TPI Total Liab vs Property Plant And Equipment Net Analysis

TPIC Stock  USD 1.83  0.10  5.18%   
TPI Composites financial indicator trend analysis is much more than just breaking down TPI Composites prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPI Composites is a good investment. Please check the relationship between TPI Composites Total Liab and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TPI Composites Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TPI Composites' Total Liab and Property Plant And Equipment Net is 0.86. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of TPI Composites, assuming nothing else is changed. The correlation between historical values of TPI Composites' Total Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of TPI Composites are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., TPI Composites' Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from TPI Composites' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPI Composites 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.As of December 4, 2024, Selling General Administrative is expected to decline to about 31.1 M. In addition to that, Tax Provision is expected to decline to about 15.8 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses29.2M32.3M49.1M31.1M
Cost Of Revenue1.8B1.5B1.5B1.0B

TPI Composites fundamental ratios Correlations

0.650.20.980.470.960.43-0.320.990.860.970.790.860.960.270.85-0.150.71-0.370.830.840.910.770.990.490.29
0.65-0.250.65-0.130.670.94-0.760.630.560.670.420.560.60.840.63-0.380.9-0.40.480.540.730.930.620.260.21
0.2-0.250.140.570.23-0.390.10.210.250.230.290.250.24-0.310.01-0.32-0.21-0.470.50.35-0.010.030.180.08-0.56
0.980.650.140.370.910.42-0.360.960.880.920.720.880.910.290.89-0.140.75-0.230.790.770.940.760.990.380.43
0.47-0.130.570.370.49-0.310.490.510.430.490.760.430.47-0.420.210.28-0.25-0.260.340.650.090.050.450.52-0.16
0.960.670.230.910.490.5-0.270.980.741.00.80.740.960.270.77-0.190.68-0.510.820.810.860.760.910.570.1
0.430.94-0.390.42-0.310.5-0.730.440.260.510.210.260.440.860.45-0.380.82-0.440.290.320.560.820.370.260.07
-0.32-0.760.1-0.360.49-0.27-0.73-0.24-0.39-0.280.08-0.39-0.27-0.87-0.370.62-0.780.31-0.43-0.29-0.53-0.74-0.330.24-0.09
0.990.630.210.960.510.980.44-0.240.790.980.810.790.970.240.85-0.10.68-0.410.790.820.880.760.960.570.24
0.860.560.250.880.430.740.26-0.390.790.750.711.00.70.320.74-0.140.58-0.10.70.810.780.660.90.140.42
0.970.670.230.920.491.00.51-0.280.980.750.810.750.960.280.78-0.180.69-0.510.820.810.870.770.910.580.11
0.790.420.290.720.760.80.210.080.810.710.810.710.74-0.010.60.180.31-0.350.540.740.530.490.760.690.12
0.860.560.250.880.430.740.26-0.390.791.00.750.710.70.320.74-0.140.58-0.10.70.810.780.660.90.140.42
0.960.60.240.910.470.960.44-0.270.970.70.960.740.70.230.82-0.20.68-0.550.850.80.860.740.920.640.11
0.270.84-0.310.29-0.420.270.86-0.870.240.320.28-0.010.320.230.37-0.450.69-0.290.180.320.450.750.26-0.090.1
0.850.630.010.890.210.770.45-0.370.850.740.780.60.740.820.37-0.080.73-0.180.620.630.870.710.870.370.45
-0.15-0.38-0.32-0.140.28-0.19-0.380.62-0.1-0.14-0.180.18-0.14-0.2-0.45-0.08-0.440.52-0.52-0.12-0.27-0.39-0.120.170.42
0.710.9-0.210.75-0.250.680.82-0.780.680.580.690.310.580.680.690.73-0.44-0.320.640.440.880.870.70.20.34
-0.37-0.4-0.47-0.23-0.26-0.51-0.440.31-0.41-0.1-0.51-0.35-0.1-0.55-0.29-0.180.52-0.32-0.59-0.46-0.26-0.51-0.26-0.580.71
0.830.480.50.790.340.820.29-0.430.790.70.820.540.70.850.180.62-0.520.64-0.590.710.780.630.80.31-0.1
0.840.540.350.770.650.810.32-0.290.820.810.810.740.810.80.320.63-0.120.44-0.460.710.640.690.830.380.04
0.910.73-0.010.940.090.860.56-0.530.880.780.870.530.780.860.450.87-0.270.88-0.260.780.640.780.910.290.41
0.770.930.030.760.050.760.82-0.740.760.660.770.490.660.740.750.71-0.390.87-0.510.630.690.780.740.310.14
0.990.620.180.990.450.910.37-0.330.960.90.910.760.90.920.260.87-0.120.7-0.260.80.830.910.740.410.39
0.490.260.080.380.520.570.260.240.570.140.580.690.140.64-0.090.370.170.2-0.580.310.380.290.310.41-0.17
0.290.21-0.560.43-0.160.10.07-0.090.240.420.110.120.420.110.10.450.420.340.71-0.10.040.410.140.39-0.17
Click cells to compare fundamentals

