| HYMCW Stock | | | USD 0.01 0.0001 0.71% |
Hycroft Mining financial indicator trend analysis is much more than just examining Hycroft Mining Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hycroft Mining Holding is a good investment. Please check the relationship between Hycroft Mining Net Debt and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Net Debt vs Common Stock Shares Outstanding
Net Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hycroft Mining Holding Net Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hycroft Mining's Net Debt and Common Stock Shares Outstanding is -0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hycroft Mining Holding, assuming nothing else is changed. The correlation between historical values of Hycroft Mining's Net Debt and Common Stock Shares Outstanding 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 Debt of Hycroft Mining Holding are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Hycroft Mining's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Hycroft Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hycroft Mining Holding 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 Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Selling General Administrative is likely to climb to about 14.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.2
M).
Hycroft Mining fundamental ratios Correlations
Click cells to compare fundamentals
Hycroft Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hycroft Mining fundamental ratios Accounts
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