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 Total Revenue and its Short Term Debt 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.
Total Revenue vs Short Term Debt
Total Revenue vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Haverty Furniture Total Revenue account and
Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Haverty Furniture's Total Revenue and Short Term Debt is 0.4. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Short Term Debt 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 Total Revenue and Short 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 Total Revenue of Haverty Furniture Companies are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Revenue i.e., Haverty Furniture's Total Revenue and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Haverty Furniture generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Short Term Debt
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 Profit | 574.6M | 604.2M | 523.1M | 345.0M | Total Revenue | 1.0B | 1.0B | 862.1M | 664.2M |
Haverty Furniture fundamental ratios Correlations
Click cells to compare fundamentals
Haverty Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haverty Furniture fundamental ratios Accounts
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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.
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
Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.