Honest Common Stock vs Retained Earnings Analysis

HNST Stock

USD 8.15 0.50 6.54%

Honest financial indicator trend analysis is much more than just examining Honest Company latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honest Company is a good investment. Please check the relationship between Honest Common Stock and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honest Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honest Company Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Honest's Common Stock and Retained Earnings is -0.87. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Honest Company, assuming nothing else is changed. The correlation between historical values of Honest's Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Honest Company are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Honest's Common Stock and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Common Stock

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.

Most indicators from Honest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honest Company 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 Honest Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Honest's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 477.2 M in 2024, whereas Tax Provision is likely to drop slightly above 100.3 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.8M	494K	269K	255.6K
Depreciation And Amortization	4.1M	2.8M	2.7M	3.5M

Interest Expense Depreciation And Amortization

Honest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		0.74	-0.31	-0.28	-0.15	0.52	-0.22	0.52	-0.67	0.12	0.57	0.49	0.11	0.56	-0.16	0.58	0.48	-0.37	0.82	-0.13	-0.83	0.44	0.24	0.74	-0.09	0.11
Short Long Term Debt Total	0.74		-0.62	-0.69	-0.73	0.86	-0.77	0.91	-0.79	0.71	0.93	-0.01	-0.52	0.92	-0.45	0.45	0.66	-0.77	0.94	-0.7	-0.33	0.84	0.78	1.0	-0.51	-0.43
Other Current Liab	-0.31	-0.62		0.96	0.78	-0.92	0.78	-0.87	0.39	-0.36	-0.83	0.36	0.24	-0.81	0.68	0.17	-0.96	0.88	-0.48	0.77	0.27	-0.92	-0.81	-0.62	0.96	0.85
Total Current Liabilities	-0.28	-0.69	0.96		0.82	-0.92	0.83	-0.9	0.43	-0.58	-0.86	0.53	0.47	-0.83	0.81	0.23	-0.9	0.85	-0.54	0.8	0.14	-0.97	-0.85	-0.69	0.95	0.89
Total Stockholder Equity	-0.15	-0.73	0.78	0.82		-0.88	1.0	-0.89	0.47	-0.74	-0.89	0.35	0.65	-0.9	0.42	-0.15	-0.67	0.91	-0.57	0.96	-0.2	-0.86	-1.0	-0.73	0.81	0.84
Other Liab	0.52	0.86	-0.92	-0.92	-0.88		-0.9	0.98	-0.64	0.55	0.98	-0.18	-0.38	0.97	-0.55	0.17	0.92	-0.96	0.73	-0.86	-0.28	0.97	0.92	0.86	-0.85	-0.75
Net Tangible Assets	-0.22	-0.77	0.78	0.83	1.0	-0.9		-0.91	0.52	-0.75	-0.91	0.32	0.65	-0.92	0.42	-0.19	-0.69	0.92	-0.62	0.96	-0.15	-0.88	-1.0	-0.77	0.79	0.81
Property Plant And Equipment Net	0.52	0.91	-0.87	-0.9	-0.89	0.98	-0.91		-0.71	0.67	0.98	-0.24	-0.51	0.98	-0.57	0.2	0.87	-0.95	0.76	-0.89	-0.22	0.97	0.93	0.91	-0.79	-0.71
Current Deferred Revenue	-0.67	-0.79	0.39	0.43	0.47	-0.64	0.52	-0.71		-0.47	-0.67	-0.14	0.32	-0.74	0.19	-0.52	-0.55	0.66	-0.61	0.6	0.37	-0.59	-0.53	-0.79	0.19	0.06
Net Debt	0.12	0.71	-0.36	-0.58	-0.74	0.55	-0.75	0.67	-0.47		0.67	-0.53	-0.97	0.64	-0.52	0.08	0.27	-0.53	0.59	-0.7	0.38	0.66	0.73	0.71	-0.42	-0.54
Retained Earnings	0.57	0.93	-0.83	-0.86	-0.89	0.98	-0.91	0.98	-0.67	0.67		-0.15	-0.5	0.99	-0.52	0.28	0.82	-0.92	0.84	-0.84	-0.24	0.95	0.93	0.93	-0.76	-0.69
