Hillman Total Current Assets vs Cash And Short Term Investments Analysis
| HLMN Stock | USD 9.19 0.12 1.32% |
Hillman Solutions financial indicator trend analysis is much more than just examining Hillman Solutions Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillman Solutions Corp is a good investment. Please check the relationship between Hillman Solutions Total Current Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillman Solutions 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 population.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillman Solutions Corp Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hillman Solutions' Total Current Assets and Cash And Short Term Investments is 0.91. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hillman Solutions Corp, assuming nothing else is changed. The correlation between historical values of Hillman Solutions' Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Hillman Solutions Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Hillman Solutions' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Hillman Solutions Corp balance sheet. This account contains Hillman Solutions investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hillman Solutions Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Hillman Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillman Solutions 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillman Solutions 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 population. At this time, Hillman Solutions' Tax Provision is very stable compared to the past year. As of the 1st of June 2024, Selling General Administrative is likely to grow to about 473.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 566.4M | 639.8M | 647.5M | 487.1M | Total Revenue | 1.4B | 1.5B | 1.5B | 1.1B |
Hillman Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Hillman Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillman Solutions fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 73.2M | 86.8M | 66.7M | 60.8M | 52.0M | 54.7M | |
| Total Current Liabilities | 208.9M | 311.9M | 277.3M | 215.4M | 223.1M | 225.5M | |
| Total Stockholder Equity | 374.0M | 364.6M | 1.2B | 1.2B | 1.2B | 660.2M | |
| Retained Earnings | (147.4M) | (171.8M) | (210.2M) | (226.6M) | (236.2M) | (248.0M) | |
| Accounts Payable | 125.0M | 201.5M | 186.1M | 131.8M | 140.3M | 144.6M | |
| Net Receivables | 88.4M | 121.2M | 107.2M | 87.0M | 103.5M | 97.1M | |
| Inventory | 323.5M | 391.7M | 533.5M | 489.3M | 382.7M | 383.7M | |
| Other Current Assets | 8.8M | 19.3M | 13.0M | 24.2M | 23.2M | 16.9M | |
| Other Stockholder Equity | 553.4M | 565.8M | 1.4B | 1.4B | 1.4B | 837.7M | |
| Total Current Assets | 440.7M | 553.7M | 668.3M | 631.6M | 548.0M | 521.9M | |
| Other Liab | 194.0M | 184.2M | 154.5M | 152.5M | 137.3M | 143.0M | |
| Net Tangible Assets | (1.3B) | 427.9M | (470.0M) | (401.5M) | (461.8M) | (484.9M) | |
| Other Assets | 12.3M | 13.3M | 18.0M | 23.6M | 27.1M | 17.1M | |
| Property Plant Equipment | 286.8M | 259.5M | 256.6M | 257.2M | 295.8M | 279.0M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillman Solutions 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 population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Hillman Solutions' price analysis, check to measure Hillman Solutions' 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 Hillman Solutions is operating at the current time. Most of Hillman Solutions' value examination focuses on studying past and present price action to predict the probability of Hillman Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillman Solutions' price. Additionally, you may evaluate how the addition of Hillman Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Hillman Solutions' 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 Hillman Solutions. If investors know Hillman 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 Hillman Solutions 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 (0.50) | Earnings Share (0.01) | Revenue Per Share 7.578 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0229 |
The market value of Hillman Solutions Corp is measured differently than its book value, which is the value of Hillman that is recorded on the company's balance sheet. Investors also form their own opinion of Hillman Solutions' value that differs from its market value or its book value, called intrinsic value, which is Hillman Solutions' 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 Hillman Solutions' market value can be influenced by many factors that don't directly affect Hillman Solutions' 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 Hillman Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillman Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillman Solutions' 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.