Sichuan Short Term Investments vs Long Term Debt Analysis

002466 Stock

37.67 0.52 1.36%

Sichuan Tianqi financial indicator trend analysis is much more than just breaking down Sichuan Tianqi Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Tianqi Lithium is a good investment. Please check the relationship between Sichuan Tianqi Short Term Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Tianqi Lithium. 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.

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Tianqi Lithium Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sichuan Tianqi's Short Term Investments and Long Term Debt is -0.32. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Sichuan Tianqi Lithium, assuming nothing else is changed. The correlation between historical values of Sichuan Tianqi's Short Term Investments 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 Short Term Investments of Sichuan Tianqi Lithium 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 Short Term Investments i.e., Sichuan Tianqi's Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Sichuan Tianqi balance sheet. It contains any investments Sichuan Tianqi Lithium undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sichuan Tianqi Lithium can easily liquidate in the marketplace.

Long Term Debt

Long-term debt is a debt that Sichuan Tianqi Lithium has held for over one year. Long-term debt appears on Sichuan Tianqi Lithium 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 Sichuan Tianqi Lithium 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 Sichuan Tianqi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Tianqi Lithium 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 Sichuan Tianqi Lithium. 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 Tax Provision is expected to grow to about 11.1 B, whereas Selling General Administrative is forecasted to decline to about 154.9 M.

	2021	2022	2023	2024 (projected)
Operating Income	4.2B	33.7B	33.8B	35.5B
Total Revenue	7.7B	40.4B	40.5B	42.5B

