Hub24 Short Term Debt vs Cash Analysis

HUB Stock

74.20 0.79 1.05%

Hub24 financial indicator trend analysis is much more than just examining Hub24 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub24 is a good investment. Please check the relationship between Hub24 Short Term Debt and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub24. 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.

Short Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub24 Short Term Debt account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hub24's Short Term Debt and Cash is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Hub24, assuming nothing else is changed. The correlation between historical values of Hub24's Short Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Hub24 are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Debt i.e., Hub24's Short Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Cash

Cash refers to the most liquid asset of Hub24, which is listed under current asset account on Hub24 balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hub24 customers. The amounts must be unrestricted with restricted cash listed in a different Hub24 account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Hub24's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub24 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 Hub24. 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, Hub24's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 993.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	171.1M	227.2M	204.2M	214.5M
Gross Profit	149.6M	225.4M	261.2M	274.2M

Other Operating Expenses Gross Profit

Hub24 fundamental ratios Correlations

	Total Assets	Accounts Payable	Cash	Other Assets	Total Liab	Total Stockholder Equity	Other Liab	Retained Earnings	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Non Current Liabilities Total
Total Assets		0.1	0.92	0.68	0.99	1.0	-0.06	0.75	1.0	0.87	0.37	0.88	0.96	-0.52	0.99	-0.21	0.92	0.93	0.42	0.77	-0.17	0.98	0.92	0.68	1.0	0.82
Accounts Payable	0.1		0.0	0.05	0.17	0.09	-0.19	0.1	0.09	0.02	0.17	0.28	0.05	0.14	0.09	-0.12	0.0	0.22	-0.16	0.02	-0.13	0.07	0.12	0.11	0.12	-0.03
Cash	0.92	0.0		0.61	0.92	0.92	-0.05	0.73	0.9	0.93	0.12	0.87	0.96	-0.8	0.9	-0.18	1.0	0.94	0.49	0.82	-0.23	0.96	0.99	0.49	0.89	0.83
Other Assets	0.68	0.05	0.61		0.72	0.68	-0.02	0.41	0.7	0.71	0.76	0.33	0.6	-0.33	0.61	-0.66	0.61	0.53	0.53	0.6	-0.24	0.62	0.6	0.83	0.67	0.21
Total Liab	0.99	0.17	0.92	0.72		0.99	-0.04	0.74	0.99	0.89	0.4	0.88	0.96	-0.54	0.98	-0.25	0.92	0.94	0.43	0.75	-0.19	0.98	0.93	0.69	0.99	0.8
Total Stockholder Equity	1.0	0.09	0.92	0.68	0.99		-0.07	0.75	1.0	0.87	0.37	0.88	0.96	-0.52	0.99	-0.2	0.92	0.93	0.42	0.77	-0.17	0.98	0.91	0.68	1.0	0.83
Other Liab	-0.06	-0.19	-0.05	-0.02	-0.04	-0.07		-0.38	-0.03	-0.06	0.11	-0.08	-0.07	-0.04	-0.05	0.1	-0.06	-0.05	0.5	-0.21	-0.46	-0.09	-0.09	-0.15	-0.09	0.09
