Hyliion Asset Turnover vs Total Cash From Operating Activities Analysis
| HYLN Stock | USD 1.48 0.04 2.78% |
Hyliion Holdings financial indicator trend analysis is much more than just examining Hyliion Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyliion Holdings Corp is a good investment. Please check the relationship between Hyliion Holdings Asset Turnover and its Total Cash From Operating Activities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyliion Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Asset Turnover vs Total Cash From Operating Activities
Asset Turnover vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hyliion Holdings Corp Asset Turnover account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Hyliion Holdings' Asset Turnover and Total Cash From Operating Activities is -0.81. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Hyliion Holdings Corp, assuming nothing else is changed. The correlation between historical values of Hyliion Holdings' Asset Turnover and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Hyliion Holdings Corp are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Asset Turnover i.e., Hyliion Holdings' Asset Turnover and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.81 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Cash From Operating Activities
Most indicators from Hyliion Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyliion Holdings Corp 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 Hyliion Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of the 2nd of June 2024, Sales General And Administrative To Revenue is likely to grow to 90.95, while Selling General Administrative is likely to drop about 27.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 93.6M | 152.4M | 121.3M | 88.3M | Cost Of Revenue | 2.7M | 8.8M | 5.2M | 4.6M |
Hyliion Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Hyliion Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hyliion Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 12.4M | 4.7M | 15.2M | 14.7M | 15.1M | 12.0M | |
| Other Liab | 5.3M | 175K | 667K | 1.5M | 1.4M | 1.6M | |
| Net Tangible Assets | (18.5M) | 639.8M | 553.7M | 423.4M | 486.9M | 344.8M | |
| Retained Earnings | (49.0M) | (88.1M) | 179.1M | 25.7M | (97.8M) | (92.9M) | |
| Accounts Payable | 1.2M | 1.9M | 7.5M | 2.8M | 4.2M | 3.6M | |
| Other Assets | 236.1M | 193K | 1.5M | 1.7M | 1.5M | 1.4M | |
| Net Receivables | 145K | 92K | 70K | 1.1M | 40K | 38K | |
| Other Current Assets | 414K | 16.4M | 9.1M | 9.8M | 10.6M | 8.5M | |
| Total Current Assets | 6.8M | 608.1M | 386.5M | 324.2M | 181.7M | 276.6M | |
| Property Plant Equipment | 6.6M | 6.2M | 2.2M | 12.1M | 13.9M | 7.8M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyliion Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Hyliion Holdings' price analysis, check to measure Hyliion Holdings' 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 Hyliion Holdings is operating at the current time. Most of Hyliion Holdings' value examination focuses on studying past and present price action to predict the probability of Hyliion Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyliion Holdings' price. Additionally, you may evaluate how the addition of Hyliion Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Hyliion Holdings' 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 Hyliion Holdings. If investors know Hyliion 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 Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 0.002 | Quarterly Revenue Growth (1.00) | Return On Assets (0.19) | Return On Equity (0.33) |
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion Holdings' 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 Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion Holdings' 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 Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion Holdings' 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.