HUYA Total Current Liabilities vs Other Current Assets Analysis

HUYA Stock  USD 2.99  0.03  0.99%   
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 Total Current Liabilities and its Other Current Assets 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.

Total Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUYA Inc Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between HUYA's Total Current Liabilities and Other Current Assets is 0.39. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets 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 Total Current Liabilities and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of HUYA Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., HUYA's Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Income247.0M298.2M451.7M245.6M
Net Interest Income247.0M298.2M451.7M245.6M

HUYA fundamental ratios Correlations

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-0.84-0.81-0.8-0.84-0.71-0.84-0.64-0.730.510.91-0.7-0.52-0.57-0.54-0.83-0.68-0.84-0.85-0.680.33-0.41-0.79-0.58-0.830.98
0.99-0.810.980.990.90.980.80.81-0.74-0.830.810.750.680.590.970.730.990.960.88-0.340.440.970.730.98-0.87
0.99-0.80.980.980.950.970.770.91-0.73-0.870.750.750.650.530.990.760.980.990.94-0.280.391.00.70.99-0.87
1.0-0.840.990.980.90.990.820.86-0.68-0.890.840.690.720.610.980.770.990.980.88-0.370.470.980.750.98-0.9
0.91-0.710.90.950.90.880.60.92-0.85-0.840.580.860.530.410.950.690.910.910.99-0.110.220.960.550.94-0.8
0.99-0.840.980.970.990.880.830.84-0.65-0.880.830.670.730.590.960.760.990.960.86-0.350.450.970.760.96-0.89
0.81-0.640.80.770.820.60.830.6-0.27-0.720.820.290.960.480.730.640.820.770.58-0.360.440.760.990.74-0.71
0.87-0.730.810.910.860.920.840.6-0.61-0.880.550.630.510.380.910.750.860.910.91-0.170.260.920.540.9-0.8
-0.690.51-0.74-0.73-0.68-0.85-0.65-0.27-0.610.56-0.4-1.0-0.18-0.32-0.76-0.51-0.68-0.66-0.840.0-0.1-0.74-0.2-0.760.57
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0.82-0.70.810.750.840.580.830.820.55-0.4-0.70.410.730.830.750.680.790.780.51-0.690.760.730.750.76-0.68
0.71-0.520.750.750.690.860.670.290.63-1.0-0.570.410.190.330.770.520.690.680.850.00.10.760.220.77-0.58
0.71-0.570.680.650.720.530.730.960.51-0.18-0.70.730.190.390.60.560.720.640.5-0.260.340.640.990.61-0.64
0.59-0.540.590.530.610.410.590.480.38-0.32-0.460.830.330.390.570.280.580.590.35-0.940.970.520.380.57-0.49
0.98-0.830.970.990.980.950.960.730.91-0.76-0.880.750.770.60.570.750.980.990.93-0.320.420.990.651.0-0.89
0.77-0.680.730.760.770.690.760.640.75-0.51-0.830.680.520.560.280.750.710.760.64-0.070.160.760.60.76-0.7
0.99-0.840.990.980.990.910.990.820.86-0.68-0.880.790.690.720.580.980.710.980.9-0.340.440.980.760.98-0.91
0.98-0.850.960.990.980.910.960.770.91-0.66-0.890.780.680.640.590.990.760.980.89-0.370.470.980.680.99-0.9
0.89-0.680.880.940.880.990.860.580.91-0.84-0.80.510.850.50.350.930.640.90.89-0.060.170.950.530.93-0.78
-0.350.33-0.34-0.28-0.37-0.11-0.35-0.36-0.170.00.22-0.690.0-0.26-0.94-0.32-0.07-0.34-0.37-0.06-0.99-0.27-0.25-0.320.26
0.45-0.410.440.390.470.220.450.440.26-0.1-0.310.760.10.340.970.420.160.440.470.17-0.990.370.330.42-0.35
0.99-0.790.971.00.980.960.970.760.92-0.74-0.870.730.760.640.520.990.760.980.980.95-0.270.370.690.99-0.86
0.74-0.580.730.70.750.550.760.990.54-0.2-0.690.750.220.990.380.650.60.760.680.53-0.250.330.690.65-0.66
0.98-0.830.980.990.980.940.960.740.9-0.76-0.880.760.770.610.571.00.760.980.990.93-0.320.420.990.65-0.89
-0.890.98-0.87-0.87-0.9-0.8-0.89-0.71-0.80.570.94-0.68-0.58-0.64-0.49-0.89-0.7-0.91-0.9-0.780.26-0.35-0.86-0.66-0.89
Click cells to compare fundamentals

HUYA Account Relationship Matchups

HUYA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B12.4B13.3B13.1B12.9B9.9B
Short Long Term Debt Total102.0M86.8M81.6M38.4M79.9M104.7M
Other Current Liab1.6B2.3B2.5B2.1B2.0B1.6B
Total Current Liabilities2.4B2.4B2.6B2.2B2.2B1.9B
Total Stockholder Equity8.7B9.8B10.5B10.8B10.6B7.8B
Other Liab164.9M191.5M123.6M93.9M108.0M111.8M
Net Tangible Assets8.6B9.7B10.4B10.8B12.4B7.1B
Property Plant And Equipment Net199.5M182.0M475.0M546.0M705.8M741.1M
Current Deferred Revenue846.0M485.9M459.5M445.6M431.1M475.2M
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 Payable3.7M10.1M12.6M22.5M15.0M11.2M
Cash1.1B3.3B1.8B655.2M512.0M486.4M
Non Current Assets Total774.7M1.1B1.3B2.7B4.8B5.0B
Non Currrent Assets Other104.9M379.5M150.9M1.2B144.1M136.9M
Other Assets150.7M427.8M171.1M110.9M127.5M159.4M
Cash And Short Term Investments10.1B10.5B11.0B9.7B7.4B7.7B
Net Receivables113.6M135.7M224.1M128.1M211.8M171.9M
Common Stock Total Equity81K133K144K155K178.3K112.9K
Common Stock Shares Outstanding232.0M238.6M241.8M241.4M243.0M216.5M
Short Term Investments9.0B7.2B9.2B9.0B6.9B6.5B
Liabilities And Stockholders Equity11.4B12.4B13.3B13.1B12.9B9.9B
Non Current Liabilities Total235.0M249.1M168.7M102.5M138.3M141.8M
Capital Lease Obligations102.0M86.8M81.6M38.4M79.9M53.4M
Inventory1.4M164.9M55.7M(9.1B)18.1M19.0M
Other Current Assets400.6M660.4M733.1M9.7B575.7M546.9M
Other Stockholder Equity10.1B11.5B11.8B11.8B11.8B9.0B
Total Liab2.7B2.6B2.7B2.3B2.3B2.1B
Long Term Investments379.4M467.2M608.6M906.2M751.8M459.7M
Property Plant And Equipment Gross199.5M182.0M475.0M546.0M956.4M1.0B
Total Current Assets10.6B11.3B11.9B10.5B8.2B8.3B
Accumulated Other Comprehensive Income588.8M194.7M46.1M707.2M883.0M927.2M
Short Term Debt31.9M29.2M36.5M29.8M31.8M30.2M
Intangible Assets45.1M373.0M83.9M57.8M161.7M107.8M
Common Stock144K155K157K158K159K135.7K
Property Plant Equipment199.5M182.0M475.0M546.0M627.9M659.3M
Net Invested Capital8.7B9.8B10.5B10.8B10.6B8.9B
Net Working Capital8.1B8.9B9.3B8.3B6.0B7.3B

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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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.