Henan Other Current Liab vs Cash Analysis

000895 Stock   24.51  0.21  0.86%   
Henan Shuanghui financial indicator trend analysis is much more than just examining Henan Shuanghui Inve latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henan Shuanghui Inve is a good investment. Please check the relationship between Henan Shuanghui Other Current Liab and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Henan Shuanghui Investment. 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henan Shuanghui Inve Other Current Liab account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Henan Shuanghui's Other Current Liab and Cash is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Henan Shuanghui Investment, assuming nothing else is changed. The correlation between historical values of Henan Shuanghui's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Henan Shuanghui Investment are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Henan Shuanghui's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Cash

Cash refers to the most liquid asset of Henan Shuanghui Inve, which is listed under current asset account on Henan Shuanghui Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Henan Shuanghui customers. The amounts must be unrestricted with restricted cash listed in a different Henan Shuanghui account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Henan Shuanghui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henan Shuanghui Inve 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 Henan Shuanghui Investment. 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 29, 2024, Selling General Administrative is expected to decline to about 824.5 M. In addition to that, Tax Provision is expected to decline to about 1.5 B
 2021 2022 2023 2024 (projected)
Operating Income7.3B7.1B7.0B3.7B
Total Revenue66.8B62.7B60.1B39.3B

Henan Shuanghui fundamental ratios Correlations

0.330.930.830.870.650.790.590.450.47-0.070.890.450.930.840.90.90.260.640.390.810.820.770.790.48-0.74
0.330.210.610.220.650.090.730.43-0.610.030.17-0.590.170.180.220.030.530.170.240.25-0.050.420.41-0.07-0.25
0.930.210.640.870.430.80.40.280.58-0.070.930.551.00.80.850.880.110.580.30.890.940.760.860.54-0.86
0.830.610.640.650.870.550.740.620.02-0.030.620.030.630.690.750.640.470.590.390.640.430.670.690.31-0.5
0.870.220.870.650.320.530.590.330.54-0.320.780.510.890.670.720.750.130.810.480.860.880.880.850.57-0.78
0.650.650.430.870.320.460.630.51-0.240.270.48-0.240.40.640.690.460.620.190.240.390.170.420.45-0.08-0.34
0.790.090.80.550.530.460.110.260.530.030.780.520.80.740.710.88-0.130.37-0.010.530.680.380.470.6-0.47
0.590.730.40.740.590.630.110.51-0.19-0.080.32-0.180.390.350.440.290.570.490.50.470.240.650.560.04-0.44
0.450.430.280.620.330.510.260.51-0.04-0.260.40.120.270.070.320.260.330.440.380.220.130.440.290.09-0.15
0.47-0.610.580.020.54-0.240.53-0.19-0.04-0.220.570.980.630.340.380.66-0.370.450.130.430.740.290.280.57-0.37
-0.070.03-0.07-0.03-0.320.270.03-0.08-0.26-0.22-0.05-0.25-0.10.230.25-0.010.26-0.62-0.290.04-0.12-0.35-0.05-0.430.03
0.890.170.930.620.780.480.780.320.40.57-0.050.560.930.720.80.780.20.570.350.810.870.780.790.38-0.75
0.45-0.590.550.030.51-0.240.52-0.180.120.98-0.250.560.60.260.360.64-0.380.450.120.390.70.280.240.55-0.33
0.930.171.00.630.890.40.80.390.270.63-0.10.930.60.780.830.890.070.630.310.880.950.760.840.58-0.84
0.840.180.80.690.670.640.740.350.070.340.230.720.260.780.910.820.230.360.20.720.690.520.670.35-0.66
0.90.220.850.750.720.690.710.440.320.380.250.80.360.830.910.860.310.360.250.780.750.570.730.3-0.72
0.90.030.880.640.750.460.880.290.260.66-0.010.780.640.890.820.86-0.080.50.110.690.820.490.60.65-0.61
0.260.530.110.470.130.62-0.130.570.33-0.370.260.2-0.380.070.230.31-0.080.070.70.23-0.070.430.3-0.55-0.22
0.640.170.580.590.810.190.370.490.440.45-0.620.570.450.630.360.360.50.070.560.580.590.820.610.65-0.4
0.390.240.30.390.480.24-0.010.50.380.13-0.290.350.120.310.20.250.110.70.560.340.240.70.38-0.1-0.31
0.810.250.890.640.860.390.530.470.220.430.040.810.390.880.720.780.690.230.580.340.890.790.970.42-0.89
0.82-0.050.940.430.880.170.680.240.130.74-0.120.870.70.950.690.750.82-0.070.590.240.890.710.820.57-0.84
0.770.420.760.670.880.420.380.650.440.29-0.350.780.280.760.520.570.490.430.820.70.790.710.850.3-0.72
0.790.410.860.690.850.450.470.560.290.28-0.050.790.240.840.670.730.60.30.610.380.970.820.850.37-0.9
0.48-0.070.540.310.57-0.080.60.040.090.57-0.430.380.550.580.350.30.65-0.550.65-0.10.420.570.30.37-0.26
-0.74-0.25-0.86-0.5-0.78-0.34-0.47-0.44-0.15-0.370.03-0.75-0.33-0.84-0.66-0.72-0.61-0.22-0.4-0.31-0.89-0.84-0.72-0.9-0.26
Click cells to compare fundamentals

