HanS Other Liab vs Good Will Analysis

002008 Stock   25.10  0.61  2.37%   
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 Other Liab and its Good Will 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.

Other Liab vs Good Will

Other Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Other Liab account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between HanS Laser's Other Liab and Good Will is 0.67. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Good Will 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 Other Liab and Good Will 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 Liab of HanS Laser Tech are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Liab i.e., HanS Laser's Other Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Income2.6B1.5B1.0B859.1M
Total Revenue16.3B15.0B14.1B14.8B

HanS Laser fundamental ratios Correlations

0.520.991.00.950.990.980.980.970.990.970.781.00.940.330.970.790.620.630.890.340.890.750.560.930.92
0.520.450.510.370.550.540.410.510.530.660.30.530.450.460.490.740.470.330.490.420.520.410.390.570.48
0.990.450.980.950.970.970.970.970.970.950.740.990.930.30.960.710.580.650.870.320.860.750.560.910.91
1.00.510.980.960.990.970.970.970.990.960.80.990.950.370.980.780.620.640.880.340.890.750.560.920.91
0.950.370.950.960.930.90.960.920.960.860.720.940.920.280.910.650.520.670.830.140.810.770.580.860.85
0.990.550.970.990.930.980.940.950.980.970.810.990.960.330.970.830.660.670.880.450.90.790.60.930.95
0.980.540.970.970.90.980.950.940.950.970.770.990.920.250.950.810.610.580.90.390.920.720.470.940.91
0.980.410.970.970.960.940.950.930.950.90.740.970.90.20.930.740.590.540.890.20.880.660.490.920.86
0.970.510.970.970.920.950.940.930.960.950.80.970.910.450.970.720.540.630.840.330.850.740.530.870.89
0.990.530.970.990.960.980.950.950.960.950.780.980.950.370.960.770.610.690.860.360.850.80.660.910.93
0.970.660.950.960.860.970.970.90.950.950.720.970.890.420.950.820.610.590.860.450.880.710.510.910.88
0.780.30.740.80.720.810.770.740.80.780.720.770.790.320.880.670.640.440.70.430.730.550.360.70.79
1.00.530.990.990.940.990.990.970.970.980.970.770.940.30.970.80.620.640.890.380.90.750.580.940.93
0.940.450.930.950.920.960.920.90.910.950.890.790.940.290.930.760.640.810.810.470.850.860.70.860.97
0.330.460.30.370.280.330.250.20.450.370.420.320.30.290.420.270.310.320.280.220.290.310.240.270.26
0.970.490.960.980.910.970.950.930.970.960.950.880.970.930.420.770.630.610.850.40.870.720.520.880.91
0.790.740.710.780.650.830.810.740.720.770.820.670.80.760.270.770.660.470.830.590.870.590.520.880.82
0.620.470.580.620.520.660.610.590.540.610.610.640.620.640.310.630.660.340.620.470.640.390.360.640.63
0.630.330.650.640.670.670.580.540.630.690.590.440.640.810.320.610.470.340.490.490.550.950.850.570.79
0.890.490.870.880.830.880.90.890.840.860.860.70.890.810.280.850.830.620.490.30.970.640.40.990.81
0.340.420.320.340.140.450.390.20.330.360.450.430.380.470.220.40.590.470.490.30.390.50.540.370.62
0.890.520.860.890.810.90.920.880.850.850.880.730.90.850.290.870.870.640.550.970.390.670.390.970.85
0.750.410.750.750.770.790.720.660.740.80.710.550.750.860.310.720.590.390.950.640.50.670.80.70.86
0.560.390.560.560.580.60.470.490.530.660.510.360.580.70.240.520.520.360.850.40.540.390.80.510.74
0.930.570.910.920.860.930.940.920.870.910.910.70.940.860.270.880.880.640.570.990.370.970.70.510.87
0.920.480.910.910.850.950.910.860.890.930.880.790.930.970.260.910.820.630.790.810.620.850.860.740.87
Click cells to compare fundamentals

HanS Laser Account Relationship Matchups

HanS Laser fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.9B21.3B27.2B31.9B34.2B35.9B
Other Current Liab793.9M1.3B1.8B2.1B525.2M699.0M
Total Current Liabilities6.3B8.1B11.9B11.6B15.0B15.7B
Total Stockholder Equity8.8B9.7B11.6B14.1B15.0B15.8B
Other Liab263.6M266.2M316.5M560.5M644.5M676.8M
Retained Earnings6.8B7.5B9.3B10.2B10.4B10.9B
Accounts Payable3.3B4.8B6.6B6.3B6.8B7.1B
Cash3.4B4.9B6.0B9.6B10.8B11.3B
Other Assets1.2B1.3B1.5B1.7B1.9B2.0B
Net Receivables4.6B4.2B5.9B7.2B7.3B7.7B
Inventory2.5B3.7B5.0B4.6B4.4B4.6B
Other Current Assets425.9M200.9M232.1M250.7M314.4M330.2M
Total Liab8.8B11.2B15.1B16.5B17.8B18.7B
Intangible Assets1.2B1.2B1.2B1.4B1.7B1.8B
Common Stock1.1B1.1B1.1B1.1B1.2B793.6M
Property Plant Equipment3.6B3.2B3.9B4.1B4.7B4.9B
Long Term Debt2.2B2.9B2.7B4.2B2.1B1.3B
Good Will252.5M241.2M238.2M207.6M316.3M264.9M
Net Tangible Assets7.4B8.4B10.2B12.6B14.5B8.2B
Other Stockholder Equity651.8M663.1M690.0M116.0M133.4M126.8M
Deferred Long Term Liab221.1M303.6M287.4M346.0M397.9M237.1M
Short Long Term Debt1.2B694.9M893.8M1.3B980.2M1.3B
Total Current Assets11.1B14.8B18.9B23.6B24.7B15.3B
Non Current Assets Total6.8B6.5B8.3B8.3B9.5B7.6B
Non Currrent Assets Other84.4M79.2M192.1M102.4M69.2M102.4M
Non Current Liabilities Total2.5B3.1B3.2B4.9B2.8B2.8B
Non Current Liabilities Other76.6M93.1M121.6M387.3M383.1M200.8M
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B850.2M
Net Invested Capital12.3B13.3B15.2B19.6B18.1B15.8B
Net Working Capital4.8B6.7B7.0B12.1B9.7B7.5B
Capital Stock1.1B1.1B1.1B1.1B1.1B849.7M

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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.