New Ebit vs Selling General Administrative Analysis

HOVRW Stock

0.01 0.0008 7.14%

New Horizon financial indicator trend analysis is infinitely more than just investigating New Horizon Aircraft recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Horizon Aircraft is a good investment. Please check the relationship between New Horizon Ebit and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Horizon Aircraft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ebit vs Selling General Administrative

Ebit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Horizon Aircraft Ebit account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.

The correlation between New Horizon's Ebit and Selling General Administrative is -1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of New Horizon Aircraft, assuming nothing else is changed. The correlation between historical values of New Horizon's Ebit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of New Horizon Aircraft are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebit i.e., New Horizon's Ebit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

View All Relationships

Ebit

Selling General Administrative

Most indicators from New Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Horizon Aircraft 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 New Horizon Aircraft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, New Horizon's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 3.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (271.5 K) in 2024.

	2010	2022	2023	2024 (projected)
Interest Expense	2.2K	74.3K	85.5K	89.8K
Depreciation And Amortization	24.3K	26.9K	167.9K	176.3K

Interest Expense Depreciation And Amortization

New Horizon fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		-0.9	0.9	0.71	-0.92	-0.9	-0.92	-0.86	1.0	0.9	-0.91	0.9	-0.76	0.9	-0.95	0.89	-0.9	0.9	0.9	0.9	-0.8	0.06	0.9	0.9	-0.58	-0.15
Short Long Term Debt Total	-0.9		-0.98	-0.83	0.97	0.98	1.0	0.99	-0.9	-0.99	0.97	-0.98	0.9	-0.99	0.96	-0.69	0.96	-0.98	-0.97	-0.98	0.97	-0.21	-0.98	-0.98	0.75	0.01
Other Current Liab	0.9	-0.98		0.7	-1.0	-0.91	-0.99	-0.95	0.9	1.0	-1.0	1.0	-0.8	1.0	-0.99	0.77	-0.89	1.0	1.0	1.0	-0.92	0.0	1.0	1.0	-0.6	-0.22
Total Current Liabilities	0.71	-0.83	0.7		-0.67	-0.93	-0.8	-0.88	0.7	0.75	-0.69	0.69	-0.99	0.75	-0.66	0.31	-0.94	0.69	0.68	0.7	-0.9	0.71	0.72	0.7	-0.98	0.54
Total Stockholder Equity	-0.92	0.97	-1.0	-0.67		0.9	0.98	0.93	-0.92	-0.99	1.0	-1.0	0.77	-0.99	1.0	-0.82	0.88	-1.0	-1.0	-1.0	0.89	0.05	-1.0	-1.0	0.56	0.26
Property Plant And Equipment Net	-0.9	0.98	-0.91	-0.93	0.9		0.96	0.98	-0.9	-0.94	0.91	-0.91	0.96	-0.94	0.9	-0.62	1.0	-0.91	-0.9	-0.91	0.97	-0.39	-0.92	-0.91	0.85	-0.18
Net Debt	-0.92	1.0	-0.99	-0.8	0.98	0.96		0.98	-0.91	-1.0	0.99	-0.99	0.88	-1.0	0.97	-0.72	0.95	-0.99	-0.98	-0.99	0.96	-0.15	-0.99	-0.99	0.71	0.07
Retained Earnings	-0.86	0.99	-0.95	-0.88	0.93	0.98	0.98		-0.85	-0.97	0.94	-0.95	0.94	-0.97	0.91	-0.59	0.97	-0.95	-0.94	-0.95	0.99	-0.31	-0.96	-0.95	0.81	-0.09
Accounts Payable	1.0	-0.9	0.9	0.7	-0.92	-0.9	-0.91	-0.85		0.9	-0.91	0.9	-0.75	0.9	-0.95	0.9	-0.89	0.9	0.9	0.9	-0.79	0.04	0.9	0.9	-0.57	-0.16
Cash	0.9	-0.99	1.0	0.75	-0.99	-0.94	-1.0	-0.97	0.9		-1.0	1.0	-0.84	1.0	-0.98	0.74	-0.92	1.0	0.99	1.0	-0.95	0.08	1.0	1.0	-0.66	-0.14
