Hainan Ebitda vs Total Operating Expenses Analysis

600221 Stock   1.98  0.01  0.50%   
Hainan Airlines financial indicator trend analysis is much more than just examining Hainan Airlines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Airlines is a good investment. Please check the relationship between Hainan Airlines Ebitda and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines Co. 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.

Ebitda vs Total Operating Expenses

Ebitda vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Airlines Ebitda account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hainan Airlines' Ebitda and Total Operating Expenses is -0.08. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Ebitda and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Hainan Airlines Co are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebitda i.e., Hainan Airlines' Ebitda and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebitda

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines 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 Hainan Airlines Co. 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 2 B, whereas Tax Provision is forecasted to decline to (796.6 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses571.4M357.0M410.6M806.6M
Minority Interest673.7M1.2B83.1M79.0M

Hainan Airlines fundamental ratios Correlations

0.250.670.460.490.050.390.590.850.130.470.080.690.820.370.230.610.320.290.170.060.770.530.13-0.210.61
0.250.73-0.490.1-0.220.5-0.210.090.24-0.050.19-0.080.580.07-0.1-0.120.280.32-0.55-0.50.26-0.320.04-0.430.6
0.670.730.020.260.030.550.280.57-0.210.540.110.420.710.08-0.070.090.480.29-0.11-0.080.640.260.38-0.680.91
0.46-0.490.02-0.180.75-0.270.80.67-0.240.43-0.60.47-0.12-0.31-0.320.090.05-0.510.930.830.180.830.61-0.30.26
0.490.10.26-0.18-0.710.25-0.180.240.160.270.820.20.620.910.870.810.150.83-0.46-0.540.63-0.15-0.550.35-0.02
0.05-0.220.030.75-0.71-0.290.60.33-0.320.27-0.890.11-0.4-0.81-0.85-0.530.13-0.80.880.86-0.220.660.87-0.60.37
0.390.50.55-0.270.25-0.290.150.330.210.080.230.260.620.140.170.210.260.4-0.38-0.330.4-0.02-0.09-0.10.4
0.59-0.210.280.8-0.180.60.150.78-0.110.27-0.590.630.14-0.26-0.250.21-0.07-0.520.70.70.370.750.59-0.410.44
0.850.090.570.670.240.330.330.78-0.020.46-0.280.670.520.060.020.390.09-0.060.450.440.580.610.44-0.410.6
0.130.24-0.21-0.240.16-0.320.21-0.11-0.02-0.660.08-0.170.330.350.290.4-0.20.17-0.42-0.49-0.11-0.42-0.530.5-0.33
0.47-0.050.540.430.270.270.080.270.46-0.660.090.360.250.01-0.080.040.680.220.370.310.420.580.46-0.480.55
0.080.190.11-0.60.82-0.890.23-0.59-0.280.080.09-0.090.450.820.810.530.180.91-0.73-0.810.42-0.42-0.740.49-0.18
0.69-0.080.420.470.20.110.260.630.67-0.170.36-0.090.490.160.180.440.110.060.270.280.450.490.18-0.180.36
0.820.580.71-0.120.62-0.40.620.140.520.330.250.450.490.580.430.60.350.66-0.4-0.460.680.07-0.26-0.020.49
0.370.070.08-0.310.91-0.810.14-0.260.060.350.010.820.160.580.940.84-0.030.78-0.58-0.630.5-0.3-0.720.53-0.21
0.23-0.1-0.07-0.320.87-0.850.17-0.250.020.29-0.080.810.180.430.940.85-0.170.72-0.55-0.590.42-0.36-0.770.63-0.37
0.61-0.120.090.090.81-0.530.210.210.390.40.040.530.440.60.840.85-0.070.51-0.24-0.340.60.0-0.520.46-0.14
0.320.280.480.050.150.130.26-0.070.09-0.20.680.180.110.35-0.03-0.17-0.070.39-0.02-0.160.10.160.18-0.310.39
0.290.320.29-0.510.83-0.80.4-0.52-0.060.170.220.910.060.660.780.720.510.39-0.7-0.780.4-0.34-0.670.4-0.03
0.17-0.55-0.110.93-0.460.88-0.380.70.45-0.420.37-0.730.27-0.4-0.58-0.55-0.24-0.02-0.70.94-0.030.810.72-0.360.21
0.06-0.5-0.080.83-0.540.86-0.330.70.44-0.490.31-0.810.28-0.46-0.63-0.59-0.34-0.16-0.780.94-0.110.720.8-0.480.24
0.770.260.640.180.63-0.220.40.370.58-0.110.420.420.450.680.50.420.60.10.4-0.03-0.110.420.0-0.150.59
0.53-0.320.260.83-0.150.66-0.020.750.61-0.420.58-0.420.490.07-0.3-0.360.00.16-0.340.810.720.420.6-0.350.52
0.130.040.380.61-0.550.87-0.090.590.44-0.530.46-0.740.18-0.26-0.72-0.77-0.520.18-0.670.720.80.00.6-0.890.64
-0.21-0.43-0.68-0.30.35-0.6-0.1-0.41-0.410.5-0.480.49-0.18-0.020.530.630.46-0.310.4-0.36-0.48-0.15-0.35-0.89-0.81
0.610.60.910.26-0.020.370.40.440.6-0.330.55-0.180.360.49-0.21-0.37-0.140.39-0.030.210.240.590.520.64-0.81
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Hainan Airlines Account Relationship Matchups

