| HUD Stock | | | 3.15 0.15 5.00% |
Huddled Group financial indicator trend analysis is much more than just examining Huddled Group Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huddled Group Plc is a good investment. Please check the relationship between Huddled Group Net Debt and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huddled Group Plc. 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 economic analysis.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huddled Group Plc Net Debt account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Huddled Group's Net Debt and Accounts Payable is -0.21. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Huddled Group Plc, assuming nothing else is changed. The correlation between historical values of Huddled Group's Net Debt and Accounts Payable 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 Debt of Huddled Group Plc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., Huddled Group's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Accounts Payable
An accounting item on the balance sheet that represents Huddled Group 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 Huddled Group Plc 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.
Most indicators from Huddled Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huddled Group Plc 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 Huddled Group Plc. 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 economic analysis.
As of December 2, 2024,
Selling General Administrative is expected to decline to about 2.5
MHuddled Group fundamental ratios Correlations
Click cells to compare fundamentals
Huddled Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huddled Group fundamental ratios Accounts
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Other Information on Investing in Huddled Stock
Balance Sheet is a snapshot of the
financial position of Huddled Group Plc at a specified time, usually calculated after every quarter, six months, or one year. Huddled Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huddled Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Huddled currently owns. An asset can also be divided into two categories, current and non-current.