Hub Total Current Liabilities vs Capital Lease Obligations Analysis
| HUBCZ Stock | 0.02 0.01 196.92% |
Hub Cyber financial indicator trend analysis is much more than just examining Hub Cyber Security latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub Cyber Security is a good investment. Please check the relationship between Hub Cyber Total Current Liabilities and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Total Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Cyber Security Total Current Liabilities account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hub Cyber's Total Current Liabilities and Capital Lease Obligations is 0.39. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Hub Cyber Security, assuming nothing else is changed. The correlation between historical values of Hub Cyber's Total Current Liabilities and Capital Lease Obligations 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 Current Liabilities of Hub Cyber Security are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Hub Cyber's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Hub Cyber balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hub Cyber Security are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Capital Lease Obligations
Hub Cyber Security capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Hub Cyber asset purchases. For example, Hub Cyber can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Hub Cyber control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Hub Cyber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub Cyber Security 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 Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Hub Cyber's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 51.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.2M | 4.1M | 6.4M | 4.8M | Total Revenue | 33.2M | 50.0M | 79.7M | 43.6M |
Hub Cyber fundamental ratios Correlations
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Hub Cyber Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Hub Cyber's price analysis, check to measure Hub Cyber'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 Hub Cyber is operating at the current time. Most of Hub Cyber's value examination focuses on studying past and present price action to predict the probability of Hub Cyber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub Cyber's price. Additionally, you may evaluate how the addition of Hub Cyber to your portfolios can decrease your overall portfolio volatility.