Hain Total Liab vs Non Current Assets Total Analysis
HAIN Stock | USD 8.63 0.31 3.73% |
Hain Celestial financial indicator trend analysis is much more than just examining Hain Celestial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hain Celestial is a good investment. Please check the relationship between Hain Celestial Total Liab and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Liab vs Non Current Assets Total
Total Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hain Celestial Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hain Celestial's Total Liab and Non Current Assets Total is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of The Hain Celestial, assuming nothing else is changed. The correlation between historical values of Hain Celestial's Total Liab and Non Current Assets Total 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 Liab of The Hain Celestial are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Hain Celestial's Total Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Hain Celestial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hain Celestial 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 The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Hain Celestial's Discontinued Operations is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop about 231.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 427.4M | 396.4M | 380.8M | 323.0M | Total Revenue | 1.9B | 1.8B | 1.7B | 1.3B |
Hain Celestial fundamental ratios Correlations
Click cells to compare fundamentals
Hain Celestial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hain Celestial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.2B | 2.5B | 2.3B | 2.1B | 1.5B | |
Short Long Term Debt Total | 365.7M | 317.0M | 996.1M | 918.8M | 835.7M | 877.5M | |
Other Current Liab | 127.6M | 107.1M | 73.7M | 78.0M | 75.0M | 37.7M | |
Total Current Liabilities | 300.3M | 290.4M | 269.3M | 230.9M | 281.5M | 190.6M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.1B | 1.0B | 942.9M | 899.9M | |
Property Plant And Equipment Net | 377.4M | 404.8M | 412.1M | 392.2M | 348.4M | 189.2M | |
Net Debt | 328.0M | 241.1M | 930.6M | 865.4M | 781.4M | 820.5M | |
Retained Earnings | 614.2M | 691.2M | 769.1M | 652.6M | 577.5M | 374.5M | |
Accounts Payable | 171.0M | 171.9M | 174.8M | 134.8M | 188.2M | 136.6M | |
Cash | 37.8M | 75.9M | 65.5M | 53.4M | 54.3M | 51.2M | |
Non Current Assets Total | 1.6B | 1.6B | 1.9B | 1.7B | 1.6B | 1.1B | |
Non Currrent Assets Other | (27.6M) | (21.5M) | (74.7M) | (46.2M) | 22.6M | 23.8M | |
Cash And Short Term Investments | 37.8M | 75.9M | 65.5M | 53.4M | 54.3M | 50.7M | |
Net Receivables | 171.0M | 174.1M | 170.7M | 160.9M | 179.2M | 140.3M | |
Common Stock Shares Outstanding | 103.6M | 101.3M | 93.3M | 89.4M | 89.8M | 82.9M | |
Liabilities And Stockholders Equity | 2.2B | 2.2B | 2.5B | 2.3B | 2.1B | 1.5B | |
Non Current Liabilities Total | 444.6M | 392.6M | 1.1B | 1.0B | 893.1M | 451.6M | |
Inventory | 248.2M | 285.4M | 308.0M | 310.3M | 274.1M | 193.0M | |
Other Current Assets | 104.0M | 41.7M | 103.4M | 66.4M | 49.4M | 36.2M | |
Other Stockholder Equity | 999.7M | 903.6M | 477.4M | 490.4M | 501.5M | 530.9M | |
Total Liab | 744.9M | 683.0M | 1.4B | 1.2B | 1.2B | 636.1M | |
Total Current Assets | 560.9M | 577.1M | 600.1M | 591.0M | 557.1M | 433.7M | |
Short Term Debt | 1.7M | 11.4M | 20.9M | 18.1M | 18.3M | 13.2M | |
Intangible Assets | 346.5M | 314.9M | 477.5M | 298.1M | 244.8M | 321.3M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.1M | 1.3M | 703.0K | |
Property Plant And Equipment Gross | 377.4M | 404.8M | 412.1M | 392.2M | 607.3M | 637.7M | |
Accumulated Other Comprehensive Income | (171.4M) | (73.0M) | (164.5M) | (126.2M) | (137.2M) | (130.4M) | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 723.1K | |
Other Assets | 24.2M | 21.2M | 20.4M | 19.9M | 22.9M | 30.6M | |
Long Term Debt | 281.1M | 230.5M | 880.9M | 821.2M | 736.5M | 445.4M | |
Good Will | 862.0M | 871.1M | 933.8M | 938.6M | 929.3M | 755.5M | |
Treasury Stock | (110.0M) | (172.2M) | (284.0M) | (725.7M) | (653.1M) | (620.5M) | |
Property Plant Equipment | 377.4M | 404.8M | 412.1M | 392.2M | 451.1M | 235.9M | |
Other Liab | 79.9M | 76.2M | 117.5M | 98.7M | 113.5M | 69.5M | |
Net Tangible Assets | 235.1M | 336.9M | (328.2M) | (218.8M) | (251.7M) | (239.1M) | |
Retained Earnings Total Equity | 614.2M | 691.2M | 769.1M | 652.6M | 750.4M | 682.8M | |
Long Term Debt Total | 281.1M | 230.5M | 880.9M | 821.2M | 944.4M | 668.4M | |
Capital Surpluse | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 1.2B |
Pair Trading with Hain Celestial
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 Hain Celestial 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 Hain Celestial will appreciate offsetting losses from the drop in the long position's value.Moving against Hain Stock
0.56 | TR | Tootsie Roll Industries | PairCorr |
0.52 | TAP | Molson Coors Brewing Sell-off Trend | PairCorr |
0.4 | FDP | Fresh Del Monte | PairCorr |
0.39 | TSN | Tyson Foods | PairCorr |
0.35 | TPB | Turning Point Brands | PairCorr |
The ability to find closely correlated positions to Hain Celestial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hain Celestial 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 Hain Celestial - 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 The Hain Celestial to buy it.
The correlation of Hain Celestial 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 Hain Celestial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hain Celestial 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 Hain Celestial 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 The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Packaged Foods & Meats 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 Hain Celestial. If investors know Hain 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 Hain Celestial 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 (0.64) | Earnings Share (0.94) | Revenue Per Share 18.988 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0262 |
The market value of Hain Celestial is measured differently than its book value, which is the value of Hain that is recorded on the company's balance sheet. Investors also form their own opinion of Hain Celestial's value that differs from its market value or its book value, called intrinsic value, which is Hain Celestial'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 Hain Celestial's market value can be influenced by many factors that don't directly affect Hain Celestial'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 Hain Celestial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hain Celestial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hain Celestial'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.