Hexa Current Deferred Revenue vs Net Receivables Analysis
HEXATRADEX | 286.55 9.65 3.49% |
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 Current Deferred Revenue and its Net Receivables 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.
Current Deferred Revenue vs Net Receivables
Current Deferred Revenue vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hexa Tradex Limited Current Deferred Revenue account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hexa Tradex's Current Deferred Revenue and Net Receivables is 0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Receivables 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 Current Deferred Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Hexa Tradex Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Current Deferred Revenue i.e., Hexa Tradex's Current Deferred Revenue and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Receivables
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
High Negative Relationship
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 | 286.1M | 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.