HudBay Inventory vs Common Stock 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 Inventory and its Common Stock 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.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Inventory account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between HudBay Minerals' Inventory and Common Stock is 0.73. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock 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' Inventory and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of HudBay Minerals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., HudBay Minerals' Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Common Stock
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
Click cells to compare fundamentals
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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When running HudBay Minerals' price analysis, check to measure HudBay Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HudBay Minerals is operating at the current time. Most of HudBay Minerals' value examination focuses on studying past and present price action to predict the probability of HudBay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HudBay Minerals' price. Additionally, you may evaluate how the addition of HudBay Minerals to your portfolios can decrease your overall portfolio volatility.
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