Hitek Net Receivables from 2010 to 2025

HKIT Stock   5.00  3.67  275.94%   
Hitek Global Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables will likely drop to about 4 M in 2025. From the period from 2010 to 2025, Hitek Global Net Receivables quarterly data regression had r-value of  0.81 and coefficient of variation of  51.91. View All Fundamentals
 
Net Receivables  
First Reported
2018-12-31
Previous Quarter
1.9 M
Current Value
10.7 M
Quarterly Volatility
2.1 M
 
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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Hitek Global Ordinary over the last few years. It is Hitek Global's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Hitek Net Receivables Regression Statistics

Arithmetic Mean3,140,281
Geometric Mean2,820,930
Coefficient Of Variation51.91
Mean Deviation1,325,834
Median1,977,584
Standard Deviation1,630,212
Sample Variance2.7T
Range5.1M
R-Value0.81
Mean Square Error995.7B
R-Squared0.65
Significance0.0002
Slope276,133
Total Sum of Squares39.9T

Hitek Net Receivables History

2025M
2024M
20236.1 M
20224.8 M
20213.1 M
20203.9 M
20193.8 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Net Receivables, 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
Net ReceivablesMM

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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.