HengFeng Deferred Long Term Liab vs Non Current Liabilities Total Analysis

300605 Stock   14.21  0.63  4.25%   
HengFeng Information financial indicator trend analysis is much more than just examining HengFeng Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HengFeng Information is a good investment. Please check the relationship between HengFeng Information Deferred Long Term Liab and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HengFeng Information 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 board of governors.

Deferred Long Term Liab vs Non Current Liabilities Total

Deferred Long Term Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HengFeng Information Deferred Long Term Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between HengFeng Information's Deferred Long Term Liab and Non Current Liabilities Total is 0.72. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of HengFeng Information Technology, assuming nothing else is changed. The correlation between historical values of HengFeng Information's Deferred Long Term Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of HengFeng Information Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Deferred Long Term Liab i.e., HengFeng Information's Deferred Long Term Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Non Current Liabilities Total

Most indicators from HengFeng Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HengFeng Information 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 HengFeng Information 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 board of governors.
As of December 15, 2024, Tax Provision is expected to decline to about 586.1 K. In addition to that, Selling General Administrative is expected to decline to about 25.1 M
 2021 2022 2023 2024 (projected)
Gross Profit144.1M131.8M124.9M144.8M
Total Revenue612.3M515.2M484.4M541.7M

HengFeng Information fundamental ratios Correlations

0.460.960.95-0.920.960.910.980.750.85-0.430.850.96-0.460.56-0.130.810.970.810.99-0.460.760.970.870.360.83
0.460.510.51-0.170.50.460.510.530.1-0.130.090.390.16-0.160.550.080.40.080.540.160.010.550.160.020.06
0.960.510.87-0.920.870.830.950.620.84-0.590.880.97-0.380.45-0.190.710.970.850.94-0.380.710.940.890.330.86
0.950.510.87-0.841.00.960.930.890.72-0.170.720.85-0.410.460.10.810.850.640.98-0.410.650.930.750.390.69
-0.92-0.17-0.92-0.84-0.84-0.81-0.89-0.59-0.950.51-0.97-0.930.61-0.650.42-0.78-0.91-0.91-0.870.61-0.86-0.84-0.97-0.52-0.97
0.960.50.871.0-0.840.950.930.880.72-0.190.720.86-0.390.460.090.840.870.650.98-0.390.640.940.740.340.69
0.910.460.830.96-0.810.950.930.870.69-0.070.680.82-0.380.430.070.750.810.650.93-0.380.630.920.70.380.66
0.980.510.950.93-0.890.930.930.770.83-0.370.820.95-0.450.54-0.140.70.950.820.97-0.450.760.950.840.370.8
0.750.530.620.89-0.590.880.870.770.460.20.420.57-0.320.350.360.620.60.320.83-0.320.440.740.460.360.39
0.850.10.840.72-0.950.720.690.830.46-0.60.980.89-0.780.81-0.590.660.880.90.79-0.780.970.750.990.630.98
-0.43-0.13-0.59-0.170.51-0.19-0.07-0.370.2-0.6-0.66-0.580.29-0.350.56-0.26-0.6-0.63-0.340.29-0.5-0.4-0.66-0.17-0.67
0.850.090.880.72-0.970.720.680.820.420.98-0.660.91-0.680.71-0.580.70.890.930.79-0.680.910.771.00.561.0
0.960.390.970.85-0.930.860.820.950.570.89-0.580.91-0.430.54-0.330.710.980.920.92-0.430.790.920.920.30.9
-0.460.16-0.38-0.410.61-0.39-0.38-0.45-0.32-0.780.29-0.68-0.43-0.950.54-0.4-0.47-0.45-0.441.0-0.88-0.36-0.69-0.89-0.68
0.56-0.160.450.46-0.650.460.430.540.350.81-0.350.710.54-0.95-0.560.50.590.550.51-0.950.920.450.730.710.72
-0.130.55-0.190.10.420.090.07-0.140.36-0.590.56-0.58-0.330.54-0.56-0.04-0.28-0.630.010.54-0.620.01-0.54-0.31-0.61
0.810.080.710.81-0.780.840.750.70.620.66-0.260.70.71-0.40.5-0.040.750.590.8-0.40.590.810.70.280.69
0.970.40.970.85-0.910.870.810.950.60.88-0.60.890.98-0.470.59-0.280.750.880.93-0.470.80.930.910.310.88
0.810.080.850.64-0.910.650.650.820.320.9-0.630.930.92-0.450.55-0.630.590.880.72-0.450.810.730.910.270.93
0.990.540.940.98-0.870.980.930.970.830.79-0.340.790.92-0.440.510.010.80.930.72-0.440.710.970.820.380.76
-0.460.16-0.38-0.410.61-0.39-0.38-0.45-0.32-0.780.29-0.68-0.431.0-0.950.54-0.4-0.47-0.45-0.44-0.88-0.36-0.69-0.89-0.68
0.760.010.710.65-0.860.640.630.760.440.97-0.50.910.79-0.880.92-0.620.590.80.810.71-0.880.660.920.690.91
0.970.550.940.93-0.840.940.920.950.740.75-0.40.770.92-0.360.450.010.810.930.730.97-0.360.660.790.30.75
0.870.160.890.75-0.970.740.70.840.460.99-0.661.00.92-0.690.73-0.540.70.910.910.82-0.690.920.790.580.99
0.360.020.330.39-0.520.340.380.370.360.63-0.170.560.3-0.890.71-0.310.280.310.270.38-0.890.690.30.580.55
0.830.060.860.69-0.970.690.660.80.390.98-0.671.00.9-0.680.72-0.610.690.880.930.76-0.680.910.750.990.55
Click cells to compare fundamentals

