Hour Historical Balance Sheet

HOUR Stock  USD 1.83  0.02  1.08%   
Trend analysis of Hour Loop balance sheet accounts such as Other Current Liabilities of 7.4 M or Total Current Liabilities of 11.2 M provides information on Hour Loop's total assets, liabilities, and equity, which is the actual value of Hour Loop to its prevalent stockholders. By breaking down trends over time using Hour Loop 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Hour Loop 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 Hour Loop is a good buy for the upcoming year.

Hour Loop Inventory

10.58 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hour Loop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Hour Stock, please use our How to Invest in Hour Loop guide.

About Hour Balance Sheet Analysis

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

Hour Loop Balance Sheet Chart

At this time, Hour Loop's Cash And Short Term Investments are relatively stable compared to the past year. As of 02/26/2025, Net Receivables is likely to grow to about 1.3 M, while Total Current Liabilities is likely to drop slightly above 11.2 M.

Total Assets

Total assets refers to the total amount of Hour Loop 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 Hour Loop 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 Hour Loop balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hour Loop 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 Hour Loop's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hour Loop 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 Hour Loop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Hour Stock, please use our How to Invest in Hour Loop guide.At this time, Hour Loop's Cash And Short Term Investments are relatively stable compared to the past year. As of 02/26/2025, Net Receivables is likely to grow to about 1.3 M, while Total Current Liabilities is likely to drop slightly above 11.2 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total1.1M4.9M5.6M5.9M
Total Assets25.7M19.6M22.5M17.3M

Hour Loop balance sheet Correlations

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0.740.820.780.570.580.180.32-0.380.450.60.760.870.810.60.870.580.820.00.630.610.730.780.690.440.81
0.640.820.530.630.590.310.6-0.540.180.230.920.730.620.230.990.770.420.140.680.330.880.630.820.60.62
0.960.780.530.840.760.57-0.190.020.870.830.690.960.940.830.630.310.940.440.830.940.710.980.750.670.93
0.940.570.630.840.90.76-0.120.060.720.60.80.850.790.60.690.380.610.640.910.80.830.890.910.850.77
0.810.580.590.760.90.41-0.270.310.560.740.610.740.640.740.620.230.590.290.670.780.620.750.780.540.61
0.710.180.310.570.760.41-0.03-0.150.710.190.650.590.580.190.370.310.320.980.830.540.710.670.630.910.58
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-0.07-0.38-0.540.020.060.31-0.15-0.940.20.47-0.53-0.2-0.240.47-0.53-0.680.02-0.06-0.290.31-0.49-0.12-0.27-0.35-0.26
0.810.450.180.870.720.560.71-0.430.20.770.460.770.720.770.290.060.790.680.690.930.520.820.470.60.72
0.680.60.230.830.60.740.19-0.550.470.770.280.70.611.00.31-0.080.850.130.410.930.30.690.380.190.59
0.820.760.920.690.80.610.650.48-0.530.460.280.850.770.280.950.750.510.50.890.51.00.80.90.850.77
0.960.870.730.960.850.740.590.07-0.20.770.70.850.950.70.80.470.880.440.890.840.860.980.850.740.95
0.950.810.620.940.790.640.580.05-0.240.720.610.770.950.610.710.470.880.420.90.770.790.980.840.761.0
0.680.60.230.830.60.740.19-0.550.470.771.00.280.70.610.31-0.080.850.130.410.930.30.690.380.190.59
0.720.870.990.630.690.620.370.55-0.530.290.310.950.80.710.310.770.520.20.740.420.920.710.850.650.7
0.430.580.770.310.380.230.310.7-0.680.06-0.080.750.470.47-0.080.770.210.180.550.070.720.430.610.550.48
0.820.820.420.940.610.590.32-0.20.020.790.850.510.880.880.850.520.210.190.640.870.520.870.560.420.88
0.580.00.140.440.640.290.98-0.12-0.060.680.130.50.440.420.130.20.180.190.690.470.570.530.460.810.42
0.950.630.680.830.910.670.830.14-0.290.690.410.890.890.90.410.740.550.640.690.680.920.930.930.960.9
0.870.610.330.940.80.780.54-0.460.310.930.930.50.840.770.930.420.070.870.470.680.540.870.580.520.76
0.840.730.880.710.830.620.710.43-0.490.520.31.00.860.790.30.920.720.520.570.920.540.820.90.890.78
0.990.780.630.980.890.750.67-0.04-0.120.820.690.80.980.980.690.710.430.870.530.930.870.820.860.80.97
0.890.690.820.750.910.780.630.22-0.270.470.380.90.850.840.380.850.610.560.460.930.580.90.860.870.83
0.830.440.60.670.850.540.910.2-0.350.60.190.850.740.760.190.650.550.420.810.960.520.890.80.870.76
0.940.810.620.930.770.610.580.07-0.260.720.590.770.951.00.590.70.480.880.420.90.760.780.970.830.76
Click cells to compare fundamentals

