Howden Investments vs Net Income Analysis

HWDN Stock   816.00  5.00  0.61%   
Howden Joinery financial indicator trend analysis is much more than just examining Howden Joinery Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Howden Joinery Group is a good investment. Please check the relationship between Howden Joinery Investments and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howden Joinery Group. 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.

Investments vs Net Income

Investments vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Howden Joinery Group Investments account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Howden Joinery's Investments and Net Income is -0.75. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income in the same time period over historical financial statements of Howden Joinery Group, assuming nothing else is changed. The correlation between historical values of Howden Joinery's Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Howden Joinery Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., Howden Joinery's Investments and Net Income go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Howden Joinery Group financial statement analysis. It represents the amount of money remaining after all of Howden Joinery Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Howden Joinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Howden Joinery Group 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 Howden Joinery Group. 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 this time, Howden Joinery's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 680 K in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B1.4B770.4M
Total Revenue2.1B2.3B2.3B1.2B

Howden Joinery fundamental ratios Correlations

0.720.750.890.960.980.860.950.860.790.990.40.770.2-0.710.940.96-0.180.120.970.940.960.53-0.85-0.16-0.31
0.720.70.670.820.650.410.860.630.70.63-0.170.660.33-0.580.510.810.2-0.470.590.60.820.61-0.65-0.16-0.3
0.750.70.820.830.630.360.840.810.90.650.260.90.08-0.610.560.69-0.12-0.30.640.530.870.52-0.66-0.32-0.6
0.890.670.820.850.850.720.850.990.780.860.370.760.19-0.870.830.84-0.15-0.070.880.760.890.5-0.91-0.2-0.44
0.960.820.830.850.910.731.00.810.830.910.280.810.19-0.680.810.96-0.170.00.880.880.980.62-0.82-0.23-0.42
0.980.650.630.850.910.940.90.820.691.00.440.670.18-0.690.960.94-0.190.230.990.980.90.48-0.85-0.13-0.23
0.860.410.360.720.730.940.690.680.420.930.520.410.11-0.610.940.82-0.230.450.930.940.690.3-0.77-0.06-0.08
0.950.860.840.851.00.90.690.810.840.90.230.820.21-0.690.790.96-0.11-0.070.860.860.990.62-0.82-0.23-0.42
0.860.630.810.990.810.820.680.810.80.830.380.80.21-0.860.810.77-0.16-0.080.850.720.860.49-0.87-0.18-0.44
0.790.70.90.780.830.690.420.840.80.710.270.990.18-0.530.680.68-0.14-0.250.720.590.890.51-0.57-0.22-0.45
0.990.630.650.860.911.00.930.90.830.710.480.690.17-0.70.970.93-0.20.230.990.970.90.45-0.85-0.13-0.23
0.4-0.170.260.370.280.440.520.230.380.270.480.29-0.21-0.310.540.23-0.480.540.490.420.27-0.24-0.34-0.16-0.1
0.770.660.90.760.810.670.410.820.80.990.690.290.2-0.50.660.65-0.18-0.210.70.570.870.56-0.55-0.18-0.44
0.20.330.080.190.190.180.110.210.210.180.17-0.210.2-0.250.190.240.19-0.140.190.10.220.49-0.20.820.57
-0.71-0.58-0.61-0.87-0.68-0.69-0.61-0.69-0.86-0.53-0.7-0.31-0.5-0.25-0.66-0.710.090.07-0.69-0.63-0.69-0.310.950.140.37
0.940.510.560.830.810.960.940.790.810.680.970.540.660.19-0.660.84-0.190.270.990.920.820.36-0.78-0.04-0.12
0.960.810.690.840.960.940.820.960.770.680.930.230.650.24-0.710.84-0.070.060.90.930.930.6-0.87-0.15-0.29
-0.180.2-0.12-0.15-0.17-0.19-0.23-0.11-0.16-0.14-0.2-0.48-0.180.190.09-0.19-0.07-0.5-0.18-0.21-0.140.030.130.240.33
0.12-0.47-0.3-0.070.00.230.45-0.07-0.08-0.250.230.54-0.21-0.140.070.270.06-0.50.210.33-0.09-0.08-0.050.080.15
0.970.590.640.880.880.990.930.860.850.720.990.490.70.19-0.690.990.9-0.180.210.940.880.43-0.83-0.09-0.19
0.940.60.530.760.880.980.940.860.720.590.970.420.570.1-0.630.920.93-0.210.330.940.840.43-0.81-0.17-0.23
0.960.820.870.890.980.90.690.990.860.890.90.270.870.22-0.690.820.93-0.14-0.090.880.840.62-0.82-0.21-0.42
0.530.610.520.50.620.480.30.620.490.510.45-0.240.560.49-0.310.360.60.03-0.080.430.430.62-0.430.25-0.18
-0.85-0.65-0.66-0.91-0.82-0.85-0.77-0.82-0.87-0.57-0.85-0.34-0.55-0.20.95-0.78-0.870.13-0.05-0.83-0.81-0.82-0.430.180.38
-0.16-0.16-0.32-0.2-0.23-0.13-0.06-0.23-0.18-0.22-0.13-0.16-0.180.820.14-0.04-0.150.240.08-0.09-0.17-0.210.250.180.81
-0.31-0.3-0.6-0.44-0.42-0.23-0.08-0.42-0.44-0.45-0.23-0.1-0.440.570.37-0.12-0.290.330.15-0.19-0.23-0.42-0.180.380.81
Click cells to compare fundamentals

