Holley Current Deferred Revenue vs Short Long Term Debt Analysis

HLLY Stock  USD 2.88  0.14  5.11%   
Holley financial indicator trend analysis is much more than just examining Holley Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holley Inc is a good investment. Please check the relationship between Holley Current Deferred Revenue and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Holley Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Current Deferred Revenue vs Short Long Term Debt

Current Deferred Revenue vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holley Inc Current Deferred Revenue account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Holley's Current Deferred Revenue and Short Long Term Debt is -0.64. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Holley Inc, assuming nothing else is changed. The correlation between historical values of Holley's Current Deferred Revenue and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Holley Inc are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Holley's Current Deferred Revenue and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Holley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holley Inc 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 Holley Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Holley's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 108.5 M in 2024.
 2021 2022 2023 2024 (projected)
EBIT126.9M118.5M87.2M86.3M
Other Operating Expenses565.9M630.8M565.7M454.6M

Holley fundamental ratios Correlations

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