Tianneng Cash And Short Term Investments vs Long Term Debt Analysis

688819 Stock

28.19 0.08 0.28%

Tianneng Battery financial indicator trend analysis is much more than just breaking down Tianneng Battery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianneng Battery is a good investment. Please check the relationship between Tianneng Battery Cash And 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 Tianneng Battery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Long Term Debt

Cash And 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 Tianneng Battery Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tianneng Battery's Cash And Short Term Investments and Long Term Debt is 0.65. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Tianneng Battery Group, assuming nothing else is changed. The correlation between historical values of Tianneng Battery's Cash And 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 Cash And Short Term Investments of Tianneng Battery Group 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 Cash And Short Term Investments i.e., Tianneng Battery's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Tianneng Battery balance sheet. This account contains Tianneng Battery investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tianneng Battery Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that Tianneng Battery has held for over one year. Long-term debt appears on Tianneng Battery Group 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 Tianneng Battery Group 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 Tianneng Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianneng Battery 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 Tianneng Battery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 1.6 B, whereas Tax Provision is forecasted to decline to about 475.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	170.4M	218.7M	195.3M	203.0M
Depreciation And Amortization	856.1M	1.2B	1.4B	741.6M

Interest Expense Depreciation And Amortization

Tianneng Battery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt
Total Assets		0.5	0.01	0.98	0.99	0.9	-0.94	0.98	0.98	0.98	0.96	0.56	0.98	-0.47	0.96	0.25	0.55	0.97	-0.75	0.92	0.98	0.99	0.67	0.99	0.95	0.75
Short Long Term Debt Total	0.5		-0.47	0.5	0.47	0.69	-0.3	0.48	0.49	0.48	0.64	-0.04	0.47	-0.32	0.53	-0.22	0.65	0.41	0.05	0.44	0.54	0.43	0.91	0.4	0.3	0.38
Other Current Liab	0.01	-0.47		0.07	0.0	-0.33	-0.08	-0.05	0.09	0.05	-0.21	0.41	0.07	0.65	-0.23	0.58	-0.66	0.1	-0.25	-0.21	0.02	0.11	-0.24	0.11	0.07	-0.46
Total Current Liabilities	0.98	0.5	0.07		0.93	0.87	-0.9	0.94	0.97	0.93	0.92	0.46	0.94	-0.48	0.9	0.3	0.47	0.98	-0.73	0.87	1.0	0.98	0.71	0.95	0.92	0.74
Total Stockholder Equity	0.99	0.47	0.0	0.93		0.89	-0.95	0.98	0.97	0.99	0.95	0.64	0.98	-0.43	0.97	0.24	0.56	0.93	-0.76	0.93	0.94	0.98	0.62	0.99	0.95	0.72
Property Plant And Equipment Net	0.9	0.69	-0.33	0.87	0.89		-0.75	0.93	0.85	0.85	0.98	0.26	0.85	-0.55	0.95	-0.02	0.82	0.86	-0.58	0.82	0.9	0.84	0.73	0.83	0.84	0.81
