41	0.28	-0.08	0.48	-0.43	0.25	0.09	-0.19	0.08	0.4		-0.33	0.16	0.43	-0.38	0.38	-0.03	0.51	0.27	0.08	0.44	0.5
Other Stockholder Equity	-0.31	-0.16	0.32	-0.36	-0.23	-0.24	-0.14	-0.27	-0.36	-0.27	-0.18	0.08	0.16	-0.33	-0.33		-0.28	-0.32	-0.12	0.02	-0.11	-0.42	-0.22	-0.19	-0.34	-0.25
Total Liab	0.9	0.82	-0.26	0.97	0.6	0.93	0.82	0.7	-0.03	0.94	0.04	0.07	0.58	0.82	0.16	-0.28		0.87	0.62	0.25	0.81	0.73	0.46	0.35	0.67	0.58
Total Current Assets	0.99	0.59	-0.41	0.85	0.82	0.95	0.61	0.94	-0.37	0.94	0.14	0.26	0.51	0.97	0.43	-0.32	0.87		0.25	0.6	0.83	0.88	0.61	0.21	0.88	0.88
Short Term Debt	0.3	0.85	-0.13	0.66	-0.02	0.35	0.83	-0.01	0.41	0.38	0.16	-0.24	0.18	0.18	-0.38	-0.12	0.62	0.25		-0.45	0.48	0.05	-0.07	0.54	0.02	-0.15
Common Stock	0.58	-0.05	-0.11	0.15	0.68	0.5	-0.01	0.76	-0.68	0.5	0.15	0.57	0.48	0.6	0.38	0.02	0.25	0.6	-0.45		0.46	0.5	0.74	-0.39	0.57	0.81
Net Receivables	0.84	0.7	-0.45	0.8	0.72	0.8	0.72	0.76	-0.28	0.82	0.1	0.36	0.42	0.8	-0.03	-0.11	0.81	0.83	0.48	0.46		0.68	0.6	0.19	0.72	0.69
Accounts Payable	0.85	0.36	-0.45	0.75	0.79	0.79	0.38	0.84	-0.33	0.79	-0.08	0.24	0.3	0.9	0.51	-0.42	0.73	0.88	0.05	0.5	0.68		0.61	0.09	0.91	0.82
Non Currrent Assets Other	0.61	0.32	-0.22	0.35	0.79	0.54	0.34	0.7	-0.47	0.58	0.07	0.57	0.58	0.63	0.27	-0.22	0.46	0.61	-0.07	0.74	0.6	0.61		-0.3	0.64	0.72
Current Deferred Revenue	0.21	0.5	-0.17	0.39	-0.16	0.22	0.49	0.01	0.34	0.21	-0.08	-0.6	0.04	0.2	0.08	-0.19	0.35	0.21	0.54	-0.39	0.19	0.09	-0.3		0.06	-0.03
Other Liab	0.87	0.36	-0.43	0.66	0.91	0.82	0.38	0.93	-0.5	0.81	0.02	0.49	0.35	0.92	0.44	-0.34	0.67	0.88	0.02	0.57	0.72	0.91	0.64	0.06		0.93
Net Tangible Assets	0.87	0.27	-0.34	0.53	0.91	0.8	0.29	0.98	-0.62	0.79	0.1	0.53	0.48	0.92	0.5	-0.25	0.58	0.88	-0.15	0.81	0.69	0.82	0.72	-0.03	0.93

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TPL Plastech Account Relationship Matchups

TPL Plastech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.9B	2.1B	2.2B	2.3B	1.5B
Short Long Term Debt Total	390.9M	285.6M	201.9M	441.2M	315.7M	331.4M
Other Current Liab	35.0M	35.6M	40.2M	45.6M	40.8M	50.0M
Total Current Liabilities	977.1M	844.2M	877.9M	785.9M	770.6M	670.1M
Total Stockholder Equity	865.4M	919.2M	1.0B	1.2B	1.3B	1.4B
Property Plant And Equipment Net	729.6M	727.4M	689.8M	799.7M	850.6M	572.1M
Net Debt	371.0M	282.4M	200.8M	440.3M	314.3M	321.9M
Retained Earnings	699.8M	744.6M	840.3M	953.4M	1.1B	613.5M
Cash	19.8M	3.2M	1.1M	881K	1.4M	1.4M
Non Current Assets Total	766.0M	678.9M	711.6M	821.6M	874.7M	585.2M
Cash And Short Term Investments	46.8M	36.2M	39.5M	48.0M	49.8M	31.0M
Liabilities And Stockholders Equity	2.0B	1.9B	2.1B	2.2B	2.3B	1.5B
Non Current Liabilities Total	158.9M	136.4M	162.4M	304.5M	244.0M	200.0M
Inventory	570.5M	533.1M	570.2M	596.9M	696.8M	353.6M
Other Current Assets	157.2M	219.0M	241.4M	241.5M	64.6M	104.7M
Other Stockholder Equity	(1.1B)	93.2M	(78.0M)	(1K)	61.0M	34.5M
Total Liab	1.1B	980.6M	1.0B	1.1B	1.0B	870.1M
Total Current Assets	1.2B	1.2B	1.4B	1.4B	1.4B	901.2M
Accumulated Other Comprehensive Income	(127.0M)	96.6M	106.7M	44.6M	1.2M	1.3M
Short Term Debt	319.7M	239.1M	126.0M	229.8M	158.4M	255.1M
Net Receivables	460.9M	427.1M	502.5M	541.9M	591.6M	501.3M
Accounts Payable	610.7M	557.2M	702.7M	503.5M	563.7M	505.8M
Non Currrent Assets Other	35.4M	(16.6M)	56.2M	61.5M	62.8M	65.9M
Current Deferred Revenue	44.9M	45.3M	1.9M	51.2M	(1K)	(950.0)
Other Liab	87.7M	89.9M	86.4M	84.4M	97.0M	86.0M
Net Tangible Assets	865.4M	919.2M	1.0B	1.2B	1.3B	816.6M
Other Assets	(1.0)	105.5M	105.6M	1K	35.3M	34.0M
Long Term Debt	71.3M	46.5M	49.9M	156.0M	103.3M	98.4M
Short Long Term Debt	319.6M	179.3M	122.5M	221.1M	148.3M	221.9M
Property Plant Equipment	729.6M	657.3M	689.8M	799.7M	919.7M	698.8M
Short Term Investments	27.0M	32.9M	38.4M	47.1M	48.4M	37.1M
Long Term Debt Total	71.3M	46.5M	75.9M	220.1M	253.1M	265.8M
Net Invested Capital	1.3B	1.1B	1.2B	1.5B	1.6B	1.5B
Net Working Capital	258.4M	376.7M	475.7M	636.9M	672.8M	436.4M

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TPL Non Current Liabilities Total vs Non Current Assets Total Analysis

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Non Current Assets Total

TPL Plastech fundamental ratios Correlations

TPL Plastech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TPL Plastech fundamental ratios Accounts

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Additional Tools for TPL Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Retained Earnings

Common Stock	- 0.68	Cash
Cash	- 0.63	Total Stockholder Equity
Net Tangible Assets	- 0.62	Cash
Current Deferred Revenue	- 0.6	Common Stock Shares Outstanding
Cash	- 0.56	Retained Earnings
Other Liab	- 0.5	Cash