Hardide Investments vs Free Cash Flow Analysis

HDD Stock

6.75 0.50 8.00%

Hardide PLC financial indicator trend analysis is much more than just examining Hardide PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hardide PLC is a good investment. Please check the relationship between Hardide PLC Investments and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hardide PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardide PLC Investments account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hardide PLC's Investments and Free Cash Flow is 0.78. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hardide PLC, assuming nothing else is changed. The correlation between historical values of Hardide PLC's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Hardide PLC are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., Hardide PLC's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Hardide PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hardide PLC 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 Hardide PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Issuance Of Capital Stock is expected to grow to about 1.2 M, whereas Selling General Administrative is forecasted to decline to about 2.4 M.

	2022	2023	2024	2025 (projected)
Interest Expense	165K	157K	180.6K	189.6K
Depreciation And Amortization	863K	823K	946.5K	993.8K

Interest Expense Depreciation And Amortization

Hardide PLC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Inventory	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Current Deferred Revenue
Total Assets		0.22	0.6	0.92	0.85	0.15	-0.72	0.74	0.29	0.85	-0.68	0.33	0.78	0.62	0.27	0.68	0.69	0.6	0.55	-0.11	0.72	0.85	0.53	0.66	0.18	0.5
Other Current Liab	0.22		0.72	0.1	0.35	0.29	-0.34	0.35	-0.05	0.34	0.14	-0.1	-0.06	0.47	-0.12	0.49	0.51	0.55	0.11	0.23	-0.14	0.22	0.46	0.39	0.11	0.21
Total Current Liabilities	0.6	0.72		0.4	0.68	0.43	-0.77	0.69	-0.01	0.68	-0.13	-0.03	0.46	0.75	0.19	0.82	0.84	0.76	0.29	-0.13	0.36	0.54	0.72	0.69	0.53	0.63
Total Stockholder Equity	0.92	0.1	0.4		0.64	-0.2	-0.49	0.73	0.58	0.65	-0.65	0.62	0.7	0.42	0.15	0.49	0.41	0.33	0.76	-0.14	0.76	0.87	0.21	0.37	-0.12	0.35
Property Plant And Equipment Net	0.85	0.35	0.68	0.64		0.61	-0.85	0.5	-0.2	1.0	-0.62	-0.17	0.58	0.8	0.27	0.83	0.92	0.87	0.11	-0.09	0.48	0.64	0.84	0.93	0.46	0.49
Net Debt	0.15	0.29	0.43	-0.2	0.61		-0.62	-0.12	-0.85	0.61	-0.11	-0.85	0.09	0.61	0.24	0.58	0.75	0.78	-0.64	-0.04	-0.12	-0.1	0.86	0.81	0.72	0.28
Retained Earnings	-0.72	-0.34	-0.77	-0.49	-0.85	-0.62		-0.57	0.2	-0.85	0.27	0.2	-0.74	-0.9	-0.43	-0.94	-0.89	-0.9	-0.14	0.42	-0.55	-0.47	-0.84	-0.86	-0.55	-0.6
Accounts Payable	0.74	0.35	0.69	0.73	0.5	-0.12	-0.57		0.44	0.5	-0.25	0.46	0.64	0.36	0.15	0.52	0.45	0.36	0.67	-0.17	0.6	0.77	0.22	0.3	-0.05	0.54
