Hooker Cost Of Revenue vs Selling General Administrative Analysis

HOFT Stock  USD 18.67  0.23  1.22%   
Hooker Furniture financial indicator trend analysis is much more than just examining Hooker Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hooker Furniture is a good investment. Please check the relationship between Hooker Furniture Cost Of Revenue and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hooker Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hooker Furniture Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hooker Furniture's Cost Of Revenue and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hooker Furniture, assuming nothing else is changed. The correlation between historical values of Hooker Furniture's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Hooker Furniture are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Hooker Furniture's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Hooker Furniture income statement and represents the costs associated with goods and services Hooker Furniture provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling General Administrative

Most indicators from Hooker Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hooker Furniture 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 Hooker Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.Tax Provision is likely to gain to about 5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 50.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense110K519K1.6M1.3M
Depreciation And Amortization7.8M8.8M9.0M6.2M

Hooker Furniture fundamental ratios Correlations

0.530.280.930.970.660.60.950.810.270.950.230.270.890.89-0.020.790.910.660.950.450.950.980.430.590.67
0.530.390.30.490.610.480.460.050.160.670.440.160.190.46-0.380.560.440.350.540.420.340.55-0.250.480.03
0.280.390.330.140.040.70.110.18-0.60.360.08-0.60.320.210.00.480.480.00.450.070.180.20.390.150.46
0.930.30.330.890.440.530.860.950.210.80.090.210.970.810.060.70.890.60.920.260.960.910.620.460.81
0.970.490.140.890.60.460.990.810.380.880.160.380.870.88-0.130.670.870.70.850.390.960.980.310.550.53
0.660.610.040.440.60.610.570.180.220.820.620.220.310.640.150.760.480.470.690.780.440.640.020.640.3
0.60.480.70.530.460.610.440.3-0.460.740.48-0.460.490.610.140.880.70.250.750.620.410.510.380.550.62
0.950.460.110.860.990.570.440.80.380.850.150.380.870.87-0.160.660.870.680.820.40.950.950.280.540.5
0.810.050.180.950.810.180.30.80.240.6-0.120.240.970.690.040.460.790.560.740.050.930.80.630.290.74
0.270.16-0.60.210.380.22-0.460.380.240.150.11.00.120.3-0.32-0.01-0.070.340.110.120.360.36-0.160.26-0.12
0.950.670.360.80.880.820.740.850.60.150.410.150.730.850.030.870.830.60.950.610.790.920.340.650.61
0.230.440.080.090.160.620.480.15-0.120.10.410.1-0.060.5-0.290.620.080.160.310.850.040.22-0.270.760.02
0.270.16-0.60.210.380.22-0.460.380.241.00.150.10.120.3-0.32-0.01-0.070.340.110.120.360.36-0.160.26-0.12
0.890.190.320.970.870.310.490.870.970.120.73-0.060.120.760.070.610.90.560.840.160.950.860.640.350.79
0.890.460.210.810.880.640.610.870.690.30.850.50.30.76-0.290.850.770.680.830.710.830.880.260.820.55
-0.02-0.380.00.06-0.130.150.14-0.160.04-0.320.03-0.29-0.320.07-0.29-0.03-0.01-0.250.12-0.19-0.07-0.090.58-0.390.45
0.790.560.480.70.670.760.880.660.46-0.010.870.62-0.010.610.85-0.030.730.420.880.790.630.720.370.770.66
0.910.440.480.890.870.480.70.870.79-0.070.830.08-0.070.90.77-0.010.730.560.870.30.880.860.440.450.66
0.660.350.00.60.70.470.250.680.560.340.60.160.340.560.68-0.250.420.560.550.330.660.74-0.010.490.25
0.950.540.450.920.850.690.750.820.740.110.950.310.110.840.830.120.880.870.550.490.850.910.550.590.8
0.450.420.070.260.390.780.620.40.050.120.610.850.120.160.71-0.190.790.30.330.490.250.42-0.060.840.2
0.950.340.180.960.960.440.410.950.930.360.790.040.360.950.83-0.070.630.880.660.850.250.940.470.470.66
0.980.550.20.910.980.640.510.950.80.360.920.220.360.860.88-0.090.720.860.740.910.420.940.350.580.6
0.43-0.250.390.620.310.020.380.280.63-0.160.34-0.27-0.160.640.260.580.370.44-0.010.55-0.060.470.35-0.030.91
0.590.480.150.460.550.640.550.540.290.260.650.760.260.350.82-0.390.770.450.490.590.840.470.58-0.030.28
0.670.030.460.810.530.30.620.50.74-0.120.610.02-0.120.790.550.450.660.660.250.80.20.660.60.910.28
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Hooker Furniture Account Relationship Matchups

