Harrow Non Current Assets Total vs Long Term Debt Analysis

HROW Stock

USD 30.42 1.49 4.67%

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

For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harrow Health Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Harrow Health's Non Current Assets Total and Long Term Debt is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Harrow Health, assuming nothing else is changed. The correlation between historical values of Harrow Health's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Harrow Health are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Harrow Health's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Long Term Debt

Long-term debt is a debt that Harrow Health has held for over one year. Long-term debt appears on Harrow Health balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Harrow Health balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.At this time, Harrow Health's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 846.5 K in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.73 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	63.2M	90.6M	104.1M	109.3M
Total Revenue	88.6M	130.2M	149.7M	157.2M

Gross Profit Total Revenue

Harrow Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Assets	Accounts Payable	Non Current Liabilities Total	Property Plant And Equipment Net	Non Current Assets Total	Property Plant And Equipment Gross	Other Liab	Long Term Debt	Net Tangible Assets	Current Deferred Revenue	Retained Earnings Total Equity
Total Assets		0.95	0.99	0.96	0.97	-0.79	0.9	0.92	0.79	0.83	0.95	1.0	0.98	0.86	0.99	0.72	0.97	0.99	0.7	0.99	0.9	0.17	0.99	-0.17	0.32	-0.71
Other Current Liab	0.95		0.97	0.94	0.99	-0.67	0.74	0.76	0.66	0.72	0.88	0.94	0.87	0.76	0.94	0.49	0.87	0.93	0.56	0.99	0.76	0.17	0.93	-0.19	0.21	-0.56
Total Current Liabilities	0.99	0.97		0.97	0.98	-0.79	0.83	0.87	0.78	0.83	0.96	0.98	0.95	0.86	0.97	0.66	0.96	0.97	0.71	0.99	0.87	0.24	0.97	-0.13	0.36	-0.71
Total Stockholder Equity	0.96	0.94	0.97		0.94	-0.74	0.8	0.88	0.77	0.83	0.94	0.94	0.94	0.84	0.93	0.62	0.92	0.93	0.7	0.96	0.84	0.12	0.93	0.08	0.3	-0.64
Net Debt	0.97	0.99	0.98	0.94		-0.74	0.77	0.81	0.75	0.79	0.92	0.96	0.9	0.83	0.96	0.54	0.9	0.95	0.66	0.99	0.84	0.2	0.95	-0.2	0.28	-0.65
Retained Earnings	-0.79	-0.67	-0.79	-0.74	-0.74		-0.76	-0.82	-0.91	-0.93	-0.91	-0.8	-0.82	-0.91	-0.79	-0.67	-0.83	-0.79	-0.89	-0.74	-0.91	-0.49	-0.78	0.09	-0.34	0.98
Cash	0.9	0.74	0.83	0.8	0.77	-0.76		0.96	0.73	0.74	0.84	0.91	0.95	0.77	0.92	0.91	0.93	0.92	0.63	0.82	0.88	0.12	0.92	-0.28	0.31	-0.72
Cash And Short Term Investments	0.92	0.76	0.87	0.88	0.81	-0.82	0.96		0.84	0.87	0.91	0.92	0.98	0.88	0.93	0.87	0.95	0.93	0.77	0.84	0.95	0.13	0.93	-0.08	0.37	-0.79
