TOYO Historical Balance Sheet
| TOYO Stock | 3.08 0.02 0.65% |
Trend analysis of TOYO Co, Ltd balance sheet accounts such as Retained Earnings of 11.7 M, Cash of 21.8 M, Non Current Assets Total of 117.2 M or Cash And Short Term Investments of 21.8 M provides information on TOYO Co,'s total assets, liabilities, and equity, which is the actual value of TOYO Co, to its prevalent stockholders. By breaking down trends over time using TOYO Co, balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining TOYO Co, latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TOYO Co, is a good buy for the upcoming year.
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About TOYO Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of TOYO Co, at a specified time, usually calculated after every quarter, six months, or one year. TOYO Co, Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TOYO Co, 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 TOYO currently owns. An asset can also be divided into two categories, current and non-current.
TOYO Co, Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of TOYO Co, assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TOYO Co, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on TOYO Co, balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TOYO Co, Ltd are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of TOYO Co,, which is listed under current asset account on TOYO Co, Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TOYO Co, customers. The amounts must be unrestricted with restricted cash listed in a different TOYO Co, 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 accounts from TOYO Co,'s balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into TOYO Co, current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 TOYO Co, Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, TOYO Co,'s Non Current Liabilities Total is very stable compared to the past year. As of the 22nd of March 2025, Other Current Assets is likely to grow to about 29.8 M, while Total Assets are likely to drop about 147.7 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 1.8M | 102.5M | 117.8M | 123.7M | Total Assets | 70.7M | 238.3M | 274.0M | 147.7M |
TOYO Co, balance sheet Correlations
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TOYO Co, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with TOYO Co,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TOYO Co, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TOYO Co, will appreciate offsetting losses from the drop in the long position's value.Moving together with TOYO Stock
| 0.83 | EFSH | 1847 Holdings LLC | PairCorr |
| 0.79 | CNR | Core Natural Resources, Symbol Change | PairCorr |
| 0.64 | GBX | Greenbrier Companies | PairCorr |
Moving against TOYO Stock
| 0.57 | MMM | 3M Company | PairCorr |
| 0.48 | BBU | Brookfield Business | PairCorr |
| 0.48 | PLOW | Douglas Dynamics | PairCorr |
| 0.37 | VMI | Valmont Industries | PairCorr |
The ability to find closely correlated positions to TOYO Co, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TOYO Co, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TOYO Co, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TOYO Co, Ltd to buy it.
The correlation of TOYO Co, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TOYO Co, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TOYO Co, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TOYO Co, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOYO Co, Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electrical Components & 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 TOYO Co,. If investors know TOYO 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 TOYO Co, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TOYO Co, is measured differently than its book value, which is the value of TOYO that is recorded on the company's balance sheet. Investors also form their own opinion of TOYO Co,'s value that differs from its market value or its book value, called intrinsic value, which is TOYO Co,'s 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 TOYO Co,'s market value can be influenced by many factors that don't directly affect TOYO Co,'s 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 TOYO Co,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if TOYO Co, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOYO Co,'s 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.