Hubbell Accounts Payable vs Retained Earnings Analysis
HUBB Stock | USD 458.85 1.89 0.41% |
Hubbell financial indicator trend analysis is much more than just examining Hubbell latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubbell is a good investment. Please check the relationship between Hubbell Accounts Payable and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
Accounts Payable vs Retained Earnings
Accounts Payable vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubbell Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hubbell's Accounts Payable and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hubbell, assuming nothing else is changed. The correlation between historical values of Hubbell's Accounts Payable and Retained Earnings 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 Hubbell are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Hubbell's Accounts Payable and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Hubbell 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 Hubbell 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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Hubbell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubbell 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 Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.19, whereas Selling General Administrative is forecasted to decline to about 496.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.5B | 1.9B | 1.1B | Total Revenue | 4.2B | 4.9B | 5.4B | 2.8B |
Hubbell fundamental ratios Correlations
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Hubbell Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubbell fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 5.1B | 5.3B | 5.4B | 6.9B | 7.3B | |
Short Long Term Debt Total | 1.6B | 1.6B | 1.4B | 1.4B | 2.3B | 2.4B | |
Total Current Liabilities | 844.9M | 948.2M | 1.1B | 1.1B | 1.3B | 1.4B | |
Total Stockholder Equity | 1.9B | 2.1B | 2.2B | 2.4B | 2.9B | 3.0B | |
Property Plant And Equipment Net | 505.2M | 519.2M | 459.5M | 528M | 799.7M | 839.7M | |
Net Debt | 1.4B | 1.3B | 1.2B | 1.0B | 2.0B | 2.1B | |
Retained Earnings | 2.3B | 2.4B | 2.6B | 2.7B | 3.2B | 3.3B | |
Cash | 182M | 259.6M | 286.2M | 440.5M | 336.1M | 228.8M | |
Non Current Assets Total | 3.3B | 3.5B | 3.4B | 3.4B | 4.7B | 5.0B | |
Non Currrent Assets Other | 174.6M | 173.3M | 320.8M | 146.9M | 141.9M | 106M | |
Cash And Short Term Investments | 196.2M | 268.9M | 295.6M | 454.8M | 348.7M | 245.3M | |
Net Receivables | 683M | 531.6M | 675.3M | 741.6M | 785.4M | 824.7M | |
Common Stock Shares Outstanding | 54.9M | 54.7M | 54.5M | 54.1M | 54M | 48.3M | |
Liabilities And Stockholders Equity | 4.9B | 5.1B | 5.3B | 5.4B | 6.9B | 7.3B | |
Non Current Liabilities Total | 2.1B | 2.1B | 2.0B | 1.9B | 2.7B | 2.8B | |
Inventory | 633M | 607.3M | 662.1M | 740.7M | 832.9M | 874.5M | |
Other Current Assets | 62M | 261.4M | 246.3M | 84.3M | 200.2M | 210.2M | |
Other Stockholder Equity | 13.5M | 4.9M | 9.4M | (345.2M) | 6.1M | 5.8M | |
Total Liab | 2.9B | 3.0B | 3.0B | 3.0B | 4.0B | 4.2B | |
Total Current Assets | 1.6B | 1.6B | 1.9B | 2.0B | 2.2B | 2.3B | |
Intangible Assets | 781.5M | 810.6M | 681.5M | 669.9M | 1.2B | 1.3B | |
Other Current Liab | 400.8M | 420.7M | 474.1M | 473.1M | 479.3M | 503.3M | |
Accounts Payable | 347.7M | 339.2M | 532.8M | 529.9M | 563.5M | 591.7M | |
Short Term Debt | 65.4M | 183.7M | 36.8M | 35.2M | 148M | 155.4M | |
Property Plant And Equipment Gross | 505.2M | 519.2M | 1.2B | 528M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | (332.9M) | (329.2M) | (330.8M) | (345.2M) | (312.4M) | (296.8M) | |
Other Liab | 519.9M | 614.6M | 540.1M | 420.7M | 483.8M | 274.0M | |
Other Assets | 55.3M | 246M | 320.8M | 31.9M | 36.7M | 34.9M | |
Long Term Debt | 1.5B | 1.4B | 1.4B | 1.4B | 2.0B | 2.1B | |
Good Will | 1.8B | 1.9B | 1.9B | 2.0B | 2.5B | 2.7B | |
Property Plant Equipment | 505.2M | 519.2M | 459.5M | 528M | 607.2M | 419.5M | |
Current Deferred Revenue | 31M | 30.9M | 16.7M | 45.8M | 111.5M | 117.1M | |
Short Term Investments | 14.2M | 9.3M | 9.4M | 14.3M | 12.6M | 24.7M | |
Net Tangible Assets | (646.2M) | (663.9M) | (323M) | 390.4M | 351.4M | 229.1M | |
Noncontrolling Interest In Consolidated Entity | 13.4M | 15.4M | 10.9M | 9.7M | 11.2M | 11.3M | |
Retained Earnings Total Equity | 2.3B | 2.4B | 2.6B | 2.7B | 3.1B | 2.2B | |
Long Term Debt Total | 1.5B | 1.4B | 1.4B | 1.4B | 1.7B | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's 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 Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electrical Components & Equipment 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 Hubbell. If investors know Hubbell 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 Hubbell listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.095 | Dividend Share 4.88 | Earnings Share 13.9 | Revenue Per Share 105.077 | Quarterly Revenue Growth 0.049 |
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell's 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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell's 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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell's 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.