Hologic Long Term Debt vs Net Debt 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 Long Term Debt and its Net Debt 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.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hologic's Long Term Debt and Net Debt is 0.73. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Hologic are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Hologic's Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Hologic has held for over one year. Long-term debt appears on Hologic balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hologic balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Expense	95.1M	111.1M	127.8M	110.1M
Depreciation And Amortization	464.5M	323.4M	371.9M	390.5M

Interest Expense Depreciation And Amortization

Hologic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Other Current Assets	Other Current Liab	Accounts Payable	Short Term Debt	Property Plant And Equipment Gross	Short Term Investments	Common Stock	Other Assets
Total Assets		0.63	0.59	0.77	0.94	0.14	0.18	0.61	0.66	0.61	0.55	0.67	0.55	0.77	0.48	0.61	0.69	0.46	0.52	0.09	0.53	0.11	0.69	-0.43	0.75	0.38
Short Long Term Debt Total	0.63		0.23	0.02	0.58	0.8	-0.56	-0.14	0.98	-0.14	0.13	0.83	0.97	0.07	0.9	1.0	-0.07	-0.01	0.03	0.4	-0.21	0.25	-0.06	-0.63	0.71	0.01
Total Current Liabilities	0.59	0.23		0.57	0.75	-0.04	0.15	0.4	0.29	0.4	0.69	0.56	0.02	0.59	0.33	0.22	0.51	0.45	0.32	0.2	0.47	0.72	0.5	-0.39	0.65	0.35
Total Stockholder Equity	0.77	0.02	0.57		0.74	-0.51	0.75	0.93	0.09	0.93	0.64	0.26	-0.08	0.97	-0.12	0.0	0.98	0.63	0.69	-0.16	0.85	-0.08	0.97	0.02	0.49	0.52
Property Plant And Equipment Net	0.94	0.58	0.75	0.74		0.14	0.13	0.55	0.6	0.55	0.73	0.76	0.45	0.78	0.54	0.55	0.68	0.53	0.51	0.22	0.53	0.25	0.67	-0.48	0.84	0.45
Net Debt	0.14	0.8	-0.04	-0.51	0.14		-0.91	-0.67	0.76	-0.67	-0.15	0.53	0.83	-0.46	0.84	0.81	-0.6	-0.34	-0.29	0.51	-0.65	0.29	-0.58	-0.58	0.28	-0.23
Retained Earnings	0.18	-0.56	0.15	0.75	0.13	-0.91		0.82	-0.5	0.82	0.33	-0.36	-0.6	0.67	-0.73	-0.57	0.79	0.5	0.58	-0.39	0.74	-0.33	0.79	0.57	-0.09	0.42
Cash	0.61	-0.14	0.4	0.93	0.55	-0.67	0.82		-0.12	1.0	0.44	0.05	-0.22	0.91	-0.32	-0.18	0.97	0.59	0.51	-0.43	0.92	-0.19	0.93	0.1	0.29	0.41
Non Current Assets Total	0.66	0.98	0.29	0.09	0.6	0.76	-0.5	-0.12		-0.12	0.16	0.85	0.94	0.11	0.89	0.99	-0.04	-0.02	0.12	0.43	-0.19	0.3	-0.01	-0.61	0.74	0.01
Cash And Short Term Investments	0.61	-0.14	0.4	0.93	0.55	-0.67	0.82	1.0	-0.12		0.44	0.05	-0.22	0.91	-0.32	-0.18	0.97	0.59	0.51	-0.43	0.92	-0.19	0.93	0.1	0.29	0.41