Net Debt	-0.94	-0.3	-0.08	-0.9	-0.95	-0.75		-0.91	-0.94	-0.97	-0.85	-0.73	-0.95	0.5	-0.9	-0.37	-0.38	-0.89	0.77	-0.95	-0.9	-0.97	-0.5	-0.98	-0.92	-0.71
Retained Earnings	0.98	0.48	-0.05	0.94	0.98	0.93	-0.91		0.95	0.95	0.97	0.49	0.95	-0.49	0.97	0.19	0.66	0.95	-0.73	0.89	0.96	0.96	0.6	0.96	0.94	0.8
Accounts Payable	0.98	0.49	0.09	0.97	0.97	0.85	-0.94	0.95		0.97	0.92	0.57	0.95	-0.42	0.91	0.2	0.47	0.97	-0.77	0.9	0.97	0.98	0.67	0.98	0.93	0.7
Cash	0.98	0.48	0.05	0.93	0.99	0.85	-0.97	0.95	0.97		0.92	0.69	0.99	-0.42	0.94	0.33	0.49	0.91	-0.71	0.93	0.94	0.98	0.65	0.99	0.92	0.67
Non Current Assets Total	0.96	0.64	-0.21	0.92	0.95	0.98	-0.85	0.97	0.92	0.92		0.39	0.92	-0.53	0.98	0.07	0.74	0.92	-0.65	0.88	0.95	0.92	0.73	0.92	0.9	0.8
Non Currrent Assets Other	0.56	-0.04	0.41	0.46	0.64	0.26	-0.73	0.49	0.57	0.69	0.39		0.69	0.07	0.49	0.56	-0.12	0.44	-0.56	0.58	0.43	0.62	0.17	0.66	0.58	0.1
Cash And Short Term Investments	0.98	0.47	0.07	0.94	0.98	0.85	-0.95	0.95	0.95	0.99	0.92	0.69		-0.38	0.94	0.38	0.46	0.9	-0.72	0.9	0.94	0.98	0.66	0.98	0.93	0.65
Good Will	-0.47	-0.32	0.65	-0.48	-0.43	-0.55	0.5	-0.49	-0.42	-0.42	-0.53	0.07	-0.38		-0.6	0.15	-0.54	-0.45	0.31	-0.69	-0.51	-0.44	-0.34	-0.42	-0.44	-0.89
Common Stock Shares Outstanding	0.96	0.53	-0.23	0.9	0.97	0.95	-0.9	0.97	0.91	0.94	0.98	0.49	0.94	-0.6		0.12	0.69	0.9	-0.72	0.94	0.92	0.93	0.64	0.93	0.93	0.84
Short Term Investments	0.25	-0.22	0.58	0.3	0.24	-0.02	-0.37	0.19	0.2	0.33	0.07	0.56	0.38	0.15	0.12		-0.38	0.18	-0.21	0.16	0.25	0.33	0.07	0.31	0.27	-0.1
Non Current Liabilities Total	0.55	0.65	-0.66	0.47	0.56	0.82	-0.38	0.66	0.47	0.49	0.74	-0.12	0.46	-0.54	0.69	-0.38		0.49	-0.16	0.53	0.53	0.45	0.46	0.46	0.45	0.72
Inventory	0.97	0.41	0.1	0.98	0.93	0.86	-0.89	0.95	0.97	0.91	0.92	0.44	0.9	-0.45	0.9	0.18	0.49		-0.81	0.85	0.98	0.97	0.6	0.95	0.94	0.76
Other Current Assets	-0.75	0.05	-0.25	-0.73	-0.76	-0.58	0.77	-0.73	-0.77	-0.71	-0.65	-0.56	-0.72	0.31	-0.72	-0.21	-0.16	-0.81		-0.7	-0.71	-0.78	-0.21	-0.78	-0.9	-0.56
Other Stockholder Equity	0.92	0.44	-0.21	0.87	0.93	0.82	-0.95	0.89	0.9	0.93	0.88	0.58	0.9	-0.69	0.94	0.16	0.53	0.85	-0.7		0.88	0.91	0.58	0.92	0.88	0.83
Total Liab	0.98	0.54	0.02	1.0	0.94	0.9	-0.9	0.96	0.97	0.94	0.95	0.43	0.94	-0.51	0.92	0.25	0.53	0.98	-0.71	0.88		0.97	0.72	0.95	0.92	0.77
Total Current Assets	0.99	0.43	0.11	0.98	0.98	0.84	-0.97	0.96	0.98	0.98	0.92	0.62	0.98	-0.44	0.93	0.33	0.45	0.97	-0.78	0.91	0.97		0.63	1.0	0.95	0.71
Short Term Debt	0.67	0.91	-0.24	0.71	0.62	0.73	-0.5	0.6	0.67	0.65	0.73	0.17	0.66	-0.34	0.64	0.07	0.46	0.6	-0.21	0.58	0.72	0.63		0.59	0.52	0.42
Intangible Assets	0.99	0.4	0.11	0.95	0.99	0.83	-0.98	0.96	0.98	0.99	0.92	0.66	0.98	-0.42	0.93	0.31	0.46	0.95	-0.78	0.92	0.95	1.0	0.59		0.95	0.7
Common Stock	0.95	0.3	0.07	0.92	0.95	0.84	-0.92	0.94	0.93	0.92	0.9	0.58	0.93	-0.44	0.93	0.27	0.45	0.94	-0.9	0.88	0.92	0.95	0.52	0.95		0.73
Long Term Debt	0.75	0.38	-0.46	0.74	0.72	0.81	-0.71	0.8	0.7	0.67	0.8	0.1	0.65	-0.89	0.84	-0.1	0.72	0.76	-0.56	0.83	0.77	0.71	0.42	0.7	0.73

