Hapbee Pb Ratio vs Ptb Ratio Analysis

HAPB Stock

CAD 0.1 0.03 20.83%

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

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hapbee Technologies Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Hapbee Technologies' Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Hapbee Technologies, assuming nothing else is changed. The correlation between historical values of Hapbee Technologies' Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Hapbee Technologies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Hapbee Technologies' Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Pb Ratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Hapbee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hapbee Technologies 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 Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Hapbee Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 4.76 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 514.8 K in 2024.

Hapbee Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Deferred Long Term Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Common Stock	Other Liab	Current Deferred Revenue	Net Receivables	Other Current Assets	Short Term Debt
Total Assets		-0.56	0.2	0.06	-0.45	-0.77	-0.38	0.33	0.96	0.74	0.67	0.96	-0.12	0.65	0.67	-0.07	0.98	0.48	0.69	0.74	0.45	0.06	0.54	0.12	0.06	0.23
Other Current Liab	-0.56		-0.87	0.75	0.96	-0.03	0.97	-0.92	-0.33	-0.87	0.03	-0.34	-0.69	-0.97	0.03	0.85	-0.43	-0.98	0.15	-0.87	-0.96	0.56	-0.88	-0.66	0.56	-0.87
Total Current Liabilities	0.2	-0.87		-0.86	-0.94	0.35	-0.95	0.94	-0.03	0.66	-0.45	-0.02	0.91	0.84	-0.45	-0.94	0.08	0.94	-0.51	0.66	0.95	-0.57	0.88	0.68	-0.57	1.0
Total Stockholder Equity	0.06	0.75	-0.86		0.81	-0.67	0.86	-0.74	0.31	-0.5	0.6	0.29	-0.91	-0.7	0.6	0.97	0.22	-0.77	0.71	-0.5	-0.77	0.88	-0.67	-0.52	0.88	-0.82
Net Tangible Assets	-0.45	0.96	-0.94	0.81		-0.16	0.99	-0.95	-0.19	-0.87	0.26	-0.2	-0.76	-0.93	0.26	0.91	-0.3	-0.98	0.32	-0.87	-0.97	0.62	-0.95	-0.72	0.62	-0.95
Net Debt	-0.77	-0.03	0.35	-0.67	-0.16		-0.24	0.17	-0.9	-0.21	-0.88	-0.89	0.62	-0.06	-0.88	-0.54	-0.86	0.1	-0.95	-0.21	0.1	-0.66	0.02	0.2	-0.66	0.3
Retained Earnings	-0.38	0.97	-0.95	0.86	0.99	-0.24		-0.95	-0.12	-0.82	0.28	-0.14	-0.81	-0.92	0.28	0.95	-0.23	-0.98	0.37	-0.82	-0.97	0.66	-0.9	-0.71	0.66	-0.95
Accounts Payable	0.33	-0.92	0.94	-0.74	-0.95	0.17	-0.95		0.09	0.77	-0.25	0.1	0.76	0.83	-0.25	-0.89	0.21	0.96	-0.36	0.77	0.95	-0.45	0.85	0.86	-0.45	0.95
Cash	0.96	-0.33	-0.03	0.31	-0.19	-0.9	-0.12	0.09		0.51	0.8	1.0	-0.31	0.45	0.8	0.2	0.99	0.24	0.86	0.51	0.23	0.29	0.32	-0.13	0.29	0.0
Non Current Assets Total	0.74	-0.87	0.66	-0.5	-0.87	-0.21	-0.82	0.77	0.51		0.08	0.52	0.34	0.84	0.08	-0.64	0.59	0.82	0.05	1.0	0.78	-0.46	0.87	0.64	-0.46	0.68
Other Assets	0.67	0.03	-0.45	0.6	0.26	-0.88	0.28	-0.25	0.8	0.08		0.8	-0.6	0.03	1.0	0.52	0.77	-0.16	0.95	0.08	-0.16	0.54	-0.24	-0.3	0.54	-0.43
