HanS Short Term Investments vs Property Plant Equipment 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 Short Term Investments and its Property Plant Equipment 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.

Short Term Investments vs Property Plant Equipment

Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between HanS Laser's Short Term Investments and Property Plant Equipment is 0.63. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment 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 Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of HanS Laser Tech are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., HanS Laser's Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of HanS Laser balance sheet. It contains any investments HanS Laser Tech undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that HanS Laser Tech can easily liquidate in the marketplace.

Property Plant Equipment

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

0.520.991.00.950.990.980.980.970.980.970.781.00.940.330.970.790.620.630.890.340.890.750.560.930.92
0.520.450.510.370.550.540.410.510.590.660.30.530.450.460.490.740.470.330.490.420.520.410.390.570.48
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
1.00.510.980.960.990.970.970.970.970.960.80.990.950.370.980.780.620.640.880.340.890.750.560.920.91
0.950.370.950.960.930.90.960.920.920.860.720.940.920.280.910.650.520.670.830.140.810.770.580.860.85
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
0.980.540.970.970.90.980.950.940.960.970.770.990.920.250.950.810.610.580.90.390.920.720.470.940.91
0.980.410.970.970.960.940.950.930.920.90.740.970.90.20.930.740.590.540.890.20.880.660.490.920.86
0.970.510.970.970.920.950.940.930.950.950.80.970.910.450.970.720.540.630.840.330.850.740.530.870.89
0.980.590.970.970.920.980.960.920.950.970.760.980.930.360.950.780.610.670.860.430.850.780.630.910.92
0.970.660.950.960.860.970.970.90.950.970.720.970.890.420.950.820.610.590.860.450.880.710.510.910.88
0.780.30.740.80.720.810.770.740.80.760.720.770.790.320.880.670.640.440.70.430.730.550.360.70.79
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
0.940.450.930.950.920.960.920.90.910.930.890.790.940.290.930.760.640.810.810.470.850.860.70.860.97
0.330.460.30.370.280.330.250.20.450.360.420.320.30.290.420.270.310.320.280.220.290.310.240.270.26
0.970.490.960.980.910.970.950.930.970.950.950.880.970.930.420.770.630.610.850.40.870.720.520.880.91
0.790.740.710.780.650.830.810.740.720.780.820.670.80.760.270.770.660.470.830.590.870.590.520.880.82
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
0.630.330.650.640.670.670.580.540.630.670.590.440.640.810.320.610.470.340.490.490.550.950.850.570.79
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
0.340.420.320.340.140.450.390.20.330.430.450.430.380.470.220.40.590.470.490.30.390.50.540.370.62
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
0.750.410.750.750.770.790.720.660.740.780.710.550.750.860.310.720.590.390.950.640.50.670.80.70.86
0.560.390.560.560.580.60.470.490.530.630.510.360.580.70.240.520.520.360.850.40.540.390.80.510.74
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
0.920.480.910.910.850.950.910.860.890.920.880.790.930.970.260.910.820.630.790.810.620.850.860.740.87
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 Receivables4.6B4.2B7.7B7.2B7.3B7.7B
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.