Hansa Common Stock vs Non Current Assets Total Analysis

HAN Stock   226.00  2.00  0.88%   
Hansa Trust financial indicator trend analysis is much more than just examining Hansa Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hansa Trust is a good investment. Please check the relationship between Hansa Trust Common Stock and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hansa Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Trust Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hansa Trust's Common Stock and Non Current Assets Total is -0.23. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Hansa Trust, assuming nothing else is changed. The correlation between historical values of Hansa Trust's Common Stock and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hansa Trust are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Hansa Trust's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Hansa Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hansa Trust 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 Hansa Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Tax Provision is expected to grow to about 247.5 K, whereas Selling General Administrative is forecasted to decline to about 1.1 M.

Hansa Trust fundamental ratios Correlations

0.010.26-0.20.0-0.04-0.150.010.01-0.330.01-0.02-0.890.28-0.170.0-0.89-0.09-0.03-0.03-0.270.320.060.350.21-0.06
0.010.5-0.231.0-0.25-0.640.271.0-0.720.27-0.04-0.230.28-0.20.18-0.23-0.27-0.090.2-0.650.730.070.190.810.12
0.260.5-0.230.49-0.52-0.620.430.47-0.640.430.07-0.35-0.34-0.130.38-0.350.380.14-0.52-0.110.64-0.15-0.390.420.4
-0.2-0.23-0.23-0.27-0.230.110.28-0.260.290.280.120.26-0.170.960.280.260.140.12-0.160.26-0.24-0.03-0.22-0.41-0.04
0.01.00.49-0.27-0.23-0.640.251.0-0.720.25-0.04-0.230.28-0.230.16-0.23-0.28-0.090.21-0.660.730.070.190.820.12
-0.04-0.25-0.52-0.23-0.230.47-0.98-0.180.33-0.98-0.440.070.0-0.3-0.890.07-0.05-0.350.270.17-0.360.460.23-0.130.09
-0.15-0.64-0.620.11-0.640.47-0.52-0.610.38-0.52-0.380.18-0.050.14-0.510.180.18-0.280.330.6-0.810.410.26-0.43-0.07
0.010.270.430.280.25-0.98-0.520.2-0.271.00.51-0.020.030.320.93-0.02-0.040.39-0.24-0.240.35-0.5-0.210.1-0.11
0.011.00.47-0.261.0-0.18-0.610.2-0.710.2-0.1-0.230.29-0.220.1-0.23-0.28-0.140.24-0.650.710.130.220.820.13
-0.33-0.72-0.640.29-0.720.330.38-0.27-0.71-0.270.110.47-0.110.1-0.140.47-0.130.150.010.29-0.53-0.11-0.11-0.74-0.11
0.010.270.430.280.25-0.98-0.521.00.2-0.270.51-0.020.030.320.93-0.02-0.040.39-0.24-0.240.35-0.5-0.210.1-0.11
-0.02-0.040.070.12-0.04-0.44-0.380.51-0.10.110.510.03-0.090.060.770.030.070.91-0.370.00.23-0.95-0.35-0.27-0.21
-0.89-0.23-0.350.26-0.230.070.18-0.02-0.230.47-0.020.03-0.380.22-0.011.00.140.04-0.140.36-0.57-0.08-0.47-0.440.1
0.280.28-0.34-0.170.280.0-0.050.030.29-0.110.03-0.09-0.38-0.23-0.07-0.38-0.82-0.250.78-0.710.230.140.840.43-0.65
-0.17-0.2-0.130.96-0.23-0.30.140.32-0.220.10.320.060.22-0.230.280.220.270.05-0.210.33-0.250.02-0.26-0.34-0.02
0.00.180.380.280.16-0.89-0.510.930.1-0.140.930.77-0.01-0.070.28-0.010.050.69-0.34-0.140.34-0.74-0.31-0.03-0.11
-0.89-0.23-0.350.26-0.230.070.18-0.02-0.230.47-0.020.031.0-0.380.22-0.010.140.04-0.140.36-0.57-0.08-0.47-0.440.1
-0.09-0.270.380.14-0.28-0.050.18-0.04-0.28-0.13-0.040.070.14-0.820.270.050.140.25-0.780.85-0.24-0.14-0.76-0.420.34
-0.03-0.090.140.12-0.09-0.35-0.280.39-0.140.150.390.910.04-0.250.050.690.040.25-0.450.160.16-0.9-0.43-0.3-0.07
-0.030.2-0.52-0.160.210.270.33-0.240.240.01-0.24-0.37-0.140.78-0.21-0.34-0.14-0.78-0.45-0.53-0.030.460.930.44-0.32
-0.27-0.65-0.110.26-0.660.170.6-0.24-0.650.29-0.240.00.36-0.710.33-0.140.360.850.16-0.53-0.65-0.05-0.59-0.720.16
0.320.730.64-0.240.73-0.36-0.810.350.71-0.530.350.23-0.570.23-0.250.34-0.57-0.240.16-0.03-0.65-0.220.080.670.04
0.060.07-0.15-0.030.070.460.41-0.50.13-0.11-0.5-0.95-0.080.140.02-0.74-0.08-0.14-0.90.46-0.05-0.220.450.310.23
0.350.19-0.39-0.220.190.230.26-0.210.22-0.11-0.21-0.35-0.470.84-0.26-0.31-0.47-0.76-0.430.93-0.590.080.450.49-0.32
0.210.810.42-0.410.82-0.13-0.430.10.82-0.740.1-0.27-0.440.43-0.34-0.03-0.44-0.42-0.30.44-0.720.670.310.490.11
-0.060.120.4-0.040.120.09-0.07-0.110.13-0.11-0.11-0.210.1-0.65-0.02-0.110.10.34-0.07-0.320.160.040.23-0.320.11
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Hansa Trust Account Relationship Matchups

Hansa Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.8M371.5M383.2M367.4M455.0M302.6M
Other Current Liab(3.7M)(3.6M)(368K)(412K)421K442.1K
Total Current Liabilities3.7M3.6M368K412K421K400.0K
Total Stockholder Equity276.3M367.9M382.9M367.0M454.5M298.7M
Net Debt2.1M346K(3.0M)(14.0M)(4.4M)(4.6M)
Accounts Payable694K534K388K412K421K400.0K
Cash1.1M2.8M3.0M14.0M4.4M4.7M
Non Current Assets Total276.4M368.4M380.0M353.3M449.2M296.5M
Non Currrent Assets Other3.2M(368.4M)(380.0M)(353.3M)(449.2M)(426.7M)
Cash And Short Term Investments1.1M2.8M3.0M14.0M4.4M4.7M
Liabilities And Stockholders Equity276.8M371.5M383.2M367.4M455.0M302.6M
Other Stockholder Equity327.9M326.0M324.8M323.8M322.8M339.0M
Total Liab534K3.6M368K412K421K400.0K
Total Current Assets3.6M3.0M3.2M14.1M5.8M6.2M
Retained Earnings(52.8M)40.7M56.9M42.0M130.5M153.2M
Other Current Assets2.5M177K201K128K1.5M1.5M
Net Tangible Assets276.3M367.9M382.9M367.0M422.0M353.3M
Other Assets(3.2M)83K177K201K110K104.5K
Long Term Investments276.4M368.4M380.0M353.3M449.2M362.3M

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Other Information on Investing in Hansa Stock

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