Highway Gross Profit vs Interest Income Analysis

HIHO Stock

USD 1.88 0.01 0.53%

Highway Holdings financial indicator trend analysis is much more than just examining Highway Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highway Holdings is a good investment. Please check the relationship between Highway Holdings Gross Profit and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Gross Profit vs Interest Income

Gross Profit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highway Holdings Gross Profit account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Highway Holdings' Gross Profit and Interest Income is -0.68. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Highway Holdings Limited, assuming nothing else is changed. The correlation between historical values of Highway Holdings' Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Highway Holdings Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Highway Holdings' Gross Profit and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Highway Holdings Limited minus its cost of goods sold. It is profit before Highway Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from Highway Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highway Holdings 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 Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Highway Holdings' Selling General Administrative is very stable compared to the past year. As of the 17th of February 2025, Enterprise Value is likely to grow to about 6.5 M, though Tax Provision is likely to grow to (137.7 K).

	2022	2023	2024	2025 (projected)
Gross Profit	3.1M	1.7M	1.5M	1.5M
Total Revenue	10.2M	6.3M	5.7M	5.4M

Gross Profit Total Revenue

Highway Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Other Assets	Long Term Debt	Short Term Investments
Total Assets		0.48	-0.31	0.39	0.89	0.07	-0.58	0.78	0.32	0.43	0.05	0.43	0.57	-0.63	-0.19	0.36	0.31	-0.05	0.22	0.72	0.55	-0.08	0.0	-0.19	-0.18	0.19
Short Long Term Debt Total	0.48		-0.17	0.49	0.26	-0.18	-0.7	0.21	-0.17	0.75	-0.09	0.73	-0.01	-0.15	-0.03	-0.32	-0.23	-0.47	0.42	0.41	0.63	0.32	-0.12	0.12	0.05	0.31
Other Current Liab	-0.31	-0.17		-0.05	-0.48	0.32	0.29	-0.51	-0.46	-0.07	0.42	-0.05	-0.43	0.4	0.51	-0.4	-0.65	0.13	0.31	-0.49	-0.6	0.4	-0.25	0.45	0.27	0.19
Total Current Liabilities	0.39	0.49	-0.05		0.11	-0.33	-0.72	-0.05	-0.05	0.77	-0.34	0.81	-0.04	0.1	-0.26	-0.15	-0.43	-0.03	0.73	0.68	0.65	-0.27	-0.35	-0.22	0.35	0.18
Total Stockholder Equity	0.89	0.26	-0.48	0.11		-0.07	-0.42	0.92	0.51	0.14	-0.1	0.12	0.77	-0.72	-0.45	0.58	0.65	0.01	-0.21	0.72	0.41	-0.04	0.09	-0.2	-0.25	0.21
Property Plant And Equipment Net	0.07	-0.18	0.32	-0.33	-0.07		0.59	-0.01	-0.03	-0.37	0.98	-0.36	-0.32	-0.29	0.83	0.06	-0.18	-0.12	0.28	-0.47	-0.45	0.13	0.47	0.3	-0.47	-0.24
Net Debt	-0.58	-0.7	0.29	-0.72	-0.42	0.59		-0.3	0.03	-0.91	0.57	-0.9	-0.27	0.07	0.47	0.19	0.08	0.13	-0.32	-0.75	-0.83	0.12	0.36	0.19	-0.27	-0.26
