Hagerty Ebit Per Revenue vs Total Revenue Analysis
HGTY Stock | USD 11.78 0.03 0.26% |
Hagerty financial indicator trend analysis is much more than just examining Hagerty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hagerty is a good investment. Please check the relationship between Hagerty Ebit Per Revenue and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.
Ebit Per Revenue vs Total Revenue
Ebit Per Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hagerty Ebit Per Revenue account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hagerty's Ebit Per Revenue and Total Revenue is -0.19. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hagerty, assuming nothing else is changed. The correlation between historical values of Hagerty's Ebit Per Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Hagerty are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., Hagerty's Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts Hagerty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Hagerty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hagerty 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 Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.At this time, Hagerty's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.41 in 2024, whereas Tax Provision is likely to drop slightly above 7.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 22.1M | 33.9M | 45.8M | 23.9M | Tax Provision | 6.8M | 7.0M | 14.9M | 7.5M |
Hagerty fundamental ratios Correlations
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Hagerty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Hagerty's price analysis, check to measure Hagerty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.