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Tianneng Battery Account Relationship Matchups

Tianneng Battery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.0B	19.6B	26.7B	32.4B	35.8B	24.3B
Short Long Term Debt Total	1.7B	873.9M	1.6B	2.8B	3.2B	2.1B
Other Current Liab	4.8B	5.6B	4.7B	5.0B	478.4M	454.5M
Total Current Liabilities	11.2B	10.7B	12.3B	16.4B	17.5B	13.1B
Total Stockholder Equity	4.9B	6.7B	12.3B	13.7B	15.4B	8.8B
Property Plant And Equipment Net	4.3B	4.5B	5.4B	7.1B	11.0B	6.1B
Net Debt	(2.6B)	(4.0B)	(8.6B)	(8.3B)	(7.5B)	(7.1B)
Retained Earnings	2.8B	4.4B	5.1B	6.4B	8.1B	4.8B
Accounts Payable	4.8B	4.9B	6.3B	9.1B	8.2B	6.0B
Cash	4.4B	4.9B	10.3B	11.1B	11.3B	7.4B
Non Current Assets Total	5.6B	6.0B	7.7B	10.1B	13.4B	7.9B
Non Currrent Assets Other	277.1M	336.7M	2.2B	1.1B	295.8M	281.0M
Cash And Short Term Investments	5.2B	5.4B	11.7B	11.3B	13.0B	7.3B
Common Stock Shares Outstanding	828.7M	857.1M	964.3M	972.1M	1.1B	960.4M
Short Term Investments	804.6M	483.1M	1.5B	240M	220M	209M
Liabilities And Stockholders Equity	18.0B	19.6B	26.7B	32.4B	37.2B	22.0B
Non Current Liabilities Total	1.4B	1.8B	1.6B	1.9B	2.7B	2.0B
Inventory	3.5B	4.0B	3.7B	5.6B	5.7B	4.1B
Other Current Assets	257.0M	321.6M	403.7M	593.4M	567.3M	1.1B
Other Stockholder Equity	1.3B	1.4B	6.2B	6.4B	7.3B	7.7B
Total Liab	12.6B	12.5B	13.9B	18.3B	20.2B	15.1B
Total Current Assets	12.4B	13.7B	19.0B	22.3B	22.4B	16.3B
Short Term Debt	1.6B	249.3M	1.3B	2.3B	2.6B	1.5B
Intangible Assets	563.9M	667.5M	958.1M	1.1B	1.1B	786.4M

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

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Tianneng Cash And Short Term Investments vs Long Term Debt Analysis

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Long Term Debt

Tianneng Battery fundamental ratios Correlations

Tianneng Battery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianneng Battery fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Tianneng Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Intangible Assets	+ 1.0	Total Current Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Cash	+ 0.99	Total Stockholder Equity

Intangible Assets	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Other Stockholder Equity	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Net Debt	- 0.95	Total Stockholder Equity