Highwood Capital Lease Obligations vs Retained Earnings Analysis

HAM Stock   6.02  0.09  1.52%   
Highwood Asset financial indicator trend analysis is much more than just examining Highwood Asset Management latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highwood Asset Management is a good investment. Please check the relationship between Highwood Asset Capital Lease Obligations and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highwood Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Lease Obligations vs Retained Earnings

Capital Lease Obligations vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highwood Asset Management Capital Lease Obligations account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Highwood Asset's Capital Lease Obligations and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Highwood Asset Management, assuming nothing else is changed. The correlation between historical values of Highwood Asset's Capital Lease Obligations and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Highwood Asset Management are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Lease Obligations i.e., Highwood Asset's Capital Lease Obligations and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Lease Obligations

Highwood Asset Management capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Highwood Asset asset purchases. For example, Highwood Asset can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Highwood Asset control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Highwood Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highwood Asset Management 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highwood Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Highwood Asset's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 36.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.2M6.2M28.0M29.4M
Total Revenue11.1M8.1M45.8M48.1M

Highwood Asset fundamental ratios Correlations

-0.090.420.95-0.24-0.180.710.850.080.98-0.310.460.710.980.340.980.98-0.080.37-0.20.37-0.220.9-0.620.910.98
-0.090.41-0.18-0.39-0.43-0.2-0.380.11-0.26-0.36-0.040.17-0.250.36-0.02-0.17-0.190.740.270.34-0.36-0.030.49-0.38-0.14
0.420.410.130.15-0.090.070.090.820.28-0.370.790.170.22-0.080.590.250.60.8-0.640.270.260.14-0.050.230.24
0.95-0.180.13-0.37-0.220.760.88-0.190.97-0.260.240.750.980.460.860.99-0.330.190.050.36-0.380.95-0.640.890.99
-0.24-0.390.15-0.370.92-0.520.080.28-0.170.760.17-0.81-0.23-0.99-0.14-0.340.82-0.33-0.68-0.820.99-0.62-0.130.1-0.3
-0.18-0.43-0.09-0.220.92-0.490.260.0-0.090.910.0-0.79-0.11-0.91-0.14-0.240.57-0.44-0.41-0.960.85-0.51-0.180.2-0.18
0.71-0.20.070.76-0.52-0.490.51-0.020.72-0.550.260.790.730.590.630.77-0.30.130.070.59-0.490.82-0.750.560.69
0.85-0.380.090.880.080.260.51-0.20.90.210.250.340.910.00.780.86-0.050.0-0.14-0.110.040.68-0.720.970.89
0.080.110.82-0.190.280.0-0.02-0.2-0.02-0.350.85-0.09-0.09-0.220.27-0.060.740.53-0.680.130.4-0.160.04-0.06-0.12
0.98-0.260.280.97-0.17-0.090.720.9-0.02-0.210.370.661.00.270.940.98-0.080.19-0.210.29-0.160.88-0.70.950.98
-0.31-0.36-0.37-0.260.760.91-0.550.21-0.35-0.21-0.31-0.79-0.2-0.79-0.33-0.320.26-0.54-0.09-0.940.65-0.52-0.080.08-0.24
0.46-0.040.790.240.170.00.260.250.850.37-0.310.120.33-0.070.590.350.540.6-0.540.160.240.2-0.240.340.29
0.710.170.170.75-0.81-0.790.790.34-0.090.66-0.790.120.680.860.640.76-0.520.370.210.86-0.750.91-0.280.420.72
0.98-0.250.220.98-0.23-0.110.730.91-0.091.0-0.20.330.680.320.910.99-0.160.18-0.130.29-0.220.9-0.680.950.99
0.340.36-0.080.46-0.99-0.910.590.0-0.220.27-0.79-0.070.860.320.250.43-0.780.370.610.84-0.970.690.060.00.39
0.98-0.020.590.86-0.14-0.140.630.780.270.94-0.330.590.640.910.250.920.110.48-0.360.35-0.090.81-0.580.870.91
0.98-0.170.250.99-0.34-0.240.770.86-0.060.98-0.320.350.760.990.430.92-0.220.26-0.070.4-0.320.95-0.640.90.99
-0.08-0.190.6-0.330.820.57-0.3-0.050.74-0.080.260.54-0.52-0.16-0.780.11-0.220.06-0.92-0.40.9-0.46-0.140.07-0.23
0.370.740.80.19-0.33-0.440.130.00.530.19-0.540.60.370.180.370.480.260.06-0.050.48-0.260.290.160.040.25
-0.20.27-0.640.05-0.68-0.410.07-0.14-0.68-0.21-0.09-0.540.21-0.130.61-0.36-0.07-0.92-0.050.18-0.780.160.29-0.31-0.06
0.370.340.270.36-0.82-0.960.59-0.110.130.29-0.940.160.860.290.840.350.4-0.40.480.18-0.720.610.010.00.34
-0.22-0.360.26-0.380.990.85-0.490.040.4-0.160.650.24-0.75-0.22-0.97-0.09-0.320.9-0.26-0.78-0.72-0.6-0.130.09-0.3
0.9-0.030.140.95-0.62-0.510.820.68-0.160.88-0.520.20.910.90.690.810.95-0.460.290.160.61-0.6-0.50.720.93
-0.620.49-0.05-0.64-0.13-0.18-0.75-0.720.04-0.7-0.08-0.24-0.28-0.680.06-0.58-0.64-0.140.160.290.01-0.13-0.5-0.74-0.59
0.91-0.380.230.890.10.20.560.97-0.060.950.080.340.420.950.00.870.90.070.04-0.310.00.090.72-0.740.91
0.98-0.140.240.99-0.3-0.180.690.89-0.120.98-0.240.290.720.990.390.910.99-0.230.25-0.060.34-0.30.93-0.590.91
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Highwood Asset Account Relationship Matchups

Highwood Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets114.2M65.7M15.9M16.8M257.1M269.9M
Other Current Liab4.0M36.9M58K1.6M1.8M1.7M
Total Current Liabilities60.5M52.1M4.1M2.4M39.6M27.9M
Total Stockholder Equity18.0M9.8M8.0M10.7M104.2M109.4M
Net Debt37.1M1.3M1.2M84.9M97.7M102.5M
Retained Earnings596K(8.7M)(11.0M)(8.8M)37.3M39.2M
Accounts Payable29.9M19.3M8.1M2.8M2.5M2.4M
Non Current Assets Total98.7M14.8M13.3M14.0M227.6M239.0M
Net Receivables11.7M5.3M500K754K15.1M8.1M
Common Stock Shares Outstanding108.4K6.0M6.0M6.0M14.9M15.7M
Non Current Liabilities Total35.7M3.8M3.8M3.7M113.3M118.9M
Total Liab96.2M55.9M7.9M6.1M152.9M160.5M
Net Invested Capital55.1M16.8M9.2M10.7M191.4M201.0M
Short Long Term Debt37.1M7M1.2M4.2M3.8M3.6M
Total Current Assets15.5M50.9M2.6M2.8M29.5M16.3M
Net Working Capital(45.0M)(1.2M)(1.6M)411K(10.1M)(10.6M)
Non Current Liabilities Other1.1M3.3M3.7M666K220K209K

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