HCXY Stock | | | USD 25.50 0.20 0.79% |
Hercules Capital financial indicator trend analysis is much more than just examining Hercules Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hercules Capital is a good investment. Please check the relationship between Hercules Capital Selling General Administrative and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hercules Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Hercules Stock please use our
How to Invest in Hercules Capital guide.
Selling General Administrative vs Income Tax Expense
Selling General Administrative vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hercules Capital Selling General Administrative account and
Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hercules Capital's Selling General Administrative and Income Tax Expense is -0.43. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hercules Capital, assuming nothing else is changed. The correlation between historical values of Hercules Capital's Selling General Administrative and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Hercules Capital are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., Hercules Capital's Selling General Administrative and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Income Tax Expense
Most indicators from Hercules Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hercules Capital 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 Hercules Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Hercules Stock please use our
How to Invest in Hercules Capital guide.At this time, Hercules Capital's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 13.02 in 2024, whereas Selling General Administrative is likely to drop slightly above 15.2
M in 2024.
Hercules Capital fundamental ratios Correlations
Click cells to compare fundamentals
Hercules Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hercules Capital fundamental ratios Accounts
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Additional Tools for Hercules Stock Analysis
When running Hercules Capital's price analysis, check to
measure Hercules Capital'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 Hercules Capital is operating at the current time. Most of Hercules Capital's value examination focuses on studying past and present price action to
predict the probability of Hercules Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Capital's price. Additionally, you may evaluate how the addition of Hercules Capital to your portfolios can decrease your overall portfolio volatility.