Tinavi Total Liab vs Other Current Assets Analysis

688277 Stock   9.64  0.01  0.10%   
Tinavi Medical financial indicator trend analysis is much more than just breaking down Tinavi Medical Techn prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tinavi Medical Techn is a good investment. Please check the relationship between Tinavi Medical Total Liab and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tinavi Medical Technologies. 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 Other Current Assets

Total Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tinavi Medical Techn Total Liab account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tinavi Medical's Total Liab and Other Current Assets is -0.28. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Tinavi Medical Technologies, assuming nothing else is changed. The correlation between historical values of Tinavi Medical's Total Liab and Other Current Assets 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 Tinavi Medical Technologies are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Liab i.e., Tinavi Medical's Total Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

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

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Tinavi Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tinavi Medical Techn 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 Tinavi Medical Technologies. 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 10 M, whereas Selling General Administrative is forecasted to decline to about 105.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit102.6M149.4M171.8M126.3M
Total Revenue156.2M210.0M241.5M170.9M

Tinavi Medical fundamental ratios Correlations

-0.79-0.660.960.840.89-0.930.81-0.570.920.410.930.320.920.860.70.860.91-0.20.850.97-0.470.870.460.870.9
-0.790.97-0.92-0.62-0.950.75-0.630.86-0.79-0.45-0.8-0.59-0.91-0.66-0.93-0.82-0.790.73-0.89-0.90.38-0.9-0.79-0.75-0.91
-0.660.97-0.85-0.46-0.910.59-0.470.82-0.65-0.47-0.67-0.58-0.84-0.5-0.92-0.7-0.660.85-0.79-0.810.22-0.85-0.88-0.62-0.85
0.96-0.92-0.850.750.98-0.870.73-0.70.880.470.90.440.970.780.840.860.88-0.470.881.0-0.380.940.680.840.96
0.84-0.62-0.460.750.68-0.910.87-0.60.950.370.950.210.750.940.590.840.960.00.880.77-0.750.70.160.870.71
0.89-0.95-0.910.980.68-0.790.62-0.710.820.580.860.390.960.680.910.790.83-0.610.850.96-0.290.940.770.770.97
-0.930.750.59-0.87-0.91-0.79-0.950.61-0.98-0.22-0.94-0.36-0.83-0.97-0.63-0.95-0.940.12-0.89-0.90.61-0.78-0.36-0.95-0.79
0.81-0.63-0.470.730.870.62-0.95-0.540.93-0.020.860.350.680.980.470.940.880.00.830.77-0.670.620.240.950.62
-0.570.860.82-0.7-0.6-0.710.61-0.54-0.67-0.32-0.65-0.75-0.73-0.57-0.82-0.7-0.690.62-0.87-0.670.66-0.73-0.5-0.57-0.73
0.92-0.79-0.650.880.950.82-0.980.93-0.670.330.980.320.860.970.720.940.98-0.20.940.89-0.650.80.40.950.82
0.41-0.45-0.470.470.370.58-0.22-0.02-0.320.330.49-0.160.490.130.670.090.46-0.430.40.41-0.110.480.350.130.54
0.93-0.8-0.670.90.950.86-0.940.86-0.650.980.490.250.870.920.760.890.99-0.250.930.9-0.60.830.440.910.85
0.32-0.59-0.580.440.210.39-0.360.35-0.750.32-0.160.250.410.320.370.480.31-0.430.550.45-0.440.450.340.350.4
0.92-0.91-0.840.970.750.96-0.830.68-0.730.860.490.870.410.740.860.850.85-0.490.860.96-0.360.990.680.811.0
0.86-0.66-0.50.780.940.68-0.970.98-0.570.970.130.920.320.740.530.940.93-0.020.870.81-0.670.70.260.970.69
0.7-0.93-0.920.840.590.91-0.630.47-0.820.720.670.760.370.860.530.670.75-0.750.820.79-0.360.840.730.590.88
0.86-0.82-0.70.860.840.79-0.950.94-0.70.940.090.890.480.850.940.670.89-0.280.90.87-0.560.820.50.970.81
0.91-0.79-0.660.880.960.83-0.940.88-0.690.980.460.990.310.850.930.750.89-0.230.950.88-0.680.80.380.90.82
-0.20.730.85-0.470.0-0.610.120.00.62-0.2-0.43-0.25-0.43-0.49-0.02-0.75-0.28-0.23-0.41-0.4-0.13-0.53-0.87-0.18-0.53
0.85-0.89-0.790.880.880.85-0.890.83-0.870.940.40.930.550.860.870.820.90.95-0.410.88-0.70.840.490.860.84
0.97-0.9-0.811.00.770.96-0.90.77-0.670.890.410.90.450.960.810.790.870.88-0.40.88-0.410.920.630.870.94
-0.470.380.22-0.38-0.75-0.290.61-0.670.66-0.65-0.11-0.6-0.44-0.36-0.67-0.36-0.56-0.68-0.13-0.7-0.41-0.30.24-0.49-0.33
0.87-0.9-0.850.940.70.94-0.780.62-0.730.80.480.830.450.990.70.840.820.8-0.530.840.92-0.30.710.780.99
0.46-0.79-0.880.680.160.77-0.360.24-0.50.40.350.440.340.680.260.730.50.38-0.870.490.630.240.710.470.7
0.87-0.75-0.620.840.870.77-0.950.95-0.570.950.130.910.350.810.970.590.970.9-0.180.860.87-0.490.780.470.76
0.9-0.91-0.850.960.710.97-0.790.62-0.730.820.540.850.41.00.690.880.810.82-0.530.840.94-0.330.990.70.76
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Tinavi Medical Account Relationship Matchups

