Hims Total Assets vs Total Liab Analysis

HIMS Stock  USD 25.33  1.18  4.89%   
Hims Hers financial indicator trend analysis is much more than just examining Hims Hers Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hims Hers Health is a good investment. Please check the relationship between Hims Hers Total Assets and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hims Hers Health Total Assets account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Hims Hers' Total Assets and Total Liab is -0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Total Assets and Total Liab 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 Assets of Hims Hers Health are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Hims Hers' Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Hims Hers assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hims Hers Health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Hims Hers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hims Hers Health 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 Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Hims Hers' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 117.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit204.5M408.7M714.9M750.7M
Total Revenue271.9M526.9M872M915.6M

Hims Hers fundamental ratios Correlations

0.90.76-0.720.540.780.750.670.560.720.880.850.720.8-0.490.530.66-0.820.870.810.090.9-0.790.790.87-0.77
0.90.91-0.810.840.520.870.870.730.890.920.940.830.9-0.40.690.77-0.90.980.940.260.93-0.90.920.87-0.9
0.760.91-0.890.840.410.920.90.731.00.90.950.770.98-0.420.730.79-0.910.890.950.320.92-0.980.950.9-0.99
-0.72-0.81-0.89-0.79-0.29-0.96-0.91-0.88-0.9-0.93-0.93-0.9-0.960.68-0.8-0.840.91-0.87-0.930.0-0.910.95-0.94-0.890.9
0.540.840.84-0.790.050.820.940.850.860.790.850.810.83-0.320.720.72-0.780.860.880.270.77-0.830.880.69-0.84
0.780.520.41-0.290.050.240.250.110.340.550.50.250.42-0.3-0.090.09-0.330.410.450.020.59-0.430.440.65-0.41
0.750.870.92-0.960.820.240.870.810.930.880.910.880.95-0.570.910.95-0.980.920.910.130.89-0.940.90.84-0.92
0.670.870.9-0.910.940.250.870.90.910.920.950.860.93-0.470.670.7-0.820.880.970.190.89-0.940.970.85-0.92
0.560.730.73-0.880.850.110.810.90.750.860.850.960.8-0.740.70.72-0.790.830.85-0.240.82-0.80.860.78-0.72
0.720.891.0-0.90.860.340.930.910.750.880.930.770.98-0.410.750.8-0.90.880.950.330.9-0.980.950.88-0.99
0.880.920.9-0.930.790.550.880.920.860.880.990.910.95-0.660.640.73-0.890.940.970.00.99-0.950.970.97-0.9
0.850.940.95-0.930.850.50.910.950.850.930.990.890.97-0.590.680.76-0.910.950.990.10.99-0.980.990.97-0.95
0.720.830.77-0.90.810.250.880.860.960.770.910.890.84-0.770.790.84-0.90.920.87-0.230.89-0.830.870.83-0.75
0.80.90.98-0.960.830.420.950.930.80.980.950.970.84-0.540.750.81-0.930.910.970.20.96-1.00.980.94-0.98
-0.49-0.4-0.420.68-0.32-0.3-0.57-0.47-0.74-0.41-0.66-0.59-0.77-0.54-0.48-0.540.59-0.54-0.520.71-0.640.53-0.54-0.670.38
0.530.690.73-0.80.72-0.090.910.670.70.750.640.680.790.75-0.480.98-0.90.790.680.080.66-0.720.660.56-0.7
0.660.770.79-0.840.720.090.950.70.720.80.730.760.840.81-0.540.98-0.960.860.750.070.76-0.790.730.67-0.76
-0.82-0.9-0.910.91-0.78-0.33-0.98-0.82-0.79-0.9-0.89-0.91-0.9-0.930.59-0.9-0.96-0.95-0.89-0.09-0.910.91-0.88-0.850.88
0.870.980.89-0.870.860.410.920.880.830.880.940.950.920.91-0.540.790.86-0.950.940.110.94-0.90.920.87-0.87
0.810.940.95-0.930.880.450.910.970.850.950.970.990.870.97-0.520.680.75-0.890.940.170.97-0.981.00.94-0.96
0.090.260.320.00.270.020.130.19-0.240.330.00.1-0.230.20.710.080.07-0.090.110.170.03-0.210.150.0-0.37
0.90.930.92-0.910.770.590.890.890.820.90.990.990.890.96-0.640.660.76-0.910.940.970.03-0.960.970.99-0.92
-0.79-0.9-0.980.95-0.83-0.43-0.94-0.94-0.8-0.98-0.95-0.98-0.83-1.00.53-0.72-0.790.91-0.9-0.98-0.21-0.96-0.98-0.940.99
0.790.920.95-0.940.880.440.90.970.860.950.970.990.870.98-0.540.660.73-0.880.921.00.150.97-0.980.95-0.96
0.870.870.9-0.890.690.650.840.850.780.880.970.970.830.94-0.670.560.67-0.850.870.940.00.99-0.940.95-0.9
-0.77-0.9-0.990.9-0.84-0.41-0.92-0.92-0.72-0.99-0.9-0.95-0.75-0.980.38-0.7-0.760.88-0.87-0.96-0.37-0.920.99-0.96-0.9
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Hims Hers Account Relationship Matchups

Hims Hers fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab11.1M5.2M52.7M8.2M33.1M20.4M
Total Current Liabilities20.6M15.2M79.2M47.9M88.5M50.5M
Net Tangible Assets(141.1M)(149.8M)197.8M170.8M196.4M206.3M
Retained Earnings(153.2M)(171.3M)(279.0M)(344.6M)(368.2M)(386.6M)
Accounts Payable7.2M8.1M19.6M32.4M43.1M22.7M
Other Assets963K1.0M8.8M888K1.00.95
Net Receivables859K750K3.6M3.2M5.7M6.0M
Inventory4.2M3.5M13.6M21.6M22.5M12.7M
Other Current Assets480K8.6M5.5M12.2M15.9M8.0M
Other Stockholder Equity(173.4M)(225.5M)613.7M656.6M712.3M747.9M
Total Current Assets69.6M113.1M269.9M216.6M265.1M180.0M

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Additional Tools for Hims Stock Analysis

When running Hims Hers' price analysis, check to measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.