HMT Income Before Tax vs Depreciation And Amortization Analysis

HMT Stock   81.50  0.13  0.16%   
HMT financial indicator trend analysis is much more than just examining HMT Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HMT Limited is a good investment. Please check the relationship between HMT Income Before Tax and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HMT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HMT Limited Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between HMT's Income Before Tax and Depreciation And Amortization is -0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of HMT Limited, assuming nothing else is changed. The correlation between historical values of HMT's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of HMT Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., HMT's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on HMT income statement and is an important metric when analyzing HMT Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from HMT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HMT Limited 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 HMT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Discontinued Operations is expected to grow to about 22.4 M, whereas Selling General Administrative is forecasted to decline to about 4.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit660.3M622.1M652.7M1.1B
Total Revenue1.8B2.0B1.6B2.5B

HMT fundamental ratios Correlations

-0.04-0.07-0.470.780.07-0.180.810.970.980.860.7-0.10.240.41-0.190.11-0.480.91-0.110.13-0.230.29-0.12-0.1-0.17
-0.04-0.280.13-0.04-0.280.99-0.35-0.020.01-0.140.09-0.35-0.25-0.38-0.14-0.050.04-0.11-0.16-0.36-0.350.41-0.140.320.9
-0.07-0.28-0.290.070.63-0.270.11-0.07-0.13-0.020.020.730.460.38-0.460.05-0.16-0.01-0.350.55-0.550.06-0.69-0.4-0.42
-0.470.13-0.29-0.86-0.670.15-0.15-0.53-0.52-0.16-0.38-0.22-0.74-0.460.580.360.95-0.240.72-0.440.72-0.50.460.20.46
0.78-0.040.07-0.860.32-0.110.380.760.810.510.53-0.040.410.33-0.46-0.34-0.90.55-0.60.17-0.620.41-0.30.03-0.27
0.07-0.280.63-0.670.32-0.270.050.140.03-0.210.180.590.910.67-0.46-0.08-0.43-0.08-0.480.66-0.50.42-0.52-0.58-0.63
-0.180.99-0.270.15-0.11-0.27-0.49-0.16-0.12-0.28-0.01-0.34-0.26-0.42-0.13-0.10.06-0.25-0.18-0.38-0.340.38-0.130.340.9
0.81-0.350.11-0.150.380.05-0.490.820.770.910.560.120.230.5-0.010.45-0.130.930.230.330.110.03-0.08-0.38-0.37
0.97-0.02-0.07-0.530.760.14-0.160.820.980.840.72-0.080.370.48-0.240.16-0.540.91-0.10.22-0.240.4-0.16-0.23-0.2
0.980.01-0.13-0.520.810.03-0.120.770.980.860.69-0.160.250.34-0.240.06-0.570.9-0.180.12-0.270.33-0.12-0.08-0.13
0.86-0.14-0.02-0.160.51-0.21-0.280.910.840.860.52-0.06-0.020.19-0.070.28-0.250.960.070.1-0.020.0-0.07-0.07-0.11
0.70.090.02-0.380.530.18-0.010.560.720.690.52-0.230.310.650.150.08-0.370.72-0.03-0.05-0.250.7-0.2-0.04-0.07
-0.1-0.350.73-0.22-0.040.59-0.340.12-0.08-0.16-0.06-0.230.520.31-0.40.15-0.03-0.09-0.230.75-0.26-0.17-0.68-0.54-0.51
0.24-0.250.46-0.740.410.91-0.260.230.370.25-0.020.310.520.71-0.450.06-0.530.12-0.40.76-0.440.46-0.47-0.65-0.64
0.41-0.380.38-0.460.330.67-0.420.50.480.340.190.650.310.71-0.020.26-0.30.410.060.45-0.160.55-0.36-0.59-0.6
-0.19-0.14-0.460.58-0.46-0.46-0.13-0.01-0.24-0.24-0.070.15-0.4-0.45-0.020.230.54-0.030.65-0.490.71-0.180.540.410.11
0.11-0.050.050.36-0.34-0.08-0.10.450.160.060.280.080.150.060.260.230.430.30.510.190.33-0.1-0.01-0.37-0.03
-0.480.04-0.160.95-0.9-0.430.06-0.13-0.54-0.57-0.25-0.37-0.03-0.53-0.30.540.43-0.30.71-0.250.71-0.50.40.020.29
0.91-0.11-0.01-0.240.55-0.08-0.250.930.910.90.960.72-0.090.120.41-0.030.3-0.30.10.11-0.060.23-0.12-0.15-0.14
-0.11-0.16-0.350.72-0.6-0.48-0.180.23-0.1-0.180.07-0.03-0.23-0.40.060.650.510.710.1-0.210.8-0.290.53-0.140.09
0.13-0.360.55-0.440.170.66-0.380.330.220.120.1-0.050.750.760.45-0.490.19-0.250.11-0.21-0.26-0.06-0.44-0.74-0.61
-0.23-0.35-0.550.72-0.62-0.5-0.340.11-0.24-0.27-0.02-0.25-0.26-0.44-0.160.710.330.71-0.060.8-0.26-0.520.720.01-0.05
0.290.410.06-0.50.410.420.380.030.40.330.00.7-0.170.460.55-0.18-0.1-0.50.23-0.29-0.06-0.52-0.42-0.140.13
-0.12-0.14-0.690.46-0.3-0.52-0.13-0.08-0.16-0.12-0.07-0.2-0.68-0.47-0.360.54-0.010.4-0.120.53-0.440.72-0.420.240.1
-0.10.32-0.40.20.03-0.580.34-0.38-0.23-0.08-0.07-0.04-0.54-0.65-0.590.41-0.370.02-0.15-0.14-0.740.01-0.140.240.5
-0.170.9-0.420.46-0.27-0.630.9-0.37-0.2-0.13-0.11-0.07-0.51-0.64-0.60.11-0.030.29-0.140.09-0.61-0.050.130.10.5
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HMT Account Relationship Matchups

