Hayward Non Currrent Assets Other vs Cash 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 Non Currrent Assets Other and its Cash 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.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hayward Holdings Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hayward Holdings' Non Currrent Assets Other and Cash is 0.63. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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' Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Hayward Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Hayward Holdings' Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Hayward Holdings, which is listed under current asset account on Hayward Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hayward Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Hayward Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

-0.740.910.890.93-0.920.930.93-0.71-0.880.850.730.790.70.890.54-0.850.80.780.770.91-0.970.880.870.97-0.98
-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
0.89-0.510.870.820.97-0.930.970.81-0.73-0.670.960.520.630.430.45-0.650.650.850.490.99-0.950.980.860.95-0.95
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
Click cells to compare fundamentals

Hayward Holdings Account Relationship Matchups

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