Cash	0.29	-0.05	-0.01	0.58	-0.2	-0.85	0.2	0.44		-0.19	-0.07	0.99	0.28	-0.17	-0.07	-0.12	-0.32	-0.37	0.93	-0.07	0.43	0.43	-0.48	-0.42	-0.5	0.05
Non Current Assets Total	0.85	0.34	0.68	0.65	1.0	0.61	-0.85	0.5	-0.19		-0.63	-0.16	0.58	0.79	0.27	0.83	0.92	0.86	0.12	-0.08	0.48	0.64	0.84	0.93	0.46	0.49
Non Currrent Assets Other	-0.68	0.14	-0.13	-0.65	-0.62	-0.11	0.27	-0.25	-0.07	-0.63		-0.15	-0.32	-0.21	-0.18	-0.2	-0.39	-0.19	-0.21	-0.25	-0.48	-0.74	-0.25	-0.46	-0.14	-0.22
Cash And Short Term Investments	0.33	-0.1	-0.03	0.62	-0.17	-0.85	0.2	0.46	0.99	-0.16	-0.15		0.3	-0.18	-0.05	-0.12	-0.31	-0.38	0.93	-0.07	0.48	0.48	-0.48	-0.4	-0.5	0.05
Common Stock Total Equity	0.78	-0.06	0.46	0.7	0.58	0.09	-0.74	0.64	0.28	0.58	-0.32	0.3		0.6	0.52	0.68	0.5	0.47	0.51	-0.54	0.89	0.52	0.41	0.46	0.25	0.57
Common Stock Shares Outstanding	0.62	0.47	0.75	0.42	0.8	0.61	-0.9	0.36	-0.17	0.79	-0.21	-0.18	0.6		0.34	0.97	0.88	0.92	0.16	-0.42	0.46	0.35	0.88	0.85	0.58	0.47
Other Current Assets	0.27	-0.12	0.19	0.15	0.27	0.24	-0.43	0.15	-0.07	0.27	-0.18	-0.05	0.52	0.34		0.37	0.33	0.23	0.08	-0.06	0.51	0.14	0.32	0.35	0.25	0.67
Other Stockholder Equity	0.68	0.49	0.82	0.49	0.83	0.58	-0.94	0.52	-0.12	0.83	-0.2	-0.12	0.68	0.97	0.37		0.9	0.93	0.22	-0.42	0.53	0.42	0.86	0.85	0.53	0.58
Total Liab	0.69	0.51	0.84	0.41	0.92	0.75	-0.89	0.45	-0.32	0.92	-0.39	-0.31	0.5	0.88	0.33	0.9		0.94	0.01	-0.09	0.35	0.48	0.96	0.97	0.67	0.59
Property Plant And Equipment Gross	0.6	0.55	0.76	0.33	0.87	0.78	-0.9	0.36	-0.37	0.86	-0.19	-0.38	0.47	0.92	0.23	0.93	0.94		-0.06	-0.24	0.25	0.31	0.96	0.93	0.57	0.45
Total Current Assets	0.55	0.11	0.29	0.76	0.11	-0.64	-0.14	0.67	0.93	0.12	-0.21	0.93	0.51	0.16	0.08	0.22	0.01	-0.06		-0.19	0.64	0.65	-0.19	-0.12	-0.31	0.27
Intangible Assets	-0.11	0.23	-0.13	-0.14	-0.09	-0.04	0.42	-0.17	-0.07	-0.08	-0.25	-0.07	-0.54	-0.42	-0.06	-0.42	-0.09	-0.24	-0.19		-0.47	0.11	-0.12	-0.06	-0.23	0.03
Common Stock	0.72	-0.14	0.36	0.76	0.48	-0.12	-0.55	0.6	0.43	0.48	-0.48	0.48	0.89	0.46	0.51	0.53	0.35	0.25	0.64	-0.47		0.6	0.2	0.31	0.13	0.52
Inventory	0.85	0.22	0.54	0.87	0.64	-0.1	-0.47	0.77	0.43	0.64	-0.74	0.48	0.52	0.35	0.14	0.42	0.48	0.31	0.65	0.11	0.6		0.24	0.41	0.02	0.46
Short Long Term Debt Total	0.53	0.46	0.72	0.21	0.84	0.86	-0.84	0.22	-0.48	0.84	-0.25	-0.48	0.41	0.88	0.32	0.86	0.96	0.96	-0.19	-0.12	0.2	0.24		0.96	0.73	0.51
Non Current Liabilities Total	0.66	0.39	0.69	0.37	0.93	0.81	-0.86	0.3	-0.42	0.93	-0.46	-0.4	0.46	0.85	0.35	0.85	0.97	0.93	-0.12	-0.06	0.31	0.41	0.96		0.66	0.51
Short Term Debt	0.18	0.11	0.53	-0.12	0.46	0.72	-0.55	-0.05	-0.5	0.46	-0.14	-0.5	0.25	0.58	0.25	0.53	0.67	0.57	-0.31	-0.23	0.13	0.02	0.73	0.66		0.4
Current Deferred Revenue	0.5	0.21	0.63	0.35	0.49	0.28	-0.6	0.54	0.05	0.49	-0.22	0.05	0.57	0.47	0.67	0.58	0.59	0.45	0.27	0.03	0.52	0.46	0.51	0.51	0.4

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Hardide PLC Account Relationship Matchups

