Hackett Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hackett Group Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hackett's Total Assets and Net Working Capital is 0.57. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of The Hackett Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Hackett's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Hackett assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hackett Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Working Capital

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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Hackett Stock Analysis

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