Harte Total Liab vs Accounts Payable Analysis

HHS Stock  USD 7.46  0.24  3.32%   
Harte Hanks financial indicator trend analysis is much more than just examining Harte Hanks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harte Hanks is a good investment. Please check the relationship between Harte Hanks Total Liab and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harte Hanks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Harte Stock please use our How to Invest in Harte Hanks guide.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harte Hanks Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Harte Hanks' Total Liab and Accounts Payable is 0.42. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Harte Hanks, assuming nothing else is changed. The correlation between historical values of Harte Hanks' Total Liab and Accounts Payable 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 Liab of Harte Hanks are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Harte Hanks' Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Harte Hanks obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Harte Hanks are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Harte Hanks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harte Hanks 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 Harte Hanks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Harte Stock please use our How to Invest in Harte Hanks guide.At this time, Harte Hanks' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 12.1 M in 2024, despite the fact that Tax Provision is likely to grow to (17.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit144.3M140.6M29.7M28.2M
Total Revenue194.6M206.3M191.5M181.9M

Harte Hanks fundamental ratios Correlations

0.580.850.850.950.670.380.410.580.760.990.560.760.89-0.380.940.260.70.00.920.910.390.190.840.010.06
0.580.810.870.330.790.96-0.49-0.070.090.670.640.090.24-0.70.740.470.840.790.820.230.930.890.4-0.490.48
0.850.810.880.730.90.670.040.260.490.90.560.490.56-0.40.840.480.740.370.880.580.660.50.56-0.340.23
0.850.870.880.660.760.73-0.10.380.470.880.740.470.63-0.670.910.370.890.460.970.630.810.640.73-0.190.3
0.950.330.730.660.540.120.640.640.840.920.420.840.91-0.130.810.170.51-0.270.760.940.12-0.080.790.07-0.06
0.670.790.90.760.540.71-0.120.170.270.750.450.270.37-0.440.70.50.70.470.750.370.650.560.41-0.340.21
0.380.960.670.730.120.71-0.66-0.25-0.180.490.58-0.180.02-0.650.560.480.760.890.65-0.010.910.950.2-0.560.55
0.41-0.490.04-0.10.64-0.12-0.660.610.710.31-0.210.710.650.450.19-0.2-0.26-0.90.060.68-0.64-0.810.390.51-0.47
0.58-0.070.260.380.640.17-0.250.610.610.50.410.610.81-0.190.44-0.20.3-0.460.420.76-0.08-0.320.720.62-0.29
0.760.090.490.470.840.27-0.180.710.610.690.181.00.75-0.060.61-0.050.24-0.430.560.9-0.02-0.280.690.19-0.28
0.990.670.90.880.920.750.490.310.50.690.590.690.83-0.410.950.320.750.110.940.840.480.30.8-0.090.14
0.560.640.560.740.420.450.58-0.210.410.180.590.180.43-0.640.570.050.80.450.670.40.620.580.49-0.220.44
0.760.090.490.470.840.27-0.180.710.611.00.690.180.75-0.060.61-0.050.24-0.430.560.9-0.02-0.280.690.19-0.28
0.890.240.560.630.910.370.020.650.810.750.830.430.75-0.220.80.080.47-0.350.740.960.08-0.150.870.41-0.11
-0.38-0.7-0.4-0.67-0.13-0.44-0.650.45-0.19-0.06-0.41-0.64-0.06-0.22-0.570.03-0.72-0.64-0.63-0.21-0.71-0.69-0.420.0-0.14
0.940.740.840.910.810.70.560.190.440.610.950.570.610.8-0.570.310.750.20.980.80.560.390.80.020.12
0.260.470.480.370.170.50.48-0.2-0.2-0.050.320.05-0.050.080.030.310.230.370.340.060.440.40.06-0.370.19
0.70.840.740.890.510.70.76-0.260.30.240.750.80.240.47-0.720.750.230.580.830.430.750.720.66-0.280.28
0.00.790.370.46-0.270.470.89-0.9-0.46-0.430.110.45-0.43-0.35-0.640.20.370.580.33-0.360.850.97-0.12-0.620.47
0.920.820.880.970.760.750.650.060.420.560.940.670.560.74-0.630.980.340.830.330.740.690.510.79-0.080.21
0.910.230.580.630.940.37-0.010.680.760.90.840.40.90.96-0.210.80.060.43-0.360.740.08-0.170.850.32-0.17
0.390.930.660.810.120.650.91-0.64-0.08-0.020.480.62-0.020.08-0.710.560.440.750.850.690.080.930.29-0.450.5
0.190.890.50.64-0.080.560.95-0.81-0.32-0.280.30.58-0.28-0.15-0.690.390.40.720.970.51-0.170.930.1-0.590.57
0.840.40.560.730.790.410.20.390.720.690.80.490.690.87-0.420.80.060.66-0.120.790.850.290.10.29-0.02
0.01-0.49-0.34-0.190.07-0.34-0.560.510.620.19-0.09-0.220.190.410.00.02-0.37-0.28-0.62-0.080.32-0.45-0.590.29-0.56
0.060.480.230.3-0.060.210.55-0.47-0.29-0.280.140.44-0.28-0.11-0.140.120.190.280.470.21-0.170.50.57-0.02-0.56
Click cells to compare fundamentals

