Hooker Non Operating Income Net Other vs Ebit Analysis

HOFT Stock  USD 17.39  0.39  2.29%   
Hooker Furniture financial indicator trend analysis is much more than just examining Hooker Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hooker Furniture is a good investment. Please check the relationship between Hooker Furniture Non Operating Income Net Other and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hooker Furniture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.

Non Operating Income Net Other vs Ebit

Non Operating Income Net Other vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hooker Furniture Non Operating Income Net Other account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hooker Furniture's Non Operating Income Net Other and Ebit is 0.56. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Ebit in the same time period over historical financial statements of Hooker Furniture, assuming nothing else is changed. The correlation between historical values of Hooker Furniture's Non Operating Income Net Other and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Hooker Furniture are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Non Operating Income Net Other i.e., Hooker Furniture's Non Operating Income Net Other and Ebit go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Operating Income Net Other

Ebit

Most indicators from Hooker Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hooker 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 Hooker Furniture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.At this time, Hooker Furniture's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.14 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense110K519K1.6M1.3M
Depreciation And Amortization8.2M8.8M9.0M6.2M

Hooker Furniture fundamental ratios Correlations

0.530.780.930.970.660.60.950.810.270.950.230.270.890.89-0.020.790.910.690.950.450.950.980.430.590.67
0.530.330.30.490.610.480.460.050.160.670.440.160.190.46-0.380.560.440.660.540.420.340.55-0.250.480.03
0.780.330.880.660.390.680.620.75-0.070.720.19-0.070.810.670.120.740.810.550.880.260.750.720.650.430.84
0.930.30.880.890.440.530.860.950.210.80.090.210.970.810.060.70.890.610.920.260.960.910.620.460.81
0.970.490.660.890.60.460.990.810.380.880.160.380.870.88-0.130.670.870.680.850.390.960.980.310.550.53
0.660.610.390.440.60.610.570.180.220.820.620.220.310.640.150.760.480.460.690.780.440.640.020.640.3
0.60.480.680.530.460.610.440.3-0.460.740.48-0.460.490.610.140.880.70.530.750.620.410.510.380.550.62
0.950.460.620.860.990.570.440.80.380.850.150.380.870.87-0.160.660.870.650.820.40.950.950.280.540.5
0.810.050.750.950.810.180.30.80.240.6-0.120.240.970.690.040.460.790.50.740.050.930.80.630.290.74
0.270.16-0.070.210.380.22-0.460.380.240.150.11.00.120.3-0.32-0.01-0.070.030.110.120.360.36-0.160.26-0.12
0.950.670.720.80.880.820.740.850.60.150.410.150.730.850.030.870.830.70.950.610.790.920.340.650.61
0.230.440.190.090.160.620.480.15-0.120.10.410.1-0.060.5-0.290.620.080.370.310.850.040.22-0.270.760.02
0.270.16-0.070.210.380.22-0.460.380.241.00.150.10.120.3-0.32-0.01-0.070.030.110.120.360.36-0.160.26-0.12
0.890.190.810.970.870.310.490.870.970.120.73-0.060.120.760.070.610.90.560.840.160.950.860.640.350.79
0.890.460.670.810.880.640.610.870.690.30.850.50.30.76-0.290.850.770.690.830.710.830.880.260.820.55
-0.02-0.380.120.06-0.130.150.14-0.160.04-0.320.03-0.29-0.320.07-0.29-0.03-0.01-0.40.12-0.19-0.07-0.090.58-0.390.45
0.790.560.740.70.670.760.880.660.46-0.010.870.62-0.010.610.85-0.030.730.570.880.790.630.720.370.770.66
0.910.440.810.890.870.480.70.870.79-0.070.830.08-0.070.90.77-0.010.730.710.870.30.880.860.440.450.66
0.690.660.550.610.680.460.530.650.50.030.70.370.030.560.69-0.40.570.710.650.370.620.73-0.080.520.26
0.950.540.880.920.850.690.750.820.740.110.950.310.110.840.830.120.880.870.650.490.850.910.550.590.8
0.450.420.260.260.390.780.620.40.050.120.610.850.120.160.71-0.190.790.30.370.490.250.42-0.060.840.2
0.950.340.750.960.960.440.410.950.930.360.790.040.360.950.83-0.070.630.880.620.850.250.940.470.470.66
0.980.550.720.910.980.640.510.950.80.360.920.220.360.860.88-0.090.720.860.730.910.420.940.350.580.6
0.43-0.250.650.620.310.020.380.280.63-0.160.34-0.27-0.160.640.260.580.370.44-0.080.55-0.060.470.35-0.030.91
0.590.480.430.460.550.640.550.540.290.260.650.760.260.350.82-0.390.770.450.520.590.840.470.58-0.030.28
0.670.030.840.810.530.30.620.50.74-0.120.610.02-0.120.790.550.450.660.660.260.80.20.660.60.910.28
Click cells to compare fundamentals

