Hub Total Current Assets vs Cash Analysis
| HUBCZ Stock | 0.02 0.01 92.31% |
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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Cyber Security Total Current Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hub Cyber's Total Current Assets and Cash is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets 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 Total Current Assets of Hub Cyber Security 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 Total Current Assets i.e., Hub Cyber's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash
Cash refers to the most liquid asset of Hub Cyber Security, which is listed under current asset account on Hub Cyber Security balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hub Cyber customers. The amounts must be unrestricted with restricted cash listed in a different Hub Cyber 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 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
Click cells to compare fundamentals
Hub Cyber Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.Additional Tools for Hub Stock Analysis
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.