Trina Income Tax Expense vs Net Interest Income Analysis

688599 Stock

21.80 0.39 1.76%

Trina Solar financial indicator trend analysis is much more than just breaking down Trina Solar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trina Solar is a good investment. Please check the relationship between Trina Solar Income Tax Expense and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Trina Solar Co. 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.

Income Tax Expense vs Net Interest Income

Income Tax Expense vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trina Solar Income Tax Expense account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Trina Solar's Income Tax Expense and Net Interest Income is -0.47. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Trina Solar Co, assuming nothing else is changed. The correlation between historical values of Trina Solar's Income Tax Expense and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Trina Solar Co are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Tax Expense i.e., Trina Solar's Income Tax Expense and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Tax Expense

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Trina Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trina Solar 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 Trina Solar Co. 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.

As of December 21, 2024, Tax Provision is expected to decline to about 288.8 M. In addition to that, Selling General Administrative is expected to decline to about 2.4 B

	2021	2022	2023	2024 (projected)
Gross Profit	6.3B	11.4B	18.0B	18.9B
Total Revenue	44.5B	85.1B	113.4B	119.1B

Gross Profit Total Revenue

Trina Solar fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Good Will	Short Term Investments	Non Current Liabilities Total	Total Liab	Short Long Term Debt	Non Current Liabilities Other
Other Current Liab		0.62	0.74	0.75	0.45	0.5	0.68	0.48	0.63	0.69	-0.33	0.58	0.49	0.74	0.34	0.4	0.28	0.38	0.27	0.26	0.55	0.31	0.24	0.32	-0.2	0.26
Total Current Liabilities	0.62		0.79	0.91	0.81	0.89	0.92	0.87	0.97	0.87	-0.12	0.91	0.29	0.94	0.9	0.95	0.74	0.8	0.71	0.59	0.76	0.03	0.57	0.86	-0.03	0.87
Other Liab	0.74	0.79		0.94	0.55	0.66	0.81	0.75	0.84	0.76	-0.63	0.75	0.66	0.89	0.46	0.61	0.35	0.51	0.35	0.36	0.73	0.21	0.3	0.39	-0.42	0.5
Net Tangible Assets	0.75	0.91	0.94		0.66	0.78	0.96	0.8	0.9	0.88	-0.45	0.84	0.43	0.99	0.67	0.8	0.51	0.65	0.51	0.46	0.86	0.24	0.41	0.61	-0.37	0.67
Retained Earnings	0.45	0.81	0.55	0.66		0.97	0.69	0.91	0.79	0.68	0.14	0.95	0.1	0.69	0.84	0.84	0.97	0.98	0.96	0.91	0.6	-0.15	0.9	0.82	0.08	0.86
Accounts Payable	0.5	0.89	0.66	0.78	0.97		0.8	0.96	0.85	0.79	0.02	0.99	0.15	0.81	0.85	0.9	0.92	0.98	0.92	0.85	0.71	-0.05	0.83	0.81	-0.02	0.86
Other Assets	0.68	0.92	0.81	0.96	0.69	0.8		0.76	0.86	0.89	-0.32	0.82	0.21	0.98	0.76	0.87	0.6	0.71	0.59	0.5	0.89	0.24	0.45	0.71	-0.32	0.72
