Tian Selling General Administrative vs Tax Provision Analysis

TIRX Stock

USD 2.60 0.32 10.96%

Tian Ruixiang financial indicator trend analysis is much more than just breaking down Tian Ruixiang Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tian Ruixiang Holdings is a good investment. Please check the relationship between Tian Ruixiang Selling General Administrative and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tian Ruixiang Holdings Selling General Administrative account and Tax Provision. At this time, the significance of the direction appears to have pay attention.

The correlation between Tian Ruixiang's Selling General Administrative and Tax Provision is -0.78. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Tian Ruixiang Holdings, assuming nothing else is changed. The correlation between historical values of Tian Ruixiang's Selling General Administrative and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Tian Ruixiang Holdings are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., Tian Ruixiang's Selling General Administrative and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Selling General Administrative

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Tian Ruixiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tian Ruixiang Holdings 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 Tian Ruixiang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Tian Ruixiang's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 3.17 in 2024, whereas Tax Provision is likely to drop slightly above 20.2 K in 2024.

	2020	2021	2023	2024 (projected)
Depreciation And Amortization	589.6K	455.6K	523.9K	550.1K
Interest Income	315.1K	434.4K	499.6K	524.5K

Depreciation And Amortization Interest Income

Tian Ruixiang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock
Total Assets		0.8	0.83	1.0	1.0	0.66	-0.32	-0.78	0.33	0.37	0.35	0.35	1.0	0.83	-0.81	-0.82	0.42	0.88	0.99	0.85	1.0	0.71	0.99	0.99	0.74	0.57
Other Current Liab	0.8		0.97	0.79	0.79	0.36	-0.05	-0.67	0.05	-0.03	-0.06	-0.06	0.8	0.8	-0.83	-0.81	0.56	0.81	0.8	0.96	0.79	0.41	0.84	0.83	0.78	0.45
Total Current Liabilities	0.83	0.97		0.82	0.82	0.49	-0.23	-0.58	0.24	0.13	0.1	0.1	0.83	0.73	-0.83	-0.81	0.64	0.76	0.81	1.0	0.82	0.54	0.85	0.84	0.76	0.39
Total Stockholder Equity	1.0	0.79	0.82		1.0	0.66	-0.32	-0.78	0.33	0.38	0.36	0.36	1.0	0.82	-0.81	-0.81	0.41	0.88	0.99	0.84	1.0	0.71	0.99	0.99	0.74	0.57
Net Tangible Assets	1.0	0.79	0.82	1.0		0.65	-0.32	-0.78	0.33	0.38	0.36	0.36	1.0	0.83	-0.81	-0.81	0.41	0.88	0.99	0.84	1.0	0.71	0.99	0.99	0.73	0.58
Property Plant And Equipment Net	0.66	0.36	0.49	0.66	0.65		-0.86	-0.1	0.86	0.86	0.83	0.83	0.65	0.16	-0.67	-0.68	0.6	0.24	0.56	0.57	0.66	1.0	0.57	0.57	0.64	0.02
Net Debt	-0.32	-0.05	-0.23	-0.32	-0.32	-0.86		-0.27	-1.0	-0.95	-0.94	-0.94	-0.32	0.26	0.34	0.34	-0.43	0.14	-0.21	-0.3	-0.32	-0.84	-0.21	-0.21	-0.31	0.13
