Hemisphere Accounts Payable vs Cash Analysis

HME Stock

CAD 1.85 0.01 0.54%

Hemisphere Energy financial indicator trend analysis is much more than just examining Hemisphere Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemisphere Energy is a good investment. Please check the relationship between Hemisphere Energy Accounts Payable and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemisphere Energy. 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.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemisphere Energy Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Hemisphere Energy's Accounts Payable and Cash is -0.18. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Hemisphere Energy, assuming nothing else is changed. The correlation between historical values of Hemisphere Energy's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Hemisphere Energy are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Hemisphere Energy's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Hemisphere Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hemisphere Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Hemisphere Energy, which is listed under current asset account on Hemisphere Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hemisphere Energy customers. The amounts must be unrestricted with restricted cash listed in a different Hemisphere Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Hemisphere Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemisphere Energy 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 Hemisphere Energy. 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.

At this time, Hemisphere Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 10 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2025.

Hemisphere Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Other Current Assets	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Other Assets	Short Long Term Debt	Short Term Debt	Common Stock
Total Assets		0.57	0.89	0.99	-0.08	0.27	0.27	0.7	0.99	0.79	0.66	0.9	0.93	0.55	-0.34	0.74	0.88	-0.02	0.91	0.09	0.97	0.82	-0.01	0.87	-0.24	0.9
Total Current Liabilities	0.57		0.64	0.58	-0.3	0.27	0.4	0.26	0.58	0.37	0.36	0.54	0.56	-0.12	-0.31	0.24	0.46	0.21	0.45	-0.28	0.52	0.59	0.04	0.36	0.18	0.53
Total Stockholder Equity	0.89	0.64		0.85	-0.51	0.62	0.3	0.8	0.86	0.81	0.8	0.92	0.75	0.14	-0.08	0.36	0.92	-0.14	0.83	-0.36	0.87	0.97	-0.13	0.58	-0.22	0.76
Property Plant And Equipment Net	0.99	0.58	0.85		0.02	0.17	0.3	0.61	1.0	0.72	0.58	0.86	0.96	0.6	-0.41	0.79	0.81	0.05	0.88	0.17	0.97	0.77	0.03	0.9	-0.21	0.92
Net Debt	-0.08	-0.3	-0.51	0.02		-0.91	-0.12	-0.49	0.0	-0.37	-0.54	-0.36	0.16	0.71	-0.48	0.59	-0.42	0.28	-0.16	0.97	-0.09	-0.6	0.32	0.34	0.07	0.03
Retained Earnings	0.27	0.27	0.62	0.17	-0.91		0.07	0.64	0.19	0.53	0.65	0.54	-0.04	-0.46	0.33	-0.35	0.61	-0.31	0.4	-0.83	0.3	0.73	-0.24	-0.13	-0.33	0.14
