Hirequest Net Working Capital from 2010 to 2024

HQI Stock  USD 15.27  0.28  1.87%   
Hirequest's Net Working Capital is increasing with slightly volatile movements from year to year. Net Working Capital is estimated to finish at about 21.1 M this year. For the period between 2010 and 2024, Hirequest, Net Working Capital quarterly trend regression had mean deviation of  4,111,689 and range of 16.2 M. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
15.7 M
Current Value
21.1 M
Quarterly Volatility
5.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hirequest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hirequest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1.5 M or Total Revenue of 59.1 M, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.0151 or PTB Ratio of 5.83. Hirequest financial statements analysis is a perfect complement when working with Hirequest Valuation or Volatility modules.
  
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Latest Hirequest's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Hirequest over the last few years. It is Hirequest's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hirequest's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Hirequest Net Working Capital Regression Statistics

Arithmetic Mean16,578,613
Geometric Mean15,956,173
Coefficient Of Variation31.68
Mean Deviation4,111,689
Median13,332,400
Standard Deviation5,251,542
Sample Variance27.6T
Range16.2M
R-Value0.55
Mean Square Error20.7T
R-Squared0.30
Significance0.03
Slope647,285
Total Sum of Squares386.1T

Hirequest Net Working Capital History

202421.1 M
202315.7 M
202215.2 M
202120.5 M
202029.5 M
201926 M
201814 M

About Hirequest Financial Statements

Investors use fundamental indicators, such as Hirequest's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Hirequest's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Working Capital15.7 M21.1 M

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.