Hirequest Net Debt vs Current Deferred Revenue 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 Net Debt and its Current Deferred Revenue 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.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Hirequest's Net Debt and Current Deferred Revenue is 0.12. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Net Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hirequest are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Hirequest's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

Gross Profit Total Revenue

Hirequest fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets	Total Current Assets	Property Plant And Equipment Net	Good Will
Total Assets		0.98	0.84	0.97	0.91	0.71	-0.26	0.95	-0.32	0.82	0.97	0.95	0.38	-0.25	-0.35	0.88	0.27	-0.35	0.98	-0.25	-0.66	0.34	0.84	0.97	0.91	0.35
Total Stockholder Equity	0.98		0.86	0.93	0.92	0.63	-0.28	0.87	-0.39	0.7	0.94	0.87	0.37	-0.33	-0.34	0.89	0.23	-0.34	0.95	-0.35	-0.65	0.33	0.8	0.97	0.89	0.28
Retained Earnings	0.84	0.86		0.81	0.79	0.56	-0.73	0.74	-0.64	0.58	0.9	0.74	-0.1	-0.44	0.13	0.88	0.21	0.13	0.85	-0.55	-0.54	-0.13	0.8	0.83	0.95	0.01
Non Current Assets Total	0.97	0.93	0.81		0.81	0.67	-0.25	0.95	-0.29	0.83	0.95	0.96	0.28	-0.26	-0.25	0.82	0.23	-0.25	0.93	-0.24	-0.7	0.23	0.88	0.89	0.88	0.46
Common Stock Shares Outstanding	0.91	0.92	0.79	0.81		0.75	-0.27	0.83	-0.33	0.63	0.91	0.8	0.49	-0.27	-0.47	0.84	0.38	-0.47	0.93	-0.25	-0.5	0.47	0.7	0.96	0.88	0.02
Non Current Liabilities Total	0.71	0.63	0.56	0.67	0.75		-0.22	0.77	-0.13	0.55	0.77	0.7	0.4	0.02	-0.38	0.47	0.76	-0.38	0.75	-0.02	-0.08	0.37	0.47	0.71	0.72	-0.02
Other Stockholder Equity	-0.26	-0.28	-0.73	-0.25	-0.27	-0.22		-0.21	0.69	-0.14	-0.43	-0.21	0.68	0.39	-0.69	-0.45	-0.11	-0.69	-0.33	0.58	0.09	0.69	-0.42	-0.27	-0.58	0.35
Total Liab	0.95	0.87	0.74	0.95	0.83	0.77	-0.21		-0.19	0.92	0.93	0.99	0.36	-0.12	-0.33	0.79	0.3	-0.33	0.94	-0.09	-0.63	0.31	0.83	0.9	0.86	0.42
Common Stock	-0.32	-0.39	-0.64	-0.29	-0.33	-0.13	0.69	-0.19		-0.08	-0.42	-0.21	0.34	0.44	-0.34	-0.39	-0.05	-0.34	-0.36	0.84	0.09	0.34	-0.36	-0.35	-0.5	0.11
Short Long Term Debt Total	0.82	0.7	0.58	0.83	0.63	0.55	-0.14	0.92	-0.08		0.74	0.94	0.27	0.0	-0.23	0.71	-0.01	-0.23	0.79	0.03	-0.64	0.22	0.74	0.75	0.68	0.6
Other Current Liab	0.97	0.94	0.9	0.95	0.91	0.77	-0.43	0.93	-0.42	0.74		0.91	0.25	-0.34	-0.22	0.86	0.39	-0.22	0.98	-0.36	-0.58	0.21	0.84	0.93	0.96	0.2
Total Current Liabilities	0.95	0.87	0.74	0.96	0.8	0.7	-0.21	0.99	-0.21	0.94	0.91		0.33	-0.14	-0.29	0.81	0.21	-0.29	0.93	-0.1	-0.68	0.28	0.85	0.88	0.84	0.48
Net Debt	0.38	0.37	-0.1	0.28	0.49	0.4	0.68	0.36	0.34	0.27	0.25	0.33		0.16	-1.0	0.16	0.26	-1.0	0.37	0.3	-0.14	1.0	0.03	0.44	0.07	0.23
Accounts Payable	-0.25	-0.33	-0.44	-0.26	-0.27	0.02	0.39	-0.12	0.44	0.0	-0.34	-0.14	0.16		-0.16	-0.32	0.06	-0.16	-0.28	0.49	0.21	0.17	-0.37	-0.23	-0.36	0.03
Cash	-0.35	-0.34	0.13	-0.25	-0.47	-0.38	-0.69	-0.33	-0.34	-0.23	-0.22	-0.29	-1.0	-0.16		-0.14	-0.26	1.0	-0.34	-0.3	0.11	-1.0	0.0	-0.41	-0.05	-0.2