Retained Earnings	0.75	0.1	0.73	0.41	0.74	0.75	-0.38		0.68	0.71	0.05	0.77	0.78	-0.48	0.75	-0.06	0.74	0.78	-0.07	0.52	0.4	0.78	0.75	0.39	0.74	0.71
Common Stock	1.0	0.09	0.9	0.7	0.99	1.0	-0.03	0.68		0.86	0.41	0.85	0.95	-0.49	0.99	-0.22	0.9	0.91	0.46	0.77	-0.23	0.97	0.9	0.71	0.99	0.8
Property Plant Equipment	0.87	0.02	0.93	0.71	0.89	0.87	-0.06	0.71	0.86		0.25	0.76	0.94	-0.69	0.84	-0.18	0.93	0.87	0.53	0.82	-0.21	0.92	0.92	0.64	0.83	0.7
Other Current Liab	0.37	0.17	0.12	0.76	0.4	0.37	0.11	0.05	0.41	0.25		-0.03	0.2	0.26	0.33	-0.67	0.12	0.1	0.27	0.16	-0.15	0.24	0.1	0.73	0.39	-0.14
Total Current Liabilities	0.88	0.28	0.87	0.33	0.88	0.88	-0.08	0.77	0.85	0.76	-0.03		0.91	-0.6	0.9	0.1	0.87	0.96	0.26	0.67	-0.13	0.91	0.9	0.36	0.87	0.94
Property Plant And Equipment Net	0.96	0.05	0.96	0.6	0.96	0.96	-0.07	0.78	0.95	0.94	0.2	0.91		-0.64	0.96	-0.07	0.96	0.95	0.44	0.8	-0.16	0.99	0.95	0.6	0.94	0.87
Net Debt	-0.52	0.14	-0.8	-0.33	-0.54	-0.52	-0.04	-0.48	-0.49	-0.69	0.26	-0.6	-0.64		-0.49	0.18	-0.8	-0.66	-0.47	-0.61	0.27	-0.61	-0.79	0.03	-0.47	-0.6
Non Current Assets Total	0.99	0.09	0.9	0.61	0.98	0.99	-0.05	0.75	0.99	0.84	0.33	0.9	0.96	-0.49		-0.13	0.9	0.93	0.39	0.74	-0.15	0.98	0.89	0.64	0.99	0.86
Non Currrent Assets Other	-0.21	-0.12	-0.18	-0.66	-0.25	-0.2	0.1	-0.06	-0.22	-0.18	-0.67	0.1	-0.07	0.18	-0.13		-0.18	-0.03	-0.15	-0.18	0.07	-0.12	-0.18	-0.29	-0.22	0.26
Cash And Short Term Investments	0.92	0.0	1.0	0.61	0.92	0.92	-0.06	0.74	0.9	0.93	0.12	0.87	0.96	-0.8	0.9	-0.18		0.94	0.48	0.82	-0.22	0.96	0.99	0.49	0.89	0.83
Net Receivables	0.93	0.22	0.94	0.53	0.94	0.93	-0.05	0.78	0.91	0.87	0.1	0.96	0.95	-0.66	0.93	-0.03	0.94		0.38	0.74	-0.19	0.96	0.97	0.5	0.91	0.89
Common Stock Total Equity	0.42	-0.16	0.49	0.53	0.43	0.42	0.5	-0.07	0.46	0.53	0.27	0.26	0.44	-0.47	0.39	-0.15	0.48	0.38		0.51	-0.83	0.41	0.44	0.34	0.38	0.31
Common Stock Shares Outstanding	0.77	0.02	0.82	0.6	0.75	0.77	-0.21	0.52	0.77	0.82	0.16	0.67	0.8	-0.61	0.74	-0.18	0.82	0.74	0.51		-0.32	0.8	0.81	0.58	0.75	0.58
Short Term Investments	-0.17	-0.13	-0.23	-0.24	-0.19	-0.17	-0.46	0.4	-0.23	-0.21	-0.15	-0.13	-0.16	0.27	-0.15	0.07	-0.22	-0.19	-0.83	-0.32		-0.15	-0.22	-0.11	-0.14	-0.12
Property Plant And Equipment Gross	0.98	0.07	0.96	0.62	0.98	0.98	-0.09	0.78	0.97	0.92	0.24	0.91	0.99	-0.61	0.98	-0.12	0.96	0.96	0.41	0.8	-0.15		0.95	0.62	0.97	0.87
Total Current Assets	0.92	0.12	0.99	0.6	0.93	0.91	-0.09	0.75	0.9	0.92	0.1	0.9	0.95	-0.79	0.89	-0.18	0.99	0.97	0.44	0.81	-0.22	0.95		0.48	0.89	0.83
Short Term Debt	0.68	0.11	0.49	0.83	0.69	0.68	-0.15	0.39	0.71	0.64	0.73	0.36	0.6	0.03	0.64	-0.29	0.49	0.5	0.34	0.58	-0.11	0.62	0.48		0.68	0.25
Good Will	1.0	0.12	0.89	0.67	0.99	1.0	-0.09	0.74	0.99	0.83	0.39	0.87	0.94	-0.47	0.99	-0.22	0.89	0.91	0.38	0.75	-0.14	0.97	0.89	0.68		0.81
Non Current Liabilities Total	0.82	-0.03	0.83	0.21	0.8	0.83	0.09	0.71	0.8	0.7	-0.14	0.94	0.87	-0.6	0.86	0.26	0.83	0.89	0.31	0.58	-0.12	0.87	0.83	0.25	0.81

