Hyliion Historical Financial Ratios
| HYLN Stock | USD 3.71 0.80 27.49% |
Hyliion Holdings is recently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.46 or Days Sales Outstanding of 20.64 will help investors to properly organize and evaluate Hyliion Holdings Corp financial condition quickly.
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About Hyliion Financial Ratios Analysis
Hyliion Holdings CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Hyliion Holdings investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Hyliion financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Hyliion Holdings history.
Hyliion Holdings Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hyliion Holdings Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hyliion Holdings sales, a figure that is much harder to manipulate than other Hyliion Holdings Corp 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.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Hyliion Holdings' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Hyliion Holdings Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Hyliion Holdings 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 bureau of economic analysis. At this time, Hyliion Holdings' Capex Per Share is very stable compared to the past year. As of the 22nd of November 2024, Graham Net Net is likely to grow to 1.30, while PTB Ratio is likely to drop 0.46.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.37 | 3.14 | 0.41 | 0.39 | Days Of Inventory On Hand | 15.2 | 3.08 | 3.54 | 3.36 |
Hyliion Holdings fundamentals Correlations
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Hyliion Holdings Account Relationship Matchups
High Positive Relationship
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Hyliion Holdings fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | (47.9) | 2.69 | 1.93 | 0.97 | 0.48 | 0.46 | |
| Book Value Per Share | (0.21) | 6.14 | 3.22 | 2.41 | 1.69 | 1.77 | |
| Free Cash Flow Yield | (0.0132) | (0.0135) | (0.0776) | (0.29) | (0.84) | (0.8) | |
| Capex To Depreciation | 0.34 | 0.37 | 2.69 | 2.35 | 2.11 | 1.15 | |
| Pb Ratio | (47.9) | 2.69 | 1.93 | 0.97 | 0.48 | 0.46 | |
| Free Cash Flow Per Share | (0.13) | (0.22) | (0.48) | (0.68) | (0.69) | (0.72) | |
| Roic | 8.87 | (0.0394) | (0.18) | (0.36) | (0.45) | (0.42) | |
| Net Income Per Share | (0.2) | (0.43) | (0.56) | (0.84) | (0.68) | (0.71) | |
| Cash Per Share | 0.0725 | 5.67 | 2.19 | 1.79 | 0.9 | 1.42 | |
| Pocfratio | (78.18) | (74.93) | (13.26) | (3.51) | (1.26) | (1.33) | |
| Capex To Operating Cash Flow | (0.0315) | (0.0136) | (0.0296) | (0.0247) | (0.0633) | (0.0664) | |
| Pfcf Ratio | (75.79) | (73.93) | (12.88) | (3.43) | (1.19) | (1.25) | |
| Income Quality | 0.78 | 0.59 | 0.84 | 0.76 | 0.95 | 0.65 | |
| Roe | 0.96 | (0.0697) | (0.17) | (0.35) | (0.4) | (0.38) | |
| Ev To Operating Cash Flow | (79.61) | (58.24) | (10.16) | (2.55) | (1.22) | (1.28) | |
| Pe Ratio | (49.75) | (38.52) | (11.12) | (2.78) | (1.2) | (1.25) | |
| Return On Tangible Assets | (1.27) | (0.0686) | (0.17) | (0.33) | (0.38) | (0.39) | |
| Ev To Free Cash Flow | (77.18) | (57.46) | (9.87) | (2.49) | (1.14) | (1.2) | |
| Earnings Yield | (0.0201) | (0.026) | (0.09) | (0.36) | (0.84) | (0.79) | |
| Intangibles To Total Assets | 0.0304 | 5.1E-4 | 4.06E-4 | 4.48E-4 | 5.15E-4 | 4.89E-4 | |
| Net Debt To E B I T D A | (1.86) | (1.16) | 2.62 | 0.71 | 0.0428 | 0.0407 | |
| Current Ratio | 0.55 | 130.63 | 25.37 | 22.08 | 12.02 | 11.41 | |
| Tangible Book Value Per Share | (0.21) | 6.13 | 3.22 | 2.41 | 1.69 | 1.76 | |
| Graham Number | 0.97 | 7.69 | 6.35 | 6.76 | 5.09 | 3.58 | |
| Shareholders Equity Per Share | (0.21) | 6.14 | 3.22 | 2.41 | 1.69 | 1.77 | |
| Debt To Equity | (0.91) | 0.002565 | 3.8E-5 | 8.19E-4 | 0.002766 | 0.002627 | |
| Capex Per Share | 0.004028 | 0.002981 | 0.0138 | 0.0164 | 0.0408 | 0.0428 | |
| Graham Net Net | (0.3) | 5.57 | 2.05 | 1.66 | 0.78 | 1.3 | |
| Interest Debt Per Share | 0.23 | 0.0681 | 1.22E-4 | 0.001978 | 0.004669 | 0.004436 | |
| Debt To Assets | 1.16 | 0.002523 | 3.6E-5 | 7.77E-4 | 0.002579 | 0.00245 | |
| Enterprise Value Over E B I T D A | (103.54) | 4.03 | (8.59) | (1.89) | (1.16) | (1.22) | |
| Short Term Coverage Ratios | (1.65) | (29.3) | (3.8K) | (336.82) | (138.09) | (144.99) | |
| Price Earnings Ratio | (49.75) | (38.52) | (11.12) | (2.78) | (1.2) | (1.25) | |
| Price Book Value Ratio | (47.9) | 2.69 | 1.93 | 0.97 | 0.48 | 0.46 |
Pair Trading with Hyliion Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hyliion Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hyliion Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Hyliion Stock
Moving against Hyliion Stock
| 0.82 | PITA | Heramba Electric plc | PairCorr |
| 0.81 | RUN | Sunrun Inc | PairCorr |
| 0.8 | WPRT | Westport Fuel Systems | PairCorr |
| 0.79 | SLDPW | Solid Power | PairCorr |
| 0.65 | SLDP | Solid Power | PairCorr |
The ability to find closely correlated positions to Hyliion Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyliion Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hyliion Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hyliion Holdings Corp to buy it.
The correlation of Hyliion Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hyliion Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyliion Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hyliion Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyliion Holdings 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 bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Industrial Machinery & Supplies & Components 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 Hyliion Holdings. If investors know Hyliion 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 Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.001 | Quarterly Revenue Growth (1.00) | Return On Assets (0.16) | Return On Equity (0.27) |
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion 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 Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion 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 Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion 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.