Hansa Total Current Assets vs Common Stock Total Equity 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 Total Current Assets and its Common Stock Total Equity 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.
Total Current Assets vs Common Stock Total Equity
Total Current Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Trust Total Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hansa Trust's Total Current Assets and Common Stock Total Equity is -0.01. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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 Total Current Assets and Common Stock Total Equity 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 Hansa Trust are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Hansa Trust's Total Current Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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.