HCI Total Liab vs Accounts Payable Analysis

HCI Stock  USD 121.87  5.16  4.42%   
HCI financial indicator trend analysis is much more than just examining HCI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCI Group is a good investment. Please check the relationship between HCI Total Liab and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCI Group Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between HCI's Total Liab and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of HCI Group, assuming nothing else is changed. The correlation between historical values of HCI's Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of HCI Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., HCI's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents HCI obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of HCI Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from HCI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCI Group 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 HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, HCI's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit386.1M471.5M528.0M554.4M
Total Revenue407.9M496.4M550.7M578.2M

HCI fundamental ratios Correlations

0.580.450.580.720.30.650.990.580.730.91-0.370.730.850.69-0.470.780.93-0.420.580.650.75-0.420.710.480.32
0.580.590.930.790.640.30.490.20.330.57-0.590.390.310.230.050.860.28-0.60.280.780.49-0.60.78-0.060.26
0.450.590.640.650.3-0.010.42-0.090.070.4-0.490.260.140.060.030.580.24-0.50.060.710.5-0.50.550.29-0.07
0.580.930.640.660.590.160.520.060.220.48-0.350.310.250.10.10.870.3-0.570.460.750.54-0.570.72-0.06-0.05
0.720.790.650.660.470.580.640.50.60.79-0.840.530.570.57-0.170.70.45-0.50.010.660.44-0.50.630.160.6
0.30.640.30.590.470.250.250.180.150.45-0.3-0.010.130.080.040.540.07-0.780.240.630.26-0.780.63-0.190.14
0.650.3-0.010.160.580.250.620.950.950.85-0.370.240.90.94-0.520.280.59-0.20.080.240.12-0.20.320.170.7
0.990.490.420.520.640.250.620.550.710.88-0.270.720.850.67-0.50.750.96-0.380.640.620.77-0.380.690.520.24
0.580.2-0.090.060.50.180.950.550.890.78-0.370.250.890.97-0.670.150.56-0.06-0.010.120.13-0.060.220.270.72
0.730.330.070.220.60.150.950.710.890.86-0.370.350.910.92-0.410.360.69-0.140.170.240.16-0.140.330.250.65
0.910.570.40.480.790.450.850.880.780.86-0.490.520.90.84-0.510.640.79-0.530.330.640.53-0.530.690.370.54
-0.37-0.59-0.49-0.35-0.84-0.3-0.37-0.27-0.37-0.37-0.49-0.48-0.3-0.420.1-0.36-0.140.270.41-0.4-0.210.27-0.36-0.18-0.76
0.730.390.260.310.53-0.010.240.720.250.350.52-0.480.510.39-0.390.590.74-0.120.370.420.76-0.130.510.590.37
0.850.310.140.250.570.130.90.850.890.910.9-0.30.510.95-0.710.440.85-0.160.330.350.47-0.160.450.480.53
0.690.230.060.10.570.080.940.670.970.920.84-0.420.390.95-0.70.250.69-0.060.040.210.26-0.060.30.420.7
-0.470.050.030.1-0.170.04-0.52-0.5-0.67-0.41-0.510.1-0.39-0.71-0.7-0.08-0.6-0.07-0.12-0.13-0.52-0.07-0.21-0.62-0.31
0.780.860.580.870.70.540.280.750.150.360.64-0.360.590.440.25-0.080.6-0.580.640.850.76-0.580.870.140.07
0.930.280.240.30.450.070.590.960.560.690.79-0.140.740.850.69-0.60.6-0.210.640.470.74-0.210.560.640.22
-0.42-0.6-0.5-0.57-0.5-0.78-0.2-0.38-0.06-0.14-0.530.27-0.12-0.16-0.06-0.07-0.58-0.21-0.33-0.79-0.371.0-0.780.1-0.06
0.580.280.060.460.010.240.080.64-0.010.170.330.410.370.330.04-0.120.640.64-0.330.430.62-0.330.540.13-0.4
0.650.780.710.750.660.630.240.620.120.240.64-0.40.420.350.21-0.130.850.47-0.790.430.71-0.790.960.240.07
0.750.490.50.540.440.260.120.770.130.160.53-0.210.760.470.26-0.520.760.74-0.370.620.71-0.370.740.58-0.05
-0.42-0.6-0.5-0.57-0.5-0.78-0.2-0.38-0.06-0.14-0.530.27-0.13-0.16-0.06-0.07-0.58-0.211.0-0.33-0.79-0.37-0.780.1-0.06
0.710.780.550.720.630.630.320.690.220.330.69-0.360.510.450.3-0.210.870.56-0.780.540.960.74-0.780.260.16
0.48-0.060.29-0.060.16-0.190.170.520.270.250.37-0.180.590.480.42-0.620.140.640.10.130.240.580.10.260.12
0.320.26-0.07-0.050.60.140.70.240.720.650.54-0.760.370.530.7-0.310.070.22-0.06-0.40.07-0.05-0.060.160.12
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HCI Account Relationship Matchups

