Hangzhou Non Currrent Assets Other vs Capital Lease Obligations Analysis

688109 Stock

21.82 0.79 3.49%

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 Non Currrent Assets Other and its Capital Lease Obligations 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.

Non Currrent Assets Other vs Capital Lease Obligations

Non Currrent Assets Other vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hangzhou Pinming Software Non Currrent Assets Other account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Hangzhou Pinming's Non Currrent Assets Other and Capital Lease Obligations is -0.56. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Capital Lease Obligations 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 Non Currrent Assets Other and Capital Lease Obligations 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 Hangzhou Pinming Software are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Non Currrent Assets Other i.e., Hangzhou Pinming's Non Currrent Assets Other and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Capital Lease Obligations

Hangzhou Pinming Software capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Hangzhou Pinming asset purchases. For example, Hangzhou Pinming can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Hangzhou Pinming control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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 (1.2 M). In addition to that, Selling General Administrative is expected to decline to about 162.7 M

	2022	2023	2024	2025 (projected)
Interest Expense	768.3K	561.0K	645.2K	535.2K
Interest Income	2.6M	1.8M	2.0M	2.2M

Interest Expense Interest Income

Hangzhou Pinming fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Short Term Investments	Capital Lease Obligations	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.9	0.96	1.0	0.27	0.99	0.55	0.93	0.82	0.93	-0.43	0.98	0.97	0.86	0.95	1.0	1.0	0.85	1.0	0.91	-0.62	0.55	-0.9	0.88	0.89
Other Current Liab	-0.9		-0.95	-0.89	-0.45	-0.89	-0.41	-0.99	-0.74	-0.82	0.47	-0.95	-0.92	-0.73	-0.97	-0.89	-0.89	-0.73	-0.89	-0.85	0.6	-0.51	0.8	-0.77	-0.77
Total Current Liabilities	0.96	-0.95		0.95	0.23	0.98	0.6	0.96	0.69	0.95	-0.5	0.99	0.96	0.73	1.0	0.95	0.96	0.9	0.95	0.93	-0.75	0.53	-0.93	0.87	0.86
Total Stockholder Equity	1.0	-0.89	0.95		0.27	0.98	0.54	0.92	0.83	0.92	-0.42	0.98	0.96	0.87	0.94	1.0	1.0	0.84	1.0	0.9	-0.61	0.55	-0.89	0.87	0.89
Retained Earnings	0.27	-0.45	0.23	0.27		0.15	-0.08	0.47	0.42	-0.04	0.17	0.29	0.2	0.55	0.31	0.27	0.26	-0.04	0.27	0.05	0.38	-0.19	0.1	0.15	0.28
Accounts Payable	0.99	-0.89	0.98	0.98	0.15		0.61	0.91	0.74	0.98	-0.45	0.98	0.96	0.77	0.96	0.98	0.99	0.91	0.98	0.93	-0.73	0.57	-0.95	0.86	0.87
Cash	0.55	-0.41	0.6	0.54	-0.08	0.61		0.46	0.02	0.65	-0.41	0.57	0.4	0.44	0.57	0.54	0.55	0.87	0.54	0.68	-0.67	-0.2	-0.68	0.68	0.78
Non Current Assets Total	0.93	-0.99	0.96	0.92	0.47	0.91	0.46		0.76	0.84	-0.45	0.97	0.93	0.79	0.98	0.93	0.93	0.77	0.92	0.86	-0.58	0.48	-0.81	0.82	0.82
Non Currrent Assets Other	0.82	-0.74	0.69	0.83	0.42	0.74	0.02	0.76		0.62	-0.27	0.76	0.84	0.84	0.71	0.83	0.82	0.4	0.83	0.62	-0.21	0.67	-0.56	0.65	0.61
Net Receivables	0.93	-0.82	0.95	0.92	-0.04	0.98	0.65	0.84	0.62		-0.45	0.94	0.93	0.63	0.92	0.92	0.93	0.94	0.92	0.91	-0.82	0.6	-0.99	0.81	0.81
Good Will	-0.43	0.47	-0.5	-0.42	0.17	-0.45	-0.41	-0.45	-0.27	-0.45		-0.49	-0.48	-0.3	-0.5	-0.42	-0.43	-0.49	-0.42	-0.72	0.72	-0.24	0.54	-0.73	-0.57
Common Stock Shares Outstanding	0.98	-0.95	0.99	0.98	0.29	0.98	0.57	0.97	0.76	0.94	-0.49		0.97	0.8	0.99	0.98	0.98	0.87	0.97	0.93	-0.69	0.53	-0.91	0.88	0.88
Inventory	0.97	-0.92	0.96	0.96	0.2	0.96	0.4	0.93	0.84	0.93	-0.48	0.97		0.74	0.95	0.96	0.96	0.78	0.96	0.88	-0.67	0.72	-0.89	0.83	0.78
Other Current Assets	0.86	-0.73	0.73	0.87	0.55	0.77	0.44	0.79	0.84	0.63	-0.3	0.8	0.74		0.74	0.87	0.86	0.6	0.87	0.71	-0.24	0.23	-0.59	0.79	0.87
Total Liab	0.95	-0.97	1.0	0.94	0.31	0.96	0.57	0.98	0.71	0.92	-0.5	0.99	0.95	0.74		0.94	0.95	0.86	0.94	0.91	-0.71	0.51	-0.9	0.85	0.85
Net Invested Capital	1.0	-0.89	0.95	1.0	0.27	0.98	0.54	0.93	0.83	0.92	-0.42	0.98	0.96	0.87	0.94		1.0	0.84	1.0	0.9	-0.61	0.55	-0.89	0.87	0.89
Total Current Assets	1.0	-0.89	0.96	1.0	0.26	0.99	0.55	0.93	0.82	0.93	-0.43	0.98	0.96	0.86	0.95	1.0		0.85	1.0	0.91	-0.62	0.55	-0.9	0.88	0.89
Capital Stock	0.85	-0.73	0.9	0.84	-0.04	0.91	0.87	0.77	0.4	0.94	-0.49	0.87	0.78	0.6	0.86	0.84	0.85		0.84	0.9	-0.84	0.29	-0.94	0.84	0.87
Net Working Capital	1.0	-0.89	0.95	1.0	0.27	0.98	0.54	0.92	0.83	0.92	-0.42	0.97	0.96	0.87	0.94	1.0	1.0	0.84		0.9	-0.61	0.55	-0.89	0.87	0.89
Intangible Assets	0.91	-0.85	0.93	0.9	0.05	0.93	0.68	0.86	0.62	0.91	-0.72	0.93	0.88	0.71	0.91	0.9	0.91	0.9	0.9		-0.84	0.46	-0.95	0.92	0.9
Property Plant And Equipment Net	-0.62	0.6	-0.75	-0.61	0.38	-0.73	-0.67	-0.58	-0.21	-0.82	0.72	-0.69	-0.67	-0.24	-0.71	-0.61	-0.62	-0.84	-0.61	-0.84		-0.45	0.89	-0.69	-0.61
Short Term Investments	0.55	-0.51	0.53	0.55	-0.19	0.57	-0.2	0.48	0.67	0.6	-0.24	0.53	0.72	0.23	0.51	0.55	0.55	0.29	0.55	0.46	-0.45		-0.56	0.32	0.16
Capital Lease Obligations	-0.9	0.8	-0.93	-0.89	0.1	-0.95	-0.68	-0.81	-0.56	-0.99	0.54	-0.91	-0.89	-0.59	-0.9	-0.89	-0.9	-0.94	-0.89	-0.95	0.89	-0.56		-0.81	-0.8
Property Plant And Equipment Gross	0.88	-0.77	0.87	0.87	0.15	0.86	0.68	0.82	0.65	0.81	-0.73	0.88	0.83	0.79	0.85	0.87	0.88	0.84	0.87	0.92	-0.69	0.32	-0.81		0.95
Short Long Term Debt	0.89	-0.77	0.86	0.89	0.28	0.87	0.78	0.82	0.61	0.81	-0.57	0.88	0.78	0.87	0.85	0.89	0.89	0.87	0.89	0.9	-0.61	0.16	-0.8	0.95

