Taiga Historical Balance Sheet

TBL Stock

CAD 3.81 0.07 1.80%

Trend analysis of Taiga Building Products balance sheet accounts such as Total Stockholder Equity of 415.2 M, Property Plant And Equipment Net of 61.1 M, Retained Earnings of 278.6 M or Accounts Payable of 75.2 M provides information on Taiga Building's total assets, liabilities, and equity, which is the actual value of Taiga Building Products to its prevalent stockholders. By breaking down trends over time using Taiga Building 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Taiga Building Products 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 Taiga Building Products is a good buy for the upcoming year.

Taiga Building Inventory

156.42 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taiga Building Products. 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.

About Taiga Balance Sheet Analysis

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

Taiga Building Balance Sheet Chart

At this time, Taiga Building's Common Stock Total Equity is very stable compared to the past year. As of the 26th of December 2024, Common Stock Shares Outstanding is likely to grow to about 112.9 M, while Total Assets are likely to drop about 374.7 M.

Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Net Debt Non Currrent Assets Other

Add Fundamental

Total Current Liabilities

Total Current Liabilities is an item on Taiga Building balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taiga Building Products 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most accounts from Taiga Building's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Taiga Building Products 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 Taiga Building Products. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	131.8M	97.4M	95.4M	156.5M
Total Assets	583.0M	617.8M	624.3M	374.7M

