Hilton Long Term Debt vs Common Stock Shares Outstanding Analysis
HGV Stock | USD 41.33 0.27 0.66% |
Hilton Grand financial indicator trend analysis is much more than just examining Hilton Grand Vacations latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hilton Grand Vacations is a good investment. Please check the relationship between Hilton Grand Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hilton Grand Vacations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Long Term Debt vs Common Stock Shares Outstanding
Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Grand Vacations Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hilton Grand's Long Term Debt and Common Stock Shares Outstanding is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hilton Grand Vacations, assuming nothing else is changed. The correlation between historical values of Hilton Grand's Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Hilton Grand Vacations are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Hilton Grand's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Hilton Grand Vacations has held for over one year. Long-term debt appears on Hilton Grand Vacations balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hilton Grand Vacations balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Hilton Grand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hilton Grand Vacations 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 Hilton Grand Vacations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Selling General Administrative is likely to climb to about 205.3 M in 2024, whereas Tax Provision is likely to drop slightly above 71.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 105M | 142M | 178M | 186.9M | Depreciation And Amortization | 126M | 244M | 213M | 223.7M |
Hilton Grand fundamental ratios Correlations
Click cells to compare fundamentals
Hilton Grand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hilton Grand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 89.3M | 85.2M | 101.1M | 120M | 111.6M | 110.1M | |
Total Assets | 3.1B | 3.1B | 8.0B | 8.0B | 8.7B | 4.6B | |
Short Long Term Debt Total | 1.7B | 2.0B | 4.3B | 3.8B | 4.6B | 2.5B | |
Other Current Liab | 274M | 5M | 92M | (92M) | 593M | 622.7M | |
Total Current Liabilities | 599M | 631M | 1.0B | 1.2B | 1.2B | 749.0M | |
Total Stockholder Equity | 570M | 374M | 2.0B | 2.2B | 2.1B | 2.2B | |
Other Liab | 638M | 576M | 1.0B | 1.1B | 1.3B | 714.8M | |
Net Tangible Assets | 493M | 293M | (830M) | (542M) | (487.8M) | (463.4M) | |
Property Plant And Equipment Net | 838M | 553M | 826M | 874M | 819M | 556.7M | |
Current Deferred Revenue | 301M | 379M | 349M | 190M | 394M | 289.0M | |
Net Debt | 1.6B | 1.6B | 3.9B | 3.6B | 3.7B | 2.2B | |
Accounts Payable | 24M | 20M | 63M | 1.0B | 144M | 156.5M | |
Cash | 67M | 428M | 432M | 223M | 885M | 929.3M | |
Non Current Assets Total | 1.0B | 772M | 4.0B | 4.0B | 3.8B | 4.0B | |
Non Currrent Assets Other | (191M) | (50M) | 273M | (286M) | 242M | 254.1M | |
Other Assets | 60M | 526M | 731M | (26M) | 2.0B | 2.1B | |
Long Term Debt | 1.6B | 1.2B | 4.2B | 2.7B | 4.5B | 4.7B | |
Cash And Short Term Investments | 67M | 428M | 432M | 223M | 885M | 929.3M | |
Net Receivables | 1.3B | 1.1B | 2.0B | 2.3B | 2.6B | 1.7B | |
Liabilities And Stockholders Equity | 3.1B | 3.1B | 8.0B | 8.0B | 8.7B | 4.6B | |
Non Current Liabilities Total | 1.9B | 2.1B | 5.0B | 4.7B | 5.4B | 2.9B | |
Inventory | 558M | 702M | 1.2B | 1.2B | 1.4B | 812.9M | |
Other Current Assets | 85M | 139M | 304M | 332M | 2.7B | 2.9B | |
Other Stockholder Equity | 179M | 192M | 1.6B | 1.6B | 1.5B | 1.6B | |
Total Liab | 2.5B | 2.8B | 6.0B | 5.9B | 6.6B | 3.7B | |
Property Plant And Equipment Gross | 838M | 553M | 826M | 874M | 1.0B | 581.2M | |
Total Current Assets | 2.0B | 2.4B | 4.0B | 4.0B | 4.9B | 2.9B | |
Accumulated Other Comprehensive Income | (65M) | (83M) | (110M) | 39M | 17M | 17.9M | |
Short Term Debt | 747M | 227M | 518M | 92M | 20M | 19M | |
Property Plant Equipment | 838M | 501M | 826M | 798M | 917.7M | 502.8M | |
Long Term Debt Total | 1.6B | 1.2B | 2.9B | 2.7B | 3.0B | 1.8B | |
Retained Earnings | 390M | 181M | 357M | 529M | 593M | 395.2M | |
Capital Surpluse | 179M | 192M | 1.6B | 1.6B | 1.8B | 1.9B | |
Non Current Liabilities Other | 59M | 184M | 44M | 1.3B | 54M | 51.3M | |
Cash And Equivalents | 67M | 428M | 432M | 223M | 256.5M | 243.9M |
Pair Trading with Hilton Grand
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hilton Grand position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hilton Grand will appreciate offsetting losses from the drop in the long position's value.Moving against Hilton Stock
0.74 | CDROW | Codere Online Luxembourg | PairCorr |
0.73 | EAT | Brinker International Fiscal Year End 21st of August 2024 | PairCorr |
0.67 | BDL | Flanigans Enterprises | PairCorr |
0.67 | CMG | Chipotle Mexican Grill | PairCorr |
0.63 | AGS | PlayAGS | PairCorr |
The ability to find closely correlated positions to Hilton Grand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hilton Grand when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hilton Grand - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hilton Grand Vacations to buy it.
The correlation of Hilton Grand is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hilton Grand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hilton Grand Vacations moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hilton Grand can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hilton Grand Vacations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Hilton Grand Vacations information on this page should be used as a complementary analysis to other Hilton Grand'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Hilton Stock analysis
When running Hilton Grand's price analysis, check to measure Hilton Grand'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 Hilton Grand is operating at the current time. Most of Hilton Grand's value examination focuses on studying past and present price action to predict the probability of Hilton Grand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hilton Grand's price. Additionally, you may evaluate how the addition of Hilton Grand to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Transaction History View history of all your transactions and understand their impact on performance | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Hilton Grand'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 Hilton Grand. If investors know Hilton 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 Hilton Grand 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 (0.07) | Earnings Share 2.12 | Revenue Per Share 35 | Quarterly Revenue Growth 0.232 | Return On Assets 0.0464 |
The market value of Hilton Grand Vacations is measured differently than its book value, which is the value of Hilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hilton Grand's value that differs from its market value or its book value, called intrinsic value, which is Hilton Grand'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 Hilton Grand's market value can be influenced by many factors that don't directly affect Hilton Grand'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 Hilton Grand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hilton Grand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hilton Grand'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.