Hartford Asset Turnover vs Return On Assets Analysis

HIG Stock

USD 99.63 0.29 0.29%

Hartford Financial financial indicator trend analysis is much more than just examining Hartford Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hartford Financial is a good investment. Please check the relationship between Hartford Financial Asset Turnover and its Return On Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. 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.

Asset Turnover vs Return On Assets

Asset Turnover vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hartford Financial Asset Turnover account and Return On Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hartford Financial's Asset Turnover and Return On Assets is 0.96. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Hartford Financial Services, assuming nothing else is changed. The correlation between historical values of Hartford Financial's Asset Turnover and Return On Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Hartford Financial Services are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Asset Turnover i.e., Hartford Financial's Asset Turnover and Return On Assets go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.

Most indicators from Hartford Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hartford Financial 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 Hartford Financial Services. 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.

At this time, Hartford Financial's Discontinued Operations is most likely to increase significantly in the upcoming years. The Hartford Financial's current Enterprise Value is estimated to increase to about 27.3 B, while Selling General Administrative is projected to decrease to roughly 3.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	17.6B	17.5B	24.5B	18.5B
Total Revenue	22.4B	22.4B	24.5B	21.5B

Gross Profit Total Revenue

Hartford Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Total Current Assets	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Treasury Stock
Total Assets		0.76	0.96	0.98	0.56	0.41	-0.44	0.82	-0.32	-0.03	0.98	0.47	0.78	0.83	0.64	0.46	0.42	0.33	0.63	0.49	0.23	0.48	0.2	0.88	0.59	-0.37
Short Long Term Debt Total	0.76		0.78	0.78	0.9	0.76	-0.02	0.96	-0.13	-0.27	0.7	0.26	0.74	0.68	0.53	0.14	0.67	0.15	0.93	0.62	0.27	0.6	0.22	0.72	0.68	-0.47
Other Current Liab	0.96	0.78		0.98	0.55	0.53	-0.27	0.82	-0.25	-0.12	0.96	0.39	0.67	0.91	0.79	0.48	0.56	0.43	0.68	0.58	0.04	0.46	0.28	0.79	0.6	-0.43
Total Current Liabilities	0.98	0.78	0.98		0.57	0.47	-0.38	0.84	-0.31	-0.04	0.98	0.42	0.75	0.84	0.69	0.46	0.45	0.34	0.69	0.48	0.18	0.46	0.23	0.84	0.59	-0.4
Total Stockholder Equity	0.56	0.9	0.55	0.57		0.7	0.15	0.86	-0.12	-0.21	0.46	0.19	0.65	0.51	0.37	-0.19	0.63	0.09	0.91	0.54	0.34	0.5	0.17	0.58	0.52	-0.49
Net Debt	0.41	0.76	0.53	0.47	0.7		0.41	0.7	-0.09	-0.51	0.35	0.22	0.15	0.57	0.6	0.04	0.76	0.33	0.85	0.71	-0.08	0.54	0.35	0.2	0.45	-0.56
