Halfords Change To Liabilities vs Change To Netincome Analysis

HFD Stock

131.00 7.60 5.48%

Halfords Group financial indicator trend analysis is much more than just examining Halfords Group PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halfords Group PLC is a good investment. Please check the relationship between Halfords Group Change To Liabilities and its Change To Netincome accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halfords Group 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.

Change To Liabilities vs Change To Netincome

Change To Liabilities vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halfords Group PLC Change To Liabilities account and Change To Netincome. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Halfords Group's Change To Liabilities and Change To Netincome is 0.9. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Halfords Group PLC, assuming nothing else is changed. The correlation between historical values of Halfords Group's Change To Liabilities and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Halfords Group PLC are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Liabilities i.e., Halfords Group's Change To Liabilities and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Change To Liabilities

Change To Netincome

Most indicators from Halfords Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halfords Group 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 Halfords Group 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 February 26, 2025, Selling General Administrative is expected to decline to about 114.4 M. In addition to that, Tax Provision is expected to decline to about 8.8 M

	2022	2023	2024	2025 (projected)
Interest Expense	12.1M	13.1M	11.8M	7.3M
Depreciation And Amortization	123.5M	127.2M	146.3M	153.6M

Interest Expense Depreciation And Amortization

Halfords Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.77	0.68	0.78	0.86	-0.93	0.88	0.08	0.79	0.81	0.68	0.39	0.99	-0.24	-0.22	0.44	0.74	0.89	0.77	0.79	0.83	0.67	0.8	0.98	0.76	0.97
Short Long Term Debt Total	0.77		0.43	0.55	0.41	-0.81	0.78	-0.52	0.99	0.35	0.41	0.72	0.73	-0.24	0.14	0.76	0.69	0.52	0.34	0.96	0.42	0.4	0.44	0.86	0.59	0.68
Other Current Liab	0.68	0.43		0.49	0.71	-0.64	0.55	0.27	0.46	0.73	0.42	0.16	0.68	-0.36	-0.53	0.18	0.4	0.59	0.45	0.45	0.58	0.27	0.48	0.62	0.32	0.62
Total Current Liabilities	0.78	0.55	0.49		0.68	-0.71	0.89	0.23	0.6	0.58	0.97	0.11	0.77	0.12	-0.47	0.18	0.87	0.79	0.88	0.57	0.71	0.95	0.7	0.76	0.97	0.77
Total Stockholder Equity	0.86	0.41	0.71	0.68		-0.69	0.6	0.34	0.48	0.98	0.68	-0.11	0.82	-0.08	-0.49	-0.04	0.45	0.94	0.8	0.4	0.94	0.64	0.79	0.73	0.61	0.9
Other Liab	-0.93	-0.81	-0.64	-0.71	-0.69		-0.9	-0.03	-0.8	-0.66	-0.56	-0.56	-0.95	0.33	0.19	-0.61	-0.78	-0.71	-0.61	-0.85	-0.63	-0.58	-0.75	-0.96	-0.72	-0.85
Property Plant And Equipment Net	0.88	0.78	0.55	0.89	0.6	-0.9		0.05	0.78	0.53	0.76	0.52	0.9	-0.21	-0.24	0.57	0.88	0.69	0.72	0.83	0.61	0.77	0.72	0.92	0.89	0.79
