Hubei Common Stock vs Accounts Payable Analysis

300387 Stock

9.18 0.27 2.86%

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

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Forbon Technology Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hubei Forbon's Common Stock and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hubei Forbon Technology, assuming nothing else is changed. The correlation between historical values of Hubei Forbon's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hubei Forbon Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Hubei Forbon's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Hubei Forbon obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hubei Forbon Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Hubei Forbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Forbon 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 Hubei Forbon Technology. 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 68.1 M, whereas Tax Provision is forecasted to decline to about 12.7 M.

	2022	2023	2024	2025 (projected)
Operating Income	85.6M	109.9M	126.4M	82.7M
Total Revenue	847.5M	1.0B	1.2B	1.3B

Operating Income Total Revenue

Hubei Forbon 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	Net Tangible Assets	Good Will	Other Stockholder Equity	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.22	0.71	0.98	-0.92	0.99	0.89	0.85	0.86	0.86	0.72	0.94	0.59	0.92	0.81	0.95	0.95	0.9	0.83	-0.39	0.82	0.79	0.87	0.87	0.07	0.7
Other Current Liab	0.22		0.72	0.12	-0.1	0.12	-0.04	0.35	0.18	0.27	0.54	-0.04	0.05	0.43	0.03	0.09	0.08	-0.14	-0.12	0.3	-0.19	-0.28	0.1	-0.25	0.18	-0.31
Total Current Liabilities	0.71	0.72		0.63	-0.62	0.64	0.55	0.6	0.53	0.78	0.78	0.54	0.43	0.83	0.59	0.56	0.59	0.41	0.52	-0.03	0.35	0.24	0.62	0.39	-0.05	0.2
Total Stockholder Equity	0.98	0.12	0.63		-0.94	0.99	0.91	0.81	0.87	0.84	0.68	0.95	0.67	0.84	0.78	0.97	0.96	0.94	0.84	-0.39	0.87	0.8	0.9	0.88	0.12	0.69
Other Liab	-0.92	-0.1	-0.62	-0.94		-0.94	-0.83	-0.75	-0.78	-0.89	-0.77	-0.9	-0.63	-0.78	-0.69	-0.89	-0.93	-0.87	-0.82	0.43	-0.86	-0.71	-0.9	-0.83	-0.01	-0.69
Retained Earnings	0.99	0.12	0.64	0.99	-0.94		0.9	0.81	0.85	0.83	0.71	0.97	0.59	0.87	0.77	0.95	0.98	0.93	0.83	-0.45	0.84	0.8	0.89	0.89	0.05	0.72
Accounts Payable	0.89	-0.04	0.55	0.91	-0.83	0.9		0.59	0.72	0.7	0.5	0.93	0.75	0.74	0.83	0.89	0.86	0.88	0.89	-0.37	0.82	0.78	0.8	0.91	-0.08	0.61
Cash	0.85	0.35	0.6	0.81	-0.75	0.81	0.59		0.75	0.72	0.69	0.73	0.29	0.83	0.64	0.76	0.72	0.71	0.51	-0.33	0.63	0.7	0.59	0.63	0.13	0.64
