HHG Total Current Liabilities vs Net Debt Analysis
| HHGC Stock | USD 11.50 0.16 1.37% |
HHG Capital financial indicator trend analysis is much more than just examining HHG Capital Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HHG Capital Corp is a good investment. Please check the relationship between HHG Capital Total Current Liabilities and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HHG Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade HHG Stock refer to our How to Trade HHG Stock guide.
Total Current Liabilities vs Net Debt
Total Current Liabilities vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HHG Capital Corp Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between HHG Capital's Total Current Liabilities and Net Debt is 0.26. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of HHG Capital Corp, assuming nothing else is changed. The correlation between historical values of HHG Capital's Total Current Liabilities 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 Total Current Liabilities of HHG Capital Corp 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 Total Current Liabilities i.e., HHG Capital's Total Current Liabilities and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on HHG Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HHG Capital Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 HHG Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HHG Capital Corp 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 HHG Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade HHG Stock refer to our How to Trade HHG Stock guide.As of September 19, 2024, Selling General Administrative is expected to decline to about 353.5 K. In addition to that, Issuance Of Capital Stock is expected to decline to 0.00
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 79.0 | 607.0 | 4.1K | 4.3K | Net Interest Income | 79.0 | 607.0 | 4.1K | 4.3K |
HHG Capital fundamental ratios Correlations
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HHG Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in HHG Stock
When determining whether HHG Capital Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HHG Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hhg Capital Corp Stock. Highlighted below are key reports to facilitate an investment decision about Hhg Capital Corp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HHG Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade HHG Stock refer to our How to Trade HHG Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HHG Capital. If investors know HHG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HHG Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.258 | Earnings Share 0.29 | Return On Assets (0.01) | Return On Equity 1.6938 |
The market value of HHG Capital Corp is measured differently than its book value, which is the value of HHG that is recorded on the company's balance sheet. Investors also form their own opinion of HHG Capital's value that differs from its market value or its book value, called intrinsic value, which is HHG Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HHG Capital's market value can be influenced by many factors that don't directly affect HHG Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HHG Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if HHG Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HHG Capital's 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.