Haemonetics Net Invested Capital vs Accumulated Depreciation Analysis

HAE Stock

USD 84.08 0.57 0.67%

Haemonetics financial indicator trend analysis is much more than just examining Haemonetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haemonetics is a good investment. Please check the relationship between Haemonetics Net Invested Capital and its Accumulated Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haemonetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.

Net Invested Capital vs Accumulated Depreciation

Net Invested Capital vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haemonetics Net Invested Capital account and Accumulated Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Haemonetics' Net Invested Capital and Accumulated Depreciation is 0.51. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Haemonetics, assuming nothing else is changed. The correlation between historical values of Haemonetics' Net Invested Capital and Accumulated Depreciation 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 Haemonetics are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Invested Capital i.e., Haemonetics' Net Invested Capital and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

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Net Invested Capital

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

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Haemonetics fixed asset that has been charged to Haemonetics expense since that asset was acquired and made available for Haemonetics use. The accumulated depreciation account is Haemonetics asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Haemonetics.

Most indicators from Haemonetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haemonetics 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 Haemonetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.At present, Haemonetics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 27.05, whereas Selling General Administrative is forecasted to decline to about 234.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	505.5M	615.1M	676.5M	710.4M
Total Revenue	993.2M	1.2B	1.3B	1.4B

Gross Profit Total Revenue

Haemonetics fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Short Term Investments
Common Stock Shares Outstanding		-0.68	-0.62	-0.65	0.02	-0.11	0.01	-0.6	-0.19	-0.6	-0.14	-0.68	0.06	-0.15	-0.09	-0.62	-0.63	-0.12	-0.59	-0.62	-0.61	-0.13	0.07	-0.66	-0.02	0.34
Total Assets	-0.68		0.94	0.84	0.5	0.64	0.48	0.87	0.3	0.91	0.58	0.99	0.07	0.59	0.6	0.92	0.93	0.56	0.89	0.96	0.81	0.74	0.1	0.95	0.59	-0.57
Short Long Term Debt Total	-0.62	0.94		0.74	0.45	0.42	0.33	0.98	0.08	0.8	0.43	0.96	-0.03	0.44	0.44	0.98	0.91	0.44	0.8	0.99	0.85	0.63	0.09	0.93	0.57	-0.31
Other Current Liab	-0.65	0.84	0.74		0.46	0.48	0.25	0.65	0.08	0.83	0.6	0.79	-0.17	0.6	0.48	0.75	0.86	0.35	0.86	0.81	0.71	0.66	0.05	0.74	0.27	-0.49
Total Current Liabilities	0.02	0.5	0.45	0.46		0.54	0.57	0.35	-0.07	0.56	0.59	0.45	-0.21	0.59	0.59	0.3	0.54	0.19	0.65	0.5	0.44	0.7	0.8	0.36	0.65	-0.49
Total Stockholder Equity	-0.11	0.64	0.42	0.48	0.54		0.79	0.29	0.67	0.61	0.75	0.58	0.34	0.74	0.87	0.41	0.49	0.75	0.59	0.46	0.34	0.87	0.11	0.54	0.63	-0.85
