HITECHGEAR Cash vs Total Stockholder Equity Analysis

HITECHGEAR

843.05 26.75 3.08%

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

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hi Tech Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.

The correlation between Hi Tech's Cash and Total Stockholder Equity is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of The Hi Tech Gears, assuming nothing else is changed. The correlation between historical values of Hi Tech's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of The Hi Tech Gears are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Hi Tech's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Hi Tech, which is listed under current asset account on The Hi Tech Gears balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hi Tech customers. The amounts must be unrestricted with restricted cash listed in a different Hi Tech account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

The current Selling General Administrative is estimated to decrease to about 95.1 M. The current Tax Provision is estimated to decrease to about 164.9 M

	2022	2023	2024	2025 (projected)
Interest Expense	331M	377.7M	213.7M	168.2M
Depreciation And Amortization	821.5M	611.7M	634.7M	351.5M

Interest Expense Depreciation And Amortization

Hi Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Current Deferred Revenue
Total Assets		0.94	0.18	0.93	0.69	0.99	0.94	0.95	0.73	0.99	0.75	0.94	0.9	-0.03	0.84	0.85	0.94	0.49	-0.55	0.95	0.99	0.85	0.82	0.41	0.89	-0.45
Short Long Term Debt Total	0.94		0.18	0.9	0.48	0.92	1.0	0.91	0.83	0.95	0.76	0.95	0.8	-0.03	0.73	0.96	0.81	0.41	-0.59	1.0	0.9	0.81	0.91	0.24	0.93	-0.42
Other Current Liab	0.18	0.18		0.24	0.0	0.23	0.16	0.13	0.28	0.22	0.25	0.18	0.1	-0.01	-0.02	0.24	-0.02	0.73	0.09	0.26	0.13	0.05	-0.01	0.57	0.17	0.05
Total Current Liabilities	0.93	0.9	0.24		0.6	0.92	0.9	0.93	0.71	0.9	0.83	0.9	0.91	-0.03	0.8	0.75	0.87	0.45	-0.47	0.92	0.95	0.95	0.71	0.39	0.76	-0.37
Total Stockholder Equity	0.69	0.48	0.0	0.6		0.7	0.5	0.65	0.25	0.66	0.42	0.53	0.7	0.49	0.77	0.37	0.78	0.31	-0.4	0.49	0.73	0.62	0.41	0.44	0.57	-0.39
Property Plant And Equipment Net	0.99	0.92	0.23	0.92	0.7		0.92	0.95	0.73	0.99	0.75	0.93	0.87	-0.02	0.84	0.85	0.93	0.54	-0.53	0.94	0.97	0.82	0.79	0.45	0.89	-0.46
Net Debt	0.94	1.0	0.16	0.9	0.5	0.92		0.92	0.79	0.95	0.77	0.93	0.83	-0.03	0.76	0.95	0.83	0.4	-0.6	0.99	0.91	0.83	0.91	0.23	0.91	-0.42
Accounts Payable	0.95	0.91	0.13	0.93	0.65	0.95	0.92		0.68	0.94	0.83	0.89	0.85	0.0	0.85	0.81	0.92	0.42	-0.51	0.92	0.94	0.86	0.74	0.28	0.83	-0.4
