Hasbro Tax Provision vs Net Income From Continuing Ops Analysis

HAS Stock  USD 64.47  0.50  0.77%   
Hasbro financial indicator trend analysis is much more than just examining Hasbro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hasbro Inc is a good investment. Please check the relationship between Hasbro Tax Provision and its Net Income From Continuing Ops accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. 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.

Tax Provision vs Net Income From Continuing Ops

Tax Provision vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hasbro Inc Tax Provision account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hasbro's Tax Provision and Net Income From Continuing Ops is 0.74. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Hasbro Inc, assuming nothing else is changed. The correlation between historical values of Hasbro's Tax Provision and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Hasbro Inc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Tax Provision i.e., Hasbro's Tax Provision and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Net Income From Continuing Ops

Most indicators from Hasbro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hasbro Inc 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 Hasbro Inc. 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.
Selling General Administrative is likely to drop to about 1.1 B in 2024. Tax Provision is likely to gain to about (68.9 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense179.7M171M186.3M195.6M
Depreciation And Amortization223.9M152.2M659.6M692.6M

Hasbro fundamental ratios Correlations

0.89-0.10.880.920.90.560.650.420.830.560.420.73-0.330.930.770.860.050.920.690.110.830.750.740.590.46
0.89-0.080.790.770.920.730.380.350.880.310.350.53-0.230.980.580.760.240.990.560.330.840.660.830.610.68
-0.1-0.08-0.07-0.10.02-0.150.110.09-0.190.090.090.0-0.34-0.110.32-0.09-0.28-0.10.090.01-0.42-0.68-0.240.330.11
0.880.79-0.070.720.910.740.530.060.880.660.060.65-0.310.780.720.890.020.860.390.430.760.750.820.650.59
0.920.77-0.10.720.680.360.770.540.680.580.540.78-0.430.830.820.75-0.080.810.78-0.020.720.670.570.50.3
0.90.920.020.910.680.710.40.260.850.390.260.57-0.250.90.610.810.170.920.510.360.770.630.790.670.65
0.560.73-0.150.740.360.710.02-0.370.920.47-0.370.140.040.660.380.750.340.75-0.120.580.720.590.940.430.82
0.650.380.110.530.770.40.020.480.30.660.480.94-0.840.470.80.5-0.690.470.74-0.050.330.360.130.66-0.12
0.420.350.090.060.540.26-0.370.48-0.07-0.231.00.52-0.370.430.25-0.01-0.140.310.92-0.340.140.08-0.170.23-0.19
0.830.88-0.190.880.680.850.920.3-0.070.58-0.070.41-0.080.860.610.890.290.920.220.40.890.770.980.490.76
0.560.310.090.660.580.390.470.66-0.230.58-0.230.56-0.440.350.810.75-0.360.420.130.160.420.420.490.480.24
0.420.350.090.060.540.26-0.370.481.0-0.07-0.230.52-0.370.430.25-0.01-0.140.310.92-0.340.140.08-0.170.23-0.19
0.730.530.00.650.780.570.140.940.520.410.560.52-0.810.590.750.54-0.580.60.780.090.420.50.250.750.04
-0.33-0.23-0.34-0.31-0.43-0.250.04-0.84-0.37-0.08-0.44-0.37-0.81-0.26-0.56-0.240.86-0.29-0.57-0.19-0.04-0.010.1-0.820.12
0.930.98-0.110.780.830.90.660.470.430.860.350.430.59-0.260.630.770.190.980.640.180.860.690.790.590.61
0.770.580.320.720.820.610.380.80.250.610.810.250.75-0.560.630.75-0.30.660.57-0.010.460.40.50.640.39
0.860.76-0.090.890.750.810.750.5-0.010.890.75-0.010.54-0.240.770.750.070.820.330.270.780.70.830.570.57
0.050.24-0.280.02-0.080.170.34-0.69-0.140.29-0.36-0.14-0.580.860.19-0.30.070.17-0.26-0.020.280.220.44-0.50.5
0.920.99-0.10.860.810.920.750.470.310.920.420.310.6-0.290.980.660.820.170.560.320.860.720.850.640.68
0.690.560.090.390.780.51-0.120.740.920.220.130.920.78-0.570.640.570.33-0.260.56-0.210.350.310.090.49-0.03
0.110.330.010.43-0.020.360.58-0.05-0.340.40.16-0.340.09-0.190.18-0.010.27-0.020.32-0.210.170.130.410.450.42
0.830.84-0.420.760.720.770.720.330.140.890.420.140.42-0.040.860.460.780.280.860.350.170.860.830.370.49
0.750.66-0.680.750.670.630.590.360.080.770.420.080.5-0.010.690.40.70.220.720.310.130.860.740.230.38
0.740.83-0.240.820.570.790.940.13-0.170.980.49-0.170.250.10.790.50.830.440.850.090.410.830.740.350.81
0.590.610.330.650.50.670.430.660.230.490.480.230.75-0.820.590.640.57-0.50.640.490.450.370.230.350.36
0.460.680.110.590.30.650.82-0.12-0.190.760.24-0.190.040.120.610.390.570.50.68-0.030.420.490.380.810.36
Click cells to compare fundamentals

