Hologic Non Operating Income Net Other vs Depreciation And Amortization Analysis

HOLX Stock  USD 72.17  0.76  1.06%   
Hologic financial indicator trend analysis is much more than just examining Hologic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hologic is a good investment. Please check the relationship between Hologic Non Operating Income Net Other 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 Hologic. 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.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.

Non Operating Income Net Other vs Depreciation And Amortization

Non Operating Income Net Other vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Non Operating Income Net Other account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hologic's Non Operating Income Net Other and Depreciation And Amortization is -0.02. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Non Operating Income Net Other 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 Non Operating Income Net Other of Hologic 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 Non Operating Income Net Other i.e., Hologic's Non Operating Income Net Other and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

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 Hologic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hologic 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 Hologic. 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.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.Selling General Administrative is likely to rise to about 494.4 M in 2025. Tax Provision is likely to rise to about 132.9 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense111.1M122.1M140.4M74.8M
Depreciation And Amortization323.4M309M355.4M373.1M

Hologic fundamental ratios Correlations

0.60.540.760.950.190.240.620.670.620.540.660.540.760.770.590.70.530.530.760.620.00.680.340.750.38
0.60.28-0.030.520.81-0.56-0.150.97-0.170.140.820.97-0.010.671.0-0.09-0.140.010.18-0.020.29-0.12-0.390.670.0
0.540.280.460.70.080.070.280.350.280.680.610.070.460.510.280.410.350.290.690.720.70.390.080.660.32
0.76-0.030.460.76-0.480.790.940.10.940.60.22-0.10.980.37-0.040.980.770.690.840.82-0.250.980.710.490.51
0.950.520.70.760.160.220.580.590.580.720.720.410.780.810.510.70.590.520.860.790.110.690.350.830.46
0.190.810.08-0.480.16-0.87-0.630.72-0.63-0.110.530.83-0.440.520.81-0.55-0.41-0.29-0.19-0.330.39-0.55-0.560.24-0.22
0.24-0.560.070.790.22-0.870.85-0.430.860.31-0.35-0.580.74-0.2-0.560.820.680.570.50.53-0.460.830.78-0.030.41
0.62-0.150.280.940.58-0.630.85-0.061.00.420.06-0.210.920.18-0.170.970.710.550.690.67-0.350.930.680.350.43
0.670.970.350.10.590.72-0.43-0.06-0.070.180.860.930.090.690.980.01-0.070.120.250.080.30.0-0.290.750.02
0.62-0.170.280.940.58-0.630.861.0-0.070.420.05-0.220.920.2-0.180.970.730.550.690.68-0.360.940.720.340.42
0.540.140.680.60.72-0.110.310.420.180.420.48-0.010.630.350.130.620.680.60.890.820.090.590.240.630.83
0.660.820.610.220.720.53-0.350.060.860.050.480.710.260.730.830.170.060.130.470.420.410.13-0.270.940.17
0.540.970.07-0.10.410.83-0.58-0.210.93-0.22-0.010.71-0.090.620.97-0.17-0.2-0.030.03-0.170.13-0.18-0.380.54-0.07
0.76-0.010.460.980.78-0.440.740.920.090.920.630.26-0.090.44-0.030.970.780.620.880.85-0.270.950.720.530.51
0.770.670.510.370.810.52-0.20.180.690.20.350.730.620.440.660.280.310.060.50.460.190.270.240.680.09
0.591.00.28-0.040.510.81-0.56-0.170.98-0.180.130.830.97-0.030.66-0.11-0.150.020.15-0.030.31-0.12-0.40.68-0.01
0.7-0.090.410.980.7-0.550.820.970.010.970.620.17-0.170.970.28-0.110.780.680.830.8-0.30.980.690.460.56
0.53-0.140.350.770.59-0.410.680.71-0.070.730.680.06-0.20.780.31-0.150.780.420.770.65-0.280.760.780.30.8
0.530.010.290.690.52-0.290.570.550.120.550.60.13-0.030.620.060.020.680.420.60.57-0.220.760.320.330.49
0.760.180.690.840.86-0.190.50.690.250.690.890.470.030.880.50.150.830.770.60.910.00.780.470.680.71
0.62-0.020.720.820.79-0.330.530.670.080.680.820.42-0.170.850.46-0.030.80.650.570.910.040.790.510.640.52
0.00.290.7-0.250.110.39-0.46-0.350.3-0.360.090.410.13-0.270.190.31-0.3-0.28-0.220.00.04-0.3-0.440.26-0.19
0.68-0.120.390.980.69-0.550.830.930.00.940.590.13-0.180.950.27-0.120.980.760.760.780.79-0.30.720.420.52
0.34-0.390.080.710.35-0.560.780.68-0.290.720.24-0.27-0.380.720.24-0.40.690.780.320.470.51-0.440.72-0.010.32
0.750.670.660.490.830.24-0.030.350.750.340.630.940.540.530.680.680.460.30.330.680.640.260.42-0.010.34
0.380.00.320.510.46-0.220.410.430.020.420.830.17-0.070.510.09-0.010.560.80.490.710.52-0.190.520.320.34
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Hologic Account Relationship Matchups

