Hayward Change To Inventory vs Net Borrowings Analysis

HAYW Stock  USD 16.16  0.02  0.12%   
Hayward Holdings financial indicator trend analysis is much more than just examining Hayward Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hayward Holdings is a good investment. Please check the relationship between Hayward Holdings Change To Inventory and its Net Borrowings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hayward 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 manufacturing.
For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.

Change To Inventory vs Net Borrowings

Change To Inventory vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hayward Holdings Change To Inventory account and Net Borrowings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hayward Holdings' Change To Inventory and Net Borrowings is 0.72. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Hayward Holdings, assuming nothing else is changed. The correlation between historical values of Hayward Holdings' Change To Inventory and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Hayward Holdings are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Inventory i.e., Hayward Holdings' Change To Inventory and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Hayward Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hayward Holdings 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 Hayward 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 manufacturing.
For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.At this time, Hayward Holdings' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 247.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 10.06 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense50.9M51.4M73.6M53.4M
Depreciation And Amortization57.8M57.6M53.1M59.6M

Hayward Holdings fundamental ratios Correlations

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-0.74-0.5-0.5-0.560.49-0.55-0.570.520.88-0.36-0.41-0.47-0.8-0.51-0.50.97-0.45-0.5-0.71-0.540.63-0.57-0.52-0.630.66
0.91-0.51.00.93-0.880.870.78-0.45-0.780.820.860.880.430.870.68-0.60.870.590.550.9-0.950.890.980.96-0.93
0.89-0.51.00.91-0.850.830.75-0.4-0.790.770.90.910.410.820.72-0.590.90.530.540.87-0.930.850.980.94-0.91
0.93-0.560.930.91-0.910.940.81-0.7-0.780.920.680.790.410.970.62-0.70.810.810.490.99-0.980.940.920.98-0.98
-0.920.49-0.88-0.85-0.91-0.98-0.940.690.63-0.96-0.6-0.64-0.6-0.93-0.30.63-0.67-0.8-0.71-0.930.94-0.92-0.84-0.930.95
0.93-0.550.870.830.94-0.980.91-0.74-0.670.970.540.620.580.970.35-0.680.640.850.660.97-0.960.960.850.95-0.97
0.93-0.570.780.750.81-0.940.91-0.77-0.670.880.60.630.730.810.21-0.720.670.820.840.83-0.880.770.70.86-0.9
-0.710.52-0.45-0.4-0.70.69-0.74-0.770.53-0.79-0.18-0.39-0.46-0.73-0.110.69-0.44-0.98-0.48-0.730.68-0.6-0.37-0.650.71
-0.880.88-0.78-0.79-0.780.63-0.67-0.670.53-0.54-0.75-0.83-0.61-0.67-0.780.92-0.81-0.56-0.62-0.720.82-0.68-0.76-0.830.82
0.85-0.360.820.770.92-0.960.970.88-0.79-0.540.490.590.410.960.27-0.540.630.890.520.95-0.910.890.770.89-0.91
0.73-0.410.860.90.68-0.60.540.6-0.18-0.750.490.960.320.520.76-0.480.940.260.480.59-0.720.540.810.75-0.69
0.79-0.470.880.910.79-0.640.620.63-0.39-0.830.590.960.260.630.83-0.571.00.460.40.71-0.80.610.820.82-0.77
0.7-0.80.430.410.41-0.60.580.73-0.46-0.610.410.320.260.430.04-0.80.260.450.970.43-0.550.50.410.53-0.6
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0.54-0.50.680.720.62-0.30.350.21-0.11-0.780.270.760.830.040.45-0.50.790.190.070.52-0.580.490.710.62-0.54
-0.850.97-0.6-0.59-0.70.63-0.68-0.720.690.92-0.54-0.48-0.57-0.8-0.65-0.5-0.57-0.68-0.75-0.680.75-0.66-0.6-0.740.78
0.8-0.450.870.90.81-0.670.640.67-0.44-0.810.630.941.00.260.650.79-0.570.510.410.72-0.810.610.80.82-0.78
0.78-0.50.590.530.81-0.80.850.82-0.98-0.560.890.260.460.450.850.19-0.680.510.480.84-0.780.740.520.76-0.81
0.77-0.710.550.540.49-0.710.660.84-0.48-0.620.520.480.40.970.490.07-0.750.410.480.5-0.630.540.50.61-0.67
0.91-0.540.90.870.99-0.930.970.83-0.73-0.720.950.590.710.430.990.52-0.680.720.840.5-0.970.970.890.97-0.97
-0.970.63-0.95-0.93-0.980.94-0.96-0.880.680.82-0.91-0.72-0.8-0.55-0.95-0.580.75-0.81-0.78-0.63-0.97-0.95-0.93-1.01.0
0.88-0.570.890.850.94-0.920.960.77-0.6-0.680.890.540.610.50.980.49-0.660.610.740.540.97-0.950.910.94-0.95
0.87-0.520.980.980.92-0.840.850.7-0.37-0.760.770.810.820.410.860.71-0.60.80.520.50.89-0.930.910.95-0.91
0.97-0.630.960.940.98-0.930.950.86-0.65-0.830.890.750.820.530.950.62-0.740.820.760.610.97-1.00.940.95-0.99
-0.980.66-0.93-0.91-0.980.95-0.97-0.90.710.82-0.91-0.69-0.77-0.6-0.95-0.540.78-0.78-0.81-0.67-0.971.0-0.95-0.91-0.99
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Hayward Holdings Account Relationship Matchups

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