Hamilton Other Stockholder Equity vs Accounts Payable Analysis
HG Stock | 19.01 0.23 1.20% |
Hamilton Insurance financial indicator trend analysis is much more than just examining Hamilton Insurance Group, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hamilton Insurance Group, is a good investment. Please check the relationship between Hamilton Insurance Other Stockholder Equity and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Insurance Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Other Stockholder Equity vs Accounts Payable
Other Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hamilton Insurance Group, Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hamilton Insurance's Other Stockholder Equity and Accounts Payable is -0.69. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hamilton Insurance Group,, assuming nothing else is changed. The correlation between historical values of Hamilton Insurance's Other Stockholder Equity 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 Other Stockholder Equity of Hamilton Insurance Group, 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 Other Stockholder Equity i.e., Hamilton Insurance's Other Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Stockholder Equity
Accounts Payable
An accounting item on the balance sheet that represents Hamilton Insurance 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 Hamilton Insurance Group, 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 Hamilton Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hamilton Insurance Group, 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 Hamilton Insurance Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Hamilton Insurance's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Hamilton Insurance's current Sales General And Administrative To Revenue is estimated to increase to 0.21, while Tax Provision is forecasted to increase to (23.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 13.9M | 15.0M | 12.4M | 11.1M | Interest Income | 15.1M | 34.2M | 78.5M | 41.1M |
Hamilton Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Hamilton Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Insurance Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hamilton Insurance. If investors know Hamilton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hamilton Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.805 | Earnings Share 4.87 | Revenue Per Share 21.292 | Quarterly Revenue Growth 0.314 | Return On Assets 0.0594 |
The market value of Hamilton Insurance Group, is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hamilton Insurance's market value can be influenced by many factors that don't directly affect Hamilton Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hamilton Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.