Taiji Net Tangible Assets vs Total Stockholder Equity Analysis

002368 Stock

25.36 0.40 1.60%

Taiji Computer financial indicator trend analysis is much more than just breaking down Taiji Computer Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiji Computer Corp is a good investment. Please check the relationship between Taiji Computer Net Tangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiji Computer Corp. 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.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiji Computer Corp Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Taiji Computer's Net Tangible Assets and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Taiji Computer Corp, assuming nothing else is changed. The correlation between historical values of Taiji Computer's Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Taiji Computer Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Taiji Computer's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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.

Most indicators from Taiji Computer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiji Computer Corp 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 Taiji Computer Corp. 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.

The current year's Selling General Administrative is expected to grow to about 359.6 M, whereas Tax Provision is forecasted to decline to about 9.9 M.

	2021	2022	2023	2024 (projected)
Operating Income	674.2M	628.4M	589.3M	368.8M
Total Revenue	10.5B	10.6B	9.2B	6.1B

Operating Income Total Revenue

Taiji Computer fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Liab	Intangible Assets	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Long Term Debt	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.34	1.0	0.95	0.99	0.87	0.89	0.7	0.91	0.92	0.12	0.99	0.95	0.89	0.73	0.86	-0.2	0.9	0.51	-0.77	0.95	0.63	0.9	0.69	0.69	0.18
Other Current Liab	0.34		0.36	0.19	0.3	0.0	0.5	0.04	0.41	0.22	0.77	0.38	0.32	0.19	0.51	0.24	0.44	-0.05	-0.55	-0.25	0.21	0.68	-0.01	0.48	0.5	-0.39
Total Current Liabilities	1.0	0.36		0.93	0.98	0.87	0.88	0.67	0.93	0.93	0.13	1.0	0.94	0.88	0.69	0.84	-0.19	0.89	0.5	-0.76	0.96	0.62	0.89	0.68	0.68	0.17
Total Stockholder Equity	0.95	0.19	0.93		0.97	0.83	0.78	0.72	0.84	0.84	0.05	0.91	0.96	0.88	0.71	0.89	-0.28	0.91	0.6	-0.76	0.87	0.5	0.87	0.54	0.53	0.26
Retained Earnings	0.99	0.3	0.98	0.97		0.86	0.86	0.69	0.88	0.9	0.13	0.98	0.95	0.9	0.74	0.88	-0.22	0.92	0.54	-0.79	0.93	0.63	0.9	0.66	0.66	0.21
Accounts Payable	0.87	0.0	0.87	0.83	0.86		0.75	0.77	0.78	0.97	-0.18	0.87	0.8	0.92	0.54	0.77	-0.61	0.9	0.8	-0.78	0.94	0.28	0.95	0.51	0.51	0.27
Cash	0.89	0.5	0.88	0.78	0.86	0.75		0.72	0.77	0.82	0.21	0.91	0.81	0.8	0.69	0.7	-0.06	0.72	0.29	-0.63	0.87	0.74	0.79	0.89	0.89	0.07
