Hubei Interest Expense vs Cost Of Revenue Analysis

688151 Stock

17.01 0.16 0.95%

Hubei Huaqiang financial indicator trend analysis is much more than just examining Hubei Huaqiang High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Huaqiang High is a good investment. Please check the relationship between Hubei Huaqiang Interest Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Huaqiang High Tech. 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.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Huaqiang High Interest Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hubei Huaqiang's Interest Expense and Cost Of Revenue is 0.98. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hubei Huaqiang High Tech, assuming nothing else is changed. The correlation between historical values of Hubei Huaqiang's Interest Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Hubei Huaqiang High Tech are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Expense i.e., Hubei Huaqiang's Interest Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on Hubei Huaqiang High income statement and represents the costs associated with goods and services Hubei Huaqiang provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Hubei Huaqiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Huaqiang High 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 Hubei Huaqiang High Tech. 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 (3.6 M). In addition to that, Selling General Administrative is expected to decline to about 27.4 M

	2021	2022	2023	2024 (projected)
Interest Income	21.3M	45.3M	28.9M	26.5M
Net Interest Income	20.4M	45.1M	28.8M	25.6M

Interest Income Net Interest Income

Hubei Huaqiang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Term Investments	Capital Lease Obligations
Total Assets		-0.8	-0.93	1.0	-0.68	-0.86	0.96	0.73	-0.89	0.91	0.96	-0.75	0.69	0.03	-0.9	1.0	-0.98	1.0	0.97	1.0	-0.83	0.85	0.91	-0.57	-0.5
Other Current Liab	-0.8		0.86	-0.8	0.92	0.64	-0.71	-0.52	0.94	-0.94	-0.71	0.68	-0.92	0.18	0.83	-0.8	0.88	-0.81	-0.76	-0.81	0.82	-0.75	-0.74	0.38	0.44
Total Current Liabilities	-0.93	0.86		-0.93	0.83	0.92	-0.82	-0.85	0.96	-0.96	-0.95	0.91	-0.84	-0.17	0.99	-0.93	0.98	-0.9	-0.96	-0.91	0.96	-0.94	-0.97	0.77	0.72
Total Stockholder Equity	1.0	-0.8	-0.93		-0.69	-0.86	0.96	0.74	-0.89	0.92	0.97	-0.75	0.7	0.05	-0.9	1.0	-0.98	0.99	0.97	1.0	-0.82	0.84	0.91	-0.58	-0.49
Retained Earnings	-0.68	0.92	0.83	-0.69		0.66	-0.56	-0.63	0.94	-0.92	-0.67	0.65	-0.99	0.11	0.8	-0.69	0.79	-0.66	-0.72	-0.67	0.77	-0.66	-0.68	0.5	0.48
Accounts Payable	-0.86	0.64	0.92	-0.86	0.66		-0.81	-0.9	0.84	-0.83	-0.94	0.9	-0.65	-0.2	0.93	-0.86	0.9	-0.83	-0.93	-0.83	0.89	-0.91	-0.93	0.87	0.81
Cash	0.96	-0.71	-0.82	0.96	-0.56	-0.81		0.59	-0.8	0.82	0.89	-0.62	0.53	-0.16	-0.78	0.96	-0.92	0.97	0.89	0.97	-0.71	0.75	0.79	-0.44	-0.4
Non Current Assets Total	0.73	-0.52	-0.85	0.74	-0.63	-0.9	0.59		-0.75	0.75	0.88	-0.83	0.67	0.52	-0.86	0.74	-0.76	0.67	0.88	0.68	-0.77	0.78	0.88	-0.93	-0.71
Non Currrent Assets Other	-0.89	0.94	0.96	-0.89	0.94	0.84	-0.8	-0.75		-1.0	-0.87	0.79	-0.93	0.06	0.93	-0.89	0.96	-0.87	-0.91	-0.88	0.89	-0.84	-0.86	0.62	0.59
