Houston Accumulated Depreciation vs Short Term Investments Analysis
HUSA Stock | USD 1.38 0.12 9.52% |
Houston American financial indicator trend analysis is much more than just examining Houston American Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Houston American Energy is a good investment. Please check the relationship between Houston American Accumulated Depreciation and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houston American 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 state.
Accumulated Depreciation vs Short Term Investments
Accumulated Depreciation vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Houston American Energy Accumulated Depreciation account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Houston American's Accumulated Depreciation and Short Term Investments is 0.71. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Houston American Energy, assuming nothing else is changed. The correlation between historical values of Houston American's Accumulated Depreciation and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Houston American Energy are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accumulated Depreciation i.e., Houston American's Accumulated Depreciation and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Houston American Energy fixed asset that has been charged to Houston American expense since that asset was acquired and made available for Houston American use. The accumulated depreciation account is Houston American 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 Houston American Energy.Short Term Investments
Short Term Investments is an item under the current assets section of Houston American balance sheet. It contains any investments Houston American Energy undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Houston American Energy can easily liquidate in the marketplace.Most indicators from Houston American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Houston American 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 Houston American 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 state. At present, Houston American's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 4.18, whereas Issuance Of Capital Stock is forecasted to decline to about 3.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.5M | 1.6M | 1.9M | 1.3M | Cost Of Revenue | 871.8K | 836.5K | 641.5K | 1.0M |
Houston American fundamental ratios Correlations
Click cells to compare fundamentals
Houston American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Houston American fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.1M | 6.8M | 10.7M | 11.7M | 10.4M | 11.6M | |
Other Current Liab | 447.0 | 939.0 | 15.2K | 16.0K | 17.1K | 16.2K | |
Total Current Liabilities | 966.0K | 231.7K | 142.0K | 195.2K | 248.9K | 236.5K | |
Total Stockholder Equity | 5.8M | 6.4M | 10.3M | 11.3M | 10.0M | 14.2M | |
Property Plant And Equipment Net | 6.7M | 5.2M | 5.1M | 4.8M | 1.7M | 1.6M | |
Net Debt | 817.0K | (1.0M) | (4.6M) | (4.3M) | (3.9M) | (4.1M) | |
Retained Earnings | (68.0M) | (72.0M) | (73.0M) | (73.8M) | (77.0M) | (73.1M) | |
Cash | 97.9K | 1.2M | 4.9M | 4.5M | 4.1M | 4.8M | |
Non Current Assets Total | 6.9M | 5.5M | 5.5M | 6.9M | 6.2M | 7.6M | |
Cash And Short Term Investments | 97.9K | 1.2M | 4.9M | 4.5M | 4.1M | 4.3M | |
Net Receivables | 80.2K | 95.8K | 214.7K | 164.6K | 71.7K | 68.1K | |
Common Stock Shares Outstanding | 5.3M | 6.9M | 9.7M | 10.0M | 10.8M | 11.3M | |
Liabilities And Stockholders Equity | 7.1M | 6.8M | 10.7M | 11.7M | 10.4M | 11.6M | |
Total Liab | 1.2M | 403.4K | 421.9K | 414.3K | 383.1K | 363.9K | |
Total Current Assets | 217.6K | 1.4M | 5.2M | 4.8M | 4.2M | 6.1M | |
Common Stock | 65.9K | 7.0K | 9.9K | 10.3K | 10.9K | 10.4K | |
Accounts Payable | 270.1K | 120.1K | 69.6K | 113.7K | 156.6K | 163.5K | |
Common Stock Total Equity | 59.3K | 62.4K | 65.9K | 6.98 | 8.03 | 7.63 | |
Other Current Assets | 39.5K | 35.8K | 85.4K | 84.5K | 35.2K | 33.5K | |
Other Stockholder Equity | 73.8M | 78.5M | 83.3M | 85.1M | 87.0M | 71.8M | |
Property Plant And Equipment Gross | 6.7M | 5.0K | 65.5M | 65.4M | 63.0M | 66.2M | |
Non Current Liabilities Total | 263.6K | 171.8K | 280.0K | 219.1K | 134.2K | 201.4K | |
Property Plant Equipment | 6.9M | 6.4M | 5.0M | 5.1M | 5.8M | 7.1M | |
Other Liab | 82.7K | 44.2K | 63.9K | 68.2K | 61.4K | 68.6K | |
Net Tangible Assets | 7.7M | 5.8M | 6.4M | 10.3M | 9.3M | 9.5M | |
Retained Earnings Total Equity | (65.2M) | (65.5M) | (68.0M) | (72.0M) | (64.8M) | (68.1M) | |
Capital Surpluse | 72.5M | 73.1M | 73.8M | 78.5M | 90.2M | 73.5M | |
Accumulated Depreciation | (55.7M) | (56.1M) | (57.3M) | (60.2M) | (54.1M) | (56.8M) | |
Net Invested Capital | 6.4M | 6.4M | 10.3M | 11.3M | 10.0M | 9.4M | |
Net Working Capital | (748.4K) | 1.1M | 5.1M | 4.6M | 3.9M | 2.4M | |
Capital Stock | 65.9K | 7.0K | 9.9K | 10.3K | 10.9K | 10.4K |
Also Currently Popular
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.TLN | Talen Energy | |
TMUS | T Mobile | |
BABA | Alibaba Group Holding |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houston American 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 state. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil & Gas Exploration & Production 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 Houston American. If investors know Houston 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 Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.057 | Quarterly Revenue Growth (0.43) | Return On Assets (0.08) | Return On Equity (0.27) |
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American'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 Houston American's market value can be influenced by many factors that don't directly affect Houston American'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 Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American'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.