HAS Stock | | | USD 65.15 1.26 1.97% |
Hasbro financial indicator trend analysis is much more than just examining Hasbro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hasbro Inc is a good investment. Please check the relationship between Hasbro Current Deferred Revenue and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hasbro Inc Current Deferred Revenue account and
Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hasbro's Current Deferred Revenue and Accounts Payable is 0.25. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hasbro Inc, assuming nothing else is changed. The correlation between historical values of Hasbro's Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Hasbro Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Hasbro's Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Accounts Payable
An accounting item on the balance sheet that represents Hasbro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hasbro Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hasbro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hasbro Inc 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 Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Enterprise Value is likely to gain to about 9.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
B in 2024.
Hasbro fundamental ratios Correlations
Click cells to compare fundamentals
Hasbro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hasbro fundamental ratios Accounts
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Additional Tools for Hasbro Stock Analysis
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