Hillenbrand Inventory Turnover vs Net Income Per Share Analysis

HI Stock  USD 34.54  0.76  2.25%   
Hillenbrand financial indicator trend analysis is much more than just examining Hillenbrand latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillenbrand is a good investment. Please check the relationship between Hillenbrand Inventory Turnover and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.

Inventory Turnover vs Net Income Per Share

Inventory Turnover vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Inventory Turnover account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hillenbrand's Inventory Turnover and Net Income Per Share is -0.23. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Inventory Turnover and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Hillenbrand are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Inventory Turnover i.e., Hillenbrand's Inventory Turnover and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Net Income Per Share

Most indicators from Hillenbrand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillenbrand 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 Hillenbrand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.As of now, Hillenbrand's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit954.6M948.2M1.1B628.5M
Total Revenue2.9B2.8B3.2B1.8B

Hillenbrand fundamental ratios Correlations

0.580.710.920.880.330.660.860.620.730.990.860.530.510.540.770.710.440.830.680.530.530.780.620.750.69
0.580.770.580.790.00.60.710.650.270.580.510.19-0.080.830.820.87-0.130.370.780.190.190.220.790.780.91
0.710.770.850.72-0.290.860.570.280.20.640.85-0.070.470.930.920.950.360.360.990.60.60.550.950.980.85
0.920.580.850.77-0.030.750.660.350.470.860.930.20.590.720.810.820.50.650.820.610.610.710.80.850.75
0.880.790.720.770.420.60.970.810.670.90.660.590.250.620.810.80.20.80.710.340.340.650.670.760.83
0.330.0-0.29-0.030.42-0.250.580.730.70.43-0.130.93-0.2-0.43-0.1-0.14-0.170.69-0.29-0.15-0.150.3-0.39-0.23-0.09
0.660.60.860.750.6-0.250.510.270.430.610.84-0.120.570.790.930.770.460.230.810.70.70.440.760.870.67
0.860.710.570.660.970.580.510.890.780.90.580.720.20.460.720.670.150.830.560.310.310.630.50.620.72
0.620.650.280.350.810.730.270.890.740.70.270.81-0.170.210.50.46-0.20.720.290.070.070.310.220.360.53
0.730.270.20.470.670.70.430.780.740.790.470.70.310.060.480.230.270.690.150.360.360.510.070.260.29
0.990.580.640.860.90.430.610.90.70.790.810.610.460.480.740.660.40.860.620.480.480.770.550.690.66
0.860.510.850.930.66-0.130.840.580.270.470.810.080.680.710.830.750.560.510.820.790.790.710.740.850.65
0.530.19-0.070.20.590.93-0.120.720.810.70.610.08-0.07-0.240.080.07-0.040.84-0.07-0.13-0.130.45-0.150.020.13
0.51-0.080.470.590.25-0.20.570.2-0.170.310.460.68-0.070.290.440.240.970.220.390.580.580.720.380.490.2
0.540.830.930.720.62-0.430.790.460.210.060.480.71-0.240.290.870.910.20.150.920.460.460.30.970.90.9
0.770.820.920.810.81-0.10.930.720.50.480.740.830.080.440.870.90.350.390.880.570.570.470.870.940.88
0.710.870.950.820.8-0.140.770.670.460.230.660.750.070.240.910.90.130.460.960.510.510.450.930.940.92
0.44-0.130.360.50.2-0.170.460.15-0.20.270.40.56-0.040.970.20.350.130.190.280.370.370.680.310.410.14
0.830.370.360.650.80.690.230.830.720.690.860.510.840.220.150.390.460.190.350.250.250.740.260.410.42
0.680.780.990.820.71-0.290.810.560.290.150.620.82-0.070.390.920.880.960.280.350.590.590.520.940.960.85
0.530.190.60.610.34-0.150.70.310.070.360.480.79-0.130.580.460.570.510.370.250.591.00.50.440.540.32
0.530.190.60.610.34-0.150.70.310.070.360.480.79-0.130.580.460.570.510.370.250.591.00.50.440.540.32
0.780.220.550.710.650.30.440.630.310.510.770.710.450.720.30.470.450.680.740.520.50.50.420.550.37
0.620.790.950.80.67-0.390.760.50.220.070.550.74-0.150.380.970.870.930.310.260.940.440.440.420.940.92
0.750.780.980.850.76-0.230.870.620.360.260.690.850.020.490.90.940.940.410.410.960.540.540.550.940.87
0.690.910.850.750.83-0.090.670.720.530.290.660.650.130.20.90.880.920.140.420.850.320.320.370.920.87
Click cells to compare fundamentals

