Hangzhou Total Current Assets vs Other Current Liab Analysis

688109 Stock   27.92  0.63  2.21%   
Hangzhou Pinming financial indicator trend analysis is much more than just examining Hangzhou Pinming Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Pinming Software is a good investment. Please check the relationship between Hangzhou Pinming Total Current Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Pinming Software. 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 Other Current Liab

Total Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Pinming Software Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Hangzhou Pinming's Total Current Assets and Other Current Liab is -0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Hangzhou Pinming Software, assuming nothing else is changed. The correlation between historical values of Hangzhou Pinming's Total Current Assets and Other Current Liab 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 Hangzhou Pinming Software are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., Hangzhou Pinming's Total Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Other Current Liab

Most indicators from Hangzhou Pinming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Pinming Software 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 Pinming Software. 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.
The current year's Tax Provision is expected to grow to about (1.4 M). In addition to that, Selling General Administrative is expected to decline to about 162.7 M
 2021 2022 2023 2024 (projected)
Interest Expense913.8K768.3K561.0K535.2K
Interest Income5.1M2.6M1.8M2.2M

Hangzhou Pinming fundamental ratios Correlations

-0.890.961.00.40.980.340.920.90.92-0.480.970.960.870.941.01.00.841.00.95-0.490.59-0.870.860.87
-0.89-0.97-0.88-0.55-0.89-0.25-0.99-0.76-0.810.53-0.94-0.91-0.71-0.99-0.88-0.88-0.75-0.87-0.850.53-0.530.79-0.77-0.75
0.96-0.970.940.390.970.350.970.790.93-0.570.990.960.731.00.950.950.860.940.94-0.630.6-0.90.80.79
1.0-0.880.940.390.980.340.910.90.91-0.470.960.950.880.931.01.00.831.00.95-0.480.59-0.860.860.87
0.4-0.550.390.390.280.060.60.440.080.120.390.30.620.460.390.390.110.380.260.36-0.190.010.350.47
0.98-0.890.970.980.280.380.90.830.97-0.520.980.960.780.950.980.980.890.980.98-0.610.64-0.940.80.82
0.34-0.250.350.340.060.380.26-0.040.39-0.560.440.130.380.320.340.350.720.340.56-0.43-0.34-0.490.380.63
0.92-0.990.970.910.60.90.260.810.81-0.480.950.920.780.990.910.910.740.90.86-0.460.5-0.770.790.79
0.9-0.760.790.90.440.83-0.040.810.72-0.250.780.90.850.790.90.90.520.90.72-0.220.67-0.620.810.72
0.92-0.810.930.910.080.970.390.810.72-0.550.940.920.620.890.910.920.920.910.96-0.730.7-0.980.70.7
-0.480.53-0.57-0.470.12-0.52-0.56-0.48-0.25-0.55-0.56-0.48-0.32-0.55-0.47-0.48-0.67-0.47-0.570.86-0.220.69-0.72-0.62
0.97-0.940.990.960.390.980.440.950.780.94-0.560.940.770.980.960.960.90.960.97-0.610.54-0.910.80.84
0.96-0.910.960.950.30.960.130.920.90.92-0.480.940.730.950.950.960.750.950.88-0.570.77-0.870.80.72
0.87-0.710.730.880.620.780.380.780.850.62-0.320.770.730.740.880.870.620.880.76-0.110.23-0.560.860.93
0.94-0.991.00.930.460.950.320.990.790.89-0.550.980.950.740.930.940.820.930.92-0.580.57-0.860.80.79
1.0-0.880.951.00.390.980.340.910.90.91-0.470.960.950.880.931.00.831.00.95-0.480.59-0.860.860.87
1.0-0.880.951.00.390.980.350.910.90.92-0.480.960.960.870.941.00.841.00.95-0.490.59-0.870.860.87
0.84-0.750.860.830.110.890.720.740.520.92-0.670.90.750.620.820.830.840.830.96-0.740.38-0.950.70.8
1.0-0.870.941.00.380.980.340.90.90.91-0.470.960.950.880.931.01.00.830.94-0.480.59-0.860.860.87
0.95-0.850.940.950.260.980.560.860.720.96-0.570.970.880.760.920.950.950.960.94-0.640.5-0.950.770.85
-0.490.53-0.63-0.480.36-0.61-0.43-0.46-0.22-0.730.86-0.61-0.57-0.11-0.58-0.48-0.49-0.74-0.48-0.64-0.520.83-0.5-0.4
0.59-0.530.60.59-0.190.64-0.340.50.670.7-0.220.540.770.230.570.590.590.380.590.5-0.52-0.640.390.17
-0.870.79-0.9-0.860.01-0.94-0.49-0.77-0.62-0.980.69-0.91-0.87-0.56-0.86-0.86-0.87-0.95-0.86-0.950.83-0.64-0.72-0.71
0.86-0.770.80.860.350.80.380.790.810.7-0.720.80.80.860.80.860.860.70.860.77-0.50.39-0.720.93
0.87-0.750.790.870.470.820.630.790.720.7-0.620.840.720.930.790.870.870.80.870.85-0.40.17-0.710.93
Click cells to compare fundamentals

Hangzhou Pinming Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Hangzhou Stock

Balance Sheet is a snapshot of the financial position of Hangzhou Pinming Software at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Pinming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Pinming 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.