FUL Research Development vs Income Tax Expense Analysis

FUL Stock  USD 79.84  0.22  0.28%   
H B financial indicator trend analysis is much more than just examining H B Fuller latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether H B Fuller is a good investment. Please check the relationship between H B Research Development and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in H B Fuller. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Research Development vs Income Tax Expense

Research Development vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of H B Fuller Research Development account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between H B's Research Development and Income Tax Expense is 0.79. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of H B Fuller, assuming nothing else is changed. The correlation between historical values of H B's Research Development 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 Research Development of H B Fuller 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 Research Development i.e., H B's Research Development and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Income Tax Expense

Most indicators from H B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into H B Fuller 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in H B Fuller. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, H B's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.21 this year, although the value of Selling General Administrative will most likely fall to about 408.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense91.5M134.6M154.8M162.5M
Depreciation And Amortization147.0M159.8M183.8M193.0M

H B fundamental ratios Correlations

0.960.730.910.870.920.950.880.510.980.730.510.94-0.250.970.920.840.740.880.760.950.060.940.860.960.59
0.960.640.850.770.841.00.790.450.960.650.450.86-0.191.00.840.740.650.940.650.860.180.990.760.960.5
0.730.640.780.830.860.620.830.530.760.690.530.77-0.330.670.770.750.910.50.930.78-0.120.580.790.760.26
0.910.850.780.940.910.840.950.430.930.80.430.97-0.190.870.960.840.870.780.820.960.060.830.950.930.56
0.870.770.830.940.970.751.00.470.910.90.470.98-0.30.790.970.930.90.630.90.96-0.080.740.960.880.63
0.920.840.860.910.970.820.980.540.930.840.540.97-0.360.850.950.910.860.710.90.960.020.80.910.90.63
0.951.00.620.840.750.820.770.390.960.660.390.85-0.140.990.830.730.650.930.630.850.160.990.760.960.47
0.880.790.830.951.00.980.770.480.910.870.480.98-0.30.810.970.910.890.670.90.970.00.760.950.890.65
0.510.450.530.430.470.540.390.480.450.181.00.5-0.610.450.430.490.290.50.50.580.270.430.320.390.52
0.980.960.760.930.910.930.960.910.450.810.450.95-0.210.970.940.870.810.850.790.940.040.950.90.990.55
0.730.650.690.80.90.840.660.870.180.810.180.85-0.120.670.880.890.850.420.790.81-0.30.650.930.790.49
0.510.450.530.430.470.540.390.481.00.450.180.5-0.610.450.430.490.290.50.50.580.270.430.320.390.52
0.940.860.770.970.980.970.850.980.50.950.850.5-0.290.880.980.910.830.770.840.990.040.840.950.920.68
-0.25-0.19-0.33-0.19-0.3-0.36-0.14-0.3-0.61-0.21-0.12-0.61-0.29-0.18-0.22-0.27-0.15-0.21-0.28-0.32-0.22-0.15-0.15-0.15-0.18
0.971.00.670.870.790.850.990.810.450.970.670.450.88-0.180.860.770.690.930.680.880.130.990.80.970.49
0.920.840.770.960.970.950.830.970.430.940.880.430.98-0.220.860.940.860.720.870.98-0.010.820.970.920.63
0.840.740.750.840.930.910.730.910.490.870.890.490.91-0.270.770.940.840.570.880.92-0.210.730.910.830.61
0.740.650.910.870.90.860.650.890.290.810.850.290.83-0.150.690.860.840.460.950.82-0.260.610.920.820.28
0.880.940.50.780.630.710.930.670.50.850.420.50.77-0.210.930.720.570.460.490.790.430.930.610.850.52
0.760.650.930.820.90.90.630.90.50.790.790.50.84-0.280.680.870.880.950.490.85-0.150.60.860.780.39
0.950.860.780.960.960.960.850.970.580.940.810.580.99-0.320.880.980.920.820.790.850.070.840.930.920.68
0.060.18-0.120.06-0.080.020.160.00.270.04-0.30.270.04-0.220.13-0.01-0.21-0.260.43-0.150.070.14-0.190.020.21
0.940.990.580.830.740.80.990.760.430.950.650.430.84-0.150.990.820.730.610.930.60.840.140.750.950.49
0.860.760.790.950.960.910.760.950.320.90.930.320.95-0.150.80.970.910.920.610.860.93-0.190.750.90.52
0.960.960.760.930.880.90.960.890.390.990.790.390.92-0.150.970.920.830.820.850.780.920.020.950.90.47
0.590.50.260.560.630.630.470.650.520.550.490.520.68-0.180.490.630.610.280.520.390.680.210.490.520.47
Click cells to compare fundamentals

