Huron Pb Ratio vs Capex To Depreciation Analysis
HURN Stock | USD 122.81 0.89 0.72% |
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 Pb Ratio and its Capex To Depreciation 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.
Pb Ratio vs Capex To Depreciation
Pb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huron Consulting Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Huron Consulting's Pb Ratio and Capex To Depreciation is -0.02. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation 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 Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Huron Consulting Group are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., Huron Consulting's Pb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 29th 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 Profit | 268.8M | 346.4M | 419.3M | 246.4M | Total Revenue | 927.0M | 1.2B | 1.4B | 745.4M |
Huron Consulting fundamental ratios Correlations
Click cells to compare fundamentals
Huron Consulting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huron Consulting fundamental ratios 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
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Moving against Huron Stock
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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 4.56 | 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.