Hexa Common Stock Shares Outstanding vs Accounts Payable Analysis
HEXATRADEX | 271.25 0.60 0.22% |
Hexa Tradex financial indicator trend analysis is much more than just examining Hexa Tradex Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hexa Tradex Limited is a good investment. Please check the relationship between Hexa Tradex Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexa Tradex Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hexa Tradex Limited Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Hexa Tradex's Common Stock Shares Outstanding and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hexa Tradex Limited, assuming nothing else is changed. The correlation between historical values of Hexa Tradex's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Hexa Tradex Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Hexa Tradex's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Accounts Payable
An accounting item on the balance sheet that represents Hexa Tradex 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 Hexa Tradex Limited 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.Most indicators from Hexa Tradex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hexa Tradex Limited 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 Hexa Tradex Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. The current year's Selling General Administrative is expected to grow to about 8.4 M. The current year's Tax Provision is expected to grow to about 265.1 M
Hexa Tradex fundamental ratios Correlations
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Hexa Tradex Account Relationship Matchups
High Positive Relationship
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Hexa Tradex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 15.0B | 34.3B | 33.6B | 47.5B | 49.8B | |
Short Long Term Debt Total | 13.7M | 405.7M | 5.0B | 5.9B | 455.2M | 432.5M | |
Other Current Liab | 65.3M | 62.4M | 94.8M | 102.2M | 80.7M | 54.8M | |
Total Current Liabilities | 65.3M | 62.4M | 474.3M | 1.0B | 80.7M | 76.7M | |
Total Stockholder Equity | 2.4B | 12.2B | 23.5B | 22.5B | 38.3B | 40.2B | |
Property Plant And Equipment Net | 28K | 115K | 37K | 12K | 3K | 2.9K | |
Net Debt | 13.3M | 34.4M | 5.0B | 5.9B | 455.0M | 432.2M | |
Retained Earnings | (421.2M) | (326.0M) | (576.5M) | (832.6M) | (33.0M) | (34.7M) | |
Cash | 392K | 1.0M | 5.7M | 4.6M | 229K | 217.6K | |
Non Current Assets Total | 2.5B | 15.0B | 34.2B | 33.3B | 47.2B | 49.5B | |
Non Currrent Assets Other | 234K | 262K | 85.9M | 167.5M | 344K | 326.8K | |
Cash And Short Term Investments | 392K | 1.0M | 5.7M | 13.7M | 229K | 217.6K | |
Liabilities And Stockholders Equity | 2.5B | 15.0B | 34.3B | 33.6B | 47.5B | 49.8B | |
Non Current Liabilities Total | 100.2M | 2.8B | 10.3B | 10.0B | 9.1B | 9.5B | |
Other Current Assets | 55.5M | 866K | 144.5M | 265.8M | 285.8M | 165.1M | |
Total Liab | 165.5M | 2.9B | 10.8B | 11.1B | 9.1B | 9.6B | |
Total Current Assets | 55.9M | 56.0M | 149.3M | 270.4M | 286.1M | 518.7M | |
Accumulated Other Comprehensive Income | (64K) | 10.4B | 22.0B | 21.3B | 36.3B | 38.1B | |
Short Term Debt | 130M | 0.0 | 370.3M | 928.5M | 1.1B | 1.1B | |
Other Liab | 86.6M | 2.8B | 5.7B | 5.1B | 5.9B | 6.1B | |
Net Tangible Assets | 2.4B | 12.2B | 23.5B | 22.5B | 25.9B | 27.2B | |
Other Assets | 266.9M | 86.0M | 1K | 440.5M | 396.4M | 416.2M | |
Property Plant Equipment | 26K | 63K | 37K | 12K | 13.8K | 13.1K | |
Long Term Debt | 13.7M | 35.4M | 4.7B | 4.9B | 455.2M | 432.5M | |
Long Term Debt Total | 13.7M | 35.4M | 4.7B | 4.9B | 5.7B | 6.0B | |
Net Invested Capital | 2.4B | 12.2B | 28.5B | 28.4B | 38.8B | 40.7B | |
Net Working Capital | (9.4M) | (6.4M) | (325.0M) | (775.7M) | 205.3M | 215.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hexa Stock
Balance Sheet is a snapshot of the financial position of Hexa Tradex Limited at a specified time, usually calculated after every quarter, six months, or one year. Hexa Tradex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hexa Tradex 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 Hexa currently owns. An asset can also be divided into two categories, current and non-current.