HighPeak Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between HighPeak Energy's Total Assets and Non Currrent Assets Other is -0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other 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 Assets of HighPeak Energy are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., HighPeak Energy's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of HighPeak Energy 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 HighPeak Energy 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Revenue220.1M755.7M1.1B1.2B
Depreciation And Amortization65.4M178.1M424.4M445.6M

HighPeak Energy fundamental ratios Correlations

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0.970.711.00.960.980.890.780.960.660.98-0.880.660.940.890.96-0.680.930.90.960.840.72-0.47-0.70.85-0.79
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0.870.530.940.860.890.810.671.00.480.89-0.970.480.960.840.8-0.70.850.820.860.760.58-0.4-0.830.72-0.72
-0.61-0.37-0.63-0.61-0.64-0.62-0.42-0.67-0.39-0.640.65-0.39-0.68-0.61-0.63-0.7-0.82-0.63-0.6-0.54-0.350.840.72-0.780.86
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0.890.820.860.90.880.990.990.760.90.88-0.610.90.840.960.980.76-0.540.760.980.890.95-0.33-0.310.68-0.6
0.80.910.750.810.780.930.980.590.980.79-0.420.980.720.90.940.58-0.350.660.930.80.95-0.28-0.070.63-0.52
-0.41-0.49-0.41-0.4-0.43-0.46-0.25-0.39-0.41-0.430.4-0.41-0.47-0.44-0.48-0.40.84-0.75-0.48-0.39-0.33-0.280.5-0.810.9
-0.52-0.14-0.64-0.49-0.55-0.41-0.17-0.820.0-0.550.920.0-0.7-0.44-0.4-0.830.72-0.68-0.42-0.5-0.31-0.070.5-0.560.68
0.840.760.830.840.850.780.620.730.690.85-0.640.690.850.830.790.72-0.780.980.80.830.680.63-0.81-0.56-0.95
-0.71-0.69-0.75-0.7-0.73-0.72-0.52-0.73-0.58-0.730.71-0.58-0.79-0.73-0.74-0.720.86-0.95-0.74-0.7-0.6-0.520.90.68-0.95
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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.