Short Long Term Debt Total Total Assets

Taiga Building balance sheet 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	Non Current Assets Total	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Cash And Short Term Investments	Non Currrent Assets Other	Other Stockholder Equity	Cash	Current Deferred Revenue
Total Assets		-0.49	0.85	-0.22	0.75	0.89	-0.59	0.75	0.53	0.82	0.41	0.59	0.7	0.01	0.89	0.91	-0.11	0.85	0.96	-0.73	0.6	0.52	-0.63	0.19	0.55	0.37
Short Long Term Debt Total	-0.49		-0.53	0.8	-0.79	-0.54	0.82	-0.67	0.26	-0.59	0.24	-0.84	-0.65	0.79	-0.32	-0.78	0.88	-0.59	-0.38	0.81	-0.85	-0.42	0.43	-0.56	-0.4	-0.24
Other Current Liab	0.85	-0.53		-0.13	0.78	0.75	-0.68	0.76	0.46	0.8	0.4	0.62	0.68	-0.11	0.82	0.77	-0.1	0.85	0.82	-0.76	0.56	0.6	-0.63	0.09	0.65	0.62
Total Current Liabilities	-0.22	0.8	-0.13		-0.62	-0.39	0.58	-0.48	0.41	-0.49	0.45	-0.75	-0.6	0.56	-0.02	-0.55	0.81	-0.42	-0.07	0.71	-0.7	-0.19	0.25	-0.5	-0.1	0.1
Total Stockholder Equity	0.75	-0.79	0.78	-0.62		0.71	-0.92	0.96	0.16	0.89	0.1	0.86	0.81	-0.38	0.61	0.88	-0.46	0.94	0.69	-0.92	0.7	0.74	-0.45	0.46	0.69	0.18
Property Plant And Equipment Net	0.89	-0.54	0.75	-0.39	0.71		-0.44	0.63	0.33	0.89	0.11	0.68	0.81	-0.02	0.81	0.84	-0.21	0.81	0.74	-0.77	0.73	0.23	-0.85	0.08	0.23	0.47
Net Debt	-0.59	0.82	-0.68	0.58	-0.92	-0.44		-0.9	-0.03	-0.65	-0.08	-0.76	-0.6	0.58	-0.39	-0.78	0.57	-0.78	-0.59	0.81	-0.6	-0.86	0.18	-0.56	-0.83	-0.08
Retained Earnings	0.75	-0.67	0.76	-0.48	0.96	0.63	-0.9		0.26	0.83	0.27	0.69	0.67	-0.3	0.57	0.83	-0.33	0.92	0.73	-0.83	0.5	0.82	-0.35	0.51	0.77	0.1
Accounts Payable	0.53	0.26	0.46	0.41	0.16	0.33	-0.03	0.26		0.3	0.88	-0.06	0.11	0.65	0.57	0.21	0.63	0.39	0.63	-0.2	-0.12	0.28	-0.18	-0.39	0.31	0.14
Non Current Assets Total	0.82	-0.59	0.8	-0.49	0.89	0.89	-0.65	0.83	0.3		0.1	0.81	0.92	-0.06	0.75	0.83	-0.21	0.95	0.69	-0.88	0.7	0.48	-0.68	0.17	0.44	0.35
Net Receivables	0.41	0.24	0.4	0.45	0.1	0.11	-0.08	0.27	0.88	0.1		-0.23	-0.12	0.48	0.41	0.13	0.54	0.24	0.58	-0.1	-0.31	0.35	-0.01	-0.16	0.39	0.09
Common Stock Total Equity	0.59	-0.84	0.62	-0.75	0.86	0.68	-0.76	0.69	-0.06	0.81	-0.23		0.9	-0.45	0.51	0.79	-0.59	0.77	0.44	-0.89	0.93	0.43	-0.49	0.25	0.39	0.28
Common Stock Shares Outstanding	0.7	-0.65	0.68	-0.6	0.81	0.81	-0.6	0.67	0.11	0.92	-0.12	0.9		-0.16	0.68	0.8	-0.34	0.81	0.54	-0.85	0.84	0.34	-0.62	0.16	0.31	0.38
Non Current Liabilities Total	0.01	0.79	-0.11	0.56	-0.38	-0.02	0.58	-0.3	0.65	-0.06	0.48	-0.45	-0.16		0.14	-0.34	0.92	-0.1	0.06	0.3	-0.49	-0.24	0.04	-0.65	-0.24	-0.04
Inventory	0.89	-0.32	0.82	-0.02	0.61	0.81	-0.39	0.57	0.57	0.75	0.41	0.51	0.68	0.14		0.73	0.08	0.74	0.86	-0.6	0.54	0.33	-0.73	0.02	0.4	0.48
Other Current Assets	0.91	-0.78	0.77	-0.55	0.88	0.84	-0.78	0.83	0.21	0.83	0.13	0.79	0.8	-0.34	0.73		-0.48	0.85	0.84	-0.86	0.79	0.58	-0.56	0.43	0.58	0.27
Total Liab	-0.11	0.88	-0.1	0.81	-0.46	-0.21	0.57	-0.33	0.63	-0.21	0.54	-0.59	-0.34	0.92	0.08	-0.48		-0.18	0.0	0.47	-0.66	-0.15	0.18	-0.65	-0.12	-0.01
Property Plant And Equipment Gross	0.85	-0.59	0.85	-0.42	0.94	0.81	-0.78	0.92	0.39	0.95	0.24	0.77	0.81	-0.1	0.74	0.85	-0.18		0.78	-0.88	0.61	0.7	-0.55	0.23	0.67	0.26
Total Current Assets	0.96	-0.38	0.82	-0.07	0.69	0.74	-0.59	0.73	0.63	0.69	0.58	0.44	0.54	0.06	0.86	0.84	0.0	0.78		-0.63	0.43	0.64	-0.46	0.2	0.68	0.28
Short Term Debt	-0.73	0.81	-0.76	0.71	-0.92	-0.77	0.81	-0.83	-0.2	-0.88	-0.1	-0.89	-0.85	0.3	-0.6	-0.86	0.47	-0.88	-0.63		-0.8	-0.54	0.57	-0.28	-0.51	-0.31
Common Stock	0.6	-0.85	0.56	-0.7	0.7	0.73	-0.6	0.5	-0.12	0.7	-0.31	0.93	0.84	-0.49	0.54	0.79	-0.66	0.61	0.43	-0.8		0.21	-0.61	0.21	0.21	0.38
Cash And Short Term Investments	0.52	-0.42	0.6	-0.19	0.74	0.23	-0.86	0.82	0.28	0.48	0.35	0.43	0.34	-0.24	0.33	0.58	-0.15	0.7	0.64	-0.54	0.21		0.11	0.42	0.98	-0.1
Non Currrent Assets Other	-0.63	0.43	-0.63	0.25	-0.45	-0.85	0.18	-0.35	-0.18	-0.68	-0.01	-0.49	-0.62	0.04	-0.73	-0.56	0.18	-0.55	-0.46	0.57	-0.61	0.11		0.01	0.05	-0.6
Other Stockholder Equity	0.19	-0.56	0.09	-0.5	0.46	0.08	-0.56	0.51	-0.39	0.17	-0.16	0.25	0.16	-0.65	0.02	0.43	-0.65	0.23	0.2	-0.28	0.21	0.42	0.01		0.4	-0.24
Cash	0.55	-0.4	0.65	-0.1	0.69	0.23	-0.83	0.77	0.31	0.44	0.39	0.39	0.31	-0.24	0.4	0.58	-0.12	0.67	0.68	-0.51	0.21	0.98	0.05	0.4		-0.03
Current Deferred Revenue	0.37	-0.24	0.62	0.1	0.18	0.47	-0.08	0.1	0.14	0.35	0.09	0.28	0.38	-0.04	0.48	0.27	-0.01	0.26	0.28	-0.31	0.38	-0.1	-0.6	-0.24	-0.03

