Hansa Non Currrent Assets Other vs Short Term Investments 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 Non Currrent Assets Other and its Short Term Investments 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.
Non Currrent Assets Other vs Short Term Investments
Non Currrent Assets Other vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Investment Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hansa Investment's Non Currrent Assets Other and Short Term Investments is 0.22. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments 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 Non Currrent Assets Other and Short Term Investments 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 Hansa Investment are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Hansa Investment's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Short Term Investments
Short Term Investments is an item under the current assets section of Hansa Investment balance sheet. It contains any investments Hansa Investment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hansa Investment can easily liquidate in the marketplace.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
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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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