H B Account Relationship Matchups

H B fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.3B4.5B4.7B5.4B5.7B
Short Long Term Debt Total1.8B1.6B1.8B1.9B2.2B2.3B
Other Current Liab196.7M211.5M216.2M691.0M794.6M834.3M
Total Current Liabilities530.1M736.9M705.7M692.8M796.7M836.6M
Total Stockholder Equity1.4B1.6B1.6B1.8B2.0B2.1B
Property Plant And Equipment Net670.7M695.4M733.7M872.1M1.0B1.1B
Net Debt1.7B1.6B1.7B1.7B2.0B2.1B
Retained Earnings1.5B1.6B1.7B1.8B2.1B2.2B
Cash100.5M61.8M79.9M179.5M206.4M216.7M
Non Current Assets Total3.0B3.1B3.2B3.4B3.9B4.1B
Non Currrent Assets Other176.3M274.4M244.4M232.5M267.4M280.8M
Cash And Short Term Investments100.5M61.8M79.9M179.5M206.4M216.7M
Net Receivables514.9M614.6M607.4M618.7M711.5M747.1M
Common Stock Shares Outstanding52.5M54.3M55.3M56.0M50.4M44.1M
Liabilities And Stockholders Equity4.0B4.3B4.5B4.7B5.4B5.7B
Non Current Liabilities Total2.1B1.9B2.1B2.3B2.6B2.7B
Inventory323.2M448.4M491.8M442.0M508.3M533.8M
Other Current Assets81.1M96.3M120.3M112.7M129.6M136.1M
Other Stockholder Equity157.9M213.6M266.5M301.5M346.7M364.0M
Total Liab2.7B2.7B2.9B3.0B3.4B3.6B
Property Plant And Equipment Gross699.2M695.4M1.6B1.8B2.1B2.2B
Total Current Assets1.0B1.2B1.3B1.3B1.5B1.6B
Accumulated Other Comprehensive Income(302.9M)(270.2M)(451.4M)(442.9M)(398.6M)(378.7M)
Short Term Debt16.9M25.0M28.9M29.3M33.7M43.8M
Intangible Assets756.0M687.1M702.1M729.1M838.5M880.4M
Accounts Payable316.5M500.3M460.7M439.7M505.7M530.9M
Good Will1.3B1.3B1.4B1.5B1.7B1.8B
Common Stock Total Equity50.7M51.2M51.9M52.8M60.7M44.9M
Common Stock51.9M52.8M53.7M54.1M62.2M45.9M
Other Liab322.4M367.7M335.0M344.9M396.6M416.4M
Other Assets177.1M278.2M372.1M335.9M386.2M220.3M
Long Term Debt1.8B1.6B1.7B1.8B2.1B2.2B
Property Plant Equipment629.8M670.7M695.4M733.7M843.7M480.0M
Net Tangible Assets1.2B(686.7M)(375.3M)1.2B1.1B1.2B
Noncontrolling Interest In Consolidated Entity401K442K541K591K531.9K454.5K
Retained Earnings Total Equity1.3B1.4B1.5B1.6B1.8B1.1B
Long Term Debt Total1.9B1.8B1.6B1.7B2.0B1.3B
Capital Surpluse130.3M157.9M213.6M266.5M306.5M321.8M

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 Architect
When determining whether H B Fuller is a strong investment it is important to analyze H B's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact H B's future performance. For an informed investment choice regarding FUL Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in H B Fuller. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for FUL Stock analysis

When running H B's price analysis, check to measure H B'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 H B is operating at the current time. Most of H B's value examination focuses on studying past and present price action to predict the probability of H B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move H B's price. Additionally, you may evaluate how the addition of H B to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Valuation
Check real value of public entities based on technical and fundamental data
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Is H B'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 H B. If investors know FUL 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 H B 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
0.41
Dividend Share
0.82
Earnings Share
2.75
Revenue Per Share
64.486
Quarterly Revenue Growth
0.002
The market value of H B Fuller is measured differently than its book value, which is the value of FUL that is recorded on the company's balance sheet. Investors also form their own opinion of H B's value that differs from its market value or its book value, called intrinsic value, which is H B'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 H B's market value can be influenced by many factors that don't directly affect H B'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 H B's value and its price as these two are different measures arrived at by different means. Investors typically determine if H B is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, H B'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.