HighPeak Net Income vs Depreciation Analysis

HPKEW Stock

USD 3.99 0.21 5.00%

HighPeak Energy financial indicator trend analysis is much more than just examining HighPeak Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HighPeak Energy is a good investment. Please check the relationship between HighPeak Energy Net Income and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Net Income account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between HighPeak Energy's Net Income and Depreciation is 0.53. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of HighPeak Energy, assuming nothing else is changed. The correlation between historical values of HighPeak Energy's Net Income and Depreciation 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 Income of HighPeak Energy are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., HighPeak Energy's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in HighPeak Energy financial statement analysis. It represents the amount of money remaining after all of HighPeak Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of HighPeak Energy value has been used up. For tax purposes HighPeak Energy can deduct the cost of the tangible assets it purchases as business expenses. However, HighPeak Energy must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from HighPeak Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HighPeak Energy 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 HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.At this time, HighPeak Energy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 163.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	220.1M	755.7M	1.1B	1.2B
Depreciation And Amortization	65.4M	178.1M	424.4M	445.6M

Total Revenue Depreciation And Amortization

HighPeak Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Common Stock
Total Assets		0.74	0.98	1.0	1.0	0.91	0.84	0.87	0.75	1.0	-0.74	0.75	0.97	0.98	0.91	0.87	-0.61	0.9	0.91	1.0	0.89	0.8	-0.41	-0.52	0.84	-0.71
Other Current Liab	0.74		0.72	0.74	0.73	0.86	0.85	0.56	0.95	0.73	-0.43	0.95	0.71	0.83	0.88	0.53	-0.37	0.74	0.87	0.73	0.82	0.91	-0.49	-0.14	0.76	-0.69
Total Current Liabilities	0.98	0.72		0.98	0.99	0.9	0.81	0.94	0.68	0.99	-0.84	0.68	1.0	0.95	0.9	0.94	-0.63	0.91	0.91	0.98	0.86	0.75	-0.41	-0.64	0.83	-0.75
Total Stockholder Equity	1.0	0.74	0.98		1.0	0.92	0.86	0.86	0.77	1.0	-0.71	0.77	0.96	0.98	0.91	0.86	-0.61	0.89	0.92	1.0	0.9	0.81	-0.4	-0.49	0.84	-0.7
Property Plant And Equipment Net	1.0	0.73	0.99	1.0		0.91	0.84	0.89	0.74	1.0	-0.76	0.74	0.98	0.98	0.91	0.89	-0.64	0.91	0.92	1.0	0.88	0.78	-0.43	-0.55	0.85	-0.73
Net Debt	0.91	0.86	0.9	0.92	0.91		0.96	0.81	0.9	0.91	-0.68	0.9	0.89	0.98	1.0	0.81	-0.62	0.85	1.0	0.91	0.99	0.93	-0.46	-0.41	0.78	-0.72
Retained Earnings	0.84	0.85	0.81	0.86	0.84	0.96		0.68	0.93	0.84	-0.51	0.93	0.78	0.93	0.96	0.67	-0.42	0.68	0.95	0.85	0.99	0.98	-0.25	-0.17	0.62	-0.52
Accounts Payable	0.87	0.56	0.94	0.86	0.89	0.81	0.68		0.49	0.89	-0.97	0.49	0.96	0.84	0.8	1.0	-0.67	0.85	0.82	0.86	0.76	0.59	-0.39	-0.82	0.73	-0.73
Cash	0.75	0.95	0.68	0.77	0.74	0.9	0.93	0.49		0.74	-0.32	1.0	0.66	0.86	0.91	0.48	-0.39	0.68	0.89	0.75	0.9	0.98	-0.41	0.0	0.69	-0.58
Non Current Assets Total	1.0	0.73	0.99	1.0	1.0	0.91	0.84	0.89	0.74		-0.76	0.74	0.98	0.98	0.91	0.89	-0.64	0.91	0.92	1.0	0.88	0.79	-0.43	-0.55	0.85	-0.73
