Harbin Other Liab vs Accounts Payable Analysis

600864 Stock   6.49  0.37  5.39%   
Harbin Hatou financial indicator trend analysis is much more than just examining Harbin Hatou Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harbin Hatou Investment is a good investment. Please check the relationship between Harbin Hatou Other Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Harbin Hatou 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.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harbin Hatou Investment Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Harbin Hatou's Other Liab and Accounts Payable is 0.04. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Harbin Hatou Investment, assuming nothing else is changed. The correlation between historical values of Harbin Hatou's Other Liab and Accounts Payable 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 Liab of Harbin Hatou Investment are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Harbin Hatou's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents Harbin Hatou 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 Harbin Hatou Investment 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.
Most indicators from Harbin Hatou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harbin Hatou 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 Harbin Hatou 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.
At present, Harbin Hatou's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 62.8 M, whereas Discontinued Operations is forecasted to decline to (188.2 K).
 2021 2023 2024 (projected)
Minority Interest10.2M67.0M63.6M
Income Tax Expense41.5M47.7M81.3M

Harbin Hatou fundamental ratios Correlations

0.10.980.960.70.380.84-0.40.80.540.630.920.990.910.930.820.630.810.92-0.77-0.830.860.920.480.86-0.55
0.10.010.190.68-0.180.120.080.210.46-0.120.150.05-0.170.03-0.10.38-0.170.060.170.09-0.010.08-0.63-0.090.0
0.980.010.910.640.410.86-0.390.710.520.60.910.990.90.880.80.560.780.86-0.73-0.790.830.880.520.86-0.52
0.960.190.910.750.330.81-0.390.760.470.670.90.930.880.970.830.540.80.97-0.79-0.810.840.910.440.79-0.63
0.70.680.640.750.130.71-0.360.530.620.30.740.640.490.570.470.540.380.61-0.34-0.370.460.57-0.120.43-0.38
0.38-0.180.410.330.130.280.260.18-0.090.50.240.40.480.380.670.040.460.26-0.39-0.340.340.290.540.49-0.04
0.840.120.860.810.710.28-0.410.470.360.550.90.810.840.710.750.310.630.7-0.65-0.580.620.630.410.58-0.41
-0.40.08-0.39-0.39-0.360.26-0.41-0.27-0.450.11-0.46-0.38-0.36-0.26-0.07-0.29-0.18-0.350.140.2-0.23-0.340.03-0.230.35
0.80.210.710.760.530.180.47-0.270.530.450.650.820.630.770.570.850.720.78-0.63-0.760.790.840.240.76-0.35
0.540.460.520.470.62-0.090.36-0.450.53-0.240.580.540.20.360.040.760.050.40.1-0.240.260.51-0.370.32-0.47
0.63-0.120.60.670.30.50.550.110.45-0.240.450.610.770.740.870.120.760.66-0.91-0.80.730.570.810.62-0.18
0.920.150.910.90.740.240.9-0.460.650.580.450.90.820.830.690.460.710.85-0.61-0.630.660.780.30.73-0.55
0.990.050.990.930.640.40.81-0.380.820.540.610.90.90.910.80.660.810.89-0.75-0.830.870.920.50.88-0.51
0.91-0.170.90.880.490.480.84-0.360.630.20.770.820.90.90.930.370.840.84-0.87-0.840.820.790.750.78-0.49
0.930.030.880.970.570.380.71-0.260.770.360.740.830.910.90.870.50.850.98-0.85-0.890.880.930.580.82-0.64
0.82-0.10.80.830.470.670.75-0.070.570.040.870.690.80.930.870.280.820.79-0.88-0.790.790.730.770.72-0.43
0.630.380.560.540.540.040.31-0.290.850.760.120.460.660.370.50.280.30.5-0.24-0.550.580.67-0.060.48-0.32
0.81-0.170.780.80.380.460.63-0.180.720.050.760.710.810.840.850.820.30.84-0.91-0.760.830.770.660.91-0.26
0.920.060.860.970.610.260.7-0.350.780.40.660.850.890.840.980.790.50.84-0.83-0.830.880.940.490.82-0.66
-0.770.17-0.73-0.79-0.34-0.39-0.650.14-0.630.1-0.91-0.61-0.75-0.87-0.85-0.88-0.24-0.91-0.830.84-0.88-0.76-0.79-0.770.32
-0.830.09-0.79-0.81-0.37-0.34-0.580.2-0.76-0.24-0.8-0.63-0.83-0.84-0.89-0.79-0.55-0.76-0.830.84-0.88-0.83-0.67-0.770.39
0.86-0.010.830.840.460.340.62-0.230.790.260.730.660.870.820.880.790.580.830.88-0.88-0.880.940.610.84-0.44
0.920.080.880.910.570.290.63-0.340.840.510.570.780.920.790.930.730.670.770.94-0.76-0.830.940.460.84-0.65
0.48-0.630.520.44-0.120.540.410.030.24-0.370.810.30.50.750.580.77-0.060.660.49-0.79-0.670.610.460.54-0.24
0.86-0.090.860.790.430.490.58-0.230.760.320.620.730.880.780.820.720.480.910.82-0.77-0.770.840.840.54-0.26
-0.550.0-0.52-0.63-0.38-0.04-0.410.35-0.35-0.47-0.18-0.55-0.51-0.49-0.64-0.43-0.32-0.26-0.660.320.39-0.44-0.65-0.24-0.26
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Harbin Hatou Account Relationship Matchups