Property Plant And Equipment Net	0.01	0.48	0.33	0.25	0.57	0.79		0.28	0.36	0.58	0.41	0.46	0.04	0.41	0.86	0.27	0.38	0.33	0.59	0.35	0.31	0.65	0.22	0.31	0.85	-0.71
Net Debt	-0.6	0.87	0.98	0.65	0.35	0.29	0.28		-0.01	0.72	0.23	0.92	-0.07	0.23	0.33	0.96	0.87	0.35	0.73	0.95	0.79	0.49	0.04	0.9	0.57	-0.17
Retained Earnings	-0.19	0.3	0.08	0.08	-0.07	0.67	0.36	-0.01		0.23	0.36	0.29	0.7	0.36	0.41	0.1	0.01	0.71	0.03	0.06	0.09	0.3	-0.18	0.34	0.11	-0.54
Accounts Payable	-0.6	0.91	0.8	0.83	0.56	0.61	0.58	0.72	0.23		0.57	0.87	0.01	0.57	0.71	0.76	0.82	0.43	0.9	0.84	0.78	0.7	0.17	0.76	0.6	-0.6
Cash	-0.14	0.58	0.43	0.6	0.59	0.75	0.41	0.23	0.36	0.57		0.48	0.18	1.0	0.65	0.41	0.48	0.55	0.56	0.49	0.46	0.86	0.24	0.43	0.28	-0.67
Non Current Assets Total	-0.68	0.99	0.96	0.79	0.45	0.58	0.46	0.92	0.29	0.87	0.48		0.06	0.49	0.54	0.94	0.91	0.53	0.85	0.96	0.82	0.67	0.07	0.97	0.6	-0.49
Non Currrent Assets Other	0.06	0.07	-0.03	-0.17	-0.21	0.34	0.04	-0.07	0.7	0.01	0.18	0.06		0.18	0.15	0.02	-0.08	0.69	-0.24	-0.05	-0.21	0.16	-0.25	0.17	0.05	-0.23
Cash And Short Term Investments	-0.15	0.59	0.44	0.6	0.59	0.74	0.41	0.23	0.36	0.57	1.0	0.49	0.18		0.65	0.41	0.48	0.55	0.56	0.49	0.46	0.86	0.24	0.44	0.28	-0.67
Net Receivables	-0.09	0.6	0.44	0.48	0.59	0.87	0.86	0.33	0.41	0.71	0.65	0.54	0.15	0.65		0.41	0.52	0.55	0.66	0.48	0.42	0.85	0.13	0.42	0.71	-0.78
Non Current Liabilities Total	-0.62	0.92	0.98	0.75	0.3	0.41	0.27	0.96	0.1	0.76	0.41	0.94	0.02	0.41	0.41		0.9	0.48	0.76	0.97	0.79	0.61	-0.12	0.92	0.5	-0.28
Inventory	-0.63	0.93	0.91	0.86	0.54	0.49	0.38	0.87	0.01	0.82	0.48	0.91	-0.08	0.48	0.52	0.9		0.41	0.92	0.95	0.71	0.72	0.13	0.87	0.59	-0.49
Other Current Assets	-0.12	0.56	0.44	0.35	0.19	0.75	0.33	0.35	0.71	0.43	0.55	0.53	0.69	0.55	0.55	0.48	0.41		0.28	0.44	0.23	0.66	-0.17	0.63	0.37	-0.48
Other Stockholder Equity	-0.59	0.89	0.8	0.86	0.65	0.59	0.59	0.73	0.03	0.9	0.56	0.85	-0.24	0.56	0.66	0.76	0.92	0.28		0.85	0.71	0.74	0.24	0.73	0.65	-0.65
Total Liab	-0.62	0.96	0.99	0.81	0.5	0.46	0.35	0.95	0.06	0.84	0.49	0.96	-0.05	0.49	0.48	0.97	0.95	0.44	0.85		0.83	0.68	0.1	0.93	0.58	-0.37
Property Plant And Equipment Gross	-0.61	0.81	0.85	0.71	0.44	0.34	0.31	0.79	0.09	0.78	0.46	0.82	-0.21	0.46	0.42	0.79	0.71	0.23	0.71	0.83		0.5	0.19	0.71	0.36	-0.22
Total Current Assets	-0.13	0.74	0.63	0.66	0.7	0.87	0.65	0.49	0.3	0.7	0.86	0.67	0.16	0.86	0.85	0.61	0.72	0.66	0.74	0.68	0.5		0.19	0.61	0.65	-0.72
Short Term Debt	0.07	0.1	0.09	0.05	0.8	0.11	0.22	0.04	-0.18	0.17	0.24	0.07	-0.25	0.24	0.13	-0.12	0.13	-0.17	0.24	0.1	0.19	0.19		0.01	0.31	-0.2
Intangible Assets	-0.66	0.95	0.93	0.74	0.36	0.54	0.31	0.9	0.34	0.76	0.43	0.97	0.17	0.44	0.42	0.92	0.87	0.63	0.73	0.93	0.71	0.61	0.01		0.51	-0.42
Common Stock Total Equity	-0.02	0.59	0.57	0.27	0.65	0.63	0.85	0.57	0.11	0.6	0.28	0.6	0.05	0.28	0.71	0.5	0.59	0.37	0.65	0.58	0.36	0.65	0.31	0.51		-0.51
Short Term Investments	0.34	-0.57	-0.31	-0.49	-0.49	-0.85	-0.71	-0.17	-0.54	-0.6	-0.67	-0.49	-0.23	-0.67	-0.78	-0.28	-0.49	-0.48	-0.65	-0.37	-0.22	-0.72	-0.2	-0.42	-0.51

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Haemonetics Account Relationship Matchups