Operating Income Total Revenue

Sichuan Tianqi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Tangible Assets	Good Will	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		0.19	0.5	0.87	0.94	0.79	0.98	0.85	0.28	0.82	0.89	0.76	0.67	0.0	0.92	0.96	0.6	-0.48	0.9	0.62	-0.09	0.95	0.31	0.85	0.77	0.83
Other Current Liab	0.19		0.61	-0.15	0.4	-0.33	0.04	-0.15	0.31	0.06	-0.11	-0.2	0.56	0.62	0.4	0.4	0.3	-0.4	0.24	-0.25	0.02	0.37	0.69	-0.13	0.52	0.47
Total Current Liabilities	0.5	0.61		0.1	0.63	-0.07	0.43	0.15	0.77	0.12	0.21	0.02	0.86	0.48	0.65	0.71	0.4	-0.27	0.23	0.0	-0.12	0.67	0.85	0.13	0.69	0.69
Total Stockholder Equity	0.87	-0.15	0.1		0.78	0.98	0.91	0.94	-0.09	0.9	0.97	0.92	0.24	-0.36	0.7	0.74	0.27	-0.37	0.86	0.78	0.0	0.7	-0.17	0.97	0.45	0.54
Other Liab	0.94	0.4	0.63	0.78		0.66	0.89	0.75	0.37	0.75	0.82	0.69	0.68	0.15	0.96	0.97	0.47	-0.63	0.85	0.57	0.05	0.91	0.41	0.76	0.79	0.84
Retained Earnings	0.79	-0.33	-0.07	0.98	0.66		0.85	0.92	-0.18	0.86	0.94	0.91	0.11	-0.45	0.59	0.61	0.23	-0.31	0.8	0.79	0.02	0.59	-0.3	0.94	0.34	0.43
Accounts Payable	0.98	0.04	0.43	0.91	0.89	0.85		0.92	0.22	0.86	0.91	0.78	0.58	-0.12	0.87	0.91	0.51	-0.38	0.88	0.64	-0.05	0.88	0.2	0.92	0.7	0.76
Cash	0.85	-0.15	0.15	0.94	0.75	0.92	0.92		-0.01	0.92	0.88	0.77	0.28	-0.26	0.73	0.72	0.28	-0.37	0.83	0.61	0.19	0.65	-0.09	0.98	0.56	0.56
Other Assets	0.28	0.31	0.77	-0.09	0.37	-0.18	0.22	-0.01		-0.13	0.03	-0.12	0.7	0.65	0.47	0.42	0.4	-0.34	-0.01	-0.1	-0.06	0.4	0.79	-0.09	0.47	0.51
Net Receivables	0.82	0.06	0.12	0.9	0.75	0.86	0.86	0.92	-0.13		0.81	0.69	0.27	-0.23	0.69	0.69	0.29	-0.46	0.86	0.48	0.04	0.64	-0.09	0.96	0.53	0.59
Inventory	0.89	-0.11	0.21	0.97	0.82	0.94	0.91	0.88	0.03	0.81		0.96	0.3	-0.29	0.74	0.79	0.26	-0.35	0.83	0.86	-0.04	0.74	-0.08	0.9	0.44	0.55
Other Current Assets	0.76	-0.2	0.02	0.92	0.69	0.91	0.78	0.77	-0.12	0.69	0.96		0.13	-0.39	0.6	0.65	0.17	-0.29	0.77	0.94	-0.02	0.61	-0.22	0.8	0.26	0.39
Total Liab	0.67	0.56	0.86	0.24	0.68	0.11	0.58	0.28	0.7	0.27	0.3	0.13		0.51	0.76	0.78	0.82	-0.37	0.48	0.09	-0.19	0.84	0.86	0.24	0.86	0.87
Intangible Assets	0.0	0.62	0.48	-0.36	0.15	-0.45	-0.12	-0.26	0.65	-0.23	-0.29	-0.39	0.51		0.28	0.14	0.38	-0.48	-0.04	-0.37	0.18	0.12	0.72	-0.34	0.41	0.35
Common Stock	0.92	0.4	0.65	0.7	0.96	0.59	0.87	0.73	0.47	0.69	0.74	0.6	0.76	0.28		0.94	0.6	-0.64	0.84	0.49	0.12	0.9	0.55	0.7	0.87	0.91
Property Plant Equipment	0.96	0.4	0.71	0.74	0.97	0.61	0.91	0.72	0.42	0.69	0.79	0.65	0.78	0.14	0.94		0.57	-0.49	0.82	0.54	-0.09	0.97	0.5	0.72	0.82	0.86
Long Term Debt	0.6	0.3	0.4	0.27	0.47	0.23	0.51	0.28	0.4	0.29	0.26	0.17	0.82	0.38	0.6	0.57		-0.32	0.56	0.12	-0.21	0.72	0.61	0.25	0.73	0.74
Short Term Investments	-0.48	-0.4	-0.27	-0.37	-0.63	-0.31	-0.38	-0.37	-0.34	-0.46	-0.35	-0.29	-0.37	-0.48	-0.64	-0.49	-0.32		-0.54	-0.21	-0.34	-0.42	-0.3	-0.36	-0.56	-0.58
Net Tangible Assets	0.9	0.24	0.23	0.86	0.85	0.8	0.88	0.83	-0.01	0.86	0.83	0.77	0.48	-0.04	0.84	0.82	0.56	-0.54		0.63	0.12	0.82	0.15	0.84	0.73	0.72
Good Will	0.62	-0.25	0.0	0.78	0.57	0.79	0.64	0.61	-0.1	0.48	0.86	0.94	0.09	-0.37	0.49	0.54	0.12	-0.21	0.63		0.01	0.5	-0.2	0.63	0.16	0.33
Other Stockholder Equity	-0.09	0.02	-0.12	0.0	0.05	0.02	-0.05	0.19	-0.06	0.04	-0.04	-0.02	-0.19	0.18	0.12	-0.09	-0.21	-0.34	0.12	0.01		-0.22	-0.08	0.09	0.24	-0.07
Long Term Investments	0.95	0.37	0.67	0.7	0.91	0.59	0.88	0.65	0.4	0.64	0.74	0.61	0.84	0.12	0.9	0.97	0.72	-0.42	0.82	0.5	-0.22		0.52	0.66	0.82	0.88
Short Long Term Debt	0.31	0.69	0.85	-0.17	0.41	-0.3	0.2	-0.09	0.79	-0.09	-0.08	-0.22	0.86	0.72	0.55	0.5	0.61	-0.3	0.15	-0.2	-0.08	0.52		-0.15	0.66	0.68
Total Current Assets	0.85	-0.13	0.13	0.97	0.76	0.94	0.92	0.98	-0.09	0.96	0.9	0.8	0.24	-0.34	0.7	0.72	0.25	-0.36	0.84	0.63	0.09	0.66	-0.15		0.51	0.55
Treasury Stock	0.77	0.52	0.69	0.45	0.79	0.34	0.7	0.56	0.47	0.53	0.44	0.26	0.86	0.41	0.87	0.82	0.73	-0.56	0.73	0.16	0.24	0.82	0.66	0.51		0.86
Short Term Debt	0.83	0.47	0.69	0.54	0.84	0.43	0.76	0.56	0.51	0.59	0.55	0.39	0.87	0.35	0.91	0.86	0.74	-0.58	0.72	0.33	-0.07	0.88	0.68	0.55	0.86

