Hologic Net Invested Capital vs Short Term Investments 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 Net Invested Capital and its Short Term Investments 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.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Hologic's Net Invested Capital and Short Term Investments is 0.18. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Net Invested Capital 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 Net Invested Capital of Hologic are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Hologic's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Hologic balance sheet. It contains any investments Hologic undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hologic can easily liquidate in the marketplace.

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

Click cells to compare fundamentals

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

Hologic Investors Sentiment

The influence of Hologic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hologic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Hologic's public news can be used to forecast risks associated with an investment in Hologic. The trend in average sentiment can be used to explain how an investor holding Hologic can time the market purely based on public headlines and social activities around Hologic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hologic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hologic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hologic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hologic.

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:

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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 Net Invested Capital vs Short Term Investments Analysis

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Investments

Hologic fundamental ratios Correlations

Hologic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hologic fundamental ratios Accounts

Hologic Investors Sentiment

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