Hooker Furniture Account Relationship Matchups

Hooker Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.7M352.3M374.6M381.7M343.6M241.7M
Short Long Term Debt Total70.2M36.1M54.0M95.3M76.3M38.2M
Other Current Liab9.1M11.0M11.4M16.7M10.7M10.4M
Total Current Liabilities50.1M54.1M56.9M50.0M41.4M32.9M
Total Stockholder Equity274.1M257.5M261.1M236.0M226.0M175.2M
Property Plant And Equipment Net69.4M61.4M79.9M96.0M79.9M45.6M
Net Debt34.2M(29.8M)(15.3M)76.3M33.1M34.7M
Retained Earnings223.3M205.0M207.9M184.4M175.7M155.3M
Accounts Payable25.5M32.2M30.9M16.1M16.5M16.6M
Cash36.0M65.8M69.4M19.0M43.2M29.0M
Non Current Assets Total171.7M128.6M146.8M194.4M178.8M90.0M
Non Currrent Assets Other1.1M893K31.0M37.2M43.2M45.3M
Cash And Short Term Investments36.0M65.8M69.4M19.0M43.2M29.0M
Net Receivables88.4M83.3M78.1M65.2M54.3M52.6M
Common Stock Total Equity51.6M53.3M53.3M50.8M58.4M61.3M
Common Stock Shares Outstanding11.8M11.8M12.0M11.6M10.8M9.6M
Liabilities And Stockholders Equity393.7M352.3M374.6M381.7M343.6M241.7M
Non Current Liabilities Total69.5M40.7M56.5M95.7M76.2M80.0M
Inventory92.8M70.2M75.0M96.7M61.8M65.2M
Other Current Assets4.7M4.4M5.2M6.4M5.5M4.5M
Total Liab119.6M94.8M113.4M145.7M117.6M66.5M
Property Plant And Equipment Gross69.4M61.4M79.9M96.0M127.6M134.0M
Total Current Assets222.0M223.7M227.7M187.3M164.8M151.6M
Common Stock51.6M53.3M53.3M50.8M49.5M25.4M
Other Liab11.4M11.2M9.9M9.0M10.4M9.3M
Other Assets28.9M40.4M42.6M51.7M59.5M62.5M
Long Term Debt45.8M29.6M24.3M22.9M21.5M17.0M
Other Stockholder Equity287K(808K)53.9M50.8M58.4M61.3M
Short Term Debt12.1M6.7M7.5M8.7M8.4M5.2M
Property Plant Equipment29.9M26.8M28.1M27.0M24.3M24.9M
Accumulated Other Comprehensive Income(713K)(808K)(51K)865K734K770.7K
Intangible Assets33.4M26.2M23.9M31.8M28.6M15.4M
Net Tangible Assets200.7M230.8M236.8M189.3M217.7M182.3M
Retained Earnings Total Equity223.3M205.0M207.9M184.4M212.0M164.7M
Deferred Long Term Liab11.4M11.2M9.9M8.2M9.4M9.4M
Current Deferred Revenue3.4M4.3M7.1M8.5M5.9M4.4M
Non Current Liabilities Other33.8M29.4M46.6M87.5M889K844.6K
Short Long Term Debt7.5M5.8M5.8M1.4M1.3M1.2M

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When determining whether Hooker 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 Hooker 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 Hooker Furniture Stock. Highlighted below are key reports to facilitate an investment decision about Hooker Furniture Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hooker Furniture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.
Note that the Hooker Furniture information on this page should be used as a complementary analysis to other Hooker Furniture's 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Hooker Furniture's price analysis, check to measure Hooker Furniture'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 Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Hooker Furniture's 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 Hooker Furniture. If investors know Hooker 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 Hooker Furniture 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
0.575
Dividend Share
0.89
Earnings Share
0.91
Revenue Per Share
40.549
Quarterly Revenue Growth
(0.26)
The market value of Hooker Furniture is measured differently than its book value, which is the value of Hooker that is recorded on the company's balance sheet. Investors also form their own opinion of Hooker Furniture's value that differs from its market value or its book value, called intrinsic value, which is Hooker Furniture's 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 Hooker Furniture's market value can be influenced by many factors that don't directly affect Hooker Furniture's 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 Hooker Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hooker Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hooker 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.