Hennessy Total Assets vs Non Current Liabilities Total Analysis

HNNA Stock  USD 7.15  0.05  0.70%   
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 Total Assets and its Non Current Liabilities Total 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Ad Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hennessy's Total Assets and Non Current Liabilities Total is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Hennessy Ad are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Hennessy's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Hennessy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hennessy Ad books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

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
Click cells to compare fundamentals

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Hennessy's price analysis, check to measure Hennessy'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 Hennessy is operating at the current time. Most of Hennessy's value examination focuses on studying past and present price action to predict the probability of Hennessy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy's price. Additionally, you may evaluate how the addition of Hennessy to your portfolios can decrease your overall portfolio volatility.
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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
0.268
Dividend Share
0.545
Earnings Share
0.68
Revenue Per Share
3.282
Quarterly Revenue Growth
0.173
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.