Hillevax Gross Profit vs Depreciation And Amortization 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 Gross Profit and its Depreciation And Amortization 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.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillevax Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hillevax's Gross Profit and Depreciation And Amortization is -0.66. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Hillevax, assuming nothing else is changed. The correlation between historical values of Hillevax's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Hillevax are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Hillevax's Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hillevax minus its cost of goods sold. It is profit before Hillevax operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Expense2.8M3.4M2.4M1.9M
Depreciation And Amortization3K2.3M879K1.1M

Hillevax fundamental ratios Correlations

0.540.420.280.830.830.8-0.89-0.930.880.981.00.940.930.90.541.00.170.870.990.910.840.9-0.8-0.530.65
0.540.990.950.110.140.67-0.2-0.50.410.590.560.320.270.331.00.550.910.290.430.760.120.33-0.24-0.290.13
0.420.990.98-0.010.020.59-0.07-0.40.30.480.450.20.140.220.990.440.950.180.310.680.010.22-0.13-0.240.03
0.280.950.98-0.19-0.170.470.09-0.220.110.350.310.030.010.030.950.30.99-0.010.160.53-0.180.030.01-0.05-0.03
0.830.11-0.01-0.191.00.64-0.97-0.90.930.790.820.950.890.970.120.82-0.320.970.90.731.00.97-0.85-0.730.59
0.830.140.02-0.171.00.65-0.95-0.920.950.780.820.960.860.980.150.82-0.290.980.90.741.00.98-0.82-0.780.53
0.80.670.590.470.640.65-0.66-0.820.780.80.80.740.660.760.670.80.370.730.770.870.650.75-0.62-0.60.4
-0.89-0.2-0.070.09-0.97-0.95-0.660.88-0.88-0.89-0.88-0.94-0.97-0.94-0.2-0.890.21-0.92-0.95-0.76-0.97-0.950.940.58-0.77
-0.93-0.5-0.4-0.22-0.9-0.92-0.820.88-0.99-0.89-0.93-0.96-0.83-0.98-0.51-0.93-0.09-0.97-0.94-0.94-0.91-0.980.750.81-0.45
0.880.410.30.110.930.950.78-0.88-0.990.830.880.960.80.990.420.88-0.020.990.910.890.940.99-0.74-0.860.41
0.980.590.480.350.790.780.8-0.89-0.890.830.980.890.940.860.590.990.240.820.970.920.80.87-0.86-0.460.74
1.00.560.450.310.820.820.8-0.88-0.930.880.980.940.920.890.571.00.20.860.990.920.820.89-0.79-0.530.64
0.940.320.20.030.950.960.74-0.94-0.960.960.890.940.90.980.330.94-0.10.970.970.840.960.98-0.78-0.70.54
0.930.270.140.010.890.860.66-0.97-0.830.80.940.920.90.860.270.93-0.10.840.960.760.880.88-0.93-0.410.85
0.90.330.220.030.970.980.76-0.94-0.980.990.860.890.980.860.340.89-0.091.00.940.860.971.0-0.81-0.810.52
0.541.00.990.950.120.150.67-0.2-0.510.420.590.570.330.270.340.560.90.30.440.770.130.34-0.24-0.30.12
1.00.550.440.30.820.820.8-0.89-0.930.880.991.00.940.930.890.560.190.860.990.920.830.9-0.8-0.520.65
0.170.910.950.99-0.32-0.290.370.21-0.09-0.020.240.2-0.1-0.1-0.090.90.19-0.140.040.42-0.3-0.10.110.06-0.09
0.870.290.18-0.010.970.980.73-0.92-0.970.990.820.860.970.841.00.30.86-0.140.920.840.981.0-0.78-0.830.47
0.990.430.310.160.90.90.77-0.95-0.940.910.970.990.970.960.940.440.990.040.920.880.910.94-0.84-0.580.67
0.910.760.680.530.730.740.87-0.76-0.940.890.920.920.840.760.860.770.920.420.840.880.740.86-0.71-0.690.46
0.840.120.01-0.181.01.00.65-0.97-0.910.940.80.820.960.880.970.130.83-0.30.980.910.740.98-0.84-0.740.58
0.90.330.220.030.970.980.75-0.95-0.980.990.870.890.980.881.00.340.9-0.11.00.940.860.98-0.83-0.790.54
-0.8-0.24-0.130.01-0.85-0.82-0.620.940.75-0.74-0.86-0.79-0.78-0.93-0.81-0.24-0.80.11-0.78-0.84-0.71-0.84-0.830.43-0.9
-0.53-0.29-0.24-0.05-0.73-0.78-0.60.580.81-0.86-0.46-0.53-0.7-0.41-0.81-0.3-0.520.06-0.83-0.58-0.69-0.74-0.790.430.01
0.650.130.03-0.030.590.530.4-0.77-0.450.410.740.640.540.850.520.120.65-0.090.470.670.460.580.54-0.90.01
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Hillevax Account Relationship Matchups

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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.