Hackett Net Income vs Other Non Cash Items Analysis

HCKT Stock  USD 30.96  0.28  0.91%   
Hackett financial indicator trend analysis is much more than just examining Hackett Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hackett Group is a good investment. Please check the relationship between Hackett Net Income and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hackett Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hackett Group Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Hackett's Net Income and Other Non Cash Items is -0.77. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of The Hackett Group, assuming nothing else is changed. The correlation between historical values of Hackett's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of The Hackett Group are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Hackett's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hackett Group financial statement analysis. It represents the amount of money remaining after all of The Hackett Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Hackett's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hackett Group 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 The Hackett Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Hackett's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 17.42 in 2024, whereas Discontinued Operations is likely to drop (6.6 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit105.7M115.6M116.4M89.8M
Total Revenue278.8M293.7M296.6M248.1M

Hackett fundamental ratios Correlations

0.20.30.760.580.87-0.020.460.630.330.93-0.150.330.660.940.390.270.0-0.120.50.550.73-0.04-0.81-0.350.89
0.2-0.120.3-0.440.20.750.320.3-0.260.280.12-0.260.30.330.10.780.11-0.450.710.210.00.06-0.34-0.180.38
0.3-0.120.59-0.010.15-0.06-0.010.510.210.24-0.610.210.220.220.310.14-0.180.010.39-0.020.33-0.35-0.27-0.280.32
0.760.30.590.080.660.230.460.760.090.72-0.560.090.760.720.180.48-0.34-0.330.790.390.54-0.06-0.66-0.530.69
0.58-0.44-0.010.080.48-0.72-0.120.120.470.490.160.470.150.490.51-0.60.270.54-0.360.070.610.05-0.330.090.42
0.870.20.150.660.480.070.470.580.160.88-0.070.160.690.860.140.27-0.25-0.170.520.570.60.0-0.64-0.370.71
-0.020.75-0.060.23-0.720.070.330.34-0.640.150.02-0.630.290.15-0.290.88-0.08-0.590.660.34-0.440.15-0.2-0.220.06
0.460.32-0.010.46-0.120.470.33-0.010.250.27-0.20.260.520.29-0.440.61-0.44-0.90.50.850.39-0.36-0.21-0.50.51
0.630.30.510.760.120.580.34-0.01-0.290.79-0.31-0.290.570.760.460.380.080.090.630.180.180.21-0.8-0.360.57
0.33-0.260.210.090.470.16-0.640.25-0.290.03-0.11.0-0.220.090.19-0.23-0.01-0.01-0.120.040.73-0.6-0.070.110.32
0.930.280.240.720.490.880.150.270.790.03-0.070.030.640.990.390.310.030.010.550.460.490.18-0.86-0.30.78
-0.150.12-0.61-0.560.16-0.070.02-0.2-0.31-0.1-0.07-0.1-0.29-0.08-0.02-0.140.440.22-0.31-0.14-0.190.30.220.25-0.17
0.33-0.260.210.090.470.16-0.630.26-0.291.00.03-0.1-0.220.090.19-0.22-0.01-0.02-0.120.050.72-0.6-0.080.110.32
0.660.30.220.760.150.690.290.520.57-0.220.64-0.29-0.220.62-0.010.36-0.34-0.360.590.520.440.22-0.4-0.60.56
0.940.330.220.720.490.860.150.290.760.090.99-0.080.090.620.410.330.08-0.020.570.450.540.16-0.88-0.280.81
0.390.10.310.180.510.14-0.29-0.440.460.190.39-0.020.19-0.010.41-0.250.620.62-0.05-0.270.320.0-0.520.160.48
0.270.780.140.48-0.60.270.880.610.38-0.230.31-0.14-0.220.360.33-0.25-0.19-0.770.840.51-0.07-0.1-0.37-0.370.35
0.00.11-0.18-0.340.27-0.25-0.08-0.440.08-0.010.030.44-0.01-0.340.080.62-0.190.49-0.31-0.27-0.070.12-0.290.380.11
-0.12-0.450.01-0.330.54-0.17-0.59-0.90.09-0.010.010.22-0.02-0.36-0.020.62-0.770.49-0.56-0.69-0.050.330.010.46-0.23
0.50.710.390.79-0.360.520.660.50.63-0.120.55-0.31-0.120.590.57-0.050.84-0.31-0.560.350.27-0.04-0.52-0.430.5
0.550.21-0.020.390.070.570.340.850.180.040.46-0.140.050.520.45-0.270.51-0.27-0.690.350.2-0.26-0.42-0.470.61
0.730.00.330.540.610.6-0.440.390.180.730.49-0.190.720.440.540.32-0.07-0.07-0.050.270.2-0.3-0.37-0.20.65
-0.040.06-0.35-0.060.050.00.15-0.360.21-0.60.180.3-0.60.220.160.0-0.10.120.33-0.04-0.26-0.30.02-0.18-0.21
-0.81-0.34-0.27-0.66-0.33-0.64-0.2-0.21-0.8-0.07-0.860.22-0.08-0.4-0.88-0.52-0.37-0.290.01-0.52-0.42-0.370.020.17-0.79
-0.35-0.18-0.28-0.530.09-0.37-0.22-0.5-0.360.11-0.30.250.11-0.6-0.280.16-0.370.380.46-0.43-0.47-0.2-0.180.17-0.44
0.890.380.320.690.420.710.060.510.570.320.78-0.170.320.560.810.480.350.11-0.230.50.610.65-0.21-0.79-0.44
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Hackett Account Relationship Matchups

