Hilton Ebit vs Income Tax Expense Analysis
HLT Stock | USD 253.00 1.17 0.46% |
Hilton Worldwide financial indicator trend analysis is much more than just examining Hilton Worldwide Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hilton Worldwide Holdings is a good investment. Please check the relationship between Hilton Worldwide Ebit and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hilton Worldwide Holdings. 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.
Ebit vs Income Tax Expense
Ebit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hilton Worldwide Holdings Ebit account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hilton Worldwide's Ebit and Income Tax Expense is 0.31. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hilton Worldwide Holdings, assuming nothing else is changed. The correlation between historical values of Hilton Worldwide's Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Hilton Worldwide Holdings are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Hilton Worldwide's Ebit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Income Tax Expense
Most indicators from Hilton Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hilton Worldwide Holdings 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 Worldwide Holdings. 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, Hilton Worldwide's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 511.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 388.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 2.7B | 2.9B | 2.1B | Total Revenue | 5.8B | 8.8B | 10.2B | 8.2B |
Hilton Worldwide fundamental ratios Correlations
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Hilton Worldwide Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hilton Worldwide fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.0B | 16.8B | 15.4B | 15.5B | 15.4B | 18.3B | |
Other Current Liab | 2.1B | 2.0B | 2.6B | 2.9B | 3.1B | 1.7B | |
Total Current Liabilities | 2.9B | 2.4B | 3.0B | 3.4B | 3.7B | 2.3B | |
Total Stockholder Equity | (482M) | (1.5B) | (821M) | (1.1B) | (2.4B) | (2.2B) | |
Other Liab | 3.6B | 4.3B | 3.6B | 3.7B | 4.3B | 3.3B | |
Retained Earnings | (6.0B) | (6.7B) | (6.3B) | (5.2B) | (4.2B) | (4.4B) | |
Accounts Payable | 303M | 224M | 274M | 368M | 457M | 287.7M | |
Cash | 538M | 3.2B | 1.4B | 1.2B | 800M | 808.6M | |
Other Assets | 380M | 6.8B | 665M | 780M | 897M | 1.8B | |
Long Term Debt | 7.7B | 10.2B | 8.6B | 8.6B | 9.2B | 8.7B | |
Good Will | 5.2B | 5.1B | 5.1B | 5.0B | 5.1B | 4.6B | |
Inventory | 222M | 115M | 174M | 182M | 206M | 303.1M | |
Other Current Assets | 72M | 213M | 376M | 334M | 327M | 186.5M | |
Total Liab | 15.4B | 18.2B | 16.3B | 16.6B | 17.7B | 16.2B | |
Treasury Stock | (4.2B) | (4.5B) | (4.4B) | (6.0B) | (5.4B) | (5.2B) | |
Intangible Assets | 6.1B | 5.8B | 5.8B | 5.9B | 6.1B | 5.7B | |
Property Plant Equipment | 380M | 346M | 305M | 280M | 252M | 239.4M | |
Common Stock Shares Outstanding | 290M | 279M | 281M | 277M | 264M | 243.5M | |
Short Long Term Debt Total | 9.2B | 11.6B | 9.8B | 9.7B | 10.1B | 8.8B | |
Property Plant And Equipment Net | 1.2B | 1.1B | 999M | 942M | 1B | 950M | |
Current Deferred Revenue | 350M | 332M | 370M | 433M | 502M | 527.1M | |
Net Debt | 8.6B | 8.4B | 8.3B | 8.5B | 9.3B | 8.0B | |
Non Current Assets Total | 12.9B | 12.6B | 12.6B | 12.6B | 12.8B | 14.1B | |
Non Currrent Assets Other | 280M | 323M | 452M | 576M | 512M | 705.4M | |
Cash And Short Term Investments | 538M | 3.2B | 1.4B | 1.2B | 800M | 1.1B | |
Net Receivables | 1.3B | 771M | 1.1B | 1.3B | 1.5B | 1.2B | |
Liabilities And Stockholders Equity | 15.0B | 16.8B | 15.4B | 15.5B | 15.4B | 16.3B | |
Non Current Liabilities Total | 12.6B | 15.8B | 13.2B | 13.2B | 14.0B | 12.9B | |
Other Stockholder Equity | 12.3B | 6.1B | 6.3B | 4.8B | 2.6B | 2.4B | |
Property Plant And Equipment Gross | 1.2B | 1.1B | 305M | 280M | 1.5B | 1.4B | |
Total Current Assets | 2.1B | 4.2B | 2.9B | 2.9B | 2.6B | 3.0B | |
Accumulated Other Comprehensive Income | (840M) | (860M) | (779M) | (706M) | (731M) | (767.6M) | |
Short Term Debt | 170M | 226M | 190M | 151M | 155M | 143.6M | |
Net Tangible Assets | (903M) | (1.5B) | (821M) | (1.1B) | (991.8M) | (942.2M) | |
Noncontrolling Interest In Consolidated Entity | 7M | 10M | 4M | 2M | 4.6M | 4.8M | |
Retained Earnings Total Equity | (6.0B) | (6.7B) | (6.3B) | (5.2B) | (4.7B) | (4.9B) |
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When running Hilton Worldwide's price analysis, check to measure Hilton Worldwide'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 Hilton Worldwide is operating at the current time. Most of Hilton Worldwide's value examination focuses on studying past and present price action to predict the probability of Hilton Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hilton Worldwide's price. Additionally, you may evaluate how the addition of Hilton Worldwide to your portfolios can decrease your overall portfolio volatility.