HengFeng Good Will vs Cash Analysis

300605 Stock

11.26 0.07 0.62%

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 Good Will and its Cash 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.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HengFeng Information Good Will account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between HengFeng Information's Good Will and Cash is -0.32. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash 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 Good Will 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 Good Will of HengFeng Information Technology 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 Good Will i.e., HengFeng Information's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of HengFeng Information, which is listed under current asset account on HengFeng Information Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from HengFeng Information customers. The amounts must be unrestricted with restricted cash listed in a different HengFeng Information 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 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 January 18, 2025, Tax Provision is expected to decline to about 527.5 K. In addition to that, Selling General Administrative is expected to decline to about 25.1 M

	2022	2023	2024	2025 (projected)
Gross Profit	131.8M	124.9M	143.7M	144.8M
Total Revenue	515.2M	484.4M	557.0M	541.7M

Gross Profit Total Revenue

HengFeng Information fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Deferred Long Term Liab
Total Assets		0.35	0.97	0.95	-0.92	0.93	0.92	0.99	0.77	0.86	-0.53	0.87	0.97	-0.4	0.68	-0.29	0.86	0.98	0.86	0.99	-0.4	0.81	0.95	0.88	0.62	0.85
Other Current Liab	0.35		0.42	0.43	-0.14	0.47	0.39	0.39	0.48	0.04	-0.1	0.07	0.29	0.12	-0.16	0.53	0.03	0.28	0.03	0.43	0.12	-0.03	0.51	0.14	-0.04	0.04
Total Current Liabilities	0.97	0.42		0.89	-0.93	0.88	0.86	0.96	0.67	0.85	-0.65	0.9	0.97	-0.35	0.57	-0.32	0.77	0.96	0.88	0.95	-0.35	0.76	0.95	0.91	0.54	0.89
Total Stockholder Equity	0.95	0.43	0.89		-0.86	0.99	0.97	0.94	0.9	0.76	-0.29	0.77	0.88	-0.39	0.58	-0.08	0.85	0.87	0.72	0.98	-0.39	0.71	0.95	0.79	0.56	0.75
Other Liab	-0.92	-0.14	-0.93	-0.86		-0.84	-0.84	-0.9	-0.63	-0.94	0.57	-0.98	-0.93	0.53	-0.7	0.5	-0.81	-0.9	-0.91	-0.89	0.53	-0.86	-0.86	-0.97	-0.6	-0.97
Net Tangible Assets	0.93	0.47	0.88	0.99	-0.84		0.96	0.91	0.9	0.72	-0.27	0.74	0.85	-0.35	0.51	-0.01	0.84	0.84	0.68	0.97	-0.35	0.65	0.95	0.76	0.51	0.72
Retained Earnings	0.92	0.39	0.86	0.97	-0.84	0.96		0.94	0.88	0.74	-0.2	0.74	0.85	-0.37	0.55	-0.09	0.8	0.84	0.72	0.94	-0.37	0.69	0.94	0.75	0.54	0.72
Accounts Payable	0.99	0.39	0.96	0.94	-0.9	0.91	0.94		0.78	0.85	-0.48	0.85	0.97	-0.4	0.66	-0.3	0.78	0.96	0.87	0.98	-0.4	0.81	0.94	0.86	0.61	0.83
