Hexcel Income Tax Expense vs Depreciation And Amortization Analysis

HXL Stock  USD 62.81  0.35  0.56%   
Hexcel financial indicator trend analysis is much more than just examining Hexcel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hexcel is a good investment. Please check the relationship between Hexcel Income Tax Expense and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexcel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Hexcel Stock please use our How to buy in Hexcel Stock guide.

Income Tax Expense vs Depreciation And Amortization

Income Tax Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hexcel Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hexcel's Income Tax Expense and Depreciation And Amortization is -0.3. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Hexcel, assuming nothing else is changed. The correlation between historical values of Hexcel's Income Tax Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Hexcel are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., Hexcel's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Hexcel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hexcel 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 Hexcel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Hexcel Stock please use our How to buy in Hexcel Stock guide.At this time, Hexcel's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.15 this year, although Enterprise Value Over EBITDA will most likely fall to 18.74.
 2021 2022 2023 2024 (projected)
Gross Profit250.1M357.1M433.2M294.0M
Total Revenue1.3B1.6B1.8B1.2B

Hexcel fundamental ratios Correlations

0.860.430.660.960.980.820.930.560.990.170.560.650.430.860.7-0.05-0.670.890.69-0.060.480.850.60.30.79
0.860.110.530.70.910.980.810.20.920.280.20.580.291.00.63-0.28-0.720.980.57-0.020.360.660.690.370.63
0.430.110.50.570.390.050.380.480.340.40.480.420.410.10.410.31-0.070.170.490.150.440.49-0.08-0.340.54
0.660.530.50.650.640.490.450.190.590.250.190.950.770.530.950.34-0.10.650.930.120.960.350.120.140.88
0.960.70.570.650.910.640.890.70.920.120.70.610.480.70.680.09-0.570.750.72-0.070.480.880.530.210.81
0.980.910.390.640.910.880.890.440.990.30.440.660.440.910.71-0.1-0.650.920.67-0.010.470.790.560.240.77
0.820.980.050.490.640.880.750.080.880.340.080.570.280.980.59-0.32-0.670.960.480.00.330.570.590.350.56
0.930.810.380.450.890.890.750.70.94-0.020.70.410.120.80.48-0.26-0.870.80.51-0.120.250.950.780.430.6
0.560.20.480.190.70.440.080.70.49-0.371.00.04-0.040.180.14-0.03-0.550.20.29-0.160.070.80.50.180.36
0.990.920.340.590.920.990.880.940.490.190.490.590.370.920.65-0.13-0.730.920.63-0.060.40.850.660.340.73
0.170.280.40.250.120.30.34-0.02-0.370.19-0.370.40.410.260.340.040.190.280.220.310.27-0.08-0.33-0.530.29
0.560.20.480.190.70.440.080.71.00.49-0.370.04-0.040.180.14-0.03-0.550.20.29-0.160.070.80.50.180.36
0.650.580.420.950.610.660.570.410.040.590.40.040.780.590.930.28-0.070.690.890.050.90.260.080.070.86
0.430.290.410.770.480.440.280.12-0.040.370.41-0.040.780.330.770.680.320.430.790.140.760.12-0.15-0.220.82
0.861.00.10.530.70.910.980.80.180.920.260.180.590.330.64-0.22-0.70.990.59-0.040.360.660.70.370.64
0.70.630.410.950.680.710.590.480.140.650.340.140.930.770.640.26-0.130.740.960.160.90.370.210.120.91
-0.05-0.280.310.340.09-0.1-0.32-0.26-0.03-0.130.04-0.030.280.68-0.220.260.57-0.140.4-0.090.36-0.12-0.33-0.30.3
-0.67-0.72-0.07-0.1-0.57-0.65-0.67-0.87-0.55-0.730.19-0.55-0.070.32-0.7-0.130.57-0.65-0.150.190.1-0.8-0.88-0.56-0.2
0.890.980.170.650.750.920.960.80.20.920.280.20.690.430.990.74-0.14-0.650.69-0.020.490.650.650.360.73
0.690.570.490.930.720.670.480.510.290.630.220.290.890.790.590.960.4-0.150.690.040.860.450.290.10.94
-0.06-0.020.150.12-0.07-0.010.0-0.12-0.16-0.060.31-0.160.050.14-0.040.16-0.090.19-0.020.040.12-0.14-0.28-0.230.11
0.480.360.440.960.480.470.330.250.070.40.270.070.90.760.360.90.360.10.490.860.120.14-0.070.030.79
0.850.660.490.350.880.790.570.950.80.85-0.080.80.260.120.660.37-0.12-0.80.650.45-0.140.140.760.330.56
0.60.69-0.080.120.530.560.590.780.50.66-0.330.50.08-0.150.70.21-0.33-0.880.650.29-0.28-0.070.760.670.28
0.30.37-0.340.140.210.240.350.430.180.34-0.530.180.07-0.220.370.12-0.3-0.560.360.1-0.230.030.330.670.01
0.790.630.540.880.810.770.560.60.360.730.290.360.860.820.640.910.3-0.20.730.940.110.790.560.280.01
Click cells to compare fundamentals

