Hirequest Non Current Assets Total vs Common Stock Shares Outstanding Analysis
HQI Stock | USD 15.27 0.28 1.87% |
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 Non Current Assets Total and its Common Stock Shares Outstanding 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.
Non Current Assets Total vs Common Stock Shares Outstanding
Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hirequest's Non Current Assets Total and Common Stock Shares Outstanding is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hirequest are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., Hirequest's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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
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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 |
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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: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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.