HITECH Historical Balance Sheet

HITECH Stock

102.50 2.89 2.74%

Trend analysis of Hi Tech Pipes Limited balance sheet accounts such as Other Current Liabilities of 89.8 M or Total Current Liabilities of 2.8 B provides information on Hi Tech's total assets, liabilities, and equity, which is the actual value of Hi Tech Pipes to its prevalent stockholders. By breaking down trends over time using Hi Tech balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Hi Tech Pipes latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hi Tech Pipes is a good buy for the upcoming year.

Hi Tech Inventory

4.19 Billion

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hi Tech Pipes 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 main economic indicators.

About HITECH Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hi Tech Pipes at a specified time, usually calculated after every quarter, six months, or one year. Hi Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hi Tech 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 HITECH currently owns. An asset can also be divided into two categories, current and non-current.

Hi Tech Balance Sheet Chart

At present, Hi Tech's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 89.8 M, whereas Short and Long Term Debt Total is forecasted to decline to about 2.6 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Hi Tech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hi Tech Pipes books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hi Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hi Tech Pipes Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Hi Tech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hi Tech Pipes current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Hi Tech Pipes 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 main economic indicators.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	2.4B	4.0B	4.6B	2.6B
Total Assets	9.2B	11.8B	13.6B	14.2B

Short Long Term Debt Total Total Assets

Hi Tech balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.79	-0.39	0.87	0.99	1.0	0.79	0.98	0.93	-0.46	1.0	0.93	-0.22	0.98	0.79	0.78	1.0	0.66	0.86	1.0	0.82	0.76	0.93	0.85	0.99	0.15
Short Long Term Debt Total	0.79		-0.67	0.91	0.72	0.82	1.0	0.73	0.57	-0.62	0.8	0.55	-0.47	0.8	0.76	0.95	0.79	0.33	0.94	0.78	0.98	0.89	0.71	0.86	0.74	0.12
Other Current Liab	-0.39	-0.67		-0.44	-0.33	-0.45	-0.64	-0.32	-0.16	0.74	-0.42	-0.14	0.67	-0.49	-0.44	-0.56	-0.39	0.12	-0.49	-0.37	-0.61	-0.48	-0.43	-0.35	-0.35	-0.03
Total Current Liabilities	0.87	0.91	-0.44		0.85	0.88	0.92	0.85	0.8	-0.51	0.87	0.77	-0.18	0.86	0.86	0.88	0.88	0.47	0.99	0.87	0.95	0.87	0.78	0.94	0.87	0.26
Total Stockholder Equity	0.99	0.72	-0.33	0.85		0.98	0.73	0.98	0.96	-0.41	0.99	0.97	-0.18	0.96	0.77	0.71	0.98	0.71	0.83	0.99	0.78	0.71	0.94	0.81	0.98	0.12
Property Plant And Equipment Net	1.0	0.82	-0.45	0.88	0.98		0.83	0.98	0.91	-0.51	1.0	0.9	-0.26	0.97	0.8	0.82	0.99	0.63	0.88	0.99	0.85	0.78	0.92	0.86	0.98	0.17
