Helios Debt Ratio from 2010 to 2024
| HLIO Stock | USD 52.31 2.36 4.72% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.27 | Current Value 0.17 | Quarterly Volatility 0.04265596 |
Check Helios Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helios Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 67 M, Interest Expense of 32.8 M or Total Revenue of 877.4 M, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0072 or PTB Ratio of 2.46. Helios financial statements analysis is a perfect complement when working with Helios Technologies Valuation or Volatility modules.
Helios | Debt Ratio |
Latest Helios Technologies' Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Helios Technologies over the last few years. It is Helios Technologies' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Helios Technologies' overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
|
Debt Ratio |
| Timeline |
Helios Debt Ratio Regression Statistics
| Arithmetic Mean | 0.29 | |
| Geometric Mean | 0.29 | |
| Coefficient Of Variation | 14.47 | |
| Mean Deviation | 0.03 | |
| Median | 0.31 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.1448 | |
| R-Value | (0.26) | |
| Mean Square Error | 0 | |
| R-Squared | 0.07 | |
| Significance | 0.35 | |
| Slope | (0) | |
| Total Sum of Squares | 0.03 |
Helios Debt Ratio History
Other Fundumenentals of Helios Technologies
Helios Technologies Debt Ratio component correlations
Click cells to compare fundamentals
About Helios Technologies Financial Statements
Helios Technologies investors utilize fundamental indicators, such as Debt Ratio, to predict how Helios Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.27 | 0.17 | |
| Cash Flow To Debt Ratio | 0.22 | 0.21 |
Pair Trading with Helios Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helios Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helios Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Helios Stock
| 0.85 | B | Barnes Group | PairCorr |
| 0.8 | BW | Babcock Wilcox Enter | PairCorr |
| 0.82 | CR | Crane Company | PairCorr |
| 0.91 | IR | Ingersoll Rand Sell-off Trend | PairCorr |
Moving against Helios Stock
| 0.71 | RR | Richtech Robotics Class | PairCorr |
| 0.7 | CVV | CVD Equipment | PairCorr |
| 0.34 | CYD | China Yuchai Interna | PairCorr |
| 0.33 | CXT | Crane NXT | PairCorr |
The ability to find closely correlated positions to Helios Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helios Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helios Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helios Technologies to buy it.
The correlation of Helios Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helios Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helios Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Helios Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Helios Technologies Correlation against competitors. To learn how to invest in Helios Stock, please use our How to Invest in Helios Technologies guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Industrial Machinery & Supplies & Components space 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 Helios Technologies. If investors know Helios 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 Helios Technologies 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 2.206 | Dividend Share 0.36 | Earnings Share 1.13 | Revenue Per Share 24.693 | Quarterly Revenue Growth (0.03) |
The market value of Helios Technologies is measured differently than its book value, which is the value of Helios that is recorded on the company's balance sheet. Investors also form their own opinion of Helios Technologies' value that differs from its market value or its book value, called intrinsic value, which is Helios Technologies' 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 Helios Technologies' market value can be influenced by many factors that don't directly affect Helios Technologies' 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 Helios Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Helios Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helios Technologies' 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.