Hunan Non Current Assets Total vs Long Term Debt 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 Non Current Assets Total and its Long Term Debt 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Airbluer Envir Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hunan Airbluer's Non Current Assets Total and Long Term Debt is 0.69. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt 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 Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hunan Airbluer Environmental are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Hunan Airbluer's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Hunan Airbluer Envir has held for over one year. Long-term debt appears on Hunan Airbluer Environmental balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hunan Airbluer Environmental balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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

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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.