Net Debt	0.79	1.0	-0.64	0.92	0.73	0.83		0.75	0.59	-0.62	0.8	0.57	-0.46	0.8	0.76	0.96	0.8	0.35	0.95	0.78	0.98	0.88	0.7	0.87	0.75	0.13
Retained Earnings	0.98	0.73	-0.32	0.85	0.98	0.98	0.75		0.94	-0.49	0.98	0.94	-0.21	0.94	0.72	0.75	0.98	0.69	0.84	0.98	0.78	0.67	0.89	0.81	0.99	0.15
Accounts Payable	0.93	0.57	-0.16	0.8	0.96	0.91	0.59	0.94		-0.33	0.93	0.98	0.06	0.89	0.74	0.6	0.93	0.67	0.75	0.94	0.65	0.61	0.85	0.77	0.96	0.28
Cash	-0.46	-0.62	0.74	-0.51	-0.41	-0.51	-0.62	-0.49	-0.33		-0.49	-0.27	0.62	-0.49	-0.29	-0.57	-0.46	-0.01	-0.54	-0.43	-0.59	-0.33	-0.4	-0.37	-0.48	-0.21
Non Current Assets Total	1.0	0.8	-0.42	0.87	0.99	1.0	0.8	0.98	0.93	-0.49		0.92	-0.22	0.97	0.8	0.8	0.99	0.65	0.87	0.99	0.83	0.77	0.92	0.85	0.99	0.17
Non Currrent Assets Other	0.93	0.55	-0.14	0.77	0.97	0.9	0.57	0.94	0.98	-0.27	0.92		0.02	0.88	0.74	0.56	0.92	0.74	0.72	0.93	0.64	0.6	0.89	0.75	0.95	0.17
Cash And Short Term Investments	-0.22	-0.47	0.67	-0.18	-0.18	-0.26	-0.46	-0.21	0.06	0.62	-0.22	0.02		-0.32	0.09	-0.28	-0.17	0.03	-0.22	-0.21	-0.42	-0.09	-0.32	0.01	-0.12	0.57
Net Receivables	0.98	0.8	-0.49	0.86	0.96	0.97	0.8	0.94	0.89	-0.49	0.97	0.88	-0.32		0.75	0.74	0.96	0.55	0.84	0.98	0.85	0.75	0.95	0.79	0.94	0.08
Common Stock Shares Outstanding	0.79	0.76	-0.44	0.86	0.77	0.8	0.76	0.72	0.74	-0.29	0.8	0.74	0.09	0.75		0.8	0.81	0.49	0.86	0.78	0.79	0.91	0.72	0.92	0.8	0.41
Non Current Liabilities Total	0.78	0.95	-0.56	0.88	0.71	0.82	0.96	0.75	0.6	-0.57	0.8	0.56	-0.28	0.74	0.8		0.81	0.38	0.94	0.77	0.91	0.9	0.62	0.91	0.77	0.33
Inventory	1.0	0.79	-0.39	0.88	0.98	0.99	0.8	0.98	0.93	-0.46	0.99	0.92	-0.17	0.96	0.81	0.81		0.66	0.88	0.99	0.82	0.79	0.91	0.88	0.99	0.22
Other Current Assets	0.66	0.33	0.12	0.47	0.71	0.63	0.35	0.69	0.67	-0.01	0.65	0.74	0.03	0.55	0.49	0.38	0.66		0.45	0.67	0.37	0.42	0.69	0.54	0.66	-0.12
Total Liab	0.86	0.94	-0.49	0.99	0.83	0.88	0.95	0.84	0.75	-0.54	0.87	0.72	-0.22	0.84	0.86	0.94	0.88	0.45		0.86	0.97	0.9	0.75	0.96	0.86	0.29
Total Current Assets	1.0	0.78	-0.37	0.87	0.99	0.99	0.78	0.98	0.94	-0.43	0.99	0.93	-0.21	0.98	0.78	0.77	0.99	0.67	0.86		0.82	0.76	0.93	0.84	0.98	0.13
Short Term Debt	0.82	0.98	-0.61	0.95	0.78	0.85	0.98	0.78	0.65	-0.59	0.83	0.64	-0.42	0.85	0.79	0.91	0.82	0.37	0.97	0.82		0.88	0.77	0.88	0.78	0.1
Common Stock	0.76	0.89	-0.48	0.87	0.71	0.78	0.88	0.67	0.61	-0.33	0.77	0.6	-0.09	0.75	0.91	0.9	0.79	0.42	0.9	0.76	0.88		0.69	0.94	0.74	0.33
Other Stockholder Equity	0.93	0.71	-0.43	0.78	0.94	0.92	0.7	0.89	0.85	-0.4	0.92	0.89	-0.32	0.95	0.72	0.62	0.91	0.69	0.75	0.93	0.77	0.69		0.72	0.89	-0.07
Other Liab	0.85	0.86	-0.35	0.94	0.81	0.86	0.87	0.81	0.77	-0.37	0.85	0.75	0.01	0.79	0.92	0.91	0.88	0.54	0.96	0.84	0.88	0.94	0.72		0.86	0.41
Net Tangible Assets	0.99	0.74	-0.35	0.87	0.98	0.98	0.75	0.99	0.96	-0.48	0.99	0.95	-0.12	0.94	0.8	0.77	0.99	0.66	0.86	0.98	0.78	0.74	0.89	0.86		0.27
Current Deferred Revenue	0.15	0.12	-0.03	0.26	0.12	0.17	0.13	0.15	0.28	-0.21	0.17	0.17	0.57	0.08	0.41	0.33	0.22	-0.12	0.29	0.13	0.1	0.33	-0.07	0.41	0.27

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Hi Tech Account Relationship Matchups

