Holitech Intangible Assets vs Total Stockholder Equity Analysis

002217 Stock   2.17  0.03  1.36%   
Holitech Technology financial indicator trend analysis is much more than just examining Holitech Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holitech Technology is a good investment. Please check the relationship between Holitech Technology Intangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Holitech Technology Co. 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.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holitech Technology Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Holitech Technology's Intangible Assets and Total Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Holitech Technology Co, assuming nothing else is changed. The correlation between historical values of Holitech Technology's Intangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Holitech Technology Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Holitech Technology's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Holitech Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holitech Technology 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 Holitech Technology Co. 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.
The current year's Selling General Administrative is expected to grow to about 453.8 M. The current year's Tax Provision is expected to grow to about 1.8 B

Holitech Technology fundamental ratios Correlations

0.810.740.830.710.940.080.590.320.970.880.980.820.620.880.940.960.830.660.850.990.770.830.720.8-0.39
0.810.550.970.20.890.490.94-0.250.830.610.880.60.510.610.610.780.760.790.980.760.990.820.930.95-0.45
0.740.550.620.520.680.030.430.290.730.510.690.860.590.510.690.760.820.30.630.750.520.670.410.550.11
0.830.970.620.210.910.580.88-0.240.890.650.870.630.440.650.670.750.810.811.00.80.980.730.940.98-0.42
0.710.20.520.210.52-0.57-0.10.860.60.730.620.630.490.730.830.730.430.150.240.750.130.50.080.19-0.18
0.940.890.680.910.520.260.730.080.980.760.970.720.560.760.870.880.790.730.920.910.870.780.850.92-0.5
0.080.490.030.58-0.570.260.58-0.830.230.060.13-0.03-0.130.06-0.09-0.080.280.610.540.050.560.00.650.59-0.2
0.590.940.430.88-0.10.730.58-0.470.630.30.690.410.430.30.360.580.620.650.880.520.950.710.870.87-0.39
0.32-0.250.29-0.240.860.08-0.83-0.470.180.350.190.360.290.350.510.380.12-0.34-0.210.37-0.310.17-0.39-0.270.07
0.970.830.730.890.60.980.230.630.180.830.950.760.540.830.920.880.830.710.90.960.810.730.780.88-0.44
0.880.610.510.650.730.760.060.30.350.830.810.70.411.00.830.790.650.70.670.890.560.610.570.63-0.33
0.980.880.690.870.620.970.130.690.190.950.810.780.610.810.880.950.790.710.890.950.840.870.790.85-0.43
0.820.60.860.630.630.72-0.030.410.360.760.70.780.440.70.730.820.860.370.650.820.570.790.470.550.05
0.620.510.590.440.490.56-0.130.430.290.540.410.610.440.40.590.720.480.270.490.620.420.580.350.42-0.41
0.880.610.510.650.730.760.060.30.350.831.00.810.70.40.830.790.650.70.670.890.560.610.570.63-0.33
0.940.610.690.670.830.87-0.090.360.510.920.830.880.730.590.830.870.690.520.690.950.570.630.560.67-0.46
0.960.780.760.750.730.88-0.080.580.380.880.790.950.820.720.790.870.820.530.780.950.720.910.60.69-0.29
0.830.760.820.810.430.790.280.620.120.830.650.790.860.480.650.690.820.470.810.830.760.780.610.72-0.06
0.660.790.30.810.150.730.610.65-0.340.710.70.710.370.270.70.520.530.470.820.630.780.480.880.84-0.44
0.850.980.631.00.240.920.540.88-0.210.90.670.890.650.490.670.690.780.810.820.820.980.760.940.98-0.43
0.990.760.750.80.750.910.050.520.370.960.890.950.820.620.890.950.950.830.630.820.720.790.670.77-0.37
0.770.990.520.980.130.870.560.95-0.310.810.560.840.570.420.560.570.720.760.780.980.720.780.940.96-0.43
0.830.820.670.730.50.780.00.710.170.730.610.870.790.580.610.630.910.780.480.760.790.780.620.66-0.13
0.720.930.410.940.080.850.650.87-0.390.780.570.790.470.350.570.560.60.610.880.940.670.940.620.97-0.55
0.80.950.550.980.190.920.590.87-0.270.880.630.850.550.420.630.670.690.720.840.980.770.960.660.97-0.52
-0.39-0.450.11-0.42-0.18-0.5-0.2-0.390.07-0.44-0.33-0.430.05-0.41-0.33-0.46-0.29-0.06-0.44-0.43-0.37-0.43-0.13-0.55-0.52
Click cells to compare fundamentals

