HighPeak Interest Income vs Other Operating Expenses Analysis

HPKEW Stock  USD 4.60  0.70  13.21%   
HighPeak Energy financial indicator trend analysis is much more than just examining HighPeak Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HighPeak Energy is a good investment. Please check the relationship between HighPeak Energy Interest Income and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.

Interest Income vs Other Operating Expenses

Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HighPeak Energy's Interest Income and Other Operating Expenses is -0.33. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of HighPeak Energy, assuming nothing else is changed. The correlation between historical values of HighPeak Energy's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of HighPeak Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., HighPeak Energy's Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of HighPeak Energy. It is also known as HighPeak Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from HighPeak Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HighPeak Energy 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 HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.At this time, HighPeak Energy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 163.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue220.1M755.7M1.1B1.2B
Depreciation And Amortization65.4M178.1M424.4M445.6M

HighPeak Energy fundamental ratios Correlations

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0.80.910.750.810.780.930.980.590.980.79-0.420.980.720.90.940.58-0.350.660.930.80.95-0.28-0.070.63-0.52
-0.41-0.49-0.41-0.4-0.43-0.46-0.25-0.39-0.41-0.430.4-0.41-0.47-0.44-0.48-0.40.84-0.75-0.48-0.39-0.33-0.280.5-0.810.9
-0.52-0.14-0.64-0.49-0.55-0.41-0.17-0.820.0-0.550.920.0-0.7-0.44-0.4-0.830.72-0.68-0.42-0.5-0.31-0.070.5-0.560.68
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-0.71-0.69-0.75-0.7-0.73-0.72-0.52-0.73-0.58-0.730.71-0.58-0.79-0.73-0.74-0.720.86-0.95-0.74-0.7-0.6-0.520.90.68-0.95
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HighPeak Energy Account Relationship Matchups

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When running HighPeak Energy's price analysis, check to measure HighPeak Energy's 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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.