HUIZ Stock | | | USD 0.64 0.08 14.29% |
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 Long Term Debt and its Net Tangible Assets 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huize Holding Long Term Debt account and
Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Huize Holding's Long Term Debt and Net Tangible Assets is 0.28. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Huize Holding are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Huize Holding's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Huize Holding has held for over one year. Long-term debt appears on Huize Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Huize Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 3.63 in 2024.
Huize Holding fundamental ratios Correlations
Click cells to compare fundamentals
Huize Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huize Holding fundamental ratios Accounts
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Additional Tools for Huize Stock Analysis
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measure Huize Holding's 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 Huize Holding is operating at the current time. Most of Huize Holding's value examination focuses on studying past and present price action to
predict the probability of Huize Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huize Holding's price. Additionally, you may evaluate how the addition of Huize Holding to your portfolios can decrease your overall portfolio volatility.