Huizhou Total Current Liabilities vs Cash And Short Term Investments Analysis

002920 Stock

112.75 1.13 0.99%

Huizhou Desay financial indicator trend analysis is much more than just examining Huizhou Desay SV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huizhou Desay SV is a good investment. Please check the relationship between Huizhou Desay Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huizhou Desay SV. 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 Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huizhou Desay SV Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Huizhou Desay's Total Current Liabilities and Cash And Short Term Investments is 0.47. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Huizhou Desay SV, assuming nothing else is changed. The correlation between historical values of Huizhou Desay's Total Current Liabilities and Cash And Short Term Investments 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 Current Liabilities of Huizhou Desay SV are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Huizhou Desay's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Huizhou Desay balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huizhou Desay SV are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Huizhou Desay SV balance sheet. This account contains Huizhou Desay investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Huizhou Desay SV fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Huizhou Desay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huizhou Desay SV 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 Huizhou Desay SV. 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.

The current year's Selling General Administrative is expected to grow to about 183.7 M, whereas Tax Provision is projected to grow to (3.2 M).

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	21.3M	35.6M	37.4M
Depreciation And Amortization	346.1M	580.7M	520.6M	546.6M

Interest Expense Depreciation And Amortization

Huizhou Desay fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.83	0.89	0.97	0.97	0.99	0.45	0.57	0.99	0.84	0.56	0.99	0.49	0.57	0.98	0.98	0.96	0.28	0.71	0.98	1.0	0.78	0.83	0.68	0.82	-0.42
Short Long Term Debt Total	0.83		0.86	0.91	0.7	0.84	0.07	0.86	0.84	0.56	0.36	0.81	0.05	0.25	0.92	0.81	0.8	-0.01	0.28	0.9	0.83	0.99	0.47	0.31	0.44	-0.57
Other Current Liab	0.89	0.86		0.92	0.8	0.91	0.08	0.73	0.91	0.75	0.35	0.9	0.17	0.24	0.91	0.95	0.91	0.25	0.46	0.93	0.89	0.8	0.61	0.4	0.58	-0.73
Total Current Liabilities	0.97	0.91	0.92		0.88	0.98	0.37	0.7	0.97	0.82	0.49	0.97	0.38	0.47	0.98	0.96	0.97	0.11	0.53	1.0	0.97	0.87	0.73	0.55	0.69	-0.47
Total Stockholder Equity	0.97	0.7	0.8	0.88		0.95	0.53	0.4	0.96	0.81	0.61	0.95	0.58	0.65	0.91	0.93	0.89	0.42	0.86	0.89	0.97	0.64	0.89	0.77	0.89	-0.32
Property Plant And Equipment Net	0.99	0.84	0.91	0.98	0.95		0.44	0.61	0.99	0.85	0.5	1.0	0.5	0.53	0.98	0.98	0.97	0.22	0.66	0.98	0.99	0.78	0.82	0.62	0.78	-0.44
