Hub24 Other Operating Expenses vs Ebit Analysis

HUB Stock   70.17  1.40  2.04%   
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 Other Operating Expenses and its Ebit 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.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub24 Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hub24's Other Operating Expenses and Ebit is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Hub24, assuming nothing else is changed. The correlation between historical values of Hub24's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Hub24 are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Hub24's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hub24. It is also known as Hub24 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.

Ebit

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 Expenses171.1M227.2M271.1M284.6M
Gross Profit149.6M225.4M255.4M268.1M

Hub24 fundamental ratios Correlations

0.10.920.680.991.0-0.060.751.00.870.970.880.96-0.521.0-0.430.920.940.420.77-0.170.980.880.681.00.82
0.10.00.050.170.09-0.190.10.090.020.140.280.050.140.1-0.120.00.27-0.160.02-0.130.070.070.110.12-0.03
0.920.00.610.920.92-0.050.730.90.930.890.870.96-0.80.89-0.421.00.940.490.82-0.230.960.950.490.890.83
0.680.050.610.720.68-0.020.410.70.710.520.330.6-0.330.66-0.710.610.620.530.6-0.240.620.380.820.670.21
0.990.170.920.720.99-0.040.740.990.890.960.880.96-0.540.98-0.470.920.960.430.75-0.190.980.870.680.990.8
1.00.090.920.680.99-0.070.751.00.870.970.880.96-0.521.0-0.420.920.930.420.77-0.170.980.880.671.00.83
-0.06-0.19-0.05-0.02-0.04-0.07-0.38-0.03-0.06-0.12-0.08-0.07-0.04-0.050.12-0.06-0.060.5-0.21-0.46-0.09-0.06-0.15-0.090.09
0.750.10.730.410.740.75-0.380.680.710.780.770.78-0.480.74-0.270.740.76-0.070.520.40.780.760.390.740.71
1.00.090.90.70.991.0-0.030.680.860.960.850.95-0.490.99-0.430.90.920.460.77-0.230.970.850.70.990.8
0.870.020.930.710.890.87-0.060.710.860.830.760.94-0.690.84-0.360.930.890.530.82-0.210.920.840.670.830.7
0.970.140.890.520.960.97-0.120.780.960.830.930.96-0.480.98-0.30.890.910.310.75-0.10.980.90.590.980.88
0.880.280.870.330.880.88-0.080.770.850.760.930.91-0.60.87-0.160.870.930.260.67-0.130.910.960.360.870.94
0.960.050.960.60.960.96-0.070.780.950.940.960.91-0.640.95-0.30.960.950.440.8-0.160.990.940.610.940.87
-0.520.14-0.8-0.33-0.54-0.52-0.04-0.48-0.49-0.69-0.48-0.6-0.64-0.460.37-0.8-0.64-0.47-0.610.27-0.61-0.770.01-0.47-0.6
1.00.10.890.660.981.0-0.050.740.990.840.980.870.95-0.46-0.40.890.920.40.74-0.160.970.860.671.00.83
-0.43-0.12-0.42-0.71-0.47-0.420.12-0.27-0.43-0.36-0.3-0.16-0.30.37-0.4-0.42-0.35-0.21-0.350.09-0.35-0.22-0.32-0.44-0.01
0.920.01.00.610.920.92-0.060.740.90.930.890.870.96-0.80.89-0.420.940.480.82-0.220.960.950.490.890.83
0.940.270.940.620.960.93-0.060.760.920.890.910.930.95-0.640.92-0.350.940.40.76-0.210.960.930.580.920.83
0.42-0.160.490.530.430.420.5-0.070.460.530.310.260.44-0.470.4-0.210.480.40.51-0.830.410.350.350.380.31
0.770.020.820.60.750.77-0.210.520.770.820.750.670.8-0.610.74-0.350.820.760.51-0.320.80.730.60.750.58
-0.17-0.13-0.23-0.24-0.19-0.17-0.460.4-0.23-0.21-0.1-0.13-0.160.27-0.160.09-0.22-0.21-0.83-0.32-0.15-0.16-0.12-0.14-0.12
0.980.070.960.620.980.98-0.090.780.970.920.980.910.99-0.610.97-0.350.960.960.410.8-0.150.930.630.970.87
0.880.070.950.380.870.88-0.060.760.850.840.90.960.94-0.770.86-0.220.950.930.350.73-0.160.930.330.860.94
0.680.110.490.820.680.67-0.150.390.70.670.590.360.610.010.67-0.320.490.580.350.6-0.120.630.330.670.24
1.00.120.890.670.991.0-0.090.740.990.830.980.870.94-0.471.0-0.440.890.920.380.75-0.140.970.860.670.81
0.82-0.030.830.210.80.830.090.710.80.70.880.940.87-0.60.83-0.010.830.830.310.58-0.120.870.940.240.81
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Hub24 Account Relationship Matchups

Hub24 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.8M229.0M547.7M620.4M622.7M653.9M
Accounts Payable1.7M685.4K3.9M4.4M2.1M2.2M
Cash33.8M63.5M43.5M72.7M88.0M92.5M
Other Assets16.9M54.0M62.4M75.9M22.6M16.1M
Total Liab23.0M47.9M92.1M110.0M103.0M108.2M
Total Stockholder Equity74.8M181.1M455.7M510.4M519.7M545.7M
Other Liab3.9M3.7M3.2M3.2M3.6M3.5M
Retained Earnings(34.1M)(29.7M)(24.8M)(7.8M)9.2M9.7M
Common Stock100.2M204.2M468.0M501.1M480.5M504.6M
Property Plant Equipment2.0M7.1M7.5M7.5M8.7M9.1M
Other Current Liab8.2M3.4M31.7M33.0M43M45.2M
Total Current Liabilities6.8M9.8M19.3M23.7M47.7M50.1M
Property Plant And Equipment Net7.1M7.5M12.5M12.6M17.6M18.5M
Net Debt(27.8M)(44.2M)6.0M(32.6M)(42.8M)(40.7M)
Non Current Assets Total47.1M111.5M441.9M471.8M480.7M504.7M
Non Currrent Assets Other1.8M(91.0M)5.3M(293.9M)2.6M2.7M
Cash And Short Term Investments33.8M63.5M43.5M72.7M88.0M92.5M
Net Receivables10.0M24.2M26.3M29.5M37.8M39.7M
Common Stock Shares Outstanding64.0M68.4M75.1M82.9M83.6M87.8M
Liabilities And Stockholders Equity97.8M229.0M547.7M620.4M622.7M653.9M
Property Plant And Equipment Gross7.1M11.0M19.7M21.2M27.1M28.5M
Total Current Assets33.8M63.5M43.5M72.7M142.0M149.1M
Accumulated Other Comprehensive Income8.8M11.5M20.0M26.8M33.5M35.1M
Short Term Debt3.3M5.3M16.6M7.5M2.7M3.8M
Non Current Liabilities Total8.1M9.4M29.2M30.0M103.0M108.2M
Other Current Assets1.8M(87.6M)(85.4M)(105.4M)16.2M17.0M
Intangible Assets40.0M104.0M429.4M459.2M203.1M213.3M
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 Assets27.9M34.9M77.1M77.1M88.7M93.1M
Non Current Liabilities Other1.6M41.2K24K809K728.1K691.7K
Long Term Debt Total110.1K4.4M13.9M36.2M41.6M43.7M
Net Invested Capital74.8M193.6M495.0M540.4M549.7M277.7M
Net Working Capital30.7M51.8M22.9M66.0M94.3M99.0M
Current Deferred Revenue263.9K322.3K1.0M15.4M42.7M44.9M

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