Horace Historical Cash Flow
| HMN Stock | USD 41.44 0.09 0.22% |
Analysis of Horace Mann cash flow over time is an excellent tool to project Horace Mann Educators future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 9 M or Capital Expenditures of 174.1 M as it is a great indicator of Horace Mann ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Horace Mann Educators latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Horace Mann Educators is a good buy for the upcoming year.
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About Horace Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Horace balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Horace's non-liquid assets can be easily converted into cash.
Horace Mann Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most accounts from Horace Mann's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Horace Mann Educators current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Horace Mann Educators. 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, Horace Mann's Change To Netincome is very stable compared to the past year. As of the 11th of December 2024, Cash And Cash Equivalents Changes is likely to grow to about 134.5 M, though Change In Cash is likely to grow to (12.4 M).
Horace Mann cash flow statement Correlations
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Horace Mann Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horace Mann cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 13.6M | (3.2M) | 111.4M | (90.9M) | (13.1M) | (12.4M) | |
| Free Cash Flow | 14.4K | (349.9M) | 358.3M | 207.2M | 302.1M | 178.0M | |
| Begin Period Cash Flow | 11.9M | 25.5M | 22.3M | 133.7M | 42.8M | 44.9M | |
| Other Cashflows From Financing Activities | 182.4M | 195.5M | 561.9M | 182.8M | (4.1M) | (3.9M) | |
| Other Non Cash Items | (121.5M) | 18.9M | (30.5M) | 79.5M | 9.5M | 9.0M | |
| Capital Expenditures | 477.5M | 98.5M | 2.3M | 35.7M | 165.8M | 174.1M | |
| Total Cash From Operating Activities | 127.6M | 259.8M | 204.9M | 171.5M | 302.1M | 181.7M | |
| Net Income | 184.4M | 133.3M | 142.8M | (2.6M) | 45M | 78.3M | |
| Total Cash From Financing Activities | (169.9M) | 143.8M | 208.5M | (47.8M) | (207.8M) | (197.4M) | |
| End Period Cash Flow | 25.5M | 22.3M | 133.7M | 42.8M | 29.7M | 31.2M | |
| Change In Working Capital | 41.7M | 77.5M | 65.8M | 58.1M | 211.9M | 222.5M | |
| Change To Account Receivables | (10.0M) | 17.0M | 9.1M | (1.5M) | (1.4M) | (1.3M) | |
| Sale Purchase Of Stock | 1.7M | (2.1M) | (5.3M) | (24M) | (6.5M) | (6.2M) | |
| Depreciation | 15.6M | 23.4M | 18.4M | 27.6M | 26.2M | 27.5M | |
| Dividends Paid | 47.3M | 49.6M | 51.4M | 52.6M | 53.9M | 27.9M | |
| Change To Netincome | (95.5M) | 26.0M | (10.6M) | 88.4M | 101.7M | 139.8M | |
| Investments | 526.8M | (418.8M) | (283M) | (214.6M) | (107.4M) | (112.8M) | |
| Net Borrowings | (194.6M) | 11.2M | 65.3M | (144.1M) | (129.7M) | (123.2M) | |
| Total Cashflows From Investing Activities | 55.9M | (406.8M) | (302M) | (214.6M) | (246.8M) | (259.1M) | |
| Cash And Cash Equivalents Changes | 4.3M | 13.6M | (3.2M) | 111.4M | 128.1M | 134.5M | |
| Cash Flows Other Operating | (156.3M) | 236.6M | 126.3M | 8.1M | 9.3M | 9.8M | |
| Other Cashflows From Investing Activities | (470.8M) | 12.1M | (19M) | (214.6M) | (193.1M) | (183.5M) | |
| Change To Operating Activities | 24.2M | 61.7M | 57.3M | 75.2M | 67.7M | 83.2M |
Pair Trading with Horace Mann
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 Horace Mann 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 Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
| 0.82 | L | Loews Corp | PairCorr |
| 0.78 | FRFHF | Fairfax Financial | PairCorr |
| 0.69 | AFG | American Financial | PairCorr |
| 0.86 | AIZ | Assurant | PairCorr |
Moving against Horace Stock
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann 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 Horace Mann - 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 Horace Mann Educators to buy it.
The correlation of Horace Mann 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 Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators 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 Horace Mann 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 Horace Mann Educators. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Multi-line Insurance 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 Horace Mann. If investors know Horace 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 Horace Mann 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 1.964 | Dividend Share 1.35 | Earnings Share 2.52 | Revenue Per Share 38.477 | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann'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 Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann'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 Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann'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.