TAL Total Current Liabilities vs Asset Turnover Analysis
| TAL Stock | USD 11.43 0.07 0.62% |
TAL Education financial indicator trend analysis is much more than just breaking down TAL Education Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TAL Education Group is a good investment. Please check the relationship between TAL Education Total Current Liabilities and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TAL Education Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Liabilities vs Asset Turnover
Total Current Liabilities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TAL Education Group Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TAL Education's Total Current Liabilities and Asset Turnover is -0.5. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of TAL Education Group, assuming nothing else is changed. The correlation between historical values of TAL Education's Total Current Liabilities and Asset Turnover 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 TAL Education Group are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., TAL Education's Total Current Liabilities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | -0.5 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on TAL Education balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TAL Education Group 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.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from TAL Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TAL Education Group 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 TAL Education Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, TAL Education's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 76.21 this year, although the value of Tax Provision will most likely fall to about 14.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 583.4M | 806.1M | 796.7M | Total Revenue | 4.4B | 1.0B | 1.5B | 1.5B |
TAL Education fundamental ratios Correlations
Click cells to compare fundamentals
TAL Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in TAL Stock
When determining whether TAL Education Group is a strong investment it is important to analyze TAL Education's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TAL Education's future performance. For an informed investment choice regarding TAL Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TAL Education Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Diversified Consumer Services 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 TAL Education. If investors know TAL 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 TAL Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (0.01) | Revenue Per Share 2.444 | Quarterly Revenue Growth 0.597 | Return On Assets (0.01) |
The market value of TAL Education Group is measured differently than its book value, which is the value of TAL that is recorded on the company's balance sheet. Investors also form their own opinion of TAL Education's value that differs from its market value or its book value, called intrinsic value, which is TAL Education'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 TAL Education's market value can be influenced by many factors that don't directly affect TAL Education'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 TAL Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if TAL Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TAL Education'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.