Tamawood Inventory vs Other Current Liab Analysis
TWD Stock | 2.69 0.02 0.74% |
Tamawood financial indicator trend analysis is much more than just breaking down Tamawood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamawood is a good investment. Please check the relationship between Tamawood Inventory and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamawood. 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.
Inventory vs Other Current Liab
Inventory vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamawood Inventory account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tamawood's Inventory and Other Current Liab is 0.55. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Tamawood, assuming nothing else is changed. The correlation between historical values of Tamawood's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tamawood are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Tamawood's Inventory and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Other Current Liab
Most indicators from Tamawood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamawood 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 Tamawood. 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. Selling General Administrative is likely to gain to about 8.1 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 4.4M | 798K | 12.6M | 7.3M | Other Operating Expenses | 84.3M | 75.7M | 72.8M | 87.4M |
Tamawood fundamental ratios Correlations
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Tamawood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tamawood fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Stockholder Equity | 16.2M | 19.4M | 32.9M | 32.1M | 33.1M | 19.6M | |
Retained Earnings | 9.0M | 8.5M | 4.4M | 2.0M | (2.6M) | (2.4M) | |
Common Stock Shares Outstanding | 27.6M | 28.3M | 29.7M | 35.1M | 36.2M | 33.6M | |
Total Assets | 31.9M | 38.4M | 50.7M | 46.7M | 48.1M | 33.9M | |
Other Current Liab | 4.1M | 4.1M | 5.0M | 2.9M | 3.4M | 2.9M | |
Total Current Liabilities | 7.9M | 8.7M | 7.8M | 6.4M | 7.0M | 9.2M | |
Property Plant And Equipment Net | 5.3M | 4.9M | 5.3M | 3.8M | 3.0M | 3.5M | |
Net Debt | (3.3M) | 622K | (245K) | (1.6M) | (3.2M) | (3.4M) | |
Accounts Payable | 3.0M | 3.7M | 1.9M | 2.6M | 2.8M | 4.4M | |
Cash | 8.2M | 3.8M | 5.2M | 5.2M | 6.1M | 5.3M | |
Non Current Assets Total | 6.6M | 6.0M | 16.4M | 14.9M | 13.7M | 7.7M | |
Non Currrent Assets Other | (26K) | (9K) | (5.1M) | (5.5M) | (1.0) | (0.95) | |
Cash And Short Term Investments | 8.2M | 3.8M | 5.2M | 5.2M | 6.1M | 5.3M | |
Net Receivables | 5.5M | 5.2M | 7.0M | 6.8M | 7.7M | 5.9M | |
Liabilities And Stockholders Equity | 31.9M | 38.4M | 50.7M | 46.7M | 48.1M | 33.9M | |
Non Current Liabilities Total | 7.6M | 10.2M | 9.9M | 8.1M | 7.9M | 4.4M | |
Other Current Assets | 105K | 1.9M | 1.7M | 434K | 701K | 462.7K | |
Total Liab | 15.5M | 18.8M | 17.7M | 14.5M | 14.9M | 13.6M | |
Property Plant And Equipment Gross | 5.3M | 7.8M | 9.5M | 8.6M | 8.2M | 8.6M | |
Total Current Assets | 25.3M | 32.4M | 34.3M | 31.8M | 34.4M | 26.1M | |
Other Liab | 2.7M | 3.5M | 6.6M | 5.7M | 6.6M | 6.9M | |
Other Assets | 370K | 434K | 1.0 | 5.6M | 5.1M | 0.95 | |
Inventory | 11.6M | 21.4M | 20.4M | 19.3M | 19.9M | 15.0M | |
Property Plant Equipment | 5.3M | 4.9M | 5.3M | 3.8M | 3.4M | 3.6M | |
Short Term Debt | 749K | 829K | 799K | 796K | 794K | 515.4K | |
Intangible Assets | 26K | 9K | 5.1M | 5.5M | 6.4M | 6.7M | |
Net Tangible Assets | 11.8M | 16.2M | 19.4M | 27.8M | 32.0M | 33.6M | |
Long Term Debt Total | 4.1M | 3.6M | 4.2M | 2.8M | 3.2M | 2.3M | |
Net Invested Capital | 16.2M | 19.4M | 32.9M | 32.1M | 33.1M | 23.5M | |
Cash And Equivalents | 38K | 65K | 68K | 63K | 56.7K | 53.9K |
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Additional Tools for Tamawood Stock Analysis
When running Tamawood's price analysis, check to measure Tamawood's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tamawood is operating at the current time. Most of Tamawood's value examination focuses on studying past and present price action to predict the probability of Tamawood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamawood's price. Additionally, you may evaluate how the addition of Tamawood to your portfolios can decrease your overall portfolio volatility.