Hitek Total Current Liabilities from 2010 to 2024

HKIT Stock   1.36  0.07  5.43%   
Hitek Global Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 2.9 M in 2024. Total Current Liabilities is the total amount of liabilities that Hitek Global Ordinary is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
3.4 M
Current Value
2.9 M
Quarterly Volatility
685.3 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 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 Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Hitek Global Ordinary over the last few years. Total Current Liabilities is an item on Hitek Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hitek Global Ordinary are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Hitek Global's Total Current Liabilities 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 Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Hitek Total Current Liabilities Regression Statistics

Arithmetic Mean2,346,793
Geometric Mean2,272,412
Coefficient Of Variation29.20
Mean Deviation524,450
Median1,955,935
Standard Deviation685,319
Sample Variance469.7B
Range2.3M
R-Value0.72
Mean Square Error240.3B
R-Squared0.52
Significance0
Slope111,028
Total Sum of Squares6.6T

Hitek Total Current Liabilities History

20242.9 M
20233.4 M
20224.2 M
20212.8 M
20202.4 M
2019M
20181.9 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Total Current Liabilities, 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 Liabilities3.4 M2.9 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.