Home Capital Stock vs Total Current Assets Analysis

HBCP Stock  USD 49.24  0.13  0.26%   
Home Bancorp financial indicator trend analysis is much more than just examining Home Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Bancorp is a good investment. Please check the relationship between Home Bancorp Capital Stock and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Bancorp. 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.
To learn how to invest in Home Stock, please use our How to Invest in Home Bancorp guide.

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Bancorp Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Home Bancorp's Capital Stock and Total Current Assets is 0.53. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Home Bancorp, assuming nothing else is changed. The correlation between historical values of Home Bancorp's Capital Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Home Bancorp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Home Bancorp's Capital Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

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.
Most indicators from Home Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Bancorp 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 Home Bancorp. 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.
To learn how to invest in Home Stock, please use our How to Invest in Home Bancorp guide.At this time, Home Bancorp's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/16/2024, Enterprise Value is likely to grow to about 594.2 M, while Selling General Administrative is likely to drop slightly above 28.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.9M7.9M43.0M45.1M
Depreciation And Amortization4.2M5.1M3.6M2.1M

Home Bancorp fundamental ratios Correlations

0.480.97-0.020.84-0.10.97-0.380.49-0.58-0.580.610.480.620.590.39-0.280.31-0.11.00.96-0.610.820.3-0.190.86
0.480.330.160.310.680.52-0.18-0.16-0.15-0.160.190.92-0.030.65-0.03-0.050.580.010.50.55-0.20.280.59-0.580.24
0.970.33-0.120.88-0.190.94-0.450.5-0.63-0.630.650.290.620.540.48-0.270.28-0.140.960.91-0.650.870.26-0.040.91
-0.020.16-0.120.20.23-0.14-0.21-0.190.430.43-0.370.34-0.120.41-0.54-0.070.00.280.00.030.360.21-0.01-0.48-0.21
0.840.310.880.2-0.020.79-0.730.26-0.24-0.250.290.290.420.630.14-0.190.260.020.830.84-0.291.00.24-0.150.66
-0.10.68-0.190.23-0.02-0.04-0.02-0.840.210.21-0.180.56-0.640.31-0.190.070.370.11-0.09-0.060.18-0.050.38-0.34-0.21
0.970.520.94-0.140.79-0.04-0.330.44-0.57-0.570.60.470.540.520.41-0.290.4-0.110.970.95-0.60.760.4-0.220.82
-0.38-0.18-0.45-0.21-0.73-0.02-0.33-0.11-0.3-0.30.29-0.16-0.27-0.440.38-0.11-0.03-0.09-0.37-0.51-0.3-0.75-0.030.07-0.1
0.49-0.160.5-0.190.26-0.840.44-0.11-0.4-0.40.39-0.060.830.070.24-0.12-0.05-0.140.480.49-0.390.27-0.060.020.46
-0.58-0.15-0.630.43-0.240.21-0.57-0.3-0.41.0-0.99-0.07-0.37-0.27-0.850.27-0.270.39-0.57-0.390.99-0.23-0.26-0.21-0.88
-0.58-0.16-0.630.43-0.250.21-0.57-0.3-0.41.0-0.99-0.07-0.38-0.28-0.850.27-0.280.39-0.58-0.40.99-0.23-0.26-0.2-0.88
0.610.190.65-0.370.29-0.180.60.290.39-0.99-0.990.110.360.320.85-0.290.32-0.370.610.43-1.00.270.310.130.89
0.480.920.290.340.290.560.47-0.16-0.06-0.07-0.070.110.140.63-0.15-0.090.350.10.50.55-0.120.280.36-0.530.2
0.62-0.030.62-0.120.42-0.640.54-0.270.83-0.37-0.380.360.140.060.25-0.28-0.34-0.080.620.61-0.360.46-0.350.180.55
0.590.650.540.410.630.310.52-0.440.07-0.27-0.280.320.630.06-0.060.070.58-0.010.590.6-0.320.610.57-0.380.48
0.39-0.030.48-0.540.14-0.190.410.380.24-0.85-0.850.85-0.150.25-0.06-0.230.14-0.260.370.21-0.850.130.130.20.72
-0.28-0.05-0.27-0.07-0.190.07-0.29-0.11-0.120.270.27-0.29-0.09-0.280.07-0.23-0.11-0.07-0.28-0.20.3-0.19-0.10.14-0.29
0.310.580.280.00.260.370.4-0.03-0.05-0.27-0.280.320.35-0.340.580.14-0.11-0.10.320.33-0.330.191.0-0.630.24
-0.10.01-0.140.280.020.11-0.11-0.09-0.140.390.39-0.370.1-0.08-0.01-0.26-0.07-0.1-0.09-0.070.370.02-0.1-0.38-0.24
1.00.50.960.00.83-0.090.97-0.370.48-0.57-0.580.610.50.620.590.37-0.280.32-0.090.96-0.610.810.31-0.20.85
0.960.550.910.030.84-0.060.95-0.510.49-0.39-0.40.430.550.610.60.21-0.20.33-0.070.96-0.430.830.32-0.260.72
-0.61-0.2-0.650.36-0.290.18-0.6-0.3-0.390.990.99-1.0-0.12-0.36-0.32-0.850.3-0.330.37-0.61-0.43-0.27-0.32-0.12-0.89
0.820.280.870.211.0-0.050.76-0.750.27-0.23-0.230.270.280.460.610.13-0.190.190.020.810.83-0.270.18-0.110.66
0.30.590.26-0.010.240.380.4-0.03-0.06-0.26-0.260.310.36-0.350.570.13-0.11.0-0.10.310.32-0.320.18-0.630.22
-0.19-0.58-0.04-0.48-0.15-0.34-0.220.070.02-0.21-0.20.13-0.530.18-0.380.20.14-0.63-0.38-0.2-0.26-0.12-0.11-0.630.1
0.860.240.91-0.210.66-0.210.82-0.10.46-0.88-0.880.890.20.550.480.72-0.290.24-0.240.850.72-0.890.660.220.1
Click cells to compare fundamentals

