Holike Capital Expenditures vs Depreciation Analysis

603898 Stock

10.40 0.53 5.37%

Holike financial indicator trend analysis is much more than just examining Holike latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holike is a good investment. Please check the relationship between Holike Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Holike. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holike Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between Holike's Capital Expenditures and Depreciation is 0.07. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Holike, assuming nothing else is changed. The correlation between historical values of Holike's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Holike are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Holike's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

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Capital Expenditures

Capital Expenditures are funds used by Holike to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Holike operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Holike value has been used up. For tax purposes Holike can deduct the cost of the tangible assets it purchases as business expenses. However, Holike must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Holike's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holike 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 Holike. 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.

As of December 1, 2024, Selling General Administrative is expected to decline to about 283.8 M. In addition to that, Tax Provision is expected to decline to about 8.9 M

	2021	2022	2023	2024 (projected)
Operating Income	467.5M	392.9M	250.0M	291.8M
Total Revenue	3.4B	2.8B	2.3B	1.8B

Operating Income Total Revenue

Holike fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Accounts Payable	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Treasury Stock	Common Stock Shares Outstanding
Total Assets		0.62	0.85	0.96	0.66	0.75	0.76	0.83	0.48	0.82	0.17	0.94	0.98	0.82	0.91	0.97	0.89	0.88	0.92	0.27	0.98	0.95	-0.07	0.89	0.82	-0.23
Other Current Liab	0.62		0.91	0.42	0.14	0.6	0.16	0.44	-0.14	0.87	0.14	0.78	0.51	0.4	0.37	0.42	0.85	0.33	0.39	-0.04	0.59	0.56	0.23	0.36	0.55	0.09
Total Current Liabilities	0.85	0.91		0.68	0.49	0.7	0.53	0.76	0.09	0.97	0.12	0.95	0.76	0.58	0.7	0.71	0.97	0.6	0.66	0.1	0.85	0.84	0.0	0.68	0.66	-0.18
Total Stockholder Equity	0.96	0.42	0.68		0.62	0.74	0.75	0.73	0.65	0.62	0.26	0.8	0.98	0.89	0.9	0.99	0.75	0.95	0.96	0.38	0.93	0.86	-0.04	0.83	0.84	-0.22
Other Liab	0.66	0.14	0.49	0.62		0.22	0.85	0.86	0.21	0.56	-0.05	0.65	0.65	0.37	0.82	0.69	0.52	0.65	0.66	0.2	0.74	0.8	-0.45	0.83	0.37	-0.58
Cash	0.75	0.6	0.7	0.74	0.22		0.46	0.5	0.5	0.58	0.25	0.67	0.7	0.81	0.65	0.69	0.74	0.69	0.7	0.35	0.71	0.62	0.21	0.5	0.64	-0.18
