Hennessy Income Before Tax vs Total Revenue Analysis

HNNA Stock  USD 7.27  0.02  0.28%   
Hennessy financial indicator trend analysis is much more than just examining Hennessy Ad latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hennessy Ad is a good investment. Please check the relationship between Hennessy Income Before Tax and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Ad Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hennessy's Income Before Tax and Total Revenue is 0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hennessy Ad, assuming nothing else is changed. The correlation between historical values of Hennessy's Income Before Tax and Total Revenue 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 Before Tax of Hennessy Ad are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Hennessy's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hennessy income statement and is an important metric when analyzing Hennessy Ad 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.

Total Revenue

Total revenue comprises all receipts Hennessy Ad generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Hennessy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hennessy Ad 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 Hennessy Ad. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Hennessy's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 3.06, whereas Selling General Administrative is forecasted to decline to about 8.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit21.3M16.3M18.7M19.0M
Total Revenue29.7M24.0M27.6M25.2M

Hennessy fundamental ratios Correlations

0.730.010.060.930.52-0.550.91-0.090.890.70.79-0.030.890.37-0.050.820.830.810.910.80.760.79-0.560.74-0.25
0.73-0.060.170.450.07-0.050.42-0.270.720.390.26-0.390.720.340.060.340.970.960.750.390.310.510.040.230.07
0.01-0.060.72-0.05-0.220.38-0.060.16-0.30.33-0.120.05-0.30.610.380.18-0.040.1-0.260.05-0.05-0.340.2-0.050.51
0.060.170.72-0.11-0.230.56-0.130.17-0.280.4-0.2-0.17-0.280.810.460.150.120.31-0.220.01-0.1-0.420.33-0.110.82
0.930.45-0.05-0.110.66-0.741.00.010.830.670.930.160.830.25-0.150.880.580.540.840.850.850.8-0.780.87-0.4
0.520.07-0.22-0.230.66-0.540.66-0.150.410.610.650.090.410.12-0.040.740.20.160.410.740.80.74-0.640.67-0.46
-0.55-0.050.380.56-0.74-0.54-0.77-0.05-0.73-0.18-0.81-0.13-0.730.370.42-0.51-0.2-0.08-0.69-0.54-0.62-0.720.86-0.670.77
0.910.42-0.06-0.131.00.66-0.770.040.820.660.940.170.820.23-0.180.870.550.50.830.840.840.8-0.80.87-0.41
-0.09-0.270.160.170.01-0.15-0.050.04-0.150.060.160.18-0.15-0.030.070.01-0.28-0.23-0.16-0.02-0.02-0.29-0.390.270.22
0.890.72-0.3-0.280.830.41-0.730.82-0.150.370.74-0.171.0-0.03-0.270.570.80.721.00.620.630.85-0.570.62-0.5
0.70.390.330.40.670.61-0.180.660.060.370.550.170.370.720.330.870.470.530.420.890.830.38-0.40.60.13
0.790.26-0.12-0.20.930.65-0.810.940.160.740.550.230.740.11-0.270.80.380.320.740.760.80.72-0.850.82-0.44
-0.03-0.390.05-0.170.160.09-0.130.170.18-0.170.170.23-0.17-0.03-0.060.17-0.3-0.32-0.180.170.18-0.13-0.280.23-0.25
0.890.72-0.3-0.280.830.41-0.730.82-0.151.00.370.74-0.17-0.03-0.270.570.80.721.00.620.630.85-0.570.62-0.5
0.370.340.610.810.250.120.370.23-0.03-0.030.720.11-0.03-0.030.430.520.30.440.040.420.33-0.10.120.20.7
-0.050.060.380.46-0.15-0.040.42-0.180.07-0.270.33-0.27-0.06-0.270.430.130.040.13-0.240.15-0.05-0.310.35-0.240.43
0.820.340.180.150.880.74-0.510.870.010.570.870.80.170.570.520.130.460.470.60.920.890.62-0.650.78-0.15
0.830.97-0.040.120.580.2-0.20.55-0.280.80.470.38-0.30.80.30.040.460.980.830.50.420.64-0.120.36-0.1
0.810.960.10.310.540.16-0.080.5-0.230.720.530.32-0.320.720.440.130.470.980.750.480.390.53-0.050.330.06
0.910.75-0.26-0.220.840.41-0.690.83-0.161.00.420.74-0.181.00.04-0.240.60.830.750.650.640.85-0.550.63-0.45
0.80.390.050.010.850.74-0.540.84-0.020.620.890.760.170.620.420.150.920.50.480.650.970.64-0.630.75-0.23
0.760.31-0.05-0.10.850.8-0.620.84-0.020.630.830.80.180.630.33-0.050.890.420.390.640.970.68-0.720.79-0.31
0.790.51-0.34-0.420.80.74-0.720.8-0.290.850.380.72-0.130.85-0.1-0.310.620.640.530.850.640.68-0.620.68-0.66
-0.560.040.20.33-0.78-0.640.86-0.8-0.39-0.57-0.4-0.85-0.28-0.570.120.35-0.65-0.12-0.05-0.55-0.63-0.72-0.62-0.90.55
0.740.23-0.05-0.110.870.67-0.670.870.270.620.60.820.230.620.2-0.240.780.360.330.630.750.790.68-0.9-0.36
-0.250.070.510.82-0.4-0.460.77-0.410.22-0.50.13-0.44-0.25-0.50.70.43-0.15-0.10.06-0.45-0.23-0.31-0.660.55-0.36
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Hennessy Account Relationship Matchups

