Hologic Long Term Debt vs Other Stockholder Equity 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 Other Stockholder Equity 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 Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity 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 Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hologic's Long Term Debt and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity 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 Other Stockholder Equity 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 Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Hologic's Long Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Other Stockholder Equity

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
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hologic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hologic's short interest history, or implied volatility extrapolated from Hologic options trading.

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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:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
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.