Hunan Net Receivables vs Cash Analysis

002397 Stock

3.66 0.02 0.54%

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

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Mendale Hometextile Net Receivables account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hunan Mendale's Net Receivables and Cash is 0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Hunan Mendale Hometextile, assuming nothing else is changed. The correlation between historical values of Hunan Mendale's Net Receivables 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 Net Receivables of Hunan Mendale Hometextile 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 Net Receivables i.e., Hunan Mendale's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Cash

Cash refers to the most liquid asset of Hunan Mendale Hometextile, which is listed under current asset account on Hunan Mendale Hometextile balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hunan Mendale customers. The amounts must be unrestricted with restricted cash listed in a different Hunan Mendale 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 Hunan Mendale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Mendale Hometextile 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 Hunan Mendale Hometextile. 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.

The current year's Selling General Administrative is expected to grow to about 540.6 M, whereas Tax Provision is forecasted to decline to about 12.4 M.

	2022	2024	2025 (projected)
Other Operating Expenses	15.3M	13.7M	16.3M
Gross Profit	672.5M	1.0B	944.5M

Other Operating Expenses Gross Profit

Hunan Mendale fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will
Total Assets		0.27	0.87	0.88	0.59	0.12	0.68	0.71	0.65	0.41	0.61	0.95	0.72	0.88	0.86	0.89	0.91	0.23	0.67	0.5	0.85	0.36	0.65	0.73	-0.54	-0.55
Other Current Liab	0.27		0.13	0.32	0.31	0.45	-0.21	0.2	-0.17	0.43	0.51	0.36	0.39	0.16	0.09	0.18	0.08	0.31	-0.22	-0.2	-0.08	0.32	0.41	-0.17	0.21	0.18
Total Current Liabilities	0.87	0.13		0.55	0.57	-0.29	0.85	0.4	0.84	0.16	0.21	0.77	0.58	1.0	0.93	0.85	0.94	-0.12	0.5	0.79	0.87	0.18	0.35	0.91	-0.8	-0.83
Total Stockholder Equity	0.88	0.32	0.55		0.43	0.47	0.38	0.84	0.32	0.47	0.82	0.91	0.69	0.57	0.58	0.7	0.68	0.54	0.67	0.13	0.62	0.4	0.75	0.4	-0.19	-0.17
Other Liab	0.59	0.31	0.57	0.43		0.01	0.41	0.18	0.47	0.64	0.45	0.51	0.27	0.6	0.69	0.75	0.57	0.18	0.09	0.32	0.41	0.66	0.18	0.37	-0.3	-0.32
Retained Earnings	0.12	0.45	-0.29	0.47	0.01		-0.56	0.36	-0.61	0.43	0.8	0.24	0.37	-0.27	-0.15	-0.01	-0.19	0.44	0.08	-0.7	-0.18	0.28	0.64	-0.48	0.57	0.66
Accounts Payable	0.68	-0.21	0.85	0.38	0.41	-0.56		0.27	0.97	-0.09	-0.08	0.58	0.38	0.84	0.75	0.68	0.8	-0.2	0.53	0.94	0.8	0.02	0.08	0.92	-0.91	-0.95