Hooker Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.7M352.3M374.6M381.7M343.6M241.7M
Short Long Term Debt Total70.2M36.1M54.0M95.3M76.3M38.2M
Other Current Liab9.1M544K(3.6M)21.1M10.9M9.5M
Total Current Liabilities50.1M54.1M56.9M50.0M41.4M32.9M
Total Stockholder Equity274.1M257.5M261.1M236.0M226.0M175.2M
Property Plant And Equipment Net69.4M61.4M79.9M96.0M79.9M45.6M
Net Debt34.2M(29.8M)(15.3M)76.3M33.1M34.7M
Retained Earnings223.3M205.0M207.9M184.4M175.7M155.3M
Accounts Payable25.5M32.2M30.9M16.1M16.5M16.6M
Cash36.0M65.8M69.4M19.0M43.2M29.0M
Non Current Assets Total171.7M128.6M146.8M194.4M178.8M90.0M
Non Currrent Assets Other1.1M893K31.0M37.2M43.2M45.3M
Cash And Short Term Investments36.0M65.8M69.4M19.0M43.2M29.0M
Net Receivables88.4M83.3M78.1M65.2M54.3M52.6M
Common Stock Total Equity51.6M53.3M53.3M50.8M58.4M61.3M
Common Stock Shares Outstanding11.8M11.8M12.0M11.6M10.8M9.6M
Liabilities And Stockholders Equity393.7M352.3M374.6M381.7M343.6M241.7M
Non Current Liabilities Total69.5M40.7M56.5M95.7M76.2M80.0M
Inventory92.8M70.2M75.0M96.7M61.8M65.2M
Other Current Assets4.7M8.9M5.2M6.4M5.5M4.6M
Total Liab119.6M94.8M113.4M145.7M117.6M66.5M
Property Plant And Equipment Gross69.4M61.4M79.9M96.0M127.6M134.0M
Total Current Assets222.0M223.7M227.7M187.3M164.8M151.6M
Common Stock51.6M53.3M53.3M50.8M49.5M25.4M
Other Liab11.4M11.2M9.9M9.0M10.4M9.3M
Other Assets28.9M40.4M42.6M51.7M59.5M62.5M
Long Term Debt45.8M29.6M24.3M22.9M21.5M17.0M
Other Stockholder Equity287K(808K)53.9M50.8M58.4M61.3M
Short Term Debt12.1M13.3M14.9M8.7M8.4M6.1M
Property Plant Equipment29.9M26.8M28.1M27.0M24.3M24.9M
Accumulated Other Comprehensive Income(713K)(808K)(51K)865K734K770.7K
Intangible Assets33.4M26.2M23.9M31.8M28.6M15.4M
Net Tangible Assets200.7M230.8M236.8M189.3M217.7M182.3M
Retained Earnings Total Equity223.3M205.0M207.9M184.4M212.0M164.7M
Deferred Long Term Liab11.4M11.2M9.9M8.2M9.4M9.4M
Current Deferred Revenue3.4M4.3M7.1M8.5M5.9M4.4M
Non Current Liabilities Other33.8M29.4M46.6M87.5M889K844.6K
Short Long Term Debt7.5M5.8M5.8M1.4M1.3M1.2M

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Additional Tools for Hooker Stock Analysis

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