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Hangzhou Pinming Account Relationship Matchups

Hangzhou Pinming fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	388.7M	1.0B	949.5M	911.3M	1.0B	780.9M
Other Current Liab	1.4M	1.4M	1.3M	1.3M	1.1M	1.1M
Total Current Liabilities	96.2M	113.1M	122.1M	126.8M	145.8M	115.1M
Total Stockholder Equity	279.4M	909.8M	821.2M	779.2M	896.1M	658.1M
Retained Earnings	198.5M	212.9M	124.2M	135.8M	122.2M	128.1M
Accounts Payable	11.3M	27.6M	31.4M	32.3M	37.2M	24.3M
Cash	138.0M	183.3M	107.0M	259.7M	298.7M	186.3M
Non Current Assets Total	31.7M	37.7M	33.3M	33.1M	38.1M	32.2M
Non Currrent Assets Other	413.1K	1.3M	1.2M	514.1K	591.2K	840.2K
Net Receivables	76.5M	140.0M	219.4M	229.0M	263.3M	161.7M
Non Current Liabilities Total	13.1M	10.5M	6.2M	5.3M	6.1M	7.8M
Inventory	18.4M	23.7M	28.3M	22.8M	26.2M	23.8M
Other Current Assets	9.9M	496.7M	134.0M	181.5M	208.8M	181.6M
Total Liab	109.3M	123.6M	128.3M	132.1M	151.9M	122.9M
Net Invested Capital	284.9M	918.1M	827.2M	786.7M	904.7M	664.1M
Total Current Assets	357.0M	995.7M	916.2M	878.2M	1.0B	748.7M
Net Working Capital	260.8M	882.6M	794.2M	751.4M	864.1M	633.6M
Intangible Assets	398.1K	2.0M	2.0M	3.2M	3.6M	3.8M

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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.

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Hangzhou Non Currrent Assets Other vs Capital Lease Obligations Analysis

Non Currrent Assets Other vs Capital Lease Obligations

Non Currrent Assets Other vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Capital Lease Obligations

Hangzhou Pinming fundamental ratios Correlations

Hangzhou Pinming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hangzhou Pinming fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Hangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Capital Lease Obligations	- 0.99	Net Receivables
Non Current Assets Total	- 0.99	Other Current Liab
Total Liab	- 0.97	Other Current Liab
Capital Lease Obligations	- 0.95	Intangible Assets
Capital Lease Obligations	- 0.95	Accounts Payable
Common Stock Shares Outstanding	- 0.95	Other Current Liab