Hirequest Net Income vs Operating Income Analysis

HQI Stock

USD 12.94 0.28 2.21%

Hirequest financial indicator trend analysis is much more than just examining Hirequest latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hirequest is a good investment. Please check the relationship between Hirequest Net Income and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Net Income account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hirequest's Net Income and Operating Income is 0.79. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Hirequest are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Hirequest's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hirequest financial statement analysis. It represents the amount of money remaining after all of Hirequest operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Hirequest operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hirequest is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Hirequest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hirequest 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 Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.The Hirequest's current Enterprise Value is estimated to increase to about 117.9 M, while Selling General Administrative is projected to decrease to under 13.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	22.6M	28.9M	35.1M	19.4M
Total Revenue	22.8M	31.0M	37.9M	59.1M

Gross Profit Total Revenue

Hirequest fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets	Total Current Assets	Property Plant And Equipment Net	Good Will
Total Assets		0.98	0.84	0.97	0.91	0.89	-0.26	0.96	-0.32	0.82	0.91	0.95	0.38	-0.25	-0.34	0.5	0.26	-0.34	0.98	-0.25	-0.67	0.33	0.72	0.97	0.91	0.35
Total Stockholder Equity	0.98		0.86	0.93	0.92	0.81	-0.28	0.88	-0.39	0.7	0.88	0.87	0.37	-0.33	-0.34	0.54	0.23	-0.34	0.95	-0.35	-0.65	0.33	0.66	0.97	0.89	0.28
Retained Earnings	0.84	0.86		0.81	0.79	0.7	-0.73	0.74	-0.64	0.58	0.84	0.74	-0.1	-0.44	0.13	0.66	0.21	0.13	0.86	-0.55	-0.54	-0.13	0.63	0.83	0.95	0.01
Non Current Assets Total	0.97	0.93	0.81		0.8	0.86	-0.25	0.96	-0.29	0.83	0.87	0.96	0.28	-0.26	-0.25	0.36	0.22	-0.25	0.93	-0.24	-0.72	0.23	0.81	0.88	0.88	0.47
Common Stock Shares Outstanding	0.91	0.92	0.79	0.8		0.86	-0.27	0.82	-0.33	0.63	0.83	0.8	0.49	-0.27	-0.47	0.66	0.38	-0.47	0.94	-0.25	-0.5	0.47	0.47	0.96	0.88	0.02
Non Current Liabilities Total	0.89	0.81	0.7	0.86	0.86		-0.23	0.92	-0.15	0.73	0.74	0.89	0.41	-0.07	-0.38	0.48	0.59	-0.38	0.91	-0.04	-0.47	0.37	0.52	0.85	0.85	0.14
Other Stockholder Equity	-0.26	-0.28	-0.73	-0.25	-0.27	-0.23		-0.21	0.69	-0.14	-0.39	-0.21	0.68	0.39	-0.69	-0.55	-0.11	-0.69	-0.33	0.58	0.09	0.69	-0.26	-0.27	-0.58	0.35
Total Liab	0.96	0.88	0.74	0.96	0.82	0.92	-0.21		-0.19	0.92	0.87	1.0	0.36	-0.13	-0.32	0.4	0.28	-0.32	0.94	-0.09	-0.65	0.31	0.75	0.9	0.86	0.42
