Hooker Short Long Term Debt Total vs Inventory Analysis

HOFT Stock

USD 18.71 0.11 0.59%

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 Short Long Term Debt Total and its Inventory 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.

Short Long Term Debt Total vs Inventory

Short Long Term Debt Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hooker Furniture Short Long Term Debt Total account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hooker Furniture's Short Long Term Debt Total and Inventory is 0.44. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Inventory 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 Short Long Term Debt Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Hooker Furniture are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Long Term Debt Total i.e., Hooker Furniture's Short Long Term Debt Total and Inventory go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt Total

Inventory

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 Expense	110K	519K	1.6M	1.3M
Depreciation And Amortization	8.2M	8.8M	9.0M	6.2M

Interest Expense Depreciation And Amortization

Hooker Furniture fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.53	0.78	0.93	0.97	0.66	0.6	0.95	0.81	0.27	0.95	0.23	0.27	0.89	0.89	-0.02	0.79	0.91	0.69	0.95	0.45	0.95	0.98	0.43	0.59	0.67
Short Long Term Debt Total	0.53		0.33	0.3	0.49	0.61	0.48	0.46	0.05	0.16	0.67	0.44	0.16	0.19	0.46	-0.38	0.56	0.44	0.66	0.54	0.42	0.34	0.55	-0.25	0.48	0.03
Other Current Liab	0.78	0.33		0.88	0.66	0.39	0.68	0.62	0.75	-0.07	0.72	0.19	-0.07	0.81	0.67	0.12	0.74	0.81	0.55	0.88	0.26	0.75	0.72	0.65	0.43	0.84
Total Current Liabilities	0.93	0.3	0.88		0.89	0.44	0.53	0.86	0.95	0.21	0.8	0.09	0.21	0.97	0.81	0.06	0.7	0.89	0.61	0.92	0.26	0.96	0.91	0.62	0.46	0.81
Total Stockholder Equity	0.97	0.49	0.66	0.89		0.6	0.46	0.99	0.81	0.38	0.88	0.16	0.38	0.87	0.88	-0.13	0.67	0.87	0.68	0.85	0.39	0.96	0.98	0.31	0.55	0.53
Property Plant And Equipment Net	0.66	0.61	0.39	0.44	0.6		0.61	0.57	0.18	0.22	0.82	0.62	0.22	0.31	0.64	0.15	0.76	0.48	0.46	0.69	0.78	0.44	0.64	0.02	0.64	0.3
Net Debt	0.6	0.48	0.68	0.53	0.46	0.61		0.44	0.3	-0.46	0.74	0.48	-0.46	0.49	0.61	0.14	0.88	0.7	0.53	0.75	0.62	0.41	0.51	0.38	0.55	0.62
Retained Earnings	0.95	0.46	0.62	0.86	0.99	0.57	0.44		0.8	0.38	0.85	0.15	0.38	0.87	0.87	-0.16	0.66	0.87	0.65	0.82	0.4	0.95	0.95	0.28	0.54	0.5
Accounts Payable	0.81	0.05	0.75	0.95	0.81	0.18	0.3	0.8		0.24	0.6	-0.12	0.24	0.97	0.69	0.04	0.46	0.79	0.5	0.74	0.05	0.93	0.8	0.63	0.29	0.74
Cash	0.27	0.16	-0.07	0.21	0.38	0.22	-0.46	0.38	0.24		0.15	0.1	1.0	0.12	0.3	-0.32	-0.01	-0.07	0.03	0.11	0.12	0.36	0.36	-0.16	0.26	-0.12
Non Current Assets Total	0.95	0.67	0.72	0.8	0.88	0.82	0.74	0.85	0.6	0.15		0.41	0.15	0.73	0.85	0.03	0.87	0.83	0.7	0.95	0.61	0.79	0.92	0.34	0.65	0.61
