Highway Retained Earnings vs Net Debt Analysis

HIHO Stock

USD 2.10 0.03 1.41%

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 Retained Earnings and its Net Debt 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highway Holdings Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Highway Holdings' Retained Earnings and Net Debt is -0.26. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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' Retained Earnings 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 Retained Earnings of Highway Holdings Limited 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 Retained Earnings i.e., Highway Holdings' Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 27th 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

Gross Profit Total Revenue

Highway Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Other Assets	Long Term Debt	Short Term Investments
Total Assets		0.41	0.1	0.35	0.79	-0.23	-0.67	0.64	0.23	0.51	-0.27	0.5	0.35	-0.39	-0.42	0.39	0.31	-0.01	0.07	0.62	0.63	-0.34	-0.07	-0.25	-0.11	0.02
Short Long Term Debt Total	0.41		-0.14	0.46	0.1	-0.26	-0.68	0.04	-0.26	0.76	-0.17	0.74	-0.22	0.02	-0.08	-0.33	-0.21	-0.46	0.39	0.34	0.64	0.27	-0.15	0.13	0.11	0.25
Other Current Liab	0.1	-0.14		0.01	-0.11	0.29	0.11	-0.22	-0.35	-0.06	0.37	0.0	-0.3	0.13	0.11	0.0	-0.41	0.04	0.16	-0.33	-0.41	0.26	-0.16	0.33	0.07	0.44
Total Current Liabilities	0.35	0.46	0.01		-0.05	-0.39	-0.68	-0.21	-0.11	0.76	-0.4	0.8	-0.05	0.26	-0.1	-0.36	-0.43	-0.02	0.7	0.67	0.62	-0.25	-0.38	-0.22	0.4	0.13
Total Stockholder Equity	0.79	0.1	-0.11	-0.05		-0.41	-0.43	0.89	0.5	0.08	-0.45	0.05	0.69	-0.59	-0.68	0.65	0.78	0.05	-0.51	0.59	0.44	-0.25	0.06	-0.26	-0.23	0.07
Property Plant And Equipment Net	-0.23	-0.26	0.29	-0.39	-0.41		0.69	-0.25	-0.13	-0.39	0.98	-0.39	-0.52	-0.09	0.82	-0.1	-0.37	-0.08	0.29	-0.72	-0.6	0.13	0.45	0.31	-0.39	-0.35
Net Debt	-0.67	-0.68	0.11	-0.68	-0.43	0.69		-0.26	0.05	-0.88	0.67	-0.87	-0.18	0.01	0.54	0.1	-0.03	0.14	-0.22	-0.77	-0.86	0.2	0.37	0.19	-0.26	-0.24
Retained Earnings	0.64	0.04	-0.22	-0.21	0.89	-0.25	-0.26		0.63	-0.06	-0.31	-0.1	0.62	-0.76	-0.64	0.66	0.82	-0.04	-0.57	0.39	0.35	-0.14	0.45	-0.03	-0.57	0.13
Accounts Payable	0.23	-0.26	-0.35	-0.11	0.5	-0.13	0.05	0.63		-0.3	-0.21	-0.34	0.62	-0.63	-0.35	0.49	0.56	0.3	-0.4	0.27	-0.03	-0.15	0.44	-0.02	-0.46	-0.01
Cash	0.51	0.76	-0.06	0.76	0.08	-0.39	-0.88	-0.06	-0.3		-0.36	0.99	-0.17	0.24	-0.12	-0.39	-0.33	-0.17	0.6	0.58	0.76	-0.16	-0.39	-0.13	0.36	0.06
Non Current Assets Total	-0.27	-0.17	0.37	-0.4	-0.45	0.98	0.67	-0.31	-0.21	-0.36		-0.37	-0.59	-0.06	0.84	-0.16	-0.44	-0.12	0.3	-0.76	-0.64	0.31	0.4	0.43	-0.34	-0.24
Cash And Short Term Investments	0.5	0.74	0.0	0.8	0.05	-0.39	-0.87	-0.1	-0.34	0.99	-0.37		-0.19	0.28	-0.14	-0.4	-0.38	-0.18	0.63	0.57	0.76	-0.19	-0.41	-0.15	0.37	0.1
Net Receivables	0.35	-0.22	-0.3	-0.05	0.69	-0.52	-0.18	0.62	0.62	-0.17	-0.59	-0.19		-0.32	-0.67	0.36	0.73	0.25	-0.56	0.53	0.21	-0.38	-0.05	-0.39	-0.03	0.0
Common Stock Shares Outstanding	-0.39	0.02	0.13	0.26	-0.59	-0.09	0.01	-0.76	-0.63	0.24	-0.06	0.28	-0.32		0.3	-0.43	-0.51	0.27	0.45	-0.06	-0.07	-0.15	-0.76	-0.39	0.86	-0.22
