Hub Net Working Capital vs Other Current Liab Analysis
HUBCZ Stock | 0.02 0.01 81.82% |
Hub Cyber financial indicator trend analysis is much more than just examining Hub Cyber Security latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub Cyber Security is a good investment. Please check the relationship between Hub Cyber Net Working Capital and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Working Capital vs Other Current Liab
Net Working Capital vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Cyber Security Net Working Capital account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hub Cyber's Net Working Capital and Other Current Liab is -0.18. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Hub Cyber Security, assuming nothing else is changed. The correlation between historical values of Hub Cyber's Net Working Capital and Other Current Liab 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 Working Capital of Hub Cyber Security are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Working Capital i.e., Hub Cyber's Net Working Capital and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Other Current Liab
Most indicators from Hub Cyber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub Cyber Security 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 Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Hub Cyber's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.98 in 2024, whereas Selling General Administrative is likely to drop slightly above 24.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.2M | 4.1M | 6.4M | 7.4M | Total Revenue | 103.3M | 50.0M | 79.7M | 76.1M |
Hub Cyber fundamental ratios Correlations
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Hub Cyber Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Hub Cyber's price analysis, check to measure Hub Cyber's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hub Cyber is operating at the current time. Most of Hub Cyber's value examination focuses on studying past and present price action to predict the probability of Hub Cyber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub Cyber's price. Additionally, you may evaluate how the addition of Hub Cyber to your portfolios can decrease your overall portfolio volatility.