Hubei Net Debt vs Total Current Assets Analysis

600462 Stock

1.48 0.03 1.99%

Hubei Geoway financial indicator trend analysis is much more than just examining Hubei Geoway Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Geoway Investment is a good investment. Please check the relationship between Hubei Geoway Net Debt and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Geoway Investment. 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Geoway Investment Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Hubei Geoway's Net Debt and Total Current Assets is 0.25. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Hubei Geoway Investment, assuming nothing else is changed. The correlation between historical values of Hubei Geoway's Net Debt and Total Current 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 Net Debt of Hubei Geoway Investment are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Hubei Geoway's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Hubei Geoway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Geoway Investment 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 Hubei Geoway Investment. 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 8.5 M, whereas Selling General Administrative is forecasted to decline to about 54.1 M.

	2023	2024 (projected)
Gross Profit	123.2M	63.4M
Research Development	2.2M	2.1M

Gross Profit Research Development

Hubei Geoway fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Assets	Intangible Assets	Net Tangible Assets	Good Will	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.62	0.96	0.33	0.57	0.16	0.99	0.97	0.18	0.99	0.62	0.98	0.95	-0.01	0.05	-0.11	0.91	0.13	0.67	0.64	1.0	0.83	-0.22	0.94	0.09	0.99
Other Current Liab	0.62		0.79	0.31	0.16	0.09	0.63	0.5	0.0	0.56	0.49	0.58	0.78	-0.11	0.53	-0.13	0.6	0.16	0.45	0.31	0.59	0.55	-0.13	0.59	-0.08	0.6
Total Current Liabilities	0.96	0.79		0.26	0.5	0.08	0.96	0.89	0.14	0.94	0.59	0.92	1.0	-0.03	0.17	-0.05	0.87	0.06	0.59	0.59	0.95	0.77	-0.17	0.88	0.13	0.94
Total Stockholder Equity	0.33	0.31	0.26		-0.1	0.57	0.29	0.33	-0.09	0.24	0.54	0.26	0.24	-0.22	0.6	-0.59	0.52	0.94	0.89	0.12	0.29	0.41	-0.6	0.6	-0.54	0.39
Other Liab	0.57	0.16	0.5	-0.1		-0.15	0.62	0.63	0.13	0.66	0.08	0.57	0.5	0.22	-0.47	-0.16	0.42	-0.3	0.19	0.65	0.62	0.27	0.13	0.46	0.49	0.6
Retained Earnings	0.16	0.09	0.08	0.57	-0.15		0.12	0.13	0.59	0.08	0.68	0.21	0.08	-0.84	0.57	-0.61	0.07	0.71	0.64	0.03	0.13	0.15	-0.49	0.37	-0.42	0.21
Accounts Payable	0.99	0.63	0.96	0.29	0.62	0.12		0.96	0.17	0.99	0.61	0.97	0.96	0.02	0.03	-0.14	0.9	0.08	0.64	0.67	1.0	0.79	-0.19	0.93	0.14	0.99
Cash	0.97	0.5	0.89	0.33	0.63	0.13	0.96		0.13	0.96	0.5	0.92	0.89	0.04	-0.07	-0.11	0.91	0.13	0.66	0.58	0.97	0.78	-0.25	0.92	0.09	0.97
