HUTCHMED Accounts Payable vs Intangible Assets Analysis
HCM Stock | USD 17.34 0.34 1.92% |
HUTCHMED DRC financial indicator trend analysis is much more than just examining HUTCHMED DRC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HUTCHMED DRC is a good investment. Please check the relationship between HUTCHMED DRC Accounts Payable and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.
Accounts Payable vs Intangible Assets
Accounts Payable vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUTCHMED DRC Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HUTCHMED DRC's Accounts Payable and Intangible Assets is -0.3. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of HUTCHMED DRC, assuming nothing else is changed. The correlation between historical values of HUTCHMED DRC's Accounts Payable and Intangible 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 HUTCHMED DRC are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., HUTCHMED DRC's Accounts Payable and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents HUTCHMED DRC 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 HUTCHMED DRC 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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from HUTCHMED DRC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HUTCHMED DRC 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 HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.At this time, HUTCHMED DRC's Discontinued Operations is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 4.5 M, while Issuance Of Capital Stock is likely to drop about 4.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 592K | 652K | 759K | 879.4K | Depreciation And Amortization | 7.2M | 8.7M | 8.2M | 4.9M |
HUTCHMED DRC fundamental ratios Correlations
Click cells to compare fundamentals
HUTCHMED DRC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HUTCHMED DRC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 465.1M | 724.1M | 1.4B | 1.0B | 1.3B | 1.3B | |
Short Long Term Debt Total | 33.1M | 35.7M | 34.1M | 23.3M | 86.1M | 90.4M | |
Other Current Liab | 445K | 122.9M | 228.0M | 278.0M | 271.4M | 285.0M | |
Total Current Liabilities | 113.1M | 158.4M | 311.7M | 353.9M | 403.0M | 423.2M | |
Total Stockholder Equity | 288.0M | 484.1M | 986.9M | 610.4M | 730.5M | 767.1M | |
Property Plant And Equipment Net | 27.5M | 45.3M | 66.3M | 84.7M | 104.4M | 109.6M | |
Current Deferred Revenue | 85.5M | 123.6M | 226.4M | 13.3M | 57.6M | 31.5M | |
Net Debt | (88.1M) | (199.9M) | (343.5M) | (290.0M) | (197.5M) | (187.6M) | |
Retained Earnings | (289.7M) | (415.6M) | (610.3M) | (971.5M) | (870.9M) | (827.3M) | |
Accounts Payable | 24.0M | 31.6M | 41.2M | 71.1M | 36.3M | 24.7M | |
Cash | 121.2M | 235.6M | 377.5M | 313.3M | 283.6M | 297.8M | |
Non Current Assets Total | 148.1M | 193.4M | 160.6M | 189.6M | 182.9M | 122.5M | |
Non Currrent Assets Other | 113.5M | 203.1M | 639.0M | 327.1M | 11.6M | 11.0M | |
Cash And Short Term Investments | 217.2M | 435.2M | 1.0B | 631.0M | 886.3M | 930.7M | |
Common Stock Shares Outstanding | 665.7M | 697.9M | 792.7M | 847.1M | 173.8M | 165.1M | |
Liabilities And Stockholders Equity | 465.1M | 724.1M | 1.4B | 1.0B | 1.3B | 1.3B | |
Inventory | 16.2M | 19.8M | 35.8M | 56.7M | 50.3M | 52.8M | |
Other Current Assets | 42.2M | 75.8M | 16.9M | 25.5M | 9.8M | 9.3M | |
Other Stockholder Equity | 511.1M | 822.5M | 1.5B | 1.5B | 1.5B | 1.6B | |
Total Liab | 152.2M | 205.2M | 333.1M | 392.6M | 536.4M | 563.2M | |
Property Plant And Equipment Gross | 60.3M | 45.3M | 99.2M | 121.5M | 151.0M | 158.5M | |
Total Current Assets | 317.0M | 530.7M | 1.2B | 839.9M | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (3.8M) | 4.5M | 5.6M | (1.9M) | (8.2M) | (8.6M) | |
Short Term Debt | 3.2M | 2.8M | 26.9M | 3.7M | 35.1M | 18.8M | |
Intangible Assets | 275K | 227K | 163K | 3.2M | 21K | 20.0K | |
Short Term Investments | 96.0M | 199.5M | 634.2M | 317.7M | 602.7M | 632.9M | |
Common Stock | 66.7M | 72.8M | 86.5M | 86.5M | 87.1M | 68.2M | |
Net Receivables | 41.4M | 47.9M | 147.7M | 126.7M | 150.5M | 158.0M | |
Non Current Liabilities Total | 39.1M | 46.8M | 21.5M | 38.7M | 133.4M | 140.0M | |
Good Will | 3.2M | 3.1M | 3.3M | 3.4M | 3.1M | 2.6M | |
Other Liab | 8.7M | 13.3M | 14.3M | 15.4M | 17.7M | 10.1M | |
Net Tangible Assets | 284.6M | 480.6M | 983.4M | 610.4M | 701.9M | 394.5M | |
Other Assets | 24.2M | 18.2M | 27.4M | 31.1M | 1.0 | 0.95 | |
Property Plant Equipment | 26.4M | 32.2M | 53.2M | 84.7M | 97.4M | 102.2M | |
Long Term Debt | 26.7M | 26.8M | 26.9M | 18.1M | 48.2M | 25.3M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Pharmaceuticals 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 HUTCHMED DRC. If investors know HUTCHMED 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 HUTCHMED DRC 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 (0.84) | Earnings Share (0.25) | Revenue Per Share 3.575 | Quarterly Revenue Growth (0.43) | Return On Assets (0.06) |
The market value of HUTCHMED DRC is measured differently than its book value, which is the value of HUTCHMED that is recorded on the company's balance sheet. Investors also form their own opinion of HUTCHMED DRC's value that differs from its market value or its book value, called intrinsic value, which is HUTCHMED DRC'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 HUTCHMED DRC's market value can be influenced by many factors that don't directly affect HUTCHMED DRC'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 HUTCHMED DRC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUTCHMED DRC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUTCHMED DRC'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.