Other Assets	0.7	0.04	0.67	0.72	0.69	0.77	0.72		0.57	0.74	-0.13	0.68	0.63	0.83	0.42	0.5	-0.48	0.73	0.61	-0.59	0.74	0.3	0.79	0.49	0.48	0.26
Net Receivables	0.91	0.41	0.93	0.84	0.88	0.78	0.77	0.57		0.85	0.13	0.92	0.85	0.79	0.54	0.8	-0.16	0.75	0.4	-0.7	0.86	0.53	0.77	0.52	0.52	0.34
Inventory	0.92	0.22	0.93	0.84	0.9	0.97	0.82	0.74	0.85		0.03	0.92	0.83	0.94	0.64	0.78	-0.5	0.87	0.67	-0.85	0.97	0.45	0.92	0.59	0.58	0.18
Other Current Assets	0.12	0.77	0.13	0.05	0.13	-0.18	0.21	-0.13	0.13	0.03		0.14	0.14	0.04	0.37	0.07	0.36	-0.13	-0.46	-0.21	-0.01	0.63	-0.16	0.17	0.19	-0.45
Total Liab	0.99	0.38	1.0	0.91	0.98	0.87	0.91	0.68	0.92	0.92	0.14		0.93	0.88	0.72	0.83	-0.17	0.88	0.47	-0.76	0.96	0.65	0.89	0.73	0.73	0.16
Common Stock	0.95	0.32	0.94	0.96	0.95	0.8	0.81	0.63	0.85	0.83	0.14	0.93		0.84	0.79	0.85	-0.18	0.84	0.47	-0.72	0.85	0.54	0.8	0.6	0.6	0.09
Property Plant Equipment	0.89	0.19	0.88	0.88	0.9	0.92	0.8	0.83	0.79	0.94	0.04	0.88	0.84		0.71	0.77	-0.53	0.86	0.67	-0.9	0.89	0.45	0.89	0.55	0.54	0.24
Other Liab	0.73	0.51	0.69	0.71	0.74	0.54	0.69	0.42	0.54	0.64	0.37	0.72	0.79	0.71		0.7	-0.09	0.54	0.18	-0.73	0.59	0.61	0.51	0.64	0.65	-0.23
Intangible Assets	0.86	0.24	0.84	0.89	0.88	0.77	0.7	0.5	0.8	0.78	0.07	0.83	0.85	0.77	0.7		-0.27	0.77	0.52	-0.71	0.77	0.48	0.76	0.5	0.5	0.2
Good Will	-0.2	0.44	-0.19	-0.28	-0.22	-0.61	-0.06	-0.48	-0.16	-0.5	0.36	-0.17	-0.18	-0.53	-0.09	-0.27		-0.41	-0.79	0.5	-0.36	0.4	-0.47	0.17	0.18	-0.25
Net Tangible Assets	0.9	-0.05	0.89	0.91	0.92	0.9	0.72	0.73	0.75	0.87	-0.13	0.88	0.84	0.86	0.54	0.77	-0.41		0.76	-0.72	0.92	0.41	0.97	0.53	0.52	0.34
Deferred Long Term Liab	0.51	-0.55	0.5	0.6	0.54	0.8	0.29	0.61	0.4	0.67	-0.46	0.47	0.47	0.67	0.18	0.52	-0.79	0.76		-0.57	0.62	-0.12	0.76	0.05	0.03	0.42
Long Term Investments	-0.77	-0.25	-0.76	-0.76	-0.79	-0.78	-0.63	-0.59	-0.7	-0.85	-0.21	-0.76	-0.72	-0.9	-0.73	-0.71	0.5	-0.72	-0.57		-0.76	-0.44	-0.71	-0.39	-0.39	-0.13
Total Current Assets	0.95	0.21	0.96	0.87	0.93	0.94	0.87	0.74	0.86	0.97	-0.01	0.96	0.85	0.89	0.59	0.77	-0.36	0.92	0.62	-0.76		0.51	0.96	0.68	0.68	0.21
Treasury Stock	0.63	0.68	0.62	0.5	0.63	0.28	0.74	0.3	0.53	0.45	0.63	0.65	0.54	0.45	0.61	0.48	0.4	0.41	-0.12	-0.44	0.51		0.4	0.73	0.74	-0.11
Non Current Assets Total	0.9	-0.01	0.89	0.87	0.9	0.95	0.79	0.79	0.77	0.92	-0.16	0.89	0.8	0.89	0.51	0.76	-0.47	0.97	0.76	-0.71	0.96	0.4		0.6	0.59	0.35
Long Term Debt	0.69	0.48	0.68	0.54	0.66	0.51	0.89	0.49	0.52	0.59	0.17	0.73	0.6	0.55	0.64	0.5	0.17	0.53	0.05	-0.39	0.68	0.73	0.6		1.0	-0.02
Non Current Liabilities Total	0.69	0.5	0.68	0.53	0.66	0.51	0.89	0.48	0.52	0.58	0.19	0.73	0.6	0.54	0.65	0.5	0.18	0.52	0.03	-0.39	0.68	0.74	0.59	1.0		-0.04
Short Long Term Debt	0.18	-0.39	0.17	0.26	0.21	0.27	0.07	0.26	0.34	0.18	-0.45	0.16	0.09	0.24	-0.23	0.2	-0.25	0.34	0.42	-0.13	0.21	-0.11	0.35	-0.02	-0.04

