Hudbay Accounts Payable vs Total Current Assets Analysis
HBM Stock | USD 9.04 0.08 0.88% |
Hudbay Minerals financial indicator trend analysis is much more than just examining Hudbay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudbay Minerals is a good investment. Please check the relationship between Hudbay Minerals Accounts Payable and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudbay Minerals Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hudbay Minerals' Accounts Payable and Total Current Assets is 0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Hudbay Minerals, assuming nothing else is changed. The correlation between historical values of Hudbay Minerals' Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Hudbay Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Hudbay Minerals' Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Hudbay Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hudbay Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Hudbay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudbay Minerals 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 Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.At this time, Hudbay Minerals' Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 15.1 M, while Enterprise Value Over EBITDA is likely to drop 4.14.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 95.7M | 93.0M | 487.1M | 511.4M | EBITDA | 242.4M | 498.4M | 653.1M | 685.7M |
Hudbay Minerals fundamental ratios Correlations
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Hudbay Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hudbay Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5B | 4.7B | 4.6B | 4.3B | 5.3B | 2.7B | |
Other Current Liab | 202.3M | 203.6M | 376.2M | 343.6M | 382.4M | 401.6M | |
Total Current Liabilities | 391.8M | 448.8M | 509.2M | 447.6M | 537.3M | 564.2M | |
Total Stockholder Equity | 1.8B | 1.7B | 1.5B | 1.6B | 2.1B | 1.3B | |
Property Plant And Equipment Net | 3.7B | 3.7B | 3.7B | 3.6B | 4.3B | 4.5B | |
Net Debt | 671.1M | 760.1M | 987.3M | 1.0B | 1.1B | 1.2B | |
Retained Earnings | 95.0M | (53.3M) | (301.8M) | (235.5M) | (172.7M) | (164.1M) | |
Accounts Payable | 68.7M | 104.6M | 84.3M | 83.8M | 69.3M | 73.3M | |
Cash | 396.1M | 439.1M | 271.0M | 225.7M | 250.5M | 345.4M | |
Non Current Assets Total | 3.8B | 3.9B | 4.0B | 3.8B | 4.6B | 4.8B | |
Non Currrent Assets Other | 44.1M | 56.3M | 67.9M | 109.1M | 235.4M | 247.1M | |
Other Assets | 119.1M | 158.2M | 201.5M | 234.8M | 270.0M | 283.5M | |
Cash And Short Term Investments | 396.1M | 439.1M | 271.0M | 225.7M | 251.2M | 345.4M | |
Net Receivables | 113.3M | 153.6M | 166.5M | 122.3M | 169.8M | 97.8M | |
Liabilities And Stockholders Equity | 4.5B | 4.7B | 4.6B | 4.3B | 5.3B | 2.7B | |
Non Current Liabilities Total | 2.2B | 2.5B | 2.6B | 2.3B | 2.6B | 1.4B | |
Other Stockholder Equity | (52.2M) | 2.5B | (182K) | 26.5M | 30.5M | 29.0M | |
Total Liab | 2.6B | 3.0B | 3.1B | 2.8B | 3.1B | 3.2B | |
Total Current Assets | 663.0M | 755.7M | 656.7M | 524.2M | 669.8M | 601.0M | |
Other Liab | 1.2B | 1.4B | 1.4B | 1.1B | 1.2B | 632.3M | |
Net Tangible Assets | 1.8B | 1.7B | 1.5B | 1.6B | 1.8B | 1.9B | |
Long Term Debt | 985.3M | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B | |
Good Will | 5.6M | 4.2M | 5.0M | 5.4M | 75.3M | 79.0M | |
Inventory | 138.8M | 143.1M | 158.5M | 155.0M | 207.3M | 111.5M | |
Other Current Assets | 12.7M | 19.8M | 60.8M | 59.4M | 45.6M | 53.5M | |
Long Term Investments | 11.3M | 15.7M | 11.2M | 9.8M | 7.1M | 8.0M | |
Accumulated Other Comprehensive Income | (24.3M) | (24.2M) | (182K) | 26.5M | 30.0M | 31.5M | |
Short Term Debt | 32.8M | 33.5M | 33.5M | 16.2M | 32.2M | 30.3M | |
Intangible Assets | 5.0M | 5.4M | 5.9M | 4.8M | 4.0M | 4.9M | |
Property Plant Equipment | 3.7B | 3.7B | 3.7B | 3.6B | 4.1B | 2.1B | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.3B | 1.2B | 1.4B | 701.5M | |
Property Plant And Equipment Gross | 3.7B | 3.7B | 6.6B | 5.3B | 6.9B | 7.2B | |
Current Deferred Revenue | 87.9M | 104.4M | 96.9M | 79.7M | 87.8M | 66.0M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified Metals & Mining 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 Hudbay Minerals. If investors know Hudbay 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 Hudbay Minerals 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 2.185 | Earnings Share 0.24 | Revenue Per Share 5.694 | Quarterly Revenue Growth 0.363 | Return On Assets 0.0478 |
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' 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 Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' 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 Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudbay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' 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.