Hilton Property Plant And Equipment Net vs Short Term Investments Analysis

HILTON Stock   83.13  0.72  0.86%   
Hilton Metal financial indicator trend analysis is much more than just examining Hilton Metal Forging latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hilton Metal Forging is a good investment. Please check the relationship between Hilton Metal Property Plant And Equipment Net and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hilton Metal Forging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Metal Forging Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hilton Metal's Property Plant And Equipment Net and Short Term Investments is 0.44. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Hilton Metal Forging, assuming nothing else is changed. The correlation between historical values of Hilton Metal's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Hilton Metal Forging are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Hilton Metal's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Hilton Metal balance sheet. It contains any investments Hilton Metal Forging undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hilton Metal Forging can easily liquidate in the marketplace.
Most indicators from Hilton Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hilton Metal Forging 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 Hilton Metal Forging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Tax Provision is expected to grow to about 11.1 M, whereas Selling General Administrative is forecasted to decline to about 22.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense37.2M53.6M64.8M38.0M
Depreciation And Amortization25.4M23.6M22.0M27.1M

Hilton Metal fundamental ratios Correlations

0.50.210.720.840.410.520.18-0.170.61-0.19-0.120.590.830.190.880.20.550.840.990.450.840.430.550.43-0.41
0.50.00.330.10.120.97-0.60.00.45-0.440.02-0.240.390.580.680.00.110.740.460.950.39-0.360.510.23-0.58
0.210.00.670.27-0.180.220.04-0.92-0.01-0.18-0.920.160.25-0.770.330.290.220.090.24-0.140.240.110.26-0.24-0.27
0.720.330.670.490.020.480.06-0.740.14-0.16-0.720.560.47-0.320.830.020.420.720.770.140.470.560.740.02-0.17
0.840.10.270.490.590.130.39-0.130.67-0.13-0.080.580.91-0.090.560.50.630.410.80.140.920.40.110.48-0.41
0.410.12-0.180.020.590.06-0.010.250.69-0.320.290.060.60.160.180.320.40.10.310.250.650.1-0.330.44-0.31
0.520.970.220.480.130.06-0.61-0.240.4-0.48-0.22-0.220.420.380.730.050.140.740.490.870.41-0.320.580.18-0.6
0.18-0.60.040.060.39-0.01-0.610.08-0.040.610.040.61-0.01-0.24-0.030.040.02-0.090.21-0.60.040.53-0.03-0.210.42
-0.170.0-0.92-0.74-0.130.25-0.240.080.170.180.99-0.18-0.130.77-0.37-0.16-0.23-0.14-0.220.19-0.12-0.26-0.420.220.11
0.610.45-0.010.140.670.690.4-0.040.17-0.390.22-0.050.80.280.430.250.370.360.480.560.81-0.07-0.120.55-0.79
-0.19-0.44-0.18-0.16-0.13-0.32-0.480.610.18-0.390.110.21-0.38-0.07-0.19-0.2-0.34-0.19-0.13-0.4-0.290.2-0.04-0.530.55
-0.120.02-0.92-0.72-0.080.29-0.220.040.990.220.11-0.16-0.060.78-0.35-0.14-0.18-0.12-0.180.21-0.07-0.24-0.420.340.06
0.59-0.240.160.560.580.06-0.220.61-0.18-0.050.21-0.160.33-0.180.40.070.540.410.67-0.290.320.840.390.130.28
0.830.390.250.470.910.60.42-0.01-0.130.8-0.38-0.060.330.040.610.50.660.490.760.450.990.170.110.63-0.69
0.190.58-0.77-0.32-0.090.160.38-0.240.770.28-0.070.78-0.180.040.17-0.24-0.150.420.150.650.04-0.30.140.29-0.11
0.880.680.330.830.560.180.73-0.03-0.370.43-0.19-0.350.40.610.170.060.410.930.890.540.630.320.790.21-0.34
0.20.00.290.020.50.320.050.04-0.160.25-0.2-0.140.070.5-0.240.060.61-0.160.170.090.5-0.22-0.240.13-0.31
0.550.110.220.420.630.40.140.02-0.230.37-0.34-0.180.540.66-0.150.410.610.30.540.180.620.350.10.39-0.32
0.840.740.090.720.410.10.74-0.09-0.140.36-0.19-0.120.410.490.420.93-0.160.30.860.620.490.310.820.23-0.28
0.990.460.240.770.80.310.490.21-0.220.48-0.13-0.180.670.760.150.890.170.540.860.380.770.490.640.36-0.29
0.450.95-0.140.140.140.250.87-0.60.190.56-0.40.21-0.290.450.650.540.090.180.620.380.45-0.460.260.32-0.66
0.840.390.240.470.920.650.410.04-0.120.81-0.29-0.070.320.990.040.630.50.620.490.770.450.170.10.53-0.67
0.43-0.360.110.560.40.1-0.320.53-0.26-0.070.2-0.240.840.17-0.30.32-0.220.350.310.49-0.460.170.360.090.36
0.550.510.260.740.11-0.330.58-0.03-0.42-0.12-0.04-0.420.390.110.140.79-0.240.10.820.640.260.10.36-0.060.05
0.430.23-0.240.020.480.440.18-0.210.220.55-0.530.340.130.630.290.210.130.390.230.360.320.530.09-0.06-0.39
-0.41-0.58-0.27-0.17-0.41-0.31-0.60.420.11-0.790.550.060.28-0.69-0.11-0.34-0.31-0.32-0.28-0.29-0.66-0.670.360.05-0.39
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Hilton Metal Account Relationship Matchups

