Hawkins Good Will vs Long Term Debt Total Analysis

HWKN Stock  USD 133.39  3.92  2.85%   
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 Good Will and its Long Term Debt Total 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.

Good Will vs Long Term Debt Total

Good Will vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hawkins Good Will account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hawkins' Good Will and Long Term Debt Total is -0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Hawkins, assuming nothing else is changed. The correlation between historical values of Hawkins' Good Will and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hawkins are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Good Will i.e., Hawkins' Good Will and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt Total

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 28th of November 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 Profit146.5M165.1M193.6M203.3M
Total Revenue774.5M935.1M919.2M965.1M

Hawkins fundamental ratios Correlations

0.410.680.980.960.980.840.95-0.440.990.54-0.520.960.40.90.940.720.30.950.850.930.840.930.95-0.76-0.73
0.410.540.40.470.430.080.40.490.310.020.470.4-0.060.230.380.390.710.30.250.580.280.170.37-0.220.15
0.680.540.690.770.720.310.790.070.660.670.00.670.330.440.510.4-0.020.510.790.690.360.520.67-0.78-0.13
0.980.40.690.960.970.810.95-0.440.960.56-0.510.980.380.860.950.780.250.920.850.950.820.890.99-0.81-0.69
0.960.470.770.960.990.660.99-0.290.940.66-0.350.930.430.750.870.640.30.820.910.930.820.830.91-0.79-0.54
0.980.430.720.970.990.740.99-0.370.960.62-0.440.950.420.810.910.680.310.870.890.940.860.870.93-0.79-0.63
0.840.080.310.810.660.740.66-0.730.850.22-0.820.810.250.970.850.70.180.960.540.70.720.910.8-0.58-0.95
0.950.40.790.950.990.990.66-0.320.940.7-0.390.930.450.740.860.620.20.810.940.920.790.830.92-0.83-0.55
-0.440.490.07-0.44-0.29-0.37-0.73-0.32-0.48-0.150.98-0.46-0.17-0.58-0.54-0.450.21-0.56-0.27-0.28-0.5-0.58-0.480.410.79
0.990.310.660.960.940.960.850.94-0.480.61-0.570.910.450.920.880.650.240.950.880.860.820.970.91-0.73-0.77
0.540.020.670.560.660.620.220.7-0.150.61-0.210.460.60.320.310.11-0.210.360.890.40.460.560.48-0.6-0.22
-0.520.470.0-0.51-0.35-0.44-0.82-0.390.98-0.57-0.21-0.52-0.26-0.69-0.58-0.450.22-0.66-0.35-0.33-0.53-0.69-0.530.440.89
0.960.40.670.980.930.950.810.93-0.460.910.46-0.520.30.830.970.80.230.90.770.970.810.840.98-0.85-0.68
0.4-0.060.330.380.430.420.250.45-0.170.450.6-0.260.30.310.260.01-0.070.310.570.260.340.450.33-0.3-0.26
0.90.230.440.860.750.810.970.74-0.580.920.32-0.690.830.310.850.680.260.990.650.760.720.960.82-0.58-0.9
0.940.380.510.950.870.910.850.86-0.540.880.31-0.580.970.260.850.860.360.910.670.950.840.830.96-0.74-0.74
0.720.390.40.780.640.680.70.62-0.450.650.11-0.450.80.010.680.860.310.740.410.810.630.60.85-0.63-0.56
0.30.71-0.020.250.30.310.180.20.210.24-0.210.220.23-0.070.260.360.310.280.030.390.50.180.20.14-0.09
0.950.30.510.920.820.870.960.81-0.560.950.36-0.660.90.310.990.910.740.280.70.840.780.960.89-0.65-0.87
0.850.250.790.850.910.890.540.94-0.270.880.89-0.350.770.570.650.670.410.030.70.740.680.810.78-0.74-0.48
0.930.580.690.950.930.940.70.92-0.280.860.4-0.330.970.260.760.950.810.390.840.740.780.760.95-0.79-0.55
0.840.280.360.820.820.860.720.79-0.50.820.46-0.530.810.340.720.840.630.50.780.680.780.790.78-0.61-0.69
0.930.170.520.890.830.870.910.83-0.580.970.56-0.690.840.450.960.830.60.180.960.810.760.790.84-0.64-0.87
0.950.370.670.990.910.930.80.92-0.480.910.48-0.530.980.330.820.960.850.20.890.780.950.780.84-0.83-0.67
-0.76-0.22-0.78-0.81-0.79-0.79-0.58-0.830.41-0.73-0.60.44-0.85-0.3-0.58-0.74-0.630.14-0.65-0.74-0.79-0.61-0.64-0.830.45
-0.730.15-0.13-0.69-0.54-0.63-0.95-0.550.79-0.77-0.220.89-0.68-0.26-0.9-0.74-0.56-0.09-0.87-0.48-0.55-0.69-0.87-0.670.45
Click cells to compare fundamentals

