Hon Total Current Liabilities vs Intangible Assets Analysis

HHPD Stock

13.48 0.48 3.69%

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 Total Current Liabilities and its Intangible Assets 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.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hon Hai Precision Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hon Hai's Total Current Liabilities and Intangible Assets is 0.73. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets 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 Total Current Liabilities and Intangible Assets 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 Liabilities of Hon Hai Precision are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Hon Hai's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Hon Hai balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hon Hai Precision are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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

	2021	2022	2023	2024 (projected)
Interest Expense	22.0B	34.7B	65.5B	68.8B
Depreciation And Amortization	75.5B	76.5B	84.4B	56.2B

Interest Expense Depreciation And Amortization

Hon Hai fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.82	0.59	0.98	0.97	0.63	0.82	-0.3	0.97	0.94	0.81	0.98	0.55	0.78	0.7	0.44	0.29	0.96	0.94	-0.07	0.93	0.99	1.0	0.77	0.79	0.73
Short Long Term Debt Total	0.82		0.5	0.81	0.76	0.52	0.54	-0.13	0.76	0.73	0.9	0.81	0.81	0.91	0.91	0.49	0.66	0.8	0.82	-0.07	0.78	0.82	0.81	0.99	0.74	0.41
Other Current Liab	0.59	0.5		0.53	0.59	0.41	0.36	-0.15	0.58	0.48	0.48	0.63	0.1	0.43	0.44	0.04	-0.05	0.68	0.74	-0.32	0.61	0.57	0.58	0.43	0.46	0.31
Total Current Liabilities	0.98	0.81	0.53		0.91	0.63	0.84	-0.19	0.91	0.98	0.75	0.93	0.5	0.72	0.62	0.4	0.22	0.88	0.9	0.0	0.85	1.0	0.98	0.78	0.73	0.72
Total Stockholder Equity	0.97	0.76	0.59	0.91		0.62	0.81	-0.42	1.0	0.87	0.82	0.97	0.55	0.79	0.7	0.46	0.32	0.97	0.91	-0.13	0.95	0.93	0.97	0.69	0.76	0.77
Property Plant And Equipment Net	0.63	0.52	0.41	0.63	0.62		0.74	-0.32	0.6	0.55	0.57	0.7	0.26	0.54	0.27	0.37	0.16	0.58	0.6	-0.06	0.56	0.63	0.61	0.49	0.24	0.67
Current Deferred Revenue	0.82	0.54	0.36	0.84	0.81	0.74		-0.32	0.82	0.84	0.58	0.8	0.39	0.55	0.32	0.45	0.09	0.68	0.7	0.09	0.64	0.83	0.82	0.5	0.38	0.93
Net Debt	-0.3	-0.13	-0.15	-0.19	-0.42	-0.32	-0.32		-0.39	-0.21	-0.55	-0.33	-0.17	-0.52	-0.2	-0.08	-0.09	-0.33	-0.12	0.48	-0.42	-0.21	-0.29	-0.03	-0.19	-0.44
Retained Earnings	0.97	0.76	0.58	0.91	1.0	0.6	0.82	-0.39		0.87	0.8	0.96	0.57	0.78	0.7	0.5	0.33	0.96	0.9	-0.13	0.92	0.93	0.97	0.69	0.74	0.77
