Homeco Retained Earnings vs Long Term Debt Total Analysis
| HDN Stock | 1.24 0.02 1.64% |
Homeco Daily financial indicator trend analysis is much more than just examining Homeco Daily Needs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Homeco Daily Needs is a good investment. Please check the relationship between Homeco Daily Retained Earnings and its Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Homeco Daily Needs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Retained Earnings vs Long Term Debt Total
Retained Earnings vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Homeco Daily Needs Retained Earnings account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Homeco Daily's Retained Earnings and Long Term Debt Total is 0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Homeco Daily Needs, assuming nothing else is changed. The correlation between historical values of Homeco Daily's Retained Earnings and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Homeco Daily Needs are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Homeco Daily's Retained Earnings and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Long Term Debt Total
Most indicators from Homeco Daily's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Homeco Daily Needs 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 Homeco Daily Needs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 3.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 126.6 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 135.9M | 240.1M | 215.4M | 170.5M | Total Revenue | 198.3M | 347.8M | 329.8M | 253.3M |
Homeco Daily fundamental ratios Correlations
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Homeco Daily Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Homeco Stock Analysis
When running Homeco Daily's price analysis, check to measure Homeco Daily'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 Homeco Daily is operating at the current time. Most of Homeco Daily's value examination focuses on studying past and present price action to predict the probability of Homeco Daily's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homeco Daily's price. Additionally, you may evaluate how the addition of Homeco Daily to your portfolios can decrease your overall portfolio volatility.