Hubbell Short Term Investments vs Net Receivables Analysis

HUBB Stock  USD 460.81  4.33  0.95%   
Hubbell financial indicator trend analysis is much more than just examining Hubbell latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubbell is a good investment. Please check the relationship between Hubbell Short Term Investments and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubbell Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hubbell's Short Term Investments and Net Receivables is -0.43. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Hubbell, assuming nothing else is changed. The correlation between historical values of Hubbell's Short Term Investments and Net Receivables 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 Investments of Hubbell are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., Hubbell's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Hubbell balance sheet. It contains any investments Hubbell undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hubbell can easily liquidate in the marketplace.

Net Receivables

Most indicators from Hubbell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubbell 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 Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.19, whereas Selling General Administrative is forecasted to decline to about 496.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.5B1.9B1.1B
Total Revenue4.2B4.9B5.4B2.8B

Hubbell fundamental ratios Correlations

0.970.990.940.960.890.97-0.170.990.53-0.160.95-0.860.970.950.73-0.480.980.910.970.960.960.570.84-0.65-0.65
0.970.950.840.930.970.88-0.360.980.52-0.340.92-0.90.990.930.7-0.430.990.80.990.920.90.660.81-0.66-0.66
0.990.950.910.930.90.95-0.250.980.58-0.240.93-0.880.960.960.76-0.530.980.870.950.980.980.610.86-0.65-0.65
0.940.840.910.940.70.990.110.90.410.130.89-0.710.840.880.67-0.420.870.960.860.870.90.430.8-0.65-0.65
0.960.930.930.940.840.95-0.10.940.35-0.090.9-0.830.910.920.63-0.360.930.890.950.860.890.590.84-0.77-0.77
0.890.970.90.70.840.77-0.570.940.6-0.560.84-0.910.960.880.68-0.40.950.640.960.880.840.740.77-0.61-0.61
0.970.880.950.990.950.770.030.930.470.040.94-0.770.890.930.69-0.480.920.970.890.920.940.450.8-0.61-0.61
-0.17-0.36-0.250.11-0.1-0.570.03-0.3-0.511.0-0.120.5-0.34-0.24-0.250.07-0.320.22-0.36-0.26-0.18-0.6-0.250.220.22
0.990.980.980.90.940.940.93-0.30.57-0.290.93-0.880.990.940.76-0.460.990.840.990.960.940.660.84-0.66-0.66
0.530.520.580.410.350.60.47-0.510.57-0.50.49-0.580.560.560.63-0.360.570.340.520.650.590.420.51-0.13-0.13
-0.16-0.34-0.240.13-0.09-0.560.041.0-0.29-0.5-0.110.48-0.33-0.23-0.250.06-0.30.24-0.35-0.24-0.17-0.6-0.240.210.21
0.950.920.930.890.90.840.94-0.120.930.49-0.11-0.810.940.960.54-0.550.940.920.890.930.950.360.72-0.51-0.51
-0.86-0.9-0.88-0.71-0.83-0.91-0.770.5-0.88-0.580.48-0.81-0.89-0.89-0.620.47-0.89-0.67-0.89-0.85-0.84-0.67-0.760.70.7
0.970.990.960.840.910.960.89-0.340.990.56-0.330.94-0.890.930.71-0.471.00.810.980.950.910.620.79-0.6-0.6
0.950.930.960.880.920.880.93-0.240.940.56-0.230.96-0.890.930.6-0.540.950.880.920.930.950.530.76-0.57-0.57
0.730.70.760.670.630.680.69-0.250.760.63-0.250.54-0.620.710.6-0.190.730.570.720.760.680.690.76-0.49-0.49
-0.48-0.43-0.53-0.42-0.36-0.4-0.480.07-0.46-0.360.06-0.550.47-0.47-0.54-0.19-0.49-0.48-0.38-0.59-0.59-0.11-0.180.040.04
0.980.990.980.870.930.950.92-0.320.990.57-0.30.94-0.891.00.950.73-0.490.840.980.970.940.620.82-0.62-0.62
0.910.80.870.960.890.640.970.220.840.340.240.92-0.670.810.880.57-0.480.840.780.840.90.250.71-0.52-0.52
0.970.990.950.860.950.960.89-0.360.990.52-0.350.89-0.890.980.920.72-0.380.980.780.910.890.710.84-0.71-0.71
0.960.920.980.870.860.880.92-0.260.960.65-0.240.93-0.850.950.930.76-0.590.970.840.910.960.540.77-0.5-0.5
0.960.90.980.90.890.840.94-0.180.940.59-0.170.95-0.840.910.950.68-0.590.940.90.890.960.450.84-0.58-0.58
0.570.660.610.430.590.740.45-0.60.660.42-0.60.36-0.670.620.530.69-0.110.620.250.710.540.450.57-0.6-0.6
0.840.810.860.80.840.770.8-0.250.840.51-0.240.72-0.760.790.760.76-0.180.820.710.840.770.840.57-0.82-0.82
-0.65-0.66-0.65-0.65-0.77-0.61-0.610.22-0.66-0.130.21-0.510.7-0.6-0.57-0.490.04-0.62-0.52-0.71-0.5-0.58-0.6-0.821.0
-0.65-0.66-0.65-0.65-0.77-0.61-0.610.22-0.66-0.130.21-0.510.7-0.6-0.57-0.490.04-0.62-0.52-0.71-0.5-0.58-0.6-0.821.0
Click cells to compare fundamentals

