Hilton Property Plant Equipment vs Non Current Assets Total Analysis

HILTON Stock   88.44  2.52  2.77%   
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 Equipment and its Non Current Assets Total 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 Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Metal Forging Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hilton Metal's Property Plant Equipment and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total 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 Equipment and Non Current Assets Total 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 Equipment of Hilton Metal Forging are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., Hilton Metal's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
 2022 2023 2024 2025 (projected)
Interest Expense53.6M64.8M74.6M38.0M
Depreciation And Amortization23.6M22.0M25.3M27.1M

Hilton Metal fundamental ratios Correlations

0.630.280.790.910.490.650.01-0.160.8-0.06-0.130.60.910.130.920.390.720.870.990.60.910.360.480.33-0.53
0.630.080.470.370.250.98-0.64-0.020.6-0.34-0.01-0.090.560.520.750.180.330.80.60.960.56-0.290.50.22-0.66
0.280.080.660.32-0.130.28-0.06-0.910.13-0.15-0.910.20.31-0.760.370.390.290.170.3-0.040.310.120.28-0.23-0.33
0.790.470.660.640.160.6-0.01-0.670.43-0.08-0.660.610.62-0.290.870.180.580.790.830.320.620.520.70.03-0.31
0.910.370.320.640.610.410.17-0.130.83-0.01-0.10.590.95-0.080.730.570.780.60.880.390.950.340.150.36-0.52
0.490.25-0.130.160.610.21-0.010.220.66-0.270.260.130.620.150.310.180.520.230.420.340.630.11-0.290.43-0.38
0.650.980.280.60.410.21-0.64-0.230.58-0.36-0.22-0.060.590.330.80.220.360.80.630.90.59-0.240.560.17-0.68
0.01-0.64-0.06-0.010.17-0.01-0.640.1-0.180.570.070.57-0.14-0.25-0.14-0.05-0.05-0.170.06-0.66-0.140.57-0.06-0.220.62
-0.16-0.02-0.91-0.67-0.130.22-0.230.10.080.170.99-0.19-0.130.77-0.33-0.17-0.22-0.15-0.20.15-0.13-0.26-0.420.220.12
0.80.60.130.430.830.660.58-0.180.08-0.180.110.160.890.180.660.470.620.580.70.670.890.0-0.010.39-0.77
-0.06-0.34-0.15-0.08-0.01-0.27-0.360.570.17-0.180.10.23-0.2-0.07-0.08-0.07-0.2-0.1-0.02-0.3-0.210.2-0.03-0.520.47
-0.13-0.01-0.91-0.66-0.10.26-0.220.070.990.110.1-0.17-0.090.78-0.32-0.16-0.18-0.14-0.180.16-0.09-0.24-0.420.330.08
0.6-0.090.20.610.590.13-0.060.57-0.190.160.23-0.170.42-0.180.470.160.580.480.67-0.130.420.820.40.130.16
0.910.560.310.620.950.620.59-0.14-0.130.89-0.2-0.090.420.020.760.580.790.650.860.61.00.170.150.47-0.72
0.130.52-0.76-0.29-0.080.150.33-0.250.770.18-0.070.78-0.180.020.13-0.22-0.130.350.110.580.02-0.30.140.29-0.09
0.920.750.370.870.730.310.8-0.14-0.330.66-0.08-0.320.470.760.130.260.620.940.930.650.750.30.70.18-0.47
0.390.180.390.180.570.180.22-0.05-0.170.47-0.07-0.160.160.58-0.220.260.650.080.350.260.58-0.2-0.140.11-0.53
0.720.330.290.580.780.520.36-0.05-0.220.62-0.2-0.180.580.79-0.130.620.650.50.710.390.790.330.140.34-0.47
0.870.80.170.790.60.230.8-0.17-0.150.58-0.1-0.140.480.650.350.940.080.50.890.70.640.30.760.21-0.41
0.990.60.30.830.880.420.630.06-0.20.7-0.02-0.180.670.860.110.930.350.710.890.540.860.430.570.29-0.44
0.60.96-0.040.320.390.340.9-0.660.150.67-0.30.16-0.130.60.580.650.260.390.70.540.6-0.380.280.29-0.71
0.910.560.310.620.950.630.59-0.14-0.130.89-0.21-0.090.421.00.020.750.580.790.640.860.60.170.150.48-0.72
0.36-0.290.120.520.340.11-0.240.57-0.260.00.2-0.240.820.17-0.30.3-0.20.330.30.43-0.380.170.370.090.31
0.480.50.280.70.15-0.290.56-0.06-0.42-0.01-0.03-0.420.40.150.140.7-0.140.140.760.570.280.150.37-0.060.01
0.330.22-0.230.030.360.430.17-0.220.220.39-0.520.330.130.470.290.180.110.340.210.290.290.480.09-0.06-0.37
-0.53-0.66-0.33-0.31-0.52-0.38-0.680.620.12-0.770.470.080.16-0.72-0.09-0.47-0.53-0.47-0.41-0.44-0.71-0.720.310.01-0.37
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Hilton Metal Account Relationship Matchups

Hilton Metal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.1B1.7B1.8B2.1B1.4B
Short Long Term Debt Total573.2M602.7M501.0M540.8M621.9M405.5M
Other Current Liab32.0M59.8M53.5M66.6M76.6M80.5M
Total Current Liabilities512.5M497.7M640.8M692.1M796.0M507.5M
Total Stockholder Equity431.1M448.8M891.2M995.2M1.1B674.2M
Property Plant And Equipment Net321.6M384.2M422.2M468.6M421.7M304.0M
Net Debt572.6M599.7M499.9M539.6M620.6M385.1M
Retained Earnings(84.7M)(67.1M)(8.5M)58.3M52.5M42.3M
Cash641K3.0M1.0M11.7M10.5M13.2M
Non Current Assets Total378.1M458.0M485.0M529.9M609.4M466.6M
Non Currrent Assets Other56.4M(384.3M)(422.2M)61.3M55.2M57.9M
Cash And Short Term Investments744K3.1M16.9M11.7M10.5M14.4M
Net Receivables94.2M13.9M301.9M271.5M312.2M221.3M
Liabilities And Stockholders Equity1.1B1.1B1.7B1.8B2.1B1.4B
Non Current Liabilities Total186.3M193.8M160.3M158.3M142.5M136.5M
Inventory539.9M546.4M664.5M789.1M907.5M554.4M
Other Current Assets108.0M109.5M229.8M243.4M280.0M294.0M
Total Liab698.8M691.4M801.1M850.5M978.0M695.3M
Total Current Assets751.9M682.2M1.2B1.3B1.5B902.9M
Accumulated Other Comprehensive Income(226.7M)(249.3M)55.3M92.4M106.3M111.6M
Short Term Debt422.6M417.1M377.1M400.4M460.5M328.1M
Accounts Payable29.1M20.7M210.3M211.9M190.7M135.4M
Current Deferred Revenue31.0M24.6M28.6M25.4M29.2M26.8M
Short Term Investments103K100K15.8M2.5M2.9M2.4M
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 Debt150.6M185.6M151.7M140.3M161.4M96.5M
Short Long Term Debt386.8M387.7M349.2M371.5M427.2M341.6M
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 Capital968.5M1.0B1.4B1.5B1.7B1.2B
Net Working Capital239.4M184.6M566.5M623.6M717.2M413.2M
Property Plant And Equipment Gross593.6M679.6M422.2M468.6M421.7M437.7M

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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.