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 Direction | Positive |
Relationship Strength | Weak |
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 Profit | 1.3B | 1.4B | 1.5B | 1.0B | Total Revenue | 1.3B | 1.4B | 1.5B | 1.0B |
Horace Mann fundamental ratios Correlations
Click cells to compare fundamentals
Horace Mann Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horace Mann fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.5B | 13.5B | 14.4B | 13.3B | 11.7B | 7.7B | |
Short Long Term Debt Total | 433.0M | 437.3M | 502.6M | 498M | 546M | 573.3M | |
Other Current Liab | 9.4B | 9.4B | (135M) | (249M) | (1.9B) | (1.8B) | |
Total Current Liabilities | 9.4B | 9.4B | 135M | 249M | (1.9B) | (1.8B) | |
Total Stockholder Equity | 1.6B | 1.8B | 1.8B | 1.1B | 1.2B | 905.6M | |
Net Debt | 407.5M | 415M | 369.6M | 455.2M | 516.3M | 542.1M | |
Retained Earnings | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | 789.2M | |
Non Currrent Assets Other | (38.5M) | (28.9M) | (29.2M) | (135.3M) | 9.3B | 9.7B | |
Other Assets | (626.1M) | (771.0M) | (43M) | 361.4M | 1.0 | 0.95 | |
Liabilities And Stockholders Equity | 12.5B | 13.5B | 14.4B | 13.3B | 11.7B | 7.7B | |
Non Current Liabilities Total | 298.0M | 302.3M | 253.6M | 249M | 12.4B | 13.0B | |
Other Stockholder Equity | (5.0M) | 259K | 1.9M | (14.8M) | (13M) | (12.4M) | |
Total Liab | 10.9B | 11.7B | 12.6B | 12.2B | 10.5B | 6.8B | |
Short Term Debt | 872.5M | 0.0 | 135M | 249M | 286.4M | 300.7M | |
Intangible Assets | 177.2M | 158.5M | 145.4M | 185.2M | 156.9M | 134.9M | |
Non Current Assets Total | 6.9B | 7.5B | 7.7B | 6.9B | 10.8B | 11.4B | |
Net Receivables | 2.3B | 2.4B | 153.2M | 506.2M | 480.5M | 386.4M | |
Total Current Assets | 6.2B | 6.7B | 6.7B | 6.1B | 830.2M | 1.3B | |
Cash | 25.5M | 22.3M | 133M | 42.8M | 29.7M | 23.2M | |
Cash And Short Term Investments | 6.2B | 6.7B | 6.7B | 5.5B | 551.9M | 524.3M | |
Accumulated Other Comprehensive Income | 219.7M | 355.1M | 280.5M | (399.4M) | (314M) | (298.3M) | |
Short Term Investments | 6.2B | 6.7B | 6.6B | 5.5B | 294.1M | 279.4M | |
Other Liab | 9.1B | 9.8B | 10.5B | 10.0B | 11.5B | 12.1B | |
Long Term Debt | 298.0M | 302.3M | 253.6M | 249M | 546M | 573.3M | |
Good Will | 49.1M | 43.5M | 43.5M | 54.3M | 62.4M | 52.6M | |
Property Plant Equipment | 76.6M | 77.3M | 75M | 80.9M | 93.0M | 97.7M | |
Accounts Payable | 442.9M | 438.8M | 425.9M | 585.1M | 672.9M | 343.8M | |
Other Current Assets | 249.1M | 296.3M | 394M | 794.5M | 830.2M | 871.7M | |
Net Tangible Assets | 1.3B | 1.6B | 1.7B | 1.0B | 1.2B | 1.4B | |
Retained Earnings Total Equity | 1.2B | 1.4B | 1.4B | 1.5B | 1.8B | 1.3B | |
Long Term Debt Total | 298.0M | 302.3M | 253.6M | 498M | 572.7M | 297.3M | |
Capital Surpluse | 481.0M | 488.4M | 495.3M | 502.6M | 578.0M | 493.9M | |
Long Term Investments | 6.6B | 7.3B | 7.4B | 6.6B | 6.7B | 7.9B | |
Non Current Liabilities Other | 5.7B | 10.5B | 11.2B | 12.1B | 13.9B | 9.1B | |
Property Plant And Equipment Net | 60.1M | 64.7M | 66M | 69.3M | 68.6M | 52.2M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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.
Complementary Tools for Horace Stock analysis
When running Horace Mann's price analysis, check to measure Horace Mann'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 Horace Mann is operating at the current time. Most of Horace Mann's value examination focuses on studying past and present price action to predict the probability of Horace Mann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horace Mann's price. Additionally, you may evaluate how the addition of Horace Mann to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
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.