Cash And Short Term Investments	0.96	-0.34	-0.02	0.29	-0.2	-0.89	-0.14	0.1	1.0	0.52	0.8		-0.3	0.46	0.8	0.18	0.99	0.25	0.85	0.52	0.24	0.27	0.33	-0.12	0.27	0.01
Common Stock Shares Outstanding	-0.12	-0.69	0.91	-0.91	-0.76	0.62	-0.81	0.76	-0.31	0.34	-0.6	-0.3		0.67	-0.6	-0.9	-0.22	0.78	-0.69	0.34	0.81	-0.64	0.66	0.48	-0.64	0.89
Total Liab	0.65	-0.97	0.84	-0.7	-0.93	-0.06	-0.92	0.83	0.45	0.84	0.03	0.46	0.67		0.03	-0.78	0.54	0.95	-0.04	0.84	0.95	-0.52	0.9	0.47	-0.52	0.84
Deferred Long Term Liab	0.67	0.03	-0.45	0.6	0.26	-0.88	0.28	-0.25	0.8	0.08	1.0	0.8	-0.6	0.03		0.52	0.77	-0.16	0.95	0.08	-0.16	0.54	-0.24	-0.3	0.54	-0.43
Net Invested Capital	-0.07	0.85	-0.94	0.97	0.91	-0.54	0.95	-0.89	0.2	-0.64	0.52	0.18	-0.9	-0.78	0.52		0.09	-0.89	0.64	-0.64	-0.88	0.78	-0.78	-0.7	0.78	-0.92
Total Current Assets	0.98	-0.43	0.08	0.22	-0.3	-0.86	-0.23	0.21	0.99	0.59	0.77	0.99	-0.22	0.54	0.77	0.09		0.35	0.8	0.59	0.34	0.23	0.41	-0.02	0.23	0.11
Capital Stock	0.48	-0.98	0.94	-0.77	-0.98	0.1	-0.98	0.96	0.24	0.82	-0.16	0.25	0.78	0.95	-0.16	-0.89	0.35		-0.25	0.82	1.0	-0.52	0.91	0.7	-0.52	0.95
Net Working Capital	0.69	0.15	-0.51	0.71	0.32	-0.95	0.37	-0.36	0.86	0.05	0.95	0.85	-0.69	-0.04	0.95	0.64	0.8	-0.25		0.05	-0.25	0.61	-0.21	-0.42	0.61	-0.48
Intangible Assets	0.74	-0.87	0.66	-0.5	-0.87	-0.21	-0.82	0.77	0.51	1.0	0.08	0.52	0.34	0.84	0.08	-0.64	0.59	0.82	0.05		0.78	-0.46	0.87	0.64	-0.46	0.68
Common Stock	0.45	-0.96	0.95	-0.77	-0.97	0.1	-0.97	0.95	0.23	0.78	-0.16	0.24	0.81	0.95	-0.16	-0.88	0.34	1.0	-0.25	0.78		-0.49	0.9	0.66	-0.49	0.96
Other Liab	0.06	0.56	-0.57	0.88	0.62	-0.66	0.66	-0.45	0.29	-0.46	0.54	0.27	-0.64	-0.52	0.54	0.78	0.23	-0.52	0.61	-0.46	-0.49		-0.5	-0.29	1.0	-0.52
Current Deferred Revenue	0.54	-0.88	0.88	-0.67	-0.95	0.02	-0.9	0.85	0.32	0.87	-0.24	0.33	0.66	0.9	-0.24	-0.78	0.41	0.91	-0.21	0.87	0.9	-0.5		0.59	-0.5	0.9
Net Receivables	0.12	-0.66	0.68	-0.52	-0.72	0.2	-0.71	0.86	-0.13	0.64	-0.3	-0.12	0.48	0.47	-0.3	-0.7	-0.02	0.7	-0.42	0.64	0.66	-0.29	0.59		-0.29	0.72
Other Current Assets	0.06	0.56	-0.57	0.88	0.62	-0.66	0.66	-0.45	0.29	-0.46	0.54	0.27	-0.64	-0.52	0.54	0.78	0.23	-0.52	0.61	-0.46	-0.49	1.0	-0.5	-0.29		-0.52
Short Term Debt	0.23	-0.87	1.0	-0.82	-0.95	0.3	-0.95	0.95	0.0	0.68	-0.43	0.01	0.89	0.84	-0.43	-0.92	0.11	0.95	-0.48	0.68	0.96	-0.52	0.9	0.72	-0.52

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Hapbee Technologies Account Relationship Matchups

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Hapbee Pb Ratio vs Ptb Ratio Analysis

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Pb Ratio

Ptb Ratio

Hapbee Technologies fundamental ratios Correlations

Hapbee Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Hapbee Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Deferred Long Term Liab	+ 1.0	Other Assets
Common Stock	+ 1.0	Capital Stock
Other Current Assets	+ 1.0	Other Liab

Capital Stock	- 0.98	Retained Earnings
Capital Stock	- 0.98	Net Tangible Assets
Capital Stock	- 0.98	Other Current Liab
Common Stock	- 0.97	Retained Earnings
Common Stock	- 0.97	Net Tangible Assets
Total Liab	- 0.97	Other Current Liab