Highway Historical Balance Sheet
HIHO Stock | USD 2.05 0.01 0.49% |
Trend analysis of Highway Holdings Limited balance sheet accounts such as Other Current Liabilities of 320.1 K or Total Current Liabilities of 5.6 M provides information on Highway Holdings' total assets, liabilities, and equity, which is the actual value of Highway Holdings to its prevalent stockholders. By breaking down trends over time using Highway Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Highway Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Highway Holdings is a good buy for the upcoming year.
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About Highway Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Highway Holdings at a specified time, usually calculated after every quarter, six months, or one year. Highway Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Highway Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Highway currently owns. An asset can also be divided into two categories, current and non-current.
Highway Holdings Balance Sheet Chart
Highway Holdings Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Highway Holdings uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Highway Holdings' Non Current Liabilities Total is very stable compared to the past year. As of the 28th of March 2024, Total Current Assets is likely to grow to about 15.2 M, while Short and Long Term Debt Total is likely to drop about 1.5 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Highway Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Highway Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Highway Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Highway Holdings Limited 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 accounts from Highway Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Non Current Liabilities Total is very stable compared to the past year. As of the 28th of March 2024, Total Current Assets is likely to grow to about 15.2 M, while Short and Long Term Debt Total is likely to drop about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.2M | 2.1M | 1.8M | 1.5M | Total Assets | 14.9M | 13.9M | 12.5M | 13.8M |
Highway Holdings balance sheet Correlations
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Highway Holdings Account Relationship Matchups
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Highway Holdings balance sheet 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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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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.