Hennessy Short Long Term Debt vs Total Current Liabilities Analysis

HCVIW Stock  USD 0.11  0.02  15.38%   
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 Short Long Term Debt and its Total Current Liabilities 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.

Short Long Term Debt vs Total Current Liabilities

Short Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Capital Inv Short Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Hennessy Capital's Short Long Term Debt and Total Current Liabilities is -0.95. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Hennessy Capital Investment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt i.e., Hennessy Capital's Short Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Current Liabilities

Total Current Liabilities is an item on Hennessy Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hennessy Capital Investment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 fairly stable compared to the past year. Enterprise Value Multiple is likely to climb 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 Expense3.2M18.5M21.3M11.9M
Depreciation And Amortization415.6K2.3M16.3M17.1M

Hennessy Capital fundamental ratios Correlations

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Hennessy Capital Account Relationship Matchups

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