Hub Income Before Tax vs Depreciation And Amortization Analysis
HUBG Stock | USD 43.67 0.12 0.27% |
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 Income Before Tax and its Depreciation And Amortization 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.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Group Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hub's Income Before Tax and Depreciation And Amortization is 0.72. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization 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 Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Hub Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Hub's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hub income statement and is an important metric when analyzing Hub Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 Income | 238.5M | 474.7M | 212.2M | 106.7M | Other Operating Expenses | 4.0B | 4.9B | 4.0B | 2.5B |
Hub fundamental ratios Correlations
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Hub Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hub fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.1B | 2.4B | 2.8B | 3.0B | 3.2B | |
Short Long Term Debt Total | 323.6M | 318.6M | 322.3M | 451.7M | 575.5M | 604.3M | |
Other Current Liab | 143.8M | 138.3M | 152.3M | 214.6M | 157.5M | 165.3M | |
Total Current Liabilities | 507.4M | 529.1M | 687.1M | 691.8M | 658.2M | 334.8M | |
Total Stockholder Equity | 1.1B | 1.2B | 1.3B | 1.6B | 1.6B | 1.7B | |
Property Plant And Equipment Net | 704.6M | 718.2M | 726.7M | 887.0M | 1.0B | 1.1B | |
Net Debt | 154.8M | 194.1M | 162.5M | 165.1M | 388.2M | 407.7M | |
Retained Earnings | 1.2B | 1.3B | 1.4B | 1.8B | 1.9B | 2.0B | |
Accounts Payable | 257.2M | 285.3M | 424.9M | 344.8M | 349.4M | 220.3M | |
Cash | 168.7M | 124.5M | 159.8M | 286.6M | 187.3M | 98.8M | |
Non Current Assets Total | 1.4B | 1.4B | 1.5B | 1.8B | 2.2B | 2.3B | |
Non Currrent Assets Other | 41.3M | 41.8M | 42.7M | (66.0M) | 22.8M | 23.9M | |
Cash And Short Term Investments | 168.7M | 124.5M | 159.8M | 286.6M | 187.3M | 98.9M | |
Net Receivables | 446.8M | 520.2M | 704.5M | 720.2M | 603.6M | 348.6M | |
Good Will | 484.5M | 508.6M | 576.9M | 629.4M | 733.7M | 770.4M | |
Common Stock Shares Outstanding | 67.0M | 67.1M | 67.8M | 67.1M | 64.0M | 75.0M | |
Liabilities And Stockholders Equity | 2.0B | 2.1B | 2.4B | 2.8B | 3.0B | 3.2B | |
Non Current Liabilities Total | 408.9M | 418.4M | 409.9M | 518.7M | 735.1M | 771.8M | |
Other Current Assets | 24.1M | 26.8M | 27.8M | 32.9M | 58.4M | 61.3M | |
Other Stockholder Equity | (104.6M) | (95.5M) | (84.5M) | (182.2M) | (299.6M) | (284.7M) | |
Total Liab | 916.3M | 947.5M | 1.1B | 1.2B | 1.4B | 1.5B | |
Property Plant And Equipment Gross | 704.6M | 718.2M | 726.7M | 887.0M | 1.6B | 1.7B | |
Total Current Assets | 640.2M | 672.8M | 894.3M | 1.1B | 849.2M | 453.6M | |
Accumulated Other Comprehensive Income | (186K) | (191K) | (207K) | (214K) | (15.6M) | (16.4M) | |
Short Term Debt | 106.3M | 105.4M | 109.9M | 132.5M | 151.4M | 158.9M | |
Inventory | 630K | 1.3M | 2.2M | 17.0M | 19.5M | 20.5M | |
Other Assets | 26.9M | 89.0M | 42.7M | 28.2M | 32.4M | 22.6M | |
Long Term Debt | 186.9M | 176.8M | 177.5M | 240.7M | 245.6M | 133.1M | |
Intangible Assets | 121.0M | 164.0M | 196.7M | 197.4M | 304.6M | 319.8M | |
Property Plant Equipment | 663.2M | 671.1M | 726.7M | 783.7M | 901.2M | 946.3M | |
Treasury Stock | (268.7M) | (266.1M) | (258.3M) | (374.9M) | (337.4M) | (320.5M) | |
Other Liab | 191.7M | 205.2M | 197.5M | 199.4M | 229.3M | 240.8M | |
Net Tangible Assets | 500.2M | 521.8M | 566.7M | 851.4M | 979.1M | 1.0B | |
Retained Earnings Total Equity | 1.2B | 1.3B | 1.4B | 1.8B | 2.0B | 2.2B | |
Capital Surpluse | 179.6M | 186.1M | 189.3M | 208.2M | 239.4M | 194.7M | |
Deferred Long Term Liab | 155.3M | 162.3M | 155.9M | 155.9M | 179.3M | 148.2M |
Hub Investors Sentiment
The influence of Hub's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hub. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hub's public news can be used to forecast risks associated with an investment in Hub. The trend in average sentiment can be used to explain how an investor holding Hub can time the market purely based on public headlines and social activities around Hub Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hub's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hub's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hub's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hub.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hub in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hub's short interest history, or implied volatility extrapolated from Hub options trading.
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Try AI Portfolio ArchitectCheck 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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.