TVS Other Current Assets vs Net Debt Analysis

TVSELECT

343.15 6.70 1.99%

TVS Electronics financial indicator trend analysis is much more than just breaking down TVS Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TVS Electronics is a good investment. Please check the relationship between TVS Electronics Other Current Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TVS Electronics 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 bureau of economic analysis.

Other Current Assets vs Net Debt

Other Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TVS Electronics Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between TVS Electronics' Other Current Assets and Net Debt is -0.6. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of TVS Electronics Limited, assuming nothing else is changed. The correlation between historical values of TVS Electronics' Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of TVS Electronics Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., TVS Electronics' Other Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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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.

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.

Most indicators from TVS Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TVS Electronics 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 TVS Electronics 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 bureau of economic analysis.

As of November 29, 2024, Selling General Administrative is expected to decline to about 95.4 M. The current year's Tax Provision is expected to grow to about (9 M)

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	1.7B	1.8B	1.0B
Total Revenue	3.1B	3.5B	3.7B	6.1B

Gross Profit Total Revenue

TVS Electronics fundamental ratios 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	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Intangible Assets	Short Term Debt	Current Deferred Revenue
Total Assets		-0.42	-0.08	1.0	0.3	-0.19	-0.57	0.25	0.99	0.89	0.0	0.49	0.99	0.21	0.0	-0.31	1.0	0.87	-0.31	0.99	1.0	0.16	0.02	-0.02	-0.39	0.18
Short Long Term Debt Total	-0.42		-0.07	-0.37	-0.62	0.28	0.95	-0.57	-0.44	-0.49	0.69	-0.66	-0.42	-0.12	-0.43	0.5	-0.45	-0.52	0.06	-0.36	-0.47	-0.14	0.01	0.76	0.84	-0.21
Other Current Liab	-0.08	-0.07		-0.14	0.5	0.62	0.01	0.66	-0.15	-0.22	0.13	0.59	-0.14	0.6	0.78	0.26	-0.13	0.25	-0.15	-0.13	-0.09	0.61	0.33	-0.16	-0.35	-0.37
Total Current Liabilities	1.0	-0.37	-0.14		0.21	-0.23	-0.53	0.16	1.0	0.89	0.02	0.41	0.99	0.14	-0.08	-0.31	1.0	0.83	-0.27	1.0	0.99	0.09	0.02	0.02	-0.32	0.19
Total Stockholder Equity	0.3	-0.62	0.5	0.21		0.14	-0.64	0.88	0.23	0.32	-0.16	0.82	0.25	0.62	0.72	-0.44	0.25	0.59	-0.6	0.2	0.31	0.64	0.17	-0.44	-0.85	0.06
Property Plant And Equipment Net	-0.19	0.28	0.62	-0.23	0.14		0.37	0.44	-0.25	-0.41	0.1	0.18	-0.18	0.75	0.44	0.64	-0.23	0.08	0.03	-0.21	-0.19	0.74	-0.44	-0.1	0.06	-0.2
Net Debt	-0.57	0.95	0.01	-0.53	-0.64	0.37		-0.57	-0.59	-0.63	0.55	-0.68	-0.57	-0.1	-0.38	0.57	-0.59	-0.6	0.18	-0.51	-0.61	-0.11	-0.07	0.6	0.88	-0.19
