Hennessy Free Cash Flow vs Investments Analysis

HCVIW Stock  USD 0.12  0.01  7.69%   
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 Free Cash Flow and its Investments 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.

Free Cash Flow vs Investments

Free Cash Flow vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Capital Inv Free Cash Flow account and Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Hennessy Capital's Free Cash Flow and Investments is -0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Investments 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 Free Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Hennessy Capital Investment are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Free Cash Flow i.e., Hennessy Capital's Free Cash Flow and Investments go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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

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-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
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-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
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-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
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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
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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
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-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
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Hennessy Capital Account Relationship Matchups

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