Holitech Technology Account Relationship Matchups

Holitech Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets30.4B29.3B23.3B7.6B8.8B11.7B
Short Long Term Debt Total9.8B11.3B10.9B7.2B8.3B8.7B
Other Current Liab1.7B345.0M398.0M73.9M85.0M80.7M
Total Current Liabilities16.4B15.2B13.8B12.3B14.1B14.9B
Total Stockholder Equity8.9B8.9B5.5B(6.5B)(7.5B)(7.1B)
Property Plant And Equipment Net5.8B5.3B4.8B3.5B4.0B2.6B
Current Deferred Revenue789.2M683.6M44.3M2.7B3.1B3.2B
Net Debt7.2B8.1B8.5B6.5B7.5B7.9B
Retained Earnings928.9M989.2M(2.5B)(14.5B)(13.0B)(12.4B)
Accounts Payable6.3B5.2B4.1B2.9B3.3B2.4B
Cash2.6B3.2B2.3B706.5M812.5M1.4B
Non Current Assets Total10.9B10.6B10.5B4.5B5.1B4.5B
Non Currrent Assets Other1.3B533.1M898.0M28.4M32.7M31.0M
Other Assets1.1B1.02.3B2.4B1.151.09
Cash And Short Term Investments2.6B3.2B2.3B706.5M812.5M1.4B
Net Receivables7.5B6.2B3.4B809.3M930.7M884.2M
Liabilities And Stockholders Equity30.4B29.3B23.3B7.6B8.8B11.7B
Inventory6.5B6.7B5.3B736.7M847.2M804.9M
Other Current Assets2.9B2.6B1.7B932.3M1.1B778.7M
Total Liab19.9B18.8B16.7B13.7B15.8B16.6B
Total Current Assets19.5B18.7B12.8B3.2B3.7B7.1B
Short Term Debt7.6B9.0B9.3B6.7B7.7B8.1B
Intangible Assets899.9M974.0M1.2B241.2M277.4M352.6M
Property Plant Equipment6.2B5.8B5.3B4.8B5.5B5.8B
Short Term Investments7.5M(635.4M)50M(299.2M)(269.3M)(282.8M)
Other Liab377.4M374.8M302.1M259.0M297.8M153.6M
Long Term Debt2.2B2.2B1.5B466.5M536.5M1.0B
Non Current Liabilities Total3.6B3.6B2.9B1.4B1.7B1.3B
Net Tangible Assets9.3B6.2B6.3B2.9B2.6B5.0B
Good Will2.3B2.0B1.9B1.7B1.5B1.7B
Deferred Long Term Liab1.0B949.5M878.0M849.9M977.4M650.2M
Short Long Term Debt6.3B7.2B6.6B3.9B4.5B5.1B
Non Current Liabilities Other1.1B357.5M8.8M23.2M20.9M19.8M
Net Invested Capital17.3B18.3B13.6B(2.1B)(1.9B)(1.8B)
Net Working Capital3.1B3.5B(1.0B)(9.1B)(8.2B)(7.8B)
Property Plant And Equipment Gross8.7B8.1B4.8B8.2B7.3B6.1B
Accumulated Other Comprehensive Income363.3M384.7M397.3M8.2M7.4M7.0M

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Other Information on Investing in Holitech Stock

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