Holitech Other Stockholder Equity vs Property Plant And Equipment Net Analysis
002217 Stock | 2.30 0.02 0.86% |
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 Other Stockholder Equity and its Property Plant And Equipment Net 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.
Other Stockholder Equity vs Property Plant And Equipment Net
Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holitech Technology Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Holitech Technology's Other Stockholder Equity and Property Plant And Equipment Net is 0.8. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Other Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Holitech Technology Co are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., Holitech Technology's Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 Tax Provision is expected to grow to about 1.5 B, whereas Selling General Administrative is forecasted to decline to about 201.6 M.
Holitech Technology fundamental ratios Correlations
Click cells to compare fundamentals
Holitech Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Holitech Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.3B | 30.4B | 29.3B | 23.3B | 7.6B | 11.7B | |
Short Long Term Debt Total | 8.9B | 9.8B | 11.3B | 10.9B | 7.2B | 3.8B | |
Other Current Liab | 1.1B | 1.7B | 345.0M | 398.0M | 73.9M | 70.2M | |
Total Current Liabilities | 18.9B | 16.4B | 15.2B | 13.8B | 12.3B | 6.3B | |
Total Stockholder Equity | 12.1B | 8.9B | 8.9B | 5.5B | (6.5B) | (6.2B) | |
Property Plant And Equipment Net | 6.2B | 5.8B | 5.3B | 4.8B | 3.5B | 2.6B | |
Current Deferred Revenue | 1.6B | 789.2M | 683.6M | 44.3M | 2.7B | 2.8B | |
Net Debt | 4.5B | 7.2B | 8.1B | 8.5B | 6.5B | 6.8B | |
Retained Earnings | 4.2B | 928.9M | 989.2M | (2.5B) | (14.5B) | (13.8B) | |
Accounts Payable | 7.7B | 6.3B | 5.2B | 4.1B | 2.9B | 2.4B | |
Cash | 4.4B | 2.6B | 3.2B | 2.3B | 706.5M | 671.2M | |
Non Current Assets Total | 10.9B | 10.9B | 10.6B | 10.5B | 4.5B | 4.5B | |
Non Currrent Assets Other | 1.4B | 1.3B | 533.1M | 898.0M | 28.4M | 27.0M | |
Other Assets | 1.1B | 1.0 | 2.3B | 2.4B | 1.15 | 1.09 | |
Cash And Short Term Investments | 4.4B | 2.6B | 3.2B | 2.3B | 706.5M | 671.2M | |
Net Receivables | 9.1B | 7.5B | 6.2B | 3.4B | 809.3M | 768.8M | |
Liabilities And Stockholders Equity | 34.3B | 30.4B | 29.3B | 23.3B | 7.6B | 11.7B | |
Inventory | 5.6B | 6.5B | 6.7B | 5.3B | 736.7M | 699.9M | |
Other Current Assets | 4.3B | 2.9B | 2.6B | 1.7B | 932.3M | 778.7M | |
Other Stockholder Equity | 4.7B | 4.7B | 4.5B | 4.5B | 4.8B | 2.4B | |
Total Liab | 20.7B | 19.9B | 18.8B | 16.7B | 13.7B | 7.4B | |
Total Current Assets | 23.4B | 19.5B | 18.7B | 12.8B | 3.2B | 3.0B | |
Short Term Debt | 8.5B | 7.6B | 9.0B | 9.3B | 6.7B | 7.0B | |
Intangible Assets | 742.8M | 899.9M | 974.0M | 1.2B | 241.2M | 352.6M | |
Property Plant Equipment | 6.2B | 5.8B | 5.3B | 4.8B | 5.5B | 5.8B | |
Short Term Investments | 17.8M | 7.5M | (635.4M) | 50M | (299.2M) | (284.3M) | |
Other Liab | 377.4M | 374.8M | 302.1M | 259.0M | 297.8M | 153.6M | |
Long Term Debt | 1.4B | 2.2B | 2.2B | 1.5B | 466.5M | 443.2M | |
Non Current Liabilities Total | 1.8B | 3.6B | 3.6B | 2.9B | 1.4B | 1.3B | |
Net Tangible Assets | 9.3B | 6.2B | 6.3B | 2.9B | 2.6B | 5.0B | |
Good Will | 2.3B | 2.0B | 1.9B | 1.7B | 1.5B | 1.7B | |
Deferred Long Term Liab | 1.0B | 949.5M | 878.0M | 849.9M | 977.4M | 650.2M | |
Short Long Term Debt | 7.1B | 6.3B | 7.2B | 6.6B | 3.9B | 5.1B | |
Non Current Liabilities Other | 1.1B | 357.5M | 8.8M | 23.2M | 20.9M | 19.8M | |
Net Invested Capital | 19.7B | 17.3B | 18.3B | 13.6B | (2.1B) | (2.0B) | |
Net Working Capital | 4.5B | 3.1B | 3.5B | (1.0B) | (9.1B) | (8.7B) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.