Houston Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Houston American Energy Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Houston American's Property Plant And Equipment Net and Accounts Payable is 0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Houston American Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Houston American's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Houston American 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 Houston American 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.
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 Expenses1.5M1.6M1.9M1.3M
Cost Of Revenue871.8K836.5K641.5K1.0M

Houston American fundamental ratios Correlations

-0.420.250.220.970.89-0.820.520.820.920.890.850.71-0.160.220.910.040.00.070.010.8-0.240.120.88-0.330.92
-0.420.290.32-0.53-0.310.470.1-0.5-0.53-0.41-0.490.07-0.70.3-0.270.820.76-0.220.8-0.160.29-0.77-0.410.12-0.49
0.250.290.990.020.02-0.20.050.18-0.06-0.080.170.84-0.250.990.530.230.270.240.280.270.11-0.23-0.08-0.15-0.03
0.220.320.99-0.02-0.01-0.140.090.13-0.08-0.10.120.82-0.271.00.480.260.260.280.270.250.04-0.25-0.1-0.06-0.06
0.97-0.530.02-0.020.89-0.810.50.820.960.920.840.53-0.07-0.020.82-0.04-0.080.02-0.070.75-0.260.210.92-0.330.95
0.89-0.310.02-0.010.89-0.550.530.540.950.920.590.51-0.3-0.010.650.160.150.070.170.69-0.17-0.070.92-0.320.95
-0.820.47-0.2-0.14-0.81-0.55-0.28-0.99-0.63-0.6-0.99-0.57-0.1-0.14-0.890.20.160.160.17-0.610.1-0.34-0.590.4-0.61
0.520.10.050.090.50.53-0.280.310.480.690.350.41-0.710.070.460.62-0.02-0.40.080.55-0.64-0.340.70.430.49
0.82-0.50.180.130.820.54-0.990.310.630.611.00.550.120.130.88-0.21-0.21-0.13-0.210.61-0.180.370.6-0.330.62
0.92-0.53-0.06-0.080.960.95-0.630.480.630.950.670.44-0.08-0.080.67-0.03-0.040.15-0.030.67-0.250.170.94-0.31.0
0.89-0.41-0.08-0.10.920.92-0.60.690.610.950.650.45-0.28-0.110.660.16-0.06-0.07-0.020.68-0.360.021.0-0.160.94
0.85-0.490.170.120.840.59-0.990.351.00.670.650.570.080.120.89-0.18-0.19-0.14-0.190.63-0.190.350.65-0.320.65
0.710.070.840.820.530.51-0.570.410.550.440.450.57-0.390.810.860.310.260.120.280.62-0.06-0.220.45-0.260.46
-0.16-0.7-0.25-0.27-0.07-0.3-0.1-0.710.12-0.08-0.280.08-0.39-0.25-0.18-0.95-0.570.4-0.66-0.360.130.87-0.29-0.18-0.1
0.220.30.991.0-0.02-0.01-0.140.070.13-0.08-0.110.120.81-0.250.480.240.250.30.260.250.03-0.23-0.11-0.06-0.06
0.91-0.270.530.480.820.65-0.890.460.880.670.660.890.86-0.180.480.070.02-0.010.030.78-0.20.090.65-0.310.67
0.040.820.230.26-0.040.160.20.62-0.21-0.030.16-0.180.31-0.950.240.070.69-0.310.770.22-0.04-0.810.170.190.01
0.00.760.270.26-0.080.150.16-0.02-0.21-0.04-0.06-0.190.26-0.570.250.020.690.060.990.10.56-0.66-0.06-0.440.0
0.07-0.220.240.280.020.070.16-0.4-0.130.15-0.07-0.140.120.40.3-0.01-0.310.060.0-0.090.030.23-0.07-0.170.16
0.010.80.280.27-0.070.170.170.08-0.21-0.03-0.02-0.190.28-0.660.260.030.770.990.00.130.49-0.72-0.02-0.360.01
0.8-0.160.270.250.750.69-0.610.550.610.670.680.630.62-0.360.250.780.220.1-0.090.13-0.39-0.090.68-0.110.68
-0.240.290.110.04-0.26-0.170.1-0.64-0.18-0.25-0.36-0.19-0.060.130.03-0.2-0.040.560.030.49-0.39-0.14-0.37-0.77-0.24
0.12-0.77-0.23-0.250.21-0.07-0.34-0.340.370.170.020.35-0.220.87-0.230.09-0.81-0.660.23-0.72-0.09-0.140.010.00.13
0.88-0.41-0.08-0.10.920.92-0.590.70.60.941.00.650.45-0.29-0.110.650.17-0.06-0.07-0.020.68-0.370.01-0.150.94
-0.330.12-0.15-0.06-0.33-0.320.40.43-0.33-0.3-0.16-0.32-0.26-0.18-0.06-0.310.19-0.44-0.17-0.36-0.11-0.770.0-0.15-0.3
0.92-0.49-0.03-0.060.950.95-0.610.490.621.00.940.650.46-0.1-0.060.670.010.00.160.010.68-0.240.130.94-0.3
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Houston American Account Relationship Matchups

