Tungray Historical Balance Sheet
TRSG Stock | 2.02 0.07 3.35% |
Trend analysis of Tungray Technologies Class balance sheet accounts such as Total Stockholder Equity of 10.8 M, Property Plant And Equipment Net of 6.2 M, Current Deferred Revenue of 4.8 M or Retained Earnings of 12.5 M provides information on Tungray Technologies' total assets, liabilities, and equity, which is the actual value of Tungray Technologies to its prevalent stockholders. By breaking down trends over time using Tungray Technologies 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.
Financial Statement Analysis is much more than just reviewing and examining Tungray Technologies 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 Tungray Technologies is a good buy for the upcoming year.
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About Tungray Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Tungray Technologies at a specified time, usually calculated after every quarter, six months, or one year. Tungray Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tungray Technologies 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 Tungray currently owns. An asset can also be divided into two categories, current and non-current.
Tungray Technologies Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Tungray Technologies 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 Tungray Technologies 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 Tungray Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tungray Technologies Class 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.Most accounts from Tungray Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tungray Technologies 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 Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Tungray Technologies' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Tungray Technologies' current Long Term Debt is estimated to increase to about 2.2 M, while Other Current Liabilities is projected to decrease to roughly 4.7 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 2.8M | 2.6M | 2.3M | 2.5M | Total Assets | 19.3M | 26.9M | 30.9M | 21.9M |
Tungray Technologies balance sheet Correlations
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Tungray Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Electronic Equipment, Instruments & Components 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 Tungray Technologies. If investors know Tungray 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 Tungray Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 0.07 | Revenue Per Share | Quarterly Revenue Growth 0.147 | Return On Assets |
The market value of Tungray Technologies is measured differently than its book value, which is the value of Tungray that is recorded on the company's balance sheet. Investors also form their own opinion of Tungray Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tungray Technologies' 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 Tungray Technologies' market value can be influenced by many factors that don't directly affect Tungray Technologies' 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 Tungray Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tungray Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungray Technologies' 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.