Holitech Total Revenue vs Net Receivables Analysis

002217 Stock

2.57 0.13 4.81%

Holitech Technology financial indicator trend analysis is much more than just examining Holitech Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holitech Technology is a good investment. Please check the relationship between Holitech Technology Total Revenue and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Holitech Technology Co. 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 Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holitech Technology Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Holitech Technology's Total Revenue and Net Receivables is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Holitech Technology Co, assuming nothing else is changed. The correlation between historical values of Holitech Technology's Total Revenue and Net Receivables 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 Revenue of Holitech Technology Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Holitech Technology's Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Revenue

Total revenue comprises all receipts Holitech Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Receivables

Most indicators from Holitech Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holitech Technology 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 Holitech Technology Co. 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 Tax Provision is expected to grow to about 1.5 B, whereas Selling General Administrative is forecasted to decline to about 201.6 M.

Holitech Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments
Total Assets		0.9	0.74	0.93	0.75	0.96	0.18	0.67	0.29	0.98	0.87	0.98	0.82	0.62	0.87	0.94	0.96	0.84	0.79	0.94	0.99	0.85	0.83	0.76	0.83	-0.41
Short Long Term Debt Total	0.9		0.64	0.96	0.48	0.93	0.3	0.88	-0.01	0.88	0.69	0.94	0.72	0.61	0.69	0.74	0.91	0.8	0.77	0.98	0.85	0.96	0.9	0.84	0.88	-0.42
Other Current Liab	0.74	0.64		0.72	0.53	0.7	0.13	0.5	0.27	0.74	0.51	0.7	0.86	0.59	0.51	0.69	0.76	0.83	0.42	0.72	0.75	0.58	0.67	0.44	0.58	0.1
Total Current Liabilities	0.93	0.96	0.72		0.53	0.97	0.39	0.81	0.03	0.95	0.74	0.95	0.77	0.54	0.74	0.83	0.89	0.87	0.79	1.0	0.9	0.94	0.82	0.85	0.92	-0.39
Total Stockholder Equity	0.75	0.48	0.53	0.53		0.65	-0.41	0.09	0.82	0.69	0.8	0.69	0.63	0.48	0.8	0.86	0.75	0.49	0.54	0.54	0.82	0.31	0.51	0.21	0.31	-0.25
Property Plant And Equipment Net	0.96	0.93	0.7	0.97	0.65		0.27	0.76	0.15	0.98	0.79	0.98	0.75	0.58	0.79	0.91	0.91	0.79	0.8	0.97	0.94	0.9	0.8	0.84	0.91	-0.5
Current Deferred Revenue	0.18	0.3	0.13	0.39	-0.41	0.27		0.49	-0.77	0.28	0.1	0.19	0.09	-0.05	0.1	0.03	0.03	0.34	0.36	0.36	0.1	0.5	0.07	0.66	0.61	-0.18
Net Debt	0.67	0.88	0.5	0.81	0.09	0.76	0.49		-0.37	0.67	0.33	0.76	0.5	0.51	0.33	0.46	0.69	0.66	0.53	0.83	0.58	0.94	0.8	0.85	0.86	-0.39
