Huize Common Stock Total Equity vs Cash And Short Term Investments Analysis

HUIZ Stock  USD 0.64  0.08  14.29%   
Huize Holding financial indicator trend analysis is much more than just examining Huize Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huize Holding is a good investment. Please check the relationship between Huize Holding Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huize Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Huize Stock please use our How to Invest in Huize Holding guide.

Common Stock Total Equity vs Cash And Short Term Investments

Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huize Holding Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Huize Holding's Common Stock Total Equity and Cash And Short Term Investments is 0.85. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Huize Holding, assuming nothing else is changed. The correlation between historical values of Huize Holding's Common Stock Total Equity and Cash 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 Common Stock Total Equity of Huize Holding are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Huize Holding's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Huize Holding balance sheet. This account contains Huize Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Huize Holding fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Huize Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huize Holding 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 Huize Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Huize Stock please use our How to Invest in Huize Holding guide.At this time, Huize Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 134.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 3.63 in 2024.
 2023 2024 (projected)
Depreciation And Amortization13.6M19.5M
Interest Income1.0M972.3K

Huize Holding fundamental ratios Correlations

0.980.770.950.890.890.920.970.12-0.740.920.970.960.010.250.970.920.840.76-0.79-0.440.840.160.860.840.83
0.980.790.940.870.860.90.980.24-0.780.890.960.95-0.020.150.950.890.810.69-0.7-0.420.770.110.890.870.82
0.770.790.810.480.410.530.730.43-0.30.710.720.63-0.060.30.710.740.490.3-0.41-0.060.420.620.860.510.82
0.950.940.810.760.760.780.870.33-0.730.980.860.870.130.120.850.980.710.72-0.69-0.370.730.190.750.720.91
0.890.870.480.760.960.960.91-0.12-0.740.750.910.92-0.170.180.910.720.950.75-0.88-0.720.84-0.020.740.940.51
0.890.860.410.760.960.980.9-0.19-0.820.780.910.950.010.20.920.740.870.85-0.82-0.560.92-0.180.670.880.59
0.920.90.530.780.960.980.96-0.16-0.760.770.970.96-0.060.280.970.740.870.78-0.79-0.50.9-0.040.80.90.63
0.970.980.730.870.910.90.960.07-0.730.830.990.98-0.020.230.990.820.850.67-0.71-0.420.80.120.910.90.75
0.120.240.430.33-0.12-0.19-0.160.07-0.270.29-0.040.060.17-0.6-0.040.330.0-0.230.19-0.06-0.320.030.140.10.3
-0.74-0.78-0.3-0.73-0.74-0.82-0.76-0.73-0.27-0.75-0.69-0.82-0.150.25-0.69-0.74-0.69-0.730.580.52-0.680.51-0.46-0.76-0.56
0.920.890.710.980.750.780.770.830.29-0.750.820.870.270.040.821.00.740.74-0.72-0.410.750.090.640.710.86
0.970.960.720.860.910.910.970.99-0.04-0.690.820.97-0.080.361.00.80.850.73-0.77-0.390.870.140.90.860.75
0.960.950.630.870.920.950.960.980.06-0.820.870.970.070.140.970.850.90.74-0.76-0.50.85-0.040.810.920.71
0.01-0.02-0.060.13-0.170.01-0.06-0.020.17-0.150.27-0.080.07-0.44-0.070.28-0.12-0.030.270.23-0.07-0.24-0.24-0.060.24
0.250.150.30.120.180.20.280.23-0.60.250.040.360.14-0.440.350.040.050.36-0.340.30.480.520.39-0.070.28
0.970.950.710.850.910.920.970.99-0.04-0.690.821.00.97-0.070.350.80.850.73-0.77-0.40.870.140.90.870.74
0.920.890.740.980.720.740.740.820.33-0.741.00.80.850.280.040.80.690.72-0.66-0.360.720.110.650.680.9
0.840.810.490.710.950.870.870.850.0-0.690.740.850.9-0.120.050.850.690.61-0.87-0.790.74-0.010.70.950.41
0.760.690.30.720.750.850.780.67-0.23-0.730.740.730.74-0.030.360.730.720.61-0.81-0.360.94-0.20.430.540.64
-0.79-0.7-0.41-0.69-0.88-0.82-0.79-0.710.190.58-0.72-0.77-0.760.27-0.34-0.77-0.66-0.87-0.810.7-0.87-0.07-0.55-0.71-0.44
-0.44-0.42-0.06-0.37-0.72-0.56-0.5-0.42-0.060.52-0.41-0.39-0.50.230.3-0.4-0.36-0.79-0.360.7-0.370.17-0.23-0.720.04
0.840.770.420.730.840.920.90.8-0.32-0.680.750.870.85-0.070.480.870.720.740.94-0.87-0.37-0.070.610.660.64
0.160.110.620.19-0.02-0.18-0.040.120.030.510.090.14-0.04-0.240.520.140.11-0.01-0.2-0.070.17-0.070.4-0.070.26
0.860.890.860.750.740.670.80.910.14-0.460.640.90.81-0.240.390.90.650.70.43-0.55-0.230.610.40.760.69
0.840.870.510.720.940.880.90.90.1-0.760.710.860.92-0.06-0.070.870.680.950.54-0.71-0.720.66-0.070.760.45
0.830.820.820.910.510.590.630.750.3-0.560.860.750.710.240.280.740.90.410.64-0.440.040.640.260.690.45
Click cells to compare fundamentals

