Hansa Net Debt vs Non Currrent Assets Other 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 Net Debt and its Non Currrent Assets Other 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.
Net Debt vs Non Currrent Assets Other
Net Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Trust Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hansa Trust's Net Debt and Non Currrent Assets Other is 0.33. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other 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 Net Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hansa Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Hansa Trust's Net Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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
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Hansa Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hansa Trust fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 276.8M | 371.5M | 383.2M | 367.4M | 455.0M | 302.6M | |
Other Current Liab | (3.7M) | (3.6M) | (368K) | (412K) | 421K | 442.1K | |
Total Current Liabilities | 3.7M | 3.6M | 368K | 412K | 421K | 400.0K | |
Total Stockholder Equity | 276.3M | 367.9M | 382.9M | 367.0M | 454.5M | 298.7M | |
Net Debt | 2.1M | 346K | (3.0M) | (14.0M) | (4.4M) | (4.6M) | |
Accounts Payable | 694K | 534K | 388K | 412K | 421K | 400.0K | |
Cash | 1.1M | 2.8M | 3.0M | 14.0M | 4.4M | 4.7M | |
Non Current Assets Total | 276.4M | 368.4M | 380.0M | 353.3M | 449.2M | 296.5M | |
Non Currrent Assets Other | 3.2M | (368.4M) | (380.0M) | (353.3M) | (449.2M) | (426.7M) | |
Cash And Short Term Investments | 1.1M | 2.8M | 3.0M | 14.0M | 4.4M | 4.7M | |
Liabilities And Stockholders Equity | 276.8M | 371.5M | 383.2M | 367.4M | 455.0M | 302.6M | |
Other Stockholder Equity | 327.9M | 326.0M | 324.8M | 323.8M | 322.8M | 339.0M | |
Total Liab | 534K | 3.6M | 368K | 412K | 421K | 400.0K | |
Total Current Assets | 3.6M | 3.0M | 3.2M | 14.1M | 5.8M | 6.2M | |
Retained Earnings | (52.8M) | 40.7M | 56.9M | 42.0M | 130.5M | 153.2M | |
Other Current Assets | 2.5M | 177K | 201K | 128K | 1.5M | 1.5M | |
Net Tangible Assets | 276.3M | 367.9M | 382.9M | 367.0M | 422.0M | 353.3M | |
Other Assets | (3.2M) | 83K | 177K | 201K | 110K | 104.5K | |
Long Term Investments | 276.4M | 368.4M | 380.0M | 353.3M | 449.2M | 362.3M |
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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.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.