Hainan Other Current Assets vs Non Current Liabilities Total Analysis

600515 Stock   3.84  0.11  2.78%   
Hainan HNA financial indicator trend analysis is much more than just examining Hainan HNA Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan HNA Infrastructure is a good investment. Please check the relationship between Hainan HNA Other Current Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan HNA Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan HNA Infrastructure Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hainan HNA's Other Current Assets and Non Current Liabilities Total is -0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Hainan HNA Infrastructure, assuming nothing else is changed. The correlation between historical values of Hainan HNA's Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Hainan HNA Infrastructure are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Hainan HNA's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

Most indicators from Hainan HNA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan HNA Infrastructure 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 Hainan HNA Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 726.3 M, whereas Tax Provision is forecasted to decline to about 322.7 M.
 2021 2023 2024 (projected)
Other Operating Expenses88.4M287.3M447.6M
Research Development9.8M11.3M11.9M

Hainan HNA fundamental ratios Correlations

0.70.880.91-0.070.960.930.540.670.820.970.840.980.80.40.72-0.160.810.72-0.21-0.5-0.410.26-0.55-0.07-0.21
0.70.910.41-0.040.80.470.480.150.680.630.360.820.530.090.32-0.520.640.15-0.72-0.26-0.420.03-0.790.09-0.25
0.880.910.680.080.960.720.470.330.850.860.610.930.650.160.49-0.440.80.47-0.51-0.3-0.390.0-0.780.15-0.12
0.910.410.68-0.190.830.920.580.840.720.90.910.840.850.60.830.120.740.810.0-0.64-0.470.37-0.43-0.25-0.25
-0.07-0.040.08-0.190.050.06-0.8-0.580.260.14-0.25-0.12-0.6-0.87-0.52-0.360.150.330.410.820.82-0.80.30.970.94
0.960.80.960.830.050.860.480.50.860.960.750.970.730.270.61-0.280.830.64-0.34-0.38-0.40.1-0.680.08-0.13
0.930.470.720.920.060.860.320.690.770.950.850.860.660.320.66-0.110.760.890.13-0.37-0.220.28-0.270.020.02
0.540.480.470.58-0.80.480.320.690.290.350.510.60.90.870.780.130.380.01-0.61-0.93-0.890.62-0.71-0.78-0.89
0.670.150.330.84-0.580.50.690.690.270.580.870.60.850.820.90.370.350.520.03-0.79-0.60.64-0.23-0.64-0.53
0.820.680.850.720.260.860.770.290.270.860.510.810.530.110.39-0.360.950.71-0.16-0.28-0.190.0-0.540.240.1
0.970.630.860.90.140.960.950.350.580.860.820.920.680.240.62-0.180.830.83-0.07-0.34-0.260.09-0.470.130.02
0.840.360.610.91-0.250.750.850.510.870.510.820.770.820.570.850.150.530.68-0.04-0.55-0.510.37-0.37-0.26-0.25
0.980.820.930.84-0.120.970.860.60.60.810.920.770.810.390.69-0.260.810.59-0.39-0.51-0.480.25-0.66-0.08-0.28
0.80.530.650.85-0.60.730.660.90.850.530.680.820.810.840.90.140.580.39-0.42-0.88-0.830.56-0.69-0.6-0.68
0.40.090.160.6-0.870.270.320.870.820.110.240.570.390.840.770.430.20.12-0.24-0.96-0.860.8-0.4-0.91-0.83
0.720.320.490.83-0.520.610.660.780.90.390.620.850.690.90.770.290.540.45-0.2-0.78-0.660.49-0.46-0.55-0.56
-0.16-0.52-0.440.12-0.36-0.28-0.110.130.37-0.36-0.180.15-0.260.140.430.29-0.280.040.25-0.34-0.20.140.22-0.47-0.3
0.810.640.80.740.150.830.760.380.350.950.830.530.810.580.20.54-0.280.69-0.15-0.36-0.230.1-0.510.120.01
0.720.150.470.810.330.640.890.010.520.710.830.680.590.390.120.450.040.690.48-0.160.090.060.020.210.33
-0.21-0.72-0.510.00.41-0.340.13-0.610.03-0.16-0.07-0.04-0.39-0.42-0.24-0.20.25-0.150.480.340.64-0.050.840.250.61
-0.5-0.26-0.3-0.640.82-0.38-0.37-0.93-0.79-0.28-0.34-0.55-0.51-0.88-0.96-0.78-0.34-0.36-0.160.340.84-0.720.50.860.84
-0.41-0.42-0.39-0.470.82-0.4-0.22-0.89-0.6-0.19-0.26-0.51-0.48-0.83-0.86-0.66-0.2-0.230.090.640.84-0.640.730.760.84
0.260.030.00.37-0.80.10.280.620.640.00.090.370.250.560.80.490.140.10.06-0.05-0.72-0.64-0.09-0.81-0.64
-0.55-0.79-0.78-0.430.3-0.68-0.27-0.71-0.23-0.54-0.47-0.37-0.66-0.69-0.4-0.460.22-0.510.020.840.50.73-0.090.210.51
-0.070.090.15-0.250.970.080.02-0.78-0.640.240.13-0.26-0.08-0.6-0.91-0.55-0.470.120.210.250.860.76-0.810.210.9
-0.21-0.25-0.12-0.250.94-0.130.02-0.89-0.530.10.02-0.25-0.28-0.68-0.83-0.56-0.30.010.330.610.840.84-0.640.510.9
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Hainan HNA Account Relationship Matchups

