Hayward Good Will vs Current Deferred Revenue Analysis
HAYW Stock | USD 15.99 0.24 1.52% |
Hayward Holdings financial indicator trend analysis is much more than just examining Hayward Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hayward Holdings is a good investment. Please check the relationship between Hayward Holdings Good Will and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hayward Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.
Good Will vs Current Deferred Revenue
Good Will vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hayward Holdings Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hayward Holdings' Good Will and Current Deferred Revenue is -0.48. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Hayward Holdings, assuming nothing else is changed. The correlation between historical values of Hayward Holdings' Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hayward Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Hayward Holdings' Good Will and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Hayward Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hayward Holdings 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 Hayward Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.At this time, Hayward Holdings' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 247.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 9.90 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50.9M | 51.4M | 73.6M | 53.4M | Depreciation And Amortization | 57.8M | 57.6M | 53.1M | 59.6M |
Hayward Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Hayward Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hayward Stock Analysis
When running Hayward Holdings' price analysis, check to measure Hayward Holdings' 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 Hayward Holdings is operating at the current time. Most of Hayward Holdings' value examination focuses on studying past and present price action to predict the probability of Hayward Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hayward Holdings' price. Additionally, you may evaluate how the addition of Hayward Holdings to your portfolios can decrease your overall portfolio volatility.