Hitek Long Term Debt from 2010 to 2025

HKIT Stock   1.41  0.02  1.40%   
Hitek Global Long Term Debt yearly trend continues to be comparatively stable with very little volatility. Long Term Debt will likely drop to about 1.7 M in 2025. Long Term Debt is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. View All Fundamentals
 
Long Term Debt  
First Reported
2010-12-31
Previous Quarter
1.9 M
Current Value
1.7 M
Quarterly Volatility
128.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hitek Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hitek Global's main balance sheet or income statement drivers, such as Tax Provision of 490.7 K, Net Interest Income of 722.1 K or Depreciation And Amortization of 46 K, as well as many indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.0 or PTB Ratio of 0.54. Hitek financial statements analysis is a perfect complement when working with Hitek Global Valuation or Volatility modules.
  
Check out the analysis of Hitek Global Correlation against competitors.

Latest Hitek Global's Long Term Debt Growth Pattern

Below is the plot of the Long Term Debt of Hitek Global Ordinary over the last few years. Long-term debt is a debt that Hitek Global Ordinary has held for over one year. Long-term debt appears on Hitek Global Ordinary balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hitek Global Ordinary balance sheet is the sum of the balances of all categories of long-term debt. It is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. Hitek Global's Long Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hitek Global's overall financial position and show how it may be relating to other accounts over time.
Long Term Debt10 Years Trend
Slightly volatile
   Long Term Debt   
       Timeline  

Hitek Long Term Debt Regression Statistics

Arithmetic Mean2,122,076
Geometric Mean2,118,038
Coefficient Of Variation6.04
Mean Deviation79,583
Median2,171,050
Standard Deviation128,131
Sample Variance16.4B
Range457.2K
R-Value(0.60)
Mean Square Error11.3B
R-Squared0.36
Significance0.01
Slope(16,156)
Total Sum of Squares246.3B

Hitek Long Term Debt History

20251.7 M
20241.9 M
20232.1 M

Other Fundumenentals of Hitek Global Ordinary

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Long Term Debt, to determine how well the company is positioned to perform in the future. Although Hitek Global investors may analyze each financial statement separately, they are all interrelated. The changes in Hitek Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hitek Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Short and Long Term Debt Total2.3 M2.1 M
Long Term Debt1.9 M1.7 M
Short and Long Term Debt443.8 K399.9 K
Long Term Debt To Capitalization 0.08  0.11 

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Additional Tools for Hitek Stock Analysis

When running Hitek Global's price analysis, check to measure Hitek Global's 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 Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.