Halfords Stock Based Compensation vs Change To Account Receivables Analysis

HFD Stock   146.00  0.40  0.27%   
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 Stock Based Compensation and its Change To Account Receivables 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.

Stock Based Compensation vs Change To Account Receivables

Stock Based Compensation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halfords Group PLC Stock Based Compensation account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Halfords Group's Stock Based Compensation and Change To Account Receivables is -0.29. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Account Receivables 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 Stock Based Compensation and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Halfords Group PLC are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Stock Based Compensation i.e., Halfords Group's Stock Based Compensation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Account Receivables

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 November 28, 2024, 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
 2021 2022 2023 2024 (projected)
Interest Expense11.3M12.1M13.1M7.3M
Depreciation And Amortization106M123.5M127.2M133.6M

Halfords Group fundamental ratios Correlations

0.780.820.950.8-0.950.970.030.780.740.820.550.98-0.47-0.140.590.730.910.680.810.760.430.760.980.740.97
0.780.660.650.36-0.810.83-0.560.990.280.460.790.72-0.330.20.810.710.550.270.960.360.080.40.860.60.69
0.820.660.750.66-0.80.830.020.640.660.570.570.82-0.62-0.140.610.520.670.410.70.580.130.580.810.390.75
0.950.650.750.88-0.870.890.150.680.820.940.330.92-0.31-0.340.370.720.960.720.670.790.570.710.890.730.95
0.80.360.660.88-0.670.680.350.40.980.9-0.010.77-0.35-0.470.080.350.930.660.360.90.60.760.660.510.85
-0.95-0.81-0.8-0.87-0.67-0.980.01-0.79-0.63-0.68-0.66-0.970.480.13-0.69-0.79-0.8-0.6-0.85-0.59-0.35-0.73-0.97-0.73-0.87
0.970.830.830.890.68-0.98-0.040.820.620.70.680.98-0.5-0.110.710.780.80.610.880.610.330.690.990.740.88
0.03-0.560.020.150.350.01-0.04-0.560.380.25-0.440.13-0.02-0.56-0.47-0.040.230.52-0.390.270.470.31-0.090.10.07
0.780.990.640.680.4-0.790.82-0.560.320.520.710.71-0.280.140.740.70.590.290.940.40.140.390.850.620.71
0.740.280.660.820.98-0.630.620.380.320.83-0.030.72-0.38-0.470.070.270.870.560.280.860.510.750.590.380.79
0.820.460.570.940.9-0.680.70.250.520.830.030.77-0.15-0.440.070.60.970.780.470.850.720.630.720.70.89
0.550.790.570.33-0.01-0.660.68-0.440.71-0.030.030.58-0.520.480.980.570.160.060.840.02-0.320.230.70.330.41
0.980.720.820.920.77-0.970.980.130.710.720.770.58-0.5-0.160.610.740.870.710.790.720.420.780.970.750.93
-0.47-0.33-0.62-0.31-0.350.48-0.5-0.02-0.28-0.38-0.15-0.52-0.5-0.19-0.53-0.07-0.28-0.13-0.39-0.310.24-0.31-0.47-0.01-0.41
-0.140.2-0.14-0.34-0.470.13-0.11-0.560.14-0.47-0.440.48-0.16-0.190.46-0.19-0.36-0.40.2-0.21-0.69-0.25-0.01-0.28-0.1
0.590.810.610.370.08-0.690.71-0.470.740.070.070.980.61-0.530.460.540.220.030.830.09-0.310.320.720.310.46
0.730.710.520.720.35-0.790.78-0.040.70.270.60.570.74-0.07-0.190.540.610.650.750.330.50.480.80.840.66
0.910.550.670.960.93-0.80.80.230.590.870.970.160.87-0.28-0.360.220.610.80.560.910.680.770.810.740.95
0.680.270.410.720.66-0.60.610.520.290.560.780.060.71-0.13-0.40.030.650.80.380.730.830.680.620.830.72
0.810.960.70.670.36-0.850.88-0.390.940.280.470.840.79-0.390.20.830.750.560.380.370.080.410.90.640.71
0.760.360.580.790.9-0.590.610.270.40.860.850.020.72-0.31-0.210.090.330.910.730.370.610.790.640.560.88
0.430.080.130.570.6-0.350.330.470.140.510.72-0.320.420.24-0.69-0.310.50.680.830.080.610.580.330.750.49
0.760.40.580.710.76-0.730.690.310.390.750.630.230.78-0.31-0.250.320.480.770.680.410.790.580.690.650.78
0.980.860.810.890.66-0.970.99-0.090.850.590.720.70.97-0.47-0.010.720.80.810.620.90.640.330.690.760.92
0.740.60.390.730.51-0.730.740.10.620.380.70.330.75-0.01-0.280.310.840.740.830.640.560.750.650.760.71
0.970.690.750.950.85-0.870.880.070.710.790.890.410.93-0.41-0.10.460.660.950.720.710.880.490.780.920.71
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Halfords Group Account Relationship Matchups

Halfords Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.1B1.3B1.4B1.3B847.0M
Short Long Term Debt Total595.3M344.5M391.2M390.6M328.6M235.7M
Other Current Liab121.1M122.4M139M143.1M101.5M94.7M
Total Current Liabilities311.2M352.2M399.3M462.2M463.2M262.6M
Total Stockholder Equity365.8M417.8M551M562.8M553.8M369.3M
Property Plant And Equipment Net433M364.1M451.9M410.4M367.8M190.7M
Current Deferred Revenue(193.7M)1.04M5M5.8M6.0M
Net Debt479.8M277.3M344.9M348.7M315.3M208.6M
Retained Earnings217.9M276.6M346M362M340.2M209.5M
Accounts Payable106.7M131.7M177.6M232.7M242.8M135.0M
Cash115.5M67.2M46.3M41.9M13.3M26.0M
Non Current Assets Total840.3M778.6M921.1M915.4M859.1M582.1M
Non Currrent Assets Other(828.7M)(352.7M)(894.3M)(892.4M)2.2M2.3M
Long Term Debt63.8M179.1M0.034M19.6M18.6M
Cash And Short Term Investments115.5M67.2M46.3M41.9M13.3M12.6M
Net Receivables61.7M77.2M34.6M63.6M63.7M66.9M
Good Will350.6M352.7M384.3M403M403.6M352.9M
Common Stock Shares Outstanding200.3M202M213.7M227.4M225.9M227.6M
Liabilities And Stockholders Equity1.2B1.1B1.3B1.4B1.3B857.8M
Non Current Liabilities Total522.2M303.4M339.9M334.2M262.5M208.2M
Inventory173M143.9M222.1M256.2M237.5M176.9M
Other Current Assets8.7M54.2M66.1M82.1M105.9M111.2M
Total Liab833.4M655.6M739.2M796.4M725.7M477.7M
Property Plant And Equipment Gross433M364.1M451.9M410.4M688.7M723.1M
Total Current Assets358.9M294.8M369.1M443.8M420.4M271.6M
Accumulated Other Comprehensive Income1.9M4.9M(1.8M)2M(1.1M)0.0
Short Term Debt83.4M63.6M74.7M87.3M80.9M49.2M
Intangible Assets395.7M398.3M442.4M482M80.4M76.4M
Short Long Term Debt19.5M17.2M200K9.7M1.8M1.7M
Capital Lease Obligations416M344.3M391M346.9M307.2M252.9M
Net Invested Capital545.1M418M551.2M606.5M575.2M585.1M
Net Working Capital47.7M(57.4M)(30.2M)(18.4M)(42.8M)(40.7M)

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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.