Accounts Payable	0.94	0.73	0.48	0.98	0.87	0.55	0.84	-0.21	0.87		0.7	0.88	0.44	0.66	0.53	0.3	0.13	0.82	0.84	-0.02	0.79	0.97	0.95	0.69	0.68	0.76
Cash	0.81	0.9	0.48	0.75	0.82	0.57	0.58	-0.55	0.8	0.7		0.82	0.76	0.99	0.85	0.44	0.61	0.81	0.73	-0.27	0.84	0.77	0.8	0.84	0.69	0.54
Non Current Assets Total	0.98	0.81	0.63	0.93	0.97	0.7	0.8	-0.33	0.96	0.88	0.82		0.54	0.79	0.71	0.45	0.32	0.97	0.93	-0.12	0.95	0.95	0.97	0.75	0.76	0.72
Non Currrent Assets Other	0.55	0.81	0.1	0.5	0.55	0.26	0.39	-0.17	0.57	0.44	0.76	0.54		0.82	0.83	0.71	0.91	0.53	0.51	-0.03	0.53	0.52	0.54	0.8	0.46	0.35
Cash And Short Term Investments	0.78	0.91	0.43	0.72	0.79	0.54	0.55	-0.52	0.78	0.66	0.99	0.79	0.82		0.88	0.49	0.69	0.79	0.71	-0.24	0.82	0.74	0.77	0.86	0.68	0.5
Good Will	0.7	0.91	0.44	0.62	0.7	0.27	0.32	-0.2	0.7	0.53	0.85	0.71	0.83	0.88		0.46	0.78	0.76	0.72	-0.08	0.78	0.66	0.69	0.88	0.82	0.22
Common Stock Shares Outstanding	0.44	0.49	0.04	0.4	0.46	0.37	0.45	-0.08	0.5	0.3	0.44	0.45	0.71	0.49	0.46		0.65	0.44	0.43	-0.06	0.38	0.42	0.44	0.49	0.16	0.38
Short Term Investments	0.29	0.66	-0.05	0.22	0.32	0.16	0.09	-0.09	0.33	0.13	0.61	0.32	0.91	0.69	0.78	0.65		0.35	0.32	0.03	0.38	0.25	0.28	0.67	0.37	0.05
Non Current Liabilities Total	0.96	0.8	0.68	0.88	0.97	0.58	0.68	-0.33	0.96	0.82	0.81	0.97	0.53	0.79	0.76	0.44	0.35		0.94	-0.2	0.97	0.91	0.95	0.73	0.81	0.62
Inventory	0.94	0.82	0.74	0.9	0.91	0.6	0.7	-0.12	0.9	0.84	0.73	0.93	0.51	0.71	0.72	0.43	0.32	0.94		-0.01	0.9	0.92	0.93	0.77	0.75	0.59
Other Current Assets	-0.07	-0.07	-0.32	0.0	-0.13	-0.06	0.09	0.48	-0.13	-0.02	-0.27	-0.12	-0.03	-0.24	-0.08	-0.06	0.03	-0.2	-0.01		-0.11	-0.03	-0.06	0.0	0.09	-0.09
Other Stockholder Equity	0.93	0.78	0.61	0.85	0.95	0.56	0.64	-0.42	0.92	0.79	0.84	0.95	0.53	0.82	0.78	0.38	0.38	0.97	0.9	-0.11		0.88	0.92	0.71	0.87	0.57
Total Liab	0.99	0.82	0.57	1.0	0.93	0.63	0.83	-0.21	0.93	0.97	0.77	0.95	0.52	0.74	0.66	0.42	0.25	0.91	0.92	-0.03	0.88		0.99	0.78	0.76	0.72
Total Current Assets	1.0	0.81	0.58	0.98	0.97	0.61	0.82	-0.29	0.97	0.95	0.8	0.97	0.54	0.77	0.69	0.44	0.28	0.95	0.93	-0.06	0.92	0.99		0.76	0.79	0.73
Short Term Debt	0.77	0.99	0.43	0.78	0.69	0.49	0.5	-0.03	0.69	0.69	0.84	0.75	0.8	0.86	0.88	0.49	0.67	0.73	0.77	0.0	0.71	0.78	0.76		0.7	0.34
Intangible Assets	0.79	0.74	0.46	0.73	0.76	0.24	0.38	-0.19	0.74	0.68	0.69	0.76	0.46	0.68	0.82	0.16	0.37	0.81	0.75	0.09	0.87	0.76	0.79	0.7		0.25
Common Stock	0.73	0.41	0.31	0.72	0.77	0.67	0.93	-0.44	0.77	0.76	0.54	0.72	0.35	0.5	0.22	0.38	0.05	0.62	0.59	-0.09	0.57	0.72	0.73	0.34	0.25