Haemonetics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	51.8M	51.3M	51.4M	51.4M	51.4M	42.5M
Total Assets	1.3B	1.8B	1.9B	1.9B	2.2B	2.3B
Short Long Term Debt Total	382.5M	707.6M	773.6M	765.9M	873.9M	917.6M
Other Current Liab	127.7M	159.9M	137.9M	145.9M	177.4M	186.3M
Total Current Liabilities	284.3M	253.5M	442.3M	251.8M	300.4M	161.5M
Total Stockholder Equity	587.1M	731.7M	749.4M	818.0M	960.0M	535.9M
Property Plant And Equipment Net	253.4M	217.6M	258.5M	310.9M	366.6M	185.9M
Net Debt	245.2M	515.3M	514.1M	481.4M	695.1M	729.8M
Retained Earnings	78.5M	158.0M	202.4M	253.2M	360.5M	281.9M
Accounts Payable	50.7M	50.3M	58.4M	63.9M	73.4M	77.0M
Cash	137.3M	192.3M	259.5M	284.5M	178.8M	138.4M
Non Current Assets Total	663.5M	1.1B	1.1B	1.2B	1.4B	1.5B
Non Currrent Assets Other	66.3M	76.9M	63.2M	107.0M	88.9M	99.5M
Cash And Short Term Investments	137.3M	192.3M	259.5M	284.5M	178.8M	140.6M
Net Receivables	165.2M	127.6M	159.4M	179.1M	206.6M	120.7M
Liabilities And Stockholders Equity	1.3B	1.8B	1.9B	1.9B	2.2B	2.3B
Non Current Liabilities Total	395.7M	834.8M	668.0M	865.0M	935.2M	982.0M
Inventory	270.3M	322.6M	293.0M	259.4M	317.2M	333.1M
Other Current Assets	30.8M	51.1M	44.1M	46.7M	66.3M	36.9M
Other Stockholder Equity	553.2M	602.7M	572.5M	594.7M	634.6M	666.4M
Total Liab	680.0M	1.1B	1.1B	1.1B	1.2B	1.3B
Property Plant And Equipment Gross	305.6M	217.6M	869.1M	944.2M	959.2M	1.0B
Total Current Assets	603.6M	693.5M	756.0M	769.7M	768.9M	437.2M
Accumulated Other Comprehensive Income	(45.1M)	(29.5M)	(26.0M)	(30.4M)	(35.6M)	(37.4M)
Short Term Debt	77.0M	17.0M	214.1M	11.8M	18.4M	36.2M
Intangible Assets	133.1M	365.5M	310.3M	275.8M	406.1M	426.4M
Other Liab	48.7M	38.2M	76.9M	108.6M	124.9M	131.1M
Other Assets	14.1M	17.0M	67.7M	58.8M	1.0	0.95
Long Term Debt	305.5M	690.6M	559.4M	754.1M	797.6M	837.4M
Good Will	210.7M	466.4M	467.3M	466.2M	565.1M	593.3M
Property Plant Equipment	253.4M	277.4M	258.5M	310.9M	357.5M	213.6M
Current Deferred Revenue	28.8M	26.3M	31.8M	30.2M	31.2M	22.5M
Net Tangible Assets	243.4M	(100.3M)	(28.1M)	76.0M	68.4M	65.0M
Retained Earnings Total Equity	78.5M	158.0M	202.4M	253.2M	227.9M	230.9M
Long Term Debt Total	305.5M	690.6M	559.4M	754.1M	867.2M	910.6M
Capital Surpluse	553.2M	602.7M	572.5M	594.7M	683.9M	516.6M
Deferred Long Term Liab	10.6M	43.8M	28.7M	36.2M	41.6M	26.4M

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When determining whether Haemonetics is a strong investment it is important to analyze Haemonetics' 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 Haemonetics' future performance. For an informed investment choice regarding Haemonetics Stock, refer to the following important reports:

How To Invest In Haemonetics

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Is Haemonetics Stock a good investment?

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What is Haemonetics' 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 Haemonetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.

Note that the Haemonetics information on this page should be used as a complementary analysis to other Haemonetics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Haemonetics' price analysis, check to measure Haemonetics' 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 Haemonetics is operating at the current time. Most of Haemonetics' value examination focuses on studying past and present price action to predict the probability of Haemonetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haemonetics' price. Additionally, you may evaluate how the addition of Haemonetics to your portfolios can decrease your overall portfolio volatility.

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Is Haemonetics' 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 Haemonetics. If investors know Haemonetics 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 Haemonetics 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

(0.30)

Earnings Share

2.29

Revenue Per Share

25.817

Quarterly Revenue Growth

0.128

Return On Assets

0.0626

The market value of Haemonetics is measured differently than its book value, which is the value of Haemonetics that is recorded on the company's balance sheet. Investors also form their own opinion of Haemonetics' value that differs from its market value or its book value, called intrinsic value, which is Haemonetics' 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 Haemonetics' market value can be influenced by many factors that don't directly affect Haemonetics' 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 Haemonetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Haemonetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haemonetics' 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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Haemonetics Net Invested Capital vs Accumulated Depreciation Analysis

Net Invested Capital vs Accumulated Depreciation

Net Invested Capital vs Accumulated Depreciation Correlation Analysis

Correlation Coefficient

Net Invested Capital

Accumulated Depreciation

Haemonetics fundamental ratios Correlations

Haemonetics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Haemonetics fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Net Debt	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Intangible Assets	+ 0.97	Non Current Assets Total

Short Term Investments	- 0.85	Total Stockholder Equity
Short Term Investments	- 0.78	Net Receivables
Short Term Investments	- 0.72	Total Current Assets
Short Term Investments	- 0.71	Property Plant And Equipment Net
Non Current Assets Total	- 0.68	Common Stock Shares Outstanding
Total Assets	- 0.68	Common Stock Shares Outstanding