Hologic Cost Of Revenue vs Selling And Marketing Expenses Analysis

HOLX Stock  USD 75.98  0.27  0.36%   
Hologic financial indicator trend analysis is much more than just examining Hologic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hologic is a good investment. Please check the relationship between Hologic Cost Of Revenue and its Selling And Marketing Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hologic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.

Cost Of Revenue vs Selling And Marketing Expenses

Cost Of Revenue vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Cost Of Revenue account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hologic's Cost Of Revenue and Selling And Marketing Expenses is 0.82. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Cost Of Revenue and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Hologic are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Cost Of Revenue i.e., Hologic's Cost Of Revenue and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Hologic income statement and represents the costs associated with goods and services Hologic provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling And Marketing Expenses

Most indicators from Hologic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hologic 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 Hologic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.At this time, Hologic's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Tax Provision is likely to drop slightly above 138.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense95.1M111.1M127.8M73.0M
Depreciation And Amortization464.5M323.4M371.9M390.5M

Hologic fundamental ratios Correlations

0.630.590.770.940.140.180.610.660.610.550.670.550.770.480.610.690.460.520.090.530.110.69-0.460.750.38
0.630.230.020.580.8-0.56-0.140.98-0.140.130.830.970.070.91.0-0.07-0.010.030.4-0.210.25-0.06-0.650.710.01
0.590.230.570.75-0.040.150.40.290.40.690.560.020.590.330.220.510.450.320.20.470.720.5-0.350.650.35
0.770.020.570.74-0.510.750.930.090.930.640.26-0.080.97-0.120.00.980.630.69-0.160.85-0.080.970.010.490.52
0.940.580.750.740.140.130.550.60.550.730.760.450.780.540.550.680.530.510.220.530.250.67-0.490.840.45
0.140.8-0.04-0.510.14-0.91-0.670.76-0.67-0.150.530.83-0.460.840.81-0.6-0.34-0.290.51-0.650.29-0.58-0.580.28-0.23
0.18-0.560.150.750.13-0.910.82-0.50.820.33-0.36-0.60.67-0.73-0.570.790.50.58-0.390.74-0.330.790.56-0.090.42
0.61-0.140.40.930.55-0.670.82-0.121.00.440.05-0.220.91-0.32-0.180.970.590.51-0.430.92-0.190.930.080.290.41
0.660.980.290.090.60.76-0.5-0.12-0.120.160.850.940.110.890.99-0.04-0.020.120.43-0.190.3-0.01-0.630.740.01
0.61-0.140.40.930.55-0.670.821.0-0.120.440.05-0.220.91-0.32-0.180.970.590.51-0.430.92-0.190.930.080.290.41
0.550.130.690.640.73-0.150.330.440.160.440.47-0.020.690.170.120.640.80.60.420.440.140.640.070.630.84
0.670.830.560.260.760.53-0.360.050.850.050.470.70.330.880.830.170.170.140.480.020.420.17-0.640.960.17
0.550.970.02-0.080.450.83-0.6-0.220.94-0.22-0.020.7-0.040.850.97-0.17-0.11-0.020.34-0.30.09-0.15-0.610.56-0.07
0.770.070.590.970.78-0.460.670.910.110.910.690.33-0.04-0.040.040.970.630.63-0.090.83-0.090.93-0.070.560.53
0.480.90.33-0.120.540.84-0.73-0.320.89-0.320.170.880.85-0.040.91-0.22-0.13-0.130.52-0.320.42-0.21-0.770.72-0.08
0.611.00.220.00.550.81-0.57-0.180.99-0.180.120.830.970.040.91-0.1-0.040.040.42-0.250.28-0.09-0.640.70.0
0.69-0.070.510.980.68-0.60.790.97-0.040.970.640.17-0.170.97-0.22-0.10.680.65-0.230.89-0.150.980.090.420.55
0.46-0.010.450.630.53-0.340.50.59-0.020.590.80.17-0.110.63-0.13-0.040.680.40.020.58-0.070.620.270.340.94
0.520.030.320.690.51-0.290.580.510.120.510.60.14-0.020.63-0.130.040.650.40.260.37-0.180.780.310.330.48
0.090.40.2-0.160.220.51-0.39-0.430.43-0.430.420.480.34-0.090.520.42-0.230.020.26-0.580.18-0.160.020.410.3
0.53-0.210.470.850.53-0.650.740.92-0.190.920.440.02-0.30.83-0.32-0.250.890.580.37-0.58-0.050.82-0.050.240.34
0.110.250.72-0.080.250.29-0.33-0.190.3-0.190.140.420.09-0.090.420.28-0.15-0.07-0.180.18-0.05-0.14-0.410.33-0.14
0.69-0.060.50.970.67-0.580.790.93-0.010.930.640.17-0.150.93-0.21-0.090.980.620.78-0.160.82-0.140.140.420.53
-0.46-0.65-0.350.01-0.49-0.580.560.08-0.630.080.07-0.64-0.61-0.07-0.77-0.640.090.270.310.02-0.05-0.410.14-0.50.41
0.750.710.650.490.840.28-0.090.290.740.290.630.960.560.560.720.70.420.340.330.410.240.330.42-0.50.33
0.380.010.350.520.45-0.230.420.410.010.410.840.17-0.070.53-0.080.00.550.940.480.30.34-0.140.530.410.33
Click cells to compare fundamentals

