Hornby Total Stockholder Equity vs Non Current Assets Total Analysis

HRN Stock   22.00  4.00  15.38%   
Hornby PLC financial indicator trend analysis is much more than just examining Hornby PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hornby PLC is a good investment. Please check the relationship between Hornby PLC Total Stockholder Equity and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hornby 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hornby PLC Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hornby PLC's Total Stockholder Equity and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Hornby PLC, assuming nothing else is changed. The correlation between historical values of Hornby PLC's Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Hornby PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Hornby PLC's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Hornby PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hornby 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 Hornby 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.
The current year's Tax Provision is expected to grow to about 3.5 M, whereas Selling General Administrative is forecasted to decline to about 6.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense358K843K1.7M388K
Depreciation And Amortization2.9M3.8M5.0M1.5M

Hornby PLC fundamental ratios Correlations

0.66-0.070.660.840.74-0.360.490.090.630.240.960.430.24-0.170.060.680.88-0.130.220.740.460.960.570.26-0.23
0.660.260.960.170.8-0.060.94-0.060.37-0.290.590.24-0.29-0.420.070.460.77-0.150.00.960.60.670.680.13-0.3
-0.070.260.32-0.33-0.11-0.270.310.280.27-0.3-0.040.31-0.30.03-0.40.02-0.06-0.27-0.060.29-0.39-0.09-0.5-0.380.04
0.660.960.320.150.78-0.180.950.150.55-0.40.630.44-0.4-0.55-0.110.390.680.01-0.020.980.490.640.65-0.08-0.44
0.840.17-0.330.150.39-0.29-0.040.030.440.580.820.310.580.160.110.510.64-0.070.370.250.220.790.290.360.02
0.740.8-0.110.780.39-0.20.71-0.150.34-0.020.680.07-0.02-0.450.310.60.85-0.23-0.250.830.830.750.80.33-0.57
-0.36-0.06-0.27-0.18-0.29-0.2-0.03-0.47-0.78-0.12-0.41-0.47-0.120.250.33-0.48-0.190.20.13-0.270.07-0.270.090.290.29
0.490.940.310.95-0.040.71-0.030.070.39-0.590.440.31-0.59-0.58-0.050.30.6-0.01-0.070.920.510.50.64-0.07-0.42
0.09-0.060.280.150.03-0.15-0.470.070.69-0.320.230.77-0.32-0.51-0.9-0.11-0.280.46-0.130.11-0.53-0.07-0.16-0.91-0.25
0.630.370.270.550.440.34-0.780.390.69-0.160.70.86-0.16-0.49-0.570.360.350.190.140.57-0.050.510.19-0.47-0.36
0.24-0.29-0.3-0.40.58-0.02-0.12-0.59-0.32-0.160.2-0.281.00.620.370.360.18-0.370.07-0.280.00.27-0.150.540.35
0.960.59-0.040.630.820.68-0.410.440.230.70.20.530.2-0.2-0.060.580.78-0.050.270.690.340.860.520.13-0.21
0.430.240.310.440.310.07-0.470.310.770.86-0.280.53-0.28-0.38-0.75-0.050.080.480.290.38-0.330.30.04-0.63-0.25
0.24-0.29-0.3-0.40.58-0.02-0.12-0.59-0.32-0.161.00.2-0.280.620.370.360.18-0.370.07-0.280.00.27-0.150.540.35
-0.17-0.420.03-0.550.16-0.450.25-0.58-0.51-0.490.62-0.2-0.380.620.35-0.05-0.14-0.360.34-0.5-0.35-0.14-0.540.530.65
0.060.07-0.4-0.110.110.310.33-0.05-0.9-0.570.37-0.06-0.750.370.350.310.41-0.55-0.01-0.030.640.180.270.890.05
0.680.460.020.390.510.6-0.480.3-0.110.360.360.58-0.050.36-0.050.310.75-0.67-0.20.570.460.730.330.35-0.19
0.880.77-0.060.680.640.85-0.190.6-0.280.350.180.780.080.18-0.140.410.75-0.40.110.770.730.930.630.53-0.23
-0.13-0.15-0.270.01-0.07-0.230.2-0.010.460.19-0.37-0.050.48-0.37-0.36-0.55-0.67-0.40.24-0.14-0.26-0.210.17-0.52-0.12
0.220.0-0.06-0.020.37-0.250.13-0.07-0.130.140.070.270.290.070.34-0.01-0.20.110.24-0.06-0.150.15-0.050.20.52
0.740.960.290.980.250.83-0.270.920.110.57-0.280.690.38-0.28-0.5-0.030.570.77-0.14-0.060.540.730.650.01-0.44
0.460.6-0.390.490.220.830.070.51-0.53-0.050.00.34-0.330.0-0.350.640.460.73-0.26-0.150.540.550.80.6-0.38
0.960.67-0.090.640.790.75-0.270.5-0.070.510.270.860.30.27-0.140.180.730.93-0.210.150.730.550.580.37-0.25
0.570.68-0.50.650.290.80.090.64-0.160.19-0.150.520.04-0.15-0.540.270.330.630.17-0.050.650.80.580.26-0.42
0.260.13-0.38-0.080.360.330.29-0.07-0.91-0.470.540.13-0.630.540.530.890.350.53-0.520.20.010.60.370.260.23
-0.23-0.30.04-0.440.02-0.570.29-0.42-0.25-0.360.35-0.21-0.250.350.650.05-0.19-0.23-0.120.52-0.44-0.38-0.25-0.420.23
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Hornby PLC Account Relationship Matchups

