Tianjin Non Currrent Assets Other vs Inventory Analysis

001206 Stock   17.33  0.53  3.15%   
Tianjin Yiyi financial indicator trend analysis is much more than just breaking down Tianjin Yiyi Hygiene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Yiyi Hygiene is a good investment. Please check the relationship between Tianjin Yiyi Non Currrent Assets Other and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Yiyi Hygiene. 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.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Yiyi Hygiene Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin Yiyi's Non Currrent Assets Other and Inventory is 0.55. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of Tianjin Yiyi Hygiene, assuming nothing else is changed. The correlation between historical values of Tianjin Yiyi's Non Currrent Assets Other and Inventory 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 Currrent Assets Other of Tianjin Yiyi Hygiene are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Currrent Assets Other i.e., Tianjin Yiyi's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from Tianjin Yiyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Yiyi Hygiene 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Yiyi Hygiene. 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.
The current year's Selling General Administrative is expected to grow to about 41.4 M. The current year's Tax Provision is expected to grow to about 32.5 M
 2022 2024 2025 (projected)
Interest Expense140.1K172.6K163.9K
Depreciation And Amortization35.3M40.6M32.4M

Tianjin Yiyi fundamental ratios Correlations

-0.840.080.671.00.99-0.950.960.910.970.990.490.940.88-0.570.98-0.690.940.631.0-0.840.760.95-0.670.990.87
-0.84-0.24-0.35-0.84-0.840.91-0.92-0.94-0.83-0.85-0.39-0.82-0.870.85-0.850.87-0.81-0.28-0.821.0-0.92-0.890.63-0.76-0.86
0.08-0.24-0.150.090.11-0.030.160.250.110.090.55-0.08-0.17-0.040.24-0.24-0.08-0.20.07-0.240.250.10.360.040.15
0.67-0.35-0.150.660.69-0.50.570.620.520.680.580.670.62-0.370.64-0.30.710.990.66-0.350.410.52-0.660.710.62
1.0-0.840.090.660.99-0.950.960.910.970.990.490.930.88-0.570.98-0.690.940.621.0-0.840.770.95-0.670.990.87
0.99-0.840.110.690.99-0.930.980.930.941.00.50.910.89-0.590.98-0.70.920.650.98-0.850.770.93-0.670.980.93
-0.950.91-0.03-0.5-0.95-0.93-0.94-0.88-0.96-0.94-0.34-0.96-0.940.68-0.940.77-0.95-0.46-0.940.91-0.81-0.940.75-0.91-0.84
0.96-0.920.160.570.960.98-0.940.950.920.980.420.880.9-0.690.95-0.80.880.520.94-0.920.860.96-0.650.920.96
0.91-0.940.250.620.910.93-0.880.950.840.930.60.850.87-0.80.91-0.80.860.550.89-0.940.890.89-0.640.860.93
0.97-0.830.110.520.970.94-0.960.920.840.950.390.920.84-0.510.96-0.680.910.490.98-0.830.730.94-0.640.960.79
0.99-0.850.090.680.991.0-0.940.980.930.950.470.910.89-0.60.97-0.710.920.640.98-0.850.780.95-0.670.980.93
0.49-0.390.550.580.490.5-0.340.420.60.390.470.410.24-0.260.55-0.220.440.530.5-0.390.350.32-0.130.50.43
0.94-0.82-0.080.670.930.91-0.960.880.850.920.910.410.94-0.650.92-0.671.00.640.94-0.820.740.88-0.850.920.79
0.88-0.87-0.170.620.880.89-0.940.90.870.840.890.240.94-0.80.85-0.780.940.580.87-0.870.830.89-0.880.840.86
-0.570.85-0.04-0.37-0.57-0.590.68-0.69-0.8-0.51-0.6-0.26-0.65-0.8-0.570.84-0.64-0.3-0.550.85-0.9-0.670.7-0.48-0.7
0.98-0.850.240.640.980.98-0.940.950.910.960.970.550.920.85-0.57-0.710.930.60.97-0.850.770.92-0.650.960.88
-0.690.87-0.24-0.3-0.69-0.70.77-0.8-0.8-0.68-0.71-0.22-0.67-0.780.84-0.71-0.65-0.22-0.670.87-0.98-0.860.54-0.61-0.72
0.94-0.81-0.080.710.940.92-0.950.880.860.910.920.441.00.94-0.640.93-0.650.680.94-0.810.720.86-0.860.930.81
0.63-0.28-0.20.990.620.65-0.460.520.550.490.640.530.640.58-0.30.6-0.220.680.63-0.280.330.47-0.650.680.56
1.0-0.820.070.661.00.98-0.940.940.890.980.980.50.940.87-0.550.97-0.670.940.63-0.820.740.94-0.670.990.83
-0.841.0-0.24-0.35-0.84-0.850.91-0.92-0.94-0.83-0.85-0.39-0.82-0.870.85-0.850.87-0.81-0.28-0.82-0.92-0.890.63-0.77-0.86
0.76-0.920.250.410.770.77-0.810.860.890.730.780.350.740.83-0.90.77-0.980.720.330.74-0.920.89-0.610.690.79
0.95-0.890.10.520.950.93-0.940.960.890.940.950.320.880.89-0.670.92-0.860.860.470.94-0.890.89-0.630.910.85
-0.670.630.36-0.66-0.67-0.670.75-0.65-0.64-0.64-0.67-0.13-0.85-0.880.7-0.650.54-0.86-0.65-0.670.63-0.61-0.63-0.64-0.64
0.99-0.760.040.710.990.98-0.910.920.860.960.980.50.920.84-0.480.96-0.610.930.680.99-0.770.690.91-0.640.83
0.87-0.860.150.620.870.93-0.840.960.930.790.930.430.790.86-0.70.88-0.720.810.560.83-0.860.790.85-0.640.83
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Tianjin Yiyi Account Relationship Matchups

