Hancock Income Tax Expense vs Income Before Tax Analysis
HWC Stock | USD 61.04 1.07 1.78% |
Hancock Whitney financial indicator trend analysis is much more than just examining Hancock Whitney Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hancock Whitney Corp is a good investment. Please check the relationship between Hancock Whitney Income Tax Expense and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hancock Whitney Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Hancock Stock refer to our How to Trade Hancock Stock guide.
Income Tax Expense vs Income Before Tax
Income Tax Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hancock Whitney Corp Income Tax Expense account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hancock Whitney's Income Tax Expense and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Hancock Whitney Corp, assuming nothing else is changed. The correlation between historical values of Hancock Whitney's Income Tax Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Hancock Whitney Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Income Tax Expense i.e., Hancock Whitney's Income Tax Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Tax Expense
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hancock Whitney income statement and is an important metric when analyzing Hancock Whitney Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Hancock Whitney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hancock Whitney Corp 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 Hancock Whitney Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Hancock Stock refer to our How to Trade Hancock Stock guide.At present, Hancock Whitney's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 49.0M | 87.1M | 522.9M | 549.0M | Depreciation And Amortization | 45.8M | 45.6M | 46.3M | 48.6M |
Hancock Whitney fundamental ratios Correlations
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Hancock Whitney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hancock Whitney fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.6B | 33.6B | 36.5B | 35.2B | 35.6B | 37.4B | |
Short Long Term Debt Total | 2.9B | 2.0B | 1.9B | 2.1B | 1.5B | 1.6B | |
Other Current Liab | (2.7B) | (1.7B) | (1.7B) | (1.9B) | (1.2B) | (1.1B) | |
Total Current Liabilities | 2.7B | 1.7B | 1.7B | 1.9B | 12.3B | 12.9B | |
Total Stockholder Equity | 3.5B | 3.4B | 3.7B | 3.3B | 3.8B | 4.0B | |
Property Plant And Equipment Net | 490.2M | 491.2M | 452.5M | 425.5M | 407.4M | 229.8M | |
Net Debt | 2.4B | 186.2M | (2.3B) | 1.2B | 328.9M | 345.4M | |
Retained Earnings | 1.5B | 1.3B | 1.7B | 2.1B | 2.4B | 2.5B | |
Cash | 542.1M | 1.9B | 4.2B | 887.8M | 1.2B | 646.5M | |
Non Current Assets Total | 7.8B | 10.1B | 13.8B | 9.8B | 41.0B | 43.0B | |
Non Currrent Assets Other | (110.5M) | (166.5M) | (126.5M) | (444.6M) | (9.3B) | (8.8B) | |
Other Assets | 22.1B | 20.1B | 14.5B | 18.7B | (13.0B) | (12.3B) | |
Cash And Short Term Investments | 652.3M | 3.2B | 8.1B | 6.4B | 6.1B | 6.4B | |
Net Receivables | 92.0M | 205.6M | 225.0M | 166.9M | 214.9M | 225.7M | |
Common Stock Shares Outstanding | 86.6M | 86.5M | 87.0M | 86.4M | 86.4M | 54.5M | |
Liabilities And Stockholders Equity | 30.6B | 33.6B | 36.5B | 35.2B | 35.6B | 37.4B | |
Non Current Liabilities Total | 271.2M | 427.7M | 263.7M | 1.9B | 30.6B | 32.2B | |
Other Stockholder Equity | 1.7B | 1.8B | 1.8B | 1.7B | 1.7B | 1.8B | |
Total Liab | 27.1B | 30.2B | 32.9B | 31.8B | 31.8B | 33.4B | |
Property Plant And Equipment Gross | 490.2M | 491.2M | 767.0M | 773.8M | 782.0M | 821.1M | |
Total Current Assets | 744.3M | 3.4B | 8.3B | 6.6B | 7.6B | 6.7B | |
Short Term Debt | 2.7B | 1.7B | 1.7B | 1.9B | 1.2B | 1.1B | |
Accumulated Other Comprehensive Income | (54.7M) | 80.1M | (53.9M) | (772.2M) | (621.1M) | (590.1M) | |
Other Current Assets | 705.3M | 2.0B | 4.4B | 1.1B | 1.5B | 1.4B | |
Common Stock | 2.0B | 2.1B | 2.1B | 2.0B | 309.5M | 294.0M | |
Other Liab | 222.2M | 455.9M | 485.7M | 327.0M | 376.1M | 195.8M | |
Accounts Payable | 10.2M | 4.3M | 3.1M | 9.9M | 45M | 42.8M | |
Long Term Debt | 233.5M | 378.3M | 244.2M | 242.1M | 236.3M | 209.3M | |
Short Term Investments | 110.2M | 1.3B | 3.8B | 324.1M | 4.9B | 5.2B | |
Inventory | (705.3M) | (2.0B) | (4.4B) | (1.1B) | (5.6B) | (5.4B) | |
Intangible Assets | 106.8M | 86.9M | 70.2M | 56.2M | 44.6M | 87.3M | |
Property Plant Equipment | 380.2M | 380.5M | 350.3M | 425.5M | 489.3M | 309.6M | |
Net Tangible Assets | 2.5B | 2.5B | 2.7B | 2.4B | 2.8B | 2.2B | |
Retained Earnings Total Equity | 1.2B | 1.5B | 1.3B | 1.7B | 1.9B | 1.1B | |
Long Term Debt Total | 225.0M | 233.5M | 378.3M | 244.2M | 280.9M | 347.6M | |
Capital Surpluse | 1.7B | 1.7B | 1.8B | 1.8B | 2.0B | 1.7B |
Also Currently Popular
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 Hancock Whitney Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hancock Whitney's 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 Hancock Whitney Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hancock Whitney Corp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hancock Whitney Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Hancock Stock refer to our How to Trade Hancock Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional 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 Hancock Whitney. If investors know Hancock 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 Hancock Whitney 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 0.188 | Dividend Share 1.4 | Earnings Share 4.46 | Revenue Per Share 15.354 | Quarterly Revenue Growth 0.069 |
The market value of Hancock Whitney Corp is measured differently than its book value, which is the value of Hancock that is recorded on the company's balance sheet. Investors also form their own opinion of Hancock Whitney's value that differs from its market value or its book value, called intrinsic value, which is Hancock Whitney's 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 Hancock Whitney's market value can be influenced by many factors that don't directly affect Hancock Whitney's 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 Hancock Whitney's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hancock Whitney is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hancock Whitney's 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.