Hallador Accounts Payable vs Accumulated Depreciation Analysis
HNRG Stock | USD 12.39 0.01 0.08% |
Hallador Energy financial indicator trend analysis is much more than just examining Hallador Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hallador Energy is a good investment. Please check the relationship between Hallador Energy Accounts Payable and its Accumulated Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hallador Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Hallador Stock please use our How to Invest in Hallador Energy guide.
Accounts Payable vs Accumulated Depreciation
Accounts Payable vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hallador Energy Accounts Payable account and Accumulated Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hallador Energy's Accounts Payable and Accumulated Depreciation is -0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Hallador Energy, assuming nothing else is changed. The correlation between historical values of Hallador Energy's Accounts Payable and Accumulated Depreciation 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 Hallador Energy are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Accounts Payable i.e., Hallador Energy's Accounts Payable and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Hallador Energy 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 Hallador Energy 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.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Hallador Energy fixed asset that has been charged to Hallador Energy expense since that asset was acquired and made available for Hallador Energy use. The accumulated depreciation account is Hallador Energy asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Hallador Energy.Most indicators from Hallador Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hallador Energy 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 Hallador Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Hallador Stock please use our How to Invest in Hallador Energy guide.At this time, Hallador Energy's Enterprise Value Over EBITDA is most likely to drop slightly in the upcoming years. The Hallador Energy's current Enterprise Value Multiple is estimated to increase to 3.23, while Sales General And Administrative To Revenue is projected to decrease to 0.04.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.5M | 8.3M | 13.7M | 14.4M | Depreciation And Amortization | 38.0M | 47.9M | 67.2M | 70.6M |
Hallador Energy fundamental ratios Correlations
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Hallador Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hallador Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 425.6M | 384.1M | 354.0M | 630.6M | 589.8M | 619.3M | |
Short Long Term Debt Total | 173.6M | 141.6M | 107.8M | 101.7M | 119.7M | 90.2M | |
Other Current Liab | 15.7M | 11.3M | 10.3M | 18.6M | 16.3M | 17.1M | |
Total Current Liabilities | 64.8M | 71.2M | 64.6M | 239.6M | 157.6M | 165.5M | |
Total Stockholder Equity | 191.5M | 185.3M | 182.2M | 215.0M | 268.6M | 282.0M | |
Property Plant And Equipment Net | 329.7M | 309.4M | 302.8M | 480.5M | 488.6M | 513.1M | |
Net Debt | 164.8M | 133.6M | 105.2M | 98.7M | 112.6M | 66.5M | |
Retained Earnings | 89.0M | 81.6M | 77.8M | 95.9M | 140.7M | 147.7M | |
Cash | 8.8M | 8.0M | 2.5M | 3.0M | 7.1M | 11.3M | |
Non Current Assets Total | 343.2M | 320.8M | 314.7M | 492.0M | 498.5M | 523.4M | |
Non Currrent Assets Other | 10.3M | 8.3M | 8.4M | 3.0M | 7.1M | 5.5M | |
Cash And Short Term Investments | 9.0M | 8.0M | 2.5M | 3.0M | 2.8M | 2.7M | |
Net Receivables | 25.6M | 14.4M | 13.6M | 49.5M | 19.9M | 10.9M | |
Common Stock Total Equity | 304K | 306K | 308K | 330K | 379.5K | 240.7K | |
Common Stock Shares Outstanding | 30.3M | 30.4M | 30.6M | 33.6M | 36.8M | 21.7M | |
Liabilities And Stockholders Equity | 425.6M | 384.1M | 354.0M | 630.6M | 589.8M | 619.3M | |
Non Current Liabilities Total | 165.3M | 123.7M | 103.1M | 175.9M | 163.6M | 98.9M | |
Other Current Assets | 7.8M | 7.3M | 5.4M | 8.0M | 6.5M | 5.0M | |
Other Stockholder Equity | 102.2M | 103.4M | 104.1M | 118.8M | 127.5M | 77.6M | |
Total Liab | 230.1M | 194.9M | 167.7M | 415.5M | 321.2M | 337.3M | |
Property Plant And Equipment Gross | 329.7M | 309.4M | 571.2M | 480.5M | 823.6M | 864.8M | |
Total Current Assets | 82.4M | 63.3M | 39.2M | 138.5M | 91.3M | 95.8M | |
Common Stock | 304K | 306K | 308K | 330K | 341K | 246.6K | |
Short Term Investments | 2.3M | 245K | 3.2M | (4.3M) | (4.9M) | (4.7M) | |
Short Term Debt | 33.0M | 42.6M | 24.0M | 33.2M | 28.4M | 22.0M | |
Accounts Payable | 16.1M | 14.8M | 27.8M | 62.3M | 43.6M | 45.8M | |
Other Liab | 23.9M | 21.2M | 18.5M | 107.2M | 123.2M | 129.4M | |
Other Assets | 10.3M | 8.3M | 8.4M | 7.6M | 8.7M | 7.2M | |
Long Term Debt | 140.6M | 101.8M | 84.7M | 59.7M | 82.5M | 91.9M | |
Property Plant Equipment | 198.9M | 309.4M | 302.8M | 480.5M | 552.5M | 580.2M | |
Inventory | 40.1M | 33.6M | 17.7M | 78.1M | 62.0M | 65.0M | |
Net Tangible Assets | 191.5M | 189.3M | 182.2M | 215.0M | 247.3M | 220.2M | |
Retained Earnings Total Equity | 89.0M | 81.6M | 77.8M | 95.9M | 110.3M | 103.5M | |
Capital Surpluse | 102.2M | 103.4M | 104.1M | 118.8M | 136.6M | 107.4M | |
Deferred Long Term Liab | 26.4M | 4.6M | 2.9M | 88.7M | 102.0M | 107.1M | |
Non Current Liabilities Other | 20.0M | 123.7M | 15.6M | 27.5M | 1.8M | 1.7M | |
Accumulated Depreciation | (203.4M) | (224.7M) | (220.8M) | (268.4M) | (241.5M) | (253.6M) | |
Long Term Debt Total | 155.7M | 140.6M | 84.7M | 59.7M | 68.7M | 129.8M |
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When determining whether Hallador Energy is a strong investment it is important to analyze Hallador Energy'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 Hallador Energy's future performance. For an informed investment choice regarding Hallador 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 Hallador Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Hallador Stock please use our How to Invest in Hallador Energy guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil, Gas & Consumable Fuels 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 Hallador Energy. If investors know Hallador 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 Hallador Energy 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 (0.92) | Earnings Share (0.58) | Revenue Per Share 11.555 | Quarterly Revenue Growth (0.37) | Return On Assets (0.01) |
The market value of Hallador Energy is measured differently than its book value, which is the value of Hallador that is recorded on the company's balance sheet. Investors also form their own opinion of Hallador Energy's value that differs from its market value or its book value, called intrinsic value, which is Hallador Energy'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 Hallador Energy's market value can be influenced by many factors that don't directly affect Hallador Energy'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 Hallador Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hallador Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hallador Energy'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.