Hualan Total Assets vs Non Current Liabilities Other 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 Total Assets and its Non Current Liabilities Other 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.

Total Assets vs Non Current Liabilities Other

Total Assets vs Non Current Liabilities Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hualan Group Total Assets account and Non Current Liabilities Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Hualan Group's Total Assets and Non Current Liabilities Other is -0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Other 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 Total Assets and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Hualan Group Co are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Total Assets i.e., Hualan Group's Total Assets and Non Current Liabilities Other go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Hualan Group 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 Hualan Group 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.

Non Current Liabilities Other

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 Expense4.8M4.7M5.7M9.4M
Interest Income7.9M13.5M9.3M8.3M

Hualan Group fundamental ratios Correlations

-0.570.960.99-0.770.990.980.920.840.810.650.960.920.820.980.940.770.780.96-0.731.00.040.990.98-0.990.98
-0.57-0.61-0.520.54-0.53-0.44-0.72-0.21-0.8-0.98-0.54-0.64-0.77-0.6-0.51-0.92-0.9-0.660.58-0.560.01-0.5-0.60.5-0.45
0.96-0.610.93-0.890.910.960.910.840.780.70.850.80.820.910.990.830.860.99-0.710.940.050.950.91-0.930.91
0.99-0.520.93-0.730.990.980.890.860.770.590.970.940.790.990.90.710.720.92-0.741.00.030.990.99-1.00.99
-0.770.54-0.89-0.73-0.69-0.79-0.69-0.83-0.53-0.59-0.58-0.57-0.56-0.74-0.9-0.7-0.75-0.850.81-0.75-0.25-0.79-0.740.74-0.74
0.99-0.530.910.99-0.690.960.920.80.820.60.990.950.780.970.880.710.720.92-0.70.990.090.970.97-0.990.98
0.98-0.440.960.98-0.790.960.860.910.710.540.920.860.760.950.950.680.710.94-0.70.980.020.990.95-0.980.98
0.92-0.720.910.89-0.690.920.860.60.970.80.910.850.860.860.880.880.890.95-0.560.910.130.870.86-0.90.84
0.84-0.210.840.86-0.830.80.910.60.390.280.720.690.50.840.860.440.480.77-0.780.840.080.90.84-0.860.9
0.81-0.80.780.77-0.530.820.710.970.390.850.850.810.860.760.730.890.880.85-0.440.80.090.730.76-0.780.7
0.65-0.980.70.59-0.590.60.540.80.280.850.610.660.880.660.620.980.960.76-0.530.63-0.120.580.66-0.570.52
0.96-0.540.850.97-0.580.990.920.910.720.850.610.970.810.950.810.70.70.87-0.630.970.010.940.95-0.970.95
0.92-0.640.80.94-0.570.950.860.850.690.810.660.970.80.960.730.710.70.82-0.740.94-0.020.90.96-0.920.92
0.82-0.770.820.79-0.560.780.760.860.50.860.880.810.80.820.760.930.90.86-0.480.8-0.370.780.82-0.760.75
0.98-0.60.910.99-0.740.970.950.860.840.760.660.950.960.820.870.750.760.9-0.80.99-0.040.981.0-0.970.98
0.94-0.510.990.9-0.90.880.950.880.860.730.620.810.730.760.870.770.80.98-0.670.910.110.940.87-0.910.89
0.77-0.920.830.71-0.70.710.680.880.440.890.980.70.710.930.750.771.00.87-0.560.74-0.120.710.75-0.690.65
0.78-0.90.860.72-0.750.720.710.890.480.880.960.70.70.90.760.81.00.89-0.590.76-0.040.730.76-0.710.67
0.96-0.660.990.92-0.850.920.940.950.770.850.760.870.820.860.90.980.870.89-0.660.940.070.940.9-0.930.9
-0.730.58-0.71-0.740.81-0.7-0.7-0.56-0.78-0.44-0.53-0.63-0.74-0.48-0.8-0.67-0.56-0.59-0.66-0.75-0.21-0.75-0.80.72-0.75
1.0-0.560.941.0-0.750.990.980.910.840.80.630.970.940.80.990.910.740.760.94-0.750.070.990.99-1.00.99
0.040.010.050.03-0.250.090.020.130.080.09-0.120.01-0.02-0.37-0.040.11-0.12-0.040.07-0.210.070.03-0.04-0.090.02
0.99-0.50.950.99-0.790.970.990.870.90.730.580.940.90.780.980.940.710.730.94-0.750.990.030.98-0.990.99
0.98-0.60.910.99-0.740.970.950.860.840.760.660.950.960.821.00.870.750.760.9-0.80.99-0.040.98-0.970.98
-0.990.5-0.93-1.00.74-0.99-0.98-0.9-0.86-0.78-0.57-0.97-0.92-0.76-0.97-0.91-0.69-0.71-0.930.72-1.0-0.09-0.99-0.97-0.99
0.98-0.450.910.99-0.740.980.980.840.90.70.520.950.920.750.980.890.650.670.9-0.750.990.020.990.98-0.99
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Hualan Group Account Relationship Matchups

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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.