Retained Earnings	-0.78	-0.67	-0.58	-0.78	-0.78	-0.1	-0.27		0.26	0.12	0.12	0.12	-0.78	-0.94	0.51	0.5	0.07	-0.93	-0.85	-0.56	-0.78	-0.17	-0.83	-0.83	-0.45	-0.8
Cash	0.33	0.05	0.24	0.33	0.33	0.86	-1.0	0.26		0.95	0.94	0.94	0.33	-0.26	-0.35	-0.34	0.44	-0.14	0.21	0.31	0.33	0.84	0.22	0.22	0.32	-0.12
Non Current Assets Total	0.37	-0.03	0.13	0.38	0.38	0.86	-0.95	0.12	0.95		1.0	1.0	0.37	-0.19	-0.28	-0.27	0.21	-0.09	0.27	0.21	0.38	0.85	0.26	0.26	0.25	0.07
Non Currrent Assets Other	0.35	-0.06	0.1	0.36	0.36	0.83	-0.94	0.12	0.94	1.0		1.0	0.35	-0.21	-0.23	-0.23	0.16	-0.1	0.26	0.18	0.36	0.82	0.24	0.24	0.2	0.09
Other Assets	0.35	-0.06	0.1	0.36	0.36	0.83	-0.94	0.12	0.94	1.0	1.0		0.35	-0.21	-0.23	-0.23	0.16	-0.1	0.26	0.18	0.36	0.82	0.24	0.24	0.2	0.09
Cash And Short Term Investments	1.0	0.8	0.83	1.0	1.0	0.65	-0.32	-0.78	0.33	0.37	0.35	0.35		0.83	-0.81	-0.81	0.42	0.88	0.99	0.85	1.0	0.7	0.99	0.99	0.73	0.57
Net Receivables	0.83	0.8	0.73	0.82	0.83	0.16	0.26	-0.94	-0.26	-0.19	-0.21	-0.21	0.83		-0.63	-0.64	0.2	0.98	0.89	0.71	0.82	0.22	0.89	0.88	0.57	0.64
Common Stock Total Equity	-0.81	-0.83	-0.83	-0.81	-0.81	-0.67	0.34	0.51	-0.35	-0.28	-0.23	-0.23	-0.81	-0.63		0.99	-0.74	-0.69	-0.78	-0.86	-0.81	-0.71	-0.81	-0.81	-0.99	-0.16
Common Stock Shares Outstanding	-0.82	-0.81	-0.81	-0.81	-0.81	-0.68	0.34	0.5	-0.34	-0.27	-0.23	-0.23	-0.81	-0.64	0.99		-0.77	-0.7	-0.78	-0.84	-0.81	-0.71	-0.81	-0.81	-0.98	-0.1
Inventory	0.42	0.56	0.64	0.41	0.41	0.6	-0.43	0.07	0.44	0.21	0.16	0.16	0.42	0.2	-0.74	-0.77		0.25	0.35	0.68	0.41	0.58	0.41	0.4	0.72	-0.43
Other Current Assets	0.88	0.81	0.76	0.88	0.88	0.24	0.14	-0.93	-0.14	-0.09	-0.1	-0.1	0.88	0.98	-0.69	-0.7	0.25		0.93	0.74	0.88	0.3	0.93	0.93	0.63	0.62
Other Stockholder Equity	0.99	0.8	0.81	0.99	0.99	0.56	-0.21	-0.85	0.21	0.27	0.26	0.26	0.99	0.89	-0.78	-0.78	0.35	0.93		0.82	0.99	0.62	1.0	1.0	0.71	0.62
Total Liab	0.85	0.96	1.0	0.84	0.84	0.57	-0.3	-0.56	0.31	0.21	0.18	0.18	0.85	0.71	-0.86	-0.84	0.68	0.74	0.82		0.85	0.61	0.86	0.85	0.79	0.37
Net Invested Capital	1.0	0.79	0.82	1.0	1.0	0.66	-0.32	-0.78	0.33	0.38	0.36	0.36	1.0	0.82	-0.81	-0.81	0.41	0.88	0.99	0.85		0.71	0.99	0.99	0.74	0.57
Property Plant And Equipment Gross	0.71	0.41	0.54	0.71	0.71	1.0	-0.84	-0.17	0.84	0.85	0.82	0.82	0.7	0.22	-0.71	-0.71	0.58	0.3	0.62	0.61	0.71		0.63	0.63	0.67	0.1
Total Current Assets	0.99	0.84	0.85	0.99	0.99	0.57	-0.21	-0.83	0.22	0.26	0.24	0.24	0.99	0.89	-0.81	-0.81	0.41	0.93	1.0	0.86	0.99	0.63		1.0	0.74	0.58
Net Working Capital	0.99	0.83	0.84	0.99	0.99	0.57	-0.21	-0.83	0.22	0.26	0.24	0.24	0.99	0.88	-0.81	-0.81	0.4	0.93	1.0	0.85	0.99	0.63	1.0		0.74	0.59
Intangible Assets	0.74	0.78	0.76	0.74	0.73	0.64	-0.31	-0.45	0.32	0.25	0.2	0.2	0.73	0.57	-0.99	-0.98	0.72	0.63	0.71	0.79	0.74	0.67	0.74	0.74		0.1
Common Stock	0.57	0.45	0.39	0.57	0.58	0.02	0.13	-0.8	-0.12	0.07	0.09	0.09	0.57	0.64	-0.16	-0.1	-0.43	0.62	0.62	0.37	0.57	0.1	0.58	0.59	0.1

