Hingham Institution Financials

HIFS Stock  USD 284.36  0.80  0.28%   
Based on the analysis of Hingham Institution's profitability, liquidity, and operating efficiency, Hingham Institution for may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Hingham Institution's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 4.3 B in 2024, whereas Non Currrent Assets Other are likely to drop (105.7 M) in 2024. Key indicators impacting Hingham Institution's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.260.4154
Way Down
Slightly volatile
Debt Equity Ratio2.74.1532
Way Down
Pretty Stable
Operating Income22.9 M35.2 M
Way Down
Slightly volatile
Current Ratio0.00170.0018
Notably Down
Very volatile
The financial analysis of Hingham Institution is a critical element in measuring its lifeblood. Investors should not minimize Hingham Institution's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

13.98 Million

  
Understanding current and past Hingham Institution Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hingham Institution's financial statements are interrelated, with each one affecting the others. For example, an increase in Hingham Institution's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hingham Institution's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hingham Institution for. Check Hingham Institution's Beneish M Score to see the likelihood of Hingham Institution's management manipulating its earnings.

Hingham Institution Stock Summary

Hingham Institution competes with First United, First Community, Greene County, Community West, and MVB Financial. Hingham Institution for Savings provides various financial products and services to individuals and businesses in the United States. Hingham Institution for Savings was incorporated in 1834 and is headquartered in Hingham, Massachusetts. Hingham Inst operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 75 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4333231029
CUSIP433323102
Business Address55 Main Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.hinghamsavings.com
Phone781 749 2200
CurrencyUSD - US Dollar

Hingham Institution Key Financial Ratios

Hingham Institution Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.9B3.4B4.2B4.5B4.7B
Other Current Liab(960K)(252K)(198K)(4.5M)(920.2M)(874.2M)
Retained Earnings232.9M278.3M339.7M370.8M391.3M410.9M
Accounts Payable960K252K198K4.5M12.3M12.9M
Other Assets2.3B2.5B3.0B3.7B718.3M955.5M
Total Liab2.3B2.6B3.1B3.8B4.1B4.3B
Common Stock2.1M2.1M2.1M2.1M2.2M2.3M
Net Debt253.7M174.0M393.8M914.0M1.3B1.4B
Cash252.1M234.0M271.2M362.0M5.7M5.4M
Net Receivables4.9M5.3M5.5M7.1M8.6M9.0M
Total Current Assets257.1M239.3M276.6M369.2M5.7M5.4M
Short Term Debt470.6M408.3M630.2M1.3B907.9M953.3M
Other Liab14.0M15.6M17.6M22.0M25.3M26.6M
Long Term Debt505.9M408.0M665M1.3B1.7B1.8B
Inventory(257.1M)(243.1M)(276.6M)(369.2M)(2.9M)(3.0M)
Net Tangible Assets247.2M292.9M354.6M386.0M443.9M256.7M
Other Current Assets257.1M243.1M276.6M369.2M371.0M305.0M
Net Invested Capital753.1M701.0M1.0B1.7B2.1B1.2B

Hingham Institution Key Income Statement Accounts

The reason investors look at the income statement is to determine what Hingham Institution's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense40.1M21.2M8.0M32.9M126.0M132.3M
Total Revenue74.2M92.1M114.7M80.9M63.5M36.6M
Gross Profit74.2M92.1M114.7M80.9M190.5M200.0M
Operating Income53.5M70.1M92.7M87.2M35.2M22.9M
Ebit53.5M70.1M92.7M54.3M35.2M22.2M
Ebitda54.2M70.8M93.2M54.8M35.9M22.9M
Income Before Tax53.5M70.1M92.7M54.3M35.2M23.2M
Net Income38.9M50.8M67.5M37.5M26.4M14.0M
Income Tax Expense14.6M19.4M25.2M16.8M8.9M7.8M
Tax Provision14.6M19.4M25.2M16.8M8.9M8.4M
Net Interest Income66.9M85.2M102.5M106.1M48.3M79.2M
Interest Income107.0M106.4M110.5M139.0M174.3M115.6M

Hingham Institution Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(43.8M)(18.2M)37.2M90.9M444K421.8K
Free Cash Flow32.5M44.1M57.4M53.3M18.5M13.9M
Depreciation652K703K543K494K685K739.4K
Other Non Cash Items(5.6M)(5.3M)(10.7M)26.3M(14.2M)(13.5M)
Capital Expenditures647K1.5M1.6M2.5M1.3M992.1K
Net Income38.9M50.8M67.5M37.5M26.4M14.0M
End Period Cash Flow252.1M234.0M271.2M362.0M362.5M380.6M
Dividends Paid4.4M4.9M5.8M6.6M6.8M7.1M
Investments(219.5M)(280.4M)(14.3M)(685.3M)(276.6M)(290.4M)
Net Borrowings27.4M(101.5M)(97.9M)257.0M295.5M310.3M
Change To Netincome(5.1M)(5.4M)(10.0M)21.4M24.6M25.8M

Hingham Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hingham Institution's current stock value. Our valuation model uses many indicators to compare Hingham Institution value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hingham Institution competition to find correlations between indicators driving Hingham Institution's intrinsic value. More Info.
Hingham Institution for is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hingham Institution for is roughly  10.60 . At this time, Hingham Institution's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hingham Institution by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Hingham Institution for Systematic Risk

Hingham Institution's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hingham Institution volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Hingham Institution for correlated with the market. If Beta is less than 0 Hingham Institution generally moves in the opposite direction as compared to the market. If Hingham Institution Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hingham Institution for is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hingham Institution is generally in the same direction as the market. If Beta > 1 Hingham Institution moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in Hingham Institution Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hingham Institution's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hingham Institution growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.51)

At this time, Hingham Institution's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Hingham Institution November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hingham Institution help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hingham Institution for. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hingham Institution for based on widely used predictive technical indicators. In general, we focus on analyzing Hingham Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hingham Institution's daily price indicators and compare them against related drivers.

Additional Tools for Hingham Stock Analysis

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