Hawkins Deferred Long Term Liab vs Intangible Assets Analysis
HWKN Stock | USD 134.51 1.12 0.84% |
Hawkins financial indicator trend analysis is much more than just examining Hawkins latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hawkins is a good investment. Please check the relationship between Hawkins Deferred Long Term Liab and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawkins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.
Deferred Long Term Liab vs Intangible Assets
Deferred Long Term Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hawkins Deferred Long Term Liab account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hawkins' Deferred Long Term Liab and Intangible Assets is 0.76. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Hawkins, assuming nothing else is changed. The correlation between historical values of Hawkins' Deferred Long Term Liab and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Hawkins are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Hawkins' Deferred Long Term Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Hawkins' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hawkins 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 Hawkins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.At this time, Hawkins' Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value is likely to grow to about 1.7 B, while Tax Provision is likely to drop about 14.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 146.5M | 165.1M | 193.6M | 203.3M | Total Revenue | 774.5M | 935.1M | 919.2M | 965.1M |
Hawkins fundamental ratios Correlations
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Hawkins Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hawkins fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 389.3M | 472.6M | 567.3M | 590.5M | 657.9M | 690.8M | |
Short Long Term Debt Total | 68.8M | 110.6M | 134.7M | 120.3M | 108.3M | 113.7M | |
Other Current Liab | 3.1M | 20.1M | 24.8M | 23.9M | 35.1M | 36.8M | |
Total Current Liabilities | 62.2M | 70.5M | 101.5M | 90.9M | 103.3M | 108.5M | |
Total Stockholder Equity | 233.5M | 265.2M | 302.6M | 350.0M | 406.0M | 426.3M | |
Property Plant And Equipment Net | 135.4M | 156.2M | 172.5M | 196.0M | 220.6M | 231.6M | |
Net Debt | 64.6M | 107.6M | 131.2M | 112.8M | 101.1M | 106.2M | |
Retained Earnings | 182.9M | 213.9M | 254.4M | 302.4M | 364.5M | 382.8M | |
Cash | 4.3M | 3.0M | 3.5M | 7.6M | 7.2M | 10.8M | |
Non Current Assets Total | 258.3M | 309.5M | 339.6M | 358.5M | 470.3M | 493.9M | |
Non Currrent Assets Other | 3.8M | 6.2M | (1.4M) | (3.8M) | 25.5M | 26.7M | |
Cash And Short Term Investments | 4.3M | 3.0M | 3.5M | 7.6M | 7.2M | 6.8M | |
Net Receivables | 67.4M | 90.6M | 122.8M | 129.3M | 114.5M | 120.2M | |
Common Stock Shares Outstanding | 21.3M | 21.3M | 21.1M | 21.0M | 21.0M | 23.0M | |
Liabilities And Stockholders Equity | 389.3M | 472.6M | 567.3M | 590.5M | 657.9M | 690.8M | |
Non Current Liabilities Total | 93.6M | 136.8M | 163.3M | 149.6M | 163.8M | 172.0M | |
Inventory | 54.4M | 63.9M | 95.0M | 88.8M | 74.6M | 78.3M | |
Other Current Assets | 4.9M | 5.5M | 12.9M | 6.4M | 6.6M | 4.7M | |
Other Stockholder Equity | 50.4M | 51.1M | 46.7M | 44.4M | 38.2M | 40.2M | |
Total Liab | 155.8M | 207.3M | 264.7M | 240.5M | 251.9M | 264.5M | |
Property Plant And Equipment Gross | 135.4M | 156.2M | 161.8M | 185.8M | 398.4M | 418.3M | |
Total Current Assets | 131.0M | 163.0M | 227.7M | 232.0M | 202.8M | 213.0M | |
Accumulated Other Comprehensive Income | (79K) | (155.8M) | 1.3M | 2.9M | 3.1M | 3.3M | |
Short Term Debt | 9.9M | 11.4M | 13.1M | 9.9M | 11.4M | 12.0M | |
Intangible Assets | 60.7M | 76.4M | 80.2M | 73.1M | 116.6M | 122.5M | |
Accounts Payable | 34.1M | 37.3M | 66.7M | 53.7M | 56.4M | 59.2M | |
Common Stock | 530K | 211K | 210K | 209K | 208K | 378.0K | |
Other Liab | 37.7M | 36.2M | 37.8M | 38.5M | 44.2M | 46.5M | |
Other Assets | 3.8M | 6.2M | 7.8M | (15.2M) | (17.5M) | (16.6M) | |
Long Term Debt | 49.8M | 88.8M | 115.6M | 101.7M | 88.8M | 60.8M | |
Property Plant Equipment | 126.3M | 156.2M | 161.8M | 185.8M | 213.7M | 224.4M | |
Current Deferred Revenue | 13.5M | 18.0M | 19.1M | 20.6M | 1.9M | 1.8M | |
Net Tangible Assets | 233.5M | 118.2M | 302.6M | 350.0M | 402.5M | 237.6M | |
Retained Earnings Total Equity | 182.9M | 213.9M | 254.4M | 302.4M | 347.8M | 180.4M | |
Capital Surpluse | 50.1M | 51.1M | 46.7M | 44.4M | 40.0M | 39.6M | |
Deferred Long Term Liab | 25.1M | 24.4M | 23.4M | 23.8M | 27.4M | 24.4M | |
Non Current Liabilities Other | 18.8M | 1.4M | 9.1M | 8.7M | 12.5M | 9.9M |
Pair Trading with Hawkins
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 Hawkins 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 Hawkins will appreciate offsetting losses from the drop in the long position's value.Moving together with Hawkins Stock
The ability to find closely correlated positions to Hawkins could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hawkins 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 Hawkins - 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 Hawkins to buy it.
The correlation of Hawkins 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 Hawkins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hawkins 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 Hawkins 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 Hawkins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Hawkins Stock, please use our How to Invest in Hawkins guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Commodity Chemicals 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 Hawkins. If investors know Hawkins 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 Hawkins 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 0.055 | Dividend Share 0.66 | Earnings Share 3.91 | Revenue Per Share 44.914 | Quarterly Revenue Growth 0.044 |
The market value of Hawkins is measured differently than its book value, which is the value of Hawkins that is recorded on the company's balance sheet. Investors also form their own opinion of Hawkins' value that differs from its market value or its book value, called intrinsic value, which is Hawkins' 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 Hawkins' market value can be influenced by many factors that don't directly affect Hawkins' 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 Hawkins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawkins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawkins' 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.