Common Stock	-0.32	-0.39	-0.64	-0.29	-0.33	-0.15	0.69	-0.19		-0.08	-0.38	-0.21	0.34	0.44	-0.34	-0.44	-0.05	-0.34	-0.36	0.84	0.09	0.34	-0.22	-0.35	-0.5	0.11
Short Long Term Debt Total	0.82	0.7	0.58	0.83	0.63	0.73	-0.14	0.92	-0.08		0.82	0.94	0.27	0.0	-0.23	0.29	-0.01	-0.23	0.78	0.03	-0.64	0.22	0.77	0.75	0.68	0.6
Other Current Liab	0.91	0.88	0.84	0.87	0.83	0.74	-0.39	0.87	-0.38	0.82		0.88	0.23	-0.35	-0.2	0.65	0.05	-0.2	0.9	-0.33	-0.58	0.19	0.69	0.89	0.84	0.38
Total Current Liabilities	0.95	0.87	0.74	0.96	0.8	0.89	-0.21	1.0	-0.21	0.94	0.88		0.33	-0.14	-0.29	0.37	0.21	-0.29	0.93	-0.1	-0.68	0.28	0.79	0.88	0.84	0.48
Net Debt	0.38	0.37	-0.1	0.28	0.49	0.41	0.68	0.36	0.34	0.27	0.23	0.33		0.16	-1.0	0.08	0.26	-1.0	0.37	0.3	-0.14	1.0	-0.02	0.44	0.07	0.23
Accounts Payable	-0.25	-0.33	-0.44	-0.26	-0.27	-0.07	0.39	-0.13	0.44	0.0	-0.35	-0.14	0.16		-0.16	-0.22	0.06	-0.16	-0.28	0.49	0.21	0.17	-0.33	-0.23	-0.36	0.03
Cash	-0.34	-0.34	0.13	-0.25	-0.47	-0.38	-0.69	-0.32	-0.34	-0.23	-0.2	-0.29	-1.0	-0.16		-0.07	-0.26	1.0	-0.34	-0.3	0.11	-1.0	0.06	-0.41	-0.05	-0.2
Non Currrent Assets Other	0.5	0.54	0.66	0.36	0.66	0.48	-0.55	0.4	-0.44	0.29	0.65	0.37	0.08	-0.22	-0.07		0.32	-0.07	0.6	-0.39	0.03	0.08	-0.01	0.63	0.58	-0.28
Other Assets	0.26	0.23	0.21	0.22	0.38	0.59	-0.11	0.28	-0.05	-0.01	0.05	0.21	0.26	0.06	-0.26	0.32		-0.26	0.36	-0.06	0.23	0.25	-0.23	0.29	0.35	-0.39
Cash And Short Term Investments	-0.34	-0.34	0.13	-0.25	-0.47	-0.38	-0.69	-0.32	-0.34	-0.23	-0.2	-0.29	-1.0	-0.16	1.0	-0.07	-0.26		-0.34	-0.3	0.11	-1.0	0.06	-0.41	-0.05	-0.2
Net Receivables	0.98	0.95	0.86	0.93	0.94	0.91	-0.33	0.94	-0.36	0.78	0.9	0.93	0.37	-0.28	-0.34	0.6	0.36	-0.34		-0.29	-0.6	0.33	0.65	0.98	0.92	0.21
Common Stock Total Equity	-0.25	-0.35	-0.55	-0.24	-0.25	-0.04	0.58	-0.09	0.84	0.03	-0.33	-0.1	0.3	0.49	-0.3	-0.39	-0.06	-0.3	-0.29		0.05	0.3	-0.17	-0.26	-0.39	0.03
Short Term Investments	-0.67	-0.65	-0.54	-0.72	-0.5	-0.47	0.09	-0.65	0.09	-0.64	-0.58	-0.68	-0.14	0.21	0.11	0.03	0.23	0.11	-0.6	0.05		-0.1	-0.88	-0.58	-0.55	-0.4
Inventory	0.33	0.33	-0.13	0.23	0.47	0.37	0.69	0.31	0.34	0.22	0.19	0.28	1.0	0.17	-1.0	0.08	0.25	-1.0	0.33	0.3	-0.1		-0.07	0.41	0.04	0.2
Other Current Assets	0.72	0.66	0.63	0.81	0.47	0.52	-0.26	0.75	-0.22	0.77	0.69	0.79	-0.02	-0.33	0.06	-0.01	-0.23	0.06	0.65	-0.17	-0.88	-0.07		0.58	0.65	0.57
Total Current Assets	0.97	0.97	0.83	0.88	0.96	0.85	-0.27	0.9	-0.35	0.75	0.89	0.88	0.44	-0.23	-0.41	0.63	0.29	-0.41	0.98	-0.26	-0.58	0.41	0.58		0.89	0.19
Property Plant And Equipment Net	0.91	0.89	0.95	0.88	0.88	0.85	-0.58	0.86	-0.5	0.68	0.84	0.84	0.07	-0.36	-0.05	0.58	0.35	-0.05	0.92	-0.39	-0.55	0.04	0.65	0.89		0.06
Good Will	0.35	0.28	0.01	0.47	0.02	0.14	0.35	0.42	0.11	0.6	0.38	0.48	0.23	0.03	-0.2	-0.28	-0.39	-0.2	0.21	0.03	-0.4	0.2	0.57	0.19	0.06

