Hingham Short Term Debt vs Cash And Short Term Investments Analysis

HIFS Stock  USD 283.26  0.72  0.25%   
Hingham Institution financial indicator trend analysis is much more than just examining Hingham Institution for latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hingham Institution for is a good investment. Please check the relationship between Hingham Institution Short Term Debt and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hingham Institution for. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hingham Institution for Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hingham Institution's Short Term Debt and Cash And Short Term Investments is -0.01. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hingham Institution for, assuming nothing else is changed. The correlation between historical values of Hingham Institution's Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Hingham Institution for are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Hingham Institution's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Hingham Institution for balance sheet. This account contains Hingham Institution investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hingham Institution for fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Hingham Institution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hingham Institution for 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 Hingham Institution for. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Hingham Institution's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 61.78 in 2024, whereas Tax Provision is likely to drop slightly above 8.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense8.0M32.9M126.0M132.3M
Depreciation And Amortization543K494K685K739.4K

Hingham Institution fundamental ratios Correlations

0.790.370.40.750.930.740.430.390.50.890.660.760.790.760.930.570.320.40.280.740.280.650.660.720.61
0.790.660.670.990.750.990.750.670.480.640.640.851.00.930.560.880.080.67-0.070.98-0.070.930.910.990.93
0.370.660.990.620.360.620.960.99-0.330.390.680.360.660.620.210.88-0.650.99-0.720.75-0.720.830.520.750.79
0.40.670.990.630.370.630.971.0-0.330.410.720.370.670.620.230.89-0.61.0-0.670.77-0.680.850.530.760.82
0.750.990.620.630.71.00.710.620.530.580.620.840.990.910.50.840.080.63-0.080.97-0.080.880.890.970.9
0.930.750.360.370.70.690.410.360.470.90.540.770.750.80.910.560.290.370.310.680.310.630.640.680.56
0.740.990.620.631.00.690.710.620.520.580.610.840.990.910.50.840.070.63-0.090.97-0.090.880.890.970.9
0.430.750.960.970.710.410.710.96-0.180.410.620.440.760.70.230.96-0.50.96-0.590.84-0.60.930.70.830.91
0.390.670.991.00.620.360.620.96-0.330.40.720.370.670.610.220.88-0.591.0-0.670.77-0.670.850.530.760.82
0.50.48-0.33-0.330.530.470.52-0.18-0.330.28-0.050.610.470.440.390.080.79-0.330.670.350.680.170.540.360.21
0.890.640.390.410.580.90.580.410.40.280.620.770.650.670.950.510.190.420.20.610.20.560.50.60.5
0.660.640.680.720.620.540.610.620.72-0.050.620.550.650.540.520.59-0.140.72-0.230.67-0.230.640.380.640.63
0.760.850.360.370.840.770.840.440.370.610.770.550.850.770.650.610.340.370.220.790.220.680.740.790.68
0.791.00.660.670.990.750.990.760.670.470.650.650.850.930.570.890.080.67-0.070.98-0.060.930.910.990.93
0.760.930.620.620.910.80.910.70.610.440.670.540.770.930.60.860.020.63-0.050.89-0.050.880.880.920.85
0.930.560.210.230.50.910.50.230.220.390.950.520.650.570.60.360.340.230.380.50.380.430.440.490.37
0.570.880.880.890.840.560.840.960.880.080.510.590.610.890.860.36-0.310.89-0.420.93-0.420.990.850.940.97
0.320.08-0.65-0.60.080.290.07-0.5-0.590.790.19-0.140.340.080.020.34-0.31-0.610.96-0.060.96-0.170.13-0.06-0.15
0.40.670.991.00.630.370.630.961.0-0.330.420.720.370.670.630.230.89-0.61-0.680.77-0.680.850.530.760.82
0.28-0.07-0.72-0.67-0.080.31-0.09-0.59-0.670.670.2-0.230.22-0.07-0.050.38-0.420.96-0.68-0.211.0-0.29-0.01-0.22-0.3
0.740.980.750.770.970.680.970.840.770.350.610.670.790.980.890.50.93-0.060.77-0.21-0.210.960.90.990.96
0.28-0.07-0.72-0.68-0.080.31-0.09-0.6-0.670.680.2-0.230.22-0.06-0.050.38-0.420.96-0.681.0-0.21-0.290.0-0.21-0.3
0.650.930.830.850.880.630.880.930.850.170.560.640.680.930.880.430.99-0.170.85-0.290.96-0.290.880.960.98
0.660.910.520.530.890.640.890.70.530.540.50.380.740.910.880.440.850.130.53-0.010.90.00.880.90.87
0.720.990.750.760.970.680.970.830.760.360.60.640.790.990.920.490.94-0.060.76-0.220.99-0.210.960.90.96
0.610.930.790.820.90.560.90.910.820.210.50.630.680.930.850.370.97-0.150.82-0.30.96-0.30.980.870.96
Click cells to compare fundamentals

Hingham Institution Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Hingham Stock Analysis

When running Hingham Institution's price analysis, check to measure Hingham Institution'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 Hingham Institution is operating at the current time. Most of Hingham Institution's value examination focuses on studying past and present price action to predict the probability of Hingham Institution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hingham Institution's price. Additionally, you may evaluate how the addition of Hingham Institution to your portfolios can decrease your overall portfolio volatility.