Hillenbrand Account Relationship Matchups

Hillenbrand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.0B3.9B5.5B5.2B2.8B
Other Current Liab355.1M253.7M367.3M358.5M744.3M781.5M
Total Current Liabilities852.1M1.0B1.1B1.3B1.2B1.2B
Total Stockholder Equity1.1B1.2B1.1B1.6B1.5B877.4M
Non Current Assets Total2.6B2.6B2.5B3.9B3.7B3.9B
Non Currrent Assets Other50.6M64.7M(125.2M)102.9M121.9M115.8M
Common Stock Shares Outstanding73.4M75.4M72.2M70.1M70.4M71.2M
Liabilities And Stockholders Equity4.0B4.0B3.9B5.5B5.2B2.8B
Non Current Liabilities Total2.1B1.7B1.7B2.6B2.6B2.7B
Other Current Assets264.5M75.2M218.9M113.2M435.3M457.1M
Other Stockholder Equity680.4M589.7M426.5M457.8M508.8M359.1M
Total Liab2.9B2.8B2.8B3.9B3.8B2.0B
Total Current Assets1.4B1.4B1.4B1.6B1.5B846.4M
Other Assets50.6M100K90M102.9M92.6M56.6M
Short Long Term Debt Total1.7B1.3B1.3B2.1B161.7M153.6M
Other Liab418.7M429.1M367M515.3M592.6M622.2M
Property Plant And Equipment Net468.6M433.2M404.5M432M485.3M509.6M
Current Deferred Revenue189.1M296.6M290.3M388.5M446.8M469.1M
Net Debt1.4B872.4M1.1B1.9B(37.6M)(35.7M)
Retained Earnings481.4M666.2M812M1.3B1.0B588.3M
Accounts Payable271.6M361.3M371M451.5M444.8M467.0M
Cash302.2M446.1M234.1M242.9M199.3M146.1M
Cash And Short Term Investments302.2M446.1M234.1M242.9M199.3M147.9M
Net Receivables417.6M445.4M466.2M658.9M350.1M344.1M
Good Will1.1B1.2B1.2B2.0B1.8B1.9B
Inventory385.4M411.6M533.8M592.6M525.2M551.5M
Property Plant And Equipment Gross468.6M295.1M281M658.7M750.9M788.4M
Accumulated Other Comprehensive Income(102.8M)(46.3M)(155.6M)(147.1M)(96.6M)(101.4M)
Short Term Debt36.3M123.5M15.7M19.7M22.7M44.0M
Intangible Assets960.7M913.8M810.7M1.4B1.3B1.4B
Property Plant Equipment314.2M295.1M404.5M432M496.8M521.6M
Treasury Stock(50.1M)(43.2M)(135.7M)(297.3M)(267.6M)(254.2M)
Net Tangible Assets98.3M295.7M(887.2M)(1.8B)(1.6B)(1.5B)
Noncontrolling Interest In Consolidated Entity15.7M20.4M22.6M25.1M28.9M30.3M
Long Term Debt1.5B1.2B1.2B2.0B1.9B2.0B
Retained Earnings Total Equity599.5M481.4M666.2M812M933.8M980.5M
Long Term Debt Total619.5M1.5B1.2B1.2B1.4B743.1M
Capital Surpluse345.3M723.6M725.4M723.8M832.4M467.6M

Currently Active Assets on Macroaxis

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hillenbrand. If investors know Hillenbrand will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hillenbrand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.89
Earnings Share
(3.03)
Revenue Per Share
45.21
Quarterly Revenue Growth
0.098
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.