HMTNew Total Current Assets vs Long Term Debt 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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HMTNew Technical Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between HMTNew Technical's Total Current Assets and Long Term Debt is 0.74. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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 Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of HMTNew Technical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., HMTNew Technical's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Long Term Debt

Long-term debt is a debt that HMTNew Technical has held for over one year. Long-term debt appears on HMTNew Technical balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on HMTNew Technical balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Income	191.5M	267.7M	330.4M	230.3M
Total Revenue	1.2B	1.6B	2.1B	2.2B

Operating Income Total Revenue

HMTNew Technical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		-0.34	0.84	0.87	0.85	0.86	0.92	0.89	0.81	0.82	0.95	0.1	0.87	0.54	0.83	0.83	-0.08	0.95	0.9	-0.52	0.89	0.82	0.82	0.79	0.81	-0.82
Other Current Liab	-0.34		-0.05	-0.05	0.03	-0.15	-0.32	-0.45	0.05	0.01	-0.35	0.37	-0.62	0.25	0.05	0.05	0.31	-0.36	-0.21	-0.17	-0.32	-0.02	-0.31	-0.69	-0.69	0.08
Total Current Liabilities	0.84	-0.05		0.9	0.9	0.97	0.73	0.77	0.77	0.96	0.82	0.05	0.66	0.68	0.85	0.85	-0.13	0.76	0.84	-0.44	0.8	0.74	0.84	0.57	0.55	-0.63
Total Stockholder Equity	0.87	-0.05	0.9		0.99	0.95	0.8	0.72	0.83	0.91	0.8	0.19	0.57	0.63	0.98	0.98	0.09	0.86	0.97	-0.55	0.92	0.91	0.82	0.47	0.48	-0.83
Retained Earnings	0.85	0.03	0.9	0.99		0.94	0.78	0.67	0.85	0.9	0.79	0.18	0.53	0.65	0.98	0.98	0.04	0.86	0.95	-0.51	0.87	0.91	0.8	0.4	0.43	-0.85
Accounts Payable	0.86	-0.15	0.97	0.95	0.94		0.75	0.76	0.79	0.94	0.84	0.04	0.65	0.64	0.9	0.89	-0.11	0.83	0.91	-0.41	0.86	0.81	0.88	0.55	0.55	-0.71
Cash	0.92	-0.32	0.73	0.8	0.78	0.75		0.76	0.81	0.78	0.8	-0.07	0.81	0.35	0.78	0.78	-0.13	0.83	0.8	-0.58	0.85	0.77	0.64	0.73	0.76	-0.72
Other Assets	0.89	-0.45	0.77	0.72	0.67	0.76	0.76		0.65	0.76	0.9	0.01	0.84	0.58	0.61	0.62	-0.08	0.79	0.76	-0.51	0.77	0.65	0.77	0.86	0.78	-0.53
Long Term Debt	0.81	0.05	0.77	0.83	0.85	0.79	0.81	0.65		0.86	0.69	0.19	0.54	0.46	0.84	0.83	0.07	0.7	0.76	-0.62	0.74	0.85	0.55	0.44	0.45	-0.67
Net Receivables	0.82	0.01	0.96	0.91	0.9	0.94	0.78	0.76	0.86		0.77	0.11	0.6	0.65	0.88	0.87	-0.01	0.71	0.84	-0.61	0.84	0.81	0.73	0.54	0.5	-0.62
Inventory	0.95	-0.35	0.82	0.8	0.79	0.84	0.8	0.9	0.69	0.77		0.04	0.86	0.67	0.74	0.74	-0.19	0.94	0.86	-0.39	0.82	0.71	0.89	0.79	0.8	-0.78
Other Current Assets	0.1	0.37	0.05	0.19	0.18	0.04	-0.07	0.01	0.19	0.11	0.04		-0.06	0.04	0.29	0.28	0.86	0.05	0.18	-0.45	0.18	0.28	-0.02	-0.09	-0.07	-0.32
Total Liab	0.87	-0.62	0.66	0.57	0.53	0.65	0.81	0.84	0.54	0.6	0.86	-0.06		0.27	0.51	0.52	-0.27	0.78	0.64	-0.32	0.72	0.48	0.71	0.97	0.99	-0.57
Intangible Assets	0.54	0.25	0.68	0.63	0.65	0.64	0.35	0.58	0.46	0.65	0.67	0.04	0.27		0.55	0.56	-0.12	0.56	0.6	-0.28	0.46	0.51	0.65	0.23	0.16	-0.49
Common Stock	0.83	0.05	0.85	0.98	0.98	0.9	0.78	0.61	0.84	0.88	0.74	0.29	0.51	0.55		1.0	0.18	0.82	0.94	-0.6	0.89	0.94	0.73	0.37	0.41	-0.86
Property Plant Equipment	0.83	0.05	0.85	0.98	0.98	0.89	0.78	0.62	0.83	0.87	0.74	0.28	0.52	0.56	1.0		0.17	0.83	0.95	-0.6	0.9	0.92	0.75	0.38	0.43	-0.87
Short Term Investments	-0.08	0.31	-0.13	0.09	0.04	-0.11	-0.13	-0.08	0.07	-0.01	-0.19	0.86	-0.27	-0.12	0.18	0.17		-0.13	0.08	-0.54	0.12	0.27	-0.26	-0.23	-0.27	-0.1
Other Liab	0.95	-0.36	0.76	0.86	0.86	0.83	0.83	0.79	0.7	0.71	0.94	0.05	0.78	0.56	0.82	0.83	-0.13		0.92	-0.35	0.86	0.8	0.87	0.67	0.72	-0.91
Net Tangible Assets	0.9	-0.21	0.84	0.97	0.95	0.91	0.8	0.76	0.76	0.84	0.86	0.18	0.64	0.6	0.94	0.95	0.08	0.92		-0.52	0.95	0.9	0.87	0.54	0.57	-0.88
Deferred Long Term Liab	-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	-0.26	0.41
Total Current Assets	0.89	-0.32	0.8	0.92	0.87	0.86	0.85	0.77	0.74	0.84	0.82	0.18	0.72	0.46	0.89	0.9	0.12	0.86	0.95	-0.59		0.85	0.77	0.66	0.67	-0.8
Treasury Stock	0.82	-0.02	0.74	0.91	0.91	0.81	0.77	0.65	0.85	0.81	0.71	0.28	0.48	0.51	0.94	0.92	0.27	0.8	0.9	-0.71	0.85		0.62	0.37	0.38	-0.81
Non Current Assets Total	0.82	-0.31	0.84	0.82	0.8	0.88	0.64	0.77	0.55	0.73	0.89	-0.02	0.71	0.65	0.73	0.75	-0.26	0.87	0.87	-0.2	0.77	0.62		0.63	0.65	-0.73
Non Currrent Assets Other	0.79	-0.69	0.57	0.47	0.4	0.55	0.73	0.86	0.44	0.54	0.79	-0.09	0.97	0.23	0.37	0.38	-0.23	0.67	0.54	-0.32	0.66	0.37	0.63		0.97	-0.41
Non Current Liabilities Total	0.81	-0.69	0.55	0.48	0.43	0.55	0.76	0.78	0.45	0.5	0.8	-0.07	0.99	0.16	0.41	0.43	-0.27	0.72	0.57	-0.26	0.67	0.38	0.65	0.97		-0.51
Short Long Term Debt	-0.82	0.08	-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	-0.88	0.41	-0.8	-0.81	-0.73	-0.41	-0.51