HMT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B6.8B6.4B7.0B6.0B11.6B
Short Long Term Debt Total9.9B10.2B37.2B37.3B10.3B16.3B
Other Current Liab3.1B3.5B3.9B6.0B6.0B8.4B
Total Current Liabilities51.3B53.3B47.8B49.6B23.2B33.2B
Total Stockholder Equity(46.0B)(47.1B)(41.8B)(43.0B)(17.5B)(18.4B)
Property Plant And Equipment Net575.1M517.3M482.4M462.1M419.5M733.5M
Net Debt7.8B8.3B37.0B36.3B10.0B14.3B
Cash2.1B1.9B167.0M955.4M325M308.8M
Non Current Assets Total765.2M849.6M1.3B768.2M549.1M521.6M
Non Currrent Assets Other63.5M(29.6M)37.3M1.7B2.3B2.2B
Cash And Short Term Investments2.1B1.9B1.4B2.5B2.5B1.7B
Net Receivables2.5B1.8B1.7B2.0B1.4B1.6B
Liabilities And Stockholders Equity7.3B6.8B6.4B7.0B6.0B11.6B
Non Current Liabilities Total2.0B695.1M368.5M399.9M350.7M333.2M
Inventory1.9B1.7B1.4B1.2B1.2B1.4B
Other Current Assets2.5B596M594M460M397.3M556.3M
Other Stockholder Equity5.2B1.2B1.0(27K)(21.1B)(20.0B)
Total Liab53.3B54.0B48.2B50.0B23.6B42.7B
Total Current Assets6.5B6.0B5.1B6.2B5.5B4.8B
Accumulated Other Comprehensive Income(4.1B)1.2B1.2B1.2B1.4B1.4B
Intangible Assets96.6M94.1M126.6M112.5M98.4M0.0
Current Deferred Revenue38.4B38.7B6.0B5.5B6.0B5.7B
Retained Earnings(50.8B)(51.9B)(46.5B)(47.8B)(54.9B)(57.7B)
Accounts Payable1.1B1.0B875.0M819.6M953.4M998.1M
Short Term Investments829.6M70.9M1.2B1.6B2.2B2.3B
Short Term Debt8.7B10.0B37.2B37.3B10.3B11.5B
Other Liab768.2M515.9M368.5M399.8M359.8M341.8M
Net Tangible Assets(46.2B)(47.2B)(41.9B)(43.0B)(38.7B)(40.7B)
Other Assets68.1M188.2M109.3M97.0M111.5M82.7M
Short Long Term Debt8.7B358.8M37.2B37.3B10.3B12.7B
Property Plant Equipment575.1M517.3M482.4M462.1M415.9M580.7M
Net Invested Capital(36.2B)(46.6B)(4.6B)(5.8B)(7.2B)(7.6B)
Net Working Capital(44.8B)(47.3B)(42.8B)(43.4B)(17.7B)(18.6B)

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Other Information on Investing in HMT Stock

Balance Sheet is a snapshot of the financial position of HMT Limited at a specified time, usually calculated after every quarter, six months, or one year. HMT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HMT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HMT currently owns. An asset can also be divided into two categories, current and non-current.