Hub Other Operating Expenses vs Reconciled Depreciation Analysis

HUBG Stock  USD 43.79  0.08  0.18%   
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 Other Operating Expenses and its Reconciled Depreciation 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.

Other Operating Expenses vs Reconciled Depreciation

Other Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Group Other Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hub's Other Operating Expenses and Reconciled Depreciation is 0.42. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation 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 Other Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Hub Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., Hub's Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hub Group. It is also known as Hub overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Reconciled Depreciation

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

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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.