Net Receivables	0.55	0.13	0.69	0.64	0.73	-0.15	0.33	0.44	0.16	0.44		0.47	-0.02	0.69	0.17	0.12	0.64	0.8	0.6	0.42	0.44	0.14	0.64	0.06	0.63	0.84
Common Stock Shares Outstanding	0.67	0.83	0.56	0.26	0.76	0.53	-0.36	0.05	0.85	0.05	0.47		0.7	0.33	0.88	0.83	0.17	0.17	0.14	0.48	0.02	0.42	0.17	-0.64	0.96	0.17
Non Current Liabilities Total	0.55	0.97	0.02	-0.08	0.45	0.83	-0.6	-0.22	0.94	-0.22	-0.02	0.7		-0.04	0.85	0.97	-0.17	-0.11	-0.02	0.34	-0.3	0.09	-0.15	-0.58	0.56	-0.07
Inventory	0.77	0.07	0.59	0.97	0.78	-0.46	0.67	0.91	0.11	0.91	0.69	0.33	-0.04		-0.04	0.04	0.97	0.63	0.63	-0.09	0.83	-0.09	0.93	-0.06	0.56	0.53
Other Stockholder Equity	0.48	0.9	0.33	-0.12	0.54	0.84	-0.73	-0.32	0.89	-0.32	0.17	0.88	0.85	-0.04		0.91	-0.22	-0.13	-0.13	0.52	-0.32	0.42	-0.21	-0.76	0.72	-0.08
Total Liab	0.61	1.0	0.22	0.0	0.55	0.81	-0.57	-0.18	0.99	-0.18	0.12	0.83	0.97	0.04	0.91		-0.1	-0.04	0.04	0.42	-0.25	0.28	-0.09	-0.62	0.7	0.0
Total Current Assets	0.69	-0.07	0.51	0.98	0.68	-0.6	0.79	0.97	-0.04	0.97	0.64	0.17	-0.17	0.97	-0.22	-0.1		0.68	0.65	-0.23	0.89	-0.15	0.98	0.1	0.42	0.55
Non Currrent Assets Other	0.46	-0.01	0.45	0.63	0.53	-0.34	0.5	0.59	-0.02	0.59	0.8	0.17	-0.11	0.63	-0.13	-0.04	0.68		0.4	0.02	0.58	-0.07	0.62	0.29	0.34	0.94
Other Current Assets	0.52	0.03	0.32	0.69	0.51	-0.29	0.58	0.51	0.12	0.51	0.6	0.14	-0.02	0.63	-0.13	0.04	0.65	0.4		0.26	0.37	-0.18	0.78	0.32	0.33	0.48
Other Current Liab	0.09	0.4	0.2	-0.16	0.22	0.51	-0.39	-0.43	0.43	-0.43	0.42	0.48	0.34	-0.09	0.52	0.42	-0.23	0.02	0.26		-0.58	0.18	-0.16	0.0	0.41	0.3
Accounts Payable	0.53	-0.21	0.47	0.85	0.53	-0.65	0.74	0.92	-0.19	0.92	0.44	0.02	-0.3	0.83	-0.32	-0.25	0.89	0.58	0.37	-0.58		-0.05	0.82	-0.04	0.24	0.34
Short Term Debt	0.11	0.25	0.72	-0.08	0.25	0.29	-0.33	-0.19	0.3	-0.19	0.14	0.42	0.09	-0.09	0.42	0.28	-0.15	-0.07	-0.18	0.18	-0.05		-0.14	-0.47	0.33	-0.14
Property Plant And Equipment Gross	0.69	-0.06	0.5	0.97	0.67	-0.58	0.79	0.93	-0.01	0.93	0.64	0.17	-0.15	0.93	-0.21	-0.09	0.98	0.62	0.78	-0.16	0.82	-0.14		0.15	0.42	0.53
Short Term Investments	-0.43	-0.63	-0.39	0.02	-0.48	-0.58	0.57	0.1	-0.61	0.1	0.06	-0.64	-0.58	-0.06	-0.76	-0.62	0.1	0.29	0.32	0.0	-0.04	-0.47	0.15		-0.5	0.43
Common Stock	0.75	0.71	0.65	0.49	0.84	0.28	-0.09	0.29	0.74	0.29	0.63	0.96	0.56	0.56	0.72	0.7	0.42	0.34	0.33	0.41	0.24	0.33	0.42	-0.5		0.33
Other Assets	0.38	0.01	0.35	0.52	0.45	-0.23	0.42	0.41	0.01	0.41	0.84	0.17	-0.07	0.53	-0.08	0.0	0.55	0.94	0.48	0.3	0.34	-0.14	0.53	0.43	0.33

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Hologic Account Relationship Matchups