Common Stock Total Equity	0.79	0.66	0.78	0.77	0.75	-0.91	0.73	0.84		0.95	0.9	0.78	0.83	0.99	0.78	0.64	0.82	0.78	0.93	0.73	0.93	0.35	0.76	0.06	0.44	-0.9
Common Stock Shares Outstanding	0.83	0.72	0.83	0.83	0.79	-0.93	0.74	0.87	0.95		0.94	0.82	0.86	0.95	0.82	0.62	0.85	0.81	0.93	0.78	0.94	0.31	0.8	0.12	0.32	-0.92
Other Stockholder Equity	0.95	0.88	0.96	0.94	0.92	-0.91	0.84	0.91	0.9	0.94		0.94	0.95	0.95	0.94	0.69	0.95	0.94	0.84	0.93	0.94	0.34	0.93	-0.04	0.34	-0.86
Total Liab	1.0	0.94	0.98	0.94	0.96	-0.8	0.91	0.92	0.78	0.82	0.94		0.98	0.86	1.0	0.73	0.97	1.0	0.69	0.98	0.9	0.19	1.0	-0.23	0.32	-0.72
Total Current Assets	0.98	0.87	0.95	0.94	0.9	-0.82	0.95	0.98	0.83	0.86	0.95	0.98		0.88	0.98	0.82	0.98	0.98	0.75	0.93	0.94	0.16	0.98	-0.13	0.36	-0.76
Common Stock	0.86	0.76	0.86	0.84	0.83	-0.91	0.77	0.88	0.99	0.95	0.95	0.86	0.88		0.85	0.66	0.88	0.85	0.91	0.82	0.95	0.33	0.84	0.02	0.42	-0.88
Short Long Term Debt Total	0.99	0.94	0.97	0.93	0.96	-0.79	0.92	0.93	0.78	0.82	0.94	1.0	0.98	0.85		0.73	0.96	1.0	0.69	0.98	0.9	0.17	1.0	-0.25	0.31	-0.72
Other Current Assets	0.72	0.49	0.66	0.62	0.54	-0.67	0.91	0.87	0.64	0.62	0.69	0.73	0.82	0.66	0.73		0.83	0.75	0.59	0.61	0.76	0.13	0.75	-0.22	0.48	-0.66
Accounts Payable	0.97	0.87	0.96	0.92	0.9	-0.83	0.93	0.95	0.82	0.85	0.95	0.97	0.98	0.88	0.96	0.83		0.97	0.75	0.93	0.92	0.23	0.96	-0.15	0.45	-0.77
Non Current Liabilities Total	0.99	0.93	0.97	0.93	0.95	-0.79	0.92	0.93	0.78	0.81	0.94	1.0	0.98	0.85	1.0	0.75	0.97		0.68	0.97	0.9	0.17	1.0	-0.26	0.31	-0.72
Property Plant And Equipment Net	0.7	0.56	0.71	0.7	0.66	-0.89	0.63	0.77	0.93	0.93	0.84	0.69	0.75	0.91	0.69	0.59	0.75	0.68		0.63	0.91	0.41	0.67	0.16	0.44	-0.91
Non Current Assets Total	0.99	0.99	0.99	0.96	0.99	-0.74	0.82	0.84	0.73	0.78	0.93	0.98	0.93	0.82	0.98	0.61	0.93	0.97	0.63		0.83	0.18	0.97	-0.2	0.27	-0.64
Property Plant And Equipment Gross	0.9	0.76	0.87	0.84	0.84	-0.91	0.88	0.95	0.93	0.94	0.94	0.9	0.94	0.95	0.9	0.76	0.92	0.9	0.91	0.83		0.29	0.89	-0.1	0.38	-0.9
Other Liab	0.17	0.17	0.24	0.12	0.2	-0.49	0.12	0.13	0.35	0.31	0.34	0.19	0.16	0.33	0.17	0.13	0.23	0.17	0.41	0.18	0.29		0.16	-0.19	0.29	-0.49
Long Term Debt	0.99	0.93	0.97	0.93	0.95	-0.78	0.92	0.93	0.76	0.8	0.93	1.0	0.98	0.84	1.0	0.75	0.96	1.0	0.67	0.97	0.89	0.16		-0.27	0.3	-0.71
Net Tangible Assets	-0.17	-0.19	-0.13	0.08	-0.2	0.09	-0.28	-0.08	0.06	0.12	-0.04	-0.23	-0.13	0.02	-0.25	-0.22	-0.15	-0.26	0.16	-0.2	-0.1	-0.19	-0.27		-0.03	0.1
Current Deferred Revenue	0.32	0.21	0.36	0.3	0.28	-0.34	0.31	0.37	0.44	0.32	0.34	0.32	0.36	0.42	0.31	0.48	0.45	0.31	0.44	0.27	0.38	0.29	0.3	-0.03		-0.37
Retained Earnings Total Equity	-0.71	-0.56	-0.71	-0.64	-0.65	0.98	-0.72	-0.79	-0.9	-0.92	-0.86	-0.72	-0.76	-0.88	-0.72	-0.66	-0.77	-0.72	-0.91	-0.64	-0.9	-0.49	-0.71	0.1	-0.37