Accounts Payable	0.49	-0.01	0.36	0.53	0.35	-0.18	0.32	-0.24	-0.14	-0.53	-0.15		0.64	-0.09	0.76	0.79	-0.21	0.17	0.15	0.36	-0.51	-0.4	-0.31	-0.01	0.52	0.64
Cash	0.11	-0.52	0.24	0.47	0.65	-0.38	0.65	-0.51	0.32	-0.97	-0.5	0.64		-0.47	0.47	0.06	-0.11	0.39	-0.39	0.62	-0.57	-0.52	-0.63	-0.52	0.34	0.51
Non Current Assets Total	0.56	0.92	-0.81	-0.83	-0.9	0.97	-0.92	0.98	-0.74	0.64	0.99	-0.09	-0.47		-0.43	0.35	0.82	-0.95	0.79	-0.89	-0.22	0.92	0.93	0.92	-0.73	-0.65
Non Currrent Assets Other	-0.16	-0.45	0.68	0.81	0.42	-0.55	0.42	-0.57	0.19	-0.52	-0.52	0.76	0.47	-0.43		0.59	-0.62	0.4	-0.36	0.4	0.13	-0.73	-0.44	-0.45	0.7	0.67
Other Assets	0.58	0.45	0.17	0.23	-0.15	0.17	-0.19	0.2	-0.52	0.08	0.28	0.79	0.06	0.35	0.59		-0.06	-0.21	0.51	-0.13	-0.25	-0.02	0.18	0.45	0.31	0.36
Cash And Short Term Investments	0.48	0.66	-0.96	-0.9	-0.67	0.92	-0.69	0.87	-0.55	0.27	0.82	-0.21	-0.11	0.82	-0.62	-0.06		-0.87	0.52	-0.71	-0.47	0.9	0.72	0.66	-0.86	-0.69
Net Receivables	-0.37	-0.77	0.88	0.85	0.91	-0.96	0.92	-0.95	0.66	-0.53	-0.92	0.17	0.39	-0.95	0.4	-0.21	-0.87		-0.58	0.94	0.13	-0.9	-0.94	-0.77	0.81	0.73
Good Will	0.82	0.94	-0.48	-0.54	-0.57	0.73	-0.62	0.76	-0.61	0.59	0.84	0.15	-0.39	0.79	-0.36	0.51	0.52	-0.58		-0.47	-0.42	0.7	0.63	0.94	-0.38	-0.31
Common Stock Total Equity	-0.13	-0.7	0.77	0.8	0.96	-0.86	0.96	-0.89	0.6	-0.7	-0.84	0.36	0.62	-0.89	0.4	-0.13	-0.71	0.94	-0.47		-0.18	-0.84	-0.96	-0.7	0.76	0.76
Common Stock Shares Outstanding	-0.83	-0.33	0.27	0.14	-0.2	-0.28	-0.15	-0.22	0.37	0.38	-0.24	-0.51	-0.57	-0.22	0.13	-0.25	-0.47	0.13	-0.42	-0.18		-0.2	0.11	-0.33	0.04	-0.23
Short Term Investments	0.44	0.84	-0.92	-0.97	-0.86	0.97	-0.88	0.97	-0.59	0.66	0.95	-0.4	-0.52	0.92	-0.73	-0.02	0.9	-0.9	0.7	-0.84	-0.2		0.9	0.84	-0.88	-0.8
Non Current Liabilities Total	0.24	0.78	-0.81	-0.85	-1.0	0.92	-1.0	0.93	-0.53	0.73	0.93	-0.31	-0.63	0.93	-0.44	0.18	0.72	-0.94	0.63	-0.96	0.11	0.9		0.78	-0.81	-0.82
Capital Lease Obligations	0.74	1.0	-0.62	-0.69	-0.73	0.86	-0.77	0.91	-0.79	0.71	0.93	-0.01	-0.52	0.92	-0.45	0.45	0.66	-0.77	0.94	-0.7	-0.33	0.84	0.78		-0.51	-0.43
Inventory	-0.09	-0.51	0.96	0.95	0.81	-0.85	0.79	-0.79	0.19	-0.42	-0.76	0.52	0.34	-0.73	0.7	0.31	-0.86	0.81	-0.38	0.76	0.04	-0.88	-0.81	-0.51		0.96
Other Current Assets	0.11	-0.43	0.85	0.89	0.84	-0.75	0.81	-0.71	0.06	-0.54	-0.69	0.64	0.51	-0.65	0.67	0.36	-0.69	0.73	-0.31	0.76	-0.23	-0.8	-0.82	-0.43	0.96

Click cells to compare fundamentals

Honest Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Honest Stock Analysis

When running Honest's price analysis, check to measure Honest'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 Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Honest Common Stock vs Retained Earnings Analysis

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

Correlation Coefficient

Common Stock

Retained Earnings

Honest fundamental ratios Correlations

Honest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Honest Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Retained Earnings
Property Plant And Equipment Net	+ 0.98	Other Liab
Retained Earnings	+ 0.98	Other Liab
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Non Current Liabilities Total	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Cash	- 0.97	Net Debt
Short Term Investments	- 0.97	Total Current Liabilities
Non Current Liabilities Total	- 0.96	Common Stock Total Equity
Net Receivables	- 0.96	Other Liab