TDH Net Tangible Assets vs Common Stock Shares Outstanding Analysis

PETZ Stock  USD 1.16  0.01  0.85%   
TDH Holdings financial indicator trend analysis is much more than just breaking down TDH Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TDH Holdings is a good investment. Please check the relationship between TDH Holdings Net Tangible Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in TDH Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy TDH Stock please use our How to Invest in TDH Holdings guide.

Net Tangible Assets vs Common Stock Shares Outstanding

Net Tangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TDH Holdings Net Tangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TDH Holdings' Net Tangible Assets and Common Stock Shares Outstanding is 0.8. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of TDH Holdings, assuming nothing else is changed. The correlation between historical values of TDH Holdings' Net Tangible Assets and Common Stock Shares Outstanding 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 Tangible Assets of TDH Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Tangible Assets i.e., TDH Holdings' Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from TDH Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TDH Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in TDH Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy TDH Stock please use our How to Invest in TDH Holdings guide.At this time, TDH Holdings' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 2.42 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.0M4.1M7.4M4.2M
Cost Of Revenue1.1M2.0M2.1M2.0M

TDH Holdings fundamental ratios Correlations

0.140.580.220.770.73-0.16-0.66-0.81-0.84-0.350.96-0.040.750.91-0.740.770.80.770.81-0.460.690.940.330.08-0.03
0.14-0.030.77-0.37-0.40.92-0.280.4-0.430.590.10.930.59-0.04-0.370.28-0.14-0.060.36-0.30.30.180.810.810.94
0.58-0.030.490.220.18-0.08-0.3-0.59-0.44-0.30.680.020.310.49-0.40.360.280.230.32-0.370.480.50.5-0.1-0.04
0.220.770.49-0.43-0.470.81-0.210.24-0.350.560.190.870.56-0.05-0.290.16-0.24-0.150.25-0.180.380.160.980.650.84
0.77-0.370.22-0.430.95-0.68-0.51-0.89-0.58-0.690.72-0.590.370.89-0.530.650.930.880.64-0.320.320.74-0.33-0.39-0.55
0.73-0.40.18-0.470.95-0.67-0.38-0.86-0.44-0.590.69-0.60.290.79-0.390.520.80.710.51-0.150.450.66-0.34-0.27-0.6
-0.160.92-0.080.81-0.68-0.67-0.030.67-0.090.8-0.210.990.37-0.4-0.03-0.07-0.5-0.410.03-0.010.17-0.160.80.850.96
-0.66-0.28-0.3-0.21-0.51-0.38-0.030.480.790.29-0.64-0.14-0.73-0.690.56-0.76-0.66-0.69-0.80.66-0.38-0.73-0.26-0.13-0.14
-0.810.4-0.590.24-0.89-0.860.670.480.60.78-0.860.56-0.31-0.90.56-0.64-0.85-0.76-0.590.44-0.45-0.780.140.430.56
-0.84-0.43-0.44-0.35-0.58-0.44-0.090.790.60.35-0.85-0.21-0.81-0.860.94-0.96-0.78-0.81-0.960.78-0.52-0.92-0.44-0.15-0.26
-0.350.59-0.30.56-0.69-0.590.80.290.780.35-0.50.760.15-0.660.41-0.49-0.71-0.61-0.330.560.06-0.470.510.790.73
0.960.10.680.190.720.69-0.21-0.64-0.86-0.85-0.5-0.090.620.92-0.780.80.790.730.78-0.610.680.950.32-0.01-0.1
-0.040.930.020.87-0.59-0.60.99-0.140.56-0.210.76-0.090.49-0.28-0.140.04-0.4-0.30.15-0.080.25-0.040.860.840.98
0.750.590.310.560.370.290.37-0.73-0.31-0.810.150.620.490.59-0.690.730.490.580.86-0.350.630.720.610.530.53
0.91-0.040.49-0.050.890.79-0.4-0.69-0.9-0.86-0.660.92-0.280.59-0.80.870.960.920.84-0.650.460.920.06-0.23-0.24
-0.74-0.37-0.4-0.29-0.53-0.39-0.030.560.560.940.41-0.78-0.14-0.69-0.8-0.94-0.74-0.77-0.910.75-0.42-0.84-0.37-0.04-0.23
0.770.280.360.160.650.52-0.07-0.76-0.64-0.96-0.490.80.040.730.87-0.940.830.840.97-0.760.460.880.240.030.11
0.8-0.140.28-0.240.930.8-0.5-0.66-0.85-0.78-0.710.79-0.40.490.96-0.740.830.970.8-0.620.250.84-0.15-0.36-0.33
0.77-0.060.23-0.150.880.71-0.41-0.69-0.76-0.81-0.610.73-0.30.580.92-0.770.840.970.84-0.60.20.83-0.09-0.31-0.2
0.810.360.320.250.640.510.03-0.8-0.59-0.96-0.330.780.150.860.84-0.910.970.80.84-0.650.510.880.320.160.22
-0.46-0.3-0.37-0.18-0.32-0.15-0.010.660.440.780.56-0.61-0.08-0.35-0.650.75-0.76-0.62-0.6-0.65-0.11-0.64-0.250.17-0.11
0.690.30.480.380.320.450.17-0.38-0.45-0.520.060.680.250.630.46-0.420.460.250.20.51-0.110.590.510.560.18
0.940.180.50.160.740.66-0.16-0.73-0.78-0.92-0.470.95-0.040.720.92-0.840.880.840.830.88-0.640.590.270.02-0.01
0.330.810.50.98-0.33-0.340.8-0.260.14-0.440.510.320.860.610.06-0.370.24-0.15-0.090.32-0.250.510.270.710.82
0.080.81-0.10.65-0.39-0.270.85-0.130.43-0.150.79-0.010.840.53-0.23-0.040.03-0.36-0.310.160.170.560.020.710.79
-0.030.94-0.040.84-0.55-0.60.96-0.140.56-0.260.73-0.10.980.53-0.24-0.230.11-0.33-0.20.22-0.110.18-0.010.820.79
Click cells to compare fundamentals

