Huadi Non Current Assets Total vs Total Current Liabilities Analysis

HUDI Stock  USD 2.00  0.05  2.56%   
Huadi International financial indicator trend analysis is much more than just examining Huadi International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huadi International is a good investment. Please check the relationship between Huadi International Non Current Assets Total and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huadi International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huadi International Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Huadi International's Non Current Assets Total and Total Current Liabilities is -0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Huadi International Group, assuming nothing else is changed. The correlation between historical values of Huadi International's Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Huadi International Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Huadi International's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Huadi International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huadi International Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Huadi International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huadi International 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 Huadi International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
As of now, Huadi International's Tax Provision is decreasing as compared to previous years. The Huadi International's current Issuance Of Capital Stock is estimated to increase to about 27.8 M, while Selling General Administrative is projected to decrease to under 5.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.1M12.4M11.1M9.8M
Total Revenue76.4M84.3M97.0M76.3M

Huadi International fundamental ratios Correlations

0.48-0.6-0.46-0.230.32-0.53-0.760.37-0.5-0.68-0.65-0.28-0.660.49-0.64-0.22-0.180.55-0.61-0.47-0.610.25-0.270.480.5
0.48-0.91-0.960.280.96-0.63-0.740.96-0.91-0.6-0.87-0.82-0.710.95-0.9-0.770.590.94-0.83-0.84-0.830.44-0.620.960.99
-0.6-0.910.91-0.3-0.840.750.77-0.820.860.760.940.830.85-0.840.950.78-0.39-0.890.860.850.86-0.320.43-0.84-0.89
-0.46-0.960.91-0.35-0.930.630.67-0.960.950.580.840.90.72-0.950.870.88-0.62-0.950.880.90.88-0.550.54-0.93-0.95
-0.230.28-0.3-0.350.310.120.220.36-0.140.260.0-0.490.130.08-0.05-0.560.560.050.06-0.160.06-0.270.280.080.16
0.320.96-0.84-0.930.31-0.49-0.590.92-0.84-0.46-0.77-0.88-0.590.92-0.82-0.840.740.89-0.74-0.82-0.740.41-0.60.930.96
-0.53-0.630.750.630.12-0.490.87-0.580.770.960.890.470.97-0.670.870.36-0.02-0.740.830.790.83-0.450.62-0.61-0.66
-0.76-0.740.770.670.22-0.590.87-0.660.790.90.920.420.91-0.760.890.320.01-0.810.840.730.84-0.50.73-0.76-0.77
0.370.96-0.82-0.960.360.92-0.58-0.66-0.93-0.49-0.77-0.8-0.630.94-0.81-0.780.640.92-0.81-0.82-0.810.56-0.630.940.94
-0.5-0.910.860.95-0.14-0.840.770.79-0.930.720.890.760.82-0.960.890.73-0.43-0.980.960.90.96-0.70.66-0.93-0.92
-0.68-0.60.760.580.26-0.460.960.9-0.490.720.910.410.98-0.640.880.30.12-0.730.830.720.83-0.410.54-0.61-0.63
-0.65-0.870.940.840.0-0.770.890.92-0.770.890.910.690.96-0.860.990.6-0.22-0.910.930.870.93-0.480.64-0.85-0.88
-0.28-0.820.830.9-0.49-0.880.470.42-0.80.760.410.690.57-0.780.730.99-0.77-0.770.680.870.68-0.360.37-0.75-0.82
-0.66-0.710.850.720.13-0.590.970.91-0.630.820.980.960.57-0.750.940.47-0.06-0.820.90.830.9-0.480.6-0.71-0.74
0.490.95-0.84-0.950.080.92-0.67-0.760.94-0.96-0.64-0.86-0.78-0.75-0.89-0.730.540.99-0.92-0.87-0.920.65-0.710.990.98
-0.64-0.90.950.87-0.05-0.820.870.89-0.810.890.880.990.730.94-0.890.64-0.33-0.920.910.890.91-0.420.63-0.87-0.91
-0.22-0.770.780.88-0.56-0.840.360.32-0.780.730.30.60.990.47-0.730.64-0.78-0.720.630.810.63-0.390.29-0.71-0.76
-0.180.59-0.39-0.620.560.74-0.020.010.64-0.430.12-0.22-0.77-0.060.54-0.33-0.780.44-0.23-0.54-0.230.17-0.330.510.59
0.550.94-0.89-0.950.050.89-0.74-0.810.92-0.98-0.73-0.91-0.77-0.820.99-0.92-0.720.44-0.96-0.88-0.960.63-0.650.980.97
-0.61-0.830.860.880.06-0.740.830.84-0.810.960.830.930.680.9-0.920.910.63-0.23-0.960.861.0-0.70.6-0.89-0.87
-0.47-0.840.850.9-0.16-0.820.790.73-0.820.90.720.870.870.83-0.870.890.81-0.54-0.880.860.86-0.60.68-0.81-0.88
-0.61-0.830.860.880.06-0.740.830.84-0.810.960.830.930.680.9-0.920.910.63-0.23-0.961.00.86-0.70.6-0.89-0.87
0.250.44-0.32-0.55-0.270.41-0.45-0.50.56-0.7-0.41-0.48-0.36-0.480.65-0.42-0.390.170.63-0.7-0.6-0.7-0.670.610.52
-0.27-0.620.430.540.28-0.60.620.73-0.630.660.540.640.370.6-0.710.630.29-0.33-0.650.60.680.6-0.67-0.68-0.7
0.480.96-0.84-0.930.080.93-0.61-0.760.94-0.93-0.61-0.85-0.75-0.710.99-0.87-0.710.510.98-0.89-0.81-0.890.61-0.680.98
0.50.99-0.89-0.950.160.96-0.66-0.770.94-0.92-0.63-0.88-0.82-0.740.98-0.91-0.760.590.97-0.87-0.88-0.870.52-0.70.98
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Huadi International Account Relationship Matchups

