HudBay Inventory vs Short Term 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 Inventory and its Short Term 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.

Inventory vs Short Term Debt

Inventory vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Inventory account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HudBay Minerals' Inventory and Short Term Debt is -0.68. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term 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' Inventory and Short Term 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 Inventory of HudBay Minerals are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Inventory i.e., HudBay Minerals' Inventory and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Short Term Debt

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

0.680.710.870.820.53-0.070.28-0.060.820.38-0.060.770.70.950.38-0.330.820.590.220.750.930.920.68-0.260.49
0.680.570.410.560.44-0.20.05-0.060.560.25-0.070.670.360.770.58-0.50.670.440.130.490.590.580.61-0.190.22
0.710.570.510.860.63-0.490.26-0.080.880.31-0.080.60.930.750.09-0.30.930.930.180.910.760.790.78-0.320.66
0.870.410.510.640.170.340.490.260.640.480.260.540.60.670.430.020.570.350.470.530.790.780.290.040.23
0.820.560.860.640.82-0.360.14-0.341.00.17-0.340.680.890.860.06-0.440.960.85-0.080.960.840.860.74-0.560.63
0.530.440.630.170.82-0.67-0.2-0.790.8-0.06-0.790.580.620.71-0.21-0.570.780.76-0.590.830.60.620.8-0.830.69
-0.07-0.2-0.490.34-0.36-0.670.190.59-0.350.220.59-0.07-0.4-0.30.420.38-0.44-0.640.51-0.51-0.28-0.3-0.680.68-0.78
0.280.050.260.490.14-0.20.190.410.160.650.410.030.340.10.250.710.120.120.480.230.370.370.070.330.09
-0.06-0.06-0.080.26-0.34-0.790.590.41-0.320.271.0-0.25-0.08-0.260.470.38-0.25-0.340.95-0.35-0.13-0.14-0.480.81-0.44
0.820.560.880.641.00.8-0.350.16-0.320.2-0.310.680.90.850.06-0.420.970.87-0.060.960.830.850.75-0.530.61
0.380.250.310.480.17-0.060.220.650.270.20.270.390.280.240.320.50.20.180.40.260.330.330.230.42-0.03
-0.06-0.07-0.080.26-0.34-0.790.590.411.0-0.310.27-0.25-0.08-0.260.470.38-0.25-0.330.95-0.35-0.13-0.13-0.480.81-0.44
0.770.670.60.540.680.58-0.070.03-0.250.680.39-0.250.460.820.35-0.40.720.510.020.640.60.590.66-0.160.23
0.70.360.930.60.890.62-0.40.34-0.080.90.28-0.080.460.680.0-0.180.880.90.160.930.80.830.67-0.350.7
0.950.770.750.670.860.71-0.30.1-0.260.850.24-0.260.820.680.3-0.530.890.680.020.810.890.890.82-0.440.57
0.380.580.090.430.06-0.210.420.250.470.060.320.470.350.00.3-0.030.14-0.090.560.00.230.210.040.49-0.28
-0.33-0.5-0.30.02-0.44-0.570.380.710.38-0.420.50.38-0.4-0.18-0.53-0.03-0.51-0.320.28-0.33-0.24-0.24-0.40.55-0.26
0.820.670.930.570.960.78-0.440.12-0.250.970.2-0.250.720.880.890.14-0.510.880.020.950.820.840.82-0.480.62
0.590.440.930.350.850.76-0.640.12-0.340.870.18-0.330.510.90.68-0.09-0.320.88-0.10.910.70.720.81-0.520.76
0.220.130.180.47-0.08-0.590.510.480.95-0.060.40.950.020.160.020.560.280.02-0.1-0.090.130.13-0.240.74-0.26
0.750.490.910.530.960.83-0.510.23-0.350.960.26-0.350.640.930.810.0-0.330.950.91-0.090.830.850.81-0.530.73
0.930.590.760.790.840.6-0.280.37-0.130.830.33-0.130.60.80.890.23-0.240.820.70.130.831.00.71-0.410.72
0.920.580.790.780.860.62-0.30.37-0.140.850.33-0.130.590.830.890.21-0.240.840.720.130.851.00.72-0.420.73
0.680.610.780.290.740.8-0.680.07-0.480.750.23-0.480.660.670.820.04-0.40.820.81-0.240.810.710.72-0.50.71
-0.26-0.19-0.320.04-0.56-0.830.680.330.81-0.530.420.81-0.16-0.35-0.440.490.55-0.48-0.520.74-0.53-0.41-0.42-0.5-0.68
0.490.220.660.230.630.69-0.780.09-0.440.61-0.03-0.440.230.70.57-0.28-0.260.620.76-0.260.730.720.730.71-0.68
Click cells to compare fundamentals

HudBay Minerals Account Relationship Matchups

HudBay Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.7B4.6B4.3B5.3B2.7B
Other Current Liab202.3M206.3M294.5M267.9M88.4M107.1M
Total Current Liabilities391.8M448.8M509.2M447.6M537.3M564.2M
Total Stockholder Equity1.8B1.7B1.5B1.6B2.1B1.3B
Property Plant And Equipment Net3.7B3.7B3.7B3.6B4.3B4.5B
Net Debt671.1M760.1M987.3M1.0B1.0B1.1B
Retained Earnings95.0M(53.3M)(301.8M)(235.5M)(173.6M)(164.9M)
Accounts Payable68.7M104.6M84.3M83.8M69.3M73.3M
Cash396.1M439.1M271.0M225.7M249.8M355.6M
Non Current Assets Total3.8B3.9B4.0B3.8B4.6B4.9B
Non Currrent Assets Other44.1M56.3M67.9M109.1M72.9M50.8M
Cash And Short Term Investments396.1M439.1M271.0M225.7M259.5M358.8M
Net Receivables113.3M153.6M204.1M122.3M169.8M99.4M
Liabilities And Stockholders Equity4.5B4.7B4.6B4.3B5.0B2.6B
Non Current Liabilities Total2.2B2.5B2.6B2.3B2.6B1.4B
Other Current Assets12.7M16.7M23.2M20.1M6.3M6.0M
Other Stockholder Equity(24.3M)(24.2M)(182K)60.2M54.2M51.5M
Total Liab2.6B3.0B3.1B2.8B3.1B3.3B
Property Plant And Equipment Gross3.7B3.7B6.6B5.3B6.9B7.2B
Total Current Assets663.0M755.7M656.7M524.2M673.2M601.2M
Accumulated Other Comprehensive Income(24.3M)(24.2M)(182K)26.5M23.9M25.1M
Short Long Term Debt Total1.1B1.2B1.3B1.2B1.4B1.5B
Other Assets119.1M158.2M201.5M176.4M202.8M108.4M
Short Term Debt32.8M33.5M33.5M16.2M14.5M13.8M
Inventory138.8M143.1M158.5M155.0M207.3M133.7M
Intangible Assets5.0M5.4M5.9M4.8M4.0M5.6M
Current Deferred Revenue87.9M104.4M96.9M79.7M91.7M85.0M
Other Liab1.2B1.4B1.4B1.1B1.2B1.3B
Net Tangible Assets1.8B1.7B1.5B1.6B1.4B1.4B
Long Term Debt985.3M1.1B1.2B1.2B1.3B1.2B
Long Term Investments11.3M15.7M11.2M9.8M7.1M13.1M
Property Plant Equipment3.7B3.7B3.7B3.6B4.1B4.1B
Long Term Debt Total1.0B1.2B1.2B1.2B1.4B1.3B

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When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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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Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' 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.