THCH Total Current Liabilities vs Inventory Analysis

THCH Stock  USD 0.71  0.04  5.75%   
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 Current Liabilities 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 Current Liabilities vs Inventory

Total Current Liabilities vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TH International Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TH International's Total Current Liabilities and Inventory is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities 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 Current Liabilities 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 Current Liabilities 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 Current Liabilities i.e., TH International's Total Current Liabilities and Inventory go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on TH International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TH International Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Amortization69.0M121.4M165.9M87.0M
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

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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.