Hargreaves Inventory vs Net Debt Analysis

HSP Stock

572.00 8.00 1.42%

Hargreaves Services financial indicator trend analysis is much more than just examining Hargreaves Services Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hargreaves Services Plc is a good investment. Please check the relationship between Hargreaves Services Inventory and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hargreaves Services 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.

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hargreaves Services Plc Inventory account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hargreaves Services' Inventory and Net Debt is 0.85. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Debt in the same time period over historical financial statements of Hargreaves Services Plc, assuming nothing else is changed. The correlation between historical values of Hargreaves Services' Inventory and Net 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 Inventory of Hargreaves Services Plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Inventory i.e., Hargreaves Services' Inventory and Net Debt go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Hargreaves Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hargreaves Services 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 Hargreaves Services 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.

At present, Hargreaves Services' Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	563K	2.4M	2.7M	2.8M
Depreciation And Amortization	7.1M	14.7M	16.4M	15.1M

Interest Expense Depreciation And Amortization

Hargreaves Services fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.79	0.59	0.85	0.6	0.83	-0.43	0.67	0.55	0.71	0.77	0.6	-0.24	0.77	0.78	0.03	0.58	0.72	0.83	0.73	0.9	0.87	0.72	0.92	0.51	0.17
Short Long Term Debt Total	0.79		0.43	0.88	0.02	0.76	-0.68	0.95	0.06	0.94	0.79	0.17	-0.32	0.79	0.89	-0.36	0.02	0.93	0.91	0.83	0.69	0.97	0.53	0.89	0.61	0.11
Other Current Liab	0.59	0.43		0.77	0.28	0.5	-0.71	0.31	0.09	0.49	0.53	0.02	-0.14	0.53	0.52	0.01	0.47	0.15	0.39	0.45	0.57	0.57	0.24	0.68	0.65	-0.15
Total Current Liabilities	0.85	0.88	0.77		0.2	0.75	-0.78	0.75	0.15	0.86	0.84	0.18	-0.16	0.84	0.85	-0.22	0.29	0.69	0.82	0.8	0.81	0.92	0.52	0.95	0.8	0.09
Total Stockholder Equity	0.6	0.02	0.28	0.2		0.33	0.19	-0.07	0.9	-0.06	0.21	0.86	0.03	0.21	0.08	0.51	0.88	0.03	0.22	0.13	0.57	0.14	0.46	0.3	0.06	0.3
Property Plant And Equipment Net	0.83	0.76	0.5	0.75	0.33		-0.45	0.71	0.37	0.73	0.61	0.39	-0.34	0.61	0.86	-0.25	0.32	0.71	0.77	0.6	0.63	0.84	0.8	0.81	0.36	0.0
Current Deferred Revenue	-0.43	-0.68	-0.71	-0.78	0.19	-0.45		-0.59	0.17	-0.8	-0.67	0.2	0.01	-0.67	-0.58	0.37	0.18	-0.46	-0.49	-0.75	-0.43	-0.7	-0.19	-0.63	-0.78	0.13
Net Debt	0.67	0.95	0.31	0.75	-0.07	0.71	-0.59		-0.01	0.86	0.56	0.12	-0.42	0.56	0.87	-0.41	-0.1	0.9	0.85	0.72	0.52	0.89	0.47	0.77	0.52	0.1
