Holley Deferred Long Term Liab vs Property Plant Equipment 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 Deferred Long Term Liab and its Property Plant Equipment 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.
Deferred Long Term Liab vs Property Plant Equipment
Deferred Long Term Liab vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holley Inc Deferred Long Term Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Holley's Deferred Long Term Liab and Property Plant Equipment is -0.56. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Property Plant Equipment 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 Deferred Long Term Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Holley Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Deferred Long Term Liab i.e., Holley's Deferred Long Term Liab and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Property Plant Equipment
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) | EBIT | 126.9M | 118.5M | 87.2M | 86.3M | Other Operating Expenses | 565.9M | 630.8M | 565.7M | 454.6M |
Holley fundamental ratios Correlations
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Holley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Holley's price analysis, check to measure Holley's 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 Holley is operating at the current time. Most of Holley's value examination focuses on studying past and present price action to predict the probability of Holley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Holley's price. Additionally, you may evaluate how the addition of Holley to your portfolios can decrease your overall portfolio volatility.