Harvey Short Term Debt vs Net Debt Analysis

HVN Stock

4.76 0.03 0.63%

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

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harvey Norman Holdings Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Harvey Norman's Short Term Debt and Net Debt is -0.06. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Harvey Norman Holdings, assuming nothing else is changed. The correlation between historical values of Harvey Norman's Short Term Debt 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 Short Term Debt of Harvey Norman Holdings 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 Short Term Debt i.e., Harvey Norman's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Debt

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

Tax Provision is likely to gain to about 220.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 554.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	52.1M	91.7M	111.0M	116.5M
Depreciation And Amortization	156.4M	160.9M	166.5M	174.8M

Interest Expense Depreciation And Amortization

Harvey Norman 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	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.96	0.34	0.32	0.99	0.97	0.81	0.95	0.99	0.02	0.87	0.87	0.3	0.81	0.45	-0.67	0.95	0.61	0.88	0.99	-0.76	0.99	0.94	0.69	0.2	0.95
Short Long Term Debt Total	0.96		0.14	0.08	0.93	0.99	0.88	1.0	0.92	-0.15	0.83	0.95	0.41	0.74	0.27	-0.46	0.94	0.76	0.97	0.94	-0.85	0.97	0.99	0.52	-0.03	0.94
Other Current Liab	0.34	0.14		0.88	0.32	0.16	-0.2	0.11	0.38	0.83	0.33	0.07	-0.48	0.37	0.93	-0.71	0.15	-0.33	0.04	0.31	0.02	0.35	0.11	0.82	0.52	0.15
Total Current Liabilities	0.32	0.08	0.88		0.33	0.13	-0.17	0.04	0.37	0.76	0.35	-0.04	-0.35	0.43	0.84	-0.76	0.17	-0.35	-0.09	0.32	0.18	0.29	0.07	0.77	0.81	0.17
Total Stockholder Equity	0.99	0.93	0.32	0.33		0.95	0.81	0.92	0.99	-0.02	0.85	0.82	0.29	0.81	0.44	-0.7	0.95	0.59	0.84	1.0	-0.73	0.96	0.92	0.69	0.28	0.95
Property Plant And Equipment Net	0.97	0.99	0.16	0.13	0.95		0.89	0.98	0.93	-0.14	0.86	0.93	0.39	0.8	0.26	-0.51	0.97	0.76	0.95	0.96	-0.84	0.97	0.98	0.54	0.05	0.97
Current Deferred Revenue	0.81	0.88	-0.2	-0.17	0.81	0.89		0.88	0.75	-0.54	0.72	0.83	0.48	0.64	-0.09	-0.21	0.9	0.91	0.85	0.82	-0.81	0.78	0.9	0.27	-0.02	0.9
Net Debt	0.95	1.0	0.11	0.04	0.92	0.98	0.88		0.91	-0.17	0.78	0.95	0.42	0.7	0.25	-0.43	0.92	0.76	0.98	0.93	-0.86	0.96	0.99	0.5	-0.06	0.92
Retained Earnings	0.99	0.92	0.38	0.37	0.99	0.93	0.75	0.91		0.06	0.83	0.8	0.27	0.79	0.51	-0.75	0.91	0.52	0.82	0.99	-0.7	0.96	0.89	0.73	0.29	0.91
