Holitech Total Stockholder Equity vs Short Long Term Debt Total 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 Total Stockholder Equity and its Short Long Term Debt Total 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.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holitech Technology Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Holitech Technology's Total Stockholder Equity and Short Long Term Debt Total is 0.48. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total 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 Total Stockholder Equity and Short Long Term Debt Total 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 Stockholder Equity of Holitech Technology Co are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Holitech Technology's Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Long Term Debt Total

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

0.90.740.930.750.960.180.670.290.980.870.980.820.620.870.940.960.840.790.940.990.850.830.760.83-0.41
0.90.640.960.480.930.30.88-0.010.880.690.940.720.610.690.740.910.80.770.980.850.960.90.840.88-0.42
0.740.640.720.530.70.130.50.270.740.510.70.860.590.510.690.760.830.420.720.750.580.670.440.580.1
0.930.960.720.530.970.390.810.030.950.740.950.770.540.740.830.890.870.791.00.90.940.820.850.92-0.39
0.750.480.530.530.65-0.410.090.820.690.80.690.630.480.80.860.750.490.540.540.820.310.510.210.31-0.25
0.960.930.70.970.650.270.760.150.980.790.980.750.580.790.910.910.790.80.970.940.90.80.840.91-0.5
0.180.30.130.39-0.410.270.49-0.770.280.10.190.09-0.050.10.030.030.340.360.360.10.50.070.660.61-0.18
0.670.880.50.810.090.760.49-0.370.670.330.760.50.510.330.460.690.660.530.830.580.940.80.850.86-0.39
0.29-0.010.270.030.820.15-0.77-0.370.220.390.20.320.260.390.480.350.15-0.020.040.41-0.210.13-0.36-0.240.03
0.980.880.740.950.690.980.280.670.220.840.950.780.550.840.940.90.830.790.950.970.850.740.790.88-0.44
0.870.690.510.740.80.790.10.330.390.840.810.70.41.00.840.790.660.830.750.890.60.60.570.62-0.33
0.980.940.70.950.690.980.190.760.20.950.810.790.610.810.890.960.80.810.960.950.890.880.810.86-0.43
0.820.720.860.770.630.750.090.50.320.780.70.790.430.70.720.820.870.530.780.830.660.790.520.590.03
0.620.610.590.540.480.58-0.050.510.260.550.40.610.430.40.580.720.490.390.590.620.480.580.380.45-0.42
0.870.690.510.740.80.790.10.330.390.841.00.810.70.40.840.80.660.830.750.890.60.60.570.62-0.33
0.940.740.690.830.860.910.030.460.480.940.840.890.720.580.840.860.70.710.830.960.660.620.610.71-0.49
0.960.910.760.890.750.910.030.690.350.90.790.960.820.720.80.860.830.710.910.950.810.910.650.73-0.31
0.840.80.830.870.490.790.340.660.150.830.660.80.870.490.660.70.830.520.860.840.790.790.620.72-0.06
0.790.770.420.790.540.80.360.53-0.020.790.830.810.530.390.830.710.710.520.80.760.710.570.770.76-0.41
0.940.980.721.00.540.970.360.830.040.950.750.960.780.590.750.830.910.860.80.910.940.840.850.91-0.4
0.990.850.750.90.820.940.10.580.410.970.890.950.830.620.890.960.950.840.760.910.770.780.660.76-0.37
0.850.960.580.940.310.90.50.94-0.210.850.60.890.660.480.60.660.810.790.710.940.770.850.920.95-0.42
0.830.90.670.820.510.80.070.80.130.740.60.880.790.580.60.620.910.790.570.840.780.850.650.69-0.14
0.760.840.440.850.210.840.660.85-0.360.790.570.810.520.380.570.610.650.620.770.850.660.920.650.97-0.55
0.830.880.580.920.310.910.610.86-0.240.880.620.860.590.450.620.710.730.720.760.910.760.950.690.97-0.52
-0.41-0.420.1-0.39-0.25-0.5-0.18-0.390.03-0.44-0.33-0.430.03-0.42-0.33-0.49-0.31-0.06-0.41-0.4-0.37-0.42-0.14-0.55-0.52
Click cells to compare fundamentals

Holitech Technology Account Relationship Matchups

Holitech Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.3B30.4B29.3B23.3B7.6B11.7B
Short Long Term Debt Total8.9B9.8B11.3B10.9B7.2B3.8B
Other Current Liab1.1B1.7B345.0M398.0M73.9M70.2M
Total Current Liabilities18.9B16.4B15.2B13.8B12.3B6.3B
Total Stockholder Equity12.1B8.9B8.9B5.5B(6.5B)(6.2B)
Property Plant And Equipment Net6.2B5.8B5.3B4.8B3.5B2.6B
Current Deferred Revenue1.6B789.2M683.6M44.3M2.7B2.8B
Net Debt4.5B7.2B8.1B8.5B6.5B6.8B
Retained Earnings4.2B928.9M989.2M(2.5B)(14.5B)(13.8B)
Accounts Payable7.7B6.3B5.2B4.1B2.9B2.4B
Cash4.4B2.6B3.2B2.3B706.5M671.2M
Non Current Assets Total10.9B10.9B10.6B10.5B4.5B4.5B
Non Currrent Assets Other1.4B1.3B533.1M898.0M28.4M27.0M
Other Assets1.1B1.02.3B2.4B1.151.09
Cash And Short Term Investments4.4B2.6B3.2B2.3B706.5M671.2M
Net Receivables9.1B7.5B6.2B3.4B809.3M768.8M
Liabilities And Stockholders Equity34.3B30.4B29.3B23.3B7.6B11.7B
Inventory5.6B6.5B6.7B5.3B736.7M699.9M
Other Current Assets4.3B2.9B2.6B1.7B932.3M778.7M
Other Stockholder Equity4.7B4.7B4.5B4.5B4.8B2.4B
Total Liab20.7B19.9B18.8B16.7B13.7B7.4B
Total Current Assets23.4B19.5B18.7B12.8B3.2B3.0B
Short Term Debt8.5B7.6B9.0B9.3B6.7B7.0B
Intangible Assets742.8M899.9M974.0M1.2B241.2M352.6M
Property Plant Equipment6.2B5.8B5.3B4.8B5.5B5.8B
Short Term Investments17.8M7.5M(635.4M)50M(299.2M)(284.3M)
Other Liab377.4M374.8M302.1M259.0M297.8M153.6M
Long Term Debt1.4B2.2B2.2B1.5B466.5M443.2M
Non Current Liabilities Total1.8B3.6B3.6B2.9B1.4B1.3B
Net Tangible Assets9.3B6.2B6.3B2.9B2.6B5.0B
Good Will2.3B2.0B1.9B1.7B1.5B1.7B
Deferred Long Term Liab1.0B949.5M878.0M849.9M977.4M650.2M
Short Long Term Debt7.1B6.3B7.2B6.6B3.9B5.1B
Non Current Liabilities Other1.1B357.5M8.8M23.2M20.9M19.8M
Net Invested Capital19.7B17.3B18.3B13.6B(2.1B)(2.0B)
Net Working Capital4.5B3.1B3.5B(1.0B)(9.1B)(8.7B)

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 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.