Huron Net Receivables vs Non Current Liabilities Total Analysis

HURN Stock  USD 123.92  1.91  1.57%   
Huron Consulting financial indicator trend analysis is much more than just examining Huron Consulting latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huron Consulting is a good investment. Please check the relationship between Huron Consulting Net Receivables and its Non Current Liabilities Total accounts. 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huron Consulting Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Huron Consulting's Net Receivables and Non Current Liabilities Total is 0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Huron Consulting Group, assuming nothing else is changed. The correlation between historical values of Huron Consulting's Net Receivables and Non Current Liabilities Total 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 Huron Consulting Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Huron Consulting's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Non Current Liabilities Total

Most indicators from Huron Consulting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop about 145 M.
 2021 2022 2023 2024 (projected)
Gross Profit268.8M346.4M394.4M245.2M
Total Revenue927.0M1.2B1.4B745.4M

Huron Consulting fundamental ratios Correlations

0.90.570.60.950.630.520.770.720.620.240.950.30.310.740.240.57-0.390.770.8-0.250.320.950.480.72-0.05
0.90.470.580.780.50.620.760.610.630.230.830.30.230.780.230.55-0.370.660.79-0.110.50.930.440.710.06
0.570.470.540.420.510.140.540.870.38-0.010.490.810.320.37-0.010.90.240.260.47-0.660.070.670.860.52-0.2
0.60.580.540.490.440.480.570.40.510.00.540.470.20.020.00.54-0.030.420.12-0.230.240.660.440.510.6
0.950.780.420.490.580.480.620.620.530.290.940.10.260.660.290.4-0.550.870.71-0.130.260.820.330.62-0.04
0.630.50.510.440.580.520.520.370.320.030.620.570.560.310.030.42-0.210.540.48-0.340.030.610.670.4-0.14
0.520.620.140.480.480.520.590.140.09-0.230.60.230.470.24-0.230.15-0.420.540.30.040.510.50.310.110.3
0.770.760.540.570.620.520.590.620.54-0.360.840.460.260.58-0.360.55-0.160.40.68-0.480.270.840.50.29-0.01
0.720.610.870.40.620.370.140.620.450.040.670.550.190.620.040.840.00.390.68-0.580.180.740.70.54-0.28
0.620.630.380.510.530.320.090.540.450.110.510.28-0.260.470.110.57-0.380.50.470.00.30.650.260.610.16
0.240.23-0.010.00.290.03-0.23-0.360.040.110.02-0.270.030.281.0-0.05-0.170.30.210.28-0.080.16-0.120.64-0.06
0.950.830.490.540.940.620.60.840.670.510.020.240.340.670.020.45-0.450.740.75-0.340.250.880.420.47-0.05
0.30.30.810.470.10.570.230.460.550.28-0.270.240.470.13-0.270.810.310.080.27-0.570.120.470.880.32-0.06
0.310.230.320.20.260.560.470.260.19-0.260.030.340.470.140.030.110.00.170.3-0.48-0.060.340.380.12-0.18
0.740.780.370.020.660.310.240.580.620.470.280.670.130.140.280.44-0.270.480.97-0.130.310.740.330.59-0.49
0.240.23-0.010.00.290.03-0.23-0.360.040.111.00.02-0.270.030.28-0.05-0.170.30.210.28-0.080.16-0.120.64-0.06
0.570.550.90.540.40.420.150.550.840.57-0.050.450.810.110.44-0.050.130.360.49-0.40.290.680.860.61-0.05
-0.39-0.370.24-0.03-0.55-0.21-0.42-0.160.0-0.38-0.17-0.450.310.0-0.27-0.170.13-0.71-0.23-0.35-0.27-0.20.24-0.09-0.18
0.770.660.260.420.870.540.540.40.390.50.30.740.080.170.480.30.36-0.710.480.190.390.60.310.540.18
0.80.790.470.120.710.480.30.680.680.470.210.750.270.30.970.210.49-0.230.48-0.290.280.820.430.6-0.52
-0.25-0.11-0.66-0.23-0.13-0.340.04-0.48-0.580.00.28-0.34-0.57-0.48-0.130.28-0.4-0.350.19-0.290.43-0.35-0.480.040.33
0.320.50.070.240.260.030.510.270.180.3-0.080.250.12-0.060.31-0.080.29-0.270.390.280.430.340.160.350.21
0.950.930.670.660.820.610.50.840.740.650.160.880.470.340.740.160.68-0.20.60.82-0.350.340.580.75-0.05
0.480.440.860.440.330.670.310.50.70.26-0.120.420.880.380.33-0.120.860.240.310.43-0.480.160.580.43-0.16
0.720.710.520.510.620.40.110.290.540.610.640.470.320.120.590.640.61-0.090.540.60.040.350.750.43-0.01
-0.050.06-0.20.6-0.04-0.140.3-0.01-0.280.16-0.06-0.05-0.06-0.18-0.49-0.06-0.05-0.180.18-0.520.330.21-0.05-0.16-0.01
Click cells to compare fundamentals