Accounts Payable	0.02	-0.15	0.83	0.76	-0.02	-0.14	-0.54	-0.17	0.06		0.08	-0.17	-0.43	0.12	0.76	-0.49	-0.18	-0.61	-0.2	-0.03	0.25	0.07	-0.19	0.47	0.3	-0.18
Cash	0.87	0.83	0.33	0.35	0.85	0.86	0.72	0.78	0.83	0.08		0.79	0.19	0.99	0.35	-0.64	0.89	0.6	0.76	0.85	-0.65	0.86	0.78	0.62	0.19	0.89
Non Current Assets Total	0.87	0.95	0.07	-0.04	0.82	0.93	0.83	0.95	0.8	-0.17	0.79		0.48	0.7	0.19	-0.32	0.86	0.81	0.99	0.82	-0.86	0.91	0.95	0.43	-0.23	0.86
Non Currrent Assets Other	0.3	0.41	-0.48	-0.35	0.29	0.39	0.48	0.42	0.27	-0.43	0.19	0.48		0.14	-0.21	0.04	0.31	0.52	0.46	0.3	-0.38	0.3	0.41	-0.05	-0.25	0.31
Cash And Short Term Investments	0.81	0.74	0.37	0.43	0.81	0.8	0.64	0.7	0.79	0.12	0.99	0.7	0.14		0.37	-0.69	0.84	0.52	0.66	0.8	-0.53	0.8	0.7	0.64	0.3	0.84
Net Receivables	0.45	0.27	0.93	0.84	0.44	0.26	-0.09	0.25	0.51	0.76	0.35	0.19	-0.21	0.37		-0.76	0.21	-0.24	0.17	0.43	-0.05	0.46	0.24	0.89	0.51	0.21
Good Will	-0.67	-0.46	-0.71	-0.76	-0.7	-0.51	-0.21	-0.43	-0.75	-0.49	-0.64	-0.32	0.04	-0.69	-0.76		-0.53	0.07	-0.31	-0.67	0.18	-0.61	-0.4	-0.84	-0.6	-0.53
Common Stock Total Equity	0.95	0.94	0.15	0.17	0.95	0.97	0.9	0.92	0.91	-0.18	0.89	0.86	0.31	0.84	0.21	-0.53		0.75	0.87	0.95	-0.78	0.93	0.93	0.53	0.16	1.0
Common Stock Shares Outstanding	0.61	0.76	-0.33	-0.35	0.59	0.76	0.91	0.76	0.52	-0.61	0.6	0.81	0.52	0.52	-0.24	0.07	0.75		0.8	0.62	-0.77	0.63	0.79	0.12	-0.26	0.75
Non Current Liabilities Total	0.88	0.97	0.04	-0.09	0.84	0.95	0.85	0.98	0.82	-0.2	0.76	0.99	0.46	0.66	0.17	-0.31	0.87	0.8		0.85	-0.89	0.92	0.96	0.4	-0.25	0.87
Inventory	0.99	0.94	0.31	0.32	1.0	0.96	0.82	0.93	0.99	-0.03	0.85	0.82	0.3	0.8	0.43	-0.67	0.95	0.62	0.85		-0.73	0.96	0.93	0.68	0.27	0.95
Other Stockholder Equity	-0.76	-0.85	0.02	0.18	-0.73	-0.84	-0.81	-0.86	-0.7	0.25	-0.65	-0.86	-0.38	-0.53	-0.05	0.18	-0.78	-0.77	-0.89	-0.73		-0.78	-0.84	-0.3	0.31	-0.78
Total Liab	0.99	0.97	0.35	0.29	0.96	0.97	0.78	0.96	0.96	0.07	0.86	0.91	0.3	0.8	0.46	-0.61	0.93	0.63	0.92	0.96	-0.78		0.96	0.66	0.11	0.93
Property Plant And Equipment Gross	0.94	0.99	0.11	0.07	0.92	0.98	0.9	0.99	0.89	-0.19	0.78	0.95	0.41	0.7	0.24	-0.4	0.93	0.79	0.96	0.93	-0.84	0.96		0.5	-0.01	0.93
Total Current Assets	0.69	0.52	0.82	0.77	0.69	0.54	0.27	0.5	0.73	0.47	0.62	0.43	-0.05	0.64	0.89	-0.84	0.53	0.12	0.4	0.68	-0.3	0.66	0.5		0.56	0.53
Short Term Debt	0.2	-0.03	0.52	0.81	0.28	0.05	-0.02	-0.06	0.29	0.3	0.19	-0.23	-0.25	0.3	0.51	-0.6	0.16	-0.26	-0.25	0.27	0.31	0.11	-0.01	0.56		0.16
Common Stock	0.95	0.94	0.15	0.17	0.95	0.97	0.9	0.92	0.91	-0.18	0.89	0.86	0.31	0.84	0.21	-0.53	1.0	0.75	0.87	0.95	-0.78	0.93	0.93	0.53	0.16

