Hornby Ebit vs Operating Income Analysis

HRN Stock

22.00 4.00 15.38%

Hornby PLC financial indicator trend analysis is much more than just examining Hornby PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hornby PLC is a good investment. Please check the relationship between Hornby PLC Ebit and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hornby PLC. 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 Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hornby PLC Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hornby PLC's Ebit and Operating Income is 0.95. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hornby PLC, assuming nothing else is changed. The correlation between historical values of Hornby PLC's Ebit and Operating 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 Ebit of Hornby PLC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Hornby PLC's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Hornby PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hornby PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Hornby PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hornby PLC 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 Hornby PLC. 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.

The current year's Tax Provision is expected to grow to about 3.5 M, whereas Selling General Administrative is forecasted to decline to about 6.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	358K	843K	1.7M	388K
Depreciation And Amortization	2.9M	3.8M	5.0M	1.5M

Interest Expense Depreciation And Amortization

Hornby PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments
Total Assets		0.66	-0.07	0.66	0.84	0.74	-0.36	0.49	0.09	0.63	0.24	0.96	0.43	0.24	-0.17	0.06	0.68	0.88	-0.13	0.22	0.74	0.46	0.96	0.57	0.26	-0.23
Short Long Term Debt Total	0.66		0.26	0.96	0.17	0.8	-0.06	0.94	-0.06	0.37	-0.29	0.59	0.24	-0.29	-0.42	0.07	0.46	0.77	-0.15	0.0	0.96	0.6	0.67	0.68	0.13	-0.3
Other Current Liab	-0.07	0.26		0.32	-0.33	-0.11	-0.27	0.31	0.28	0.27	-0.3	-0.04	0.31	-0.3	0.03	-0.4	0.02	-0.06	-0.27	-0.06	0.29	-0.39	-0.09	-0.5	-0.38	0.04
Total Current Liabilities	0.66	0.96	0.32		0.15	0.78	-0.18	0.95	0.15	0.55	-0.4	0.63	0.44	-0.4	-0.55	-0.11	0.39	0.68	0.01	-0.02	0.98	0.49	0.64	0.65	-0.08	-0.44
Total Stockholder Equity	0.84	0.17	-0.33	0.15		0.39	-0.29	-0.04	0.03	0.44	0.58	0.82	0.31	0.58	0.16	0.11	0.51	0.64	-0.07	0.37	0.25	0.22	0.79	0.29	0.36	0.02
Property Plant And Equipment Net	0.74	0.8	-0.11	0.78	0.39		-0.2	0.71	-0.15	0.34	-0.02	0.68	0.07	-0.02	-0.45	0.31	0.6	0.85	-0.23	-0.25	0.83	0.83	0.75	0.8	0.33	-0.57
Current Deferred Revenue	-0.36	-0.06	-0.27	-0.18	-0.29	-0.2		-0.03	-0.47	-0.78	-0.12	-0.41	-0.47	-0.12	0.25	0.33	-0.48	-0.19	0.2	0.13	-0.27	0.07	-0.27	0.09	0.29	0.29
Net Debt	0.49	0.94	0.31	0.95	-0.04	0.71	-0.03		0.07	0.39	-0.59	0.44	0.31	-0.59	-0.58	-0.05	0.3	0.6	-0.01	-0.07	0.92	0.51	0.5	0.64	-0.07	-0.42
