Hycroft Total Revenue vs Income Tax Expense Analysis
HYMC Stock | USD 2.38 0.06 2.59% |
Hycroft Mining financial indicator trend analysis is much more than just examining Hycroft Mining Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hycroft Mining Holding is a good investment. Please check the relationship between Hycroft Mining Total Revenue and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hycroft Mining Holding Total Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Hycroft Mining's Total Revenue and Income Tax Expense is 0.05. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hycroft Mining Holding, assuming nothing else is changed. The correlation between historical values of Hycroft Mining's Total Revenue and Income Tax Expense 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 Revenue of Hycroft Mining Holding are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., Hycroft Mining's Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Hycroft Mining Holding 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.Income Tax Expense
Most indicators from Hycroft Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hycroft Mining Holding 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 Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. The current year's Selling General Administrative is expected to grow to about 14.1 M, whereas Tax Provision is projected to grow to (1.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 9.0M | 3.8M | 3.9M | 5.4M | Interest Income | 43K | 2.3M | 8.3M | 8.7M |
Hycroft Mining fundamental ratios Correlations
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Hycroft Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hycroft Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 4.8M | 4.3M | 4.9M | 2.9M | 6.2M | 4.1M | |
Total Current Liabilities | 569.5M | 21.7M | 31.3M | 12.0M | 11.7M | 11.2M | |
Other Liab | 4.4M | 51.7M | 35.6M | 40.9M | 47.1M | 30.0M | |
Net Tangible Assets | (439.3M) | 16.6M | (68.5M) | 63.3M | 72.8M | 76.4M | |
Retained Earnings | (444.4M) | (517.0M) | (609.3M) | (670.2M) | (725.2M) | (688.9M) | |
Accounts Payable | 10.7M | 12.3M | 9.4M | 5.6M | 1.6M | 1.5M | |
Other Assets | 64.4M | 60.4M | 118.9M | 46.1M | 41.5M | 59.9M | |
Inventory | 4.5M | 12.9M | 11.1M | 2.8M | 1.8M | 1.7M | |
Other Current Assets | 22.1M | 42.3M | 12.4M | 2.8M | 3.3M | 3.2M | |
Total Current Assets | 38.8M | 112M | 37.4M | 152.4M | 113.6M | 75.4M | |
Common Stock | 200.5M | 203.1M | 6K | 20K | 21K | 20.0K | |
Property Plant Equipment | 31.5M | 60.2M | 58.5M | 54.8M | 49.3M | 89.5M | |
Total Assets | 134.6M | 232.6M | 142.3M | 249.0M | 201.7M | 184.5M | |
Total Stockholder Equity | (439.3M) | 31.9M | (68.5M) | 63.3M | 12.7M | 13.3M | |
Net Debt | 547.7M | 91.4M | 148.3M | (7.0M) | 38.8M | 36.8M | |
Cash | 6.2M | 56.4M | 12.3M | 142.0M | 106.2M | 111.5M | |
Cash And Short Term Investments | 6.2M | 56.4M | 12.3M | 142.0M | 106.2M | 111.5M | |
Common Stock Total Equity | 200.5M | 203.1M | 6K | 20K | 18K | 17.1K | |
Common Stock Shares Outstanding | 3.0M | 3.5M | 6.0M | 17.0M | 21.1M | 22.2M | |
Liabilities And Stockholders Equity | 134.6M | 232.6M | 142.3M | 249.0M | 201.7M | 184.5M | |
Other Stockholder Equity | (197.9M) | 537.4M | 540.8M | 733.4M | 737.8M | 370.1M | |
Total Liab | 573.9M | 200.7M | 210.8M | 185.6M | 189.0M | 215.0M | |
Non Current Assets Total | 95.9M | 120.6M | 104.9M | 96.6M | 88.1M | 95.9M | |
Non Current Liabilities Total | 4.4M | 179.0M | 179.6M | 173.6M | 177.3M | 132.2M |
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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 Hycroft Mining Holding is a strong investment it is important to analyze Hycroft Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hycroft Mining's future performance. For an informed investment choice regarding Hycroft Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Metals & Mining 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 Hycroft Mining. If investors know Hycroft 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 Hycroft Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.58) | Revenue Per Share 0.571 | Quarterly Revenue Growth (0.52) | Return On Assets (0.18) | Return On Equity (4.39) |
The market value of Hycroft Mining Holding is measured differently than its book value, which is the value of Hycroft that is recorded on the company's balance sheet. Investors also form their own opinion of Hycroft Mining's value that differs from its market value or its book value, called intrinsic value, which is Hycroft Mining'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 Hycroft Mining's market value can be influenced by many factors that don't directly affect Hycroft Mining'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 Hycroft Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hycroft Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hycroft Mining'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.