Net Receivables	0.48	0.87	0.75	0.8	0.91	0.96	0.76		0.86	0.77	-0.06	0.97	0.26	0.81	0.77	0.85	0.82	0.92	0.81	0.79	0.73	-0.03	0.77	0.72	-0.09	0.83
Inventory	0.63	0.97	0.84	0.9	0.79	0.85	0.86	0.86		0.86	-0.18	0.9	0.48	0.9	0.84	0.88	0.68	0.75	0.66	0.59	0.65	-0.07	0.57	0.8	0.0	0.84
Other Current Assets	0.69	0.87	0.76	0.88	0.68	0.79	0.89	0.77	0.86		-0.14	0.82	0.31	0.9	0.75	0.8	0.58	0.71	0.58	0.62	0.72	0.12	0.59	0.72	-0.25	0.75
Other Stockholder Equity	-0.33	-0.12	-0.63	-0.45	0.14	0.02	-0.32	-0.06	-0.18	-0.14		-0.07	-0.59	-0.36	0.24	0.06	0.32	0.17	0.28	0.24	-0.32	-0.43	0.3	0.31	0.72	0.18
Total Current Assets	0.58	0.91	0.75	0.84	0.95	0.99	0.82	0.97	0.9	0.82	-0.07		0.28	0.85	0.82	0.88	0.87	0.94	0.86	0.8	0.72	-0.04	0.78	0.78	-0.04	0.84
Common Stock	0.49	0.29	0.66	0.43	0.1	0.15	0.21	0.26	0.48	0.31	-0.59	0.28		0.32	-0.03	0.03	-0.09	-0.02	-0.09	-0.01	-0.03	-0.06	-0.03	-0.05	-0.1	0.05
Property Plant Equipment	0.74	0.94	0.89	0.99	0.69	0.81	0.98	0.81	0.9	0.9	-0.36	0.85	0.32		0.73	0.85	0.56	0.69	0.55	0.49	0.89	0.29	0.45	0.67	-0.34	0.71
Total Assets	0.34	0.9	0.46	0.67	0.84	0.85	0.76	0.77	0.84	0.75	0.24	0.82	-0.03	0.73		0.97	0.85	0.84	0.83	0.71	0.6	-0.14	0.71	0.99	0.18	0.97
Total Stockholder Equity	0.4	0.95	0.61	0.8	0.84	0.9	0.87	0.85	0.88	0.8	0.06	0.88	0.03	0.85	0.97		0.83	0.86	0.81	0.67	0.76	-0.03	0.65	0.93	0.03	0.94
Cash	0.28	0.74	0.35	0.51	0.97	0.92	0.6	0.82	0.68	0.58	0.32	0.87	-0.09	0.56	0.85	0.83		0.97	0.99	0.88	0.5	-0.22	0.89	0.85	0.24	0.85
Non Current Assets Total	0.38	0.8	0.51	0.65	0.98	0.98	0.71	0.92	0.75	0.71	0.17	0.94	-0.02	0.69	0.84	0.86	0.97		0.97	0.92	0.66	-0.09	0.91	0.82	0.02	0.87
Non Currrent Assets Other	0.27	0.71	0.35	0.51	0.96	0.92	0.59	0.81	0.66	0.58	0.28	0.86	-0.09	0.55	0.83	0.81	0.99	0.97		0.91	0.5	-0.23	0.92	0.83	0.17	0.84
Long Term Debt	0.26	0.59	0.36	0.46	0.91	0.85	0.5	0.79	0.59	0.62	0.24	0.8	-0.01	0.49	0.71	0.67	0.88	0.92	0.91		0.44	-0.19	1.0	0.71	-0.03	0.79
Good Will	0.55	0.76	0.73	0.86	0.6	0.71	0.89	0.73	0.65	0.72	-0.32	0.72	-0.03	0.89	0.6	0.76	0.5	0.66	0.5	0.44		0.41	0.38	0.52	-0.5	0.58
Short Term Investments	0.31	0.03	0.21	0.24	-0.15	-0.05	0.24	-0.03	-0.07	0.12	-0.43	-0.04	-0.06	0.29	-0.14	-0.03	-0.22	-0.09	-0.23	-0.19	0.41		-0.23	-0.18	-0.64	-0.19
Non Current Liabilities Total	0.24	0.57	0.3	0.41	0.9	0.83	0.45	0.77	0.57	0.59	0.3	0.78	-0.03	0.45	0.71	0.65	0.89	0.91	0.92	1.0	0.38	-0.23		0.72	0.04	0.79
Total Liab	0.32	0.86	0.39	0.61	0.82	0.81	0.71	0.72	0.8	0.72	0.31	0.78	-0.05	0.67	0.99	0.93	0.85	0.82	0.83	0.71	0.52	-0.18	0.72		0.25	0.95
Short Long Term Debt	-0.2	-0.03	-0.42	-0.37	0.08	-0.02	-0.32	-0.09	0.0	-0.25	0.72	-0.04	-0.1	-0.34	0.18	0.03	0.24	0.02	0.17	-0.03	-0.5	-0.64	0.04	0.25		0.09
Non Current Liabilities Other	0.26	0.87	0.5	0.67	0.86	0.86	0.72	0.83	0.84	0.75	0.18	0.84	0.05	0.71	0.97	0.94	0.85	0.87	0.84	0.79	0.58	-0.19	0.79	0.95	0.09

