Trina Short Term Investments vs Long Term Debt 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 Short Term Investments and its Long Term Debt 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.

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trina Solar Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trina Solar's Short Term Investments and Long Term Debt is -0.19. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Debt 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 Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Trina Solar Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Investments i.e., Trina Solar's Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Trina Solar balance sheet. It contains any investments Trina Solar Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Trina Solar can easily liquidate in the marketplace.

Long Term Debt

Long-term debt is a debt that Trina Solar has held for over one year. Long-term debt appears on Trina Solar Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Trina Solar Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.