Hub Accounts Payable vs Non Currrent Assets Other Analysis

HUBG Stock  USD 51.01  1.06  2.12%   
Hub financial indicator trend analysis is much more than just examining Hub Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub Group is a good investment. Please check the relationship between Hub Accounts Payable and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Group. 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.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Group Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Hub's Accounts Payable and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Hub Group, assuming nothing else is changed. The correlation between historical values of Hub's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Hub Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Hub's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Hub obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hub Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Hub's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub Group 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 Group. 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.
At this time, Hub's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Operating Income238.5M474.7M212.2M106.7M
Other Operating Expenses4.0B4.9B4.0B2.5B

Hub fundamental ratios Correlations

0.960.680.791.00.990.831.00.690.60.990.110.60.70.980.430.250.980.94-0.910.990.930.730.970.760.5
0.960.560.690.940.980.930.960.550.480.970.150.480.560.940.250.050.980.95-0.960.960.960.590.990.720.52
0.680.560.890.660.680.40.630.760.690.63-0.130.690.850.610.610.240.610.46-0.450.690.410.880.570.240.06
0.790.690.890.770.770.580.740.940.640.75-0.010.640.960.730.610.150.720.62-0.610.80.580.940.710.390.21
1.00.940.660.770.970.81.00.660.620.990.080.620.680.990.420.250.960.95-0.890.970.920.720.960.750.5
0.990.980.680.770.970.870.980.640.560.990.170.560.650.960.390.170.990.93-0.930.990.940.680.980.730.48
0.830.930.40.580.80.870.830.470.140.870.30.140.440.830.14-0.060.870.84-0.890.850.890.380.90.640.41
1.00.960.630.741.00.980.830.630.60.990.090.60.650.990.390.220.970.96-0.930.980.950.690.980.770.52
0.690.550.760.940.660.640.470.630.510.630.070.510.970.630.670.280.60.52-0.480.710.470.90.570.390.22
0.60.480.690.640.620.560.140.60.510.54-0.321.00.60.530.430.190.550.51-0.460.570.440.80.520.310.34
0.990.970.630.750.990.990.870.990.630.540.170.540.630.990.370.190.980.95-0.930.980.960.660.990.760.48
0.110.15-0.13-0.010.080.170.30.090.07-0.320.17-0.32-0.10.150.170.170.20.01-0.150.160.25-0.190.120.36-0.12
0.60.480.690.640.620.560.140.60.511.00.54-0.320.60.530.430.190.550.51-0.460.570.440.80.520.310.34
0.70.560.850.960.680.650.440.650.970.60.63-0.10.60.630.70.30.610.53-0.490.720.450.960.580.360.24
0.980.940.610.730.990.960.830.990.630.530.990.150.530.630.420.270.950.95-0.890.960.940.650.960.790.47
0.430.250.610.610.420.390.140.390.670.430.370.170.430.70.420.780.410.3-0.260.450.280.670.240.560.17
0.250.050.240.150.250.17-0.060.220.280.190.190.170.190.30.270.780.220.18-0.070.250.150.280.050.570.24
0.980.980.610.720.960.990.870.970.60.550.980.20.550.610.950.410.220.94-0.950.990.960.650.970.80.54
0.940.950.460.620.950.930.840.960.520.510.950.010.510.530.950.30.180.94-0.950.930.960.580.960.810.63
-0.91-0.96-0.45-0.61-0.89-0.93-0.89-0.93-0.48-0.46-0.93-0.15-0.46-0.49-0.89-0.26-0.07-0.95-0.95-0.92-0.97-0.53-0.95-0.79-0.55
0.990.960.690.80.970.990.850.980.710.570.980.160.570.720.960.450.250.990.93-0.920.920.730.960.750.5
0.930.960.410.580.920.940.890.950.470.440.960.250.440.450.940.280.150.960.96-0.970.920.490.960.850.59
0.730.590.880.940.720.680.380.690.90.80.66-0.190.80.960.650.670.280.650.58-0.530.730.490.610.380.32
0.970.990.570.710.960.980.90.980.570.520.990.120.520.580.960.240.050.970.96-0.950.960.960.610.70.48
0.760.720.240.390.750.730.640.770.390.310.760.360.310.360.790.560.570.80.81-0.790.750.850.380.70.61
0.50.520.060.210.50.480.410.520.220.340.48-0.120.340.240.470.170.240.540.63-0.550.50.590.320.480.61
Click cells to compare fundamentals