Current Deferred Revenue	0.45	0.07	0.08	0.37	0.53	0.44		-0.16	0.43	0.49	0.42	0.45	0.82	0.69	0.35	0.32	0.41	0.07	0.61	0.36	0.45	0.06	0.6	0.56	0.6	0.35
Net Debt	0.57	0.86	0.73	0.7	0.4	0.61	-0.16		0.62	0.32	-0.15	0.6	-0.1	-0.22	0.72	0.59	0.57	-0.05	-0.08	0.69	0.56	0.86	0.21	-0.03	0.13	-0.6
Retained Earnings	0.99	0.84	0.91	0.97	0.96	0.99	0.43	0.62		0.82	0.49	0.99	0.48	0.51	0.98	0.97	0.95	0.27	0.68	0.97	0.99	0.78	0.82	0.6	0.78	-0.45
Accounts Payable	0.84	0.56	0.75	0.82	0.81	0.85	0.49	0.32	0.82		0.54	0.85	0.56	0.56	0.77	0.86	0.9	0.21	0.69	0.83	0.84	0.48	0.89	0.69	0.84	-0.29
Cash	0.56	0.36	0.35	0.49	0.61	0.5	0.42	-0.15	0.49	0.54		0.49	0.28	0.9	0.46	0.51	0.51	0.04	0.7	0.49	0.58	0.35	0.58	0.65	0.64	-0.02
Non Current Assets Total	0.99	0.81	0.9	0.97	0.95	1.0	0.45	0.6	0.99	0.85	0.49		0.52	0.52	0.97	0.98	0.96	0.25	0.68	0.97	0.99	0.75	0.84	0.62	0.79	-0.41
Non Currrent Assets Other	0.49	0.05	0.17	0.38	0.58	0.5	0.82	-0.1	0.48	0.56	0.28	0.52		0.64	0.38	0.39	0.43	0.07	0.63	0.38	0.47	0.01	0.75	0.58	0.62	0.27
Cash And Short Term Investments	0.57	0.25	0.24	0.47	0.65	0.53	0.69	-0.22	0.51	0.56	0.9	0.52	0.64		0.45	0.46	0.49	-0.03	0.76	0.47	0.58	0.24	0.7	0.7	0.69	0.17
Net Receivables	0.98	0.92	0.91	0.98	0.91	0.98	0.35	0.72	0.98	0.77	0.46	0.97	0.38	0.45		0.95	0.93	0.18	0.58	0.98	0.98	0.88	0.75	0.56	0.71	-0.48
Non Current Liabilities Total	0.98	0.81	0.95	0.96	0.93	0.98	0.32	0.59	0.97	0.86	0.51	0.98	0.39	0.46	0.95		0.97	0.33	0.67	0.97	0.97	0.75	0.79	0.63	0.79	-0.52
Inventory	0.96	0.8	0.91	0.97	0.89	0.97	0.41	0.57	0.95	0.9	0.51	0.96	0.43	0.49	0.93	0.97		0.18	0.6	0.97	0.95	0.73	0.77	0.6	0.74	-0.45
Other Current Assets	0.28	-0.01	0.25	0.11	0.42	0.22	0.07	-0.05	0.27	0.21	0.04	0.25	0.07	-0.03	0.18	0.33	0.18		0.59	0.14	0.28	-0.07	0.32	0.5	0.52	-0.18
Other Stockholder Equity	0.71	0.28	0.46	0.53	0.86	0.66	0.61	-0.08	0.68	0.69	0.7	0.68	0.63	0.76	0.58	0.67	0.6	0.59		0.55	0.72	0.22	0.87	0.86	0.92	-0.05
Total Liab	0.98	0.9	0.93	1.0	0.89	0.98	0.36	0.69	0.97	0.83	0.49	0.97	0.38	0.47	0.98	0.97	0.97	0.14	0.55		0.97	0.86	0.74	0.56	0.71	-0.48
Total Current Assets	1.0	0.83	0.89	0.97	0.97	0.99	0.45	0.56	0.99	0.84	0.58	0.99	0.47	0.58	0.98	0.97	0.95	0.28	0.72	0.97		0.78	0.83	0.69	0.82	-0.42
Short Term Debt	0.78	0.99	0.8	0.87	0.64	0.78	0.06	0.86	0.78	0.48	0.35	0.75	0.01	0.24	0.88	0.75	0.73	-0.07	0.22	0.86	0.78		0.41	0.28	0.39	-0.53
Intangible Assets	0.83	0.47	0.61	0.73	0.89	0.82	0.6	0.21	0.82	0.89	0.58	0.84	0.75	0.7	0.75	0.79	0.77	0.32	0.87	0.74	0.83	0.41		0.79	0.94	-0.1
Common Stock	0.68	0.31	0.4	0.55	0.77	0.62	0.56	-0.03	0.6	0.69	0.65	0.62	0.58	0.7	0.56	0.63	0.6	0.5	0.86	0.56	0.69	0.28	0.79		0.89	0.03
Other Liab	0.82	0.44	0.58	0.69	0.89	0.78	0.6	0.13	0.78	0.84	0.64	0.79	0.62	0.69	0.71	0.79	0.74	0.52	0.92	0.71	0.82	0.39	0.94	0.89		-0.1
Other Assets	-0.42	-0.57	-0.73	-0.47	-0.32	-0.44	0.35	-0.6	-0.45	-0.29	-0.02	-0.41	0.27	0.17	-0.48	-0.52	-0.45	-0.18	-0.05	-0.48	-0.42	-0.53	-0.1	0.03	-0.1

