Tianjin Short Term Investments vs Other Current Assets Analysis

002887 Stock   7.19  0.15  2.13%   
Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Short Term Investments and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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 Other Current Assets

Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin LVYIN Landscape Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Tianjin LVYIN's Short Term Investments and Other Current Assets is -0.93. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Short Term Investments and Other Current Assets 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 Tianjin LVYIN Landscape are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., Tianjin LVYIN's Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

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

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 Tianjin LVYIN Landscape. 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 Tax Provision is expected to grow to about 34 M, whereas Selling General Administrative is forecasted to decline to about 11.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit226.6M248.4M154.7M202.2M
Total Revenue585.1M586.7M400.3M512.6M

Tianjin LVYIN fundamental ratios Correlations

0.70.770.94-0.570.770.830.860.20.680.75-0.330.640.890.850.860.91-0.880.820.90.75-0.68-0.680.930.780.9
0.70.970.81-0.860.930.590.940.570.760.990.030.840.850.880.80.79-0.660.530.810.95-0.32-0.320.820.510.84
0.770.970.89-0.840.970.620.980.60.860.980.080.880.920.950.810.87-0.760.560.890.95-0.35-0.350.90.570.91
0.940.810.89-0.630.890.710.930.460.850.86-0.060.750.950.950.780.91-0.910.780.930.82-0.62-0.620.950.640.98
-0.57-0.86-0.84-0.63-0.72-0.43-0.76-0.53-0.59-0.840.17-0.76-0.63-0.69-0.72-0.610.4-0.47-0.62-0.850.340.34-0.64-0.53-0.61
0.770.930.970.89-0.720.710.960.550.840.930.110.840.960.980.760.9-0.770.550.920.87-0.29-0.290.920.530.94
0.830.590.620.71-0.430.710.73-0.070.420.59-0.390.480.810.760.80.87-0.650.590.820.58-0.34-0.340.840.720.74
0.860.940.980.93-0.760.960.730.50.870.960.00.880.960.970.880.94-0.820.60.960.95-0.38-0.380.960.690.94
0.20.570.60.46-0.530.55-0.070.50.680.580.460.610.40.540.290.3-0.270.130.390.57-0.1-0.10.360.110.46
0.680.760.860.85-0.590.840.420.870.680.810.350.830.850.860.620.79-0.760.440.860.81-0.29-0.290.830.50.86
0.750.990.980.86-0.840.930.590.960.580.810.00.880.860.890.820.81-0.710.580.840.98-0.39-0.390.860.570.86
-0.330.030.08-0.060.170.11-0.390.00.460.350.00.070.040.05-0.3-0.07-0.09-0.490.01-0.030.570.57-0.08-0.410.04
0.640.840.880.75-0.760.840.480.880.610.830.880.070.770.80.730.77-0.560.320.810.92-0.18-0.180.80.690.73
0.890.850.920.95-0.630.960.810.960.40.850.860.040.770.980.80.97-0.880.640.980.82-0.39-0.390.980.630.98
0.850.880.950.95-0.690.980.760.970.540.860.890.050.80.980.810.94-0.830.640.960.85-0.4-0.40.960.610.98
0.860.80.810.78-0.720.760.80.880.290.620.82-0.30.730.80.810.88-0.690.560.860.88-0.4-0.40.870.870.76
0.910.790.870.91-0.610.90.870.940.30.790.81-0.070.770.970.940.88-0.850.580.990.82-0.34-0.340.990.780.93
-0.88-0.66-0.76-0.910.4-0.77-0.65-0.82-0.27-0.76-0.71-0.09-0.56-0.88-0.83-0.69-0.85-0.66-0.86-0.670.50.5-0.87-0.54-0.91
0.820.530.560.78-0.470.550.590.60.130.440.58-0.490.320.640.640.560.58-0.660.570.5-0.93-0.930.660.410.72
0.90.810.890.93-0.620.920.820.960.390.860.840.010.810.980.960.860.99-0.860.570.85-0.34-0.340.990.750.95
0.750.950.950.82-0.850.870.580.950.570.810.98-0.030.920.820.850.880.82-0.670.50.85-0.34-0.340.850.70.8
-0.68-0.32-0.35-0.620.34-0.29-0.34-0.38-0.1-0.29-0.390.57-0.18-0.39-0.4-0.4-0.340.5-0.93-0.34-0.341.0-0.44-0.33-0.5
-0.68-0.32-0.35-0.620.34-0.29-0.34-0.38-0.1-0.29-0.390.57-0.18-0.39-0.4-0.4-0.340.5-0.93-0.34-0.341.0-0.44-0.33-0.5
0.930.820.90.95-0.640.920.840.960.360.830.86-0.080.80.980.960.870.99-0.870.660.990.85-0.44-0.440.760.96
0.780.510.570.64-0.530.530.720.690.110.50.57-0.410.690.630.610.870.78-0.540.410.750.7-0.33-0.330.760.57
0.90.840.910.98-0.610.940.740.940.460.860.860.040.730.980.980.760.93-0.910.720.950.8-0.5-0.50.960.57
Click cells to compare fundamentals

Tianjin LVYIN Account Relationship Matchups

Tianjin LVYIN fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab281.0K526.3K11.4M39.4M45.4M47.6M
Net Tangible Assets1.7B1.9B2.1B2.2B2.5B1.7B
Retained Earnings768.1M997.5M1.0B1.0B1.1B789.6M
Other Assets67.0M468.6M1.3B1.5B1.7B1.8B
Deferred Long Term Liab530.5K347.2K782.0K530.8K477.7K543.9K
Common Stock80M160M208M312M358.8M187.3M
Property Plant Equipment42.9M38.6M36.2M60.9M70.0M46.4M
Total Assets3.0B3.6B4.4B4.9B4.5B3.6B
Other Current Liab287.5M256.1M187.3M78.8M80.8M153.5M
Total Current Liabilities708.5M828.2M683.0M846.8M650.5M706.9M
Total Stockholder Equity1.9B2.1B2.2B2.4B2.4B2.1B
Accounts Payable389.6M485.9M371.4M379.6M326.3M303.2M
Cash1.1B1.0B1.3B1.6B546.1M921.2M
Non Current Assets Total561.7M1.4B1.6B1.9B2.1B1.1B
Non Currrent Assets Other561.7M807.7M967.5M905.0M1.1B636.9M
Net Receivables808.0M602.2M1.2B1.0B1.0B926.0M
Non Current Liabilities Total300.8M600.3M1.5B1.6B1.4B734.8M
Inventory301.6M2.0M1.8M1.3M1.4M1.4M
Other Current Assets38.8M98.3M94.6M151.2M692.5M727.1M
Total Liab1.0B1.4B2.1B2.4B2.0B1.4B
Total Current Assets2.4B2.2B2.8B2.9B2.4B2.5B
Net Invested Capital2.2B2.7B3.6B4.0B3.7B3.1B
Net Working Capital1.7B1.4B2.1B2.1B1.7B1.9B

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Other Information on Investing in Tianjin Stock

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