Hologic Account Relationship Matchups

Hologic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B8.9B9.1B9.1B10.5B11.0B
Short Long Term Debt Total3.0B3.0B2.8B2.8B3.2B1.8B
Total Current Liabilities1.2B1.3B937.7M1.2B1.4B1.5B
Total Stockholder Equity2.7B4.2B4.9B5.0B5.8B6.1B
Property Plant And Equipment Net491.5M564.7M481.6M517M594.6M624.3M
Net Debt2.3B1.9B483.9M95.7M110.1M104.6M
Retained Earnings(1.6B)298.3M1.6B2.1B1.9B1.9B
Cash701M1.2B2.3B2.7B3.1B3.3B
Non Current Assets Total5.0B5.8B5.2B5.0B5.7B3.0B
Cash And Short Term Investments701M1.2B2.3B2.7B3.1B3.3B
Net Receivables1.0B942.7M617.6M625.6M719.4M755.4M
Common Stock Shares Outstanding264.6M259.7M253.8M248.8M286.2M167.9M
Liabilities And Stockholders Equity7.2B8.9B9.1B9.1B10.5B11.0B
Non Current Liabilities Total3.2B3.4B3.3B2.9B3.4B2.0B
Inventory395.1M501.2M623.7M617.6M710.2M745.8M
Other Stockholder Equity4.3B4.0B3.5B3.1B3.6B2.5B
Total Liab4.5B4.7B4.2B4.1B4.7B2.4B
Total Current Assets2.2B3.2B3.9B4.2B4.8B5.1B
Non Currrent Assets Other489.7M214.3M188.8M267.9M308.1M323.5M
Other Current Assets97.3M554.5M281.2M206.9M237.9M249.8M
Other Current Liab549.5M599.9M538.5M8.2M9.4M9.0M
Accounts Payable178.8M215.9M197.7M712.9M819.8M860.8M
Short Term Debt324.9M313M15M287M330.1M177.8M
Property Plant And Equipment Gross572.2M1.3B1.3B1.3B1.5B1.6B
Accumulated Other Comprehensive Income(49.7M)(59.1M)(238.2M)(147.6M)(132.8M)(126.2M)
Short Term Investments6M100K31.9M16.2M14.6M10.7M
Other Assets424.5M245.7M210.5M179M205.9M216.1M
Long Term Debt2.7B2.7B2.8B2.5B2.9B2.2B
Treasury Stock(926M)(1.6B)(2.0B)(2.5B)(2.3B)(2.2B)
Intangible Assets1.3B1.7B1.3B888.6M1.0B1.8B
Property Plant Equipment491.5M564.7M481.6M579.7M666.7M337.5M
Current Deferred Revenue186.1M198M186.5M199.2M229.1M128.0M
Good Will2.7B3.3B3.2B3.3B3.8B2.3B
Other Liab429.3M662.3M448.9M321.5M369.7M441.1M
Net Tangible Assets(1.3B)(722.2M)359.1M847M974.1M1.0B
Long Term Debt Total2.8B2.7B2.7B2.8B3.2B3.2B
Capital Surpluse5.8B5.9B6.0B6.0B6.9B6.1B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hologic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hologic'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 Hologic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hologic Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hologic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Hologic Stock analysis

When running Hologic's price analysis, check to measure Hologic'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 Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Is Hologic'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 Hologic. If investors know Hologic 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 Hologic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hologic is measured differently than its book value, which is the value of Hologic that is recorded on the company's balance sheet. Investors also form their own opinion of Hologic's value that differs from its market value or its book value, called intrinsic value, which is Hologic'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 Hologic's market value can be influenced by many factors that don't directly affect Hologic'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 Hologic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hologic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hologic'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.