Hardide Non Current Assets Total vs Property Plant Equipment Analysis

HDD Stock   5.10  0.25  5.15%   
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 Non Current Assets Total and its Property Plant Equipment 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardide PLC Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Hardide PLC's Non Current Assets Total and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment 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 Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hardide PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Hardide PLC's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

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 30, 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 Expense129K165K189.8K199.2K
Depreciation And Amortization1.2M863K992.5K1.0M

Hardide PLC fundamental ratios Correlations

0.20.730.930.820.14-0.770.750.30.82-0.690.350.790.720.280.740.70.60.55-0.10.670.880.520.650.170.5
0.20.450.220.06-0.240.110.440.320.06-0.050.29-0.26-0.15-0.29-0.070.090.010.320.63-0.250.44-0.07-0.03-0.350.04
0.730.450.580.560.14-0.650.860.220.56-0.320.240.570.490.20.590.640.480.440.010.390.760.450.490.350.61
0.930.220.580.65-0.17-0.60.740.560.65-0.640.610.750.580.160.610.460.40.75-0.160.760.870.260.4-0.090.37
0.820.060.560.650.62-0.870.5-0.141.0-0.61-0.160.550.870.260.880.940.90.11-0.090.390.650.860.940.460.48
0.14-0.240.14-0.170.62-0.54-0.12-0.810.62-0.18-0.850.040.510.230.490.720.74-0.660.02-0.23-0.050.840.80.70.25
-0.770.11-0.65-0.6-0.87-0.54-0.630.07-0.870.390.09-0.76-0.9-0.45-0.95-0.88-0.85-0.210.4-0.53-0.6-0.8-0.84-0.5-0.61
0.750.440.860.740.5-0.12-0.630.440.5-0.250.460.660.440.160.590.470.390.65-0.170.560.780.240.31-0.040.54
0.30.320.220.56-0.14-0.810.070.44-0.13-0.010.970.30.04-0.060.06-0.2-0.240.95-0.140.50.41-0.36-0.33-0.430.11
0.820.060.560.651.00.62-0.870.5-0.13-0.61-0.150.550.860.260.880.940.90.11-0.080.40.650.860.940.460.48
-0.69-0.05-0.32-0.64-0.61-0.180.39-0.25-0.01-0.61-0.12-0.36-0.37-0.19-0.3-0.44-0.24-0.2-0.24-0.53-0.73-0.27-0.47-0.18-0.24
0.350.290.240.61-0.16-0.850.090.460.97-0.15-0.120.36-0.04-0.03-0.01-0.26-0.330.95-0.110.570.45-0.44-0.38-0.470.09
0.79-0.260.570.750.550.04-0.760.660.30.55-0.360.360.660.530.710.480.440.53-0.530.830.580.370.430.220.56
0.72-0.150.490.580.870.51-0.90.440.040.86-0.37-0.040.660.370.960.880.890.25-0.40.460.520.850.870.530.48
0.28-0.290.20.160.260.23-0.450.16-0.060.26-0.19-0.030.530.370.390.330.220.09-0.060.480.160.310.340.240.67
0.74-0.070.590.610.880.49-0.950.590.060.88-0.3-0.010.710.960.390.890.910.29-0.40.490.550.840.850.480.59
0.70.090.640.460.940.72-0.880.47-0.20.94-0.44-0.260.480.880.330.890.940.03-0.060.260.550.950.980.640.58
0.60.010.480.40.90.74-0.850.39-0.240.9-0.24-0.330.440.890.220.910.94-0.04-0.210.140.390.960.940.540.44
0.550.320.440.750.11-0.66-0.210.650.950.11-0.20.950.530.250.090.290.03-0.04-0.210.670.63-0.17-0.11-0.310.29
-0.10.630.01-0.16-0.090.020.4-0.17-0.14-0.08-0.24-0.11-0.53-0.4-0.06-0.4-0.06-0.21-0.21-0.440.09-0.1-0.04-0.20.05
0.67-0.250.390.760.39-0.23-0.530.560.50.4-0.530.570.830.460.480.490.260.140.67-0.440.620.080.20.070.49
0.880.440.760.870.65-0.05-0.60.780.410.65-0.730.450.580.520.160.550.550.390.630.090.620.310.450.070.49
0.52-0.070.450.260.860.84-0.80.24-0.360.86-0.27-0.440.370.850.310.840.950.96-0.17-0.10.080.310.970.710.49
0.65-0.030.490.40.940.8-0.840.31-0.330.94-0.47-0.380.430.870.340.850.980.94-0.11-0.040.20.450.970.640.49
0.17-0.350.35-0.090.460.7-0.5-0.04-0.430.46-0.18-0.470.220.530.240.480.640.54-0.31-0.20.070.070.710.640.39
0.50.040.610.370.480.25-0.610.540.110.48-0.240.090.560.480.670.590.580.440.290.050.490.490.490.490.39
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Hardide PLC Account Relationship Matchups

