Titan Long Term Debt vs Non Current Assets Total Analysis

002531 Stock   9.00  0.04  0.45%   
Titan Wind financial indicator trend analysis is much more than just breaking down Titan Wind Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Wind Energy is a good investment. Please check the relationship between Titan Wind Long Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Titan Wind Energy. 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Wind Energy Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Titan Wind's Long Term Debt and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Titan Wind Energy, assuming nothing else is changed. The correlation between historical values of Titan Wind's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Titan Wind Energy are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Titan Wind's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Titan Wind Energy has held for over one year. Long-term debt appears on Titan Wind Energy 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 Titan Wind Energy 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Titan Wind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Wind Energy 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 Titan Wind Energy. 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 85.7 M. The current year's Tax Provision is expected to grow to about 115.5 M
 2021 2022 2023 2024 (projected)
Interest Expense243.9M267.0M358.7M376.6M
Depreciation And Amortization679.9M434.3M631.7M663.3M

Titan Wind fundamental ratios Correlations

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0.40.380.470.350.38-0.140.320.320.450.660.40.49-0.120.660.310.470.350.13-0.150.410.410.450.320.430.38
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0.540.49-0.140.530.590.530.50.560.52-0.070.520.010.38-0.070.580.420.490.180.120.520.550.460.490.460.53
0.960.990.320.950.890.960.50.970.940.160.970.380.380.160.970.620.97-0.13-0.190.980.930.940.980.530.96
0.980.970.320.960.940.990.560.970.920.230.980.430.380.231.00.680.93-0.01-0.240.970.970.970.940.650.99
0.980.960.450.980.930.960.520.940.920.420.980.450.420.430.940.740.950.13-0.130.980.970.940.930.730.96
0.360.260.660.380.370.32-0.070.160.230.420.320.37-0.031.00.240.550.270.4-0.040.330.420.320.220.530.32
1.00.990.40.990.951.00.520.970.980.980.320.460.430.320.980.720.960.05-0.21.00.990.970.960.691.0
0.450.410.490.480.320.460.010.380.430.450.370.460.350.370.40.410.310.27-0.810.440.450.510.340.470.47
0.420.37-0.120.380.430.410.380.380.380.42-0.030.430.35-0.030.390.430.410.25-0.060.410.410.340.410.450.41
0.360.270.660.380.370.32-0.070.160.230.431.00.320.37-0.030.240.550.280.4-0.050.340.430.330.220.530.32
0.980.970.310.970.960.990.580.971.00.940.240.980.40.390.240.70.94-0.01-0.190.970.970.970.940.670.99
0.750.660.470.750.790.720.420.620.680.740.550.720.410.430.550.70.690.290.010.710.780.730.640.780.72
0.960.980.350.940.910.940.490.970.930.950.270.960.310.410.280.940.69-0.1-0.050.970.930.910.980.550.94
0.09-0.080.130.070.190.060.18-0.13-0.010.130.40.050.270.250.4-0.010.29-0.10.00.030.160.0-0.090.630.06
-0.18-0.19-0.15-0.20.0-0.230.12-0.19-0.24-0.13-0.04-0.2-0.81-0.06-0.05-0.190.01-0.050.0-0.19-0.16-0.28-0.12-0.07-0.23
0.990.990.410.990.940.990.520.980.970.980.331.00.440.410.340.970.710.970.03-0.190.980.960.970.660.99
0.990.950.410.980.980.990.550.930.970.970.420.990.450.410.430.970.780.930.16-0.160.980.960.920.770.99
0.970.960.450.980.920.980.460.940.970.940.320.970.510.340.330.970.730.910.0-0.280.960.960.90.680.98
0.950.980.320.930.890.940.490.980.940.930.220.960.340.410.220.940.640.98-0.09-0.120.970.920.90.510.94
0.720.570.430.720.790.710.460.530.650.730.530.690.470.450.530.670.780.550.63-0.070.660.770.680.510.71
1.00.980.380.980.961.00.530.960.990.960.321.00.470.410.320.990.720.940.06-0.230.990.990.980.940.71
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Titan Wind Account Relationship Matchups

Titan Wind fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1B14.7B15.7B19.9B24.3B25.5B
Short Long Term Debt Total4.2B5.0B4.9B7.7B11.1B11.6B
Other Current Liab464.3M17.2M17.6M219.3M203.6M102.0M
Total Current Liabilities4.9B5.4B4.7B6.8B8.0B8.4B
Total Stockholder Equity5.8B6.7B7.8B6.2B8.9B9.3B
Property Plant And Equipment Net5.5B6.7B7.5B9.6B11.1B11.6B
Current Deferred Revenue117.0M419.5M417.2M129.2M389.9M409.4M
Net Debt2.9B4.3B4.2B6.5B10.3B10.8B
Retained Earnings2.3B3.0B3.9B4.4B5.1B5.4B
Accounts Payable2.0B2.2B1.6B2.7B3.6B3.8B
Cash1.3B710.5M738.5M1.2B822.6M874.7M
Non Current Assets Total7.2B8.1B8.7B11.7B14.7B15.5B
Non Currrent Assets Other449.4M135.7M37.4M1.1B241.0M217.1M
Cash And Short Term Investments1.3B710.5M738.5M1.2B827.7M876.2M
Net Receivables2.9B4.2B4.7B5.0B6.3B6.6B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B1.7B
Liabilities And Stockholders Equity13.1B14.7B15.7B11.6B24.3B25.5B
Inventory898.4M1.1B975.7M1.2B2.3B2.4B
Other Current Assets740.8M551.3M585.4M747.1M226.3M215.0M
Other Stockholder Equity1.6B1.6B1.6B(6.2B)1.5B1.5B
Total Liab7.1B7.9B7.9B11.6B15.4B16.1B
Total Current Assets5.8B6.6B7.0B8.2B9.6B10.1B
Short Term Debt2.4B2.8B2.6B3.7B3.8B4.0B
Intangible Assets301.3M323.0M373.4M525.5M891.6M936.2M
Property Plant Equipment5.5B6.7B7.5B9.6B11.0B11.6B
Long Term Debt2.2B2.2B2.2B3.9B6.5B6.8B
Short Term Investments(367.7M)(374.3M)(169.4M)14.4M5.0M5.3M
Non Current Liabilities Total2.2B2.4B3.1B4.8B7.4B7.8B
Other Liab15.1M6.9M34.4M26.4M30.3M15.5M
Net Tangible Assets4.9B5.5B6.4B7.4B8.5B5.5B
Deferred Long Term Liab107.6M106.6M111.2M118.5M136.3M77.4M
Short Long Term Debt1.7B2.4B2.1B2.7B1.8B1.7B
Net Invested Capital9.4B11.3B12.1B14.9B17.2B12.7B
Net Working Capital924.9M1.2B2.3B1.4B1.6B1.5B

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Other Information on Investing in Titan Stock

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