Current Deferred Revenue	0.08	-0.52	0.27	0.23	0.34	-0.03	0.05		-0.5	0.38	0.29	-0.45	0.17	0.02	-0.57	-0.47	0.02	0.24	0.45	-0.36	0.29	0.28	0.33	-0.03	0.15	0.12
Net Debt	0.79	0.99	0.46	0.6	0.48	-0.8	0.78	-0.5		0.41	0.47	0.63	0.74	-0.17	0.07	0.67	0.7	0.59	0.4	0.94	0.48	0.46	0.46	0.86	0.62	0.72
Retained Earnings	0.81	0.35	0.73	0.58	0.98	-0.66	0.53	0.38	0.41		0.58	-0.11	0.78	-0.14	-0.49	-0.04	0.37	0.89	0.72	0.34	0.9	0.54	0.79	0.68	0.5	0.86
Accounts Payable	0.68	0.41	0.42	0.97	0.68	-0.56	0.76	0.29	0.47	0.58		-0.1	0.66	0.23	-0.51	-0.03	0.77	0.79	0.89	0.41	0.73	0.97	0.64	0.63	0.92	0.72
Cash	0.39	0.72	0.16	0.11	-0.11	-0.56	0.52	-0.45	0.63	-0.11	-0.1		0.44	-0.54	0.49	0.98	0.44	-0.02	-0.07	0.78	-0.08	-0.06	0.14	0.56	0.19	0.24
Non Current Assets Total	0.99	0.73	0.68	0.77	0.82	-0.95	0.9	0.17	0.74	0.78	0.66	0.44		-0.3	-0.23	0.49	0.75	0.84	0.76	0.78	0.78	0.66	0.82	0.97	0.76	0.94
Non Currrent Assets Other	-0.24	-0.24	-0.36	0.12	-0.08	0.33	-0.21	0.02	-0.17	-0.14	0.23	-0.54	-0.3		-0.24	-0.51	0.08	0.05	0.12	-0.31	-0.07	0.26	-0.16	-0.29	0.17	-0.15
Long Term Debt	-0.22	0.14	-0.53	-0.47	-0.49	0.19	-0.24	-0.57	0.07	-0.49	-0.51	0.49	-0.23	-0.24		0.45	-0.27	-0.39	-0.42	0.15	-0.28	-0.44	-0.3	-0.09	-0.35	-0.2
Cash And Short Term Investments	0.44	0.76	0.18	0.18	-0.04	-0.61	0.57	-0.47	0.67	-0.04	-0.03	0.98	0.49	-0.51	0.45		0.47	0.04	-0.03	0.79	0.0	0.02	0.25	0.61	0.25	0.3
Net Receivables	0.74	0.69	0.4	0.87	0.45	-0.78	0.88	0.02	0.7	0.37	0.77	0.44	0.75	0.08	-0.27	0.47		0.63	0.69	0.73	0.45	0.77	0.55	0.8	0.88	0.68
Good Will	0.89	0.52	0.59	0.79	0.94	-0.71	0.69	0.24	0.59	0.89	0.79	-0.02	0.84	0.05	-0.39	0.04	0.63		0.91	0.51	0.92	0.77	0.76	0.79	0.76	0.94
Common Stock Shares Outstanding	0.77	0.34	0.45	0.88	0.8	-0.61	0.72	0.45	0.4	0.72	0.89	-0.07	0.76	0.12	-0.42	-0.03	0.69	0.91		0.41	0.82	0.89	0.72	0.69	0.85	0.82
Non Current Liabilities Total	0.79	0.96	0.45	0.57	0.4	-0.85	0.83	-0.36	0.94	0.34	0.41	0.78	0.78	-0.31	0.15	0.79	0.73	0.51	0.41		0.41	0.41	0.45	0.89	0.61	0.69
Inventory	0.83	0.42	0.58	0.71	0.94	-0.63	0.61	0.29	0.48	0.9	0.73	-0.08	0.78	-0.07	-0.28	0.0	0.45	0.92	0.82	0.41		0.71	0.82	0.72	0.65	0.92
Other Current Assets	0.67	0.4	0.27	0.95	0.64	-0.58	0.77	0.28	0.46	0.54	0.97	-0.06	0.66	0.26	-0.44	0.02	0.77	0.77	0.89	0.41	0.71		0.71	0.62	0.95	0.71
Other Stockholder Equity	0.8	0.44	0.48	0.7	0.79	-0.75	0.72	0.33	0.46	0.79	0.64	0.14	0.82	-0.16	-0.3	0.25	0.55	0.76	0.72	0.45	0.82	0.71		0.74	0.69	0.81
Total Liab	0.98	0.86	0.62	0.76	0.73	-0.96	0.92	-0.03	0.86	0.68	0.63	0.56	0.97	-0.29	-0.09	0.61	0.8	0.79	0.69	0.89	0.72	0.62	0.74		0.76	0.92
Property Plant And Equipment Gross	0.76	0.59	0.32	0.97	0.61	-0.72	0.89	0.15	0.62	0.5	0.92	0.19	0.76	0.17	-0.35	0.25	0.88	0.76	0.85	0.61	0.65	0.95	0.69	0.76		0.75
Total Current Assets	0.97	0.68	0.62	0.77	0.9	-0.85	0.79	0.12	0.72	0.86	0.72	0.24	0.94	-0.15	-0.2	0.3	0.68	0.94	0.82	0.69	0.92	0.71	0.81	0.92	0.75

