Hitek Total Debt To Capitalization from 2010 to 2024

HKIT Stock   1.28  0.01  0.78%   
Hitek Global Total Debt To Capitalization yearly trend continues to be comparatively stable with very little volatility. Total Debt To Capitalization is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hitek Global Total Debt To Capitalization quarterly data regression had r-value of (0.82) and coefficient of variation of  26.26. View All Fundamentals
 
Total Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.08423843
Current Value
0.17
Quarterly Volatility
0.04572786
 
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 Debt To Capitalization Growth Pattern

Below is the plot of the Total Debt To Capitalization of Hitek Global Ordinary over the last few years. It is Hitek Global's Total Debt To Capitalization 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 Debt To Capitalization10 Years Trend
Slightly volatile
   Total Debt To Capitalization   
       Timeline  

Hitek Total Debt To Capitalization Regression Statistics

Arithmetic Mean0.17
Geometric Mean0.17
Coefficient Of Variation26.26
Mean Deviation0.04
Median0.17
Standard Deviation0.05
Sample Variance0
Range0.1339
R-Value(0.82)
Mean Square Error0.0008
R-Squared0.67
Significance0.0002
Slope(0.01)
Total Sum of Squares0.03

Hitek Total Debt To Capitalization History

2024 0.17
2023 0.0842
2017 0.14

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Total Debt To Capitalization, 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 Debt To Capitalization 0.08  0.17 

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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.