Cash	0.73	0.83	0.28	0.71	0.25	0.73	0.79	0.68		0.78	0.55	0.9	0.5	-0.04	0.39	0.86	0.52	0.4	-0.42	0.85	0.64	0.54	0.78	0.3	0.85	-0.32
Non Current Assets Total	0.99	0.95	0.22	0.9	0.66	0.99	0.95	0.94	0.78		0.72	0.95	0.85	-0.03	0.81	0.9	0.9	0.52	-0.56	0.96	0.96	0.79	0.85	0.42	0.93	-0.46
Non Currrent Assets Other	0.75	0.76	0.25	0.83	0.42	0.75	0.77	0.83	0.55	0.72		0.7	0.76	-0.04	0.59	0.63	0.7	0.33	-0.3	0.76	0.76	0.81	0.5	0.26	0.59	-0.18
Cash And Short Term Investments	0.94	0.95	0.18	0.9	0.53	0.93	0.93	0.89	0.9	0.95	0.7		0.76	-0.04	0.73	0.9	0.82	0.45	-0.55	0.96	0.89	0.79	0.87	0.31	0.91	-0.45
Net Receivables	0.9	0.8	0.1	0.91	0.7	0.87	0.83	0.85	0.5	0.85	0.76	0.76		-0.02	0.79	0.64	0.9	0.35	-0.37	0.8	0.95	0.93	0.64	0.43	0.68	-0.31
Common Stock Shares Outstanding	-0.03	-0.03	-0.01	-0.03	0.49	-0.02	-0.03	0.0	-0.04	-0.03	-0.04	-0.04	-0.02		0.14	-0.02	-0.01	-0.04	-0.17	-0.02	-0.03	0.05	0.02	-0.01	0.15	-0.1
Short Term Investments	0.84	0.73	-0.02	0.8	0.77	0.84	0.76	0.85	0.39	0.81	0.59	0.73	0.79	0.14		0.61	0.89	0.37	-0.53	0.73	0.87	0.8	0.66	0.2	0.68	-0.58
Non Current Liabilities Total	0.85	0.96	0.24	0.75	0.37	0.85	0.95	0.81	0.86	0.9	0.63	0.9	0.64	-0.02	0.61		0.68	0.43	-0.59	0.95	0.77	0.62	0.93	0.2	0.95	-0.4
Inventory	0.94	0.81	-0.02	0.87	0.78	0.93	0.83	0.92	0.52	0.9	0.7	0.82	0.9	-0.01	0.89	0.68		0.37	-0.54	0.81	0.96	0.85	0.71	0.29	0.75	-0.47
Other Current Assets	0.49	0.41	0.73	0.45	0.31	0.54	0.4	0.42	0.4	0.52	0.33	0.45	0.35	-0.04	0.37	0.43	0.37		-0.22	0.47	0.43	0.3	0.25	0.5	0.41	-0.11
Other Stockholder Equity	-0.55	-0.59	0.09	-0.47	-0.4	-0.53	-0.6	-0.51	-0.42	-0.56	-0.3	-0.55	-0.37	-0.17	-0.53	-0.59	-0.54	-0.22		-0.57	-0.53	-0.43	-0.72	0.18	-0.64	0.21
Total Liab	0.95	1.0	0.26	0.92	0.49	0.94	0.99	0.92	0.85	0.96	0.76	0.96	0.8	-0.02	0.73	0.95	0.81	0.47	-0.57		0.9	0.81	0.89	0.3	0.93	-0.41
Total Current Assets	0.99	0.9	0.13	0.95	0.73	0.97	0.91	0.94	0.64	0.96	0.76	0.89	0.95	-0.03	0.87	0.77	0.96	0.43	-0.53	0.9		0.91	0.76	0.4	0.82	-0.43
Short Term Debt	0.85	0.81	0.05	0.95	0.62	0.82	0.83	0.86	0.54	0.79	0.81	0.79	0.93	0.05	0.8	0.62	0.85	0.3	-0.43	0.81	0.91		0.62	0.28	0.63	-0.36
Intangible Assets	0.82	0.91	-0.01	0.71	0.41	0.79	0.91	0.74	0.78	0.85	0.5	0.87	0.64	0.02	0.66	0.93	0.71	0.25	-0.72	0.89	0.76	0.62		0.04	0.93	-0.43
Common Stock	0.41	0.24	0.57	0.39	0.44	0.45	0.23	0.28	0.3	0.42	0.26	0.31	0.43	-0.01	0.2	0.2	0.29	0.5	0.18	0.3	0.4	0.28	0.04		0.31	-0.28
Good Will	0.89	0.93	0.17	0.76	0.57	0.89	0.91	0.83	0.85	0.93	0.59	0.91	0.68	0.15	0.68	0.95	0.75	0.41	-0.64	0.93	0.82	0.63	0.93	0.31		-0.46
Current Deferred Revenue	-0.45	-0.42	0.05	-0.37	-0.39	-0.46	-0.42	-0.4	-0.32	-0.46	-0.18	-0.45	-0.31	-0.1	-0.58	-0.4	-0.47	-0.11	0.21	-0.41	-0.43	-0.36	-0.43	-0.28	-0.46

