Hub Good Will vs Accounts Payable Analysis

HUBG Stock  USD 42.57  0.35  0.82%   
Hub financial indicator trend analysis is much more than just examining Hub Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub Group is a good investment. Please check the relationship between Hub Good Will and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Group Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hub's Good Will and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hub Group, assuming nothing else is changed. The correlation between historical values of Hub's Good Will 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 Good Will of Hub Group 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 Good Will i.e., Hub's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Hub 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 Hub Group 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 Hub's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub Group 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 Hub Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Hub's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Operating Income238.5M474.7M212.2M106.7M
Other Operating Expenses4.0B4.9B4.0B2.5B

Hub fundamental ratios Correlations

0.960.930.771.00.990.831.00.670.60.99-0.050.60.680.990.420.250.970.92-0.920.990.940.720.960.770.52
0.960.860.690.940.980.930.960.550.480.98-0.040.480.560.940.250.050.980.94-0.970.970.960.590.980.720.52
0.930.860.850.940.930.690.920.70.710.9-0.170.710.780.90.50.270.850.73-0.80.910.780.820.90.590.38
0.770.690.850.770.770.580.740.940.640.73-0.050.640.960.730.610.150.660.53-0.620.770.580.940.760.390.21
1.00.940.940.770.970.81.00.660.620.99-0.10.620.680.990.420.250.950.9-0.90.970.920.720.950.750.5
0.990.980.930.770.970.870.980.640.560.990.010.560.650.960.390.170.970.9-0.940.990.940.680.980.730.48
0.830.930.690.580.80.870.830.470.140.880.120.140.440.830.14-0.060.880.88-0.890.870.890.380.910.640.41
1.00.960.920.741.00.980.830.630.60.99-0.090.60.650.990.390.220.970.93-0.930.980.950.690.960.770.52
0.670.550.70.940.660.640.470.630.510.610.050.510.970.630.670.280.550.45-0.50.680.470.90.610.390.22
0.60.480.710.640.620.560.140.60.510.52-0.381.00.60.530.430.190.50.37-0.470.550.440.80.510.310.34
0.990.980.90.730.990.990.880.990.610.520.00.520.610.990.360.190.980.94-0.940.990.960.640.970.780.49
-0.05-0.04-0.17-0.05-0.10.010.12-0.090.05-0.380.0-0.38-0.11-0.030.170.150.020.010.070.00.03-0.220.00.15-0.31
0.60.480.710.640.620.560.140.60.511.00.52-0.380.60.530.430.190.50.37-0.470.550.440.80.510.310.34
0.680.560.780.960.680.650.440.650.970.60.61-0.110.60.630.70.30.550.43-0.510.680.450.960.620.360.24
0.990.940.90.730.990.960.830.990.630.530.99-0.030.530.630.420.270.950.93-0.90.970.940.650.940.790.47
0.420.250.50.610.420.390.140.390.670.430.360.170.430.70.420.780.370.3-0.270.430.280.670.270.560.17
0.250.050.270.150.250.17-0.060.220.280.190.190.150.190.30.270.780.210.2-0.060.240.150.280.040.570.24
0.970.980.850.660.950.970.880.970.550.50.980.020.50.550.950.370.210.97-0.970.980.990.590.950.840.58
0.920.940.730.530.90.90.880.930.450.370.940.010.370.430.930.30.20.97-0.950.930.990.450.880.880.6
-0.92-0.97-0.8-0.62-0.9-0.94-0.89-0.93-0.5-0.47-0.940.07-0.47-0.51-0.9-0.27-0.06-0.97-0.95-0.94-0.97-0.55-0.93-0.78-0.54
0.990.970.910.770.970.990.870.980.680.550.990.00.550.680.970.430.240.980.93-0.940.950.70.970.780.53
0.940.960.780.580.920.940.890.950.470.440.960.030.440.450.940.280.150.990.99-0.970.950.490.920.850.59
0.720.590.820.940.720.680.380.690.90.80.64-0.220.80.960.650.670.280.590.45-0.550.70.490.640.380.32
0.960.980.90.760.950.980.910.960.610.510.970.00.510.620.940.270.040.950.88-0.930.970.920.640.640.4
0.770.720.590.390.750.730.640.770.390.310.780.150.310.360.790.560.570.840.88-0.780.780.850.380.640.61
0.520.520.380.210.50.480.410.520.220.340.49-0.310.340.240.470.170.240.580.6-0.540.530.590.320.40.61
Click cells to compare fundamentals

