Hubei Total Current Assets vs Short Term Investments Analysis

688151 Stock   17.06  0.06  0.35%   
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 Total Current Assets and its Short Term Investments 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.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Huaqiang High Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hubei Huaqiang's Total Current Assets and Short Term Investments is -0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments 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 Total Current Assets 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 Assets of Hubei Huaqiang High Tech are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Hubei Huaqiang's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Hubei Huaqiang balance sheet. It contains any investments Hubei Huaqiang High Tech undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hubei Huaqiang High can easily liquidate in the marketplace.
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 Income21.3M45.3M28.9M26.5M
Net Interest Income20.4M45.1M28.8M25.6M

Hubei Huaqiang fundamental ratios Correlations

-0.8-0.931.0-0.68-0.860.960.73-0.890.910.96-0.750.690.03-0.91.0-0.981.00.971.0-0.830.850.91-0.57-0.5
-0.80.86-0.80.920.64-0.71-0.520.94-0.94-0.710.68-0.920.180.83-0.80.88-0.81-0.76-0.810.82-0.75-0.740.380.44
-0.930.86-0.930.830.92-0.82-0.850.96-0.96-0.950.91-0.84-0.170.99-0.930.98-0.9-0.96-0.910.96-0.94-0.970.770.72
1.0-0.8-0.93-0.69-0.860.960.74-0.890.920.97-0.750.70.05-0.91.0-0.980.990.971.0-0.820.840.91-0.58-0.49
-0.680.920.83-0.690.66-0.56-0.630.94-0.92-0.670.65-0.990.110.8-0.690.79-0.66-0.72-0.670.77-0.66-0.680.50.48
-0.860.640.92-0.860.66-0.81-0.90.84-0.83-0.940.9-0.65-0.20.93-0.860.9-0.83-0.93-0.830.89-0.91-0.930.870.81
0.96-0.71-0.820.96-0.56-0.810.59-0.80.820.89-0.620.53-0.16-0.780.96-0.920.970.890.97-0.710.750.79-0.44-0.4
0.73-0.52-0.850.74-0.63-0.90.59-0.750.750.88-0.830.670.52-0.860.74-0.760.670.880.68-0.770.780.88-0.93-0.71
-0.890.940.96-0.890.940.84-0.8-0.75-1.0-0.870.79-0.930.060.93-0.890.96-0.87-0.91-0.880.89-0.84-0.860.620.59
0.91-0.94-0.960.92-0.92-0.830.820.75-1.00.89-0.790.92-0.02-0.940.92-0.970.90.920.9-0.890.840.88-0.6-0.56
0.96-0.71-0.950.97-0.67-0.940.890.88-0.870.89-0.830.690.25-0.940.97-0.950.941.00.94-0.850.880.96-0.75-0.61
-0.750.680.91-0.750.650.9-0.62-0.830.79-0.79-0.83-0.68-0.350.95-0.750.83-0.71-0.82-0.710.97-0.98-0.940.890.93
0.69-0.92-0.840.7-0.99-0.650.530.67-0.930.920.69-0.680.02-0.820.7-0.80.660.740.68-0.790.680.72-0.54-0.49
0.030.18-0.170.050.11-0.2-0.160.520.06-0.020.25-0.350.02-0.220.05-0.01-0.040.2-0.02-0.180.230.34-0.56-0.34
-0.90.830.99-0.90.80.93-0.78-0.860.93-0.94-0.940.95-0.82-0.22-0.90.96-0.87-0.95-0.880.98-0.97-0.980.810.78
1.0-0.8-0.931.0-0.69-0.860.960.74-0.890.920.97-0.750.70.05-0.9-0.980.990.971.0-0.820.840.91-0.58-0.49
-0.980.880.98-0.980.790.9-0.92-0.760.96-0.97-0.950.83-0.8-0.010.96-0.98-0.97-0.97-0.970.91-0.9-0.930.640.61
1.0-0.81-0.90.99-0.66-0.830.970.67-0.870.90.94-0.710.66-0.04-0.870.99-0.970.941.0-0.80.830.88-0.51-0.45
0.97-0.76-0.960.97-0.72-0.930.890.88-0.910.921.0-0.820.740.2-0.950.97-0.970.940.95-0.860.880.95-0.73-0.6
1.0-0.81-0.911.0-0.67-0.830.970.68-0.880.90.94-0.710.68-0.02-0.881.0-0.971.00.95-0.80.820.88-0.52-0.45
-0.830.820.96-0.820.770.89-0.71-0.770.89-0.89-0.850.97-0.79-0.180.98-0.820.91-0.8-0.86-0.8-0.98-0.950.790.85
0.85-0.75-0.940.84-0.66-0.910.750.78-0.840.840.88-0.980.680.23-0.970.84-0.90.830.880.82-0.980.97-0.8-0.86
0.91-0.74-0.970.91-0.68-0.930.790.88-0.860.880.96-0.940.720.34-0.980.91-0.930.880.950.88-0.950.97-0.83-0.77
-0.570.380.77-0.580.50.87-0.44-0.930.62-0.6-0.750.89-0.54-0.560.81-0.580.64-0.51-0.73-0.520.79-0.8-0.830.9
-0.50.440.72-0.490.480.81-0.4-0.710.59-0.56-0.610.93-0.49-0.340.78-0.490.61-0.45-0.6-0.450.85-0.86-0.770.9
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Hubei Huaqiang Account Relationship Matchups

Currently Active Assets on Macroaxis

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.