Click cells to compare fundamentals

Hi Tech Account Relationship Matchups

Hi Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.2B	10.0B	9.9B	9.1B	8.0B	5.8B
Short Long Term Debt Total	4.3B	4.7B	4.6B	3.0B	2.0B	2.2B
Other Current Liab	526.7M	493.2M	523M	288.8M	253.8M	419.9M
Total Current Liabilities	2.6B	3.4B	3.8B	2.9B	1.9B	1.8B
Total Stockholder Equity	3.2B	3.3B	3.5B	4.7B	4.8B	5.1B
Property Plant And Equipment Net	4.2B	4.5B	4.3B	3.9B	3.7B	2.9B
Net Debt	3.8B	4.1B	4.2B	2.8B	1.9B	2.0B
Accounts Payable	1.1B	1.4B	1.2B	1.1B	839.8M	714.1M
Cash	512.1M	609.1M	334.5M	139.8M	114.3M	224.5M
Non Current Assets Total	5.7B	5.9B	5.4B	4.9B	4.6B	3.5B
Non Currrent Assets Other	205.3M	393.7M	366.6M	83.9M	111.9M	96.8M
Cash And Short Term Investments	672.4M	862.8M	697.3M	530.3M	406.4M	336.4M
Net Receivables	1.5B	1.7B	2.2B	2.0B	1.5B	1.1B
Short Term Investments	160.3M	253.7M	362.8M	390.4M	229.1M	205.6M
Liabilities And Stockholders Equity	9.2B	10.0B	9.9B	9.1B	8.0B	5.8B
Non Current Liabilities Total	3.4B	3.3B	2.5B	1.5B	1.4B	1.7B
Inventory	911.2M	1.2B	1.2B	1.2B	1.3B	658.3M
Other Current Assets	456.9M	379.2M	366.7M	357.8M	252.7M	272.9M
Total Liab	6.0B	6.7B	6.3B	4.4B	3.2B	3.5B
Total Current Assets	3.5B	4.1B	4.5B	4.2B	3.4B	2.4B
Accumulated Other Comprehensive Income	512.9M	652.1M	368.2M	690.6M	568.2M	596.6M
Short Term Debt	957.3M	1.5B	2.2B	1.5B	751.3M	870.2M
Intangible Assets	610.1M	580.9M	526.3M	478.6M	413.5M	385.9M
Good Will	534.5M	557.3M	314.5M	320.0M	304.2M	389.5M
Current Deferred Revenue	526.7M	1.0	(64.8M)	22.5M	20.2M	19.2M
Retained Earnings	2.5B	2.5B	2.7B	3.8B	4.1B	2.4B
Other Liab	163.7M	176.8M	91.9M	83.3M	95.8M	117.2M
Net Tangible Assets	1.6B	1.7B	2.1B	2.2B	2.5B	1.9B
Other Assets	205.3M	140.0M	131.4M	87.4M	100.5M	139.6M
Long Term Debt	3.3B	3.0B	2.2B	530.3M	216.9M	206.1M
Short Long Term Debt	406.8M	1.4B	2.1B	1.4B	593.7M	910.6M
Property Plant Equipment	4.2B	4.5B	4.2B	3.9B	4.4B	3.6B
Long Term Debt Total	3.3B	3.2B	2.4B	1.4B	1.7B	2.7B
Capital Lease Obligations	289.6M	265.9M	240.4M	1.0B	1.2B	1.3B
Net Invested Capital	6.9B	7.7B	7.9B	6.6B	5.6B	7.4B
Non Current Liabilities Other	15.1M	12.6M	10.1M	8.8M	8.1M	13.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
V	Visa Class A
C	Citigroup

Other Information on Investing in HITECHGEAR Stock

Balance Sheet is a snapshot of the financial position of Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. Hi Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hi Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HITECHGEAR currently owns. An asset can also be divided into two categories, current and non-current.

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

2025 Macroaxis LLC

HITECHGEAR Cash vs Total Stockholder Equity Analysis

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash

Total Stockholder Equity

Hi Tech fundamental ratios Correlations

Hi Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hi Tech fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in HITECHGEAR Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Intangible Assets	- 0.72	Other Stockholder Equity
Good Will	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.6	Net Debt
Other Stockholder Equity	- 0.59	Non Current Liabilities Total
Other Stockholder Equity	- 0.59	Short Long Term Debt Total
Current Deferred Revenue	- 0.58	Short Term Investments