Hubei Non Current Liabilities Total vs Total Current Liabilities 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 Non Current Liabilities Total and its Total Current Liabilities 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.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Geoway Investment Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hubei Geoway's Non Current Liabilities Total and Total Current Liabilities is 0.13. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total and Total Current Liabilities 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 Hubei Geoway Investment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Hubei Geoway's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Hubei Geoway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hubei Geoway Investment 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.
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 Profit123.2M63.4M
Research Development2.2M2.1M

Hubei Geoway fundamental ratios Correlations

0.620.960.330.570.160.990.970.180.990.620.980.95-0.010.05-0.110.910.130.670.641.00.83-0.220.940.090.99
0.620.790.310.160.090.630.50.00.560.490.580.78-0.110.53-0.130.60.160.450.310.590.55-0.130.59-0.080.6
0.960.790.260.50.080.960.890.140.940.590.921.0-0.030.17-0.050.870.060.590.590.950.77-0.170.880.130.94
0.330.310.26-0.10.570.290.33-0.090.240.540.260.24-0.220.6-0.590.520.940.890.120.290.41-0.60.6-0.540.39
0.570.160.5-0.1-0.150.620.630.130.660.080.570.50.22-0.47-0.160.42-0.30.190.650.620.270.130.460.490.6
0.160.090.080.57-0.150.120.130.590.080.680.210.08-0.840.57-0.610.070.710.640.030.130.15-0.490.37-0.420.21
0.990.630.960.290.620.120.960.170.990.610.970.960.020.03-0.140.90.080.640.671.00.79-0.190.930.140.99
0.970.50.890.330.630.130.960.130.960.50.920.890.04-0.07-0.110.910.130.660.580.970.78-0.250.920.090.97
0.180.00.14-0.090.130.590.170.130.180.440.250.16-0.650.12-0.06-0.150.070.160.350.170.220.240.170.40.17
0.990.560.940.240.660.080.990.960.180.560.980.930.06-0.08-0.080.880.030.60.71.00.79-0.140.90.190.98
0.620.490.590.540.080.680.610.50.440.560.640.58-0.520.63-0.510.530.490.730.360.60.52-0.370.71-0.170.64
0.980.580.920.260.570.210.970.920.250.980.640.92-0.06-0.01-0.140.860.090.620.70.980.8-0.180.90.090.97
0.950.781.00.240.50.080.960.890.160.930.580.92-0.050.16-0.030.860.050.580.580.940.77-0.170.870.130.93
-0.01-0.11-0.03-0.220.22-0.840.020.04-0.650.06-0.52-0.06-0.05-0.530.340.14-0.41-0.320.090.030.060.29-0.130.27-0.02
0.050.530.170.6-0.470.570.03-0.070.12-0.080.63-0.010.16-0.53-0.450.110.640.48-0.21-0.010.1-0.40.22-0.430.06
-0.11-0.13-0.05-0.59-0.16-0.61-0.14-0.11-0.06-0.08-0.51-0.14-0.030.34-0.45-0.18-0.54-0.54-0.2-0.120.110.54-0.270.35-0.2
0.910.60.870.520.420.070.90.91-0.150.880.530.860.860.140.11-0.180.290.720.520.910.8-0.350.91-0.140.92
0.130.160.060.94-0.30.710.080.130.070.030.490.090.05-0.410.64-0.540.290.8-0.020.090.3-0.570.44-0.590.19
0.670.450.590.890.190.640.640.660.160.60.730.620.58-0.320.48-0.540.720.80.350.640.62-0.60.87-0.360.72
0.640.310.590.120.650.030.670.580.350.70.360.70.580.09-0.21-0.20.52-0.020.350.670.570.260.560.510.64
1.00.590.950.290.620.131.00.970.171.00.60.980.940.03-0.01-0.120.910.090.640.670.81-0.190.930.130.99
0.830.550.770.410.270.150.790.780.220.790.520.80.770.060.10.110.80.30.620.570.810.060.830.080.8
-0.22-0.13-0.17-0.60.13-0.49-0.19-0.250.24-0.14-0.37-0.18-0.170.29-0.40.54-0.35-0.57-0.60.26-0.190.06-0.390.7-0.27
0.940.590.880.60.460.370.930.920.170.90.710.90.87-0.130.22-0.270.910.440.870.560.930.83-0.39-0.110.96
0.09-0.080.13-0.540.49-0.420.140.090.40.19-0.170.090.130.27-0.430.35-0.14-0.59-0.360.510.130.080.7-0.110.05
0.990.60.940.390.60.210.990.970.170.980.640.970.93-0.020.06-0.20.920.190.720.640.990.8-0.270.960.05
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Hubei Geoway Account Relationship Matchups

Hubei Geoway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.6M345.3M366.6M433.0M396.4M376.6M
Other Current Liab23.6M98.1M233.6M277.7M1.3M1.2M
Total Current Liabilities139.0M286.3M291.5M379.3M327.5M596.2M
Total Stockholder Equity(25.0M)41.4M60.8M33.8M(3.1M)(3.0M)
Other Liab37.9M37.3M9.1M15.6M14.0M13.3M
Retained Earnings(1.2B)(1.2B)(1.3B)(1.3B)(1.4B)(1.4B)
Accounts Payable78.3M39.4M30.7M77.6M51.7M49.1M
Cash20.4M55.8M15.3M11.8M71.5M112.3M
Net Receivables86.6M45.8M56.4M145.7M114.7M108.9M
Inventory35.7M47.2M48.0M19.2M23.6M22.4M
Other Current Assets6.7M26.4M31.2M16.8M5.7M5.4M
Total Liab176.3M300.4M310.8M411.8M410.2M756.5M
Property Plant Equipment668.0K66.1M68.2M7.4M6.6M6.3M
Other Assets61.4K2.3M72.6M121.7M140.0M147.0M
Intangible Assets186.8K2.9M2.5M1.1M1.0M2.0M
Net Tangible Assets(25.4M)38.5M58.3M32.6M29.4M27.9M
Deferred Long Term Liab10.6K1.1M1.4M780.5K702.4K667.3K
Total Current Assets149.4M274.1M223.3M299.7M261.5M248.4M
Non Current Assets Total1.1M71.2M143.4M133.3M134.9M97.6M
Non Currrent Assets Other1.1M1.1M71.2M61.9M49.9M41.0M
Non Current Liabilities Total37.3M14.1M19.3M32.5M82.7M50.6M
Short Long Term Debt12M11M11.8M6.0M3M2.9M
Net Invested Capital(13.0M)57.4M73.1M70.4M29.9M28.4M
Net Working Capital10.5M(12.2M)(68.2M)(79.6M)(66.0M)(62.7M)
Non Current Liabilities Other37.3M9.1M15.6M36.7M33.1M21.2M

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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.