Huize Gross Profit Margin vs Total Current Liabilities Analysis

HUIZ Stock  USD 2.94  0.15  5.38%   
Huize Holding financial indicator trend analysis is much more than just examining Huize Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huize Holding is a good investment. Please check the relationship between Huize Holding Gross Profit Margin and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huize Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Huize Stock please use our How to Invest in Huize Holding guide.

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huize Holding Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Huize Holding's Gross Profit Margin and Total Current Liabilities is -0.78. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Huize Holding, assuming nothing else is changed. The correlation between historical values of Huize Holding's Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Huize Holding are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Huize Holding's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Gross Profit Margin

Total Current Liabilities

Total Current Liabilities is an item on Huize Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huize Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Huize Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huize Holding 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 Huize Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Huize Stock please use our How to Invest in Huize Holding guide.At this time, Huize Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 134.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 22.45 in 2024.
 2023 2024 (projected)
Depreciation And Amortization13.6M19.5M
Interest Income1.0M972.3K

Huize Holding fundamental ratios Correlations

0.980.770.950.890.890.920.970.12-0.740.920.970.960.010.250.970.920.840.76-0.79-0.440.840.240.860.840.83
0.980.790.940.870.860.90.980.24-0.780.890.960.95-0.020.150.950.890.810.69-0.7-0.420.770.170.890.870.82
0.770.790.810.480.410.530.730.43-0.30.710.720.63-0.060.30.710.740.490.3-0.41-0.060.420.590.860.510.82
0.950.940.810.760.760.780.870.33-0.730.980.860.870.130.120.850.980.710.72-0.69-0.370.730.250.750.720.91
0.890.870.480.760.960.960.91-0.12-0.740.750.910.92-0.170.180.910.720.950.75-0.88-0.720.840.120.740.940.51
0.890.860.410.760.960.980.9-0.19-0.820.780.910.950.010.20.920.740.870.85-0.82-0.560.92-0.040.670.880.59
0.920.90.530.780.960.980.96-0.16-0.760.770.970.96-0.060.280.970.740.870.78-0.79-0.50.90.080.80.90.63
0.970.980.730.870.910.90.960.07-0.730.830.990.98-0.020.230.990.820.850.67-0.71-0.420.80.20.910.90.75
0.120.240.430.33-0.12-0.19-0.160.07-0.270.29-0.040.060.17-0.6-0.040.330.0-0.230.19-0.06-0.32-0.110.140.10.3
-0.74-0.78-0.3-0.73-0.74-0.82-0.76-0.73-0.27-0.75-0.69-0.82-0.150.25-0.69-0.74-0.69-0.730.580.52-0.680.45-0.46-0.76-0.56
0.920.890.710.980.750.780.770.830.29-0.750.820.870.270.040.821.00.740.74-0.72-0.410.750.170.640.710.86
0.970.960.720.860.910.910.970.99-0.04-0.690.820.97-0.080.361.00.80.850.73-0.77-0.390.870.230.90.860.75
0.960.950.630.870.920.950.960.980.06-0.820.870.970.070.140.970.850.90.74-0.76-0.50.850.060.810.920.71
0.01-0.02-0.060.13-0.170.01-0.06-0.020.17-0.150.27-0.080.07-0.44-0.070.28-0.12-0.030.270.23-0.07-0.19-0.24-0.060.24
0.250.150.30.120.180.20.280.23-0.60.250.040.360.14-0.440.350.040.050.36-0.340.30.480.560.39-0.070.28
0.970.950.710.850.910.920.970.99-0.04-0.690.821.00.97-0.070.350.80.850.73-0.77-0.40.870.230.90.870.74
0.920.890.740.980.720.740.740.820.33-0.741.00.80.850.280.040.80.690.72-0.66-0.360.720.180.650.680.9
0.840.810.490.710.950.870.870.850.0-0.690.740.850.9-0.120.050.850.690.61-0.87-0.790.740.10.70.950.41
0.760.690.30.720.750.850.780.67-0.23-0.730.740.730.74-0.030.360.730.720.61-0.81-0.360.94-0.080.430.540.64
-0.79-0.7-0.41-0.69-0.88-0.82-0.79-0.710.190.58-0.72-0.77-0.760.27-0.34-0.77-0.66-0.87-0.810.7-0.87-0.2-0.55-0.71-0.44
-0.44-0.42-0.06-0.37-0.72-0.56-0.5-0.42-0.060.52-0.41-0.39-0.50.230.3-0.4-0.36-0.79-0.360.7-0.370.08-0.23-0.720.04
0.840.770.420.730.840.920.90.8-0.32-0.680.750.870.85-0.070.480.870.720.740.94-0.87-0.370.060.610.660.64
0.240.170.590.250.12-0.040.080.2-0.110.450.170.230.06-0.190.560.230.180.1-0.08-0.20.080.060.420.020.29
0.860.890.860.750.740.670.80.910.14-0.460.640.90.81-0.240.390.90.650.70.43-0.55-0.230.610.420.760.69
0.840.870.510.720.940.880.90.90.1-0.760.710.860.92-0.06-0.070.870.680.950.54-0.71-0.720.660.020.760.45
0.830.820.820.910.510.590.630.750.3-0.560.860.750.710.240.280.740.90.410.64-0.440.040.640.290.690.45
Click cells to compare fundamentals

