Hon Total Liab vs Retained Earnings 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 Liab and its Retained Earnings 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 Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hon Hai Precision Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hon Hai's Total Liab and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Liab and Retained Earnings 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 Liab of Hon Hai Precision are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Hon Hai's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Expense22.0B34.7B65.5B68.8B
Depreciation And Amortization75.5B76.5B84.4B56.2B

Hon Hai fundamental ratios Correlations

0.820.590.980.970.630.82-0.30.970.940.810.980.550.780.70.440.290.960.94-0.070.930.991.00.770.790.73
0.820.50.810.760.520.54-0.130.760.730.90.810.810.910.910.490.660.80.82-0.070.780.820.810.990.740.41
0.590.50.530.590.410.36-0.150.580.480.480.630.10.430.440.04-0.050.680.74-0.320.610.570.580.430.460.31
0.980.810.530.910.630.84-0.190.910.980.750.930.50.720.620.40.220.880.90.00.851.00.980.780.730.72
0.970.760.590.910.620.81-0.421.00.870.820.970.550.790.70.460.320.970.91-0.130.950.930.970.690.760.77
0.630.520.410.630.620.74-0.320.60.550.570.70.260.540.270.370.160.580.6-0.060.560.630.610.490.240.67
0.820.540.360.840.810.74-0.320.820.840.580.80.390.550.320.450.090.680.70.090.640.830.820.50.380.93
-0.3-0.13-0.15-0.19-0.42-0.32-0.32-0.39-0.21-0.55-0.33-0.17-0.52-0.2-0.08-0.09-0.33-0.120.48-0.42-0.21-0.29-0.03-0.19-0.44
0.970.760.580.911.00.60.82-0.390.870.80.960.570.780.70.50.330.960.9-0.130.920.930.970.690.740.77
0.940.730.480.980.870.550.84-0.210.870.70.880.440.660.530.30.130.820.84-0.020.790.970.950.690.680.76
0.810.90.480.750.820.570.58-0.550.80.70.820.760.990.850.440.610.810.73-0.270.840.770.80.840.690.54
0.980.810.630.930.970.70.8-0.330.960.880.820.540.790.710.450.320.970.93-0.120.950.950.970.750.760.72
0.550.810.10.50.550.260.39-0.170.570.440.760.540.820.830.710.910.530.51-0.030.530.520.540.80.460.35
0.780.910.430.720.790.540.55-0.520.780.660.990.790.820.880.490.690.790.71-0.240.820.740.770.860.680.5
0.70.910.440.620.70.270.32-0.20.70.530.850.710.830.880.460.780.760.72-0.080.780.660.690.880.820.22
0.440.490.040.40.460.370.45-0.080.50.30.440.450.710.490.460.650.440.43-0.060.380.420.440.490.160.38
0.290.66-0.050.220.320.160.09-0.090.330.130.610.320.910.690.780.650.350.320.030.380.250.280.670.370.05
0.960.80.680.880.970.580.68-0.330.960.820.810.970.530.790.760.440.350.94-0.20.970.910.950.730.810.62
0.940.820.740.90.910.60.7-0.120.90.840.730.930.510.710.720.430.320.94-0.010.90.920.930.770.750.59
-0.07-0.07-0.320.0-0.13-0.060.090.48-0.13-0.02-0.27-0.12-0.03-0.24-0.08-0.060.03-0.2-0.01-0.11-0.03-0.060.00.09-0.09
0.930.780.610.850.950.560.64-0.420.920.790.840.950.530.820.780.380.380.970.9-0.110.880.920.710.870.57
0.990.820.571.00.930.630.83-0.210.930.970.770.950.520.740.660.420.250.910.92-0.030.880.990.780.760.72
1.00.810.580.980.970.610.82-0.290.970.950.80.970.540.770.690.440.280.950.93-0.060.920.990.760.790.73
0.770.990.430.780.690.490.5-0.030.690.690.840.750.80.860.880.490.670.730.770.00.710.780.760.70.34
0.790.740.460.730.760.240.38-0.190.740.680.690.760.460.680.820.160.370.810.750.090.870.760.790.70.25
0.730.410.310.720.770.670.93-0.440.770.760.540.720.350.50.220.380.050.620.59-0.090.570.720.730.340.25
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Hon Hai Account Relationship Matchups

Hon Hai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3T3.7T3.9T4.1T3.9T2.4T
Short Long Term Debt Total656.5B748.3B871.6B974.0B943.1B990.2B
Other Current Liab91.9B105.5B100.4B389.3B100.9B70.3B
Total Current Liabilities1.7T1.9T2.0T2.1T1.9T1.2T
Total Stockholder Equity1.2T1.3T1.4T1.5T1.5T862.2B
Property Plant And Equipment Net334.3B333.4B350.4B402.8B435.3B305.7B
Current Deferred Revenue240.9B250.6B243.4B260.5B299.6B190.6B
Net Debt(201.4B)(484.5B)(187.9B)(88.3B)(254.6B)(241.9B)
Retained Earnings794.6B779.8B871.2B925.9B987.7B534.5B
Accounts Payable906.2B1.1T1.1T1.1T893.1B677.5B
Cash857.9B1.2T1.1T1.1T1.2T1.3T
Non Current Assets Total747.2B789.6B874.5B933.5B903.8B551.6B
Non Currrent Assets Other76.2B71.9B88.5B60.3B177.7B186.6B
Cash And Short Term Investments913.8B1.3T1.1T1.1T1.4T1.4T
Common Stock Shares Outstanding7.0B7.0B6.9B7.0B14.1B8.0B
Short Term Investments55.9B45.1B49.5B22.4B152.4B160.0B
Liabilities And Stockholders Equity3.3T3.7T3.9T4.1T3.9T2.4T
Non Current Liabilities Total263.9B283.9B337.9B369.6B344.2B176.4B
Inventory515.8B582.1B672.1B939.0B730.8B415.2B
Other Current Assets116.3B91.0B10.8B3.1B1.7B1.6B
Other Stockholder Equity306.7B378.8B370.6B386.0B366.8B206.7B
Total Liab1.9T2.2T2.3T2.5T2.3T1.4T
Total Current Assets2.6T2.9T3.0T3.2T3.0T1.8T
Short Term Debt418.5B494.6B577.7B655.5B654.7B687.5B
Property Plant And Equipment Gross334.3B333.4B350.4B402.8B435.3B344.5B
Net Receivables1.0T942.5B1.2T1.2T953.4B1.1T
Other Liab25.9B30.2B44.1B51.2B58.8B30.5B
Net Tangible Assets1.2T1.2T1.3T1.4T1.6T1.3T
Other Assets41.6B46.0B60.6B60.3B69.3B59.7B
Long Term Debt217.1B233.3B275.6B301.0B271.6B243.3B
Short Long Term Debt411.4B485.5B570.4B647.2B649.0B426.9B
Property Plant Equipment334.3B333.4B350.4B402.8B463.2B364.4B
Net Invested Capital1.9T2.0T2.2T2.4T2.4T2.3T
Non Current Liabilities Other7.3B11.0B11.5B11.6B13.1B11.4B

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