Humatech Book Value Per Share vs Average Payables Analysis

HUMT Stock  USD 0.0001  0.00  0.00%   
Humatech financial indicator trend analysis is much more than just examining Humatech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humatech is a good investment. Please check the relationship between Humatech Book Value Per Share and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humatech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Humatech Stock please use our How to Invest in Humatech guide.

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humatech Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have pay attention.
The correlation between Humatech's Book Value Per Share and Average Payables is -1.0. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Humatech, assuming nothing else is changed. The correlation between historical values of Humatech's Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Humatech are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., Humatech's Book Value Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Most indicators from Humatech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humatech 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 Humatech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Humatech Stock please use our How to Invest in Humatech guide.At this time, Humatech's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.86 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.38) in 2024.
 2010 2011 2023 2024 (projected)
Cost Of Revenue248.5K1.1M1.2M1.3M
Research Development53.6K775.0697.5662.63

Humatech fundamental ratios Correlations

0.140.99-0.65-0.650.34-0.310.51-0.67-0.820.450.320.990.880.99-0.56-0.78-0.75
0.140.250.00.0-0.590.88-0.670.620.41-0.740.550.29-0.250.290.740.510.49
0.990.25-0.62-0.620.28-0.210.43-0.59-0.760.370.391.00.841.0-0.46-0.7-0.68
-0.650.0-0.621.00.230.14-0.10.360.43-0.090.45-0.6-0.4-0.60.40.530.32
-0.650.0-0.621.00.230.14-0.10.360.43-0.090.45-0.6-0.4-0.60.40.530.32
0.34-0.590.280.230.23-0.840.94-0.82-0.760.930.320.260.730.26-0.76-0.7-0.84
-0.310.88-0.210.140.14-0.84-0.940.910.79-0.970.22-0.18-0.68-0.180.950.830.85
0.51-0.670.43-0.1-0.10.94-0.94-0.96-0.911.00.10.410.850.41-0.93-0.89-0.95
-0.670.62-0.590.360.36-0.820.91-0.960.97-0.950.0-0.56-0.92-0.560.980.980.99
-0.820.41-0.760.430.43-0.760.79-0.910.97-0.88-0.15-0.74-0.98-0.740.910.980.99
0.45-0.740.37-0.09-0.090.93-0.971.0-0.95-0.880.030.340.810.34-0.94-0.88-0.93
0.320.550.390.450.450.320.220.10.0-0.150.030.420.30.420.20.04-0.16
0.990.291.0-0.6-0.60.26-0.180.41-0.56-0.740.340.420.821.0-0.43-0.68-0.66
0.88-0.250.84-0.4-0.40.73-0.680.85-0.92-0.980.810.30.820.82-0.82-0.94-0.97
0.990.291.0-0.6-0.60.26-0.180.41-0.56-0.740.340.421.00.82-0.43-0.68-0.66
-0.560.74-0.460.40.4-0.760.95-0.930.980.91-0.940.2-0.43-0.82-0.430.960.93
-0.780.51-0.70.530.53-0.70.83-0.890.980.98-0.880.04-0.68-0.94-0.680.960.97
-0.750.49-0.680.320.32-0.840.85-0.950.990.99-0.93-0.16-0.66-0.97-0.660.930.97
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Humatech Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Humatech Stock Analysis

When running Humatech's price analysis, check to measure Humatech'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 Humatech is operating at the current time. Most of Humatech's value examination focuses on studying past and present price action to predict the probability of Humatech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Humatech's price. Additionally, you may evaluate how the addition of Humatech to your portfolios can decrease your overall portfolio volatility.