Hyster Net Income From Continuing Ops vs Operating Income Analysis
HY Stock | USD 58.57 1.79 2.97% |
Hyster Yale financial indicator trend analysis is much more than just examining Hyster Yale Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyster Yale Materials is a good investment. Please check the relationship between Hyster Yale Net Income From Continuing Ops and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyster Yale Materials Handling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Net Income From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hyster Yale Materials Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hyster Yale's Net Income From Continuing Ops and Operating Income is 0.8. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hyster Yale Materials Handling, assuming nothing else is changed. The correlation between historical values of Hyster Yale's Net Income From Continuing Ops and Operating 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 Net Income From Continuing Ops of Hyster Yale Materials Handling are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., Hyster Yale's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income From Continuing Ops
Operating Income
Operating Income is the amount of profit realized from Hyster Yale Materials operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hyster Yale Materials Handling is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Hyster Yale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyster Yale Materials 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 Hyster Yale Materials Handling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. Tax Provision is likely to rise to about 44.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 388 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.5M | 28.4M | 43.6M | 45.8M | Depreciation And Amortization | 12.9M | 43.4M | 45.1M | 29.7M |
Hyster Yale fundamental ratios Correlations
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Hyster Yale Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hyster Yale fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 1.9B | 2.0B | 2.0B | 2.1B | 1.6B | |
Short Long Term Debt Total | 287M | 289.2M | 518.5M | 552.9M | 571.9M | 296.4M | |
Other Current Liab | 268.5M | 203M | 256.7M | 331.4M | 341.9M | 208.7M | |
Total Current Liabilities | 817M | 755.9M | 1.1B | 1.3B | 1.2B | 766.5M | |
Total Stockholder Equity | 544.3M | 616.9M | 357.1M | 204.4M | 389.9M | 443.7M | |
Other Liab | 184.8M | 246.4M | 220.9M | 145.3M | 167.1M | 167.0M | |
Property Plant And Equipment Net | 308.5M | 340.4M | 330.5M | 310M | 389M | 270.6M | |
Net Debt | 222.4M | 137.8M | 453M | 493.9M | 493.1M | 517.8M | |
Retained Earnings | 427.4M | 443.2M | 248.6M | 152.7M | 256.3M | 272.7M | |
Accounts Payable | 417.1M | 428.1M | 541.4M | 585.8M | 530.2M | 404.3M | |
Cash | 64.6M | 151.4M | 65.5M | 59M | 78.8M | 91.1M | |
Non Current Assets Total | 691.4M | 729.8M | 620.1M | 567.5M | 589M | 547.4M | |
Non Currrent Assets Other | 105.3M | 111.6M | 107M | 101.5M | 38.1M | 52.4M | |
Other Assets | 136.1M | 218M | 110.7M | 46.9M | 42.2M | 40.1M | |
Long Term Debt | 204.7M | 206.1M | 243.7M | 250.2M | 241.3M | 140M | |
Cash And Short Term Investments | 64.6M | 151.4M | 65.5M | 59M | 78.8M | 91.1M | |
Net Receivables | 468.3M | 412.1M | 457.4M | 523.6M | 497.5M | 410.6M | |
Good Will | 106.7M | 114.7M | 56.5M | 51.3M | 53.3M | 100.4M | |
Common Stock Shares Outstanding | 16.7M | 16.8M | 16.8M | 16.9M | 17.4M | 18.4M | |
Liabilities And Stockholders Equity | 1.8B | 1.9B | 2.0B | 2.0B | 2.1B | 1.6B | |
Non Current Liabilities Total | 453.2M | 452.5M | 482.6M | 458.2M | 453.7M | 355.3M | |
Inventory | 559.9M | 509.4M | 781M | 799.5M | 815.7M | 474.3M | |
Other Current Assets | 63M | 56.8M | 46.1M | 76.6M | 98.1M | 52.2M | |
Other Stockholder Equity | 305.4M | 306.6M | 310.6M | 297.7M | 327.7M | 225.9M | |
Total Liab | 1.3B | 1.2B | 1.6B | 1.8B | 1.7B | 1.0B | |
Property Plant And Equipment Gross | 296.2M | 308.5M | 340M | 890.2M | 940.5M | 987.5M | |
Total Current Assets | 1.2B | 1.1B | 1.4B | 1.5B | 1.5B | 1.1B | |
Accumulated Other Comprehensive Income | (188.7M) | (133.1M) | (202.3M) | (246.2M) | (194.3M) | (184.6M) | |
Short Term Debt | 82.3M | 83.1M | 256.8M | 285.9M | 268.6M | 282.0M | |
Intangible Assets | 60.1M | 58.5M | 50.7M | 42.7M | 39.3M | 37.3M | |
Property Plant Equipment | 308.5M | 340.4M | 330.5M | 367.2M | 422.3M | 265.1M | |
Current Deferred Revenue | 49.1M | 41.7M | 49.7M | 139.8M | 77.9M | 54.5M | |
Net Tangible Assets | 377.5M | 443.7M | 249.9M | 110.4M | 99.4M | 94.4M | |
Noncontrolling Interest In Consolidated Entity | 32.1M | 32.7M | 34.2M | 25.8M | 29.7M | 15.6M | |
Retained Earnings Total Equity | 407.3M | 427.4M | 443.2M | 248.6M | 285.9M | 312.4M | |
Long Term Debt Total | 204.7M | 206.1M | 261.7M | 267M | 307.1M | 159.3M | |
Capital Surpluse | 321.3M | 312.6M | 315.1M | 297.7M | 267.9M | 253.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hyster Yale in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hyster Yale's short interest history, or implied volatility extrapolated from Hyster Yale options trading.
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When running Hyster Yale's price analysis, check to measure Hyster Yale'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 Hyster Yale is operating at the current time. Most of Hyster Yale's value examination focuses on studying past and present price action to predict the probability of Hyster Yale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyster Yale's price. Additionally, you may evaluate how the addition of Hyster Yale to your portfolios can decrease your overall portfolio volatility.
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Is Hyster Yale'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 Hyster Yale. If investors know Hyster 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 Hyster Yale 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 2.183 | Dividend Share 1.298 | Earnings Share 7.24 | Revenue Per Share 240.316 | Quarterly Revenue Growth 0.043 |
The market value of Hyster Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale'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 Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale'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 Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyster Yale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale'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.