HPQ Capex To Depreciation vs Pb Ratio Analysis
HPQ Stock | CAD 0.26 0.01 4.00% |
HPQ Silicon financial indicator trend analysis is much more than just examining HPQ Silicon Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HPQ Silicon Resources is a good investment. Please check the relationship between HPQ Silicon Capex To Depreciation and its Pb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HPQ Silicon 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 board of governors.
Capex To Depreciation vs Pb Ratio
Capex To Depreciation vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPQ Silicon Resources Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HPQ Silicon's Capex To Depreciation and Pb Ratio is -0.23. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of HPQ Silicon Resources, assuming nothing else is changed. The correlation between historical values of HPQ Silicon's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of HPQ Silicon Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., HPQ Silicon's Capex To Depreciation and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Pb Ratio
Most indicators from HPQ Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HPQ Silicon 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 HPQ Silicon 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 board of governors. At this time, HPQ Silicon's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 83.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
HPQ Silicon fundamental ratios Correlations
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HPQ Silicon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HPQ Silicon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.9M | 17.7M | 21.7M | 21.6M | 9.1M | 6.7M | |
Total Current Liabilities | 656.8K | 523.1K | 601.3K | 4.4M | 5.4M | 5.7M | |
Total Stockholder Equity | 6.5M | 12.5M | 18.3M | 14.4M | 1.3M | 1.2M | |
Property Plant And Equipment Net | 5.2M | 5.8M | 5.1M | 3.9M | 2.0M | 2.7M | |
Net Debt | 1.0M | (626.3K) | (2.7M) | (1.1M) | 441.8K | 463.9K | |
Retained Earnings | (28.1M) | (28.7M) | (35.0M) | (44.3M) | (58.5M) | (55.6M) | |
Accounts Payable | 279.3K | 32.6K | 199.8K | 168.4K | 326.5K | 224.8K | |
Cash | 77.6K | 1.9M | 2.7M | 1.1M | 597.4K | 442K | |
Non Current Assets Total | 8.6M | 14.7M | 17.3M | 16.1M | 6.8M | 5.0M | |
Non Currrent Assets Other | 152.2K | 2.1M | 2.2M | 146.3K | (4.6M) | (4.3M) | |
Cash And Short Term Investments | 167.6K | 2.6M | 3.3M | 1.9M | 1.3M | 661.0K | |
Net Receivables | 77.0K | 253.4K | 696.0K | 2.1M | 759.1K | 583.4K | |
Common Stock Shares Outstanding | 224.7M | 250.0M | 307.7M | 345.0M | 361.0M | 379.0M | |
Liabilities And Stockholders Equity | 10.9M | 17.7M | 21.7M | 21.6M | 9.1M | 6.7M | |
Non Current Liabilities Total | 3.7M | 4.7M | 2.8M | 2.7M | 1.8M | 1.8M | |
Other Stockholder Equity | 2.2M | 2.1M | 3.5M | 3.8M | 2.9M | 4.1M | |
Total Liab | 4.3M | 5.2M | 3.4M | 7.1M | 7.2M | 7.6M | |
Total Current Assets | 2.3M | 3.0M | 4.4M | 5.6M | 2.2M | 1.7M | |
Other Current Liab | 377.5K | 490.5K | 401.5K | 4.3M | 4.9M | 5.2M | |
Other Current Assets | 2.1M | 100K | 376.2K | 267.3K | 193.0K | 183.3K | |
Short Long Term Debt Total | 1.3M | 1.1M | 1.3M | 28.4K | 1.0M | 576.6K | |
Short Term Investments | 90K | 722K | 666K | 710.4K | 676.5K | 495.5K | |
Common Stock | 32.3M | 38.9M | 49.9M | 54.9M | 56.8M | 36.2M | |
Net Tangible Assets | 4.6M | 3.5M | 5.9M | 8.5M | 9.7M | 10.2M | |
Property Plant Equipment | 5.4M | 5.2M | 5.8M | 5.1M | 5.9M | 4.1M | |
Other Liab | 2.0M | 2.2M | 3.0M | 2.8M | 3.2M | 2.1M | |
Intangible Assets | 3.0M | 6.6M | 9.9M | 11.9M | 4.6M | 5.9M | |
Net Invested Capital | 7.7M | 14.0M | 18.3M | 14.4M | 1.3M | 1.2M | |
Net Working Capital | 1.6M | 2.4M | 3.8M | 1.1M | (3.2M) | (3.0M) | |
Long Term Investments | 180.9K | 177.0K | 206.2K | 180.0K | 147.2K | 157.6K | |
Capital Stock | 32.3M | 38.9M | 49.9M | 54.9M | 56.8M | 48.5M |
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When running HPQ Silicon's price analysis, check to measure HPQ Silicon'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 HPQ Silicon is operating at the current time. Most of HPQ Silicon's value examination focuses on studying past and present price action to predict the probability of HPQ Silicon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HPQ Silicon's price. Additionally, you may evaluate how the addition of HPQ Silicon to your portfolios can decrease your overall portfolio volatility.