DINO Change To Operating Activities vs Net Income Analysis

DINO Stock  USD 37.45  0.71  1.86%   
HF Sinclair financial indicator trend analysis is much more than just examining HF Sinclair Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HF Sinclair Corp is a good investment. Please check the relationship between HF Sinclair Change To Operating Activities and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair 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 board of governors.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HF Sinclair Corp Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HF Sinclair's Change To Operating Activities and Net Income is 0.48. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of HF Sinclair Corp, assuming nothing else is changed. The correlation between historical values of HF Sinclair's Change To Operating Activities and Net Income 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 To Operating Activities of HF Sinclair Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., HF Sinclair's Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in HF Sinclair Corp financial statement analysis. It represents the amount of money remaining after all of HF Sinclair Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from HF Sinclair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HF Sinclair 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair 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 board of governors.
At this time, HF Sinclair's Selling General Administrative is very stable compared to the past year. As of the 15th of December 2024, Tax Provision is likely to grow to about 702.3 M, while Sales General And Administrative To Revenue is likely to drop 0.01.
 2021 2022 2023 2024 (projected)
Interest Expense125.2M175.6M190.8M200.3M
Depreciation And Amortization503.5M656.8M770.6M809.1M

HF Sinclair fundamental ratios Correlations

0.810.410.890.950.960.480.890.610.960.220.450.940.370.830.950.070.780.960.91-0.210.940.930.530.450.2
0.810.10.590.650.890.780.820.350.860.380.120.740.090.850.76-0.150.340.90.62-0.370.660.810.460.40.42
0.410.10.710.390.22-0.120.140.590.29-0.030.530.43-0.060.560.340.910.560.410.53-0.010.540.250.240.210.01
0.890.590.710.840.760.260.630.670.790.130.550.910.280.790.880.430.870.860.91-0.150.970.810.40.310.18
0.950.650.390.840.890.30.850.630.930.190.480.890.490.690.90.070.860.840.85-0.140.910.860.530.450.03
0.960.890.220.760.890.670.940.40.980.340.210.890.290.840.91-0.110.610.950.79-0.290.830.940.520.450.3
0.480.78-0.120.260.30.670.6-0.250.580.63-0.440.49-0.270.680.5-0.29-0.050.630.27-0.440.320.630.170.140.56
0.890.820.140.630.850.940.60.380.920.240.220.790.290.730.8-0.190.480.860.72-0.330.720.850.540.510.28
0.610.350.590.670.630.4-0.250.380.48-0.250.930.490.430.450.490.410.720.530.70.050.620.350.410.36-0.34
0.960.860.290.790.930.980.580.920.480.390.280.880.350.830.89-0.010.680.920.76-0.220.860.910.580.510.24
0.220.38-0.030.130.190.340.630.24-0.250.39-0.440.28-0.250.40.22-0.040.060.27-0.04-0.220.150.340.0-0.030.15
0.450.120.530.550.480.21-0.440.220.930.28-0.440.320.520.230.340.390.630.340.620.290.50.150.410.39-0.37
0.940.740.430.910.890.890.490.790.490.880.280.320.20.790.980.080.780.930.9-0.330.960.960.290.190.3
0.370.09-0.060.280.490.29-0.270.290.430.35-0.250.520.2-0.070.31-0.130.490.170.330.390.360.180.660.61-0.2
0.830.850.560.790.690.840.680.730.450.830.40.230.79-0.070.760.310.50.920.73-0.310.750.780.460.410.34
0.950.760.340.880.90.910.50.80.490.890.220.340.980.310.76-0.020.780.930.91-0.30.950.960.340.240.26
0.07-0.150.910.430.07-0.11-0.29-0.190.41-0.01-0.040.390.08-0.130.31-0.020.320.080.180.180.23-0.090.20.2-0.01
0.780.340.560.870.860.61-0.050.480.720.680.060.630.780.490.50.780.320.630.810.080.880.670.330.23-0.18
0.960.90.410.860.840.950.630.860.530.920.270.340.930.170.920.930.080.630.88-0.320.890.930.460.390.34
0.910.620.530.910.850.790.270.720.70.76-0.040.620.90.330.730.910.180.810.88-0.180.930.820.370.280.1
-0.21-0.37-0.01-0.15-0.14-0.29-0.44-0.330.05-0.22-0.220.29-0.330.39-0.31-0.30.180.08-0.32-0.18-0.16-0.350.270.31-0.24
0.940.660.540.970.910.830.320.720.620.860.150.50.960.360.750.950.230.880.890.93-0.160.880.410.320.21
0.930.810.250.810.860.940.630.850.350.910.340.150.960.180.780.96-0.090.670.930.82-0.350.880.30.210.38
0.530.460.240.40.530.520.170.540.410.580.00.410.290.660.460.340.20.330.460.370.270.410.30.980.13
0.450.40.210.310.450.450.140.510.360.51-0.030.390.190.610.410.240.20.230.390.280.310.320.210.980.14
0.20.420.010.180.030.30.560.28-0.340.240.15-0.370.3-0.20.340.26-0.01-0.180.340.1-0.240.210.380.130.14
Click cells to compare fundamentals

