Hillgrove Sale Purchase Of Stock vs Change To Liabilities Analysis

HGO Stock   0.04  0  2.78%   
Hillgrove Resources financial indicator trend analysis is much more than just examining Hillgrove Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillgrove Resources is a good investment. Please check the relationship between Hillgrove Resources Sale Purchase Of Stock and its Change To Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillgrove Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Sale Purchase Of Stock vs Change To Liabilities

Sale Purchase Of Stock vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillgrove Resources Sale Purchase Of Stock account and Change To Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hillgrove Resources' Sale Purchase Of Stock and Change To Liabilities is 0.18. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Hillgrove Resources, assuming nothing else is changed. The correlation between historical values of Hillgrove Resources' Sale Purchase Of Stock and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Hillgrove Resources are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Sale Purchase Of Stock i.e., Hillgrove Resources' Sale Purchase Of Stock and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Change To Liabilities

Most indicators from Hillgrove Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillgrove Resources 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 Hillgrove Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Hillgrove Resources' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.8 M in 2025, whereas Tax Provision is likely to drop slightly above 215.7 K in 2025.

Hillgrove Resources fundamental ratios Correlations

0.89-0.410.880.991.00.70.360.240.851.0-0.380.850.6-0.04-0.220.640.870.240.880.450.970.90.390.27-0.52
0.89-0.350.710.890.90.870.560.420.820.9-0.380.830.66-0.1-0.40.640.66-0.030.760.380.820.870.10.33-0.59
-0.41-0.35-0.26-0.42-0.41-0.22-0.10.31-0.35-0.420.87-0.340.00.220.18-0.01-0.39-0.1-0.19-0.18-0.35-0.43-0.21-0.170.07
0.880.71-0.260.840.870.560.150.360.720.87-0.280.720.640.10.070.540.830.250.940.560.920.880.50.22-0.52
0.990.89-0.420.840.990.710.420.240.810.99-0.380.820.56-0.06-0.280.580.890.220.830.390.960.890.330.28-0.53
1.00.9-0.410.870.990.720.380.250.841.0-0.380.840.6-0.05-0.220.650.860.230.880.460.950.90.370.27-0.52
0.70.87-0.220.560.710.720.730.650.450.72-0.40.460.69-0.12-0.430.420.57-0.260.560.260.60.77-0.20.29-0.78
0.360.56-0.10.150.420.380.730.620.190.38-0.310.20.47-0.45-0.840.040.37-0.270.07-0.360.280.48-0.710.15-0.74
0.240.420.310.360.240.250.650.620.040.24-0.090.050.670.14-0.240.010.28-0.320.240.050.230.52-0.44-0.03-0.67
0.850.82-0.350.720.810.840.450.190.040.84-0.231.00.49-0.06-0.210.730.60.280.80.410.860.720.430.26-0.26
1.00.9-0.420.870.991.00.720.380.240.84-0.380.840.59-0.05-0.220.650.860.230.880.460.960.90.370.27-0.52
-0.38-0.380.87-0.28-0.38-0.38-0.4-0.31-0.09-0.23-0.38-0.22-0.280.060.240.13-0.430.05-0.14-0.12-0.32-0.560.020.010.32
0.850.83-0.340.720.820.840.460.20.051.00.84-0.220.5-0.06-0.220.740.590.270.810.410.860.720.420.27-0.27
0.60.660.00.640.560.60.690.470.670.490.59-0.280.50.15-0.110.550.430.10.660.320.590.73-0.04-0.08-0.68
-0.04-0.10.220.1-0.06-0.05-0.12-0.450.14-0.06-0.050.06-0.060.150.60.04-0.01-0.060.090.440.0-0.010.45-0.110.24
-0.22-0.40.180.07-0.28-0.22-0.43-0.84-0.24-0.21-0.220.24-0.22-0.110.60.12-0.260.190.140.64-0.18-0.250.66-0.140.49
0.640.64-0.010.540.580.650.420.040.010.730.650.130.740.550.040.120.260.260.780.530.590.430.410.28-0.18
0.870.66-0.390.830.890.860.570.370.280.60.86-0.430.590.43-0.01-0.260.260.190.680.220.890.830.30.22-0.58
0.24-0.03-0.10.250.220.23-0.26-0.27-0.320.280.230.050.270.1-0.060.190.260.190.290.090.270.110.44-0.50.31
0.880.76-0.190.940.830.880.560.070.240.80.88-0.140.810.660.090.140.780.680.290.660.90.790.570.25-0.42
0.450.38-0.180.560.390.460.26-0.360.050.410.46-0.120.410.320.440.640.530.220.090.660.420.420.690.120.05
0.970.82-0.350.920.960.950.60.280.230.860.96-0.320.860.590.0-0.180.590.890.270.90.420.870.450.27-0.52
0.90.87-0.430.880.890.90.770.480.520.720.9-0.560.720.73-0.01-0.250.430.830.110.790.420.870.190.11-0.62
0.390.1-0.210.50.330.37-0.2-0.71-0.440.430.370.020.42-0.040.450.660.410.30.440.570.690.450.190.050.35
0.270.33-0.170.220.280.270.290.15-0.030.260.270.010.27-0.08-0.11-0.140.280.22-0.50.250.120.270.110.05-0.31
-0.52-0.590.07-0.52-0.53-0.52-0.78-0.74-0.67-0.26-0.520.32-0.27-0.680.240.49-0.18-0.580.31-0.420.05-0.52-0.620.35-0.31
Click cells to compare fundamentals

