Hualan Net Receivables vs Cash Analysis

301027 Stock

14.81 0.08 0.54%

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 Net Receivables and its Cash 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.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hualan Group Net Receivables account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hualan Group's Net Receivables and Cash is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash 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 Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Hualan Group Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Hualan Group's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Cash

Cash refers to the most liquid asset of Hualan Group, which is listed under current asset account on Hualan Group Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hualan Group customers. The amounts must be unrestricted with restricted cash listed in a different Hualan Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 3, 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

Interest Expense Interest Income

Hualan Group 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	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		-0.57	0.96	0.99	-0.77	0.99	0.98	0.92	0.84	0.81	0.65	0.96	0.92	0.82	0.98	0.94	0.77	0.78	0.96	-0.73	1.0	0.04	0.99	0.98	-0.99	0.98
Other Current Liab	-0.57		-0.61	-0.52	0.54	-0.53	-0.44	-0.72	-0.21	-0.8	-0.98	-0.54	-0.64	-0.77	-0.6	-0.51	-0.92	-0.9	-0.66	0.58	-0.56	0.01	-0.5	-0.6	0.5	-0.45
Total Current Liabilities	0.96	-0.61		0.93	-0.89	0.91	0.96	0.91	0.84	0.78	0.7	0.85	0.8	0.82	0.91	0.99	0.83	0.86	0.99	-0.71	0.94	0.05	0.95	0.91	-0.93	0.91
Total Stockholder Equity	0.99	-0.52	0.93		-0.73	0.99	0.98	0.89	0.86	0.77	0.59	0.97	0.94	0.79	0.99	0.9	0.71	0.72	0.92	-0.74	1.0	0.03	0.99	0.99	-1.0	0.99
Other Liab	-0.77	0.54	-0.89	-0.73		-0.69	-0.79	-0.69	-0.83	-0.53	-0.59	-0.58	-0.57	-0.56	-0.74	-0.9	-0.7	-0.75	-0.85	0.81	-0.75	-0.25	-0.79	-0.74	0.74	-0.74
Net Tangible Assets	0.99	-0.53	0.91	0.99	-0.69		0.96	0.92	0.8	0.82	0.6	0.99	0.95	0.78	0.97	0.88	0.71	0.72	0.92	-0.7	0.99	0.09	0.97	0.97	-0.99	0.98
Retained Earnings	0.98	-0.44	0.96	0.98	-0.79	0.96		0.86	0.91	0.71	0.54	0.92	0.86	0.76	0.95	0.95	0.68	0.71	0.94	-0.7	0.98	0.02	0.99	0.95	-0.98	0.98
Accounts Payable	0.92	-0.72	0.91	0.89	-0.69	0.92	0.86		0.6	0.97	0.8	0.91	0.85	0.86	0.86	0.88	0.88	0.89	0.95	-0.56	0.91	0.13	0.87	0.86	-0.9	0.84
Cash	0.84	-0.21	0.84	0.86	-0.83	0.8	0.91	0.6		0.39	0.28	0.72	0.69	0.5	0.84	0.86	0.44	0.48	0.77	-0.78	0.84	0.08	0.9	0.84	-0.86	0.9
Non Current Assets Total	0.81	-0.8	0.78	0.77	-0.53	0.82	0.71	0.97	0.39		0.85	0.85	0.81	0.86	0.76	0.73	0.89	0.88	0.85	-0.44	0.8	0.09	0.73	0.76	-0.78	0.7
Non Currrent Assets Other	0.65	-0.98	0.7	0.59	-0.59	0.6	0.54	0.8	0.28	0.85		0.61	0.66	0.88	0.66	0.62	0.98	0.96	0.76	-0.53	0.63	-0.12	0.58	0.66	-0.57	0.52
Other Assets	0.96	-0.54	0.85	0.97	-0.58	0.99	0.92	0.91	0.72	0.85	0.61		0.97	0.81	0.95	0.81	0.7	0.7	0.87	-0.63	0.97	0.01	0.94	0.95	-0.97	0.95
