Hub24 Change In Cash vs Change In Working Capital Analysis

HUB Stock

71.67 1.31 1.86%

Hub24 financial indicator trend analysis is much more than just examining Hub24 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub24 is a good investment. Please check the relationship between Hub24 Change In Cash and its Change In Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub24. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Change In Working Capital

Change In Cash vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub24 Change In Cash account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hub24's Change In Cash and Change In Working Capital is -0.46. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Hub24, assuming nothing else is changed. The correlation between historical values of Hub24's Change In Cash and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Hub24 are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change In Cash i.e., Hub24's Change In Cash and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Hub24's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub24 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 Hub24. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Hub24's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 993.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	171.1M	227.2M	271.1M	284.6M
Gross Profit	149.6M	225.4M	255.4M	268.1M

Other Operating Expenses Gross Profit

Hub24 fundamental ratios Correlations

	Total Assets	Accounts Payable	Cash	Other Assets	Total Liab	Total Stockholder Equity	Other Liab	Retained Earnings	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Non Current Liabilities Total
Total Assets		0.1	0.92	0.68	0.99	1.0	-0.06	0.75	1.0	0.87	0.97	0.88	0.96	-0.52	1.0	-0.43	0.92	0.94	0.42	0.77	-0.17	0.98	0.88	0.68	1.0	0.82
Accounts Payable	0.1		0.0	0.05	0.17	0.09	-0.19	0.1	0.09	0.02	0.14	0.28	0.05	0.14	0.1	-0.12	0.0	0.27	-0.16	0.02	-0.13	0.07	0.07	0.11	0.12	-0.03
Cash	0.92	0.0		0.61	0.92	0.92	-0.05	0.73	0.9	0.93	0.89	0.87	0.96	-0.8	0.89	-0.42	1.0	0.94	0.49	0.82	-0.23	0.96	0.95	0.49	0.89	0.83
Other Assets	0.68	0.05	0.61		0.72	0.68	-0.02	0.41	0.7	0.71	0.52	0.33	0.6	-0.33	0.66	-0.71	0.61	0.62	0.53	0.6	-0.24	0.62	0.38	0.82	0.67	0.21
Total Liab	0.99	0.17	0.92	0.72		0.99	-0.04	0.74	0.99	0.89	0.96	0.88	0.96	-0.54	0.98	-0.47	0.92	0.96	0.43	0.75	-0.19	0.98	0.87	0.68	0.99	0.8
Total Stockholder Equity	1.0	0.09	0.92	0.68	0.99		-0.07	0.75	1.0	0.87	0.97	0.88	0.96	-0.52	1.0	-0.42	0.92	0.93	0.42	0.77	-0.17	0.98	0.88	0.67	1.0	0.83
Other Liab	-0.06	-0.19	-0.05	-0.02	-0.04	-0.07		-0.38	-0.03	-0.06	-0.12	-0.08	-0.07	-0.04	-0.05	0.12	-0.06	-0.06	0.5	-0.21	-0.46	-0.09	-0.06	-0.15	-0.09	0.09
Retained Earnings	0.75	0.1	0.73	0.41	0.74	0.75	-0.38		0.68	0.71	0.78	0.77	0.78	-0.48	0.74	-0.27	0.74	0.76	-0.07	0.52	0.4	0.78	0.76	0.39	0.74	0.71
