Hunan Net Invested Capital vs Other Current Liab Analysis

301259 Stock   49.15  1.36  2.85%   
Hunan Airbluer financial indicator trend analysis is much more than just examining Hunan Airbluer Envir latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Airbluer Envir is a good investment. Please check the relationship between Hunan Airbluer Net Invested Capital and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Airbluer Environmental. 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 Invested Capital vs Other Current Liab

Net Invested Capital vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Airbluer Envir Net Invested Capital account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hunan Airbluer's Net Invested Capital and Other Current Liab is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Hunan Airbluer Environmental, assuming nothing else is changed. The correlation between historical values of Hunan Airbluer's Net Invested Capital and Other Current Liab 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 Invested Capital of Hunan Airbluer Environmental are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Invested Capital i.e., Hunan Airbluer's Net Invested Capital and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Other Current Liab

Most indicators from Hunan Airbluer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Airbluer Envir 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 Hunan Airbluer Environmental. 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.
The current year's Tax Provision is expected to grow to about (5.8 M). In addition to that, Selling General Administrative is expected to decline to about 22.2 M
 2022 2023 2024 (projected)
Interest Expense4.7M4.7M3.1M
Interest Income5.3M9.5M9.9M

Hunan Airbluer fundamental ratios Correlations

0.990.920.990.950.89-0.10.980.240.970.91-0.820.850.970.990.90.87-0.530.47-0.670.970.970.590.310.620.65
0.990.920.970.950.89-0.010.950.290.930.92-0.780.910.970.980.940.84-0.520.57-0.670.950.950.560.320.60.62
0.920.920.850.991.00.130.840.540.850.83-0.930.760.980.860.960.63-0.450.42-0.680.790.790.350.360.460.42
0.990.970.850.890.81-0.160.990.10.960.89-0.740.830.911.00.850.91-0.530.47-0.630.990.990.630.310.630.68
0.950.950.990.890.980.020.890.490.910.88-0.930.791.00.90.940.72-0.510.39-0.690.850.840.480.270.550.54
0.890.891.00.810.980.140.810.580.830.81-0.940.720.970.820.940.59-0.450.38-0.670.750.750.330.340.440.4
-0.1-0.010.13-0.160.020.14-0.250.61-0.32-0.290.080.130.02-0.160.27-0.510.590.520.35-0.24-0.25-0.780.72-0.7-0.75
0.980.950.840.990.890.81-0.250.110.990.89-0.780.790.910.990.810.93-0.550.35-0.640.980.980.690.230.670.73
0.240.290.540.10.490.580.610.110.160.11-0.540.30.450.140.5-0.150.260.170.020.010.01-0.260.3-0.27-0.26
0.970.930.850.960.910.83-0.320.990.160.91-0.840.750.920.970.790.93-0.60.26-0.680.960.960.730.120.720.77
0.910.920.830.890.880.81-0.290.890.110.91-0.740.830.890.90.820.89-0.810.44-0.880.910.910.76-0.050.860.82
-0.82-0.78-0.93-0.74-0.93-0.940.08-0.78-0.54-0.84-0.74-0.52-0.9-0.75-0.79-0.580.43-0.050.62-0.68-0.68-0.4-0.18-0.46-0.45
0.850.910.760.830.790.720.130.790.30.750.83-0.520.830.850.870.74-0.440.79-0.540.830.830.510.250.520.55
0.970.970.980.911.00.970.020.910.450.920.89-0.90.830.930.950.76-0.510.45-0.690.880.880.50.290.560.56
0.990.980.861.00.90.82-0.160.990.140.970.9-0.750.850.930.860.91-0.540.47-0.640.990.990.640.280.640.69
0.90.940.960.850.940.940.270.810.50.790.82-0.790.870.950.860.61-0.420.66-0.650.80.80.290.450.420.37
0.870.840.630.910.720.59-0.510.93-0.150.930.89-0.580.740.760.910.61-0.670.29-0.640.950.950.88-0.060.820.91
-0.53-0.52-0.45-0.53-0.51-0.450.59-0.550.26-0.6-0.810.43-0.44-0.51-0.54-0.42-0.67-0.140.94-0.59-0.59-0.760.46-0.96-0.82
0.470.570.420.470.390.380.520.350.170.260.44-0.050.790.450.470.660.29-0.14-0.270.470.460.010.480.110.07
-0.67-0.67-0.68-0.63-0.69-0.670.35-0.640.02-0.68-0.880.62-0.54-0.69-0.64-0.65-0.640.94-0.27-0.66-0.66-0.610.21-0.86-0.7
0.970.950.790.990.850.75-0.240.980.010.960.91-0.680.830.880.990.80.95-0.590.47-0.661.00.70.230.70.75
0.970.950.790.990.840.75-0.250.980.010.960.91-0.680.830.880.990.80.95-0.590.46-0.661.00.70.220.70.75
0.590.560.350.630.480.33-0.780.69-0.260.730.76-0.40.510.50.640.290.88-0.760.01-0.610.70.7-0.520.910.99
0.310.320.360.310.270.340.720.230.30.12-0.05-0.180.250.290.280.45-0.060.460.480.210.230.22-0.52-0.49-0.47
0.620.60.460.630.550.44-0.70.67-0.270.720.86-0.460.520.560.640.420.82-0.960.11-0.860.70.70.91-0.490.95
0.650.620.420.680.540.4-0.750.73-0.260.770.82-0.450.550.560.690.370.91-0.820.07-0.70.750.750.99-0.470.95
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Hunan Airbluer Account Relationship Matchups

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Other Information on Investing in Hunan Stock

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