Hackett fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets193.7M192.5M207.5M185.0M181.4M179.9M
Short Long Term Debt Total8.0M6.1M3.8M61.1M34.4M19.8M
Other Current Liab22.9M20.2M30.3M28.4M22.9M21.0M
Total Current Liabilities43.7M42.6M54.9M59.6M49.9M45.2M
Total Stockholder Equity137.6M140.9M143.9M58.3M90.1M88.6M
Property Plant And Equipment Net27.9M20.7M19.7M20.1M21.5M14.5M
Net Debt(18.0M)(43.3M)(42.0M)30.9M13.5M14.1M
Retained Earnings(13.7M)(17.4M)11.3M38.6M60.8M63.9M
Accounts Payable8.5M6.1M7.7M8.7M7.6M7.2M
Cash26.0M49.5M45.8M30.3M21.0M24.1M
Non Current Assets Total115.1M107.7M105.4M103.8M106.0M94.9M
Non Currrent Assets Other2.7M1.7M620K268K285K270.8K
Cash And Short Term Investments26.0M49.5M45.8M30.3M21.0M24.8M
Net Receivables49.8M32.8M50.6M48.4M52.1M44.5M
Good Will84.6M85.3M85.1M83.5M84.2M76.7M
Common Stock Shares Outstanding32.5M32.4M32.9M32.0M27.6M30.0M
Liabilities And Stockholders Equity193.7M192.5M207.5M185.0M181.4M179.9M
Non Current Liabilities Total12.4M9.1M8.8M67.1M41.5M43.5M
Other Current Assets2.9M2.6M5.8M2.5M2.4M4.6M
Other Stockholder Equity161.8M167.8M143.0M34.5M42.4M40.3M
Total Liab56.1M51.7M63.7M126.7M91.3M58.0M
Property Plant And Equipment Gross27.9M20.7M19.7M20.1M37.2M39.1M
Total Current Assets78.6M84.8M102.2M81.2M75.4M61.8M
Accumulated Other Comprehensive Income(10.6M)(9.6M)(10.5M)(14.9M)(13.2M)(12.6M)
Short Term Debt2.7M2.6M2.3M870K2.2M2.1M
Intangible Assets3.1M2.1M1.2M159K143.1K135.9K
Other Assets536K1.7M620K268K241.2K229.1K
Property Plant Equipment19.9M18.2M19.7M19.4M22.3M14.2M
Treasury Stock(141.9M)(144.3M)(157.3M)(273.9M)(246.5M)(234.2M)
Current Deferred Revenue9.6M8.8M14.6M13.3M12.1M10.6M
Other Liab7.2M5.6M7.3M6.9M7.9M5.8M
Net Tangible Assets53.0M55.6M58.8M(25.2M)(22.7M)(21.6M)
Retained Earnings Total Equity(13.7M)(17.4M)11.3M38.6M44.4M46.7M
Capital Surpluse303.7M312.0M300.3M308.3M354.6M317.4M
Deferred Long Term Liab7.2M5.6M7.3M6.9M7.9M8.3M

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