Retained Earnings	0.09	-0.06	0.28	0.15	0.03	-0.15	-0.47	0.07		0.69	-0.32	0.23	0.77	-0.32	-0.51	-0.9	-0.11	-0.28	0.46	-0.13	0.11	-0.53	-0.07	-0.16	-0.91	-0.25
Accounts Payable	0.63	0.37	0.27	0.55	0.44	0.34	-0.78	0.39	0.69		-0.16	0.7	0.86	-0.16	-0.49	-0.57	0.36	0.35	0.19	0.14	0.57	-0.05	0.51	0.19	-0.47	-0.36
Cash	0.24	-0.29	-0.3	-0.4	0.58	-0.02	-0.12	-0.59	-0.32	-0.16		0.2	-0.28	1.0	0.62	0.37	0.36	0.18	-0.37	0.07	-0.28	0.0	0.27	-0.15	0.54	0.35
Non Current Assets Total	0.96	0.59	-0.04	0.63	0.82	0.68	-0.41	0.44	0.23	0.7	0.2		0.53	0.2	-0.2	-0.06	0.58	0.78	-0.05	0.27	0.69	0.34	0.86	0.52	0.13	-0.21
Non Currrent Assets Other	0.43	0.24	0.31	0.44	0.31	0.07	-0.47	0.31	0.77	0.86	-0.28	0.53		-0.28	-0.38	-0.75	-0.05	0.08	0.48	0.29	0.38	-0.33	0.3	0.04	-0.63	-0.25
Cash And Short Term Investments	0.24	-0.29	-0.3	-0.4	0.58	-0.02	-0.12	-0.59	-0.32	-0.16	1.0	0.2	-0.28		0.62	0.37	0.36	0.18	-0.37	0.07	-0.28	0.0	0.27	-0.15	0.54	0.35
Common Stock Total Equity	-0.17	-0.42	0.03	-0.55	0.16	-0.45	0.25	-0.58	-0.51	-0.49	0.62	-0.2	-0.38	0.62		0.35	-0.05	-0.14	-0.36	0.34	-0.5	-0.35	-0.14	-0.54	0.53	0.65
Common Stock Shares Outstanding	0.06	0.07	-0.4	-0.11	0.11	0.31	0.33	-0.05	-0.9	-0.57	0.37	-0.06	-0.75	0.37	0.35		0.31	0.41	-0.55	-0.01	-0.03	0.64	0.18	0.27	0.89	0.05
Non Current Liabilities Total	0.68	0.46	0.02	0.39	0.51	0.6	-0.48	0.3	-0.11	0.36	0.36	0.58	-0.05	0.36	-0.05	0.31		0.75	-0.67	-0.2	0.57	0.46	0.73	0.33	0.35	-0.19
Inventory	0.88	0.77	-0.06	0.68	0.64	0.85	-0.19	0.6	-0.28	0.35	0.18	0.78	0.08	0.18	-0.14	0.41	0.75		-0.4	0.11	0.77	0.73	0.93	0.63	0.53	-0.23
Other Current Assets	-0.13	-0.15	-0.27	0.01	-0.07	-0.23	0.2	-0.01	0.46	0.19	-0.37	-0.05	0.48	-0.37	-0.36	-0.55	-0.67	-0.4		0.24	-0.14	-0.26	-0.21	0.17	-0.52	-0.12
Other Stockholder Equity	0.22	0.0	-0.06	-0.02	0.37	-0.25	0.13	-0.07	-0.13	0.14	0.07	0.27	0.29	0.07	0.34	-0.01	-0.2	0.11	0.24		-0.06	-0.15	0.15	-0.05	0.2	0.52
Total Liab	0.74	0.96	0.29	0.98	0.25	0.83	-0.27	0.92	0.11	0.57	-0.28	0.69	0.38	-0.28	-0.5	-0.03	0.57	0.77	-0.14	-0.06		0.54	0.73	0.65	0.01	-0.44
Property Plant And Equipment Gross	0.46	0.6	-0.39	0.49	0.22	0.83	0.07	0.51	-0.53	-0.05	0.0	0.34	-0.33	0.0	-0.35	0.64	0.46	0.73	-0.26	-0.15	0.54		0.55	0.8	0.6	-0.38
Total Current Assets	0.96	0.67	-0.09	0.64	0.79	0.75	-0.27	0.5	-0.07	0.51	0.27	0.86	0.3	0.27	-0.14	0.18	0.73	0.93	-0.21	0.15	0.73	0.55		0.58	0.37	-0.25
Short Term Debt	0.57	0.68	-0.5	0.65	0.29	0.8	0.09	0.64	-0.16	0.19	-0.15	0.52	0.04	-0.15	-0.54	0.27	0.33	0.63	0.17	-0.05	0.65	0.8	0.58		0.26	-0.42
Common Stock	0.26	0.13	-0.38	-0.08	0.36	0.33	0.29	-0.07	-0.91	-0.47	0.54	0.13	-0.63	0.54	0.53	0.89	0.35	0.53	-0.52	0.2	0.01	0.6	0.37	0.26		0.23
Short Term Investments	-0.23	-0.3	0.04	-0.44	0.02	-0.57	0.29	-0.42	-0.25	-0.36	0.35	-0.21	-0.25	0.35	0.65	0.05	-0.19	-0.23	-0.12	0.52	-0.44	-0.38	-0.25	-0.42	0.23

