Hillenbrand Capital Surpluse vs Accounts Payable Analysis
HI Stock | USD 44.47 0.64 1.46% |
Hillenbrand financial indicator trend analysis is much more than just examining Hillenbrand latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillenbrand is a good investment. Please check the relationship between Hillenbrand Capital Surpluse and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
Capital Surpluse vs Accounts Payable
Capital Surpluse vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Capital Surpluse account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hillenbrand's Capital Surpluse and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Capital Surpluse and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Hillenbrand are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Surpluse i.e., Hillenbrand's Capital Surpluse and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Surpluse
Accounts Payable
An accounting item on the balance sheet that represents Hillenbrand obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hillenbrand are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Hillenbrand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillenbrand 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 Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.The Hillenbrand's current Discontinued Operations is estimated to increase to about 558.6 M, while Selling General Administrative is projected to decrease to under 204.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 954.6M | 948.2M | 853.4M | 619.4M | Total Revenue | 2.9B | 2.8B | 3.2B | 1.7B |
Hillenbrand fundamental ratios Correlations
Click cells to compare fundamentals
Hillenbrand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillenbrand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Other Current Liab | 355.1M | 253.7M | 338.8M | 431.3M | 496.0M | 520.8M | |
Total Current Liabilities | 852.1M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
Total Stockholder Equity | 1.1B | 1.2B | 1.1B | 1.6B | 1.9B | 2.0B | |
Non Current Assets Total | 2.6B | 2.6B | 2.5B | 3.9B | 3.5B | 3.7B | |
Non Currrent Assets Other | 50.6M | 64.7M | (125.2M) | 102.9M | 92.6M | 88.0M | |
Common Stock Shares Outstanding | 73.4M | 75.4M | 72.2M | 70.1M | 80.6M | 70.9M | |
Liabilities And Stockholders Equity | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Non Current Liabilities Total | 2.1B | 1.7B | 1.7B | 2.6B | 2.3B | 2.5B | |
Other Current Assets | 83.2M | 75.2M | 109.4M | 113.2M | 101.9M | 143.2M | |
Other Stockholder Equity | 680.4M | 589.7M | 426.5M | 457.8M | 412.0M | 356.8M | |
Total Liab | 2.9B | 2.8B | 2.8B | 3.9B | 3.5B | 3.7B | |
Total Current Assets | 1.4B | 1.4B | 1.4B | 1.6B | 1.8B | 1.9B | |
Other Assets | 50.6M | 100K | 90M | 102.9M | 92.6M | 56.6M | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.3B | 2.1B | 2.4B | 2.5B | |
Other Liab | 418.7M | 429.1M | 367M | 515.3M | 592.6M | 622.2M | |
Property Plant And Equipment Net | 468.6M | 433.2M | 404.5M | 432M | 496.8M | 521.6M | |
Current Deferred Revenue | 189.1M | 296.6M | 290.3M | 388.5M | 446.8M | 469.1M | |
Net Debt | 1.4B | 872.4M | 1.1B | 1.9B | 2.1B | 2.2B | |
Retained Earnings | 481.4M | 666.2M | 812M | 1.3B | 1.5B | 1.6B | |
Accounts Payable | 271.6M | 361.3M | 433M | 451.5M | 519.2M | 545.2M | |
Cash | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 142.1M | |
Cash And Short Term Investments | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 143.9M | |
Net Receivables | 417.6M | 445.4M | 525.6M | 658.9M | 757.7M | 795.6M | |
Good Will | 1.1B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Inventory | 385.4M | 411.6M | 533.8M | 592.6M | 681.5M | 715.6M | |
Property Plant And Equipment Gross | 468.6M | 295.1M | 281M | 658.7M | 757.5M | 795.4M | |
Accumulated Other Comprehensive Income | (102.8M) | (46.3M) | (155.6M) | (147.1M) | (132.4M) | (125.8M) | |
Short Term Debt | 36.3M | 123.5M | 15.7M | 19.7M | 22.7M | 44.0M | |
Intangible Assets | 960.7M | 913.8M | 810.7M | 1.4B | 1.6B | 1.7B | |
Property Plant Equipment | 314.2M | 295.1M | 404.5M | 432M | 496.8M | 521.6M | |
Treasury Stock | (50.1M) | (43.2M) | (135.7M) | (297.3M) | (267.6M) | (254.2M) | |
Net Tangible Assets | 98.3M | 295.7M | (887.2M) | (1.8B) | (1.6B) | (1.5B) | |
Noncontrolling Interest In Consolidated Entity | 15.7M | 20.4M | 22.6M | 25.1M | 28.9M | 30.3M | |
Long Term Debt | 1.5B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Retained Earnings Total Equity | 599.5M | 481.4M | 666.2M | 812M | 933.8M | 980.5M | |
Long Term Debt Total | 619.5M | 1.5B | 1.2B | 1.2B | 1.4B | 743.1M | |
Capital Surpluse | 345.3M | 723.6M | 725.4M | 723.8M | 832.4M | 467.6M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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Is Hillenbrand'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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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 (0.99) | Dividend Share 0.885 | Earnings Share 1.18 | Revenue Per Share 43.276 | Quarterly Revenue Growth 0.137 |
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand'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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand'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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand'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.