HUANLEJIA Other Current Liab vs Total Current Liabilities Analysis

300997 Stock   18.91  3.18  14.40%   
HUANLEJIA Food financial indicator trend analysis is much more than just examining HUANLEJIA Food Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HUANLEJIA Food Group is a good investment. Please check the relationship between HUANLEJIA Food Other Current Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HUANLEJIA Food Group. 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 Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUANLEJIA Food Group Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HUANLEJIA Food's Other Current Liab and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of HUANLEJIA Food Group, assuming nothing else is changed. The correlation between historical values of HUANLEJIA Food's Other Current Liab and Total Current Liabilities 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 Liab of HUANLEJIA Food Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., HUANLEJIA Food's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on HUANLEJIA Food balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HUANLEJIA Food Group 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.
Most indicators from HUANLEJIA Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HUANLEJIA Food Group 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 HUANLEJIA Food Group. 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.
As of December 4, 2024, Tax Provision is expected to decline to about 80 M. In addition to that, Selling General Administrative is expected to decline to about 194.2 M
 2021 2022 2023 2024 (projected)
Interest Expense413.3K330.5K215.9K205.1K
Interest Income2.8M6.1M7.4M4.4M

HUANLEJIA Food fundamental ratios Correlations

-0.91-0.530.98-0.630.970.820.990.73-0.680.690.96-0.81-0.830.22-0.84-0.550.99-0.81.00.960.97-0.580.92-0.17-0.87
-0.910.81-0.960.55-0.92-0.6-0.92-0.650.55-0.9-0.960.920.630.150.940.81-0.940.93-0.9-0.96-0.970.68-0.83-0.030.74
-0.530.81-0.630.56-0.6-0.22-0.54-0.590.32-0.87-0.670.820.370.570.831.0-0.590.82-0.5-0.67-0.720.79-0.610.070.54
0.98-0.96-0.63-0.570.980.740.990.69-0.650.780.97-0.89-0.750.05-0.9-0.651.0-0.890.980.970.98-0.580.89-0.08-0.83
-0.630.550.56-0.57-0.6-0.67-0.56-0.970.51-0.43-0.630.540.85-0.170.580.58-0.60.44-0.56-0.63-0.690.86-0.870.750.86
0.97-0.92-0.60.98-0.60.740.990.71-0.720.740.92-0.91-0.790.05-0.89-0.620.98-0.890.970.920.96-0.540.9-0.18-0.87
0.82-0.6-0.220.74-0.670.740.770.8-0.340.470.75-0.47-0.760.4-0.43-0.240.77-0.490.80.750.73-0.440.86-0.48-0.72
0.99-0.92-0.540.99-0.560.990.770.67-0.70.70.95-0.85-0.790.16-0.86-0.551.0-0.841.00.950.96-0.520.88-0.09-0.84
0.73-0.65-0.590.69-0.970.710.80.67-0.470.570.72-0.63-0.840.11-0.62-0.610.71-0.580.670.720.77-0.80.94-0.72-0.87
-0.680.550.32-0.650.51-0.72-0.34-0.7-0.47-0.19-0.570.650.82-0.320.750.34-0.680.49-0.68-0.57-0.660.43-0.630.220.84
0.69-0.9-0.870.78-0.430.740.470.70.57-0.190.8-0.85-0.33-0.51-0.78-0.870.74-0.930.680.80.8-0.590.670.05-0.48
0.96-0.96-0.670.97-0.630.920.750.950.72-0.570.8-0.82-0.740.09-0.88-0.690.97-0.830.961.00.99-0.70.9-0.06-0.8
-0.810.920.82-0.890.54-0.91-0.47-0.85-0.630.65-0.85-0.820.610.320.940.83-0.870.98-0.8-0.82-0.880.58-0.770.10.76
-0.830.630.37-0.750.85-0.79-0.76-0.79-0.840.82-0.33-0.740.61-0.460.690.39-0.790.49-0.8-0.74-0.80.67-0.910.560.98
0.220.150.570.05-0.170.050.40.160.11-0.32-0.510.090.32-0.460.160.550.120.40.230.090.050.040.18-0.21-0.27
-0.840.940.83-0.90.58-0.89-0.43-0.86-0.620.75-0.78-0.880.940.690.160.84-0.880.89-0.84-0.88-0.920.72-0.790.020.81
-0.550.811.0-0.650.58-0.62-0.24-0.55-0.610.34-0.87-0.690.830.390.550.84-0.610.82-0.52-0.69-0.730.8-0.630.080.56
0.99-0.94-0.591.0-0.60.980.771.00.71-0.680.740.97-0.87-0.790.12-0.88-0.61-0.860.990.970.98-0.580.91-0.11-0.85
-0.80.930.82-0.890.44-0.89-0.49-0.84-0.580.49-0.93-0.830.980.490.40.890.82-0.86-0.8-0.83-0.870.52-0.730.00.65
1.0-0.9-0.50.98-0.560.970.81.00.67-0.680.680.96-0.8-0.80.23-0.84-0.520.99-0.80.960.96-0.540.89-0.09-0.84
0.96-0.96-0.670.97-0.630.920.750.950.72-0.570.81.0-0.82-0.740.09-0.88-0.690.97-0.830.960.99-0.70.9-0.06-0.8
0.97-0.97-0.720.98-0.690.960.730.960.77-0.660.80.99-0.88-0.80.05-0.92-0.730.98-0.870.960.99-0.730.94-0.15-0.87
-0.580.680.79-0.580.86-0.54-0.44-0.52-0.80.43-0.59-0.70.580.670.040.720.8-0.580.52-0.54-0.7-0.73-0.770.370.73
0.92-0.83-0.610.89-0.870.90.860.880.94-0.630.670.9-0.77-0.910.18-0.79-0.630.91-0.730.890.90.94-0.77-0.48-0.94
-0.17-0.030.07-0.080.75-0.18-0.48-0.09-0.720.220.05-0.060.10.56-0.210.020.08-0.110.0-0.09-0.06-0.150.37-0.480.52
-0.870.740.54-0.830.86-0.87-0.72-0.84-0.870.84-0.48-0.80.760.98-0.270.810.56-0.850.65-0.84-0.8-0.870.73-0.940.52
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HUANLEJIA Food Account Relationship Matchups

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Other Information on Investing in HUANLEJIA Stock

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