Hanmi Long Term Investments vs Accounts Payable Analysis

HAFC Stock  USD 26.75  0.04  0.15%   
Hanmi Financial financial indicator trend analysis is much more than just examining Hanmi Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanmi Financial is a good investment. Please check the relationship between Hanmi Financial Long Term Investments and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanmi Financial Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hanmi Financial's Long Term Investments and Accounts Payable is -0.32. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hanmi Financial, assuming nothing else is changed. The correlation between historical values of Hanmi Financial's Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Hanmi Financial are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Hanmi Financial's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Hanmi Financial balance sheet that represents investments Hanmi Financial intends to hold for over a year. Hanmi Financial long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Hanmi Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hanmi Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hanmi Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanmi Financial 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.The current year's Enterprise Value is expected to grow to about 459.6 M, whereas Selling General Administrative is forecasted to decline to about 53.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense21.6M36.2M148.1M155.5M
Depreciation And Amortization4.6M15.1M9.2M6.7M

Hanmi Financial fundamental ratios Correlations

0.040.240.960.460.390.710.190.620.30.170.130.770.82-0.590.620.531.00.730.18-0.590.820.470.78-0.34-0.19
0.040.84-0.040.690.150.30.9-0.010.810.81-0.680.040.29-0.12-0.29-0.010.10.42-0.12-0.120.050.11-0.06-0.8-0.32
0.240.840.180.920.310.650.950.050.990.99-0.760.330.54-0.11-0.14-0.050.30.62-0.06-0.110.220.130.09-0.99-0.39
0.96-0.040.180.440.340.590.130.550.250.140.230.760.73-0.720.790.690.950.620.35-0.720.730.430.79-0.28-0.04
0.460.690.920.440.40.730.840.10.940.91-0.60.540.67-0.340.130.180.520.710.18-0.340.340.30.36-0.93-0.24
0.390.150.310.340.40.520.3-0.260.320.31-0.030.150.5-0.150.130.10.410.430.19-0.150.690.160.18-0.320.0
0.710.30.650.590.730.520.530.40.690.6-0.330.670.92-0.120.07-0.040.760.87-0.08-0.120.70.220.4-0.72-0.44
0.190.90.950.130.840.30.53-0.020.930.94-0.680.20.5-0.17-0.140.010.260.52-0.05-0.170.160.160.01-0.92-0.35
0.62-0.010.050.550.1-0.260.4-0.020.1-0.060.050.70.44-0.340.310.280.620.6-0.19-0.340.510.210.55-0.14-0.41
0.30.810.990.250.940.320.690.930.10.98-0.750.420.59-0.16-0.080.00.370.68-0.04-0.160.270.180.19-0.99-0.4
0.170.810.990.140.910.310.60.94-0.060.98-0.750.280.48-0.09-0.13-0.060.230.550.0-0.090.140.110.05-0.97-0.31
0.13-0.68-0.760.23-0.6-0.03-0.33-0.680.05-0.75-0.75-0.17-0.14-0.270.450.380.07-0.340.45-0.270.08-0.22-0.040.720.59
0.770.040.330.760.540.150.670.20.70.420.28-0.170.66-0.560.550.450.790.790.1-0.560.610.460.86-0.41-0.35
0.820.290.540.730.670.50.920.50.440.590.48-0.140.66-0.350.250.20.870.820.01-0.350.730.370.45-0.62-0.38
-0.59-0.12-0.11-0.72-0.34-0.15-0.12-0.17-0.34-0.16-0.09-0.27-0.56-0.35-0.87-0.98-0.58-0.33-0.541.0-0.37-0.38-0.640.14-0.16
0.62-0.29-0.140.790.130.130.07-0.140.31-0.08-0.130.450.550.25-0.870.910.580.180.58-0.870.380.340.70.090.29
0.53-0.01-0.050.690.180.1-0.040.010.280.0-0.060.380.450.2-0.980.910.50.180.59-0.980.310.350.620.020.28
1.00.10.30.950.520.410.760.260.620.370.230.070.790.87-0.580.580.50.770.16-0.580.820.470.76-0.4-0.23
0.730.420.620.620.710.430.870.520.60.680.55-0.340.790.82-0.330.180.180.77-0.02-0.330.770.320.58-0.69-0.44
0.18-0.12-0.060.350.180.19-0.08-0.05-0.19-0.040.00.450.10.01-0.540.580.590.16-0.02-0.540.020.180.20.040.86
-0.59-0.12-0.11-0.72-0.34-0.15-0.12-0.17-0.34-0.16-0.09-0.27-0.56-0.351.0-0.87-0.98-0.58-0.33-0.54-0.37-0.38-0.640.14-0.16
0.820.050.220.730.340.690.70.160.510.270.140.080.610.73-0.370.380.310.820.770.02-0.370.30.58-0.3-0.27
0.470.110.130.430.30.160.220.160.210.180.11-0.220.460.37-0.380.340.350.470.320.18-0.380.30.62-0.17-0.05
0.78-0.060.090.790.360.180.40.010.550.190.05-0.040.860.45-0.640.70.620.760.580.2-0.640.580.62-0.17-0.17
-0.34-0.8-0.99-0.28-0.93-0.32-0.72-0.92-0.14-0.99-0.970.72-0.41-0.620.140.090.02-0.4-0.690.040.14-0.3-0.17-0.170.39
-0.19-0.32-0.39-0.04-0.240.0-0.44-0.35-0.41-0.4-0.310.59-0.35-0.38-0.160.290.28-0.23-0.440.86-0.16-0.27-0.05-0.170.39
Click cells to compare fundamentals