HengFeng Information Account Relationship Matchups

HengFeng Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets884.6M1.0B1.1B1.2B1.4B1.0B
Other Current Liab100.4M243.1M39.4M105.8M35.2M33.5M
Total Current Liabilities327.1M521.6M569.0M601.2M572.2M453.4M
Total Stockholder Equity552.9M480.3M517.2M548.2M582.7M529.6M
Net Tangible Assets489.7M548.6M476.5M534.9M615.2M499.0M
Retained Earnings226.6M149.0M166.0M218.9M203.0M184.9M
Accounts Payable201.3M218.0M201.8M273.3M279.2M222.6M
Cash157.8M106.1M95.1M112.4M131.4M129.3M
Non Current Assets Total57.6M125.3M201.7M251.1M329.9M346.4M
Non Currrent Assets Other55.8M57.6M21.4M32.5M25.6M32.2M
Other Assets5.0M7.9M38.3M105.5M121.3M127.4M
Net Receivables167.3M246.8M271.7M344.9M356.9M241.7M
Inventory452.3M380.4M231.1M109.3M87.3M82.9M
Other Current Assets49.6M17.4M66.2M23.1M61.7M38.4M
Total Liab329.1M523.6M569.6M602.6M798.6M486.1M
Total Current Assets827.0M881.4M887.8M903.4M1.1B865.5M
Intangible Assets4.7M13.3M20.7M42.3M83.2M87.3M
Common Stock110.0M165.3M165.3M164.5M189.1M137.9M
Property Plant Equipment44.0M42.8M80.6M123.9M142.5M149.6M
Common Stock Shares Outstanding165.3M165.3M164.6M164.5M164.5M181.1M
Deferred Long Term Liab861.3K1.5M10.6M31.2M35.9M37.7M
Net Invested Capital562.9M525.2M644.3M751.4M991.9M693.5M
Net Working Capital499.9M359.8M318.8M302.2M482.2M320.3M
Capital Stock165.3M165.3M164.6M164.5M164.5M171.3M

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Other Information on Investing in HengFeng Stock

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