Anhui Total Current Assets vs Cash Analysis

688639 Stock

32.61 0.34 1.03%

Anhui Huaheng financial indicator trend analysis is way more than just evaluating Anhui Huaheng Biotec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huaheng Biotec is a good investment. Please check the relationship between Anhui Huaheng Total Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaheng Biotechnology. 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Huaheng Biotec Total Current Assets account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Anhui Huaheng's Total Current Assets and Cash is 0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Anhui Huaheng Biotechnology, assuming nothing else is changed. The correlation between historical values of Anhui Huaheng's Total Current Assets and 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 Total Current Assets of Anhui Huaheng Biotechnology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Anhui Huaheng's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Cash

Cash refers to the most liquid asset of Anhui Huaheng Biotec, which is listed under current asset account on Anhui Huaheng Biotechnology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anhui Huaheng customers. The amounts must be unrestricted with restricted cash listed in a different Anhui Huaheng account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Anhui Huaheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huaheng Biotec 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 Anhui Huaheng Biotechnology. 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 29, 2024, Tax Provision is expected to decline to about 31.7 M. In addition to that, Selling General Administrative is expected to decline to about 92.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	1.1M	540.2K	10.6M	11.2M
Interest Income	2.0M	2.4M	3.0M	1.8M

Interest Expense Interest Income

Anhui Huaheng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Term Investments	Long Term Debt
Total Assets		0.94	0.97	0.87	0.81	0.9	0.99	1.0	0.99	0.79	0.83	0.74	0.99	0.89	0.98	0.97	1.0	0.94	0.85	0.92	-0.6	0.84	0.98	0.88	-0.91	-0.89
Other Current Liab	0.94		0.99	0.69	0.63	0.76	0.97	0.97	0.98	0.58	0.61	0.53	0.98	0.78	0.99	0.99	0.94	1.0	0.64	0.83	-0.82	0.76	0.99	0.86	-0.78	-0.95
Total Current Liabilities	0.97	0.99		0.75	0.69	0.82	0.99	0.99	0.99	0.66	0.69	0.6	1.0	0.82	1.0	1.0	0.97	0.99	0.71	0.86	-0.77	0.81	1.0	0.88	-0.85	-0.94
Total Stockholder Equity	0.87	0.69	0.75		0.86	0.97	0.81	0.84	0.81	0.94	0.98	0.85	0.79	0.96	0.78	0.76	0.88	0.68	0.99	0.95	-0.21	0.85	0.78	0.86	-0.9	-0.57
Net Debt	0.81	0.63	0.69	0.86		0.84	0.76	0.78	0.75	0.71	0.89	0.99	0.75	0.75	0.75	0.71	0.81	0.62	0.88	0.78	-0.17	0.63	0.71	0.67	-0.74	-0.61
Retained Earnings	0.9	0.76	0.82	0.97	0.84		0.86	0.87	0.86	0.91	0.94	0.81	0.85	0.98	0.84	0.82	0.9	0.76	0.94	0.97	-0.38	0.93	0.84	0.94	-0.93	-0.61
Accounts Payable	0.99	0.97	0.99	0.81	0.76	0.86		0.99	1.0	0.73	0.76	0.67	1.0	0.86	0.99	0.99	0.99	0.97	0.77	0.89	-0.7	0.84	1.0	0.89	-0.89	-0.93
Cash	1.0	0.97	0.99	0.84	0.78	0.87	0.99		1.0	0.75	0.78	0.7	0.99	0.87	0.99	0.99	1.0	0.96	0.81	0.91	-0.65	0.82	0.99	0.89	-0.88	-0.92
Non Current Assets Total	0.99	0.98	0.99	0.81	0.75	0.86	1.0	1.0		0.73	0.76	0.67	1.0	0.86	0.99	1.0	0.99	0.97	0.77	0.89	-0.7	0.84	1.0	0.89	-0.89	-0.93
Non Currrent Assets Other	0.79	0.58	0.66	0.94	0.71	0.91	0.73	0.75	0.73		0.95	0.69	0.69	0.9	0.67	0.67	0.79	0.58	0.92	0.85	-0.14	0.88	0.7	0.79	-0.92	-0.48
