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