Hitek Total Assets from 2010 to 2024

HKIT Stock

5.00 3.71 287.60%

Hitek Global Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 18.4 M in 2024. Total Assets is 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. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

36.2 M

Current Value

18.4 M

Quarterly Volatility

8.2 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 627.9 K or Depreciation And Amortization of 51.1 K, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0 or PTB Ratio of 0.47. 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Hitek Global Ordinary over the last few years. Total assets refers to the total amount of Hitek Global 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 Hitek Global Ordinary 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. It is 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. Hitek Global's Total Assets 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.

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Last Reported 36.23 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Hitek Total Assets Regression Statistics

	Arithmetic Mean	12,342,619
	Geometric Mean	10,624,510
	Coefficient Of Variation	66.39
	Mean Deviation	6,083,940
	Median	7,136,383
	Standard Deviation	8,194,569
	Sample Variance	67.2T
	Range	29.1M
	R-Value	0.77
	Mean Square Error	29.2T
	R-Squared	0.60
	Significance	0.0007
	Slope	1,414,591
	Total Sum of Squares	940.1T

Hitek Total Assets History

	2024	18.4 M
	2023	36.2 M
	2022	21.2 M
	2021	17.1 M
	2020	14.4 M
	2019	11.5 M
	2018	9.2 M

Other Fundumenentals of Hitek Global Ordinary

Intangibles To Total Assets

Hitek Global Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Capital Stock	Long Term Debt	Short Long Term Debt	Short Term Debt
Total Assets		0.87	0.91	-0.72	-0.65	0.92	0.59	0.94	0.86	0.94	0.87	0.98	0.82	0.84	-0.22	0.83	-0.3	-0.3	0.83
Total Stockholder Equity	0.87		0.77	-0.92	-0.85	0.81	0.46	0.83	0.99	0.78	1.0	0.85	0.99	0.86	-0.25	0.88	-0.74	-0.74	0.88
Net Tangible Assets	0.91	0.77		-0.55	-0.46	0.99	0.57	0.92	0.76	0.89	0.77	0.85	0.69	0.57	-0.1	0.57	-0.22	-0.22	0.57
Current Deferred Revenue	-0.72	-0.92	-0.55		0.97	-0.58	-0.16	-0.66	-0.9	-0.54	-0.91	-0.76	-0.95	-0.91	0.14	-0.92	0.75	0.75	-0.93
Net Debt	-0.65	-0.85	-0.46	0.97		-0.47	-0.14	-0.54	-0.85	-0.43	-0.83	-0.73	-0.91	-0.89	0.24	-0.9	0.7	0.7	-0.9
Retained Earnings	0.92	0.81	0.99	-0.58	-0.47		0.58	0.93	0.79	0.91	0.81	0.84	0.73	0.59	-0.11	0.59	-0.31	-0.31	0.59
Accounts Payable	0.59	0.46	0.57	-0.16	-0.14	0.58		0.52	0.53	0.76	0.49	0.57	0.44	0.33	-0.73	0.33	-0.16	-0.16	0.33
Net Receivables	0.94	0.83	0.92	-0.66	-0.54	0.93	0.52		0.78	0.92	0.84	0.89	0.77	0.72	-0.16	0.72	-0.32	-0.32	0.72
Short Term Investments	0.86	0.99	0.76	-0.9	-0.85	0.79	0.53	0.78		0.78	0.98	0.86	0.98	0.85	-0.33	0.86	-0.72	-0.72	0.86
Total Liab	0.94	0.78	0.89	-0.54	-0.43	0.91	0.76	0.92	0.78		0.81	0.87	0.71	0.68	-0.29	0.67	-0.28	-0.28	0.67
Net Invested Capital	0.87	1.0	0.77	-0.91	-0.83	0.81	0.49	0.84	0.98	0.81		0.85	0.98	0.86	-0.26	0.87	-0.73	-0.73	0.88
Total Current Assets	0.98	0.85	0.85	-0.76	-0.73	0.84	0.57	0.89	0.86	0.87	0.85		0.84	0.88	-0.33	0.87	-0.29	-0.29	0.87
Net Working Capital	0.82	0.99	0.69	-0.95	-0.91	0.73	0.44	0.77	0.98	0.71	0.98	0.84		0.88	-0.34	0.9	-0.76	-0.76	0.9
Common Stock	0.84	0.86	0.57	-0.91	-0.89	0.59	0.33	0.72	0.85	0.68	0.86	0.88	0.88		-0.26	1.0	-0.49	-0.49	1.0
Property Plant Equipment	-0.22	-0.25	-0.1	0.14	0.24	-0.11	-0.73	-0.16	-0.33	-0.29	-0.26	-0.33	-0.34	-0.26		-0.26	0.22	0.22	-0.26
Capital Stock	0.83	0.88	0.57	-0.92	-0.9	0.59	0.33	0.72	0.86	0.67	0.87	0.87	0.9	1.0	-0.26		-0.54	-0.54	1.0
Long Term Debt	-0.3	-0.74	-0.22	0.75	0.7	-0.31	-0.16	-0.32	-0.72	-0.28	-0.73	-0.29	-0.76	-0.49	0.22	-0.54		1.0	-0.54
Short Long Term Debt	-0.3	-0.74	-0.22	0.75	0.7	-0.31	-0.16	-0.32	-0.72	-0.28	-0.73	-0.29	-0.76	-0.49	0.22	-0.54	1.0		-0.54
Short Term Debt	0.83	0.88	0.57	-0.93	-0.9	0.59	0.33	0.72	0.86	0.67	0.88	0.87	0.9	1.0	-0.26	1.0	-0.54	-0.54

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About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Total Assets, 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 Reported	Projected for Next Year
Total Assets	36.2 M	18.4 M
Intangibles To Total Assets	(0.46)	(0.49)

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Additional Tools for Hitek Stock Analysis

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