HHPD Stock | | | 11.08 0.18 1.65% |
Hon Hai financial indicator trend analysis is much more than just examining Hon Hai Precision latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hon Hai Precision is a good investment. Please check the relationship between Hon Hai Net Borrowings and its Dividends Paid accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hon Hai Precision. 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.
Net Borrowings vs Dividends Paid
Net Borrowings vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hon Hai Precision Net Borrowings account and
Dividends Paid. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hon Hai's Net Borrowings and Dividends Paid is 0.68. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Hon Hai Precision, assuming nothing else is changed. The correlation between historical values of Hon Hai's Net Borrowings and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Hon Hai Precision are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Borrowings i.e., Hon Hai's Net Borrowings and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Hon Hai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hon Hai Precision 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 Hon Hai Precision. 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.
Selling General Administrative is likely to drop to about 64.4
B in 2024.
Tax Provision is likely to drop to about 30.2
B in 2024
Hon Hai fundamental ratios Correlations
Click cells to compare fundamentals
Hon Hai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hon Hai fundamental ratios Accounts
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