Hong Operating Income vs Depreciation And Amortization Analysis

HKLB Stock   7.41  0.00  0.00%   
Hong Kong financial indicator trend analysis is much more than just examining Hong Kong Land latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hong Kong Land is a good investment. Please check the relationship between Hong Kong Operating Income and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. 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.

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hong Kong Land Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hong Kong's Operating Income and Depreciation And Amortization is -0.63. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Hong Kong Land, assuming nothing else is changed. The correlation between historical values of Hong Kong's Operating Income and Depreciation And Amortization 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 Hong Kong Land are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Hong Kong's Operating Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Hong Kong Land 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 Hong Kong Land 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Hong Kong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hong Kong Land 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 Hong Kong Land. 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.
Selling General Administrative is likely to gain to about 232.7 M in 2024. Tax Provision is likely to gain to about 208.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense202.5M234.9M243.3M255.5M
Depreciation And Amortization16.3M17.5M16.5M17.3M

Hong Kong fundamental ratios Correlations

-0.420.840.990.771.00.94-0.130.61-0.53-0.430.740.830.670.560.410.410.630.640.770.30.630.390.750.590.22
-0.42-0.58-0.31-0.5-0.41-0.450.0-0.770.130.3-0.74-0.46-0.76-0.73-0.14-0.14-0.4-0.09-0.63-0.02-0.22-0.25-0.250.01-0.21
0.84-0.580.760.750.820.71-0.190.75-0.33-0.320.90.860.830.750.340.340.840.50.940.10.410.610.610.550.04
0.99-0.310.760.720.990.95-0.10.48-0.55-0.460.620.80.540.440.430.430.560.650.690.360.650.330.740.550.27
0.77-0.50.750.720.790.67-0.370.71-0.44-0.050.770.520.730.660.30.30.680.320.64-0.250.530.220.940.77-0.22
1.0-0.410.820.990.790.94-0.140.6-0.54-0.410.720.790.660.560.380.380.630.620.740.290.640.350.770.610.22
0.94-0.450.710.950.670.940.050.46-0.57-0.640.580.760.520.410.430.430.490.540.650.460.670.230.680.340.45
-0.130.0-0.19-0.1-0.37-0.140.05-0.230.01-0.52-0.23-0.1-0.18-0.17-0.01-0.01-0.25-0.6-0.160.78-0.04-0.47-0.4-0.440.84
0.61-0.770.750.480.710.60.46-0.23-0.22-0.050.970.570.980.950.110.110.580.240.74-0.140.280.450.460.48-0.08
-0.530.13-0.33-0.55-0.44-0.54-0.570.01-0.220.32-0.28-0.4-0.27-0.15-0.51-0.51-0.37-0.3-0.22-0.24-0.980.17-0.46-0.25-0.18
-0.430.3-0.32-0.46-0.05-0.41-0.64-0.52-0.050.32-0.16-0.56-0.110.0-0.44-0.44-0.09-0.09-0.35-0.71-0.34-0.12-0.090.34-0.8
0.74-0.740.90.620.770.720.58-0.230.97-0.28-0.160.720.980.930.210.210.720.360.87-0.050.350.540.550.54-0.04
0.83-0.460.860.80.520.790.76-0.10.57-0.4-0.560.720.610.460.620.620.540.630.890.340.460.680.460.30.24
0.67-0.760.830.540.730.660.52-0.180.98-0.27-0.110.980.610.970.120.120.710.260.78-0.060.340.430.490.5-0.02
0.56-0.730.750.440.660.560.41-0.170.95-0.150.00.930.460.97-0.13-0.130.680.20.7-0.110.220.390.390.47-0.05
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.41-0.140.340.430.30.380.43-0.010.11-0.51-0.440.210.620.12-0.131.00.130.260.330.190.480.150.380.120.13
0.63-0.40.840.560.680.630.49-0.250.58-0.37-0.090.720.540.710.680.130.130.360.67-0.060.440.330.540.56-0.13
0.64-0.090.50.650.320.620.54-0.60.24-0.3-0.090.360.630.260.20.260.260.360.490.030.380.610.360.3-0.15
0.77-0.630.940.690.640.740.65-0.160.74-0.22-0.350.870.890.780.70.330.330.670.490.140.30.730.480.40.09
0.3-0.020.10.36-0.250.290.460.78-0.14-0.24-0.71-0.050.34-0.06-0.110.190.19-0.060.030.140.25-0.13-0.24-0.330.93
0.63-0.220.410.650.530.640.67-0.040.28-0.98-0.340.350.460.340.220.480.480.440.380.30.25-0.130.540.30.2
0.39-0.250.610.330.220.350.23-0.470.450.17-0.120.540.680.430.390.150.150.330.610.73-0.13-0.130.140.21-0.23
0.75-0.250.610.740.940.770.68-0.40.46-0.46-0.090.550.460.490.390.380.380.540.360.48-0.240.540.140.78-0.23
0.590.010.550.550.770.610.34-0.440.48-0.250.340.540.30.50.470.120.120.560.30.4-0.330.30.210.78-0.48
0.22-0.210.040.27-0.220.220.450.84-0.08-0.18-0.8-0.040.24-0.02-0.050.130.13-0.13-0.150.090.930.2-0.23-0.23-0.48
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Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.3B44.3B43.9B42.6B40.8B27.5B
Other Current Liab261M(1.6B)(2.2B)(1.7B)189.8M199.3M
Total Current Liabilities2.4B2.4B3.3B2.4B2.7B1.5B
Total Stockholder Equity38.2B35.7B34.6B33.3B32.0B21.7B
Property Plant And Equipment Net140M137.6M140.2M124.8M111.8M106.2M
Non Current Assets Total40.6B39.2B38.4B37.9B36.2B24.2B
Non Currrent Assets Other40.5B39.0B38.1B37.7B26.7B20.2B
Liabilities And Stockholders Equity45.3B44.3B43.9B42.6B40.8B27.5B
Non Current Liabilities Total4.5B6.1B6.0B6.9B6.1B4.2B
Other Current Assets(2.8B)(2.9B)546M368.6M392.9M412.5M
Total Liab7.0B8.5B9.2B9.3B8.8B5.8B
Total Current Assets4.6B5.0B5.5B4.7B4.6B3.3B
Short Long Term Debt Total5.0B6.6B6.6B7.0B6.6B4.1B
Net Debt3.6B4.6B5.1B5.8B5.4B2.7B
Cash1.4B2.0B1.5B1.2B1.2B1.4B
Cash And Short Term Investments1.4B2.0B1.5B1.2B1.2B1.4B
Short Term Debt715.3M689.5M865.3M419.1M781.6M436.7M
Accounts Payable1.5B1.6B2.2B1.7B1.7B1.1B
Net Receivables3.9B4.0B511.7M233.3M41.6M39.5M
Inventory2.0B1.9B3.0B2.9B2.9B2.6B
Retained Earnings38.0B34.9B34.0B33.4B32.3B35.2B
Other Assets33.3B30.2B28.7B28.2B40.8B32.2B
Other Liab226.5M227.7M257.6M276.3M317.7M226.2M
Net Tangible Assets38.2B35.7B34.6B33.3B38.3B36.5B
Long Term Debt4.0B4.1B4.3B5.9B6.8B4.6B
Property Plant Equipment140M137.6M140.2M124.8M143.5M98.8M
Accumulated Other Comprehensive Income37.8B35.2B34.3B33.1B31.7B37.3B
Short Term Investments2.7B2.8B3.4B2.9B3.3B2.4B

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