Hangzhou Other Non Cash Items vs Change In Cash 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 Other Non Cash Items and its Change In Cash 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.
Other Non Cash Items vs Change In Cash
Other Non Cash Items vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Huawang New Other Non Cash Items account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hangzhou Huawang's Other Non Cash Items and Change In Cash is -0.36. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Cash 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 Other Non Cash Items and Change In Cash 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 Non Cash Items of Hangzhou Huawang New are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Other Non Cash Items i.e., Hangzhou Huawang's Other Non Cash Items and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Change In Cash
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.