Hannan Pb Ratio vs Days Sales Outstanding Analysis
HAN Stock | CAD 0.68 0.05 6.85% |
Hannan Metals financial indicator trend analysis is much more than just examining Hannan Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannan Metals is a good investment. Please check the relationship between Hannan Metals Pb Ratio and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan Metals. 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.
Pb Ratio vs Days Sales Outstanding
Pb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannan Metals Pb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hannan Metals' Pb Ratio and Days Sales Outstanding is -0.15. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Hannan Metals, assuming nothing else is changed. The correlation between historical values of Hannan Metals' Pb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Hannan Metals are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., Hannan Metals' Pb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Days Sales Outstanding
Most indicators from Hannan Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannan Metals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan Metals. 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. At this time, Hannan Metals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 20.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 65.7 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 898.2K | 1.6M | 1.9M | 1.1M | Depreciation And Amortization | 6.5K | 4.5K | 5.2K | 4.9K |
Hannan Metals fundamental ratios Correlations
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Hannan Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hannan Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5M | 7.2M | 8.3M | 11.7M | 6.9M | 6.6M | |
Total Current Liabilities | 469.5K | 238.0K | 283.5K | 347.5K | 325.2K | 308.9K | |
Total Stockholder Equity | 6.0M | 7.0M | 8.1M | 11.4M | 6.6M | 4.4M | |
Property Plant And Equipment Net | 4.7M | 5.4M | 5.9M | 8.3M | 5.8M | 4.8M | |
Net Debt | (1.5M) | (1.8M) | (2.4M) | (3.3M) | (3.0M) | (2.8M) | |
Retained Earnings | (8.8M) | (10.3M) | (11.2M) | (12.9M) | (18.6M) | (19.6M) | |
Accounts Payable | 234.6K | 238.0K | 283.5K | 347.5K | 325.2K | 247.1K | |
Cash | 1.7M | 1.8M | 2.4M | 3.3M | 945.4K | 949.8K | |
Non Current Assets Total | 4.7M | 5.4M | 5.9M | 8.3M | 5.8M | 6.1M | |
Cash And Short Term Investments | 1.7M | 1.8M | 2.4M | 3.3M | 3.8M | 4.0M | |
Net Receivables | 9.2K | 16.2K | 6.7K | 23.7K | 21.3K | 21.4K | |
Common Stock Shares Outstanding | 60.1M | 80.9M | 91.4M | 99.6M | 109.6M | 115.0M | |
Liabilities And Stockholders Equity | 6.5M | 7.2M | 8.3M | 11.7M | 13.5M | 14.1M | |
Other Current Assets | 85.9K | 72.3K | 56.7K | 97.8K | 112.5K | 118.1K | |
Other Stockholder Equity | 4.3M | 4.3M | 4.3M | 5.0M | 4.5M | 4.2M | |
Total Liab | 469.5K | 238.0K | 283.5K | 347.5K | 325.2K | 308.9K | |
Total Current Assets | 1.8M | 1.9M | 2.4M | 3.4M | 1.1M | 1.0M | |
Other Current Liab | 20K | 51.1K | 49.9K | 33.2K | 29.9K | 28.4K | |
Accumulated Other Comprehensive Income | 4.3M | 4.3M | 4.3M | 5.0M | 5.7M | 3.8M | |
Net Tangible Assets | 6.0M | 7.0M | 8.1M | 11.4M | 13.1M | 13.7M | |
Common Stock | 10.5M | 13.0M | 15.0M | 19.3M | 17.4M | 19.6M | |
Property Plant Equipment | 4.7M | 5.4M | 5.9M | 8.3M | 9.5M | 10.0M | |
Net Invested Capital | 6.2M | 7.0M | 8.1M | 11.4M | 6.6M | 6.7M | |
Net Working Capital | 1.3M | 1.7M | 2.2M | 3.1M | 737.9K | 1.2M | |
Capital Stock | 10.5M | 13.0M | 15.0M | 19.3M | 19.4M | 15.6M |
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When running Hannan Metals' price analysis, check to measure Hannan Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.