Other Assets	0.86	0.18	0.53	0.87	-0.78	0.85	0.72	0.75		0.72	0.57	0.77	0.62	0.75	0.57	0.92	0.85	0.87	0.63	-0.47	0.84	0.75	0.8	0.72	0.53	0.63
Long Term Debt	0.86	0.27	0.78	0.84	-0.89	0.83	0.7	0.72	0.72		0.74	0.74	0.57	0.79	0.73	0.77	0.8	0.7	0.81	-0.18	0.71	0.54	0.87	0.69	0.06	0.57
Net Receivables	0.72	0.54	0.78	0.68	-0.77	0.71	0.5	0.69	0.57	0.74		0.63	0.3	0.73	0.53	0.56	0.69	0.46	0.44	-0.37	0.4	0.27	0.61	0.43	0.0	0.33
Inventory	0.94	-0.04	0.54	0.95	-0.9	0.97	0.93	0.73	0.77	0.74	0.63		0.56	0.81	0.8	0.91	0.95	0.93	0.83	-0.54	0.82	0.83	0.84	0.94	-0.08	0.73
Other Current Assets	0.59	0.05	0.43	0.67	-0.63	0.59	0.75	0.29	0.62	0.57	0.3	0.56		0.36	0.45	0.74	0.59	0.64	0.66	0.04	0.7	0.44	0.68	0.51	0.28	0.16
Total Liab	0.92	0.43	0.83	0.84	-0.78	0.87	0.74	0.83	0.75	0.79	0.73	0.81	0.36		0.77	0.79	0.82	0.73	0.7	-0.36	0.62	0.66	0.73	0.74	-0.03	0.64
Intangible Assets	0.81	0.03	0.59	0.78	-0.69	0.77	0.83	0.64	0.57	0.73	0.53	0.8	0.45	0.77		0.7	0.68	0.68	0.81	-0.32	0.59	0.64	0.64	0.81	-0.2	0.58
Common Stock	0.95	0.09	0.56	0.97	-0.89	0.95	0.89	0.76	0.92	0.77	0.56	0.91	0.74	0.79	0.7		0.93	0.96	0.81	-0.37	0.91	0.82	0.89	0.86	0.25	0.66
Property Plant Equipment	0.95	0.08	0.59	0.96	-0.93	0.98	0.86	0.72	0.85	0.8	0.69	0.95	0.59	0.82	0.68	0.93		0.92	0.82	-0.47	0.83	0.76	0.91	0.88	0.11	0.7
Net Tangible Assets	0.9	-0.14	0.41	0.94	-0.87	0.93	0.88	0.71	0.87	0.7	0.46	0.93	0.64	0.73	0.68	0.96	0.92		0.81	-0.51	0.95	0.92	0.85	0.93	0.14	0.79
Good Will	0.83	-0.12	0.52	0.84	-0.82	0.83	0.89	0.51	0.63	0.81	0.44	0.83	0.66	0.7	0.81	0.81	0.82	0.81		-0.23	0.81	0.71	0.84	0.9	-0.14	0.69
Other Stockholder Equity	-0.39	0.3	-0.03	-0.39	0.43	-0.45	-0.37	-0.33	-0.47	-0.18	-0.37	-0.54	0.04	-0.36	-0.32	-0.37	-0.47	-0.51	-0.23		-0.47	-0.55	-0.29	-0.56	0.0	-0.65
Long Term Investments	0.82	-0.19	0.35	0.87	-0.86	0.84	0.82	0.63	0.84	0.71	0.4	0.82	0.7	0.62	0.59	0.91	0.83	0.95	0.81	-0.47		0.87	0.84	0.87	0.19	0.79
Total Current Assets	0.79	-0.28	0.24	0.8	-0.71	0.8	0.78	0.7	0.75	0.54	0.27	0.83	0.44	0.66	0.64	0.82	0.76	0.92	0.71	-0.55	0.87		0.61	0.91	0.06	0.87
Treasury Stock	0.87	0.1	0.62	0.9	-0.9	0.89	0.8	0.59	0.8	0.87	0.61	0.84	0.68	0.73	0.64	0.89	0.91	0.85	0.84	-0.29	0.84	0.61		0.78	0.13	0.61
Non Current Assets Total	0.87	-0.25	0.39	0.88	-0.83	0.89	0.91	0.63	0.72	0.69	0.43	0.94	0.51	0.74	0.81	0.86	0.88	0.93	0.9	-0.56	0.87	0.91	0.78		-0.11	0.86
Non Currrent Assets Other	0.07	0.18	-0.05	0.12	-0.01	0.05	-0.08	0.13	0.53	0.06	0.0	-0.08	0.28	-0.03	-0.2	0.25	0.11	0.14	-0.14	0.0	0.19	0.06	0.13	-0.11		-0.09
Non Current Liabilities Total	0.7	-0.31	0.2	0.69	-0.69	0.72	0.61	0.64	0.63	0.57	0.33	0.73	0.16	0.64	0.58	0.66	0.7	0.79	0.69	-0.65	0.79	0.87	0.61	0.86	-0.09

