Hingham Total Liab vs Cash 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 Total Liab and its Cash 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.
Total Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hingham Institution for Total Liab account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Hingham Institution's Total Liab and Cash is 0.08. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash 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 Total Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Hingham Institution for are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Liab i.e., Hingham Institution's Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Cash
Cash refers to the most liquid asset of Hingham Institution for, which is listed under current asset account on Hingham Institution for balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hingham Institution customers. The amounts must be unrestricted with restricted cash listed in a different Hingham Institution account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Expense | 8.0M | 32.9M | 126.0M | 132.3M | Depreciation And Amortization | 543K | 494K | 685K | 739.4K |
Hingham Institution fundamental ratios Correlations
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Hingham Institution Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.