Cash	0.71	0.2	0.4	0.84	0.18	0.36	0.27		0.21	0.35	0.6	0.71	0.52	0.41	0.37	0.46	0.48	0.45	0.73	0.04	0.48	0.5	0.73	0.26	-0.02	-0.07
Other Assets	0.65	-0.17	0.84	0.32	0.47	-0.61	0.97	0.21		-0.04	-0.09	0.53	0.27	0.84	0.76	0.69	0.77	-0.2	0.47	0.91	0.77	0.06	0.03	0.92	-0.86	-0.91
Long Term Debt	0.41	0.43	0.16	0.47	0.64	0.43	-0.09	0.35	-0.04		0.66	0.41	0.3	0.22	0.39	0.42	0.25	0.26	0.27	-0.24	0.29	0.75	0.52	0.0	0.23	0.23
Net Receivables	0.61	0.51	0.21	0.82	0.45	0.8	-0.08	0.6	-0.09	0.66		0.63	0.56	0.24	0.38	0.54	0.33	0.49	0.39	-0.28	0.29	0.49	0.77	-0.01	0.19	0.24
Inventory	0.95	0.36	0.77	0.91	0.51	0.24	0.58	0.71	0.53	0.41	0.63		0.76	0.78	0.73	0.76	0.82	0.35	0.62	0.38	0.76	0.34	0.7	0.61	-0.44	-0.43
Other Current Assets	0.72	0.39	0.58	0.69	0.27	0.37	0.38	0.52	0.27	0.3	0.56	0.76		0.59	0.55	0.5	0.55	-0.02	0.49	0.32	0.62	0.19	0.79	0.47	-0.45	-0.38
Total Liab	0.88	0.16	1.0	0.57	0.6	-0.27	0.84	0.41	0.84	0.22	0.24	0.78	0.59		0.94	0.87	0.94	-0.1	0.5	0.77	0.87	0.22	0.37	0.9	-0.78	-0.81
Intangible Assets	0.86	0.09	0.93	0.58	0.69	-0.15	0.75	0.37	0.76	0.39	0.38	0.73	0.55	0.94		0.94	0.9	-0.16	0.57	0.66	0.9	0.32	0.43	0.85	-0.69	-0.7
Common Stock	0.89	0.18	0.85	0.7	0.75	-0.01	0.68	0.46	0.69	0.42	0.54	0.76	0.5	0.87	0.94		0.88	0.1	0.53	0.54	0.79	0.4	0.43	0.71	-0.54	-0.58
Property Plant Equipment	0.91	0.08	0.94	0.68	0.57	-0.19	0.8	0.48	0.77	0.25	0.33	0.82	0.55	0.94	0.9	0.88		0.1	0.56	0.69	0.89	0.14	0.34	0.87	-0.73	-0.74
Short Term Investments	0.23	0.31	-0.12	0.54	0.18	0.44	-0.2	0.45	-0.2	0.26	0.49	0.35	-0.02	-0.1	-0.16	0.1	0.1		-0.03	-0.4	-0.17	0.24	0.1	-0.29	0.41	0.39
Net Tangible Assets	0.67	-0.22	0.5	0.67	0.09	0.08	0.53	0.73	0.47	0.27	0.39	0.62	0.49	0.5	0.57	0.53	0.56	-0.03		0.32	0.79	0.24	0.63	0.6	-0.33	-0.35
Other Stockholder Equity	0.5	-0.2	0.79	0.13	0.32	-0.7	0.94	0.04	0.91	-0.24	-0.28	0.38	0.32	0.77	0.66	0.54	0.69	-0.4	0.32		0.67	-0.13	-0.09	0.88	-0.96	-0.99
Deferred Long Term Liab	0.85	-0.08	0.87	0.62	0.41	-0.18	0.8	0.48	0.77	0.29	0.29	0.76	0.62	0.87	0.9	0.79	0.89	-0.17	0.79	0.67		0.13	0.5	0.92	-0.74	-0.72
Long Term Investments	0.36	0.32	0.18	0.4	0.66	0.28	0.02	0.5	0.06	0.75	0.49	0.34	0.19	0.22	0.32	0.4	0.14	0.24	0.24	-0.13	0.13		0.46	-0.05	0.24	0.14
Total Current Assets	0.65	0.41	0.35	0.75	0.18	0.64	0.08	0.73	0.03	0.52	0.77	0.7	0.79	0.37	0.43	0.43	0.34	0.1	0.63	-0.09	0.5	0.46		0.2	0.0	0.03
Non Current Assets Total	0.73	-0.17	0.91	0.4	0.37	-0.48	0.92	0.26	0.92	0.0	-0.01	0.61	0.47	0.9	0.85	0.71	0.87	-0.29	0.6	0.88	0.92	-0.05	0.2		-0.9	-0.91
Non Currrent Assets Other	-0.54	0.21	-0.8	-0.19	-0.3	0.57	-0.91	-0.02	-0.86	0.23	0.19	-0.44	-0.45	-0.78	-0.69	-0.54	-0.73	0.41	-0.33	-0.96	-0.74	0.24	0.0	-0.9		0.97
Good Will	-0.55	0.18	-0.83	-0.17	-0.32	0.66	-0.95	-0.07	-0.91	0.23	0.24	-0.43	-0.38	-0.81	-0.7	-0.58	-0.74	0.39	-0.35	-0.99	-0.72	0.14	0.03	-0.91	0.97

