Hubei Non Currrent Assets Other vs Long Term Debt Analysis

000665 Stock   4.86  0.03  0.61%   
Hubei Radio financial indicator trend analysis is much more than just examining Hubei Radio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Radio is a good investment. Please check the relationship between Hubei Radio Non Currrent Assets Other and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Radio and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Currrent Assets Other vs Long Term Debt

Non Currrent Assets Other vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Radio Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Radio's Non Currrent Assets Other and Long Term Debt is 0.53. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Hubei Radio and, assuming nothing else is changed. The correlation between historical values of Hubei Radio's Non Currrent Assets Other and Long Term Debt 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 Currrent Assets Other of Hubei Radio and are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Hubei Radio's Non Currrent Assets Other and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Long Term Debt

Long-term debt is a debt that Hubei Radio has held for over one year. Long-term debt appears on Hubei Radio and balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hubei Radio and balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Hubei Radio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Radio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Radio and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 13, 2024, Selling General Administrative is expected to decline to about 83.4 M. The current year's Tax Provision is expected to grow to about (724 K)
 2021 2022 2023 2024 (projected)
Gross Profit239.8M172.1M78.0M74.1M
Research Development69.6M82.5M71.9M82.2M

Hubei Radio fundamental ratios Correlations

0.240.980.880.760.20.950.480.750.850.75-0.340.910.950.260.880.99-0.60.81-0.75-0.860.830.850.56-0.20.77
0.240.110.60.380.790.160.670.55-0.06-0.41-0.510.03-0.050.54-0.120.150.39-0.270.280.05-0.21-0.17-0.170.29-0.26
0.980.110.790.740.060.950.390.720.860.83-0.260.90.960.20.930.98-0.650.85-0.81-0.880.840.870.61-0.360.77
0.880.60.790.810.540.810.620.790.620.41-0.50.740.70.380.610.82-0.30.55-0.5-0.650.580.570.380.00.51
0.760.380.740.810.560.750.250.680.560.43-0.460.740.620.040.550.74-0.150.65-0.47-0.710.510.60.36-0.250.39
0.20.790.060.540.560.220.330.31-0.05-0.36-0.70.21-0.060.18-0.250.110.52-0.080.28-0.05-0.110.02-0.160.37-0.18
0.950.160.950.810.750.220.320.620.90.77-0.310.970.940.090.810.94-0.610.83-0.78-0.90.870.90.57-0.160.81
0.480.670.390.620.250.330.320.550.120.07-0.290.230.330.860.30.39-0.050.04-0.03-0.040.20.160.280.140.17
0.750.550.720.790.680.310.620.550.490.28-0.350.480.570.390.610.75-0.160.42-0.33-0.590.340.370.17-0.140.25
0.85-0.060.860.620.56-0.050.90.120.490.82-0.070.890.91-0.010.830.86-0.790.79-0.81-0.930.870.840.53-0.230.86
0.75-0.410.830.410.43-0.360.770.070.280.820.070.810.91-0.070.90.78-0.850.87-0.91-0.790.920.870.76-0.390.88
-0.34-0.51-0.26-0.5-0.46-0.7-0.31-0.29-0.35-0.070.07-0.31-0.13-0.32-0.01-0.3-0.37-0.170.00.25-0.03-0.20.06-0.190.08
0.910.030.90.740.740.210.970.230.480.890.81-0.310.930.010.780.9-0.620.88-0.79-0.890.920.960.63-0.160.86
0.95-0.050.960.70.62-0.060.940.330.570.910.91-0.130.930.130.940.96-0.780.88-0.86-0.870.930.930.66-0.280.91
0.260.540.20.380.040.180.090.860.39-0.01-0.07-0.320.010.130.150.20.06-0.050.060.07-0.04-0.04-0.030.06-0.04
0.88-0.120.930.610.55-0.250.810.30.610.830.9-0.010.780.940.150.92-0.80.84-0.85-0.810.830.810.63-0.470.8
0.990.150.980.820.740.110.940.390.750.860.78-0.30.90.960.20.92-0.630.85-0.79-0.880.820.850.51-0.280.77
-0.60.39-0.65-0.3-0.150.52-0.61-0.05-0.16-0.79-0.85-0.37-0.62-0.780.06-0.8-0.63-0.640.820.61-0.8-0.66-0.580.31-0.87
0.81-0.270.850.550.65-0.080.830.040.420.790.87-0.170.880.88-0.050.840.85-0.64-0.87-0.860.850.90.51-0.360.81
-0.750.28-0.81-0.5-0.470.28-0.78-0.03-0.33-0.81-0.910.0-0.79-0.860.06-0.85-0.790.82-0.870.81-0.86-0.79-0.590.33-0.81
-0.860.05-0.88-0.65-0.71-0.05-0.9-0.04-0.59-0.93-0.790.25-0.89-0.870.07-0.81-0.880.61-0.860.81-0.8-0.83-0.480.29-0.73
0.83-0.210.840.580.51-0.110.870.20.340.870.92-0.030.920.93-0.040.830.82-0.80.85-0.86-0.80.920.76-0.110.96
0.85-0.170.870.570.60.020.90.160.370.840.87-0.20.960.93-0.040.810.85-0.660.9-0.79-0.830.920.65-0.260.88
0.56-0.170.610.380.36-0.160.570.280.170.530.760.060.630.66-0.030.630.51-0.580.51-0.59-0.480.760.65-0.280.65
-0.20.29-0.360.0-0.250.37-0.160.14-0.14-0.23-0.39-0.19-0.16-0.280.06-0.47-0.280.31-0.360.330.29-0.11-0.26-0.28-0.08
0.77-0.260.770.510.39-0.180.810.170.250.860.880.080.860.91-0.040.80.77-0.870.81-0.81-0.730.960.880.65-0.08
Click cells to compare fundamentals

