Hansa Total Other Income Expense Net vs Gross Profit Analysis
HANA Stock | 225.00 2.00 0.90% |
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 Other Income Expense Net and its Gross Profit 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 Other Income Expense Net vs Gross Profit
Total Other Income Expense Net vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Investment Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hansa Investment's Total Other Income Expense Net and Gross Profit is -0.51. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit 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 Other Income Expense Net and Gross Profit 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 Other Income Expense Net of Hansa Investment are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., Hansa Investment's Total Other Income Expense Net and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hansa Investment minus its cost of goods sold. It is profit before Hansa Investment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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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When running Hansa Investment's price analysis, check to measure Hansa Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hansa Investment is operating at the current time. Most of Hansa Investment's value examination focuses on studying past and present price action to predict the probability of Hansa Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hansa Investment's price. Additionally, you may evaluate how the addition of Hansa Investment to your portfolios can decrease your overall portfolio volatility.