Hardide PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7M10.8M9.7M8.4M9.7M5.1M
Other Current Liab562K344K230K219K253K243.4K
Total Current Liabilities1.4M1.1M1.5M1.4M1.6M858.6K
Total Stockholder Equity8.8M6.9M5.5M4.3M4.9M3.4M
Property Plant And Equipment Net8.5M7.6M7.1M6.3M7.3M7.7M
Net Debt(476K)569K1.3M2.3M2.1M2.2M
Retained Earnings(13.2M)(16.0M)(18.2M)(19.3M)(17.4M)(16.5M)
Accounts Payable661K460K812K625K718.8K399.1K
Cash2.7M1.5M693K740K851K1.7M
Non Current Assets Total8.6M7.7M7.2M6.3M7.3M7.7M
Non Currrent Assets Other(8.6M)(7.7M)(7.2M)(1.0)(0.9)(0.94)
Cash And Short Term Investments3.1M2.0M1.1M740K851K808.5K
Common Stock Shares Outstanding51.9M53.7M56.1M58.9M67.7M71.1M
Liabilities And Stockholders Equity12.7M10.8M9.7M8.4M9.7M5.1M
Other Current Assets209K453K463K348K400.2K303.7K
Other Stockholder Equity16.5M17.1M17.5M19.2M22.1M23.2M
Total Liab3.9M3.8M4.2M4.1M4.7M5.0M
Property Plant And Equipment Gross8.5M7.6M7.1M12.1M13.9M14.6M
Total Current Assets4.2M3.1M2.6M2.1M2.4M2.6M
Accumulated Other Comprehensive Income15K130K425K2.0M2.3M2.4M
Intangible Assets50K37K19K9K8.1K7.7K
Common Stock3.8M3.9M4.1M2.4M2.7M2.7M
Inventory565K504K487K236K271.4K187.7K
Short Long Term Debt Total2.2M2.1M1.9M3.0M3.5M3.7M
Non Current Liabilities Total2.6M2.7M2.7M2.7M3.1M3.3M
Short Term Debt284K393K439K435K500.3K525.3K
Long Term Debt407K738K780K508K457.2K352.5K
Net Receivables672K572K942K729K838.4K670.5K
Property Plant Equipment2.7M8.5M7.6M7.1M8.1M8.5M
Short Term Investments277K395K442K450K517.5K543.4K
Other Liab136K106K50K148K133.2K89.3K
Net Tangible Assets7.6M8.7M6.8M5.4M6.3M6.0M
Short Long Term Debt91K208K238K253K291.0K305.5K
Capital Lease Obligations2.2M2.1M1.9M2.3M2.6M2.8M
Capital Surpluse12.7M16.0M18.2M18.9M21.7M16.7M
Net Invested Capital9.3M6.9M5.5M5.1M5.8M6.8M
Net Working Capital2.8M1.9M1.1M682K613.8K583.1K
Capital Stock2.1M2.2M4.1M2.4M2.1M2.4M

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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.