HUANLEJIA Reconciled Depreciation vs Selling General Administrative 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 Reconciled Depreciation and its Selling General Administrative 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.
Reconciled Depreciation vs Selling General Administrative
Reconciled Depreciation vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUANLEJIA Food Group Reconciled Depreciation account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HUANLEJIA Food's Reconciled Depreciation and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative 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 Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of HUANLEJIA Food Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., HUANLEJIA Food's Reconciled Depreciation and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Reconciled Depreciation
Selling General Administrative
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 Expense | 413.3K | 330.5K | 215.9K | 205.1K | Interest Income | 2.8M | 6.1M | 7.4M | 4.4M |
HUANLEJIA Food fundamental ratios Correlations
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HUANLEJIA Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.