Tantech Reconciled Depreciation vs Net Income Analysis

TANH Stock  USD 0.58  0.04  7.41%   
Tantech Holdings financial indicator trend analysis is much more than just breaking down Tantech Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tantech Holdings is a good investment. Please check the relationship between Tantech Holdings Reconciled Depreciation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.

Reconciled Depreciation vs Net Income

Reconciled Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tantech Holdings Reconciled Depreciation account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Tantech Holdings' Reconciled Depreciation and Net Income is 0.09. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Tantech Holdings, assuming nothing else is changed. The correlation between historical values of Tantech Holdings' Reconciled Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Tantech Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Reconciled Depreciation i.e., Tantech Holdings' Reconciled Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Reconciled Depreciation

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tantech Holdings financial statement analysis. It represents the amount of money remaining after all of Tantech Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Tantech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tantech 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.As of now, Tantech Holdings' Selling General Administrative is increasing as compared to previous years. The Tantech Holdings' current Tax Provision is estimated to increase to about 3 M, while Discontinued Operations is forecasted to increase to (256 K).
 2020 2021 2023 2024 (projected)
Interest Expense300.1K740.4K851.5K591.0K
Depreciation And Amortization877.9K1.4M1.6M1.2M

Tantech Holdings fundamental ratios Correlations

-0.090.710.750.98-0.850.5-0.750.65-0.140.730.75-0.70.730.67-0.460.490.23-0.31-0.07-0.230.840.54-0.780.910.52
-0.090.110.41-0.170.23-0.210.2-0.590.22-0.11-0.210.47-0.110.070.560.280.59-0.210.52-0.21-0.080.570.340.00.64
0.710.110.690.62-0.430.03-0.250.540.260.280.75-0.320.280.48-0.350.110.19-0.360.5-0.280.490.67-0.640.510.4
0.750.410.690.65-0.490.32-0.40.30.250.490.54-0.450.490.640.030.60.55-0.370.35-0.440.610.92-0.490.680.82
0.98-0.170.620.65-0.880.53-0.820.63-0.270.790.67-0.730.790.66-0.490.510.14-0.29-0.22-0.190.860.41-0.740.940.46
-0.850.23-0.43-0.49-0.88-0.70.87-0.510.55-0.84-0.640.66-0.84-0.370.37-0.5-0.220.310.47-0.04-0.89-0.30.76-0.77-0.33
0.5-0.210.030.320.53-0.7-0.60.14-0.510.550.3-0.30.550.29-0.120.420.38-0.25-0.6-0.120.570.25-0.510.510.04
-0.750.2-0.25-0.4-0.820.87-0.6-0.290.52-0.97-0.270.64-0.97-0.550.31-0.56-0.120.210.540.26-0.91-0.160.51-0.86-0.33
0.65-0.590.540.30.63-0.510.14-0.290.110.220.83-0.740.220.18-0.570.03-0.25-0.06-0.010.170.330.07-0.770.370.02
-0.140.220.260.25-0.270.55-0.510.520.11-0.480.070.17-0.480.150.03-0.350.070.170.85-0.47-0.40.350.05-0.240.07
0.73-0.110.280.490.79-0.840.55-0.970.22-0.480.24-0.651.00.58-0.240.610.15-0.27-0.47-0.290.960.28-0.450.850.45
0.75-0.210.750.540.67-0.640.3-0.270.830.070.24-0.50.240.18-0.470.070.16-0.240.170.130.440.46-0.90.410.21
-0.70.47-0.32-0.45-0.730.66-0.30.64-0.740.17-0.65-0.5-0.65-0.40.32-0.540.160.090.33-0.05-0.65-0.110.54-0.64-0.37
0.73-0.110.280.490.79-0.840.55-0.970.22-0.481.00.24-0.650.58-0.240.610.15-0.27-0.47-0.290.960.28-0.450.850.45
0.670.070.480.640.66-0.370.29-0.550.180.150.580.18-0.40.58-0.430.310.11-0.230.12-0.720.660.53-0.210.820.44
-0.460.56-0.350.03-0.490.37-0.120.31-0.570.03-0.24-0.470.32-0.24-0.430.440.29-0.170.080.07-0.350.090.43-0.380.31
0.490.280.110.60.51-0.50.42-0.560.03-0.350.610.07-0.540.610.310.440.33-0.36-0.31-0.050.540.37-0.150.60.77
0.230.590.190.550.14-0.220.38-0.12-0.250.070.150.160.160.150.110.290.330.170.17-0.240.180.64-0.220.210.47
-0.31-0.21-0.36-0.37-0.290.31-0.250.21-0.060.17-0.27-0.240.09-0.27-0.23-0.17-0.360.17-0.060.11-0.39-0.410.2-0.27-0.3
-0.070.520.50.35-0.220.47-0.60.54-0.010.85-0.470.170.33-0.470.120.08-0.310.17-0.06-0.33-0.310.520.07-0.210.26
-0.23-0.21-0.28-0.44-0.19-0.04-0.120.260.17-0.47-0.290.13-0.05-0.29-0.720.07-0.05-0.240.11-0.33-0.29-0.480.05-0.41-0.18
0.84-0.080.490.610.86-0.890.57-0.910.33-0.40.960.44-0.650.960.66-0.350.540.18-0.39-0.31-0.290.45-0.570.880.48
0.540.570.670.920.41-0.30.25-0.160.070.350.280.46-0.110.280.530.090.370.64-0.410.52-0.480.45-0.380.460.71
-0.780.34-0.64-0.49-0.740.76-0.510.51-0.770.05-0.45-0.90.54-0.45-0.210.43-0.15-0.220.20.070.05-0.57-0.38-0.51-0.1
0.910.00.510.680.94-0.770.51-0.860.37-0.240.850.41-0.640.850.82-0.380.60.21-0.27-0.21-0.410.880.46-0.510.56
0.520.640.40.820.46-0.330.04-0.330.020.070.450.21-0.370.450.440.310.770.47-0.30.26-0.180.480.71-0.10.56
Click cells to compare fundamentals

