Henderson Ebit vs Depreciation And Amortization Analysis

HHI Stock   165.50  1.00  0.61%   
Henderson High financial indicator trend analysis is much more than just examining Henderson High Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henderson High Income is a good investment. Please check the relationship between Henderson High Ebit and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Henderson High Income. 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.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henderson High Income Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Henderson High's Ebit and Depreciation And Amortization is -0.81. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Henderson High Income, assuming nothing else is changed. The correlation between historical values of Henderson High's Ebit and Depreciation And Amortization 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 of Henderson High Income are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., Henderson High's Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

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.
Most indicators from Henderson High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henderson High Income 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 Henderson High Income. 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 2 M, whereas Tax Provision is forecasted to decline to about 119.5 K.

Henderson High fundamental ratios Correlations

1.0-0.610.390.58-0.310.270.930.450.870.89-0.420.520.320.951.0-0.95-0.50.180.880.720.660.320.240.770.07
1.0-0.620.410.59-0.340.260.90.470.880.89-0.430.520.340.950.99-0.94-0.530.170.880.710.660.340.240.760.08
-0.61-0.620.1-0.360.35-0.17-0.51-0.57-0.74-0.760.04-0.12-0.46-0.58-0.630.630.63-0.25-0.74-0.38-0.66-0.46-0.36-0.46-0.36
0.390.410.10.4-0.20.350.280.020.290.36-0.60.47-0.150.450.38-0.31-0.260.10.280.5-0.16-0.150.160.350.07
0.580.59-0.360.4-0.450.170.50.580.660.67-0.520.90.410.640.61-0.61-0.780.310.660.470.140.410.310.38-0.05
-0.31-0.340.35-0.2-0.450.24-0.11-0.48-0.52-0.550.18-0.22-0.32-0.39-0.350.350.710.55-0.51-0.25-0.06-0.320.43-0.13-0.33
0.270.26-0.170.350.170.240.31-0.010.190.24-0.210.22-0.050.210.25-0.23-0.060.430.190.30.26-0.050.490.210.04
0.930.9-0.510.280.5-0.110.310.280.740.79-0.360.490.220.860.92-0.9-0.310.220.760.70.60.220.270.75-0.03
0.450.47-0.570.020.58-0.48-0.010.280.780.660.190.270.940.470.48-0.49-0.790.20.77-0.060.430.940.340.390.17
0.870.88-0.740.290.66-0.520.190.740.780.97-0.240.480.640.880.88-0.84-0.740.151.00.510.650.640.290.710.26
0.890.89-0.760.360.67-0.550.240.790.660.97-0.320.490.510.90.9-0.87-0.740.120.980.620.590.510.260.710.27
-0.42-0.430.04-0.6-0.520.18-0.21-0.360.19-0.24-0.32-0.740.46-0.53-0.390.260.21-0.14-0.23-0.840.080.460.01-0.140.13
0.520.52-0.120.470.9-0.220.220.490.270.480.49-0.740.090.570.51-0.45-0.460.30.470.590.030.090.250.29-0.18
0.320.34-0.46-0.150.41-0.32-0.050.220.940.640.510.460.090.310.36-0.42-0.610.160.63-0.310.411.00.330.40.18
0.950.95-0.580.450.64-0.390.210.860.470.880.9-0.530.570.310.94-0.89-0.570.160.880.730.530.310.160.80.13
1.00.99-0.630.380.61-0.350.250.920.480.880.9-0.390.510.360.94-0.97-0.560.180.890.690.650.360.240.770.07
-0.95-0.940.63-0.31-0.610.35-0.23-0.9-0.49-0.84-0.870.26-0.45-0.42-0.89-0.970.58-0.17-0.85-0.58-0.62-0.42-0.24-0.79-0.09
-0.5-0.530.63-0.26-0.780.71-0.06-0.31-0.79-0.74-0.740.21-0.46-0.61-0.57-0.560.58-0.19-0.73-0.3-0.27-0.61-0.26-0.3-0.15
0.180.17-0.250.10.310.550.430.220.20.150.12-0.140.30.160.160.18-0.17-0.190.150.130.210.160.90.13-0.31
0.880.88-0.740.280.66-0.510.190.760.771.00.98-0.230.470.630.880.89-0.85-0.730.150.510.660.630.290.720.26
0.720.71-0.380.50.47-0.250.30.7-0.060.510.62-0.840.59-0.310.730.69-0.58-0.30.130.510.3-0.310.090.33-0.07
0.660.66-0.66-0.160.14-0.060.260.60.430.650.590.080.030.410.530.65-0.62-0.270.210.660.30.410.280.530.33
0.320.34-0.46-0.150.41-0.32-0.050.220.940.640.510.460.091.00.310.36-0.42-0.610.160.63-0.310.410.330.40.18
0.240.24-0.360.160.310.430.490.270.340.290.260.010.250.330.160.24-0.24-0.260.90.290.090.280.330.19-0.2
0.770.76-0.460.350.38-0.130.210.750.390.710.71-0.140.290.40.80.77-0.79-0.30.130.720.330.530.40.190.39
0.070.08-0.360.07-0.05-0.330.04-0.030.170.260.270.13-0.180.180.130.07-0.09-0.15-0.310.26-0.070.330.18-0.20.39
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Henderson High Account Relationship Matchups

