Hilton Other Current Liab vs Total Liab Analysis

HFG Stock   894.00  8.00  0.89%   
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 Other Current Liab and its Total Liab 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.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Food Group Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hilton Food's Other Current Liab and Total Liab is 0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab 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 Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Hilton Food Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., Hilton Food's Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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.
 2021 2022 2023 2024 (projected)
Gross Profit295.1M295.1M352.9M186.3M
Total Revenue3.3B3.8B4.0B4.2B

Hilton Food fundamental ratios Correlations

0.980.920.850.970.880.990.970.770.980.791.00.770.820.80.860.450.940.960.980.030.81.00.980.990.53
0.980.90.850.920.831.00.990.720.950.790.990.70.820.790.870.440.910.970.950.060.80.990.960.960.55
0.920.90.730.890.870.90.870.70.920.720.920.80.820.790.760.670.90.90.890.10.750.910.860.920.37
0.850.850.730.840.750.860.830.860.820.920.850.660.510.910.940.470.860.730.830.040.720.840.830.840.79
0.970.920.890.840.920.930.90.820.970.80.960.840.750.820.820.460.930.880.97-0.030.760.960.950.990.55
0.880.830.870.750.920.840.790.80.880.80.870.860.720.840.770.530.880.810.85-0.10.620.860.810.90.43
0.991.00.90.860.930.840.990.740.950.810.990.710.810.810.870.450.910.960.950.040.790.990.960.960.57
0.970.990.870.830.90.790.990.690.940.740.980.660.840.740.860.410.890.970.950.10.80.980.960.940.52
0.770.720.70.860.820.80.740.690.740.910.750.710.560.90.840.420.870.670.75-0.170.480.740.710.780.49
0.980.950.920.820.970.880.950.940.740.720.970.780.830.750.850.490.940.930.990.110.830.980.970.990.49
0.790.790.720.920.80.80.810.740.910.720.790.70.490.980.860.410.80.690.71-0.170.540.780.710.780.7
1.00.990.920.850.960.870.990.980.750.970.790.750.830.80.870.460.930.970.970.040.81.00.980.980.54
0.770.70.80.660.840.860.710.660.710.780.70.750.630.760.670.50.780.690.76-0.030.610.740.680.80.35
0.820.820.820.510.750.720.810.840.560.830.490.830.630.520.690.370.830.930.820.080.610.840.770.810.0
0.80.790.790.910.820.840.810.740.90.750.980.80.760.520.860.590.840.690.73-0.110.590.790.720.80.67
0.860.870.760.940.820.770.870.860.840.850.860.870.670.690.860.510.910.820.840.070.70.870.820.850.59
0.450.440.670.470.460.530.450.410.420.490.410.460.50.370.590.510.580.420.450.210.50.450.420.470.23
0.940.910.90.860.930.880.910.890.870.940.80.930.780.830.840.910.580.90.940.030.730.930.890.950.42
0.960.970.90.730.880.810.960.970.670.930.690.970.690.930.690.820.420.90.930.090.750.970.930.930.33
0.980.950.890.830.970.850.950.950.750.990.710.970.760.820.730.840.450.940.930.110.830.970.980.990.49
0.030.060.10.04-0.03-0.10.040.1-0.170.11-0.170.04-0.030.08-0.110.070.210.030.090.110.570.050.10.03-0.03
0.80.80.750.720.760.620.790.80.480.830.540.80.610.610.590.70.50.730.750.830.570.80.830.790.53
1.00.990.910.840.960.860.990.980.740.980.781.00.740.840.790.870.450.930.970.970.050.80.980.980.53
0.980.960.860.830.950.810.960.960.710.970.710.980.680.770.720.820.420.890.930.980.10.830.980.970.56
0.990.960.920.840.990.90.960.940.780.990.780.980.80.810.80.850.470.950.930.990.030.790.980.970.52
0.530.550.370.790.550.430.570.520.490.490.70.540.350.00.670.590.230.420.330.49-0.030.530.530.560.52
Click cells to compare fundamentals

Hilton Food Account Relationship Matchups

Hilton Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets905.5M1.1B1.2B1.3B1.3B1.4B
Short Long Term Debt Total382.0M491.2M468.1M544.9M493.3M518.0M
Other Current Liab49.3M68.4M53.6M56.0M72.5M76.1M
Total Current Liabilities398.0M382.4M626.4M473.9M503.7M256.8M
Total Stockholder Equity186.2M215.4M301.4M294.4M310.3M325.8M
Property Plant And Equipment Net404.9M526.0M513.5M544.2M518.2M544.1M
Net Debt271.5M367.4M326.8M457.7M366.6M384.9M
Retained Earnings109.4M130.8M145.7M137.1M176.0M88.5M
Accounts Payable272.4M263.9M324.7M366.2M376.6M395.4M
Cash110.5M123.8M141.3M87.2M126.7M64.1M
Non Current Assets Total489.1M614.9M634.0M724.7M701.4M736.5M
Long Term Debt175.4M206.2M0.0270.5M237.8M249.7M
Cash And Short Term Investments110.5M123.8M141.3M87.2M130.3M68.5M
Net Receivables205.0M170.9M201.2M217.9M222.4M132.4M
Common Stock Total Equity8.1M8.2M8.2M8.2M9.4M7.6M
Common Stock Shares Outstanding82.5M82.9M83.6M89.9M90.4M83.8M
Liabilities And Stockholders Equity905.5M1.1B1.2B1.3B1.3B1.4B
Non Current Liabilities Total315.6M450.9M233.1M516.6M464.1M487.3M
Inventory91.3M116.9M156.5M206.7M179.7M188.7M
Other Current Assets9.6M28.8M35.5M59.3M55.4M32.5M
Other Stockholder Equity64.3M65.6M142.0M144.9M125.4M131.7M
Total Liab713.6M833.4M859.5M990.5M967.8M1.0B
Property Plant And Equipment Gross404.9M526.0M813.6M900.6M884.7M928.9M
Total Current Assets416.5M440.4M533.4M571.1M587.8M617.2M
Accumulated Other Comprehensive Income4.4M10.7M4.9M3.4M11.2M11.8M
Short Term Debt73.8M46.0M239.2M44.3M43.9M32.7M
Intangible Assets69.5M70.1M105.8M160.5M72.3M75.9M
Common Stock8.2M8.2M8.9M8.9M9.0M8.0M
Current Deferred Revenue2.4M4.1M(62.5M)(303K)(272.7K)(286.3K)
Short Long Term Debt22.0M39.8M224.7M28.3M28.6M42.5M
Non Currrent Assets Other(47.6M)(47.6M)(69.5M)(82.5M)1.01.05
Capital Lease Obligations184.6M245.2M243.4M246.2M226.9M158.5M
Short Term Investments7.8M(662K)1.1M3.6M3.3M3.2M
Net Invested Capital383.6M461.4M526.1M593.2M576.7M477.6M

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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.