HCI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets802.6M941.3M1.2B1.8B1.8B1.9B
Total Stockholder Equity185.5M201.1M323.4M162.6M324.8M166.6M
Other Liab31.5M52.7M43.2M25.1M22.6M23.3M
Retained Earnings183.4M199.6M246.8M172.5M238.4M140.0M
Cash229.2M431.3M628.9M234.9M536.5M563.3M
Common Stock Shares Outstanding10.2M9.7M8.6M8.8M11.0M9.4M
Non Current Liabilities Total167.7M168.4M57.2M27.0M1.4B1.5B
Total Liab617.1M740.2M762.4M1.5B1.4B1.5B
Other Current Liab(9.8M)(27.9M)(40.5M)(35.4M)253.9M266.6M
Total Current Liabilities9.8M27.9M21.2M27.0M275.9M289.7M
Property Plant And Equipment Net14.7M16.8M16.4M18.7M30.7M32.2M
Net Debt(55.8M)(247.1M)(566.2M)(22.5M)(326.6M)(310.2M)
Accounts Payable76K87K23.3M26.3M12.9M13.6M
Non Current Assets Total286.6M171.6M149.9M573.5M1.3B1.3B
Non Currrent Assets Other(2.6M)(1.6M)(900K)(2K)1.2B1.2B
Other Assets(72.1M)108.0M206.2M(238.8M)(323.1M)(307.0M)
Cash And Short Term Investments432.5M503.1M671.5M718.8M770.5M426.1M
Net Receivables155.6M158.7M149.2M728.1M547.8M575.2M
Short Term Investments203.3M71.7M42.6M483.9M234.0M156.0M
Liabilities And Stockholders Equity802.6M941.3M1.2B1.8B1.8B1.9B
Property Plant And Equipment Gross12.5M13.3M14.7M16.8M19.3M10.7M
Total Current Assets588.1M661.7M820.8M1.5B859.6M483.8M
Property Plant Equipment14.7M12.8M16.4M17.9M20.6M11.4M
Other Current Assets326.2M38.7M29.2M559.2M89.1M93.6M
Other Stockholder Equity178K(12K)76.1M(9.9M)89.6M94.0M
Accumulated Other Comprehensive Income2.2M1.5M498K(9.9M)(3.2M)(3.0M)
Long Term Debt163.6M156.5M45.5M211.7M208.5M152.2M
Retained Earnings Total Equity183.4M199.6M246.8M172.5M198.4M173.7M
Deferred Long Term Liab4.0M11.9M11.7M1.7M2.0M3.4M
Intangible Assets4.2M3.6M10.6M10.6M7.7M7.2M
Short Long Term Debt Total173.4M184.3M62.7M212.4M209.9M161.4M
Net Tangible Assets181.4M197.6M312.7M245.6M282.4M233.5M
Long Term Debt Total163.7M156.5M45.5M211.7M243.4M174.9M
Long Term Investments343.1M226.3M197.1M617.5M452.4M346.0M
Non Current Liabilities Other603.3M704.5M735.7M1.5B1.8B1.9B

Currently Active Assets on Macroaxis

When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI'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 Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Property & Casualty Insurance 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 HCI. If investors know HCI 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 HCI 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
16.123
Dividend Share
1.6
Earnings Share
12.05
Revenue Per Share
78.183
Quarterly Revenue Growth
0.48
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI'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 HCI's market value can be influenced by many factors that don't directly affect HCI'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 HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI'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.