Hubbell Account Relationship Matchups

Hubbell fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.1B5.3B5.4B6.9B7.3B
Short Long Term Debt Total1.6B1.6B1.4B1.4B2.3B2.4B
Total Current Liabilities844.9M948.2M1.1B1.1B1.3B1.4B
Total Stockholder Equity1.9B2.1B2.2B2.4B2.9B3.0B
Property Plant And Equipment Net505.2M519.2M459.5M528M799.7M839.7M
Net Debt1.4B1.3B1.2B1.0B2.0B2.1B
Retained Earnings2.3B2.4B2.6B2.7B3.2B3.3B
Cash182M259.6M286.2M440.5M336.1M228.8M
Non Current Assets Total3.3B3.5B3.4B3.4B4.7B5.0B
Non Currrent Assets Other174.6M173.3M320.8M146.9M141.9M106M
Cash And Short Term Investments196.2M268.9M295.6M454.8M348.7M245.3M
Net Receivables683M531.6M675.3M741.6M785.4M824.7M
Common Stock Shares Outstanding54.9M54.7M54.5M54.1M54M48.3M
Liabilities And Stockholders Equity4.9B5.1B5.3B5.4B6.9B7.3B
Non Current Liabilities Total2.1B2.1B2.0B1.9B2.7B2.8B
Inventory633M607.3M662.1M740.7M832.9M874.5M
Other Current Assets62M261.4M246.3M84.3M200.2M210.2M
Other Stockholder Equity13.5M4.9M9.4M(345.2M)6.1M5.8M
Total Liab2.9B3.0B3.0B3.0B4.0B4.2B
Total Current Assets1.6B1.6B1.9B2.0B2.2B2.3B
Intangible Assets781.5M810.6M681.5M669.9M1.2B1.3B
Other Current Liab400.8M420.7M474.1M473.1M479.3M503.3M
Accounts Payable347.7M339.2M532.8M529.9M563.5M591.7M
Short Term Debt65.4M183.7M36.8M35.2M148M155.4M
Property Plant And Equipment Gross505.2M519.2M1.2B528M1.4B1.5B
Accumulated Other Comprehensive Income(332.9M)(329.2M)(330.8M)(345.2M)(312.4M)(296.8M)
Other Liab519.9M614.6M540.1M420.7M483.8M274.0M
Other Assets55.3M246M320.8M31.9M36.7M34.9M
Long Term Debt1.5B1.4B1.4B1.4B2.0B2.1B
Good Will1.8B1.9B1.9B2.0B2.5B2.7B
Property Plant Equipment505.2M519.2M459.5M528M607.2M419.5M
Current Deferred Revenue31M30.9M16.7M45.8M111.5M117.1M
Short Term Investments14.2M9.3M9.4M14.3M12.6M24.7M
Net Tangible Assets(646.2M)(663.9M)(323M)390.4M351.4M229.1M
Noncontrolling Interest In Consolidated Entity13.4M15.4M10.9M9.7M11.2M11.3M
Retained Earnings Total Equity2.3B2.4B2.6B2.7B3.1B2.2B
Long Term Debt Total1.5B1.4B1.4B1.4B1.7B1.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell'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 Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Electrical Components & Equipment 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 Hubbell. If investors know Hubbell 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 Hubbell 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
0.095
Dividend Share
4.88
Earnings Share
13.88
Revenue Per Share
105.077
Quarterly Revenue Growth
0.049
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell'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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell'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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell'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.