Hillevax Depreciation vs Net Income Analysis

HLVX Stock

USD 1.86 0.04 2.20%

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

For more information on how to buy Hillevax Stock please use our How to Invest in Hillevax guide.

Depreciation vs Net Income

Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillevax Depreciation account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hillevax's Depreciation and Net Income is -0.46. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Hillevax, assuming nothing else is changed. The correlation between historical values of Hillevax's Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Hillevax are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Hillevax's Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Hillevax value has been used up. For tax purposes Hillevax can deduct the cost of the tangible assets it purchases as business expenses. However, Hillevax must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hillevax financial statement analysis. It represents the amount of money remaining after all of Hillevax operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Hillevax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillevax 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 Hillevax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Hillevax Stock please use our How to Invest in Hillevax guide.At this time, Hillevax's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 580.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 93 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.8M	3.4M	2.4M	1.9M
Depreciation And Amortization	3K	2.3M	879K	1.1M

Interest Expense Depreciation And Amortization

Hillevax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Current Liabilities Total	Net Invested Capital	Short Long Term Debt	Net Working Capital	Other Liab	Non Currrent Assets Other	Deferred Long Term Liab	Non Current Liabilities Other
Total Assets		0.54	0.42	0.28	0.83	0.83	0.8	-0.89	-0.93	0.88	0.98	1.0	0.94	0.93	0.9	0.54	1.0	0.17	0.87	0.99	0.91	0.84	0.9	-0.8	-0.53	0.65
Short Long Term Debt Total	0.54		0.99	0.95	0.11	0.14	0.67	-0.2	-0.5	0.41	0.59	0.56	0.32	0.27	0.33	1.0	0.55	0.91	0.29	0.43	0.76	0.12	0.33	-0.24	-0.29	0.13
Other Current Liab	0.42	0.99		0.98	-0.01	0.02	0.59	-0.07	-0.4	0.3	0.48	0.45	0.2	0.14	0.22	0.99	0.44	0.95	0.18	0.31	0.68	0.01	0.22	-0.13	-0.24	0.03
Total Current Liabilities	0.28	0.95	0.98		-0.19	-0.17	0.47	0.09	-0.22	0.11	0.35	0.31	0.03	0.01	0.03	0.95	0.3	0.99	-0.01	0.16	0.53	-0.18	0.03	0.01	-0.05	-0.03
Total Stockholder Equity	0.83	0.11	-0.01	-0.19		1.0	0.64	-0.97	-0.9	0.93	0.79	0.82	0.95	0.89	0.97	0.12	0.82	-0.32	0.97	0.9	0.73	1.0	0.97	-0.85	-0.73	0.59
Net Tangible Assets	0.83	0.14	0.02	-0.17	1.0		0.65	-0.95	-0.92	0.95	0.78	0.82	0.96	0.86	0.98	0.15	0.82	-0.29	0.98	0.9	0.74	1.0	0.98	-0.82	-0.78	0.53
Current Deferred Revenue	0.8	0.67	0.59	0.47	0.64	0.65		-0.66	-0.82	0.78	0.8	0.8	0.74	0.66	0.76	0.67	0.8	0.37	0.73	0.77	0.87	0.65	0.75	-0.62	-0.6	0.4
Net Debt	-0.89	-0.2	-0.07	0.09	-0.97	-0.95	-0.66		0.88	-0.88	-0.89	-0.88	-0.94	-0.97	-0.94	-0.2	-0.89	0.21	-0.92	-0.95	-0.76	-0.97	-0.95	0.94	0.58	-0.77
Retained Earnings	-0.93	-0.5	-0.4	-0.22	-0.9	-0.92	-0.82	0.88		-0.99	-0.89	-0.93	-0.96	-0.83	-0.98	-0.51	-0.93	-0.09	-0.97	-0.94	-0.94	-0.91	-0.98	0.75	0.81	-0.45
