Hanmi Operating Income vs Income Tax Expense Analysis
HAFC Stock | USD 26.45 0.30 1.12% |
Hanmi Financial financial indicator trend analysis is much more than just examining Hanmi Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanmi Financial is a good investment. Please check the relationship between Hanmi Financial Operating Income and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanmi Financial Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hanmi Financial's Operating Income and Income Tax Expense is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hanmi Financial, assuming nothing else is changed. The correlation between historical values of Hanmi Financial's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Hanmi Financial are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Hanmi Financial's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Hanmi Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hanmi Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Tax Expense
Most indicators from Hanmi Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanmi Financial 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.The current year's Enterprise Value is expected to grow to about 459.6 M, whereas Selling General Administrative is forecasted to decline to about 53.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 21.6M | 36.2M | 148.1M | 155.5M | Depreciation And Amortization | 4.6M | 15.1M | 9.2M | 6.7M |
Hanmi Financial fundamental ratios Correlations
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Hanmi Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hanmi Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 6.2B | 6.9B | 7.4B | 7.6B | 4.2B | |
Other Current Liab | (11.2M) | (47.3M) | (95.2M) | (7.8M) | 2.7B | 2.8B | |
Total Current Liabilities | 11.2M | 4.6M | 1.2M | 7.8M | 3.0B | 3.1B | |
Total Stockholder Equity | 563.3M | 577.0M | 643.4M | 637.5M | 701.9M | 421.4M | |
Property Plant And Equipment Net | 26.1M | 26.4M | 24.8M | 22.9M | 64.4M | 67.6M | |
Net Debt | 86.7M | (122.9M) | (256.5M) | 427.0M | 152.7M | 160.3M | |
Retained Earnings | 100.6M | 114.6M | 196.8M | 269.5M | 319.0M | 335.0M | |
Accounts Payable | 11.2M | 4.6M | 1.2M | 7.8M | 39.3M | 41.3M | |
Cash | 121.7M | 391.8M | 609.0M | 352.4M | 302.3M | 196.2M | |
Non Current Assets Total | 672.4M | 791.8M | 947.0M | 887.9M | 7.3B | 7.6B | |
Non Currrent Assets Other | (36.8M) | (791.8M) | (947.0M) | (887.9M) | 6.3B | 6.6B | |
Other Assets | 3.6B | 3.8B | 3.9B | 4.7B | (1.9B) | (1.8B) | |
Cash And Short Term Investments | 756.2M | 1.1B | 1.5B | 1.2B | 1.2B | 1.2B | |
Net Receivables | 495.6M | 439.6M | 499.3M | 613.3M | 627.1M | 658.5M | |
Common Stock Shares Outstanding | 30.8M | 30.3M | 30.5M | 30.4M | 30.3M | 20.7M | |
Liabilities And Stockholders Equity | 5.5B | 6.2B | 6.9B | 7.4B | 7.6B | 4.2B | |
Other Stockholder Equity | 459.3M | 459.3M | 455.0M | 456.9M | 454.7M | 383.6M | |
Total Liab | 5.0B | 5.6B | 6.2B | 6.7B | 6.9B | 4.4B | |
Property Plant And Equipment Gross | 26.1M | 26.4M | 67.8M | 68.1M | 66.9M | 70.3M | |
Total Current Assets | 1.3B | 1.6B | 2.0B | 1.8B | 2.2B | 2.7B | |
Accumulated Other Comprehensive Income | 3.4M | 3.1M | (8.4M) | (89.0M) | (71.9M) | (68.3M) | |
Short Long Term Debt Total | 208.4M | 269.0M | 352.5M | 779.4M | 455.0M | 255.6M | |
Short Term Investments | 634.5M | 753.8M | 910.8M | 853.8M | 865.7M | 515.1M | |
Inventory | (133.5M) | (454.6M) | (665.7M) | (423.3M) | (5.8B) | (5.5B) | |
Other Current Assets | 133.5M | 454.6M | 665.7M | 423.3M | 361.7M | 343.6M | |
Intangible Assets | 842K | 581K | 364K | 194K | 68K | 64.6K | |
Property Plant Equipment | 26.1M | 26.4M | 71.1M | 63.3M | 72.7M | 76.4M | |
Long Term Debt | 118.4M | 119.0M | 352.5M | 479.4M | 205.0M | 158.8M | |
Non Current Liabilities Total | 208.4M | 269.0M | 352.5M | 7.8M | 6.8B | 7.2B | |
Treasury Stock | (108.6M) | (116.5M) | (119.0M) | (125.8M) | (113.2M) | (118.8M) | |
Short Term Debt | 46.4M | 57.5M | 50M | 300M | 250M | 262.5M | |
Net Tangible Assets | 551.4M | 565.4M | 632.0M | 626.3M | 720.2M | 548.9M | |
Retained Earnings Total Equity | 97.5M | 100.6M | 114.6M | 196.8M | 226.3M | 237.6M | |
Long Term Debt Total | 117.8M | 118.4M | 119.0M | 215.0M | 247.3M | 259.6M | |
Capital Surpluse | 569.7M | 575.8M | 578.4M | 580.8M | 667.9M | 619.8M | |
Long Term Investments | 5.2B | 762.3M | 910.8M | 853.8M | 865.7M | 822.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Hanmi Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanmi Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanmi Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanmi Financial Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanmi Financial. If investors know Hanmi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanmi Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 1 | Earnings Share 2.08 | Revenue Per Share 7.737 | Quarterly Revenue Growth (0.08) |
The market value of Hanmi Financial is measured differently than its book value, which is the value of Hanmi that is recorded on the company's balance sheet. Investors also form their own opinion of Hanmi Financial's value that differs from its market value or its book value, called intrinsic value, which is Hanmi Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanmi Financial's market value can be influenced by many factors that don't directly affect Hanmi Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanmi Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanmi Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanmi Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.