Hamilton Total Current Assets vs Asset Turnover Analysis

HBB Stock  USD 16.54  0.02  0.12%   
Hamilton Beach financial indicator trend analysis is much more than just examining Hamilton Beach Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hamilton Beach Brands is a good investment. Please check the relationship between Hamilton Beach Total Current Assets and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Beach Brands. 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 labor statistics.

Total Current Assets vs Asset Turnover

Total Current Assets vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hamilton Beach Brands Total Current Assets account and Asset Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Hamilton Beach's Total Current Assets and Asset Turnover is -0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Hamilton Beach Brands, assuming nothing else is changed. The correlation between historical values of Hamilton Beach's Total Current Assets and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Hamilton Beach Brands are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Assets i.e., Hamilton Beach's Total Current Assets and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Hamilton Beach's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hamilton Beach Brands 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 Hamilton Beach Brands. 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 labor statistics.
At present, Hamilton Beach's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.04, whereas Tax Provision is forecasted to decline to about 3.5 M.
 2021 2022 2023 2024 (projected)
Interest Income2.9M4.6M5.3M2.8M
Tax Provision7.7M7.2M3.7M3.5M

Hamilton Beach fundamental ratios Correlations

-0.26-0.250.87-0.850.670.760.860.86-0.04-0.480.80.74-0.380.75-0.480.85-0.480.580.660.840.91-0.510.80.50.62
-0.26-0.34-0.540.15-0.01-0.36-0.46-0.17-0.290.32-0.63-0.710.10.220.32-0.190.15-0.17-0.220.05-0.230.48-0.18-0.43-0.78
-0.25-0.34-0.190.36-0.74-0.48-0.09-0.510.91-0.29-0.20.15-0.15-0.51-0.290.120.28-0.340.1-0.55-0.42-0.47-0.030.40.34
0.87-0.54-0.19-0.850.660.890.890.81-0.1-0.530.960.88-0.420.49-0.530.74-0.430.470.70.770.82-0.530.510.620.8
-0.850.150.36-0.85-0.6-0.85-0.82-0.920.340.4-0.81-0.760.66-0.580.4-0.790.64-0.69-0.68-0.77-0.790.54-0.44-0.6-0.57
0.67-0.01-0.740.66-0.60.780.460.73-0.51-0.010.60.250.050.63-0.010.38-0.290.280.240.910.710.130.35-0.10.1
0.76-0.36-0.480.89-0.850.780.80.83-0.47-0.350.930.7-0.350.51-0.350.54-0.40.430.550.80.81-0.350.30.390.53
0.86-0.46-0.090.89-0.820.460.80.69-0.05-0.780.90.88-0.430.65-0.780.72-0.250.410.820.670.9-0.60.650.760.81
0.86-0.17-0.510.81-0.920.730.830.69-0.4-0.170.770.66-0.540.56-0.170.7-0.760.80.510.790.75-0.450.490.370.44
-0.04-0.290.91-0.10.34-0.51-0.47-0.05-0.4-0.27-0.190.120.01-0.28-0.270.260.25-0.290.09-0.32-0.26-0.370.260.280.33
-0.480.32-0.29-0.530.4-0.01-0.35-0.78-0.17-0.27-0.5-0.610.31-0.51.0-0.44-0.270.07-0.87-0.3-0.60.48-0.56-0.83-0.68
0.8-0.63-0.20.96-0.810.60.930.90.77-0.19-0.50.9-0.370.42-0.50.64-0.420.470.610.670.81-0.540.420.590.79
0.74-0.710.150.88-0.760.250.70.880.660.12-0.610.9-0.580.26-0.610.73-0.480.540.690.420.65-0.780.470.820.95
-0.380.1-0.15-0.420.660.05-0.35-0.43-0.540.010.31-0.37-0.58-0.040.31-0.580.57-0.56-0.65-0.18-0.20.77-0.13-0.71-0.44
0.750.22-0.510.49-0.580.630.510.650.56-0.28-0.50.420.26-0.04-0.50.46-0.050.260.560.790.87-0.010.770.220.17
-0.480.32-0.29-0.530.4-0.01-0.35-0.78-0.17-0.271.0-0.5-0.610.31-0.5-0.44-0.270.07-0.87-0.3-0.60.48-0.56-0.83-0.68
0.85-0.190.120.74-0.790.380.540.720.70.26-0.440.640.73-0.580.46-0.44-0.510.480.650.660.62-0.670.590.630.65
-0.480.150.28-0.430.64-0.29-0.4-0.25-0.760.25-0.27-0.42-0.480.57-0.05-0.27-0.51-0.94-0.08-0.29-0.230.45-0.16-0.19-0.29
0.58-0.17-0.340.47-0.690.280.430.410.8-0.290.070.470.54-0.560.260.070.48-0.940.210.320.41-0.480.380.290.35
0.66-0.220.10.7-0.680.240.550.820.510.09-0.870.610.69-0.650.56-0.870.65-0.080.210.530.67-0.610.570.860.67
0.840.05-0.550.77-0.770.910.80.670.79-0.32-0.30.670.42-0.180.79-0.30.66-0.290.320.530.84-0.110.540.210.29
0.91-0.23-0.420.82-0.790.710.810.90.75-0.26-0.60.810.65-0.20.87-0.60.62-0.230.410.670.84-0.290.740.450.54
-0.510.48-0.47-0.530.540.13-0.35-0.6-0.45-0.370.48-0.54-0.780.77-0.010.48-0.670.45-0.48-0.61-0.11-0.29-0.36-0.78-0.71
0.8-0.18-0.030.51-0.440.350.30.650.490.26-0.560.420.47-0.130.77-0.560.59-0.160.380.570.540.74-0.360.390.46
0.5-0.430.40.62-0.6-0.10.390.760.370.28-0.830.590.82-0.710.22-0.830.63-0.190.290.860.210.45-0.780.390.84
0.62-0.780.340.8-0.570.10.530.810.440.33-0.680.790.95-0.440.17-0.680.65-0.290.350.670.290.54-0.710.460.84
Click cells to compare fundamentals

