HudBay Cash And Short Term Investments vs Net Debt Analysis
HBM Stock | CAD 13.30 0.08 0.60% |
HudBay Minerals financial indicator trend analysis is much more than just examining HudBay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HudBay Minerals is a good investment. Please check the relationship between HudBay Minerals Cash And Short Term Investments and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between HudBay Minerals' Cash And Short Term Investments and Net Debt is -0.79. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of HudBay Minerals, assuming nothing else is changed. The correlation between historical values of HudBay Minerals' Cash And Short Term Investments 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 Cash And Short Term Investments of HudBay Minerals 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 Cash And Short Term Investments i.e., HudBay Minerals' Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of HudBay Minerals balance sheet. This account contains HudBay Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by HudBay Minerals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 HudBay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HudBay Minerals 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 HudBay Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.At this time, HudBay Minerals' Tax Provision is very stable compared to the past year. As of the 2nd of June 2024, Issuance Of Capital Stock is likely to grow to about 15.1 M, while Selling General Administrative is likely to drop about 27.7 M.
HudBay Minerals fundamental ratios Correlations
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HudBay Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HudBay Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5B | 4.7B | 4.6B | 4.3B | 5.3B | 2.7B | |
Other Current Liab | 202.3M | 206.3M | 294.5M | 267.9M | 88.4M | 107.1M | |
Total Current Liabilities | 391.8M | 448.8M | 509.2M | 447.6M | 537.3M | 564.2M | |
Total Stockholder Equity | 1.8B | 1.7B | 1.5B | 1.6B | 2.1B | 1.3B | |
Property Plant And Equipment Net | 3.7B | 3.7B | 3.7B | 3.6B | 4.3B | 4.5B | |
Net Debt | 671.1M | 760.1M | 987.3M | 1.0B | 1.0B | 1.1B | |
Retained Earnings | 95.0M | (53.3M) | (301.8M) | (235.5M) | (173.6M) | (164.9M) | |
Accounts Payable | 68.7M | 104.6M | 84.3M | 83.8M | 69.3M | 73.3M | |
Cash | 396.1M | 439.1M | 271.0M | 225.7M | 249.8M | 355.6M | |
Non Current Assets Total | 3.8B | 3.9B | 4.0B | 3.8B | 4.6B | 4.9B | |
Non Currrent Assets Other | 44.1M | 56.3M | 67.9M | 109.1M | 72.9M | 50.8M | |
Cash And Short Term Investments | 396.1M | 439.1M | 271.0M | 225.7M | 259.5M | 358.8M | |
Net Receivables | 113.3M | 153.6M | 204.1M | 122.3M | 169.8M | 99.4M | |
Liabilities And Stockholders Equity | 4.5B | 4.7B | 4.6B | 4.3B | 5.0B | 2.6B | |
Non Current Liabilities Total | 2.2B | 2.5B | 2.6B | 2.3B | 2.6B | 1.4B | |
Other Current Assets | 12.7M | 16.7M | 23.2M | 20.1M | 6.3M | 6.0M | |
Other Stockholder Equity | (24.3M) | (24.2M) | (182K) | 60.2M | 54.2M | 51.5M | |
Total Liab | 2.6B | 3.0B | 3.1B | 2.8B | 3.1B | 3.3B | |
Property Plant And Equipment Gross | 3.7B | 3.7B | 6.6B | 5.3B | 6.9B | 7.2B | |
Total Current Assets | 663.0M | 755.7M | 656.7M | 524.2M | 673.2M | 601.2M | |
Accumulated Other Comprehensive Income | (24.3M) | (24.2M) | (182K) | 26.5M | 23.9M | 25.1M | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.3B | 1.2B | 1.4B | 1.5B | |
Other Assets | 119.1M | 158.2M | 201.5M | 176.4M | 202.8M | 108.4M | |
Short Term Debt | 32.8M | 33.5M | 33.5M | 16.2M | 14.5M | 13.8M | |
Inventory | 138.8M | 143.1M | 158.5M | 155.0M | 207.3M | 133.7M | |
Intangible Assets | 5.0M | 5.4M | 5.9M | 4.8M | 4.0M | 5.6M | |
Current Deferred Revenue | 87.9M | 104.4M | 96.9M | 79.7M | 91.7M | 85.0M | |
Other Liab | 1.2B | 1.4B | 1.4B | 1.1B | 1.2B | 1.3B | |
Net Tangible Assets | 1.8B | 1.7B | 1.5B | 1.6B | 1.4B | 1.4B | |
Long Term Debt | 985.3M | 1.1B | 1.2B | 1.2B | 1.3B | 1.2B | |
Long Term Investments | 11.3M | 15.7M | 11.2M | 9.8M | 7.1M | 13.1M | |
Property Plant Equipment | 3.7B | 3.7B | 3.7B | 3.6B | 4.1B | 4.1B | |
Long Term Debt Total | 1.0B | 1.2B | 1.2B | 1.2B | 1.4B | 1.3B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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