688391 Historical Balance Sheet

688391 Stock   33.12  0.27  0.82%   
Trend analysis of Hi Trend TechCo balance sheet accounts such as Other Current Liab of 5.9 M, Total Current Liabilities of 131.5 M or Total Stockholder Equity of 1.3 B provides information on Hi Trend's total assets, liabilities, and equity, which is the actual value of Hi Trend TechCo to its prevalent stockholders. By breaking down trends over time using Hi Trend balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Hi Trend Inventory

132.1 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hi Trend TechCo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About 688391 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hi Trend TechCo at a specified time, usually calculated after every quarter, six months, or one year. Hi Trend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hi Trend and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 688391 currently owns. An asset can also be divided into two categories, current and non-current.

Hi Trend Balance Sheet Chart

At present, Hi Trend's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 73.8 M, whereas Total Assets are forecasted to decline to about 1.4 B.

Total Assets

Total assets refers to the total amount of Hi Trend assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hi Trend TechCo books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hi Trend balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hi Trend TechCo 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most accounts from Hi Trend's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hi Trend TechCo current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hi Trend TechCo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Hi Trend's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 73.8 M, whereas Total Assets are forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities7.0M4.5M7.7M5.9M
Total Assets420.5M2.2B2.2B1.4B

Hi Trend balance sheet Correlations

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Other Information on Investing in 688391 Stock

Balance Sheet is a snapshot of the financial position of Hi Trend TechCo at a specified time, usually calculated after every quarter, six months, or one year. Hi Trend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hi Trend and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 688391 currently owns. An asset can also be divided into two categories, current and non-current.