Hillenbrand Non Operating Income Net Other vs Interest Expense Analysis
HI Stock | USD 33.78 0.81 2.46% |
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 Non Operating Income Net Other and its Interest Expense 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.
Non Operating Income Net Other vs Interest Expense
Non Operating Income Net Other vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Non Operating Income Net Other account and Interest Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hillenbrand's Non Operating Income Net Other and Interest Expense is 0.29. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Non Operating Income Net Other and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Hillenbrand are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Non Operating Income Net Other i.e., Hillenbrand's Non Operating Income Net Other and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Operating Income Net Other
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 Profit | 954.6M | 948.2M | 1.1B | 628.5M | Total Revenue | 2.9B | 2.8B | 3.2B | 1.8B |
Hillenbrand fundamental ratios Correlations
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Hillenbrand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillenbrand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.0B | 3.9B | 5.5B | 5.2B | 2.8B | |
Other Current Liab | 355.1M | 253.7M | 367.3M | 358.5M | 744.3M | 781.5M | |
Total Current Liabilities | 852.1M | 1.0B | 1.1B | 1.3B | 1.2B | 1.2B | |
Total Stockholder Equity | 1.1B | 1.2B | 1.1B | 1.6B | 1.5B | 877.4M | |
Non Current Assets Total | 2.6B | 2.6B | 2.5B | 3.9B | 3.7B | 3.9B | |
Non Currrent Assets Other | 50.6M | 64.7M | (125.2M) | 102.9M | 121.9M | 115.8M | |
Common Stock Shares Outstanding | 73.4M | 75.4M | 72.2M | 70.1M | 70.4M | 71.2M | |
Liabilities And Stockholders Equity | 4.0B | 4.0B | 3.9B | 5.5B | 5.2B | 2.8B | |
Non Current Liabilities Total | 2.1B | 1.7B | 1.7B | 2.6B | 2.6B | 2.7B | |
Other Current Assets | 264.5M | 75.2M | 218.9M | 113.2M | 435.3M | 457.1M | |
Other Stockholder Equity | 680.4M | 589.7M | 426.5M | 457.8M | 508.8M | 359.1M | |
Total Liab | 2.9B | 2.8B | 2.8B | 3.9B | 3.8B | 2.0B | |
Total Current Assets | 1.4B | 1.4B | 1.4B | 1.6B | 1.5B | 846.4M | |
Other Assets | 50.6M | 100K | 90M | 102.9M | 92.6M | 56.6M | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.3B | 2.1B | 161.7M | 153.6M | |
Other Liab | 418.7M | 429.1M | 367M | 515.3M | 592.6M | 622.2M | |
Property Plant And Equipment Net | 468.6M | 433.2M | 404.5M | 432M | 485.3M | 509.6M | |
Current Deferred Revenue | 189.1M | 296.6M | 290.3M | 388.5M | 446.8M | 469.1M | |
Net Debt | 1.4B | 872.4M | 1.1B | 1.9B | (37.6M) | (35.7M) | |
Retained Earnings | 481.4M | 666.2M | 812M | 1.3B | 1.0B | 588.3M | |
Accounts Payable | 271.6M | 361.3M | 371M | 451.5M | 444.8M | 467.0M | |
Cash | 302.2M | 446.1M | 234.1M | 242.9M | 199.3M | 146.1M | |
Cash And Short Term Investments | 302.2M | 446.1M | 234.1M | 242.9M | 199.3M | 147.9M | |
Net Receivables | 417.6M | 445.4M | 466.2M | 658.9M | 350.1M | 344.1M | |
Good Will | 1.1B | 1.2B | 1.2B | 2.0B | 1.8B | 1.9B | |
Inventory | 385.4M | 411.6M | 533.8M | 592.6M | 525.2M | 551.5M | |
Property Plant And Equipment Gross | 468.6M | 295.1M | 281M | 658.7M | 750.9M | 788.4M | |
Accumulated Other Comprehensive Income | (102.8M) | (46.3M) | (155.6M) | (147.1M) | (96.6M) | (101.4M) | |
Short Term Debt | 36.3M | 123.5M | 15.7M | 19.7M | 22.7M | 44.0M | |
Intangible Assets | 960.7M | 913.8M | 810.7M | 1.4B | 1.3B | 1.4B | |
Property Plant Equipment | 314.2M | 295.1M | 404.5M | 432M | 496.8M | 521.6M | |
Treasury Stock | (50.1M) | (43.2M) | (135.7M) | (297.3M) | (267.6M) | (254.2M) | |
Net Tangible Assets | 98.3M | 295.7M | (887.2M) | (1.8B) | (1.6B) | (1.5B) | |
Noncontrolling Interest In Consolidated Entity | 15.7M | 20.4M | 22.6M | 25.1M | 28.9M | 30.3M | |
Long Term Debt | 1.5B | 1.2B | 1.2B | 2.0B | 1.9B | 2.0B | |
Retained Earnings Total Equity | 599.5M | 481.4M | 666.2M | 812M | 933.8M | 980.5M | |
Long Term Debt Total | 619.5M | 1.5B | 1.2B | 1.2B | 1.4B | 743.1M | |
Capital Surpluse | 345.3M | 723.6M | 725.4M | 723.8M | 832.4M | 467.6M |
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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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.