Long Term Debt	0.18	0.0	0.14	-0.09	0.13	0.59	0.17	0.13		0.18	0.44	0.25	0.16	-0.65	0.12	-0.06	-0.15	0.07	0.16	0.35	0.17	0.22	0.24	0.17	0.4	0.17
Net Receivables	0.99	0.56	0.94	0.24	0.66	0.08	0.99	0.96	0.18		0.56	0.98	0.93	0.06	-0.08	-0.08	0.88	0.03	0.6	0.7	1.0	0.79	-0.14	0.9	0.19	0.98
Inventory	0.62	0.49	0.59	0.54	0.08	0.68	0.61	0.5	0.44	0.56		0.64	0.58	-0.52	0.63	-0.51	0.53	0.49	0.73	0.36	0.6	0.52	-0.37	0.71	-0.17	0.64
Other Current Assets	0.98	0.58	0.92	0.26	0.57	0.21	0.97	0.92	0.25	0.98	0.64		0.92	-0.06	-0.01	-0.14	0.86	0.09	0.62	0.7	0.98	0.8	-0.18	0.9	0.09	0.97
Total Liab	0.95	0.78	1.0	0.24	0.5	0.08	0.96	0.89	0.16	0.93	0.58	0.92		-0.05	0.16	-0.03	0.86	0.05	0.58	0.58	0.94	0.77	-0.17	0.87	0.13	0.93
Common Stock	-0.01	-0.11	-0.03	-0.22	0.22	-0.84	0.02	0.04	-0.65	0.06	-0.52	-0.06	-0.05		-0.53	0.34	0.14	-0.41	-0.32	0.09	0.03	0.06	0.29	-0.13	0.27	-0.02
Property Plant Equipment	0.05	0.53	0.17	0.6	-0.47	0.57	0.03	-0.07	0.12	-0.08	0.63	-0.01	0.16	-0.53		-0.45	0.11	0.64	0.48	-0.21	-0.01	0.1	-0.4	0.22	-0.43	0.06
Other Assets	-0.11	-0.13	-0.05	-0.59	-0.16	-0.61	-0.14	-0.11	-0.06	-0.08	-0.51	-0.14	-0.03	0.34	-0.45		-0.18	-0.54	-0.54	-0.2	-0.12	0.11	0.54	-0.27	0.35	-0.2
Intangible Assets	0.91	0.6	0.87	0.52	0.42	0.07	0.9	0.91	-0.15	0.88	0.53	0.86	0.86	0.14	0.11	-0.18		0.29	0.72	0.52	0.91	0.8	-0.35	0.91	-0.14	0.92
Net Tangible Assets	0.13	0.16	0.06	0.94	-0.3	0.71	0.08	0.13	0.07	0.03	0.49	0.09	0.05	-0.41	0.64	-0.54	0.29		0.8	-0.02	0.09	0.3	-0.57	0.44	-0.59	0.19
Good Will	0.67	0.45	0.59	0.89	0.19	0.64	0.64	0.66	0.16	0.6	0.73	0.62	0.58	-0.32	0.48	-0.54	0.72	0.8		0.35	0.64	0.62	-0.6	0.87	-0.36	0.72
Deferred Long Term Liab	0.64	0.31	0.59	0.12	0.65	0.03	0.67	0.58	0.35	0.7	0.36	0.7	0.58	0.09	-0.21	-0.2	0.52	-0.02	0.35		0.67	0.57	0.26	0.56	0.51	0.64
Total Current Assets	1.0	0.59	0.95	0.29	0.62	0.13	1.0	0.97	0.17	1.0	0.6	0.98	0.94	0.03	-0.01	-0.12	0.91	0.09	0.64	0.67		0.81	-0.19	0.93	0.13	0.99
Non Current Assets Total	0.83	0.55	0.77	0.41	0.27	0.15	0.79	0.78	0.22	0.79	0.52	0.8	0.77	0.06	0.1	0.11	0.8	0.3	0.62	0.57	0.81		0.06	0.83	0.08	0.8
Non Currrent Assets Other	-0.22	-0.13	-0.17	-0.6	0.13	-0.49	-0.19	-0.25	0.24	-0.14	-0.37	-0.18	-0.17	0.29	-0.4	0.54	-0.35	-0.57	-0.6	0.26	-0.19	0.06		-0.39	0.7	-0.27
Short Term Investments	0.94	0.59	0.88	0.6	0.46	0.37	0.93	0.92	0.17	0.9	0.71	0.9	0.87	-0.13	0.22	-0.27	0.91	0.44	0.87	0.56	0.93	0.83	-0.39		-0.11	0.96
Non Current Liabilities Total	0.09	-0.08	0.13	-0.54	0.49	-0.42	0.14	0.09	0.4	0.19	-0.17	0.09	0.13	0.27	-0.43	0.35	-0.14	-0.59	-0.36	0.51	0.13	0.08	0.7	-0.11		0.05
Short Long Term Debt	0.99	0.6	0.94	0.39	0.6	0.21	0.99	0.97	0.17	0.98	0.64	0.97	0.93	-0.02	0.06	-0.2	0.92	0.19	0.72	0.64	0.99	0.8	-0.27	0.96	0.05

