Huabao Other Current Assets vs Total Assets Analysis

300741 Stock

17.64 0.08 0.45%

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

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huabao Flavours Frag Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Huabao Flavours' Other Current Assets and Total Assets is 0.59. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Huabao Flavours Fragrances, assuming nothing else is changed. The correlation between historical values of Huabao Flavours' Other Current Assets and Total Assets 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 Current Assets of Huabao Flavours Fragrances are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Huabao Flavours' Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Huabao Flavours assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Huabao Flavours Frag books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Huabao Flavours' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huabao Flavours Frag 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 Huabao Flavours Fragrances. 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 181.6 M, whereas Tax Provision is forecasted to decline to about 59.8 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	77.8M	32.4M	28.5M	27.1M
Tax Provision	158.1M	134.5M	62.9M	59.8M

Net Interest Income Tax Provision

Huabao Flavours fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		-0.05	-0.35	0.99	-0.94	0.98	0.72	0.75	0.55	0.58	0.43	0.71	-0.87	-0.51	0.61	0.48	0.79	0.59	-0.49	-0.16	0.74	0.99	0.33	0.81	0.62	0.81
Other Current Liab	-0.05		-0.68	0.06	-0.07	-0.04	0.52	-0.23	0.59	-0.71	0.03	-0.56	0.22	0.41	-0.53	-0.88	-0.54	0.33	0.59	-0.81	-0.31	0.06	-0.85	-0.39	-0.56	-0.41
Total Current Liabilities	-0.35	-0.68		-0.46	0.55	-0.43	-0.65	-0.02	-0.45	0.34	-0.27	0.01	0.37	0.16	-0.08	0.34	0.11	-0.39	-0.17	0.96	-0.05	-0.44	0.55	-0.26	0.07	-0.25
Total Stockholder Equity	0.99	0.06	-0.46		-0.95	0.98	0.78	0.71	0.59	0.49	0.44	0.66	-0.86	-0.5	0.57	0.39	0.72	0.62	-0.43	-0.29	0.69	1.0	0.22	0.79	0.56	0.79
Other Liab	-0.94	-0.07	0.55	-0.95		-0.95	-0.77	-0.72	-0.57	-0.47	-0.48	-0.64	0.88	0.47	-0.56	-0.39	-0.68	-0.5	0.45	0.35	-0.64	-0.94	-0.24	-0.77	-0.51	-0.77
Net Tangible Assets	0.98	-0.04	-0.43	0.98	-0.95		0.71	0.68	0.51	0.57	0.43	0.72	-0.91	-0.44	0.64	0.48	0.79	0.57	-0.49	-0.22	0.77	0.97	0.35	0.88	0.69	0.87
Retained Earnings	0.72	0.52	-0.65	0.78	-0.77	0.71		0.6	0.84	-0.03	0.19	0.12	-0.44	-0.17	0.06	-0.14	0.18	0.85	0.02	-0.58	0.21	0.79	-0.2	0.32	0.03	0.31
Accounts Payable	0.75	-0.23	-0.02	0.71	-0.72	0.68	0.6		0.39	0.57	-0.03	0.55	-0.57	-0.49	0.45	0.5	0.6	0.47	-0.46	0.11	0.32	0.72	0.45	0.48	0.35	0.49
