Hingham Short Term Investments vs Property Plant Equipment Analysis

HIFS Stock  USD 260.96  9.61  3.55%   
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 Investments and its Property Plant Equipment 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 Investments vs Property Plant Equipment

Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hingham Institution for Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hingham Institution's Short Term Investments and Property Plant Equipment is 0.33. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment 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 Investments and Property Plant Equipment 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 Investments of Hingham Institution for are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., Hingham Institution's Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Hingham Institution balance sheet. It contains any investments Hingham Institution for undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hingham Institution for can easily liquidate in the marketplace.

Property Plant Equipment

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. Tax Provision is likely to gain to about 17.8 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.32 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense32.9M126.0M144.9M152.1M
Depreciation And Amortization494K685K787.8K739.4K

Hingham Institution fundamental ratios Correlations

0.80.620.640.770.840.760.650.630.170.870.730.880.80.780.880.710.770.640.780.79-0.120.750.70.780.73
0.80.770.780.990.810.990.830.780.280.610.750.821.00.950.630.920.880.780.80.99-0.270.950.930.990.95
0.620.770.990.740.550.740.980.99-0.380.370.790.570.770.750.40.930.560.990.510.85-0.770.890.650.780.87
0.640.780.990.750.550.740.981.0-0.380.380.820.590.790.750.410.930.611.00.560.86-0.730.910.660.780.89
0.770.990.740.750.771.00.80.740.330.570.730.810.990.940.590.890.840.750.750.97-0.270.920.920.990.93
0.840.810.550.550.770.770.580.550.310.90.660.720.810.850.90.680.790.560.880.760.060.730.720.780.68
0.760.990.740.741.00.770.80.740.330.560.730.810.990.930.580.890.840.740.740.97-0.280.910.920.990.92
0.650.830.980.980.80.580.80.98-0.260.380.760.620.840.80.410.970.660.980.60.9-0.680.960.770.840.94
0.630.780.991.00.740.550.740.98-0.380.370.820.580.780.740.40.930.611.00.560.86-0.730.910.650.780.89
0.170.28-0.38-0.380.330.310.33-0.26-0.380.27-0.150.30.270.250.26-0.060.35-0.380.290.150.690.010.370.280.05
0.870.610.370.380.570.90.560.380.370.270.590.70.620.641.00.470.670.380.760.570.170.520.510.580.47
0.730.750.790.820.730.660.730.760.82-0.150.590.640.760.680.60.730.740.820.70.78-0.40.760.540.720.75
0.880.820.570.590.810.720.810.620.580.30.70.640.820.760.720.70.760.580.710.79-0.120.740.740.80.74
0.81.00.770.790.990.810.990.840.780.270.620.760.820.950.640.920.880.780.810.99-0.270.950.930.990.95
0.780.950.750.750.940.850.930.80.740.250.640.680.760.950.660.90.790.750.770.92-0.260.920.90.950.89
0.880.630.40.410.590.90.580.410.40.261.00.60.720.640.660.50.680.410.770.590.150.550.530.60.5
0.710.920.930.930.890.680.890.970.93-0.060.470.730.70.920.90.50.740.930.680.96-0.550.990.880.930.98
0.770.880.560.610.840.790.840.660.610.350.670.740.760.880.790.680.740.60.950.840.060.820.80.850.81
0.640.780.991.00.750.560.740.981.0-0.380.380.820.580.780.750.410.930.60.560.86-0.740.910.660.780.88
0.780.80.510.560.750.880.740.60.560.290.760.70.710.810.770.770.680.950.560.760.150.760.720.760.73
0.790.990.850.860.970.760.970.90.860.150.570.780.790.990.920.590.960.840.860.76-0.40.970.910.990.98
-0.12-0.27-0.77-0.73-0.270.06-0.28-0.68-0.730.690.17-0.4-0.12-0.27-0.260.15-0.550.06-0.740.15-0.4-0.46-0.19-0.31-0.46
0.750.950.890.910.920.730.910.960.910.010.520.760.740.950.920.550.990.820.910.760.97-0.460.90.950.99
0.70.930.650.660.920.720.920.770.650.370.510.540.740.930.90.530.880.80.660.720.91-0.190.90.940.9
0.780.990.780.780.990.780.990.840.780.280.580.720.80.990.950.60.930.850.780.760.99-0.310.950.940.95
0.730.950.870.890.930.680.920.940.890.050.470.750.740.950.890.50.980.810.880.730.98-0.460.990.90.95
Click cells to compare fundamentals

Hingham Institution Account Relationship Matchups

Hingham Institution fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.9B3.4B4.2B4.5B5.2B5.4B
Other Current Liab(252K)(198K)(4.5M)2.3B2.6B2.7B
Total Current Liabilities252K198K4.5M3.2B3.6B3.8B
Total Stockholder Equity292.9M354.6M386.0M407.6M468.8M492.2M
Property Plant And Equipment Net15.2M15.8M17.9M17.4M20.0M21.0M
Retained Earnings278.3M339.7M370.8M391.3M450.0M472.5M
Accounts Payable252K198K4.5M12.3M14.1M14.8M
Non Currrent Assets Other(81.1M)(107.8M)(84.6M)4.4B5.0B5.3B
Other Assets2.5B3.0B3.7B718.3M826.0M955.5M
Liabilities And Stockholders Equity2.9B3.4B4.2B4.5B5.2B5.4B
Non Current Liabilities Total408.0M665.5M4.5M916.7M1.1B1.1B
Other Stockholder Equity12.5M12.7M13.1M14.2M16.3M11.5M
Total Liab2.6B3.1B3.8B4.1B4.7B4.9B
Property Plant And Equipment Gross15.2M28.1M30.7M29.7M34.2M35.9M
Common Stock2.1M2.1M2.1M2.2M2.5M2.3M
Net Debt174.0M393.8M914.0M1.3B1.5B1.6B
Cash234.0M271.2M362.0M362.5M416.8M437.7M
Non Current Assets Total81.1M107.8M84.6M4.5B5.2B5.4B
Cash And Short Term Investments234.0M271.2M362.0M362.5M416.8M437.7M
Net Receivables5.3M5.5M7.1M8.6M9.8M10.3M
Total Current Assets239.3M276.6M369.2M5.7M6.5M6.2M
Short Long Term Debt Total408.0M665M1.3B1.7B1.9B2.0B
Short Term Debt408.3M630.2M1.3B907.9M1.0B1.1B
Other Liab14.0M15.6M17.6M22.0M25.3M26.6M
Long Term Debt408.0M665M1.3B1.7B1.9B2.0B
Short Term Investments11K6K0.0351.9M404.7M425.0M
Property Plant Equipment15.9M16.3M16.7M17.9M20.5M10.9M
Inventory(243.1M)(276.6M)(369.2M)(2.9M)(2.6M)(2.7M)
Net Tangible Assets247.2M292.9M354.6M386.0M443.9M256.7M
Other Current Assets243.1M276.6M369.2M371.0M426.7M305.0M
Long Term Investments65.9M92.0M66.7M83.3M95.8M57.0M
Current Deferred Revenue(408.0M)(630.0M)(1.3B)(12.3M)(11.0M)(11.6M)
Net Invested Capital701.0M1.0B1.7B2.1B2.4B1.2B

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