Hangzhou Net Invested Capital vs Good Will Analysis

688039 Stock   24.69  1.66  6.30%   
Hangzhou Arcvideo financial indicator trend analysis is much more than just examining Hangzhou Arcvideo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Arcvideo is a good investment. Please check the relationship between Hangzhou Arcvideo Net Invested Capital and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Arcvideo 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 nation.

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Arcvideo Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hangzhou Arcvideo's Net Invested Capital and Good Will is -0.63. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Hangzhou Arcvideo Technology, assuming nothing else is changed. The correlation between historical values of Hangzhou Arcvideo's Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Hangzhou Arcvideo Technology are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Hangzhou Arcvideo's Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.
Most indicators from Hangzhou Arcvideo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Arcvideo 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 Hangzhou Arcvideo 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 nation.
The current year's Tax Provision is expected to grow to about (20 M). In addition to that, Selling General Administrative is expected to decline to about 40.9 M
 2022 2023 2024 2025 (projected)
Gross Profit90.6M117.3M134.9M144.5M
Total Revenue331.4M332.6M382.5M299.3M

Hangzhou Arcvideo fundamental ratios Correlations

0.861.00.530.950.770.730.970.960.130.860.920.95-0.970.950.990.760.820.670.670.57-0.32-0.62-0.76-0.320.51
0.860.830.10.880.470.960.90.850.511.00.680.88-0.880.910.860.470.90.940.940.88-0.67-0.87-0.93-0.670.84
1.00.830.590.930.830.680.950.950.080.820.950.93-0.980.930.990.810.780.620.610.52-0.3-0.56-0.71-0.30.45
0.530.10.590.470.8-0.130.430.57-0.60.10.750.41-0.480.360.50.81-0.01-0.22-0.22-0.360.310.26-0.050.31-0.41
0.950.880.930.470.630.770.980.980.220.880.830.96-0.910.960.940.630.810.710.710.59-0.31-0.64-0.87-0.310.52
0.770.470.830.80.630.250.660.7-0.340.470.950.57-0.790.590.770.980.380.170.170.1-0.16-0.1-0.29-0.160.09
0.730.960.68-0.130.770.250.770.730.680.960.480.8-0.760.830.740.250.871.00.990.95-0.7-0.97-0.93-0.70.89
0.970.90.950.430.980.660.770.950.190.90.850.94-0.940.950.960.640.870.720.720.64-0.35-0.66-0.82-0.350.59
0.960.850.950.570.980.70.730.950.150.850.880.95-0.930.940.950.710.740.670.660.52-0.29-0.61-0.83-0.290.44
0.130.510.08-0.60.22-0.340.680.190.150.52-0.140.32-0.160.380.2-0.250.510.720.720.74-0.59-0.71-0.58-0.590.72
0.861.00.820.10.880.470.960.90.850.520.680.87-0.880.910.860.470.90.940.940.89-0.67-0.87-0.94-0.670.84
0.920.680.950.750.830.950.480.850.88-0.140.680.79-0.920.80.920.940.590.40.40.31-0.24-0.33-0.53-0.240.28
0.950.880.930.410.960.570.80.940.950.320.870.79-0.90.990.940.590.830.750.750.63-0.32-0.72-0.83-0.320.55
-0.97-0.88-0.98-0.48-0.91-0.79-0.76-0.94-0.93-0.16-0.88-0.92-0.9-0.91-0.98-0.77-0.8-0.7-0.7-0.620.410.650.750.41-0.56
0.950.910.930.360.960.590.830.950.940.380.910.80.99-0.910.950.610.880.780.780.69-0.41-0.73-0.85-0.410.62
0.990.860.990.50.940.770.740.960.950.20.860.920.94-0.980.950.780.830.680.680.59-0.35-0.63-0.76-0.350.53
0.760.470.810.810.630.980.250.640.71-0.250.470.940.59-0.770.610.780.360.170.170.09-0.18-0.09-0.31-0.180.08
0.820.90.78-0.010.810.380.870.870.740.510.90.590.83-0.80.880.830.360.860.860.85-0.5-0.81-0.79-0.50.83
0.670.940.62-0.220.710.171.00.720.670.720.940.40.75-0.70.780.680.170.861.00.97-0.72-0.98-0.91-0.720.91
0.670.940.61-0.220.710.170.990.720.660.720.940.40.75-0.70.780.680.170.861.00.97-0.72-0.97-0.91-0.720.92
0.570.880.52-0.360.590.10.950.640.520.740.890.310.63-0.620.690.590.090.850.970.97-0.78-0.94-0.81-0.780.98
-0.32-0.67-0.30.31-0.31-0.16-0.7-0.35-0.29-0.59-0.67-0.24-0.320.41-0.41-0.35-0.18-0.5-0.72-0.72-0.780.620.541.0-0.81
-0.62-0.87-0.560.26-0.64-0.1-0.97-0.66-0.61-0.71-0.87-0.33-0.720.65-0.73-0.63-0.09-0.81-0.98-0.97-0.940.620.860.62-0.85
-0.76-0.93-0.71-0.05-0.87-0.29-0.93-0.82-0.83-0.58-0.94-0.53-0.830.75-0.85-0.76-0.31-0.79-0.91-0.91-0.810.540.860.54-0.73
-0.32-0.67-0.30.31-0.31-0.16-0.7-0.35-0.29-0.59-0.67-0.24-0.320.41-0.41-0.35-0.18-0.5-0.72-0.72-0.781.00.620.54-0.81
0.510.840.45-0.410.520.090.890.590.440.720.840.280.55-0.560.620.530.080.830.910.920.98-0.81-0.85-0.73-0.81
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Hangzhou Arcvideo Account Relationship Matchups

Hangzhou Arcvideo fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.6B1.8B1.6B1.6B1.8B1.2B
Total Current Liabilities147.7M254.0M244.8M329.5M378.9M397.8M
Total Stockholder Equity1.5B1.5B1.4B1.2B1.4B1.1B
Retained Earnings229.9M245.4M126.7M(11.5M)(13.2M)(12.5M)
Accounts Payable105.4M197.9M144.6M144.2M165.8M100.7M
Cash974.0M877.7M420.7M288.1M331.4M592.4M
Non Current Assets Total147.2M315.4M712.1M814.5M936.6M983.5M
Net Receivables250.8M357.8M258.9M334.2M384.3M228.2M
Non Current Liabilities Total1.2M10.7M7.7M11.6M13.4M14.1M
Inventory40.2M60.9M54.8M40.8M46.9M37.0M
Other Current Assets16.5M17.0M34.4M44.0M50.6M53.1M
Total Liab148.8M264.7M252.4M341.1M392.3M411.9M
Total Current Assets1.5B1.5B913.6M783.0M900.5M960.7M
Intangible Assets48.4M48.0M55.9M48.9M56.3M33.9M
Other Current Liab129.4K158.3K135.6K85.0K76.5K72.7K
Common Stock Shares Outstanding80M112M112.4M111.9M128.7M102.0M
Net Invested Capital1.5B1.6B1.4B1.4B1.6B1.3B
Net Working Capital1.3B1.2B668.8M453.5M521.6M894.8M
Property Plant And Equipment Net25.4M117.7M347.0M433.4M498.4M523.3M
Property Plant And Equipment Gross31.7M126.6M362.5M466.7M536.7M563.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Hangzhou Stock

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