Non Currrent Assets Other	-0.74	-0.43	-0.84	-0.71	-0.76	-0.68	-0.51	-0.97	-0.32	-0.76		-0.32	-0.88	-0.69	-0.67	-0.97	0.65	-0.78	-0.69	-0.72	-0.61	-0.42	0.4	0.92	-0.64	0.71
Cash And Short Term Investments	0.75	0.95	0.68	0.77	0.74	0.9	0.93	0.49	1.0	0.74	-0.32		0.66	0.86	0.91	0.48	-0.39	0.68	0.89	0.75	0.9	0.98	-0.41	0.0	0.69	-0.58
Net Receivables	0.97	0.71	1.0	0.96	0.98	0.89	0.78	0.96	0.66	0.98	-0.88	0.66		0.94	0.89	0.96	-0.68	0.93	0.9	0.96	0.84	0.72	-0.47	-0.7	0.85	-0.79
Common Stock Shares Outstanding	0.98	0.83	0.95	0.98	0.98	0.98	0.93	0.84	0.86	0.98	-0.69	0.86	0.94		0.98	0.84	-0.61	0.89	0.98	0.98	0.96	0.9	-0.44	-0.44	0.83	-0.73
Non Current Liabilities Total	0.91	0.88	0.9	0.91	0.91	1.0	0.96	0.8	0.91	0.91	-0.67	0.91	0.89	0.98		0.8	-0.63	0.85	1.0	0.91	0.98	0.94	-0.48	-0.4	0.79	-0.74
Inventory	0.87	0.53	0.94	0.86	0.89	0.81	0.67	1.0	0.48	0.89	-0.97	0.48	0.96	0.84	0.8		-0.7	0.85	0.82	0.86	0.76	0.58	-0.4	-0.83	0.72	-0.72
Other Current Assets	-0.61	-0.37	-0.63	-0.61	-0.64	-0.62	-0.42	-0.67	-0.39	-0.64	0.65	-0.39	-0.68	-0.61	-0.63	-0.7		-0.82	-0.63	-0.6	-0.54	-0.35	0.84	0.72	-0.78	0.86
Other Stockholder Equity	0.9	0.74	0.91	0.89	0.91	0.85	0.68	0.85	0.68	0.91	-0.78	0.68	0.93	0.89	0.85	0.85	-0.82		0.86	0.89	0.76	0.66	-0.75	-0.68	0.98	-0.95
Total Liab	0.91	0.87	0.91	0.92	0.92	1.0	0.95	0.82	0.89	0.92	-0.69	0.89	0.9	0.98	1.0	0.82	-0.63	0.86		0.91	0.98	0.93	-0.48	-0.42	0.8	-0.74
Net Invested Capital	1.0	0.73	0.98	1.0	1.0	0.91	0.85	0.86	0.75	1.0	-0.72	0.75	0.96	0.98	0.91	0.86	-0.6	0.89	0.91		0.89	0.8	-0.39	-0.5	0.83	-0.7
Property Plant And Equipment Gross	0.89	0.82	0.86	0.9	0.88	0.99	0.99	0.76	0.9	0.88	-0.61	0.9	0.84	0.96	0.98	0.76	-0.54	0.76	0.98	0.89		0.95	-0.33	-0.31	0.68	-0.6
Total Current Assets	0.8	0.91	0.75	0.81	0.78	0.93	0.98	0.59	0.98	0.79	-0.42	0.98	0.72	0.9	0.94	0.58	-0.35	0.66	0.93	0.8	0.95		-0.28	-0.07	0.63	-0.52
Non Current Liabilities Other	-0.41	-0.49	-0.41	-0.4	-0.43	-0.46	-0.25	-0.39	-0.41	-0.43	0.4	-0.41	-0.47	-0.44	-0.48	-0.4	0.84	-0.75	-0.48	-0.39	-0.33	-0.28		0.5	-0.81	0.9
Net Working Capital	-0.52	-0.14	-0.64	-0.49	-0.55	-0.41	-0.17	-0.82	0.0	-0.55	0.92	0.0	-0.7	-0.44	-0.4	-0.83	0.72	-0.68	-0.42	-0.5	-0.31	-0.07	0.5		-0.56	0.68
Intangible Assets	0.84	0.76	0.83	0.84	0.85	0.78	0.62	0.73	0.69	0.85	-0.64	0.69	0.85	0.83	0.79	0.72	-0.78	0.98	0.8	0.83	0.68	0.63	-0.81	-0.56		-0.95
Common Stock	-0.71	-0.69	-0.75	-0.7	-0.73	-0.72	-0.52	-0.73	-0.58	-0.73	0.71	-0.58	-0.79	-0.73	-0.74	-0.72	0.86	-0.95	-0.74	-0.7	-0.6	-0.52	0.9	0.68	-0.95

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HighPeak Energy Account Relationship Matchups

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When running HighPeak Energy's price analysis, check to measure HighPeak Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.

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HighPeak Net Income vs Depreciation Analysis

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

Correlation Coefficient

Net Income

Depreciation

HighPeak Energy fundamental ratios Correlations

HighPeak Energy Account Relationship Matchups

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Current Liabilities
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity

Inventory	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.97	Accounts Payable
Common Stock	- 0.95	Intangible Assets
Common Stock	- 0.95	Other Stockholder Equity
Net Receivables	- 0.88	Non Currrent Assets Other
Non Currrent Assets Other	- 0.84	Total Current Liabilities