HOB Depreciation And Amortization vs Total Revenue Analysis

688656 Stock   104.14  1.64  1.60%   
HOB Biotech financial indicator trend analysis is much more than just examining HOB Biotech Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HOB Biotech Group is a good investment. Please check the relationship between HOB Biotech Depreciation And Amortization and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HOB Biotech Group. 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.

Depreciation And Amortization vs Total Revenue

Depreciation And Amortization vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HOB Biotech Group Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HOB Biotech's Depreciation And Amortization and Total Revenue is 0.93. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of HOB Biotech Group, assuming nothing else is changed. The correlation between historical values of HOB Biotech's Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of HOB Biotech Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., HOB Biotech's Depreciation And Amortization and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts HOB Biotech Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from HOB Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HOB Biotech Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in HOB Biotech Group. 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.
The current year's Selling General Administrative is expected to grow to about 110.9 M, whereas Tax Provision is forecasted to decline to about 7.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M1.9M2.5M1.9M
Depreciation And Amortization27.6M33.3M38.2M40.2M

HOB Biotech fundamental ratios Correlations

0.640.180.841.00.85-0.720.90.790.80.85-0.050.930.99-0.490.92-0.560.930.810.940.640.830.850.890.920.98
0.64-0.140.750.620.69-0.020.610.740.150.690.030.430.64-0.340.74-0.680.580.740.390.940.640.490.610.590.62
0.18-0.140.370.15-0.15-0.39-0.080.080.35-0.16-0.490.130.070.260.180.07-0.030.40.37-0.10.410.380.08-0.060.01
0.840.750.370.80.79-0.410.730.790.510.79-0.210.720.81-0.480.89-0.510.770.990.720.780.810.790.650.670.78
1.00.620.150.80.84-0.740.90.770.820.84-0.020.930.99-0.490.9-0.550.920.770.940.610.810.840.90.920.98
0.850.69-0.150.790.84-0.440.960.740.541.0-0.050.850.91-0.630.87-0.580.960.780.720.650.690.740.770.890.91
-0.72-0.02-0.39-0.41-0.74-0.44-0.63-0.27-0.99-0.450.06-0.84-0.710.37-0.530.36-0.67-0.38-0.9-0.07-0.63-0.64-0.63-0.68-0.7
0.90.61-0.080.730.90.96-0.630.690.710.96-0.080.930.94-0.530.87-0.670.980.720.830.540.790.780.890.970.94
0.790.740.080.790.770.74-0.270.690.360.740.180.60.79-0.280.71-0.450.710.80.630.730.60.550.670.610.78
0.80.150.350.510.820.54-0.990.710.360.54-0.060.90.79-0.420.62-0.440.750.480.940.190.710.70.70.760.78
0.850.69-0.160.790.841.0-0.450.960.740.54-0.030.860.91-0.640.86-0.590.960.770.720.660.690.730.770.890.91
-0.050.03-0.49-0.21-0.02-0.050.06-0.080.18-0.06-0.03-0.050.04-0.33-0.34-0.010.0-0.29-0.10.19-0.39-0.51-0.23-0.140.07
0.930.430.130.720.930.85-0.840.930.60.90.86-0.050.95-0.620.82-0.570.960.690.950.450.780.80.810.920.95
0.990.640.070.810.990.91-0.710.940.790.790.910.040.95-0.580.89-0.590.970.780.920.640.790.80.860.931.0
-0.49-0.340.26-0.48-0.49-0.630.37-0.53-0.28-0.42-0.64-0.33-0.62-0.58-0.420.24-0.65-0.37-0.42-0.55-0.21-0.34-0.17-0.45-0.59
0.920.740.180.890.90.87-0.530.870.710.620.86-0.340.820.89-0.42-0.570.860.890.80.680.870.920.880.890.87
-0.56-0.680.07-0.51-0.55-0.580.36-0.67-0.45-0.44-0.59-0.01-0.57-0.590.24-0.57-0.59-0.53-0.51-0.57-0.77-0.38-0.66-0.66-0.57
0.930.58-0.030.770.920.96-0.670.980.710.750.960.00.960.97-0.650.86-0.590.740.860.570.740.780.820.940.97
0.810.740.40.990.770.78-0.380.720.80.480.77-0.290.690.78-0.370.89-0.530.740.710.730.840.80.670.660.74
0.940.390.370.720.940.72-0.90.830.630.940.72-0.10.950.92-0.420.8-0.510.860.710.40.830.830.830.850.91
0.640.94-0.10.780.610.65-0.070.540.730.190.660.190.450.64-0.550.68-0.570.570.730.40.540.450.460.50.63
0.830.640.410.810.810.69-0.630.790.60.710.69-0.390.780.79-0.210.87-0.770.740.840.830.540.840.850.810.75
0.850.490.380.790.840.74-0.640.780.550.70.73-0.510.80.8-0.340.92-0.380.780.80.830.450.840.80.80.78
0.890.610.080.650.90.77-0.630.890.670.70.77-0.230.810.86-0.170.88-0.660.820.670.830.460.850.80.940.86
0.920.59-0.060.670.920.89-0.680.970.610.760.89-0.140.920.93-0.450.89-0.660.940.660.850.50.810.80.940.93
0.980.620.010.780.980.91-0.70.940.780.780.910.070.951.0-0.590.87-0.570.970.740.910.630.750.780.860.93
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HOB Biotech Account Relationship Matchups

HOB Biotech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets283.2M296.4M863.9M944.6M949.3M526.8M
Short Long Term Debt Total50.1M44.0M30.9M65.4M75.2M44.6M
Other Current Liab72.0M35.7M49.5M48.7M3.1M3.0M
Total Current Liabilities122.9M63.2M86.2M152.7M135.8M102.6M
Total Stockholder Equity149.6M206.4M770.0M779.6M810.7M410.5M
Property Plant And Equipment Net82.1M120.0M260.0M485.3M578.7M607.6M
Net Debt(40.7M)(14.8M)(419.0M)(88.4M)(79.5M)(83.5M)
Retained Earnings23.1M72.9M131.3M133.9M162.1M170.2M
Accounts Payable5.9M7.5M11.1M48.3M23.9M15.2M
Cash90.8M58.8M449.9M153.8M163.5M138.9M
Non Current Assets Total106.7M137.8M293.9M521.6M621.0M652.1M
Non Currrent Assets Other10.3M5.5M20.1M21.9M16.4M16.5M
Cash And Short Term Investments90.8M58.8M454.9M289.0M332.4M349.0M
Common Stock Shares Outstanding47.3M47.2M61.6M63.1M63.1M57.6M
Liabilities And Stockholders Equity283.2M296.4M863.9M944.6M1.1B1.1B
Non Current Liabilities Total10.6M26.8M7.8M12.3M2.8M2.6M
Inventory59.6M61.9M68.2M87.8M111.2M69.7M
Other Current Assets2.2M1.3M3.0M3.9M959.4K911.4K
Other Stockholder Equity79.3M86.1M575.6M582.6M670.0M703.5M
Total Liab133.5M90.0M93.9M165.0M138.5M116.4M
Total Current Assets176.5M158.7M570.0M423.0M328.2M263.7M
Short Term Debt45.0M20.0M25.5M55.7M64.0M34.4M
Intangible Assets11.7M11.3M12.2M12.6M11.9M8.4M

Currently Active Assets on Macroaxis

Other Information on Investing in HOB Stock

Balance Sheet is a snapshot of the financial position of HOB Biotech Group at a specified time, usually calculated after every quarter, six months, or one year. HOB Biotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HOB Biotech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HOB currently owns. An asset can also be divided into two categories, current and non-current.