Highway Ebit vs Total Revenue Analysis
| HIHO Stock | USD 2.11 0.01 0.48% |
Highway Holdings financial indicator trend analysis is much more than just examining Highway Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highway Holdings is a good investment. Please check the relationship between Highway Holdings Ebit and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Ebit vs Total Revenue
Ebit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highway Holdings Ebit account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Highway Holdings' Ebit and Total Revenue is 0.58. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Highway Holdings Limited, assuming nothing else is changed. The correlation between historical values of Highway Holdings' Ebit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Highway Holdings Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., Highway Holdings' Ebit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Ebit
Total Revenue
Total revenue comprises all receipts Highway Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Highway Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highway Holdings 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 Highway Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Highway Holdings' Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Issuance Of Capital Stock is likely to grow to 1,208, though Tax Provision is likely to grow to (17.1 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 3.1M | 2.8M | 3.9M | Total Revenue | 12.4M | 10.2M | 9.2M | 17.3M |
Highway Holdings fundamental ratios Correlations
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Highway Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Highway Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 18.2M | 15.5M | 14.9M | 13.9M | 12.5M | 13.8M | |
| Other Current Liab | 3.2M | 2.4M | 3.3M | 293K | 337.0K | 320.1K | |
| Total Current Liabilities | 5.0M | 4.0M | 5.2M | 4.1M | 4.7M | 5.6M | |
| Total Stockholder Equity | 10.9M | 9.8M | 9.3M | 8.2M | 7.4M | 9.2M | |
| Property Plant And Equipment Net | 4.6M | 3.6M | 2.4M | 2.9M | 2.6M | 2.4M | |
| Net Debt | (6.0M) | (5.8M) | (4.8M) | (4.9M) | (4.4M) | (4.6M) | |
| Retained Earnings | (865K) | (2.0M) | (2.3M) | (3.4M) | (3.1M) | (2.9M) | |
| Accounts Payable | 997K | 653K | 828K | 928K | 835.2K | 1.6M | |
| Non Current Assets Total | 4.9M | 4.0M | 2.5M | 3.2M | 2.9M | 2.7M | |
| Net Receivables | 2.0M | 973K | 2.3M | 1.9M | 1.7M | 2.6M | |
| Common Stock Shares Outstanding | 3.9M | 4.0M | 4.2M | 4.1M | 4.7M | 3.9M | |
| Liabilities And Stockholders Equity | 18.2M | 15.5M | 14.9M | 13.9M | 12.5M | 13.8M | |
| Non Current Liabilities Total | 2.3M | 1.7M | 408K | 1.6M | 1.8M | 1.9M | |
| Inventory | 2M | 2.2M | 2.4M | 1.4M | 1.3M | 1.2M | |
| Other Current Assets | 11K | 21K | 26K | 47K | 42.3K | 40.2K | |
| Other Stockholder Equity | 11.5M | 11.7M | 11.8M | 12.0M | 13.8M | 12.0M | |
| Total Liab | 7.3M | 5.7M | 5.6M | 5.7M | 6.5M | 6.2M | |
| Total Current Assets | 13.2M | 11.5M | 12.3M | 10.7M | 12.3M | 15.2M | |
| Short Term Debt | 782K | 821K | 933K | 573K | 659.0K | 626.0K | |
| Non Currrent Assets Other | 358K | 377K | 95K | 308K | 354.2K | 371.9K | |
| Other Assets | 358K | 377K | 95K | 308K | 277.2K | 270.2K | |
| Short Term Investments | 108K | 3K | 1.1M | 54K | 48.6K | 46.2K | |
| Accumulated Other Comprehensive Income | 196K | 48K | (303K) | (444K) | (399.6K) | (419.6K) | |
| Property Plant Equipment | 4.6M | 3.6M | 2.4M | 2.9M | 2.6M | 2.2M | |
| Property Plant And Equipment Gross | 4.6M | 3.6M | 2.4M | 2.9M | 2.6M | 2.0M | |
| Other Liab | 229K | 607K | 140K | 124K | 142.6K | 143.4K | |
| Net Tangible Assets | 10.1M | 10.9M | 9.8M | 9.3M | 8.3M | 8.8M | |
| Net Invested Capital | 10.9M | 9.8M | 9.3M | 8.2M | 7.4M | 8.0M | |
| Net Working Capital | 8.2M | 7.5M | 7.1M | 6.6M | 5.9M | 6.5M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Highway Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Highway Holdings' short interest history, or implied volatility extrapolated from Highway Holdings options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Highway Holdings information on this page should be used as a complementary analysis to other Highway Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running Highway Holdings' price analysis, check to measure Highway Holdings' 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 Highway Holdings is operating at the current time. Most of Highway Holdings' value examination focuses on studying past and present price action to predict the probability of Highway Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway Holdings' price. Additionally, you may evaluate how the addition of Highway Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Highway Holdings' industry 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 Highway Holdings. If investors know Highway 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 Highway Holdings 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 5.885 | Dividend Share 0.2 | Earnings Share (0.23) | Revenue Per Share 1.987 | Quarterly Revenue Growth 0.603 |
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' 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 Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' 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 Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' 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.