Huadi International fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.0M2.6M2.4M1.9M1.8M3.4M
Total Current Liabilities43.3M48.8M25.7M22.6M20.3M35.9M
Net Tangible Assets19.9M24.4M50.0M48.3M55.6M30.9M
Retained Earnings(159.2K)2.1M3.8M6.7M7.7M8.1M
Accounts Payable1.9M1.7M3.4M7.1M8.2M8.6M
Other Assets414.7K436.6K549.9K338.7K304.9K422.2K
Net Receivables18.5M28.3M21.6M30.5M35.0M26.0M
Inventory20.8M22.7M24.9M26.7M30.7M24.6M
Other Current Assets7.2M10.7M4.7M2.9M2.6M2.5M
Total Current Assets47.3M77.1M64.4M80.2M92.3M68.2M
Property Plant Equipment6.5M6.7M7.2M6.0M6.9M6.2M
Total Assets69.1M100.2M84.6M103.0M118.5M92.0M
Short Long Term Debt Total32.7M35.8M21.7M11.5M10.4M9.8M
Total Stockholder Equity25.6M51.2M49.4M74.4M85.6M43.6M
Property Plant And Equipment Net6.7M7.2M6.0M5.4M6.2M6.5M
Current Deferred Revenue1.5M4.7M4.4M3.4M3.9M3.8M
Net Debt31.9M20.4M8.5M(8.7M)(7.8M)(7.4M)
Cash796.8K15.4M13.2M20.2M23.2M24.4M
Non Current Assets Total21.8M23.2M20.2M22.8M26.2M23.4M
Cash And Short Term Investments796.8K15.4M13.2M20.2M23.2M24.4M
Liabilities And Stockholders Equity69.1M100.2M84.6M103.0M118.5M92.0M
Non Current Liabilities Total36.1M42.2M9.3M5.7M5.1M4.9M
Total Liab43.3M48.8M35.0M28.3M25.5M35.0M
Net Invested Capital58.3M87.0M71.1M85.9M98.8M77.4M
Long Term Investments13.4M14.2M12.8M12.5M11.3M10.5M
Property Plant And Equipment Gross6.7M15.7M14.4M14.2M16.3M11.2M
Short Long Term Debt32.7M35.8M12.4M6.1M5.5M5.2M
Accumulated Other Comprehensive Income3.2M4.9M1.4M445.7K401.2K381.1K
Net Working Capital4.0M28.3M38.7M57.6M66.3M69.6M
Short Term Debt32.7M35.8M12.4M6.1M5.5M5.2M
Intangible Assets1.2M1.2M1.1M4.3M5.0M5.2M

Currently Active Assets on Macroaxis

When determining whether Huadi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huadi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huadi International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huadi International Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huadi International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huadi International. If investors know Huadi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huadi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Earnings Share
0.19
Revenue Per Share
5.855
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0116
The market value of Huadi International is measured differently than its book value, which is the value of Huadi that is recorded on the company's balance sheet. Investors also form their own opinion of Huadi International's value that differs from its market value or its book value, called intrinsic value, which is Huadi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huadi International's market value can be influenced by many factors that don't directly affect Huadi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huadi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huadi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huadi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.