| HFG Stock | | | 906.00 6.00 0.66% |
Hilton Food financial indicator trend analysis is much more than just examining Hilton Food Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hilton Food Group is a good investment. Please check the relationship between Hilton Food Cash And Short Term Investments and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hilton Food 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 bureau of economic analysis.
Cash And Short Term Investments vs Accounts Payable
Cash And Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hilton Food Group Cash And Short Term Investments account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hilton Food's Cash And Short Term Investments and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hilton Food Group, assuming nothing else is changed. The correlation between historical values of Hilton Food's Cash And Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Hilton Food Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., Hilton Food's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Hilton Food Group balance sheet. This account contains Hilton Food investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hilton Food Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Accounts Payable
An accounting item on the balance sheet that represents Hilton Food obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hilton Food Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hilton Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hilton Food 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 Hilton Food 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 bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 308
M, whereas
Tax Provision is forecasted to decline to about 9.5
M.
Hilton Food fundamental ratios Correlations
Click cells to compare fundamentals
Hilton Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hilton Food fundamental ratios Accounts
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Other Information on Investing in Hilton Stock
Balance Sheet is a snapshot of the
financial position of Hilton Food Group at a specified time, usually calculated after every quarter, six months, or one year. Hilton Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hilton Food and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hilton currently owns. An asset can also be divided into two categories, current and non-current.