Huadi Total Liab vs Net Tangible Assets 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 Total Liab and its Net Tangible Assets 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.
Total Liab vs Net Tangible Assets
Total Liab vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huadi International Total Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Huadi International's Total Liab and Net Tangible Assets is -0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Tangible Assets 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 Total Liab and Net Tangible Assets 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 Liab of Huadi International Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Liab i.e., Huadi International's Total Liab and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Profit | 11.1M | 12.4M | 11.1M | 9.8M | Total Revenue | 76.4M | 84.3M | 97.0M | 76.3M |
Huadi International fundamental ratios Correlations
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Huadi International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huadi International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 3.0M | 2.6M | 2.4M | 1.9M | 1.8M | 3.4M | |
Total Current Liabilities | 43.3M | 48.8M | 25.7M | 22.6M | 20.3M | 35.9M | |
Net Tangible Assets | 19.9M | 24.4M | 50.0M | 48.3M | 55.6M | 30.9M | |
Retained Earnings | (159.2K) | 2.1M | 3.8M | 6.7M | 7.7M | 8.1M | |
Accounts Payable | 1.9M | 1.7M | 3.4M | 7.1M | 8.2M | 8.6M | |
Other Assets | 414.7K | 436.6K | 549.9K | 338.7K | 304.9K | 422.2K | |
Net Receivables | 18.5M | 28.3M | 21.6M | 30.5M | 35.0M | 26.0M | |
Inventory | 20.8M | 22.7M | 24.9M | 26.7M | 30.7M | 24.6M | |
Other Current Assets | 7.2M | 10.7M | 4.7M | 2.9M | 2.6M | 2.5M | |
Total Current Assets | 47.3M | 77.1M | 64.4M | 80.2M | 92.3M | 68.2M | |
Property Plant Equipment | 6.5M | 6.7M | 7.2M | 6.0M | 6.9M | 6.2M | |
Total Assets | 69.1M | 100.2M | 84.6M | 103.0M | 118.5M | 92.0M | |
Short Long Term Debt Total | 32.7M | 35.8M | 21.7M | 11.5M | 10.4M | 9.8M | |
Total Stockholder Equity | 25.6M | 51.2M | 49.4M | 74.4M | 85.6M | 43.6M | |
Property Plant And Equipment Net | 6.7M | 7.2M | 6.0M | 5.4M | 6.2M | 6.5M | |
Current Deferred Revenue | 1.5M | 4.7M | 4.4M | 3.4M | 3.9M | 3.8M | |
Net Debt | 31.9M | 20.4M | 8.5M | (8.7M) | (7.8M) | (7.4M) | |
Cash | 796.8K | 15.4M | 13.2M | 20.2M | 23.2M | 24.4M | |
Non Current Assets Total | 21.8M | 23.2M | 20.2M | 22.8M | 26.2M | 23.4M | |
Cash And Short Term Investments | 796.8K | 15.4M | 13.2M | 20.2M | 23.2M | 24.4M | |
Liabilities And Stockholders Equity | 69.1M | 100.2M | 84.6M | 103.0M | 118.5M | 92.0M | |
Non Current Liabilities Total | 36.1M | 42.2M | 9.3M | 5.7M | 5.1M | 4.9M | |
Total Liab | 43.3M | 48.8M | 35.0M | 28.3M | 25.5M | 35.0M | |
Net Invested Capital | 58.3M | 87.0M | 71.1M | 85.9M | 98.8M | 77.4M | |
Long Term Investments | 13.4M | 14.2M | 12.8M | 12.5M | 11.3M | 10.5M | |
Property Plant And Equipment Gross | 6.7M | 15.7M | 14.4M | 14.2M | 16.3M | 11.2M | |
Short Long Term Debt | 32.7M | 35.8M | 12.4M | 6.1M | 5.5M | 5.2M | |
Accumulated Other Comprehensive Income | 3.2M | 4.9M | 1.4M | 445.7K | 401.2K | 381.1K | |
Net Working Capital | 4.0M | 28.3M | 38.7M | 57.6M | 66.3M | 69.6M | |
Short Term Debt | 32.7M | 35.8M | 12.4M | 6.1M | 5.5M | 5.2M | |
Intangible Assets | 1.2M | 1.2M | 1.1M | 4.3M | 5.0M | 5.2M |
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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.