HUYA Short Term Investments vs Total Current Liabilities Analysis
HUYA Stock | USD 2.95 0.03 1.01% |
HUYA financial indicator trend analysis is much more than just examining HUYA Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HUYA Inc is a good investment. Please check the relationship between HUYA Short Term Investments and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUYA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Short Term Investments vs Total Current Liabilities
Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUYA Inc Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between HUYA's Short Term Investments and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of HUYA Inc, assuming nothing else is changed. The correlation between historical values of HUYA's Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of HUYA Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., HUYA's Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of HUYA balance sheet. It contains any investments HUYA Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that HUYA Inc can easily liquidate in the marketplace.Total Current Liabilities
Total Current Liabilities is an item on HUYA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HUYA Inc 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.Most indicators from HUYA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HUYA Inc 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 HUYA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. The current year's Sales General And Administrative To Revenue is expected to grow to 0.05, whereas Tax Provision is forecasted to decline to about 8.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 247.0M | 298.2M | 451.7M | 245.6M | Net Interest Income | 247.0M | 298.2M | 451.7M | 245.6M |
HUYA fundamental ratios Correlations
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HUYA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HUYA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.4B | 12.4B | 13.3B | 13.1B | 12.9B | 9.9B | |
Short Long Term Debt Total | 102.0M | 86.8M | 81.6M | 38.4M | 79.9M | 104.7M | |
Other Current Liab | 1.6B | 2.3B | 2.5B | 2.1B | 2.0B | 1.6B | |
Total Current Liabilities | 2.4B | 2.4B | 2.6B | 2.2B | 2.2B | 1.9B | |
Total Stockholder Equity | 8.7B | 9.8B | 10.5B | 10.8B | 10.6B | 7.8B | |
Other Liab | 164.9M | 191.5M | 123.6M | 93.9M | 108.0M | 111.8M | |
Net Tangible Assets | 8.6B | 9.7B | 10.4B | 10.8B | 12.4B | 7.1B | |
Property Plant And Equipment Net | 199.5M | 182.0M | 475.0M | 546.0M | 705.8M | 741.1M | |
Current Deferred Revenue | 846.0M | 485.9M | 459.5M | 445.6M | 431.1M | 475.2M | |
Net Debt | (1.0B) | (3.2B) | (1.7B) | (616.8M) | (432.1M) | (453.7M) | |
Retained Earnings | (2.0B) | (1.9B) | (1.3B) | (1.8B) | (2.1B) | (2.2B) | |
Accounts Payable | 3.7M | 10.1M | 12.6M | 22.5M | 15.0M | 11.2M | |
Cash | 1.1B | 3.3B | 1.8B | 655.2M | 512.0M | 486.4M | |
Non Current Assets Total | 774.7M | 1.1B | 1.3B | 2.7B | 4.8B | 5.0B | |
Non Currrent Assets Other | 104.9M | 379.5M | 150.9M | 1.2B | 144.1M | 136.9M | |
Other Assets | 150.7M | 427.8M | 171.1M | 110.9M | 127.5M | 159.4M | |
Cash And Short Term Investments | 10.1B | 10.5B | 11.0B | 9.7B | 7.4B | 7.7B | |
Net Receivables | 113.6M | 135.7M | 224.1M | 128.1M | 211.8M | 171.9M | |
Common Stock Total Equity | 81K | 133K | 144K | 155K | 178.3K | 112.9K | |
Common Stock Shares Outstanding | 232.0M | 238.6M | 241.8M | 241.4M | 243.0M | 216.5M | |
Short Term Investments | 9.0B | 7.2B | 9.2B | 9.0B | 6.9B | 6.5B | |
Liabilities And Stockholders Equity | 11.4B | 12.4B | 13.3B | 13.1B | 12.9B | 9.9B | |
Non Current Liabilities Total | 235.0M | 249.1M | 168.7M | 102.5M | 138.3M | 141.8M | |
Capital Lease Obligations | 102.0M | 86.8M | 81.6M | 38.4M | 79.9M | 53.4M | |
Inventory | 1.4M | 164.9M | 55.7M | (9.1B) | 18.1M | 19.0M | |
Other Current Assets | 400.6M | 660.4M | 733.1M | 9.7B | 575.7M | 546.9M | |
Other Stockholder Equity | 10.1B | 11.5B | 11.8B | 11.8B | 11.8B | 9.0B | |
Total Liab | 2.7B | 2.6B | 2.7B | 2.3B | 2.3B | 2.1B | |
Long Term Investments | 379.4M | 467.2M | 608.6M | 906.2M | 751.8M | 459.7M | |
Property Plant And Equipment Gross | 199.5M | 182.0M | 475.0M | 546.0M | 956.4M | 1.0B | |
Total Current Assets | 10.6B | 11.3B | 11.9B | 10.5B | 8.2B | 8.3B | |
Accumulated Other Comprehensive Income | 588.8M | 194.7M | 46.1M | 707.2M | 883.0M | 927.2M | |
Short Term Debt | 31.9M | 29.2M | 36.5M | 29.8M | 31.8M | 30.2M | |
Intangible Assets | 45.1M | 373.0M | 83.9M | 57.8M | 161.7M | 107.8M | |
Common Stock | 144K | 155K | 157K | 158K | 159K | 135.7K | |
Property Plant Equipment | 199.5M | 182.0M | 475.0M | 546.0M | 627.9M | 659.3M | |
Net Invested Capital | 8.7B | 9.8B | 10.5B | 10.8B | 10.6B | 8.9B | |
Net Working Capital | 8.1B | 8.9B | 9.3B | 8.3B | 6.0B | 7.3B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether HUYA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HUYA'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 Huya Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huya Inc Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUYA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Interactive Home Entertainment 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 HUYA. If investors know HUYA 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 HUYA 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 0.424 | Earnings Share (0.08) | Revenue Per Share 26.306 | Quarterly Revenue Growth (0.15) | Return On Assets (0.02) |
The market value of HUYA Inc is measured differently than its book value, which is the value of HUYA that is recorded on the company's balance sheet. Investors also form their own opinion of HUYA's value that differs from its market value or its book value, called intrinsic value, which is HUYA'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 HUYA's market value can be influenced by many factors that don't directly affect HUYA'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 HUYA's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUYA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUYA'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.