Accounts Payable	0.27	0.4	0.3	0.3	-0.12	0.07		-0.18	0.29	-0.1	-0.18	0.34	0.24	-0.03	0.12	0.11	0.12	0.81	0.18	-0.19	0.2	0.28	0.22	0.08	-0.16	0.27
Cash	0.7	0.26	0.8	0.61	-0.49	0.64	-0.18		0.63	0.95	0.98	0.71	0.51	0.17	0.06	0.26	0.9	-0.59	0.73	-0.26	0.67	0.77	-0.16	0.44	-0.24	0.51
Non Current Assets Total	0.99	0.58	0.86	1.0	0.0	0.19	0.29	0.63		0.74	0.6	0.87	0.96	0.59	-0.4	0.78	0.82	0.03	0.88	0.16	0.97	0.78	0.03	0.89	-0.21	0.91
Non Currrent Assets Other	0.79	0.37	0.81	0.72	-0.37	0.53	-0.1	0.95	0.74		0.92	0.77	0.64	0.31	-0.1	0.43	0.93	-0.46	0.8	-0.15	0.76	0.77	-0.2	0.61	-0.12	0.62
Cash And Short Term Investments	0.66	0.36	0.8	0.58	-0.54	0.65	-0.18	0.98	0.6	0.92		0.67	0.49	0.06	0.07	0.19	0.87	-0.6	0.67	-0.33	0.62	0.76	-0.13	0.36	-0.17	0.46
Net Receivables	0.9	0.54	0.92	0.86	-0.36	0.54	0.34	0.71	0.87	0.77	0.67		0.74	0.32	-0.11	0.5	0.93	0.04	0.89	-0.21	0.89	0.9	-0.24	0.67	-0.39	0.77
Common Stock Shares Outstanding	0.93	0.56	0.75	0.96	0.16	-0.04	0.24	0.51	0.96	0.64	0.49	0.74		0.64	-0.43	0.82	0.69	0.04	0.77	0.29	0.89	0.62	0.01	0.91	-0.03	0.88
Non Current Liabilities Total	0.55	-0.12	0.14	0.6	0.71	-0.46	-0.03	0.17	0.59	0.31	0.06	0.32	0.64		-0.49	0.94	0.31	0.09	0.51	0.83	0.55	0.05	0.15	0.82	-0.25	0.54
Other Stockholder Equity	-0.34	-0.31	-0.08	-0.41	-0.48	0.33	0.12	0.06	-0.4	-0.1	0.07	-0.11	-0.43	-0.49		-0.59	-0.05	0.0	-0.21	-0.5	-0.41	-0.08	-0.24	-0.6	-0.29	-0.53
Total Liab	0.74	0.24	0.36	0.79	0.59	-0.35	0.11	0.26	0.78	0.43	0.19	0.5	0.82	0.94	-0.59		0.46	0.17	0.66	0.72	0.72	0.26	0.16	0.92	-0.18	0.72
Total Current Assets	0.88	0.46	0.92	0.81	-0.42	0.61	0.12	0.9	0.82	0.93	0.87	0.93	0.69	0.31	-0.05	0.46		-0.24	0.91	-0.22	0.86	0.89	-0.22	0.63	-0.36	0.7
Other Current Liab	-0.02	0.21	-0.14	0.05	0.28	-0.31	0.81	-0.59	0.03	-0.46	-0.6	0.04	0.04	0.09	0.0	0.17	-0.24		-0.04	0.14	-0.06	-0.15	0.17	0.01	-0.17	0.01
Other Current Assets	0.91	0.45	0.83	0.88	-0.16	0.4	0.18	0.73	0.88	0.8	0.67	0.89	0.77	0.51	-0.21	0.66	0.91	-0.04		0.01	0.91	0.79	-0.15	0.77	-0.47	0.78
Short Long Term Debt Total	0.09	-0.28	-0.36	0.17	0.97	-0.83	-0.19	-0.26	0.16	-0.15	-0.33	-0.21	0.29	0.83	-0.5	0.72	-0.22	0.14	0.01		0.07	-0.46	0.31	0.48	0.01	0.16
Other Liab	0.97	0.52	0.87	0.97	-0.09	0.3	0.2	0.67	0.97	0.76	0.62	0.89	0.89	0.55	-0.41	0.72	0.86	-0.06	0.91	0.07		0.84	-0.08	0.89	-0.23	0.93
Net Tangible Assets	0.82	0.59	0.97	0.77	-0.6	0.73	0.28	0.77	0.78	0.77	0.76	0.9	0.62	0.05	-0.08	0.26	0.89	-0.15	0.79	-0.46	0.84		-0.16	0.51	-0.25	0.72
Other Assets	-0.01	0.04	-0.13	0.03	0.32	-0.24	0.22	-0.16	0.03	-0.2	-0.13	-0.24	0.01	0.15	-0.24	0.16	-0.22	0.17	-0.15	0.31	-0.08	-0.16		-0.04	-0.02	0.0
Short Long Term Debt	0.87	0.36	0.58	0.9	0.34	-0.13	0.08	0.44	0.89	0.61	0.36	0.67	0.91	0.82	-0.6	0.92	0.63	0.01	0.77	0.48	0.89	0.51	-0.04		-0.06	0.88
Short Term Debt	-0.24	0.18	-0.22	-0.21	0.07	-0.33	-0.16	-0.24	-0.21	-0.12	-0.17	-0.39	-0.03	-0.25	-0.29	-0.18	-0.36	-0.17	-0.47	0.01	-0.23	-0.25	-0.02	-0.06		-0.07
Common Stock	0.9	0.53	0.76	0.92	0.03	0.14	0.27	0.51	0.91	0.62	0.46	0.77	0.88	0.54	-0.53	0.72	0.7	0.01	0.78	0.16	0.93	0.72	0.0	0.88	-0.07