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Hunan Mendale Account Relationship Matchups

Hunan Mendale fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.4B	3.4B	2.8B	2.6B	3.0B	2.4B
Other Current Liab	167.2M	238.4M	261.1M	11.4M	13.1M	12.5M
Total Current Liabilities	1.5B	1.7B	1.5B	1.4B	1.6B	958.1M
Total Stockholder Equity	1.8B	1.6B	1.1B	1.2B	1.3B	1.3B
Other Liab	31.3M	34.7M	25.2M	40.8M	46.9M	23.9M
Retained Earnings	401.0M	200.2M	(354.8M)	(332.4M)	(299.1M)	(284.2M)
Accounts Payable	772.9M	710.1M	721.3M	782.2M	899.6M	944.6M
Cash	526.1M	403.5M	290.6M	356.8M	410.3M	416.5M
Other Assets	231.0M	199.7M	241.4M	370.8M	426.4M	447.7M
Net Receivables	353.7M	336.0M	172.5M	123.6M	142.2M	135.0M
Inventory	790.9M	766.4M	611.3M	523.4M	601.9M	561.7M
Other Current Assets	139.9M	118.5M	48.8M	30.8M	35.5M	62.5M
Total Liab	1.5B	1.8B	1.6B	1.5B	1.7B	1.0B
Intangible Assets	136.0M	143.0M	137.3M	136.9M	157.4M	82.0M
Common Stock	779.8M	764.1M	758.3M	756.0M	869.4M	452.5M
Property Plant Equipment	1.1B	1.1B	1.0B	1.1B	1.2B	722.2M
Net Tangible Assets	1.8B	1.7B	1.6B	1.4B	1.6B	1.7B
Other Stockholder Equity	2.2M	4.0M	4.6M	5.0M	5.8M	6.1M
Deferred Long Term Liab	178.6M	166.6M	142.7M	125.6M	144.4M	126.4M
Total Current Assets	1.9B	1.8B	1.2B	1.1B	979.7M	1.3B
Non Current Assets Total	1.5B	1.7B	1.6B	1.5B	1.8B	1.6B
Non Currrent Assets Other	3.2M	1.7M	10.5M	2.1M	1.9M	1.8M
Non Current Liabilities Total	32.3M	74.6M	108.9M	42.0M	37.8M	63.4M
Short Long Term Debt	495M	729.0M	473.3M	283.4M	325.9M	497.5M
Non Current Liabilities Other	30.3M	974.2K	100.6K	329.1K	296.1K	281.3K
Common Stock Shares Outstanding	758.3M	756.0M	754.4M	750.8M	863.4M	825.0M
Net Invested Capital	2.3B	2.3B	1.6B	1.4B	1.3B	1.7B
Net Working Capital	372.7M	19.4M	(343.9M)	(338.7M)	(304.8M)	(289.6M)
Capital Stock	758.3M	756.0M	754.4M	750.8M	675.7M	608.4M
Property Plant And Equipment Net	1.1B	1.0B	1.1B	1.1B	969.8M	862.4M
Property Plant And Equipment Gross	1.4B	1.4B	1.1B	1.6B	1.4B	1.1B

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

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Hunan Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Hunan Mendale fundamental ratios Correlations

Hunan Mendale Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hunan Mendale fundamental ratios Accounts

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Other Information on Investing in Hunan Stock

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Total Liab	+ 1.0	Total Current Liabilities
Other Assets	+ 0.97	Accounts Payable
Good Will	+ 0.97	Non Currrent Assets Other
Inventory	+ 0.95	Total Assets
Property Plant Equipment	+ 0.94	Total Current Liabilities
Other Stockholder Equity	+ 0.94	Accounts Payable

Good Will	- 0.99	Other Stockholder Equity
Non Currrent Assets Other	- 0.96	Other Stockholder Equity
Good Will	- 0.95	Accounts Payable
Good Will	- 0.91	Non Current Assets Total
Good Will	- 0.91	Other Assets
Non Currrent Assets Other	- 0.91	Accounts Payable