Hirequest Capital Stock vs Long Term Investments Analysis
HQI Stock | USD 15.52 0.25 1.64% |
Hirequest financial indicator trend analysis is much more than just examining Hirequest latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hirequest is a good investment. Please check the relationship between Hirequest Capital Stock and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. 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. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
Capital Stock vs Long Term Investments
Capital Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Capital Stock account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hirequest's Capital Stock and Long Term Investments is -0.47. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Capital Stock and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Hirequest are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Capital Stock i.e., Hirequest's Capital Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Long Term Investments
Long Term Investments is an item on the asset side of Hirequest balance sheet that represents investments Hirequest intends to hold for over a year. Hirequest long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Hirequest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hirequest 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 Hirequest. 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. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.As of now, Hirequest's Sales General And Administrative To Revenue is increasing as compared to previous years. The Hirequest's current Enterprise Value is estimated to increase to about 117.9 M, while Selling General Administrative is projected to decrease to under 13.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 22.6M | 28.9M | 35.1M | 19.4M | Total Revenue | 22.8M | 31.0M | 37.9M | 59.1M |
Hirequest fundamental ratios Correlations
Click cells to compare fundamentals
Hirequest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hirequest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.9M | 49.1M | 77.4M | 103.3M | 103.8M | 109.0M | |
Total Stockholder Equity | 31.3M | 36.4M | 46.7M | 58.3M | 62.7M | 65.9M | |
Retained Earnings | 3.7M | 7.7M | 16.4M | 25.5M | 28.3M | 29.8M | |
Non Current Assets Total | 9.9M | 9.5M | 35.3M | 51.4M | 52.4M | 55.0M | |
Common Stock Shares Outstanding | 11.6M | 13.7M | 13.6M | 13.7M | 13.8M | 14.5M | |
Liabilities And Stockholders Equity | 46.9M | 49.1M | 77.4M | 103.3M | 103.8M | 109.0M | |
Non Current Liabilities Total | 4.6M | 3.3M | 9.1M | 8.2M | 5.4M | 3.4M | |
Other Stockholder Equity | 27.6M | 28.7M | 30.3M | 32.7M | 34.4M | 41.5M | |
Total Liab | 15.6M | 12.7M | 30.6M | 45.0M | 41.1M | 43.1M | |
Common Stock | 13.5K | 13.6K | 13.7K | 14K | 16.1K | 30.9K | |
Short Long Term Debt Total | 853.6K | 398.9K | 3.2M | 16.5M | 14.8M | 15.5M | |
Other Current Liab | 10.8M | 9.0M | 20.0M | 23.1M | 20.9M | 22.0M | |
Total Current Liabilities | 11.0M | 9.5M | 21.5M | 36.8M | 35.7M | 37.5M | |
Net Debt | (4.2M) | (13.7M) | 2.0M | 13.5M | 13.4M | 14.1M | |
Accounts Payable | 253.8K | 457.5K | 1.1M | 448K | 137K | 130.2K | |
Cash | 4.2M | 13.7M | 1.3M | 3.0M | 1.3M | 1.3M | |
Non Currrent Assets Other | 8.0M | 5.9M | 4.0M | 7.3M | 10.6M | 11.2M | |
Other Assets | 8.0M | 623.5K | 25.3M | 7.3M | 1.0 | 0.95 | |
Cash And Short Term Investments | 4.2M | 13.7M | 1.3M | 3.0M | 1.3M | 1.3M | |
Net Receivables | 31.6M | 23.5M | 38.2M | 46.5M | 46.2M | 48.5M | |
Common Stock Total Equity | 13.5K | 13.6K | 13.7K | 14K | 16.1K | 29.1K | |
Inventory | 1.0M | 1.4M | 369.2K | 915K | 1.1M | 1.1M | |
Other Current Assets | 201.4K | 1.8M | 2.5M | 2.3M | 3.9M | 4.1M | |
Total Current Assets | 37.0M | 39.0M | 42.0M | 51.9M | 51.5M | 54.0M | |
Property Plant And Equipment Net | 1.9M | 3.2M | 4.5M | 4.4M | 4.3M | 4.5M | |
Current Deferred Revenue | 1.7M | 1.8M | 15.7M | 3.9M | 4.5M | 2.7M | |
Property Plant And Equipment Gross | 1.9M | 3.2M | 4.5M | 4.4M | 5.3M | 5.6M | |
Short Term Debt | 853.6K | 398.9K | 381K | 13.2M | 14.6M | 15.4M | |
Capital Surpluse | 27.6M | 28.8M | 30.5M | 32.8M | 29.6M | 35.8M | |
Property Plant Equipment | 1.9M | 3.2M | 4.5M | 4.4M | 5.0M | 5.3M | |
Short Long Term Debt | 853.6K | 398.9K | 381.5K | 13.2M | 14.6M | 15.4M | |
Other Liab | 4.6M | 3.3M | 6.3M | 5.0M | 5.7M | 3.8M | |
Net Tangible Assets | 31.3M | 36.0M | 46.7M | 47.6M | 54.7M | 33.9M | |
Net Invested Capital | 31.3M | 36.4M | 50.0M | 74.8M | 77.5M | 48.5M | |
Net Working Capital | 26.0M | 29.5M | 20.5M | 15.2M | 15.7M | 21.1M | |
Capital Stock | 13.5K | 13.6K | 13.7K | 14K | 16.1K | 13.5K |
Currently Active Assets on Macroaxis
When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. 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. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.007 | Dividend Share 0.24 | Earnings Share 0.14 | Revenue Per Share 2.626 | Quarterly Revenue Growth 0.016 |
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.