Hudson Other Current Liab vs Retained Earnings Analysis
HDSN Stock | USD 6.03 0.12 2.03% |
Hudson Technologies financial indicator trend analysis is much more than just examining Hudson Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudson Technologies is a good investment. Please check the relationship between Hudson Technologies Other Current Liab and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.
Other Current Liab vs Retained Earnings
Other Current Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudson Technologies Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hudson Technologies' Other Current Liab and Retained Earnings is 0.46. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hudson Technologies, assuming nothing else is changed. The correlation between historical values of Hudson Technologies' Other Current Liab 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 Other Current Liab of Hudson Technologies 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 Other Current Liab i.e., Hudson Technologies' Other Current Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
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 Hudson Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudson Technologies 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 Hudson Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.At this time, Hudson Technologies' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 17.9 M, while Issuance Of Capital Stock is likely to drop about 37 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.4M | 14.3M | 8.4M | 8.8M | Depreciation And Amortization | 6.2M | 6.0M | 5.8M | 6.1M |
Hudson Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Hudson Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hudson Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 180.2M | 161.6M | 215.7M | 272.5M | 296.7M | 311.5M | |
Short Long Term Debt Total | 104.7M | 93.9M | 100.3M | 50.7M | 6.7M | 6.3M | |
Other Current Liab | 18.8M | 18.1M | 33.2M | 32.5M | 33.3M | 34.9M | |
Total Current Liabilities | 46.1M | 37.8M | 64.4M | 52.6M | 58.6M | 61.5M | |
Total Stockholder Equity | 45.1M | 40.6M | 70.9M | 174.9M | 228.8M | 240.2M | |
Property Plant And Equipment Net | 31.7M | 28.5M | 26.9M | 27.9M | 26.0M | 27.3M | |
Net Debt | 102.1M | 92.6M | 96.8M | 45.4M | (5.8M) | (5.5M) | |
Retained Earnings | (72.9M) | (78.1M) | (45.8M) | 58.0M | 110.2M | 115.7M | |
Accounts Payable | 10.3M | 7.6M | 9.6M | 14.2M | 23.4M | 22.2M | |
Cash | 2.6M | 1.3M | 3.5M | 5.3M | 12.4M | 13.1M | |
Non Current Assets Total | 105.7M | 99.5M | 95.8M | 95.7M | 91.7M | 96.3M | |
Non Currrent Assets Other | 192K | 85K | 710K | 2.4M | 3.1M | 3.3M | |
Cash And Short Term Investments | 2.6M | 1.3M | 3.5M | 5.3M | 12.4M | 13.1M | |
Net Receivables | 8.1M | 9.8M | 14.2M | 20.9M | 30.6M | 32.1M | |
Common Stock Shares Outstanding | 42.6M | 42.7M | 46.6M | 47.1M | 47.3M | 25.4M | |
Liabilities And Stockholders Equity | 180.2M | 161.6M | 215.7M | 272.5M | 296.7M | 311.5M | |
Non Current Liabilities Total | 88.9M | 83.3M | 80.3M | 45.0M | 9.3M | 8.9M | |
Inventory | 59.2M | 44.5M | 94.1M | 145.4M | 154.5M | 162.2M | |
Other Current Assets | 4.5M | 13.1M | 16.2M | 5.3M | 7.5M | 7.9M | |
Other Stockholder Equity | 117.6M | 118.3M | 116.3M | 116.4M | 118.1M | 60.6M | |
Total Liab | 135.0M | 121.0M | 144.8M | 97.6M | 67.9M | 43.7M | |
Property Plant And Equipment Gross | 31.7M | 28.5M | 26.9M | 27.9M | 65.7M | 69.0M | |
Total Current Assets | 74.4M | 62.1M | 119.9M | 176.8M | 205.0M | 215.2M | |
Accumulated Other Comprehensive Income | (8M) | (36M) | 363M | 54M | (361M) | 0.0 | |
Short Term Debt | 17.0M | 12.0M | 21.6M | 5.9M | 1.9M | 1.8M | |
Intangible Assets | 26.0M | 23.2M | 20.4M | 17.6M | 14.8M | 9.4M | |
Other Liab | 1.2M | 1.4M | 1.7M | 244K | 280.6K | 266.6K | |
Other Assets | 192K | 6.6M | 710K | 2.4M | 2.7M | 2.4M | |
Long Term Debt | 82.0M | 78.0M | 73.1M | 39.0M | 44.8M | 24.6M | |
Property Plant Equipment | 23.7M | 21.9M | 26.9M | 20.6M | 23.7M | 24.8M | |
Net Tangible Assets | (28.7M) | (30.3M) | 2.8M | 109.5M | 98.6M | 103.5M | |
Retained Earnings Total Equity | (72.9M) | (78.1M) | (45.8M) | 58.0M | 52.2M | 54.8M | |
Long Term Debt Total | 101.2M | 98.3M | 82.0M | 78.0M | 89.7M | 94.2M | |
Capital Surpluse | 117.6M | 118.3M | 116.3M | 116.4M | 133.9M | 97.9M |
Pair Trading with Hudson Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hudson Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hudson Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Hudson Stock
0.88 | VRSK | Verisk Analytics | PairCorr |
0.86 | G | Genpact Limited | PairCorr |
0.86 | LZ | LegalZoom | PairCorr |
0.84 | WM | Waste Management | PairCorr |
0.84 | DRVN | Driven Brands Holdings | PairCorr |
The ability to find closely correlated positions to Hudson Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hudson Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hudson Technologies to buy it.
The correlation of Hudson Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hudson Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hudson Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Environmental & Facilities 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 Hudson Technologies. If investors know Hudson 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 Hudson Technologies 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 (0.41) | Earnings Share 0.65 | Revenue Per Share 5.437 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0776 |
The market value of Hudson Technologies is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Technologies' value that differs from its market value or its book value, called intrinsic value, which is Hudson Technologies' 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 Hudson Technologies' market value can be influenced by many factors that don't directly affect Hudson Technologies' 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 Hudson Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Technologies' 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.