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Taiji Computer Account Relationship Matchups

Taiji Computer fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.7B	13.5B	17.1B	15.9B	16.2B	8.8B
Other Current Liab	2.4B	3.0B	4.3B	205.0M	177.2M	168.4M
Total Current Liabilities	6.4B	8.3B	12.1B	10.5B	10.4B	5.6B
Total Stockholder Equity	3.2B	3.5B	3.7B	4.2B	5.2B	2.7B
Retained Earnings	1.7B	2.0B	2.2B	2.3B	2.5B	1.3B
Accounts Payable	2.8B	4.7B	6.7B	7.0B	7.3B	7.6B
Cash	2.2B	2.8B	2.9B	2.5B	1.7B	1.7B
Other Assets	207.4M	310.1M	333.0M	349.8M	402.2M	422.3M
Net Receivables	3.7B	2.4B	6.6B	4.4B	4.7B	2.9B
Inventory	1.6B	2.5B	3.8B	3.1B	3.2B	3.4B
Other Current Assets	420.4M	480.4M	499.0M	29.3M	30.7M	29.2M
Total Liab	7.2B	9.7B	13.2B	11.4B	10.7B	6.0B
Property Plant Equipment	916.9M	1.1B	1.2B	1.3B	1.5B	1.5B
Other Liab	56.7M	60.8M	107.9M	54.1M	62.2M	50.0M
Intangible Assets	821.0M	882.1M	984.9M	1.1B	1.2B	782.6M
Net Tangible Assets	2.0B	2.3B	2.3B	3.0B	3.4B	2.1B
Deferred Long Term Liab	20.1M	19.8M	20.0M	244.4M	281.1M	295.1M
Total Current Assets	7.9B	10.6B	13.8B	12.3B	12.5B	9.9B
Non Current Assets Total	2.8B	3.0B	3.3B	3.6B	3.7B	3.1B
Non Currrent Assets Other	2.0B	2.4B	71.7K	295.0K	265.5K	252.2K
Long Term Debt	804.2M	1.3B	966.1M	850.1M	233M	221.4M
Non Current Liabilities Total	865.0M	1.4B	1.1B	900.6M	280.2M	266.2M
Short Long Term Debt	1.1B	360M	730.7M	883.2M	890.7M	786.3M
Common Stock Shares Outstanding	577.9M	579.6M	579.7M	591.7M	623.2M	646.6M
Net Invested Capital	5.1B	5.2B	5.4B	5.9B	6.3B	5.5B
Net Working Capital	1.5B	2.2B	1.7B	1.8B	2.0B	1.8B
Capital Stock	412.8M	579.6M	579.7M	591.7M	623.2M	587.1M

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Other Information on Investing in Taiji Stock

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

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Taiji Net Tangible Assets vs Total Stockholder Equity Analysis

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Total Stockholder Equity

Taiji Computer fundamental ratios Correlations

Taiji Computer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Taiji Computer fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Long Term Debt
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Current Liabilities

Long Term Investments	- 0.9	Property Plant Equipment
Long Term Investments	- 0.85	Inventory
Deferred Long Term Liab	- 0.79	Good Will
Long Term Investments	- 0.79	Retained Earnings
Long Term Investments	- 0.78	Accounts Payable
Long Term Investments	- 0.77	Total Assets