Hub Account Relationship Matchups

Hub fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.4B2.8B2.9B3.1B
Short Long Term Debt Total323.6M318.6M322.3M451.7M575.5M604.3M
Other Current Liab143.8M126.5M139.6M183.8M111.2M69.4M
Total Current Liabilities507.4M529.1M687.1M691.8M658.2M334.8M
Total Stockholder Equity1.1B1.2B1.3B1.6B1.6B1.7B
Property Plant And Equipment Net704.6M718.2M726.7M887.0M1.0B1.1B
Net Debt154.8M194.1M162.5M165.1M388.2M407.7M
Retained Earnings1.2B1.3B1.4B1.8B1.9B2.0B
Accounts Payable257.2M285.3M424.9M344.8M349.4M220.3M
Cash168.7M124.5M159.8M286.6M187.3M98.8M
Non Current Assets Total1.4B1.4B1.5B1.8B2.1B2.2B
Non Currrent Assets Other41.3M41.8M42.7M(66.0M)43.5M45.7M
Cash And Short Term Investments168.7M124.5M159.8M286.6M187.3M98.9M
Net Receivables446.8M520.2M704.5M720.2M603.6M348.6M
Good Will484.5M508.6M576.9M629.4M733.7M770.4M
Common Stock Shares Outstanding67.0M67.1M67.8M67.1M64.0M75.0M
Liabilities And Stockholders Equity2.0B2.1B2.4B2.8B2.9B3.1B
Non Current Liabilities Total408.9M418.4M409.9M518.7M643.2M675.4M
Other Current Assets24.1M28.1M30.0M49.9M58.4M61.3M
Other Stockholder Equity(104.6M)(95.5M)(84.5M)(182.5M)(315.1M)(299.3M)
Total Liab916.3M947.5M1.1B1.2B1.3B1.4B
Property Plant And Equipment Gross704.6M718.2M726.7M887.0M1.6B1.7B
Total Current Assets640.2M672.8M894.3M1.1B849.2M453.6M
Accumulated Other Comprehensive Income(186K)(191K)(207K)(214K)(129K)(135.5K)
Short Term Debt106.3M117.3M122.5M163.2M197.6M207.5M
Inventory630K1.3M2.2M17.0M19.5M20.5M
Other Assets26.9M89.0M42.7M28.2M32.4M22.6M
Long Term Debt186.9M176.8M177.5M240.7M245.6M133.1M
Intangible Assets121.0M164.0M196.7M197.4M304.6M319.8M
Property Plant Equipment663.2M671.1M726.7M783.7M901.2M946.3M
Treasury Stock(268.7M)(266.1M)(258.3M)(374.9M)(337.4M)(320.5M)
Other Liab191.7M205.2M197.5M199.4M229.3M240.8M
Net Tangible Assets500.2M521.8M566.7M851.4M979.1M1.0B
Retained Earnings Total Equity1.2B1.3B1.4B1.8B2.0B2.2B
Capital Surpluse179.6M186.1M189.3M208.2M239.4M194.7M
Deferred Long Term Liab155.3M162.3M155.9M155.9M179.3M148.2M

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When determining whether Hub Group is a strong investment it is important to analyze Hub's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hub's future performance. For an informed investment choice regarding Hub Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Group. 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.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Air Freight & Logistics 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 Hub. If investors know Hub 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 Hub 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
(0.19)
Dividend Share
0.375
Earnings Share
1.77
Revenue Per Share
64.815
Quarterly Revenue Growth
(0.04)
The market value of Hub Group is measured differently than its book value, which is the value of Hub that is recorded on the company's balance sheet. Investors also form their own opinion of Hub's value that differs from its market value or its book value, called intrinsic value, which is Hub'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 Hub's market value can be influenced by many factors that don't directly affect Hub'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 Hub's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hub is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hub'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.