Henan Shuanghui Account Relationship Matchups

Henan Shuanghui fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.6B34.7B34.0B36.4B36.7B38.5B
Other Current Liab3.2B3.9B3.5B4.7B139.8M132.8M
Total Current Liabilities11.3B10.0B10.0B13.5B14.0B14.7B
Total Stockholder Equity16.5B23.8B22.8B21.9B20.8B10.6B
Other Liab218.2M561.1M624.6M509.8M586.3M615.6M
Retained Earnings11.9B12.2B11.3B10.3B7.3B5.8B
Accounts Payable3.1B1.7B2.1B3.9B3.7B3.9B
Cash3.5B8.5B7.8B5.8B2.8B3.0B
Other Assets301.4M498.4M398.2M288.9M332.2M169.3M
Long Term Debt16.2M15.1M12.8M12.3M961.8M1.0B
Net Receivables739.5M235.9M183.5M184.3M217.3M348.0M
Inventory8.8B6.4B5.7B6.1B8.3B8.7B
Other Current Assets254.3M255.5M244.9M133.8M4.1B4.3B
Total Liab11.5B10.6B10.8B14.2B15.5B16.3B
Intangible Assets983.4M1.0B1.1B1.2B1.3B1.3B
Property Plant Equipment10.8B10.8B14.5B18.6B21.4B22.4B
Short Term Investments3.2B6.0B1.5B1.0B613.3M582.6M
Net Tangible Assets15.5B22.7B21.7B20.6B23.7B18.6B
Deferred Long Term Liab75.4M190.9M67.6M78.7M90.5M94.6M
Short Long Term Debt3.3B2.4B3.3B3.7B6.0B6.3B
Total Current Assets16.3B22.1B17.5B16.1B16.4B15.3B
Non Current Assets Total12.3B12.6B16.5B20.3B20.3B16.8B
Non Currrent Assets Other20.9M120.1M213.6M35.2M6.8M6.4M
Non Current Liabilities Total234.4M576.2M853.3M728.6M1.5B1.6B
Non Current Liabilities Other5.1M(797.2M)(627.5M)(816.8M)(735.1M)(698.4M)
Other Stockholder Equity64.1M109.4M541.4K9.2M10.6M10.1M
Net Invested Capital19.8B26.2B26.1B25.5B27.8B24.7B
Net Working Capital5.0B12.1B7.5B2.6B2.4B2.2B

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.

Other Information on Investing in Henan Stock

Balance Sheet is a snapshot of the financial position of Henan Shuanghui Inve at a specified time, usually calculated after every quarter, six months, or one year. Henan Shuanghui Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Henan Shuanghui 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 Henan currently owns. An asset can also be divided into two categories, current and non-current.