Hub Account Relationship Matchups

Hub fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.4B2.8B3.0B3.2B
Short Long Term Debt Total323.6M318.6M322.3M451.7M575.5M604.3M
Other Current Liab143.8M138.3M152.3M214.6M157.5M165.3M
Total Current Liabilities507.4M529.1M687.1M691.8M658.2M334.8M
Total Stockholder Equity1.1B1.2B1.3B1.6B1.6B1.7B
Property Plant And Equipment Net704.6M718.2M726.7M887.0M1.0B1.1B
Net Debt154.8M194.1M162.5M165.1M388.2M407.7M
Retained Earnings1.2B1.3B1.4B1.8B1.9B2.0B
Accounts Payable257.2M285.3M424.9M344.8M349.4M220.3M
Cash168.7M124.5M159.8M286.6M187.3M98.8M
Non Current Assets Total1.4B1.4B1.5B1.8B2.2B2.3B
Non Currrent Assets Other41.3M41.8M42.7M(66.0M)22.8M23.9M
Cash And Short Term Investments168.7M124.5M159.8M286.6M187.3M98.9M
Net Receivables446.8M520.2M704.5M720.2M603.6M348.6M
Good Will484.5M508.6M576.9M629.4M733.7M770.4M
Common Stock Shares Outstanding67.0M67.1M67.8M67.1M64.0M75.0M
Liabilities And Stockholders Equity2.0B2.1B2.4B2.8B3.0B3.2B
Non Current Liabilities Total408.9M418.4M409.9M518.7M735.1M771.8M
Other Current Assets24.1M26.8M27.8M32.9M58.4M61.3M
Other Stockholder Equity(104.6M)(95.5M)(84.5M)(182.2M)(299.6M)(284.7M)
Total Liab916.3M947.5M1.1B1.2B1.4B1.5B
Property Plant And Equipment Gross704.6M718.2M726.7M887.0M1.6B1.7B
Total Current Assets640.2M672.8M894.3M1.1B849.2M453.6M
Accumulated Other Comprehensive Income(186K)(191K)(207K)(214K)(15.6M)(16.4M)
Short Term Debt106.3M105.4M109.9M132.5M151.4M158.9M
Inventory630K1.3M2.2M17.0M19.5M20.5M
Other Assets26.9M89.0M42.7M28.2M32.4M22.6M
Long Term Debt186.9M176.8M177.5M240.7M245.6M133.1M
Intangible Assets121.0M164.0M196.7M197.4M304.6M319.8M
Property Plant Equipment663.2M671.1M726.7M783.7M901.2M946.3M
Treasury Stock(268.7M)(266.1M)(258.3M)(374.9M)(337.4M)(320.5M)
Other Liab191.7M205.2M197.5M199.4M229.3M240.8M
Net Tangible Assets500.2M521.8M566.7M851.4M979.1M1.0B
Retained Earnings Total Equity1.2B1.3B1.4B1.8B2.0B2.2B
Capital Surpluse179.6M186.1M189.3M208.2M239.4M194.7M
Deferred Long Term Liab155.3M162.3M155.9M155.9M179.3M148.2M

Currently Active Assets on Macroaxis

When determining whether Hub Group is a strong investment it is important to analyze Hub'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 Hub's future performance. For an informed investment choice regarding Hub 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 Hub Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Hub Group information on this page should be used as a complementary analysis to other Hub's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Hub's price analysis, check to measure Hub'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 Hub is operating at the current time. Most of Hub's value examination focuses on studying past and present price action to predict the probability of Hub's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub's price. Additionally, you may evaluate how the addition of Hub to your portfolios can decrease your overall portfolio volatility.
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Is Hub'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 Hub. If investors know Hub 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 Hub 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
(0.53)
Dividend Share
0.125
Earnings Share
2.12
Revenue Per Share
64.921
Quarterly Revenue Growth
(0.13)
The market value of Hub Group is measured differently than its book value, which is the value of Hub that is recorded on the company's balance sheet. Investors also form their own opinion of Hub's value that differs from its market value or its book value, called intrinsic value, which is Hub'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 Hub's market value can be influenced by many factors that don't directly affect Hub'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 Hub's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hub is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hub'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.