Hunan Deferred Long Term Liab vs Net Tangible Assets Analysis

000917 Stock   7.54  0.55  6.80%   
Hunan TV financial indicator trend analysis is much more than just examining Hunan TV Broadcast latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan TV Broadcast is a good investment. Please check the relationship between Hunan TV Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan TV Broadcast. 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.

Deferred Long Term Liab vs Net Tangible Assets

Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan TV Broadcast Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Hunan TV's Deferred Long Term Liab and Net Tangible Assets is -0.72. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Hunan TV Broadcast, assuming nothing else is changed. The correlation between historical values of Hunan TV's Deferred Long Term 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 Deferred Long Term Liab of Hunan TV Broadcast 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 Deferred Long Term Liab i.e., Hunan TV's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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 Hunan TV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan TV Broadcast 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 Hunan TV Broadcast. 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.
As of December 24, 2024, Selling General Administrative is expected to decline to about 272.2 M. In addition to that, Tax Provision is expected to decline to about 142.5 M
 2021 2023 2024 (projected)
Other Operating Expenses23.0M20.7M19.6M
Gross Profit1.1B1.2B1.2B

Hunan TV fundamental ratios Correlations

0.540.910.870.80.860.30.050.520.790.690.730.860.450.840.460.240.390.710.08-0.180.050.520.55-0.06-0.47
0.540.650.320.480.580.37-0.010.520.720.560.780.650.510.30.53-0.16-0.170.21-0.39-0.60.470.00.780.32-0.16
0.910.650.680.730.820.190.040.550.880.750.730.90.470.660.50.150.20.7-0.13-0.410.220.410.66-0.02-0.48
0.870.320.680.730.60.34-0.270.10.540.360.540.50.30.940.240.40.450.650.290.1-0.160.50.25-0.21-0.45
0.80.480.730.730.80.190.080.520.770.780.80.70.810.680.77-0.12-0.030.64-0.17-0.460.460.230.520.26-0.03
0.860.580.820.60.80.290.270.780.860.780.790.920.650.590.70.010.20.48-0.14-0.420.390.30.70.18-0.28
0.30.370.190.340.190.29-0.380.170.160.080.360.20.220.350.22-0.040.0-0.07-0.18-0.160.12-0.110.250.1-0.08
0.05-0.010.04-0.270.080.27-0.380.610.120.460.050.350.11-0.250.23-0.260.030.01-0.03-0.140.120.160.040.110.22
0.520.520.550.10.520.780.170.610.620.820.650.850.640.170.73-0.41-0.110.24-0.38-0.550.50.080.620.430.09
0.790.720.880.540.770.860.160.120.620.750.760.850.590.490.590.030.070.58-0.16-0.610.490.410.790.09-0.42
0.690.560.750.360.780.780.080.460.820.750.760.860.760.350.82-0.43-0.220.5-0.44-0.680.580.170.670.410.05
0.730.780.730.540.80.790.360.050.650.760.760.770.810.50.79-0.28-0.190.4-0.49-0.560.53-0.030.810.550.07
0.860.650.90.50.70.920.20.350.850.850.860.770.570.520.63-0.060.150.57-0.21-0.460.330.340.710.17-0.29
0.450.510.470.30.810.650.220.110.640.590.760.810.570.310.98-0.61-0.520.23-0.63-0.710.8-0.280.620.730.41
0.840.30.660.940.680.590.35-0.250.170.490.350.50.520.310.260.340.430.530.310.14-0.190.460.18-0.2-0.41
0.460.530.50.240.770.70.220.230.730.590.820.790.630.980.26-0.62-0.510.2-0.63-0.740.81-0.280.630.720.39
0.24-0.160.150.4-0.120.01-0.04-0.26-0.410.03-0.43-0.28-0.06-0.610.34-0.620.870.30.790.64-0.690.55-0.3-0.83-0.75
0.39-0.170.20.45-0.030.20.00.03-0.110.07-0.22-0.190.15-0.520.43-0.510.870.30.810.65-0.740.7-0.23-0.78-0.73
0.710.210.70.650.640.48-0.070.010.240.580.50.40.570.230.530.20.30.30.18-0.1-0.030.550.27-0.17-0.35
0.08-0.39-0.130.29-0.17-0.14-0.18-0.03-0.38-0.16-0.44-0.49-0.21-0.630.31-0.630.790.810.180.71-0.720.7-0.55-0.83-0.59
-0.18-0.6-0.410.1-0.46-0.42-0.16-0.14-0.55-0.61-0.68-0.56-0.46-0.710.14-0.740.640.65-0.10.71-0.920.19-0.71-0.54-0.19
0.050.470.22-0.160.460.390.120.120.50.490.580.530.330.8-0.190.81-0.69-0.74-0.03-0.72-0.92-0.390.630.70.39
0.520.00.410.50.230.3-0.110.160.080.410.17-0.030.34-0.280.46-0.280.550.70.550.70.19-0.390.05-0.67-0.77
0.550.780.660.250.520.70.250.040.620.790.670.810.710.620.180.63-0.3-0.230.27-0.55-0.710.630.050.5-0.15
-0.060.32-0.02-0.210.260.180.10.110.430.090.410.550.170.73-0.20.72-0.83-0.78-0.17-0.83-0.540.7-0.670.50.75
-0.47-0.16-0.48-0.45-0.03-0.28-0.080.220.09-0.420.050.07-0.290.41-0.410.39-0.75-0.73-0.35-0.59-0.190.39-0.77-0.150.75
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Hunan TV Account Relationship Matchups

