688391 Short Long Term Debt vs Capital Stock Analysis

688391 Stock   31.25  1.97  5.93%   
Hi Trend financial indicator trend analysis is much more than just examining Hi Trend TechCo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hi Trend TechCo is a good investment. Please check the relationship between Hi Trend Short Long Term Debt and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hi Trend TechCo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Long Term Debt vs Capital Stock

Short Long Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hi Trend TechCo Short Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hi Trend's Short Long Term Debt and Capital Stock is 0.94. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Hi Trend TechCo, assuming nothing else is changed. The correlation between historical values of Hi Trend's Short Long Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Hi Trend TechCo are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Long Term Debt i.e., Hi Trend's Short Long Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Hi Trend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hi Trend TechCo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hi Trend TechCo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 15.9 M, whereas Tax Provision is projected to grow to (11.2 M).
 2021 2022 2023 2024 (projected)
Interest Income1.1M8.1M3.8M3.8M
Net Interest Income952.7K7.9M3.3M3.5M

Hi Trend fundamental ratios Correlations

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Hi Trend Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in 688391 Stock

Balance Sheet is a snapshot of the financial position of Hi Trend TechCo at a specified time, usually calculated after every quarter, six months, or one year. Hi Trend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hi Trend and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 688391 currently owns. An asset can also be divided into two categories, current and non-current.