Holike Property Plant Equipment vs Non Currrent Assets Other 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 Property Plant Equipment and its Non Currrent Assets Other 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.

Property Plant Equipment vs Non Currrent Assets Other

Property Plant Equipment vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holike Property Plant Equipment account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Holike's Property Plant Equipment and Non Currrent Assets Other is -0.23. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Holike, assuming nothing else is changed. The correlation between historical values of Holike's Property Plant Equipment and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Holike are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant Equipment i.e., Holike's Property Plant Equipment and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Income467.5M392.9M250.0M291.8M
Total Revenue3.4B2.8B2.3B1.8B

Holike fundamental ratios Correlations

0.620.850.960.660.750.760.830.480.820.170.940.980.820.910.970.890.880.920.270.980.95-0.070.890.82-0.23
0.620.910.420.140.60.160.44-0.140.870.140.780.510.40.370.420.850.330.39-0.040.590.560.230.360.550.09
0.850.910.680.490.70.530.760.090.970.120.950.760.580.70.710.970.60.660.10.850.840.00.680.66-0.18
0.960.420.680.620.740.750.730.650.620.260.80.980.890.90.990.750.950.960.380.930.86-0.040.830.84-0.22
0.660.140.490.620.220.850.860.210.56-0.050.650.650.370.820.690.520.650.660.20.740.8-0.450.830.37-0.58
0.750.60.70.740.220.460.50.50.580.250.670.70.810.650.690.740.690.70.350.710.620.210.50.64-0.18
0.760.160.530.750.850.460.910.530.57-0.050.690.740.610.910.80.520.710.720.330.790.82-0.570.860.39-0.62
0.830.440.760.730.860.50.910.290.81-0.090.860.780.530.920.810.750.670.70.220.870.93-0.470.910.45-0.55
0.48-0.140.090.650.210.50.530.290.010.170.220.520.630.530.60.130.690.650.560.480.33-0.130.420.44-0.19
0.820.870.970.620.560.580.570.810.010.00.960.720.470.680.670.930.520.580.00.810.85-0.130.730.58-0.18
0.170.140.120.26-0.050.25-0.05-0.090.170.00.030.280.270.110.20.190.340.28-0.080.130.090.55-0.120.410.13
0.940.780.950.80.650.670.690.860.220.960.030.870.630.830.840.950.710.770.090.920.95-0.110.870.69-0.22
0.980.510.760.980.650.70.740.780.520.720.280.870.850.910.980.830.910.940.230.940.92-0.010.870.82-0.22
0.820.40.580.890.370.810.610.530.630.470.270.630.850.740.840.620.80.810.440.760.640.020.590.7-0.15
0.910.370.70.90.820.650.910.920.530.680.110.830.910.740.930.760.880.90.340.940.94-0.230.910.63-0.57
0.970.420.710.990.690.690.80.810.60.670.20.840.980.840.930.770.920.950.30.940.92-0.110.90.79-0.26
0.890.850.970.750.520.740.520.750.130.930.190.950.830.620.760.770.690.740.110.880.880.130.720.74-0.22
0.880.330.60.950.650.690.710.670.690.520.340.710.910.80.880.920.690.990.470.90.810.050.770.84-0.32
0.920.390.660.960.660.70.720.70.650.580.280.770.940.810.90.950.740.990.430.930.850.050.810.85-0.31
0.27-0.040.10.380.20.350.330.220.560.0-0.080.090.230.440.340.30.110.470.430.390.14-0.280.120.32-0.36
0.980.590.850.930.740.710.790.870.480.810.130.920.940.760.940.940.880.90.930.390.95-0.140.880.79-0.36
0.950.560.840.860.80.620.820.930.330.850.090.950.920.640.940.920.880.810.850.140.95-0.160.950.7-0.39
-0.070.230.0-0.04-0.450.21-0.57-0.47-0.13-0.130.55-0.11-0.010.02-0.23-0.110.130.050.05-0.28-0.14-0.16-0.310.270.37
0.890.360.680.830.830.50.860.910.420.73-0.120.870.870.590.910.90.720.770.810.120.880.95-0.310.58-0.37
0.820.550.660.840.370.640.390.450.440.580.410.690.820.70.630.790.740.840.850.320.790.70.270.580.03
-0.230.09-0.18-0.22-0.58-0.18-0.62-0.55-0.19-0.180.13-0.22-0.22-0.15-0.57-0.26-0.22-0.32-0.31-0.36-0.36-0.390.37-0.370.03
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Holike Account Relationship Matchups

Holike fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B5.2B5.5B4.4B4.6B2.8B
Other Current Liab205.5M792.0M868.2M17.4M29.7M28.3M
Total Current Liabilities560.7M1.7B1.9B534.7M641.4M627.9M
Total Stockholder Equity2.5B2.6B2.6B3.0B3.1B1.8B
Other Liab30.2M45.2M53.0M81.6M93.9M98.6M
Cash507.0M644.3M530.6M249.7M480.7M404.5M
Other Assets70.6M92.2M96.5M260.8M299.9M314.9M
Net Receivables36.2M154.4M188.4M146.2M167.0M175.4M
Short Term Investments1.0B200.1M601.0M820.6M1.3B774.4M
Inventory133.7M629.4M786.8M234.4M239.1M197.6M
Other Current Assets80.5M114.7M77.2M20.9M23.4M22.3M
Total Liab1.1B2.3B2.7B1.3B1.5B936.7M
Intangible Assets169.7M202.7M202.1M206.7M196.0M113.9M
Common Stock320.1M309.6M311.3M311.3M358.0M245.8M
Property Plant Equipment1.2B1.6B2.0B2.0B2.3B2.4B
Retained Earnings1.4B1.6B1.6B1.9B1.9B1.1B
Accounts Payable292.7M677.6M557.0M248.9M244.4M259.3M
Net Tangible Assets2.2B2.4B1.9B2.0B2.3B2.0B
Deferred Long Term Liab28.7M37.3M30.4M30.8M35.4M26.4M
Total Current Assets1.8B2.3B2.6B1.9B2.2B1.9B
Non Current Assets Total1.9B2.8B2.9B2.5B2.3B2.1B
Non Currrent Assets Other40.3M32.3M8.8M4.0M4.4M4.2M
Non Current Liabilities Total575.2M600.1M751.6M803.5M813.1M493.6M
Common Stock Shares Outstanding309.6M311.3M311.3M311.3M311.3M250.6M
Net Invested Capital3.1B3.2B3.6B3.6B3.7B3.4B
Net Working Capital1.2B617.8M677.1M1.4B1.6B1.2B
Capital Stock309.6M311.3M311.3M311.3M311.3M250.0M

Currently Active Assets on Macroaxis

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.