Hain Other Operating Expenses vs Cost Of Revenue Analysis

HAIN Stock  USD 8.08  0.01  0.12%   
Hain Celestial financial indicator trend analysis is much more than just examining Hain Celestial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hain Celestial is a good investment. Please check the relationship between Hain Celestial Other Operating Expenses and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hain Celestial Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Hain Celestial's Other Operating Expenses and Cost Of Revenue is 1.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of The Hain Celestial, assuming nothing else is changed. The correlation between historical values of Hain Celestial's Other Operating Expenses and Cost Of Revenue 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 Operating Expenses of The Hain Celestial are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., Hain Celestial's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hain Celestial. It is also known as Hain Celestial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Hain Celestial income statement and represents the costs associated with goods and services Hain Celestial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Hain Celestial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hain Celestial 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 The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Hain Celestial's Discontinued Operations is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop about 231.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit427.4M396.4M380.8M323.0M
Total Revenue1.9B1.8B1.7B1.3B

Hain Celestial fundamental ratios Correlations

0.690.150.950.940.80.610.940.880.80.99-0.240.80.950.890.810.970.60.490.910.960.530.910.640.350.67
0.69-0.050.550.450.580.990.630.560.570.7-0.160.570.610.570.890.690.490.090.860.620.470.650.510.630.51
0.15-0.050.20.230.5-0.030.33-0.08-0.140.19-0.1-0.14-0.020.34-0.030.20.380.440.030.06-0.23-0.120.640.370.65
0.950.550.20.950.710.470.880.850.720.93-0.160.720.910.860.650.910.520.590.80.930.60.860.580.310.6
0.940.450.230.950.730.350.890.850.780.92-0.190.780.910.890.570.90.530.60.710.930.450.860.590.270.63
0.80.580.50.710.730.540.890.580.540.83-0.390.540.60.790.70.820.810.340.760.690.250.560.890.560.9
0.610.99-0.030.470.350.540.560.480.440.63-0.150.440.520.530.860.610.480.040.820.530.410.560.480.650.48
0.940.630.330.880.890.890.560.750.730.92-0.40.730.80.850.760.960.720.450.850.920.340.770.820.410.84
0.880.56-0.080.850.850.580.480.750.690.870.060.690.930.810.680.840.420.270.780.850.410.880.430.230.45
0.80.57-0.140.720.780.540.440.730.690.76-0.131.00.840.550.630.780.320.270.70.850.590.830.40.230.43
0.990.70.190.930.920.830.630.920.870.76-0.230.760.930.910.830.950.630.480.920.910.530.90.650.380.67
-0.24-0.16-0.1-0.16-0.19-0.39-0.15-0.40.06-0.13-0.23-0.13-0.05-0.17-0.28-0.29-0.52-0.36-0.27-0.250.05-0.14-0.320.04-0.36
0.80.57-0.140.720.780.540.440.730.691.00.76-0.130.840.550.630.780.320.270.70.850.590.830.40.230.43
0.950.61-0.020.910.910.60.520.80.930.840.93-0.050.840.810.720.890.380.480.830.930.580.950.440.220.46
0.890.570.340.860.890.790.530.850.810.550.91-0.170.550.810.640.840.590.560.750.80.290.740.670.490.7
0.810.89-0.030.650.570.70.860.760.680.630.83-0.280.630.720.640.80.570.130.980.730.470.730.560.380.56
0.970.690.20.910.90.820.610.960.840.780.95-0.290.780.890.840.80.630.410.890.950.430.840.740.390.77
0.60.490.380.520.530.810.480.720.420.320.63-0.520.320.380.590.570.630.170.60.520.10.460.730.430.75
0.490.090.440.590.60.340.040.450.270.270.48-0.360.270.480.560.130.410.170.270.470.250.410.290.10.32
0.910.860.030.80.710.760.820.850.780.70.92-0.270.70.830.750.980.890.60.270.840.540.820.610.390.61
0.960.620.060.930.930.690.530.920.850.850.91-0.250.850.930.80.730.950.520.470.840.490.880.60.280.63
0.530.47-0.230.60.450.250.410.340.410.590.530.050.590.580.290.470.430.10.250.540.490.62-0.020.08-0.02
0.910.65-0.120.860.860.560.560.770.880.830.9-0.140.830.950.740.730.840.460.410.820.880.620.330.160.37
0.640.510.640.580.590.890.480.820.430.40.65-0.320.40.440.670.560.740.730.290.610.6-0.020.330.670.99
0.350.630.370.310.270.560.650.410.230.230.380.040.230.220.490.380.390.430.10.390.280.080.160.670.64
0.670.510.650.60.630.90.480.840.450.430.67-0.360.430.460.70.560.770.750.320.610.63-0.020.370.990.64
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Hain Celestial Account Relationship Matchups

