Hangzhou Net Receivables vs Cash Analysis

688109 Stock   26.81  0.03  0.11%   
Hangzhou Pinming financial indicator trend analysis is much more than just examining Hangzhou Pinming Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Pinming Software is a good investment. Please check the relationship between Hangzhou Pinming Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Pinming Software. 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.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Pinming Software Net Receivables account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hangzhou Pinming's Net Receivables and Cash is 0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Hangzhou Pinming Software, assuming nothing else is changed. The correlation between historical values of Hangzhou Pinming's Net Receivables and Cash 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 Receivables of Hangzhou Pinming Software are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Hangzhou Pinming's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Cash

Cash refers to the most liquid asset of Hangzhou Pinming Software, which is listed under current asset account on Hangzhou Pinming Software balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hangzhou Pinming customers. The amounts must be unrestricted with restricted cash listed in a different Hangzhou Pinming account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Hangzhou Pinming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Pinming Software 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 Pinming Software. 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 Tax Provision is expected to grow to about (1.4 M). In addition to that, Selling General Administrative is expected to decline to about 162.7 M
 2021 2022 2023 2024 (projected)
Interest Expense913.8K768.3K561.0K535.2K
Interest Income5.1M2.6M1.8M2.2M

Hangzhou Pinming fundamental ratios Correlations

-0.890.961.00.40.980.340.920.90.92-0.480.970.960.870.941.01.00.841.00.95-0.490.59-0.870.860.87
-0.89-0.97-0.88-0.55-0.89-0.25-0.99-0.76-0.810.53-0.94-0.91-0.71-0.99-0.88-0.88-0.75-0.87-0.850.53-0.530.79-0.77-0.75
0.96-0.970.940.390.970.350.970.790.93-0.570.990.960.731.00.950.950.860.940.94-0.630.6-0.90.80.79
1.0-0.880.940.390.980.340.910.90.91-0.470.960.950.880.931.01.00.831.00.95-0.480.59-0.860.860.87
0.4-0.550.390.390.280.060.60.440.080.120.390.30.620.460.390.390.110.380.260.36-0.190.010.350.47
0.98-0.890.970.980.280.380.90.830.97-0.520.980.960.780.950.980.980.890.980.98-0.610.64-0.940.80.82
0.34-0.250.350.340.060.380.26-0.040.39-0.560.440.130.380.320.340.350.720.340.56-0.43-0.34-0.490.380.63
0.92-0.990.970.910.60.90.260.810.81-0.480.950.920.780.990.910.910.740.90.86-0.460.5-0.770.790.79
0.9-0.760.790.90.440.83-0.040.810.72-0.250.780.90.850.790.90.90.520.90.72-0.220.67-0.620.810.72
0.92-0.810.930.910.080.970.390.810.72-0.550.940.920.620.890.910.920.920.910.96-0.730.7-0.980.70.7
-0.480.53-0.57-0.470.12-0.52-0.56-0.48-0.25-0.55-0.56-0.48-0.32-0.55-0.47-0.48-0.67-0.47-0.570.86-0.220.69-0.72-0.62
0.97-0.940.990.960.390.980.440.950.780.94-0.560.940.770.980.960.960.90.960.97-0.610.54-0.910.80.84
0.96-0.910.960.950.30.960.130.920.90.92-0.480.940.730.950.950.960.750.950.88-0.570.77-0.870.80.72
0.87-0.710.730.880.620.780.380.780.850.62-0.320.770.730.740.880.870.620.880.76-0.110.23-0.560.860.93
0.94-0.991.00.930.460.950.320.990.790.89-0.550.980.950.740.930.940.820.930.92-0.580.57-0.860.80.79
1.0-0.880.951.00.390.980.340.910.90.91-0.470.960.950.880.931.00.831.00.95-0.480.59-0.860.860.87
1.0-0.880.951.00.390.980.350.910.90.92-0.480.960.960.870.941.00.841.00.95-0.490.59-0.870.860.87
0.84-0.750.860.830.110.890.720.740.520.92-0.670.90.750.620.820.830.840.830.96-0.740.38-0.950.70.8
1.0-0.870.941.00.380.980.340.90.90.91-0.470.960.950.880.931.01.00.830.94-0.480.59-0.860.860.87
0.95-0.850.940.950.260.980.560.860.720.96-0.570.970.880.760.920.950.950.960.94-0.640.5-0.950.770.85
-0.490.53-0.63-0.480.36-0.61-0.43-0.46-0.22-0.730.86-0.61-0.57-0.11-0.58-0.48-0.49-0.74-0.48-0.64-0.520.83-0.5-0.4
0.59-0.530.60.59-0.190.64-0.340.50.670.7-0.220.540.770.230.570.590.590.380.590.5-0.52-0.640.390.17
-0.870.79-0.9-0.860.01-0.94-0.49-0.77-0.62-0.980.69-0.91-0.87-0.56-0.86-0.86-0.87-0.95-0.86-0.950.83-0.64-0.72-0.71
0.86-0.770.80.860.350.80.380.790.810.7-0.720.80.80.860.80.860.860.70.860.77-0.50.39-0.720.93
0.87-0.750.790.870.470.820.630.790.720.7-0.620.840.720.930.790.870.870.80.870.85-0.40.17-0.710.93
Click cells to compare fundamentals

Hangzhou Pinming Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Hangzhou Stock

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