Hilton Income Before Tax vs Net Income 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 Income Before Tax and its Net Income 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.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Food Group Income Before Tax account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hilton Food's Income Before Tax and Net Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income 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 Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Hilton Food Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Hilton Food's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hilton Food income statement and is an important metric when analyzing Hilton Food Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hilton Food Group financial statement analysis. It represents the amount of money remaining after all of Hilton Food Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Profit	295.1M	430.4M	494.9M	519.7M
Total Revenue	3.8B	4.0B	4.6B	4.8B

Gross Profit Total Revenue

Hilton Food fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.99	0.96	0.97	0.98	0.88	0.99	0.97	0.93	0.99	0.94	1.0	0.77	0.87	0.93	0.84	0.46	0.88	0.97	0.99	0.95	0.93	1.0	0.98	0.99	0.48
Short Long Term Debt Total	0.99		0.94	0.95	0.94	0.84	1.0	1.0	0.87	0.95	0.91	0.99	0.72	0.86	0.9	0.83	0.45	0.85	0.97	0.96	0.9	0.89	0.99	0.97	0.96	0.51
Other Current Liab	0.96	0.94		0.91	0.93	0.87	0.94	0.92	0.91	0.95	0.91	0.96	0.79	0.87	0.94	0.78	0.6	0.86	0.94	0.93	0.92	0.88	0.95	0.92	0.95	0.37
Total Current Liabilities	0.97	0.95	0.91		0.97	0.86	0.96	0.93	0.9	0.96	0.95	0.97	0.76	0.73	0.94	0.83	0.46	0.84	0.88	0.96	0.9	0.93	0.96	0.97	0.97	0.65
Total Stockholder Equity	0.98	0.94	0.93	0.97		0.91	0.94	0.91	0.97	0.98	0.94	0.97	0.83	0.81	0.95	0.83	0.46	0.88	0.91	0.98	0.96	0.95	0.97	0.96	0.99	0.49
Other Liab	0.88	0.84	0.87	0.86	0.91		0.85	0.81	0.88	0.88	0.9	0.87	0.86	0.74	0.92	0.79	0.54	0.8	0.82	0.85	0.85	0.89	0.86	0.81	0.89	0.43
Property Plant And Equipment Net	0.99	1.0	0.94	0.96	0.94	0.85		0.99	0.88	0.96	0.93	1.0	0.72	0.85	0.92	0.83	0.46	0.85	0.97	0.96	0.9	0.89	0.99	0.97	0.97	0.53
Net Debt	0.97	1.0	0.92	0.93	0.91	0.81	0.99		0.83	0.94	0.87	0.99	0.68	0.87	0.86	0.82	0.42	0.84	0.98	0.95	0.89	0.88	0.98	0.96	0.95	0.49
Retained Earnings	0.93	0.87	0.91	0.9	0.97	0.88	0.88	0.83		0.95	0.93	0.91	0.78	0.8	0.93	0.74	0.4	0.86	0.87	0.92	0.94	0.86	0.91	0.91	0.95	0.35
Accounts Payable	0.99	0.95	0.95	0.96	0.98	0.88	0.96	0.94	0.95		0.92	0.98	0.78	0.87	0.92	0.83	0.47	0.89	0.94	0.99	0.98	0.93	0.98	0.98	1.0	0.43
Cash	0.94	0.91	0.91	0.95	0.94	0.9	0.93	0.87	0.93	0.92		0.93	0.79	0.73	0.98	0.77	0.41	0.81	0.86	0.88	0.85	0.87	0.93	0.89	0.93	0.58
Non Current Assets Total	1.0	0.99	0.96	0.97	0.97	0.87	1.0	0.99	0.91	0.98	0.93		0.76	0.87	0.92	0.84	0.47	0.87	0.97	0.98	0.93	0.92	1.0	0.98	0.99	0.49
Other Assets	0.77	0.72	0.79	0.76	0.83	0.86	0.72	0.68	0.78	0.78	0.79	0.76		0.65	0.83	0.71	0.51	0.71	0.7	0.76	0.79	0.86	0.75	0.68	0.79	0.36
Long Term Debt	0.87	0.86	0.87	0.73	0.81	0.74	0.85	0.87	0.8	0.87	0.73	0.87	0.65		0.73	0.71	0.39	0.81	0.95	0.86	0.88	0.75	0.88	0.83	0.86	0.02
Cash And Short Term Investments	0.93	0.9	0.94	0.94	0.95	0.92	0.92	0.86	0.93	0.92	0.98	0.92	0.83	0.73		0.78	0.55	0.83	0.85	0.88	0.86	0.88	0.92	0.88	0.94	0.55
Net Receivables	0.84	0.83	0.78	0.83	0.83	0.79	0.83	0.82	0.74	0.83	0.77	0.84	0.71	0.71	0.78		0.55	0.94	0.79	0.84	0.81	0.83	0.83	0.81	0.84	0.5
Common Stock Total Equity	0.46	0.45	0.6	0.46	0.46	0.54	0.46	0.42	0.4	0.47	0.41	0.47	0.51	0.39	0.55	0.55		0.56	0.43	0.46	0.49	0.49	0.45	0.42	0.47	0.24
Common Stock Shares Outstanding	0.88	0.85	0.86	0.84	0.88	0.8	0.85	0.84	0.86	0.89	0.81	0.87	0.71	0.81	0.83	0.94	0.56		0.86	0.88	0.89	0.83	0.88	0.86	0.89	0.34
Non Current Liabilities Total	0.97	0.97	0.94	0.88	0.91	0.82	0.97	0.98	0.87	0.94	0.86	0.97	0.7	0.95	0.85	0.79	0.43	0.86		0.95	0.92	0.85	0.98	0.94	0.95	0.31
Inventory	0.99	0.96	0.93	0.96	0.98	0.85	0.96	0.95	0.92	0.99	0.88	0.98	0.76	0.86	0.88	0.84	0.46	0.88	0.95		0.97	0.94	0.98	0.99	0.99	0.45
Other Current Assets	0.95	0.9	0.92	0.9	0.96	0.85	0.9	0.89	0.94	0.98	0.85	0.93	0.79	0.88	0.86	0.81	0.49	0.89	0.92	0.97		0.91	0.94	0.94	0.97	0.3
Other Stockholder Equity	0.93	0.89	0.88	0.93	0.95	0.89	0.89	0.88	0.86	0.93	0.87	0.92	0.86	0.75	0.88	0.83	0.49	0.83	0.85	0.94	0.91		0.92	0.91	0.94	0.53
Total Liab	1.0	0.99	0.95	0.96	0.97	0.86	0.99	0.98	0.91	0.98	0.93	1.0	0.75	0.88	0.92	0.83	0.45	0.88	0.98	0.98	0.94	0.92		0.98	0.99	0.48
Property Plant And Equipment Gross	0.98	0.97	0.92	0.97	0.96	0.81	0.97	0.96	0.91	0.98	0.89	0.98	0.68	0.83	0.88	0.81	0.42	0.86	0.94	0.99	0.94	0.91	0.98		0.98	0.5
Total Current Assets	0.99	0.96	0.95	0.97	0.99	0.89	0.97	0.95	0.95	1.0	0.93	0.99	0.79	0.86	0.94	0.84	0.47	0.89	0.95	0.99	0.97	0.94	0.99	0.98		0.46
Short Term Debt	0.48	0.51	0.37	0.65	0.49	0.43	0.53	0.49	0.35	0.43	0.58	0.49	0.36	0.02	0.55	0.5	0.24	0.34	0.31	0.45	0.3	0.53	0.48	0.5	0.46

