Hannan Book Value Per Share vs Average Payables Analysis

HAN Stock

CAD 0.49 0.02 3.92%

Hannan Metals financial indicator trend analysis is much more than just examining Hannan Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannan Metals is a good investment. Please check the relationship between Hannan Metals Book Value Per Share and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannan Metals Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Hannan Metals' Book Value Per Share and Average Payables is -0.03. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Hannan Metals, assuming nothing else is changed. The correlation between historical values of Hannan Metals' Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Hannan Metals are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., Hannan Metals' Book Value Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Hannan Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannan Metals 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 Hannan Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Hannan Metals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 20.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 65.7 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	898.2K	1.6M	1.9M	1.1M
Depreciation And Amortization	6.5K	4.5K	5.2K	4.9K

Other Operating Expenses Depreciation And Amortization

Hannan Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		-0.45	0.97	0.97	-0.86	0.69	0.46	0.91	0.97	0.0	0.84	-0.11	0.91	0.48	0.87	-0.37	-0.53	0.91	-0.47	-0.37	-0.47	0.32	0.89	0.25	-0.63	0.84
Total Current Liabilities	-0.45		-0.63	-0.53	0.67	-0.59	0.49	-0.35	-0.54	-0.15	-0.37	-0.17	-0.44	-0.72	-0.36	0.38	0.99	-0.37	0.81	0.7	0.82	-0.92	-0.44	0.13	0.55	-0.36
Total Stockholder Equity	0.97	-0.63		0.96	-0.89	0.76	0.27	0.89	0.95	0.03	0.77	-0.04	0.86	0.58	0.8	-0.4	-0.7	0.89	-0.6	-0.49	-0.6	0.51	0.84	0.14	-0.69	0.77
Property Plant And Equipment Net	0.97	-0.53	0.96		-0.85	0.65	0.41	0.83	0.99	0.04	0.8	-0.26	0.92	0.6	0.86	-0.42	-0.58	0.82	-0.51	-0.4	-0.51	0.34	0.88	0.37	-0.59	0.86
Net Debt	-0.86	0.67	-0.89	-0.85		-0.65	-0.17	-0.75	-0.88	0.15	-0.87	-0.05	-0.87	-0.52	-0.84	0.22	0.74	-0.76	0.77	0.33	0.77	-0.51	-0.89	-0.12	0.6	-0.82
Retained Earnings	0.69	-0.59	0.76	0.65	-0.65		0.21	0.53	0.66	0.31	0.47	0.33	0.59	0.22	0.56	-0.44	-0.66	0.56	-0.6	-0.46	-0.59	0.46	0.61	-0.3	-0.99	0.48
Accounts Payable	0.46	0.49	0.27	0.41	-0.17	0.21		0.33	0.4	0.0	0.39	-0.28	0.46	-0.32	0.47	-0.01	0.41	0.32	0.21	0.4	0.23	-0.65	0.44	0.32	-0.24	0.49
Cash	0.91	-0.35	0.89	0.83	-0.75	0.53	0.33		0.81	-0.19	0.69	-0.01	0.71	0.38	0.66	-0.31	-0.43	1.0	-0.36	-0.31	-0.36	0.29	0.68	0.1	-0.44	0.6
Non Current Assets Total	0.97	-0.54	0.95	0.99	-0.88	0.66	0.4	0.81		0.02	0.85	-0.22	0.95	0.58	0.9	-0.43	-0.6	0.81	-0.53	-0.41	-0.52	0.35	0.92	0.36	-0.61	0.9
Non Currrent Assets Other	0.0	-0.15	0.03	0.04	0.15	0.31	0.0	-0.19	0.02		-0.27	0.0	-0.1	0.19	-0.12	-0.19	-0.08	-0.19	-0.08	-0.07	-0.13	0.16	-0.11	0.0	-0.36	-0.11
Cash And Short Term Investments	0.84	-0.37	0.77	0.8	-0.87	0.47	0.39	0.69	0.85	-0.27		-0.04	0.94	0.39	0.94	-0.3	-0.46	0.7	-0.39	-0.33	-0.39	0.25	0.97	0.31	-0.42	0.94
Net Receivables	-0.11	-0.17	-0.04	-0.26	-0.05	0.33	-0.28	-0.01	-0.22	0.0	-0.04		-0.23	-0.43	-0.18	-0.21	-0.21	0.05	-0.12	-0.21	-0.14	0.26	-0.1	-0.92	-0.32	-0.29
Common Stock Shares Outstanding	0.91	-0.44	0.86	0.92	-0.87	0.59	0.46	0.71	0.95	-0.1	0.94	-0.23		0.51	0.95	-0.33	-0.52	0.71	-0.46	-0.35	-0.45	0.27	0.98	0.42	-0.55	0.97
Inventory	0.48	-0.72	0.58	0.6	-0.52	0.22	-0.32	0.38	0.58	0.19	0.39	-0.43	0.51		0.44	-0.23	-0.69	0.36	-0.5	-0.57	-0.52	0.72	0.44	0.51	-0.17	0.47
Other Current Assets	0.87	-0.36	0.8	0.86	-0.84	0.56	0.47	0.66	0.9	-0.12	0.94	-0.18	0.95	0.44		-0.33	-0.45	0.66	-0.41	-0.31	-0.4	0.21	0.97	0.4	-0.53	0.96
Other Stockholder Equity	-0.37	0.38	-0.4	-0.42	0.22	-0.44	-0.01	-0.31	-0.43	-0.19	-0.3	-0.21	-0.33	-0.23	-0.33		0.35	-0.32	0.0	0.64	0.01	-0.25	-0.35	0.1	0.42	-0.26
Total Liab	-0.53	0.99	-0.7	-0.58	0.74	-0.66	0.41	-0.43	-0.6	-0.08	-0.46	-0.21	-0.52	-0.69	-0.45	0.35		-0.45	0.83	0.7	0.83	-0.91	-0.53	0.15	0.61	-0.43
Total Current Assets	0.91	-0.37	0.89	0.82	-0.76	0.56	0.32	1.0	0.81	-0.19	0.7	0.05	0.71	0.36	0.66	-0.32	-0.45		-0.37	-0.33	-0.38	0.31	0.68	0.05	-0.47	0.6
Short Long Term Debt Total	-0.47	0.81	-0.6	-0.51	0.77	-0.6	0.21	-0.36	-0.53	-0.08	-0.39	-0.12	-0.46	-0.5	-0.41	0.0	0.83	-0.37		0.19	1.0	-0.64	-0.47	0.1	0.56	-0.4
Other Current Liab	-0.37	0.7	-0.49	-0.4	0.33	-0.46	0.4	-0.31	-0.41	-0.07	-0.33	-0.21	-0.35	-0.57	-0.31	0.64	0.7	-0.33	0.19		0.19	-0.77	-0.36	0.13	0.42	-0.28
Short Term Debt	-0.47	0.82	-0.6	-0.51	0.77	-0.59	0.23	-0.36	-0.52	-0.13	-0.39	-0.14	-0.45	-0.52	-0.4	0.01	0.83	-0.38	1.0	0.19		-0.66	-0.46	0.1	0.55	-0.38
Current Deferred Revenue	0.32	-0.92	0.51	0.34	-0.51	0.46	-0.65	0.29	0.35	0.16	0.25	0.26	0.27	0.72	0.21	-0.25	-0.91	0.31	-0.64	-0.77	-0.66		0.28	-0.21	-0.41	0.18
Net Tangible Assets	0.89	-0.44	0.84	0.88	-0.89	0.61	0.44	0.68	0.92	-0.11	0.97	-0.1	0.98	0.44	0.97	-0.35	-0.53	0.68	-0.47	-0.36	-0.46	0.28		0.32	-0.58	0.98
Intangible Assets	0.25	0.13	0.14	0.37	-0.12	-0.3	0.32	0.1	0.36	0.0	0.31	-0.92	0.42	0.51	0.4	0.1	0.15	0.05	0.1	0.13	0.1	-0.21	0.32		0.3	0.5
Common Stock	-0.63	0.55	-0.69	-0.59	0.6	-0.99	-0.24	-0.44	-0.61	-0.36	-0.42	-0.32	-0.55	-0.17	-0.53	0.42	0.61	-0.47	0.56	0.42	0.55	-0.41	-0.58	0.3		-0.45
Property Plant Equipment	0.84	-0.36	0.77	0.86	-0.82	0.48	0.49	0.6	0.9	-0.11	0.94	-0.29	0.97	0.47	0.96	-0.26	-0.43	0.6	-0.4	-0.28	-0.38	0.18	0.98	0.5	-0.45