Tantech Holdings Account Relationship Matchups

Tantech Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.2M115.5M116.3M134.5M154.7M116.5M
Short Long Term Debt Total13.1M7.4M8.7M12.9M11.6M8.6M
Other Current Liab5.7M3.2M3.4M4.0M4.6M4.1M
Total Current Liabilities22.2M19.1M16.8M21.8M25.0M21.0M
Total Stockholder Equity102.1M90.2M98.9M114.3M131.4M91.6M
Property Plant And Equipment Net3.2M2.7M2.5M2.4M2.2M2.1M
Current Deferred Revenue865.6K7.0M3.2M3.6M4.1M2.4M
Net Debt5.3M(5.1M)(28.4M)(30.3M)(27.2M)(25.9M)
Retained Earnings58.3M52.1M45.5M36.7M42.2M48.0M
Accounts Payable2.5M1.7M1.5M1.6M1.4M2.2M
Cash7.7M12.4M37.1M43.1M49.6M52.1M
Non Current Assets Total63.9M47.3M34.4M28.7M33.0M35.5M
Cash And Short Term Investments7.7M12.4M37.1M43.1M49.6M52.1M
Net Receivables32.5M39.4M34.4M55.3M63.6M47.0M
Common Stock Shares Outstanding119.8K120.2K123.2K172.9K198.8K139.0K
Liabilities And Stockholders Equity134.2M115.5M116.3M134.5M154.7M116.5M
Non Current Liabilities Total2.1M1.8M13.4M223.3K201.0K190.9K
Inventory2.0M595.6K671.3K1.1M962.7K1.1M
Other Current Assets28.1M15.8M9.7M6.3M5.6M9.3M
Total Liab24.2M20.9M16.8M22.0M25.3M22.0M
Property Plant And Equipment Gross2.7M2.5M8.0M8.4M7.5M6.3M
Total Current Assets70.3M68.2M81.9M105.8M121.7M80.6M
Accumulated Other Comprehensive Income4.4M(1.2M)4.9M7.9M7.2M4.3M
Short Term Debt13.1M7.4M8.7M12.6M14.5M11.4M
Intangible Assets15.3M13.0M664.0K206.0K236.9K225.0K
Property Plant Equipment3.2M2.7M2.5M2.4M2.2M2.1M
Net Tangible Assets77.9M77.2M98.2M114.1M131.2M84.2M
Non Currrent Assets Other8.6M7.7M5.8M(28.7M)(25.8M)(24.6M)
Other Assets20.9M18.4M7.7M5.8M6.6M12.8M
Short Long Term Debt7.1M8.7M12.5M4.5M4.0M7.4M
Long Term Investments23.9M25.5M26.1M24.1M27.7M21.9M
Net Invested Capital97.3M107.5M126.8M126.0M144.9M125.1M
Net Working Capital49.0M65.1M84.0M93.2M107.2M73.7M

Currently Active Assets on Macroaxis

When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech 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 Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tantech 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 board of governors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Tantech 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 Tantech Holdings. If investors know Tantech 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 Tantech Holdings 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
(0.60)
Earnings Share
1.37
Revenue Per Share
29.611
Quarterly Revenue Growth
(0.27)
Return On Assets
0.015
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech 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 Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech 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 Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech 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.