Retained Earnings	0.25	-0.57	0.66	0.16	0.88	0.44	-0.57		0.19	0.18	-0.23	0.88	0.22	0.73	0.87	-0.11	0.21	0.56	-0.43	0.16	0.27	0.73	-0.01	-0.49	-0.83	-0.05
Accounts Payable	0.99	-0.44	-0.15	1.0	0.23	-0.25	-0.59	0.19		0.89	-0.06	0.44	1.0	0.13	-0.05	-0.32	1.0	0.84	-0.24	0.99	0.99	0.08	0.0	-0.04	-0.37	0.16
Cash	0.89	-0.49	-0.22	0.89	0.32	-0.41	-0.63	0.18	0.89		0.04	0.44	0.87	-0.03	-0.12	-0.44	0.88	0.78	-0.31	0.88	0.88	-0.05	0.09	0.0	-0.42	0.33
Non Current Assets Total	0.0	0.69	0.13	0.02	-0.16	0.1	0.55	-0.23	-0.06	0.04		-0.24	-0.07	0.03	-0.29	0.09	-0.06	-0.08	-0.33	0.02	-0.08	0.02	0.4	0.91	0.34	0.08
Cash And Short Term Investments	0.49	-0.66	0.59	0.41	0.82	0.18	-0.68	0.88	0.44	0.44	-0.24		0.45	0.57	0.84	-0.2	0.46	0.69	-0.48	0.41	0.51	0.56	0.2	-0.43	-0.84	-0.03
Net Receivables	0.99	-0.42	-0.14	0.99	0.25	-0.18	-0.57	0.22	1.0	0.87	-0.07	0.45		0.18	-0.03	-0.28	1.0	0.85	-0.25	0.99	1.0	0.14	-0.06	-0.07	-0.36	0.17
Common Stock Shares Outstanding	0.21	-0.12	0.6	0.14	0.62	0.75	-0.1	0.73	0.13	-0.03	0.03	0.57	0.18		0.64	0.09	0.15	0.45	-0.39	0.15	0.21	0.99	-0.27	-0.23	-0.4	0.02
Short Term Investments	0.0	-0.43	0.78	-0.08	0.72	0.44	-0.38	0.87	-0.05	-0.12	-0.29	0.84	-0.03	0.64		0.04	-0.03	0.29	-0.35	-0.07	0.03	0.65	0.17	-0.47	-0.67	-0.23
Non Current Liabilities Total	-0.31	0.5	0.26	-0.31	-0.44	0.64	0.57	-0.11	-0.32	-0.44	0.09	-0.2	-0.28	0.09	0.04		-0.32	-0.28	0.4	-0.27	-0.32	0.08	-0.34	0.13	0.43	-0.34
Inventory	1.0	-0.45	-0.13	1.0	0.25	-0.23	-0.59	0.21	1.0	0.88	-0.06	0.46	1.0	0.15	-0.03	-0.32		0.84	-0.25	0.99	1.0	0.11	-0.01	-0.06	-0.38	0.2
Other Current Assets	0.87	-0.52	0.25	0.83	0.59	0.08	-0.6	0.56	0.84	0.78	-0.08	0.69	0.85	0.45	0.29	-0.28	0.84		-0.36	0.83	0.87	0.43	0.01	-0.24	-0.56	-0.06
Other Stockholder Equity	-0.31	0.06	-0.15	-0.27	-0.6	0.03	0.18	-0.43	-0.24	-0.31	-0.33	-0.48	-0.25	-0.39	-0.35	0.4	-0.25	-0.36		-0.26	-0.29	-0.36	-0.3	-0.26	0.36	-0.16
Total Liab	0.99	-0.36	-0.13	1.0	0.2	-0.21	-0.51	0.16	0.99	0.88	0.02	0.41	0.99	0.15	-0.07	-0.27	0.99	0.83	-0.26		0.99	0.1	0.0	0.03	-0.31	0.18
Total Current Assets	1.0	-0.47	-0.09	0.99	0.31	-0.19	-0.61	0.27	0.99	0.88	-0.08	0.51	1.0	0.21	0.03	-0.32	1.0	0.87	-0.29	0.99		0.16	-0.01	-0.09	-0.42	0.17
Common Stock	0.16	-0.14	0.61	0.09	0.64	0.74	-0.11	0.73	0.08	-0.05	0.02	0.56	0.14	0.99	0.65	0.08	0.11	0.43	-0.36	0.1	0.16		-0.26	-0.26	-0.42	0.02
Non Currrent Assets Other	0.02	0.01	0.33	0.02	0.17	-0.44	-0.07	-0.01	0.0	0.09	0.4	0.2	-0.06	-0.27	0.17	-0.34	-0.01	0.01	-0.3	0.0	-0.01	-0.26		0.37	-0.17	-0.26
Intangible Assets	-0.02	0.76	-0.16	0.02	-0.44	-0.1	0.6	-0.49	-0.04	0.0	0.91	-0.43	-0.07	-0.23	-0.47	0.13	-0.06	-0.24	-0.26	0.03	-0.09	-0.26	0.37		0.51	0.05
Short Term Debt	-0.39	0.84	-0.35	-0.32	-0.85	0.06	0.88	-0.83	-0.37	-0.42	0.34	-0.84	-0.36	-0.4	-0.67	0.43	-0.38	-0.56	0.36	-0.31	-0.42	-0.42	-0.17	0.51		-0.14
Current Deferred Revenue	0.18	-0.21	-0.37	0.19	0.06	-0.2	-0.19	-0.05	0.16	0.33	0.08	-0.03	0.17	0.02	-0.23	-0.34	0.2	-0.06	-0.16	0.18	0.17	0.02	-0.26	0.05	-0.14