Cash	0.55	0.59	-0.45	0.59	-0.57	0.51	0.84	0.39		-0.22	0.29	-0.17	-0.18	0.14	-0.32	-0.34	0.07	0.7	0.33	-0.45	0.11	0.63	-0.24	0.09	-0.18	0.07
Non Current Assets Total	0.58	-0.71	0.34	0.49	-0.47	0.57	-0.03	0.57	-0.22		0.22	0.91	-0.74	-0.38	0.82	0.87	0.91	-0.07	-0.9	0.56	0.79	0.46	0.85	0.73	0.87	0.73
Non Currrent Assets Other	0.43	0.03	-0.27	0.44	-0.48	0.43	0.19	-0.03	0.29	0.22		0.39	-0.49	-0.21	0.22	0.2	0.39	0.01	-0.36	-0.16	0.61	0.43	0.07	0.39	0.25	0.39
Other Assets	0.71	-0.56	0.01	0.66	-0.64	0.72	0.12	0.55	-0.17	0.91	0.39		-0.89	-0.65	0.96	0.85	0.9	0.02	-0.91	0.23	0.83	0.62	0.64	0.87	0.88	0.88
Net Receivables	-0.87	0.22	0.37	-0.86	0.88	-0.91	-0.44	-0.57	-0.18	-0.74	-0.49	-0.89		0.52	-0.85	-0.63	-0.86	-0.22	0.73	0.12	-0.85	-0.82	-0.45	-0.93	-0.82	-0.93
Good Will	-0.51	0.41	0.16	-0.5	0.47	-0.44	-0.17	-0.49	0.14	-0.38	-0.21	-0.65	0.52		-0.68	-0.64	-0.46	-0.15	0.48	0.08	-0.25	-0.49	-0.17	-0.54	-0.34	-0.59
Short Term Investments	0.61	-0.53	-0.08	0.57	-0.56	0.64	0.06	0.45	-0.32	0.82	0.22	0.96	-0.85	-0.68		0.81	0.79	-0.02	-0.86	0.13	0.72	0.52	0.54	0.84	0.86	0.86
Non Current Liabilities Total	0.48	-0.88	0.34	0.39	-0.39	0.48	-0.14	0.5	-0.34	0.87	0.2	0.85	-0.63	-0.64	0.81		0.81	-0.07	-0.78	0.55	0.61	0.38	0.85	0.75	0.79	0.77
Inventory	0.79	-0.54	0.11	0.72	-0.68	0.79	0.18	0.6	0.07	0.91	0.39	0.9	-0.86	-0.46	0.79	0.81		0.09	-0.74	0.34	0.88	0.71	0.73	0.87	0.88	0.87
Other Current Assets	0.59	0.33	-0.39	0.62	-0.5	0.57	0.85	0.47	0.7	-0.07	0.01	0.02	-0.22	-0.15	-0.02	-0.07	0.09		0.11	-0.35	0.14	0.65	-0.11	0.27	0.06	0.26
Other Stockholder Equity	-0.49	0.59	-0.17	-0.43	0.45	-0.49	0.02	-0.46	0.33	-0.9	-0.36	-0.91	0.73	0.48	-0.86	-0.78	-0.74	0.11		-0.37	-0.74	-0.38	-0.65	-0.64	-0.76	-0.65
Total Liab	-0.16	-0.81	0.96	-0.29	0.35	-0.22	-0.58	0.11	-0.45	0.56	-0.16	0.23	0.12	0.08	0.13	0.55	0.34	-0.35	-0.37		0.17	-0.27	0.76	0.0	0.32	0.01
Deferred Long Term Liab	0.74	-0.31	-0.05	0.69	-0.64	0.77	0.21	0.32	0.11	0.79	0.61	0.83	-0.85	-0.25	0.72	0.61	0.88	0.14	-0.74	0.17		0.67	0.55	0.84	0.88	0.82
Total Current Assets	0.99	0.06	-0.44	1.0	-0.94	0.97	0.79	0.72	0.63	0.46	0.43	0.62	-0.82	-0.49	0.52	0.38	0.71	0.65	-0.38	-0.27	0.67		0.21	0.76	0.53	0.76
Intangible Assets	0.33	-0.85	0.55	0.22	-0.24	0.35	-0.2	0.45	-0.24	0.85	0.07	0.64	-0.45	-0.17	0.54	0.85	0.73	-0.11	-0.65	0.76	0.55	0.21		0.57	0.72	0.56
Common Stock	0.81	-0.39	-0.26	0.79	-0.77	0.88	0.32	0.48	0.09	0.73	0.39	0.87	-0.93	-0.54	0.84	0.75	0.87	0.27	-0.64	0.0	0.84	0.76	0.57		0.9	1.0
Property Plant Equipment	0.62	-0.56	0.07	0.56	-0.51	0.69	0.03	0.35	-0.18	0.87	0.25	0.88	-0.82	-0.34	0.86	0.79	0.88	0.06	-0.76	0.32	0.88	0.53	0.72	0.9		0.89
Common Stock Shares Outstanding	0.81	-0.41	-0.25	0.79	-0.77	0.87	0.31	0.49	0.07	0.73	0.39	0.88	-0.93	-0.59	0.86	0.77	0.87	0.26	-0.65	0.01	0.82	0.76	0.56	1.0	0.89

