Hologic Other Stockholder Equity vs Short Term Debt Analysis

HOLX Stock  USD 79.39  0.63  0.80%   
Hologic financial indicator trend analysis is much more than just examining Hologic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hologic is a good investment. Please check the relationship between Hologic Other Stockholder Equity and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hologic. 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 economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.

Other Stockholder Equity vs Short Term Debt

Other Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hologic Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hologic's Other Stockholder Equity and Short Term Debt is 0.4. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Hologic, assuming nothing else is changed. The correlation between historical values of Hologic's Other Stockholder Equity and Short Term Debt 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 Hologic are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Hologic's Other Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Short Term Debt

Most indicators from Hologic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hologic 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 Hologic. 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 economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.At this time, Hologic's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Tax Provision is likely to drop slightly above 138.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B2.1B2.2B2.3B
Total Revenue4.9B4.0B4.0B4.2B

Hologic fundamental ratios Correlations

0.690.520.710.940.280.080.540.750.530.510.730.630.710.620.690.630.410.490.210.40.070.60.140.80.36
0.690.310.00.620.85-0.61-0.140.97-0.160.170.830.970.030.881.0-0.07-0.130.030.46-0.280.31-0.13-0.470.66-0.01
0.520.310.430.70.12-0.010.230.380.220.660.640.10.440.450.320.370.30.270.390.260.750.33-0.050.670.29
0.710.00.430.7-0.460.730.920.120.920.580.25-0.060.970.020.00.970.680.68-0.090.81-0.210.970.570.530.53
0.940.620.70.70.250.050.480.670.480.710.80.50.740.660.610.640.480.490.320.430.20.610.130.880.44
0.280.850.12-0.460.25-0.9-0.630.78-0.64-0.060.60.85-0.420.760.85-0.55-0.39-0.250.49-0.620.4-0.56-0.610.3-0.23
0.08-0.61-0.010.730.05-0.90.81-0.510.820.24-0.43-0.620.66-0.63-0.610.770.570.55-0.390.74-0.450.790.69-0.090.42
0.54-0.140.230.920.48-0.630.81-0.081.00.370.06-0.190.89-0.17-0.160.960.620.52-0.310.83-0.330.910.560.360.43
0.750.970.380.120.670.78-0.51-0.08-0.090.210.850.940.110.890.980.01-0.090.130.45-0.210.33-0.02-0.410.730.01
0.53-0.160.220.920.48-0.640.821.0-0.090.360.04-0.20.9-0.18-0.170.960.640.51-0.340.86-0.340.920.610.350.42
0.510.170.660.580.71-0.060.240.370.210.360.50.020.620.250.160.60.670.580.530.310.130.550.120.640.82
0.730.830.640.250.80.6-0.430.060.850.040.50.720.290.910.840.180.050.140.55-0.060.440.11-0.390.920.15
0.630.970.1-0.060.50.85-0.62-0.190.94-0.20.020.72-0.050.820.97-0.14-0.180.00.36-0.320.14-0.17-0.440.54-0.08
0.710.030.440.970.74-0.420.660.890.110.90.620.29-0.050.090.020.960.690.6-0.060.81-0.230.930.580.580.53
0.620.880.450.020.660.76-0.63-0.170.89-0.180.250.910.820.090.89-0.07-0.07-0.070.42-0.170.4-0.1-0.330.79-0.04
0.691.00.320.00.610.85-0.61-0.160.98-0.170.160.840.970.020.89-0.08-0.140.040.46-0.290.33-0.12-0.480.67-0.02
0.63-0.070.370.970.64-0.550.770.960.010.960.60.18-0.140.96-0.07-0.080.710.66-0.110.82-0.270.970.560.490.58
0.41-0.130.30.680.48-0.390.570.62-0.090.640.670.05-0.180.69-0.07-0.140.710.36-0.120.7-0.240.690.680.310.87
0.490.030.270.680.49-0.250.550.520.130.510.580.140.00.6-0.070.040.660.360.30.32-0.210.740.250.330.47
0.210.460.39-0.090.320.49-0.39-0.310.45-0.340.530.550.36-0.060.420.46-0.11-0.120.3-0.580.32-0.16-0.550.410.3
0.4-0.280.260.810.43-0.620.740.83-0.210.860.31-0.06-0.320.81-0.17-0.290.820.70.32-0.58-0.250.830.780.250.34
0.070.310.75-0.210.20.4-0.45-0.330.33-0.340.130.440.14-0.230.40.33-0.27-0.24-0.210.32-0.25-0.3-0.440.27-0.19
0.6-0.130.330.970.61-0.560.790.91-0.020.920.550.11-0.170.93-0.1-0.120.970.690.74-0.160.83-0.30.670.420.53
0.14-0.47-0.050.570.13-0.610.690.56-0.410.610.12-0.39-0.440.58-0.33-0.480.560.680.25-0.550.78-0.440.67-0.090.34
0.80.660.670.530.880.3-0.090.360.730.350.640.920.540.580.790.670.490.310.330.410.250.270.42-0.090.33
0.36-0.010.290.530.44-0.230.420.430.010.420.820.15-0.080.53-0.04-0.020.580.870.470.30.34-0.190.530.340.33
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Hologic Account Relationship Matchups

