Huron Historical Balance Sheet
HURN Stock | USD 123.92 1.91 1.57% |
Trend analysis of Huron Consulting Group balance sheet accounts such as Other Current Liabilities of 283.5 M or Total Current Liabilities of 171.8 M provides information on Huron Consulting's total assets, liabilities, and equity, which is the actual value of Huron Consulting to its prevalent stockholders. By breaking down trends over time using Huron Consulting balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Huron Consulting latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Huron Consulting is a good buy for the upcoming year.
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About Huron Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Huron Consulting at a specified time, usually calculated after every quarter, six months, or one year. Huron Consulting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huron Consulting 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 Huron currently owns. An asset can also be divided into two categories, current and non-current.
Huron Consulting Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Huron Consulting assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Huron Consulting books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Huron Consulting balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huron Consulting Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Most accounts from Huron Consulting's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Huron Consulting current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Huron Consulting 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 metropolitan statistical area. At this time, Huron Consulting's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 22nd of November 2024, Short Term Debt is likely to grow to about 33.6 M, while Total Assets are likely to drop about 850.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 297.2M | 346.1M | 373.9M | 249.9M | Total Assets | 1.1B | 1.2B | 1.3B | 850.3M |
Huron Consulting balance sheet Correlations
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Huron Consulting Account Relationship Matchups
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Huron Consulting balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 850.3M | |
Short Long Term Debt Total | 285.6M | 273.9M | 297.2M | 346.1M | 373.9M | 249.9M | |
Other Current Liab | 160.2M | 146.0M | 163.9M | 205.2M | 270.0M | 283.5M | |
Total Current Liabilities | 204.5M | 193.4M | 205.2M | 245.7M | 302.6M | 171.8M | |
Total Stockholder Equity | 585.5M | 551.9M | 571.9M | 552.0M | 532.9M | 426.0M | |
Property Plant And Equipment Net | 93.4M | 68.5M | 66.3M | 56.4M | 47.9M | 42.0M | |
Current Deferred Revenue | 28.4M | 34.7M | 19.2M | 21.9M | 22.5M | 19.0M | |
Net Debt | 274.0M | 206.7M | 276.5M | 334.3M | 361.7M | 196.8M | |
Retained Earnings | 237.8M | 214.0M | 277.0M | 352.5M | 415.0M | 435.8M | |
Accounts Payable | 7.9M | 648K | 13.6M | 14.3M | 10.1M | 7.7M | |
Cash | 11.6M | 67.2M | 20.8M | 11.8M | 12.1M | 11.5M | |
Non Current Assets Total | 879.5M | 820.5M | 861.7M | 870.6M | 861.7M | 625.0M | |
Non Currrent Assets Other | 52.2M | 62.1M | 68.2M | 73.0M | 92.3M | 97.0M | |
Other Assets | 37.7M | 176.6M | 70.0M | 43.3M | 49.8M | 31.8M | |
Long Term Debt | 208.3M | 202.8M | 232.2M | 290M | 324M | 210.5M | |
Cash And Short Term Investments | 11.6M | 67.2M | 20.8M | 11.8M | 12.1M | 11.5M | |
Net Receivables | 198.9M | 141.6M | 221.7M | 290.6M | 359.8M | 377.8M | |
Common Stock Total Equity | 244K | 247K | 246K | 239K | 274.9K | 249.4K | |
Common Stock Shares Outstanding | 22.5M | 21.9M | 21.8M | 20.7M | 19.6M | 21.7M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 850.3M | |
Non Current Liabilities Total | 314.3M | 312.2M | 342.3M | 401.3M | 426.7M | 252.6M | |
Other Current Assets | 14.2M | 16.6M | 15.2M | 26.1M | 28.5M | 20.8M | |
Total Liab | 518.8M | 505.5M | 547.4M | 647M | 729.3M | 424.4M | |
Property Plant And Equipment Gross | 93.4M | 68.5M | 66.3M | 56.4M | 108.5M | 114.0M | |
Total Current Assets | 224.7M | 237.0M | 257.7M | 328.5M | 400.5M | 225.4M | |
Accumulated Other Comprehensive Income | 14.9M | 13.1M | 16.8M | 18.1M | 22.8M | 24.0M | |
Short Term Debt | 8.0M | 18.0M | 20.8M | 21.1M | 22.1M | 33.6M | |
Intangible Assets | 31.6M | 20.5M | 31.9M | 23.4M | 18.1M | 34.2M | |
Common Stock | 247K | 246K | 239K | 223K | 212K | 248.5K | |
Property Plant Equipment | 38.4M | 29.1M | 31.0M | 56.4M | 64.9M | 34.7M | |
Other Stockholder Equity | 332.4M | 324.6M | 277.8M | 181.2M | 94.8M | 90.1M | |
Other Liab | 36.3M | 47.6M | 55.7M | 65.8M | 75.6M | 79.4M | |
Good Will | 646.7M | 594.2M | 620.9M | 625.0M | 625.7M | 570.7M | |
Treasury Stock | (124.8M) | (128.3M) | (129.9M) | (136.0M) | (122.4M) | (128.5M) | |
Net Tangible Assets | 585.5M | (62.8M) | (80.9M) | (122.5M) | (140.9M) | (133.9M) | |
Retained Earnings Total Equity | 196.1M | 237.8M | 214.0M | 277.0M | 318.5M | 213.3M | |
Long Term Debt Total | 53.9M | 208.3M | 202.8M | 232.2M | 209.0M | 186.6M | |
Capital Surpluse | 452.6M | 460.8M | 454.5M | 413.8M | 475.9M | 471.0M |
Pair Trading with Huron Consulting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Huron Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Huron Consulting will appreciate offsetting losses from the drop in the long position's value.Moving together with Huron Stock
0.82 | G | Genpact Limited | PairCorr |
0.66 | BR | Broadridge Financial | PairCorr |
0.72 | BV | BrightView Holdings | PairCorr |
Moving against Huron Stock
0.79 | MG | Mistras Group | PairCorr |
0.72 | VCIG | VCI Global Limited | PairCorr |
0.68 | VLTO | Veralto | PairCorr |
0.5 | FA | First Advantage Corp | PairCorr |
0.35 | FC | Franklin Covey | PairCorr |
The ability to find closely correlated positions to Huron Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huron Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Huron Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Huron Consulting Group to buy it.
The correlation of Huron Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huron Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huron Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Huron Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huron Consulting 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 metropolitan statistical area. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Research & Consulting Services 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 Huron Consulting. If investors know Huron 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 Huron Consulting 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 0.336 | Earnings Share 4.57 | Revenue Per Share 79.452 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0708 |
The market value of Huron Consulting is measured differently than its book value, which is the value of Huron that is recorded on the company's balance sheet. Investors also form their own opinion of Huron Consulting's value that differs from its market value or its book value, called intrinsic value, which is Huron Consulting'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 Huron Consulting's market value can be influenced by many factors that don't directly affect Huron Consulting'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 Huron Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huron Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huron Consulting'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.