Cash	0.77	0.48	0.67	0.9	-0.63	0.9	0.88	0.78		0.53	0.08	0.49	0.63	-0.32	0.45	0.21	0.67	0.65	0.42	0.84	-0.32	0.51	0.77	0.52	0.45	0.46
Non Current Assets Total	0.86	0.04	0.85	0.76	-0.94	0.72	0.74	0.85	0.53		-0.64	0.97	0.89	-0.71	0.88	-0.66	0.73	0.88	0.89	0.82	-0.71	0.98	0.75	0.97	0.75	0.97
Non Currrent Assets Other	-0.53	-0.1	-0.65	-0.29	0.57	-0.27	-0.2	-0.48	0.08	-0.64		-0.7	-0.65	0.27	-0.45	0.61	-0.38	-0.65	-0.69	-0.45	0.27	-0.56	-0.46	-0.7	-0.37	-0.71
Other Assets	0.87	0.07	0.9	0.77	-0.98	0.74	0.74	0.85	0.49	0.97	-0.7		0.91	-0.6	0.75	-0.63	0.75	0.89	0.93	0.82	-0.6	0.9	0.79	1.0	0.65	1.0
Net Receivables	0.97	0.29	0.97	0.88	-0.93	0.85	0.85	0.97	0.63	0.89	-0.65	0.91		-0.37	0.66	-0.45	0.79	0.99	0.95	0.94	-0.37	0.82	0.91	0.92	0.59	0.9
Good Will	-0.4	0.12	-0.35	-0.39	0.53	-0.35	-0.37	-0.4	-0.32	-0.71	0.27	-0.6	-0.37		-0.79	0.49	-0.35	-0.38	-0.38	-0.4	1.0	-0.76	-0.32	-0.63	-0.85	-0.61
Non Current Liabilities Total	0.68	-0.16	0.57	0.58	-0.7	0.51	0.55	0.66	0.45	0.88	-0.45	0.75	0.66	-0.79		-0.64	0.63	0.71	0.67	0.64	-0.79	0.95	0.51	0.76	0.82	0.75
Inventory	-0.29	0.53	-0.32	-0.08	0.5	-0.01	-0.09	-0.3	0.21	-0.66	0.61	-0.63	-0.45	0.49	-0.64		-0.21	-0.42	-0.68	-0.17	0.49	-0.68	-0.1	-0.59	-0.46	-0.66
Other Current Assets	0.86	0.03	0.77	0.85	-0.81	0.84	0.8	0.78	0.67	0.73	-0.38	0.75	0.79	-0.35	0.63	-0.21		0.82	0.7	0.85	-0.35	0.69	0.82	0.74	0.55	0.74
Total Liab	0.98	0.28	0.96	0.87	-0.9	0.84	0.84	0.96	0.65	0.88	-0.65	0.89	0.99	-0.38	0.71	-0.42	0.82		0.92	0.94	-0.38	0.84	0.9	0.9	0.62	0.88
Short Long Term Debt	0.86	0.03	0.88	0.72	-0.91	0.68	0.72	0.87	0.42	0.89	-0.69	0.93	0.95	-0.38	0.67	-0.68	0.7	0.92		0.79	-0.38	0.84	0.75	0.91	0.56	0.93
Total Current Assets	0.99	0.43	0.95	0.98	-0.89	0.97	0.94	0.98	0.84	0.82	-0.45	0.82	0.94	-0.4	0.64	-0.17	0.85	0.94	0.79		-0.4	0.77	0.97	0.84	0.6	0.8
Short Term Debt	-0.4	0.12	-0.35	-0.39	0.53	-0.35	-0.37	-0.4	-0.32	-0.71	0.27	-0.6	-0.37	1.0	-0.79	0.49	-0.35	-0.38	-0.38	-0.4		-0.76	-0.32	-0.63	-0.85	-0.61
Intangible Assets	0.81	-0.03	0.76	0.71	-0.86	0.65	0.69	0.81	0.51	0.98	-0.56	0.9	0.82	-0.76	0.95	-0.68	0.69	0.84	0.84	0.77	-0.76		0.67	0.9	0.8	0.9
Common Stock	0.95	0.51	0.95	0.95	-0.86	0.95	0.94	0.94	0.77	0.75	-0.46	0.79	0.91	-0.32	0.51	-0.1	0.82	0.9	0.75	0.97	-0.32	0.67		0.81	0.5	0.77
Property Plant Equipment	0.88	0.14	0.91	0.79	-0.97	0.76	0.75	0.86	0.52	0.97	-0.7	1.0	0.92	-0.63	0.76	-0.59	0.74	0.9	0.91	0.84	-0.63	0.9	0.81		0.67	0.99
Common Stock Shares Outstanding	0.62	-0.04	0.54	0.56	-0.6	0.51	0.54	0.61	0.45	0.75	-0.37	0.65	0.59	-0.85	0.82	-0.46	0.55	0.62	0.56	0.6	-0.85	0.8	0.5	0.67		0.65
Deferred Long Term Liab	0.85	0.04	0.89	0.75	-0.97	0.72	0.72	0.83	0.46	0.97	-0.71	1.0	0.9	-0.61	0.75	-0.66	0.74	0.88	0.93	0.8	-0.61	0.9	0.77	0.99	0.65

