HeartCore Net Receivables vs Net Debt Analysis

HTCR Stock

USD 0.72 0.02 2.86%

HeartCore Enterprises financial indicator trend analysis is much more than just examining HeartCore Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HeartCore Enterprises is a good investment. Please check the relationship between HeartCore Enterprises Net Receivables and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HeartCore Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in HeartCore Stock, please use our How to Invest in HeartCore Enterprises guide.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HeartCore Enterprises Net Receivables account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between HeartCore Enterprises' Net Receivables and Net Debt is -0.22. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of HeartCore Enterprises, assuming nothing else is changed. The correlation between historical values of HeartCore Enterprises' Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of HeartCore Enterprises are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., HeartCore Enterprises' Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

To learn how to invest in HeartCore Stock, please use our How to Invest in HeartCore Enterprises guide.As of 06/09/2024, Tax Provision is likely to grow to about 91.5 K, while Selling General Administrative is likely to drop slightly above 5.7 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	105.4K	137.8K	683.0K	717.2K
Interest Income	7.0K	67.0K	99.3K	104.3K

Depreciation And Amortization Interest Income

HeartCore Enterprises fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.74	0.85	0.92	0.87	-0.84	0.76	-0.78	0.82	-0.55	-0.91	0.85	0.29	0.78	0.56	-0.64	-0.27	0.49	0.78	0.38	-0.53	-0.85	0.94	0.87	0.89	0.14
Short Long Term Debt Total	-0.74		-0.61	-0.61	-0.92	0.91	-0.78	0.93	-0.35	0.82	0.88	-0.76	-0.49	-0.33	-0.81	0.93	0.81	-0.68	-0.62	-0.12	0.94	0.94	-0.88	-0.75	-0.9	0.49
Other Current Liab	0.85	-0.61		0.97	0.64	-0.79	0.65	-0.62	0.68	-0.28	-0.7	0.83	-0.01	0.82	0.59	-0.7	-0.2	0.18	0.8	0.57	-0.38	-0.71	0.78	0.75	0.67	0.33
Total Current Liabilities	0.92	-0.61	0.97		0.73	-0.82	0.72	-0.67	0.83	-0.35	-0.78	0.89	0.06	0.84	0.56	-0.62	-0.12	0.28	0.85	0.6	-0.38	-0.75	0.81	0.83	0.76	0.31
Total Stockholder Equity	0.87	-0.92	0.64	0.73		-0.94	0.87	-0.95	0.64	-0.82	-0.96	0.85	0.52	0.44	0.73	-0.75	-0.55	0.76	0.72	0.25	-0.84	-0.97	0.9	0.88	0.99	-0.35
Other Liab	-0.84	0.91	-0.79	-0.82	-0.94		-0.92	0.96	-0.59	0.75	0.9	-0.9	-0.41	-0.47	-0.85	0.85	0.53	-0.66	-0.78	-0.38	0.83	0.97	-0.86	-0.85	-0.92	0.27
Net Tangible Assets	0.76	-0.78	0.65	0.72	0.87	-0.92		-0.95	0.52	-0.85	-0.74	0.71	0.68	0.25	0.91	-0.65	-0.33	0.84	0.53	0.14	-0.78	-0.94	0.74	0.66	0.8	-0.26
Property Plant And Equipment Net	-0.78	0.93	-0.62	-0.67	-0.95	0.96	-0.95		-0.46	0.91	0.85	-0.76	-0.65	-0.26	-0.9	0.8	0.59	-0.84	-0.59	-0.12	0.92	0.99	-0.84	-0.74	-0.9	0.44
Current Deferred Revenue	0.82	-0.35	0.68	0.83	0.64	-0.59	0.52	-0.46		-0.18	-0.73	0.79	-0.04	0.8	0.17	-0.21	0.18	0.21	0.81	0.67	-0.13	-0.54	0.62	0.83	0.7	0.36
Net Debt	-0.55	0.82	-0.28	-0.35	-0.82	0.75	-0.85	0.91	-0.18		0.65	-0.44	-0.89	0.08	-0.84	0.62	0.59	-0.97	-0.22	0.28	0.91	0.86	-0.67	-0.45	-0.72	0.61
Retained Earnings	-0.91	0.88	-0.7	-0.78	-0.96	0.9	-0.74	0.85	-0.73	0.65		-0.92	-0.29	-0.62	-0.57	0.73	0.53	-0.56	-0.84	-0.41	0.73	0.89	-0.92	-0.96	-0.99	0.23
