Hunan Total Stockholder Equity vs Intangible Assets Analysis

301259 Stock   48.27  2.57  5.62%   
Hunan Airbluer financial indicator trend analysis is much more than just examining Hunan Airbluer Envir latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Airbluer Envir is a good investment. Please check the relationship between Hunan Airbluer Total Stockholder Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Airbluer Environmental. 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Airbluer Envir Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Hunan Airbluer's Total Stockholder Equity and Intangible Assets is -0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Hunan Airbluer Environmental, assuming nothing else is changed. The correlation between historical values of Hunan Airbluer's Total Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Hunan Airbluer Environmental are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Hunan Airbluer's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Hunan Airbluer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Airbluer Envir 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 Airbluer Environmental. 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 Tax Provision is expected to grow to about (5.2 M). In addition to that, Selling General Administrative is expected to decline to about 22.2 M
 2022 2023 2024 2025 (projected)
Interest Expense4.7M4.7M5.4M3.1M
Interest Income5.3M9.5M10.9M11.4M

Hunan Airbluer fundamental ratios Correlations

0.990.920.990.960.89-0.390.930.020.990.91-0.810.890.970.990.910.9-0.450.5-0.760.980.980.740.080.750.77
0.990.920.980.960.89-0.330.920.070.970.92-0.790.930.980.980.940.88-0.460.58-0.760.970.970.720.090.740.75
0.920.920.860.991.0-0.120.850.360.910.84-0.930.790.980.870.970.67-0.460.46-0.730.820.810.50.210.560.55
0.990.980.860.910.82-0.440.93-0.090.970.9-0.750.880.931.00.860.93-0.430.5-0.740.990.990.770.070.770.8
0.960.960.990.910.98-0.260.890.270.950.89-0.920.841.00.920.950.78-0.470.44-0.770.880.880.630.080.670.67
0.890.891.00.820.98-0.10.830.410.890.82-0.950.760.970.830.950.64-0.460.42-0.720.780.770.470.190.540.52
-0.39-0.33-0.12-0.44-0.26-0.1-0.520.64-0.48-0.510.23-0.22-0.27-0.44-0.01-0.710.470.30.54-0.5-0.51-0.850.73-0.81-0.84
0.930.920.850.930.890.83-0.52-0.140.950.98-0.770.80.90.930.830.88-0.710.41-0.920.940.940.77-0.120.840.83
0.020.070.36-0.090.270.410.64-0.14-0.01-0.08-0.40.080.23-0.070.32-0.320.290.090.18-0.17-0.17-0.390.36-0.4-0.39
0.990.970.910.970.950.89-0.480.95-0.010.92-0.850.830.960.980.860.91-0.510.37-0.810.960.960.78-0.020.80.81
0.910.920.840.90.890.82-0.510.98-0.080.92-0.740.850.90.910.840.87-0.730.47-0.930.910.910.8-0.210.860.85
-0.81-0.79-0.93-0.75-0.92-0.950.23-0.77-0.4-0.85-0.74-0.58-0.9-0.76-0.81-0.60.39-0.110.66-0.7-0.7-0.48-0.07-0.51-0.52
0.890.930.790.880.840.76-0.220.80.080.830.85-0.580.870.890.880.82-0.40.77-0.670.880.880.690.040.690.71
0.970.980.980.931.00.97-0.270.90.230.960.9-0.90.870.940.960.8-0.470.48-0.770.910.910.650.090.680.69
0.990.980.871.00.920.83-0.440.93-0.070.980.91-0.760.890.940.870.93-0.440.5-0.750.990.990.780.050.780.81
0.910.940.970.860.950.95-0.010.830.320.860.84-0.810.880.960.870.66-0.450.67-0.710.820.820.460.280.540.51
0.90.880.670.930.780.64-0.710.88-0.320.910.87-0.60.820.80.930.66-0.490.35-0.750.950.960.95-0.260.920.95
-0.45-0.46-0.46-0.43-0.47-0.460.47-0.710.29-0.51-0.730.39-0.4-0.47-0.44-0.45-0.49-0.230.92-0.47-0.47-0.530.41-0.72-0.59
0.50.580.460.50.440.420.30.410.090.370.47-0.110.770.480.50.670.35-0.23-0.340.50.490.170.390.240.2
-0.76-0.76-0.73-0.74-0.77-0.720.54-0.920.18-0.81-0.930.66-0.67-0.77-0.75-0.71-0.750.92-0.34-0.76-0.76-0.730.33-0.86-0.79
0.980.970.820.990.880.78-0.50.94-0.170.960.91-0.70.880.910.990.820.95-0.470.5-0.761.00.820.00.810.84
0.980.970.810.990.880.77-0.510.94-0.170.960.91-0.70.880.910.990.820.96-0.470.49-0.761.00.82-0.010.820.85
0.740.720.50.770.630.47-0.850.77-0.390.780.8-0.480.690.650.780.460.95-0.530.17-0.730.820.82-0.550.960.99
0.080.090.210.070.080.190.73-0.120.36-0.02-0.21-0.070.040.090.050.28-0.260.410.390.330.0-0.01-0.55-0.52-0.53
0.750.740.560.770.670.54-0.810.84-0.40.80.86-0.510.690.680.780.540.92-0.720.24-0.860.810.820.96-0.520.97
0.770.750.550.80.670.52-0.840.83-0.390.810.85-0.520.710.690.810.510.95-0.590.2-0.790.840.850.99-0.530.97
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Hunan Airbluer Account Relationship Matchups

Hunan Airbluer fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets666.4M911.0M1.6B1.4B1.7B1.1B
Other Current Liab27.2M42.7M59.5M54.3M62.4M46.4M
Total Current Liabilities363.4M470.5M543.9M418.0M480.7M453.6M
Total Stockholder Equity298.0M369.0M900.8M866.0M995.9M588.3M
Retained Earnings168.3M232.3M263.3M232.1M267.0M222.5M
Accounts Payable308.9M392.2M427.0M330.7M380.3M369.3M
Cash93.8M143.8M145.8M66.8M60.1M90.2M
Non Current Assets Total181.9M190.3M710.5M805.4M926.2M972.5M
Net Receivables309.6M431.8M319.4M257.2M231.5M254.1M
Non Current Liabilities Total0.066M102.0M149.1M171.5M180.1M
Inventory1.9M6.1M4.7M17.0M15.3M18.8M
Other Current Assets1.9M8.2M9.4M9.1M10.5M7.4M
Total Liab363.4M536.5M645.9M567.2M652.2M523.6M
Net Invested Capital298.0M439.0M982.0M978.0M1.1B646.2M
Total Current Assets484.5M720.7M844.4M638.9M734.7M698.8M
Net Working Capital121.1M250.1M300.6M220.9M254.0M245.2M
Intangible Assets12.6M12.3M12.0M11.8M10.6M9.8M

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Other Information on Investing in Hunan Stock

Balance Sheet is a snapshot of the financial position of Hunan Airbluer Envir at a specified time, usually calculated after every quarter, six months, or one year. Hunan Airbluer Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan Airbluer 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.