Click cells to compare fundamentals

Hon Hai Account Relationship Matchups

Hon Hai fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3T	3.7T	3.9T	4.1T	3.9T	2.4T
Short Long Term Debt Total	656.5B	748.3B	871.6B	974.0B	943.1B	990.2B
Other Current Liab	91.9B	105.5B	100.4B	389.3B	100.9B	70.3B
Total Current Liabilities	1.7T	1.9T	2.0T	2.1T	1.9T	1.2T
Total Stockholder Equity	1.2T	1.3T	1.4T	1.5T	1.5T	862.2B
Property Plant And Equipment Net	334.3B	333.4B	350.4B	402.8B	435.3B	305.7B
Current Deferred Revenue	240.9B	250.6B	243.4B	260.5B	299.6B	190.6B
Net Debt	(201.4B)	(484.5B)	(187.9B)	(88.3B)	(254.6B)	(241.9B)
Retained Earnings	794.6B	779.8B	871.2B	925.9B	987.7B	534.5B
Accounts Payable	906.2B	1.1T	1.1T	1.1T	893.1B	677.5B
Cash	857.9B	1.2T	1.1T	1.1T	1.2T	1.3T
Non Current Assets Total	747.2B	789.6B	874.5B	933.5B	903.8B	551.6B
Non Currrent Assets Other	76.2B	71.9B	88.5B	60.3B	177.7B	186.6B
Cash And Short Term Investments	913.8B	1.3T	1.1T	1.1T	1.4T	1.4T
Common Stock Shares Outstanding	7.0B	7.0B	6.9B	7.0B	14.1B	8.0B
Short Term Investments	55.9B	45.1B	49.5B	22.4B	152.4B	160.0B
Liabilities And Stockholders Equity	3.3T	3.7T	3.9T	4.1T	3.9T	2.4T
Non Current Liabilities Total	263.9B	283.9B	337.9B	369.6B	344.2B	176.4B
Inventory	515.8B	582.1B	672.1B	939.0B	730.8B	415.2B
Other Current Assets	116.3B	91.0B	10.8B	3.1B	1.7B	1.6B
Other Stockholder Equity	306.7B	378.8B	370.6B	386.0B	366.8B	206.7B
Total Liab	1.9T	2.2T	2.3T	2.5T	2.3T	1.4T
Total Current Assets	2.6T	2.9T	3.0T	3.2T	3.0T	1.8T
Short Term Debt	418.5B	494.6B	577.7B	655.5B	654.7B	687.5B
Property Plant And Equipment Gross	334.3B	333.4B	350.4B	402.8B	435.3B	344.5B
Net Receivables	1.0T	942.5B	1.2T	1.2T	953.4B	1.1T
Other Liab	25.9B	30.2B	44.1B	51.2B	58.8B	30.5B
Net Tangible Assets	1.2T	1.2T	1.3T	1.4T	1.6T	1.3T
Other Assets	41.6B	46.0B	60.6B	60.3B	69.3B	59.7B
Long Term Debt	217.1B	233.3B	275.6B	301.0B	271.6B	243.3B
Short Long Term Debt	411.4B	485.5B	570.4B	647.2B	649.0B	426.9B
Property Plant Equipment	334.3B	333.4B	350.4B	402.8B	463.2B	364.4B
Net Invested Capital	1.9T	2.0T	2.2T	2.4T	2.4T	2.3T
Non Current Liabilities Other	7.3B	11.0B	11.5B	11.6B	13.1B	11.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
CRM	Salesforce
S	SentinelOne

Additional Tools for Hon Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hon Total Current Liabilities vs Intangible Assets Analysis

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Intangible Assets

Hon Hai fundamental ratios Correlations

Hon Hai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hon Hai fundamental ratios Accounts

Also Currently Popular

Additional Tools for Hon Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash

Cash	- 0.55	Net Debt
Cash And Short Term Investments	- 0.52	Net Debt
Common Stock	- 0.44	Net Debt
Other Stockholder Equity	- 0.42	Net Debt
Net Debt	- 0.42	Total Stockholder Equity
Retained Earnings	- 0.39	Net Debt