Hartford Ebit vs Income Before Tax Analysis
HIG Stock | USD 103.45 2.21 2.18% |
Hartford Financial financial indicator trend analysis is much more than just examining Hartford Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hartford Financial is a good investment. Please check the relationship between Hartford Financial Ebit and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Ebit vs Income Before Tax
Ebit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hartford Financial Ebit account and Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hartford Financial's Ebit and Income Before Tax is 0.25. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Hartford Financial Services, assuming nothing else is changed. The correlation between historical values of Hartford Financial's Ebit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Hartford Financial Services are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebit i.e., Hartford Financial's Ebit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hartford Financial income statement and is an important metric when analyzing Hartford Financial 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.Most indicators from Hartford Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hartford Financial 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 Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Hartford Financial's Discontinued Operations is most likely to increase significantly in the upcoming years. The Hartford Financial's current Enterprise Value is estimated to increase to about 27.3 B, while Selling General Administrative is projected to decrease to roughly 3.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.6B | 17.5B | 24.5B | 18.5B | Total Revenue | 22.4B | 22.4B | 24.5B | 21.5B |
Hartford Financial fundamental ratios Correlations
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Hartford Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hartford Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.8B | 74.1B | 76.6B | 73.0B | 70.1B | 66.6B | |
Short Long Term Debt Total | 4.8B | 4.4B | 4.9B | 4.4B | 4.4B | 4.5B | |
Other Current Liab | (500M) | 6.8B | 7.2B | 34.3B | 35.2B | 33.5B | |
Total Current Liabilities | 500M | 701M | 687M | 2.1B | 35.2B | 33.5B | |
Total Stockholder Equity | 16.3B | 18.6B | 17.8B | 13.6B | 15.3B | 15.1B | |
Net Debt | 4.7B | 4.2B | 4.7B | 4.1B | 4.2B | 3.6B | |
Retained Earnings | 12.7B | 13.9B | 15.8B | 17.0B | 19.0B | 10.7B | |
Common Stock Shares Outstanding | 364.9M | 360.6M | 354.1M | 329.5M | 311.5M | 369.5M | |
Liabilities And Stockholders Equity | 70.8B | 74.1B | 76.6B | 73.0B | 70.1B | 66.6B | |
Non Current Liabilities Total | 4.3B | 4.4B | 4.9B | 57.3B | 19.6B | 20.5B | |
Other Stockholder Equity | (12.7B) | (13.9B) | 1.6B | (17.0B) | (1.2B) | (1.2B) | |
Total Liab | 54.5B | 4.4B | 4.9B | 59.4B | 54.8B | 52.0B | |
Short Term Debt | 413M | 500M | 0.0 | 34.3B | 39.4B | 41.4B | |
Cash | 185M | 151M | 205M | 229M | 189M | 179.6M | |
Non Current Assets Total | 52.7B | 55.8B | 55.8B | 50.0B | 58.5B | 86.2B | |
Non Currrent Assets Other | (299M) | (46M) | (270M) | (1.4B) | 48.5B | 50.9B | |
Other Assets | (37.0B) | (40.5B) | (36.9B) | (29.2B) | (26.3B) | (25.0B) | |
Cash And Short Term Investments | 45.3B | 48.5B | 46.7B | 40.3B | 43.8B | 28.3B | |
Net Receivables | 9.9B | 10.3B | 11.0B | 11.9B | 12.7B | 11.7B | |
Short Term Investments | 45.1B | 48.3B | 46.5B | 40.1B | 5.4B | 5.1B | |
Total Current Assets | 55.2B | 58.7B | 57.7B | 52.2B | 11.6B | 11.0B | |
Accumulated Other Comprehensive Income | 52M | 1.2B | 172M | (3.9B) | (2.8B) | (2.7B) | |
Common Stock | 14.3B | 15.9B | 17.1B | 17.2B | 3M | 2.9M | |
Other Liab | 42.8B | 44.4B | 46.6B | 47.0B | 54.1B | 38.5B | |
Accounts Payable | 755M | 701M | 687M | 658M | 592.2M | 562.6M | |
Long Term Debt | 4.3B | 4.4B | 4.9B | 4.4B | 4.4B | 5.6B | |
Treasury Stock | (1.1B) | (1.1B) | (1.2B) | (1.8B) | (1.6B) | (1.7B) | |
Intangible Assets | 1.1B | 950M | 858M | 778M | 707M | 972.5M | |
Property Plant And Equipment Net | 1.2B | 1.1B | 1.0B | 927M | 896M | 980.8M | |
Current Deferred Revenue | (816M) | (767M) | (255M) | 1.4B | 1.7B | 1.7B | |
Other Current Assets | 9.1B | 9.2B | 9.9B | 10.6B | 11.6B | 11.0B | |
Property Plant And Equipment Gross | 1.0B | 1.0B | 1.2B | 1.1B | 1.3B | 1.1B | |
Property Plant Equipment | 1.2B | 1.1B | 1.0B | 927M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 12.7B | 13.9B | 15.8B | 17.0B | 19.6B | 11.8B | |
Net Tangible Assets | 13.0B | 15.4B | 14.7B | 10.6B | 9.5B | 12.4B | |
Long Term Debt Total | 4.3B | 4.4B | 4.9B | 4.4B | 3.9B | 4.5B |
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When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial'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 Hartford Financial's future performance. For an informed investment choice regarding Hartford 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 Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Hartford Financial's price analysis, check to measure Hartford Financial'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 Hartford Financial is operating at the current time. Most of Hartford Financial's value examination focuses on studying past and present price action to predict the probability of Hartford Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Financial's price. Additionally, you may evaluate how the addition of Hartford Financial to your portfolios can decrease your overall portfolio volatility.
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Is Hartford Financial'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 Hartford Financial. If investors know Hartford 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 Hartford Financial 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 0.488 | Dividend Share 1.79 | Earnings Share 8.91 | Revenue Per Share 82.675 | Quarterly Revenue Growth 0.086 |
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial'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 Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial'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 Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial'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.