Other Assets	0.76	0.16	0.53	0.75	0.85	0.46		0.91	0.53	0.57	-0.05	0.69	0.74	0.61	0.91	0.8	0.52	0.71	0.72	0.33	0.79	0.82	-0.57	0.86	0.39	-0.62
Net Receivables	0.83	0.44	0.76	0.73	0.86	0.5	0.91		0.29	0.81	-0.09	0.86	0.78	0.53	0.92	0.81	0.75	0.67	0.7	0.22	0.87	0.93	-0.47	0.91	0.45	-0.55
Short Term Investments	0.48	-0.14	0.09	0.65	0.21	0.5	0.53	0.29		0.01	0.17	0.22	0.52	0.63	0.53	0.6	0.13	0.69	0.65	0.56	0.48	0.33	-0.13	0.42	0.44	-0.19
Inventory	0.82	0.87	0.97	0.62	0.56	0.58	0.57	0.81	0.01		0.0	0.96	0.72	0.47	0.68	0.67	0.93	0.52	0.58	0.0	0.81	0.85	-0.13	0.73	0.58	-0.18
Other Current Assets	0.17	0.14	0.12	0.26	-0.05	0.25	-0.05	-0.09	0.17	0.0		0.03	0.28	0.27	0.11	0.2	0.19	0.34	0.28	-0.08	0.13	0.09	0.55	-0.12	0.41	0.13
Total Liab	0.94	0.78	0.95	0.8	0.65	0.67	0.69	0.86	0.22	0.96	0.03		0.87	0.63	0.83	0.84	0.95	0.71	0.77	0.09	0.92	0.95	-0.11	0.87	0.69	-0.22
Intangible Assets	0.98	0.51	0.76	0.98	0.65	0.7	0.74	0.78	0.52	0.72	0.28	0.87		0.85	0.91	0.98	0.83	0.91	0.94	0.23	0.94	0.92	-0.01	0.87	0.82	-0.22
Common Stock	0.82	0.4	0.58	0.89	0.37	0.81	0.61	0.53	0.63	0.47	0.27	0.63	0.85		0.74	0.84	0.62	0.8	0.81	0.44	0.76	0.64	0.02	0.59	0.7	-0.15
Property Plant Equipment	0.91	0.37	0.7	0.9	0.82	0.65	0.91	0.92	0.53	0.68	0.11	0.83	0.91	0.74		0.93	0.76	0.88	0.9	0.34	0.94	0.94	-0.23	0.91	0.63	-0.57
Retained Earnings	0.97	0.42	0.71	0.99	0.69	0.69	0.8	0.81	0.6	0.67	0.2	0.84	0.98	0.84	0.93		0.77	0.92	0.95	0.3	0.94	0.92	-0.11	0.9	0.79	-0.26
Accounts Payable	0.89	0.85	0.97	0.75	0.52	0.74	0.52	0.75	0.13	0.93	0.19	0.95	0.83	0.62	0.76	0.77		0.69	0.74	0.11	0.88	0.88	0.13	0.72	0.74	-0.22
Net Tangible Assets	0.88	0.33	0.6	0.95	0.65	0.69	0.71	0.67	0.69	0.52	0.34	0.71	0.91	0.8	0.88	0.92	0.69		0.99	0.47	0.9	0.81	0.05	0.77	0.84	-0.32
Deferred Long Term Liab	0.92	0.39	0.66	0.96	0.66	0.7	0.72	0.7	0.65	0.58	0.28	0.77	0.94	0.81	0.9	0.95	0.74	0.99		0.43	0.93	0.85	0.05	0.81	0.85	-0.31
Long Term Investments	0.27	-0.04	0.1	0.38	0.2	0.35	0.33	0.22	0.56	0.0	-0.08	0.09	0.23	0.44	0.34	0.3	0.11	0.47	0.43		0.39	0.14	-0.28	0.12	0.32	-0.36
Total Current Assets	0.98	0.59	0.85	0.93	0.74	0.71	0.79	0.87	0.48	0.81	0.13	0.92	0.94	0.76	0.94	0.94	0.88	0.9	0.93	0.39		0.95	-0.14	0.88	0.79	-0.36
Non Current Assets Total	0.95	0.56	0.84	0.86	0.8	0.62	0.82	0.93	0.33	0.85	0.09	0.95	0.92	0.64	0.94	0.92	0.88	0.81	0.85	0.14	0.95		-0.16	0.95	0.7	-0.39
Non Currrent Assets Other	-0.07	0.23	0.0	-0.04	-0.45	0.21	-0.57	-0.47	-0.13	-0.13	0.55	-0.11	-0.01	0.02	-0.23	-0.11	0.13	0.05	0.05	-0.28	-0.14	-0.16		-0.31	0.27	0.37
Non Current Liabilities Total	0.89	0.36	0.68	0.83	0.83	0.5	0.86	0.91	0.42	0.73	-0.12	0.87	0.87	0.59	0.91	0.9	0.72	0.77	0.81	0.12	0.88	0.95	-0.31		0.58	-0.37
Treasury Stock	0.82	0.55	0.66	0.84	0.37	0.64	0.39	0.45	0.44	0.58	0.41	0.69	0.82	0.7	0.63	0.79	0.74	0.84	0.85	0.32	0.79	0.7	0.27	0.58		0.03
Common Stock Shares Outstanding	-0.23	0.09	-0.18	-0.22	-0.58	-0.18	-0.62	-0.55	-0.19	-0.18	0.13	-0.22	-0.22	-0.15	-0.57	-0.26	-0.22	-0.32	-0.31	-0.36	-0.36	-0.39	0.37	-0.37	0.03

