Tianjin Historical Balance Sheet
300828 Stock | 17.10 0.23 1.33% |
Trend analysis of Tianjin Ruixin Technology balance sheet accounts such as Short Long Term Debt Total of 41.6 M, Other Current Liabilities of 1.3 M or Total Current Liabilities of 55.3 M provides information on Tianjin Ruixin's total assets, liabilities, and equity, which is the actual value of Tianjin Ruixin Technology to its prevalent stockholders. By breaking down trends over time using Tianjin Ruixin balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Tianjin Ruixin Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tianjin Ruixin Technology is a good buy for the upcoming year.
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About Tianjin Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Tianjin Ruixin Technology at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Ruixin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Ruixin 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.
Tianjin Ruixin Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Tianjin Ruixin assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tianjin Ruixin Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Tianjin Ruixin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tianjin Ruixin Technology 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.Accounts Payable
An accounting item on the balance sheet that represents Tianjin Ruixin obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tianjin Ruixin Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tianjin Ruixin Technology balance sheet. This account contains Tianjin Ruixin investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tianjin Ruixin Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Tianjin Ruixin's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tianjin Ruixin Technology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tianjin Ruixin Technology. 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. At present, Tianjin Ruixin's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 15.3 M, whereas Total Assets are forecasted to decline to about 515.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 607.3K | 88.9M | 32.4M | 41.6M | Total Assets | 825.6M | 979.6M | 862.1M | 515.4M |
Tianjin Ruixin balance sheet Correlations
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Tianjin Ruixin Account Relationship Matchups
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Tianjin Ruixin balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 569.4M | 782.9M | 825.6M | 979.6M | 862.1M | 515.4M | |
Short Long Term Debt Total | 128.4M | 199.4K | 607.3K | 88.9M | 32.4M | 41.6M | |
Other Current Liab | 952.1K | 13.5M | 3.2M | 5.6M | 1.3M | 1.3M | |
Total Current Liabilities | 106.7M | 43.6M | 42.9M | 135.8M | 65.3M | 55.3M | |
Total Stockholder Equity | 389.0M | 733.2M | 775.8M | 835.0M | 789.0M | 446.9M | |
Property Plant And Equipment Net | 289.2M | 293.5M | 281.8M | 279.9M | 307.7M | 193.1M | |
Net Debt | 116.4M | (38.0M) | (34.7M) | 51.3M | (1.5M) | (1.4M) | |
Retained Earnings | 211.0M | 242.8M | 278.9M | 324.3M | 259.8M | 188.0M | |
Accounts Payable | 38.5M | 28.7M | 22.8M | 21.3M | 14.1M | 15.3M | |
Cash | 12.0M | 38.2M | 35.3M | 37.6M | 33.9M | 26.5M | |
Non Current Assets Total | 323.9M | 333.6M | 325.5M | 325.6M | 377.6M | 227.0M | |
Other Assets | 1.6M | 1.5M | 7.0M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 12.0M | 214.2M | 171.7M | 251.9M | 152.8M | 81.6M | |
Net Receivables | 102.7M | 102.5M | 139.8M | 183.7M | 155.4M | 96.8M | |
Liabilities And Stockholders Equity | 569.4M | 782.9M | 825.6M | 979.6M | 862.1M | 515.4M | |
Inventory | 106.3M | 117.3M | 176.0M | 214.7M | 170.6M | 95.7M | |
Other Current Assets | 24.5M | 15.3M | 12.6M | 3.7M | 5.7M | 5.4M | |
Other Stockholder Equity | 95.3M | 12.3M | 332.1M | 279.9M | 289.3M | 303.8M | |
Total Liab | 180.4M | 49.7M | 49.8M | 144.6M | 73.1M | 68.5M | |
Total Current Assets | 245.5M | 449.3M | 500.1M | 654.0M | 484.5M | 288.3M | |
Intangible Assets | 33.2M | 33.1M | 32.4M | 31.9M | 50.8M | 29.2M | |
Non Current Liabilities Total | 73.7M | 6.1M | 6.9M | 8.8M | 7.9M | 15.3M | |
Other Liab | 1.5M | 1.7M | 6.1M | 6.6M | 7.6M | 8.0M | |
Net Tangible Assets | 313.1M | 355.7M | 700.1M | 743.4M | 854.9M | 443.4M | |
Property Plant Equipment | 160.4M | 289.2M | 293.5M | 281.8M | 324.1M | 212.9M | |
Net Invested Capital | 491.0M | 733.2M | 775.8M | 923.6M | 821.4M | 702.7M | |
Net Working Capital | 138.8M | 405.7M | 457.2M | 518.2M | 419.2M | 361.7M |
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Balance Sheet is a snapshot of the financial position of Tianjin Ruixin Technology at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Ruixin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Ruixin 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.