Harbin Hatou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.4B34.1B37.1B34.3B39.4B41.4B
Other Current Liab758.4M979.8M786.0M786.9M1.9M1.8M
Total Current Liabilities23.6B13.6B19.1B17.8B21.2B22.3B
Total Stockholder Equity13.3B13.6B13.3B11.9B12.4B13.0B
Retained Earnings2.5B2.6B2.8B1.8B1.2B1.3B
Accounts Payable580.9M371.9M419.7M488.1M637.9M669.8M
Cash6.9B7.3B6.9B6.9B6.4B6.8B
Other Assets470.0M656.7M721.6M1.0B904.5M712.5M
Long Term Debt3.4B6.1B3.2B3.2B4.3B4.5B
Net Receivables9.3B216.9M416.3M573.6M616.4M585.6M
Inventory171.6M246.9M368.9M339.0M296.6M311.4M
Other Current Assets3.0B2.3B1.7B1.5B2.0B2.1B
Total Liab27.9B20.4B23.7B22.3B27.0B28.4B
Intangible Assets235.2M236.8M275.0M273.7M353.4M371.0M
Property Plant Equipment2.5B3.0B3.2B3.2B3.7B3.9B
Other Liab5.1B981.4M1.3B1.3B1.6B1.0B
Short Term Investments15.4B19.7B14.0B9.9B17.4B18.3B
Net Tangible Assets13.1B13.5B13.0B11.7B13.4B13.2B
Other Stockholder Equity1.2B1.3B855.5M583.6M525.2M885.0M
Deferred Long Term Liab52.6M47.3M63.1M69.7M80.1M59.2M
Short Long Term Debt986.4M1.6B7.2B7.2B12.0B12.6B
Total Current Assets35.0B28.2B29.3B25.8B32.3B30.1B
Non Current Assets Total6.4B6.1B7.8B8.5B7.1B7.3B
Non Currrent Assets Other(10.6B)138.7M162.4M140.4M158.5M166.5M
Non Current Liabilities Total4.3B7.2B4.6B4.5B5.8B4.7B
Non Current Liabilities Other(6.3B)(2.3B)378.3M405.7M426.5M447.9M
Net Debt3.6B410.0M3.6B3.4B9.8B10.3B
Net Invested Capital17.6B21.3B23.7B22.3B28.7B23.2B
Net Working Capital11.5B14.7B10.2B8.0B11.1B11.6B

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Other Information on Investing in Harbin Stock

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