Sichuan Total Liab vs Common Stock Analysis

002466 Stock   37.16  0.03  0.08%   
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 Total Liab and its Common Stock 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.

Total Liab vs Common Stock

Total Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Tianqi Lithium Total Liab account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sichuan Tianqi's Total Liab and Common Stock is 0.76. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock 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 Total Liab and Common Stock 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 Liab of Sichuan Tianqi Lithium are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., Sichuan Tianqi's Total Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock

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 Income4.2B33.7B33.8B35.5B
Total Revenue7.7B40.4B40.5B42.5B

Sichuan Tianqi fundamental ratios Correlations

0.190.50.870.940.790.980.850.280.820.890.760.670.00.920.960.6-0.480.90.62-0.090.950.310.850.770.83
0.190.61-0.150.4-0.330.04-0.150.310.06-0.11-0.20.560.620.40.40.3-0.40.24-0.250.020.370.69-0.130.520.47
0.50.610.10.63-0.070.430.150.770.120.210.020.860.480.650.710.4-0.270.230.0-0.120.670.850.130.690.69
0.87-0.150.10.780.980.910.94-0.090.90.970.920.24-0.360.70.740.27-0.370.860.780.00.7-0.170.970.450.54
0.940.40.630.780.660.890.750.370.750.820.690.680.150.960.970.47-0.630.850.570.050.910.410.760.790.84
0.79-0.33-0.070.980.660.850.92-0.180.860.940.910.11-0.450.590.610.23-0.310.80.790.020.59-0.30.940.340.43
0.980.040.430.910.890.850.920.220.860.910.780.58-0.120.870.910.51-0.380.880.64-0.050.880.20.920.70.76
0.85-0.150.150.940.750.920.92-0.010.920.880.770.28-0.260.730.720.28-0.370.830.610.190.65-0.090.980.560.56
0.280.310.77-0.090.37-0.180.22-0.01-0.130.03-0.120.70.650.470.420.4-0.34-0.01-0.1-0.060.40.79-0.090.470.51
0.820.060.120.90.750.860.860.92-0.130.810.690.27-0.230.690.690.29-0.460.860.480.040.64-0.090.960.530.59
0.89-0.110.210.970.820.940.910.880.030.810.960.3-0.290.740.790.26-0.350.830.86-0.040.74-0.080.90.440.55
0.76-0.20.020.920.690.910.780.77-0.120.690.960.13-0.390.60.650.17-0.290.770.94-0.020.61-0.220.80.260.39
0.670.560.860.240.680.110.580.280.70.270.30.130.510.760.780.82-0.370.480.09-0.190.840.860.240.860.87
0.00.620.48-0.360.15-0.45-0.12-0.260.65-0.23-0.29-0.390.510.280.140.38-0.48-0.04-0.370.180.120.72-0.340.410.35
0.920.40.650.70.960.590.870.730.470.690.740.60.760.280.940.6-0.640.840.490.120.90.550.70.870.91
0.960.40.710.740.970.610.910.720.420.690.790.650.780.140.940.57-0.490.820.54-0.090.970.50.720.820.86
0.60.30.40.270.470.230.510.280.40.290.260.170.820.380.60.57-0.320.560.12-0.210.720.610.250.730.74
-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
0.90.240.230.860.850.80.880.83-0.010.860.830.770.48-0.040.840.820.56-0.540.630.120.820.150.840.730.72
0.62-0.250.00.780.570.790.640.61-0.10.480.860.940.09-0.370.490.540.12-0.210.630.010.5-0.20.630.160.33
-0.090.02-0.120.00.050.02-0.050.19-0.060.04-0.04-0.02-0.190.180.12-0.09-0.21-0.340.120.01-0.22-0.080.090.24-0.07
0.950.370.670.70.910.590.880.650.40.640.740.610.840.120.90.970.72-0.420.820.5-0.220.520.660.820.88
0.310.690.85-0.170.41-0.30.2-0.090.79-0.09-0.08-0.220.860.720.550.50.61-0.30.15-0.2-0.080.52-0.150.660.68
0.85-0.130.130.970.760.940.920.98-0.090.960.90.80.24-0.340.70.720.25-0.360.840.630.090.66-0.150.510.55
0.770.520.690.450.790.340.70.560.470.530.440.260.860.410.870.820.73-0.560.730.160.240.820.660.510.86
0.830.470.690.540.840.430.760.560.510.590.550.390.870.350.910.860.74-0.580.720.33-0.070.880.680.550.86
Click cells to compare fundamentals

Sichuan Tianqi Account Relationship Matchups

Sichuan Tianqi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.6B42.0B44.2B70.8B73.2B76.9B
Other Current Liab886.1M1.3B2.8B185.3M40.4M38.4M
Total Current Liabilities22.3B26.8B13.8B7.6B6.7B5.9B
Total Stockholder Equity7.0B5.2B12.8B48.5B51.5B54.1B
Other Liab655.9M986.4M1.5B1.4B1.6B1.7B
Retained Earnings(495.9M)(2.3B)(255.2M)23.0B25.4B26.7B
Accounts Payable1.8B1.0B1.0B2.7B2.5B2.6B
Cash4.4B994.1M2.0B12.5B9.6B10.1B
Other Assets508.1M896.6M959.9M213.0M244.9M346.4M
Net Receivables984.9M232.7M3.3B7.4B4.3B4.5B
Inventory917.0M851.0M871.8M2.1B3.2B3.3B
Other Current Assets54.3M41.1M316.2M737.7M2.1B2.3B
Total Liab37.7B34.6B26.0B17.8B19.0B12.1B
Intangible Assets3.1B3.3B3.1B202.1M308.3M292.8M
Property Plant Equipment6.4B10.5B11.0B10.7B12.3B12.9B
Long Term Debt14.4B6.3B10.6B8.3B9.5B6.6B
Short Term Investments13.6M47.9M4.1M14.8M13.3M13.9M
Net Tangible Assets6.7B3.4B1.5B9.2B10.6B11.2B
Other Stockholder Equity(875.1M)(789.0M)(710.6M)(749.1M)(674.2M)(707.9M)
Short Long Term Debt3.2B2.7B2.2B98.9M337.4M320.5M
Total Current Assets6.4B2.9B6.5B26.0B19.6B20.6B
Non Current Assets Total40.2B39.2B37.7B44.9B53.6B37.6B
Non Currrent Assets Other78.6M70.3M92.9M76.8M62.0M98.8M
Non Current Liabilities Total15.4B7.8B12.3B10.2B12.3B12.8B
Non Current Liabilities Other326.9M408.6M340.5M259.9M324.0M298.3M
Net Invested Capital24.5B14.3B25.6B56.9B61.4B37.1B
Net Working Capital(15.9B)(24.0B)(7.3B)18.4B13.0B13.6B
Net Debt13.1B8.1B10.8B293.6M264.2M251.0M

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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.