Hologic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B8.9B9.1B9.1B9.2B9.6B
Short Long Term Debt Total3.1B3.0B2.8B2.8B2.5B1.9B
Total Current Liabilities1.2B1.3B937.7M1.2B1.0B1.1B
Total Stockholder Equity2.7B4.2B4.9B5.0B5.1B5.4B
Property Plant And Equipment Net491.5M564.7M481.6M517M537.8M564.7M
Net Debt2.3B1.9B483.9M95.7M374.4M355.7M
Retained Earnings(1.6B)298.3M1.6B2.1B1.9B1.9B
Cash701M1.2B2.3B2.7B2.2B2.3B
Non Current Assets Total5.0B5.8B5.2B5.0B5.3B3.1B
Cash And Short Term Investments701M1.2B2.3B2.7B2.3B2.5B
Net Receivables1.0B942.7M617.6M625.6M600.4M630.4M
Common Stock Shares Outstanding264.6M259.7M253.8M248.8M237.6M170.5M
Liabilities And Stockholders Equity7.2B8.9B9.1B9.1B9.2B9.6B
Non Current Liabilities Total3.2B3.4B3.3B2.9B3.0B2.0B
Inventory395.1M501.2M623.7M617.6M679.8M713.8M
Other Stockholder Equity4.3B4.0B3.5B3.1B5.1B2.6B
Total Liab4.5B4.7B4.2B4.1B4.0B2.5B
Total Current Assets2.2B3.2B3.9B4.2B3.8B4.0B
Non Currrent Assets Other489.7M214.3M188.8M267.9M410.8M431.3M
Other Current Assets97.3M554.5M281.2M206.9M209.5M220.0M
Other Current Liab549.5M599.9M538.5M8.2M9.4M9.0M
Accounts Payable178.8M215.9M197.7M712.9M786.8M826.1M
Short Term Debt324.9M313M15M287M37.5M35.6M
Property Plant And Equipment Gross572.2M1.3B1.3B1.3B1.5B1.6B
Accumulated Other Comprehensive Income(49.7M)(59.1M)(238.2M)(147.6M)(132.8M)(126.2M)
Short Term Investments6M100K31.9M16.2M173.4M182.1M
Other Assets424.5M245.7M210.5M179M205.9M216.1M
Long Term Debt2.7B2.7B2.8B2.5B2.9B2.2B
Treasury Stock(926M)(1.6B)(2.0B)(2.5B)(2.3B)(2.2B)
Intangible Assets1.3B1.7B1.3B888.6M1.0B1.8B
Property Plant Equipment491.5M564.7M481.6M579.7M666.7M337.5M
Current Deferred Revenue186.1M198M186.5M199.2M212.9M132.4M
Good Will2.7B3.3B3.2B3.3B3.8B2.3B
Other Liab429.3M662.3M448.9M321.5M369.7M441.1M
Net Tangible Assets(1.3B)(722.2M)359.1M847M974.1M1.0B
Long Term Debt Total2.8B2.7B2.7B2.8B3.2B3.2B
Capital Surpluse5.8B5.9B6.0B6.0B6.9B6.1B

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When running Hologic's price analysis, check to measure Hologic'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 Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.