Hennessy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.8M101.9M143.7M145.7M167.6M176.0M
Short Long Term Debt Total330K1.0M39.5M39.4M45.4M47.6M
Other Current Liab4.8M5.2M(9.1M)3.9M4.5M2.9M
Total Current Liabilities5.1M5.6M4.7M4.2M4.8M6.1M
Total Stockholder Equity78.2M83.3M86.3M87.8M100.9M106.0M
Property Plant And Equipment Net570K1.3M971K600K690K364.6K
Net Debt(9.6M)(14.8M)(19.0M)(21.0M)(18.9M)(18.0M)
Retained Earnings59.5M63.3M65.3M66.0M75.8M79.6M
Accounts Payable558K10.9M3.8M820K943K895.9K
Cash10.0M15.8M58.5M60.5M69.5M73.0M
Non Current Assets Total81.4M82.2M82.0M82.0M94.3M49.3M
Non Currrent Assets Other69.3M68.4M67.5M66.8M76.8M80.7M
Other Assets192K81.1M235K156K179.4K170.4K
Cash And Short Term Investments10.0M15.8M58.5M60.5M69.6M73.0M
Net Receivables2.8M3.1M2.3M2.5M2.9M2.5M
Common Stock Shares Outstanding7.4M7.4M7.6M7.6M6.8M6.5M
Liabilities And Stockholders Equity94.8M101.9M143.7M145.7M167.6M176.0M
Non Current Liabilities Total11.5M13.1M52.6M53.8M61.8M64.9M
Total Liab16.6M18.6M57.4M58.0M66.7M70.0M
Total Current Assets13.4M19.7M61.7M63.7M73.3M76.9M
Common Stock18.7M20.0M21.0M21.8M25.1M12.8M
Common Stock Total Equity16.8M17.7M18.7M21.0M24.1M13.1M
Property Plant And Equipment Gross570K3.2M3.0M2.9M3.3M3.5M
Inventory(2.4M)(2.8M)(2.1M)(2.0M)(1.8M)(1.7M)
Other Current Assets3.0M3.6M2.9M2.7M3.1M3.3M
Short Term Debt330K359K367K279K320.9K304.8K
Other Liab10.3M11.5M12.4M13.5M15.5M8.4M
Long Term Debt17.5M13.0M38.9M39.2M45.0M47.3M
Property Plant Equipment361K294K1.3M320K368K369.1K
Net Tangible Assets(5.1M)(2.5M)2.6M5.4M6.2M6.6M
Retained Earnings Total Equity54.2M57.9M59.5M65.3M75.1M38.7M

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When determining whether Hennessy Ad offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hennessy'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 Hennessy Ad Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hennessy Ad Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is Hennessy'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 Hennessy. If investors know Hennessy 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 Hennessy 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
0.058
Dividend Share
0.548
Earnings Share
0.64
Revenue Per Share
3.158
Return On Assets
0.0268
The market value of Hennessy Ad is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy's value that differs from its market value or its book value, called intrinsic value, which is Hennessy'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 Hennessy's market value can be influenced by many factors that don't directly affect Hennessy'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 Hennessy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy'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.