HCI Non Current Assets Total vs Total Assets Analysis
HCI Stock | USD 111.37 1.11 1.01% |
HCI financial indicator trend analysis is much more than just examining HCI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCI Group is a good investment. Please check the relationship between HCI Non Current Assets Total and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCI Group Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between HCI's Non Current Assets Total and Total Assets is 0.73. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of HCI Group, assuming nothing else is changed. The correlation between historical values of HCI's Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of HCI Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., HCI's Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Assets
Total assets refers to the total amount of HCI 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 HCI Group 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.Most indicators from HCI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCI Group 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 HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of now, HCI's Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386.1M | 471.5M | 528.0M | 554.4M | Total Revenue | 407.9M | 496.4M | 550.7M | 578.2M |
HCI fundamental ratios Correlations
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HCI Account Relationship Matchups
High Positive Relationship
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HCI fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 802.6M | 941.3M | 1.2B | 1.8B | 1.4B | 1.5B | |
Total Stockholder Equity | 185.5M | 201.1M | 323.4M | 162.6M | 324.8M | 166.6M | |
Other Liab | 31.5M | 52.7M | 43.2M | 25.1M | 22.6M | 23.3M | |
Retained Earnings | 183.4M | 199.6M | 246.8M | 172.5M | 238.4M | 140.0M | |
Cash | 229.2M | 431.3M | 628.9M | 234.9M | 536.5M | 563.3M | |
Common Stock Shares Outstanding | 10.2M | 9.7M | 8.6M | 8.8M | 11.0M | 9.4M | |
Non Current Liabilities Total | 167.7M | 168.4M | 57.2M | 27.0M | 702.4M | 737.6M | |
Total Liab | 617.1M | 740.2M | 762.4M | 1.5B | 978.4M | 503.1M | |
Other Current Liab | (9.8M) | (27.9M) | (40.5M) | (35.4M) | 253.9M | 266.6M | |
Total Current Liabilities | 9.8M | 27.9M | 21.2M | 27.0M | 275.9M | 289.7M | |
Property Plant And Equipment Net | 14.7M | 16.8M | 16.4M | 18.7M | 30.7M | 32.2M | |
Net Debt | (55.8M) | (247.1M) | (566.2M) | (22.5M) | (326.6M) | (310.2M) | |
Accounts Payable | 76K | 87K | 23.3M | 26.3M | 12.9M | 13.6M | |
Non Current Assets Total | 286.6M | 171.6M | 149.9M | 573.5M | 1.3B | 1.3B | |
Non Currrent Assets Other | (2.6M) | (1.6M) | (900K) | (2K) | 1.2B | 1.2B | |
Other Assets | (72.1M) | 108.0M | 206.2M | (238.8M) | (843.8M) | (801.6M) | |
Cash And Short Term Investments | 432.5M | 503.1M | 671.5M | 718.8M | 770.5M | 426.1M | |
Net Receivables | 155.6M | 158.7M | 149.2M | 728.1M | 547.8M | 575.2M | |
Short Term Investments | 203.3M | 71.7M | 42.6M | 483.9M | 234.0M | 156.0M | |
Liabilities And Stockholders Equity | 802.6M | 941.3M | 1.2B | 1.8B | 1.8B | 1.9B | |
Property Plant And Equipment Gross | 12.5M | 13.3M | 14.7M | 16.8M | 19.3M | 10.7M | |
Total Current Assets | 588.1M | 661.7M | 820.8M | 1.5B | 970.7M | 491.0M | |
Property Plant Equipment | 14.7M | 12.8M | 16.4M | 17.9M | 20.6M | 11.4M | |
Other Current Assets | 326.2M | 38.7M | 29.2M | 559.2M | 89.1M | 93.6M | |
Other Stockholder Equity | 178K | (12K) | 76.1M | (9.9M) | 89.6M | 94.0M | |
Accumulated Other Comprehensive Income | 2.2M | 1.5M | 498K | (9.9M) | (3.2M) | (3.0M) | |
Long Term Debt | 163.6M | 156.5M | 45.5M | 211.7M | 208.5M | 152.2M | |
Retained Earnings Total Equity | 183.4M | 199.6M | 246.8M | 172.5M | 198.4M | 173.7M | |
Deferred Long Term Liab | 4.0M | 11.9M | 11.7M | 1.7M | 2.0M | 3.4M | |
Intangible Assets | 4.2M | 3.6M | 10.6M | 10.6M | 7.7M | 7.2M | |
Short Long Term Debt Total | 173.4M | 184.3M | 62.7M | 212.4M | 209.9M | 161.4M | |
Net Tangible Assets | 181.4M | 197.6M | 312.7M | 245.6M | 282.4M | 233.5M | |
Long Term Debt Total | 163.7M | 156.5M | 45.5M | 211.7M | 243.4M | 174.9M | |
Long Term Investments | 343.1M | 226.3M | 197.1M | 617.5M | 452.4M | 346.0M | |
Non Current Liabilities Other | 603.3M | 704.5M | 735.7M | 1.5B | 1.8B | 1.9B |
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When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Property & Casualty Insurance 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 HCI. If investors know HCI 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 HCI 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 16.123 | Dividend Share 1.6 | Earnings Share 12.05 | Revenue Per Share 78.183 | Quarterly Revenue Growth 0.48 |
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI'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 HCI's market value can be influenced by many factors that don't directly affect HCI'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 HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI'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.