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HMTNew Technical Account Relationship Matchups

HMTNew Technical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.8B	3.1B	3.8B	5.1B	5.3B
Other Current Liab	62.3M	28.8M	36.1M	62.4M	103.7K	98.5K
Total Current Liabilities	220.3M	226.4M	273.3M	355.6M	399.2M	254.9M
Total Stockholder Equity	2.4B	2.5B	2.7B	3.1B	3.7B	2.0B
Retained Earnings	1.1B	1.1B	1.3B	1.4B	1.5B	865.1M
Accounts Payable	99.8M	129.5M	160.0M	182.9M	227.7M	118.4M
Cash	1.2B	905.2M	746.4M	750.6M	1.5B	1.6B
Other Assets	12.8M	13.8M	25.4M	56.2M	64.6M	67.8M
Net Receivables	363.0M	336.7M	324.9M	520.9M	614.4M	352.3M
Inventory	110.0M	135.7M	160.7M	270.5M	275.0M	288.7M
Other Current Assets	1.1M	2.5M	21.2M	41.6M	18.5M	17.6M
Total Liab	270.8M	294.6M	360.3M	448.3M	1.3B	1.3B
Intangible Assets	37.3M	36.1M	34.2M	220.7M	56.5M	46.5M
Common Stock	310.6M	308.7M	307.0M	320.5M	368.6M	236.3M
Property Plant Equipment	697.0M	635.9M	651.9M	700.7M	805.8M	503.8M
Short Term Investments	210.1M	194.3M	73.2M	52.6M	32.4M	30.7M
Other Liab	50.4M	68.2M	81.7M	87.0M	100.0M	105.0M
Net Tangible Assets	2.4B	2.4B	2.6B	2.9B	3.4B	2.3B
Deferred Long Term Liab	1.1K	370.0	695.6K	397.5K	357.7K	249.9K
Total Current Assets	1.9B	2.0B	1.5B	2.0B	3.0B	2.0B
Non Current Assets Total	747.1M	715.8M	1.6B	1.8B	2.1B	1.2B
Non Currrent Assets Other	159.5K	175.3K	1.3M	32.0M	133.4M	140.1M
Non Current Liabilities Total	50.4M	68.2M	87.0M	92.7M	874.6M	918.3M
Common Stock Shares Outstanding	310.6M	308.7M	307.0M	320.5M	326.1M	344.6M
Net Invested Capital	2.4B	2.5B	2.7B	3.1B	4.5B	3.1B
Net Working Capital	1.7B	1.8B	1.3B	1.6B	2.6B	1.9B
Other Stockholder Equity	506.1K	(686.9K)	(1.2M)	2.2M	2.6M	2.7M
Capital Stock	310.6M	308.7M	307.0M	320.5M	326.1M	345.8M

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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.

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HMTNew Total Current Assets vs Long Term Debt Analysis

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Long Term Debt

HMTNew Technical fundamental ratios Correlations

HMTNew Technical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HMTNew Technical fundamental ratios Accounts

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Other Information on Investing in HMTNew Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Common Stock
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Total Liab
Common Stock	+ 0.98	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.98	Retained Earnings

Short Long Term Debt	- 0.91	Other Liab
Short Long Term Debt	- 0.88	Net Tangible Assets
Short Long Term Debt	- 0.87	Property Plant Equipment
Short Long Term Debt	- 0.86	Common Stock
Short Long Term Debt	- 0.85	Retained Earnings
Short Long Term Debt	- 0.83	Total Stockholder Equity