Hengli Cash vs Net Debt Analysis

000622 Stock

2.36 0.01 0.42%

Hengli Industrial financial indicator trend analysis is much more than just examining Hengli Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hengli Industrial is a good investment. Please check the relationship between Hengli Industrial Cash and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengli Industrial Development. 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.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengli Industrial Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Hengli Industrial's Cash and Net Debt is -0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Hengli Industrial Development, assuming nothing else is changed. The correlation between historical values of Hengli Industrial's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Hengli Industrial Development are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Hengli Industrial's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Hengli Industrial, which is listed under current asset account on Hengli Industrial Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hengli Industrial customers. The amounts must be unrestricted with restricted cash listed in a different Hengli Industrial 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Hengli Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hengli Industrial 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 Hengli Industrial Development. 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.

As of December 11, 2024, Selling General Administrative is expected to decline to about 5.9 M. The current year's Tax Provision is expected to grow to about (813.1 K)

	2021	2023	2024 (projected)
Research Development	1.6M	2.6M	1.4M
Minority Interest	24.6K	28.3K	26.9K

Research Development Minority Interest

Hengli Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Assets	Other Liab
Total Assets		-0.64	0.46	0.04	0.7	-0.06	-0.26	-0.75	-0.63	0.59	0.71	0.14	0.4	0.7	0.29	0.1	-0.56	0.08	0.51	0.06	0.82	-0.5	0.77	0.06	0.04	0.32
Short Long Term Debt Total	-0.64		-0.5	0.66	-0.94	0.48	0.84	0.77	0.38	0.01	-0.6	0.16	-0.36	-0.61	-0.16	-0.29	0.52	-0.3	-0.49	0.63	-0.69	0.92	-0.78	0.08	0.18	-0.57
Other Current Liab	0.46	-0.5		0.04	0.32	-0.35	-0.58	-0.59	-0.19	0.19	0.55	-0.1	0.82	0.59	-0.03	0.13	-0.03	0.13	0.71	0.11	0.5	-0.35	0.33	0.01	-0.01	0.42
Total Current Liabilities	0.04	0.66	0.04		-0.64	0.3	0.78	0.2	-0.18	0.57	-0.01	0.19	0.08	-0.01	-0.1	-0.44	0.19	-0.15	0.07	0.97	-0.08	0.82	-0.29	0.3	0.4	-0.38
Total Stockholder Equity	0.7	-0.94	0.32	-0.64		-0.34	-0.71	-0.77	-0.32	0.07	0.62	-0.11	0.18	0.62	0.27	0.2	-0.5	0.18	0.35	-0.64	0.72	-0.91	0.81	-0.16	-0.21	0.41
Property Plant And Equipment Net	-0.06	0.48	-0.35	0.3	-0.34		0.4	0.42	0.16	0.36	-0.35	0.75	-0.21	-0.39	-0.2	0.14	0.3	-0.36	-0.12	0.33	-0.51	0.3	-0.27	0.3	0.32	-0.28
Current Deferred Revenue	-0.26	0.84	-0.58	0.78	-0.71	0.4		0.5	-0.01	0.26	-0.31	0.19	-0.4	-0.34	-0.06	-0.43	0.18	-0.17	-0.37	0.72	-0.36	0.88	-0.42	0.22	0.3	-0.52