Henderson High fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets309.8M262.3M295.0M264.9M274.1M216.8M
Total Stockholder Equity251.1M211.4M236.2M214.3M222.3M169.9M
Retained Earnings91.6M51.9M76.7M52.7M8.9M8.5M
Accounts Payable38.9M31.1M38.9M30.7M35.3M34.9M
Cash2.7M595K3.9M(2.9M)2.0M1.5M
Other Assets2.1M1.9M295.0M7.7M2.1M2.0M
Total Liab58.7M51.0M58.7M49.0M51.7M46.9M
Other Current Liab(77.8M)(62.3M)(77.8M)(61.4M)1.2M1.3M
Total Current Liabilities38.9M31.1M38.9M30.7M31.9M27.5M
Net Debt55.1M49.1M53.5M51.9M48.5M28.8M
Non Current Assets Total305.1M259.8M289.1M260.1M270.0M231.1M
Non Currrent Assets Other(305.1M)(259.8M)(289.1M)(260.1M)(270.0M)(283.5M)
Long Term Debt19.8M19.8M19.8M19.8M17.9M18.1M
Cash And Short Term Investments2.7M595K3.9M(2.9M)2.0M1.3M
Liabilities And Stockholders Equity309.8M262.3M295.0M264.9M274.1M228.7M
Non Current Liabilities Total57.8M49.7M57.4M49.0M19.9M18.9M
Other Stockholder Equity126.8M83.9M153.1M128.8M180.6M93.7M
Total Current Assets4.8M2.5M5.9M(2.9M)4.1M2.2M
Net Receivables2.1M1.9M1.9M1.9M2.1M1.8M
Other Current Assets2.1M1.9M1.9M3.3M2.1M2.1M
Short Long Term Debt Total57.8M49.7M57.4M49.0M50.5M53.5M
Inventory(2.1M)(1.9M)(1.9M)(3.9M)(4.2M)(4.0M)
Short Term Debt38.0M29.9M37.6M29.1M30.6M27.0M
Current Deferred Revenue950K1.3M1.3M1.6M1.4M1.2M
Net Tangible Assets210.8M251.1M211.4M236.2M271.7M242.1M
Long Term Investments305.1M259.8M289.1M260.1M270.0M295.9M
Net Invested Capital308.9M261.1M293.7M263.3M272.8M226.7M

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Other Information on Investing in Henderson Stock

Balance Sheet is a snapshot of the financial position of Henderson High Income at a specified time, usually calculated after every quarter, six months, or one year. Henderson High Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Henderson High 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 Henderson currently owns. An asset can also be divided into two categories, current and non-current.