Hartford Ebitda vs Minority Interest Analysis
HIG Stock | USD 109.05 1.68 1.52% |
Hartford Financial financial indicator trend analysis is much more than just examining Hartford Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hartford Financial is a good investment. Please check the relationship between Hartford Financial Ebitda and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. 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.
Ebitda vs Minority Interest
Ebitda vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hartford Financial Ebitda account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hartford Financial's Ebitda and Minority Interest is -0.47. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hartford Financial Services, assuming nothing else is changed. The correlation between historical values of Hartford Financial's Ebitda and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Hartford Financial Services are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Ebitda i.e., Hartford Financial's Ebitda and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebitda
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Hartford Financial Services whose combined shares represent less than 50% of the total outstanding shares issued by Hartford Financial have a minority interest in Hartford Financial.Most indicators from Hartford Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hartford Financial 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 Hartford Financial Services. 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. At this time, Hartford Financial's Enterprise Value Multiple is most likely to increase significantly in the upcoming years. The Hartford Financial's current Enterprise Value is estimated to increase to about 27.3 B, while Tax Provision is projected to decrease to roughly 450 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.6B | 17.5B | 24.5B | 18.5B | Total Revenue | 22.4B | 22.4B | 24.5B | 21.5B |
Hartford Financial fundamental ratios Correlations
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Hartford Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hartford Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.8B | 74.1B | 76.6B | 73.0B | 76.8B | 72.9B | |
Short Long Term Debt Total | 4.8B | 4.4B | 4.9B | 38.6B | 4.4B | 6.0B | |
Other Current Liab | (500M) | (701M) | (687M) | 34.3B | 35.2B | 33.5B | |
Total Current Liabilities | 500M | 701M | 687M | 2.1B | 35.2B | 33.5B | |
Total Stockholder Equity | 16.3B | 18.6B | 17.8B | 13.6B | 15.3B | 15.1B | |
Net Debt | 4.7B | 4.2B | 4.7B | 4.1B | 4.2B | 3.6B | |
Retained Earnings | 12.7B | 13.9B | 15.8B | 17.0B | 19.0B | 10.7B | |
Common Stock Shares Outstanding | 364.9M | 360.6M | 354.1M | 329.5M | 311.5M | 369.5M | |
Liabilities And Stockholders Equity | 70.8B | 74.1B | 76.6B | 73.0B | 76.8B | 72.9B | |
Non Current Liabilities Total | 4.3B | 4.4B | 4.9B | 57.3B | 19.6B | 20.5B | |
Other Stockholder Equity | (12.7B) | 3.1B | 1.6B | (17.0B) | (1.2B) | (1.2B) | |
Total Liab | 54.5B | 4.4B | 4.9B | 59.4B | 54.8B | 52.0B | |
Short Term Debt | 413M | 500M | 0.0 | 34.3B | 39.4B | 41.4B | |
Cash | 185M | 151M | 205M | 229M | 126M | 119.7M | |
Non Current Assets Total | 52.7B | 55.8B | 55.8B | 50.0B | 76.7B | 87.0B | |
Non Currrent Assets Other | (299M) | (46M) | (270M) | (1.4B) | 66.6B | 69.9B | |
Other Assets | (37.0B) | (40.5B) | (36.9B) | (29.2B) | (24.3B) | (23.0B) | |
Cash And Short Term Investments | 45.3B | 48.5B | 46.7B | 40.3B | 126M | 119.7M | |
Net Receivables | 9.9B | 10.3B | 11.0B | 11.9B | 12.7B | 11.7B | |
Short Term Investments | 45.1B | 48.3B | 46.5B | 40.1B | 5.4B | 5.1B | |
Total Current Assets | 55.2B | 58.7B | 57.7B | 52.2B | 24.4B | 23.2B | |
Accumulated Other Comprehensive Income | 52M | 1.2B | 172M | (3.9B) | (2.8B) | (2.7B) | |
Common Stock | 14.3B | 15.9B | 17.1B | 17.2B | 3M | 2.9M | |
Other Liab | 42.8B | 44.4B | 46.6B | 47.0B | 54.1B | 38.5B | |
Accounts Payable | 755M | 701M | 687M | 658M | 592.2M | 562.6M | |
Long Term Debt | 4.3B | 4.4B | 4.9B | 4.4B | 4.4B | 5.6B | |
Treasury Stock | (1.1B) | (1.1B) | (1.2B) | (1.8B) | (1.6B) | (1.7B) | |
Intangible Assets | 1.1B | 950M | 858M | 778M | 707M | 972.5M | |
Property Plant And Equipment Net | 1.2B | 1.1B | 1.0B | 927M | 896M | 980.8M | |
Current Deferred Revenue | (816M) | (767M) | (255M) | 1.4B | 1.7B | 1.7B | |
Other Current Assets | 9.1B | 9.2B | 9.9B | 10.6B | 11.6B | 11.0B | |
Property Plant And Equipment Gross | 1.0B | 1.0B | 1.2B | 1.1B | 1.3B | 1.1B | |
Property Plant Equipment | 1.2B | 1.1B | 1.0B | 927M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 12.7B | 13.9B | 15.8B | 17.0B | 19.6B | 11.8B | |
Net Tangible Assets | 13.0B | 15.4B | 14.7B | 10.6B | 9.5B | 12.4B | |
Long Term Debt Total | 4.3B | 4.4B | 4.9B | 4.4B | 3.9B | 4.5B |
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When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. 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. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Multi-line Insurance 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 Hartford Financial. If investors know Hartford 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 Hartford Financial 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 0.225 | Dividend Share 1.88 | Earnings Share 9.95 | Revenue Per Share 87.921 | Quarterly Revenue Growth 0.095 |
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial'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 Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial'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 Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial'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.