Net Debt	-0.75	0.77	-0.59	0.2	-0.77	0.42	0.5		0.33	-0.31	-0.97	0.21	-0.34	-0.97	0.04	0.19	0.29	-0.18	-0.72	0.25	-0.82	0.6	-0.67	-0.14	-0.16	-0.2
Retained Earnings	-0.63	0.38	-0.19	-0.18	-0.32	0.16	-0.01	0.33		-0.46	-0.27	-0.18	-0.18	-0.29	-0.29	-0.07	0.83	-0.25	-0.35	-0.21	-0.47	0.1	-0.76	-0.2	-0.08	-0.48
Accounts Payable	0.59	0.01	0.19	0.57	0.07	0.36	0.26	-0.31	-0.46		0.4	0.27	0.05	0.41	0.03	-0.4	-0.15	-0.05	0.36	0.5	0.37	0.17	0.32	0.38	0.44	-0.26
Cash	0.71	-0.6	0.55	-0.01	0.62	-0.35	-0.31	-0.97	-0.27	0.4		-0.19	0.29	0.99	-0.11	-0.34	-0.17	0.13	0.72	-0.08	0.78	-0.42	0.55	0.21	0.27	0.05
Non Current Assets Total	0.14	0.16	-0.1	0.19	-0.11	0.75	0.19	0.21	-0.18	0.27	-0.19		0.02	-0.24	-0.18	0.23	0.14	-0.31	0.12	0.28	-0.44	0.17	0.11	0.54	0.49	0.16
Non Currrent Assets Other	0.4	-0.36	0.82	0.08	0.18	-0.21	-0.4	-0.34	-0.18	0.05	0.29	0.02		0.36	-0.09	0.41	-0.06	0.32	0.56	0.23	0.36	-0.25	0.23	0.0	-0.05	0.6
Cash And Short Term Investments	0.7	-0.61	0.59	-0.01	0.62	-0.39	-0.34	-0.97	-0.29	0.41	0.99	-0.24	0.36		-0.13	-0.33	-0.19	0.21	0.74	-0.07	0.81	-0.43	0.56	0.17	0.23	0.06
Net Receivables	0.29	-0.16	-0.03	-0.1	0.27	-0.2	-0.06	0.04	-0.29	0.03	-0.11	-0.18	-0.09	-0.13		0.23	-0.48	-0.42	-0.34	-0.05	0.36	-0.18	0.32	-0.49	-0.48	0.24
Non Current Liabilities Total	0.1	-0.29	0.13	-0.44	0.2	0.14	-0.43	0.19	-0.07	-0.4	-0.34	0.23	0.41	-0.33	0.23		-0.32	0.06	-0.08	-0.24	-0.07	-0.45	0.13	-0.31	-0.45	0.74
Inventory	-0.56	0.52	-0.03	0.19	-0.5	0.3	0.18	0.29	0.83	-0.15	-0.17	0.14	-0.06	-0.19	-0.48	-0.32		-0.32	-0.09	0.15	-0.57	0.39	-0.74	0.25	0.39	-0.53
Other Current Assets	0.08	-0.3	0.13	-0.15	0.18	-0.36	-0.17	-0.18	-0.25	-0.05	0.13	-0.31	0.32	0.21	-0.42	0.06	-0.32		0.14	-0.13	0.25	-0.21	0.25	-0.1	-0.21	0.25
Other Stockholder Equity	0.51	-0.49	0.71	0.07	0.35	-0.12	-0.37	-0.72	-0.35	0.36	0.72	0.12	0.56	0.74	-0.34	-0.08	-0.09	0.14		0.09	0.42	-0.27	0.44	0.52	0.47	0.31
Total Liab	0.06	0.63	0.11	0.97	-0.64	0.33	0.72	0.25	-0.21	0.5	-0.08	0.28	0.23	-0.07	-0.05	-0.24	0.15	-0.13	0.09		-0.11	0.78	-0.25	0.27	0.33	-0.18
Total Current Assets	0.82	-0.69	0.5	-0.08	0.72	-0.51	-0.36	-0.82	-0.47	0.37	0.78	-0.44	0.36	0.81	0.36	-0.07	-0.57	0.25	0.42	-0.11		-0.55	0.67	-0.23	-0.22	0.22
Short Term Debt	-0.5	0.92	-0.35	0.82	-0.91	0.3	0.88	0.6	0.1	0.17	-0.42	0.17	-0.25	-0.43	-0.18	-0.45	0.39	-0.21	-0.27	0.78	-0.55		-0.59	0.29	0.37	-0.47
Common Stock	0.77	-0.78	0.33	-0.29	0.81	-0.27	-0.42	-0.67	-0.76	0.32	0.55	0.11	0.23	0.56	0.32	0.13	-0.74	0.25	0.44	-0.25	0.67	-0.59		0.07	-0.04	0.56
Intangible Assets	0.06	0.08	0.01	0.3	-0.16	0.3	0.22	-0.14	-0.2	0.38	0.21	0.54	0.0	0.17	-0.49	-0.31	0.25	-0.1	0.52	0.27	-0.23	0.29	0.07		0.97	-0.01
Other Assets	0.04	0.18	-0.01	0.4	-0.21	0.32	0.3	-0.16	-0.08	0.44	0.27	0.49	-0.05	0.23	-0.48	-0.45	0.39	-0.21	0.47	0.33	-0.22	0.37	-0.04	0.97		-0.2
Other Liab	0.32	-0.57	0.42	-0.38	0.41	-0.28	-0.52	-0.2	-0.48	-0.26	0.05	0.16	0.6	0.06	0.24	0.74	-0.53	0.25	0.31	-0.18	0.22	-0.47	0.56	-0.01	-0.2

