Hitek Cash And Short Term Investments from 2010 to 2025

HKIT Stock   5.00  3.67  275.94%   
Hitek Global Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2025. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
20.9 M
Current Value
21.9 M
Quarterly Volatility
M
 
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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Hitek Global Ordinary over the last few years. Short Term Investments is an account in the current assets section of Hitek Global Ordinary balance sheet. This account contains Hitek Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hitek Global Ordinary fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Hitek Global's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Hitek Cash And Short Term Investments Regression Statistics

Arithmetic Mean6,568,228
Geometric Mean4,501,933
Coefficient Of Variation106.32
Mean Deviation5,243,827
Median2,742,827
Standard Deviation6,983,439
Sample Variance48.8T
Range19.3M
R-Value0.77
Mean Square Error21.5T
R-Squared0.59
Significance0.0005
Slope1,126,130
Total Sum of Squares731.5T

Hitek Cash And Short Term Investments History

202521.9 M
202420.9 M
202318.1 M
20225.5 M
20217.3 M
20204.7 M
20192.7 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments20.9 M21.9 M

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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.