Non Currrent Assets Other	0.88	0.89	0.88	0.82	0.84	0.47	-0.45	0.79	-0.39	0.71	0.86	0.81	0.16	-0.32	-0.14		0.01	-0.14	0.89	-0.33	-0.72	0.13	0.77	0.89	0.84	0.17
Other Assets	0.27	0.23	0.21	0.23	0.38	0.76	-0.11	0.3	-0.05	-0.01	0.39	0.21	0.26	0.06	-0.26	0.01		-0.26	0.34	-0.06	0.23	0.25	0.08	0.29	0.35	-0.39
Cash And Short Term Investments	-0.35	-0.34	0.13	-0.25	-0.47	-0.38	-0.69	-0.33	-0.34	-0.23	-0.22	-0.29	-1.0	-0.16	1.0	-0.14	-0.26		-0.34	-0.3	0.11	-1.0	0.0	-0.41	-0.05	-0.2
Net Receivables	0.98	0.95	0.85	0.93	0.93	0.75	-0.33	0.94	-0.36	0.79	0.98	0.93	0.37	-0.28	-0.34	0.89	0.34	-0.34		-0.29	-0.61	0.33	0.79	0.98	0.91	0.23
Common Stock Total Equity	-0.25	-0.35	-0.55	-0.24	-0.25	-0.02	0.58	-0.09	0.84	0.03	-0.36	-0.1	0.3	0.49	-0.3	-0.33	-0.06	-0.3	-0.29		0.05	0.3	-0.29	-0.26	-0.39	0.03
Short Term Investments	-0.66	-0.65	-0.54	-0.7	-0.5	-0.08	0.09	-0.63	0.09	-0.64	-0.58	-0.68	-0.14	0.21	0.11	-0.72	0.23	0.11	-0.61	0.05		-0.1	-0.78	-0.58	-0.55	-0.4
Inventory	0.34	0.33	-0.13	0.23	0.47	0.37	0.69	0.31	0.34	0.22	0.21	0.28	1.0	0.17	-1.0	0.13	0.25	-1.0	0.33	0.3	-0.1		-0.02	0.41	0.04	0.2
Other Current Assets	0.84	0.8	0.8	0.88	0.7	0.47	-0.42	0.83	-0.36	0.74	0.84	0.85	0.03	-0.37	0.0	0.77	0.08	0.0	0.79	-0.29	-0.78	-0.02		0.74	0.88	0.32
Total Current Assets	0.97	0.97	0.83	0.89	0.96	0.71	-0.27	0.9	-0.35	0.75	0.93	0.88	0.44	-0.23	-0.41	0.89	0.29	-0.41	0.98	-0.26	-0.58	0.41	0.74		0.89	0.19
Property Plant And Equipment Net	0.91	0.89	0.95	0.88	0.88	0.72	-0.58	0.86	-0.5	0.68	0.96	0.84	0.07	-0.36	-0.05	0.84	0.35	-0.05	0.91	-0.39	-0.55	0.04	0.88	0.89		0.06
Good Will	0.35	0.28	0.01	0.46	0.02	-0.02	0.35	0.42	0.11	0.6	0.2	0.48	0.23	0.03	-0.2	0.17	-0.39	-0.2	0.23	0.03	-0.4	0.2	0.32	0.19	0.06

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Hirequest Account Relationship Matchups

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

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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:

How To Invest In Hirequest

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Is Hirequest Stock a good investment?

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What is Hirequest's Net Worth?

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Largest Human Resource & Employment Services Companies

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.

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Hirequest Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Hirequest fundamental ratios Correlations

Hirequest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hirequest fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Liab
Total Stockholder Equity	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Net Receivables	+ 0.98	Other Current Liab

Inventory	- 1.0	Cash And Short Term Investments
Inventory	- 1.0	Cash
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Other Current Assets	- 0.78	Short Term Investments
Other Stockholder Equity	- 0.73	Retained Earnings