Hudbay Income Tax Expense vs Other Operating Expenses Analysis

HBM Stock  USD 8.77  0.07  0.80%   
Hudbay Minerals financial indicator trend analysis is much more than just examining Hudbay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudbay Minerals is a good investment. Please check the relationship between Hudbay Minerals Income Tax Expense and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.

Income Tax Expense vs Other Operating Expenses

Income Tax Expense vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudbay Minerals Income Tax Expense account and Other Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hudbay Minerals' Income Tax Expense and Other Operating Expenses is 0.13. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Hudbay Minerals, assuming nothing else is changed. The correlation between historical values of Hudbay Minerals' Income Tax Expense and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Hudbay Minerals are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Tax Expense i.e., Hudbay Minerals' Income Tax Expense and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hudbay Minerals. It is also known as Hudbay Minerals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Hudbay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudbay Minerals 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 Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.At this time, Hudbay Minerals' Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 15.1 M, while Enterprise Value Over EBITDA is likely to drop 4.14.
 2021 2022 2023 2024 (projected)
Total Operating Expenses95.7M93.0M95.4M69.6M
EBITDA242.4M498.4M653.1M685.7M

Hudbay Minerals fundamental ratios Correlations

0.50.710.870.820.53-0.070.28-0.060.820.430.35-0.060.770.950.950.030.820.220.930.730.760.050.52-0.060.77
0.50.860.250.780.78-0.740.12-0.430.790.190.87-0.430.310.590.6-0.010.79-0.230.590.630.820.010.57-0.470.8
0.710.860.510.860.65-0.490.26-0.090.880.380.8-0.080.570.740.750.050.930.180.730.670.880.120.72-0.120.8
0.870.250.510.640.170.340.490.260.640.510.080.260.580.820.670.040.570.470.660.530.460.240.4-0.020.57
0.820.780.860.640.82-0.360.14-0.341.00.230.64-0.340.680.790.86-0.030.96-0.080.830.920.960.080.64-0.230.77
0.530.780.650.170.82-0.68-0.2-0.780.810.00.7-0.780.560.520.7-0.10.79-0.590.660.840.88-0.150.48-0.320.65
-0.07-0.74-0.490.34-0.36-0.680.190.6-0.350.16-0.820.6-0.01-0.21-0.3-0.1-0.440.51-0.33-0.34-0.540.4-0.430.41-0.54
0.280.120.260.490.14-0.20.190.410.160.610.140.410.020.410.10.540.120.480.14-0.060.010.110.28-0.180.33
-0.06-0.43-0.090.26-0.34-0.780.60.41-0.320.23-0.351.0-0.24-0.05-0.260.13-0.250.95-0.22-0.48-0.40.20.010.36-0.23
0.820.790.880.641.00.81-0.350.16-0.320.270.65-0.320.690.790.85-0.040.97-0.060.810.90.960.120.63-0.210.77
0.430.190.380.510.230.00.160.610.230.270.220.230.450.480.290.020.260.380.210.050.190.280.240.20.33
0.350.870.80.080.640.7-0.820.14-0.350.650.22-0.350.220.510.470.050.7-0.170.470.530.76-0.20.76-0.270.76
-0.06-0.43-0.080.26-0.34-0.780.60.411.0-0.320.23-0.35-0.24-0.05-0.260.13-0.250.95-0.22-0.48-0.40.20.010.36-0.23
0.770.310.570.580.680.56-0.010.02-0.240.690.450.22-0.240.630.8-0.140.710.020.720.630.670.170.320.270.44
0.950.590.740.820.790.52-0.210.41-0.050.790.480.51-0.050.630.890.130.790.230.910.70.74-0.110.67-0.180.9
0.950.60.750.670.860.7-0.30.1-0.260.850.290.47-0.260.80.890.010.890.020.980.80.87-0.060.54-0.080.77
0.03-0.010.050.04-0.03-0.1-0.10.540.13-0.040.020.050.13-0.140.130.01-0.010.130.1-0.11-0.05-0.130.04-0.350.16
0.820.790.930.570.960.79-0.440.12-0.250.970.260.7-0.250.710.790.89-0.010.020.860.840.980.050.68-0.130.77
0.22-0.230.180.47-0.08-0.590.510.480.95-0.060.38-0.170.950.020.230.020.130.020.05-0.26-0.140.20.220.360.02
0.930.590.730.660.830.66-0.330.14-0.220.810.210.47-0.220.720.910.980.10.860.050.780.83-0.20.59-0.160.81
0.730.630.670.530.920.84-0.34-0.06-0.480.90.050.53-0.480.630.70.8-0.110.84-0.260.780.88-0.110.62-0.110.67
0.760.820.880.460.960.88-0.540.01-0.40.960.190.76-0.40.670.740.87-0.050.98-0.140.830.88-0.060.69-0.180.78
0.050.010.120.240.08-0.150.40.110.20.120.28-0.20.20.17-0.11-0.06-0.130.050.2-0.2-0.11-0.06-0.420.18-0.23
0.520.570.720.40.640.48-0.430.280.010.630.240.760.010.320.670.540.040.680.220.590.620.69-0.420.010.76
-0.06-0.47-0.12-0.02-0.23-0.320.41-0.180.36-0.210.2-0.270.360.27-0.18-0.08-0.35-0.130.36-0.16-0.11-0.180.180.01-0.4
0.770.80.80.570.770.65-0.540.33-0.230.770.330.76-0.230.440.90.770.160.770.020.810.670.78-0.230.76-0.4
Click cells to compare fundamentals

