Hangzhou Depreciation vs Begin Period Cash Flow Analysis
| 605377 Stock | 12.64 0.15 1.20% |
Hangzhou Huawang financial indicator trend analysis is much more than just examining Hangzhou Huawang New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Huawang New is a good investment. Please check the relationship between Hangzhou Huawang Depreciation and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Huawang New. 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.
Depreciation vs Begin Period Cash Flow
Depreciation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Huawang New Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hangzhou Huawang's Depreciation and Begin Period Cash Flow is 0.97. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Hangzhou Huawang New, assuming nothing else is changed. The correlation between historical values of Hangzhou Huawang's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Hangzhou Huawang New are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Hangzhou Huawang's Depreciation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Hangzhou Huawang New value has been used up. For tax purposes Hangzhou Huawang can deduct the cost of the tangible assets it purchases as business expenses. However, Hangzhou Huawang New 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.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Hangzhou Huawang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Huawang New 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 Hangzhou Huawang New. 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 November 30, 2024, Tax Provision is expected to decline to about 61.6 M. In addition to that, Selling General Administrative is expected to decline to about 41.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.2M | 4.8M | 7.2M | 6.6M | Interest Income | 9.4M | 48.3M | 70.9M | 74.4M |
Hangzhou Huawang fundamental ratios Correlations
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Hangzhou Huawang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Hangzhou Stock
Balance Sheet is a snapshot of the financial position of Hangzhou Huawang New at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Huawang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Huawang 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 Hangzhou currently owns. An asset can also be divided into two categories, current and non-current.