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Harrow Health Account Relationship Matchups

Harrow Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	57.5M	98.3M	157.0M	312.2M	359.0M	376.9M
Other Current Liab	1.7M	4.9M	(836K)	27.0M	31.1M	32.6M
Total Current Liabilities	10.8M	9.7M	18.6M	49.3M	56.7M	59.6M
Total Stockholder Equity	27.2M	11.3M	27.2M	70.8M	81.4M	85.4M
Net Debt	19.4M	35.8M	7.9M	116.4M	133.9M	140.6M
Retained Earnings	(77.4M)	(95.4M)	(109.5M)	(133.9M)	(120.5M)	(114.5M)
Cash	4.1M	42.2M	96.3M	74.1M	85.2M	89.5M
Cash And Short Term Investments	32.6M	50.7M	96.3M	82.8M	95.2M	99.9M
Common Stock Shares Outstanding	25.9M	26.8M	27.5M	32.6M	37.5M	39.4M
Liabilities And Stockholders Equity	57.5M	98.3M	157.0M	312.2M	359.0M	376.9M
Other Stockholder Equity	104.6M	106.7M	136.7M	204.6M	235.3M	247.1M
Total Liab	30.6M	87.4M	130.1M	241.8M	278.0M	291.9M
Total Current Assets	40.1M	60.7M	118.3M	139.5M	160.4M	168.4M
Short Long Term Debt Total	23.5M	78.0M	104.9M	190.5M	219.1M	230.0M
Other Current Assets	941K	1.3M	22.0M	9.4M	10.8M	11.3M
Accounts Payable	3.6M	5.2M	18.6M	21.4M	24.6M	25.9M
Non Current Liabilities Total	19.8M	77.7M	111.5M	192.4M	221.3M	232.3M
Property Plant And Equipment Net	11.3M	9.1M	11.0M	10.3M	11.9M	12.4M
Non Current Assets Total	17.3M	37.7M	37.2M	172.7M	198.6M	208.5M
Property Plant And Equipment Gross	11.3M	16.9M	20.1M	20.4M	23.4M	24.6M
Long Term Debt	12.4M	71.7M	104.2M	183.2M	210.6M	221.2M
Net Tangible Assets	25.0M	24.9M	(6.2M)	1.4M	1.6M	1.6M
Current Deferred Revenue	66K	16K	113K	75K	86.3K	71.3K
Retained Earnings Total Equity	(74.0M)	(77.4M)	(95.4M)	(109.5M)	(98.5M)	(103.5M)
Capital Surpluse	101.7M	104.6M	106.7M	137.1M	157.6M	85.0M
Short Term Debt	5.1M	560K	723K	806K	926.9K	880.6K
Non Currrent Assets Other	3.8M	12.4M	2.0M	(2.1M)	(2.5M)	(2.3M)
Property Plant Equipment	5.4M	4.5M	3.1M	3.5M	4.0M	3.9M
Short Term Investments	28.5M	8.5M	5.6M	8.7M	10.0M	9.9M
Net Receivables	2.7M	4.5M	6.4M	36.5M	42.0M	44.1M
Long Term Debt Total	12.2M	12.4M	71.7M	104.2M	119.8M	125.8M
Capital Lease Obligations	7.3M	6.3M	8.1M	7.3M	8.4M	4.3M
Inventory	4.0M	4.2M	6.5M	10.9M	12.5M	13.1M
Non Current Liabilities Other	7.2M	7.5M	6.0M	7.3M	8.4M	8.9M
Intangible Assets	1.9M	17.1M	25.8M	162.0M	186.4M	195.7M

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Harrow Non Current Assets Total vs Long Term Debt Analysis

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Long Term Debt

Harrow Health fundamental ratios Correlations

Harrow Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Harrow Health fundamental ratios Accounts

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Additional Tools for Harrow Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Total Liab
Long Term Debt	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Retained Earnings Total Equity	- 0.92	Common Stock Shares Outstanding
Retained Earnings Total Equity	- 0.91	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Common Stock	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings