Haemonetics Other Stockholder Equity vs Total Current Assets Analysis

HAE Stock  USD 88.53  0.07  0.08%   
Haemonetics financial indicator trend analysis is much more than just examining Haemonetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haemonetics is a good investment. Please check the relationship between Haemonetics Other Stockholder Equity and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haemonetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.

Other Stockholder Equity vs Total Current Assets

Other Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haemonetics Other Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Haemonetics' Other Stockholder Equity and Total Current Assets is 0.74. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Haemonetics, assuming nothing else is changed. The correlation between historical values of Haemonetics' Other Stockholder Equity and Total Current 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 Other Stockholder Equity of Haemonetics are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Stockholder Equity i.e., Haemonetics' Other Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Haemonetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haemonetics 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 Haemonetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.At present, Haemonetics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 25.70, whereas Selling General Administrative is forecasted to decline to about 235.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit505.5M615.1M691.5M726.1M
Total Revenue993.2M1.2B1.3B1.4B

Haemonetics fundamental ratios Correlations

-0.68-0.59-0.690.02-0.110.01-0.57-0.19-0.6-0.14-0.680.06-0.15-0.09-0.62-0.63-0.13-0.59-0.62-0.61-0.130.16-0.66-0.020.34
-0.680.940.820.50.640.480.870.30.910.580.990.070.590.60.920.930.580.890.960.810.740.050.950.59-0.57
-0.590.940.680.470.440.350.970.070.790.460.95-0.020.460.450.970.910.590.80.990.830.660.070.920.59-0.33
-0.690.820.680.380.470.280.590.160.860.530.78-0.140.530.510.710.80.30.830.760.750.59-0.080.70.24-0.47
0.020.50.470.380.540.570.38-0.070.560.590.45-0.210.590.590.30.540.430.650.50.440.70.80.360.65-0.49
-0.110.640.440.470.540.790.30.670.610.750.580.340.740.870.410.490.550.590.460.340.870.120.540.63-0.85
0.010.480.350.280.570.790.290.360.580.410.460.040.410.860.270.380.120.590.350.310.650.220.310.85-0.71
-0.570.870.970.590.380.30.29-0.020.710.250.91-0.070.250.340.960.870.510.730.950.780.510.010.890.6-0.18
-0.190.30.070.16-0.070.670.36-0.020.230.360.290.690.360.410.10.010.270.030.060.090.3-0.190.340.11-0.54
-0.60.910.790.860.560.610.580.710.230.570.870.010.570.710.760.820.350.90.840.780.70.110.760.6-0.6
-0.140.580.460.530.590.750.410.250.360.570.480.181.00.650.410.480.580.560.490.460.860.260.430.28-0.67
-0.680.990.950.780.450.580.460.910.290.870.480.050.490.540.940.910.550.850.960.820.670.020.970.6-0.49
0.060.07-0.02-0.14-0.210.340.04-0.070.690.010.180.050.170.150.02-0.080.34-0.24-0.05-0.220.16-0.240.170.05-0.23
-0.150.590.460.530.590.740.410.250.360.571.00.490.170.650.410.480.580.560.490.460.860.260.440.28-0.67
-0.090.60.450.510.590.870.860.340.410.710.650.540.150.650.410.520.310.660.480.420.850.130.420.71-0.78
-0.620.920.970.710.30.410.270.960.10.760.410.940.020.410.410.90.570.760.970.790.61-0.160.920.5-0.28
-0.630.930.910.80.540.490.380.870.010.820.480.91-0.080.480.520.90.590.920.950.710.720.10.870.59-0.49
-0.130.580.590.30.430.550.120.510.270.350.580.550.340.580.310.570.590.40.580.230.690.150.690.35-0.36
-0.590.890.80.830.650.590.590.730.030.90.560.85-0.240.560.660.760.920.40.850.710.740.20.730.65-0.65
-0.620.960.990.760.50.460.350.950.060.840.490.96-0.050.490.480.970.950.580.850.830.680.060.930.58-0.37
-0.610.810.830.750.440.340.310.780.090.780.460.82-0.220.460.420.790.710.230.710.830.50.120.710.36-0.22
-0.130.740.660.590.70.870.650.510.30.70.860.670.160.860.850.610.720.690.740.680.50.210.610.65-0.72
0.160.050.07-0.080.80.120.220.01-0.190.110.260.02-0.240.260.13-0.160.10.150.20.060.120.21-0.030.31-0.2
-0.660.950.920.70.360.540.310.890.340.760.430.970.170.440.420.920.870.690.730.930.710.61-0.030.51-0.42
-0.020.590.590.240.650.630.850.60.110.60.280.60.050.280.710.50.590.350.650.580.360.650.310.51-0.51
0.34-0.57-0.33-0.47-0.49-0.85-0.71-0.18-0.54-0.6-0.67-0.49-0.23-0.67-0.78-0.28-0.49-0.36-0.65-0.37-0.22-0.72-0.2-0.42-0.51
Click cells to compare fundamentals

