Horace Total Assets vs Property Plant Equipment Analysis

HMN Stock  USD 34.88  0.69  1.94%   
Horace Mann financial indicator trend analysis is much more than just examining Horace Mann Educators latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horace Mann Educators is a good investment. Please check the relationship between Horace Mann Total Assets and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horace Mann Educators Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Horace Mann's Total Assets and Property Plant Equipment is 0.48. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Horace Mann Educators, assuming nothing else is changed. The correlation between historical values of Horace Mann's Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Horace Mann Educators are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Horace Mann's Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Horace Mann assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Horace Mann Educators books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant Equipment

Most indicators from Horace Mann's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horace Mann Educators 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 Horace Mann Educators. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Horace Mann's Tax Provision is very stable compared to the past year. As of the 10th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.28, while Selling General Administrative is likely to drop about 173.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B1.5B1.0B
Total Revenue1.3B1.4B1.5B1.0B

Horace Mann fundamental ratios Correlations

0.34-0.12-0.10.870.220.970.04-0.310.75-0.07-0.371.00.320.230.530.440.670.50.560.730.720.540.660.29-0.03
0.34-0.91-0.910.040.970.30.89-0.91-0.090.650.30.380.20.10.890.430.630.51-0.420.570.59-0.440.660.680.5
-0.12-0.911.00.12-0.9-0.08-0.840.980.3-0.52-0.44-0.160.050.14-0.72-0.52-0.65-0.440.59-0.37-0.390.6-0.38-0.44-0.43
-0.1-0.911.00.14-0.9-0.06-0.850.970.31-0.54-0.45-0.140.060.14-0.72-0.52-0.62-0.420.61-0.36-0.380.62-0.37-0.45-0.44
0.870.040.120.14-0.080.85-0.18-0.070.83-0.2-0.520.830.280.050.330.420.50.380.650.460.460.640.410.17-0.35
0.220.97-0.9-0.9-0.080.20.92-0.88-0.170.710.330.270.20.120.870.470.520.29-0.50.470.49-0.520.620.720.59
0.970.3-0.08-0.060.850.20.07-0.240.830.02-0.510.970.320.160.540.370.550.410.490.80.790.470.630.360.11
0.040.89-0.84-0.85-0.180.920.07-0.78-0.170.90.220.070.11-0.070.850.280.270.23-0.670.450.48-0.680.510.810.68
-0.31-0.910.980.97-0.07-0.88-0.24-0.780.14-0.43-0.36-0.330.030.1-0.77-0.66-0.78-0.490.44-0.43-0.440.45-0.47-0.44-0.33
0.75-0.090.30.310.83-0.170.83-0.170.14-0.04-0.860.720.21-0.090.290.140.20.130.540.560.560.530.370.28-0.06
-0.070.65-0.52-0.54-0.20.710.020.9-0.43-0.04-0.03-0.050.19-0.070.740.01-0.110.0-0.610.410.43-0.620.450.90.74
-0.370.3-0.44-0.45-0.520.33-0.510.22-0.36-0.86-0.03-0.34-0.130.27-0.070.130.150.13-0.32-0.35-0.36-0.31-0.07-0.21-0.02
1.00.38-0.16-0.140.830.270.970.07-0.330.72-0.05-0.340.320.250.550.440.690.510.530.750.740.510.680.30.02
0.320.20.050.060.280.20.320.110.030.210.19-0.130.320.420.28-0.060.020.070.20.270.270.190.470.360.14
0.230.10.140.140.050.120.16-0.070.1-0.09-0.070.270.250.420.050.030.02-0.040.32-0.01-0.010.320.490.130.02
0.530.89-0.72-0.720.330.870.540.85-0.770.290.74-0.070.550.280.050.460.540.41-0.240.70.72-0.270.780.870.5
0.440.43-0.52-0.520.420.470.370.28-0.660.140.010.130.44-0.060.030.460.730.040.050.070.070.050.350.21-0.06
0.670.63-0.65-0.620.50.520.550.27-0.780.2-0.110.150.690.020.020.540.730.630.140.430.430.130.470.09-0.12
0.50.51-0.44-0.420.380.290.410.23-0.490.130.00.130.510.07-0.040.410.040.630.080.570.570.070.370.06-0.14
0.56-0.420.590.610.65-0.50.49-0.670.440.54-0.61-0.320.530.20.32-0.240.050.140.080.010.01.00.15-0.31-0.54
0.730.57-0.37-0.360.460.470.80.45-0.430.560.41-0.350.750.27-0.010.70.070.430.570.011.0-0.010.610.540.52
0.720.59-0.39-0.380.460.490.790.48-0.440.560.43-0.360.740.27-0.010.720.070.430.570.01.0-0.020.620.570.53
0.54-0.440.60.620.64-0.520.47-0.680.450.53-0.62-0.310.510.190.32-0.270.050.130.071.0-0.01-0.020.13-0.33-0.55
0.660.66-0.38-0.370.410.620.630.51-0.470.370.45-0.070.680.470.490.780.350.470.370.150.610.620.130.70.29
0.290.68-0.44-0.450.170.720.360.81-0.440.280.9-0.210.30.360.130.870.210.090.06-0.310.540.57-0.330.70.62
-0.030.5-0.43-0.44-0.350.590.110.68-0.33-0.060.74-0.020.020.140.020.5-0.06-0.12-0.14-0.540.520.53-0.550.290.62
Click cells to compare fundamentals