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Hubei Geoway Account Relationship Matchups

Hubei Geoway fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	150.6M	345.3M	366.6M	433.0M	396.4M	376.6M
Other Current Liab	23.6M	98.1M	233.6M	277.7M	1.3M	1.2M
Total Current Liabilities	139.0M	286.3M	291.5M	379.3M	327.5M	596.2M
Total Stockholder Equity	(25.0M)	41.4M	60.8M	33.8M	(3.1M)	(3.0M)
Other Liab	37.9M	37.3M	9.1M	15.6M	14.0M	13.3M
Retained Earnings	(1.2B)	(1.2B)	(1.3B)	(1.3B)	(1.4B)	(1.4B)
Accounts Payable	78.3M	39.4M	30.7M	77.6M	51.7M	49.1M
Cash	20.4M	55.8M	15.3M	11.8M	71.5M	112.3M
Net Receivables	86.6M	45.8M	56.4M	145.7M	114.7M	108.9M
Inventory	35.7M	47.2M	48.0M	19.2M	23.6M	22.4M
Other Current Assets	6.7M	26.4M	31.2M	16.8M	5.7M	5.4M
Total Liab	176.3M	300.4M	310.8M	411.8M	410.2M	756.5M
Property Plant Equipment	668.0K	66.1M	68.2M	7.4M	6.6M	6.3M
Other Assets	61.4K	2.3M	72.6M	121.7M	140.0M	147.0M
Intangible Assets	186.8K	2.9M	2.5M	1.1M	1.0M	2.0M
Net Tangible Assets	(25.4M)	38.5M	58.3M	32.6M	29.4M	27.9M
Deferred Long Term Liab	10.6K	1.1M	1.4M	780.5K	702.4K	667.3K
Total Current Assets	149.4M	274.1M	223.3M	299.7M	261.5M	248.4M
Non Current Assets Total	1.1M	71.2M	143.4M	133.3M	134.9M	97.6M
Non Currrent Assets Other	1.1M	1.1M	71.2M	61.9M	49.9M	41.0M
Non Current Liabilities Total	37.3M	14.1M	19.3M	32.5M	82.7M	50.6M
Short Long Term Debt	12M	11M	11.8M	6.0M	3M	2.9M
Net Invested Capital	(13.0M)	57.4M	73.1M	70.4M	29.9M	28.4M
Net Working Capital	10.5M	(12.2M)	(68.2M)	(79.6M)	(66.0M)	(62.7M)
Non Current Liabilities Other	37.3M	9.1M	15.6M	36.7M	33.1M	21.2M

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Other Information on Investing in Hubei Stock

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

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Hubei Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Hubei Geoway fundamental ratios Correlations

Hubei Geoway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hubei Geoway fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Hubei Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Accounts Payable
Total Current Assets	+ 1.0	Net Receivables
Accounts Payable	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Common Stock	- 0.84	Retained Earnings
Common Stock	- 0.65	Long Term Debt
Other Assets	- 0.61	Retained Earnings
Non Currrent Assets Other	- 0.6	Good Will
Non Currrent Assets Other	- 0.6	Total Stockholder Equity
Non Current Liabilities Total	- 0.59	Net Tangible Assets