Tamawood Total Assets vs Net Receivables Analysis

TWD Stock   2.70  0.02  0.74%   
Tamawood financial indicator trend analysis is much more than just breaking down Tamawood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamawood is a good investment. Please check the relationship between Tamawood Total Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamawood. 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamawood Total Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tamawood's Total Assets and Net Receivables is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tamawood, assuming nothing else is changed. The correlation between historical values of Tamawood's Total Assets and Net Receivables 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 Assets of Tamawood are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Tamawood's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Tamawood 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 Tamawood 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.

Net Receivables

Most indicators from Tamawood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamawood 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 Tamawood. 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.
Selling General Administrative is likely to gain to about 8.1 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income4.4M798K12.6M7.3M
Other Operating Expenses84.3M75.7M72.8M87.4M

Tamawood fundamental ratios Correlations

-0.570.560.970.53-0.020.740.32-0.470.520.97-0.620.520.750.770.840.570.630.90.860.880.780.320.620.78-0.71
-0.57-0.59-0.410.040.38-0.37-0.170.41-0.17-0.640.16-0.17-0.36-0.57-0.2-0.090.07-0.65-0.22-0.84-0.38-0.47-0.18-0.170.2
0.56-0.590.560.060.280.330.30.150.070.55-0.250.070.460.390.30.160.390.540.510.640.310.50.250.57-0.27
0.97-0.410.560.610.20.760.32-0.330.550.9-0.570.550.750.740.910.640.810.870.960.810.820.260.560.9-0.7
0.530.040.060.610.270.530.17-0.490.410.44-0.230.410.720.50.630.560.640.470.650.350.6-0.080.230.55-0.37
-0.020.380.280.20.27-0.1-0.160.690.09-0.170.070.090.2-0.150.10.130.65-0.090.44-0.10.15-0.18-0.110.50.1
0.74-0.370.330.760.53-0.10.54-0.550.520.8-0.380.520.450.840.860.620.60.90.650.670.650.510.430.57-0.66
0.32-0.170.30.320.17-0.160.54-0.29-0.430.41-0.34-0.430.260.320.440.610.240.490.220.250.280.370.360.35-0.6
-0.470.410.15-0.33-0.490.69-0.55-0.29-0.26-0.540.25-0.26-0.39-0.57-0.43-0.310.07-0.53-0.14-0.45-0.42-0.14-0.27-0.010.39
0.52-0.170.070.550.410.090.52-0.43-0.260.48-0.131.00.260.560.530.080.450.460.530.450.40.170.160.32-0.16
0.97-0.640.550.90.44-0.170.80.41-0.540.48-0.660.480.670.770.80.530.510.920.740.890.680.460.680.66-0.75
-0.620.16-0.25-0.57-0.230.07-0.38-0.340.25-0.13-0.66-0.13-0.4-0.32-0.46-0.32-0.31-0.46-0.44-0.42-0.29-0.14-0.99-0.440.87
0.52-0.170.070.550.410.090.52-0.43-0.261.00.48-0.130.260.560.530.080.450.460.530.450.40.170.160.32-0.16
0.75-0.360.460.750.720.20.450.26-0.390.260.67-0.40.260.520.590.350.560.590.730.640.680.020.360.66-0.39
0.77-0.570.390.740.5-0.150.840.32-0.570.560.77-0.320.560.520.760.480.490.840.640.770.680.320.350.54-0.55
0.84-0.20.30.910.630.10.860.44-0.430.530.8-0.460.530.590.760.750.820.830.880.620.820.20.460.83-0.71
0.57-0.090.160.640.560.130.620.61-0.310.080.53-0.320.080.350.480.750.640.630.650.410.620.160.340.7-0.67
0.630.070.390.810.640.650.60.240.070.450.51-0.310.450.560.490.820.640.580.920.420.710.050.290.92-0.48
0.9-0.650.540.870.47-0.090.90.49-0.530.460.92-0.460.460.590.840.830.630.580.740.910.780.520.480.69-0.69
0.86-0.220.510.960.650.440.650.22-0.140.530.74-0.440.530.730.640.880.650.920.740.670.830.110.410.96-0.59
0.88-0.840.640.810.35-0.10.670.25-0.450.450.89-0.420.450.640.770.620.410.420.910.670.740.410.430.6-0.51
0.78-0.380.310.820.60.150.650.28-0.420.40.68-0.290.40.680.680.820.620.710.780.830.74-0.070.240.8-0.47
0.32-0.470.50.26-0.08-0.180.510.37-0.140.170.46-0.140.170.020.320.20.160.050.520.110.41-0.070.230.09-0.32
0.62-0.180.250.560.23-0.110.430.36-0.270.160.68-0.990.160.360.350.460.340.290.480.410.430.240.230.4-0.87
0.78-0.170.570.90.550.50.570.35-0.010.320.66-0.440.320.660.540.830.70.920.690.960.60.80.090.4-0.6
-0.710.2-0.27-0.7-0.370.1-0.66-0.60.39-0.16-0.750.87-0.16-0.39-0.55-0.71-0.67-0.48-0.69-0.59-0.51-0.47-0.32-0.87-0.6
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Tamawood Account Relationship Matchups

Tamawood fundamental ratios Accounts

201920202021202220232024 (projected)
Total Stockholder Equity16.2M19.4M32.9M32.1M33.1M19.6M
Retained Earnings9.0M8.5M4.4M2.0M(2.6M)(2.4M)
Common Stock Shares Outstanding27.6M28.3M29.7M35.1M36.2M33.6M
Total Assets31.9M38.4M50.7M46.7M48.1M33.9M
Other Current Liab4.1M4.1M5.0M2.9M3.4M2.9M
Total Current Liabilities7.9M8.7M7.8M6.4M7.0M9.2M
Property Plant And Equipment Net5.3M4.9M5.3M3.8M3.0M3.5M
Net Debt(3.3M)622K(245K)(1.6M)(3.2M)(3.4M)
Accounts Payable3.0M3.7M1.9M2.6M2.8M4.4M
Cash8.2M3.8M5.2M5.2M6.1M5.3M
Non Current Assets Total6.6M6.0M16.4M14.9M13.7M7.7M
Non Currrent Assets Other(26K)(9K)(5.1M)(5.5M)(1.0)(0.95)
Cash And Short Term Investments8.2M3.8M5.2M5.2M6.1M5.3M
Net Receivables5.5M5.2M7.0M6.8M7.7M5.9M
Liabilities And Stockholders Equity31.9M38.4M50.7M46.7M48.1M33.9M
Non Current Liabilities Total7.6M10.2M9.9M8.1M7.9M4.4M
Other Current Assets105K1.9M1.7M434K701K462.7K
Total Liab15.5M18.8M17.7M14.5M14.9M13.6M
Property Plant And Equipment Gross5.3M7.8M9.5M8.6M8.2M8.6M
Total Current Assets25.3M32.4M34.3M31.8M34.4M26.1M
Other Liab2.7M3.5M6.6M5.7M6.6M6.9M
Other Assets370K434K1.05.6M5.1M0.95
Inventory11.6M21.4M20.4M19.3M19.9M15.0M
Property Plant Equipment5.3M4.9M5.3M3.8M3.4M3.6M
Short Term Debt749K829K799K796K794K515.4K
Intangible Assets26K9K5.1M5.5M6.4M6.7M
Net Tangible Assets11.8M16.2M19.4M27.8M32.0M33.6M
Long Term Debt Total4.1M3.6M4.2M2.8M3.2M2.3M
Net Invested Capital16.2M19.4M32.9M32.1M33.1M23.5M
Cash And Equivalents38K65K68K63K56.7K53.9K

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