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 Non Current Liabilities Other and its Cash 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.
Non Current Liabilities Other vs Cash
Non Current Liabilities Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trina Solar Non Current Liabilities Other account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Trina Solar's Non Current Liabilities Other and Cash is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Cash 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 Non Current Liabilities Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Trina Solar Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Other i.e., Trina Solar's Non Current Liabilities Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Other
Cash
Cash refers to the most liquid asset of Trina Solar, which is listed under current asset account on Trina Solar Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Trina Solar customers. The amounts must be unrestricted with restricted cash listed in a different Trina Solar account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
BTrina Solar fundamental ratios Correlations
Click cells to compare fundamentals
Trina Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trina Solar fundamental ratios Accounts
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.