Hashicorp Income Before Tax vs Selling General Administrative Analysis

HCP Stock  USD 32.59  0.23  0.70%   
Hashicorp financial indicator trend analysis is much more than just examining Hashicorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hashicorp is a good investment. Please check the relationship between Hashicorp Income Before Tax and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hashicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Hashicorp Stock, please use our How to Invest in Hashicorp guide.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hashicorp Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Hashicorp's Income Before Tax and Selling General Administrative is -0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hashicorp, assuming nothing else is changed. The correlation between historical values of Hashicorp's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Hashicorp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Hashicorp's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hashicorp income statement and is an important metric when analyzing Hashicorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

Most indicators from Hashicorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hashicorp 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 Hashicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Hashicorp Stock, please use our How to Invest in Hashicorp guide.As of 04/29/2024, Enterprise Value is likely to grow to about 15 B, while Tax Provision is likely to drop slightly above 843.7 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.5M4.6M9.5M10.0M
Tax Provision986K1.0M1.0M843.7K

Hashicorp fundamental ratios Correlations

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Click cells to compare fundamentals

Hashicorp Account Relationship Matchups

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When determining whether Hashicorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hashicorp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hashicorp Stock. Highlighted below are key reports to facilitate an investment decision about Hashicorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hashicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Hashicorp Stock, please use our How to Invest in Hashicorp guide.
Note that the Hashicorp information on this page should be used as a complementary analysis to other Hashicorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Hashicorp's price analysis, check to measure Hashicorp'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 Hashicorp is operating at the current time. Most of Hashicorp's value examination focuses on studying past and present price action to predict the probability of Hashicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hashicorp's price. Additionally, you may evaluate how the addition of Hashicorp to your portfolios can decrease your overall portfolio volatility.
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Is Hashicorp'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 Hashicorp. If investors know Hashicorp 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 Hashicorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
3.009
Quarterly Revenue Growth
0.147
Return On Assets
(0.09)
Return On Equity
(0.16)
The market value of Hashicorp is measured differently than its book value, which is the value of Hashicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Hashicorp's value that differs from its market value or its book value, called intrinsic value, which is Hashicorp'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 Hashicorp's market value can be influenced by many factors that don't directly affect Hashicorp'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 Hashicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hashicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hashicorp'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.