Taiji Total Current Liabilities vs Long Term Debt Analysis

002368 Stock   24.61  0.05  0.20%   
Taiji Computer financial indicator trend analysis is much more than just breaking down Taiji Computer Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiji Computer Corp is a good investment. Please check the relationship between Taiji Computer Total Current Liabilities and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiji Computer Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Long Term Debt

Total Current Liabilities vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiji Computer Corp Total Current Liabilities account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Taiji Computer's Total Current Liabilities and Long Term Debt is 0.68. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Taiji Computer Corp, assuming nothing else is changed. The correlation between historical values of Taiji Computer's Total Current Liabilities and Long Term Debt 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 Current Liabilities of Taiji Computer Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Liabilities i.e., Taiji Computer's Total Current Liabilities and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Taiji Computer balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taiji Computer Corp 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.

Long Term Debt

Long-term debt is a debt that Taiji Computer Corp has held for over one year. Long-term debt appears on Taiji Computer Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Taiji Computer Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Taiji Computer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiji Computer Corp 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 Taiji Computer Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 359.6 M, whereas Tax Provision is forecasted to decline to about 9.9 M.
 2021 2022 2023 2024 (projected)
Operating Income674.2M628.4M589.3M368.8M
Total Revenue10.5B10.6B9.2B6.1B

Taiji Computer fundamental ratios Correlations

0.341.00.950.990.870.890.70.910.920.120.990.950.890.730.86-0.20.90.51-0.770.950.630.90.690.690.18
0.340.360.190.30.00.50.040.410.220.770.380.320.190.510.240.44-0.05-0.55-0.250.210.68-0.010.480.5-0.39
1.00.360.930.980.870.880.670.930.930.131.00.940.880.690.84-0.190.890.5-0.760.960.620.890.680.680.17
0.950.190.930.970.830.780.720.840.840.050.910.960.880.710.89-0.280.910.6-0.760.870.50.870.540.530.26
0.990.30.980.970.860.860.690.880.90.130.980.950.90.740.88-0.220.920.54-0.790.930.630.90.660.660.21
0.870.00.870.830.860.750.770.780.97-0.180.870.80.920.540.77-0.610.90.8-0.780.940.280.950.510.510.27
0.890.50.880.780.860.750.720.770.820.210.910.810.80.690.7-0.060.720.29-0.630.870.740.790.890.890.07
0.70.040.670.720.690.770.720.570.74-0.130.680.630.830.420.5-0.480.730.61-0.590.740.30.790.490.480.26
0.910.410.930.840.880.780.770.570.850.130.920.850.790.540.8-0.160.750.4-0.70.860.530.770.520.520.34
0.920.220.930.840.90.970.820.740.850.030.920.830.940.640.78-0.50.870.67-0.850.970.450.920.590.580.18
0.120.770.130.050.13-0.180.21-0.130.130.030.140.140.040.370.070.36-0.13-0.46-0.21-0.010.63-0.160.170.19-0.45
0.990.381.00.910.980.870.910.680.920.920.140.930.880.720.83-0.170.880.47-0.760.960.650.890.730.730.16
0.950.320.940.960.950.80.810.630.850.830.140.930.840.790.85-0.180.840.47-0.720.850.540.80.60.60.09
0.890.190.880.880.90.920.80.830.790.940.040.880.840.710.77-0.530.860.67-0.90.890.450.890.550.540.24
0.730.510.690.710.740.540.690.420.540.640.370.720.790.710.7-0.090.540.18-0.730.590.610.510.640.65-0.23
0.860.240.840.890.880.770.70.50.80.780.070.830.850.770.7-0.270.770.52-0.710.770.480.760.50.50.2
-0.20.44-0.19-0.28-0.22-0.61-0.06-0.48-0.16-0.50.36-0.17-0.18-0.53-0.09-0.27-0.41-0.790.5-0.360.4-0.470.170.18-0.25
0.9-0.050.890.910.920.90.720.730.750.87-0.130.880.840.860.540.77-0.410.76-0.720.920.410.970.530.520.34
0.51-0.550.50.60.540.80.290.610.40.67-0.460.470.470.670.180.52-0.790.76-0.570.62-0.120.760.050.030.42
-0.77-0.25-0.76-0.76-0.79-0.78-0.63-0.59-0.7-0.85-0.21-0.76-0.72-0.9-0.73-0.710.5-0.72-0.57-0.76-0.44-0.71-0.39-0.39-0.13
0.950.210.960.870.930.940.870.740.860.97-0.010.960.850.890.590.77-0.360.920.62-0.760.510.960.680.680.21
0.630.680.620.50.630.280.740.30.530.450.630.650.540.450.610.480.40.41-0.12-0.440.510.40.730.74-0.11
0.9-0.010.890.870.90.950.790.790.770.92-0.160.890.80.890.510.76-0.470.970.76-0.710.960.40.60.590.35
0.690.480.680.540.660.510.890.490.520.590.170.730.60.550.640.50.170.530.05-0.390.680.730.61.0-0.02
0.690.50.680.530.660.510.890.480.520.580.190.730.60.540.650.50.180.520.03-0.390.680.740.591.0-0.04
0.18-0.390.170.260.210.270.070.260.340.18-0.450.160.090.24-0.230.2-0.250.340.42-0.130.21-0.110.35-0.02-0.04
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Taiji Computer Account Relationship Matchups

Taiji Computer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B13.5B17.1B15.9B16.2B8.8B
Other Current Liab2.4B3.0B4.3B205.0M177.2M168.4M
Total Current Liabilities6.4B8.3B12.1B10.5B10.4B5.6B
Total Stockholder Equity3.2B3.5B3.7B4.2B5.2B2.7B
Retained Earnings1.7B2.0B2.2B2.3B2.5B1.3B
Accounts Payable2.8B4.7B6.7B7.0B7.3B7.6B
Cash2.2B2.8B2.9B2.5B1.7B1.7B
Other Assets207.4M310.1M333.0M349.8M402.2M422.3M
Net Receivables3.7B2.4B6.6B4.4B4.7B2.9B
Inventory1.6B2.5B3.8B3.1B3.2B3.4B
Other Current Assets420.4M480.4M499.0M29.3M30.7M29.2M
Total Liab7.2B9.7B13.2B11.4B10.7B6.0B
Property Plant Equipment916.9M1.1B1.2B1.3B1.5B1.5B
Other Liab56.7M60.8M107.9M54.1M62.2M50.0M
Intangible Assets821.0M882.1M984.9M1.1B1.2B782.6M
Net Tangible Assets2.0B2.3B2.3B3.0B3.4B2.1B
Deferred Long Term Liab20.1M19.8M20.0M244.4M281.1M295.1M
Total Current Assets7.9B10.6B13.8B12.3B12.5B9.9B
Non Current Assets Total2.8B3.0B3.3B3.6B3.7B3.1B
Non Currrent Assets Other2.0B2.4B71.7K295.0K265.5K252.2K
Long Term Debt804.2M1.3B966.1M850.1M233M221.4M
Non Current Liabilities Total865.0M1.4B1.1B900.6M280.2M266.2M
Short Long Term Debt1.1B360M730.7M883.2M890.7M786.3M
Common Stock Shares Outstanding577.9M579.6M579.7M591.7M623.2M646.6M
Net Invested Capital5.1B5.2B5.4B5.9B6.3B5.5B
Net Working Capital1.5B2.2B1.7B1.8B2.0B1.8B
Capital Stock412.8M579.6M579.7M591.7M623.2M587.1M

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Other Information on Investing in Taiji Stock

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