Humanwell Total Current Liabilities vs Selling General Administrative 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 Total Current Liabilities and its Selling General Administrative 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.

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humanwell Healthcare Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Humanwell Healthcare's Total Current Liabilities and Selling General Administrative is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative 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 Total Current Liabilities and Selling General Administrative 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 Current Liabilities of Humanwell Healthcare Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., Humanwell Healthcare's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Humanwell Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Humanwell Healthcare Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Selling General Administrative

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
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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

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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.