Hunan Non Current Liabilities Other vs Accounts Payable Analysis

301259 Stock   49.97  0.06  0.12%   
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 Liabilities Other and its Accounts Payable 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 Liabilities Other vs Accounts Payable

Non Current Liabilities Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Airbluer Envir Non Current Liabilities Other account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hunan Airbluer's Non Current Liabilities Other and Accounts Payable is -0.45. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Accounts Payable 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 Liabilities Other and Accounts Payable 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 Liabilities Other of Hunan Airbluer Environmental are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Other i.e., Hunan Airbluer's Non Current Liabilities Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Other

Accounts Payable

An accounting item on the balance sheet that represents Hunan Airbluer obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hunan Airbluer Envir are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
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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
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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
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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.