Houston Non Current Liabilities Total vs Total Current Assets Analysis

HUSA Stock  USD 1.41  0.03  2.17%   
Houston American financial indicator trend analysis is much more than just examining Houston American Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Houston American Energy is a good investment. Please check the relationship between Houston American Non Current Liabilities Total and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houston American Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Houston American Energy Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Houston American's Non Current Liabilities Total and Total Current Assets is -0.31. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Houston American Energy, assuming nothing else is changed. The correlation between historical values of Houston American's Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Houston American Energy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Houston American's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Houston American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Houston American Energy 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 Houston American Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At present, Houston American's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 4.18, whereas Issuance Of Capital Stock is forecasted to decline to about 3.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.5M1.6M1.9M1.3M
Cost Of Revenue871.8K836.5K641.5K1.0M

Houston American fundamental ratios Correlations

-0.420.250.220.970.89-0.820.520.820.920.890.850.71-0.160.220.910.040.00.070.010.8-0.240.120.88-0.330.92
-0.420.290.32-0.53-0.310.470.1-0.5-0.53-0.41-0.490.07-0.70.3-0.270.820.76-0.220.8-0.160.29-0.77-0.410.12-0.49
0.250.290.990.020.02-0.20.050.18-0.06-0.080.170.84-0.250.990.530.230.270.240.280.270.11-0.23-0.08-0.15-0.03
0.220.320.99-0.02-0.01-0.140.090.13-0.08-0.10.120.82-0.271.00.480.260.260.280.270.250.04-0.25-0.1-0.06-0.06
0.97-0.530.02-0.020.89-0.810.50.820.960.920.840.53-0.07-0.020.82-0.04-0.080.02-0.070.75-0.260.210.92-0.330.95
0.89-0.310.02-0.010.89-0.550.530.540.950.920.590.51-0.3-0.010.650.160.150.070.170.69-0.17-0.070.92-0.320.95
-0.820.47-0.2-0.14-0.81-0.55-0.28-0.99-0.63-0.6-0.99-0.57-0.1-0.14-0.890.20.160.160.17-0.610.1-0.34-0.590.4-0.61
0.520.10.050.090.50.53-0.280.310.480.690.350.41-0.710.070.460.62-0.02-0.40.080.55-0.64-0.340.70.430.49
0.82-0.50.180.130.820.54-0.990.310.630.611.00.550.120.130.88-0.21-0.21-0.13-0.210.61-0.180.370.6-0.330.62
0.92-0.53-0.06-0.080.960.95-0.630.480.630.950.670.44-0.08-0.080.67-0.03-0.040.15-0.030.67-0.250.170.94-0.31.0
0.89-0.41-0.08-0.10.920.92-0.60.690.610.950.650.45-0.28-0.110.660.16-0.06-0.07-0.020.68-0.360.021.0-0.160.94
0.85-0.490.170.120.840.59-0.990.351.00.670.650.570.080.120.89-0.18-0.19-0.14-0.190.63-0.190.350.65-0.320.65
0.710.070.840.820.530.51-0.570.410.550.440.450.57-0.390.810.860.310.260.120.280.62-0.06-0.220.45-0.260.46
-0.16-0.7-0.25-0.27-0.07-0.3-0.1-0.710.12-0.08-0.280.08-0.39-0.25-0.18-0.95-0.570.4-0.66-0.360.130.87-0.29-0.18-0.1
0.220.30.991.0-0.02-0.01-0.140.070.13-0.08-0.110.120.81-0.250.480.240.250.30.260.250.03-0.23-0.11-0.06-0.06
0.91-0.270.530.480.820.65-0.890.460.880.670.660.890.86-0.180.480.070.02-0.010.030.78-0.20.090.65-0.310.67
0.040.820.230.26-0.040.160.20.62-0.21-0.030.16-0.180.31-0.950.240.070.69-0.310.770.22-0.04-0.810.170.190.01
0.00.760.270.26-0.080.150.16-0.02-0.21-0.04-0.06-0.190.26-0.570.250.020.690.060.990.10.56-0.66-0.06-0.440.0
0.07-0.220.240.280.020.070.16-0.4-0.130.15-0.07-0.140.120.40.3-0.01-0.310.060.0-0.090.030.23-0.07-0.170.16
0.010.80.280.27-0.070.170.170.08-0.21-0.03-0.02-0.190.28-0.660.260.030.770.990.00.130.49-0.72-0.02-0.360.01
0.8-0.160.270.250.750.69-0.610.550.610.670.680.630.62-0.360.250.780.220.1-0.090.13-0.39-0.090.68-0.110.68
-0.240.290.110.04-0.26-0.170.1-0.64-0.18-0.25-0.36-0.19-0.060.130.03-0.2-0.040.560.030.49-0.39-0.14-0.37-0.77-0.24
0.12-0.77-0.23-0.250.21-0.07-0.34-0.340.370.170.020.35-0.220.87-0.230.09-0.81-0.660.23-0.72-0.09-0.140.010.00.13
0.88-0.41-0.08-0.10.920.92-0.590.70.60.941.00.650.45-0.29-0.110.650.17-0.06-0.07-0.020.68-0.370.01-0.150.94
-0.330.12-0.15-0.06-0.33-0.320.40.43-0.33-0.3-0.16-0.32-0.26-0.18-0.06-0.310.19-0.44-0.17-0.36-0.11-0.770.0-0.15-0.3
0.92-0.49-0.03-0.060.950.95-0.610.490.621.00.940.650.46-0.1-0.060.670.010.00.160.010.68-0.240.130.94-0.3
Click cells to compare fundamentals