Huize Holding Account Relationship Matchups

Huize Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets508.8M1.3B1.9B1.1B947.0M980.4M
Short Long Term Debt Total36.9M350.3M500.8M336.1M176.2M231.3M
Other Current Liab200.5M371.4M460.3M208.0M112.0M106.4M
Total Current Liabilities361.8M556.6M1.2B559.1M395.0M555.7M
Total Stockholder Equity(308.7M)468.7M360.1M340.9M405.2M425.4M
Other Liab575K1.0M4.8M5.1M5.9M6.2M
Net Tangible Assets(310.3M)466.2M338.0M286.9M330.0M346.5M
Property Plant And Equipment Net8.0M277.6M296.3M200.7M170.1M152.0M
Net Debt(51.3M)(54.3M)119.6M58.9M(73.0M)(69.4M)
Retained Earnings(374.0M)(392.3M)(499.9M)(531.1M)(458.2M)(481.1M)
Accounts Payable124.4M138.4M527.9M188.6M220.5M202.5M
Cash88.1M404.6M381.2M277.2M249.3M223.0M
Non Current Assets Total47.3M327.6M436.8M338.9M340.5M243.8M
Non Currrent Assets Other14.2M838K44.8M6.9M42.6M22.1M
Cash And Short Term Investments88.1M404.6M381.2M277.2M258.1M224.4M
Net Receivables212.2M234.8M778.5M301.3M299.9M320.5M
Common Stock Shares Outstanding51.3M48.2M51.1M51.1M50.0M53.9M
Liabilities And Stockholders Equity508.8M1.3B1.9B1.1B947.0M980.4M
Non Current Liabilities Total455.7M310.7M274.3M188.5M141.5M203.2M
Inventory159.7M324.2M181.5M(192.9M)(79.9M)(75.9M)
Other Current Assets1.5M369.0M261.0M172.2M48.5M46.0M
Other Stockholder Equity(389.7M)882.9M887.2M889.6M877.4M562.2M
Total Liab817.5M867.3M1.5B747.6M536.6M835.1M
Net Invested Capital(271.8M)554.1M596.8M490.9M435.2M239.9M
Long Term Investments23.4M46.1M73.0M77.3M76.7M52.8M
Property Plant And Equipment Gross8.0M277.6M296.3M200.7M212.1M158.6M
Total Current Assets461.5M1.0B1.4B750.7M606.5M736.6M
Accumulated Other Comprehensive Income414K(22.0M)(27.3M)(17.7M)(14.1M)(14.8M)
Net Working Capital99.7M451.8M198.4M191.7M211.4M180.8M
Intangible Assets1.7M2.0M21.6M53.5M50.7M53.3M
Property Plant Equipment6.4M8.0M277.6M296.3M340.7M357.8M
Other Assets14.2M1.4M45.4M6.9M7.9M15.8M
Short Long Term Debt36.9M31.5M216.7M150M30M28.5M
Short Term Debt36.9M44.3M231.6M160.1M46.9M44.6M

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Additional Tools for Huize Stock Analysis

When running Huize Holding's price analysis, check to measure Huize Holding'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 Huize Holding is operating at the current time. Most of Huize Holding's value examination focuses on studying past and present price action to predict the probability of Huize Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huize Holding's price. Additionally, you may evaluate how the addition of Huize Holding to your portfolios can decrease your overall portfolio volatility.