Hunan Property Plant And Equipment Net vs Total Assets Analysis

301259 Stock   45.93  2.20  5.03%   
Hunan Airbluer financial indicator trend analysis is much more than just examining Hunan Airbluer Envir latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Airbluer Envir is a good investment. Please check the relationship between Hunan Airbluer Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Airbluer Environmental. 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Airbluer Envir Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hunan Airbluer's Property Plant And Equipment Net and Total Assets is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hunan Airbluer Environmental, assuming nothing else is changed. The correlation between historical values of Hunan Airbluer's Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of Hunan Airbluer Environmental are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Hunan Airbluer's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Hunan Airbluer assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hunan Airbluer Envir books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Hunan Airbluer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Airbluer Envir 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 Airbluer Environmental. 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 Tax Provision is expected to grow to about (5.8 M). In addition to that, Selling General Administrative is expected to decline to about 22.2 M
 2022 2023 2024 (projected)
Interest Expense4.7M4.7M3.1M
Interest Income5.3M9.5M9.9M

Hunan Airbluer fundamental ratios Correlations

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0.990.920.970.950.89-0.010.950.290.930.92-0.780.910.970.980.940.84-0.520.57-0.670.950.950.560.320.60.62
0.920.920.850.991.00.130.840.540.850.83-0.930.760.980.860.960.63-0.450.42-0.680.790.790.350.360.460.42
0.990.970.850.890.81-0.160.990.10.960.89-0.740.830.911.00.850.91-0.530.47-0.630.990.990.630.310.630.68
0.950.950.990.890.980.020.890.490.910.88-0.930.791.00.90.940.72-0.510.39-0.690.850.840.480.270.550.54
0.890.891.00.810.980.140.810.580.830.81-0.940.720.970.820.940.59-0.450.38-0.670.750.750.330.340.440.4
-0.1-0.010.13-0.160.020.14-0.250.61-0.32-0.290.080.130.02-0.160.27-0.510.590.520.35-0.24-0.25-0.780.72-0.7-0.75
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0.240.290.540.10.490.580.610.110.160.11-0.540.30.450.140.5-0.150.260.170.020.010.01-0.260.3-0.27-0.26
0.970.930.850.960.910.83-0.320.990.160.91-0.840.750.920.970.790.93-0.60.26-0.680.960.960.730.120.720.77
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0.850.910.760.830.790.720.130.790.30.750.83-0.520.830.850.870.74-0.440.79-0.540.830.830.510.250.520.55
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0.990.980.861.00.90.82-0.160.990.140.970.9-0.750.850.930.860.91-0.540.47-0.640.990.990.640.280.640.69
0.90.940.960.850.940.940.270.810.50.790.82-0.790.870.950.860.61-0.420.66-0.650.80.80.290.450.420.37
0.870.840.630.910.720.59-0.510.93-0.150.930.89-0.580.740.760.910.61-0.670.29-0.640.950.950.88-0.060.820.91
-0.53-0.52-0.45-0.53-0.51-0.450.59-0.550.26-0.6-0.810.43-0.44-0.51-0.54-0.42-0.67-0.140.94-0.59-0.59-0.760.46-0.96-0.82
0.470.570.420.470.390.380.520.350.170.260.44-0.050.790.450.470.660.29-0.14-0.270.470.460.010.480.110.07
-0.67-0.67-0.68-0.63-0.69-0.670.35-0.640.02-0.68-0.880.62-0.54-0.69-0.64-0.65-0.640.94-0.27-0.66-0.66-0.610.21-0.86-0.7
0.970.950.790.990.850.75-0.240.980.010.960.91-0.680.830.880.990.80.95-0.590.47-0.661.00.70.230.70.75
0.970.950.790.990.840.75-0.250.980.010.960.91-0.680.830.880.990.80.95-0.590.46-0.661.00.70.220.70.75
0.590.560.350.630.480.33-0.780.69-0.260.730.76-0.40.510.50.640.290.88-0.760.01-0.610.70.7-0.520.910.99
0.310.320.360.310.270.340.720.230.30.12-0.05-0.180.250.290.280.45-0.060.460.480.210.230.22-0.52-0.49-0.47
0.620.60.460.630.550.44-0.70.67-0.270.720.86-0.460.520.560.640.420.82-0.960.11-0.860.70.70.91-0.490.95
0.650.620.420.680.540.4-0.750.73-0.260.770.82-0.450.550.560.690.370.91-0.820.07-0.70.750.750.99-0.470.95
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Hunan Airbluer Account Relationship Matchups

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Other Information on Investing in Hunan Stock

Balance Sheet is a snapshot of the financial position of Hunan Airbluer Envir at a specified time, usually calculated after every quarter, six months, or one year. Hunan Airbluer Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan Airbluer 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.