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Holike Account Relationship Matchups

Holike fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	5.2B	5.5B	4.4B	4.6B	2.8B
Other Current Liab	205.5M	792.0M	868.2M	17.4M	29.7M	28.3M
Total Current Liabilities	560.7M	1.7B	1.9B	534.7M	641.4M	627.9M
Total Stockholder Equity	2.5B	2.6B	2.6B	3.0B	3.1B	1.8B
Other Liab	30.2M	45.2M	53.0M	81.6M	93.9M	98.6M
Cash	507.0M	644.3M	530.6M	249.7M	480.7M	404.5M
Other Assets	70.6M	92.2M	96.5M	260.8M	299.9M	314.9M
Net Receivables	36.2M	154.4M	188.4M	146.2M	167.0M	175.4M
Short Term Investments	1.0B	200.1M	601.0M	820.6M	1.3B	774.4M
Inventory	133.7M	629.4M	786.8M	234.4M	239.1M	197.6M
Other Current Assets	80.5M	114.7M	77.2M	20.9M	23.4M	22.3M
Total Liab	1.1B	2.3B	2.7B	1.3B	1.5B	936.7M
Intangible Assets	169.7M	202.7M	202.1M	206.7M	196.0M	113.9M
Common Stock	320.1M	309.6M	311.3M	311.3M	358.0M	245.8M
Property Plant Equipment	1.2B	1.6B	2.0B	2.0B	2.3B	2.4B
Retained Earnings	1.4B	1.6B	1.6B	1.9B	1.9B	1.1B
Accounts Payable	292.7M	677.6M	557.0M	248.9M	244.4M	259.3M
Net Tangible Assets	2.2B	2.4B	1.9B	2.0B	2.3B	2.0B
Deferred Long Term Liab	28.7M	37.3M	30.4M	30.8M	35.4M	26.4M
Total Current Assets	1.8B	2.3B	2.6B	1.9B	2.2B	1.9B
Non Current Assets Total	1.9B	2.8B	2.9B	2.5B	2.3B	2.1B
Non Currrent Assets Other	40.3M	32.3M	8.8M	4.0M	4.4M	4.2M
Non Current Liabilities Total	575.2M	600.1M	751.6M	803.5M	813.1M	493.6M
Common Stock Shares Outstanding	309.6M	311.3M	311.3M	311.3M	311.3M	250.6M
Net Invested Capital	3.1B	3.2B	3.6B	3.6B	3.7B	3.4B
Net Working Capital	1.2B	617.8M	677.1M	1.4B	1.6B	1.2B
Capital Stock	309.6M	311.3M	311.3M	311.3M	311.3M	250.0M

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Other Information on Investing in Holike Stock

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

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Holike Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

Holike fundamental ratios Correlations

Holike Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Holike fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Holike Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Deferred Long Term Liab	+ 0.99	Net Tangible Assets
Intangible Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.98	Intangible Assets

Common Stock Shares Outstanding	- 0.62	Other Assets
Common Stock Shares Outstanding	- 0.58	Other Liab
Common Stock Shares Outstanding	- 0.57	Property Plant Equipment
Non Currrent Assets Other	- 0.57	Other Assets
Common Stock Shares Outstanding	- 0.55	Net Receivables
Non Currrent Assets Other	- 0.47	Net Receivables