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Harvey Norman Account Relationship Matchups

Harvey Norman fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8B	6.7B	7.2B	7.7B	7.9B	8.3B
Short Long Term Debt Total	1.5B	1.7B	1.9B	2.2B	2.3B	2.4B
Other Current Liab	102.1M	122.9M	136.4M	127.5M	125.4M	94.8M
Total Current Liabilities	785.4M	1.1B	989.8M	738.7M	796.2M	701.7M
Total Stockholder Equity	3.4B	3.9B	4.3B	4.4B	4.5B	4.7B
Property Plant And Equipment Net	1.2B	1.2B	1.3B	1.4B	1.5B	1.5B
Current Deferred Revenue	96.1M	108.8M	126.2M	121M	118.7M	124.6M
Net Debt	1.2B	1.5B	1.7B	2.0B	2.0B	2.1B
Retained Earnings	2.5B	2.9B	3.3B	3.4B	3.5B	3.7B
Accounts Payable	283.8M	270.0M	259.0M	262.5M	291.0M	370.5M
Cash	313.2M	264.4M	248.8M	218.8M	273.5M	287.1M
Non Current Assets Total	4.5B	4.9B	5.3B	5.8B	6.1B	6.4B
Non Currrent Assets Other	49.3M	72.6M	53.5M	87.5M	82.2M	86.4M
Cash And Short Term Investments	343.4M	305.7M	248.8M	218.8M	273.5M	287.1M
Net Receivables	511.6M	889.3M	1.1B	993.1M	941.4M	720.0M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Liabilities And Stockholders Equity	5.8B	6.7B	7.2B	7.7B	7.9B	8.3B
Non Current Liabilities Total	1.6B	1.6B	2.0B	2.5B	2.6B	2.7B
Inventory	392.0M	479.1M	524.3M	545.7M	558.1M	586.0M
Total Liab	2.4B	2.8B	3.0B	3.2B	3.4B	3.6B
Property Plant And Equipment Gross	1.2B	1.8B	1.8B	2.0B	2.1B	2.2B
Total Current Assets	1.3B	1.7B	1.9B	1.8B	1.8B	1.1B
Accumulated Other Comprehensive Income	216.8M	267.4M	288.2M	298.9M	290.5M	305.1M
Short Term Debt	233.1M	495.4M	400.3M	218.1M	236.5M	199.3M
Other Current Assets	51.3M	67.9M	119.0M	116.5M	85.0M	89.3M
Intangible Assets	63.0M	63.7M	58.4M	57.4M	74.1M	46.9M
Short Term Investments	30.2M	41.3M	(3.9B)	(4.2B)	(3.8B)	(3.6B)
Other Liab	328.0M	391.6M	458.6M	505.7M	581.5M	610.6M
Other Assets	2.6B	3.0B	3.3B	5.1M	5.8M	5.6M
Property Plant Equipment	1.8B	1.9B	1.9B	2.1B	2.5B	2.6B
Net Tangible Assets	3.4B	3.8B	4.2B	4.4B	5.0B	3.5B
Long Term Investments	3.2B	3.6B	4.0B	4.3B	4.5B	2.9B
Short Long Term Debt	102.8M	360.0M	261.0M	67.0M	84.3M	80.1M
Long Term Debt Total	1.2B	1.2B	1.5B	2.0B	2.3B	2.4B
Capital Lease Obligations	1.2B	1.2B	1.2B	1.3B	1.3B	762.6M

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