HudBay Other Current Assets vs Total Current Assets 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 Other Current Assets and its Total Current Assets 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.
Other Current Assets vs Total Current Assets
Other Current Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Other Current Assets account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HudBay Minerals' Other Current Assets and Total Current Assets is 0.56. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Assets 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' Other Current Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of HudBay Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Assets i.e., HudBay Minerals' Other Current Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for HudBay Stock analysis
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.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
CEOs Directory Screen CEOs from public companies around the world | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |