Hansa Cash vs Accounts Payable Analysis
| HANA Stock | 219.00 2.00 0.92% |
Hansa Investment financial indicator trend analysis is much more than just examining Hansa Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hansa Investment is a good investment. Please check the relationship between Hansa Investment Cash and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hansa Investment. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Investment Cash account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hansa Investment's Cash and Accounts Payable is -0.48. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hansa Investment, assuming nothing else is changed. The correlation between historical values of Hansa Investment's Cash 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 Cash of Hansa Investment 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 Cash i.e., Hansa Investment's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Hansa Investment, which is listed under current asset account on Hansa Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hansa Investment customers. The amounts must be unrestricted with restricted cash listed in a different Hansa Investment 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.Accounts Payable
An accounting item on the balance sheet that represents Hansa Investment 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 Hansa Investment 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 Hansa Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hansa Investment 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 Hansa Investment. 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. Tax Provision is likely to gain to about 247.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
Hansa Investment fundamental ratios Correlations
Click cells to compare fundamentals
Hansa Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hansa Investment fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 276.8M | 371.5M | 383.2M | 367.4M | 455.0M | 271.4M | |
| Total Stockholder Equity | 276.3M | 367.9M | 382.9M | 367.0M | 454.5M | 266.8M | |
| Retained Earnings | (52.8M) | 40.7M | 56.9M | 42.0M | 130.5M | 168.0M | |
| Accounts Payable | 694K | 534K | 388K | 412K | 421K | 400.0K | |
| Cash | 1.1M | 2.8M | 3.0M | 14.0M | 4.4M | 4.2M | |
| Other Assets | (3.2M) | 83K | 177K | 201K | 110K | 104.5K | |
| Total Liab | 534K | 3.6M | 368K | 412K | 421K | 400.0K | |
| Other Current Liab | (3.7M) | (3.6M) | (368K) | (412K) | 421K | 442.1K | |
| Total Current Liabilities | 3.7M | 3.6M | 368K | 412K | 421K | 400.0K | |
| Net Debt | 2.1M | 346K | (3.0M) | (14.0M) | (4.4M) | (4.6M) | |
| Non Current Assets Total | 276.4M | 368.4M | 380.0M | 353.3M | 449.2M | 296.5M | |
| Non Currrent Assets Other | 3.2M | (368.4M) | (380.0M) | (353.3M) | (449.2M) | (426.7M) | |
| Cash And Short Term Investments | 1.1M | 2.8M | 3.0M | 14.0M | 4.4M | 4.7M | |
| Liabilities And Stockholders Equity | 276.8M | 371.5M | 383.2M | 367.4M | 455.0M | 302.6M | |
| Other Stockholder Equity | 327.9M | 326.0M | 324.8M | 323.8M | 322.8M | 339.0M | |
| Total Current Assets | 3.6M | 3.0M | 3.2M | 14.1M | 5.8M | 6.2M | |
| Other Current Assets | 2.5M | 177K | 201K | 128K | 1.5M | 1.5M | |
| Net Tangible Assets | 276.3M | 367.9M | 382.9M | 367.0M | 422.0M | 353.3M | |
| Long Term Investments | 276.4M | 368.4M | 380.0M | 353.3M | 449.2M | 362.3M |
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