Highway Net Receivables vs Total Assets 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 Net Receivables and its Total Assets 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highway Holdings Net Receivables account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Highway Holdings' Net Receivables and Total Assets is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets 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' Net Receivables and Total 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 Net Receivables of Highway Holdings Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Highway Holdings' Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Total Assets

Total assets refers to the total amount of Highway Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Highway Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

Click cells to compare fundamentals

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

Details

Is Highway Stock a good investment?

Details

What is Highway Holdings' Net Worth?

Details

Largest Industrial Machinery & Supplies & Components Companies

View

Largest Metal Fabrication Companies

View

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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Highway Net Receivables vs Total Assets Analysis

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Assets

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