HSBC Price To Sales Ratio vs Income Quality Analysis
HSBC Stock | USD 46.68 0.36 0.78% |
HSBC Holdings financial indicator trend analysis is much more than just examining HSBC Holdings PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HSBC Holdings PLC is a good investment. Please check the relationship between HSBC Holdings Price To Sales Ratio and its Income Quality accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings 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 labor statistics.
Price To Sales Ratio vs Income Quality
Price To Sales Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HSBC Holdings PLC Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HSBC Holdings' Price To Sales Ratio and Income Quality is -0.21. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of HSBC Holdings PLC, assuming nothing else is changed. The correlation between historical values of HSBC Holdings' Price To Sales Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of HSBC Holdings PLC are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., HSBC Holdings' Price To Sales Ratio and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing HSBC Holdings PLC stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on HSBC Holdings sales, a figure that is much harder to manipulate than other HSBC Holdings PLC multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most indicators from HSBC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HSBC Holdings 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 HSBC Holdings 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 labor statistics. At present, HSBC Holdings' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.92, whereas Tax Provision is forecasted to decline to about 3.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Income Tax Expense | 4.2B | 858M | 5.8B | 3.2B | Income Before Tax | 18.9B | 17.5B | 30.3B | 31.9B |
HSBC Holdings fundamental ratios Correlations
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HSBC Holdings Account Relationship Matchups
High Positive Relationship
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HSBC Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7T | 3.0T | 3.0T | 3.0T | 3.0T | 1.7T | |
Short Long Term Debt Total | 572.7B | 117.4B | 99.0B | 100.4B | 235.2B | 156.5B | |
Total Stockholder Equity | 184.0B | 196.4B | 198.3B | 187.5B | 185.3B | 109.2B | |
Property Plant And Equipment Net | 14.7B | 14.4B | 13.2B | 12.6B | 12.9B | 13.6B | |
Net Debt | (29.9B) | (191.1B) | (308.1B) | (233.9B) | (305.9B) | (290.6B) | |
Cash | 159.1B | 308.6B | 407.2B | 334.3B | 305.9B | 321.2B | |
Non Current Assets Total | 1.1T | 1.2T | 1.0T | 1.0T | 3.1T | 3.2T | |
Non Currrent Assets Other | (4.6B) | (4.5B) | (4.6B) | (38.4B) | 2.0T | 2.1T | |
Other Assets | 1.3T | 1.5T | 1.5T | 1.6T | (362.1B) | (344.0B) | |
Cash And Short Term Investments | 159.1B | 308.6B | 407.2B | 350.1B | 305.9B | 321.2B | |
Common Stock Shares Outstanding | 4.0B | 4.0B | 4.1B | 4.0B | 3.9B | 3.0B | |
Liabilities And Stockholders Equity | 2.7T | 3.0T | 3.0T | 3.0T | 3.0T | 1.7T | |
Non Current Liabilities Total | 129.2B | 117.4B | 99.0B | 2.6T | 235.2B | 223.4B | |
Total Liab | 129.2B | 117.4B | 99.0B | 2.8T | 2.8T | 3.0T | |
Total Current Assets | 295.7B | 318.9B | 407.2B | 350.1B | 319.8B | 335.8B | |
Retained Earnings | 136.7B | 140.6B | 144.5B | 152.1B | 152.1B | 104.8B | |
Net Receivables | 136.7B | 10.3B | 970M | 1.2B | 1.4B | 1.3B | |
Other Stockholder Equity | 34.8B | 14.3B | 43.5B | 14.7B | 23.6B | 34.4B | |
Common Stock | 10.3B | 10.3B | 10.3B | 10.1B | 9.6B | 8.5B | |
Other Liab | 155.5B | 170.0B | 176.9B | 172.6B | 155.3B | 292.1B | |
Accounts Payable | 19.2B | 17.4B | 19.7B | 24.9B | 35.7B | 33.9B | |
Intangible Assets | 14.6B | 14.6B | 15.6B | 17.2B | 8.2B | 11.3B | |
Property Plant Equipment | 14.7B | 14.4B | 13.2B | 12.6B | 11.3B | 10.4B | |
Short Term Investments | 254.5B | 244.6B | (30.5B) | (30.9B) | (35.5B) | (33.7B) | |
Total Current Liabilities | 118.2B | 128.6K | 123.8B | 133.2B | 244.8B | 257.0B | |
Common Stock Total Equity | 10.2B | 10.2B | 10.3B | 10.3B | 11.9B | 9.0B | |
Other Current Assets | 486.6B | 8.1B | 8.2B | 10.3B | 13.9B | 13.2B | |
Property Plant And Equipment Gross | 14.7B | 14.4B | 13.2B | 12.6B | 12.9B | 10.4B | |
Good Will | 5.6B | 5.9B | 5.0B | 4.2B | 4.3B | 4.1B | |
Other Current Liab | (319.0B) | (690M) | (124.5B) | (15.4B) | 242.0B | 254.1B | |
Net Tangible Assets | 142.9B | 153.6B | 155.2B | 166.2B | 191.1B | 163.2B | |
Long Term Investments | 976.5B | 1.1T | 940.9B | 1.0T | 1.1T | 942.1B | |
Short Term Debt | 299.9B | 264.7B | 267.5B | 246.9B | 310.1B | 205.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether HSBC Holdings PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HSBC Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hsbc Holdings Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hsbc Holdings Plc Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings 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 labor statistics. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HSBC Holdings. If investors know HSBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HSBC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.167 | Dividend Share 0.61 | Earnings Share 6.1 | Revenue Per Share 3.885 | Quarterly Revenue Growth 0.061 |
The market value of HSBC Holdings PLC is measured differently than its book value, which is the value of HSBC that is recorded on the company's balance sheet. Investors also form their own opinion of HSBC Holdings' value that differs from its market value or its book value, called intrinsic value, which is HSBC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HSBC Holdings' market value can be influenced by many factors that don't directly affect HSBC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HSBC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if HSBC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HSBC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.