Hillman Change In Cash vs Free Cash Flow Analysis
| HLMN Stock | USD 11.27 0.09 0.81% |
Hillman Solutions financial indicator trend analysis is much more than just examining Hillman Solutions Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hillman Solutions Corp is a good investment. Please check the relationship between Hillman Solutions Change In Cash and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillman Solutions Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Change In Cash vs Free Cash Flow
Change In Cash vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hillman Solutions Corp Change In Cash account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hillman Solutions' Change In Cash and Free Cash Flow is 0.49. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hillman Solutions Corp, assuming nothing else is changed. The correlation between historical values of Hillman Solutions' Change In Cash and Free Cash Flow 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 In Cash of Hillman Solutions Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Cash i.e., Hillman Solutions' Change In Cash and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Change In Cash
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Hillman Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hillman Solutions Corp 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 Hillman Solutions Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Hillman Solutions' Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Selling General Administrative is likely to grow to about 473.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 566.4M | 639.8M | 647.5M | 487.1M | Total Revenue | 1.4B | 1.5B | 1.5B | 1.1B |
Hillman Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Hillman Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hillman Solutions fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 73.2M | 80.8M | 48.8M | 57.4M | 37.6M | 48.2M | |
| Total Current Liabilities | 208.9M | 311.9M | 277.3M | 215.4M | 223.1M | 225.5M | |
| Total Stockholder Equity | 374.0M | 364.6M | 1.2B | 1.2B | 1.2B | 660.2M | |
| Retained Earnings | (147.4M) | (171.8M) | (210.2M) | (226.6M) | (236.2M) | (248.0M) | |
| Accounts Payable | 125.0M | 201.5M | 186.1M | 131.8M | 140.3M | 144.6M | |
| Net Receivables | 88.4M | 121.2M | 107.2M | 87.0M | 103.5M | 97.1M | |
| Common Stock Shares Outstanding | 89.4M | 89.9M | 134.7M | 194.2M | 194.7M | 123.4M | |
| Inventory | 323.5M | 391.7M | 533.5M | 489.3M | 382.7M | 383.7M | |
| Other Current Assets | 8.8M | 19.3M | 13.0M | 24.2M | 23.2M | 16.9M | |
| Other Stockholder Equity | 553.4M | 565.8M | 1.4B | 1.4B | 1.4B | 837.7M | |
| Total Current Assets | 440.7M | 553.7M | 668.3M | 631.6M | 548.0M | 521.9M | |
| Other Liab | 194.0M | 184.2M | 154.5M | 152.5M | 137.3M | 143.0M | |
| Net Tangible Assets | (1.3B) | 427.9M | (470.0M) | (401.5M) | (461.8M) | (484.9M) | |
| Other Assets | 12.3M | 13.3M | 18.0M | 23.6M | 27.1M | 17.1M | |
| Property Plant Equipment | 286.8M | 259.5M | 256.6M | 257.2M | 295.8M | 279.0M |
Pair Trading with Hillman Solutions
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hillman Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hillman Solutions will appreciate offsetting losses from the drop in the long position's value.Moving together with Hillman Stock
Moving against Hillman Stock
| 0.64 | QEPC | QEP Co Inc | PairCorr |
| 0.63 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.4 | SWK | Stanley Black Decker | PairCorr |
The ability to find closely correlated positions to Hillman Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hillman Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hillman Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hillman Solutions Corp to buy it.
The correlation of Hillman Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hillman Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hillman Solutions Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hillman Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillman Solutions Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Industrial Machinery & Supplies & Components 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 Hillman Solutions. If investors know Hillman 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 Hillman Solutions 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 0.459 | Earnings Share 0.04 | Revenue Per Share 7.517 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0239 |
The market value of Hillman Solutions Corp is measured differently than its book value, which is the value of Hillman that is recorded on the company's balance sheet. Investors also form their own opinion of Hillman Solutions' value that differs from its market value or its book value, called intrinsic value, which is Hillman Solutions' 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 Hillman Solutions' market value can be influenced by many factors that don't directly affect Hillman Solutions' 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 Hillman Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillman Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillman Solutions' 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.