Hainan HNA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.5B57.4B61.2B56.1B55.8B28.4B
Other Current Liab16.1B22.5B9.5B6.9B85.5M81.2M
Total Current Liabilities39.7B43.7B18.5B11.0B9.5B11.1B
Total Stockholder Equity23.4B7.3B19.3B22.4B23.1B24.3B
Retained Earnings(262.3M)(8.2B)(16.9B)(14.6B)(14.0B)(13.3B)
Accounts Payable7.8B6.9B4.1B3.4B3.9B2.4B
Cash10.3B1.9B11.0B7.4B6.4B4.1B
Other Assets15.4B17.0B16.6B15.7B18.0B18.9B
Long Term Debt7.8B4.0B20.0B18.8B18.4B19.3B
Net Receivables5.3B2.3B1.2B1.5B1.4B1.3B
Inventory24.1B12.8B12.6B12.8B11.9B8.0B
Other Current Assets247.6M578.8M866.5M734.5M820.2M861.2M
Total Liab53.5B49.3B40.8B32.3B31.0B17.7B
Intangible Assets1.7B1.9B2.0B2.0B2.2B2.4B
Property Plant Equipment7.8B7.8B9.9B10.4B11.9B12.5B
Short Term Investments373.3K435.8K466.0K1.5B1.0B1.1B
Other Liab5.0B2.0B1.8B1.9B2.2B1.6B
Net Tangible Assets22.4B5.5B17.3B20.4B18.4B17.6B
Other Stockholder Equity(2.6B)(11.0B)(859.0M)(1.3B)(1.2B)(1.3B)
Deferred Long Term Liab57.2M75.7M31.1M3.8M3.4M3.3M
Non Current Assets Total41.2B30.0B31.4B31.8B33.6B28.9B
Non Currrent Assets Other417.6M238.7M2.3B1.3B1.3B973.9M
Non Current Liabilities Total14.2B6.0B22.4B21.3B21.5B14.6B
Short Long Term Debt4.4B3.0B2.8B20.0M18.0M17.1M
Total Current Assets40.3B27.5B29.7B24.3B22.2B31.4B
Non Current Liabilities Other3.3B3.1M8.5M2.9M3.5M3.4M
Net Debt408.8M4.9B9.0B11.4B12.0B6.7B
Net Invested Capital34.1B14.0B39.3B41.2B41.5B30.1B
Net Working Capital1.1B(15.9B)11.3B13.3B12.7B6.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Hainan Stock

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