Humacyte Payables Turnover vs Interest Coverage Analysis

HUMAW Stock  USD 1.95  0.10  5.41%   
Humacyte financial indicator trend analysis is much more than just examining Humacyte latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humacyte is a good investment. Please check the relationship between Humacyte Payables Turnover and its Interest Coverage accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humacyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Humacyte Stock please use our How to Invest in Humacyte guide.

Payables Turnover vs Interest Coverage

Payables Turnover vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humacyte Payables Turnover account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Humacyte's Payables Turnover and Interest Coverage is -0.03. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Humacyte, assuming nothing else is changed. The correlation between historical values of Humacyte's Payables Turnover and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Humacyte are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Payables Turnover i.e., Humacyte's Payables Turnover and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Interest Coverage

Most indicators from Humacyte's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humacyte 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 Humacyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Humacyte Stock please use our How to Invest in Humacyte guide.Enterprise Value is likely to climb to about 284.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 21.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.3M6.2M1.1M1.1M
Depreciation And Amortization8.3M8.3M7.7M8.7M

Humacyte fundamental ratios Correlations

0.320.290.010.49-0.22-0.87-0.11-0.450.98-0.220.020.98-0.130.15-0.23-0.040.490.47-0.230.970.750.00.00.340.0
0.32-0.290.83-0.17-0.96-0.1-0.90.260.51-0.960.860.52-0.890.90.25-0.830.910.980.270.530.56-0.59-0.590.99-0.59
0.29-0.29-0.170.950.37-0.310.360.150.20.37-0.240.180.62-0.11-0.980.13-0.33-0.22-0.990.17-0.140.080.08-0.230.08
0.010.83-0.17-0.14-0.880.16-0.790.240.21-0.880.780.21-0.790.980.1-0.980.80.810.130.220.41-0.55-0.550.78-0.55
0.49-0.170.95-0.140.31-0.560.370.050.410.31-0.280.40.55-0.03-0.960.13-0.16-0.07-0.960.390.120.220.22-0.110.22
-0.22-0.960.37-0.880.31-0.080.96-0.2-0.41.0-0.91-0.410.95-0.89-0.360.9-0.9-0.93-0.37-0.42-0.480.710.71-0.940.71
-0.87-0.1-0.310.16-0.56-0.08-0.260.51-0.84-0.080.34-0.84-0.130.010.3-0.22-0.3-0.280.3-0.83-0.76-0.46-0.46-0.1-0.46
-0.11-0.90.36-0.790.370.96-0.26-0.34-0.270.96-0.98-0.280.91-0.79-0.370.85-0.76-0.82-0.39-0.29-0.250.860.86-0.890.86
-0.450.260.150.240.05-0.20.51-0.34-0.38-0.20.5-0.38-0.050.29-0.23-0.26-0.160.1-0.22-0.37-0.54-0.44-0.440.35-0.44
0.980.510.20.210.41-0.4-0.84-0.27-0.38-0.40.181.0-0.310.34-0.16-0.220.660.65-0.151.00.83-0.08-0.080.52-0.08
-0.22-0.960.37-0.880.311.0-0.080.96-0.2-0.4-0.91-0.410.95-0.89-0.360.9-0.9-0.93-0.37-0.42-0.480.710.71-0.940.71
0.020.86-0.240.78-0.28-0.910.34-0.980.50.18-0.910.19-0.820.790.24-0.850.660.760.250.20.11-0.9-0.90.87-0.9
0.980.520.180.210.4-0.41-0.84-0.28-0.381.0-0.410.19-0.320.34-0.14-0.220.660.65-0.131.00.83-0.09-0.090.52-0.09
-0.13-0.890.62-0.790.550.95-0.130.91-0.05-0.310.95-0.82-0.32-0.78-0.610.8-0.88-0.85-0.62-0.33-0.490.610.61-0.840.61
0.150.9-0.110.98-0.03-0.890.01-0.790.290.34-0.890.790.34-0.780.04-0.950.840.890.060.350.5-0.51-0.510.87-0.51
-0.230.25-0.980.1-0.96-0.360.3-0.37-0.23-0.16-0.360.24-0.14-0.610.04-0.090.310.191.0-0.130.12-0.14-0.140.19-0.14
-0.04-0.830.13-0.980.130.9-0.220.85-0.26-0.220.9-0.85-0.220.8-0.95-0.09-0.78-0.79-0.11-0.23-0.340.690.69-0.790.69
0.490.91-0.330.8-0.16-0.9-0.3-0.76-0.160.66-0.90.660.66-0.880.840.31-0.780.960.320.670.81-0.4-0.40.85-0.4
0.470.98-0.220.81-0.07-0.93-0.28-0.820.10.65-0.930.760.65-0.850.890.19-0.790.960.210.660.71-0.48-0.480.96-0.48
-0.230.27-0.990.13-0.96-0.370.3-0.39-0.22-0.15-0.370.25-0.13-0.620.061.0-0.110.320.21-0.120.14-0.14-0.140.21-0.14
0.970.530.170.220.39-0.42-0.83-0.29-0.371.0-0.420.21.0-0.330.35-0.13-0.230.670.66-0.120.84-0.09-0.090.53-0.09
0.750.56-0.140.410.12-0.48-0.76-0.25-0.540.83-0.480.110.83-0.490.50.12-0.340.810.710.140.840.140.140.50.14
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.0-0.621.0
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.0-0.621.0
0.340.99-0.230.78-0.11-0.94-0.1-0.890.350.52-0.940.870.52-0.840.870.19-0.790.850.960.210.530.5-0.62-0.62-0.62
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.01.0-0.62
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Humacyte Account Relationship Matchups

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