Net Receivables	0.83	0.61	0.69	0.98	0.89	0.94	0.76	0.78	0.76	0.95		0.89	0.74	0.9	0.72	0.7	0.83	0.6	0.98	0.88	-0.11	0.82	0.72	0.78	-0.89	-0.52
Common Stock Shares Outstanding	0.74	0.53	0.6	0.85	0.99	0.81	0.67	0.7	0.67	0.69	0.89		0.67	0.72	0.67	0.62	0.74	0.52	0.87	0.74	-0.06	0.59	0.63	0.62	-0.7	-0.5
Non Current Liabilities Total	0.99	0.98	1.0	0.79	0.75	0.85	1.0	0.99	1.0	0.69	0.74	0.67		0.84	1.0	1.0	0.98	0.98	0.76	0.88	-0.72	0.81	1.0	0.88	-0.86	-0.93
Inventory	0.89	0.78	0.82	0.96	0.75	0.98	0.86	0.87	0.86	0.9	0.9	0.72	0.84		0.84	0.83	0.89	0.77	0.93	0.99	-0.41	0.92	0.84	0.96	-0.9	-0.61
Other Current Assets	0.98	0.99	1.0	0.78	0.75	0.84	0.99	0.99	0.99	0.67	0.72	0.67	1.0	0.84		1.0	0.98	0.98	0.75	0.88	-0.72	0.79	0.99	0.88	-0.84	-0.94
Total Liab	0.97	0.99	1.0	0.76	0.71	0.82	0.99	0.99	1.0	0.67	0.7	0.62	1.0	0.83	1.0		0.97	0.99	0.72	0.87	-0.76	0.81	1.0	0.88	-0.85	-0.94
Net Invested Capital	1.0	0.94	0.97	0.88	0.81	0.9	0.99	1.0	0.99	0.79	0.83	0.74	0.98	0.89	0.98	0.97		0.93	0.85	0.92	-0.59	0.83	0.98	0.88	-0.9	-0.89
Short Long Term Debt	0.94	1.0	0.99	0.68	0.62	0.76	0.97	0.96	0.97	0.58	0.6	0.52	0.98	0.77	0.98	0.99	0.93		0.63	0.82	-0.83	0.76	0.98	0.86	-0.79	-0.95
Total Current Assets	0.85	0.64	0.71	0.99	0.88	0.94	0.77	0.81	0.77	0.92	0.98	0.87	0.76	0.93	0.75	0.72	0.85	0.63		0.93	-0.13	0.77	0.74	0.81	-0.84	-0.54
Capital Stock	0.92	0.83	0.86	0.95	0.78	0.97	0.89	0.91	0.89	0.85	0.88	0.74	0.88	0.99	0.88	0.87	0.92	0.82	0.93		-0.45	0.88	0.87	0.96	-0.87	-0.67
Net Working Capital	-0.6	-0.82	-0.77	-0.21	-0.17	-0.38	-0.7	-0.65	-0.7	-0.14	-0.11	-0.06	-0.72	-0.41	-0.72	-0.76	-0.59	-0.83	-0.13	-0.45		-0.53	-0.74	-0.62	0.47	0.77
Intangible Assets	0.84	0.76	0.81	0.85	0.63	0.93	0.84	0.82	0.84	0.88	0.82	0.59	0.81	0.92	0.79	0.81	0.83	0.76	0.77	0.88	-0.53		0.83	0.93	-0.97	-0.6
Property Plant And Equipment Net	0.98	0.99	1.0	0.78	0.71	0.84	1.0	0.99	1.0	0.7	0.72	0.63	1.0	0.84	0.99	1.0	0.98	0.98	0.74	0.87	-0.74	0.83		0.89	-0.87	-0.94
Property Plant And Equipment Gross	0.88	0.86	0.88	0.86	0.67	0.94	0.89	0.89	0.89	0.79	0.78	0.62	0.88	0.96	0.88	0.88	0.88	0.86	0.81	0.96	-0.62	0.93	0.89		-0.88	-0.67
Short Term Investments	-0.91	-0.78	-0.85	-0.9	-0.74	-0.93	-0.89	-0.88	-0.89	-0.92	-0.89	-0.7	-0.86	-0.9	-0.84	-0.85	-0.9	-0.79	-0.84	-0.87	0.47	-0.97	-0.87	-0.88		0.7
Long Term Debt	-0.89	-0.95	-0.94	-0.57	-0.61	-0.61	-0.93	-0.92	-0.93	-0.48	-0.52	-0.5	-0.93	-0.61	-0.94	-0.94	-0.89	-0.95	-0.54	-0.67	0.77	-0.6	-0.94	-0.67	0.7

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Anhui Huaheng Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Anhui Stock

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

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Anhui Total Current Assets vs Cash Analysis

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

Correlation Coefficient

Total Current Assets

Cash

Anhui Huaheng fundamental ratios Correlations

Anhui Huaheng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

COMMON DESTINATIONS

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Cash	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Short Long Term Debt	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Other Current Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Short Term Investments	- 0.97	Intangible Assets
Long Term Debt	- 0.95	Short Long Term Debt
Long Term Debt	- 0.95	Other Current Liab
Long Term Debt	- 0.94	Property Plant And Equipment Net
Long Term Debt	- 0.94	Total Liab
Long Term Debt	- 0.94	Other Current Assets