Hillgrove Stock Based Compensation vs Change To Netincome 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 Stock Based Compensation and its Change To Netincome 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.

Stock Based Compensation vs Change To Netincome

Stock Based Compensation vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillgrove Resources Stock Based Compensation account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hillgrove Resources' Stock Based Compensation and Change To Netincome is -0.19. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Netincome 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' Stock Based Compensation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Hillgrove Resources are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Stock Based Compensation i.e., Hillgrove Resources' Stock Based Compensation and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Netincome

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
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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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Additional Tools for Hillgrove Stock Analysis

When running Hillgrove Resources' price analysis, check to measure Hillgrove Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hillgrove Resources is operating at the current time. Most of Hillgrove Resources' value examination focuses on studying past and present price action to predict the probability of Hillgrove Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillgrove Resources' price. Additionally, you may evaluate how the addition of Hillgrove Resources to your portfolios can decrease your overall portfolio volatility.