Hangzhou Retained Earnings vs Other Current Assets Analysis

301009 Stock   9.79  0.29  2.88%   
Hangzhou Coco financial indicator trend analysis is much more than just examining Hangzhou Coco Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Coco Healthcare is a good investment. Please check the relationship between Hangzhou Coco Retained Earnings and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Coco Healthcare. 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.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Coco Healthcare Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Hangzhou Coco's Retained Earnings and Other Current Assets is -0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Hangzhou Coco Healthcare, assuming nothing else is changed. The correlation between historical values of Hangzhou Coco's Retained Earnings and Other Current 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 Retained Earnings of Hangzhou Coco Healthcare are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Hangzhou Coco's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Hangzhou Coco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Coco Healthcare 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 Hangzhou Coco Healthcare. 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 4, 2024, Tax Provision is expected to decline to about 1.6 M. In addition to that, Selling General Administrative is expected to decline to about 100.1 M
 2021 2022 2023 2024 (projected)
Interest Expense961.7K276.3K650.6K618.1K
Interest Income12.6M23.3M24.2M16.8M

Hangzhou Coco fundamental ratios Correlations

-0.94-0.510.990.95-0.40.981.0-0.60.490.930.780.47-0.86-0.410.99-0.611.00.930.970.960.95-0.540.930.42
-0.940.22-0.88-0.990.13-0.88-0.940.39-0.58-0.79-0.69-0.360.730.1-0.90.31-0.94-0.79-0.85-0.8-0.80.47-0.8-0.37
-0.510.22-0.61-0.240.98-0.58-0.510.93-0.24-0.71-0.74-0.480.770.99-0.580.96-0.52-0.71-0.65-0.72-0.710.56-0.76-0.38
0.99-0.88-0.610.9-0.490.990.98-0.670.460.960.790.5-0.9-0.511.0-0.710.990.961.00.990.96-0.510.960.42
0.95-0.99-0.240.9-0.130.90.96-0.380.510.80.660.38-0.71-0.130.92-0.350.950.80.860.830.84-0.480.80.36
-0.40.130.98-0.49-0.13-0.46-0.40.95-0.29-0.62-0.75-0.430.730.97-0.470.89-0.4-0.62-0.54-0.6-0.610.61-0.69-0.38
0.98-0.88-0.580.990.9-0.460.98-0.630.360.960.770.4-0.86-0.490.99-0.70.990.960.990.970.95-0.520.940.5
1.0-0.94-0.510.980.96-0.40.98-0.60.510.920.780.5-0.85-0.410.99-0.611.00.920.970.950.95-0.550.930.4
-0.60.390.93-0.67-0.380.95-0.63-0.6-0.44-0.79-0.92-0.380.880.88-0.650.84-0.6-0.79-0.7-0.73-0.740.73-0.85-0.55
0.49-0.58-0.240.460.51-0.290.360.51-0.440.370.580.67-0.62-0.170.48-0.130.490.370.440.420.45-0.320.53-0.13
0.93-0.79-0.710.960.8-0.620.960.92-0.790.370.880.33-0.93-0.610.95-0.770.941.00.970.960.93-0.610.970.63
0.78-0.69-0.740.790.66-0.750.770.78-0.920.580.880.34-0.93-0.650.79-0.680.780.880.80.80.83-0.840.930.64
0.47-0.36-0.480.50.38-0.430.40.5-0.380.670.330.34-0.5-0.490.49-0.50.460.330.490.560.57-0.110.5-0.47
-0.860.730.77-0.9-0.710.73-0.86-0.850.88-0.62-0.93-0.93-0.50.66-0.890.75-0.86-0.93-0.91-0.9-0.870.59-0.96-0.48
-0.410.10.99-0.51-0.130.97-0.49-0.410.88-0.17-0.61-0.65-0.490.66-0.480.95-0.42-0.61-0.56-0.64-0.650.53-0.67-0.29
0.99-0.9-0.581.00.92-0.470.990.99-0.650.480.950.790.49-0.89-0.48-0.680.990.950.990.980.96-0.510.950.42
-0.610.310.96-0.71-0.350.89-0.7-0.610.84-0.13-0.77-0.68-0.50.750.95-0.68-0.62-0.77-0.75-0.81-0.790.49-0.79-0.36
1.0-0.94-0.520.990.95-0.40.991.0-0.60.490.940.780.46-0.86-0.420.99-0.620.940.980.960.95-0.530.930.43
0.93-0.79-0.710.960.8-0.620.960.92-0.790.371.00.880.33-0.93-0.610.95-0.770.940.970.960.93-0.610.970.63
0.97-0.85-0.651.00.86-0.540.990.97-0.70.440.970.80.49-0.91-0.560.99-0.750.980.970.990.95-0.490.960.44
0.96-0.8-0.720.990.83-0.60.970.95-0.730.420.960.80.56-0.9-0.640.98-0.810.960.960.990.98-0.520.960.39
0.95-0.8-0.710.960.84-0.610.950.95-0.740.450.930.830.57-0.87-0.650.96-0.790.950.930.950.98-0.650.970.4
-0.540.470.56-0.51-0.480.61-0.52-0.550.73-0.32-0.61-0.84-0.110.590.53-0.510.49-0.53-0.61-0.49-0.52-0.65-0.68-0.67
0.93-0.8-0.760.960.8-0.690.940.93-0.850.530.970.930.5-0.96-0.670.95-0.790.930.970.960.960.97-0.680.51
0.42-0.37-0.380.420.36-0.380.50.4-0.55-0.130.630.64-0.47-0.48-0.290.42-0.360.430.630.440.390.4-0.670.51
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Hangzhou Coco Account Relationship Matchups

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Other Information on Investing in Hangzhou Stock

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