Hello Non Current Assets Total vs Total Liab Analysis

MOMO Stock  USD 6.39  0.09  1.39%   
Hello financial indicator trend analysis is much more than just examining Hello Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hello Group is a good investment. Please check the relationship between Hello Non Current Assets Total and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Hello Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hello Group Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hello's Non Current Assets Total and Total Liab is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Hello Group, assuming nothing else is changed. The correlation between historical values of Hello's Non Current Assets Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hello Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Hello's Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Hello's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hello Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Hello Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Hello's Selling General Administrative is very stable compared to the past year. As of the 21st of September 2024, Tax Provision is likely to grow to about 580.2 M, while Sales General And Administrative To Revenue is likely to drop 0.04.
 2021 2022 2023 2024 (projected)
Interest Expense73.8M83.5M62.2M63.0M
Depreciation And Amortization264.6M112.1M79.6M75.6M

Hello fundamental ratios Correlations

0.950.860.990.810.290.970.720.930.960.640.710.470.280.760.890.980.460.960.710.980.830.930.970.80.83
0.950.820.910.710.480.920.570.90.90.580.530.450.350.760.760.990.360.910.540.920.720.810.90.820.78
0.860.820.870.640.040.830.770.70.880.550.670.430.280.840.830.80.350.890.690.80.820.870.890.680.91
0.990.910.870.830.180.970.770.910.950.650.770.450.230.740.920.940.50.950.770.970.870.960.970.770.85
0.810.710.640.83-0.070.820.70.810.730.770.640.420.140.330.750.740.880.730.640.790.920.850.810.430.75
0.290.480.040.18-0.070.29-0.40.310.26-0.04-0.240.320.00.25-0.040.45-0.30.25-0.240.3-0.19-0.040.140.62-0.08
0.970.920.830.970.820.290.680.930.90.590.590.520.180.690.80.940.520.90.590.950.840.890.930.760.82
0.720.570.770.770.7-0.40.680.660.670.530.790.120.460.620.830.60.520.690.780.690.850.880.80.280.88
0.930.90.70.910.810.310.930.660.780.540.560.430.370.60.770.910.550.780.550.910.790.840.870.610.78
0.960.90.880.950.730.260.90.670.780.630.740.440.180.810.90.930.351.00.760.940.770.890.940.880.77
0.640.580.550.650.77-0.040.590.530.540.630.630.39-0.040.30.650.590.590.650.630.590.680.710.720.420.58
0.710.530.670.770.64-0.240.590.790.560.740.630.160.170.560.940.590.380.750.990.690.690.840.750.480.66
0.470.450.430.450.420.320.520.120.430.440.390.160.070.390.280.480.250.450.160.530.450.480.520.460.41
0.280.350.280.230.140.00.180.460.370.18-0.040.170.070.470.270.350.030.190.190.310.310.330.34-0.010.48
0.760.760.840.740.330.250.690.620.60.810.30.560.390.470.720.77-0.10.820.590.770.550.720.80.740.7
0.890.760.830.920.75-0.040.80.830.770.90.650.940.280.270.720.810.440.90.950.870.820.940.90.660.8
0.980.990.80.940.740.450.940.60.910.930.590.590.480.350.770.810.370.930.60.960.750.850.930.840.77
0.460.360.350.50.88-0.30.520.520.550.350.590.380.250.03-0.10.440.370.350.370.430.760.550.470.020.55
0.960.910.890.950.730.250.90.690.781.00.650.750.450.190.820.90.930.350.770.940.780.910.950.870.79
0.710.540.690.770.64-0.240.590.780.550.760.630.990.160.190.590.950.60.370.770.690.710.840.750.50.66
0.980.920.80.970.790.30.950.690.910.940.590.690.530.310.770.870.960.430.940.690.80.920.950.80.78
0.830.720.820.870.92-0.190.840.850.790.770.680.690.450.310.550.820.750.760.780.710.80.920.890.420.91
0.930.810.870.960.85-0.040.890.880.840.890.710.840.480.330.720.940.850.550.910.840.920.920.970.620.91
0.970.90.890.970.810.140.930.80.870.940.720.750.520.340.80.90.930.470.950.750.950.890.970.730.89
0.80.820.680.770.430.620.760.280.610.880.420.480.46-0.010.740.660.840.020.870.50.80.420.620.730.48
0.830.780.910.850.75-0.080.820.880.780.770.580.660.410.480.70.80.770.550.790.660.780.910.910.890.48
Click cells to compare fundamentals