Hi Tech balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.0B	7.7B	9.2B	11.8B	13.6B	14.2B
Short Long Term Debt Total	3.2B	3.9B	2.4B	4.0B	4.6B	2.6B
Other Current Liab	76.8M	74.3M	158.7M	84.7M	76.2M	89.8M
Total Current Liabilities	2.6B	3.4B	3.8B	4.7B	5.4B	2.8B
Total Stockholder Equity	2.1B	2.6B	4.2B	5.8B	6.6B	7.0B
Property Plant And Equipment Net	2.4B	2.7B	3.2B	4.2B	4.8B	5.0B
Net Debt	3.2B	3.9B	2.3B	4.0B	4.6B	2.5B
Retained Earnings	1.1B	1.5B	1.9B	2.3B	2.6B	2.8B
Accounts Payable	492.3M	796.6M	1.7B	1.6B	1.8B	1.9B
Cash	6.3M	9.0M	18.9M	23.3M	21.0M	38.4M
Non Current Assets Total	2.4B	2.8B	3.6B	4.6B	5.3B	5.6B
Non Currrent Assets Other	52.4M	66.3M	389.8M	433.9M	499.0M	524.0M
Cash And Short Term Investments	6.3M	9.0M	211.7M	23.3M	21.0M	20.0M
Net Receivables	1.2B	1.7B	1.9B	2.8B	3.2B	3.4B
Liabilities And Stockholders Equity	6.0B	7.7B	9.2B	11.8B	13.6B	14.2B
Non Current Liabilities Total	1.3B	1.7B	1.2B	1.4B	1.6B	912.7M
Inventory	1.9B	2.6B	3.1B	3.5B	4.0B	4.2B
Other Current Assets	477.7M	626.5M	571.6M	863.9M	993.5M	1.0B
Total Liab	3.9B	5.1B	5.0B	6.0B	6.9B	3.8B
Total Current Assets	3.6B	4.9B	5.5B	7.2B	8.2B	8.6B
Short Term Debt	2.0B	2.4B	1.8B	3.0B	3.4B	1.8B
Common Stock	112.1M	122.7M	127.8M	149.9M	172.4M	102.1M
Other Stockholder Equity	462.0M	619.8M	967.6M	2.5B	2.8B	3.0B
Other Liab	136.8M	168.9M	203.6M	254.9M	293.1M	164.8M
Net Tangible Assets	1.7B	2.1B	2.6B	4.2B	4.8B	5.0B
Current Deferred Revenue	99.4M	164.1M	538.6M	42.2M	48.5M	46.1M
Other Assets	66.0M	(1K)	110.1M	2.7M	3.1M	2.9M
Long Term Debt	631.0M	378.3M	940.3M	1.1B	1.2B	763.3M
Short Long Term Debt	1.8B	2.2B	1.4B	2.6B	3.0B	1.7B
Accumulated Other Comprehensive Income	396.8M	353.1M	1.2B	841.4M	967.6M	1.0B
Intangible Assets	125K	200K	5.7M	5.3M	6.1M	6.4M
Property Plant Equipment	2.0B	2.3B	2.7B	2.3B	2.6B	1.8B
Long Term Debt Total	974.3M	659.4M	393.8M	155.4M	139.9M	132.9M
Short Term Investments	162.9M	161.7M	192.8M	236.6M	272.1M	285.7M
Net Invested Capital	5.0B	6.2B	6.5B	9.4B	10.8B	6.3B
Net Working Capital	964.6M	1.5B	1.7B	2.5B	2.9B	3.0B
Capital Stock	112.1M	122.7M	127.8M	149.9M	172.4M	133.6M
Property Plant And Equipment Gross	2.7B	3.1B	3.2B	4.2B	4.8B	3.4B

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HITECH Historical Balance Sheet

Hi Tech Inventory

4.19 Billion

About HITECH Balance Sheet Analysis

Hi Tech Balance Sheet Chart

Total Assets

Total Current Liabilities

Hi Tech balance sheet Correlations

Hi Tech Account Relationship Matchups

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Hi Tech balance sheet Accounts

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Current Liab	- 0.67	Short Long Term Debt Total
Net Debt	- 0.64	Other Current Liab
Cash	- 0.62	Net Debt
Cash	- 0.62	Short Long Term Debt Total
Short Term Debt	- 0.61	Other Current Liab
Short Term Debt	- 0.59	Cash