Hasbro Account Relationship Matchups

Hasbro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B10.8B10.0B9.3B6.5B4.3B
Short Long Term Debt Total4.0B5.1B4.0B4.0B3.6B3.8B
Other Current Liab912.7M(161.0M)(114.1M)1.4B1.1B643.6M
Total Current Liabilities1.3B2.4B2.5B2.2B2.1B1.2B
Total Stockholder Equity3.0B2.9B3.1B2.9B1.1B1.7B
Property Plant And Equipment Net382.2M489.0M421.1M422.8M488.6M283.3M
Net Debt(533.4M)3.6B3.0B3.5B3.1B3.2B
Retained Earnings4.4B4.2B4.3B4.1B2.2B2.4B
Cash4.6B1.4B1.0B513.1M545.4M726.4M
Non Current Assets Total2.1B7.0B6.3B6.3B4.2B4.4B
Non Currrent Assets Other242.1M827.8M1.1B1.3B434.1M388.7M
Cash And Short Term Investments4.6B1.4B1.0B513.1M545.4M726.4M
Net Receivables1.4B1.4B1.5B1.1B1.0B906.7M
Common Stock Shares Outstanding128.5M137.6M138.4M138.9M138.8M135.1M
Liabilities And Stockholders Equity8.9B10.8B10.0B9.3B6.5B4.3B
Non Current Liabilities Total4.6B5.5B4.5B4.2B3.4B3.6B
Inventory446.1M395.6M552.1M676.8M332M316.7M
Other Current Assets310.5M609.6M656.4M676.8M416.9M272.0M
Other Stockholder Equity(1.3B)(1.2B)(1.1B)(1.1B)(1.0B)(1.1B)
Total Liab5.9B7.9B7.0B6.4B5.5B5.7B
Total Current Assets6.7B3.8B3.7B3.0B2.3B2.2B
Short Term Debt503K439.2M200.9M255.6M530.5M557.0M
Intangible Assets646.3M1.5B1.2B814.6M587.5M675.6M
Accounts Payable343.9M2.0B2.3B427.3M340.6M345.8M
Good Will494.6M3.7B3.4B3.5B2.3B2.4B
Property Plant And Equipment Gross382.2M489.0M1.1B1.2B1.2B1.2B
Accumulated Other Comprehensive Income(184.2M)(195.0M)(235.3M)(254.9M)(201.5M)(191.4M)
Other Liab443.2M793.9M670.7M441.2M507.4M378.6M
Other Assets585.0M1.3B1.3B667.9M1.00.95
Long Term Debt4.0B4.7B3.8B3.7B3.0B1.8B
Treasury Stock(3.5B)(3.6B)(3.6B)(3.5B)(3.2B)(3.3B)
Property Plant Equipment255.6M489.0M421.1M422.8M486.2M281.4M
Net Tangible Assets1.9B(2.3B)(1.5B)(1.5B)(1.3B)(1.2B)
Retained Earnings Total Equity4.4B4.2B4.3B4.1B4.7B3.6B
Long Term Debt Total4.0B4.7B3.8B3.7B4.3B2.9B
Capital Surpluse2.3B2.3B2.4B2.5B2.9B1.5B

Hasbro Investors Sentiment

The influence of Hasbro'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 Hasbro. 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 Hasbro's public news can be used to forecast risks associated with an investment in Hasbro. The trend in average sentiment can be used to explain how an investor holding Hasbro can time the market purely based on public headlines and social activities around Hasbro Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hasbro'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 Hasbro'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 Hasbro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hasbro.
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 Hasbro 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, Hasbro's short interest history, or implied volatility extrapolated from Hasbro options trading.

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When determining whether Hasbro Inc is a strong investment it is important to analyze Hasbro'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 Hasbro's future performance. For an informed investment choice regarding Hasbro Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. 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.
Note that the Hasbro Inc information on this page should be used as a complementary analysis to other Hasbro's 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Hasbro'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 Hasbro. If investors know Hasbro 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 Hasbro 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
(0.49)
Dividend Share
2.8
Earnings Share
(10.73)
Revenue Per Share
34.26
Quarterly Revenue Growth
(0.24)
The market value of Hasbro Inc is measured differently than its book value, which is the value of Hasbro that is recorded on the company's balance sheet. Investors also form their own opinion of Hasbro's value that differs from its market value or its book value, called intrinsic value, which is Hasbro'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 Hasbro's market value can be influenced by many factors that don't directly affect Hasbro'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 Hasbro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hasbro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hasbro'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.