Retained Earnings	-0.44	-0.02	-0.27	-0.38	0.15	0.41		-0.17	0.44	-0.26	-0.47	-0.48	-0.46	-0.04	0.18	-0.42	0.49	0.21	0.08	0.26	-0.48	-0.16	0.23	-0.52	-0.12	-0.22
Common Stock Shares Outstanding	0.82	0.96	0.82	0.84	0.86	0.7	-0.17		-0.22	-0.26	0.77	0.36	0.74	0.74	0.56	0.25	0.61	0.27	0.92	0.61	0.26	0.64	0.29	0.78	0.72	-0.5
Non Current Liabilities Total	-0.32	-0.13	-0.25	-0.31	-0.12	-0.09	0.44	-0.22		-0.28	-0.27	-0.85	-0.15	-0.25	-0.18	-0.3	-0.08	-0.12	-0.23	-0.19	-0.01	0.03	-0.03	-0.26	-0.1	-0.12
Other Stockholder Equity	-0.03	-0.27	-0.12	-0.04	-0.21	-0.51	-0.26	-0.26	-0.28		-0.03	0.0	0.08	-0.15	-0.15	-0.02	-0.41	-0.01	-0.32	-0.49	0.07	-0.82	-0.3	0.05	-0.16	0.31
Total Liab	0.98	0.7	0.96	0.98	0.46	0.35	-0.47	0.77	-0.27	-0.03		0.4	0.75	0.82	0.64	0.51	0.37	0.34	0.56	0.43	0.18	0.46	0.19	0.86	0.56	-0.34
Short Term Debt	0.47	0.26	0.39	0.42	0.19	0.22	-0.48	0.36	-0.85	0.0	0.4		0.28	0.34	0.18	0.37	0.19	0.15	0.3	0.47	0.15	0.31	0.06	0.39	0.15	0.06
Cash	0.78	0.74	0.67	0.75	0.65	0.15	-0.46	0.74	-0.15	0.08	0.75	0.28		0.47	0.19	0.23	0.26	-0.1	0.53	0.28	0.54	0.42	-0.02	0.94	0.56	-0.13
Non Current Assets Total	0.83	0.68	0.91	0.84	0.51	0.57	-0.04	0.74	-0.25	-0.15	0.82	0.34	0.47		0.94	0.42	0.75	0.64	0.62	0.73	-0.3	0.34	0.38	0.63	0.58	-0.48
Non Currrent Assets Other	0.64	0.53	0.79	0.69	0.37	0.6	0.18	0.56	-0.18	-0.15	0.64	0.18	0.19	0.94		0.36	0.75	0.72	0.53	0.66	-0.53	0.17	0.43	0.36	0.47	-0.49
Other Assets	0.46	0.14	0.48	0.46	-0.19	0.04	-0.42	0.25	-0.3	-0.02	0.51	0.37	0.23	0.42	0.36		0.07	0.36	0.03	0.18	-0.16	0.17	0.42	0.4	0.64	0.16
Cash And Short Term Investments	0.42	0.67	0.56	0.45	0.63	0.76	0.49	0.61	-0.08	-0.41	0.37	0.19	0.26	0.75	0.75	0.07		0.46	0.65	0.91	-0.43	0.36	0.34	0.31	0.43	-0.43
Net Receivables	0.33	0.15	0.43	0.34	0.09	0.33	0.21	0.27	-0.12	-0.01	0.34	0.15	-0.1	0.64	0.72	0.36	0.46		0.23	0.44	-0.6	-0.01	0.57	0.19	0.35	-0.46
Common Stock Total Equity	0.63	0.93	0.68	0.69	0.91	0.85	0.08	0.92	-0.23	-0.32	0.56	0.3	0.53	0.62	0.53	0.03	0.65	0.23		0.59	0.22	0.59	0.35	0.54	0.57	-0.6
Short Term Investments	0.49	0.62	0.58	0.48	0.54	0.71	0.26	0.61	-0.19	-0.49	0.43	0.47	0.28	0.73	0.66	0.18	0.91	0.44	0.59		-0.3	0.51	0.3	0.37	0.39	-0.35
Total Current Assets	0.23	0.27	0.04	0.18	0.34	-0.08	-0.48	0.26	-0.01	0.07	0.18	0.15	0.54	-0.3	-0.53	-0.16	-0.43	-0.6	0.22	-0.3		0.35	-0.27	0.36	0.06	0.1
Common Stock	0.48	0.6	0.46	0.46	0.5	0.54	-0.16	0.64	0.03	-0.82	0.46	0.31	0.42	0.34	0.17	0.17	0.36	-0.01	0.59	0.51	0.35		0.26	0.46	0.39	-0.37
Other Liab	0.2	0.22	0.28	0.23	0.17	0.35	0.23	0.29	-0.03	-0.3	0.19	0.06	-0.02	0.38	0.43	0.42	0.34	0.57	0.35	0.3	-0.27	0.26		0.14	0.55	-0.52
Accounts Payable	0.88	0.72	0.79	0.84	0.58	0.2	-0.52	0.78	-0.26	0.05	0.86	0.39	0.94	0.63	0.36	0.4	0.31	0.19	0.54	0.37	0.36	0.46	0.14		0.63	-0.27
Long Term Debt	0.59	0.68	0.6	0.59	0.52	0.45	-0.12	0.72	-0.1	-0.16	0.56	0.15	0.56	0.58	0.47	0.64	0.43	0.35	0.57	0.39	0.06	0.39	0.55	0.63		-0.21
Treasury Stock	-0.37	-0.47	-0.43	-0.4	-0.49	-0.56	-0.22	-0.5	-0.12	0.31	-0.34	0.06	-0.13	-0.48	-0.49	0.16	-0.43	-0.46	-0.6	-0.35	0.1	-0.37	-0.52	-0.27	-0.21