Click cells to compare fundamentals

Hirequest Account Relationship Matchups

Hirequest fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.9M	49.1M	77.4M	103.3M	105.6M	110.9M
Total Stockholder Equity	31.3M	36.4M	46.7M	58.3M	62.7M	65.9M
Retained Earnings	3.7M	7.7M	16.4M	25.5M	28.3M	29.8M
Non Current Assets Total	9.9M	9.5M	35.3M	51.4M	54.1M	56.8M
Common Stock Shares Outstanding	11.6M	13.7M	13.6M	13.7M	13.8M	14.5M
Liabilities And Stockholders Equity	46.9M	49.1M	77.4M	103.3M	105.6M	110.9M
Non Current Liabilities Total	4.6M	3.3M	9.1M	8.2M	7.1M	7.5M
Other Stockholder Equity	27.6M	28.7M	30.3M	32.7M	34.4M	41.5M
Total Liab	15.6M	12.7M	30.6M	45.0M	42.9M	45.0M
Common Stock	13.5K	13.6K	13.7K	14K	16.1K	30.9K
Short Long Term Debt Total	853.6K	398.9K	3.2M	16.5M	14.8M	15.5M
Other Current Liab	10.8M	9.0M	4.3M	23.1M	17.1M	17.9M
Total Current Liabilities	11.0M	9.5M	21.5M	36.8M	35.7M	37.5M
Net Debt	(4.2M)	(13.7M)	2.0M	13.5M	13.4M	14.1M
Accounts Payable	253.8K	457.5K	1.1M	448K	137K	130.2K
Cash	4.2M	13.7M	1.3M	3.0M	1.3M	1.3M
Non Currrent Assets Other	8.0M	5.9M	4.0M	7.3M	2.5M	2.8M
Other Assets	8.0M	623.5K	25.3M	7.3M	1.0	0.95
Cash And Short Term Investments	4.2M	13.7M	1.3M	3.0M	1.3M	1.3M
Net Receivables	31.6M	23.5M	39.7M	46.1M	46.2M	48.5M
Common Stock Total Equity	13.5K	13.6K	13.7K	14K	16.1K	29.1K
Inventory	1.0M	1.4M	369.2K	915K	1.1M	1.1M
Other Current Assets	201.4K	344.1K	659.4K	1.8M	3.9M	4.1M
Total Current Assets	37.0M	39.0M	42.0M	51.9M	51.5M	54.0M
Property Plant And Equipment Net	1.9M	3.2M	4.5M	4.4M	4.3M	4.5M
Current Deferred Revenue	1.7M	1.8M	15.7M	3.9M	4.5M	2.7M
Property Plant And Equipment Gross	1.9M	3.2M	4.5M	4.4M	5.3M	5.6M
Short Term Debt	853.6K	398.9K	381.5K	13.2M	14.6M	15.4M
Capital Surpluse	27.6M	28.8M	30.5M	32.8M	29.6M	35.8M
Property Plant Equipment	1.9M	3.2M	4.5M	4.4M	5.0M	5.3M
Short Long Term Debt	853.6K	398.9K	381.5K	13.2M	14.6M	15.4M
Other Liab	4.6M	3.3M	6.3M	5.0M	5.7M	3.8M
Net Tangible Assets	31.3M	36.0M	46.7M	47.6M	54.7M	33.9M
Net Invested Capital	31.3M	36.4M	50.0M	74.8M	77.5M	48.5M
Net Working Capital	26.0M	29.5M	20.5M	15.2M	15.7M	21.1M
Capital Stock	13.5K	13.6K	13.7K	14K	16.1K	13.5K

Currently Active Assets on Macroaxis

V	Visa Class A
BAC	Bank of America
GM	General Motors
GOOG	Alphabet Inc Class C
CRM	Salesforce

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest'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 Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:

How To Invest In Hirequest

Details

Is Hirequest Stock a good investment?

Details

What is Hirequest's Net Worth?

Details

Largest Human Resource & Employment Services Companies

View

Largest Commercial & Professional Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Hirequest Stock analysis

When running Hirequest's price analysis, check to measure Hirequest'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 Hirequest is operating at the current time. Most of Hirequest's value examination focuses on studying past and present price action to predict the probability of Hirequest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hirequest's price. Additionally, you may evaluate how the addition of Hirequest to your portfolios can decrease your overall portfolio volatility.

	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Commodity Directory Find actively traded commodities issued by global exchanges
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format

Is Hirequest's industry 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 Hirequest. If investors know Hirequest 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 Hirequest 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

(0.40)

Dividend Share

0.18

Earnings Share

0.42

Revenue Per Share

2.649

Quarterly Revenue Growth

(0.15)

The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hirequest Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Hirequest fundamental ratios Correlations

Hirequest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hirequest fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Hirequest Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Liab
Inventory	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Net Receivables

Inventory	- 1.0	Cash And Short Term Investments
Inventory	- 1.0	Cash
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Other Current Assets	- 0.88	Short Term Investments
Other Stockholder Equity	- 0.73	Retained Earnings