| HY Stock | | | USD 57.37 0.58 1.02% |
Hyster Yale financial indicator trend analysis is much more than just examining Hyster Yale Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyster Yale Materials is a good investment. Please check the relationship between Hyster Yale Long Term Debt and its Short Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyster Yale Materials Handling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Long Term Debt vs Short Long Term Debt
Long Term Debt vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hyster Yale Materials Long Term Debt account and
Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hyster Yale's Long Term Debt and Short Long Term Debt is 0.58. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Hyster Yale Materials Handling, assuming nothing else is changed. The correlation between historical values of Hyster Yale's Long Term Debt and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Hyster Yale Materials Handling are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt i.e., Hyster Yale's Long Term Debt and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Hyster Yale Materials has held for over one year. Long-term debt appears on Hyster Yale Materials Handling balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hyster Yale Materials Handling balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Hyster Yale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyster Yale Materials 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 Hyster Yale Materials Handling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Tax Provision is likely to rise to about 44.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 388
M in 2024.
Hyster Yale fundamental ratios Correlations
Click cells to compare fundamentals
Hyster Yale Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hyster Yale fundamental ratios Accounts
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