Tinavi Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.3B1.4B1.6B1.9B1.2B
Other Current Liab47.1M43.2M1.2M526.7K474.0K450.3K
Total Current Liabilities80.6M113.2M158.4M167.0M150.3M130.7M
Total Stockholder Equity996.0M1.0B1.0B1.2B1.4B876.7M
Other Liab7.9M20.9M12.2M50.1M57.6M60.5M
Net Tangible Assets582.6M989.8M999.3M918.2M1.1B769.4M
Retained Earnings(117.2M)(192.1M)(310.8M)(467.2M)(420.5M)(399.5M)
Accounts Payable4.0M9.6M28.5M44.1M50.7M53.2M
Cash468.4M287.1M211.4M310.9M279.8M250.2M
Non Current Assets Total325.0M771.6M1.0B1.1B1.3B1.4B
Non Currrent Assets Other116.5M308.6M175.0M6.6M7.6M7.2M
Other Assets23.4M36.0M153.4M386.5M444.4M466.6M
Net Receivables15.9M27.3M28.7M46.6M41.9M28.2M
Common Stock Shares Outstanding376.5M418.4M419.8M449.4M516.8M381.9M
Non Current Liabilities Total12.2M98.3M131.0M214.9M247.1M259.5M
Inventory34.8M37.9M43.8M26.2M30.2M34.1M
Other Current Assets12.9M11.0M20.8M32.7M37.6M39.5M
Total Liab92.7M211.5M289.4M382.0M439.2M259.0M
Deferred Long Term Liab11.4M13.4M4.8M20.2M23.3M24.4M
Net Invested Capital996.0M1.0B1.1B1.5B1.7B923.3M
Total Current Assets794.3M507.4M373.4M488.8M439.9M435.5M
Non Current Liabilities Other6.2M6.8M5.2M6.9M7.9M5.4M
Net Working Capital713.8M394.2M215.0M321.8M370.0M419.1M
Intangible Assets6.3M7.6M6.7M17.2M19.8M20.8M
Common Stock188.3M376.5M418.4M419.8M482.8M343.5M
Property Plant Equipment21.3M20.1M24.4M112.3M129.2M135.7M
Capital Stock376.5M418.4M419.8M449.4M516.8M416.6M
Property Plant And Equipment Net24.4M112.3M279.5M450.4M517.9M543.8M
Short Term Investments252.3M120.6M40.2M50.0M45.0M42.8M
Property Plant And Equipment Gross42.2M135.1M279.5M500.9M576.0M604.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Tinavi Stock

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