Hippo Historical Income Statement
| HIPO Stock | USD 32.91 0.32 0.98% |
Historical analysis of Hippo Holdings income statement accounts such as Selling General Administrative of 64.6 M or Selling And Marketing Expenses of 90.2 M can show how well Hippo Holdings performed in making a profits. Evaluating Hippo Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hippo Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hippo Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hippo Holdings is a good buy for the upcoming year.
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About Hippo Income Statement Analysis
Hippo Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hippo Holdings shareholders. The income statement also shows Hippo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Hippo Holdings Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hippo Holdings minus its cost of goods sold. It is profit before Hippo Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 accounts from Hippo Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hippo Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Hippo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.At this time, Hippo Holdings' Depreciation And Amortization is very stable compared to the past year. As of the 29th of November 2024, Selling And Marketing Expenses is likely to grow to about 90.2 M, while Interest Expense is likely to drop about 2.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 91.2M | 119.7M | 209.7M | 111.5M | Total Revenue | 91.2M | 119.7M | 209.7M | 111.5M |
Hippo Holdings income statement Correlations
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Hippo Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Hippo 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 Hippo 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 Hippo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Hippo Stock
| 0.85 | AGO | Assured Guaranty | PairCorr |
| 0.86 | AXS | AXIS Capital Holdings | PairCorr |
| 0.91 | EIG | Employers Holdings | PairCorr |
Moving against Hippo Stock
| 0.79 | ESNT | Essent Group | PairCorr |
| 0.77 | JRVR | James River Group | PairCorr |
| 0.61 | NMIH | NMI Holdings Normal Trading | PairCorr |
| 0.52 | ACT | Enact Holdings | PairCorr |
The ability to find closely correlated positions to Hippo 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 Hippo 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 Hippo 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 Hippo Holdings to buy it.
The correlation of Hippo 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 Hippo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hippo Holdings 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 Hippo 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 Hippo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Insurance Brokers 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 Hippo Holdings. If investors know Hippo 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 Hippo 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 (5.17) | Revenue Per Share 13.671 | Quarterly Revenue Growth 0.655 | Return On Assets (0.05) | Return On Equity (0.31) |
The market value of Hippo Holdings is measured differently than its book value, which is the value of Hippo that is recorded on the company's balance sheet. Investors also form their own opinion of Hippo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hippo 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 Hippo Holdings' market value can be influenced by many factors that don't directly affect Hippo 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 Hippo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hippo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hippo 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.