DINO Debt to Equity Ratio vs Operating Income Analysis
DINO Stock | USD 57.46 0.29 0.51% |
Trend analysis of HF Sinclair Corp balance sheet accounts such as Other Current Liabilities of 484.9 M or Total Current Liabilities of 2.9 B provides information on HF Sinclair's total assets, liabilities, and equity, which is the actual value of HF Sinclair Corp to its prevalent stockholders. By breaking down trends over time using HF Sinclair balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
DINO |
About DINO Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of HF Sinclair Corp at a specified time, usually calculated after every quarter, six months, or one year. HF Sinclair Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HF Sinclair and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DINO currently owns. An asset can also be divided into two categories, current and non-current.
HF Sinclair Balance Sheet Chart
HF Sinclair Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how HF Sinclair Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, HF Sinclair's Net Debt is very stable compared to the past year. As of the 24th of April 2024, Retained Earnings is likely to grow to about 5.6 B, while Common Stock Shares Outstanding is likely to drop about 161.5 M. Add Fundamental
Total Assets
Total assets refers to the total amount of HF Sinclair 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 HF Sinclair Corp 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.Total Current Liabilities
Total Current Liabilities is an item on HF Sinclair balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HF Sinclair Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from HF Sinclair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HF Sinclair 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair 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 board of governors. At this time, HF Sinclair's Selling General Administrative is very stable compared to the past year. As of the 24th of April 2024, Tax Provision is likely to grow to about 702.3 M, while Sales General And Administrative To Revenue is likely to drop 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 125.2M | 175.6M | 190.8M | 200.3M | Depreciation And Amortization | 503.5M | 29.9M | 770.6M | 809.1M |
HF Sinclair fundamental ratios Correlations
Click cells to compare fundamentals
HF Sinclair Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HF Sinclair fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.2B | 11.5B | 12.9B | 18.1B | 17.7B | 18.6B | |
Short Long Term Debt Total | 2.9B | 3.5B | 3.5B | 3.6B | 3.1B | 3.3B | |
Other Current Liab | 366.0M | 276.3M | 341.4M | (767.6M) | 461.8M | 484.9M | |
Total Current Liabilities | 1.7B | 1.4B | 2.1B | 3.2B | 2.8B | 2.9B | |
Total Stockholder Equity | 6.0B | 5.7B | 6.3B | 10.0B | 10.2B | 10.7B | |
Property Plant And Equipment Net | 5.3B | 4.9B | 5.8B | 7.0B | 7.0B | 7.3B | |
Net Debt | 2.0B | 2.2B | 3.3B | 2.0B | 1.7B | 1.8B | |
Retained Earnings | 4.7B | 3.9B | 4.4B | 4.1B | 5.4B | 5.6B | |
Cash | 885.2M | 1.4B | 234.4M | 1.7B | 1.4B | 1.4B | |
Non Current Assets Total | 8.9B | 8.2B | 9.2B | 11.4B | 11.6B | 12.1B | |
Non Currrent Assets Other | 821.4M | 643.7M | 751.0M | (367.0M) | 1.2B | 1.3B | |
Cash And Short Term Investments | 885.2M | 1.4B | 234.4M | 1.7B | 1.4B | 1.4B | |
Net Receivables | 885.2M | 721.4M | 1.3B | 1.8B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 167.4M | 162.0M | 162.6M | 202.6M | 190.0M | 161.5M | |
Liabilities And Stockholders Equity | 12.2B | 11.5B | 12.9B | 18.1B | 17.7B | 18.6B | |
Non Current Liabilities Total | 4.0B | 4.4B | 4.6B | 4.9B | 4.7B | 4.9B | |
Inventory | 1.5B | 1.2B | 2.1B | 3.2B | 2.9B | 3.1B | |
Other Current Assets | 61.7M | 47.6M | 66.6M | 112.0M | 89.2M | 93.7M | |
Other Stockholder Equity | 1.2B | 1.8B | 1.9B | 5.9B | 4.8B | 5.0B | |
Total Liab | 5.7B | 5.8B | 6.6B | 8.1B | 7.5B | 7.9B | |
Total Current Assets | 3.3B | 3.3B | 3.8B | 6.7B | 6.1B | 6.5B | |
Accounts Payable | 1.2B | 1.0B | 1.6B | 2.3B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 5.3B | 4.9B | 8.8B | 10.5B | 10.9B | 11.4B | |
Accumulated Other Comprehensive Income | 14.8M | 13.5M | 2.7M | (22.0M) | (11.8M) | (12.4M) | |
Other Assets | 821.4M | 643.7M | 9.7B | 895.2M | 1.0B | 752.5M | |
Long Term Debt | 2.5B | 3.1B | 3.1B | 2.9B | 2.7B | 1.5B | |
Treasury Stock | (2.5B) | (3.0B) | (3.0B) | (3.0B) | (2.7B) | (2.5B) | |
Property Plant Equipment | 4.8B | 4.9B | 5.8B | 7.0B | 8.1B | 8.5B | |
Other Liab | 1.1B | 975.9M | 1.1B | 1.6B | 1.9B | 1.9B | |
Intangible Assets | 373.5M | 334.8M | 299.1M | 463.7M | 410.6M | 431.2M | |
Good Will | 2.4B | 2.3B | 2.3B | 3.0B | 3.0B | 2.2B | |
Net Tangible Assets | 6.3B | 5.5B | 6.0B | 5.8B | 6.7B | 5.8B | |
Noncontrolling Interest In Consolidated Entity | 540.5M | 531.2M | 553.8M | 606.6M | 545.9M | 462.3M | |
Retained Earnings Total Equity | 4.2B | 4.7B | 3.9B | 4.4B | 5.1B | 3.6B |
Pair Trading with HF Sinclair
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HF Sinclair position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HF Sinclair will appreciate offsetting losses from the drop in the long position's value.Moving together with DINO Stock
0.88 | DK | Delek Energy Financial Report 13th of May 2024 | PairCorr |
0.96 | CVI | CVR Energy Earnings Call This Week | PairCorr |
Moving against DINO Stock
0.65 | SGU | Star Gas Partners Earnings Call This Week | PairCorr |
0.54 | CLNE | Clean Energy Fuels Financial Report 14th of May 2024 | PairCorr |
0.42 | CSAN | Cosan SA ADR Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to HF Sinclair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HF Sinclair when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HF Sinclair - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HF Sinclair Corp to buy it.
The correlation of HF Sinclair is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HF Sinclair can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair 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 board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for DINO Stock analysis
When running HF Sinclair's price analysis, check to measure HF Sinclair'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 HF Sinclair is operating at the current time. Most of HF Sinclair's value examination focuses on studying past and present price action to predict the probability of HF Sinclair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HF Sinclair's price. Additionally, you may evaluate how the addition of HF Sinclair to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is HF Sinclair'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 HF Sinclair. If investors know DINO 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 HF Sinclair 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 (0.05) | Dividend Share 1.8 | Earnings Share 8.29 | Revenue Per Share 168.203 | Quarterly Revenue Growth (0.15) |
The market value of HF Sinclair Corp is measured differently than its book value, which is the value of DINO that is recorded on the company's balance sheet. Investors also form their own opinion of HF Sinclair's value that differs from its market value or its book value, called intrinsic value, which is HF Sinclair'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 HF Sinclair's market value can be influenced by many factors that don't directly affect HF Sinclair'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 HF Sinclair's value and its price as these two are different measures arrived at by different means. Investors typically determine if HF Sinclair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HF Sinclair'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.