Net Receivables	0.92	-0.64	0.8	0.94	-0.57	0.95	0.86	0.85	0.69	0.81	0.66	0.97		0.8	0.96	0.73	0.71	0.7	0.82	-0.74	0.94	-0.02	0.9	0.96	-0.92	0.92
Good Will	0.82	-0.77	0.82	0.79	-0.56	0.78	0.76	0.86	0.5	0.86	0.88	0.81	0.8		0.82	0.76	0.93	0.9	0.86	-0.48	0.8	-0.37	0.78	0.82	-0.76	0.75
Common Stock Shares Outstanding	0.98	-0.6	0.91	0.99	-0.74	0.97	0.95	0.86	0.84	0.76	0.66	0.95	0.96	0.82		0.87	0.75	0.76	0.9	-0.8	0.99	-0.04	0.98	1.0	-0.97	0.98
Short Term Investments	0.94	-0.51	0.99	0.9	-0.9	0.88	0.95	0.88	0.86	0.73	0.62	0.81	0.73	0.76	0.87		0.77	0.8	0.98	-0.67	0.91	0.11	0.94	0.87	-0.91	0.89
Non Current Liabilities Total	0.77	-0.92	0.83	0.71	-0.7	0.71	0.68	0.88	0.44	0.89	0.98	0.7	0.71	0.93	0.75	0.77		1.0	0.87	-0.56	0.74	-0.12	0.71	0.75	-0.69	0.65
Other Current Assets	0.78	-0.9	0.86	0.72	-0.75	0.72	0.71	0.89	0.48	0.88	0.96	0.7	0.7	0.9	0.76	0.8	1.0		0.89	-0.59	0.76	-0.04	0.73	0.76	-0.71	0.67
Total Liab	0.96	-0.66	0.99	0.92	-0.85	0.92	0.94	0.95	0.77	0.85	0.76	0.87	0.82	0.86	0.9	0.98	0.87	0.89		-0.66	0.94	0.07	0.94	0.9	-0.93	0.9
Deferred Long Term Liab	-0.73	0.58	-0.71	-0.74	0.81	-0.7	-0.7	-0.56	-0.78	-0.44	-0.53	-0.63	-0.74	-0.48	-0.8	-0.67	-0.56	-0.59	-0.66		-0.75	-0.21	-0.75	-0.8	0.72	-0.75
Net Invested Capital	1.0	-0.56	0.94	1.0	-0.75	0.99	0.98	0.91	0.84	0.8	0.63	0.97	0.94	0.8	0.99	0.91	0.74	0.76	0.94	-0.75		0.07	0.99	0.99	-1.0	0.99
Short Long Term Debt	0.04	0.01	0.05	0.03	-0.25	0.09	0.02	0.13	0.08	0.09	-0.12	0.01	-0.02	-0.37	-0.04	0.11	-0.12	-0.04	0.07	-0.21	0.07		0.03	-0.04	-0.09	0.02
Total Current Assets	0.99	-0.5	0.95	0.99	-0.79	0.97	0.99	0.87	0.9	0.73	0.58	0.94	0.9	0.78	0.98	0.94	0.71	0.73	0.94	-0.75	0.99	0.03		0.98	-0.99	0.99
Capital Stock	0.98	-0.6	0.91	0.99	-0.74	0.97	0.95	0.86	0.84	0.76	0.66	0.95	0.96	0.82	1.0	0.87	0.75	0.76	0.9	-0.8	0.99	-0.04	0.98		-0.97	0.98
Non Current Liabilities Other	-0.99	0.5	-0.93	-1.0	0.74	-0.99	-0.98	-0.9	-0.86	-0.78	-0.57	-0.97	-0.92	-0.76	-0.97	-0.91	-0.69	-0.71	-0.93	0.72	-1.0	-0.09	-0.99	-0.97		-0.99
Net Working Capital	0.98	-0.45	0.91	0.99	-0.74	0.98	0.98	0.84	0.9	0.7	0.52	0.95	0.92	0.75	0.98	0.89	0.65	0.67	0.9	-0.75	0.99	0.02	0.99	0.98	-0.99

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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.

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Hualan Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Hualan Group fundamental ratios Correlations

Hualan Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Hualan Stock

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Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Other Current Assets	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets

Non Current Liabilities Other	- 1.0	Net Invested Capital
Non Current Liabilities Other	- 1.0	Total Stockholder Equity
Net Working Capital	- 0.99	Non Current Liabilities Other
Non Current Liabilities Other	- 0.99	Total Current Assets
Non Current Liabilities Other	- 0.99	Net Tangible Assets
Non Current Liabilities Other	- 0.99	Total Assets