Hygon Total Operating Expenses vs Selling General Administrative Analysis
| 688041 Stock | 123.81 2.99 2.36% |
Hygon Information financial indicator trend analysis is much more than just examining Hygon Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hygon Information is a good investment. Please check the relationship between Hygon Information Total Operating Expenses and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hygon Information Technology. 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 Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hygon Information Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between Hygon Information's Total Operating Expenses and Selling General Administrative is 1.0. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hygon Information Technology, assuming nothing else is changed. The correlation between historical values of Hygon Information's Total Operating Expenses and Selling General Administrative 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 Operating Expenses of Hygon Information Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Hygon Information's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Selling General Administrative
Most indicators from Hygon Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hygon Information 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 Hygon Information Technology. 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 (20 M). In addition to that, Selling General Administrative is expected to decline to about 138.6 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 24.6M | 29.5M | 36.2M | 26.3M | Interest Income | 28.3M | 120.1M | 305.1M | 320.4M |
Hygon Information fundamental ratios Correlations
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Hygon Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Hygon Stock
Balance Sheet is a snapshot of the financial position of Hygon Information at a specified time, usually calculated after every quarter, six months, or one year. Hygon Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hygon Information 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 Hygon currently owns. An asset can also be divided into two categories, current and non-current.