Hunan TV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.4B20.8B19.0B17.7B17.2B14.3B
Other Current Liab1.4B1.5B1.3B51.2M6.6M6.3M
Total Current Liabilities5.3B4.7B5.2B4.4B3.3B3.9B
Total Stockholder Equity11.1B10.2B10.3B10.2B10.3B6.6B
Retained Earnings2.6B985.1M1.3B1.2B1.4B1.3B
Accounts Payable1.8B1.1B924.3M819.5M714.8M834.0M
Cash2.2B2.5B2.1B1.9B1.6B1.9B
Other Assets172.5M181.8M131.6M122.9M141.4M272.0M
Long Term Debt4.3B3.5B1.5B1.3B1.9B2.9B
Net Receivables1.9B707.3M1.1B705.4M578.7M908.6M
Inventory1.8B1.1B1.0B997.4M973.4M1.3B
Other Current Assets1.1B851.6M788.4M30.2M27.9M26.5M
Total Liab10.1B9.1B7.4B6.3B5.8B7.0B
Intangible Assets821.5M64.9M58.8M66.9M54.7M51.9M
Property Plant Equipment7.2B7.0B1.3B1.3B1.5B1.5B
Short Term Investments1.3B1.4B1.8B1.2B1.3B1.4B
Other Liab277.7M675.4M967.7M645.7M742.5M779.6M
Net Tangible Assets8.7B9.6B9.6B9.7B11.2B10.0B
Other Stockholder Equity13.9M651.0M1.4B1.2B1.3B746.5M
Deferred Long Term Liab57.8M53.5M15.4M25.0M22.5M33.4M
Total Current Assets8.3B7.5B6.7B6.0B5.5B5.9B
Non Current Assets Total14.1B13.3B12.3B11.7B11.7B10.7B
Non Currrent Assets Other19.7M4.4M3.8M5.7M78K74.1K
Non Current Liabilities Total4.8B4.4B2.2B1.9B2.5B3.2B
Short Long Term Debt564.4M920.1M513.1M770.6M1.4B812.4M
Net Debt2.8B2.5B1.9B192.3M1.8B1.9B
Net Invested Capital15.8B14.6B12.3B12.3B13.6B11.6B
Net Working Capital3.0B2.8B1.5B1.6B2.2B1.7B

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Other Information on Investing in Hunan Stock

Balance Sheet is a snapshot of the financial position of Hunan TV Broadcast at a specified time, usually calculated after every quarter, six months, or one year. Hunan TV Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan TV 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 Hunan currently owns. An asset can also be divided into two categories, current and non-current.