Haverty Property Plant Equipment vs Net Receivables Analysis

HVT-A Stock  USD 24.11  0.00  0.00%   
Haverty Furniture financial indicator trend analysis is much more than just examining Haverty Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haverty Furniture is a good investment. Please check the relationship between Haverty Furniture Property Plant Equipment and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. 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.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haverty Furniture Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Haverty Furniture's Property Plant Equipment and Net Receivables is 0.01. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Haverty Furniture Companies, assuming nothing else is changed. The correlation between historical values of Haverty Furniture's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Haverty Furniture Companies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Haverty Furniture's Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Net Receivables

Most indicators from Haverty Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haverty Furniture 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 Haverty Furniture Companies. 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.
At present, Haverty Furniture's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.53, whereas Tax Provision is forecasted to decline to about 21.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit574.6M604.2M523.1M345.0M
Total Revenue1.0B1.0B862.1M664.2M

Haverty Furniture fundamental ratios Correlations

0.81-0.520.930.620.860.470.890.860.980.750.86-0.48-0.410.870.690.69-0.740.910.940.7-0.060.440.770.520.49
0.81-0.770.870.080.770.850.570.790.790.60.78-0.01-0.750.990.220.8-0.850.970.780.89-0.190.40.460.420.6
-0.52-0.77-0.60.1-0.68-0.7-0.36-0.71-0.43-0.5-0.69-0.080.59-0.730.01-0.940.89-0.69-0.61-0.950.63-0.24-0.4-0.54-0.8
0.930.87-0.60.340.780.510.670.920.860.640.92-0.21-0.480.910.490.7-0.720.970.950.75-0.020.60.610.290.42
0.620.080.10.340.5-0.230.830.340.650.540.36-0.880.240.170.880.16-0.220.240.510.050.050.090.750.50.16
0.860.77-0.680.780.50.580.730.820.830.680.82-0.58-0.240.790.620.85-0.90.80.840.84-0.510.520.90.70.81
0.470.85-0.70.51-0.230.580.270.40.490.30.390.17-0.750.8-0.030.68-0.760.70.370.77-0.340.20.210.420.62
0.890.57-0.360.670.830.730.270.610.920.750.62-0.65-0.310.630.790.55-0.630.670.760.49-0.030.110.770.660.41
0.860.79-0.710.920.340.820.40.610.750.711.0-0.28-0.330.820.420.79-0.760.880.960.82-0.270.580.70.360.57
0.980.79-0.430.860.650.830.490.920.750.730.75-0.52-0.440.840.690.61-0.70.870.850.630.00.350.740.560.46
0.750.6-0.50.640.540.680.30.750.710.730.69-0.44-0.320.620.480.58-0.640.640.710.58-0.150.150.660.530.46
0.860.78-0.690.920.360.820.390.621.00.750.69-0.3-0.310.810.440.78-0.740.870.970.81-0.260.60.70.350.56
-0.48-0.01-0.08-0.21-0.88-0.580.17-0.65-0.28-0.52-0.44-0.3-0.44-0.08-0.81-0.180.27-0.14-0.38-0.090.27-0.18-0.84-0.59-0.37
-0.41-0.750.59-0.480.24-0.24-0.75-0.31-0.33-0.44-0.32-0.31-0.44-0.730.2-0.470.52-0.64-0.32-0.55-0.10.150.11-0.21-0.23
0.870.99-0.730.910.170.790.80.630.820.840.620.81-0.08-0.730.30.79-0.840.980.820.86-0.150.40.50.430.57
0.690.220.010.490.880.62-0.030.790.420.690.480.44-0.810.20.30.28-0.370.390.610.180.050.330.820.410.18
0.690.8-0.940.70.160.850.680.550.790.610.580.78-0.18-0.470.790.28-0.960.770.760.97-0.640.350.640.650.86
-0.74-0.850.89-0.72-0.22-0.9-0.76-0.63-0.76-0.7-0.64-0.740.270.52-0.84-0.37-0.96-0.81-0.74-0.950.57-0.32-0.7-0.7-0.85
0.910.97-0.690.970.240.80.70.670.880.870.640.87-0.14-0.640.980.390.77-0.810.890.84-0.10.50.560.380.52
0.940.78-0.610.950.510.840.370.760.960.850.710.97-0.38-0.320.820.610.76-0.740.890.75-0.140.550.760.40.5
0.70.89-0.950.750.050.840.770.490.820.630.580.81-0.09-0.550.860.180.97-0.950.840.75-0.580.410.570.560.84
-0.06-0.190.63-0.020.05-0.51-0.34-0.03-0.270.0-0.15-0.260.27-0.1-0.150.05-0.640.57-0.1-0.14-0.58-0.16-0.45-0.64-0.88
0.440.4-0.240.60.090.520.20.110.580.350.150.6-0.180.150.40.330.35-0.320.50.550.41-0.160.45-0.050.26
0.770.46-0.40.610.750.90.210.770.70.740.660.7-0.840.110.50.820.64-0.70.560.760.57-0.450.450.670.66
0.520.42-0.540.290.50.70.420.660.360.560.530.35-0.59-0.210.430.410.65-0.70.380.40.56-0.64-0.050.670.83
0.490.6-0.80.420.160.810.620.410.570.460.460.56-0.37-0.230.570.180.86-0.850.520.50.84-0.880.260.660.83
Click cells to compare fundamentals

