HSBC Depreciation vs Change To Operating Activities Analysis

HSBA Stock   760.80  4.30  0.56%   
HSBC Holdings financial indicator trend analysis is much more than just examining HSBC Holdings PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HSBC Holdings PLC is a good investment. Please check the relationship between HSBC Holdings Depreciation and its Change To Operating Activities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings PLC. 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.

Depreciation vs Change To Operating Activities

Depreciation vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HSBC Holdings PLC Depreciation account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HSBC Holdings' Depreciation and Change To Operating Activities is -0.04. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of HSBC Holdings PLC, assuming nothing else is changed. The correlation between historical values of HSBC Holdings' Depreciation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of HSBC Holdings PLC are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., HSBC Holdings' Depreciation and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of HSBC Holdings PLC value has been used up. For tax purposes HSBC Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, HSBC Holdings PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Operating Activities

Most indicators from HSBC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HSBC Holdings PLC 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 HSBC Holdings PLC. 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 13.9 B in 2024, whereas Tax Provision is likely to drop slightly above 3.2 B in 2024.
 2021 2022 2023 2024 (projected)
Income Before Tax18.9B17.5B30.3B31.9B
Interest Expense9.7B22.4B65.1B68.3B

HSBC Holdings fundamental ratios Correlations

0.40.960.73-0.240.530.19-0.890.40.570.940.260.780.220.760.740.940.110.950.93-0.890.220.74-0.170.07-0.14
0.40.280.64-0.420.450.91-0.62-0.550.460.45-0.160.240.530.610.30.37-0.020.470.35-0.570.30.49-0.23-0.04-0.41
0.960.280.62-0.110.40.07-0.860.50.440.960.360.810.230.660.650.970.130.940.97-0.90.170.59-0.080.05-0.21
0.730.640.62-0.560.760.51-0.720.020.750.73-0.30.58-0.021.00.810.680.340.720.71-0.73-0.010.8-0.60.340.2
-0.24-0.42-0.11-0.56-0.92-0.620.110.45-0.89-0.20.540.040.01-0.54-0.72-0.270.28-0.32-0.20.180.42-0.690.830.22-0.42
0.530.450.40.76-0.920.51-0.41-0.141.00.48-0.360.32-0.010.740.870.5-0.20.530.47-0.46-0.210.83-0.74-0.150.41
0.190.910.070.51-0.620.51-0.36-0.790.50.25-0.34-0.050.480.480.290.23-0.150.340.17-0.350.00.43-0.44-0.15-0.28
-0.89-0.62-0.86-0.720.11-0.41-0.36-0.26-0.46-0.91-0.34-0.83-0.43-0.73-0.53-0.83-0.07-0.83-0.870.96-0.47-0.550.0-0.040.39
0.4-0.550.50.020.45-0.14-0.79-0.26-0.10.370.520.61-0.260.050.140.340.20.220.43-0.280.19-0.020.330.170.17
0.570.460.440.75-0.891.00.5-0.46-0.10.52-0.290.370.050.740.870.54-0.230.550.51-0.5-0.160.83-0.69-0.180.37
0.940.450.960.73-0.20.480.25-0.910.370.520.310.790.320.760.680.970.150.950.99-0.980.150.61-0.190.07-0.21
0.26-0.160.36-0.30.54-0.36-0.34-0.340.52-0.290.310.380.64-0.28-0.260.29-0.250.180.29-0.330.5-0.260.65-0.31-0.46
0.780.240.810.580.040.32-0.05-0.830.610.370.790.380.130.580.470.70.090.630.78-0.80.50.360.160.04-0.17
0.220.530.23-0.020.01-0.010.48-0.43-0.260.050.320.640.13-0.03-0.140.31-0.420.30.24-0.430.40.00.27-0.47-0.64
0.760.610.661.0-0.540.740.48-0.730.050.740.76-0.280.58-0.030.830.710.350.750.75-0.75-0.020.81-0.590.350.19
0.740.30.650.81-0.720.870.29-0.530.140.870.68-0.260.47-0.140.830.710.120.740.7-0.59-0.230.85-0.690.160.39
0.940.370.970.68-0.270.50.23-0.830.340.540.970.290.70.310.710.710.10.980.97-0.910.020.66-0.260.02-0.16
0.11-0.020.130.340.28-0.2-0.15-0.070.2-0.230.15-0.250.09-0.420.350.120.10.130.18-0.1-0.120.0-0.170.970.21
0.950.470.940.72-0.320.530.34-0.830.220.550.950.180.630.30.750.740.980.130.95-0.90.010.72-0.310.05-0.2
0.930.350.970.71-0.20.470.17-0.870.430.510.990.290.780.240.750.70.970.180.95-0.950.070.6-0.230.1-0.14
-0.89-0.57-0.9-0.730.18-0.46-0.350.96-0.28-0.5-0.98-0.33-0.8-0.43-0.75-0.59-0.91-0.1-0.9-0.95-0.27-0.550.12-0.020.32
0.220.30.17-0.010.42-0.210.0-0.470.19-0.160.150.50.50.4-0.02-0.230.02-0.120.010.07-0.27-0.120.72-0.08-0.57
0.740.490.590.8-0.690.830.43-0.55-0.020.830.61-0.260.360.00.810.850.660.00.720.6-0.55-0.12-0.620.010.26
-0.17-0.23-0.08-0.60.83-0.74-0.440.00.33-0.69-0.190.650.160.27-0.59-0.69-0.26-0.17-0.31-0.230.120.72-0.62-0.19-0.64
0.07-0.040.050.340.22-0.15-0.15-0.040.17-0.180.07-0.310.04-0.470.350.160.020.970.050.1-0.02-0.080.01-0.190.28
-0.14-0.41-0.210.2-0.420.41-0.280.390.170.37-0.21-0.46-0.17-0.640.190.39-0.160.21-0.2-0.140.32-0.570.26-0.640.28
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HSBC Holdings Account Relationship Matchups

