Hilton Depreciation And Amortization vs Net Income From Continuing Ops Analysis

HFG Stock   863.00  1.00  0.12%   
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 Depreciation And Amortization and its Net Income From Continuing Ops 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.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Food Group Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hilton Food's Depreciation And Amortization and Net Income From Continuing Ops is 0.55. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops 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 Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Hilton Food Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Hilton Food's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income From Continuing Ops

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 354.1 M, whereas Tax Provision is forecasted to decline to about 9.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit295.1M430.4M494.9M519.7M
Total Revenue3.8B4.0B4.6B4.8B

Hilton Food fundamental ratios Correlations

0.990.960.970.980.880.990.970.930.990.941.00.770.870.930.840.460.880.970.990.950.931.00.980.990.48
0.990.940.950.940.841.01.00.870.950.910.990.720.860.90.830.450.850.970.960.90.890.990.970.960.51
0.960.940.910.930.870.940.920.910.950.910.960.790.870.940.780.60.860.940.930.920.880.950.920.950.37
0.970.950.910.970.860.960.930.90.960.950.970.760.730.940.830.460.840.880.960.90.930.960.970.970.65
0.980.940.930.970.910.940.910.970.980.940.970.830.810.950.830.460.880.910.980.960.950.970.960.990.49
0.880.840.870.860.910.850.810.880.880.90.870.860.740.920.790.540.80.820.850.850.890.860.810.890.43
0.991.00.940.960.940.850.990.880.960.931.00.720.850.920.830.460.850.970.960.90.890.990.970.970.53
0.971.00.920.930.910.810.990.830.940.870.990.680.870.860.820.420.840.980.950.890.880.980.960.950.49
0.930.870.910.90.970.880.880.830.950.930.910.780.80.930.740.40.860.870.920.940.860.910.910.950.35
0.990.950.950.960.980.880.960.940.950.920.980.780.870.920.830.470.890.940.990.980.930.980.981.00.43
0.940.910.910.950.940.90.930.870.930.920.930.790.730.980.770.410.810.860.880.850.870.930.890.930.58
1.00.990.960.970.970.871.00.990.910.980.930.760.870.920.840.470.870.970.980.930.921.00.980.990.49
0.770.720.790.760.830.860.720.680.780.780.790.760.650.830.710.510.710.70.760.790.860.750.680.790.36
0.870.860.870.730.810.740.850.870.80.870.730.870.650.730.710.390.810.950.860.880.750.880.830.860.02
0.930.90.940.940.950.920.920.860.930.920.980.920.830.730.780.550.830.850.880.860.880.920.880.940.55
0.840.830.780.830.830.790.830.820.740.830.770.840.710.710.780.550.940.790.840.810.830.830.810.840.5
0.460.450.60.460.460.540.460.420.40.470.410.470.510.390.550.550.560.430.460.490.490.450.420.470.24
0.880.850.860.840.880.80.850.840.860.890.810.870.710.810.830.940.560.860.880.890.830.880.860.890.34
0.970.970.940.880.910.820.970.980.870.940.860.970.70.950.850.790.430.860.950.920.850.980.940.950.31
0.990.960.930.960.980.850.960.950.920.990.880.980.760.860.880.840.460.880.950.970.940.980.990.990.45
0.950.90.920.90.960.850.90.890.940.980.850.930.790.880.860.810.490.890.920.970.910.940.940.970.3
0.930.890.880.930.950.890.890.880.860.930.870.920.860.750.880.830.490.830.850.940.910.920.910.940.53
1.00.990.950.960.970.860.990.980.910.980.931.00.750.880.920.830.450.880.980.980.940.920.980.990.48
0.980.970.920.970.960.810.970.960.910.980.890.980.680.830.880.810.420.860.940.990.940.910.980.980.5
0.990.960.950.970.990.890.970.950.951.00.930.990.790.860.940.840.470.890.950.990.970.940.990.980.46
0.480.510.370.650.490.430.530.490.350.430.580.490.360.020.550.50.240.340.310.450.30.530.480.50.46
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Hilton Food Account Relationship Matchups

Hilton Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.2B1.3B1.3B1.5B1.6B
Short Long Term Debt Total491.2M468.1M544.9M493.3M567.3M595.7M
Other Current Liab68.4M53.6M56.0M72.5M83.3M87.5M
Total Current Liabilities382.4M626.4M473.9M503.7M579.2M608.2M
Total Stockholder Equity215.4M301.4M294.4M310.3M356.9M374.7M
Property Plant And Equipment Net526.0M513.5M544.2M518.2M596.0M625.7M
Net Debt367.4M326.8M457.7M366.6M421.6M442.6M
Retained Earnings130.8M145.7M137.1M176.0M202.4M212.5M
Accounts Payable263.9M324.7M366.2M376.6M433.0M454.7M
Cash123.8M141.3M87.2M126.7M145.7M153.0M
Non Current Assets Total614.9M634.0M724.7M701.4M806.6M847.0M
Long Term Debt206.2M0.0270.5M237.8M273.5M287.1M
Cash And Short Term Investments123.8M141.3M87.2M130.3M149.9M157.4M
Net Receivables170.9M201.2M217.9M222.4M255.7M134.8M
Common Stock Shares Outstanding82.9M83.6M89.9M90.4M104.0M83.8M
Liabilities And Stockholders Equity1.1B1.2B1.3B1.3B1.5B1.6B
Non Current Liabilities Total450.9M233.1M516.6M464.1M533.7M560.4M
Inventory116.9M156.5M206.7M179.7M206.7M217.0M
Other Current Assets28.8M35.5M59.3M55.4M63.7M66.9M
Other Stockholder Equity65.6M142.0M144.9M125.4M144.2M151.4M
Total Liab833.4M859.5M990.5M967.8M1.1B1.2B
Property Plant And Equipment Gross526.0M813.6M900.6M884.7M1.0B1.1B
Total Current Assets440.4M533.4M571.1M587.8M676.0M709.8M
Accumulated Other Comprehensive Income10.7M4.9M3.4M11.2M12.9M13.6M
Short Term Debt46.0M239.2M44.3M43.9M50.5M32.7M
Intangible Assets70.1M105.8M160.5M72.3M83.1M87.3M
Common Stock8.2M8.9M8.9M9.0M10.3M8.0M
Current Deferred Revenue2.4M4.1M(62.5M)(303K)(272.7K)(286.3K)
Short Long Term Debt39.8M224.7M28.3M28.6M32.9M42.5M
Non Currrent Assets Other(47.6M)(69.5M)(82.5M)1.00.90.95
Capital Lease Obligations245.2M243.4M246.2M226.9M260.9M158.5M
Short Term Investments7.8M(662K)1.1M3.6M3.3M3.2M
Net Invested Capital461.4M526.1M593.2M576.7M663.3M477.6M

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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.