Click cells to compare fundamentals

Huizhou Desay Account Relationship Matchups

Huizhou Desay fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	7.5B	10.2B	13.8B	18.0B	18.9B
Other Current Liab	5.9M	19.6M	23.6M	1.0B	1.1B	1.2B
Total Current Liabilities	1.8B	2.6B	4.3B	6.2B	8.7B	9.2B
Total Stockholder Equity	4.2B	4.6B	5.3B	6.5B	8.0B	8.3B
Property Plant And Equipment Net	706.7M	1.0B	1.3B	1.9B	2.3B	2.5B
Net Debt	(341.6M)	(608.6M)	(794.6M)	(42.2M)	2.7B	2.8B
Retained Earnings	1.3B	1.7B	2.3B	3.3B	4.5B	4.8B
Accounts Payable	1.4B	2.0B	2.8B	4.3B	4.1B	2.1B
Cash	347.6M	611.5M	1.2B	1.1B	1.3B	808.5M
Non Current Assets Total	1.6B	1.9B	2.5B	3.5B	4.3B	4.6B
Non Currrent Assets Other	343.0M	1.2B	1.1B	514.5M	363.8M	393.5M
Cash And Short Term Investments	447.7M	1.7B	2.0B	1.1B	1.3B	1.0B
Net Receivables	2.0B	2.8B	3.4B	4.8B	8.8B	9.2B
Liabilities And Stockholders Equity	6.3B	7.5B	10.2B	13.8B	18.0B	18.9B
Non Current Liabilities Total	378.3M	345.9M	447.2M	1.1B	1.1B	1.1B
Inventory	896.8M	1.1B	2.0B	3.4B	3.3B	3.4B
Other Current Assets	1.4B	32.9M	206.5M	833.0M	345.0M	497.9M
Other Stockholder Equity	2.2B	2.3B	2.1B	2.3B	2.3B	1.6B
Total Liab	2.1B	2.9B	4.7B	7.2B	9.8B	10.3B
Total Current Assets	4.8B	5.6B	7.7B	10.2B	13.7B	14.4B
Intangible Assets	223.2M	317.5M	280.2M	312.0M	397.8M	214.3M
Other Liab	375.5M	345.6M	403.6M	428.8M	493.1M	336.8M
Other Assets	1.0	363.1M	241.4M	323.2M	1.15	1.09
Short Term Investments	100.1M	1.1B	831.8M	18.4M	30.9M	29.4M
Property Plant Equipment	706.7M	1.0B	1.3B	1.9B	2.1B	2.2B
Net Tangible Assets	4.0B	4.3B	5.0B	6.2B	7.1B	4.0B
Common Stock Shares Outstanding	450.0M	547.5M	550M	556.2M	552.4M	569.0M
Deferred Long Term Liab	89.8M	88.0M	98.1M	105.7M	121.5M	104.1M
Non Current Liabilities Other	315.8M	295.9M	250.8M	307.6M	264.2M	233.8M
Net Invested Capital	4.2B	4.6B	5.7B	7.5B	8.9B	6.2B
Net Working Capital	3.0B	3.0B	3.4B	4.1B	5.0B	3.9B

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Huizhou Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Huizhou Total Current Liabilities vs Cash And Short Term Investments Analysis

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash And Short Term Investments

Huizhou Desay fundamental ratios Correlations

Huizhou Desay Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huizhou Desay fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Huizhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Assets	- 0.73	Other Current Liab
Other Assets	- 0.6	Net Debt
Other Assets	- 0.57	Short Long Term Debt Total
Other Assets	- 0.53	Short Term Debt
Other Assets	- 0.52	Non Current Liabilities Total
Other Assets	- 0.48	Total Liab