Hanmi Financial Account Relationship Matchups

Hanmi Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.2B6.9B7.4B7.6B4.2B
Other Current Liab(11.2M)(47.3M)(95.2M)(7.8M)2.7B2.8B
Total Current Liabilities11.2M4.6M1.2M7.8M3.0B3.1B
Total Stockholder Equity563.3M577.0M643.4M637.5M701.9M421.4M
Property Plant And Equipment Net26.1M26.4M24.8M22.9M64.4M67.6M
Net Debt86.7M(122.9M)(256.5M)427.0M152.7M160.3M
Retained Earnings100.6M114.6M196.8M269.5M319.0M335.0M
Accounts Payable11.2M4.6M1.2M7.8M39.3M41.3M
Cash121.7M391.8M609.0M352.4M302.3M196.2M
Non Current Assets Total672.4M791.8M947.0M887.9M7.3B7.6B
Non Currrent Assets Other(36.8M)(791.8M)(947.0M)(887.9M)6.3B6.6B
Other Assets3.6B3.8B3.9B4.7B(1.9B)(1.8B)
Cash And Short Term Investments756.2M1.1B1.5B1.2B1.2B1.2B
Net Receivables495.6M439.6M499.3M613.3M627.1M658.5M
Common Stock Shares Outstanding30.8M30.3M30.5M30.4M30.3M20.7M
Liabilities And Stockholders Equity5.5B6.2B6.9B7.4B7.6B4.2B
Other Stockholder Equity459.3M459.3M455.0M456.9M454.7M383.6M
Total Liab5.0B5.6B6.2B6.7B6.9B4.4B
Property Plant And Equipment Gross26.1M26.4M67.8M68.1M66.9M70.3M
Total Current Assets1.3B1.6B2.0B1.8B2.2B2.7B
Accumulated Other Comprehensive Income3.4M3.1M(8.4M)(89.0M)(71.9M)(68.3M)
Short Long Term Debt Total208.4M269.0M352.5M779.4M455.0M255.6M
Short Term Investments634.5M753.8M910.8M853.8M865.7M515.1M
Inventory(133.5M)(454.6M)(665.7M)(423.3M)(5.8B)(5.5B)
Other Current Assets133.5M454.6M665.7M423.3M361.7M343.6M
Intangible Assets842K581K364K194K68K64.6K
Property Plant Equipment26.1M26.4M71.1M63.3M72.7M76.4M
Long Term Debt118.4M119.0M352.5M479.4M205.0M158.8M
Non Current Liabilities Total208.4M269.0M352.5M7.8M6.8B7.2B
Treasury Stock(108.6M)(116.5M)(119.0M)(125.8M)(113.2M)(118.8M)
Short Term Debt46.4M57.5M50M300M250M262.5M
Net Tangible Assets551.4M565.4M632.0M626.3M720.2M548.9M
Retained Earnings Total Equity97.5M100.6M114.6M196.8M226.3M237.6M
Long Term Debt Total117.8M118.4M119.0M215.0M247.3M259.6M
Capital Surpluse569.7M575.8M578.4M580.8M667.9M619.8M
Long Term Investments5.2B762.3M910.8M853.8M865.7M822.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hanmi Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanmi Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanmi Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanmi Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanmi Financial. If investors know Hanmi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanmi Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
1
Earnings Share
2.08
Revenue Per Share
7.737
Quarterly Revenue Growth
(0.08)
The market value of Hanmi Financial is measured differently than its book value, which is the value of Hanmi that is recorded on the company's balance sheet. Investors also form their own opinion of Hanmi Financial's value that differs from its market value or its book value, called intrinsic value, which is Hanmi Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanmi Financial's market value can be influenced by many factors that don't directly affect Hanmi Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanmi Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanmi Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanmi Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.