HanS Operating Income vs Total Operating Expenses Analysis
002008 Stock | 26.50 1.48 5.29% |
HanS Laser financial indicator trend analysis is much more than just examining HanS Laser Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HanS Laser Tech is a good investment. Please check the relationship between HanS Laser Operating Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HanS Laser Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Operating Income vs Total Operating Expenses
Operating Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between HanS Laser's Operating Income and Total Operating Expenses is 0.74. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of HanS Laser Tech, assuming nothing else is changed. The correlation between historical values of HanS Laser's Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of HanS Laser Tech are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., HanS Laser's Operating Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from HanS Laser Tech operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of HanS Laser Tech is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from HanS Laser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HanS Laser Tech 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 HanS Laser Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Selling General Administrative is expected to grow to about 1 B, whereas Tax Provision is projected to grow to (82.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 2.6B | 1.5B | 1.0B | 859.1M | Total Revenue | 16.3B | 15.0B | 14.1B | 14.8B |
HanS Laser fundamental ratios Correlations
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HanS Laser Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
HanS Laser fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.9B | 21.3B | 27.2B | 31.9B | 34.2B | 35.9B | |
Other Current Liab | 793.9M | 1.3B | 1.8B | 2.1B | 525.2M | 699.0M | |
Total Current Liabilities | 6.3B | 8.1B | 11.9B | 11.6B | 15.0B | 15.7B | |
Total Stockholder Equity | 8.8B | 9.7B | 11.6B | 14.1B | 15.0B | 15.8B | |
Other Liab | 263.6M | 266.2M | 316.5M | 560.5M | 644.5M | 676.8M | |
Retained Earnings | 6.8B | 7.5B | 9.3B | 10.2B | 10.4B | 10.9B | |
Accounts Payable | 3.3B | 4.8B | 6.6B | 6.3B | 6.8B | 7.1B | |
Cash | 3.4B | 4.9B | 6.0B | 9.6B | 10.8B | 11.3B | |
Other Assets | 1.2B | 1.3B | 1.5B | 1.7B | 1.9B | 2.0B | |
Net Receivables | 4.6B | 4.2B | 7.7B | 7.2B | 7.3B | 7.7B | |
Inventory | 2.5B | 3.7B | 5.0B | 4.6B | 4.4B | 4.6B | |
Other Current Assets | 425.9M | 200.9M | 232.1M | 250.7M | 314.4M | 330.2M | |
Total Liab | 8.8B | 11.2B | 15.1B | 16.5B | 17.8B | 18.7B | |
Intangible Assets | 1.2B | 1.2B | 1.2B | 1.4B | 1.7B | 1.8B | |
Common Stock | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 793.6M | |
Property Plant Equipment | 3.6B | 3.2B | 3.9B | 4.1B | 4.7B | 4.9B | |
Long Term Debt | 2.2B | 2.9B | 2.7B | 4.2B | 2.1B | 1.3B | |
Good Will | 252.5M | 241.2M | 238.2M | 207.6M | 316.3M | 264.9M | |
Net Tangible Assets | 7.4B | 8.4B | 10.2B | 12.6B | 14.5B | 8.2B | |
Other Stockholder Equity | 651.8M | 663.1M | 690.0M | 116.0M | 133.4M | 126.8M | |
Deferred Long Term Liab | 221.1M | 303.6M | 287.4M | 346.0M | 397.9M | 237.1M | |
Short Long Term Debt | 1.2B | 694.9M | 893.8M | 1.3B | 980.2M | 1.3B | |
Total Current Assets | 11.1B | 14.8B | 18.9B | 23.6B | 24.7B | 15.3B | |
Non Current Assets Total | 6.8B | 6.5B | 8.3B | 8.3B | 9.5B | 7.6B | |
Non Currrent Assets Other | 84.4M | 79.2M | 192.1M | 102.4M | 69.2M | 102.4M | |
Non Current Liabilities Total | 2.5B | 3.1B | 3.2B | 4.9B | 2.8B | 2.8B | |
Non Current Liabilities Other | 76.6M | 93.1M | 121.6M | 387.3M | 383.1M | 200.8M | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 850.2M | |
Net Invested Capital | 12.3B | 13.3B | 15.2B | 19.6B | 18.1B | 15.8B | |
Net Working Capital | 4.8B | 6.7B | 7.0B | 12.1B | 9.7B | 7.5B | |
Capital Stock | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 849.7M |
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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 HanS Stock
Balance Sheet is a snapshot of the financial position of HanS Laser Tech at a specified time, usually calculated after every quarter, six months, or one year. HanS Laser Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HanS Laser 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 HanS currently owns. An asset can also be divided into two categories, current and non-current.