Hologic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.9B9.1B9.1B9.2B10.5B11.1B
Short Long Term Debt Total3.0B2.8B2.8B2.7B3.1B1.9B
Total Current Liabilities1.3B937.7M1.2B1.0B1.2B1.3B
Total Stockholder Equity4.2B4.9B5.0B5.1B5.9B6.2B
Property Plant And Equipment Net564.7M481.6M517M537.8M618.5M649.4M
Net Debt1.9B483.9M95.7M497.8M572.5M1.1B
Retained Earnings298.3M1.6B2.1B2.8B2.6B2.7B
Cash1.2B2.3B2.7B2.2B2.5B2.6B
Non Current Assets Total5.8B5.2B5.0B5.3B6.1B3.1B
Cash And Short Term Investments1.2B2.3B2.7B2.3B2.7B2.8B
Net Receivables942.7M617.6M625.6M600.4M690.5M725.0M
Common Stock Shares Outstanding259.7M253.8M248.8M237.6M273.2M170.5M
Liabilities And Stockholders Equity8.9B9.1B9.1B9.2B10.5B11.1B
Non Current Liabilities Total3.4B3.3B2.9B3.0B3.4B2.0B
Inventory501.2M623.7M617.6M679.8M781.8M820.9M
Other Stockholder Equity4.0B3.5B3.1B5.2B6.0B6.3B
Total Liab4.7B4.2B4.1B4.0B4.6B2.5B
Total Current Assets3.2B3.9B4.2B3.8B4.4B4.6B
Non Currrent Assets Other214.3M188.8M267.9M410.8M472.4M496.0M
Other Current Assets554.5M281.2M218.8M209.5M240.9M253.0M
Other Current Liab498.5M467.9M490.8M486.3M559.2M587.2M
Accounts Payable215.9M197.7M175.2M203.8M234.4M246.1M
Short Term Debt343.5M41.4M310.5M64.8M74.5M70.8M
Property Plant And Equipment Gross1.3B1.3B1.3B1.4B1.6B1.6B
Accumulated Other Comprehensive Income(59.1M)(238.2M)(147.6M)(111.5M)(100.4M)(95.3M)
Other Assets424.5M245.7M210.5M179M205.9M216.1M
Long Term Debt2.7B2.8B2.5B2.5B2.9B2.2B
Treasury Stock(926M)(1.6B)(2.0B)(2.5B)(2.3B)(2.2B)
Intangible Assets1.7B1.3B888.6M844.6M971.3M1.7B
Property Plant Equipment491.5M564.7M481.6M579.7M666.7M337.5M
Current Deferred Revenue198M186.5M199.2M212.9M244.8M132.4M
Good Will3.3B3.2B3.3B3.4B4.0B2.3B
Other Liab429.3M662.3M448.9M321.5M369.7M441.1M
Net Tangible Assets(1.3B)(722.2M)359.1M847M974.1M1.0B
Long Term Debt Total2.8B2.7B2.7B2.8B3.2B3.2B
Capital Surpluse5.8B5.9B6.0B6.0B6.9B6.1B

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