Hansa Total Current Assets vs Net Receivables 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 Total Current Assets and its Net Receivables 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.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Investment Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hansa Investment's Total Current Assets and Net Receivables is 0.76. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables 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 Total Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Hansa Investment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Hansa Investment's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

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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