600325 Stock | | | 6.61 0.06 0.92% |
Huafa Industrial financial indicator trend analysis is much more than just examining Huafa Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huafa Industrial is a good investment. Please check the relationship between Huafa Industrial Accounts Payable and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Huafa Industrial Co. 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.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huafa Industrial Accounts Payable account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huafa Industrial's Accounts Payable and Total Assets is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Huafa Industrial Co, assuming nothing else is changed. The correlation between historical values of Huafa Industrial's Accounts Payable 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 Accounts Payable of Huafa Industrial Co 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 Accounts Payable i.e., Huafa Industrial's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Huafa Industrial 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 Huafa Industrial 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.
Total Assets
Total assets refers to the total amount of Huafa Industrial 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 Huafa Industrial 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 Huafa Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huafa Industrial 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 Huafa Industrial Co. 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.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 1.7
B. In addition to that,
Tax Provision is expected to decline to about 1.5
BHuafa Industrial fundamental ratios Correlations
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Huafa Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huafa Industrial fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Huafa Stock
Balance Sheet is a snapshot of the
financial position of Huafa Industrial at a specified time, usually calculated after every quarter, six months, or one year. Huafa Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huafa Industrial 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 Huafa currently owns. An asset can also be divided into two categories, current and non-current.