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HengFeng Information Account Relationship Matchups

HengFeng Information fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.0B	1.1B	1.2B	1.4B	1.6B	1.0B
Other Current Liab	243.1M	39.4M	105.8M	35.2M	40.5M	38.5M
Total Current Liabilities	521.6M	569.0M	601.2M	572.2M	658.0M	453.4M
Total Stockholder Equity	480.3M	517.2M	548.2M	582.7M	670.1M	529.6M
Net Tangible Assets	489.7M	548.6M	476.5M	534.9M	615.2M	499.0M
Retained Earnings	149.0M	166.0M	218.9M	203.0M	233.5M	184.9M
Accounts Payable	218.0M	201.8M	273.3M	279.2M	321.0M	222.6M
Cash	106.1M	95.1M	112.4M	131.4M	151.1M	129.3M
Non Current Assets Total	125.3M	201.7M	251.1M	329.9M	379.4M	398.3M
Other Assets	5.0M	7.9M	38.3M	105.5M	121.3M	127.4M
Net Receivables	246.8M	271.7M	344.9M	356.9M	410.4M	241.7M
Non Current Liabilities Total	2.0M	586.2K	1.4M	226.5M	260.4M	273.5M
Inventory	380.4M	231.1M	109.3M	87.3M	78.6M	74.6M
Other Current Assets	17.4M	66.2M	23.1M	61.7M	71.0M	38.4M
Total Liab	523.6M	569.6M	602.6M	798.6M	918.4M	486.1M
Short Long Term Debt	44.9M	127.2M	203.2M	185.6M	213.4M	107.9M
Total Current Assets	881.4M	887.8M	903.4M	1.1B	1.2B	865.5M
Intangible Assets	13.3M	20.7M	42.3M	83.2M	95.7M	100.4M
Common Stock	110.0M	165.3M	165.3M	164.5M	189.1M	137.9M
Property Plant Equipment	44.0M	42.8M	80.6M	123.9M	142.5M	149.6M
Common Stock Shares Outstanding	165.3M	164.6M	164.5M	164.5M	189.1M	181.1M
Deferred Long Term Liab	861.3K	1.5M	10.6M	31.2M	35.9M	37.7M
Net Invested Capital	525.2M	644.3M	751.4M	991.9M	1.1B	693.5M
Net Working Capital	359.8M	318.8M	302.2M	482.2M	433.9M	320.3M
Capital Stock	165.3M	164.6M	164.5M	164.5M	189.1M	171.3M
Property Plant And Equipment Net	80.6M	80.5M	123.9M	140.9M	162.1M	103.1M
Property Plant And Equipment Gross	102.0M	107.3M	123.9M	181.4M	208.6M	126.7M

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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.

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HengFeng Good Will vs Cash Analysis

Good Will vs Cash

Good Will vs Cash Correlation Analysis

Correlation Coefficient

Good Will

Cash

HengFeng Information fundamental ratios Correlations

HengFeng Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HengFeng Information fundamental ratios Accounts

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Other Information on Investing in HengFeng Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Other Assets
Deferred Long Term Liab	+ 1.0	Other Assets
Short Term Debt	+ 1.0	Good Will
Accounts Payable	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Other Assets	- 0.98	Other Liab
Deferred Long Term Liab	- 0.97	Other Liab
Property Plant Equipment	- 0.97	Other Liab
Non Current Assets Total	- 0.94	Other Liab
Net Receivables	- 0.93	Other Liab
Other Liab	- 0.93	Total Current Liabilities