Retained Earnings	0.55	0.06	0.09	0.15	0.9	0.37	0.17	-0.01		-0.01	0.19	0.96	0.12	0.19	0.06	0.26	0.61	0.14	0.25	0.23	0.46	0.14	0.53	0.21	0.08	0.4
Accounts Payable	0.71	0.94	0.49	0.86	-0.06	0.73	-0.8	0.86	-0.01		0.84	0.04	-0.24	0.84	0.86	-0.42	-0.06	0.87	0.8	0.89	0.66	0.95	0.45	0.86	0.59	0.02
Cash	0.77	0.79	0.53	0.84	0.21	0.61	-0.67	0.56	0.19	0.84		0.2	-0.06	1.0	0.68	-0.15	0.23	0.68	0.76	0.8	0.79	0.84	0.45	0.86	0.6	0.13
Non Current Assets Total	0.6	0.17	0.02	0.18	0.86	0.39	0.2	0.12	0.96	0.04	0.2		0.09	0.2	0.12	0.28	0.57	0.29	0.31	0.29	0.51	0.21	0.57	0.26	0.05	0.38
Non Currrent Assets Other	-0.24	-0.32	-0.14	-0.16	0.03	-0.34	0.01	-0.42	0.12	-0.24	-0.06	0.09		-0.06	-0.39	0.09	-0.09	-0.3	-0.42	0.04	0.05	-0.35	-0.09	-0.33	0.16	0.12
Cash And Short Term Investments	0.77	0.79	0.53	0.84	0.21	0.61	-0.67	0.56	0.19	0.84	1.0	0.2	-0.06		0.68	-0.15	0.23	0.68	0.76	0.8	0.79	0.84	0.45	0.86	0.6	0.13
Good Will	0.78	0.89	0.52	0.85	0.08	0.86	-0.58	0.87	0.06	0.86	0.68	0.12	-0.39	0.68		-0.41	0.2	0.81	0.87	0.65	0.71	0.93	0.54	0.89	0.51	0.12
Common Stock Total Equity	0.03	-0.36	0.01	-0.22	0.51	-0.25	0.37	-0.41	0.26	-0.42	-0.15	0.28	0.09	-0.15	-0.41		0.52	-0.35	-0.25	-0.27	0.02	-0.28	0.18	-0.12	-0.23	-0.3
Common Stock Shares Outstanding	0.58	0.02	0.47	0.29	0.88	0.32	0.18	-0.1	0.61	-0.06	0.23	0.57	-0.09	0.23	0.2	0.52		-0.06	0.24	-0.02	0.61	0.18	0.34	0.4	0.09	0.2
Non Current Liabilities Total	0.72	0.93	0.15	0.69	0.03	0.71	-0.46	0.9	0.14	0.87	0.68	0.29	-0.3	0.68	0.81	-0.35	-0.06		0.83	0.8	0.62	0.88	0.56	0.76	0.34	0.1
Inventory	0.83	0.91	0.39	0.82	0.22	0.77	-0.49	0.85	0.25	0.8	0.76	0.31	-0.42	0.76	0.87	-0.25	0.24	0.83		0.65	0.72	0.91	0.6	0.89	0.57	0.29
Other Current Assets	0.73	0.83	0.45	0.8	0.13	0.6	-0.75	0.72	0.23	0.89	0.8	0.29	0.04	0.8	0.65	-0.27	-0.02	0.8	0.65		0.7	0.83	0.45	0.76	0.6	0.04
Other Stockholder Equity	0.9	0.69	0.57	0.81	0.57	0.63	-0.43	0.52	0.46	0.66	0.79	0.51	0.05	0.79	0.71	0.02	0.61	0.62	0.72	0.7		0.76	0.52	0.85	0.56	0.32
Total Liab	0.87	0.97	0.57	0.92	0.14	0.84	-0.7	0.89	0.14	0.95	0.84	0.21	-0.35	0.84	0.93	-0.28	0.18	0.88	0.91	0.83	0.76		0.59	0.96	0.59	0.05
Property Plant And Equipment Gross	0.72	0.53	0.24	0.52	0.46	0.8	-0.19	0.47	0.53	0.45	0.45	0.57	-0.09	0.45	0.54	0.18	0.34	0.56	0.6	0.45	0.52	0.59		0.59	0.23	-0.11
Total Current Assets	0.92	0.89	0.68	0.95	0.3	0.81	-0.63	0.77	0.21	0.86	0.86	0.26	-0.33	0.86	0.89	-0.12	0.4	0.76	0.89	0.76	0.85	0.96	0.59		0.6	0.07
Short Term Debt	0.51	0.61	0.65	0.8	0.06	0.36	-0.78	0.52	0.08	0.59	0.6	0.05	0.16	0.6	0.51	-0.23	0.09	0.34	0.57	0.6	0.56	0.59	0.23	0.6		0.33
Intangible Assets	0.17	0.11	-0.15	0.09	0.3	0.0	0.13	0.1	0.4	0.02	0.13	0.38	0.12	0.13	0.12	-0.3	0.2	0.1	0.29	0.04	0.32	0.05	-0.11	0.07	0.33

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Hargreaves Services Account Relationship Matchups

