Hologic Non Recurring vs Ebit 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 Non Recurring and its Ebit 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.
Non Recurring vs Ebit
Non Recurring vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Non Recurring account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hologic's Non Recurring and Ebit is -0.19. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Ebit in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Non Recurring and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Hologic are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Non Recurring i.e., Hologic's Non Recurring and Ebit go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Recurring
Ebit
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 |
Hologic fundamental ratios Correlations
Click cells to compare fundamentals
Hologic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 ArchitectCheck 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
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.