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Trina Solar Account Relationship Matchups

Trina Solar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	2.6B	2.1B	5.1B	2.6B	1.7B	2.5B
Total Current Liabilities	19.5B	24.2B	35.0B	54.9B	60.9B	31.0B
Other Liab	1.2B	1.0B	1.1B	1.1B	1.3B	1.1B
Net Tangible Assets	10.7B	11.2B	14.3B	16.1B	18.5B	11.7B
Retained Earnings	1.1B	2.1B	3.5B	6.5B	10.8B	11.4B
Accounts Payable	9.2B	15.0B	18.7B	30.1B	39.6B	41.6B
Other Assets	1.6B	1.8B	3.5B	3.6B	4.1B	2.2B
Net Receivables	7.5B	4.2B	8.2B	13.2B	18.1B	19.0B
Inventory	5.6B	7.1B	12.8B	18.7B	23.4B	11.9B
Other Current Assets	1.7B	2.1B	3.8B	2.3B	3.6B	2.3B
Other Stockholder Equity	(154.0M)	(121.7M)	(251.8M)	(11.0M)	(9.9M)	(10.4M)
Total Current Assets	22.3B	28.3B	41.9B	61.1B	76.5B	80.3B
Common Stock	1.8B	1.8B	2.1B	2.1B	1.9B	2.2B
Property Plant Equipment	8.1B	10.8B	12.3B	14.6B	16.8B	10.2B
Total Assets	36.5B	45.6B	63.5B	90.0B	120.3B	62.8B
Total Stockholder Equity	12.0B	15.1B	17.1B	26.3B	31.5B	18.2B
Cash	5.8B	9.4B	10.7B	19.1B	24.3B	25.6B
Non Current Assets Total	14.2B	17.3B	21.7B	28.9B	43.9B	46.0B
Non Currrent Assets Other	453.2M	1.7B	1.7B	3.0B	4.6B	4.9B
Long Term Debt	2.6B	4.1B	8.0B	3.6B	19.8B	20.8B
Short Term Investments	1.7B	914.7M	429.9M	89.4M	28.0M	26.6M
Non Current Liabilities Total	4.3B	5.6B	10.3B	6.2B	22.8B	24.0B
Total Liab	23.8B	29.9B	45.4B	61.2B	83.8B	42.9B
Short Long Term Debt	6.9B	5.7B	9.0B	13.7B	9.5B	10.0B
Non Current Liabilities Other	934.2M	979.3M	1.1B	1.3B	1.7B	1.2B
Intangible Assets	595.5M	649.2M	894.1M	2.6B	3.0B	3.2B
Net Debt	3.6B	357.0M	6.3B	5.0B	4.5B	3.7B
Common Stock Shares Outstanding	1.8B	2.1B	2.1B	2.2B	2.2B	2.2B
Deferred Long Term Liab	41.8M	71.7M	66.5M	42.0M	37.8M	45.7M
Net Invested Capital	21.4B	24.9B	34.1B	43.6B	60.9B	35.9B
Net Working Capital	2.8B	4.1B	6.8B	6.1B	15.5B	16.3B

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

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Trina Income Tax Expense vs Net Interest Income Analysis

Income Tax Expense vs Net Interest Income

Income Tax Expense vs Net Interest Income Correlation Analysis

Correlation Coefficient

Income Tax Expense

Net Interest Income

Trina Solar fundamental ratios Correlations

Trina Solar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trina Solar fundamental ratios Accounts

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Other Information on Investing in Trina Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Property Plant Equipment	+ 0.99	Net Tangible Assets
Total Current Assets	+ 0.99	Accounts Payable
Total Liab	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Retained Earnings

Short Long Term Debt	- 0.64	Short Term Investments
Other Stockholder Equity	- 0.63	Other Liab
Common Stock	- 0.59	Other Stockholder Equity
Short Long Term Debt	- 0.5	Good Will
Other Stockholder Equity	- 0.45	Net Tangible Assets
Short Term Investments	- 0.43	Other Stockholder Equity