This firm currently holds 299 M in liabilities. The company has a current ratio of 2.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Hippo Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Hippo Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hippo Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hippo to invest in growth at high rates of return. When we think about Hippo Holdings' use of debt, we should always consider it together with cash and equity. The company retains a Market Volatility (i.e., Beta) of 1.8943, which attests to a somewhat significant risk relative to the market. Let's try to break down what Hippo's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hippo Holdings will likely underperform. Even though it is essential to pay attention to Hippo Holdings current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hippo Holdings exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Hippo Holdings has an expected return of -0.11%. Please be advised to check out Hippo Holdings maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Hippo Holdings performance from the past will be repeated at some point in the near future.
