Top Net Receivables vs Total Current Liabilities Analysis
| TCJH Stock | 0.53 0.01 1.92% |
Top KingWin financial indicator trend analysis is much more than just breaking down Top KingWin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Top KingWin is a good investment. Please check the relationship between Top KingWin Net Receivables and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Top KingWin Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Top KingWin Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Top KingWin's Net Receivables and Total Current Liabilities is 0.31. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Top KingWin Ltd, assuming nothing else is changed. The correlation between historical values of Top KingWin's Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Top KingWin Ltd are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Top KingWin's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Top KingWin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Top KingWin Ltd 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.Most indicators from Top KingWin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Top KingWin 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 Top KingWin Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. As of now, Top KingWin's Tax Provision is increasing as compared to previous years. The Top KingWin's current Selling General Administrative is estimated to increase to about 5 M, while Enterprise Value Over EBITDA is forecasted to increase to (8.04).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9M | 2.2M | 3.6M | 3.2M | Total Revenue | 6.3M | 3.1M | 5.5M | 4.5M |
Top KingWin fundamental ratios Correlations
Click cells to compare fundamentals
Top KingWin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Top KingWin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Top KingWin'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 Top Kingwin Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Top Kingwin Ltd Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Top KingWin Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Asset Management & Custody Banks space 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 Top KingWin. If investors know Top 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 Top KingWin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.31) | Revenue Per Share 0.245 | Quarterly Revenue Growth (0.52) | Return On Assets (0.34) | Return On Equity (0.72) |
The market value of Top KingWin is measured differently than its book value, which is the value of Top that is recorded on the company's balance sheet. Investors also form their own opinion of Top KingWin's value that differs from its market value or its book value, called intrinsic value, which is Top KingWin'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 Top KingWin's market value can be influenced by many factors that don't directly affect Top KingWin'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 Top KingWin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Top KingWin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Top KingWin'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.