Hansa Income Before Tax vs Net Income From Continuing Ops Analysis

HANA Stock   238.00  3.00  1.24%   
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 Income Before Tax and its Net Income From Continuing Ops 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.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Investment Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hansa Investment's Income Before Tax and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops 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 Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Hansa Investment are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Hansa Investment's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hansa Investment income statement and is an important metric when analyzing Hansa Investment profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

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

1.00.590.0-0.670.250.12-0.49-0.14-0.10.46-0.22-0.240.99-0.690.26-0.010.250.17-0.21-0.090.22-0.620.690.070.16
1.00.590.01-0.680.240.12-0.53-0.13-0.10.46-0.25-0.220.99-0.680.25-0.010.250.16-0.23-0.090.22-0.630.690.060.16
0.590.59-0.02-0.950.460.11-0.41-0.330.270.65-0.16-0.440.59-0.40.480.360.080.46-0.520.24-0.28-0.640.88-0.35-0.17
0.00.01-0.02-0.120.050.34-0.030.07-0.030.50.09-0.120.0-0.30.060.11-0.730.14-0.440.29-0.790.66-0.05-0.2-0.75
-0.67-0.68-0.95-0.12-0.48-0.070.490.18-0.15-0.610.120.44-0.670.42-0.5-0.4-0.05-0.490.61-0.270.320.58-0.790.40.25
0.250.240.460.05-0.48-0.110.140.01-0.020.410.29-0.980.18-0.251.00.510.020.93-0.270.39-0.23-0.220.34-0.5-0.22
0.120.120.110.34-0.07-0.11-0.050.1-0.060.4-0.040.090.13-0.11-0.11-0.22-0.65-0.110.08-0.07-0.320.160.040.23-0.32
-0.49-0.53-0.41-0.030.490.14-0.050.23-0.18-0.290.82-0.14-0.540.310.12-0.08-0.210.080.57-0.04-0.080.44-0.420.12-0.14
-0.14-0.13-0.330.070.180.010.10.23-0.89-0.350.260.07-0.230.47-0.020.04-0.38-0.010.120.04-0.140.36-0.57-0.08-0.47
-0.1-0.10.27-0.03-0.15-0.02-0.06-0.18-0.890.26-0.2-0.040.01-0.330.01-0.020.280.0-0.12-0.03-0.03-0.270.320.060.35
0.460.460.650.5-0.610.410.4-0.29-0.350.26-0.23-0.520.47-0.640.430.09-0.340.38-0.40.14-0.52-0.110.64-0.15-0.39
-0.22-0.25-0.160.090.120.29-0.040.820.26-0.2-0.23-0.23-0.260.290.280.1-0.170.280.350.12-0.160.26-0.24-0.03-0.22
-0.24-0.22-0.44-0.120.44-0.980.09-0.140.07-0.04-0.52-0.23-0.180.33-0.98-0.450.0-0.890.26-0.350.270.17-0.360.460.23
0.990.990.590.0-0.670.180.13-0.54-0.230.010.47-0.26-0.18-0.710.2-0.060.290.1-0.21-0.140.24-0.650.710.130.22
-0.69-0.68-0.4-0.30.42-0.25-0.110.310.47-0.33-0.640.290.33-0.71-0.270.08-0.11-0.140.220.150.010.29-0.53-0.11-0.11
0.260.250.480.06-0.51.0-0.110.12-0.020.010.430.28-0.980.2-0.270.510.030.93-0.280.39-0.24-0.240.35-0.5-0.21
-0.01-0.010.360.11-0.40.51-0.22-0.080.04-0.020.090.1-0.45-0.060.080.51-0.050.76-0.60.9-0.35-0.050.24-0.96-0.33
0.250.250.08-0.73-0.050.02-0.65-0.21-0.380.28-0.34-0.170.00.29-0.110.03-0.05-0.070.17-0.250.78-0.710.230.140.84
0.170.160.460.14-0.490.93-0.110.08-0.010.00.380.28-0.890.1-0.140.930.76-0.07-0.410.69-0.34-0.140.34-0.74-0.31
-0.21-0.23-0.52-0.440.61-0.270.080.570.12-0.12-0.40.350.26-0.210.22-0.28-0.60.17-0.41-0.560.530.03-0.420.730.45
-0.09-0.090.240.29-0.270.39-0.07-0.040.04-0.030.140.12-0.35-0.140.150.390.9-0.250.69-0.56-0.450.160.16-0.9-0.43
0.220.22-0.28-0.790.32-0.23-0.32-0.08-0.14-0.03-0.52-0.160.270.240.01-0.24-0.350.78-0.340.53-0.45-0.53-0.030.460.93
-0.62-0.63-0.640.660.58-0.220.160.440.36-0.27-0.110.260.17-0.650.29-0.24-0.05-0.71-0.140.030.16-0.53-0.65-0.05-0.59
0.690.690.88-0.05-0.790.340.04-0.42-0.570.320.64-0.24-0.360.71-0.530.350.240.230.34-0.420.16-0.03-0.65-0.220.08
0.070.06-0.35-0.20.4-0.50.230.12-0.080.06-0.15-0.030.460.13-0.11-0.5-0.960.14-0.740.73-0.90.46-0.05-0.220.45
0.160.16-0.17-0.750.25-0.22-0.32-0.14-0.470.35-0.39-0.220.230.22-0.11-0.21-0.330.84-0.310.45-0.430.93-0.590.080.45
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Hansa Investment Account Relationship Matchups

Hansa Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.8M371.5M383.2M367.4M455.0M271.4M
Total Stockholder Equity276.3M367.9M382.9M367.0M454.5M266.8M
Retained Earnings(52.8M)40.7M56.9M42.0M130.5M168.0M
Accounts Payable694K534K388K412K421K400.0K
Cash1.1M2.8M3.0M14.0M4.4M4.2M
Other Assets(3.2M)83K177K201K110K104.5K
Total Liab534K3.6M368K412K421K400.0K
Other Current Liab(3.7M)(3.6M)(368K)(412K)421K442.1K
Total Current Liabilities3.7M3.6M368K412K421K400.0K
Net Debt2.1M346K(3.0M)(14.0M)(4.4M)(4.6M)
Non Current Assets Total276.4M368.4M380.0M353.3M449.2M296.5M
Non Currrent Assets Other3.2M(368.4M)(380.0M)(353.3M)(449.2M)(426.7M)
Cash And Short Term Investments1.1M2.8M3.0M14.0M4.4M4.7M
Liabilities And Stockholders Equity276.8M371.5M383.2M367.4M455.0M302.6M
Other Stockholder Equity327.9M326.0M324.8M323.8M322.8M339.0M
Total Current Assets3.6M3.0M3.2M14.1M5.8M6.2M
Other Current Assets2.5M177K201K128K1.5M1.5M
Net Tangible Assets276.3M367.9M382.9M367.0M422.0M353.3M
Long Term Investments276.4M368.4M380.0M353.3M449.2M362.3M

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