Hoth Total Current Assets vs Cash And Short Term Investments Analysis
HOTH Stock | USD 0.85 0.01 1.16% |
Hoth Therapeutics financial indicator trend analysis is much more than just examining Hoth Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hoth Therapeutics is a good investment. Please check the relationship between Hoth Therapeutics Total Current Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hoth Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hoth Therapeutics Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Hoth Therapeutics' Total Current Assets and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hoth Therapeutics, assuming nothing else is changed. The correlation between historical values of Hoth Therapeutics' Total Current Assets and Cash And Short Term Investments 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 Hoth Therapeutics are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Hoth Therapeutics' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Hoth Therapeutics balance sheet. This account contains Hoth Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hoth Therapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Hoth Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hoth Therapeutics 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 Hoth Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.As of now, Hoth Therapeutics' Selling General Administrative is increasing as compared to previous years. The Hoth Therapeutics' current Enterprise Value Over EBITDA is estimated to increase to 26.71, while Issuance Of Capital Stock is projected to decrease to under 9.4 M.
Hoth Therapeutics fundamental ratios Correlations
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Hoth Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hoth Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8M | 5.2M | 11.0M | 6.8M | 9.5M | 5.8M | |
Other Current Liab | 36.2K | 182.7K | 506.8K | 692.7K | 585.4K | 347.6K | |
Total Current Liabilities | 440.1K | 312.1K | 867.8K | 1.4M | 678.7K | 641.9K | |
Total Stockholder Equity | 2.4M | 4.6M | 9.9M | 5.1M | 8.8M | 5.1M | |
Net Tangible Assets | 154.7K | 2.4M | 4.6M | 9.9M | 11.4M | 11.9M | |
Net Debt | (1.7M) | (2.6M) | (8.5M) | (6.4M) | (9.2M) | (8.8M) | |
Retained Earnings | (12.2M) | (19.4M) | (33.7M) | (45.1M) | (52.9M) | (50.3M) | |
Accounts Payable | 403.9K | 129.5K | 361.0K | 695.0K | 35.6K | 33.8K | |
Cash | 1.7M | 2.6M | 8.5M | 6.4M | 9.3M | 4.7M | |
Non Current Assets Total | 201.0K | 460K | 410K | 33K | 92.6K | 87.9K | |
Non Currrent Assets Other | 200K | 50K | 0.0 | 33K | (1.0) | (0.95) | |
Cash And Short Term Investments | 2.5M | 4.7M | 10.4M | 6.6M | 9.3M | 5.5M | |
Common Stock Shares Outstanding | 366.6K | 494.5K | 893.2K | 1.2M | 3.4M | 1.8M | |
Liabilities And Stockholders Equity | 2.8M | 5.2M | 11.0M | 6.8M | 9.5M | 5.8M | |
Non Current Liabilities Total | 403.9K | 285K | 235K | 250K | 26.3K | 25.0K | |
Other Stockholder Equity | 14.6M | 24.1M | 43.6M | 50.2M | 61.7M | 31.8M | |
Total Liab | 440.1K | 597.1K | 1.1M | 1.6M | 705.0K | 767.0K | |
Net Invested Capital | 2.4M | 4.6M | 9.9M | 5.1M | 8.8M | 5.1M | |
Total Current Assets | 2.6M | 4.8M | 10.6M | 6.7M | 9.4M | 5.6M | |
Accumulated Other Comprehensive Income | 0.0 | (15.4K) | 17.6K | 22.0K | 27.3K | 28.6K | |
Net Working Capital | 2.2M | 4.5M | 9.7M | 5.3M | 8.7M | 5.0M | |
Common Stock | 1.0K | 1.3K | 2.4K | 130.0 | 435.0 | 413.25 | |
Other Current Assets | 140.6K | 89.8K | 94.0K | 88.5K | 135.4K | 102.3K | |
Capital Stock | 1.0K | 1.3K | 2.4K | 130.0 | 435.0 | 818.0 |
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When determining whether Hoth Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hoth Therapeutics' 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 Hoth Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hoth Therapeutics Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hoth Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Pharmaceuticals 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 Hoth Therapeutics. If investors know Hoth 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 Hoth Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Return On Assets (0.46) | Return On Equity (0.83) |
The market value of Hoth Therapeutics is measured differently than its book value, which is the value of Hoth that is recorded on the company's balance sheet. Investors also form their own opinion of Hoth Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Hoth Therapeutics' 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 Hoth Therapeutics' market value can be influenced by many factors that don't directly affect Hoth Therapeutics' 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 Hoth Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoth Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoth Therapeutics' 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.