Shanxi Tond Chemical Stock Current Asset

002360 Stock   4.92  0.07  1.40%   
Shanxi Tond Chemical fundamentals help investors to digest information that contributes to Shanxi Tond's financial success or failures. It also enables traders to predict the movement of Shanxi Stock. The fundamental analysis module provides a way to measure Shanxi Tond's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shanxi Tond stock.
At present, Shanxi Tond's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3.1 B, whereas Total Current Assets are forecasted to decline to about 826.2 M.
  
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Shanxi Tond Chemical Company Current Asset Analysis

Shanxi Tond's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Shanxi Total Assets

Total Assets

4.1 Billion

At present, Shanxi Tond's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Shanxi Tond Chemical has a Current Asset of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The current asset for all China stocks is 100.0% higher than that of the company.

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Shanxi Fundamentals

About Shanxi Tond Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shanxi Tond Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shanxi Tond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shanxi Tond Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Shanxi Stock

Shanxi Tond financial ratios help investors to determine whether Shanxi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shanxi with respect to the benefits of owning Shanxi Tond security.