Hargreaves Other Stockholder Equity vs Total Liab Analysis

HSP Stock   550.00  2.00  0.36%   
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 Other Stockholder Equity and its Total Liab 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.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hargreaves Services Plc Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hargreaves Services' Other Stockholder Equity and Total Liab is 0.76. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab 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' Other Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Hargreaves Services Plc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Hargreaves Services' Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense563K2.4M2.7M2.8M
Depreciation And Amortization7.1M14.7M16.4M15.1M

Hargreaves Services fundamental ratios Correlations

0.790.590.850.60.83-0.430.670.550.710.770.6-0.240.770.780.030.580.720.830.730.90.870.720.920.510.17
0.790.430.880.020.76-0.680.950.060.940.790.17-0.320.790.89-0.360.020.930.910.830.690.970.530.890.60.11
0.590.430.770.280.5-0.710.310.090.490.530.02-0.140.530.520.010.470.150.390.450.570.570.240.680.64-0.15
0.850.880.770.20.75-0.780.750.150.860.840.18-0.160.840.85-0.220.290.690.820.80.810.920.520.950.790.09
0.60.020.280.20.330.19-0.070.9-0.060.210.860.030.210.080.510.880.030.220.130.570.140.460.30.090.3
0.830.760.50.750.33-0.450.710.370.730.610.39-0.340.610.86-0.250.320.710.770.60.630.840.80.810.360.0
-0.43-0.68-0.71-0.780.19-0.45-0.590.17-0.8-0.670.20.01-0.67-0.580.370.18-0.46-0.49-0.75-0.43-0.7-0.19-0.63-0.760.13
0.670.950.310.75-0.070.71-0.59-0.010.860.560.12-0.420.560.87-0.41-0.10.90.850.720.520.890.470.770.510.1
0.550.060.090.150.90.370.17-0.01-0.010.190.960.120.190.060.260.610.140.250.230.460.140.530.210.110.4
0.710.940.490.86-0.060.73-0.80.86-0.010.840.04-0.240.840.86-0.42-0.060.870.80.890.660.950.450.860.580.02
0.770.790.530.840.210.61-0.670.560.190.840.2-0.061.00.68-0.150.230.680.760.80.790.840.450.860.60.13
0.60.170.020.180.860.390.20.120.960.040.20.090.20.120.280.570.290.310.290.510.210.570.260.080.38
-0.24-0.32-0.14-0.160.03-0.340.01-0.420.12-0.24-0.060.09-0.06-0.390.09-0.09-0.3-0.420.040.05-0.35-0.09-0.330.180.12
0.770.790.530.840.210.61-0.670.560.190.841.00.2-0.060.68-0.150.230.680.760.80.790.840.450.860.60.13
0.780.890.520.850.080.86-0.580.870.060.860.680.12-0.390.68-0.410.20.810.870.650.710.930.540.890.490.12
0.03-0.360.01-0.220.51-0.250.37-0.410.26-0.42-0.150.280.09-0.15-0.410.52-0.35-0.25-0.270.02-0.280.18-0.12-0.18-0.3
0.580.020.470.290.880.320.18-0.10.61-0.060.230.57-0.090.230.20.52-0.060.24-0.020.610.180.340.40.10.2
0.720.930.150.690.030.71-0.460.90.140.870.680.29-0.30.680.81-0.35-0.060.830.80.620.880.560.760.340.1
0.830.910.390.820.220.77-0.490.850.250.80.760.31-0.420.760.87-0.250.240.830.650.720.910.60.890.570.29
0.730.830.450.80.130.6-0.750.720.230.890.80.290.040.80.65-0.27-0.020.80.650.70.830.450.760.590.04
0.90.690.570.810.570.63-0.430.520.460.660.790.510.050.790.710.020.610.620.720.70.760.520.850.570.32
0.870.970.570.920.140.84-0.70.890.140.950.840.21-0.350.840.93-0.280.180.880.910.830.760.590.960.590.05
0.720.530.240.520.460.8-0.190.470.530.450.450.57-0.090.450.540.180.340.560.60.450.520.590.590.28-0.11
0.920.890.680.950.30.81-0.630.770.210.860.860.26-0.330.860.89-0.120.40.760.890.760.850.960.590.60.07
0.510.60.640.790.090.36-0.760.510.110.580.60.080.180.60.49-0.180.10.340.570.590.570.590.280.60.33
0.170.11-0.150.090.30.00.130.10.40.020.130.380.120.130.12-0.30.20.10.290.040.320.05-0.110.070.33
Click cells to compare fundamentals

Hargreaves Services Account Relationship Matchups

Hargreaves Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets237.8M219.7M265.5M305.8M298.9M287.0M
Short Long Term Debt Total46.6M11.8M18.8M40.4M34.2M45.9M
Other Current Liab48.2M47.0M50.6M48.4M37.3M55.4M
Total Current Liabilities92.9M61.5M67.6M73.6M72.6M105.0M
Total Stockholder Equity130.0M144.3M180.1M201.2M192.4M127.5M
Property Plant And Equipment Net31.4M27.6M32M50.7M50.1M45.0M
Current Deferred Revenue(42.5M)(4.3M)4.0M1.4M5.3M5.5M
Net Debt28.1M(16.5M)5.0M18.6M11.5M10.9M
Retained Earnings49.7M65.5M100.5M120.2M111.5M62.8M
Accounts Payable7.5M11.2M9.6M9.5M10.3M9.8M
Cash18.5M28.3M13.8M21.9M22.7M24.7M
Non Current Assets Total73.5M85.2M125.9M167.9M149.5M102.6M
Non Currrent Assets Other(9.4M)(1.9M)5.6M3.7M20.1M21.1M
Cash And Short Term Investments18.5M28.3M13.8M21.9M22.7M24.7M
Good Will11.1M11.0M9.4M4.8M4.3M7.7M
Common Stock Shares Outstanding32.9M33.3M33.3M33.2M33.0M31.9M
Liabilities And Stockholders Equity237.8M219.7M265.5M305.8M298.9M287.0M
Non Current Liabilities Total14.9M13.9M18.0M31.3M34.2M35.3M
Inventory64.0M27.2M30.5M39.3M49.3M43.3M
Other Current Assets65K16.8M60.9M50.0M46.0M41.8M
Other Stockholder Equity74.0M76.6M73.8M74.0M74.0M77.4M
Total Liab107.8M75.4M85.6M104.8M106.8M115.5M
Property Plant And Equipment Gross31.4M27.6M32M50.7M109.6M65.2M
Total Current Assets164.3M134.5M139.6M137.9M149.4M180.7M
Accumulated Other Comprehensive Income3.1M1.6M2.5M3.8M3.5M3.7M
Short Term Debt37.2M3.2M7.3M15.5M18.2M17.3M
Short Term Investments65K2K(9.2M)(14.1M)18.8M19.8M
Net Receivables81.7M34.8M34.5M26.7M31.3M47.0M
Other Liab5.4M5.4M7.0M10.4M9.4M7.5M
Net Tangible Assets120.6M139.5M178.5M195.5M224.8M153.0M
Other Assets17.5M20.6M34.0M37.3M42.9M45.0M
Property Plant Equipment31.4M27.6M32M50.7M45.6M40.8M
Capital Lease Obligations14.6M11.8M18.4M36.4M34.2M19.8M
Net Invested Capital162.0M144.3M183.4M201.2M192.4M190.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Hargreaves Stock

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.