HanS Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HanS Laser Tech Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between HanS Laser's Total Current Liabilities and Other Stockholder Equity is 0.32. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of HanS Laser Tech are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., HanS Laser's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on HanS Laser balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HanS Laser Tech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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.