| 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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huize Holding Total Current Liabilities account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Huize Holding's Total Current Liabilities and Cash is 0.86. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash 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 Liabilities of Huize Holding are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Huize Holding's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.
Cash
Cash refers to the most liquid asset of Huize Holding, which is listed under current asset account on Huize Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Huize Holding customers. The amounts must be unrestricted with restricted cash listed in a different Huize Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
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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
When running Huize Holding's price analysis, check to
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.