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Huabao Flavours Account Relationship Matchups

Huabao Flavours fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4B	8.3B	8.4B	9.0B	8.2B	8.7B
Other Current Liab	244.1M	240.5M	250.5M	16.3M	16.2M	15.3M
Total Current Liabilities	491.8M	476.7M	532.7M	1.1B	670.5M	695.8M
Total Stockholder Equity	7.8B	7.7B	7.7B	7.5B	7.2B	7.8B
Other Liab	2.5M	2.8M	2.4M	4.7M	4.3M	4.6M
Net Tangible Assets	7.7B	6.5B	6.5B	6.5B	7.4B	6.4B
Retained Earnings	2.5B	2.5B	2.5B	2.1B	1.7B	1.9B
Accounts Payable	142.4M	113.4M	136.6M	171.2M	129.3M	152.4M
Cash	4.7B	4.8B	2.3B	3.6B	1.3B	1.2B
Non Current Assets Total	1.7B	1.7B	2.1B	2.5B	2.3B	2.1B
Non Currrent Assets Other	406.9K	294.4M	49.3M	69.7M	55.2M	65.1M
Other Assets	52.5M	62.2M	83.5M	133.7M	153.7M	161.4M
Net Receivables	689.5M	636.4M	501.5M	659.5M	388.5M	565.0M
Short Term Investments	768.1M	569.6M	3.0B	1.6B	3.6B	3.8B
Non Current Liabilities Total	2.8M	20.2M	19.6M	177.8M	207.6M	218.0M
Inventory	423.1M	410.5M	426.5M	502.5M	486.3M	455.4M
Other Current Assets	50.3M	78.7M	64.2M	64.6M	49.4M	78.0M
Other Stockholder Equity	27.2M	37.0M	3.0M	(31.8M)	(28.6M)	(27.2M)
Total Liab	493.8M	496.9M	552.2M	1.3B	878.1M	757.9M
Deferred Long Term Liab	8.9M	7.8M	12.7M	12.7M	14.6M	9.6M
Total Current Assets	6.7B	6.6B	6.3B	6.6B	5.9B	6.6B
Intangible Assets	63.8M	61.5M	60.4M	165.5M	158.7M	99.5M
Property Plant Equipment	320.6M	317.1M	317.2M	351.4M	404.1M	346.6M
Net Invested Capital	7.8B	7.7B	7.7B	8.0B	7.5B	8.4B
Net Working Capital	6.2B	6.1B	5.8B	5.5B	5.2B	4.6B

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

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Huabao Other Current Assets vs Total Assets Analysis

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

Correlation Coefficient

Other Current Assets

Total Assets

Huabao Flavours fundamental ratios Correlations

Huabao Flavours Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huabao Flavours fundamental ratios Accounts

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Other Information on Investing in Huabao Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Stockholder Equity
Common Stock Shares Outstanding	+ 1.0	Common Stock
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity

Net Tangible Assets	- 0.95	Other Liab
Other Liab	- 0.95	Total Stockholder Equity
Total Current Assets	- 0.94	Other Liab
Other Liab	- 0.94	Total Assets
Common Stock Shares Outstanding	- 0.93	Net Receivables
Common Stock	- 0.93	Net Receivables