Hirequest Property Plant And Equipment Net vs Good Will Analysis

HQI Stock  USD 12.65  0.63  5.24%   
Hirequest financial indicator trend analysis is much more than just examining Hirequest latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hirequest is a good investment. Please check the relationship between Hirequest Property Plant And Equipment Net and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Property Plant And Equipment Net vs Good Will

Property Plant And Equipment Net vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Property Plant And Equipment Net account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Hirequest's Property Plant And Equipment Net and Good Will is 0.06. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Good Will in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Property Plant And Equipment Net and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Hirequest are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant And Equipment Net i.e., Hirequest's Property Plant And Equipment Net and Good Will go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Hirequest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hirequest 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 Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.The Hirequest's current Enterprise Value is estimated to increase to about 117.9 M, while Selling General Administrative is projected to decrease to under 14.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit22.6M28.9M35.1M19.4M
Total Revenue22.8M31.0M37.9M59.1M

Hirequest fundamental ratios Correlations

0.980.840.970.910.89-0.260.96-0.320.820.90.950.38-0.25-0.340.50.26-0.340.98-0.25-0.670.330.720.970.910.35
0.980.860.930.920.81-0.280.88-0.390.710.880.870.37-0.33-0.340.540.23-0.340.95-0.35-0.650.330.660.970.890.28
0.840.860.810.790.7-0.730.74-0.640.580.840.74-0.1-0.440.130.660.210.130.86-0.55-0.54-0.130.630.830.950.01
0.970.930.810.80.86-0.250.96-0.290.830.870.960.28-0.26-0.250.360.22-0.250.93-0.24-0.720.230.810.880.880.47
0.910.920.790.80.86-0.270.82-0.330.630.830.80.49-0.27-0.470.660.38-0.470.94-0.25-0.50.470.470.960.880.02
0.890.810.70.860.86-0.230.92-0.150.730.740.890.41-0.07-0.380.480.59-0.380.91-0.04-0.470.370.520.850.850.14
-0.26-0.28-0.73-0.25-0.27-0.23-0.210.69-0.14-0.38-0.210.680.39-0.69-0.55-0.11-0.69-0.330.580.090.69-0.26-0.27-0.580.35
0.960.880.740.960.820.92-0.21-0.190.920.871.00.36-0.13-0.320.40.28-0.320.94-0.09-0.650.310.750.90.860.42
-0.32-0.39-0.64-0.29-0.33-0.150.69-0.19-0.08-0.38-0.210.340.44-0.34-0.44-0.05-0.34-0.360.840.090.34-0.22-0.35-0.50.11
0.820.710.580.830.630.73-0.140.92-0.080.820.940.270.0-0.230.28-0.01-0.230.780.03-0.640.220.770.750.680.6
0.90.880.840.870.830.74-0.380.87-0.380.820.880.23-0.35-0.20.650.05-0.20.9-0.34-0.580.190.690.890.840.39
0.950.870.740.960.80.89-0.211.0-0.210.940.880.33-0.14-0.290.370.21-0.290.93-0.1-0.680.280.790.880.840.48
0.380.37-0.10.280.490.410.680.360.340.270.230.330.16-1.00.080.26-1.00.370.3-0.141.0-0.020.440.070.23
-0.25-0.33-0.44-0.26-0.27-0.070.39-0.130.440.0-0.35-0.140.16-0.16-0.220.06-0.16-0.280.490.210.17-0.33-0.23-0.360.03
-0.34-0.340.13-0.25-0.47-0.38-0.69-0.32-0.34-0.23-0.2-0.29-1.0-0.16-0.07-0.261.0-0.34-0.30.11-1.00.06-0.41-0.05-0.2
0.50.540.660.360.660.48-0.550.4-0.440.280.650.370.08-0.22-0.070.32-0.070.6-0.40.040.08-0.010.630.58-0.28
0.260.230.210.220.380.59-0.110.28-0.05-0.010.050.210.260.06-0.260.32-0.260.36-0.060.230.25-0.230.290.35-0.39
-0.34-0.340.13-0.25-0.47-0.38-0.69-0.32-0.34-0.23-0.2-0.29-1.0-0.161.0-0.07-0.26-0.34-0.30.11-1.00.06-0.41-0.05-0.2
0.980.950.860.930.940.91-0.330.94-0.360.780.90.930.37-0.28-0.340.60.36-0.34-0.29-0.60.330.650.980.920.21
-0.25-0.35-0.55-0.24-0.25-0.040.58-0.090.840.03-0.34-0.10.30.49-0.3-0.4-0.06-0.3-0.290.050.3-0.17-0.26-0.390.03
-0.67-0.65-0.54-0.72-0.5-0.470.09-0.650.09-0.64-0.58-0.68-0.140.210.110.040.230.11-0.60.05-0.1-0.88-0.58-0.55-0.4
0.330.33-0.130.230.470.370.690.310.340.220.190.281.00.17-1.00.080.25-1.00.330.3-0.1-0.070.410.040.2
0.720.660.630.810.470.52-0.260.75-0.220.770.690.79-0.02-0.330.06-0.01-0.230.060.65-0.17-0.88-0.070.580.650.57
0.970.970.830.880.960.85-0.270.9-0.350.750.890.880.44-0.23-0.410.630.29-0.410.98-0.26-0.580.410.580.890.19
0.910.890.950.880.880.85-0.580.86-0.50.680.840.840.07-0.36-0.050.580.35-0.050.92-0.39-0.550.040.650.890.06
0.350.280.010.470.020.140.350.420.110.60.390.480.230.03-0.2-0.28-0.39-0.20.210.03-0.40.20.570.190.06
Click cells to compare fundamentals

