Hingham Earning Assets vs Current Deferred Revenue Analysis

HIFS Stock  USD 285.00  4.00  1.42%   
Hingham Institution financial indicator trend analysis is much more than just examining Hingham Institution for latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hingham Institution for is a good investment. Please check the relationship between Hingham Institution Earning Assets and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hingham Institution for. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Earning Assets vs Current Deferred Revenue

Earning Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hingham Institution for Earning Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hingham Institution's Earning Assets and Current Deferred Revenue is -0.21. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Hingham Institution for, assuming nothing else is changed. The correlation between historical values of Hingham Institution's Earning Assets and Current Deferred 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 Earning Assets of Hingham Institution for are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Earning Assets i.e., Hingham Institution's Earning Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Earning Assets

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Hingham Institution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hingham Institution for 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 Hingham Institution for. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Hingham Institution's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 61.78 in 2024, whereas Tax Provision is likely to drop slightly above 8.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense8.0M32.9M126.0M132.3M
Depreciation And Amortization543K494K685K739.4K

Hingham Institution fundamental ratios Correlations

0.790.370.40.750.930.740.430.390.50.890.660.760.790.760.930.570.320.40.280.740.280.650.660.720.61
0.790.660.670.990.750.990.750.670.480.640.640.851.00.930.560.880.080.67-0.070.98-0.070.930.910.990.93
0.370.660.990.620.360.620.960.99-0.330.390.680.360.660.620.210.88-0.650.99-0.720.75-0.720.830.520.750.79
0.40.670.990.630.370.630.971.0-0.330.410.720.370.670.620.230.89-0.61.0-0.670.77-0.680.850.530.760.82
0.750.990.620.630.71.00.710.620.530.580.620.840.990.910.50.840.080.63-0.080.97-0.080.880.890.970.9
0.930.750.360.370.70.690.410.360.470.90.540.770.750.80.910.560.290.370.310.680.310.630.640.680.56
0.740.990.620.631.00.690.710.620.520.580.610.840.990.910.50.840.070.63-0.090.97-0.090.880.890.970.9
0.430.750.960.970.710.410.710.96-0.180.410.620.440.760.70.230.96-0.50.96-0.590.84-0.60.930.70.830.91
0.390.670.991.00.620.360.620.96-0.330.40.720.370.670.610.220.88-0.591.0-0.670.77-0.670.850.530.760.82
0.50.48-0.33-0.330.530.470.52-0.18-0.330.28-0.050.610.470.440.390.080.79-0.330.670.350.680.170.540.360.21
0.890.640.390.410.580.90.580.410.40.280.620.770.650.670.950.510.190.420.20.610.20.560.50.60.5
0.660.640.680.720.620.540.610.620.72-0.050.620.550.650.540.520.59-0.140.72-0.230.67-0.230.640.380.640.63
0.760.850.360.370.840.770.840.440.370.610.770.550.850.770.650.610.340.370.220.790.220.680.740.790.68
0.791.00.660.670.990.750.990.760.670.470.650.650.850.930.570.890.080.67-0.070.98-0.060.930.910.990.93
0.760.930.620.620.910.80.910.70.610.440.670.540.770.930.60.860.020.63-0.050.89-0.050.880.880.920.85
0.930.560.210.230.50.910.50.230.220.390.950.520.650.570.60.360.340.230.380.50.380.430.440.490.37
0.570.880.880.890.840.560.840.960.880.080.510.590.610.890.860.36-0.310.89-0.420.93-0.420.990.850.940.97
0.320.08-0.65-0.60.080.290.07-0.5-0.590.790.19-0.140.340.080.020.34-0.31-0.610.96-0.060.96-0.170.13-0.06-0.15
0.40.670.991.00.630.370.630.961.0-0.330.420.720.370.670.630.230.89-0.61-0.680.77-0.680.850.530.760.82
0.28-0.07-0.72-0.67-0.080.31-0.09-0.59-0.670.670.2-0.230.22-0.07-0.050.38-0.420.96-0.68-0.211.0-0.29-0.01-0.22-0.3
0.740.980.750.770.970.680.970.840.770.350.610.670.790.980.890.50.93-0.060.77-0.21-0.210.960.90.990.96
0.28-0.07-0.72-0.68-0.080.31-0.09-0.6-0.670.680.2-0.230.22-0.06-0.050.38-0.420.96-0.681.0-0.21-0.290.0-0.21-0.3
0.650.930.830.850.880.630.880.930.850.170.560.640.680.930.880.430.99-0.170.85-0.290.96-0.290.880.960.98
0.660.910.520.530.890.640.890.70.530.540.50.380.740.910.880.440.850.130.53-0.010.90.00.880.90.87
0.720.990.750.760.970.680.970.830.760.360.60.640.790.990.920.490.94-0.060.76-0.220.99-0.210.960.90.96
0.610.930.790.820.90.560.90.910.820.210.50.630.680.930.850.370.97-0.150.82-0.30.96-0.30.980.870.96
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Hingham Institution Account Relationship Matchups

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Additional Tools for Hingham Stock Analysis

When running Hingham Institution's price analysis, check to measure Hingham Institution'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 Hingham Institution is operating at the current time. Most of Hingham Institution's value examination focuses on studying past and present price action to predict the probability of Hingham Institution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hingham Institution's price. Additionally, you may evaluate how the addition of Hingham Institution to your portfolios can decrease your overall portfolio volatility.