Click cells to compare fundamentals

Hartford Financial Account Relationship Matchups

Hartford Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	70.8B	74.1B	76.6B	73.0B	70.1B	66.6B
Short Long Term Debt Total	4.8B	4.4B	4.9B	4.4B	4.4B	4.5B
Other Current Liab	(500M)	6.8B	7.2B	34.3B	35.2B	33.5B
Total Current Liabilities	500M	701M	687M	2.1B	35.2B	33.5B
Total Stockholder Equity	16.3B	18.6B	17.8B	13.6B	15.3B	15.1B
Net Debt	4.7B	4.2B	4.7B	4.1B	4.2B	3.6B
Retained Earnings	12.7B	13.9B	15.8B	17.0B	19.0B	10.7B
Common Stock Shares Outstanding	364.9M	360.6M	354.1M	329.5M	311.5M	369.5M
Liabilities And Stockholders Equity	70.8B	74.1B	76.6B	73.0B	70.1B	66.6B
Non Current Liabilities Total	4.3B	4.4B	4.9B	57.3B	19.6B	20.5B
Other Stockholder Equity	(12.7B)	(13.9B)	1.6B	(17.0B)	(1.2B)	(1.2B)
Total Liab	54.5B	4.4B	4.9B	59.4B	54.8B	52.0B
Short Term Debt	413M	500M	0.0	(34.3B)	(30.8B)	(29.3B)
Cash	185M	151M	205M	229M	189M	179.6M
Non Current Assets Total	52.7B	55.8B	55.8B	50.0B	58.5B	86.2B
Non Currrent Assets Other	(299M)	(46M)	(270M)	(1.4B)	48.5B	50.9B
Other Assets	(37.0B)	(40.5B)	(36.9B)	(29.2B)	(26.3B)	(25.0B)
Cash And Short Term Investments	45.3B	48.5B	46.7B	40.3B	43.8B	28.3B
Net Receivables	9.9B	10.3B	11.0B	11.9B	12.7B	11.7B
Short Term Investments	45.1B	48.3B	46.5B	40.1B	5.4B	5.1B
Total Current Assets	55.2B	58.7B	57.7B	52.2B	11.6B	11.0B
Accumulated Other Comprehensive Income	52M	1.2B	172M	(3.9B)	(2.8B)	(2.7B)
Common Stock	14.3B	15.9B	17.1B	17.2B	3M	2.9M
Other Liab	42.8B	44.4B	46.6B	47.0B	54.1B	38.5B
Accounts Payable	755M	701M	687M	658M	592.2M	562.6M
Long Term Debt	4.3B	4.4B	4.9B	4.4B	4.4B	5.6B
Treasury Stock	(1.1B)	(1.1B)	(1.2B)	(1.8B)	(1.6B)	(1.7B)
Intangible Assets	1.1B	950M	858M	778M	707M	972.5M
Property Plant And Equipment Net	1.2B	1.1B	1.0B	927M	896M	980.8M
Current Deferred Revenue	(816M)	(767M)	(255M)	1.4B	1.7B	1.7B
Other Current Assets	9.1B	9.2B	9.9B	10.6B	11.6B	11.0B
Property Plant And Equipment Gross	1.0B	1.0B	1.2B	1.1B	1.3B	1.1B
Property Plant Equipment	1.2B	1.1B	1.0B	927M	1.1B	1.1B
Retained Earnings Total Equity	12.7B	13.9B	15.8B	17.0B	19.6B	11.8B
Net Tangible Assets	13.0B	15.4B	14.7B	10.6B	9.5B	12.4B
Long Term Debt Total	4.3B	4.4B	4.9B	4.4B	3.9B	4.5B

Hartford Financial Investors Sentiment

The influence of Hartford Financial'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 Hartford. 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 Hartford Financial's public news can be used to forecast risks associated with an investment in Hartford. The trend in average sentiment can be used to explain how an investor holding Hartford can time the market purely based on public headlines and social activities around Hartford Financial Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hartford Financial'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 Hartford Financial'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 Hartford Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hartford Financial.

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 Hartford Financial 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, Hartford Financial's short interest history, or implied volatility extrapolated from Hartford Financial options trading.

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

How To Invest In Hartford

Details

Is Hartford Stock a good investment?

Details

What is Hartford Financial's Net Worth?

Details

Largest Insurance - Property & Casualty Companies

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Largest Financial Services Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. 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.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Hartford Stock analysis

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

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Is Hartford Financial'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 Hartford Financial. If investors know Hartford 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 Hartford Financial 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

0.488

Dividend Share

1.79

Earnings Share

8.78

Revenue Per Share

82.675

Quarterly Revenue Growth

0.086

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

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Hartford Asset Turnover vs Return On Assets Analysis

Asset Turnover vs Return On Assets

Asset Turnover vs Return On Assets Correlation Analysis

Correlation Coefficient

Asset Turnover

Return On Assets

Hartford Financial fundamental ratios Correlations

Hartford Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hartford Financial fundamental ratios Accounts

Hartford Financial Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Hartford Stock analysis

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Total Current Liabilities	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab
Total Liab	+ 0.98	Total Current Liabilities
Other Current Liab	+ 0.96	Total Assets
Common Stock Shares Outstanding	+ 0.96	Short Long Term Debt Total

Short Term Debt	- 0.85	Non Current Liabilities Total
Common Stock	- 0.82	Other Stockholder Equity
Treasury Stock	- 0.6	Common Stock Total Equity
Total Current Assets	- 0.6	Net Receivables
Treasury Stock	- 0.56	Net Debt
Total Current Assets	- 0.53	Non Currrent Assets Other