Hithink Total Current Liabilities vs Property Plant Equipment Analysis

300033 Stock   284.21  3.51  1.25%   
Hithink RoyalFlush financial indicator trend analysis is much more than just examining Hithink RoyalFlush Info latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hithink RoyalFlush Info is a good investment. Please check the relationship between Hithink RoyalFlush Total Current Liabilities and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hithink RoyalFlush Info. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hithink RoyalFlush Info Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hithink RoyalFlush's Total Current Liabilities and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Hithink RoyalFlush Info, assuming nothing else is changed. The correlation between historical values of Hithink RoyalFlush's Total Current Liabilities 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 Total Current Liabilities of Hithink RoyalFlush Info 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 Total Current Liabilities i.e., Hithink RoyalFlush's Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Hithink RoyalFlush balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hithink RoyalFlush Info 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.

Property Plant Equipment

Most indicators from Hithink RoyalFlush's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hithink RoyalFlush Info 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 Hithink RoyalFlush Info. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 203.4 M. The current year's Tax Provision is expected to grow to about 111.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.9B1.7B1.3B816.8M
Total Revenue3.5B3.6B3.6B3.7B

Hithink RoyalFlush fundamental ratios Correlations

0.280.961.00.850.991.0-0.090.51-0.170.970.70.960.930.610.90.410.1-0.810.910.860.13-0.780.76-0.820.78
0.280.320.260.090.280.290.320.72-0.250.310.70.10.21-0.480.21-0.56-0.31-0.370.210.070.29-0.210.16-0.320.17
0.960.320.940.820.930.97-0.050.62-0.231.00.740.920.870.630.810.40.07-0.750.830.770.12-0.710.71-0.740.72
1.00.260.940.841.00.99-0.10.47-0.160.940.680.960.940.590.910.410.11-0.820.920.870.14-0.790.76-0.830.78
0.850.090.820.840.850.86-0.210.18-0.10.840.420.820.950.580.80.51-0.02-0.550.860.840.1-0.740.95-0.610.95
0.990.280.931.00.850.99-0.090.45-0.180.930.670.950.940.560.920.390.09-0.820.940.880.15-0.80.77-0.840.79
1.00.290.970.990.860.99-0.070.51-0.180.970.70.960.940.60.90.410.07-0.80.920.860.12-0.770.77-0.810.79
-0.090.32-0.05-0.1-0.21-0.09-0.070.46-0.04-0.06-0.01-0.17-0.03-0.29-0.07-0.12-0.630.27-0.02-0.08-0.440.14-0.170.24-0.17
0.510.720.620.470.180.450.510.46-0.20.60.830.380.330.090.37-0.19-0.25-0.470.360.240.07-0.240.15-0.410.17
-0.17-0.25-0.23-0.16-0.1-0.18-0.18-0.04-0.2-0.22-0.26-0.18-0.12-0.02-0.130.060.050.19-0.13-0.09-0.050.08-0.070.19-0.07
0.970.311.00.940.840.930.97-0.060.6-0.220.730.920.880.630.820.410.07-0.750.840.780.12-0.720.73-0.740.74
0.70.70.740.680.420.670.7-0.010.83-0.260.730.590.520.220.63-0.190.03-0.780.570.470.37-0.50.42-0.690.44
0.960.10.920.960.820.950.96-0.170.38-0.180.920.590.870.730.870.590.28-0.730.870.870.01-0.730.7-0.730.71
0.930.210.870.940.950.940.94-0.030.33-0.120.880.520.870.520.890.42-0.1-0.680.940.890.1-0.80.91-0.740.92
0.61-0.480.630.590.580.560.6-0.290.09-0.020.630.220.730.520.580.780.38-0.370.560.64-0.18-0.410.45-0.360.46
0.90.210.810.910.80.920.9-0.070.37-0.130.820.630.870.890.580.40.07-0.730.990.970.1-0.850.82-0.760.84
0.41-0.560.40.410.510.390.41-0.12-0.190.060.41-0.190.590.420.780.40.340.060.440.58-0.53-0.290.37-0.020.37
0.1-0.310.070.11-0.020.090.07-0.63-0.250.050.070.030.28-0.10.380.070.34-0.22-0.010.10.06-0.12-0.130.03-0.12
-0.81-0.37-0.75-0.82-0.55-0.82-0.80.27-0.470.19-0.75-0.78-0.73-0.68-0.37-0.730.06-0.22-0.68-0.56-0.480.64-0.50.89-0.52
0.910.210.830.920.860.940.92-0.020.36-0.130.840.570.870.940.560.990.44-0.01-0.680.970.07-0.870.87-0.750.88
0.860.070.770.870.840.880.86-0.080.24-0.090.780.470.870.890.640.970.580.1-0.560.97-0.06-0.820.86-0.620.87
0.130.290.120.140.10.150.12-0.440.07-0.050.120.370.010.1-0.180.1-0.530.06-0.480.07-0.06-0.430.14-0.480.16
-0.78-0.21-0.71-0.79-0.74-0.8-0.770.14-0.240.08-0.72-0.5-0.73-0.8-0.41-0.85-0.29-0.120.64-0.87-0.82-0.43-0.760.68-0.78
0.760.160.710.760.950.770.77-0.170.15-0.070.730.420.70.910.450.820.37-0.13-0.50.870.860.14-0.76-0.571.0
-0.82-0.32-0.74-0.83-0.61-0.84-0.810.24-0.410.19-0.74-0.69-0.73-0.74-0.36-0.76-0.020.030.89-0.75-0.62-0.480.68-0.57-0.6
0.780.170.720.780.950.790.79-0.170.17-0.070.740.440.710.920.460.840.37-0.12-0.520.880.870.16-0.781.0-0.6
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Hithink RoyalFlush Account Relationship Matchups

