Halfords Good Will vs Property Plant And Equipment Net 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 Good Will and its Property Plant And Equipment Net 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.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halfords Group PLC Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Halfords Group's Good Will and Property Plant And Equipment Net is 0.69. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net 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 Good Will and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Halfords Group PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Halfords Group's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expense12.1M13.1M11.8M7.3M
Depreciation And Amortization123.5M127.2M146.3M153.6M

Halfords Group fundamental ratios Correlations

0.770.680.780.86-0.930.880.080.790.810.680.390.99-0.24-0.220.440.740.890.770.790.830.670.80.980.760.97
0.770.430.550.41-0.810.78-0.520.990.350.410.720.73-0.240.140.760.690.520.340.960.420.40.440.860.590.68
0.680.430.490.71-0.640.550.270.460.730.420.160.68-0.36-0.530.180.40.590.450.450.580.270.480.620.320.62
0.780.550.490.68-0.710.890.230.60.580.970.110.770.12-0.470.180.870.790.880.570.710.950.70.760.970.77
0.860.410.710.68-0.690.60.340.480.980.68-0.110.82-0.08-0.49-0.040.450.940.80.40.940.640.790.730.610.9
-0.93-0.81-0.64-0.71-0.69-0.9-0.03-0.8-0.66-0.56-0.56-0.950.330.19-0.61-0.78-0.71-0.61-0.85-0.63-0.58-0.75-0.96-0.72-0.85
0.880.780.550.890.6-0.90.050.780.530.760.520.9-0.21-0.240.570.880.690.720.830.610.770.720.920.890.79
0.08-0.520.270.230.34-0.030.05-0.50.380.29-0.450.170.02-0.57-0.470.020.240.45-0.360.290.280.33-0.030.150.12
0.790.990.460.60.48-0.80.78-0.50.410.470.630.74-0.170.070.670.70.590.40.940.480.460.460.860.620.72
0.810.350.730.580.98-0.660.530.380.410.58-0.110.78-0.14-0.49-0.040.370.890.720.340.90.540.790.680.50.86
0.680.410.420.970.68-0.560.760.290.470.58-0.10.660.23-0.51-0.030.770.790.890.410.730.970.640.630.920.72
0.390.720.160.11-0.11-0.560.52-0.450.63-0.11-0.10.44-0.540.490.980.44-0.02-0.070.78-0.08-0.060.140.560.190.24
0.990.730.680.770.82-0.950.90.170.740.780.660.44-0.3-0.230.490.750.840.760.780.780.660.820.970.760.94
-0.24-0.24-0.360.12-0.080.33-0.210.02-0.17-0.140.23-0.54-0.3-0.24-0.510.080.050.12-0.31-0.070.26-0.16-0.290.17-0.15
-0.220.14-0.53-0.47-0.490.19-0.24-0.570.07-0.49-0.510.49-0.23-0.240.45-0.27-0.39-0.420.15-0.28-0.44-0.3-0.09-0.35-0.2
0.440.760.180.18-0.04-0.610.57-0.470.67-0.04-0.030.980.49-0.510.450.470.04-0.030.790.00.020.250.610.250.3
0.740.690.40.870.45-0.780.880.020.70.370.770.440.750.08-0.270.470.630.690.730.450.770.550.80.880.68
0.890.520.590.790.94-0.710.690.240.590.890.79-0.020.840.05-0.390.040.630.910.510.920.770.760.790.760.94
0.770.340.450.880.8-0.610.720.450.40.720.89-0.070.760.12-0.42-0.030.690.910.410.820.890.720.690.850.82
0.790.960.450.570.4-0.850.83-0.360.940.340.410.780.78-0.310.150.790.730.510.410.410.410.450.890.610.69
0.830.420.580.710.94-0.630.610.290.480.90.73-0.080.78-0.07-0.280.00.450.920.820.410.710.820.720.650.92
0.670.40.270.950.64-0.580.770.280.460.540.97-0.060.660.26-0.440.020.770.770.890.410.710.710.620.950.71
0.80.440.480.70.79-0.750.720.330.460.790.640.140.82-0.16-0.30.250.550.760.720.450.820.710.740.690.81
0.980.860.620.760.73-0.960.92-0.030.860.680.630.560.97-0.29-0.090.610.80.790.690.890.720.620.740.760.92
0.760.590.320.970.61-0.720.890.150.620.50.920.190.760.17-0.350.250.880.760.850.610.650.950.690.760.75
0.970.680.620.770.9-0.850.790.120.720.860.720.240.94-0.15-0.20.30.680.940.820.690.920.710.810.920.75
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Halfords Group Account Relationship Matchups

Halfords Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.3B1.4B1.3B1.5B847.0M
Short Long Term Debt Total344.5M391.2M390.6M328.6M377.9M235.7M
Other Current Liab122.4M139M143.1M101.5M116.7M90.8M
Total Current Liabilities352.2M399.3M462.2M463.2M532.7M559.3M
Total Stockholder Equity417.8M551M562.8M553.8M636.9M369.3M
Property Plant And Equipment Net364.1M451.9M410.4M367.8M423.0M444.1M
Current Deferred Revenue(193.7M)1.04M5M5.8M6.0M
Net Debt277.3M344.9M348.7M315.3M362.6M208.6M
Retained Earnings276.6M346M362M340.2M391.2M209.5M
Accounts Payable131.7M177.6M232.7M242.8M279.2M293.2M
Cash67.2M46.3M41.9M13.3M15.3M26.0M
Non Current Assets Total778.6M921.1M915.4M859.1M988.0M582.1M
Non Currrent Assets Other(352.7M)(894.3M)(892.4M)2.2M2.0M2.1M
Cash And Short Term Investments67.2M46.3M41.9M13.3M15.3M27.0M
Net Receivables77.2M34.6M63.6M63.7M73.3M76.9M
Good Will352.7M384.3M403M403.6M464.1M352.9M
Common Stock Shares Outstanding202M213.7M227.4M225.9M259.8M227.6M
Liabilities And Stockholders Equity1.1B1.3B1.4B1.3B1.5B857.8M
Non Current Liabilities Total303.4M339.9M334.2M262.5M301.9M208.2M
Inventory143.9M222.1M256.2M237.5M273.1M176.9M
Other Current Assets54.2M66.1M82.1M105.9M121.8M127.9M
Total Liab655.6M739.2M796.4M725.7M834.6M477.7M
Property Plant And Equipment Gross364.1M451.9M410.4M688.7M792.0M831.6M
Total Current Assets294.8M369.1M443.8M420.4M483.5M271.6M
Accumulated Other Comprehensive Income1.9M4.9M(1.8M)2M(1.1M)0.0
Short Term Debt63.6M74.7M87.3M80.9M93.0M48.9M
Intangible Assets398.3M442.4M482M80.4M92.5M87.8M
Capital Lease Obligations344.3M391M346.9M307.2M353.3M252.9M
Net Invested Capital418M551.2M606.5M575.2M661.5M585.1M
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.