Retained Earnings	0.78	0.21	-0.51	-0.05	0.92	-0.01	-0.3		0.59	0.05	-0.05	0.02	0.77	-0.78	-0.4	0.52	0.7	-0.06	-0.33	0.53	0.34	0.05	0.39	-0.02	-0.52	0.28
Accounts Payable	0.32	-0.17	-0.46	-0.05	0.51	-0.03	0.03	0.59		-0.26	-0.1	-0.29	0.58	-0.61	-0.38	0.57	0.48	0.3	-0.31	0.35	-0.08	-0.11	0.45	-0.02	-0.46	0.04
Cash	0.43	0.75	-0.07	0.77	0.14	-0.37	-0.91	0.05	-0.26		-0.34	0.99	-0.05	0.14	-0.11	-0.42	-0.4	-0.17	0.62	0.56	0.75	-0.12	-0.38	-0.13	0.34	0.09
Non Current Assets Total	0.05	-0.09	0.42	-0.34	-0.1	0.98	0.57	-0.05	-0.1	-0.34		-0.34	-0.37	-0.27	0.84	0.0	-0.25	-0.16	0.29	-0.5	-0.49	0.3	0.42	0.42	-0.42	-0.13
Cash And Short Term Investments	0.43	0.73	-0.05	0.81	0.12	-0.36	-0.9	0.02	-0.29	0.99	-0.34		-0.06	0.17	-0.12	-0.43	-0.42	-0.18	0.65	0.55	0.77	-0.15	-0.39	-0.15	0.35	0.14
Net Receivables	0.57	-0.01	-0.43	-0.04	0.77	-0.32	-0.27	0.77	0.58	-0.05	-0.37	-0.06		-0.46	-0.6	0.37	0.71	0.2	-0.46	0.53	0.24	-0.2	0.02	-0.32	-0.14	0.17
Common Stock Shares Outstanding	-0.63	-0.15	0.4	0.1	-0.72	-0.29	0.07	-0.78	-0.61	0.14	-0.27	0.17	-0.46		0.17	-0.46	-0.46	0.25	0.21	-0.29	-0.1	-0.23	-0.66	-0.32	0.78	-0.29
Non Current Liabilities Total	-0.19	-0.03	0.51	-0.26	-0.45	0.83	0.47	-0.4	-0.38	-0.11	0.84	-0.12	-0.6	0.17		-0.31	-0.5	-0.07	0.47	-0.61	-0.42	0.13	0.14	0.24	-0.1	-0.42
Inventory	0.36	-0.32	-0.4	-0.15	0.58	0.06	0.19	0.52	0.57	-0.42	0.0	-0.43	0.37	-0.46	-0.31		0.67	0.37	-0.36	0.34	-0.03	-0.11	0.18	-0.26	-0.23	-0.05
Other Current Assets	0.31	-0.23	-0.65	-0.43	0.65	-0.18	0.08	0.7	0.48	-0.4	-0.25	-0.42	0.71	-0.46	-0.5	0.67		0.03	-0.74	0.27	0.12	-0.15	0.21	-0.35	-0.29	-0.04
Other Stockholder Equity	-0.05	-0.47	0.13	-0.03	0.01	-0.12	0.13	-0.06	0.3	-0.17	-0.16	-0.18	0.2	0.25	-0.07	0.37	0.03		-0.08	0.07	-0.25	-0.33	-0.32	-0.36	0.33	-0.22
Total Liab	0.22	0.42	0.31	0.73	-0.21	0.28	-0.32	-0.33	-0.31	0.62	0.29	0.65	-0.46	0.21	0.47	-0.36	-0.74	-0.08		0.19	0.3	-0.16	-0.23	-0.03	0.25	-0.13
Total Current Assets	0.72	0.41	-0.49	0.68	0.72	-0.47	-0.75	0.53	0.35	0.56	-0.5	0.55	0.53	-0.29	-0.61	0.34	0.27	0.07	0.19		0.7	-0.31	-0.28	-0.42	0.22	0.11
Short Term Debt	0.55	0.63	-0.6	0.65	0.41	-0.45	-0.83	0.34	-0.08	0.75	-0.49	0.77	0.24	-0.1	-0.42	-0.03	0.12	-0.25	0.3	0.7		-0.34	-0.19	-0.43	0.12	0.08
Non Currrent Assets Other	-0.08	0.32	0.4	-0.27	-0.04	0.13	0.12	0.05	-0.11	-0.12	0.3	-0.15	-0.2	-0.23	0.13	-0.11	-0.15	-0.33	-0.16	-0.31	-0.34		0.25	0.84	-0.27	0.62
Intangible Assets	0.0	-0.12	-0.25	-0.35	0.09	0.47	0.36	0.39	0.45	-0.38	0.42	-0.39	0.02	-0.66	0.14	0.18	0.21	-0.32	-0.23	-0.28	-0.19	0.25		0.54	-0.96	0.15
Other Assets	-0.19	0.12	0.45	-0.22	-0.2	0.3	0.19	-0.02	-0.02	-0.13	0.42	-0.15	-0.32	-0.32	0.24	-0.26	-0.35	-0.36	-0.03	-0.42	-0.43	0.84	0.54		-0.51	0.55
Long Term Debt	-0.18	0.05	0.27	0.35	-0.25	-0.47	-0.27	-0.52	-0.46	0.34	-0.42	0.35	-0.14	0.78	-0.1	-0.23	-0.29	0.33	0.25	0.22	0.12	-0.27	-0.96	-0.51		-0.22
Short Term Investments	0.19	0.31	0.19	0.18	0.21	-0.24	-0.26	0.28	0.04	0.09	-0.13	0.14	0.17	-0.29	-0.42	-0.05	-0.04	-0.22	-0.13	0.11	0.08	0.62	0.15	0.55	-0.22

