Hualan Gross Profit vs Interest Expense Analysis
301027 Stock | 14.67 0.46 3.24% |
Hualan Group financial indicator trend analysis is much more than just examining Hualan Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hualan Group is a good investment. Please check the relationship between Hualan Group Gross Profit and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hualan Group 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 nation.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hualan Group Gross Profit account and Interest Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Hualan Group's Gross Profit and Interest Expense is 0.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Hualan Group Co, assuming nothing else is changed. The correlation between historical values of Hualan Group's Gross Profit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Hualan Group Co are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., Hualan Group's Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hualan Group Co minus its cost of goods sold. It is profit before Hualan Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Hualan Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hualan 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 Hualan Group 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 nation. As of December 11, 2024, Tax Provision is expected to decline to about 4.7 M. In addition to that, Selling General Administrative is expected to decline to about 34 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.8M | 4.7M | 5.7M | 9.4M | Interest Income | 7.9M | 13.5M | 9.3M | 8.3M |
Hualan Group fundamental ratios Correlations
Click cells to compare fundamentals
Hualan Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hualan Stock
Balance Sheet is a snapshot of the financial position of Hualan Group at a specified time, usually calculated after every quarter, six months, or one year. Hualan Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hualan Group 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 Hualan currently owns. An asset can also be divided into two categories, current and non-current.