Hornby PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.7M48.9M53.8M54.2M55.1M22.1M
Short Long Term Debt Total2.6M2.8M3.1M9.3M18.1M1.1M
Other Current Liab2.7M2.5M2.4M(13.8M)5.8M4.4M
Total Current Liabilities5.3M8.0M7.9M15.8M27.3M6.9M
Total Stockholder Equity37.0M38.3M43.1M36.0M24.3M14.8M
Property Plant And Equipment Net6.7M9.4M12.6M14.1M16.8M6.5M
Net Debt(3.3M)(1.9M)(1.1M)8.0M17.0M444K
Retained Earnings(17.6M)(15.5M)(11.7M)(18.0M)(30.1M)8.6M
Accounts Payable2.5M2.8M3.9M4.2M4.5M2.5M
Cash704K5.9M4.7M4.1M1.3M1.1M
Non Current Assets Total17.9M21.7M23.9M22.4M23.3M7.2M
Non Currrent Assets Other1.7M2.6M1.8M(1K)2.7M75K
Cash And Short Term Investments704K5.9M4.7M4.1M1.3M1.1M
Liabilities And Stockholders Equity44.7M48.9M53.8M54.2M55.1M22.1M
Non Current Liabilities Total2.4M2.6M2.8M2.4M3.5M439K
Inventory14.2M15.2M16.5M21.3M21.5M5.8M
Other Current Assets1.5M999K9.3M2.0M1.8M8.4M
Other Stockholder Equity98.8M101.7M52.9M52.9M52.8M5.8M
Total Liab7.7M10.6M10.7M18.2M30.8M7.3M
Property Plant And Equipment Gross6.7M9.4M82.9M87.6M94.6M6.5M
Total Current Assets26.8M27.1M29.9M31.8M31.9M14.9M
Short Term Debt384K365K17.0M7.2M15.8M687K
Accumulated Other Comprehensive Income57.0K(727K)306K(465K)(101.0K)(106.0K)
Net Receivables5.1M6.3M7.1M7.2M7.5M9.1M
Intangible Assets2.8M3.0M3.2M3.0M2.7M3.2M
Property Plant Equipment3.8M6.7M9.4M12.6M14.5M8.0M
Net Tangible Assets18.0M29.6M30.7M35.3M40.6M26.7M
Net Invested Capital37.0M38.3M43.4M42.9M39.8M40.9M
Net Working Capital21.5M19.1M22.0M16.0M4.6M4.4M

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Other Information on Investing in Hornby Stock

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