Hardide PLC fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.8M	9.7M	8.4M	7.8M	8.9M	5.3M
Other Current Liab	344K	230K	219K	587K	675.1K	708.8K
Total Current Liabilities	1.1M	1.5M	1.4M	1.6M	1.9M	2.0M
Total Stockholder Equity	6.9M	5.5M	4.3M	3.7M	4.2M	3.4M
Property Plant And Equipment Net	7.6M	7.1M	6.3M	5.5M	6.3M	6.6M
Net Debt	569K	1.3M	2.3M	2.1M	2.4M	2.5M
Retained Earnings	(16.0M)	(18.2M)	(19.3M)	(20.6M)	(18.6M)	(17.6M)
Accounts Payable	460K	812K	625K	537K	617.6K	407.4K
Cash	1.5M	693K	740K	700K	805K	764.8K
Non Current Assets Total	7.7M	7.2M	6.3M	5.5M	6.3M	6.7M
Non Currrent Assets Other	(8.6M)	(7.7M)	(7.2M)	(1.0)	(0.9)	(0.94)
Cash And Short Term Investments	2.0M	1.1M	740K	700K	805K	764.8K
Common Stock Shares Outstanding	53.7M	56.1M	58.9M	70.8M	81.5M	85.6M
Liabilities And Stockholders Equity	10.8M	9.7M	8.4M	7.8M	8.9M	5.3M
Other Current Assets	453K	463K	348K	346K	397.9K	307.0K
Other Stockholder Equity	17.1M	17.5M	19.2M	21.2M	24.3M	25.5M
Total Liab	3.8M	4.2M	4.1M	4.1M	4.7M	4.9M
Property Plant And Equipment Gross	7.6M	7.1M	12.1M	11.8M	13.6M	14.3M
Total Current Assets	3.1M	2.6M	2.1M	2.2M	2.6M	2.6M
Accumulated Other Comprehensive Income	15K	130K	425K	2.0M	2.3M	2.4M
Intangible Assets	50K	37K	19K	9K	8.1K	7.7K
Common Stock	3.9M	4.1M	2.4M	3.1M	3.6M	2.7M
Inventory	504K	487K	236K	167K	192.1K	187.5K
Short Long Term Debt Total	2.1M	1.9M	3.0M	2.8M	3.2M	3.4M
Non Current Liabilities Total	2.7M	2.7M	2.7M	2.5M	2.8M	3.0M
Short Term Debt	393K	439K	435K	451K	518.7K	544.6K
Long Term Debt	738K	780K	508K	479K	431.1K	354.0K
Net Receivables	572K	942K	729K	1.0M	1.2M	693.3K
Property Plant Equipment	2.7M	8.5M	7.6M	7.1M	8.1M	8.5M
Short Term Investments	277K	395K	442K	450K	517.5K	543.4K
Other Liab	136K	106K	50K	148K	133.2K	89.3K
Net Tangible Assets	7.6M	8.7M	6.8M	5.4M	6.3M	6.0M
Short Long Term Debt	208K	238K	253K	235K	270.3K	283.8K
Capital Lease Obligations	2.1M	1.9M	2.3M	2.1M	2.4M	1.3M
Net Invested Capital	6.9M	5.5M	5.1M	4.4M	3.9M	4.7M
Net Working Capital	1.9M	1.1M	682K	599K	539.1K	512.1K
Capital Stock	2.2M	4.1M	2.4M	3.1M	2.8M	2.4M

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Other Information on Investing in Hardide Stock

Balance Sheet is a snapshot of the financial position of Hardide PLC at a specified time, usually calculated after every quarter, six months, or one year. Hardide PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hardide PLC 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 Hardide currently owns. An asset can also be divided into two categories, current and non-current.

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Hardide Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

Hardide PLC fundamental ratios Correlations

Hardide PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hardide PLC fundamental ratios Accounts

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Other Information on Investing in Hardide Stock

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 0.97	Total Liab
Short Long Term Debt Total	+ 0.96	Total Liab
Short Long Term Debt Total	+ 0.96	Property Plant And Equipment Gross

Other Stockholder Equity	- 0.94	Retained Earnings
Property Plant And Equipment Gross	- 0.9	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Total Liab	- 0.89	Retained Earnings
Non Current Liabilities Total	- 0.86	Retained Earnings
Non Current Assets Total	- 0.85	Retained Earnings