Hardide Net Income vs Change To Liabilities Analysis

HDD Stock

4.85 0.10 2.11%

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 Net Income and its Change To Liabilities 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.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardide PLC Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have very week relationship.

The correlation between Hardide PLC's Net Income and Change To Liabilities is 0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities 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 Net Income and Change To Liabilities 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 Hardide PLC are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Hardide PLC's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income

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

Change To Liabilities

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.

As of November 28, 2024, Selling General Administrative is expected to decline to about 2.3 M. In addition to that, Tax Provision is expected to decline to about (90.6 K)

	2021	2022	2023	2024 (projected)
Interest Expense	129K	165K	189.8K	199.2K
Depreciation And Amortization	1.2M	863K	992.5K	1.0M

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		0.2	0.73	0.93	0.82	0.14	-0.77	0.75	0.3	0.82	-0.69	0.35	0.79	0.72	0.28	0.74	0.7	0.6	0.55	-0.1	0.67	0.88	0.52	0.65	0.17	0.5
Other Current Liab	0.2		0.45	0.22	0.06	-0.24	0.11	0.44	0.32	0.06	-0.05	0.29	-0.26	-0.15	-0.29	-0.07	0.09	0.01	0.32	0.63	-0.25	0.44	-0.07	-0.03	-0.35	0.04
Total Current Liabilities	0.73	0.45		0.58	0.56	0.14	-0.65	0.86	0.22	0.56	-0.32	0.24	0.57	0.49	0.2	0.59	0.64	0.48	0.44	0.01	0.39	0.76	0.45	0.49	0.35	0.61
Total Stockholder Equity	0.93	0.22	0.58		0.65	-0.17	-0.6	0.74	0.56	0.65	-0.64	0.61	0.75	0.58	0.16	0.61	0.46	0.4	0.75	-0.16	0.76	0.87	0.26	0.4	-0.09	0.37
Property Plant And Equipment Net	0.82	0.06	0.56	0.65		0.62	-0.87	0.5	-0.14	1.0	-0.61	-0.16	0.55	0.87	0.26	0.88	0.94	0.9	0.11	-0.09	0.39	0.65	0.86	0.94	0.46	0.48
Net Debt	0.14	-0.24	0.14	-0.17	0.62		-0.54	-0.12	-0.81	0.62	-0.18	-0.85	0.04	0.51	0.23	0.49	0.72	0.74	-0.66	0.02	-0.23	-0.05	0.84	0.8	0.7	0.25
Retained Earnings	-0.77	0.11	-0.65	-0.6	-0.87	-0.54		-0.63	0.07	-0.87	0.39	0.09	-0.76	-0.9	-0.45	-0.95	-0.88	-0.85	-0.21	0.4	-0.53	-0.6	-0.8	-0.84	-0.5	-0.61
Accounts Payable	0.75	0.44	0.86	0.74	0.5	-0.12	-0.63		0.44	0.5	-0.25	0.46	0.66	0.44	0.16	0.59	0.47	0.39	0.65	-0.17	0.56	0.78	0.24	0.31	-0.04	0.54
Cash	0.3	0.32	0.22	0.56	-0.14	-0.81	0.07	0.44		-0.13	-0.01	0.97	0.3	0.04	-0.06	0.06	-0.2	-0.24	0.95	-0.14	0.5	0.41	-0.36	-0.33	-0.43	0.11
