Sichuan Total Stockholder Equity vs Short Term Investments 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 Stockholder Equity and its Short Term Investments 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 Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

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

The correlation between Sichuan Tianqi's Total Stockholder Equity and Short Term Investments is -0.37. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments 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 Stockholder Equity and Short Term Investments 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 Stockholder Equity of Sichuan Tianqi Lithium are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Sichuan Tianqi's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

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

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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

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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.

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Sichuan Total Stockholder Equity vs Short Term Investments Analysis

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Short Term Investments

Sichuan Tianqi fundamental ratios Correlations

Sichuan Tianqi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sichuan Tianqi fundamental ratios Accounts

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Other Information on Investing in Sichuan Stock

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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