Hawkins Receivables Turnover vs Income Tax Expense Analysis
| HWKN Stock | USD 74.74 1.33 1.75% |
Hawkins financial indicator trend analysis is much more than just examining Hawkins latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hawkins is a good investment. Please check the relationship between Hawkins Receivables Turnover and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawkins. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.
Receivables Turnover vs Income Tax Expense
Receivables Turnover vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hawkins Receivables Turnover account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hawkins' Receivables Turnover and Income Tax Expense is 0.34. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hawkins, assuming nothing else is changed. The correlation between historical values of Hawkins' Receivables Turnover and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of Hawkins are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Receivables Turnover i.e., Hawkins' Receivables Turnover and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Receivables Turnover
Income Tax Expense
Most indicators from Hawkins' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hawkins 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 Hawkins. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.As of the 18th of April 2024, Selling General Administrative is likely to grow to about 92.9 M, while Tax Provision is likely to drop about 13 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 146.5M | 165.1M | 189.9M | 199.4M | Total Revenue | 774.5M | 935.1M | 1.1B | 1.1B |
Hawkins fundamental ratios Correlations
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Hawkins Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hawkins fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 389.3M | 472.6M | 567.3M | 590.5M | 679.1M | 713.1M | |
| Short Long Term Debt Total | 68.8M | 110.6M | 134.7M | 120.3M | 138.4M | 145.3M | |
| Other Current Liab | 3.1M | 3.6M | 5.8M | 6.6M | 7.6M | 9.1M | |
| Total Current Liabilities | 62.2M | 70.5M | 101.5M | 90.9M | 104.5M | 109.7M | |
| Total Stockholder Equity | 233.5M | 265.2M | 302.6M | 350.0M | 402.5M | 422.6M | |
| Property Plant And Equipment Net | 135.4M | 156.2M | 172.5M | 196.0M | 225.4M | 236.7M | |
| Net Debt | 64.6M | 107.6M | 131.2M | 112.8M | 129.7M | 136.2M | |
| Retained Earnings | 182.9M | 213.9M | 254.4M | 302.4M | 347.8M | 365.2M | |
| Cash | 4.3M | 3.0M | 3.5M | 7.6M | 8.7M | 10.9M | |
| Non Current Assets Total | 258.3M | 309.5M | 339.6M | 358.5M | 412.3M | 432.9M | |
| Non Currrent Assets Other | 3.8M | 6.2M | (1.4M) | (3.8M) | (3.4M) | (3.2M) | |
| Cash And Short Term Investments | 4.3M | 3.0M | 3.5M | 7.6M | 8.7M | 17.3M | |
| Net Receivables | 67.4M | 90.6M | 122.8M | 129.3M | 148.6M | 156.1M | |
| Common Stock Shares Outstanding | 21.3M | 21.3M | 21.1M | 21.0M | 24.2M | 23.0M | |
| Liabilities And Stockholders Equity | 389.3M | 472.6M | 567.3M | 590.5M | 679.1M | 713.1M | |
| Non Current Liabilities Total | 93.6M | 136.8M | 163.3M | 149.6M | 172.1M | 180.7M | |
| Inventory | 54.4M | 63.9M | 95.0M | 88.8M | 102.1M | 107.2M | |
| Other Current Assets | 4.9M | 5.5M | 6.4M | 6.4M | 7.4M | 4.5M | |
| Other Stockholder Equity | 50.4M | 51.1M | 46.7M | 44.4M | 51.1M | 40.1M | |
| Total Liab | 155.8M | 207.3M | 264.7M | 240.5M | 276.6M | 290.4M | |
| Property Plant And Equipment Gross | 135.4M | 156.2M | 161.8M | 185.8M | 213.7M | 224.4M | |
| Total Current Assets | 131.0M | 163.0M | 227.7M | 232.0M | 266.9M | 280.2M | |
| Accumulated Other Comprehensive Income | (79K) | (155.8M) | 1.3M | 2.9M | 2.6M | 2.8M | |
| Short Term Debt | 9.9M | 11.4M | 11.5M | 9.9M | 11.4M | 12.0M | |
| Intangible Assets | 60.7M | 76.4M | 80.2M | 73.1M | 84.0M | 88.2M | |
| Accounts Payable | 34.1M | 37.3M | 66.7M | 53.7M | 61.8M | 64.8M | |
| Common Stock | 530K | 211K | 210K | 209K | 188.1K | 178.7K | |
| Other Liab | 37.7M | 36.2M | 37.8M | 38.5M | 44.2M | 46.5M | |
| Other Assets | 3.0M | 3.8M | 6.2M | 7.8M | 8.9M | 9.4M | |
| Long Term Debt | 49.8M | 88.8M | 115.6M | 101.7M | 117.0M | 122.8M | |
| Property Plant Equipment | 126.3M | 156.2M | 161.8M | 185.8M | 213.7M | 224.4M | |
| Current Deferred Revenue | 13.5M | 18.0M | 19.1M | 20.6M | 18.5M | 17.6M | |
| Net Tangible Assets | 233.5M | 118.2M | 302.6M | 350.0M | 402.5M | 237.6M | |
| Retained Earnings Total Equity | 182.9M | 213.9M | 254.4M | 302.4M | 347.8M | 180.4M | |
| Capital Surpluse | 50.1M | 51.1M | 46.7M | 44.4M | 40.0M | 39.6M | |
| Deferred Long Term Liab | 25.1M | 24.4M | 23.4M | 23.8M | 27.4M | 24.4M | |
| Non Current Liabilities Other | 18.8M | 1.4M | 9.1M | 8.7M | 10.0M | 9.5M |
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 Hawkins 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, Hawkins' short interest history, or implied volatility extrapolated from Hawkins options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawkins. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Hawkins' price analysis, check to measure Hawkins' 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 Hawkins is operating at the current time. Most of Hawkins' value examination focuses on studying past and present price action to predict the probability of Hawkins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawkins' price. Additionally, you may evaluate how the addition of Hawkins to your portfolios can decrease your overall portfolio volatility.
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Is Hawkins' 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 Hawkins. If investors know Hawkins 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 Hawkins 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 0.392 | Dividend Share 0.62 | Earnings Share 3.48 | Revenue Per Share 44.307 | Quarterly Revenue Growth (0.05) |
The market value of Hawkins is measured differently than its book value, which is the value of Hawkins that is recorded on the company's balance sheet. Investors also form their own opinion of Hawkins' value that differs from its market value or its book value, called intrinsic value, which is Hawkins' 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 Hawkins' market value can be influenced by many factors that don't directly affect Hawkins' 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 Hawkins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawkins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawkins' 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.