000428 Stock | | | 3.47 0.02 0.58% |
Huatian Hotel financial indicator trend analysis is much more than just examining Huatian Hotel Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huatian Hotel Group is a good investment. Please check the relationship between Huatian Hotel Common Stock and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Huatian Hotel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Common Stock vs Total Current Assets
Common Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huatian Hotel Group Common Stock account and
Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Huatian Hotel's Common Stock and Total Current Assets is -0.53. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Huatian Hotel Group, assuming nothing else is changed. The correlation between historical values of Huatian Hotel's Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Huatian Hotel Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Huatian Hotel's Common Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Huatian Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huatian Hotel 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Huatian Hotel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 74
M. In addition to that,
Tax Provision is expected to decline to about 16.5
MHuatian Hotel fundamental ratios Correlations
Click cells to compare fundamentals
Huatian Hotel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huatian Hotel fundamental ratios Accounts
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Other Information on Investing in Huatian Stock
Balance Sheet is a snapshot of the
financial position of Huatian Hotel Group at a specified time, usually calculated after every quarter, six months, or one year. Huatian Hotel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huatian Hotel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Huatian currently owns. An asset can also be divided into two categories, current and non-current.