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Hilton Food Account Relationship Matchups

High Positive Relationship

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Accounts Payable

High Negative Relationship

Not Found

Hilton Food fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.2B	1.3B	1.3B	1.5B	1.6B
Short Long Term Debt Total	491.2M	468.1M	544.9M	493.3M	567.3M	595.7M
Other Current Liab	68.4M	53.6M	56.0M	72.5M	83.3M	87.5M
Total Current Liabilities	382.4M	626.4M	473.9M	503.7M	579.2M	608.2M
Total Stockholder Equity	215.4M	301.4M	294.4M	310.3M	356.9M	374.7M
Property Plant And Equipment Net	526.0M	513.5M	544.2M	518.2M	596.0M	625.7M
Net Debt	367.4M	326.8M	457.7M	366.6M	421.6M	442.6M
Retained Earnings	130.8M	145.7M	137.1M	176.0M	202.4M	212.5M
Accounts Payable	263.9M	324.7M	366.2M	376.6M	433.0M	454.7M
Cash	123.8M	141.3M	87.2M	126.7M	145.7M	153.0M
Non Current Assets Total	614.9M	634.0M	724.7M	701.4M	806.6M	847.0M
Long Term Debt	206.2M	0.0	270.5M	237.8M	273.5M	287.1M
Cash And Short Term Investments	123.8M	141.3M	87.2M	130.3M	149.9M	157.4M
Net Receivables	170.9M	201.2M	217.9M	222.4M	255.7M	134.8M
Common Stock Shares Outstanding	82.9M	83.6M	89.9M	90.4M	104.0M	83.8M
Liabilities And Stockholders Equity	1.1B	1.2B	1.3B	1.3B	1.5B	1.6B
Non Current Liabilities Total	450.9M	233.1M	516.6M	464.1M	533.7M	560.4M
Inventory	116.9M	156.5M	206.7M	179.7M	206.7M	217.0M
Other Current Assets	28.8M	35.5M	59.3M	55.4M	63.7M	66.9M
Other Stockholder Equity	65.6M	142.0M	144.9M	125.4M	144.2M	151.4M
Total Liab	833.4M	859.5M	990.5M	967.8M	1.1B	1.2B
Property Plant And Equipment Gross	526.0M	813.6M	900.6M	884.7M	1.0B	1.1B
Total Current Assets	440.4M	533.4M	571.1M	587.8M	676.0M	709.8M
Accumulated Other Comprehensive Income	10.7M	4.9M	3.4M	11.2M	12.9M	13.6M
Short Term Debt	46.0M	239.2M	44.3M	43.9M	50.5M	32.7M
Intangible Assets	70.1M	105.8M	160.5M	72.3M	83.1M	87.3M
Common Stock	8.2M	8.9M	8.9M	9.0M	10.3M	8.0M
Current Deferred Revenue	2.4M	4.1M	(62.5M)	(303K)	(272.7K)	(286.3K)
Short Long Term Debt	39.8M	224.7M	28.3M	28.6M	32.9M	42.5M
Non Currrent Assets Other	(47.6M)	(69.5M)	(82.5M)	1.0	0.9	0.95
Capital Lease Obligations	245.2M	243.4M	246.2M	226.9M	260.9M	158.5M
Short Term Investments	7.8M	(662K)	1.1M	3.6M	3.3M	3.2M
Net Invested Capital	461.4M	526.1M	593.2M	576.7M	663.3M	477.6M

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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.

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