HanS Other Stockholder Equity vs Cash 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 Stockholder Equity and its Cash 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 Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between HanS Laser's Other Stockholder Equity and Cash is 0.2. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity 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 Stockholder Equity of HanS Laser Tech 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 Stockholder Equity i.e., HanS Laser's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of HanS Laser Tech, which is listed under current asset account on HanS Laser Tech balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from HanS Laser customers. The amounts must be unrestricted with restricted cash listed in a different HanS Laser 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 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.