Houston American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1M6.8M10.7M11.7M10.4M11.6M
Other Current Liab447.0939.015.2K16.0K17.1K16.2K
Total Current Liabilities966.0K231.7K142.0K195.2K248.9K236.5K
Total Stockholder Equity5.8M6.4M10.3M11.3M10.0M14.2M
Property Plant And Equipment Net6.7M5.2M5.1M4.8M1.7M1.6M
Net Debt817.0K(1.0M)(4.6M)(4.3M)(3.9M)(4.1M)
Retained Earnings(68.0M)(72.0M)(73.0M)(73.8M)(77.0M)(73.1M)
Cash97.9K1.2M4.9M4.5M4.1M4.8M
Non Current Assets Total6.9M5.5M5.5M6.9M6.2M7.6M
Cash And Short Term Investments97.9K1.2M4.9M4.5M4.1M4.3M
Net Receivables80.2K95.8K214.7K164.6K71.7K68.1K
Common Stock Shares Outstanding5.3M6.9M9.7M10.0M10.8M11.3M
Liabilities And Stockholders Equity7.1M6.8M10.7M11.7M10.4M11.6M
Total Liab1.2M403.4K421.9K414.3K383.1K363.9K
Total Current Assets217.6K1.4M5.2M4.8M4.2M6.1M
Common Stock65.9K7.0K9.9K10.3K10.9K10.4K
Accounts Payable270.1K120.1K69.6K113.7K156.6K163.5K
Common Stock Total Equity59.3K62.4K65.9K6.988.037.63
Other Current Assets39.5K35.8K85.4K84.5K35.2K33.5K
Other Stockholder Equity73.8M78.5M83.3M85.1M87.0M71.8M
Property Plant And Equipment Gross6.7M5.0K65.5M65.4M63.0M66.2M
Non Current Liabilities Total263.6K171.8K280.0K219.1K134.2K201.4K
Property Plant Equipment6.9M6.4M5.0M5.1M5.8M7.1M
Other Liab82.7K44.2K63.9K68.2K61.4K68.6K
Net Tangible Assets7.7M5.8M6.4M10.3M9.3M9.5M
Retained Earnings Total Equity(65.2M)(65.5M)(68.0M)(72.0M)(64.8M)(68.1M)
Capital Surpluse72.5M73.1M73.8M78.5M90.2M73.5M
Accumulated Depreciation(55.7M)(56.1M)(57.3M)(60.2M)(54.1M)(56.8M)
Net Invested Capital6.4M6.4M10.3M11.3M10.0M9.4M
Net Working Capital(748.4K)1.1M5.1M4.6M3.9M2.4M
Capital Stock65.9K7.0K9.9K10.3K10.9K10.4K

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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 Houston American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Houston American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Houston American Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Houston American Energy Stock:
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.