Haverty Furniture Account Relationship Matchups

Haverty Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets560.1M680.4M686.3M649.0M654.1M435.4M
Short Long Term Debt Total179.0M233.7M230.4M221.3M217.8M113.3M
Other Current Liab39.7M11.1M5.8M5.4M(2.4M)(2.2M)
Total Current Liabilities127.0M204.0M210.4M154.4M138.3M102.4M
Total Stockholder Equity260.5M253.0M256.0M289.4M308.4M224.8M
Property Plant And Equipment Net332.0M337.1M348.5M344.9M373.9M392.6M
Net Debt103.3M33.6M64.2M98.2M97.1M53.0M
Retained Earnings296.0M304.6M343.0M398.4M419.5M220.3M
Cash75.7M200.1M166.1M123.1M120.6M126.7M
Non Current Assets Total355.5M364.1M377.2M372.8M402.5M202.4M
Non Currrent Assets Other10.3M11.2M12.4M12.4M13.0M8.8M
Cash And Short Term Investments75.7M200.1M166.1M123.1M120.6M126.7M
Net Receivables1.5M16.3M19.1M16.5M1.00.95
Common Stock Shares Outstanding20.2M18.9M18.5M17.0M16.8M23.6M
Liabilities And Stockholders Equity560.1M680.4M686.3M649.0M654.1M435.4M
Non Current Liabilities Total172.6M223.4M219.9M205.2M207.5M108.3M
Inventory104.8M89.9M112.0M118.3M94.0M94.6M
Other Current Assets8.1M26.3M30.9M34.8M37.0M38.9M
Other Stockholder Equity(64.9M)(80.7M)(116.4M)(140.1M)(142.1M)(135.0M)
Total Liab299.6M427.4M430.3M359.7M345.8M210.7M
Total Current Assets204.5M316.2M309.1M276.3M251.6M233.1M
Accumulated Other Comprehensive Income(2.1M)(2.6M)(2.3M)(756K)(983K)(1.0M)
Short Term Debt29.4M66.9M67.2M68.9M74.7M78.4M
Accounts Payable27.8M31.4M31.2M23.3M18.8M30.4M
Common Stock31.5M31.6M31.7M31.8M32.0M32.8M
Common Stock Total Equity31.5M29.6M31.7M31.8M36.6M33.3M
Property Plant And Equipment Gross332.0M337.1M348.5M344.9M665.7M699.0M
Current Deferred Revenue30.1M86.2M98.9M48.0M35.8M33.2M
Other Liab23.0M23.2M23.2M18.4M16.5M19.7M
Net Tangible Assets260.5M253.0M256.0M289.4M260.5M222.5M
Other Assets23.5M27.0M28.8M27.9M32.1M27.3M
Property Plant Equipment332.0M337.1M348.5M137.5M158.1M279.8M
Capital Lease Obligations179.0M233.7M230.4M221.3M217.8M174.3M
Non Current Liabilities Other20.5M23.2M23.2M18.4M15.2M20.4M
Net Invested Capital260.5M253.0M256.0M289.4M308.4M304.2M
Net Working Capital77.5M112.2M98.7M121.8M113.3M119.1M

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When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. 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.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.