HSBC Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7T3.0T3.0T3.0T3.0T1.7T
Short Long Term Debt Total129.2B117.4B99.0B100.4B235.2B246.9B
Total Stockholder Equity184.0B196.4B198.3B187.5B185.3B109.2B
Property Plant And Equipment Net14.7B14.4B13.2B12.6B12.9B13.6B
Net Debt(29.9B)(191.1B)(308.1B)(233.9B)(305.9B)(290.6B)
Cash159.1B308.6B407.2B334.3B307.0B322.4B
Non Current Assets Total1.1T1.2T1.0T1.1T3.8T4.0T
Non Currrent Assets Other(1.1T)(1.2T)(1.0T)(1.1T)(1.1T)(1.1T)
Other Assets1.3T1.5T1.5T1.6T(1.1T)(1.1T)
Cash And Short Term Investments159.1B308.6B407.2B350.1B307.0B322.4B
Common Stock Shares Outstanding20.0B20.2B20.2B20.3B19.6B17.3B
Liabilities And Stockholders Equity2.7T3.0T3.0T3.0T3.0T1.7T
Non Current Liabilities Total129.2B117.4B99.0B2.8T164.0B155.8B
Other Stockholder Equity37.0B45.5B43.5B34.9B23.6B31.1B
Total Liab129.2B117.4B99.0B2.8T2.8T3.0T
Property Plant And Equipment Gross14.7B14.4B13.2B12.6B12.9B13.1B
Total Current Assets295.7B318.9B407.2B334.3B319.8B217.0B
Retained Earnings136.7B140.6B144.5B152.1B152.1B104.3B
Net Receivables136.7B10.3B970M1.2B1.4B1.3B
Common Stock Total Equity10.2B10.2B10.3B10.3B11.9B8.3B
Common Stock10.3B10.3B10.3B10.1B9.6B8.5B
Other Current Assets9.1B8.1B8.2B10.3B13.9B13.2B
Other Liab155.5B170.0B176.9B172.6B155.3B294.2B
Long Term Debt93.4B178.5B183.1B252.1B289.9B156.2B
Good Will5.6B5.9B5.0B4.2B4.3B4.1B
Short Term Investments(31.7B)254.5B15.3B15.8B1.1B1.1B
Intangible Assets14.6B14.6B15.6B17.2B8.2B11.3B
Property Plant Equipment14.7B14.4B13.2B12.6B11.3B10.4B
Accumulated Other Comprehensive Income23.0B31.2B28.9B10.6B8.8B17.6B
Other Current Liab(2.2B)(690M)(698M)(1.1B)(2.8B)(2.9B)
Total Current Liabilities11.8B10.4B10.5B12.4B2.8B2.6B
Net Tangible Assets142.9B153.6B155.2B166.2B191.1B163.2B
Accounts Payable1.5T1.7T1.8T1.7T1.9T1.7T
Long Term Investments976.5B1.1T940.9B1.0T1.1T942.1B
Capital Surpluse10.2B13.6B14.0B14.3B16.4B14.2B
Earning Assets1.1T1.2T1.3T1.4T1.6T1.4T

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