Hippo Current Ratio vs Enterprise Value Analysis

HIPO Stock  USD 19.69  0.59  2.91%   
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 Enterprise Value 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 Enterprise Value

Current Ratio vs Enterprise Value 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 Enterprise Value. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hippo Holdings' Current Ratio and Enterprise Value is -0.39. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Enterprise Value 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 Enterprise Value 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 Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Current Ratio i.e., Hippo Holdings' Current Ratio and Enterprise Value go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Hippo Holdings theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Hippo Holdings debt, but would also pocket its cash. Enterprise Value is more accurate representation of Hippo Holdings value than its market capitalization because it takes into account all of Hippo Holdings existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.
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 18th 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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.