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Highway Holdings Account Relationship Matchups

Highway Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.5M	14.9M	13.9M	11.3M	10.2M	13.6M
Short Long Term Debt Total	2.0M	1.2M	2.1M	1.4M	1.3M	1.5M
Other Current Liab	1.6M	1.9M	2.0M	1.8M	2.1M	1.3M
Total Current Liabilities	4.0M	5.2M	4.1M	3.8M	4.4M	5.6M
Total Stockholder Equity	9.8M	9.3M	8.2M	6.6M	6.0M	9.1M
Property Plant And Equipment Net	3.6M	2.4M	2.9M	1.4M	1.2M	2.4M
Net Debt	(5.8M)	(4.8M)	(4.9M)	(5.2M)	(4.7M)	(4.9M)
Retained Earnings	(2.0M)	(2.3M)	(3.4M)	(5.0M)	(4.5M)	(4.3M)
Accounts Payable	653K	828K	928K	935K	841.5K	1.6M
Cash	7.8M	6.0M	7.0M	6.6M	7.6M	6.4M
Non Current Assets Total	4.0M	2.5M	3.2M	1.7M	1.5M	2.7M
Cash And Short Term Investments	7.8M	7.1M	7.0M	6.6M	7.6M	6.5M
Net Receivables	973K	2.3M	1.9M	1.3M	1.1M	1.1M
Common Stock Shares Outstanding	4.0M	4.2M	4.1M	4.4M	5.0M	3.9M
Liabilities And Stockholders Equity	15.5M	14.9M	13.9M	11.3M	10.2M	13.6M
Non Current Liabilities Total	1.7M	408K	1.6M	843K	969.5K	612.9K
Inventory	2.2M	2.4M	1.4M	1.6M	1.4M	2.8M
Other Current Assets	513K	620K	406K	226K	203.4K	193.2K
Other Stockholder Equity	11.7M	11.8M	12.0M	12.1M	13.9M	12.1M
Total Liab	5.7M	5.6M	5.7M	4.7M	5.4M	6.2M
Total Current Assets	11.5M	12.3M	10.7M	9.6M	11.1M	15.1M
Short Term Debt	1.6M	1.9M	573K	588K	676.2K	642.4K
Non Currrent Assets Other	377K	95K	308K	202K	232.3K	167.8K
Other Assets	358K	377K	95K	308K	277.2K	270.2K
Short Term Investments	108K	3K	1.1M	54K	2.7K	2.6K
Accumulated Other Comprehensive Income	48K	(303K)	(444K)	(501K)	(450.9K)	(473.4K)
Property Plant Equipment	4.6M	3.6M	2.4M	2.9M	2.6M	2.2M
Property Plant And Equipment Gross	3.6M	2.4M	2.9M	13.5M	15.5M	16.2M
Other Liab	229K	607K	140K	124K	142.6K	143.4K
Net Tangible Assets	10.1M	10.9M	9.8M	9.3M	8.3M	8.8M
Net Invested Capital	9.8M	9.3M	8.2M	6.6M	6.0M	7.6M
Net Working Capital	7.5M	7.1M	6.6M	5.8M	5.2M	6.2M
Capital Lease Obligations	2.0M	1.2M	2.1M	1.4M	1.3M	1.5M

When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:

How To Invest In Highway

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Is Highway Stock a good investment?

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What is Highway Holdings' Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Dividend Share

0.07

Earnings Share

(0.11)

Revenue Per Share

1.742

Quarterly Revenue Growth

0.601

Return On Assets

(0.02)

The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Highway Gross Profit vs Interest Income Analysis

Gross Profit vs Interest Income

Gross Profit vs Interest Income Correlation Analysis

Correlation Coefficient

Gross Profit

Interest Income

Highway Holdings fundamental ratios Correlations

Highway Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Highway Holdings fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.92	Total Stockholder Equity
Total Stockholder Equity	+ 0.89	Total Assets
Non Current Liabilities Total	+ 0.84	Non Current Assets Total
Other Assets	+ 0.84	Non Currrent Assets Other

Long Term Debt	- 0.96	Intangible Assets
Cash	- 0.91	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Short Term Debt	- 0.83	Net Debt
Common Stock Shares Outstanding	- 0.78	Retained Earnings
Total Current Assets	- 0.75	Net Debt