Hillgrove Resources Account Relationship Matchups

Hillgrove Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets35.9M51.3M52.9M101.1M107.4M90.1M
Short Long Term Debt Total981K253K7.2M14.8M8.7M8.3M
Other Current Liab2.7M3.5M2.0M8.8M14.2M14.9M
Total Current Liabilities2.9M4.0M2.1M23.7M40.8M42.8M
Total Stockholder Equity23.2M37.9M32.6M54.9M41.6M57.8M
Property Plant And Equipment Net24.4M33.3M40.0M86.2M93.1M60.4M
Net Debt(5.6M)(10.7M)1.9M1.6M5.4M5.7M
Retained Earnings(241.1M)(246.9M)(252.9M)(269.2M)(293.3M)(278.6M)
Accounts Payable218K567K130K7.6M17.2M18.1M
Cash5.6M10.7M5.3M10.2M3.3M3.1M
Non Current Assets Total29.4M39.5M46.3M86.2M93.1M66.2M
Non Currrent Assets Other5.0M6.3M6.2M5.3M4.8M5.0M
Cash And Short Term Investments5.6M10.7M5.3M10.2M3.3M3.1M
Net Receivables447K523K424K1.1M3.5M3.7M
Common Stock Shares Outstanding586.2M961.0M1.2B1.7B2.1B2.2B
Liabilities And Stockholders Equity35.9M51.3M52.9M101.1M107.4M99.2M
Non Current Liabilities Total9.7M9.3M18.2M22.5M25.0M16.5M
Inventory50K100K410K3.1M7.3M5.1M
Other Stockholder Equity5.7M6.7M7.3M1.00.90.95
Total Liab12.7M13.4M20.3M46.2M65.8M69.1M
Property Plant And Equipment Gross27.6M258.1M265.2M309.1M341.5M358.5M
Total Current Assets6.5M11.8M6.6M14.8M14.3M23.8M
Accumulated Other Comprehensive Income27.8M28.8M29.4M31.2M32.1M33.7M
Short Term Debt253K503K0.07.3M8.7M8.6M
Common Stock236.6M256.1M256.1M292.9M302.7M317.8M
Other Current Assets385K400K481K377K211K200.5K
Other Liab8.1M9.7M9.3M18.2M20.9M11.8M
Property Plant Equipment27.6M37.7M44.8M86.2M93.1M92.0M
Net Tangible Assets26.3M23.2M37.9M32.6M29.3M27.8M
Net Invested Capital23.2M37.9M32.6M54.9M46.0M39.6M

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