Hillenbrand Deferred Long Term Liab vs Accounts Payable Analysis

HI Stock  USD 49.41  0.96  1.98%   
Hillenbrand financial indicator trend analysis is much more than just examining Hillenbrand latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillenbrand is a good investment. Please check the relationship between Hillenbrand Deferred Long Term Liab and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hillenbrand's Deferred Long Term Liab and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Hillenbrand are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Hillenbrand's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Hillenbrand obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hillenbrand are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hillenbrand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillenbrand 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 Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.The Hillenbrand's current Discontinued Operations is estimated to increase to about 558.6 M, while Selling General Administrative is projected to decrease to under 204.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit954.6M948.2M853.4M619.4M
Total Revenue2.9B2.8B3.2B1.7B

Hillenbrand fundamental ratios Correlations

0.940.870.950.950.210.760.870.410.460.950.910.40.90.770.890.910.880.90.840.460.460.960.830.890.92
0.940.890.920.870.050.760.770.250.340.880.890.280.930.840.890.880.940.780.850.340.340.940.880.910.93
0.870.890.960.72-0.270.850.55-0.060.10.750.97-0.050.960.960.920.980.940.640.990.570.570.90.970.990.91
0.950.920.960.84-0.070.810.680.140.220.830.950.140.960.90.90.980.940.80.930.490.490.940.950.960.97
0.950.870.720.840.430.630.970.610.640.990.790.610.760.590.80.790.750.920.690.390.390.880.670.760.81
0.210.05-0.27-0.070.43-0.230.610.970.710.39-0.140.93-0.23-0.44-0.11-0.15-0.220.5-0.28-0.16-0.160.1-0.35-0.22-0.09
0.760.760.850.810.63-0.230.51-0.040.320.670.87-0.050.850.830.910.830.80.480.830.670.670.70.80.860.77
0.870.770.550.680.970.610.510.770.780.960.660.740.610.410.690.620.60.880.530.350.350.770.480.60.67
0.410.25-0.060.140.610.97-0.040.770.780.580.080.96-0.01-0.240.110.06-0.010.66-0.06-0.04-0.040.3-0.150.010.1
0.460.340.10.220.640.710.320.780.780.670.270.690.18-0.010.410.160.140.470.070.340.340.26-0.020.150.21
0.950.880.750.830.990.390.670.960.580.670.830.570.780.620.840.80.760.880.730.480.480.880.670.780.8
0.910.890.970.950.79-0.140.870.660.080.270.830.060.960.910.950.960.910.690.960.680.680.910.910.970.91
0.40.28-0.050.140.610.93-0.050.740.960.690.570.060.0-0.240.080.070.020.67-0.04-0.11-0.110.33-0.120.030.13
0.90.930.960.960.76-0.230.850.61-0.010.180.780.960.00.960.940.940.990.650.930.510.510.890.970.970.97
0.770.840.960.90.59-0.440.830.41-0.24-0.010.620.91-0.240.960.880.910.940.490.920.520.520.80.970.930.9
0.890.890.920.90.8-0.110.910.690.110.410.840.950.080.940.880.90.910.620.890.60.610.820.870.940.89
0.910.880.980.980.79-0.150.830.620.060.160.80.960.070.940.910.90.910.750.970.560.560.930.950.970.92
0.880.940.940.940.75-0.220.80.6-0.010.140.760.910.020.990.940.910.910.650.90.380.380.880.970.960.98
0.90.780.640.80.920.50.480.880.660.470.880.690.670.650.490.620.750.650.630.260.260.880.610.670.74
0.840.850.990.930.69-0.280.830.53-0.060.070.730.96-0.040.930.920.890.970.90.630.580.580.890.940.970.87
0.460.340.570.490.39-0.160.670.35-0.040.340.480.68-0.110.510.520.60.560.380.260.581.00.410.430.510.38
0.460.340.570.490.39-0.160.670.35-0.040.340.480.68-0.110.510.520.610.560.380.260.581.00.420.430.510.39
0.960.940.90.940.880.10.70.770.30.260.880.910.330.890.80.820.930.880.880.890.410.420.870.90.91
0.830.880.970.950.67-0.350.80.48-0.15-0.020.670.91-0.120.970.970.870.950.970.610.940.430.430.870.960.95
0.890.910.990.960.76-0.220.860.60.010.150.780.970.030.970.930.940.970.960.670.970.510.510.90.960.93
0.920.930.910.970.81-0.090.770.670.10.210.80.910.130.970.90.890.920.980.740.870.380.390.910.950.93
Click cells to compare fundamentals