Huize Holding Account Relationship Matchups

Huize Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets508.8M1.3B1.9B1.1B947.0M980.4M
Short Long Term Debt Total36.9M350.3M500.8M336.1M176.2M231.3M
Other Current Liab200.5M371.4M460.3M208.0M112.0M106.4M
Total Current Liabilities361.8M556.6M1.2B559.1M395.0M555.7M
Total Stockholder Equity(308.7M)468.7M360.1M340.9M405.2M425.4M
Other Liab575K1.0M4.8M5.1M5.9M6.2M
Net Tangible Assets(310.3M)466.2M338.0M286.9M330.0M346.5M
Property Plant And Equipment Net8.0M277.6M296.3M200.7M170.1M152.0M
Net Debt(51.3M)(54.3M)119.6M58.9M(73.0M)(69.4M)
Retained Earnings(374.0M)(392.3M)(499.9M)(531.1M)(458.2M)(481.1M)
Accounts Payable124.4M138.4M527.9M188.6M220.5M202.5M
Cash88.1M404.6M381.2M277.2M249.3M223.0M
Non Current Assets Total47.3M327.6M436.8M338.9M340.5M243.8M
Non Currrent Assets Other14.2M838K44.8M6.9M42.6M22.1M
Cash And Short Term Investments88.1M404.6M381.2M277.2M258.1M224.4M
Net Receivables212.2M234.8M778.5M301.3M299.9M320.5M
Common Stock Shares Outstanding51.3M48.2M51.1M51.1M50.0M53.9M
Liabilities And Stockholders Equity508.8M1.3B1.9B1.1B947.0M980.4M
Non Current Liabilities Total455.7M310.7M274.3M188.5M141.5M203.2M
Inventory159.7M324.2M181.5M(192.9M)(224K)(212.8K)
Other Current Assets1.5M369.0M261.0M172.2M48.7M46.2M
Other Stockholder Equity(389.7M)882.9M887.2M889.6M877.4M562.2M
Total Liab817.5M867.3M1.5B747.6M536.6M835.1M
Net Invested Capital(271.8M)554.1M596.8M490.9M435.2M239.9M
Long Term Investments23.4M46.1M73.0M77.3M76.7M52.8M
Property Plant And Equipment Gross8.0M277.6M296.3M200.7M212.1M158.6M
Total Current Assets461.5M1.0B1.4B750.7M606.5M736.6M
Accumulated Other Comprehensive Income414K(22.0M)(27.3M)(17.7M)(14.1M)(14.8M)
Net Working Capital99.7M451.8M198.4M191.7M211.4M180.8M
Intangible Assets1.7M2.0M21.6M53.5M50.7M53.3M
Property Plant Equipment6.4M8.0M277.6M296.3M340.7M357.8M
Other Assets14.2M1.4M45.4M6.9M7.9M15.8M
Short Long Term Debt36.9M31.5M216.7M150M30M28.5M
Short Term Debt36.9M44.3M231.6M160.1M46.9M44.6M

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