Hygon Change In Cash vs Dividends Paid Analysis

688041 Stock   136.70  5.64  4.30%   
Hygon Information financial indicator trend analysis is much more than just examining Hygon Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hygon Information is a good investment. Please check the relationship between Hygon Information Change In Cash and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hygon 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 nation.

Change In Cash vs Dividends Paid

Change In Cash vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hygon Information Change In Cash account and Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hygon Information's Change In Cash and Dividends Paid is -0.53. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Hygon Information Technology, assuming nothing else is changed. The correlation between historical values of Hygon Information's Change In Cash and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Hygon Information Technology are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Cash i.e., Hygon Information's Change In Cash and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Hygon Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hygon 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 Hygon 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 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 138.6 M
 2021 2022 2023 2024 (projected)
Interest Expense24.6M29.5M36.2M26.3M
Interest Income28.3M120.1M305.1M320.4M

Hygon Information fundamental ratios Correlations

0.58-0.78-0.74-0.76-0.78-0.77-0.83-0.76-0.82-0.81-0.76-0.75-0.730.580.54-0.74-0.8-0.360.32-0.77-0.780.6-0.77-0.73-0.69
0.58-0.61-0.61-0.6-0.63-0.89-0.62-0.55-0.8-0.68-0.68-0.64-0.731.00.79-0.43-0.550.240.76-0.61-0.650.81-0.58-0.73-0.94
-0.78-0.610.691.01.00.90.930.990.930.980.870.980.95-0.61-0.740.840.840.47-0.521.00.99-0.831.00.950.8
-0.74-0.610.690.650.70.750.90.640.860.80.850.660.63-0.61-0.40.760.960.31-0.10.660.71-0.430.660.630.68
-0.76-0.61.00.651.00.890.90.990.910.970.860.980.95-0.6-0.760.810.810.45-0.551.00.99-0.841.00.950.8
-0.78-0.631.00.71.00.910.920.980.940.990.90.990.96-0.63-0.780.80.850.41-0.551.01.0-0.840.990.960.83
-0.77-0.890.90.750.890.910.880.860.980.940.90.910.95-0.89-0.860.690.80.11-0.70.90.92-0.910.880.950.98
-0.83-0.620.930.90.90.920.880.910.950.960.890.870.83-0.62-0.560.920.970.52-0.290.910.91-0.650.910.830.76
-0.76-0.550.990.640.990.980.860.910.890.960.820.960.92-0.55-0.690.860.810.54-0.480.990.97-0.791.00.920.74
-0.82-0.80.930.860.910.940.980.950.890.980.940.920.93-0.8-0.770.790.910.26-0.540.920.95-0.820.910.930.92
-0.81-0.680.980.80.970.990.940.960.960.980.950.970.95-0.68-0.760.820.910.37-0.510.980.99-0.820.970.950.86
-0.76-0.680.870.850.860.90.90.890.820.940.950.920.91-0.68-0.780.650.910.16-0.490.870.93-0.770.850.910.86
-0.75-0.640.980.660.980.990.910.870.960.920.970.920.99-0.64-0.840.710.80.3-0.620.981.0-0.890.970.990.85
-0.73-0.730.950.630.950.960.950.830.920.930.950.910.99-0.73-0.910.640.750.16-0.730.960.98-0.950.941.00.91
0.581.0-0.61-0.61-0.6-0.63-0.89-0.62-0.55-0.8-0.68-0.68-0.64-0.730.79-0.43-0.550.240.76-0.61-0.650.81-0.58-0.73-0.94
0.540.79-0.74-0.4-0.76-0.78-0.86-0.56-0.69-0.77-0.76-0.78-0.84-0.910.79-0.3-0.480.230.92-0.76-0.810.98-0.73-0.91-0.92
-0.74-0.430.840.760.810.80.690.920.860.790.820.650.710.64-0.43-0.30.860.77-0.080.810.77-0.450.840.640.53
-0.8-0.550.840.960.810.850.80.970.810.910.910.910.80.75-0.55-0.480.860.47-0.160.820.85-0.530.820.750.69
-0.360.240.470.310.450.410.110.520.540.260.370.160.30.160.240.230.770.470.410.440.350.070.490.16-0.11
0.320.76-0.52-0.1-0.55-0.55-0.7-0.29-0.48-0.54-0.51-0.49-0.62-0.730.760.92-0.08-0.160.41-0.55-0.570.91-0.52-0.73-0.8
-0.77-0.611.00.661.01.00.90.910.990.920.980.870.980.96-0.61-0.760.810.820.44-0.550.99-0.841.00.960.8
-0.78-0.650.990.710.991.00.920.910.970.950.990.931.00.98-0.65-0.810.770.850.35-0.570.99-0.860.980.980.85
0.60.81-0.83-0.43-0.84-0.84-0.91-0.65-0.79-0.82-0.82-0.77-0.89-0.950.810.98-0.45-0.530.070.91-0.84-0.86-0.82-0.95-0.93
-0.77-0.581.00.661.00.990.880.911.00.910.970.850.970.94-0.58-0.730.840.820.49-0.521.00.98-0.820.940.78
-0.73-0.730.950.630.950.960.950.830.920.930.950.910.991.0-0.73-0.910.640.750.16-0.730.960.98-0.950.940.91
-0.69-0.940.80.680.80.830.980.760.740.920.860.860.850.91-0.94-0.920.530.69-0.11-0.80.80.85-0.930.780.91
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Other Information on Investing in Hygon Stock

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