Non Current Liabilities Total	-0.42	-0.08	0.11	-0.1	-0.68	0.82	0.54	-0.64	-0.35	-0.12	0.84	-0.14	-0.67	0.3		-0.46	-0.64	-0.03	0.59	-0.53	-0.49	0.18	0.07	0.2	0.07	-0.49
Inventory	0.39	-0.33	0.0	-0.36	0.65	-0.1	0.1	0.66	0.49	-0.39	-0.16	-0.4	0.36	-0.43	-0.46		0.72	0.37	-0.56	0.12	0.02	-0.18	0.2	-0.24	-0.32	-0.01
Other Current Assets	0.31	-0.21	-0.41	-0.43	0.78	-0.37	-0.03	0.82	0.56	-0.33	-0.44	-0.38	0.73	-0.51	-0.64	0.72		0.04	-0.8	0.3	0.19	-0.2	0.22	-0.28	-0.3	-0.07
Other Stockholder Equity	-0.01	-0.46	0.04	-0.02	0.05	-0.08	0.14	-0.04	0.3	-0.17	-0.12	-0.18	0.25	0.27	-0.03	0.37	0.04		-0.04	0.1	-0.24	-0.32	-0.32	-0.36	0.33	-0.23
Total Liab	0.07	0.39	0.16	0.7	-0.51	0.29	-0.22	-0.57	-0.4	0.6	0.3	0.63	-0.56	0.45	0.59	-0.56	-0.8	-0.04		0.09	0.2	-0.1	-0.25	-0.03	0.33	-0.21
Total Current Assets	0.62	0.34	-0.33	0.67	0.59	-0.72	-0.77	0.39	0.27	0.58	-0.76	0.57	0.53	-0.06	-0.53	0.12	0.3	0.1	0.09		0.77	-0.4	-0.37	-0.48	0.32	-0.02
Short Term Debt	0.63	0.64	-0.41	0.62	0.44	-0.6	-0.86	0.35	-0.03	0.76	-0.64	0.76	0.21	-0.07	-0.49	0.02	0.19	-0.24	0.2	0.77		-0.39	-0.18	-0.41	0.11	0.01
Non Currrent Assets Other	-0.34	0.27	0.26	-0.25	-0.25	0.13	0.2	-0.14	-0.15	-0.16	0.31	-0.19	-0.38	-0.15	0.18	-0.18	-0.2	-0.32	-0.1	-0.4	-0.39		0.22	0.84	-0.18	0.56
Intangible Assets	-0.07	-0.15	-0.16	-0.38	0.06	0.45	0.37	0.45	0.44	-0.39	0.4	-0.41	-0.05	-0.76	0.07	0.2	0.22	-0.32	-0.25	-0.37	-0.18	0.22		0.54	-0.96	0.14
Other Assets	-0.25	0.13	0.33	-0.22	-0.26	0.31	0.19	-0.03	-0.02	-0.13	0.43	-0.15	-0.39	-0.39	0.2	-0.24	-0.28	-0.36	-0.03	-0.48	-0.41	0.84	0.54		-0.51	0.57
Long Term Debt	-0.11	0.11	0.07	0.4	-0.23	-0.39	-0.26	-0.57	-0.46	0.36	-0.34	0.37	-0.03	0.86	0.07	-0.32	-0.3	0.33	0.33	0.32	0.11	-0.18	-0.96	-0.51		-0.21
Short Term Investments	0.02	0.25	0.44	0.13	0.07	-0.35	-0.24	0.13	-0.01	0.06	-0.24	0.1	0.0	-0.22	-0.49	-0.01	-0.07	-0.23	-0.21	-0.02	0.01	0.56	0.14	0.57	-0.21

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Highway Holdings Account Relationship Matchups

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

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When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:

How To Invest In Highway

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Is Highway Stock a good investment?

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What is Highway Holdings' Net Worth?

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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.

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Highway Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Highway Holdings fundamental ratios Correlations

Highway Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Highway Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Highway Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.89	Total Stockholder Equity
Long Term Debt	+ 0.86	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 0.84	Non Current Assets Total
Other Assets	+ 0.84	Non Currrent Assets Other

Long Term Debt	- 0.96	Intangible Assets
Cash	- 0.88	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt
Short Term Debt	- 0.86	Net Debt
Total Liab	- 0.8	Other Current Assets
Total Current Assets	- 0.77	Net Debt