000428 Stock | | | 3.42 0.10 3.01% |
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 Net Receivables and its Long Term Investments 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.
Net Receivables vs Long Term Investments
Net Receivables vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huatian Hotel Group Net Receivables account and
Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Huatian Hotel's Net Receivables and Long Term Investments is 0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments 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 Net Receivables and Long Term Investments 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 Huatian Hotel Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., Huatian Hotel's Net Receivables and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Long Term Investments
Long Term Investments is an item on the asset side of Huatian Hotel balance sheet that represents investments Huatian Hotel Group intends to hold for over a year. Huatian Hotel Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 27, 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.