Click cells to compare fundamentals

Taiga Building Account Relationship Matchups

Taiga Building balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	395.0M	474.2M	583.0M	617.8M	624.3M	374.7M
Short Long Term Debt Total	167.8M	124.9M	131.8M	97.4M	95.4M	156.5M
Other Current Liab	10.7M	41.5M	105.8M	67.0M	47.4M	49.8M
Total Current Liabilities	131.4M	141.0M	206.0M	153.4M	131.7M	145.3M
Total Stockholder Equity	139.7M	205.0M	267.1M	363.2M	395.4M	415.2M
Property Plant And Equipment Net	123.4M	119.4M	121.3M	122.1M	119.1M	61.1M
Net Debt	264.3M	220.5M	49.6M	2.9M	(57.4M)	(54.5M)
Retained Earnings	6.9M	77.7M	140.4M	229.0M	265.3M	278.6M
Accounts Payable	53.9M	81.4M	81.8M	81.0M	78.7M	75.2M
Non Current Assets Total	149.6M	144.0M	152.4M	153.9M	157.7M	165.5M
Net Receivables	85.3M	136.8M	139.2M	138.1M	133.7M	129.9M
Common Stock Shares Outstanding	114.5M	110.3M	108.5M	108.2M	107.5M	112.9M
Liabilities And Stockholders Equity	395.0M	474.2M	583.0M	617.8M	624.3M	374.7M
Non Current Liabilities Total	124.0M	128.1M	110.0M	101.2M	97.2M	120.3M
Inventory	157.3M	190.0M	217.7M	226.4M	174.8M	156.4M
Other Current Assets	2.8M	3.4M	4.0M	5.0M	5.4M	2.7M
Total Liab	255.3M	269.1M	315.9M	254.6M	228.9M	320.1M
Property Plant And Equipment Gross	123.4M	119.4M	176.8M	187.1M	193.1M	202.8M
Total Current Assets	245.4M	330.1M	430.6M	464.0M	466.6M	303.0M
Short Term Debt	52.8M	13.8M	18.4M	5.4M	5.5M	5.3M
Common Stock	127.3M	124.0M	123.2M	123.1M	122.5M	62.7M
Cash And Short Term Investments	(96.5M)	(95.6M)	69.7M	94.5M	152.8M	160.4M
Accumulated Other Comprehensive Income	5.5M	3.3M	3.5M	11.1M	7.6M	8.0M
Non Currrent Assets Other	(149.4M)	(143.8M)	(144.4M)	(145.7M)	(1.0)	(1.05)
Other Stockholder Equity	5.5M	3.3M	3.5M	11.1M	10.0M	7.0M
Cash	(96.5M)	(95.6M)	69.7M	94.5M	92.8M	97.4M
Other Liab	8.9M	17.0M	9.1M	9.2M	10.5M	9.7M
Net Tangible Assets	113.7M	180.6M	243.9M	339.7M	390.6M	410.1M
Other Assets	190K	267K	8.0M	8.1M	1.0	0.95
Long Term Debt	12.5M	33.6M	23.0M	19.9M	19.3M	0.0
Short Long Term Debt	72.3M	48.3M	9.4M	13.1M	11.8M	11.2M
Property Plant Equipment	123.4M	119.4M	121.3M	122.1M	140.5M	81.8M
Long Term Debt Total	115.1M	111.1M	113.4M	92.0M	82.8M	82.9M
Capital Lease Obligations	96.5M	95.6M	99.4M	97.4M	95.4M	83.7M
Good Will	10.2M	10.0M	9.9M	10.6M	10.3M	8.2M
Net Invested Capital	211.0M	234.3M	287.0M	363.2M	395.4M	314.4M
Capital Stock	127.3M	124.0M	123.2M	123.1M	122.5M	100.2M

Pair Trading with Taiga Building

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 Taiga Building 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 Taiga Building will appreciate offsetting losses from the drop in the long position's value.

Moving against Taiga Stock

0.33

RTH

Rathdowney Resources

Pair Corr

The ability to find closely correlated positions to Taiga Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiga Building 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 Taiga Building - 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 Taiga Building Products to buy it.

The correlation of Taiga Building 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 Taiga Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiga Building Products 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 Taiga Building 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.

Pair Correlation Correlation Matching

Other Information on Investing in Taiga Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Taiga Historical Balance Sheet

Taiga Building Inventory

156.42 Million

About Taiga Balance Sheet Analysis

Taiga Building Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

Net Debt

Non Currrent Assets Other

Taiga Building balance sheet Correlations

Taiga Building Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Taiga Building balance sheet Accounts

Pair Trading with Taiga Building

Moving against Taiga Stock

Other Information on Investing in Taiga Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 0.98	Cash And Short Term Investments
Total Current Assets	+ 0.96	Total Assets
Retained Earnings	+ 0.96	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.95	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.94	Total Stockholder Equity
Common Stock	+ 0.93	Common Stock Total Equity

Short Term Debt	- 0.92	Total Stockholder Equity
Net Debt	- 0.92	Total Stockholder Equity
Retained Earnings	- 0.9	Net Debt
Short Term Debt	- 0.89	Common Stock Total Equity
Short Term Debt	- 0.88	Property Plant And Equipment Gross
Short Term Debt	- 0.88	Non Current Assets Total