Non Current Assets Total	-0.91	0.97	-1.0	-0.69	1.0	0.91	0.99	0.94	-0.91	-1.0		-1.0	0.79	-1.0	0.99	-0.79	0.89	-1.0	-1.0	-1.0	0.91	0.02	-1.0	-1.0	0.58	0.23
Non Currrent Assets Other	0.9	-0.98	1.0	0.69	-1.0	-0.91	-0.99	-0.95	0.9	1.0	-1.0		-0.79	1.0	-0.99	0.78	-0.89	1.0	1.0	1.0	-0.92	-0.01	1.0	1.0	-0.59	-0.23
Long Term Debt	-0.76	0.9	-0.8	-0.99	0.77	0.96	0.88	0.94	-0.75	-0.84	0.79	-0.79		-0.84	0.75	-0.39	0.97	-0.79	-0.78	-0.79	0.96	-0.61	-0.81	-0.8	0.96	-0.42
Cash And Short Term Investments	0.9	-0.99	1.0	0.75	-0.99	-0.94	-1.0	-0.97	0.9	1.0	-1.0	1.0	-0.84		-0.98	0.74	-0.92	1.0	0.99	1.0	-0.95	0.08	1.0	1.0	-0.66	-0.14
Common Stock Shares Outstanding	-0.95	0.96	-0.99	-0.66	1.0	0.9	0.97	0.91	-0.95	-0.98	0.99	-0.99	0.75	-0.98		-0.86	0.88	-0.99	-0.99	-0.99	0.87	0.06	-0.99	-0.99	0.54	0.28
Non Current Liabilities Total	0.89	-0.69	0.77	0.31	-0.82	-0.62	-0.72	-0.59	0.9	0.74	-0.79	0.78	-0.39	0.74	-0.86		-0.61	0.78	0.78	0.78	-0.51	-0.39	0.76	0.77	-0.14	-0.55
Capital Lease Obligations	-0.9	0.96	-0.89	-0.94	0.88	1.0	0.95	0.97	-0.89	-0.92	0.89	-0.89	0.97	-0.92	0.88	-0.61		-0.89	-0.88	-0.89	0.96	-0.42	-0.9	-0.89	0.87	-0.21
Other Current Assets	0.9	-0.98	1.0	0.69	-1.0	-0.91	-0.99	-0.95	0.9	1.0	-1.0	1.0	-0.79	1.0	-0.99	0.78	-0.89		1.0	1.0	-0.92	-0.01	1.0	1.0	-0.59	-0.23
Total Liab	0.9	-0.97	1.0	0.68	-1.0	-0.9	-0.98	-0.94	0.9	0.99	-1.0	1.0	-0.78	0.99	-0.99	0.78	-0.88	1.0		1.0	-0.91	-0.03	1.0	1.0	-0.57	-0.25
Net Invested Capital	0.9	-0.98	1.0	0.7	-1.0	-0.91	-0.99	-0.95	0.9	1.0	-1.0	1.0	-0.79	1.0	-0.99	0.78	-0.89	1.0	1.0		-0.92	-0.01	1.0	1.0	-0.59	-0.23
Property Plant And Equipment Gross	-0.8	0.97	-0.92	-0.9	0.89	0.97	0.96	0.99	-0.79	-0.95	0.91	-0.92	0.96	-0.95	0.87	-0.51	0.96	-0.92	-0.91	-0.92		-0.37	-0.93	-0.92	0.85	-0.17
Short Long Term Debt	0.06	-0.21	0.0	0.71	0.05	-0.39	-0.15	-0.31	0.04	0.08	0.02	-0.01	-0.61	0.08	0.06	-0.39	-0.42	-0.01	-0.03	-0.01	-0.37		0.03	0.0	-0.8	0.98
Total Current Assets	0.9	-0.98	1.0	0.72	-1.0	-0.92	-0.99	-0.96	0.9	1.0	-1.0	1.0	-0.81	1.0	-0.99	0.76	-0.9	1.0	1.0	1.0	-0.93	0.03		1.0	-0.62	-0.19
Capital Stock	0.9	-0.98	1.0	0.7	-1.0	-0.91	-0.99	-0.95	0.9	1.0	-1.0	1.0	-0.8	1.0	-0.99	0.77	-0.89	1.0	1.0	1.0	-0.92	0.0	1.0		-0.6	-0.22
Net Working Capital	-0.58	0.75	-0.6	-0.98	0.56	0.85	0.71	0.81	-0.57	-0.66	0.58	-0.59	0.96	-0.66	0.54	-0.14	0.87	-0.59	-0.57	-0.59	0.85	-0.8	-0.62	-0.6		-0.65
Short Term Debt	-0.15	0.01	-0.22	0.54	0.26	-0.18	0.07	-0.09	-0.16	-0.14	0.23	-0.23	-0.42	-0.14	0.28	-0.55	-0.21	-0.23	-0.25	-0.23	-0.17	0.98	-0.19	-0.22	-0.65

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New Horizon Account Relationship Matchups

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New Ebit vs Selling General Administrative Analysis

Ebit vs Selling General Administrative

Ebit vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Ebit

Selling General Administrative

New Horizon fundamental ratios Correlations

New Horizon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash	+ 1.0	Other Current Liab
Non Currrent Assets Other	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Other Current Liab
Other Current Assets	+ 1.0	Other Current Liab

Capital Stock	- 1.0	Non Current Assets Total
Total Current Assets	- 1.0	Non Current Assets Total
Net Invested Capital	- 1.0	Non Current Assets Total
Total Liab	- 1.0	Non Current Assets Total
Other Current Assets	- 1.0	Non Current Assets Total
Cash And Short Term Investments	- 1.0	Non Current Assets Total