Honey Total Current Assets vs Net Receivables Analysis

TUF Stock  CAD 0.11  0.01  8.33%   
Honey Badger financial indicator trend analysis is much more than just examining Honey Badger Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honey Badger Silver is a good investment. Please check the relationship between Honey Badger Total Current Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Honey Badger Silver. 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.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honey Badger Silver Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Honey Badger's Total Current Assets and Net Receivables is 0.59. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Honey Badger Silver, assuming nothing else is changed. The correlation between historical values of Honey Badger's Total Current Assets and Net Receivables 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 Assets of Honey Badger Silver are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Honey Badger's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

Most indicators from Honey Badger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honey Badger Silver 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Honey Badger Silver. 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.
Selling General Administrative is likely to climb to about 1.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 927.3 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses7.0M1.6M1.9M1.0M
Depreciation And Amortization236.6K228.5K167.9K124.9K

Honey Badger fundamental ratios Correlations

0.270.97-0.16-0.50.220.630.490.680.71-0.140.440.270.710.440.63-0.330.0-0.070.430.430.02
0.270.040.5-0.140.120.490.130.240.42-0.230.491.00.260.10.250.14-0.21-0.360.010.01-0.16
0.970.04-0.3-0.480.20.530.480.650.63-0.10.330.030.670.430.6-0.380.050.010.450.450.05
-0.160.5-0.3-0.14-0.650.180.150.170.170.550.330.520.18-0.04-0.080.20.380.430.00.00.4
-0.5-0.14-0.48-0.140.39-0.06-1.0-0.94-0.43-0.32-0.08-0.14-0.93-0.350.08-0.01-0.53-0.52-0.95-0.95-0.43
0.220.120.2-0.650.390.17-0.41-0.31-0.01-0.97-0.120.1-0.3-0.130.33-0.08-0.91-0.78-0.37-0.37-0.89
0.630.490.530.18-0.060.170.060.20.72-0.130.620.490.250.360.37-0.29-0.13-0.35-0.04-0.04-0.02
0.490.130.480.15-1.0-0.410.060.940.430.340.080.130.930.35-0.080.010.530.530.950.950.45
0.680.240.650.17-0.94-0.310.20.940.530.260.260.241.00.40.26-0.070.440.450.90.90.37
0.710.420.630.17-0.43-0.010.720.430.530.00.350.420.590.210.31-0.170.1-0.070.360.360.06
-0.14-0.23-0.10.55-0.32-0.97-0.130.340.260.00.14-0.220.260.18-0.26-0.010.890.760.290.290.91
0.440.490.330.33-0.08-0.120.620.080.260.350.140.490.280.590.48-0.650.16-0.070.00.00.25
0.271.00.030.52-0.140.10.490.130.240.42-0.220.490.260.10.250.14-0.21-0.350.010.01-0.15
0.710.260.670.18-0.93-0.30.250.931.00.590.260.280.260.410.27-0.080.440.420.890.890.36
0.440.10.43-0.04-0.35-0.130.360.350.40.210.180.590.10.410.18-0.550.28-0.030.310.310.46
0.630.250.6-0.080.080.330.37-0.080.260.31-0.260.480.250.270.18-0.28-0.25-0.22-0.04-0.04-0.23
-0.330.14-0.380.2-0.01-0.08-0.290.01-0.07-0.17-0.01-0.650.14-0.08-0.55-0.28-0.060.00.040.04-0.09
0.0-0.210.050.38-0.53-0.91-0.130.530.440.10.890.16-0.210.440.28-0.25-0.060.750.530.530.93
-0.07-0.360.010.43-0.52-0.78-0.350.530.45-0.070.76-0.07-0.350.42-0.03-0.220.00.750.50.50.61
0.430.010.450.0-0.95-0.37-0.040.950.90.360.290.00.010.890.31-0.040.040.530.51.00.41
0.430.010.450.0-0.95-0.37-0.040.950.90.360.290.00.010.890.31-0.040.040.530.51.00.41
0.02-0.160.050.4-0.43-0.89-0.020.450.370.060.910.25-0.150.360.46-0.23-0.090.930.610.410.41
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Honey Badger Account Relationship Matchups

Honey Badger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets429.6K728.2K2.4M639.0K344.0K326.8K
Total Current Liabilities543.3K408.3K683.5K307.1K552.5K444.8K
Total Stockholder Equity(113.7K)319.9K1.8M331.9K(208.5K)(198.1K)
Net Debt(315.6K)(235.7K)(2.1M)(544.5K)(252.2K)(264.9K)
Retained Earnings(12.7M)(13.1M)(20.4M)(22.0M)(23.8M)(22.7M)
Accounts Payable263.6K46.2K323.7K280.6K166.3K220.9K
Cash315.6K235.7K2.1M544.5K252.2K351.3K
Cash And Short Term Investments315.6K659.6K2.3M577.1K304.3K446.4K
Net Receivables108.1K66.1K152.4K34.4K25.8K42.0K
Common Stock Shares Outstanding13.5M14.9M26.7M31.2M37.0M38.8M
Liabilities And Stockholders Equity429.6K728.2K2.4M639.0K344.0K326.8K
Other Stockholder Equity3.1M2.8M4.0M4.4M4.5M3.3M
Total Liab543.3K408.3K683.5K307.1K552.5K474.7K
Total Current Assets429.6K728.2K2.4M639.0K344.0K494.9K
Other Current Assets5.9K2.6K30.5K27.4K13.9K13.1K
Other Current Liab279.7K362.1K359.8K26.5K386.2K366.2K
Common Stock9.3M9.5M10.0M17.1M17.9M10.5M
Net Tangible Assets670.2K(113.7K)319.9K331.9K381.7K400.8K
Net Invested Capital(113.7K)319.9K1.8M331.9K(208.5K)(198.1K)
Net Working Capital(113.7K)319.9K1.8M331.9K(208.5K)(198.1K)

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