Click cells to compare fundamentals

Tian Ruixiang Account Relationship Matchups

Tian Ruixiang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4M	10.1M	40.4M	35.0M	40.3M	42.3M
Other Current Liab	713.0K	1.1M	694.6K	1.4M	1.6M	930.6K
Total Current Liabilities	790.6K	1.3M	1.1M	1.5M	1.7M	1.1M
Total Stockholder Equity	7.6M	8.6M	39.0M	33.5M	38.5M	40.4M
Net Tangible Assets	7.4M	8.5M	38.8M	33.5M	38.5M	40.4M
Property Plant And Equipment Net	144.6K	332.2K	771.5K	152.1K	174.9K	262.8K
Net Debt	(6.1M)	(5.8M)	(29.4M)	143.0K	128.7K	135.1K
Retained Earnings	301.3K	884.1K	(1.1M)	(5.8M)	(5.2M)	(5.0M)
Cash	6.2M	6.1M	30.0M	2.5K	2.9K	2.7K
Non Current Assets Total	321.5K	499.9K	8.7M	172.2K	198.0K	188.1K
Non Currrent Assets Other	6.6K	7.4K	7.8M	20.1K	23.1K	21.9K
Other Assets	6.6K	7.4K	7.8M	20.1K	23.1K	21.9K
Cash And Short Term Investments	6.2M	6.1M	30.0M	26.2M	30.1M	31.6M
Net Receivables	173.1K	1.2M	388.0K	7.8M	9.0M	9.4M
Liabilities And Stockholders Equity	8.4M	10.1M	40.4M	35.0M	40.3M	42.3M
Non Current Liabilities Total	40.1K	133.1K	237.8K	54.7K	62.9K	85.4K
Inventory	1.6M	2.2M	1.2M	692.7K	796.6K	1.3M
Other Current Assets	56.6K	10.3K	50.7K	169.0K	194.3K	204.0K
Other Stockholder Equity	7.7M	7.7M	39.8M	42.7M	49.1M	51.5M
Total Liab	830.7K	1.4M	1.4M	1.5M	1.8M	1.2M
Net Invested Capital	7.6M	8.6M	39.0M	33.5M	38.5M	40.4M
Property Plant And Equipment Gross	144.6K	332.2K	819.2K	197.3K	226.9K	279.9K
Total Current Assets	8.1M	9.6M	31.6M	34.9M	40.1M	42.1M
Accumulated Other Comprehensive Income	(419.3K)	52.7K	296.4K	(3.4M)	(3.1M)	(2.9M)
Net Working Capital	7.3M	8.3M	30.5M	33.4M	38.4M	40.3M
Intangible Assets	16.7K	170.3K	160.2K	147.5K	169.7K	117.7K
Property Plant Equipment	144.6K	332.2K	771.5K	152.1K	174.9K	262.8K
Short Long Term Debt Total	117.7K	321.9K	661.0K	145.5K	167.3K	159.0K
Short Term Debt	77.6K	188.8K	423.1K	90.8K	81.7K	77.6K

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When determining whether Tian Ruixiang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tian Ruixiang'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 Tian Ruixiang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tian Ruixiang Holdings Stock:

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Is Tian Stock a good investment?

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What is Tian Ruixiang's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.

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Is Tian Ruixiang's industry 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 Tian Ruixiang. If investors know Tian 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 Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(4.45)

Revenue Per Share

1.984

Quarterly Revenue Growth

(0.23)

Return On Assets

(0.05)

Return On Equity

(0.07)

The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang'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 Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang'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 Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang'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.

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Tian Selling General Administrative vs Tax Provision Analysis

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

Correlation Coefficient

Selling General Administrative

Tax Provision

Tian Ruixiang fundamental ratios Correlations

Tian Ruixiang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tian Ruixiang fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Cash	- 1.0	Net Debt
Intangible Assets	- 0.99	Common Stock Total Equity
Intangible Assets	- 0.98	Common Stock Shares Outstanding
Non Current Assets Total	- 0.95	Net Debt
Net Receivables	- 0.94	Retained Earnings
Other Assets	- 0.94	Net Debt