Hitek Total Operating Expenses from 2010 to 2024

HKIT Stock   1.39  0.03  2.21%   
Hitek Global Total Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Total Operating Expenses will likely drop to about 1.6 M in 2024. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2010-12-31
Previous Quarter
1.8 M
Current Value
1.6 M
Quarterly Volatility
337.1 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 Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Hitek Global Ordinary over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Hitek Global's Total Operating Expenses 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 Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Hitek Total Operating Expenses Regression Statistics

Arithmetic Mean1,289,177
Geometric Mean1,252,052
Coefficient Of Variation26.15
Mean Deviation294,059
Median1,044,877
Standard Deviation337,062
Sample Variance113.6B
Range861.9K
R-Value0.84
Mean Square Error36.7B
R-Squared0.70
Significance0.0001
Slope63,079
Total Sum of Squares1.6T

Hitek Total Operating Expenses History

20241.6 M
20231.8 M
20221.9 M
20211.8 M
20201.3 M
20191.5 M
2018M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Total Operating Expenses, 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 Operating Expenses1.8 M1.6 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.