Harte Hanks Account Relationship Matchups

Harte Hanks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.2M119.5M107.9M120.0M131.1M124.5M
Short Long Term Debt Total39.4M55.1M30.8M22.3M28.5M27.1M
Other Current Liab6.8M8.2M9.3M9.5M16.9M16.1M
Total Current Liabilities45.5M47.2M42.4M43.6M48.1M45.7M
Total Stockholder Equity(40.0M)(43.4M)(15.0M)18.8M19.9M18.9M
Property Plant And Equipment Net27.1M30.6M29.9M29.7M34.3M58.0M
Net Debt11.3M25.7M18.9M12.0M10.1M9.6M
Retained Earnings797.8M796.1M811.1M846.5M844.9M821.3M
Accounts Payable16.9M16.3M16.1M22.5M23.2M32.7M
Cash28.1M29.4M11.9M10.4M18.4M17.4M
Non Current Assets Total30.9M33.3M32.5M53.7M65.9M62.6M
Non Currrent Assets Other(1.5M)(4.1M)(3.6M)1.7M758.0K720.1K
Cash And Short Term Investments28.1M29.4M11.9M10.4M18.4M17.4M
Net Receivables39.8M42.1M49.8M52.2M42.2M40.1M
Common Stock Shares Outstanding6.3M6.5M7.2M7.4M7.3M6.3M
Liabilities And Stockholders Equity110.2M119.5M107.9M120.0M131.1M124.5M
Non Current Liabilities Total104.6M115.7M80.4M57.6M63.1M60.0M
Inventory354K46K12.6M2.2M2.0M1.9M
Other Current Assets1.7M840K1.0M1.6M4.6M4.4M
Other Stockholder Equity(796.5M)(795.8M)(794.6M)(911.6M)(793.2M)(753.5M)
Total Liab150.2M162.9M122.9M101.2M111.2M105.7M
Total Current Assets79.3M86.2M75.4M66.3M65.2M62.0M
Short Term Debt7.6M11.6M6.6M5.7M4.8M4.6M
Accumulated Other Comprehensive Income(63.1M)(65.6M)(53.3M)(48.3M)(44.1M)(46.3M)
Common Stock12.1M12.1M12.1M12.2M11.0M10.4M
Other Liab72.9M72.2M56.2M41.0M47.2M63.5M
Other Assets3.8M2.6M2.6M24.0M1.00.95
Long Term Debt14.2M18.7M22.2M5M4.5M4.3M
Property Plant Equipment27.1M30.6M29.9M29.7M26.7M53.3M
Current Deferred Revenue14.2M11.2M10.4M5.8M3.2M3.0M
Net Tangible Assets(49.7M)(53.1M)(24.7M)18.8M21.6M22.7M
Property Plant And Equipment Gross132.9M30.6M29.9M29.7M26.7M25.4M

Pair Trading with Harte Hanks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harte Hanks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harte Hanks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Harte Stock

  0.62DLPN Dolphin EntertainmentPairCorr
  0.75DRCT Direct Digital HoldingsPairCorr

Moving against Harte Stock

  0.89WLYB John Wiley SonsPairCorr
  0.75MDIA Mediaco HoldingPairCorr
  0.72FOXA Fox Corp Class Fiscal Year End 13th of August 2024 PairCorr
  0.64CTV Innovid CorpPairCorr
  0.63SE Sea Buyout TrendPairCorr
The ability to find closely correlated positions to Harte Hanks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harte Hanks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harte Hanks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harte Hanks to buy it.
The correlation of Harte Hanks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harte Hanks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harte Hanks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harte Hanks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Harte Hanks is a strong investment it is important to analyze Harte Hanks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harte Hanks' future performance. For an informed investment choice regarding Harte Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harte Hanks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Harte Stock please use our How to Invest in Harte Hanks guide.
Note that the Harte Hanks information on this page should be used as a complementary analysis to other Harte Hanks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Harte Hanks' price analysis, check to measure Harte Hanks' 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 Harte Hanks is operating at the current time. Most of Harte Hanks' value examination focuses on studying past and present price action to predict the probability of Harte Hanks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harte Hanks' price. Additionally, you may evaluate how the addition of Harte Hanks to your portfolios can decrease your overall portfolio volatility.
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Is Harte Hanks' industry 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 Harte Hanks. If investors know Harte 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 Harte Hanks 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
(0.90)
Earnings Share
(0.21)
Revenue Per Share
26.196
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0291
The market value of Harte Hanks is measured differently than its book value, which is the value of Harte that is recorded on the company's balance sheet. Investors also form their own opinion of Harte Hanks' value that differs from its market value or its book value, called intrinsic value, which is Harte Hanks' 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 Harte Hanks' market value can be influenced by many factors that don't directly affect Harte Hanks' 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 Harte Hanks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Harte Hanks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harte Hanks' 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.