Hanryu Total Operating Expenses vs Reconciled Depreciation Analysis
HRYU Stock | 0.24 0.01 4.35% |
Hanryu Holdings, financial indicator trend analysis is much more than just examining Hanryu Holdings, Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanryu Holdings, Common is a good investment. Please check the relationship between Hanryu Holdings, Total Operating Expenses and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Total Operating Expenses vs Reconciled Depreciation
Total Operating Expenses vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanryu Holdings, Common Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hanryu Holdings,'s Total Operating Expenses and Reconciled Depreciation is 0.85. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Hanryu Holdings, Common, assuming nothing else is changed. The correlation between historical values of Hanryu Holdings,'s Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Hanryu Holdings, Common are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Hanryu Holdings,'s Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Reconciled Depreciation
Most indicators from Hanryu Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanryu Holdings, Common 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 Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. Issuance Of Capital Stock is likely to gain to about 10.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 266.0K | 8.9K | 12.0K | 11.4K | Depreciation And Amortization | 117.6K | 470.5K | 541.0K | 568.1K |
Hanryu Holdings, fundamental ratios Correlations
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Hanryu Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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