Accounts Payable	0.85	-0.76	0.83	0.89	0.85	-0.9	0.71	-0.76	0.79	-0.44	-0.92		0.03	0.7	0.56	-0.72	-0.37	0.35	0.97	0.7	-0.59	-0.81	0.79	0.98	0.9	-0.06
Cash	0.29	-0.49	-0.01	0.06	0.52	-0.41	0.68	-0.65	-0.04	-0.89	-0.29	0.03		-0.34	0.67	-0.27	-0.31	0.93	-0.2	-0.61	-0.65	-0.58	0.38	0.06	0.38	-0.49
Non Current Assets Total	0.78	-0.33	0.82	0.84	0.44	-0.47	0.25	-0.26	0.8	0.08	-0.62	0.7	-0.34		0.06	-0.38	0.02	-0.16	0.78	0.65	0.0	-0.39	0.66	0.72	0.54	0.58
Non Currrent Assets Other	0.56	-0.81	0.59	0.56	0.73	-0.85	0.91	-0.9	0.17	-0.84	-0.57	0.56	0.67	0.06		-0.79	-0.54	0.77	0.37	-0.02	-0.86	-0.87	0.65	0.46	0.64	-0.4
Other Assets	-0.64	0.93	-0.7	-0.62	-0.75	0.85	-0.65	0.8	-0.21	0.62	0.73	-0.72	-0.27	-0.38	-0.79		0.82	-0.44	-0.61	-0.2	0.84	0.82	-0.8	-0.65	-0.74	0.36
Long Term Debt	-0.27	0.81	-0.2	-0.12	-0.55	0.53	-0.33	0.59	0.18	0.59	0.53	-0.37	-0.31	0.02	-0.54	0.82		-0.41	-0.27	0.15	0.83	0.57	-0.55	-0.38	-0.54	0.71
Cash And Short Term Investments	0.49	-0.68	0.18	0.28	0.76	-0.66	0.84	-0.84	0.21	-0.97	-0.56	0.35	0.93	-0.16	0.77	-0.44	-0.41		0.13	-0.31	-0.8	-0.78	0.55	0.38	0.65	-0.57
Net Receivables	0.78	-0.62	0.8	0.85	0.72	-0.78	0.53	-0.59	0.81	-0.22	-0.84	0.97	-0.2	0.78	0.37	-0.61	-0.27	0.13		0.83	-0.41	-0.65	0.69	0.95	0.81	0.06
Common Stock Shares Outstanding	0.38	-0.12	0.57	0.6	0.25	-0.38	0.14	-0.12	0.67	0.28	-0.41	0.7	-0.61	0.65	-0.02	-0.2	0.15	-0.31	0.83		0.07	-0.18	0.19	0.65	0.37	0.3
Non Current Liabilities Total	-0.53	0.94	-0.38	-0.38	-0.84	0.83	-0.78	0.92	-0.13	0.91	0.73	-0.59	-0.65	0.0	-0.86	0.84	0.83	-0.8	-0.41	0.07		0.88	-0.7	-0.57	-0.78	0.72
Capital Lease Obligations	-0.85	0.94	-0.71	-0.75	-0.97	0.97	-0.94	0.99	-0.54	0.86	0.89	-0.81	-0.58	-0.39	-0.87	0.82	0.57	-0.78	-0.65	-0.18	0.88		-0.9	-0.79	-0.93	0.33
Inventory	0.94	-0.88	0.78	0.81	0.9	-0.86	0.74	-0.84	0.62	-0.67	-0.92	0.79	0.38	0.66	0.65	-0.8	-0.55	0.55	0.69	0.19	-0.7	-0.9		0.82	0.9	-0.07
Other Current Assets	0.87	-0.75	0.75	0.83	0.88	-0.85	0.66	-0.74	0.83	-0.45	-0.96	0.98	0.06	0.72	0.46	-0.65	-0.38	0.38	0.95	0.65	-0.57	-0.79	0.82		0.94	-0.09
Other Stockholder Equity	0.89	-0.9	0.67	0.76	0.99	-0.92	0.8	-0.9	0.7	-0.72	-0.99	0.9	0.38	0.54	0.64	-0.74	-0.54	0.65	0.81	0.37	-0.78	-0.93	0.9	0.94		-0.3
Total Liab	0.14	0.49	0.33	0.31	-0.35	0.27	-0.26	0.44	0.36	0.61	0.23	-0.06	-0.49	0.58	-0.4	0.36	0.71	-0.57	0.06	0.3	0.72	0.33	-0.07	-0.09	-0.3

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HeartCore Enterprises Account Relationship Matchups

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HeartCore Net Receivables vs Net Debt Analysis

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Net Debt

HeartCore Enterprises fundamental ratios Correlations

HeartCore Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for HeartCore Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Capital Lease Obligations	+ 0.99	Property Plant And Equipment Net
Other Current Assets	+ 0.98	Accounts Payable
Total Current Liabilities	+ 0.97	Other Current Liab
Capital Lease Obligations	+ 0.97	Other Liab
Net Receivables	+ 0.97	Accounts Payable

Other Stockholder Equity	- 0.99	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Capital Lease Obligations	- 0.97	Total Stockholder Equity
Other Current Assets	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Total Stockholder Equity
Property Plant And Equipment Net	- 0.95	Net Tangible Assets