DINO Historical Balance Sheet
DINO Stock | USD 40.93 0.05 0.12% |
Trend analysis of HF Sinclair Corp balance sheet accounts such as Other Current Liabilities of 475.7 M or Total Current Liabilities of 2.9 B provides information on HF Sinclair's total assets, liabilities, and equity, which is the actual value of HF Sinclair Corp to its prevalent stockholders. By breaking down trends over time using HF Sinclair balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining HF Sinclair Corp 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 HF Sinclair Corp is a good buy for the upcoming year.
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About DINO Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of HF Sinclair Corp at a specified time, usually calculated after every quarter, six months, or one year. HF Sinclair Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HF Sinclair and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DINO currently owns. An asset can also be divided into two categories, current and non-current.
HF Sinclair Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of HF Sinclair assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HF Sinclair Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on HF Sinclair balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HF Sinclair Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of HF Sinclair Corp balance sheet. This account contains HF Sinclair investments that will expire within one year. These investments include stocks and bonds that can be liquidated by HF Sinclair Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from HF Sinclair's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into HF Sinclair Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, HF Sinclair's Net Debt is very stable compared to the past year. As of the 1st of December 2024, Retained Earnings is likely to grow to about 5.6 B, while Common Stock Shares Outstanding is likely to drop about 161.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.4B | 3.6B | 3.1B | 3.3B | Total Assets | 12.9B | 18.1B | 17.7B | 18.6B |
HF Sinclair balance sheet Correlations
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HF Sinclair Account Relationship Matchups
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HF Sinclair balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.2B | 11.5B | 12.9B | 18.1B | 17.7B | 18.6B | |
Short Long Term Debt Total | 2.8B | 3.4B | 3.4B | 3.6B | 3.1B | 3.3B | |
Other Current Liab | 366.0M | 276.3M | 341.4M | 494.5M | 453.0M | 475.7M | |
Total Current Liabilities | 1.7B | 1.4B | 2.1B | 3.2B | 2.8B | 2.9B | |
Total Stockholder Equity | 6.0B | 5.2B | 5.7B | 9.2B | 10.2B | 10.7B | |
Property Plant And Equipment Net | 5.3B | 4.9B | 5.8B | 7.0B | 7.0B | 7.3B | |
Net Debt | 1.9B | 2.1B | 3.2B | 1.9B | 1.7B | 1.8B | |
Retained Earnings | 4.7B | 3.9B | 4.4B | 4.1B | 5.4B | 5.6B | |
Cash | 885.2M | 1.4B | 234.4M | 1.7B | 1.4B | 1.4B | |
Non Current Assets Total | 8.9B | 8.2B | 9.2B | 11.4B | 11.6B | 12.1B | |
Non Currrent Assets Other | 821.4M | 643.7M | 751.0M | 895.2M | 1.2B | 1.3B | |
Cash And Short Term Investments | 885.2M | 1.4B | 234.4M | 1.7B | 1.4B | 1.4B | |
Net Receivables | 879.7M | 630.0M | 1.2B | 1.6B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 167.4M | 162.0M | 162.6M | 202.6M | 190.0M | 161.5M | |
Liabilities And Stockholders Equity | 12.2B | 11.5B | 12.9B | 18.1B | 17.7B | 18.6B | |
Non Current Liabilities Total | 4.0B | 4.4B | 4.6B | 4.9B | 4.7B | 4.9B | |
Inventory | 1.5B | 1.2B | 2.1B | 3.2B | 2.9B | 3.1B | |
Other Current Assets | 67.1M | 138.9M | 164.0M | 165.6M | 145.8M | 80.7M | |
Other Stockholder Equity | 1.2B | 1.2B | 1.3B | 5.1B | 4.8B | 5.0B | |
Total Liab | 5.7B | 5.8B | 6.6B | 8.1B | 7.5B | 7.9B | |
Total Current Assets | 3.3B | 3.3B | 3.8B | 6.7B | 6.1B | 6.5B | |
Short Term Debt | 104.4M | 97.9M | 110.6M | 416.9M | 107.0M | 101.6M | |
Accounts Payable | 1.2B | 1.0B | 1.6B | 2.3B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 5.3B | 4.9B | 8.8B | 10.5B | 10.9B | 11.4B | |
Accumulated Other Comprehensive Income | 14.8M | 13.5M | 2.7M | (22.0M) | (11.8M) | (12.4M) | |
Other Assets | 821.4M | 643.7M | 9.7B | 895.2M | 1.0B | 720.5M | |
Long Term Debt | 2.5B | 3.1B | 3.1B | 2.9B | 2.7B | 1.5B | |
Treasury Stock | (2.5B) | (3.0B) | (3.0B) | (3.0B) | (2.7B) | (2.5B) | |
Property Plant Equipment | 4.8B | 4.9B | 5.8B | 7.0B | 8.1B | 8.5B | |
Other Liab | 1.1B | 975.9M | 1.1B | 1.6B | 1.9B | 1.9B | |
Intangible Assets | 373.5M | 334.8M | 299.1M | 463.7M | 410.6M | 431.2M | |
Good Will | 2.4B | 2.3B | 2.3B | 3.0B | 3.0B | 2.2B | |
Net Tangible Assets | 6.3B | 5.5B | 6.0B | 5.8B | 6.7B | 5.8B | |
Noncontrolling Interest In Consolidated Entity | 540.5M | 531.2M | 553.8M | 606.6M | 545.9M | 462.3M | |
Retained Earnings Total Equity | 4.2B | 4.7B | 3.9B | 4.4B | 5.1B | 3.6B |
Pair Trading with HF Sinclair
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 HF Sinclair 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 HF Sinclair will appreciate offsetting losses from the drop in the long position's value.Moving together with DINO Stock
Moving against DINO Stock
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The ability to find closely correlated positions to HF Sinclair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HF Sinclair 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 HF Sinclair - 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 HF Sinclair Corp to buy it.
The correlation of HF Sinclair 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 HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair Corp 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 HF Sinclair 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Refining & Marketing 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 HF Sinclair. If investors know DINO 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 HF Sinclair 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 (0.70) | Dividend Share 1.95 | Earnings Share 1.73 | Revenue Per Share 155.095 | Quarterly Revenue Growth (0.19) |
The market value of HF Sinclair Corp is measured differently than its book value, which is the value of DINO that is recorded on the company's balance sheet. Investors also form their own opinion of HF Sinclair's value that differs from its market value or its book value, called intrinsic value, which is HF Sinclair'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 HF Sinclair's market value can be influenced by many factors that don't directly affect HF Sinclair'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 HF Sinclair's value and its price as these two are different measures arrived at by different means. Investors typically determine if HF Sinclair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HF Sinclair'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.