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Halfords Group Account Relationship Matchups

Halfords Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.3B	1.4B	1.3B	1.5B	847.0M
Short Long Term Debt Total	344.5M	391.2M	390.6M	328.6M	377.9M	235.7M
Other Current Liab	122.4M	139M	143.1M	101.5M	116.7M	90.8M
Total Current Liabilities	352.2M	399.3M	462.2M	463.2M	532.7M	559.3M
Total Stockholder Equity	417.8M	551M	562.8M	553.8M	636.9M	369.3M
Property Plant And Equipment Net	364.1M	451.9M	410.4M	367.8M	423.0M	444.1M
Current Deferred Revenue	(193.7M)	1.0	4M	5M	5.8M	6.0M
Net Debt	277.3M	344.9M	348.7M	315.3M	362.6M	208.6M
Retained Earnings	276.6M	346M	362M	340.2M	391.2M	209.5M
Accounts Payable	131.7M	177.6M	232.7M	242.8M	279.2M	293.2M
Cash	67.2M	46.3M	41.9M	13.3M	15.3M	26.0M
Non Current Assets Total	778.6M	921.1M	915.4M	859.1M	988.0M	582.1M
Non Currrent Assets Other	(352.7M)	(894.3M)	(892.4M)	2.2M	2.0M	2.1M
Cash And Short Term Investments	67.2M	46.3M	41.9M	13.3M	15.3M	27.0M
Net Receivables	77.2M	34.6M	63.6M	63.7M	73.3M	76.9M
Good Will	352.7M	384.3M	403M	403.6M	464.1M	352.9M
Common Stock Shares Outstanding	202M	213.7M	227.4M	225.9M	259.8M	227.6M
Liabilities And Stockholders Equity	1.1B	1.3B	1.4B	1.3B	1.5B	857.8M
Non Current Liabilities Total	303.4M	339.9M	334.2M	262.5M	301.9M	208.2M
Inventory	143.9M	222.1M	256.2M	237.5M	273.1M	176.9M
Other Current Assets	54.2M	66.1M	82.1M	105.9M	121.8M	127.9M
Total Liab	655.6M	739.2M	796.4M	725.7M	834.6M	477.7M
Property Plant And Equipment Gross	364.1M	451.9M	410.4M	688.7M	792.0M	831.6M
Total Current Assets	294.8M	369.1M	443.8M	420.4M	483.5M	271.6M
Accumulated Other Comprehensive Income	1.9M	4.9M	(1.8M)	2M	(1.1M)	0.0
Short Term Debt	63.6M	74.7M	87.3M	80.9M	93.0M	48.9M
Intangible Assets	398.3M	442.4M	482M	80.4M	92.5M	87.8M
Capital Lease Obligations	344.3M	391M	346.9M	307.2M	353.3M	252.9M
Net Invested Capital	418M	551.2M	606.5M	575.2M	661.5M	585.1M
Net Working Capital	(57.4M)	(30.2M)	(18.4M)	(42.8M)	(38.5M)	(36.6M)

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Other Information on Investing in Halfords Stock

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

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Halfords Change To Liabilities vs Change To Netincome Analysis

Change To Liabilities vs Change To Netincome

Change To Liabilities vs Change To Netincome Correlation Analysis

Correlation Coefficient

Change To Liabilities

Change To Netincome

Halfords Group fundamental ratios Correlations

Halfords Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Halfords Group fundamental ratios Accounts

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Other Information on Investing in Halfords Stock

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COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.97	Total Assets

Total Liab	- 0.96	Other Liab
Non Current Assets Total	- 0.95	Other Liab
Other Liab	- 0.93	Total Assets
Property Plant And Equipment Net	- 0.9	Other Liab
Total Current Assets	- 0.85	Other Liab
Non Current Liabilities Total	- 0.85	Other Liab