HanS Other Operating Expenses vs Gross Profit 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 Other Operating Expenses and its Gross Profit 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 Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between HanS Laser's Other Operating Expenses and Gross Profit is 0.5. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit 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 Operating Expenses and Gross Profit 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 Operating Expenses of HanS Laser Tech are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., HanS Laser's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of HanS Laser Tech. It is also known as HanS Laser overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of HanS Laser Tech minus its cost of goods sold. It is profit before HanS Laser operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

Operating Income Total Revenue

HanS Laser fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.52	0.99	1.0	0.95	0.99	0.98	0.98	0.97	0.98	0.97	0.78	1.0	0.94	0.33	0.97	0.79	0.62	0.63	0.89	0.34	0.89	0.75	0.56	0.93	0.92
Other Current Liab	0.52		0.45	0.51	0.37	0.55	0.54	0.41	0.51	0.59	0.66	0.3	0.53	0.45	0.46	0.49	0.74	0.47	0.33	0.49	0.42	0.52	0.41	0.39	0.57	0.48
Total Current Liabilities	0.99	0.45		0.98	0.95	0.97	0.97	0.97	0.97	0.97	0.95	0.74	0.99	0.93	0.3	0.96	0.71	0.58	0.65	0.87	0.32	0.86	0.75	0.56	0.91	0.91
Total Stockholder Equity	1.0	0.51	0.98		0.96	0.99	0.97	0.97	0.97	0.97	0.96	0.8	0.99	0.95	0.37	0.98	0.78	0.62	0.64	0.88	0.34	0.89	0.75	0.56	0.92	0.91
Other Liab	0.95	0.37	0.95	0.96		0.93	0.9	0.96	0.92	0.92	0.86	0.72	0.94	0.92	0.28	0.91	0.65	0.52	0.67	0.83	0.14	0.81	0.77	0.58	0.86	0.85
Retained Earnings	0.99	0.55	0.97	0.99	0.93		0.98	0.94	0.95	0.98	0.97	0.81	0.99	0.96	0.33	0.97	0.83	0.66	0.67	0.88	0.45	0.9	0.79	0.6	0.93	0.95
Accounts Payable	0.98	0.54	0.97	0.97	0.9	0.98		0.95	0.94	0.96	0.97	0.77	0.99	0.92	0.25	0.95	0.81	0.61	0.58	0.9	0.39	0.92	0.72	0.47	0.94	0.91
Cash	0.98	0.41	0.97	0.97	0.96	0.94	0.95		0.93	0.92	0.9	0.74	0.97	0.9	0.2	0.93	0.74	0.59	0.54	0.89	0.2	0.88	0.66	0.49	0.92	0.86
Other Assets	0.97	0.51	0.97	0.97	0.92	0.95	0.94	0.93		0.95	0.95	0.8	0.97	0.91	0.45	0.97	0.72	0.54	0.63	0.84	0.33	0.85	0.74	0.53	0.87	0.89
Net Receivables	0.98	0.59	0.97	0.97	0.92	0.98	0.96	0.92	0.95		0.97	0.76	0.98	0.93	0.36	0.95	0.78	0.61	0.67	0.86	0.43	0.85	0.78	0.63	0.91	0.92
Inventory	0.97	0.66	0.95	0.96	0.86	0.97	0.97	0.9	0.95	0.97		0.72	0.97	0.89	0.42	0.95	0.82	0.61	0.59	0.86	0.45	0.88	0.71	0.51	0.91	0.88
Other Current Assets	0.78	0.3	0.74	0.8	0.72	0.81	0.77	0.74	0.8	0.76	0.72		0.77	0.79	0.32	0.88	0.67	0.64	0.44	0.7	0.43	0.73	0.55	0.36	0.7	0.79
Total Liab	1.0	0.53	0.99	0.99	0.94	0.99	0.99	0.97	0.97	0.98	0.97	0.77		0.94	0.3	0.97	0.8	0.62	0.64	0.89	0.38	0.9	0.75	0.58	0.94	0.93
Intangible Assets	0.94	0.45	0.93	0.95	0.92	0.96	0.92	0.9	0.91	0.93	0.89	0.79	0.94		0.29	0.93	0.76	0.64	0.81	0.81	0.47	0.85	0.86	0.7	0.86	0.97
Common Stock	0.33	0.46	0.3	0.37	0.28	0.33	0.25	0.2	0.45	0.36	0.42	0.32	0.3	0.29		0.42	0.27	0.31	0.32	0.28	0.22	0.29	0.31	0.24	0.27	0.26
Property Plant Equipment	0.97	0.49	0.96	0.98	0.91	0.97	0.95	0.93	0.97	0.95	0.95	0.88	0.97	0.93	0.42		0.77	0.63	0.61	0.85	0.4	0.87	0.72	0.52	0.88	0.91
Long Term Debt	0.79	0.74	0.71	0.78	0.65	0.83	0.81	0.74	0.72	0.78	0.82	0.67	0.8	0.76	0.27	0.77		0.66	0.47	0.83	0.59	0.87	0.59	0.52	0.88	0.82
Short Term Investments	0.62	0.47	0.58	0.62	0.52	0.66	0.61	0.59	0.54	0.61	0.61	0.64	0.62	0.64	0.31	0.63	0.66		0.34	0.62	0.47	0.64	0.39	0.36	0.64	0.63
Good Will	0.63	0.33	0.65	0.64	0.67	0.67	0.58	0.54	0.63	0.67	0.59	0.44	0.64	0.81	0.32	0.61	0.47	0.34		0.49	0.49	0.55	0.95	0.85	0.57	0.79
Net Tangible Assets	0.89	0.49	0.87	0.88	0.83	0.88	0.9	0.89	0.84	0.86	0.86	0.7	0.89	0.81	0.28	0.85	0.83	0.62	0.49		0.3	0.97	0.64	0.4	0.99	0.81
Other Stockholder Equity	0.34	0.42	0.32	0.34	0.14	0.45	0.39	0.2	0.33	0.43	0.45	0.43	0.38	0.47	0.22	0.4	0.59	0.47	0.49	0.3		0.39	0.5	0.54	0.37	0.62
Deferred Long Term Liab	0.89	0.52	0.86	0.89	0.81	0.9	0.92	0.88	0.85	0.85	0.88	0.73	0.9	0.85	0.29	0.87	0.87	0.64	0.55	0.97	0.39		0.67	0.39	0.97	0.85
Long Term Investments	0.75	0.41	0.75	0.75	0.77	0.79	0.72	0.66	0.74	0.78	0.71	0.55	0.75	0.86	0.31	0.72	0.59	0.39	0.95	0.64	0.5	0.67		0.8	0.7	0.86
Short Long Term Debt	0.56	0.39	0.56	0.56	0.58	0.6	0.47	0.49	0.53	0.63	0.51	0.36	0.58	0.7	0.24	0.52	0.52	0.36	0.85	0.4	0.54	0.39	0.8		0.51	0.74
Total Current Assets	0.93	0.57	0.91	0.92	0.86	0.93	0.94	0.92	0.87	0.91	0.91	0.7	0.94	0.86	0.27	0.88	0.88	0.64	0.57	0.99	0.37	0.97	0.7	0.51		0.87
Short Term Debt	0.92	0.48	0.91	0.91	0.85	0.95	0.91	0.86	0.89	0.92	0.88	0.79	0.93	0.97	0.26	0.91	0.82	0.63	0.79	0.81	0.62	0.85	0.86	0.74	0.87

Click cells to compare fundamentals

HanS Laser Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity

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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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.

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