Hong Tax Provision vs Depreciation And Amortization Analysis

HKLB Stock   7.41  0.06  0.82%   
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 Tax Provision 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 producer price index.

Tax Provision vs Depreciation And Amortization

Tax Provision 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 Tax Provision account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hong Kong's Tax Provision and Depreciation And Amortization is -0.04. Overlapping area represents the amount of variation of Tax Provision 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 Tax Provision 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 Tax Provision 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 Tax Provision i.e., Hong Kong's Tax Provision and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 producer price index.
Selling General Administrative is likely to gain to about 219.4 M in 2025. Tax Provision is likely to gain to about 208.2 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense216M243.3M245M123.6M
Depreciation And Amortization17.5M16.5M12.7M13.3M

Hong Kong fundamental ratios Correlations

-0.40.830.980.341.00.94-0.150.58-0.51-0.350.710.810.660.550.380.380.620.640.770.210.610.390.740.480.25
-0.4-0.53-0.31-0.14-0.39-0.42-0.02-0.640.130.32-0.64-0.47-0.69-0.63-0.17-0.17-0.33-0.09-0.59-0.08-0.22-0.25-0.20.1-0.19
0.83-0.530.740.460.810.71-0.230.76-0.29-0.170.90.80.840.760.250.250.850.50.94-0.040.370.60.630.550.07
0.98-0.310.740.250.980.95-0.10.43-0.53-0.410.570.790.520.410.420.420.530.650.670.310.630.330.710.410.3
0.34-0.140.460.250.360.26-0.720.58-0.190.470.570.080.490.49-0.02-0.020.550.290.37-0.820.220.180.790.79-0.77
1.0-0.390.810.980.360.94-0.160.58-0.51-0.310.70.770.660.560.340.340.620.630.740.190.610.350.770.510.23
0.94-0.420.710.950.260.940.010.45-0.54-0.520.580.740.520.420.380.380.50.560.650.320.640.230.690.330.31
-0.15-0.02-0.23-0.1-0.72-0.160.01-0.30.05-0.52-0.29-0.07-0.23-0.240.050.05-0.29-0.59-0.20.76-0.07-0.46-0.43-0.450.82
0.58-0.640.760.430.580.580.45-0.3-0.170.150.970.460.970.96-0.02-0.020.640.250.73-0.330.220.410.530.61-0.1
-0.510.13-0.29-0.53-0.19-0.51-0.540.05-0.170.28-0.23-0.39-0.24-0.11-0.51-0.51-0.33-0.3-0.19-0.18-0.980.16-0.44-0.15-0.09
-0.350.32-0.17-0.410.47-0.31-0.52-0.520.150.280.04-0.550.030.16-0.51-0.510.06-0.06-0.23-0.75-0.31-0.120.040.52-0.63
0.71-0.640.90.570.570.70.58-0.290.97-0.230.040.620.980.940.080.080.750.360.86-0.240.290.510.60.62-0.04
0.81-0.470.80.790.080.770.74-0.070.46-0.39-0.550.620.550.380.630.630.470.610.840.350.450.680.40.140.33
0.66-0.690.840.520.490.660.52-0.230.97-0.240.030.980.550.970.040.040.730.270.79-0.20.30.420.530.540.03
0.55-0.630.760.410.490.560.42-0.240.96-0.110.160.940.380.97-0.21-0.210.710.210.71-0.270.170.370.460.56-0.01
0.38-0.170.250.42-0.020.340.380.05-0.02-0.51-0.510.080.630.04-0.211.00.030.230.260.310.480.150.26-0.10.15
0.38-0.170.250.42-0.020.340.380.05-0.02-0.51-0.510.080.630.04-0.211.00.030.230.260.310.480.150.26-0.10.15
0.62-0.330.850.530.550.620.5-0.290.64-0.330.060.750.470.730.710.030.030.360.68-0.210.390.310.590.61-0.12
0.64-0.090.50.650.290.630.56-0.590.25-0.3-0.060.360.610.270.210.230.230.360.49-0.020.380.60.370.27-0.14
0.77-0.590.940.670.370.740.65-0.20.73-0.19-0.230.860.840.790.710.260.260.680.490.020.270.720.50.420.12
0.21-0.08-0.040.31-0.820.190.320.76-0.33-0.18-0.75-0.240.35-0.2-0.270.310.31-0.21-0.020.020.21-0.11-0.34-0.550.94
0.61-0.220.370.630.220.610.64-0.070.22-0.98-0.310.290.450.30.170.480.480.390.380.270.21-0.120.510.170.11
0.39-0.250.60.330.180.350.23-0.460.410.16-0.120.510.680.420.370.150.150.310.60.72-0.11-0.120.130.15-0.1
0.74-0.20.630.710.790.770.69-0.430.53-0.440.040.60.40.530.460.260.260.590.370.5-0.340.510.130.75-0.31
0.480.10.550.410.790.510.33-0.450.61-0.150.520.620.140.540.56-0.1-0.10.610.270.42-0.550.170.150.75-0.4
0.25-0.190.070.3-0.770.230.310.82-0.1-0.09-0.63-0.040.330.03-0.010.150.15-0.12-0.140.120.940.11-0.1-0.31-0.4
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Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets44.3B43.9B42.6B40.8B39.1B27.8B
Other Current Liab(1.6B)(2.2B)(1.7B)189.8M170.8M179.4M
Total Current Liabilities2.4B3.3B2.4B2.7B2.6B1.6B
Total Stockholder Equity35.7B34.6B33.3B32.0B29.9B21.9B
Property Plant And Equipment Net137.6M140.2M124.8M111.8M307.6M292.2M
Non Current Assets Total39.2B38.4B37.9B36.2B35.2B24.5B
Non Currrent Assets Other39.0B38.1B37.7B26.7B34.8B20.7B
Liabilities And Stockholders Equity44.3B43.9B42.6B40.8B39.1B27.8B
Non Current Liabilities Total6.1B6.0B6.9B6.1B6.5B4.3B
Other Current Assets(2.9B)546M368.6M392.9M90.7M138.9M
Total Liab8.5B9.2B9.3B8.8B9.1B5.9B
Total Current Assets5.0B5.5B4.7B4.6B3.9B3.3B
Short Long Term Debt Total6.6B6.6B7.0B6.6B6.2B4.2B
Net Debt4.6B5.1B5.8B5.4B5.1B2.8B
Cash2.0B1.5B1.2B1.2B1.1B1.4B
Cash And Short Term Investments2.0B1.5B1.2B1.2B1.1B1.4B
Short Term Debt689.5M865.3M419.1M781.6M823.7M441.6M
Accounts Payable1.6B2.2B1.7B1.7B1.6B1.1B
Net Receivables4.0B511.7M233.3M41.6M349M331.6M
Inventory1.9B3.0B2.9B2.9B2.4B2.6B
Retained Earnings34.9B34.0B33.4B32.3B37.1B35.2B
Other Assets30.2B28.7B28.2B40.8B46.9B32.2B
Other Liab226.5M227.7M257.6M276.3M317.7M226.2M
Net Tangible Assets38.2B35.7B34.6B33.3B38.3B36.5B
Property Plant Equipment140M137.6M140.2M124.8M143.5M98.8M
Accumulated Other Comprehensive Income35.2B34.3B33.1B31.7B36.5B37.3B
Short Term Investments2.7B2.8B3.4B2.9B3.3B2.4B

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