Humatech Net Receivables vs Property Plant Equipment 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 Net Receivables and its Property Plant Equipment 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.
Net Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humatech Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Humatech's Net Receivables and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Humatech, assuming nothing else is changed. The correlation between historical values of Humatech's Net Receivables and Property Plant Equipment 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 Receivables of Humatech are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Humatech's Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Property Plant Equipment
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 Revenue | 248.5K | 1.1M | 1.2M | 1.3M | Research Development | 53.6K | 775.0 | 697.5 | 662.63 |
Humatech fundamental ratios Correlations
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Humatech Account Relationship Matchups
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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.