Houston American Account Relationship Matchups

Houston American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1M6.8M10.7M11.7M10.4M11.6M
Other Current Liab447.0939.015.2K16.0K17.1K16.2K
Total Current Liabilities966.0K231.7K142.0K195.2K248.9K236.5K
Total Stockholder Equity5.8M6.4M10.3M11.3M10.0M14.2M
Property Plant And Equipment Net6.7M5.2M5.1M4.8M1.7M1.6M
Net Debt817.0K(1.0M)(4.6M)(4.3M)(3.9M)(4.1M)
Retained Earnings(68.0M)(72.0M)(73.0M)(73.8M)(77.0M)(73.1M)
Cash97.9K1.2M4.9M4.5M4.1M4.8M
Non Current Assets Total6.9M5.5M5.5M6.9M6.2M7.6M
Cash And Short Term Investments97.9K1.2M4.9M4.5M4.1M4.3M
Net Receivables80.2K95.8K214.7K164.6K71.7K68.1K
Common Stock Shares Outstanding5.3M6.9M9.7M10.0M10.8M11.3M
Liabilities And Stockholders Equity7.1M6.8M10.7M11.7M10.4M11.6M
Total Liab1.2M403.4K421.9K414.3K383.1K363.9K
Total Current Assets217.6K1.4M5.2M4.8M4.2M6.1M
Common Stock65.9K7.0K9.9K10.3K10.9K10.4K
Accounts Payable270.1K120.1K69.6K113.7K156.6K163.5K
Common Stock Total Equity59.3K62.4K65.9K6.988.037.63
Other Current Assets39.5K35.8K85.4K84.5K35.2K33.5K
Other Stockholder Equity73.8M78.5M83.3M85.1M87.0M71.8M
Property Plant And Equipment Gross6.7M5.0K65.5M65.4M63.0M66.2M
Non Current Liabilities Total263.6K171.8K280.0K219.1K134.2K201.4K
Property Plant Equipment6.9M6.4M5.0M5.1M5.8M7.1M
Other Liab82.7K44.2K63.9K68.2K61.4K68.6K
Net Tangible Assets7.7M5.8M6.4M10.3M9.3M9.5M
Retained Earnings Total Equity(65.2M)(65.5M)(68.0M)(72.0M)(64.8M)(68.1M)
Capital Surpluse72.5M73.1M73.8M78.5M90.2M73.5M
Accumulated Depreciation(55.7M)(56.1M)(57.3M)(60.2M)(54.1M)(56.8M)
Net Invested Capital6.4M6.4M10.3M11.3M10.0M9.4M
Net Working Capital(748.4K)1.1M5.1M4.6M3.9M2.4M
Capital Stock65.9K7.0K9.9K10.3K10.9K10.4K

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When determining whether Houston American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Houston American'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 Houston American Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Houston American Energy Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houston American Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Houston American'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 Houston American. If investors know Houston 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 Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
Revenue Per Share
0.066
Quarterly Revenue Growth
(0.36)
Return On Assets
(0.1)
Return On Equity
(0.30)
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American'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 Houston American's market value can be influenced by many factors that don't directly affect Houston American'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 Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American'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.