Hithink RoyalFlush fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B7.2B8.5B9.0B9.8B10.3B
Other Current Liab904.3M1.0B1.2B1.2B333.7K317.0K
Total Current Liabilities1.2B1.8B2.0B1.7B2.4B2.5B
Total Stockholder Equity4.0B5.2B6.5B7.2B7.3B7.7B
Other Liab3.0M140.8M69.4M99.7M114.6M120.3M
Retained Earnings3.1B4.3B5.6B6.3B6.0B6.3B
Cash4.0B6.1B7.3B7.5B8.2B8.6B
Other Assets734.1K502.6K13.8M990.8K1.1M1.1M
Net Receivables54.3M43.7M78.9M37.8M54.1M40.7M
Other Current Assets10.5M9.7M2.6M7.2M9.6M7.6M
Total Liab1.2B1.9B2.0B1.8B2.5B2.7B
Property Plant Equipment534.8M575.9M769.0M1.0B1.2B1.3B
Intangible Assets76.9M363.2M355.2M347.2M339.3M356.2M
Net Tangible Assets3.9B4.9B6.1B6.9B7.9B4.5B
Accounts Payable41.4M43.8M79.1M110.2M165.1M173.4M
Other Stockholder Equity16.6M(16.3M)(29.9M)15.1M13.6M14.3M
Deferred Long Term Liab55.0K266.2K480.1K155.3K139.8K132.8K
Total Current Assets4.6B6.2B7.4B7.6B8.3B5.9B
Non Current Assets Total617.5M946.5M1.1B1.4B1.6B992.5M
Non Currrent Assets Other531.6M617.5M575.9M12.5M14.4M13.7M
Non Current Liabilities Total3.0M140.8M69.4M100.6M109.6M61.2M
Non Current Liabilities Other1.2M139.1M68.4M99.1M109.1M58.3M
Net Invested Capital4.0B5.2B6.5B7.2B7.3B5.8B
Net Working Capital3.4B4.4B5.4B5.9B5.8B4.8B

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Other Information on Investing in Hithink Stock

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