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Hornby PLC Account Relationship Matchups

Hornby PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.7M	48.9M	53.8M	54.2M	55.1M	22.1M
Short Long Term Debt Total	2.6M	2.8M	3.1M	9.3M	18.1M	1.1M
Other Current Liab	2.7M	2.5M	2.4M	(13.8M)	5.8M	4.4M
Total Current Liabilities	5.3M	8.0M	7.9M	15.8M	27.3M	6.9M
Total Stockholder Equity	37.0M	38.3M	43.1M	36.0M	24.3M	14.8M
Property Plant And Equipment Net	6.7M	9.4M	12.6M	14.1M	16.8M	6.5M
Net Debt	(3.3M)	(1.9M)	(1.1M)	8.0M	17.0M	444K
Retained Earnings	(17.6M)	(15.5M)	(11.7M)	(18.0M)	(30.1M)	8.6M
Accounts Payable	2.5M	2.8M	3.9M	4.2M	4.5M	2.5M
Cash	704K	5.9M	4.7M	4.1M	1.3M	1.1M
Non Current Assets Total	17.9M	21.7M	23.9M	22.4M	23.3M	7.2M
Non Currrent Assets Other	1.7M	2.6M	1.8M	(1K)	2.7M	75K
Cash And Short Term Investments	704K	5.9M	4.7M	4.1M	1.3M	1.1M
Liabilities And Stockholders Equity	44.7M	48.9M	53.8M	54.2M	55.1M	22.1M
Non Current Liabilities Total	2.4M	2.6M	2.8M	2.4M	3.5M	439K
Inventory	14.2M	15.2M	16.5M	21.3M	21.5M	5.8M
Other Current Assets	1.5M	999K	9.3M	2.0M	1.8M	8.4M
Other Stockholder Equity	98.8M	101.7M	52.9M	52.9M	52.8M	5.8M
Total Liab	7.7M	10.6M	10.7M	18.2M	30.8M	7.3M
Property Plant And Equipment Gross	6.7M	9.4M	82.9M	87.6M	94.6M	6.5M
Total Current Assets	26.8M	27.1M	29.9M	31.8M	31.9M	14.9M
Short Term Debt	384K	365K	17.0M	7.2M	15.8M	687K
Accumulated Other Comprehensive Income	57.0K	(727K)	306K	(465K)	(101.0K)	(106.0K)
Net Receivables	5.1M	6.3M	7.1M	7.2M	7.5M	9.1M
Intangible Assets	2.8M	3.0M	3.2M	3.0M	2.7M	3.2M
Property Plant Equipment	3.8M	6.7M	9.4M	12.6M	14.5M	8.0M
Net Tangible Assets	18.0M	29.6M	30.7M	35.3M	40.6M	26.7M
Net Invested Capital	37.0M	38.3M	43.4M	42.9M	39.8M	40.9M
Net Working Capital	21.5M	19.1M	22.0M	16.0M	4.6M	4.4M

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Other Information on Investing in Hornby Stock

Balance Sheet is a snapshot of the financial position of Hornby PLC at a specified time, usually calculated after every quarter, six months, or one year. Hornby PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hornby PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hornby currently owns. An asset can also be divided into two categories, current and non-current.

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Hornby Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

Hornby PLC fundamental ratios Correlations

Hornby PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hornby PLC fundamental ratios Accounts

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Other Information on Investing in Hornby Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Current Liabilities
Non Current Assets Total	+ 0.96	Total Assets
Total Current Assets	+ 0.96	Total Assets
Total Current Liabilities	+ 0.96	Short Long Term Debt Total
Total Liab	+ 0.96	Short Long Term Debt Total

Common Stock	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Accounts Payable	- 0.78	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.75	Non Currrent Assets Other
Other Current Assets	- 0.67	Non Current Liabilities Total
Common Stock	- 0.63	Non Currrent Assets Other