Hexcel Account Relationship Matchups

Hexcel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B2.9B2.8B2.8B2.9B3.1B
Short Long Term Debt Total1.1B926.4M823.3M723.5M699.5M478.9M
Other Current Liab17.7M100.2M123.1M163.9M156.7M164.5M
Total Current Liabilities322.6M183.1M247.6M329.8M315.9M228.3M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.7B1.8B
Property Plant And Equipment Net1.9B1.9B1.7B1.7B1.7B1.8B
Net Debt995.7M823.1M695.6M611.5M472.5M432.5M
Retained Earnings2.0B2.0B2.0B2.1B2.2B2.3B
Cash64.4M103.3M127.7M112M227M238.4M
Non Current Assets Total2.4B2.4B2.2B2.1B2.1B2.2B
Non Currrent Assets Other(1.7M)32.2M4.9M15.1M8.7M8.3M
Cash And Short Term Investments64.4M103.3M127.7M112M227M238.4M
Net Receivables280.3M168.5M190.8M254.7M259.8M178.8M
Common Stock Shares Outstanding85.8M84M84.6M85M85.5M62.8M
Liabilities And Stockholders Equity3.1B2.9B2.8B2.8B2.9B3.1B
Non Current Liabilities Total1.4B1.2B1.1B953.3M886.1M563.3M
Inventory333.1M213.5M245.7M319.3M334.4M188.1M
Other Current Assets27.1M50.6M52.1M48.4M43M33.0M
Other Stockholder Equity(415.2M)(427.7M)(401.6M)(377.4M)(379.2M)(360.2M)
Total Liab1.7B1.4B1.3B1.3B1.2B791.6M
Total Current Assets704.9M535.9M616.3M734.4M864.2M447.3M
Short Term Debt9.4M9.5M12.9M11.3M100K95K
Accounts Payable157.6M70M113.2M155.5M159.1M106.2M
Property Plant And Equipment Gross1.9B3.1B3.1B3.1B3.2B3.4B
Accumulated Other Comprehensive Income(108M)(118.7M)(59.6M)(126.5M)(74.1M)(77.8M)
Good Will189.8M193.1M190.5M187M188.7M104.1M
Intangible Assets280.4M84.7M77M256M62.6M88.1M
Other Liab255.4M299M263.9M190.6M219.2M138.6M
Other Assets87.5M185.2M144.9M141.5M162.7M86.8M
Long Term Debt1.1B925.5M822.4M723.3M697.7M614.5M
Treasury Stock(1.2B)(1.3B)(1.3B)(1.3B)(1.2B)(1.1B)
Property Plant Equipment1.9B1.9B1.7B1.7B1.9B1.1B
Net Tangible Assets1.2B1.2B1.2B1.3B1.5B1.2B
Retained Earnings Total Equity2.0B2.0B2.0B2.1B2.4B1.2B
Long Term Debt Total1.1B925.5M822.4M723.3M831.8M731.9M
Capital Surpluse829.9M849.7M878.6M905M1.0B824.9M

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When determining whether Hexcel is a strong investment it is important to analyze Hexcel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hexcel's future performance. For an informed investment choice regarding Hexcel Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexcel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Hexcel Stock please use our How to buy in Hexcel Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Aerospace & Defense 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 Hexcel. If investors know Hexcel 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 Hexcel 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
0.085
Dividend Share
0.575
Earnings Share
1.31
Revenue Per Share
22.704
Quarterly Revenue Growth
0.088
The market value of Hexcel is measured differently than its book value, which is the value of Hexcel that is recorded on the company's balance sheet. Investors also form their own opinion of Hexcel's value that differs from its market value or its book value, called intrinsic value, which is Hexcel'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 Hexcel's market value can be influenced by many factors that don't directly affect Hexcel'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 Hexcel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hexcel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hexcel'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.