Retained Earnings	0.29	-0.01	0.27	0.03	0.82	0.15	-0.77	-0.37		0.22	0.39	0.2	0.32	0.26	0.39	0.48	0.35	0.15	-0.02	0.04	0.41	-0.21	0.13	-0.36	-0.24	0.03
Accounts Payable	0.98	0.88	0.74	0.95	0.69	0.98	0.28	0.67	0.22		0.84	0.95	0.78	0.55	0.84	0.94	0.9	0.83	0.79	0.95	0.97	0.85	0.74	0.79	0.88	-0.44
Cash	0.87	0.69	0.51	0.74	0.8	0.79	0.1	0.33	0.39	0.84		0.81	0.7	0.4	1.0	0.84	0.79	0.66	0.83	0.75	0.89	0.6	0.6	0.57	0.62	-0.33
Non Current Assets Total	0.98	0.94	0.7	0.95	0.69	0.98	0.19	0.76	0.2	0.95	0.81		0.79	0.61	0.81	0.89	0.96	0.8	0.81	0.96	0.95	0.89	0.88	0.81	0.86	-0.43
Non Currrent Assets Other	0.82	0.72	0.86	0.77	0.63	0.75	0.09	0.5	0.32	0.78	0.7	0.79		0.43	0.7	0.72	0.82	0.87	0.53	0.78	0.83	0.66	0.79	0.52	0.59	0.03
Other Assets	0.62	0.61	0.59	0.54	0.48	0.58	-0.05	0.51	0.26	0.55	0.4	0.61	0.43		0.4	0.58	0.72	0.49	0.39	0.59	0.62	0.48	0.58	0.38	0.45	-0.42
Cash And Short Term Investments	0.87	0.69	0.51	0.74	0.8	0.79	0.1	0.33	0.39	0.84	1.0	0.81	0.7	0.4		0.84	0.8	0.66	0.83	0.75	0.89	0.6	0.6	0.57	0.62	-0.33
Net Receivables	0.94	0.74	0.69	0.83	0.86	0.91	0.03	0.46	0.48	0.94	0.84	0.89	0.72	0.58	0.84		0.86	0.7	0.71	0.83	0.96	0.66	0.62	0.61	0.71	-0.49
Inventory	0.96	0.91	0.76	0.89	0.75	0.91	0.03	0.69	0.35	0.9	0.79	0.96	0.82	0.72	0.8	0.86		0.83	0.71	0.91	0.95	0.81	0.91	0.65	0.73	-0.31
Other Current Assets	0.84	0.8	0.83	0.87	0.49	0.79	0.34	0.66	0.15	0.83	0.66	0.8	0.87	0.49	0.66	0.7	0.83		0.52	0.86	0.84	0.79	0.79	0.62	0.72	-0.06
Other Stockholder Equity	0.79	0.77	0.42	0.79	0.54	0.8	0.36	0.53	-0.02	0.79	0.83	0.81	0.53	0.39	0.83	0.71	0.71	0.52		0.8	0.76	0.71	0.57	0.77	0.76	-0.41
Total Liab	0.94	0.98	0.72	1.0	0.54	0.97	0.36	0.83	0.04	0.95	0.75	0.96	0.78	0.59	0.75	0.83	0.91	0.86	0.8		0.91	0.94	0.84	0.85	0.91	-0.4
Total Current Assets	0.99	0.85	0.75	0.9	0.82	0.94	0.1	0.58	0.41	0.97	0.89	0.95	0.83	0.62	0.89	0.96	0.95	0.84	0.76	0.91		0.77	0.78	0.66	0.76	-0.37
Short Term Debt	0.85	0.96	0.58	0.94	0.31	0.9	0.5	0.94	-0.21	0.85	0.6	0.89	0.66	0.48	0.6	0.66	0.81	0.79	0.71	0.94	0.77		0.85	0.92	0.95	-0.42
Intangible Assets	0.83	0.9	0.67	0.82	0.51	0.8	0.07	0.8	0.13	0.74	0.6	0.88	0.79	0.58	0.6	0.62	0.91	0.79	0.57	0.84	0.78	0.85		0.65	0.69	-0.14
Common Stock	0.76	0.84	0.44	0.85	0.21	0.84	0.66	0.85	-0.36	0.79	0.57	0.81	0.52	0.38	0.57	0.61	0.65	0.62	0.77	0.85	0.66	0.92	0.65		0.97	-0.55
Property Plant Equipment	0.83	0.88	0.58	0.92	0.31	0.91	0.61	0.86	-0.24	0.88	0.62	0.86	0.59	0.45	0.62	0.71	0.73	0.72	0.76	0.91	0.76	0.95	0.69	0.97		-0.52
Short Term Investments	-0.41	-0.42	0.1	-0.39	-0.25	-0.5	-0.18	-0.39	0.03	-0.44	-0.33	-0.43	0.03	-0.42	-0.33	-0.49	-0.31	-0.06	-0.41	-0.4	-0.37	-0.42	-0.14	-0.55	-0.52

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Holitech Technology Account Relationship Matchups