Hawkins Account Relationship Matchups

Hawkins fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets389.3M472.6M567.3M590.5M657.9M690.8M
Short Long Term Debt Total68.8M110.6M134.7M120.3M108.3M113.7M
Other Current Liab3.1M20.1M24.8M23.9M35.1M36.8M
Total Current Liabilities62.2M70.5M101.5M90.9M103.3M108.5M
Total Stockholder Equity233.5M265.2M302.6M350.0M406.0M426.3M
Property Plant And Equipment Net135.4M156.2M172.5M196.0M220.6M231.6M
Net Debt64.6M107.6M131.2M112.8M101.1M106.2M
Retained Earnings182.9M213.9M254.4M302.4M364.5M382.8M
Cash4.3M3.0M3.5M7.6M7.2M10.8M
Non Current Assets Total258.3M309.5M339.6M358.5M470.3M493.9M
Non Currrent Assets Other3.8M6.2M(1.4M)(3.8M)25.5M26.7M
Cash And Short Term Investments4.3M3.0M3.5M7.6M7.2M6.8M
Net Receivables67.4M90.6M122.8M129.3M114.5M120.2M
Common Stock Shares Outstanding21.3M21.3M21.1M21.0M21.0M23.0M
Liabilities And Stockholders Equity389.3M472.6M567.3M590.5M657.9M690.8M
Non Current Liabilities Total93.6M136.8M163.3M149.6M163.8M172.0M
Inventory54.4M63.9M95.0M88.8M74.6M78.3M
Other Current Assets4.9M5.5M12.9M6.4M6.6M4.7M
Other Stockholder Equity50.4M51.1M46.7M44.4M38.2M40.2M
Total Liab155.8M207.3M264.7M240.5M251.9M264.5M
Property Plant And Equipment Gross135.4M156.2M161.8M185.8M398.4M418.3M
Total Current Assets131.0M163.0M227.7M232.0M202.8M213.0M
Accumulated Other Comprehensive Income(79K)(155.8M)1.3M2.9M3.1M3.3M
Short Term Debt9.9M11.4M13.1M9.9M11.4M12.0M
Intangible Assets60.7M76.4M80.2M73.1M116.6M122.5M
Accounts Payable34.1M37.3M66.7M53.7M56.4M59.2M
Common Stock530K211K210K209K208K378.0K
Other Liab37.7M36.2M37.8M38.5M44.2M46.5M
Other Assets3.8M6.2M7.8M(15.2M)(17.5M)(16.6M)
Long Term Debt49.8M88.8M115.6M101.7M88.8M60.8M
Property Plant Equipment126.3M156.2M161.8M185.8M213.7M224.4M
Current Deferred Revenue13.5M18.0M19.1M20.6M1.9M1.8M
Net Tangible Assets233.5M118.2M302.6M350.0M402.5M237.6M
Retained Earnings Total Equity182.9M213.9M254.4M302.4M347.8M180.4M
Capital Surpluse50.1M51.1M46.7M44.4M40.0M39.6M
Deferred Long Term Liab25.1M24.4M23.4M23.8M27.4M24.4M
Non Current Liabilities Other18.8M1.4M9.1M8.7M12.5M9.9M

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

  0.65CC ChemoursPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Hawkins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hawkins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hawkins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hawkins Stock:
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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
3.8
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.