Hennessy Depreciation And Amortization vs Selling General Administrative Analysis

HCVIW Stock  USD 0.13  0.01  8.33%   
Hennessy Capital financial indicator trend analysis is much more than just examining Hennessy Capital Inv latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hennessy Capital Inv is a good investment. Please check the relationship between Hennessy Capital Depreciation And Amortization and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Capital Investment. 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Capital Inv Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hennessy Capital's Depreciation And Amortization and Selling General Administrative is 0.89. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hennessy Capital Investment, assuming nothing else is changed. The correlation between historical values of Hennessy Capital's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Hennessy Capital Investment are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Hennessy Capital's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Hennessy Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hennessy Capital Inv 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 Hennessy Capital Investment. 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, Hennessy Capital's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 44.53 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Expense3.2M18.5M21.3M11.9M
Depreciation And Amortization415.6K2.3M16.3M17.1M

Hennessy Capital fundamental ratios Correlations

-0.99-1.00.99-0.93-0.870.220.771.01.00.770.88-0.950.920.90.820.980.861.00.971.0-0.990.970.970.970.97
-0.991.0-0.950.970.92-0.3-0.84-0.99-0.99-0.84-0.840.97-0.96-0.95-0.89-0.95-0.91-0.99-0.99-0.991.0-0.95-0.95-0.95-0.95
-1.01.0-0.970.950.9-0.24-0.81-0.99-0.99-0.81-0.840.97-0.94-0.93-0.86-0.97-0.89-0.99-0.99-0.991.0-0.95-0.95-0.95-0.95
0.99-0.95-0.97-0.86-0.770.10.650.990.990.650.9-0.90.840.820.711.00.760.990.920.99-0.970.970.970.970.97
-0.930.970.95-0.860.99-0.5-0.95-0.93-0.93-0.95-0.780.93-1.0-1.0-0.97-0.85-0.98-0.93-0.99-0.930.94-0.89-0.89-0.89-0.89
-0.870.920.9-0.770.99-0.61-0.98-0.86-0.86-0.98-0.720.89-0.99-1.0-0.99-0.77-1.0-0.86-0.95-0.860.88-0.83-0.83-0.83-0.83
0.22-0.3-0.240.1-0.5-0.610.660.210.210.660.35-0.180.530.560.580.10.640.210.360.21-0.20.30.30.30.3
0.77-0.84-0.810.65-0.95-0.980.660.760.761.00.58-0.840.960.970.990.650.980.760.890.76-0.80.710.710.710.71
1.0-0.99-0.990.99-0.93-0.860.210.761.00.760.88-0.940.910.890.810.990.851.00.971.0-0.990.970.970.970.97
1.0-0.99-0.990.99-0.93-0.860.210.761.00.760.88-0.940.910.90.810.990.851.00.971.0-0.990.970.970.970.97
0.77-0.84-0.810.65-0.95-0.980.661.00.760.760.58-0.840.960.970.990.650.980.760.890.76-0.80.710.710.710.71
0.88-0.84-0.840.9-0.78-0.720.350.580.880.880.58-0.680.770.750.610.90.720.880.80.88-0.830.970.970.970.97
-0.950.970.97-0.90.930.89-0.18-0.84-0.94-0.94-0.84-0.68-0.93-0.91-0.89-0.89-0.87-0.94-0.97-0.940.97-0.84-0.84-0.84-0.84
0.92-0.96-0.940.84-1.0-0.990.530.960.910.910.960.77-0.931.00.970.840.990.910.980.91-0.930.880.880.880.88
0.9-0.95-0.930.82-1.0-1.00.560.970.890.90.970.75-0.911.00.980.811.00.90.970.9-0.910.860.860.860.86
0.82-0.89-0.860.71-0.97-0.990.580.990.810.810.990.61-0.890.970.980.710.990.810.930.81-0.850.740.740.740.74
0.98-0.95-0.971.0-0.85-0.770.10.650.990.990.650.9-0.890.840.810.710.760.990.920.99-0.970.970.970.970.97
0.86-0.91-0.890.76-0.98-1.00.640.980.850.850.980.72-0.870.991.00.990.760.850.940.85-0.870.820.820.820.82
1.0-0.99-0.990.99-0.93-0.860.210.761.01.00.760.88-0.940.910.90.810.990.850.971.0-0.990.970.970.970.97
0.97-0.99-0.990.92-0.99-0.950.360.890.970.970.890.8-0.970.980.970.930.920.940.970.97-0.980.920.920.920.92
1.0-0.99-0.990.99-0.93-0.860.210.761.01.00.760.88-0.940.910.90.810.990.851.00.97-0.990.970.970.970.97
-0.991.01.0-0.970.940.88-0.2-0.8-0.99-0.99-0.8-0.830.97-0.93-0.91-0.85-0.97-0.87-0.99-0.98-0.99-0.94-0.94-0.94-0.94
0.97-0.95-0.950.97-0.89-0.830.30.710.970.970.710.97-0.840.880.860.740.970.820.970.920.97-0.941.01.01.0
0.97-0.95-0.950.97-0.89-0.830.30.710.970.970.710.97-0.840.880.860.740.970.820.970.920.97-0.941.01.01.0
0.97-0.95-0.950.97-0.89-0.830.30.710.970.970.710.97-0.840.880.860.740.970.820.970.920.97-0.941.01.01.0
0.97-0.95-0.950.97-0.89-0.830.30.710.970.970.710.97-0.840.880.860.740.970.820.970.920.97-0.941.01.01.0
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Hennessy Capital Account Relationship Matchups

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