Trina Net Receivables vs Other Stockholder Equity Analysis

688599 Stock   22.20  0.20  0.89%   
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 Net Receivables and its Other Stockholder Equity 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.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trina Solar Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trina Solar's Net Receivables and Other Stockholder Equity is -0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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 Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Trina Solar Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Trina Solar's Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Stockholder Equity

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 19, 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 Profit6.3B11.4B18.0B18.9B
Total Revenue44.5B85.1B113.4B119.1B

Trina Solar fundamental ratios Correlations

0.620.740.750.450.50.680.480.630.69-0.330.580.490.740.340.40.280.380.270.260.550.310.240.32-0.20.26
0.620.790.910.810.890.920.870.970.87-0.120.910.290.940.90.950.740.80.710.590.760.030.570.86-0.030.87
0.740.790.940.550.660.810.750.840.76-0.630.750.660.890.460.610.350.510.350.360.730.210.30.39-0.420.5
0.750.910.940.660.780.960.80.90.88-0.450.840.430.990.670.80.510.650.510.460.860.240.410.61-0.370.67
0.450.810.550.660.970.690.910.790.680.140.950.10.690.840.840.970.980.960.910.6-0.150.90.820.080.86
0.50.890.660.780.970.80.960.850.790.020.990.150.810.850.90.920.980.920.850.71-0.050.830.81-0.020.86
0.680.920.810.960.690.80.760.860.89-0.320.820.210.980.760.870.60.710.590.50.890.240.450.71-0.320.72
0.480.870.750.80.910.960.760.860.77-0.060.970.260.810.770.850.820.920.810.790.73-0.030.770.72-0.090.83
0.630.970.840.90.790.850.860.860.86-0.180.90.480.90.840.880.680.750.660.590.65-0.070.570.80.00.84
0.690.870.760.880.680.790.890.770.86-0.140.820.310.90.750.80.580.710.580.620.720.120.590.72-0.250.75
-0.33-0.12-0.63-0.450.140.02-0.32-0.06-0.18-0.14-0.07-0.59-0.360.240.060.320.170.280.24-0.32-0.430.30.310.720.18
0.580.910.750.840.950.990.820.970.90.82-0.070.280.850.820.880.870.940.860.80.72-0.040.780.78-0.040.84
0.490.290.660.430.10.150.210.260.480.31-0.590.280.32-0.030.03-0.09-0.02-0.09-0.01-0.03-0.06-0.03-0.05-0.10.05
0.740.940.890.990.690.810.980.810.90.9-0.360.850.320.730.850.560.690.550.490.890.290.450.67-0.340.71
0.340.90.460.670.840.850.760.770.840.750.240.82-0.030.730.970.850.840.830.710.6-0.140.710.990.180.97
0.40.950.610.80.840.90.870.850.880.80.060.880.030.850.970.830.860.810.670.76-0.030.650.930.030.94
0.280.740.350.510.970.920.60.820.680.580.320.87-0.090.560.850.830.970.990.880.5-0.220.890.850.240.85
0.380.80.510.650.980.980.710.920.750.710.170.94-0.020.690.840.860.970.970.920.66-0.090.910.820.020.87
0.270.710.350.510.960.920.590.810.660.580.280.86-0.090.550.830.810.990.970.910.5-0.230.920.830.170.84
0.260.590.360.460.910.850.50.790.590.620.240.8-0.010.490.710.670.880.920.910.44-0.191.00.71-0.030.79
0.550.760.730.860.60.710.890.730.650.72-0.320.72-0.030.890.60.760.50.660.50.440.410.380.52-0.50.58
0.310.030.210.24-0.15-0.050.24-0.03-0.070.12-0.43-0.04-0.060.29-0.14-0.03-0.22-0.09-0.23-0.190.41-0.23-0.18-0.64-0.19
0.240.570.30.410.90.830.450.770.570.590.30.78-0.030.450.710.650.890.910.921.00.38-0.230.720.040.79
0.320.860.390.610.820.810.710.720.80.720.310.78-0.050.670.990.930.850.820.830.710.52-0.180.720.250.95
-0.2-0.03-0.42-0.370.08-0.02-0.32-0.090.0-0.250.72-0.04-0.1-0.340.180.030.240.020.17-0.03-0.5-0.640.040.250.09
0.260.870.50.670.860.860.720.830.840.750.180.840.050.710.970.940.850.870.840.790.58-0.190.790.950.09
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Trina Solar Account Relationship Matchups

Trina Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.6B2.1B5.1B2.6B1.7B2.5B
Total Current Liabilities19.5B24.2B35.0B54.9B60.9B31.0B
Other Liab1.2B1.0B1.1B1.1B1.3B1.1B
Net Tangible Assets10.7B11.2B14.3B16.1B18.5B11.7B
Retained Earnings1.1B2.1B3.5B6.5B10.8B11.4B
Accounts Payable9.2B15.0B18.7B30.1B39.6B41.6B
Other Assets1.6B1.8B3.5B3.6B4.1B2.2B
Net Receivables7.5B4.2B8.2B13.2B18.1B19.0B
Inventory5.6B7.1B12.8B18.7B23.4B11.9B
Other Current Assets1.7B2.1B3.8B2.3B3.6B2.3B
Other Stockholder Equity(154.0M)(121.7M)(251.8M)(11.0M)(9.9M)(10.4M)
Total Current Assets22.3B28.3B41.9B61.1B76.5B80.3B
Common Stock1.8B1.8B2.1B2.1B1.9B2.2B
Property Plant Equipment8.1B10.8B12.3B14.6B16.8B10.2B
Total Assets36.5B45.6B63.5B90.0B120.3B62.8B
Total Stockholder Equity12.0B15.1B17.1B26.3B31.5B18.2B
Cash5.8B9.4B10.7B19.1B24.3B25.6B
Non Current Assets Total14.2B17.3B21.7B28.9B43.9B46.0B
Non Currrent Assets Other453.2M1.7B1.7B3.0B4.6B4.9B
Long Term Debt2.6B4.1B8.0B3.6B19.8B20.8B
Short Term Investments1.7B914.7M429.9M89.4M28.0M26.6M
Non Current Liabilities Total4.3B5.6B10.3B6.2B22.8B24.0B
Total Liab23.8B29.9B45.4B61.2B83.8B42.9B
Short Long Term Debt6.9B5.7B9.0B13.7B9.5B10.0B
Non Current Liabilities Other934.2M979.3M1.1B1.3B1.7B1.2B
Intangible Assets595.5M649.2M894.1M2.6B3.0B3.2B
Net Debt3.6B357.0M6.3B5.0B4.5B3.7B
Common Stock Shares Outstanding1.8B2.1B2.1B2.2B2.2B2.2B
Deferred Long Term Liab41.8M71.7M66.5M42.0M37.8M45.7M
Net Invested Capital21.4B24.9B34.1B43.6B60.9B35.9B
Net Working Capital2.8B4.1B6.8B6.1B15.5B16.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Trina Stock

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.