Tian Net Debt from 2010 to 2024

TIRX Stock  USD 1.78  0.04  2.30%   
Tian Ruixiang Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about -602.6 K in 2024. Net Debt is the total debt of Tian Ruixiang Holdings minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
-573.9 K
Current Value
-602.6 K
Quarterly Volatility
7.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tian Ruixiang financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tian Ruixiang's main balance sheet or income statement drivers, such as Tax Provision of 126.5 K, Net Interest Income of 883.8 K or Interest Income of 883.8 K, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0 or PTB Ratio of 0.0939. Tian financial statements analysis is a perfect complement when working with Tian Ruixiang Valuation or Volatility modules.
  
Check out the analysis of Tian Ruixiang Correlation against competitors.

Latest Tian Ruixiang's Net Debt Growth Pattern

Below is the plot of the Net Debt of Tian Ruixiang Holdings over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Tian Ruixiang's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tian Ruixiang's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Pretty Stable
   Net Debt   
       Timeline  

Tian Net Debt Regression Statistics

Arithmetic Mean(3,332,522)
Geometric Mean478,584
Coefficient Of Variation(228.01)
Mean Deviation4,575,187
Median(96,096)
Standard Deviation7,598,590
Sample Variance57.7T
Range29.5M
R-Value(0.24)
Mean Square Error58.6T
R-Squared0.06
Significance0.39
Slope(405,123)
Total Sum of Squares808.3T

Tian Net Debt History

2024-602.6 K
2023-573.9 K
2022-637.7 K
2021143 K
2020-29.4 M
2019-5.8 M
2018-6.1 M

Other Fundumenentals of Tian Ruixiang Holdings

Tian Ruixiang Net Debt component correlations

1.00.96-0.41-0.740.290.861.00.990.990.770.690.66-0.370.69-0.18
1.00.96-0.45-0.720.330.821.00.990.990.760.650.7-0.340.65-0.14
0.960.96-0.35-0.80.240.830.950.960.950.730.650.65-0.580.65-0.26
-0.41-0.45-0.35-0.230.11-0.1-0.43-0.38-0.4-0.330.14-0.87-0.140.14-0.68
-0.74-0.72-0.8-0.23-0.2-0.79-0.72-0.73-0.71-0.48-0.85-0.120.6-0.850.62
0.290.330.240.11-0.20.060.310.410.440.230.090.020.170.09-0.1
0.860.820.83-0.1-0.790.060.840.830.80.720.740.37-0.450.74-0.49
1.01.00.95-0.43-0.720.310.840.990.990.760.680.67-0.330.68-0.15
0.990.990.96-0.38-0.730.410.830.991.00.780.650.64-0.350.65-0.21
0.990.990.95-0.4-0.710.440.80.991.00.770.630.65-0.320.63-0.17
0.770.760.73-0.33-0.480.230.720.760.780.770.260.64-0.280.26-0.34
0.690.650.650.14-0.850.090.740.680.650.630.260.05-0.331.0-0.35
0.660.70.65-0.87-0.120.020.370.670.640.650.640.05-0.170.050.41
-0.37-0.34-0.58-0.140.60.17-0.45-0.33-0.35-0.32-0.28-0.33-0.17-0.340.48
0.690.650.650.14-0.850.090.740.680.650.630.261.00.05-0.34-0.35
-0.18-0.14-0.26-0.680.62-0.1-0.49-0.15-0.21-0.17-0.34-0.350.410.48-0.35
Click cells to compare fundamentals

About Tian Ruixiang Financial Statements

Tian Ruixiang investors use historical fundamental indicators, such as Tian Ruixiang's Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tian Ruixiang. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-573.9 K-602.6 K
Net Debt To EBITDA 0.20  0.21 

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Additional Tools for Tian Stock Analysis

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.