Hippo Current Ratio vs Book Value per Share Analysis

HIPO Stock  USD 20.55  0.53  2.65%   
Hippo Holdings financial indicator trend analysis is much more than just examining Hippo Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hippo Holdings is a good investment. Please check the relationship between Hippo Holdings Current Ratio and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hippo Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.

Current Ratio vs Book Value Per Share

Current Ratio vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hippo Holdings Current Ratio account and Book Value per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hippo Holdings' Current Ratio and Book Value per Share is -0.46. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Hippo Holdings, assuming nothing else is changed. The correlation between historical values of Hippo Holdings' Current Ratio and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Hippo Holdings are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Current Ratio i.e., Hippo Holdings' Current Ratio and Book Value per Share go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Hippo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hippo Holdings 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 Hippo Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.At this time, Hippo Holdings' Tax Provision is very stable compared to the past year. As of the 23rd of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.69, while Selling General Administrative is likely to drop about 64.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit91.2M119.7M209.7M111.5M
Total Revenue91.2M119.7M209.7M111.5M

Hippo Holdings fundamental ratios Correlations

0.710.730.390.820.59-0.8-0.790.90.860.86-0.440.460.980.910.550.820.910.510.711.00.90.62-0.870.06-0.37
0.710.540.650.840.95-0.42-0.980.890.510.740.20.930.710.880.040.860.760.860.690.730.90.93-0.90.71-0.86
0.730.540.060.910.45-0.77-0.650.690.590.61-0.30.360.710.70.210.770.930.50.410.730.630.48-0.83-0.03-0.26
0.390.650.060.350.770.13-0.680.68-0.010.72-0.090.50.310.66-0.240.670.350.740.850.380.680.79-0.50.43-0.41
0.820.840.910.350.75-0.71-0.90.880.640.75-0.080.690.810.880.170.920.970.740.590.830.850.76-0.980.34-0.6
0.590.950.450.770.75-0.17-0.950.820.260.780.140.850.540.81-0.230.850.650.970.80.590.821.0-0.830.68-0.84
-0.8-0.42-0.770.13-0.71-0.170.47-0.62-0.93-0.420.24-0.3-0.87-0.64-0.77-0.54-0.8-0.07-0.17-0.82-0.62-0.170.660.080.14
-0.79-0.98-0.65-0.68-0.9-0.950.47-0.95-0.52-0.85-0.01-0.84-0.76-0.94-0.05-0.95-0.85-0.89-0.79-0.8-0.94-0.950.96-0.560.76
0.90.890.690.680.880.82-0.62-0.950.650.9-0.20.690.871.00.270.970.910.750.820.90.990.83-0.950.36-0.54
0.860.510.59-0.010.640.26-0.93-0.520.650.49-0.210.380.930.680.850.510.730.10.270.880.690.25-0.650.04-0.27
0.860.740.610.720.750.78-0.42-0.850.90.49-0.490.450.770.90.120.90.810.770.960.840.890.82-0.850.11-0.4
-0.440.2-0.3-0.09-0.080.140.24-0.01-0.2-0.21-0.490.54-0.33-0.2-0.29-0.21-0.280.06-0.45-0.38-0.170.060.120.8-0.54
0.460.930.360.50.690.85-0.3-0.840.690.380.450.540.50.68-0.040.660.550.740.410.50.710.81-0.730.91-0.94
0.980.710.710.310.810.54-0.87-0.760.870.930.77-0.330.50.890.650.770.890.420.590.990.890.55-0.850.11-0.39
0.910.880.70.660.880.81-0.64-0.941.00.680.9-0.20.680.890.30.960.910.730.80.921.00.82-0.950.34-0.54
0.550.040.21-0.240.17-0.23-0.77-0.050.270.850.12-0.29-0.040.650.30.070.33-0.41-0.060.580.33-0.24-0.18-0.270.18
0.820.860.770.670.920.85-0.54-0.950.970.510.9-0.210.660.770.960.070.920.830.830.820.930.87-0.960.33-0.52
0.910.760.930.350.970.65-0.8-0.850.910.730.81-0.280.550.890.910.330.920.630.630.910.870.67-0.960.15-0.41
0.510.860.50.740.740.97-0.07-0.890.750.10.770.060.740.420.73-0.410.830.630.80.490.720.98-0.790.57-0.75
0.710.690.410.850.590.8-0.17-0.790.820.270.96-0.450.410.590.8-0.060.830.630.80.680.80.84-0.720.16-0.39
1.00.730.730.380.830.59-0.82-0.80.90.880.84-0.380.50.990.920.580.820.910.490.680.910.61-0.880.1-0.39
0.90.90.630.680.850.82-0.62-0.940.990.690.89-0.170.710.891.00.330.930.870.720.80.910.82-0.930.39-0.57
0.620.930.480.790.761.0-0.17-0.950.830.250.820.060.810.550.82-0.240.870.670.980.840.610.82-0.840.62-0.79
-0.87-0.9-0.83-0.5-0.98-0.830.660.96-0.95-0.65-0.850.12-0.73-0.85-0.95-0.18-0.96-0.96-0.79-0.72-0.88-0.93-0.84-0.380.64
0.060.71-0.030.430.340.680.08-0.560.360.040.110.80.910.110.34-0.270.330.150.570.160.10.390.62-0.38-0.89
-0.37-0.86-0.26-0.41-0.6-0.840.140.76-0.54-0.27-0.4-0.54-0.94-0.39-0.540.18-0.52-0.41-0.75-0.39-0.39-0.57-0.790.64-0.89
Click cells to compare fundamentals

Hippo Holdings Account Relationship Matchups

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When determining whether Hippo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hippo Holdings' 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 Hippo Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hippo Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hippo Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Hippo Holdings' price analysis, check to measure Hippo 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 Hippo Holdings is operating at the current time. Most of Hippo Holdings' value examination focuses on studying past and present price action to predict the probability of Hippo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hippo Holdings' price. Additionally, you may evaluate how the addition of Hippo Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Hippo 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 Hippo Holdings. If investors know Hippo 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 Hippo 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
(11.58)
Revenue Per Share
8.894
Quarterly Revenue Growth
0.802
Return On Assets
(0.10)
Return On Equity
(0.54)
The market value of Hippo Holdings is measured differently than its book value, which is the value of Hippo that is recorded on the company's balance sheet. Investors also form their own opinion of Hippo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hippo 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 Hippo Holdings' market value can be influenced by many factors that don't directly affect Hippo 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 Hippo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hippo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hippo 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.