Hainan Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets196.5B164.6B143.3B138.1B134.0B102.2B
Other Current Liab8.7B112.3B6.0B4.7B133.0M126.4M
Total Current Liabilities130.7B178.9B23.1B30.8B32.9B43.7B
Total Stockholder Equity52.2B(28.4B)8.5B1.2B2.3B2.2B
Other Liab10.9B8.0B9.2B10.7B12.3B13.0B
Retained Earnings12.7B(51.7B)(49.3B)(74.2B)(76.5B)(72.7B)
Accounts Payable8.5B14.6B4.7B7.6B11.6B6.1B
Cash20.1B8.2B8.8B10.6B8.9B14.8B
Other Assets19.8B13.9B5.7B12.1B14.0B9.9B
Long Term Debt4.7B3.1B48.7B46.6B45.6B27.4B
Net Receivables29.8B2.4B2.1B1.1B2.6B4.1B
Inventory1.0B1.1B1.5B1.3B1.5B1.6B
Other Current Assets2.4B1.4B1.6B2.1B1.9B1.5B
Total Liab134.4B186.8B132.3B137.7B132.5B81.2B
Intangible Assets792.7M888.6M1.3B1.6B1.6B1.6B
Property Plant Equipment67.9B56.5B97.7B89.5B102.9B108.0B
Short Term Investments10.2B4.6B5.2B277.8M442.3M420.2M
Net Tangible Assets49.9B(30.1B)6.4B(1.2B)(1.1B)(1.1B)
Other Stockholder Equity4.3B(11.5B)(10.1B)(5.3B)(4.8B)(4.5B)
Deferred Long Term Liab1.4B1.4B1.2B1.0B1.2B1.4B
Non Current Assets Total146.3B98.3B113.3B115.5B106.9B100.3B
Non Currrent Assets Other11.1B7.4B1.7B1.9B2.7B5.4B
Non Current Liabilities Total14.2B8.0B109.2B106.8B99.5B62.0B
Short Long Term Debt30.8B28.7B35.1B79.6M1.6B1.5B
Total Current Assets63.6B66.3B30.0B22.6B27.1B33.7B
Non Current Liabilities Other6.3B7.7B8.9B9.7B10.0B5.9B
Net Invested Capital83.3B6.8B57.2B47.9B49.5B51.7B
Net Working Capital(70.0B)(112.6B)6.9B(8.3B)(5.8B)(6.1B)

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Other Information on Investing in Hainan Stock

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