HMT Total Current Assets vs Current Deferred Revenue Analysis

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 Total Current Assets and its Current Deferred 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.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HMT Limited Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HMT's Total Current Assets and Current Deferred Revenue is -0.06. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred 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 Total Current Assets and Current Deferred 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 Total Current Assets of HMT Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., HMT's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit660.3M622.1M565.8M537.5M
Total Revenue1.8B2.0B1.6B2.5B

HMT fundamental ratios Correlations

-0.04-0.28-0.470.780.07-0.180.810.970.980.860.47-0.10.240.41-0.30.22-0.480.91-0.110.130.14-0.17-0.230.16-0.11
-0.04-0.570.13-0.04-0.280.99-0.35-0.020.01-0.14-0.18-0.06-0.25-0.380.370.00.04-0.11-0.16-0.37-0.110.71-0.350.160.32
-0.28-0.570.56-0.58-0.1-0.560.19-0.33-0.370.0-0.290.03-0.18-0.040.080.150.66-0.090.530.130.1-0.410.65-0.56-0.08
-0.470.130.56-0.86-0.670.15-0.15-0.53-0.52-0.16-0.450.03-0.74-0.460.720.320.95-0.240.72-0.450.30.520.72-0.490.21
0.78-0.04-0.58-0.860.32-0.110.380.760.810.510.45-0.240.410.33-0.52-0.02-0.90.55-0.60.18-0.02-0.31-0.620.620.03
0.07-0.28-0.1-0.670.32-0.270.050.140.03-0.210.340.090.910.67-0.88-0.62-0.43-0.08-0.480.66-0.43-0.65-0.5-0.06-0.58
-0.180.99-0.560.15-0.11-0.27-0.49-0.16-0.12-0.28-0.22-0.05-0.26-0.420.4-0.060.06-0.25-0.18-0.39-0.120.71-0.340.180.34
0.81-0.350.19-0.150.380.05-0.490.820.770.910.380.250.230.5-0.280.31-0.130.930.230.330.09-0.310.11-0.34-0.38
0.97-0.02-0.33-0.530.760.14-0.160.820.980.840.520.110.370.48-0.340.14-0.540.91-0.10.220.06-0.19-0.240.07-0.23
0.980.01-0.37-0.520.810.03-0.120.770.980.860.44-0.010.250.34-0.270.21-0.570.9-0.180.120.11-0.14-0.270.21-0.08
0.86-0.140.0-0.160.51-0.21-0.280.910.840.860.270.11-0.010.2-0.120.45-0.250.960.070.110.17-0.12-0.02-0.06-0.07
0.47-0.18-0.29-0.450.450.34-0.220.380.520.440.270.080.420.45-0.42-0.14-0.390.35-0.010.26-0.11-0.17-0.240.04-0.27
-0.1-0.060.030.03-0.240.09-0.050.250.11-0.010.110.080.30.270.0-0.110.00.180.280.3-0.16-0.060.13-0.58-0.49
0.24-0.25-0.18-0.740.410.91-0.260.230.370.25-0.010.420.30.71-0.79-0.5-0.530.12-0.40.76-0.54-0.66-0.44-0.16-0.65
0.41-0.38-0.04-0.460.330.67-0.420.50.480.340.20.450.270.71-0.54-0.22-0.30.410.060.440.01-0.47-0.16-0.22-0.59
-0.30.370.080.72-0.52-0.880.4-0.28-0.34-0.27-0.12-0.420.0-0.79-0.540.420.55-0.160.54-0.710.420.70.57-0.040.56
0.220.00.150.32-0.02-0.62-0.060.310.140.210.45-0.14-0.11-0.5-0.220.420.190.340.31-0.040.020.220.27-0.090.26
-0.480.040.660.95-0.9-0.430.06-0.13-0.54-0.57-0.25-0.390.0-0.53-0.30.550.19-0.30.71-0.260.150.360.71-0.630.03
0.91-0.11-0.09-0.240.55-0.08-0.250.930.910.90.960.350.180.120.41-0.160.34-0.30.10.110.22-0.12-0.06-0.07-0.15
-0.11-0.160.530.72-0.6-0.48-0.180.23-0.1-0.180.07-0.010.28-0.40.060.540.310.710.1-0.230.380.240.8-0.6-0.14
0.13-0.370.13-0.450.180.66-0.390.330.220.120.110.260.30.760.44-0.71-0.04-0.260.11-0.23-0.76-0.65-0.27-0.43-0.73
0.14-0.110.10.3-0.02-0.43-0.120.090.060.110.17-0.11-0.16-0.540.010.420.020.150.220.38-0.760.260.410.280.4
-0.170.71-0.410.52-0.31-0.650.71-0.31-0.19-0.14-0.12-0.17-0.06-0.66-0.470.70.220.36-0.120.24-0.650.260.120.070.33
-0.23-0.350.650.72-0.62-0.5-0.340.11-0.24-0.27-0.02-0.240.13-0.44-0.160.570.270.71-0.060.8-0.270.410.12-0.50.01
0.160.16-0.56-0.490.62-0.060.18-0.340.070.21-0.060.04-0.58-0.16-0.22-0.04-0.09-0.63-0.07-0.6-0.430.280.07-0.50.62
-0.110.32-0.080.210.03-0.580.34-0.38-0.23-0.08-0.07-0.27-0.49-0.65-0.590.560.260.03-0.15-0.14-0.730.40.330.010.62
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HMT Account Relationship Matchups