Click cells to compare fundamentals

Sichuan Tianqi Account Relationship Matchups

Sichuan Tianqi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.6B	42.0B	44.2B	70.8B	73.2B	76.9B
Other Current Liab	886.1M	1.3B	2.8B	185.3M	40.4M	38.4M
Total Current Liabilities	22.3B	26.8B	13.8B	7.6B	6.7B	5.9B
Total Stockholder Equity	7.0B	5.2B	12.8B	48.5B	51.5B	54.1B
Other Liab	655.9M	986.4M	1.5B	1.4B	1.6B	1.7B
Retained Earnings	(495.9M)	(2.3B)	(255.2M)	23.0B	25.4B	26.7B
Accounts Payable	1.8B	1.0B	1.0B	2.7B	2.5B	2.6B
Cash	4.4B	994.1M	2.0B	12.5B	9.6B	10.1B
Other Assets	508.1M	896.6M	959.9M	213.0M	244.9M	346.4M
Net Receivables	984.9M	232.7M	3.3B	7.4B	4.3B	4.5B
Inventory	917.0M	851.0M	871.8M	2.1B	3.2B	3.3B
Other Current Assets	54.3M	41.1M	316.2M	737.7M	2.1B	2.3B
Total Liab	37.7B	34.6B	26.0B	17.8B	19.0B	12.1B
Intangible Assets	3.1B	3.3B	3.1B	202.1M	308.3M	292.8M
Property Plant Equipment	6.4B	10.5B	11.0B	10.7B	12.3B	12.9B
Long Term Debt	14.4B	6.3B	10.6B	8.3B	9.5B	6.6B
Short Term Investments	13.6M	47.9M	4.1M	14.8M	13.3M	13.9M
Net Tangible Assets	6.7B	3.4B	1.5B	9.2B	10.6B	11.2B
Other Stockholder Equity	(875.1M)	(789.0M)	(710.6M)	(749.1M)	(674.2M)	(707.9M)
Short Long Term Debt	3.2B	2.7B	2.2B	98.9M	337.4M	320.5M
Total Current Assets	6.4B	2.9B	6.5B	26.0B	19.6B	20.6B
Non Current Assets Total	40.2B	39.2B	37.7B	44.9B	53.6B	37.6B
Non Currrent Assets Other	78.6M	70.3M	92.9M	76.8M	62.0M	98.8M
Non Current Liabilities Total	15.4B	7.8B	12.3B	10.2B	12.3B	12.8B
Non Current Liabilities Other	326.9M	408.6M	340.5M	259.9M	324.0M	298.3M
Net Invested Capital	24.5B	14.3B	25.6B	56.9B	61.4B	37.1B
Net Working Capital	(15.9B)	(24.0B)	(7.3B)	18.4B	13.0B	13.6B
Net Debt	13.1B	8.1B	10.8B	293.6M	264.2M	251.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Sichuan Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Sichuan Short Term Investments vs Long Term Debt Analysis

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Short Term Investments

Long Term Debt

Sichuan Tianqi fundamental ratios Correlations

Sichuan Tianqi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sichuan Tianqi fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Sichuan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash
Inventory	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Total Stockholder Equity
Property Plant Equipment	+ 0.97	Other Liab

Short Term Investments	- 0.64	Common Stock
Short Term Investments	- 0.63	Other Liab
Short Term Debt	- 0.58	Short Term Investments
Treasury Stock	- 0.56	Short Term Investments
Net Tangible Assets	- 0.54	Short Term Investments
Short Term Investments	- 0.49	Property Plant Equipment