Hologic Reconciled Depreciation vs Interest Income 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 Reconciled Depreciation and its Interest Income 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.

Reconciled Depreciation vs Interest Income

Reconciled Depreciation vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Reconciled Depreciation account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hologic's Reconciled Depreciation and Interest Income is -0.07. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Income in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Reconciled Depreciation and Interest 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 Reconciled Depreciation of Hologic are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Reconciled Depreciation i.e., Hologic's Reconciled Depreciation and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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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