THCH Non Current Assets Total vs Total Assets Analysis

THCH Stock  USD 0.77  0.10  14.93%   
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 Non Current Assets Total and its Total Assets 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.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TH International Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between TH International's Non Current Assets Total and Total Assets is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets 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 Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of TH International Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., TH International's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of TH International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TH International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
As of now, TH International's Tax Provision is increasing as compared to previous years. The TH International's current Selling General Administrative is estimated to increase to about 671.3 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization74.3M133.4M165.9M90.7M
Interest Income315.6K2.7M12.8M13.4M

TH International fundamental ratios Correlations

0.980.99-0.750.9-0.750.990.93-0.880.81-0.160.990.950.910.70.610.390.720.990.680.960.990.910.680.970.92
0.980.95-0.670.87-0.790.960.88-0.810.740.00.950.930.880.810.520.270.780.990.740.90.950.960.740.910.89
0.990.95-0.80.91-0.780.990.94-0.910.85-0.191.00.930.920.60.680.490.640.960.590.991.00.850.590.990.93
-0.75-0.67-0.8-0.820.77-0.78-0.920.97-0.980.41-0.79-0.68-0.65-0.24-0.9-0.88-0.21-0.68-0.14-0.86-0.8-0.52-0.14-0.89-0.65
0.90.870.91-0.82-0.750.890.91-0.920.9-0.080.890.960.930.550.840.580.440.920.380.890.890.840.380.930.93
-0.75-0.79-0.780.77-0.75-0.73-0.770.78-0.78-0.2-0.74-0.68-0.67-0.55-0.64-0.55-0.34-0.74-0.29-0.8-0.78-0.72-0.29-0.81-0.69
0.990.960.99-0.780.89-0.730.94-0.890.83-0.241.00.920.90.640.630.440.70.960.650.971.00.860.650.980.91
0.930.880.94-0.920.91-0.770.94-0.980.95-0.350.940.860.80.560.780.630.550.890.490.940.940.780.490.970.8
-0.88-0.81-0.910.97-0.920.78-0.89-0.98-0.990.34-0.9-0.84-0.81-0.41-0.88-0.76-0.38-0.84-0.31-0.94-0.91-0.7-0.31-0.96-0.8
0.810.740.85-0.980.9-0.780.830.95-0.99-0.340.840.780.750.340.920.830.270.770.20.890.850.630.20.920.75
-0.160.0-0.190.41-0.08-0.2-0.24-0.350.34-0.34-0.24-0.020.010.23-0.24-0.39-0.12-0.03-0.09-0.25-0.210.15-0.09-0.240.03
0.990.951.0-0.790.89-0.741.00.94-0.90.84-0.240.930.910.630.640.450.690.960.630.981.00.860.630.980.91
0.950.930.93-0.680.96-0.680.920.86-0.840.78-0.020.930.970.670.680.370.610.980.560.880.920.910.560.910.97
0.910.880.92-0.650.93-0.670.90.8-0.810.750.010.910.970.530.690.410.50.940.460.890.910.830.460.91.0
0.70.810.6-0.240.55-0.550.640.56-0.410.340.230.630.670.530.07-0.230.870.760.870.490.610.910.870.530.54
0.610.520.68-0.90.84-0.640.630.78-0.880.92-0.240.640.680.690.070.9-0.060.6-0.130.730.660.43-0.130.770.68
0.390.270.49-0.880.58-0.550.440.63-0.760.83-0.390.450.370.41-0.230.9-0.280.32-0.350.60.480.11-0.350.620.41
0.720.780.64-0.210.44-0.340.70.55-0.380.27-0.120.690.610.50.87-0.06-0.280.721.00.540.650.791.00.540.51
0.990.990.96-0.680.92-0.740.960.89-0.840.77-0.030.960.980.940.760.60.320.720.680.910.960.960.680.930.94
0.680.740.59-0.140.38-0.290.650.49-0.310.2-0.090.630.560.460.87-0.13-0.351.00.680.480.60.761.00.480.46
0.960.90.99-0.860.89-0.80.970.94-0.940.89-0.250.980.880.890.490.730.60.540.910.480.990.770.480.990.89
0.990.951.0-0.80.89-0.781.00.94-0.910.85-0.211.00.920.910.610.660.480.650.960.60.990.850.60.980.91
0.910.960.85-0.520.84-0.720.860.78-0.70.630.150.860.910.830.910.430.110.790.960.760.770.850.760.80.84
0.680.740.59-0.140.38-0.290.650.49-0.310.2-0.090.630.560.460.87-0.13-0.351.00.681.00.480.60.760.480.46
0.970.910.99-0.890.93-0.810.980.97-0.960.92-0.240.980.910.90.530.770.620.540.930.480.990.980.80.480.9
0.920.890.93-0.650.93-0.690.910.8-0.80.750.030.910.971.00.540.680.410.510.940.460.890.910.840.460.9
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TH International Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in THCH Stock

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