Hirequest Account Relationship Matchups

Hirequest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.9M49.1M77.4M103.3M105.6M110.9M
Total Stockholder Equity31.3M36.4M46.7M58.3M62.7M65.9M
Retained Earnings3.7M7.7M16.4M25.5M28.3M29.8M
Non Current Assets Total9.9M9.5M35.3M51.4M54.1M56.8M
Common Stock Shares Outstanding11.6M13.7M13.6M13.7M13.8M14.5M
Liabilities And Stockholders Equity46.9M49.1M77.4M103.3M105.6M110.9M
Non Current Liabilities Total4.6M3.3M9.1M8.2M7.1M7.5M
Other Stockholder Equity27.6M28.7M30.3M32.7M34.4M41.5M
Total Liab15.6M12.7M30.6M45.0M42.9M45.0M
Common Stock13.5K13.6K13.7K14K16.1K30.9K
Other Current Liab10.8M9.0M4.3M23.1M17.1M17.9M
Total Current Liabilities11.0M9.5M21.5M36.8M35.7M37.5M
Net Debt(4.2M)(13.7M)2.0M13.5M13.4M14.1M
Accounts Payable253.8K457.5K1.1M448K137K130.2K
Cash4.2M13.7M1.3M3.0M1.3M1.3M
Non Currrent Assets Other8.0M5.9M4.0M7.3M2.5M2.8M
Other Assets8.0M623.5K25.3M7.3M1.00.95
Cash And Short Term Investments4.2M13.7M1.3M3.0M1.3M1.3M
Net Receivables31.6M23.5M39.7M46.1M46.2M48.5M
Common Stock Total Equity13.5K13.6K13.7K14K16.1K29.1K
Inventory1.0M1.4M369.2K915K1.1M1.1M
Other Current Assets201.4K344.1K659.4K1.8M3.9M4.1M
Total Current Assets37.0M39.0M42.0M51.9M51.5M54.0M
Property Plant And Equipment Net1.9M3.2M4.5M4.4M4.3M4.5M
Property Plant And Equipment Gross1.9M3.2M4.5M4.4M5.3M5.6M
Short Term Debt853.6K398.9K381.5K13.2M14.6M15.4M
Capital Surpluse27.6M28.8M30.5M32.8M29.6M35.8M
Property Plant Equipment1.9M3.2M4.5M4.4M5.0M5.3M
Short Long Term Debt853.6K398.9K381.5K13.2M14.6M15.4M
Other Liab4.6M3.3M6.3M5.0M5.7M3.8M
Net Tangible Assets31.3M36.0M46.7M47.6M54.7M33.9M
Net Invested Capital31.3M36.4M50.0M74.8M77.5M48.5M
Net Working Capital26.0M29.5M20.5M15.2M15.7M21.1M
Capital Stock13.5K13.6K13.7K14K16.1K13.5K
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 Hirequest 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, Hirequest's short interest history, or implied volatility extrapolated from Hirequest options trading.

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When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's 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 Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Is Hirequest's 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 Hirequest. If investors know Hirequest 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 Hirequest 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
(0.65)
Dividend Share
0.24
Earnings Share
0.47
Revenue Per Share
2.758
Quarterly Revenue Growth
0.212
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.