Home Bancorp Account Relationship Matchups

Home Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.6B2.9B3.2B3.3B1.7B
Short Long Term Debt Total46.2M34.4M31.6M390.8M252.5M265.1M
Total Stockholder Equity316.3M321.8M351.9M330.0M367.4M224.5M
Other Liab3.2M3.3M3.2M5.3M6.1M5.9M
Property Plant And Equipment Net46.4M45.5M43.5M43.6M53.0M37.5M
Net Debt5.9M(153.9M)(570.2M)303.0M176.6M185.4M
Retained Earnings150.2M154.3M188.5M206.3M234.6M120.9M
Accounts Payable17.0M21.8M18.9M29.4M26.4M40.8M
Cash40.3M188.3M601.8M87.8M75.8M95.3M
Non Current Assets Total375.4M366.3M435.2M619.1M3.2B3.1B
Non Currrent Assets Other(6.8M)(9.3M)(6.6M)(21.2M)2.7B2.5B
Other Assets1.5B1.7B1.5B2.0B9.9M10.4M
Cash And Short Term Investments297.6M443.1M929.4M574.3M75.8M72.0M
Net Receivables41.9M40.4M40.8M73.6M84.6M88.8M
Common Stock Shares Outstanding9.1M8.7M8.4M8.2M8.1M8.4M
Short Term Investments257.3M254.8M327.6M486.5M433.9M412.2M
Liabilities And Stockholders Equity2.2B2.6B2.9B3.2B3.3B1.7B
Non Current Liabilities Total46.2M34.4M31.6M184.4M3.0B3.1B
Inventory(51.9M)(199.0M)(610.4M)(99.5M)(114.5M)(108.7M)
Total Liab1.9B2.3B2.6B2.9B3.0B1.5B
Property Plant And Equipment Gross46.4M45.5M66.7M69.6M71.2M41.6M
Total Current Assets339.5M483.4M970.2M647.8M75.8M72.0M
Accumulated Other Comprehensive Income692K5.3M744K(39.3M)(33.1M)(31.4M)
Property Plant Equipment46.4M45.5M43.5M43.6M50.1M36.3M
Total Current Liabilities17.0M21.8M18.9M184.4M2.5B2.6B
Common Stock Total Equity93K87K85K83K74.7K69.8K
Other Stockholder Equity165.4M162.2M162.6M162.9M165.8M121.6M
Short Term Debt29.8M1.2M4.2M155M150M157.5M
Common Stock93K87K85K83K81K69.5K
Other Current Liab(17.0M)(42.5M)(33.6M)(184.4M)2.3B2.5B
Intangible Assets64.5M63.1M3.5M6.5M4.9M4.6M
Net Tangible Assets251.9M258.7M290.0M242.0M278.3M220.3M
Retained Earnings Total Equity150.2M154.3M188.5M206.3M237.2M126.7M
Capital Surpluse168.5M165.0M165.0M164.9M189.7M142.6M
Long Term Investments271.5M267.2M329.7M487.6M435.0M251.0M
Other Current Assets51.9M199.0M610.4M99.5M91.1M86.5M

Pair Trading with Home Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Home Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Home Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Home Stock

  0.93AX Axos FinancialPairCorr
  0.93BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.92PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Home Stock

  0.83CFG-PE Citizens FinancialPairCorr
  0.76TFC-PR Truist FinancialPairCorr
  0.74TFC-PO Truist FinancialPairCorr
  0.49WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Home Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Home Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Home Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Home Bancorp to buy it.
The correlation of Home Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Home Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Home Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Home Stock Analysis

When running Home Bancorp's price analysis, check to measure Home Bancorp'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 Home Bancorp is operating at the current time. Most of Home Bancorp's value examination focuses on studying past and present price action to predict the probability of Home Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Bancorp's price. Additionally, you may evaluate how the addition of Home Bancorp to your portfolios can decrease your overall portfolio volatility.