Common Stock	1.0	0.09	0.9	0.7	0.99	1.0	-0.03	0.68		0.86	0.96	0.85	0.95	-0.49	0.99	-0.43	0.9	0.92	0.46	0.77	-0.23	0.97	0.85	0.7	0.99	0.8
Property Plant Equipment	0.87	0.02	0.93	0.71	0.89	0.87	-0.06	0.71	0.86		0.83	0.76	0.94	-0.69	0.84	-0.36	0.93	0.89	0.53	0.82	-0.21	0.92	0.84	0.67	0.83	0.7
Other Current Liab	0.97	0.14	0.89	0.52	0.96	0.97	-0.12	0.78	0.96	0.83		0.93	0.96	-0.48	0.98	-0.3	0.89	0.91	0.31	0.75	-0.1	0.98	0.9	0.59	0.98	0.88
Total Current Liabilities	0.88	0.28	0.87	0.33	0.88	0.88	-0.08	0.77	0.85	0.76	0.93		0.91	-0.6	0.87	-0.16	0.87	0.93	0.26	0.67	-0.13	0.91	0.96	0.36	0.87	0.94
Property Plant And Equipment Net	0.96	0.05	0.96	0.6	0.96	0.96	-0.07	0.78	0.95	0.94	0.96	0.91		-0.64	0.95	-0.3	0.96	0.95	0.44	0.8	-0.16	0.99	0.94	0.61	0.94	0.87
Net Debt	-0.52	0.14	-0.8	-0.33	-0.54	-0.52	-0.04	-0.48	-0.49	-0.69	-0.48	-0.6	-0.64		-0.46	0.37	-0.8	-0.64	-0.47	-0.61	0.27	-0.61	-0.77	0.01	-0.47	-0.6
Non Current Assets Total	1.0	0.1	0.89	0.66	0.98	1.0	-0.05	0.74	0.99	0.84	0.98	0.87	0.95	-0.46		-0.4	0.89	0.92	0.4	0.74	-0.16	0.97	0.86	0.67	1.0	0.83
Non Currrent Assets Other	-0.43	-0.12	-0.42	-0.71	-0.47	-0.42	0.12	-0.27	-0.43	-0.36	-0.3	-0.16	-0.3	0.37	-0.4		-0.42	-0.35	-0.21	-0.35	0.09	-0.35	-0.22	-0.32	-0.44	-0.01
Cash And Short Term Investments	0.92	0.0	1.0	0.61	0.92	0.92	-0.06	0.74	0.9	0.93	0.89	0.87	0.96	-0.8	0.89	-0.42		0.94	0.48	0.82	-0.22	0.96	0.95	0.49	0.89	0.83
Net Receivables	0.94	0.27	0.94	0.62	0.96	0.93	-0.06	0.76	0.92	0.89	0.91	0.93	0.95	-0.64	0.92	-0.35	0.94		0.4	0.76	-0.21	0.96	0.93	0.58	0.92	0.83
Common Stock Total Equity	0.42	-0.16	0.49	0.53	0.43	0.42	0.5	-0.07	0.46	0.53	0.31	0.26	0.44	-0.47	0.4	-0.21	0.48	0.4		0.51	-0.83	0.41	0.35	0.35	0.38	0.31
Common Stock Shares Outstanding	0.77	0.02	0.82	0.6	0.75	0.77	-0.21	0.52	0.77	0.82	0.75	0.67	0.8	-0.61	0.74	-0.35	0.82	0.76	0.51		-0.32	0.8	0.73	0.6	0.75	0.58
Short Term Investments	-0.17	-0.13	-0.23	-0.24	-0.19	-0.17	-0.46	0.4	-0.23	-0.21	-0.1	-0.13	-0.16	0.27	-0.16	0.09	-0.22	-0.21	-0.83	-0.32		-0.15	-0.16	-0.12	-0.14	-0.12
Property Plant And Equipment Gross	0.98	0.07	0.96	0.62	0.98	0.98	-0.09	0.78	0.97	0.92	0.98	0.91	0.99	-0.61	0.97	-0.35	0.96	0.96	0.41	0.8	-0.15		0.93	0.63	0.97	0.87
Total Current Assets	0.88	0.07	0.95	0.38	0.87	0.88	-0.06	0.76	0.85	0.84	0.9	0.96	0.94	-0.77	0.86	-0.22	0.95	0.93	0.35	0.73	-0.16	0.93		0.33	0.86	0.94
Short Term Debt	0.68	0.11	0.49	0.82	0.68	0.67	-0.15	0.39	0.7	0.67	0.59	0.36	0.61	0.01	0.67	-0.32	0.49	0.58	0.35	0.6	-0.12	0.63	0.33		0.67	0.24
Good Will	1.0	0.12	0.89	0.67	0.99	1.0	-0.09	0.74	0.99	0.83	0.98	0.87	0.94	-0.47	1.0	-0.44	0.89	0.92	0.38	0.75	-0.14	0.97	0.86	0.67		0.81
Non Current Liabilities Total	0.82	-0.03	0.83	0.21	0.8	0.83	0.09	0.71	0.8	0.7	0.88	0.94	0.87	-0.6	0.83	-0.01	0.83	0.83	0.31	0.58	-0.12	0.87	0.94	0.24	0.81

