Hillenbrand Non Operating Income Net Other vs Total Operating Expenses 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 Non Operating Income Net Other and its Total Operating Expenses 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.
Non Operating Income Net Other vs Total Operating Expenses
Non Operating Income Net Other vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillenbrand Non Operating Income Net Other account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hillenbrand's Non Operating Income Net Other and Total Operating Expenses is 0.27. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Hillenbrand, assuming nothing else is changed. The correlation between historical values of Hillenbrand's Non Operating Income Net Other and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Hillenbrand are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Non Operating Income Net Other i.e., Hillenbrand's Non Operating Income Net Other and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Operating Income Net Other
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Profit | 954.6M | 948.2M | 853.4M | 619.4M | Total Revenue | 2.9B | 2.8B | 3.2B | 1.7B |
Hillenbrand fundamental ratios Correlations
Click cells to compare fundamentals
Hillenbrand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillenbrand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Other Current Liab | 355.1M | 253.7M | 338.8M | 431.3M | 496.0M | 520.8M | |
Total Current Liabilities | 852.1M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
Total Stockholder Equity | 1.1B | 1.2B | 1.1B | 1.6B | 1.9B | 2.0B | |
Non Current Assets Total | 2.6B | 2.6B | 2.5B | 3.9B | 3.5B | 3.7B | |
Non Currrent Assets Other | 50.6M | 64.7M | (125.2M) | 102.9M | 92.6M | 88.0M | |
Common Stock Shares Outstanding | 73.4M | 75.4M | 72.2M | 70.1M | 80.6M | 70.9M | |
Liabilities And Stockholders Equity | 4.0B | 4.0B | 3.9B | 5.5B | 6.4B | 6.7B | |
Non Current Liabilities Total | 2.1B | 1.7B | 1.7B | 2.6B | 2.3B | 2.5B | |
Other Current Assets | 83.2M | 75.2M | 109.4M | 113.2M | 101.9M | 143.2M | |
Other Stockholder Equity | 680.4M | 589.7M | 426.5M | 457.8M | 412.0M | 356.8M | |
Total Liab | 2.9B | 2.8B | 2.8B | 3.9B | 3.5B | 3.7B | |
Total Current Assets | 1.4B | 1.4B | 1.4B | 1.6B | 1.8B | 1.9B | |
Other Assets | 50.6M | 100K | 90M | 102.9M | 92.6M | 56.6M | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.3B | 2.1B | 2.4B | 2.5B | |
Other Liab | 418.7M | 429.1M | 367M | 515.3M | 592.6M | 622.2M | |
Property Plant And Equipment Net | 468.6M | 433.2M | 404.5M | 432M | 496.8M | 521.6M | |
Current Deferred Revenue | 189.1M | 296.6M | 290.3M | 388.5M | 446.8M | 469.1M | |
Net Debt | 1.4B | 872.4M | 1.1B | 1.9B | 2.1B | 2.2B | |
Retained Earnings | 481.4M | 666.2M | 812M | 1.3B | 1.5B | 1.6B | |
Accounts Payable | 271.6M | 361.3M | 433M | 451.5M | 519.2M | 545.2M | |
Cash | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 142.1M | |
Cash And Short Term Investments | 302.2M | 446.1M | 234.1M | 242.9M | 279.3M | 143.9M | |
Net Receivables | 417.6M | 445.4M | 525.6M | 658.9M | 757.7M | 795.6M | |
Good Will | 1.1B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Inventory | 385.4M | 411.6M | 533.8M | 592.6M | 681.5M | 715.6M | |
Property Plant And Equipment Gross | 468.6M | 295.1M | 281M | 658.7M | 757.5M | 795.4M | |
Accumulated Other Comprehensive Income | (102.8M) | (46.3M) | (155.6M) | (147.1M) | (132.4M) | (125.8M) | |
Short Term Debt | 36.3M | 123.5M | 15.7M | 19.7M | 22.7M | 44.0M | |
Intangible Assets | 960.7M | 913.8M | 810.7M | 1.4B | 1.6B | 1.7B | |
Property Plant Equipment | 314.2M | 295.1M | 404.5M | 432M | 496.8M | 521.6M | |
Treasury Stock | (50.1M) | (43.2M) | (135.7M) | (297.3M) | (267.6M) | (254.2M) | |
Net Tangible Assets | 98.3M | 295.7M | (887.2M) | (1.8B) | (1.6B) | (1.5B) | |
Noncontrolling Interest In Consolidated Entity | 15.7M | 20.4M | 22.6M | 25.1M | 28.9M | 30.3M | |
Long Term Debt | 1.5B | 1.2B | 1.2B | 2.0B | 2.3B | 2.4B | |
Retained Earnings Total Equity | 599.5M | 481.4M | 666.2M | 812M | 933.8M | 980.5M | |
Long Term Debt Total | 619.5M | 1.5B | 1.2B | 1.2B | 1.4B | 743.1M | |
Capital Surpluse | 345.3M | 723.6M | 725.4M | 723.8M | 832.4M | 467.6M |
Hillenbrand Investors Sentiment
The influence of Hillenbrand's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hillenbrand. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hillenbrand's public news can be used to forecast risks associated with an investment in Hillenbrand. The trend in average sentiment can be used to explain how an investor holding Hillenbrand can time the market purely based on public headlines and social activities around Hillenbrand. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hillenbrand's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hillenbrand's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hillenbrand's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hillenbrand.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hillenbrand in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hillenbrand's short interest history, or implied volatility extrapolated from Hillenbrand options trading.
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Try AI Portfolio ArchitectCheck 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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.