Hour Loop Account Relationship Matchups

Hour Loop balance sheet Accounts

202020212022202320242025 (projected)
Total Assets9.8M18.8M25.7M19.6M22.5M17.3M
Short Long Term Debt Total84.5K5.2M1.1M4.9M5.6M5.9M
Other Current Liab1.7M661.2K1.3M6.1M7.0M7.4M
Total Current Liabilities5.7M16.2M14.5M10.9M12.6M11.2M
Total Stockholder Equity4.2M2.7M6.8M4.5M5.1M4.1M
Property Plant And Equipment Net99.5K45.8K724.9K232.7K267.6K266.8K
Net Debt(4.9M)(5.4M)(3.5M)2.4M2.8M2.9M
Retained Earnings4.2M2.7M1.2M(1.3M)(1.1M)(1.1M)
Accounts Payable3.2M9.5M11.9M3.8M4.4M6.9M
Cash5.0M10.6M4.6M2.5M2.9M5.2M
Non Current Assets Total99.5K91.3K1.3M1.5M1.8M1.9M
Cash And Short Term Investments5.0M10.6M4.6M2.5M2.9M5.2M
Net Receivables216.7K240.6K352.4K1.1M1.2M1.3M
Liabilities And Stockholders Equity9.8M18.8M25.7M19.6M22.5M17.3M
Non Current Liabilities Total6.1K9.5M4.4M4.2M4.8M4.1M
Capital Lease Obligations57.5K0.0450.2K84.6K97.3K144.5K
Inventory4.4M7.0M18.8M14.3M16.4M10.6M
Other Current Assets339.9K850.7K741.2K281.2K323.4K492.1K
Total Liab5.7M16.2M18.9M15.1M17.4M13.2M
Net Invested Capital4.2M2.7M7.5M9.3M10.7M5.4M
Property Plant And Equipment Gross99.5K45.8K724.9K452.7K520.6K315.2K
Total Current Assets9.7M18.7M24.5M18.0M20.7M16.6M
Accumulated Other Comprehensive Income(3.2K)(7.9K)(23.0K)(25.6K)(23.1K)(21.9K)
Net Working Capital4.1M2.6M10.0M7.1M8.2M5.4M
Short Term Debt78.5K5.2M1.0M734.7K844.9K1.6M

Pair Trading with Hour Loop

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hour Loop position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hour Loop will appreciate offsetting losses from the drop in the long position's value.

Moving against Hour Stock

  0.54DLTH Duluth Holdings Earnings Call This WeekPairCorr
  0.53FTEL Fitell OrdinaryPairCorr
  0.5GPC Genuine PartsPairCorr
  0.48GES Guess IncPairCorr
  0.46CAL ContinentalPairCorr
The ability to find closely correlated positions to Hour Loop could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hour Loop when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hour Loop - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hour Loop to buy it.
The correlation of Hour Loop is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hour Loop moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hour Loop moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hour Loop can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Hour Stock Analysis

When running Hour Loop's price analysis, check to measure Hour Loop's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hour Loop is operating at the current time. Most of Hour Loop's value examination focuses on studying past and present price action to predict the probability of Hour Loop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hour Loop's price. Additionally, you may evaluate how the addition of Hour Loop to your portfolios can decrease your overall portfolio volatility.