Click cells to compare fundamentals

Hemisphere Energy Account Relationship Matchups

Hemisphere Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	52.5M	67.1M	78.0M	90.7M	104.3M	109.6M
Total Current Liabilities	2.4M	14.6M	7.8M	11.4M	13.1M	13.8M
Total Stockholder Equity	16.3M	25.8M	53M	61.2M	70.4M	73.9M
Property Plant And Equipment Net	48.9M	61.8M	72.1M	74.1M	85.3M	89.5M
Net Debt	24.9M	20.7M	3.8M	(3.8M)	(4.4M)	(4.1M)
Retained Earnings	(39.2M)	(33.3M)	(19.5M)	(8.4M)	(7.5M)	(7.9M)
Accounts Payable	1.3M	7.2M	6.4M	3.3M	3.8M	1.9M
Cash	435.4K	(2.6M)	152K	7.2M	8.3M	8.7M
Non Current Assets Total	49.3M	61.9M	72.2M	76.4M	87.9M	92.3M
Cash And Short Term Investments	435.4K	(2.2M)	152K	7.2M	8.3M	8.7M
Net Receivables	1.9M	4.2M	4.8M	5.8M	6.6M	6.9M
Common Stock Shares Outstanding	88.2M	92.4M	101.2M	101.9M	117.2M	123.0M
Liabilities And Stockholders Equity	52.5M	67.1M	78.0M	90.7M	104.3M	109.6M
Non Current Liabilities Total	33.8M	26.8M	17.2M	18.1M	20.8M	21.9M
Other Stockholder Equity	1.2M	2.6M	5.3M	6.4M	5.8M	10.5M
Total Liab	36.2M	41.3M	25.0M	29.5M	33.9M	35.6M
Total Current Assets	3.2M	5.2M	5.8M	14.3M	16.5M	17.3M
Other Current Liab	2.3M	14.2M	7.2M	184.0K	211.6K	201.0K
Other Current Assets	827.3K	1.0M	828K	1.4M	1.6M	1.7M
Short Long Term Debt Total	25.3M	18.1M	3.9M	3.4M	3.9M	3.7M
Other Liab	7.5M	8.5M	9.1M	13.9M	16.0M	16.8M
Net Tangible Assets	16.8M	16.3M	25.8M	53M	61.0M	64.0M
Other Assets	880.8K	517.2K	380.4K	116K	104.4K	99.2K
Short Term Debt	82.8K	402.6K	633K	702K	631.8K	600.2K
Common Stock	54.3M	56.5M	67.1M	63.2M	72.6M	59.1M
Property Plant Equipment	56.7M	48.9M	61.8M	72.1M	82.9M	51.4M
Current Deferred Revenue	(1.3M)	(7.2M)	(6.4M)	7.2M	8.3M	8.7M
Long Term Debt	33.3M	32.8M	25.0M	15.5M	14.0M	19.8M
Net Invested Capital	41.3M	41.3M	53M	61.2M	70.4M	52.6M
Net Working Capital	784.4K	(9.3M)	(2.0M)	2.9M	2.6M	2.7M
Capital Stock	54.3M	56.5M	67.1M	63.2M	72.6M	64.3M
Capital Lease Obligations	332.5K	2.6M	3.9M	3.4M	3.9M	2.3M
Property Plant And Equipment Gross	109.2M	124.6M	142.8M	160.2M	184.2M	141.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Hemisphere Stock Analysis

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

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