Hain Celestial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.2B2.5B2.3B2.1B1.5B
Short Long Term Debt Total365.7M317.0M996.1M918.8M835.7M877.5M
Other Current Liab127.6M107.1M73.7M78.0M75.0M37.7M
Total Current Liabilities300.3M290.4M269.3M230.9M281.5M190.6M
Total Stockholder Equity1.4B1.5B1.1B1.0B942.9M899.9M
Property Plant And Equipment Net377.4M404.8M412.1M392.2M348.4M189.2M
Net Debt328.0M241.1M930.6M865.4M781.4M820.5M
Retained Earnings614.2M691.2M769.1M652.6M577.5M374.5M
Accounts Payable171.0M171.9M174.8M134.8M188.2M136.6M
Cash37.8M75.9M65.5M53.4M54.3M51.2M
Non Current Assets Total1.6B1.6B1.9B1.7B1.6B1.1B
Non Currrent Assets Other(27.6M)(21.5M)(74.7M)(46.2M)22.6M23.8M
Cash And Short Term Investments37.8M75.9M65.5M53.4M54.3M50.7M
Net Receivables171.0M174.1M170.7M160.9M179.2M140.3M
Common Stock Shares Outstanding103.6M101.3M93.3M89.4M89.8M82.9M
Liabilities And Stockholders Equity2.2B2.2B2.5B2.3B2.1B1.5B
Non Current Liabilities Total444.6M392.6M1.1B1.0B893.1M451.6M
Inventory248.2M285.4M308.0M310.3M274.1M193.0M
Other Current Assets104.0M41.7M103.4M66.4M49.4M36.2M
Other Stockholder Equity999.7M903.6M477.4M490.4M501.5M530.9M
Total Liab744.9M683.0M1.4B1.2B1.2B636.1M
Total Current Assets560.9M577.1M600.1M591.0M557.1M433.7M
Short Term Debt1.7M11.4M20.9M18.1M18.3M13.2M
Intangible Assets346.5M314.9M477.5M298.1M244.8M321.3M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.3M703.0K
Property Plant And Equipment Gross377.4M404.8M412.1M392.2M607.3M637.7M
Accumulated Other Comprehensive Income(171.4M)(73.0M)(164.5M)(126.2M)(137.2M)(130.4M)
Common Stock1.1M1.1M1.1M1.1M1.1M723.1K
Other Assets24.2M21.2M20.4M19.9M22.9M30.6M
Long Term Debt281.1M230.5M880.9M821.2M736.5M445.4M
Good Will862.0M871.1M933.8M938.6M929.3M755.5M
Treasury Stock(110.0M)(172.2M)(284.0M)(725.7M)(653.1M)(620.5M)
Property Plant Equipment377.4M404.8M412.1M392.2M451.1M235.9M
Other Liab79.9M76.2M117.5M98.7M113.5M69.5M
Net Tangible Assets235.1M336.9M(328.2M)(218.8M)(251.7M)(239.1M)
Retained Earnings Total Equity614.2M691.2M769.1M652.6M750.4M682.8M
Long Term Debt Total281.1M230.5M880.9M821.2M944.4M668.4M
Capital Surpluse1.2B1.2B1.2B1.2B1.4B1.2B

Pair Trading with Hain Celestial

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 Hain Celestial 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 Hain Celestial will appreciate offsetting losses from the drop in the long position's value.

Moving against Hain Stock

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  0.42TSN Tyson FoodsPairCorr
The ability to find closely correlated positions to Hain Celestial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hain Celestial 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 Hain Celestial - 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 The Hain Celestial to buy it.
The correlation of Hain Celestial 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 Hain Celestial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hain Celestial 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 Hain Celestial 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 Hain Celestial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hain Celestial'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 The Hain Celestial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Hain Celestial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hain Celestial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Packaged Foods & Meats 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 Hain Celestial. If investors know Hain 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 Hain Celestial 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
(0.64)
Earnings Share
(0.94)
Revenue Per Share
18.988
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0262
The market value of Hain Celestial is measured differently than its book value, which is the value of Hain that is recorded on the company's balance sheet. Investors also form their own opinion of Hain Celestial's value that differs from its market value or its book value, called intrinsic value, which is Hain Celestial'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 Hain Celestial's market value can be influenced by many factors that don't directly affect Hain Celestial'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 Hain Celestial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hain Celestial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hain Celestial'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.