HCI Income Tax Expense vs Interest Income Analysis

HCI Stock  USD 99.98  0.98  0.97%   
HCI financial indicator trend analysis is much more than just examining HCI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCI Group is a good investment. Please check the relationship between HCI Income Tax Expense and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI 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 main economic indicators.

Income Tax Expense vs Interest Income

Income Tax Expense vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCI Group Income Tax Expense account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HCI's Income Tax Expense and Interest Income is -0.18. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of HCI Group, assuming nothing else is changed. The correlation between historical values of HCI's Income Tax Expense and Interest Income 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 Tax Expense of HCI Group are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Tax Expense i.e., HCI's Income Tax Expense and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from HCI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCI 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 HCI 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 main economic indicators.
As of now, HCI's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit386.1M471.5M528.0M554.4M
Total Revenue407.9M496.4M550.7M578.2M

HCI fundamental ratios Correlations

0.660.580.720.540.320.120.980.20.30.6-0.220.470.750.25-0.170.920.76-0.470.730.820.92-0.470.840.48-0.06
0.660.590.930.790.640.290.520.220.330.57-0.590.310.250.120.220.860.28-0.60.280.780.52-0.60.780.270.26
0.580.590.640.650.3-0.020.54-0.060.070.4-0.49-0.030.340.150.040.580.24-0.50.060.710.49-0.50.550.45-0.07
0.720.930.640.660.590.150.610.080.220.48-0.350.190.32-0.010.210.870.3-0.570.460.750.55-0.570.720.17-0.05
0.540.790.650.660.470.550.420.520.610.79-0.840.570.360.50.080.690.45-0.50.020.650.46-0.50.630.60.61
0.320.640.30.590.470.350.240.170.150.45-0.30.160.02-0.060.140.540.07-0.780.240.630.27-0.780.63-0.050.14
0.120.29-0.020.150.550.350.060.850.870.81-0.320.710.350.68-0.070.260.47-0.310.070.270.09-0.310.350.40.66
0.980.520.540.610.420.240.060.150.240.54-0.080.430.790.23-0.230.850.78-0.420.780.750.92-0.420.780.45-0.17
0.20.22-0.060.080.520.170.850.150.890.81-0.390.880.540.88-0.380.220.66-0.080.070.170.3-0.080.280.660.7
0.30.330.070.220.610.150.870.240.890.86-0.380.830.480.75-0.010.360.69-0.140.170.240.21-0.140.330.630.65
0.60.570.40.480.790.450.810.540.810.86-0.490.810.680.74-0.180.640.79-0.530.330.640.56-0.530.690.70.54
-0.22-0.59-0.49-0.35-0.84-0.3-0.32-0.08-0.39-0.38-0.49-0.41-0.03-0.42-0.08-0.36-0.140.270.41-0.4-0.230.27-0.37-0.57-0.76
0.470.31-0.030.190.570.160.710.430.880.830.81-0.410.630.75-0.320.450.82-0.090.310.270.52-0.090.40.70.64
0.750.250.340.320.360.020.350.790.540.480.68-0.030.630.67-0.630.560.9-0.210.620.50.83-0.210.560.660.04
0.250.120.15-0.010.5-0.060.680.230.880.750.74-0.420.750.67-0.590.170.670.02-0.050.220.410.020.270.840.63
-0.170.220.040.210.080.14-0.07-0.23-0.38-0.01-0.18-0.08-0.32-0.63-0.590.05-0.4-0.13-0.1-0.05-0.52-0.13-0.1-0.42-0.02
0.920.860.580.870.690.540.260.850.220.360.64-0.360.450.560.170.050.6-0.580.640.850.78-0.580.870.340.07
0.760.280.240.30.450.070.470.780.660.690.79-0.140.820.90.67-0.40.6-0.210.640.470.76-0.210.560.720.22
-0.47-0.6-0.5-0.57-0.5-0.78-0.31-0.42-0.08-0.14-0.530.27-0.09-0.210.02-0.13-0.58-0.21-0.33-0.79-0.361.0-0.78-0.03-0.06
0.730.280.060.460.020.240.070.780.070.170.330.410.310.62-0.05-0.10.640.64-0.330.430.61-0.330.540.0-0.4
0.820.780.710.750.650.630.270.750.170.240.64-0.40.270.50.22-0.050.850.47-0.790.430.73-0.790.960.380.07
0.920.520.490.550.460.270.090.920.30.210.56-0.230.520.830.41-0.520.780.76-0.360.610.73-0.360.760.57-0.01
-0.47-0.6-0.5-0.57-0.5-0.78-0.31-0.42-0.08-0.14-0.530.27-0.09-0.210.02-0.13-0.58-0.211.0-0.33-0.79-0.36-0.78-0.03-0.06
0.840.780.550.720.630.630.350.780.280.330.69-0.370.40.560.27-0.10.870.56-0.780.540.960.76-0.780.380.16
0.480.270.450.170.6-0.050.40.450.660.630.7-0.570.70.660.84-0.420.340.72-0.030.00.380.57-0.030.380.5
-0.060.26-0.07-0.050.610.140.66-0.170.70.650.54-0.760.640.040.63-0.020.070.22-0.06-0.40.07-0.01-0.060.160.5
Click cells to compare fundamentals