Holitech Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.3B	30.4B	29.3B	23.3B	7.6B	11.7B
Short Long Term Debt Total	8.9B	9.8B	11.3B	10.9B	7.2B	3.8B
Other Current Liab	1.1B	1.7B	345.0M	398.0M	73.9M	70.2M
Total Current Liabilities	18.9B	16.4B	15.2B	13.8B	12.3B	6.3B
Total Stockholder Equity	12.1B	8.9B	8.9B	5.5B	(6.5B)	(6.2B)
Property Plant And Equipment Net	6.2B	5.8B	5.3B	4.8B	3.5B	2.6B
Current Deferred Revenue	1.6B	789.2M	683.6M	44.3M	2.7B	2.8B
Net Debt	4.5B	7.2B	8.1B	8.5B	6.5B	6.8B
Retained Earnings	4.2B	928.9M	989.2M	(2.5B)	(14.5B)	(13.8B)
Accounts Payable	7.7B	6.3B	5.2B	4.1B	2.9B	2.4B
Cash	4.4B	2.6B	3.2B	2.3B	706.5M	671.2M
Non Current Assets Total	10.9B	10.9B	10.6B	10.5B	4.5B	4.5B
Non Currrent Assets Other	1.4B	1.3B	533.1M	898.0M	28.4M	27.0M
Other Assets	1.1B	1.0	2.3B	2.4B	1.15	1.09
Cash And Short Term Investments	4.4B	2.6B	3.2B	2.3B	706.5M	671.2M
Net Receivables	9.1B	7.5B	6.2B	3.4B	809.3M	768.8M
Liabilities And Stockholders Equity	34.3B	30.4B	29.3B	23.3B	7.6B	11.7B
Inventory	5.6B	6.5B	6.7B	5.3B	736.7M	699.9M
Other Current Assets	4.3B	2.9B	2.6B	1.7B	932.3M	778.7M
Other Stockholder Equity	4.7B	4.7B	4.5B	4.5B	4.8B	2.4B
Total Liab	20.7B	19.9B	18.8B	16.7B	13.7B	7.4B
Total Current Assets	23.4B	19.5B	18.7B	12.8B	3.2B	3.0B
Short Term Debt	8.5B	7.6B	9.0B	9.3B	6.7B	7.0B
Intangible Assets	742.8M	899.9M	974.0M	1.2B	241.2M	352.6M
Property Plant Equipment	6.2B	5.8B	5.3B	4.8B	5.5B	5.8B
Short Term Investments	17.8M	7.5M	(635.4M)	50M	(299.2M)	(284.3M)
Other Liab	377.4M	374.8M	302.1M	259.0M	297.8M	153.6M
Long Term Debt	1.4B	2.2B	2.2B	1.5B	466.5M	443.2M
Non Current Liabilities Total	1.8B	3.6B	3.6B	2.9B	1.4B	1.3B
Net Tangible Assets	9.3B	6.2B	6.3B	2.9B	2.6B	5.0B
Good Will	2.3B	2.0B	1.9B	1.7B	1.5B	1.7B
Deferred Long Term Liab	1.0B	949.5M	878.0M	849.9M	977.4M	650.2M
Short Long Term Debt	7.1B	6.3B	7.2B	6.6B	3.9B	5.1B
Non Current Liabilities Other	1.1B	357.5M	8.8M	23.2M	20.9M	19.8M
Net Invested Capital	19.7B	17.3B	18.3B	13.6B	(2.1B)	(2.0B)
Net Working Capital	4.5B	3.1B	3.5B	(1.0B)	(9.1B)	(8.7B)

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Balance Sheet is a snapshot of the financial position of Holitech Technology at a specified time, usually calculated after every quarter, six months, or one year. Holitech Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Holitech Technology 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 Holitech currently owns. An asset can also be divided into two categories, current and non-current.

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Holitech Total Revenue vs Net Receivables Analysis

Total Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Revenue

Net Receivables

Holitech Technology fundamental ratios Correlations

Holitech Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Holitech Technology fundamental ratios Accounts

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Other Information on Investing in Holitech Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total

Retained Earnings	- 0.77	Current Deferred Revenue
Short Term Investments	- 0.55	Common Stock
Short Term Investments	- 0.52	Property Plant Equipment
Short Term Investments	- 0.5	Property Plant And Equipment Net
Short Term Investments	- 0.49	Net Receivables
Short Term Investments	- 0.44	Accounts Payable