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Hub24 Account Relationship Matchups

Hub24 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	97.8M	229.0M	547.7M	620.4M	622.7M	653.9M
Accounts Payable	1.7M	685.4K	3.9M	4.4M	2.1M	2.2M
Cash	33.8M	63.5M	43.5M	72.7M	88.0M	92.5M
Other Assets	16.9M	54.0M	62.4M	75.9M	22.6M	16.1M
Total Liab	23.0M	47.9M	92.1M	110.0M	103.0M	108.2M
Total Stockholder Equity	74.8M	181.1M	455.7M	510.4M	519.7M	545.7M
Other Liab	3.9M	3.7M	3.2M	3.2M	3.6M	3.5M
Retained Earnings	(34.1M)	(29.7M)	(24.8M)	(7.8M)	9.2M	9.7M
Common Stock	100.2M	204.2M	468.0M	501.1M	480.5M	504.6M
Property Plant Equipment	2.0M	7.1M	7.5M	7.5M	8.7M	9.1M
Other Current Liab	8.2M	3.4M	31.7M	33.0M	43M	45.2M
Total Current Liabilities	6.8M	9.8M	19.3M	23.7M	47.7M	50.1M
Property Plant And Equipment Net	7.1M	7.5M	12.5M	12.6M	17.6M	18.5M
Net Debt	(27.8M)	(44.2M)	6.0M	(32.6M)	(42.8M)	(40.7M)
Non Current Assets Total	47.1M	111.5M	441.9M	471.8M	480.7M	504.7M
Non Currrent Assets Other	1.8M	(91.0M)	5.3M	(293.9M)	2.6M	2.7M
Cash And Short Term Investments	33.8M	63.5M	43.5M	72.7M	88.0M	92.5M
Net Receivables	10.0M	24.2M	26.3M	29.5M	37.8M	39.7M
Common Stock Shares Outstanding	64.0M	68.4M	75.1M	82.9M	83.6M	87.8M
Liabilities And Stockholders Equity	97.8M	229.0M	547.7M	620.4M	622.7M	653.9M
Property Plant And Equipment Gross	7.1M	11.0M	19.7M	21.2M	27.1M	28.5M
Total Current Assets	33.8M	63.5M	43.5M	72.7M	142.0M	149.1M
Accumulated Other Comprehensive Income	8.8M	11.5M	20.0M	26.8M	33.5M	35.1M
Short Term Debt	3.3M	5.3M	16.6M	7.5M	2.7M	3.8M
Non Current Liabilities Total	8.1M	9.4M	29.2M	30.0M	103.0M	108.2M
Other Current Assets	1.8M	(87.6M)	(85.4M)	(105.4M)	16.2M	17.0M
Intangible Assets	40.0M	104.0M	429.4M	459.2M	203.1M	213.3M
Treasury Stock	(47.9K)	(38.3K)	(26.8K)	(5.0M)	(4.5M)	(4.3M)
Other Stockholder Equity	(26.8K)	(5.0M)	(7.6M)	(9.6M)	(3.6M)	(3.4M)
Net Tangible Assets	27.9M	34.9M	77.1M	77.1M	88.7M	93.1M
Non Current Liabilities Other	1.6M	41.2K	24K	809K	728.1K	691.7K
Long Term Debt Total	110.1K	4.4M	13.9M	36.2M	41.6M	43.7M
Net Invested Capital	74.8M	193.6M	495.0M	540.4M	549.7M	277.7M
Net Working Capital	30.7M	51.8M	22.9M	66.0M	94.3M	99.0M
Current Deferred Revenue	263.9K	322.3K	1.0M	15.4M	42.7M	44.9M

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