Hillenbrand Account Relationship Matchups

Hillenbrand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.0B3.9B5.5B6.4B6.7B
Other Current Liab355.1M253.7M338.8M431.3M496.0M520.8M
Total Current Liabilities852.1M1.0B1.1B1.3B1.5B1.6B
Total Stockholder Equity1.1B1.2B1.1B1.6B1.9B2.0B
Non Current Assets Total2.6B2.6B2.5B3.9B3.5B3.7B
Non Currrent Assets Other50.6M64.7M(125.2M)102.9M92.6M88.0M
Common Stock Shares Outstanding73.4M75.4M72.2M70.1M80.6M70.9M
Liabilities And Stockholders Equity4.0B4.0B3.9B5.5B6.4B6.7B
Non Current Liabilities Total2.1B1.7B1.7B2.6B2.3B2.5B
Other Current Assets83.2M75.2M109.4M113.2M101.9M143.2M
Other Stockholder Equity680.4M589.7M426.5M457.8M412.0M356.8M
Total Liab2.9B2.8B2.8B3.9B3.5B3.7B
Total Current Assets1.4B1.4B1.4B1.6B1.8B1.9B
Other Assets50.6M100K90M102.9M92.6M56.6M
Short Long Term Debt Total1.7B1.3B1.3B2.1B2.4B2.5B
Other Liab418.7M429.1M367M515.3M592.6M622.2M
Property Plant And Equipment Net468.6M433.2M404.5M432M496.8M521.6M
Current Deferred Revenue189.1M296.6M290.3M388.5M446.8M469.1M
Net Debt1.4B872.4M1.1B1.9B2.1B2.2B
Retained Earnings481.4M666.2M812M1.3B1.5B1.6B
Accounts Payable271.6M361.3M433M451.5M519.2M545.2M
Cash302.2M446.1M234.1M242.9M279.3M142.1M
Cash And Short Term Investments302.2M446.1M234.1M242.9M279.3M143.9M
Net Receivables417.6M445.4M525.6M658.9M757.7M795.6M
Good Will1.1B1.2B1.2B2.0B2.3B2.4B
Inventory385.4M411.6M533.8M592.6M681.5M715.6M
Property Plant And Equipment Gross468.6M295.1M281M658.7M757.5M795.4M
Accumulated Other Comprehensive Income(102.8M)(46.3M)(155.6M)(147.1M)(132.4M)(125.8M)
Short Term Debt36.3M123.5M15.7M19.7M22.7M44.0M
Intangible Assets960.7M913.8M810.7M1.4B1.6B1.7B
Property Plant Equipment314.2M295.1M404.5M432M496.8M521.6M
Treasury Stock(50.1M)(43.2M)(135.7M)(297.3M)(267.6M)(254.2M)
Net Tangible Assets98.3M295.7M(887.2M)(1.8B)(1.6B)(1.5B)
Noncontrolling Interest In Consolidated Entity15.7M20.4M22.6M25.1M28.9M30.3M
Long Term Debt1.5B1.2B1.2B2.0B2.3B2.4B
Retained Earnings Total Equity599.5M481.4M666.2M812M933.8M980.5M
Long Term Debt Total619.5M1.5B1.2B1.2B1.4B743.1M
Capital Surpluse345.3M723.6M725.4M723.8M832.4M467.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hillenbrand offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hillenbrand'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 Hillenbrand Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hillenbrand Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Hillenbrand Stock analysis

When running Hillenbrand's price analysis, check to measure Hillenbrand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hillenbrand is operating at the current time. Most of Hillenbrand's value examination focuses on studying past and present price action to predict the probability of Hillenbrand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillenbrand's price. Additionally, you may evaluate how the addition of Hillenbrand to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Global Correlations
Find global opportunities by holding instruments from different markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Hillenbrand's industry 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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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
(0.62)
Dividend Share
0.883
Earnings Share
1.42
Revenue Per Share
42.036
Quarterly Revenue Growth
0.179
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand'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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand'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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand'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.