Hennessy Ebitda vs Operating Income Analysis
| HCVIU Stock | USD 10.55 0.02 0.19% |
Hennessy Capital financial indicator trend analysis is much more than just examining Hennessy Capital Inv latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hennessy Capital Inv is a good investment. Please check the relationship between Hennessy Capital Ebitda and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Capital Investment. 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.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Capital Inv Ebitda account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hennessy Capital's Ebitda and Operating Income is -0.56. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hennessy Capital Investment, assuming nothing else is changed. The correlation between historical values of Hennessy Capital's Ebitda and Operating 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 Ebitda of Hennessy Capital Investment are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Hennessy Capital's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.56 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Hennessy Capital Inv operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hennessy Capital Investment is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Hennessy Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hennessy Capital Inv 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 Hennessy Capital Investment. 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, Hennessy Capital's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 44.53 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.2M | 18.5M | 21.3M | 11.9M | Depreciation And Amortization | 415.6K | 2.3M | 16.3M | 17.1M |
Hennessy Capital fundamental ratios Correlations
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Hennessy Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Hennessy Stock Analysis
When running Hennessy Capital's price analysis, check to measure Hennessy Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hennessy Capital is operating at the current time. Most of Hennessy Capital's value examination focuses on studying past and present price action to predict the probability of Hennessy Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy Capital's price. Additionally, you may evaluate how the addition of Hennessy Capital to your portfolios can decrease your overall portfolio volatility.