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Hubei Forbon Account Relationship Matchups

Hubei Forbon fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	1.7B	1.7B	1.9B	2.2B	1.3B
Other Current Liab	113.5M	102.1M	111.7M	6.6M	7.6M	7.2M
Total Current Liabilities	231.1M	236.2M	290.0M	298.0M	342.7M	270.1M
Total Stockholder Equity	1.2B	1.2B	1.2B	1.3B	1.5B	904.1M
Other Liab	2.4M	2.8M	2.5M	2.6M	2.4M	2.5M
Retained Earnings	558.0M	582.9M	622.3M	636.3M	731.7M	419.0M
Accounts Payable	47.7M	42.8M	62.0M	67.4M	77.5M	48.6M
Cash	367.7M	321.8M	271.4M	285.2M	328.0M	227.7M
Other Assets	27.5M	38.4M	59.7M	36.0M	41.4M	24.4M
Net Receivables	168.2M	269.5M	238.3M	204.2M	234.9M	221.5M
Inventory	112.8M	129.4M	161.6M	165.8M	190.6M	100.1M
Other Current Assets	33.8M	21.0M	55.5M	51.7M	59.4M	39.9M
Total Liab	496.6M	483.2M	443.3M	567.8M	653.0M	363.6M
Intangible Assets	49.6M	47.0M	44.4M	84.7M	97.4M	49.6M
Common Stock	289.1M	291.8M	290.7M	289.8M	332.4M	186.1M
Property Plant Equipment	203.3M	217.1M	255.9M	240.8M	276.9M	165.1M
Net Tangible Assets	656.3M	703.6M	724.1M	773.5M	889.5M	578.0M
Good Will	477.3M	419.3M	431.1M	489.6M	563.1M	486.6M
Other Stockholder Equity	8.0M	14.4M	(50.8M)	(31.5M)	(28.3M)	(26.9M)
Total Current Assets	827.2M	778.1M	788.1M	836.9M	962.4M	772.0M
Non Current Assets Total	908.9M	904.2M	917.1M	1.1B	1.3B	926.3M
Non Currrent Assets Other	22.2M	39.9M	9.6M	3.3M	2.9M	2.8M
Non Current Liabilities Total	265.6M	247.0M	153.2M	269.9M	310.4M	325.9M
Short Long Term Debt	59.6M	59.6M	56.1M	31.2M	28.1M	26.7M
Common Stock Shares Outstanding	289.1M	291.8M	290.7M	289.8M	332.4M	312.2M
Net Invested Capital	1.6B	1.5B	1.5B	1.6B	1.9B	1.5B
Net Working Capital	596.2M	541.9M	498.0M	538.9M	619.8M	469.5M
Deferred Long Term Liab	1.2M	1.7M	1.4M	3.9M	4.4M	4.7M
Property Plant And Equipment Net	217.1M	255.9M	240.6M	360.4M	414.5M	281.0M
Property Plant And Equipment Gross	326.8M	385.8M	391.4M	554.9M	638.1M	429.3M

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Other Information on Investing in Hubei Stock

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

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Hubei Common Stock vs Accounts Payable Analysis

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

Correlation Coefficient

Common Stock

Accounts Payable

Hubei Forbon fundamental ratios Correlations

Hubei Forbon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hubei Forbon fundamental ratios Accounts

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Other Information on Investing in Hubei Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Retained Earnings
Common Stock	+ 0.97	Total Stockholder Equity
Inventory	+ 0.97	Retained Earnings

Retained Earnings	- 0.94	Other Liab
Other Liab	- 0.94	Total Stockholder Equity
Property Plant Equipment	- 0.93	Other Liab
Other Liab	- 0.92	Total Assets
Treasury Stock	- 0.9	Other Liab
Inventory	- 0.9	Other Liab