HudBay Total Current Assets vs Total 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 Total Current Assets and its Total 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between HudBay Minerals' Total Current Assets and Total Assets is 0.22. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total 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' Total Current Assets and Total 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 Total Current Assets of HudBay Minerals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., HudBay Minerals' Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Assets

Total assets refers to the total amount of HudBay Minerals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HudBay Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.