Accounts Payable	0.88	0.41	0.3	0.11	0.93	0.95	0.78	-0.88	-0.99		0.83	0.88	0.96	0.8	0.99	0.42	0.88	-0.02	0.99	0.91	0.89	0.94	0.99	-0.74	-0.86	0.41
Cash	0.98	0.59	0.48	0.35	0.79	0.78	0.8	-0.89	-0.89	0.83		0.98	0.89	0.94	0.86	0.59	0.99	0.24	0.82	0.97	0.92	0.8	0.87	-0.86	-0.46	0.74
Cash And Short Term Investments	1.0	0.56	0.45	0.31	0.82	0.82	0.8	-0.88	-0.93	0.88	0.98		0.94	0.92	0.89	0.57	1.0	0.2	0.86	0.99	0.92	0.82	0.89	-0.79	-0.53	0.64
Common Stock Shares Outstanding	0.94	0.32	0.2	0.03	0.95	0.96	0.74	-0.94	-0.96	0.96	0.89	0.94		0.9	0.98	0.33	0.94	-0.1	0.97	0.97	0.84	0.96	0.98	-0.78	-0.7	0.54
Other Current Assets	0.93	0.27	0.14	0.01	0.89	0.86	0.66	-0.97	-0.83	0.8	0.94	0.92	0.9		0.86	0.27	0.93	-0.1	0.84	0.96	0.76	0.88	0.88	-0.93	-0.41	0.85
Other Stockholder Equity	0.9	0.33	0.22	0.03	0.97	0.98	0.76	-0.94	-0.98	0.99	0.86	0.89	0.98	0.86		0.34	0.89	-0.09	1.0	0.94	0.86	0.97	1.0	-0.81	-0.81	0.52
Total Liab	0.54	1.0	0.99	0.95	0.12	0.15	0.67	-0.2	-0.51	0.42	0.59	0.57	0.33	0.27	0.34		0.56	0.9	0.3	0.44	0.77	0.13	0.34	-0.24	-0.3	0.12
Total Current Assets	1.0	0.55	0.44	0.3	0.82	0.82	0.8	-0.89	-0.93	0.88	0.99	1.0	0.94	0.93	0.89	0.56		0.19	0.86	0.99	0.92	0.83	0.9	-0.8	-0.52	0.65
Short Term Debt	0.17	0.91	0.95	0.99	-0.32	-0.29	0.37	0.21	-0.09	-0.02	0.24	0.2	-0.1	-0.1	-0.09	0.9	0.19		-0.14	0.04	0.42	-0.3	-0.1	0.11	0.06	-0.09
Non Current Liabilities Total	0.87	0.29	0.18	-0.01	0.97	0.98	0.73	-0.92	-0.97	0.99	0.82	0.86	0.97	0.84	1.0	0.3	0.86	-0.14		0.92	0.84	0.98	1.0	-0.78	-0.83	0.47
Net Invested Capital	0.99	0.43	0.31	0.16	0.9	0.9	0.77	-0.95	-0.94	0.91	0.97	0.99	0.97	0.96	0.94	0.44	0.99	0.04	0.92		0.88	0.91	0.94	-0.84	-0.58	0.67
Short Long Term Debt	0.91	0.76	0.68	0.53	0.73	0.74	0.87	-0.76	-0.94	0.89	0.92	0.92	0.84	0.76	0.86	0.77	0.92	0.42	0.84	0.88		0.74	0.86	-0.71	-0.69	0.46
Net Working Capital	0.84	0.12	0.01	-0.18	1.0	1.0	0.65	-0.97	-0.91	0.94	0.8	0.82	0.96	0.88	0.97	0.13	0.83	-0.3	0.98	0.91	0.74		0.98	-0.84	-0.74	0.58
Other Liab	0.9	0.33	0.22	0.03	0.97	0.98	0.75	-0.95	-0.98	0.99	0.87	0.89	0.98	0.88	1.0	0.34	0.9	-0.1	1.0	0.94	0.86	0.98		-0.83	-0.79	0.54
Non Currrent Assets Other	-0.8	-0.24	-0.13	0.01	-0.85	-0.82	-0.62	0.94	0.75	-0.74	-0.86	-0.79	-0.78	-0.93	-0.81	-0.24	-0.8	0.11	-0.78	-0.84	-0.71	-0.84	-0.83		0.43	-0.9
Deferred Long Term Liab	-0.53	-0.29	-0.24	-0.05	-0.73	-0.78	-0.6	0.58	0.81	-0.86	-0.46	-0.53	-0.7	-0.41	-0.81	-0.3	-0.52	0.06	-0.83	-0.58	-0.69	-0.74	-0.79	0.43		0.01
Non Current Liabilities Other	0.65	0.13	0.03	-0.03	0.59	0.53	0.4	-0.77	-0.45	0.41	0.74	0.64	0.54	0.85	0.52	0.12	0.65	-0.09	0.47	0.67	0.46	0.58	0.54	-0.9	0.01

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

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Hillevax Depreciation vs Net Income Analysis

Depreciation vs Net Income

Depreciation vs Net Income Correlation Analysis

Correlation Coefficient

Depreciation

Net Income

Hillevax fundamental ratios Correlations

Hillevax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Net Tangible Assets

Accounts Payable	- 0.99	Retained Earnings
Other Liab	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.97	Retained Earnings
Net Working Capital	- 0.97	Net Debt
Other Current Assets	- 0.97	Net Debt