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Hub24 Account Relationship Matchups

Hub24 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	97.8M	229.0M	547.7M	620.4M	622.7M	653.9M
Accounts Payable	1.7M	685.4K	3.9M	4.4M	2.1M	2.2M
Cash	33.8M	63.5M	43.5M	72.7M	88.0M	92.5M
Other Assets	16.9M	54.0M	62.4M	75.9M	22.6M	16.1M
Total Liab	23.0M	47.9M	92.1M	110.0M	103.0M	108.2M
Total Stockholder Equity	74.8M	181.1M	455.7M	510.4M	519.7M	545.7M
Other Liab	3.9M	3.7M	3.2M	3.2M	3.6M	3.5M
Retained Earnings	(34.1M)	(29.7M)	(24.8M)	(7.8M)	9.2M	9.7M
Common Stock	100.2M	204.2M	468.0M	501.1M	480.5M	504.6M
Property Plant Equipment	2.0M	7.1M	7.5M	7.5M	8.7M	9.1M
Other Current Liab	3.2M	3.4M	31.7M	33.0M	(4.7M)	(4.5M)
Total Current Liabilities	6.8M	9.8M	19.3M	23.7M	47.7M	50.1M
Property Plant And Equipment Net	7.1M	7.5M	12.5M	12.6M	17.6M	18.5M
Net Debt	(27.8M)	(44.2M)	6.0M	(32.6M)	(42.8M)	(40.7M)
Non Current Assets Total	47.1M	111.5M	441.9M	471.8M	534.7M	561.4M
Non Currrent Assets Other	1.8M	(91.0M)	5.3M	(293.9M)	67.7M	71.1M
Cash And Short Term Investments	33.8M	63.5M	43.5M	72.7M	88.0M	92.5M
Net Receivables	10.0M	24.2M	26.3M	29.5M	45.9M	48.2M
Common Stock Shares Outstanding	64.0M	68.4M	75.1M	82.9M	83.6M	87.8M
Liabilities And Stockholders Equity	97.8M	229.0M	547.7M	620.4M	622.7M	653.9M
Property Plant And Equipment Gross	7.1M	11.0M	19.7M	21.2M	27.1M	28.5M
Total Current Assets	33.8M	63.5M	43.5M	72.7M	88.0M	92.5M
Accumulated Other Comprehensive Income	8.8M	11.5M	20.0M	26.8M	33.5M	35.1M
Non Current Liabilities Total	8.1M	9.4M	29.2M	30.0M	103.0M	108.2M
Other Current Assets	(43.9M)	(87.6M)	(85.4M)	(105.4M)	(134.0M)	(127.3M)
Intangible Assets	40.0M	104.0M	429.4M	459.2M	203.1M	213.3M
Treasury Stock	(47.9K)	(38.3K)	(26.8K)	(5.0M)	(4.5M)	(4.3M)
Other Stockholder Equity	(26.8K)	(5.0M)	(7.6M)	(9.6M)	(3.6M)	(3.4M)
Net Tangible Assets	27.9M	34.9M	77.1M	77.1M	88.7M	93.1M
Non Current Liabilities Other	1.6M	41.2K	24K	809K	728.1K	691.7K
Long Term Debt Total	110.1K	4.4M	13.9M	36.2M	41.6M	43.7M
Net Invested Capital	74.8M	193.6M	495.0M	540.4M	549.7M	277.7M
Net Working Capital	30.7M	51.8M	22.9M	66.0M	94.3M	99.0M
Current Deferred Revenue	263.9K	322.3K	1.0M	15.4M	42.7M	44.9M

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