Holitech Short Long Term Debt Total vs Other Stockholder Equity Analysis
002217 Stock | 2.32 0.12 4.92% |
Holitech Technology financial indicator trend analysis is much more than just examining Holitech Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holitech Technology is a good investment. Please check the relationship between Holitech Technology Short Long Term Debt Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Holitech Technology Co. 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.
Short Long Term Debt Total vs Other Stockholder Equity
Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holitech Technology Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Holitech Technology's Short Long Term Debt Total and Other Stockholder Equity is 0.77. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Holitech Technology Co, assuming nothing else is changed. The correlation between historical values of Holitech Technology's Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Holitech Technology Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Holitech Technology's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Other Stockholder Equity
Most indicators from Holitech Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holitech Technology 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 Holitech Technology Co. 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. The current year's Tax Provision is expected to grow to about 1.5 B, whereas Selling General Administrative is forecasted to decline to about 201.6 M.
Holitech Technology fundamental ratios Correlations
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Holitech Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Holitech Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.3B | 30.4B | 29.3B | 23.3B | 7.6B | 11.7B | |
Short Long Term Debt Total | 8.9B | 9.8B | 11.3B | 10.9B | 7.2B | 3.8B | |
Other Current Liab | 1.1B | 1.7B | 345.0M | 398.0M | 73.9M | 70.2M | |
Total Current Liabilities | 18.9B | 16.4B | 15.2B | 13.8B | 12.3B | 6.3B | |
Total Stockholder Equity | 12.1B | 8.9B | 8.9B | 5.5B | (6.5B) | (6.2B) | |
Property Plant And Equipment Net | 6.2B | 5.8B | 5.3B | 4.8B | 3.5B | 2.6B | |
Current Deferred Revenue | 1.6B | 789.2M | 683.6M | 44.3M | 2.7B | 2.8B | |
Net Debt | 4.5B | 7.2B | 8.1B | 8.5B | 6.5B | 6.8B | |
Retained Earnings | 4.2B | 928.9M | 989.2M | (2.5B) | (14.5B) | (13.8B) | |
Accounts Payable | 7.7B | 6.3B | 5.2B | 4.1B | 2.9B | 2.4B | |
Cash | 4.4B | 2.6B | 3.2B | 2.3B | 706.5M | 671.2M | |
Non Current Assets Total | 10.9B | 10.9B | 10.6B | 10.5B | 4.5B | 4.5B | |
Non Currrent Assets Other | 1.4B | 1.3B | 533.1M | 898.0M | 28.4M | 27.0M | |
Other Assets | 1.1B | 1.0 | 2.3B | 2.4B | 1.15 | 1.09 | |
Cash And Short Term Investments | 4.4B | 2.6B | 3.2B | 2.3B | 706.5M | 671.2M | |
Net Receivables | 9.1B | 7.5B | 6.2B | 3.4B | 809.3M | 768.8M | |
Liabilities And Stockholders Equity | 34.3B | 30.4B | 29.3B | 23.3B | 7.6B | 11.7B | |
Inventory | 5.6B | 6.5B | 6.7B | 5.3B | 736.7M | 699.9M | |
Other Current Assets | 4.3B | 2.9B | 2.6B | 1.7B | 932.3M | 778.7M | |
Other Stockholder Equity | 4.7B | 4.7B | 4.5B | 4.5B | 4.8B | 2.4B | |
Total Liab | 20.7B | 19.9B | 18.8B | 16.7B | 13.7B | 7.4B | |
Total Current Assets | 23.4B | 19.5B | 18.7B | 12.8B | 3.2B | 3.0B | |
Short Term Debt | 8.5B | 7.6B | 9.0B | 9.3B | 6.7B | 7.0B | |
Intangible Assets | 742.8M | 899.9M | 974.0M | 1.2B | 241.2M | 352.6M | |
Property Plant Equipment | 6.2B | 5.8B | 5.3B | 4.8B | 5.5B | 5.8B | |
Short Term Investments | 17.8M | 7.5M | (635.4M) | 50M | (299.2M) | (284.3M) | |
Other Liab | 377.4M | 374.8M | 302.1M | 259.0M | 297.8M | 153.6M | |
Long Term Debt | 1.4B | 2.2B | 2.2B | 1.5B | 466.5M | 443.2M | |
Non Current Liabilities Total | 1.8B | 3.6B | 3.6B | 2.9B | 1.4B | 1.3B | |
Net Tangible Assets | 9.3B | 6.2B | 6.3B | 2.9B | 2.6B | 5.0B | |
Good Will | 2.3B | 2.0B | 1.9B | 1.7B | 1.5B | 1.7B | |
Deferred Long Term Liab | 1.0B | 949.5M | 878.0M | 849.9M | 977.4M | 650.2M | |
Short Long Term Debt | 7.1B | 6.3B | 7.2B | 6.6B | 3.9B | 5.1B | |
Non Current Liabilities Other | 1.1B | 357.5M | 8.8M | 23.2M | 20.9M | 19.8M | |
Net Invested Capital | 19.7B | 17.3B | 18.3B | 13.6B | (2.1B) | (2.0B) | |
Net Working Capital | 4.5B | 3.1B | 3.5B | (1.0B) | (9.1B) | (8.7B) |
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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 Holitech Stock
Balance Sheet is a snapshot of the financial position of Holitech Technology at a specified time, usually calculated after every quarter, six months, or one year. Holitech Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Holitech Technology 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 Holitech currently owns. An asset can also be divided into two categories, current and non-current.