Tianjin Yiyi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets912.3M2.0B2.0B2.0B2.3B1.3B
Short Long Term Debt Total83.4M2.0M5.8M1.7M1.6M1.5M
Other Current Liab35.8M41.0M45.6M48.4K55.7K52.9K
Total Current Liabilities183.5M224.7M188.5M191.4M220.1M206.5M
Total Stockholder Equity712.3M1.7B1.8B1.8B2.0B1.1B
Property Plant And Equipment Net407.8M617.6M632.6M608.4M699.7M440.1M
Net Debt(110.2M)(55.8M)(212.8M)(344.3M)(309.9M)(294.4M)
Retained Earnings343.2M370.4M438.8M420.1M483.1M290.6M
Accounts Payable147.7M179.7M142.3M143.2M164.7M140.3M
Cash55.8M218.6M346.0M269.6M310.0M163.7M
Non Current Assets Total513.3M753.7M798.5M783.9M901.5M554.7M
Non Currrent Assets Other50.2M504.9M106.1M15.0M17.2M16.4M
Cash And Short Term Investments177.5M57.3M686.2M724.7M833.4M875.0M
Common Stock Shares Outstanding99.0M118.8M132.1M184.9M212.6M223.3M
Liabilities And Stockholders Equity685.1M912.3M2.0B2.0B2.3B1.2B
Non Current Liabilities Total16.5M17.5M20.3M18.6M16.7M14.9M
Inventory108.1M172.9M195.7M148.8M171.1M134.4M
Other Current Assets10.0M51.4M10.9M13.0M11.7M11.1M
Other Stockholder Equity286.2M298.3M1.3B1.2B1.4B1.5B
Total Liab200.0M242.2M208.9M210.0M241.5M226.9M
Total Current Assets399.0M1.2B1.2B1.2B1.4B779.9M
Short Term Debt83.4M2.0M4.1M613.5K552.1K524.5K
Intangible Assets52.0M50.8M49.6M48.4M55.7M51.9M
Net Receivables205.2M280.5M255.1M263.7M303.2M256.0M
Short Term Investments1.4M467.6M378.6M468.7M539.0M303.9M
Net Invested Capital712.3M1.7B1.8B1.8B2.0B1.4B
Net Working Capital215.4M989.2M1.0B1.0B1.2B776.0M

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Other Information on Investing in Tianjin Stock

Balance Sheet is a snapshot of the financial position of Tianjin Yiyi Hygiene at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Yiyi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Yiyi 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.