Hubei Radio Account Relationship Matchups

Hubei Radio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9B11.7B11.8B11.7B11.0B11.6B
Other Current Liab546.8M590.2M531.0M477.2M9.7M9.2M
Total Current Liabilities3.8B3.3B3.5B3.9B3.9B4.1B
Total Stockholder Equity6.8B6.1B5.9B5.9B5.3B3.0B
Other Liab119.9M71.7M65.3M63.8M73.4M56.7M
Retained Earnings1.9B1.2B780.5M185.5M(583.2M)(554.0M)
Accounts Payable1.6B1.8B1.8B1.8B1.5B1.6B
Cash612.5M469.4M680.0M681.5M327.0M347.9M
Other Assets683.4M422.4M701.4M644.0M740.6M777.7M
Long Term Debt1.1B2.1B2.2B1.7B1.8B1.9B
Net Receivables820.0M777.1M815.7M1.2B1.1B1.2B
Inventory5.8M44.9M107.3M82.2M117.3M66.3M
Other Current Assets629.9M601.0M564.0M510.9M435.5M457.2M
Total Liab5.0B5.4B5.8B5.7B5.7B6.0B
Intangible Assets139.8M131.4M128.0M124.4M110.7M100.9M
Common Stock963.6M981.9M1.0B1.1B1.3B1.4B
Property Plant Equipment8.0B8.1B7.7B7.5B8.6B9.0B
Net Tangible Assets6.1B5.7B5.4B5.5B6.3B6.0B
Deferred Long Term Liab420.7M306.9M481.8M265.2M238.7M344.9M
Total Current Assets2.1B2.3B2.5B2.7B2.3B2.1B
Non Current Assets Total9.7B9.4B9.3B9.0B8.7B9.7B
Non Currrent Assets Other22.5M234.2M82.5M191.6M349.5M139.0M
Short Term Investments35.5M226.5M206.4M204.4M7.2M6.8M
Non Current Liabilities Total1.2B2.1B2.3B1.8B1.9B1.5B
Other Stockholder Equity302.5M272.5M231.6M79.0M90.9M86.4M
Short Long Term Debt1.3B658M942.5M981.8M1.2B810.7M
Common Stock Shares Outstanding963.6M981.9M1.0B1.1B1.1B1.1B
Net Invested Capital9.2B8.9B9.0B8.6B8.3B9.2B
Net Working Capital(1.7B)(1.0B)(1.0B)(1.1B)(1.6B)(1.7B)
Net Debt1.8B2.2B2.5B2.0B2.7B2.3B
Capital Stock963.6M981.9M1.0B1.1B1.1B1.1B
Non Current Liabilities Other50.4M3.6M5.0M5.3M4.8M4.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Hubei Stock

Balance Sheet is a snapshot of the financial position of Hubei Radio at a specified time, usually calculated after every quarter, six months, or one year. Hubei Radio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Radio and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hubei currently owns. An asset can also be divided into two categories, current and non-current.