HMT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B6.8B6.4B7.0B6.0B11.6B
Short Long Term Debt Total9.9B10.2B37.2B37.3B10.3B16.3B
Other Current Liab40.4B14.9B8.7B10.1B12.0B22.2B
Total Current Liabilities51.3B53.3B47.8B49.6B23.2B33.2B
Total Stockholder Equity(46.0B)(47.1B)(41.8B)(43.0B)(17.5B)(18.4B)
Property Plant And Equipment Net575.1M517.3M482.4M462.1M419.5M733.5M
Net Debt7.8B8.3B37.0B36.3B10.0B14.3B
Cash2.1B1.9B167.0M955.4M319.1M303.1M
Non Current Assets Total765.2M849.6M1.3B768.2M549.1M521.7M
Non Currrent Assets Other63.5M(29.6M)37.3M1.7B2.2B2.1B
Cash And Short Term Investments2.1B1.9B1.4B2.5B2.5B1.6B
Net Receivables29.6M2.3B2.3B(16K)1.4B1.4B
Liabilities And Stockholders Equity7.3B6.8B6.4B7.0B6.0B11.6B
Non Current Liabilities Total2.0B695.1M368.5M399.9M350.8M333.2M
Inventory1.9B1.7B1.4B1.2B1.2B1.4B
Other Current Assets2.5B2.3B2.3B2.5B1.8B1.1B
Other Stockholder Equity1.2B1.2B1.0(27K)1.2B1.2B
Total Liab53.3B54.0B48.2B50.0B23.6B42.7B
Total Current Assets6.5B6.0B5.1B6.2B5.5B4.8B
Accumulated Other Comprehensive Income(4.1B)1.2B1.2B1.2B1.2B1.2B
Intangible Assets96.6M94.1M126.6M112.5M98.4M0.0
Accounts Payable1.1B1.0B875.0M819.7M953.4M947.2M
Short Term Debt9.0B37.3B36.4B38.0B10.3B13.6B
Current Deferred Revenue38.4B38.7B6.0B5.5B6.0B5.7B
Retained Earnings(50.8B)(51.9B)(46.5B)(47.8B)(22.3B)(23.4B)
Short Term Investments829.6M70.9M1.2B1.6B2.1B2.3B
Other Liab768.2M515.9M368.5M399.8M359.8M341.8M
Net Tangible Assets(46.2B)(47.2B)(41.9B)(43.0B)(38.7B)(40.7B)
Other Assets68.1M188.2M109.3M97.0M111.5M82.7M
Short Long Term Debt8.7B358.8M37.2B37.3B10.3B12.7B
Property Plant Equipment575.1M517.3M482.4M462.1M415.9M580.7M
Net Invested Capital(36.2B)(46.6B)(4.6B)(5.8B)(7.2B)(7.6B)
Net Working Capital(44.8B)(47.3B)(42.8B)(43.4B)(17.7B)(18.6B)

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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.