| HY Stock | | | USD 50.91 0.67 1.33% |
Hyster Yale financial indicator trend analysis is much more than just examining Hyster Yale Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyster Yale Materials is a good investment. Please check the relationship between Hyster Yale Free Cash Flow and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyster Yale Materials Handling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Free Cash Flow vs Depreciation
Free Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hyster Yale Materials Free Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hyster Yale's Free Cash Flow and Depreciation is -0.16. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Hyster Yale Materials Handling, assuming nothing else is changed. The correlation between historical values of Hyster Yale's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Hyster Yale Materials Handling are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Hyster Yale's Free Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Depreciation
Depreciation indicates how much of Hyster Yale Materials value has been used up. For tax purposes Hyster Yale can deduct the cost of the tangible assets it purchases as business expenses. However, Hyster Yale Materials Handling must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Hyster Yale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyster Yale Materials 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 Hyster Yale Materials Handling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Tax Provision is likely to rise to about 50.8
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 388
M in 2025.
Hyster Yale fundamental ratios Correlations
Click cells to compare fundamentals
Hyster Yale Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hyster Yale fundamental ratios Accounts
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Additional Tools for Hyster Stock Analysis
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measure Hyster Yale'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 Hyster Yale is operating at the current time. Most of Hyster Yale's value examination focuses on studying past and present price action to
predict the probability of Hyster Yale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyster Yale's price. Additionally, you may evaluate how the addition of Hyster Yale to your portfolios can decrease your overall portfolio volatility.