600515 Stock | | | 3.91 0.12 3.17% |
Hainan HNA financial indicator trend analysis is much more than just examining Hainan HNA Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan HNA Infrastructure is a good investment. Please check the relationship between Hainan HNA Non Currrent Assets Other and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan HNA Infrastructure. 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.
Non Currrent Assets Other vs Short Term Investments
Non Currrent Assets Other vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hainan HNA Infrastructure Non Currrent Assets Other account and
Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hainan HNA's Non Currrent Assets Other and Short Term Investments is 0.14. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Hainan HNA Infrastructure, assuming nothing else is changed. The correlation between historical values of Hainan HNA's Non Currrent Assets Other and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Hainan HNA Infrastructure are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Hainan HNA's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Short Term Investments
Short Term Investments is an item under the current assets section of Hainan HNA balance sheet. It contains any investments Hainan HNA Infrastructure undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hainan HNA Infrastructure can easily liquidate in the marketplace.
Most indicators from Hainan HNA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan HNA Infrastructure 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 HNA Infrastructure. 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.
The current year's
Selling General Administrative is expected to grow to about 726.3
M, whereas
Tax Provision is forecasted to decline to about 322.7
M.
Hainan HNA fundamental ratios Correlations
Click cells to compare fundamentals
Hainan HNA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hainan HNA fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hainan Stock
Balance Sheet is a snapshot of the
financial position of Hainan HNA Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Hainan HNA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan HNA 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.