Hubei Total Liab vs Total Assets 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 Total Liab and its Total Assets 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.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Radio Total Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hubei Radio's Total Liab and Total Assets is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total 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 Hubei Radio and are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Hubei Radio's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of Hubei Radio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hubei Radio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 12, 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
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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

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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.