Non Current Assets Total	0.82	0.06	0.56	0.65	1.0	0.62	-0.87	0.5	-0.13		-0.61	-0.15	0.55	0.86	0.26	0.88	0.94	0.9	0.11	-0.08	0.4	0.65	0.86	0.94	0.46	0.48
Non Currrent Assets Other	-0.69	-0.05	-0.32	-0.64	-0.61	-0.18	0.39	-0.25	-0.01	-0.61		-0.12	-0.36	-0.37	-0.19	-0.3	-0.44	-0.24	-0.2	-0.24	-0.53	-0.73	-0.27	-0.47	-0.18	-0.24
Cash And Short Term Investments	0.35	0.29	0.24	0.61	-0.16	-0.85	0.09	0.46	0.97	-0.15	-0.12		0.36	-0.04	-0.03	-0.01	-0.26	-0.33	0.95	-0.11	0.57	0.45	-0.44	-0.38	-0.47	0.09
Common Stock Total Equity	0.79	-0.26	0.57	0.75	0.55	0.04	-0.76	0.66	0.3	0.55	-0.36	0.36		0.66	0.53	0.71	0.48	0.44	0.53	-0.53	0.83	0.58	0.37	0.43	0.22	0.56
Common Stock Shares Outstanding	0.72	-0.15	0.49	0.58	0.87	0.51	-0.9	0.44	0.04	0.86	-0.37	-0.04	0.66		0.37	0.96	0.88	0.89	0.25	-0.4	0.46	0.52	0.85	0.87	0.53	0.48
Other Current Assets	0.28	-0.29	0.2	0.16	0.26	0.23	-0.45	0.16	-0.06	0.26	-0.19	-0.03	0.53	0.37		0.39	0.33	0.22	0.09	-0.06	0.48	0.16	0.31	0.34	0.24	0.67
Other Stockholder Equity	0.74	-0.07	0.59	0.61	0.88	0.49	-0.95	0.59	0.06	0.88	-0.3	-0.01	0.71	0.96	0.39		0.89	0.91	0.29	-0.4	0.49	0.55	0.84	0.85	0.48	0.59
Total Liab	0.7	0.09	0.64	0.46	0.94	0.72	-0.88	0.47	-0.2	0.94	-0.44	-0.26	0.48	0.88	0.33	0.89		0.94	0.03	-0.06	0.26	0.55	0.95	0.98	0.64	0.58
Property Plant And Equipment Gross	0.6	0.01	0.48	0.4	0.9	0.74	-0.85	0.39	-0.24	0.9	-0.24	-0.33	0.44	0.89	0.22	0.91	0.94		-0.04	-0.21	0.14	0.39	0.96	0.94	0.54	0.44
Total Current Assets	0.55	0.32	0.44	0.75	0.11	-0.66	-0.21	0.65	0.95	0.11	-0.2	0.95	0.53	0.25	0.09	0.29	0.03	-0.04		-0.21	0.67	0.63	-0.17	-0.11	-0.31	0.29
Intangible Assets	-0.1	0.63	0.01	-0.16	-0.09	0.02	0.4	-0.17	-0.14	-0.08	-0.24	-0.11	-0.53	-0.4	-0.06	-0.4	-0.06	-0.21	-0.21		-0.44	0.09	-0.1	-0.04	-0.2	0.05
Common Stock	0.67	-0.25	0.39	0.76	0.39	-0.23	-0.53	0.56	0.5	0.4	-0.53	0.57	0.83	0.46	0.48	0.49	0.26	0.14	0.67	-0.44		0.62	0.08	0.2	0.07	0.49
Inventory	0.88	0.44	0.76	0.87	0.65	-0.05	-0.6	0.78	0.41	0.65	-0.73	0.45	0.58	0.52	0.16	0.55	0.55	0.39	0.63	0.09	0.62		0.31	0.45	0.07	0.49
Short Long Term Debt Total	0.52	-0.07	0.45	0.26	0.86	0.84	-0.8	0.24	-0.36	0.86	-0.27	-0.44	0.37	0.85	0.31	0.84	0.95	0.96	-0.17	-0.1	0.08	0.31		0.97	0.71	0.49
Non Current Liabilities Total	0.65	-0.03	0.49	0.4	0.94	0.8	-0.84	0.31	-0.33	0.94	-0.47	-0.38	0.43	0.87	0.34	0.85	0.98	0.94	-0.11	-0.04	0.2	0.45	0.97		0.64	0.49
Short Term Debt	0.17	-0.35	0.35	-0.09	0.46	0.7	-0.5	-0.04	-0.43	0.46	-0.18	-0.47	0.22	0.53	0.24	0.48	0.64	0.54	-0.31	-0.2	0.07	0.07	0.71	0.64		0.39
Current Deferred Revenue	0.5	0.04	0.61	0.37	0.48	0.25	-0.61	0.54	0.11	0.48	-0.24	0.09	0.56	0.48	0.67	0.59	0.58	0.44	0.29	0.05	0.49	0.49	0.49	0.49	0.39

