Hemisphere Research Development vs Income Tax Expense Analysis

HEMIPROP   172.49  5.01  2.99%   
Hemisphere Properties financial indicator trend analysis is much more than just examining Hemisphere Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemisphere Properties is a good investment. Please check the relationship between Hemisphere Properties Research Development and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemisphere Properties India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Research Development vs Income Tax Expense

Research Development vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemisphere Properties Research Development account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hemisphere Properties' Research Development and Income Tax Expense is -0.39. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hemisphere Properties India, assuming nothing else is changed. The correlation between historical values of Hemisphere Properties' Research Development and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Hemisphere Properties India are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Research Development i.e., Hemisphere Properties' Research Development and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Income Tax Expense

Most indicators from Hemisphere Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemisphere Properties 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 Hemisphere Properties India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of the 29th of November 2024, Selling General Administrative is likely to grow to about 9.7 M, while Tax Provision is likely to drop (25.7 M).
 2021 2022 2023 2024 (projected)
Interest Expense58.4M66.9M64.0M32.3M
Depreciation And Amortization133.8M98.5M173K164.4K

Hemisphere Properties fundamental ratios Correlations

0.970.990.990.960.96-0.940.51-0.840.41.00.490.760.660.940.690.970.550.88-0.810.990.780.960.93-0.940.41
0.970.980.980.90.94-0.940.66-0.880.220.970.520.730.720.880.751.00.440.95-0.810.980.750.960.86-0.940.22
0.990.981.00.910.96-0.970.5-0.840.420.980.490.770.670.880.690.980.420.88-0.811.00.790.930.86-0.970.42
0.990.981.00.910.96-0.970.5-0.840.410.980.490.770.670.880.690.980.420.88-0.811.00.790.940.86-0.970.42
0.960.90.910.910.89-0.840.47-0.780.380.960.460.70.611.00.630.890.750.8-0.750.910.720.960.99-0.840.39
0.960.940.960.960.89-0.980.56-0.920.350.960.620.630.540.870.560.940.410.85-0.920.960.650.920.85-0.980.36
-0.94-0.94-0.97-0.97-0.84-0.98-0.530.88-0.38-0.94-0.57-0.69-0.59-0.81-0.61-0.95-0.28-0.850.88-0.97-0.71-0.88-0.781.0-0.38
0.510.660.50.50.470.56-0.53-0.81-0.570.530.590.150.460.480.480.660.250.79-0.620.510.170.650.48-0.53-0.56
-0.84-0.88-0.84-0.84-0.78-0.920.88-0.810.02-0.86-0.79-0.36-0.45-0.77-0.44-0.88-0.35-0.90.95-0.84-0.39-0.89-0.770.880.02
0.40.220.420.410.380.35-0.38-0.570.020.37-0.110.540.10.350.10.210.16-0.03-0.170.40.530.190.32-0.381.0
1.00.970.980.980.960.96-0.940.53-0.860.370.520.720.630.950.650.970.550.88-0.840.990.730.970.93-0.940.38
0.490.520.490.490.460.62-0.570.59-0.79-0.110.52-0.040.190.470.010.510.160.64-0.750.49-0.020.550.48-0.56-0.11
0.760.730.770.770.70.63-0.690.15-0.360.540.72-0.040.840.670.890.730.380.59-0.290.771.00.640.62-0.690.55
0.660.720.670.670.610.54-0.590.46-0.450.10.630.190.840.580.950.720.330.75-0.230.670.850.630.54-0.60.1
0.940.880.880.881.00.87-0.810.48-0.770.350.950.470.670.580.60.860.790.79-0.750.890.680.951.0-0.810.36
0.690.750.690.690.630.56-0.610.48-0.440.10.650.010.890.950.60.750.360.72-0.250.70.890.650.56-0.610.1
0.971.00.980.980.890.94-0.950.66-0.880.210.970.510.730.720.860.750.410.95-0.810.980.750.960.84-0.950.22
0.550.440.420.420.750.41-0.280.25-0.350.160.550.160.380.330.790.360.410.38-0.310.420.380.620.81-0.280.17
0.880.950.880.880.80.85-0.850.79-0.9-0.030.880.640.590.750.790.720.950.38-0.760.890.610.920.78-0.85-0.03
-0.81-0.81-0.81-0.81-0.75-0.920.88-0.620.95-0.17-0.84-0.75-0.29-0.23-0.75-0.25-0.81-0.31-0.76-0.82-0.31-0.83-0.750.87-0.17
0.990.981.01.00.910.96-0.970.51-0.840.40.990.490.770.670.890.70.980.420.89-0.820.790.940.86-0.970.4
0.780.750.790.790.720.65-0.710.17-0.390.530.73-0.021.00.850.680.890.750.380.61-0.310.790.650.63-0.710.54
0.960.960.930.940.960.92-0.880.65-0.890.190.970.550.640.630.950.650.960.620.92-0.830.940.650.95-0.880.2
0.930.860.860.860.990.85-0.780.48-0.770.320.930.480.620.541.00.560.840.810.78-0.750.860.630.95-0.780.33
-0.94-0.94-0.97-0.97-0.84-0.981.0-0.530.88-0.38-0.94-0.56-0.69-0.6-0.81-0.61-0.95-0.28-0.850.87-0.97-0.71-0.88-0.78-0.39
0.410.220.420.420.390.36-0.38-0.560.021.00.38-0.110.550.10.360.10.220.17-0.03-0.170.40.540.20.33-0.39
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Hemisphere Properties Account Relationship Matchups

