Humanwell Non Current Liabilities Total vs Total Assets Analysis

600079 Stock   22.22  0.31  1.38%   
Humanwell Healthcare financial indicator trend analysis is much more than just examining Humanwell Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humanwell Healthcare is a good investment. Please check the relationship between Humanwell Healthcare Non Current Liabilities Total and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Humanwell Healthcare Group. 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 Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humanwell Healthcare Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Humanwell Healthcare's Non Current Liabilities Total and Total Assets is -0.07. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Humanwell Healthcare Group, assuming nothing else is changed. The correlation between historical values of Humanwell Healthcare's Non Current Liabilities Total and Total Assets 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 Total of Humanwell Healthcare Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Humanwell Healthcare's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Humanwell Healthcare 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 Humanwell Healthcare 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.
Most indicators from Humanwell Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humanwell Healthcare 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 Humanwell Healthcare Group. 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 Selling General Administrative is expected to grow to about 4.1 B, whereas Tax Provision is forecasted to decline to about 479.7 M.
 2021 2022 2023 2024 (projected)
Operating Income2.7B2.9B3.6B3.8B
Total Revenue20.4B22.3B24.5B25.8B

Humanwell Healthcare fundamental ratios Correlations

0.180.90.950.810.960.940.950.70.980.630.980.390.890.950.950.950.970.440.290.350.770.890.930.920.92
0.180.44-0.08-0.320.090.190.120.590.18-0.20.10.920.470.21-0.010.010.10.44-0.290.42-0.210.240.210.10.24
0.90.440.750.540.870.880.80.790.880.410.860.620.990.870.780.790.850.480.280.410.570.90.890.850.93
0.95-0.080.750.950.910.90.930.480.910.750.950.120.730.860.970.970.930.270.440.180.870.80.840.880.82
0.81-0.320.540.950.760.770.840.230.760.790.84-0.170.50.710.890.90.840.040.58-0.070.920.690.730.810.69
0.960.090.870.910.760.880.870.650.980.650.960.340.860.920.930.940.930.410.240.330.710.790.850.850.84
0.940.190.880.90.770.880.870.710.870.580.910.360.870.850.930.920.90.270.450.20.770.870.920.90.9
0.950.120.80.930.840.870.870.570.930.660.940.290.790.860.90.920.940.350.350.280.830.860.910.920.89
0.70.590.790.480.230.650.710.570.670.120.590.740.860.690.560.560.580.67-0.150.580.180.620.680.530.69
0.980.180.880.910.760.980.870.930.670.640.970.410.870.940.910.930.960.470.20.380.710.850.870.870.87
0.63-0.20.410.750.790.650.580.660.120.640.7-0.040.380.520.710.740.620.020.42-0.090.670.450.490.570.46
0.980.10.860.950.840.960.910.940.590.970.70.320.830.910.950.970.980.310.360.220.830.880.920.940.9
0.390.920.620.12-0.170.340.360.290.740.41-0.040.320.660.410.20.20.290.63-0.350.62-0.120.390.370.250.42
0.890.470.990.730.50.860.870.790.860.870.380.830.660.870.760.770.820.560.190.480.510.880.870.810.91
0.950.210.870.860.710.920.850.860.690.940.520.910.410.870.820.850.910.540.170.470.660.850.850.850.86
0.95-0.010.780.970.890.930.930.90.560.910.710.950.20.760.820.980.930.240.430.140.830.80.860.870.83
0.950.010.790.970.90.940.920.920.560.930.740.970.20.770.850.980.940.230.440.130.850.80.860.880.84
0.970.10.850.930.840.930.90.940.580.960.620.980.290.820.910.930.940.270.390.190.860.920.950.960.92
0.440.440.480.270.040.410.270.350.670.470.020.310.630.560.540.240.230.27-0.560.91-0.150.270.240.160.32
0.29-0.290.280.440.580.240.450.35-0.150.20.420.36-0.350.190.170.430.440.39-0.56-0.570.710.480.430.530.43
0.350.420.410.18-0.070.330.20.280.580.38-0.090.220.620.480.470.140.130.190.91-0.57-0.20.220.180.120.27
0.77-0.210.570.870.920.710.770.830.180.710.670.83-0.120.510.660.830.850.86-0.150.71-0.20.760.810.890.76
0.890.240.90.80.690.790.870.860.620.850.450.880.390.880.850.80.80.920.270.480.220.760.950.960.97
0.930.210.890.840.730.850.920.910.680.870.490.920.370.870.850.860.860.950.240.430.180.810.950.980.98
0.920.10.850.880.810.850.90.920.530.870.570.940.250.810.850.870.880.960.160.530.120.890.960.980.96
0.920.240.930.820.690.840.90.890.690.870.460.90.420.910.860.830.840.920.320.430.270.760.970.980.96
Click cells to compare fundamentals

Humanwell Healthcare Account Relationship Matchups

Humanwell Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.0B31.6B34.5B36.0B36.2B38.0B
Other Current Liab1.9B1.6B2.3B377.7M44.7M42.5M
Total Current Liabilities15.8B13.3B15.6B15.1B13.2B6.6B
Total Stockholder Equity10.2B10.8B13.1B15.0B17.0B17.9B
Retained Earnings3.5B4.4B5.5B7.3B9.4B9.8B
Accounts Payable3.3B2.4B2.7B3.4B3.2B3.4B
Cash3.4B5.4B5.1B5.2B4.1B4.3B
Other Assets2.0B2.1B1.6B2.2B2.5B2.6B
Long Term Debt4.3B5.1B3.2B1.9B1.7B1.6B
Net Receivables8.8B5.9B6.8B7.5B8.1B8.5B
Inventory3.4B2.7B3.1B3.4B3.6B3.8B
Other Current Assets1.0B799.1M833.8M333.2M182.1M173.0M
Total Liab21.0B18.7B18.9B18.1B16.1B8.5B
Intangible Assets2.9B1.8B2.5B2.8B2.6B2.7B
Property Plant Equipment5.8B5.8B6.1B6.9B7.9B8.3B
Other Liab820.8M929.3M702.6M841.0M967.1M1.0B
Good Will3.8B972.3M929.3M974.1M948.2M900.8M
Net Tangible Assets4.3B3.9B8.0B10.1B11.6B6.2B
Other Stockholder Equity2.0B497.8M(36.7M)(48.0M)(43.2M)(41.0M)
Deferred Long Term Liab354.4M466.4M483.7M951.5M1.1B1.1B
Short Long Term Debt6.9B7.3B6.9B6.6B6.7B5.9B
Total Current Assets17.3B17.0B18.1B19.4B19.6B17.7B
Non Current Assets Total17.8B14.7B16.6B16.6B16.6B13.6B
Non Currrent Assets Other466.2M180.5M437.6M1.6B393.6M539.7M
Non Current Liabilities Total5.2B5.8B4.1B2.9B2.9B3.6B
Net Debt7.6B7.0B4.9B3.3B4.3B4.3B
Net Invested Capital21.1B23.1B23.2B23.5B25.4B25.0B
Net Working Capital1.4B4.1B3.2B4.3B6.4B3.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Humanwell Stock

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