Hillenbrand Other Current Assets vs Property Plant And Equipment Net Analysis
HI Stock | USD 44.75 0.25 0.56% |
Hillenbrand financial indicator trend analysis is much more than just examining Hillenbrand latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillenbrand is a good investment. Please check the relationship between Hillenbrand Other Current Assets and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
Other Current Assets vs Property Plant And Equipment Net
Other Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hillenbrand's Other Current Assets and Property Plant And Equipment Net is 0.11. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Hillenbrand are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., Hillenbrand's Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Hillenbrand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillenbrand 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 Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.The Hillenbrand's current Discontinued Operations is estimated to increase to about 558.6 M, while Selling General Administrative is projected to decrease to under 204.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 954.6M | 948.2M | 853.4M | 619.4M | Total Revenue | 2.9B | 2.8B | 3.2B | 1.7B |
Hillenbrand fundamental ratios Correlations
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Hillenbrand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillenbrand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Other Current Liab | 355.1M | 253.7M | 338.8M | 431.3M | 496.0M | 520.8M | |
Total Current Liabilities | 852.1M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
Total Stockholder Equity | 1.1B | 1.2B | 1.1B | 1.6B | 1.9B | 2.0B | |
Non Current Assets Total | 2.6B | 2.6B | 2.5B | 3.9B | 3.5B | 3.7B | |
Non Currrent Assets Other | 50.6M | 64.7M | (125.2M) | 102.9M | 92.6M | 88.0M | |
Common Stock Shares Outstanding | 73.4M | 75.4M | 72.2M | 70.1M | 80.6M | 70.9M | |
Liabilities And Stockholders Equity | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Non Current Liabilities Total | 2.1B | 1.7B | 1.7B | 2.6B | 2.3B | 2.5B | |
Other Current Assets | 83.2M | 75.2M | 109.4M | 113.2M | 101.9M | 143.2M | |
Other Stockholder Equity | 680.4M | 589.7M | 426.5M | 457.8M | 412.0M | 356.8M | |
Total Liab | 2.9B | 2.8B | 2.8B | 3.9B | 3.5B | 3.7B | |
Total Current Assets | 1.4B | 1.4B | 1.4B | 1.6B | 1.8B | 1.9B | |
Other Assets | 50.6M | 100K | 90M | 102.9M | 92.6M | 56.6M | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.3B | 2.1B | 2.4B | 2.5B | |
Other Liab | 418.7M | 429.1M | 367M | 515.3M | 592.6M | 622.2M | |
Property Plant And Equipment Net | 468.6M | 433.2M | 404.5M | 432M | 496.8M | 521.6M | |
Current Deferred Revenue | 189.1M | 296.6M | 290.3M | 388.5M | 446.8M | 469.1M | |
Net Debt | 1.4B | 872.4M | 1.1B | 1.9B | 2.1B | 2.2B | |
Retained Earnings | 481.4M | 666.2M | 812M | 1.3B | 1.5B | 1.6B | |
Accounts Payable | 271.6M | 361.3M | 433M | 451.5M | 519.2M | 545.2M | |
Cash | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 142.1M | |
Cash And Short Term Investments | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 143.9M | |
Net Receivables | 417.6M | 445.4M | 525.6M | 658.9M | 757.7M | 795.6M | |
Good Will | 1.1B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Inventory | 385.4M | 411.6M | 533.8M | 592.6M | 681.5M | 715.6M | |
Property Plant And Equipment Gross | 468.6M | 295.1M | 281M | 658.7M | 757.5M | 795.4M | |
Accumulated Other Comprehensive Income | (102.8M) | (46.3M) | (155.6M) | (147.1M) | (132.4M) | (125.8M) | |
Short Term Debt | 36.3M | 123.5M | 15.7M | 19.7M | 22.7M | 44.0M | |
Intangible Assets | 960.7M | 913.8M | 810.7M | 1.4B | 1.6B | 1.7B | |
Property Plant Equipment | 314.2M | 295.1M | 404.5M | 432M | 496.8M | 521.6M | |
Treasury Stock | (50.1M) | (43.2M) | (135.7M) | (297.3M) | (267.6M) | (254.2M) | |
Net Tangible Assets | 98.3M | 295.7M | (887.2M) | (1.8B) | (1.6B) | (1.5B) | |
Noncontrolling Interest In Consolidated Entity | 15.7M | 20.4M | 22.6M | 25.1M | 28.9M | 30.3M | |
Long Term Debt | 1.5B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Retained Earnings Total Equity | 599.5M | 481.4M | 666.2M | 812M | 933.8M | 980.5M | |
Long Term Debt Total | 619.5M | 1.5B | 1.2B | 1.2B | 1.4B | 743.1M | |
Capital Surpluse | 345.3M | 723.6M | 725.4M | 723.8M | 832.4M | 467.6M |
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When determining whether Hillenbrand offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hillenbrand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hillenbrand Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hillenbrand Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Hillenbrand's price analysis, check to measure Hillenbrand'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 Hillenbrand is operating at the current time. Most of Hillenbrand's value examination focuses on studying past and present price action to predict the probability of Hillenbrand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillenbrand's price. Additionally, you may evaluate how the addition of Hillenbrand to your portfolios can decrease your overall portfolio volatility.
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Is Hillenbrand'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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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 (0.99) | Dividend Share 0.885 | Earnings Share 1.17 | Revenue Per Share 43.276 | Quarterly Revenue Growth 0.137 |
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand'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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand'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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand'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.