Horace Mann Account Relationship Matchups

Horace Mann fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5B13.5B14.4B13.3B11.7B7.7B
Short Long Term Debt Total433.0M437.3M502.6M498M546M573.3M
Other Current Liab9.4B9.4B(135M)(249M)(1.9B)(1.8B)
Total Current Liabilities9.4B9.4B135M249M(1.9B)(1.8B)
Total Stockholder Equity1.6B1.8B1.8B1.1B1.2B905.6M
Net Debt407.5M415M369.6M455.2M516.3M542.1M
Retained Earnings1.4B1.4B1.5B1.5B1.5B789.2M
Non Currrent Assets Other(38.5M)(28.9M)(29.2M)(135.3M)9.3B9.7B
Other Assets(626.1M)(771.0M)(43M)361.4M1.00.95
Liabilities And Stockholders Equity12.5B13.5B14.4B13.3B11.7B7.7B
Non Current Liabilities Total298.0M302.3M253.6M249M12.4B13.0B
Other Stockholder Equity(5.0M)259K1.9M(14.8M)(13M)(12.4M)
Total Liab10.9B11.7B12.6B12.2B10.5B6.8B
Short Term Debt872.5M0.0135M249M286.4M300.7M
Intangible Assets177.2M158.5M145.4M185.2M156.9M134.9M
Non Current Assets Total6.9B7.5B7.7B6.9B10.8B11.4B
Net Receivables2.3B2.4B153.2M506.2M480.5M386.4M
Total Current Assets6.2B6.7B6.7B6.1B830.2M1.3B
Cash25.5M22.3M133M42.8M29.7M23.2M
Cash And Short Term Investments6.2B6.7B6.7B5.5B551.9M524.3M
Accumulated Other Comprehensive Income219.7M355.1M280.5M(399.4M)(314M)(298.3M)
Short Term Investments6.2B6.7B6.6B5.5B294.1M279.4M
Other Liab9.1B9.8B10.5B10.0B11.5B12.1B
Long Term Debt298.0M302.3M253.6M249M546M573.3M
Good Will49.1M43.5M43.5M54.3M62.4M52.6M
Property Plant Equipment76.6M77.3M75M80.9M93.0M97.7M
Accounts Payable442.9M438.8M425.9M585.1M672.9M343.8M
Other Current Assets249.1M296.3M394M794.5M830.2M871.7M
Net Tangible Assets1.3B1.6B1.7B1.0B1.2B1.4B
Retained Earnings Total Equity1.2B1.4B1.4B1.5B1.8B1.3B
Long Term Debt Total298.0M302.3M253.6M498M572.7M297.3M
Capital Surpluse481.0M488.4M495.3M502.6M578.0M493.9M
Long Term Investments6.6B7.3B7.4B6.6B6.7B7.9B
Non Current Liabilities Other5.7B10.5B11.2B12.1B13.9B9.1B
Property Plant And Equipment Net60.1M64.7M66M69.3M68.6M52.2M

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When determining whether Horace Mann Educators offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horace Mann's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horace Mann Educators Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horace Mann Educators Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Horace Mann'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 Horace Mann. If investors know Horace 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 Horace Mann 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
3.005
Dividend Share
1.32
Earnings Share
1.57
Revenue Per Share
36.901
Quarterly Revenue Growth
0.091
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann'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 Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann'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 Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann'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.