TPI Composites Account Relationship Matchups

TPI Composites fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets826.7M956.3M1.0B962.2M804.1M641.2M
Short Long Term Debt Total271.9M398.9M243.8M216.8M624.3M655.6M
Other Current Liab47.6M24.8M96.6M54.6M20.2M19.2M
Total Current Liabilities373.9M406.1M469.1M456.6M386.4M324.8M
Total Stockholder Equity205.1M201.0M251.0M50.5M(122.3M)(116.2M)
Property Plant And Equipment Net327.4M367.8M306.8M289.2M264.9M193.4M
Net Debt201.6M269.0M1.6M83.2M463.3M486.4M
Retained Earnings(90.7M)(109.7M)(269.3M)(334.6M)(536.3M)(509.5M)
Accounts Payable293.1M296.0M282.5M280.5M227.7M191.9M
Cash70.3M129.9M242.2M133.5M161.1M109.5M
Non Current Assets Total358.3M408.1M347.4M317.0M301.0M220.5M
Non Currrent Assets Other30.9M40.3M40.7M12.2M12.5M20.5M
Cash And Short Term Investments70.3M129.9M242.2M133.5M161.1M109.5M
Net Receivables350.5M368.7M333.2M426.1M284.0M221.6M
Common Stock Shares Outstanding35.1M35.5M37.4M42.0M42.7M33.5M
Short Term Investments6.1M2.8M1.2M586K597K567.2K
Liabilities And Stockholders Equity826.7M956.3M1.0B962.2M804.1M641.2M
Non Current Liabilities Total247.7M349.1M287.6M455.1M540.0M567.0M
Inventory6.7M10.8M11.5M10.7M9.4M8.9M
Other Current Assets29.8M62.8M91.9M103.7M48.0M34.1M
Other Stockholder Equity295.4M343.4M444.8M400.0M421.2M216.5M
Total Liab621.6M755.2M756.7M911.7M926.4M577.4M
Property Plant And Equipment Gross327.4M209.0M306.8M289.2M480.3M504.3M
Total Current Assets468.4M548.2M660.3M645.2M503.1M420.6M
Accumulated Other Comprehensive Income(23.6M)(33.0M)(54.0M)(15.4M)(7.6M)(8.0M)
Intangible Assets5.7M5.7M3.5M3.3M2.4M3.8M
Current Deferred Revenue3.0M614K1.3M17.1M24.0M23.0M
Short Term Debt30.1M84.7M88.7M104.4M114.5M63.6M
Other Liab3.3M8.9M11.0M10.7M12.3M6.4M
Net Tangible Assets199.5M198.2M370.1M357.6M411.2M431.8M
Other Assets25.4M192.1M40.7M24.2M27.9M43.0M
Long Term Debt127.9M184.3M8.2M1.2M414.7M435.5M
Deferred Long Term Liab3.0M2.9M2.6M2.4M2.8M2.7M
Short Long Term Debt13.5M32.6M66.4M60.0M70.5M50.1M
Common Stock353K368K374K424K470K405.6K
Property Plant Equipment327.4M209.0M169.6M136.8M157.4M163.3M
Long Term Debt Total127.9M184.3M8.2M1.2M1.1M1.0M
Common Stock Total Equity353K368K374K424K487.6K399.6K
Retained Earnings Total Equity(90.7M)(109.7M)(269.3M)(334.6M)(301.1M)(286.1M)
Capital Surpluse322.9M349.5M451.4M407.6M468.7M383.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TPI Composites offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TPI Composites' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tpi Composites Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tpi Composites Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TPI Composites. If investors know TPI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
28.054
Quarterly Revenue Growth
0.028
Return On Assets
(0.12)
Return On Equity
(3.53)
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.