Hello Account Relationship Matchups

Hello fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.5B23.2B18.1B15.8B16.2B12.4B
Other Current Liab1.3B1.2B1.1B901.9M618.0M585.8M
Total Current Liabilities2.6B2.5B2.5B4.7B2.1B1.9B
Total Stockholder Equity13.7B14.8B10.6B10.9B11.8B8.3B
Property Plant And Equipment Net536.9M543.9M438.6M288.5M768.6M807.0M
Net Debt2.5B1.6B(739.2M)(2.3B)(3.3B)(3.2B)
Retained Earnings7.5B8.4B4.7B5.3B6.3B3.6B
Cash2.6B3.4B5.6B5.0B5.6B3.2B
Non Current Assets Total6.7B11.5B8.7B4.1B8.4B4.3B
Cash And Short Term Investments14.9B10.9B8.4B10.6B6.9B7.4B
Net Receivables269.5M200.8M205.2M188.8M536.1M562.9M
Common Stock Shares Outstanding216.5M225.6M226.0M202.4M200.9M210.9M
Liabilities And Stockholders Equity22.5B23.2B18.1B15.8B16.2B12.4B
Other Current Assets599M613.7M775.1M819.7M25.3M24.0M
Other Stockholder Equity6.0B6.2B5.8B5.7B5.6B4.6B
Total Liab8.8B8.4B7.5B4.9B4.2B4.1B
Property Plant And Equipment Gross536.9M543.9M438.6M288.5M1.8B1.9B
Total Current Assets15.8B11.7B9.4B11.7B7.8B8.1B
Accumulated Other Comprehensive Income302.7M183.9M149.4M(140.3M)(126.1M)(119.8M)
Common Stock272K274K277K281K286K268.7K
Property Plant Equipment536.9M543.9M438.6M288.5M331.8M268.1M
Net Tangible Assets8.3B10.1B10.6B10.9B12.5B13.2B
Current Deferred Revenue503.5M511.6M540.0M484.8M581.7M408.3M
Accounts Payable714.3M699.4M726.2M617.0M616.7M496.6M
Short Term Investments12.3B7.6B2.9B5.6B1.3B1.2B
Long Term Investments495.9M455.0M820.0M894.0M786.9M441.3M
Short Term Debt135.2M132.8M163.0M2.7B275.6M509.0M
Other Liab1.1B1.1B341.5M127.4M146.5M139.2M
Non Currrent Assets Other369.0M5.7B7.4B2.9B6.8B7.1B
Other Assets106.1M149.2M214.5M300.3M345.4M362.7M
Short Long Term Debt Total5.1B4.9B4.8B2.8B2.3B3.2B
Long Term Debt5.0B4.7B4.6B2.0B2.3B2.9B
Non Current Liabilities Total6.2B5.9B5.0B160.7M2.1B3.0B
Capital Lease Obligations191.7M269.2M266.1M121.6M112.2M117.4M

Pair Trading with Hello

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hello position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hello will appreciate offsetting losses from the drop in the long position's value.

Moving against Hello Stock

  0.64FAZEW FaZe HoldingsPairCorr
  0.41MNY MoneyHero Limited ClassPairCorr
The ability to find closely correlated positions to Hello could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hello when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hello - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hello Group to buy it.
The correlation of Hello is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hello moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hello Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hello can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in Hello Stock

When determining whether Hello Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hello's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hello Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hello Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Hello Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hello. If investors know Hello will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hello listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
1.01
Revenue Per Share
60.55
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0793
The market value of Hello Group is measured differently than its book value, which is the value of Hello that is recorded on the company's balance sheet. Investors also form their own opinion of Hello's value that differs from its market value or its book value, called intrinsic value, which is Hello's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hello's market value can be influenced by many factors that don't directly affect Hello's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hello's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hello is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hello's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.