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Hengli Industrial Account Relationship Matchups

Hengli Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	316.4M	387.8M	342.9M	326.9M	395.9M	391.7M
Other Current Liab	21.4M	10.0M	1.7M	30.3M	1.5M	1.5M
Total Current Liabilities	69.7M	142.5M	96.4M	91.0M	147.6M	173.4M
Total Stockholder Equity	202.6M	205.8M	207.6M	194.3M	182.8M	104.7M
Property Plant And Equipment Net	17.2M	15.2M	13.6M	23.1M	73.7M	56.9M
Net Debt	(74.0M)	(86.9M)	(136.5M)	(36.3M)	(4.6M)	(4.3M)
Retained Earnings	(420.2M)	(417.0M)	(415.2M)	(428.5M)	(440.0M)	(418.0M)
Accounts Payable	40.6M	44.8M	32.6M	28.1M	59.6M	51.4M
Cash	80.4M	103.5M	146.0M	48.7M	40.6M	38.5M
Non Current Assets Total	19.6M	18.1M	28.7M	117.6M	171.8M	88.6M
Non Currrent Assets Other	687.1K	832.7K	869.3K	408.5K	3.5M	3.3M
Cash And Short Term Investments	89.4M	103.7M	146.0M	48.7M	40.6M	38.5M
Net Receivables	193.7M	251.8M	46.5M	139.5M	167.3M	129.2M
Liabilities And Stockholders Equity	316.4M	387.8M	342.9M	326.9M	395.9M	391.7M
Inventory	13.4M	14.1M	13.3M	20.2M	14.0M	13.3M
Other Current Assets	290.3K	193.6K	108.4M	1.0M	2.3M	2.2M
Total Liab	101.5M	174.4M	128.3M	125.5M	206.1M	196.9M
Total Current Assets	296.8M	369.8M	314.2M	209.3M	224.1M	269.9M
Other Assets	924.7K	1.0	2.5M	2.8M	0.9	0.86
Short Term Investments	49K	9M	234.3K	(126.3K)	(113.7K)	(108.0K)
Property Plant Equipment	16.9M	17.2M	15.2M	13.6M	12.2M	11.6M
Net Tangible Assets	190.7M	202.6M	205.8M	195.5M	224.8M	217.0M
Deferred Long Term Liab	142.9K	687.1K	832.7K	869.3K	782.4K	701.5K
Net Invested Capital	202.6M	205.8M	217.0M	206.7M	218.8M	224.6M
Net Working Capital	227.1M	227.2M	217.8M	118.3M	76.5M	148.3M

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Balance Sheet is a snapshot of the financial position of Hengli Industrial at a specified time, usually calculated after every quarter, six months, or one year. Hengli Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hengli Industrial 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 Hengli currently owns. An asset can also be divided into two categories, current and non-current.

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Hengli Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Hengli Industrial fundamental ratios Correlations

Hengli Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hengli Industrial fundamental ratios Accounts

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COMMON DESTINATIONS

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Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.97	Total Current Liabilities
Other Assets	+ 0.97	Intangible Assets
Short Term Debt	+ 0.92	Short Long Term Debt Total
Short Term Debt	+ 0.88	Current Deferred Revenue
Current Deferred Revenue	+ 0.84	Short Long Term Debt Total

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Total Stockholder Equity	- 0.94	Short Long Term Debt Total
Short Term Debt	- 0.91	Total Stockholder Equity
Total Current Assets	- 0.82	Net Debt
Common Stock	- 0.78	Short Long Term Debt Total