Hubbell Other Current Assets vs Total Current Liabilities Analysis
HUBB Stock | USD 396.37 3.31 0.84% |
Hubbell financial indicator trend analysis is much more than just examining Hubbell latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubbell is a good investment. Please check the relationship between Hubbell Other Current Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubbell Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hubbell's Other Current Assets and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Hubbell, assuming nothing else is changed. The correlation between historical values of Hubbell's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Hubbell are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Hubbell's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Current Liabilities
Total Current Liabilities is an item on Hubbell balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hubbell 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.Most indicators from Hubbell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubbell 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 Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.At present, Hubbell's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 19.80, whereas Selling General Administrative is forecasted to decline to about 496.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.5B | 1.9B | 1.1B | Total Revenue | 4.2B | 4.9B | 5.4B | 2.8B |
Hubbell fundamental ratios Correlations
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Hubbell Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubbell fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 5.1B | 5.3B | 5.4B | 6.9B | 7.3B | |
Short Long Term Debt Total | 1.6B | 1.6B | 1.4B | 1.4B | 2.3B | 2.4B | |
Total Current Liabilities | 844.9M | 948.2M | 1.1B | 1.1B | 1.3B | 1.4B | |
Total Stockholder Equity | 1.9B | 2.1B | 2.2B | 2.4B | 2.9B | 3.0B | |
Property Plant And Equipment Net | 505.2M | 519.2M | 459.5M | 528M | 799.7M | 839.7M | |
Net Debt | 1.4B | 1.3B | 1.2B | 1.0B | 2.0B | 2.1B | |
Retained Earnings | 2.3B | 2.4B | 2.6B | 2.7B | 3.2B | 3.3B | |
Cash | 182M | 259.6M | 286.2M | 440.5M | 336.1M | 228.8M | |
Non Current Assets Total | 3.3B | 3.5B | 3.4B | 3.4B | 4.7B | 5.0B | |
Non Currrent Assets Other | 174.6M | 173.3M | 320.8M | 146.9M | 138.7M | 105.9M | |
Cash And Short Term Investments | 196.2M | 268.9M | 295.6M | 454.8M | 348.7M | 245.3M | |
Net Receivables | 683M | 634.7M | 675.3M | 741.6M | 785.4M | 824.7M | |
Common Stock Shares Outstanding | 54.9M | 54.7M | 54.5M | 54.1M | 54M | 48.3M | |
Liabilities And Stockholders Equity | 4.9B | 5.1B | 5.3B | 5.4B | 6.9B | 7.3B | |
Non Current Liabilities Total | 2.1B | 2.1B | 2.0B | 1.9B | 2.7B | 2.8B | |
Inventory | 633M | 607.3M | 662.1M | 740.7M | 832.9M | 874.5M | |
Other Current Assets | 62M | 76.7M | 66.8M | 84.3M | 200.2M | 210.2M | |
Other Stockholder Equity | 13.5M | 4.9M | 9.4M | (345.2M) | 6.1M | 5.8M | |
Total Liab | 2.9B | 3.0B | 3.0B | 3.0B | 4.0B | 4.2B | |
Total Current Assets | 1.6B | 1.6B | 1.9B | 2.0B | 2.2B | 2.3B | |
Intangible Assets | 781.5M | 810.6M | 681.5M | 669.9M | 1.2B | 1.3B | |
Other Current Liab | 400.8M | 386.2M | 506M | 508.1M | 500.4M | 525.4M | |
Accounts Payable | 347.7M | 378M | 532.8M | 529.9M | 563.5M | 591.7M | |
Short Term Debt | 65.4M | 153.1M | 9.7M | 4.7M | 148M | 155.4M | |
Property Plant And Equipment Gross | 505.2M | 519.2M | 1.2B | 528M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | (332.9M) | (329.2M) | (330.8M) | (345.2M) | (312.4M) | (296.8M) | |
Other Liab | 519.9M | 614.6M | 540.1M | 420.7M | 483.8M | 274.0M | |
Other Assets | 55.3M | 246M | 320.8M | 31.9M | 36.7M | 34.9M | |
Long Term Debt | 1.5B | 1.4B | 1.4B | 1.4B | 2.0B | 2.1B | |
Good Will | 1.8B | 1.9B | 1.9B | 2.0B | 2.5B | 2.7B | |
Property Plant Equipment | 505.2M | 519.2M | 459.5M | 528M | 607.2M | 419.5M | |
Current Deferred Revenue | 31M | 30.9M | 16.7M | 45.8M | 111.5M | 117.1M | |
Short Term Investments | 14.2M | 9.3M | 9.4M | 14.3M | 12.6M | 24.7M | |
Net Tangible Assets | (646.2M) | (663.9M) | (323M) | 390.4M | 351.4M | 229.1M | |
Noncontrolling Interest In Consolidated Entity | 13.4M | 15.4M | 10.9M | 9.7M | 11.2M | 11.3M | |
Retained Earnings Total Equity | 2.3B | 2.4B | 2.6B | 2.7B | 3.1B | 2.2B | |
Long Term Debt Total | 1.5B | 1.4B | 1.4B | 1.4B | 1.7B | 1.1B |
Hubbell Investors Sentiment
The influence of Hubbell's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hubbell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hubbell's public news can be used to forecast risks associated with an investment in Hubbell. The trend in average sentiment can be used to explain how an investor holding Hubbell can time the market purely based on public headlines and social activities around Hubbell. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hubbell's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hubbell's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hubbell's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hubbell.
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 Hubbell 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, Hubbell's short interest history, or implied volatility extrapolated from Hubbell 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 Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.Note that the Hubbell information on this page should be used as a complementary analysis to other Hubbell's 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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Is Hubbell'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 Hubbell. If investors know Hubbell 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 Hubbell 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 (0.19) | Dividend Share 4.68 | Earnings Share 13.4 | Revenue Per Share 102.314 | Quarterly Revenue Growth 0.088 |
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell'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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell'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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell'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.