HF Sinclair Account Relationship Matchups

HF Sinclair fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B11.5B12.9B18.1B17.7B18.6B
Short Long Term Debt Total2.8B3.4B3.4B3.6B3.1B3.3B
Other Current Liab366.0M276.3M341.4M494.5M453.0M475.7M
Total Current Liabilities1.7B1.4B2.1B3.2B2.8B2.9B
Total Stockholder Equity6.0B5.2B5.7B9.2B10.2B10.7B
Property Plant And Equipment Net5.3B4.9B5.8B7.0B7.0B7.3B
Net Debt1.9B2.1B3.2B1.9B1.7B1.8B
Retained Earnings4.7B3.9B4.4B4.1B5.4B5.6B
Cash885.2M1.4B234.4M1.7B1.4B1.4B
Non Current Assets Total8.9B8.2B9.2B11.4B11.6B12.1B
Non Currrent Assets Other821.4M643.7M751.0M895.2M1.2B1.3B
Cash And Short Term Investments885.2M1.4B234.4M1.7B1.4B1.4B
Net Receivables879.7M630.0M1.2B1.6B1.7B1.8B
Common Stock Shares Outstanding167.4M162.0M162.6M202.6M190.0M161.5M
Liabilities And Stockholders Equity12.2B11.5B12.9B18.1B17.7B18.6B
Non Current Liabilities Total4.0B4.4B4.6B4.9B4.7B4.9B
Inventory1.5B1.2B2.1B3.2B2.9B3.1B
Other Current Assets67.1M138.9M164.0M165.6M145.8M80.7M
Other Stockholder Equity1.2B1.2B1.3B5.1B4.8B5.0B
Total Liab5.7B5.8B6.6B8.1B7.5B7.9B
Total Current Assets3.3B3.3B3.8B6.7B6.1B6.5B
Short Term Debt104.4M97.9M110.6M416.9M107.0M101.6M
Accounts Payable1.2B1.0B1.6B2.3B2.2B2.3B
Property Plant And Equipment Gross5.3B4.9B8.8B10.5B10.9B11.4B
Accumulated Other Comprehensive Income14.8M13.5M2.7M(22.0M)(11.8M)(12.4M)
Other Assets821.4M643.7M9.7B895.2M1.0B720.5M
Long Term Debt2.5B3.1B3.1B2.9B2.7B1.5B
Treasury Stock(2.5B)(3.0B)(3.0B)(3.0B)(2.7B)(2.5B)
Property Plant Equipment4.8B4.9B5.8B7.0B8.1B8.5B
Other Liab1.1B975.9M1.1B1.6B1.9B1.9B
Intangible Assets373.5M334.8M299.1M463.7M410.6M431.2M
Good Will2.4B2.3B2.3B3.0B3.0B2.2B
Net Tangible Assets6.3B5.5B6.0B5.8B6.7B5.8B
Noncontrolling Interest In Consolidated Entity540.5M531.2M553.8M606.6M545.9M462.3M
Retained Earnings Total Equity4.2B4.7B3.9B4.4B5.1B3.6B

Pair Trading with HF Sinclair

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 HF Sinclair 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 HF Sinclair will appreciate offsetting losses from the drop in the long position's value.

Moving together with DINO Stock

  0.74BPT BP Prudhoe BayPairCorr
  0.83CVI CVR EnergyPairCorr

Moving against DINO Stock

  0.8BDCO Blue Dolphin EnergyPairCorr
  0.59AE Adams Resources EnergyPairCorr
  0.43AMTX AemetisPairCorr
  0.35AR Antero Resources CorpPairCorr
The ability to find closely correlated positions to HF Sinclair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HF Sinclair 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 HF Sinclair - 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 HF Sinclair Corp to buy it.
The correlation of HF Sinclair 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 HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair 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 HF Sinclair 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 HF Sinclair Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HF Sinclair's 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 Hf Sinclair Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hf Sinclair Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair 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 board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Refining & Marketing 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 HF Sinclair. If investors know DINO 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 HF Sinclair 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
(0.70)
Dividend Share
1.95
Earnings Share
1.73
Revenue Per Share
155.095
Quarterly Revenue Growth
(0.19)
The market value of HF Sinclair Corp is measured differently than its book value, which is the value of DINO that is recorded on the company's balance sheet. Investors also form their own opinion of HF Sinclair's value that differs from its market value or its book value, called intrinsic value, which is HF Sinclair'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 HF Sinclair's market value can be influenced by many factors that don't directly affect HF Sinclair'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 HF Sinclair's value and its price as these two are different measures arrived at by different means. Investors typically determine if HF Sinclair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HF Sinclair'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.