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Hannan Metals Account Relationship Matchups

Hannan Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	7.2M	8.3M	11.7M	6.9M	6.6M
Total Current Liabilities	469.5K	238.0K	283.5K	347.5K	325.2K	308.9K
Total Stockholder Equity	6.0M	7.0M	8.1M	11.4M	6.6M	4.4M
Property Plant And Equipment Net	4.7M	5.4M	5.9M	8.3M	5.8M	4.8M
Net Debt	(1.5M)	(1.8M)	(2.4M)	(3.3M)	(3.0M)	(2.8M)
Retained Earnings	(8.8M)	(10.3M)	(11.2M)	(12.9M)	(18.6M)	(19.6M)
Accounts Payable	234.6K	238.0K	283.5K	347.5K	325.2K	247.1K
Cash	1.7M	1.8M	2.4M	3.3M	945.4K	949.8K
Non Current Assets Total	4.7M	5.4M	5.9M	8.3M	5.8M	6.1M
Cash And Short Term Investments	1.7M	1.8M	2.4M	3.3M	3.8M	4.0M
Net Receivables	9.2K	16.2K	6.7K	23.7K	21.3K	21.4K
Common Stock Shares Outstanding	60.1M	80.9M	91.4M	99.6M	109.6M	115.0M
Liabilities And Stockholders Equity	6.5M	7.2M	8.3M	11.7M	13.5M	14.1M
Other Current Assets	85.9K	72.3K	56.7K	97.8K	112.5K	118.1K
Other Stockholder Equity	4.3M	4.3M	4.3M	5.0M	4.5M	4.2M
Total Liab	469.5K	238.0K	283.5K	347.5K	325.2K	308.9K
Total Current Assets	1.8M	1.9M	2.4M	3.4M	1.1M	1.0M
Other Current Liab	20K	51.1K	49.9K	33.2K	29.9K	28.4K
Accumulated Other Comprehensive Income	4.3M	4.3M	4.3M	5.0M	5.7M	3.8M
Net Tangible Assets	6.0M	7.0M	8.1M	11.4M	13.1M	13.7M
Common Stock	10.5M	13.0M	15.0M	19.3M	17.4M	19.6M
Property Plant Equipment	4.7M	5.4M	5.9M	8.3M	9.5M	10.0M
Net Invested Capital	6.2M	7.0M	8.1M	11.4M	6.6M	6.7M
Net Working Capital	1.3M	1.7M	2.2M	3.1M	737.9K	1.2M
Capital Stock	10.5M	13.0M	15.0M	19.3M	19.4M	15.6M

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