Tamawood Total Stockholder Equity vs Non Current Assets Total Analysis

TWD Stock   2.72  0.04  1.45%   
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 Stockholder Equity 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 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 Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamawood Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tamawood's Total Stockholder Equity and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Stockholder Equity 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 Total Stockholder Equity of Tamawood 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 Total Stockholder Equity i.e., Tamawood's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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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