Hilton Property Plant Equipment vs Non Current Assets Total Analysis

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 Property Plant Equipment and its Non Current Assets Total 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.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Food Group Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Hilton Food's Property Plant Equipment and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total 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 Property Plant Equipment and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Hilton Food Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., Hilton Food's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Profit295.1M295.1M430.4M451.9M
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.