HMTNew Other Assets vs Non Current Liabilities Total Analysis

603306 Stock   31.61  0.61  1.89%   
HMTNew Technical financial indicator trend analysis is much more than just examining HMTNew Technical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HMTNew Technical is a good investment. Please check the relationship between HMTNew Technical Other 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 HMTNew Technical. 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 Assets vs Non Current Liabilities Total

Other 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 HMTNew Technical Other Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between HMTNew Technical's Other Assets and Non Current Liabilities Total is 0.78. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of HMTNew Technical, assuming nothing else is changed. The correlation between historical values of HMTNew Technical's Other 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 Assets of HMTNew Technical 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 Assets i.e., HMTNew Technical's Other Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Non Current Liabilities Total

Most indicators from HMTNew Technical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HMTNew Technical 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 HMTNew Technical. 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.
As of December 4, 2024, Selling General Administrative is expected to decline to about 62.7 M. In addition to that, Tax Provision is expected to decline to about 30 M
 2021 2022 2023 2024 (projected)
Operating Income191.5M267.7M330.4M230.3M
Total Revenue1.2B1.6B2.1B2.2B

HMTNew Technical fundamental ratios Correlations

-0.340.840.870.850.860.920.890.810.820.950.10.870.540.830.83-0.080.950.9-0.520.890.820.820.790.81-0.82
-0.34-0.05-0.050.03-0.15-0.32-0.450.050.01-0.350.37-0.620.250.050.050.31-0.36-0.21-0.17-0.32-0.02-0.31-0.69-0.690.08
0.84-0.050.90.90.970.730.770.770.960.820.050.660.680.850.85-0.130.760.84-0.440.80.740.840.570.55-0.63
0.87-0.050.90.990.950.80.720.830.910.80.190.570.630.980.980.090.860.97-0.550.920.910.820.470.48-0.83
0.850.030.90.990.940.780.670.850.90.790.180.530.650.980.980.040.860.95-0.510.870.910.80.40.43-0.85
0.86-0.150.970.950.940.750.760.790.940.840.040.650.640.90.89-0.110.830.91-0.410.860.810.880.550.55-0.71
0.92-0.320.730.80.780.750.760.810.780.8-0.070.810.350.780.78-0.130.830.8-0.580.850.770.640.730.76-0.72
0.89-0.450.770.720.670.760.760.650.760.90.010.840.580.610.62-0.080.790.76-0.510.770.650.770.860.78-0.53
0.810.050.770.830.850.790.810.650.860.690.190.540.460.840.830.070.70.76-0.620.740.850.550.440.45-0.67
0.820.010.960.910.90.940.780.760.860.770.110.60.650.880.87-0.010.710.84-0.610.840.810.730.540.5-0.62
0.95-0.350.820.80.790.840.80.90.690.770.040.860.670.740.74-0.190.940.86-0.390.820.710.890.790.8-0.78
0.10.370.050.190.180.04-0.070.010.190.110.04-0.060.040.290.280.860.050.18-0.450.180.28-0.02-0.09-0.07-0.32
0.87-0.620.660.570.530.650.810.840.540.60.86-0.060.270.510.52-0.270.780.64-0.320.720.480.710.970.99-0.57
0.540.250.680.630.650.640.350.580.460.650.670.040.270.550.56-0.120.560.6-0.280.460.510.650.230.16-0.49
0.830.050.850.980.980.90.780.610.840.880.740.290.510.551.00.180.820.94-0.60.890.940.730.370.41-0.86
0.830.050.850.980.980.890.780.620.830.870.740.280.520.561.00.170.830.95-0.60.90.920.750.380.43-0.87
-0.080.31-0.130.090.04-0.11-0.13-0.080.07-0.01-0.190.86-0.27-0.120.180.17-0.130.08-0.540.120.27-0.26-0.23-0.27-0.1
0.95-0.360.760.860.860.830.830.790.70.710.940.050.780.560.820.83-0.130.92-0.350.860.80.870.670.72-0.91
0.9-0.210.840.970.950.910.80.760.760.840.860.180.640.60.940.950.080.92-0.520.950.90.870.540.57-0.88
-0.52-0.17-0.44-0.55-0.51-0.41-0.58-0.51-0.62-0.61-0.39-0.45-0.32-0.28-0.6-0.6-0.54-0.35-0.52-0.59-0.71-0.2-0.32-0.260.41
0.89-0.320.80.920.870.860.850.770.740.840.820.180.720.460.890.90.120.860.95-0.590.850.770.660.67-0.8
0.82-0.020.740.910.910.810.770.650.850.810.710.280.480.510.940.920.270.80.9-0.710.850.620.370.38-0.81
0.82-0.310.840.820.80.880.640.770.550.730.89-0.020.710.650.730.75-0.260.870.87-0.20.770.620.630.65-0.73
0.79-0.690.570.470.40.550.730.860.440.540.79-0.090.970.230.370.38-0.230.670.54-0.320.660.370.630.97-0.41
0.81-0.690.550.480.430.550.760.780.450.50.8-0.070.990.160.410.43-0.270.720.57-0.260.670.380.650.97-0.51
-0.820.08-0.63-0.83-0.85-0.71-0.72-0.53-0.67-0.62-0.78-0.32-0.57-0.49-0.86-0.87-0.1-0.91-0.880.41-0.8-0.81-0.73-0.41-0.51
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HMTNew Technical Account Relationship Matchups