Howden Joinery Account Relationship Matchups

Howden Joinery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets944M1.7B2.1B2.0B2.1B2.2B
Other Current Liab145M139.4M205.9M164.5M137.8M126.3M
Total Current Liabilities261.7M392.6M468.1M541.2M468M282.9M
Total Stockholder Equity615.2M720.8M991.5M871.7M978.4M1.0B
Property Plant And Equipment Net212.4M793M851.6M1.0B1.1B1.2B
Net Debt(267.4M)149.8M75.9M357.3M401.7M421.8M
Retained Earnings498.1M599.8M860M732.8M833.1M874.8M
Accounts Payable96.4M161M178.8M189.5M174.5M96.1M
Cash267.4M430.7M515.3M308M282.8M296.9M
Non Current Assets Total251.7M834.9M1.0B1.1B1.2B1.2B
Cash And Short Term Investments267.4M430.7M515.3M308M282.8M296.9M
Common Stock Total Equity62.8M61.5M60.5M60.3M69.3M60.5M
Common Stock Shares Outstanding599.9M595M593.3M570.7M550.2M634.1M
Liabilities And Stockholders Equity944M1.7B2.1B2.0B2.1B2.2B
Non Current Liabilities Total67.1M573.8M591.8M619.8M618.1M649.0M
Inventory231.8M255M301.6M373.3M382.8M401.9M
Other Current Assets42.1M29M34.3M55.2M29.2M50.4M
Other Stockholder Equity45.8M56.6M59.3M60.4M62M94.4M
Total Liab328.8M966.4M1.1B1.2B1.1B1.1B
Property Plant And Equipment Gross212.4M793M851.6M1.0B1.4B1.5B
Total Current Assets692.3M852.3M1.0B946.9M899.8M944.8M
Common Stock60.5M60.3M59.8M56.1M55.4M60.7M
Accumulated Other Comprehensive Income4.7M4.9M5.4M20.8M26.4M27.7M
Net Receivables151M137.6M171.5M210.4M205M115.3M
Intangible Assets24.9M24.3M22.6M35.9M31.1M32.7M
Net Invested Capital615.2M720.8M991.5M871.7M978.4M817.0M
Net Working Capital430.6M459.7M554.6M405.7M431.8M475.7M
Capital Stock60.5M60.3M59.8M56.1M55.4M47.1M

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When running Howden Joinery's price analysis, check to measure Howden Joinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Howden Joinery is operating at the current time. Most of Howden Joinery's value examination focuses on studying past and present price action to predict the probability of Howden Joinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Howden Joinery's price. Additionally, you may evaluate how the addition of Howden Joinery to your portfolios can decrease your overall portfolio volatility.