Haemonetics Account Relationship Matchups

Haemonetics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.8M51.3M51.4M51.4M51.4M42.5M
Total Assets1.3B1.8B1.9B1.9B2.2B2.3B
Short Long Term Debt Total382.5M707.6M773.6M765.9M807.8M848.2M
Other Current Liab127.7M128.5M116.8M145.9M185.6M194.8M
Total Current Liabilities284.3M253.5M442.3M251.8M300.4M161.5M
Total Stockholder Equity587.1M731.7M749.4M818.0M960.0M535.9M
Property Plant And Equipment Net253.4M217.6M258.5M310.9M366.6M185.9M
Net Debt245.2M515.3M514.1M481.4M629.0M660.4M
Retained Earnings78.5M158.0M202.4M253.2M360.5M281.9M
Accounts Payable50.7M50.3M58.4M63.9M73.4M77.0M
Cash137.3M192.3M259.5M284.5M178.8M138.4M
Non Current Assets Total663.5M1.1B1.1B1.2B1.4B1.5B
Non Currrent Assets Other66.3M76.9M63.2M107.0M81.1M99.2M
Cash And Short Term Investments137.3M192.3M259.5M284.5M178.8M140.6M
Net Receivables165.2M127.6M159.4M179.1M206.6M120.7M
Liabilities And Stockholders Equity1.3B1.8B1.9B1.9B2.2B2.3B
Non Current Liabilities Total395.7M834.8M668.0M865.0M935.2M982.0M
Inventory270.3M322.6M293.0M259.4M317.2M333.1M
Other Current Assets30.8M102.1M88.3M46.7M66.3M40.1M
Other Stockholder Equity553.2M602.7M572.5M594.7M634.6M666.4M
Total Liab680.0M1.1B1.1B1.1B1.2B1.3B
Property Plant And Equipment Gross305.6M217.6M869.1M944.2M959.2M1.0B
Total Current Assets603.6M693.5M756.0M769.7M768.9M437.2M
Accumulated Other Comprehensive Income(45.1M)(29.5M)(26.0M)(30.4M)(35.6M)(37.4M)
Short Term Debt77.0M24.7M221.3M11.8M10.2M9.7M
Intangible Assets133.1M365.5M310.3M275.8M406.1M426.4M
Other Liab48.7M38.2M76.9M108.6M124.9M131.1M
Other Assets14.1M17.0M67.7M58.8M1.00.95
Long Term Debt305.5M690.6M559.4M754.1M797.6M837.4M
Good Will210.7M466.4M467.3M466.2M565.1M593.3M
Property Plant Equipment253.4M277.4M258.5M310.9M357.5M213.6M
Current Deferred Revenue28.8M26.3M31.8M30.2M31.2M22.5M
Net Tangible Assets243.4M(100.3M)(28.1M)76.0M68.4M65.0M
Retained Earnings Total Equity78.5M158.0M202.4M253.2M227.9M230.9M
Long Term Debt Total305.5M690.6M559.4M754.1M867.2M910.6M
Capital Surpluse553.2M602.7M572.5M594.7M683.9M516.6M
Deferred Long Term Liab10.6M43.8M28.7M36.2M41.6M26.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Haemonetics is a strong investment it is important to analyze Haemonetics' 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 Haemonetics' future performance. For an informed investment choice regarding Haemonetics 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 Haemonetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Health Care Equipment & Supplies 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 Haemonetics. If investors know Haemonetics 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 Haemonetics 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
0.375
Earnings Share
2.39
Revenue Per Share
26.77
Quarterly Revenue Growth
0.086
Return On Assets
0.0588
The market value of Haemonetics is measured differently than its book value, which is the value of Haemonetics that is recorded on the company's balance sheet. Investors also form their own opinion of Haemonetics' value that differs from its market value or its book value, called intrinsic value, which is Haemonetics' 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 Haemonetics' market value can be influenced by many factors that don't directly affect Haemonetics' 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 Haemonetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Haemonetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haemonetics' 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.