HMTNew Technical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.8B3.1B3.8B5.1B5.3B
Other Current Liab62.3M28.8M36.1M62.4M103.7K98.5K
Total Current Liabilities220.3M226.4M273.3M355.6M399.2M254.9M
Total Stockholder Equity2.4B2.5B2.7B3.1B3.7B2.0B
Retained Earnings1.1B1.1B1.3B1.4B1.5B865.1M
Accounts Payable99.8M129.5M160.0M182.9M227.7M118.4M
Cash1.2B905.2M746.4M750.6M1.5B1.6B
Other Assets12.8M13.8M25.4M56.2M64.6M67.8M
Net Receivables363.0M336.7M324.9M520.9M614.4M352.3M
Inventory110.0M135.7M160.7M270.5M275.0M288.7M
Other Current Assets1.1M2.5M21.2M41.6M18.5M17.6M
Total Liab270.8M294.6M360.3M448.3M1.3B1.3B
Intangible Assets37.3M36.1M34.2M220.7M56.5M46.5M
Common Stock310.6M308.7M307.0M320.5M368.6M236.3M
Property Plant Equipment697.0M635.9M651.9M700.7M805.8M503.8M
Short Term Investments210.1M194.3M73.2M52.6M32.4M30.7M
Other Liab50.4M68.2M81.7M87.0M100.0M105.0M
Net Tangible Assets2.4B2.4B2.6B2.9B3.4B2.3B
Deferred Long Term Liab1.1K370.0695.6K397.5K357.7K249.9K
Total Current Assets1.9B2.0B1.5B2.0B3.0B2.0B
Non Current Assets Total747.1M715.8M1.6B1.8B2.1B1.2B
Non Currrent Assets Other159.5K175.3K1.3M32.0M133.4M140.1M
Non Current Liabilities Total50.4M68.2M87.0M92.7M874.6M918.3M
Common Stock Shares Outstanding310.6M308.7M307.0M320.5M326.1M344.6M
Net Invested Capital2.4B2.5B2.7B3.1B4.5B3.1B
Net Working Capital1.7B1.8B1.3B1.6B2.6B1.9B
Other Stockholder Equity506.1K(686.9K)(1.2M)2.2M2.6M2.7M
Capital Stock310.6M308.7M307.0M320.5M326.1M345.8M

Currently Active Assets on Macroaxis

Other Information on Investing in HMTNew Stock

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