HAS Stock | | | USD 63.89 0.11 0.17% |
Hasbro financial indicator trend analysis is much more than just examining Hasbro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hasbro Inc is a good investment. Please check the relationship between Hasbro Other Stockholder Equity and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hasbro Inc Other Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hasbro's Other Stockholder Equity and Cash is -0.13. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Hasbro Inc, assuming nothing else is changed. The correlation between historical values of Hasbro's Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Hasbro Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Hasbro's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Hasbro Inc, which is listed under current asset account on Hasbro Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hasbro customers. The amounts must be unrestricted with restricted cash listed in a different Hasbro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Hasbro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hasbro Inc 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 Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Enterprise Value is likely to gain to about 9.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
B in 2024.
Hasbro fundamental ratios Correlations
Click cells to compare fundamentals
Hasbro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hasbro fundamental ratios Accounts
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Additional Tools for Hasbro Stock Analysis
When running Hasbro's price analysis, check to
measure Hasbro'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 Hasbro is operating at the current time. Most of Hasbro's value examination focuses on studying past and present price action to
predict the probability of Hasbro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hasbro's price. Additionally, you may evaluate how the addition of Hasbro to your portfolios can decrease your overall portfolio volatility.