Hologic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.2B	8.9B	9.1B	9.1B	10.5B	11.0B
Short Long Term Debt Total	3.0B	3.0B	2.8B	2.8B	3.2B	1.8B
Total Current Liabilities	1.2B	1.3B	937.7M	1.2B	1.4B	1.5B
Total Stockholder Equity	2.7B	4.2B	4.9B	5.0B	5.8B	6.1B
Property Plant And Equipment Net	491.5M	564.7M	481.6M	517M	594.6M	624.3M
Net Debt	2.3B	1.9B	483.9M	95.7M	110.1M	104.6M
Retained Earnings	(1.6B)	298.3M	1.6B	2.1B	1.9B	1.9B
Cash	701M	1.2B	2.3B	2.7B	3.1B	3.3B
Non Current Assets Total	5.0B	5.8B	5.2B	5.0B	5.7B	3.0B
Cash And Short Term Investments	701M	1.2B	2.3B	2.7B	3.1B	3.3B
Net Receivables	1.0B	942.7M	617.6M	625.6M	719.4M	755.4M
Common Stock Shares Outstanding	264.6M	259.7M	253.8M	248.8M	286.2M	167.9M
Liabilities And Stockholders Equity	7.2B	8.9B	9.1B	9.1B	10.5B	11.0B
Non Current Liabilities Total	3.2B	3.4B	3.3B	2.9B	3.4B	2.0B
Inventory	395.1M	501.2M	623.7M	617.6M	710.2M	745.8M
Other Stockholder Equity	4.3B	4.0B	3.5B	3.1B	3.6B	2.5B
Total Liab	4.5B	4.7B	4.2B	4.1B	4.7B	2.4B
Total Current Assets	2.2B	3.2B	3.9B	4.2B	4.8B	5.1B
Non Currrent Assets Other	489.7M	214.3M	188.8M	267.9M	308.1M	323.5M
Other Current Assets	97.3M	554.5M	281.2M	206.9M	237.9M	249.8M
Other Current Liab	549.5M	599.9M	538.5M	8.2M	9.4M	9.0M
Accounts Payable	178.8M	215.9M	197.7M	712.9M	819.8M	860.8M
Short Term Debt	324.9M	313M	15M	287M	330.1M	177.8M
Property Plant And Equipment Gross	572.2M	1.3B	1.3B	1.3B	1.5B	1.6B
Accumulated Other Comprehensive Income	(49.7M)	(59.1M)	(238.2M)	(147.6M)	(132.8M)	(126.2M)
Other Assets	424.5M	245.7M	210.5M	179M	205.9M	216.1M
Long Term Debt	2.7B	2.7B	2.8B	2.5B	2.9B	2.2B
Treasury Stock	(926M)	(1.6B)	(2.0B)	(2.5B)	(2.3B)	(2.2B)
Intangible Assets	1.3B	1.7B	1.3B	888.6M	1.0B	1.8B
Property Plant Equipment	491.5M	564.7M	481.6M	579.7M	666.7M	337.5M
Current Deferred Revenue	186.1M	198M	186.5M	199.2M	229.1M	128.0M
Good Will	2.7B	3.3B	3.2B	3.3B	3.8B	2.3B
Other Liab	429.3M	662.3M	448.9M	321.5M	369.7M	441.1M
Net Tangible Assets	(1.3B)	(722.2M)	359.1M	847M	974.1M	1.0B
Long Term Debt Total	2.8B	2.7B	2.7B	2.8B	3.2B	3.2B
Capital Surpluse	5.8B	5.9B	6.0B	6.0B	6.9B	6.1B

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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:

How To Invest In Hologic

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Is Hologic Stock a good investment?

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What is Hologic's Net Worth?

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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.

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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.

Quarterly Earnings Growth

0.373

Earnings Share

2.11

Revenue Per Share

16.228

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0649

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.

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Hologic Long Term Debt vs Net Debt Analysis

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Debt

Hologic fundamental ratios Correlations

Hologic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hologic fundamental ratios Accounts

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

Complementary Tools for Hologic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Assets Total
Non Current Assets Total	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.98	Total Current Assets

Retained Earnings	- 0.91	Net Debt
Short Term Investments	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Retained Earnings
Cash And Short Term Investments	- 0.67	Net Debt
Cash	- 0.67	Net Debt
Accounts Payable	- 0.65	Net Debt