Hydrofarm Other Assets vs Other Stockholder Equity Analysis
HYFM Stock | USD 0.64 0.03 4.92% |
Hydrofarm Holdings financial indicator trend analysis is much more than just examining Hydrofarm Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hydrofarm Holdings is a good investment. Please check the relationship between Hydrofarm Holdings Other Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydrofarm Holdings 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 census.
Other Assets vs Other Stockholder Equity
Other Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hydrofarm Holdings Other Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Hydrofarm Holdings' Other Assets and Other Stockholder Equity is -0.8. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Hydrofarm Holdings Group, assuming nothing else is changed. The correlation between historical values of Hydrofarm Holdings' Other Assets and Other Stockholder Equity 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 Assets of Hydrofarm Holdings Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Hydrofarm Holdings' Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Assets
Other Stockholder Equity
Most indicators from Hydrofarm Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hydrofarm 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 Hydrofarm Holdings 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 census. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Tax Provision is likely to drop (223.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.5M | 29.3M | 37.6M | 51.9M | Total Revenue | 479.4M | 344.5M | 226.6M | 337.3M |
Hydrofarm Holdings fundamental ratios Correlations
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Hydrofarm Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hydrofarm Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 2.4M | 17.3M | 44.3M | 3.0M | 239K | 227.1K | |
Total Current Liabilities | 64.4M | 48.7M | 88.4M | 41.6M | 37.7M | 54.6M | |
Other Liab | 1.2M | 567K | 9.5M | 7.1M | 8.2M | 4.8M | |
Net Tangible Assets | (48.0M) | 158.5M | 115.5M | 49.5M | 56.9M | 49.8M | |
Retained Earnings | (146.7M) | (153.9M) | (140.5M) | (425.9M) | (490.7M) | (466.2M) | |
Accounts Payable | 17.2M | 22.6M | 26.7M | 13.6M | 12.6M | 15.2M | |
Other Assets | 1.2M | 15.7M | 6.5M | 1.8M | 1.7M | 1.6M | |
Net Receivables | 20.0M | 24.8M | 42.1M | 17.2M | 16.9M | 25.5M | |
Inventory | 50.2M | 88.6M | 189.1M | 111.4M | 75.4M | 101.5M | |
Other Current Assets | 1.8M | 11.3M | 11.5M | 5.0M | 5.5M | 5.9M | |
Other Stockholder Equity | 156.2M | 364.2M | 777.1M | 783.0M | 787.8M | 475.3M | |
Total Current Assets | 105.0M | 199.9M | 269.4M | 154.9M | 128.1M | 167.0M | |
Property Plant Equipment | 22.1M | 22.3M | 95.7M | 116.4M | 133.9M | 140.6M | |
Total Assets | 185.7M | 275.8M | 891.2M | 573.6M | 507.6M | 478.2M | |
Short Long Term Debt Total | 126.9M | 20.1M | 167.6M | 186.1M | 183.9M | 143.9M | |
Total Stockholder Equity | 31.2M | 210.9M | 635.2M | 349.9M | 290.6M | 287.0M | |
Property Plant And Equipment Net | 22.1M | 22.3M | 95.7M | 116.4M | 101.9M | 66.5M | |
Net Debt | 104.0M | (55.1M) | 141.0M | 164.8M | 153.6M | 106.5M | |
Cash | 22.9M | 75.2M | 26.6M | 21.3M | 30.3M | 27.2M | |
Non Current Assets Total | 80.7M | 75.9M | 621.9M | 418.6M | 379.6M | 302.6M | |
Non Currrent Assets Other | 1.2M | 1.2M | 6.5M | 1.8M | 1.8M | 2.5M | |
Long Term Debt | 73.1M | 290K | 119.5M | 118.7M | 115.4M | 93.0M | |
Cash And Short Term Investments | 22.9M | 75.2M | 26.6M | 21.3M | 30.3M | 27.2M | |
Common Stock Shares Outstanding | 33.0M | 33.5M | 43.0M | 45.0M | 45.5M | 40.9M | |
Liabilities And Stockholders Equity | 185.7M | 275.8M | 891.2M | 573.6M | 507.6M | 478.2M | |
Non Current Liabilities Total | 90.1M | 16.2M | 167.6M | 182.1M | 179.4M | 131.7M | |
Capital Lease Obligations | 19.0M | 19.0M | 45.8M | 65.4M | 65.5M | 39.4M | |
Total Liab | 154.5M | 64.9M | 256.1M | 223.7M | 217.0M | 191.2M | |
Net Invested Capital | 117.3M | 212.0M | 757.0M | 470.6M | 409.0M | 387.5M | |
Property Plant And Equipment Gross | 22.1M | 22.3M | 95.7M | 116.4M | 123.2M | 70.4M | |
Short Long Term Debt | 34.8M | 746K | 2.3M | 2.0M | 3.0M | 2.8M | |
Accumulated Other Comprehensive Income | (144K) | 599K | (1.4M) | (7.2M) | (6.5M) | (6.2M) | |
Capital Stock | 21.8M | 3K | 4K | 5K | 4.5K | 4.3K | |
Non Current Liabilities Other | 1.2M | 567K | 3.9M | 4.4M | 4.5M | 3.0M | |
Net Working Capital | 40.5M | 151.2M | 181.0M | 113.3M | 90.4M | 116.1M | |
Short Term Debt | 38.0M | 8.1M | 16.7M | 20.9M | 21.6M | 16.7M | |
Intangible Assets | 57.4M | 52.4M | 314.8M | 300.4M | 275.9M | 196.0M |
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hydrofarm Holdings. If investors know Hydrofarm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hydrofarm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.625 | Earnings Share (1.40) | Revenue Per Share 4.361 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' 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.