TDH Holdings Account Relationship Matchups

TDH Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1M18.5M32.0M36.5M28.9M23.4M
Short Long Term Debt Total9.9M9.9M11.2M1.2M3.0M2.9M
Other Current Liab1.3M6.1M4.3M13.6M366.0K347.7K
Total Current Liabilities14.5M19.1M13.8M14.7M3.4M3.2M
Total Stockholder Equity337.4K(892.8K)13.0M20.7M24.6M25.8M
Net Tangible Assets(3.0M)(635.8K)(1.9M)12.3M14.2M14.9M
Property Plant And Equipment Net6.8M6.9M6.1M1.5M1.3M1.2M
Current Deferred Revenue116.2K90.8K110.0K11.0K4.0K3.8K
Net Debt4.8M3.4M(6.8M)(20.6M)(10.6M)(10.1M)
Retained Earnings(22.0M)(22.8M)(29.0M)(28.2M)(26.6M)(25.3M)
Accounts Payable3.4M3.2M3.1M491.9K460.8K437.7K
Cash5.1M6.6M18.0M21.9M13.7M8.6M
Non Current Assets Total7.9M7.9M6.8M2.7M1.7M1.6M
Non Currrent Assets Other1.2M1.0M879.3K768.1K(1.0)(1.05)
Cash And Short Term Investments5.1M9.7M22.5M31.8M27.0M28.3M
Net Receivables21.7K168.5K39.5K29.3K5.0K4.7K
Common Stock Shares Outstanding1.1M2.3M5.2M8.0M10.3M10.8M
Liabilities And Stockholders Equity15.1M18.5M32.0M36.5M28.9M23.4M
Inventory3.0M473.2K247.2K51.4K987.00.0
Other Current Assets1.6M396.1K2.7M2.0M237.1K225.2K
Other Stockholder Equity22.0M22.0M42.2M48.1M51.1M25.9M
Total Liab14.7M19.3M18.7M15.4M3.9M3.7M
Short Long Term Debt9.5M9.5M6.1M340.9K354.9K337.1K
Total Current Assets7.2M10.5M25.2M33.8M27.2M17.6M
Accumulated Other Comprehensive Income302.5K(52.9K)(300.7K)588.3K(95.1K)(90.3K)
Short Term Debt9.6M9.7M6.3M553.7K2.6M4.4M
Intangible Assets973.2K1.0M653.1K481.8K426.3K611.3K
Property Plant Equipment8.4M6.8M6.9M6.1M7.1M6.1M
Other Liab5.8K4.9K1.0K1.1K1.0K967.86
Non Current Liabilities Total287.9K274.8K4.8M684.2K463.2K440.0K
Net Invested Capital9.8M8.6M19.1M21.1M25.0M16.9M
Net Working Capital(7.3M)(8.6M)11.4M19.1M23.8M25.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TDH Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TDH Holdings' 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 Tdh Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tdh Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in TDH Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy TDH Stock please use our How to Invest in TDH Holdings guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for TDH Stock analysis

When running TDH Holdings' price analysis, check to measure TDH Holdings' 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 TDH Holdings is operating at the current time. Most of TDH Holdings' value examination focuses on studying past and present price action to predict the probability of TDH Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TDH Holdings' price. Additionally, you may evaluate how the addition of TDH Holdings to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bonds Directory
Find actively traded corporate debentures issued by US companies
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Global Correlations
Find global opportunities by holding instruments from different markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is TDH Holdings' industry 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 TDH Holdings. If investors know TDH 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 TDH Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.83)
Revenue Per Share
0.308
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.12)
Return On Equity
(0.37)
The market value of TDH Holdings is measured differently than its book value, which is the value of TDH that is recorded on the company's balance sheet. Investors also form their own opinion of TDH Holdings' value that differs from its market value or its book value, called intrinsic value, which is TDH Holdings' 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 TDH Holdings' market value can be influenced by many factors that don't directly affect TDH Holdings' 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 TDH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if TDH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TDH Holdings' 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.