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TVS Electronics Account Relationship Matchups

TVS Electronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.7B	2.0B	2.2B	2.4B	2.1B
Other Current Liab	89.4M	194.9M	299.3M	331.5M	324.3M	340.5M
Total Current Liabilities	899.8M	830.1M	1.1B	1.1B	1.3B	1.2B
Total Stockholder Equity	806.2M	817.9M	926.1M	1.0B	987.9M	553.0M
Property Plant And Equipment Net	216.3M	141.1M	137.5M	228.1M	424.7M	445.9M
Net Debt	125.5M	(14.1M)	(15.3M)	45.8M	386.7M	309.3M
Retained Earnings	426.6M	428.5M	537.5M	631.1M	599.1M	629.1M
Accounts Payable	504.7M	573.7M	679.4M	622.2M	694.3M	906.1M
Cash	138.4M	80.8M	103.6M	90.8M	17.7M	16.8M
Non Current Assets Total	693.5M	636.1M	558.4M	669.4M	664.5M	647.1M
Cash And Short Term Investments	145.2M	251.4M	448.3M	322.9M	294.3M	309.0M
Net Receivables	481.2M	340.8M	427.2M	535.3M	735.2M	689.2M
Common Stock Shares Outstanding	18.8M	18.6M	18.6M	18.7M	21.4M	19.9M
Short Term Investments	6.8M	170.6M	344.7M	232.1M	276.6M	290.4M
Liabilities And Stockholders Equity	1.8B	1.7B	2.0B	2.2B	2.4B	2.1B
Non Current Liabilities Total	76.9M	49.5M	44.9M	103.2M	159.7M	289.0M
Inventory	306.7M	369.6M	469.2M	619.4M	551.3M	574.5M
Other Current Assets	157M	111.1M	124.2M	157.2M	197.5M	123.0M
Other Stockholder Equity	149.2M	149.2M	184.2M	152.5M	137.3M	221.2M
Total Liab	976.7M	879.6M	1.1B	1.2B	1.5B	1.6B
Total Current Assets	1.1B	1.1B	1.5B	1.5B	1.8B	1.5B
Accumulated Other Comprehensive Income	40.6M	50.4M	49.5M	48M	49.8M	52.3M
Non Currrent Assets Other	100K	472M	606.4M	499.1M	76.4M	72.6M
Intangible Assets	167.2M	180M	139.2M	145.4M	147M	176.9M
Short Term Debt	204.1M	1.5M	61.5M	47M	249.3M	210.0M
Current Deferred Revenue	101.6M	109.5M	66M	90.4M	27.3M	25.9M
Other Liab	39M	17.1M	14.3M	18.1M	16.3M	29.3M
Net Tangible Assets	677.5M	639M	637.9M	786.9M	904.9M	553.1M
Other Assets	298.7M	304M	271.8M	270.2M	200K	190K
Property Plant Equipment	216.4M	141.1M	137.6M	228.1M	262.3M	180.5M
Long Term Debt Total	59.8M	35.2M	26.8M	89.6M	103.0M	108.2M
Cash And Equivalents	50M	0.0	2.3M	90.8M	81.7M	68.7M
Net Invested Capital	950.5M	817.9M	963.7M	1.1B	1.4B	1.1B
Net Working Capital	189.6M	231.3M	412.6M	451.8M	483.3M	347.9M

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

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TVS Other Current Assets vs Net Debt Analysis

Other Current Assets vs Net Debt

Other Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Debt

TVS Electronics fundamental ratios Correlations

TVS Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TVS Electronics fundamental ratios Accounts

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Other Information on Investing in TVS Stock

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Total Current Liabilities	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Short Term Debt	- 0.85	Total Stockholder Equity
Short Term Debt	- 0.84	Cash And Short Term Investments
Short Term Debt	- 0.83	Retained Earnings
Cash And Short Term Investments	- 0.68	Net Debt
Short Term Debt	- 0.67	Short Term Investments
Cash And Short Term Investments	- 0.66	Short Long Term Debt Total