Huron Consulting Account Relationship Matchups

Huron Consulting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.2B1.3B850.3M
Short Long Term Debt Total285.6M273.9M297.2M346.1M373.9M249.9M
Other Current Liab160.2M146.0M163.9M205.2M270.0M283.5M
Total Current Liabilities204.5M193.4M205.2M245.7M302.6M171.8M
Total Stockholder Equity585.5M551.9M571.9M552.0M532.9M426.0M
Property Plant And Equipment Net93.4M68.5M66.3M56.4M47.9M42.0M
Current Deferred Revenue28.4M34.7M19.2M21.9M22.5M19.0M
Net Debt274.0M206.7M276.5M334.3M361.7M196.8M
Retained Earnings237.8M214.0M277.0M352.5M415.0M435.8M
Accounts Payable7.9M648K13.6M14.3M10.1M7.7M
Cash11.6M67.2M20.8M11.8M12.1M11.5M
Non Current Assets Total879.5M820.5M861.7M870.6M861.7M625.0M
Non Currrent Assets Other52.2M62.1M68.2M73.0M92.3M97.0M
Other Assets37.7M176.6M70.0M43.3M49.8M31.8M
Long Term Debt208.3M202.8M232.2M290M324M210.5M
Cash And Short Term Investments11.6M67.2M20.8M11.8M12.1M11.5M
Net Receivables198.9M141.6M221.7M290.6M359.8M377.8M
Common Stock Total Equity244K247K246K239K274.9K249.4K
Common Stock Shares Outstanding22.5M21.9M21.8M20.7M19.6M21.7M
Liabilities And Stockholders Equity1.1B1.1B1.1B1.2B1.3B850.3M
Non Current Liabilities Total314.3M312.2M342.3M401.3M426.7M252.6M
Other Current Assets14.2M16.6M15.2M26.1M28.5M20.8M
Total Liab518.8M505.5M547.4M647M729.3M424.4M
Property Plant And Equipment Gross93.4M68.5M66.3M56.4M108.5M114.0M
Total Current Assets224.7M237.0M257.7M328.5M400.5M225.4M
Accumulated Other Comprehensive Income14.9M13.1M16.8M18.1M22.8M24.0M
Short Term Debt8.0M18.0M20.8M21.1M22.1M33.6M
Intangible Assets31.6M20.5M31.9M23.4M18.1M34.2M
Common Stock247K246K239K223K212K248.5K
Property Plant Equipment38.4M29.1M31.0M56.4M64.9M34.7M
Other Stockholder Equity332.4M324.6M277.8M181.2M94.8M90.1M
Other Liab36.3M47.6M55.7M65.8M75.6M79.4M
Good Will646.7M594.2M620.9M625.0M625.7M570.7M
Treasury Stock(124.8M)(128.3M)(129.9M)(136.0M)(122.4M)(128.5M)
Net Tangible Assets585.5M(62.8M)(80.9M)(122.5M)(140.9M)(133.9M)
Retained Earnings Total Equity196.1M237.8M214.0M277.0M318.5M213.3M
Long Term Debt Total53.9M208.3M202.8M232.2M209.0M186.6M
Capital Surpluse452.6M460.8M454.5M413.8M475.9M471.0M

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

  0.82G Genpact LimitedPairCorr
  0.66BR Broadridge FinancialPairCorr
  0.72BV BrightView HoldingsPairCorr

Moving against Huron Stock

  0.79MG Mistras GroupPairCorr
  0.72VCIG VCI Global LimitedPairCorr
  0.68VLTO VeraltoPairCorr
  0.5FA First Advantage CorpPairCorr
  0.35FC Franklin CoveyPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Huron Consulting offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huron Consulting's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huron Consulting Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huron Consulting Group Stock:
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.