Hamilton Beach Account Relationship Matchups

Hamilton Beach fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets303.2M391.2M382.5M389.0M384.7M382.3M
Other Current Liab42.6M46.5M32.3M28.1M27.6M34.0M
Total Current Liabilities200.7M199.1M164.2M101.6M139.6M140.7M
Total Stockholder Equity55.1M80.1M102.3M124.5M147.3M86.6M
Other Liab16.0M12.9M18.6M5.2M4.6M4.4M
Net Tangible Assets26.9M72.0M94.3M116.8M134.3M70.1M
Property Plant And Equipment Net22.3M23.5M30.5M71.8M66.8M35.1M
Net Debt56.4M95.9M95.7M162.6M82.7M71.5M
Retained Earnings22.5M44.9M60.8M80.2M99.4M104.4M
Accounts Payable111.6M152.6M131.9M61.8M99.7M95.9M
Cash2.1M2.4M1.1M928K15.4M16.1M
Non Current Assets Total49.2M54.9M64.1M104.2M97.9M69.5M
Non Currrent Assets Other2.7M2.8M3.0M16.1M16.5M17.3M
Other Assets19.9M23.2M25.7M24.6M22.2M19.4M
Cash And Short Term Investments2.1M2.4M1.1M928K15.4M16.1M
Net Receivables113.8M144.8M119.6M115.1M135.4M129.7M
Common Stock Shares Outstanding13.7M13.7M13.9M14.0M14.1M15.2M
Non Current Liabilities Total47.5M112.0M116.0M162.8M97.8M91.5M
Capital Surpluse54.5M58.5M61.6M65.0M58.5M48.9M
Inventory109.6M174.0M183.4M156.0M126.6M156.9M
Other Current Assets23.1M15.1M14.3M12.6M9.5M13.1M
Other Stockholder Equity48.4M52.5M55.6M56.1M58.4M51.7M
Total Liab248.2M311.1M280.2M264.4M237.4M288.3M
Deferred Long Term Liab10.9M13.4M18.7M14.3M16.5M12.1M
Total Current Assets254.0M336.3M318.4M284.7M286.8M309.7M
Short Term Debt23.5M380K216K11.8M12.3M10.0M
Intangible Assets3.1M1.9M1.7M1.5M1.3M1.2M
Property Plant Equipment22.3M23.5M30.5M27.8M32.0M24.0M
Short Long Term Debt Total58.5M98.7M97.1M163.6M98.1M89.7M
Current Deferred Revenue38.3M23.0M(380K)(216K)(194.4K)(184.7K)
Liabilities And Stockholders Equity303.2M391.2M382.5M389.0M384.7M387.5M
Property Plant And Equipment Gross22.3M23.5M30.5M71.8M112.0M117.6M
Accumulated Other Comprehensive Income(16.0M)(17.5M)(14.2M)(11.9M)(10.7M)(11.2M)
Non Current Liabilities Other12.5M13.6M19.2M52.0M5.9M5.6M
Cash And Equivalents2.1M2.4M1.1M928K835.2K793.4K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hamilton Beach Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hamilton Beach'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 Hamilton Beach Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hamilton Beach Brands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Beach Brands. 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 labor statistics.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Household Appliances 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 Hamilton Beach. If investors know Hamilton 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 Hamilton Beach 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
(0.81)
Dividend Share
0.45
Earnings Share
1.88
Revenue Per Share
46.2
Quarterly Revenue Growth
0.02
The market value of Hamilton Beach Brands is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Beach's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Beach'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 Hamilton Beach's market value can be influenced by many factors that don't directly affect Hamilton Beach'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 Hamilton Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Beach'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.