Net Receivables	0.91	-0.94	-0.96	0.92	-0.92	-0.83	0.82	0.75	-1.0		0.89	-0.79	0.92	-0.02	-0.94	0.92	-0.97	0.9	0.92	0.9	-0.89	0.84	0.88	-0.6	-0.56
Common Stock Shares Outstanding	0.96	-0.71	-0.95	0.97	-0.67	-0.94	0.89	0.88	-0.87	0.89		-0.83	0.69	0.25	-0.94	0.97	-0.95	0.94	1.0	0.94	-0.85	0.88	0.96	-0.75	-0.61
Non Current Liabilities Total	-0.75	0.68	0.91	-0.75	0.65	0.9	-0.62	-0.83	0.79	-0.79	-0.83		-0.68	-0.35	0.95	-0.75	0.83	-0.71	-0.82	-0.71	0.97	-0.98	-0.94	0.89	0.93
Inventory	0.69	-0.92	-0.84	0.7	-0.99	-0.65	0.53	0.67	-0.93	0.92	0.69	-0.68		0.02	-0.82	0.7	-0.8	0.66	0.74	0.68	-0.79	0.68	0.72	-0.54	-0.49
Other Current Assets	0.03	0.18	-0.17	0.05	0.11	-0.2	-0.16	0.52	0.06	-0.02	0.25	-0.35	0.02		-0.22	0.05	-0.01	-0.04	0.2	-0.02	-0.18	0.23	0.34	-0.56	-0.34
Total Liab	-0.9	0.83	0.99	-0.9	0.8	0.93	-0.78	-0.86	0.93	-0.94	-0.94	0.95	-0.82	-0.22		-0.9	0.96	-0.87	-0.95	-0.88	0.98	-0.97	-0.98	0.81	0.78
Net Invested Capital	1.0	-0.8	-0.93	1.0	-0.69	-0.86	0.96	0.74	-0.89	0.92	0.97	-0.75	0.7	0.05	-0.9		-0.98	0.99	0.97	1.0	-0.82	0.84	0.91	-0.58	-0.49
Short Long Term Debt	-0.98	0.88	0.98	-0.98	0.79	0.9	-0.92	-0.76	0.96	-0.97	-0.95	0.83	-0.8	-0.01	0.96	-0.98		-0.97	-0.97	-0.97	0.91	-0.9	-0.93	0.64	0.61
Total Current Assets	1.0	-0.81	-0.9	0.99	-0.66	-0.83	0.97	0.67	-0.87	0.9	0.94	-0.71	0.66	-0.04	-0.87	0.99	-0.97		0.94	1.0	-0.8	0.83	0.88	-0.51	-0.45
Capital Stock	0.97	-0.76	-0.96	0.97	-0.72	-0.93	0.89	0.88	-0.91	0.92	1.0	-0.82	0.74	0.2	-0.95	0.97	-0.97	0.94		0.95	-0.86	0.88	0.95	-0.73	-0.6
Net Working Capital	1.0	-0.81	-0.91	1.0	-0.67	-0.83	0.97	0.68	-0.88	0.9	0.94	-0.71	0.68	-0.02	-0.88	1.0	-0.97	1.0	0.95		-0.8	0.82	0.88	-0.52	-0.45
Intangible Assets	-0.83	0.82	0.96	-0.82	0.77	0.89	-0.71	-0.77	0.89	-0.89	-0.85	0.97	-0.79	-0.18	0.98	-0.82	0.91	-0.8	-0.86	-0.8		-0.98	-0.95	0.79	0.85
Property Plant And Equipment Net	0.85	-0.75	-0.94	0.84	-0.66	-0.91	0.75	0.78	-0.84	0.84	0.88	-0.98	0.68	0.23	-0.97	0.84	-0.9	0.83	0.88	0.82	-0.98		0.97	-0.8	-0.86
Property Plant And Equipment Gross	0.91	-0.74	-0.97	0.91	-0.68	-0.93	0.79	0.88	-0.86	0.88	0.96	-0.94	0.72	0.34	-0.98	0.91	-0.93	0.88	0.95	0.88	-0.95	0.97		-0.83	-0.77
Short Term Investments	-0.57	0.38	0.77	-0.58	0.5	0.87	-0.44	-0.93	0.62	-0.6	-0.75	0.89	-0.54	-0.56	0.81	-0.58	0.64	-0.51	-0.73	-0.52	0.79	-0.8	-0.83		0.9
Capital Lease Obligations	-0.5	0.44	0.72	-0.49	0.48	0.81	-0.4	-0.71	0.59	-0.56	-0.61	0.93	-0.49	-0.34	0.78	-0.49	0.61	-0.45	-0.6	-0.45	0.85	-0.86	-0.77	0.9

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Other Information on Investing in Hubei Stock

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

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Hubei Interest Expense vs Cost Of Revenue Analysis

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Interest Expense

Cost Of Revenue

Hubei Huaqiang fundamental ratios Correlations

Hubei Huaqiang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Hubei Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity

Net Receivables	- 1.0	Non Currrent Assets Other
Inventory	- 0.99	Retained Earnings
Property Plant And Equipment Net	- 0.98	Intangible Assets
Short Long Term Debt	- 0.98	Net Invested Capital
Property Plant And Equipment Gross	- 0.98	Total Liab
Property Plant And Equipment Net	- 0.98	Non Current Liabilities Total