THCH Ev To Sales vs Days Of Inventory On Hand Analysis
THCH Stock | USD 0.65 0.01 1.52% |
TH International financial indicator trend analysis is much more than just breaking down TH International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TH International is a good investment. Please check the relationship between TH International Ev To Sales and its Days Of Inventory On Hand accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TH International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Ev To Sales vs Days Of Inventory On Hand
Ev To Sales vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TH International Ev To Sales account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have strong relationship.
The correlation between TH International's Ev To Sales and Days Of Inventory On Hand is 0.73. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of TH International Limited, assuming nothing else is changed. The correlation between historical values of TH International's Ev To Sales and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of TH International Limited are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Ev To Sales i.e., TH International's Ev To Sales and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Days Of Inventory On Hand
Most indicators from TH International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TH International 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 TH International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The TH International's current Tax Provision is estimated to increase to about 102.1 K, while Selling General Administrative is projected to decrease to under 206.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 74.3M | 133.4M | 165.9M | 90.7M | Interest Income | 315.6K | 2.7M | 12.8M | 13.4M |
TH International fundamental ratios Correlations
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TH International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether TH International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TH International's 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 Th International Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Th International Limited Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TH International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Hotels, Restaurants & Leisure 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 TH International. If investors know THCH 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 TH International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Revenue Per Share 9.417 | Quarterly Revenue Growth (0.11) | Return On Assets (0.12) | Return On Equity (9.73) |
The market value of TH International is measured differently than its book value, which is the value of THCH that is recorded on the company's balance sheet. Investors also form their own opinion of TH International's value that differs from its market value or its book value, called intrinsic value, which is TH International'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 TH International's market value can be influenced by many factors that don't directly affect TH International'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 TH International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TH International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TH International'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.