Hitek Total Current Assets from 2010 to 2024

HKIT Stock   5.00  3.71  287.60%   
Hitek Global Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 12.8 M in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
24.8 M
Current Value
12.8 M
Quarterly Volatility
4.9 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 Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Hitek Global Ordinary over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Hitek Global's Total Current 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Hitek Total Current Assets Regression Statistics

Arithmetic Mean9,482,072
Geometric Mean8,701,774
Coefficient Of Variation51.66
Mean Deviation3,465,798
Median6,883,476
Standard Deviation4,898,313
Sample Variance24T
Range19M
R-Value0.69
Mean Square Error13.5T
R-Squared0.48
Significance0
Slope756,691
Total Sum of Squares335.9T

Hitek Total Current Assets History

202412.8 M
202324.8 M
202212.1 M
202113 M
202010.8 M
2019M
20185.7 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Total Current 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 ReportedProjected for Next Year
Total Current Assets24.8 M12.8 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.