HCI Account Relationship Matchups

HCI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets802.6M941.3M1.2B1.8B1.3B683.6M
Total Stockholder Equity185.5M201.1M323.4M162.6M324.8M166.6M
Other Liab31.5M52.7M43.2M25.1M22.6M23.3M
Retained Earnings183.4M199.6M246.8M172.5M238.4M140.0M
Cash229.2M431.3M628.9M234.9M539.8M566.8M
Common Stock Shares Outstanding10.2M9.7M8.6M8.8M11.0M9.4M
Non Current Liabilities Total167.7M168.4M57.2M27.0M648.1M680.5M
Total Liab617.1M740.2M762.4M1.5B924.1M499.8M
Other Current Liab(9.8M)(27.9M)(21.2M)17.6M254.5M267.2M
Total Current Liabilities9.8M27.9M21.2M27.0M275.9M289.7M
Property Plant And Equipment Net14.7M16.8M16.4M18.7M30.7M32.2M
Net Debt(55.8M)(247.1M)(566.2M)(22.5M)(329.9M)(313.4M)
Accounts Payable76K87K4.0M8.6M12.9M13.6M
Non Current Assets Total286.6M171.6M149.9M573.5M376.7M395.6M
Non Currrent Assets Other(2.6M)(1.6M)(900K)(2K)341.7M358.8M
Other Assets(72.1M)108.0M206.2M(238.8M)1.00.95
Cash And Short Term Investments432.5M503.1M671.5M718.8M770.5M426.1M
Net Receivables155.6M158.7M149.2M728.1M547.8M575.2M
Short Term Investments203.3M71.7M42.6M483.9M234.0M156.0M
Liabilities And Stockholders Equity802.6M941.3M1.2B1.8B1.3B723.8M
Property Plant And Equipment Gross12.5M13.3M14.7M16.8M19.3M10.7M
Total Current Assets588.1M661.7M820.8M1.5B970.7M491.0M
Property Plant Equipment14.7M12.8M16.4M17.9M20.6M11.4M
Other Current Assets326.2M539.4M717.8M559.2M970.7M1.0B
Other Stockholder Equity178K(12K)76.1M(9.9M)89.6M94.0M
Accumulated Other Comprehensive Income2.2M1.5M498K(9.9M)(3.2M)(3.0M)
Long Term Debt163.6M156.5M45.5M211.7M208.5M152.2M
Retained Earnings Total Equity183.4M199.6M246.8M172.5M198.4M173.7M
Deferred Long Term Liab4.0M11.9M11.7M1.7M2.0M3.4M
Intangible Assets4.2M3.6M10.6M10.6M7.7M7.2M
Short Long Term Debt Total173.4M184.3M62.7M212.4M209.9M185.5M
Net Tangible Assets181.4M197.6M312.7M245.6M282.4M233.5M
Long Term Debt Total163.7M156.5M45.5M211.7M243.4M174.9M
Long Term Investments343.1M226.3M197.1M617.5M452.4M346.0M
Non Current Liabilities Other603.3M704.5M735.7M1.5B1.8B1.9B

Currently Active Assets on Macroaxis

When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI 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 main economic indicators.
Note that the HCI Group information on this page should be used as a complementary analysis to other HCI'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for HCI Stock analysis

When running HCI's price analysis, check to measure HCI'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 HCI is operating at the current time. Most of HCI's value examination focuses on studying past and present price action to predict the probability of HCI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCI's price. Additionally, you may evaluate how the addition of HCI to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Is HCI'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 HCI. If investors know HCI 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 HCI 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
16.123
Dividend Share
1.6
Earnings Share
9.89
Revenue Per Share
71.922
Quarterly Revenue Growth
0.48
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI'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 HCI's market value can be influenced by many factors that don't directly affect HCI'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 HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI'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.