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Hardide PLC Account Relationship Matchups

Hardide PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.7M	10.8M	9.7M	8.4M	9.7M	5.1M
Other Current Liab	562K	344K	230K	219K	253K	243.4K
Total Current Liabilities	1.4M	1.1M	1.5M	1.4M	1.6M	858.6K
Total Stockholder Equity	8.8M	6.9M	5.5M	4.3M	4.9M	3.4M
Property Plant And Equipment Net	8.5M	7.6M	7.1M	6.3M	7.3M	7.7M
Net Debt	(476K)	569K	1.3M	2.3M	2.1M	2.2M
Retained Earnings	(13.2M)	(16.0M)	(18.2M)	(19.3M)	(17.4M)	(16.5M)
Accounts Payable	661K	460K	812K	625K	718.8K	399.1K
Cash	2.7M	1.5M	693K	740K	851K	1.7M
Non Current Assets Total	8.6M	7.7M	7.2M	6.3M	7.3M	7.7M
Non Currrent Assets Other	(8.6M)	(7.7M)	(7.2M)	(1.0)	(0.9)	(0.94)
Cash And Short Term Investments	3.1M	2.0M	1.1M	740K	851K	808.5K
Common Stock Shares Outstanding	51.9M	53.7M	56.1M	58.9M	67.7M	71.1M
Liabilities And Stockholders Equity	12.7M	10.8M	9.7M	8.4M	9.7M	5.1M
Other Current Assets	209K	453K	463K	348K	400.2K	303.7K
Other Stockholder Equity	16.5M	17.1M	17.5M	19.2M	22.1M	23.2M
Total Liab	3.9M	3.8M	4.2M	4.1M	4.7M	5.0M
Property Plant And Equipment Gross	8.5M	7.6M	7.1M	12.1M	13.9M	14.6M
Total Current Assets	4.2M	3.1M	2.6M	2.1M	2.4M	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	3.8M	3.9M	4.1M	2.4M	2.7M	2.7M
Inventory	565K	504K	487K	236K	271.4K	187.7K
Short Long Term Debt Total	2.2M	2.1M	1.9M	3.0M	3.5M	3.7M
Non Current Liabilities Total	2.6M	2.7M	2.7M	2.7M	3.1M	3.3M
Short Term Debt	284K	393K	439K	435K	500.3K	525.3K
Long Term Debt	407K	738K	780K	508K	457.2K	352.5K
Net Receivables	672K	572K	942K	729K	838.4K	670.5K
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	91K	208K	238K	253K	291.0K	305.5K
Capital Lease Obligations	2.2M	2.1M	1.9M	2.3M	2.6M	2.8M
Capital Surpluse	12.7M	16.0M	18.2M	18.9M	21.7M	16.7M
Net Invested Capital	9.3M	6.9M	5.5M	5.1M	5.8M	6.8M
Net Working Capital	2.8M	1.9M	1.1M	682K	613.8K	583.1K
Capital Stock	2.1M	2.2M	4.1M	2.4M	2.1M	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 Net Income vs Change To Liabilities Analysis

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

Correlation Coefficient

Net Income

Change To Liabilities

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
Non Current Liabilities Total	+ 0.98	Total Liab
Cash And Short Term Investments	+ 0.97	Cash
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding
Short Long Term Debt Total	+ 0.96	Property Plant And Equipment Gross

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Total Liab	- 0.88	Retained Earnings
Non Current Assets Total	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.85	Retained Earnings