Hilton Metal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.1B1.1B1.7B1.8B1.4B
Short Long Term Debt Total445.3M573.2M602.7M501.0M511.8M403.5M
Other Current Liab61.9M32.0M59.8M53.5M66.6M70.0M
Total Current Liabilities691.7M512.5M497.7M640.8M692.1M507.5M
Total Stockholder Equity626.9M431.1M448.8M891.2M995.2M674.2M
Property Plant And Equipment Net322.4M321.6M384.2M422.2M468.6M304.0M
Net Debt443.9M572.6M599.7M499.9M500.1M382.3M
Retained Earnings111.0M(84.7M)(67.1M)(8.5M)109.9M115.4M
Cash1.4M641K3.0M1.0M11.7M13.2M
Non Current Assets Total380.4M378.1M458.0M485.0M529.9M466.6M
Non Currrent Assets Other57.9M56.4M(384.3M)(422.2M)61.3M64.4M
Cash And Short Term Investments1.6M744K3.1M16.9M11.7M14.4M
Net Receivables335.1M94.2M13.9M301.9M271.5M221.3M
Liabilities And Stockholders Equity1.5B1.1B1.1B1.7B1.8B1.4B
Non Current Liabilities Total174.2M186.3M193.8M160.3M158.3M136.5M
Inventory668.0M539.9M546.4M664.5M789.1M554.4M
Other Current Assets93.3M108.0M109.5M229.8M243.4M130.7M
Total Liab865.9M698.8M691.4M801.1M850.5M695.3M
Total Current Assets1.1B751.9M682.2M1.2B1.3B902.9M
Accumulated Other Comprehensive Income(206.0M)(226.7M)(249.3M)55.3M92.4M97.0M
Short Term Debt312.8M422.6M417.1M377.1M400.4M328.1M
Accounts Payable244.2M29.1M20.7M210.3M211.9M135.4M
Current Deferred Revenue45.9M31.0M24.6M28.6M25.4M26.8M
Short Term Investments197K103K100K15.8M2.7M2.4M
Other Liab74.8M35.7M8.2M8.5M7.7M7.3M
Net Tangible Assets626.9M431.1M448.8M891.2M1.0B662.2M
Other Assets274.02K1K3.1M2.8M2.2M
Long Term Debt99.3M150.6M185.6M151.7M140.3M96.5M
Short Long Term Debt346.0M386.8M387.7M349.2M371.5M341.6M
Property Plant Equipment322.4M321.6M384.2M422.2M485.5M401.6M
Long Term Debt Total99.3M150.6M185.6M151.7M174.5M111.0M
Cash And Equivalents1.4M641K3.0M1.0M1.2M1.5M
Net Invested Capital1.1B968.5M1.0B1.4B1.5B1.2B
Net Working Capital420.7M239.4M184.6M566.5M623.6M413.2M

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Other Information on Investing in Hilton Stock

Balance Sheet is a snapshot of the financial position of Hilton Metal Forging at a specified time, usually calculated after every quarter, six months, or one year. Hilton Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hilton Metal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hilton currently owns. An asset can also be divided into two categories, current and non-current.