Hemisphere Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B10.8B11.0B10.8B10.7B7.3B
Short Long Term Debt Total39.1M410M680.3M649.9M623.0M377.5M
Other Current Liab11.0M6.6B6.5B6.4B6.5B4.1B
Total Current Liabilities40.8M6.6B6.7B6.5B6.6B4.2B
Total Stockholder Equity2.8B3.8B3.7B3.7B3.6B2.8B
Net Tangible Assets(1.6M)21.4M946.9M903.9M1.0B1.1B
Property Plant And Equipment Net9.0M126K351K312K240K228K
Net Debt39.0M(590.0M)680.1M649.4M622.7M653.8M
Retained Earnings(9.2M)(83.7M)(232.3M)(297.1M)(395.2M)(375.5M)
Cash99K1.0B204K499K255K242.3K
Non Current Assets Total2.9B9.4B9.5B9.5B10.6B6.6B
Non Currrent Assets Other26.9M26.0M(2.8B)6.6B6.6B7.0B
Cash And Short Term Investments32.0M1.4B1.5B1.2B255K242.3K
Net Receivables931.6K5.6M14.6M21.8M300K285K
Short Term Investments31.9M390.9M1.5B1.2B2.7M2.6M
Liabilities And Stockholders Equity2.9B10.8B11.0B10.8B10.7B7.3B
Inventory33.5M2.9M6.8M3.3M(300K)(285K)
Other Current Assets1.5M8.5M31.9M45.4M36.1M19.6M
Other Stockholder Equity9.2M(2.8B)(2.6B)(2.6B)(6.4B)(6.1B)
Total Liab50.8M7.0B7.3B7.1B7.1B4.5B
Total Current Assets33.5M1.4B1.5B1.2B36.4M34.5M
Accumulated Other Comprehensive Income0.01B1.1B1.1B1.3B678.1M
Short Term Debt29.1M40M61.1M60M69M41.1M
Property Plant Equipment7.3M9.0M126K352K316.8K301.0K

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Other Information on Investing in Hemisphere Stock

Balance Sheet is a snapshot of the financial position of Hemisphere Properties at a specified time, usually calculated after every quarter, six months, or one year. Hemisphere Properties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hemisphere Properties and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hemisphere currently owns. An asset can also be divided into two categories, current and non-current.