Hudbay Minerals Account Relationship Matchups

Hudbay Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.7B4.6B4.3B5.3B2.7B
Other Current Liab202.3M203.6M376.2M343.6M385.7M405.0M
Total Current Liabilities391.8M448.8M509.2M447.6M537.3M564.2M
Total Stockholder Equity1.8B1.7B1.5B1.6B2.1B1.3B
Property Plant And Equipment Net3.7B3.7B3.7B3.6B4.3B4.5B
Net Debt671.1M760.1M987.3M1.0B1.1B1.2B
Retained Earnings95.0M(53.3M)(301.8M)(235.5M)(173.6M)(164.9M)
Accounts Payable68.7M104.6M84.3M83.8M69.3M73.3M
Cash396.1M439.1M271.0M225.7M249.8M345.4M
Non Current Assets Total3.8B3.9B4.0B3.8B4.6B4.9B
Non Currrent Assets Other44.1M56.3M67.9M109.1M85.8M53.1M
Other Assets119.1M158.2M201.5M234.8M270.0M283.5M
Cash And Short Term Investments396.1M439.1M271.0M225.7M250.5M345.4M
Net Receivables113.3M153.6M166.5M122.3M169.8M97.8M
Liabilities And Stockholders Equity4.5B4.7B4.6B4.3B5.3B2.7B
Non Current Liabilities Total2.2B2.5B2.6B2.3B2.6B1.4B
Other Stockholder Equity(52.2M)2.5B(182K)26.5M1.00.95
Total Liab2.6B3.0B3.1B2.8B3.1B3.3B
Total Current Assets663.0M755.7M656.7M524.2M673.2M601.2M
Other Liab1.2B1.4B1.4B1.1B1.2B632.3M
Net Tangible Assets1.8B1.7B1.5B1.6B1.8B1.9B
Long Term Debt985.3M1.1B1.2B1.2B1.3B1.4B
Good Will5.6M4.2M5.0M5.4M75.3M79.0M
Inventory138.8M143.1M158.5M155.0M207.3M111.5M
Other Current Assets12.7M19.8M60.8M59.4M45.6M53.5M
Long Term Investments11.3M15.7M11.2M9.8M7.1M8.0M
Accumulated Other Comprehensive Income(24.3M)(24.2M)(182K)26.5M30.2M31.7M
Short Term Debt32.8M33.5M33.5M16.2M28.9M30.1M
Intangible Assets5.0M5.4M5.9M4.8M4.0M4.9M
Property Plant Equipment3.7B3.7B3.7B3.6B4.1B2.1B
Short Long Term Debt Total1.1B1.2B1.3B1.2B1.4B701.5M
Property Plant And Equipment Gross3.7B3.7B6.6B5.3B6.9B7.2B
Current Deferred Revenue87.9M104.4M96.9M79.7M87.8M66.0M

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When determining whether Hudbay Minerals is a strong investment it is important to analyze Hudbay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hudbay Minerals' future performance. For an informed investment choice regarding Hudbay Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudbay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Diversified Metals & Mining 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 Hudbay Minerals. If investors know Hudbay 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 Hudbay Minerals 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
2.185
Earnings Share
0.24
Revenue Per Share
5.694
Quarterly Revenue Growth
0.363
Return On Assets
0.0478
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' 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 Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' 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 Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudbay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' 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.