HMT Stock | | | 65.67 0.21 0.32% |
HMT financial indicator trend analysis is much more than just examining HMT Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HMT Limited is a good investment. Please check the relationship between HMT Short Term Debt and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HMT 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 board of governors.
Short Term Debt vs Total Revenue
Short Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HMT Limited Short Term Debt account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HMT's Short Term Debt and Total Revenue is -0.46. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of HMT Limited, assuming nothing else is changed. The correlation between historical values of HMT's Short Term Debt 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 Short Term Debt of HMT Limited 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 Short Term Debt i.e., HMT's Short Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Total Revenue
Total revenue comprises all receipts HMT Limited 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 HMT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HMT Limited 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 HMT 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 board of governors.
The current year's
Discontinued Operations is expected to grow to about 22.4
M, whereas
Selling General Administrative is forecasted to decline to about 5.1
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 660.3M | 622.1M | 565.8M | 537.5M | Total Revenue | 1.8B | 2.0B | 1.6B | 2.5B |
HMT fundamental ratios Correlations
Click cells to compare fundamentals
HMT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HMT fundamental ratios Accounts
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Other Information on Investing in HMT Stock
Balance Sheet is a snapshot of the
financial position of HMT Limited at a specified time, usually calculated after every quarter, six months, or one year. HMT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HMT 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 HMT currently owns. An asset can also be divided into two categories, current and non-current.