Hargreaves Services fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	237.8M	219.7M	265.5M	305.8M	298.9M	287.0M
Short Long Term Debt Total	46.6M	11.8M	18.8M	40.4M	34.2M	45.9M
Other Current Liab	48.2M	47.0M	50.6M	48.4M	37.3M	55.4M
Total Current Liabilities	92.9M	61.5M	67.6M	73.6M	72.6M	105.0M
Total Stockholder Equity	130.0M	144.3M	180.1M	201.2M	192.4M	127.5M
Property Plant And Equipment Net	31.4M	27.6M	32M	50.7M	50.1M	45.0M
Current Deferred Revenue	(42.5M)	(4.3M)	4.0M	1.4M	5.3M	5.5M
Net Debt	28.1M	(16.5M)	5.0M	18.6M	11.5M	10.9M
Retained Earnings	49.7M	65.5M	100.5M	120.2M	111.5M	62.8M
Accounts Payable	7.5M	11.2M	9.6M	9.5M	10.3M	9.8M
Cash	18.5M	28.3M	13.8M	21.9M	22.7M	24.7M
Non Current Assets Total	73.5M	85.2M	125.9M	167.9M	149.5M	102.6M
Non Currrent Assets Other	(9.4M)	(1.9M)	5.6M	3.7M	20.1M	21.1M
Cash And Short Term Investments	18.5M	28.3M	13.8M	21.9M	22.7M	24.7M
Good Will	11.1M	11.0M	9.4M	4.8M	4.3M	7.7M
Common Stock Shares Outstanding	32.9M	33.3M	33.3M	33.2M	33.0M	31.9M
Liabilities And Stockholders Equity	237.8M	219.7M	265.5M	305.8M	298.9M	287.0M
Non Current Liabilities Total	14.9M	13.9M	18.0M	31.3M	34.2M	35.3M
Inventory	64.0M	27.2M	30.5M	39.3M	49.3M	43.3M
Other Current Assets	65K	16.8M	60.9M	50.0M	46.0M	41.8M
Other Stockholder Equity	74.0M	76.6M	73.8M	74.0M	74.0M	77.4M
Total Liab	107.8M	75.4M	85.6M	104.8M	106.8M	115.5M
Property Plant And Equipment Gross	31.4M	27.6M	32M	50.7M	109.6M	65.2M
Total Current Assets	164.3M	134.5M	139.6M	137.9M	149.4M	180.7M
Accumulated Other Comprehensive Income	3.1M	1.6M	2.5M	3.8M	3.5M	3.7M
Short Term Debt	37.2M	3.2M	7.3M	15.5M	13.4M	17.1M
Short Term Investments	65K	2K	(9.2M)	(14.1M)	18.8M	19.8M
Net Receivables	81.7M	34.8M	34.5M	26.7M	31.3M	47.0M
Other Liab	5.4M	5.4M	7.0M	10.4M	9.4M	7.5M
Net Tangible Assets	120.6M	139.5M	178.5M	195.5M	224.8M	153.0M
Other Assets	17.5M	20.6M	34.0M	37.3M	42.9M	45.0M
Property Plant Equipment	31.4M	27.6M	32M	50.7M	45.6M	40.8M
Capital Lease Obligations	14.6M	11.8M	18.4M	36.4M	34.2M	19.8M
Net Invested Capital	162.0M	144.3M	183.4M	201.2M	192.4M	190.6M

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

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Hargreaves Inventory vs Net Debt Analysis

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

Correlation Coefficient

Inventory

Net Debt

Hargreaves Services fundamental ratios Correlations

Hargreaves Services Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hargreaves Services fundamental ratios Accounts

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Other Information on Investing in Hargreaves Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.96	Retained Earnings
Total Current Assets	+ 0.96	Total Liab
Net Debt	+ 0.95	Short Long Term Debt Total
Total Current Assets	+ 0.95	Total Current Liabilities

Accounts Payable	- 0.8	Current Deferred Revenue
Short Term Debt	- 0.78	Current Deferred Revenue
Current Deferred Revenue	- 0.78	Total Current Liabilities
Other Current Assets	- 0.75	Current Deferred Revenue
Current Deferred Revenue	- 0.71	Other Current Liab
Total Liab	- 0.7	Current Deferred Revenue