Non Currrent Assets Other	0.23	0.44	0.19	0.09	0.16	0.62	0.48	0.15	-0.12	0.1	0.41		0.1	-0.06	0.5	-0.29	0.62	0.08	0.37	0.31	0.85	0.04	0.22	-0.27	0.76	0.02
Cash And Short Term Investments	0.27	0.16	-0.07	0.21	0.38	0.22	-0.46	0.38	0.24	1.0	0.15	0.1		0.12	0.3	-0.32	-0.01	-0.07	0.03	0.11	0.12	0.36	0.36	-0.16	0.26	-0.12
Net Receivables	0.89	0.19	0.81	0.97	0.87	0.31	0.49	0.87	0.97	0.12	0.73	-0.06	0.12		0.76	0.07	0.61	0.9	0.56	0.84	0.16	0.95	0.86	0.64	0.35	0.79
Common Stock Total Equity	0.89	0.46	0.67	0.81	0.88	0.64	0.61	0.87	0.69	0.3	0.85	0.5	0.3	0.76		-0.29	0.85	0.77	0.69	0.83	0.71	0.83	0.88	0.26	0.82	0.55
Common Stock Shares Outstanding	-0.02	-0.38	0.12	0.06	-0.13	0.15	0.14	-0.16	0.04	-0.32	0.03	-0.29	-0.32	0.07	-0.29		-0.03	-0.01	-0.4	0.12	-0.19	-0.07	-0.09	0.58	-0.39	0.45
Non Current Liabilities Total	0.79	0.56	0.74	0.7	0.67	0.76	0.88	0.66	0.46	-0.01	0.87	0.62	-0.01	0.61	0.85	-0.03		0.73	0.57	0.88	0.79	0.63	0.72	0.37	0.77	0.66
Inventory	0.91	0.44	0.81	0.89	0.87	0.48	0.7	0.87	0.79	-0.07	0.83	0.08	-0.07	0.9	0.77	-0.01	0.73		0.71	0.87	0.3	0.88	0.86	0.44	0.45	0.66
Other Current Assets	0.69	0.66	0.55	0.61	0.68	0.46	0.53	0.65	0.5	0.03	0.7	0.37	0.03	0.56	0.69	-0.4	0.57	0.71		0.65	0.37	0.62	0.73	-0.08	0.52	0.26
Total Liab	0.95	0.54	0.88	0.92	0.85	0.69	0.75	0.82	0.74	0.11	0.95	0.31	0.11	0.84	0.83	0.12	0.88	0.87	0.65		0.49	0.85	0.91	0.55	0.59	0.8
Property Plant And Equipment Gross	0.45	0.42	0.26	0.26	0.39	0.78	0.62	0.4	0.05	0.12	0.61	0.85	0.12	0.16	0.71	-0.19	0.79	0.3	0.37	0.49		0.25	0.42	-0.06	0.84	0.2
Total Current Assets	0.95	0.34	0.75	0.96	0.96	0.44	0.41	0.95	0.93	0.36	0.79	0.04	0.36	0.95	0.83	-0.07	0.63	0.88	0.62	0.85	0.25		0.94	0.47	0.47	0.66
Common Stock	0.98	0.55	0.72	0.91	0.98	0.64	0.51	0.95	0.8	0.36	0.92	0.22	0.36	0.86	0.88	-0.09	0.72	0.86	0.73	0.91	0.42	0.94		0.35	0.58	0.6
Other Liab	0.43	-0.25	0.65	0.62	0.31	0.02	0.38	0.28	0.63	-0.16	0.34	-0.27	-0.16	0.64	0.26	0.58	0.37	0.44	-0.08	0.55	-0.06	0.47	0.35		-0.03	0.91
Other Assets	0.59	0.48	0.43	0.46	0.55	0.64	0.55	0.54	0.29	0.26	0.65	0.76	0.26	0.35	0.82	-0.39	0.77	0.45	0.52	0.59	0.84	0.47	0.58	-0.03		0.28
Long Term Debt	0.67	0.03	0.84	0.81	0.53	0.3	0.62	0.5	0.74	-0.12	0.61	0.02	-0.12	0.79	0.55	0.45	0.66	0.66	0.26	0.8	0.2	0.66	0.6	0.91	0.28

Click cells to compare fundamentals

Hooker Furniture Account Relationship Matchups

Hooker Furniture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	393.7M	352.3M	374.6M	381.7M	343.6M	241.7M
Short Long Term Debt Total	70.2M	36.1M	54.0M	95.3M	76.3M	38.2M
Other Current Liab	9.1M	11.0M	11.4M	16.7M	10.7M	10.4M
Total Current Liabilities	50.1M	54.1M	56.9M	50.0M	41.4M	32.9M
Total Stockholder Equity	274.1M	257.5M	261.1M	236.0M	226.0M	175.2M
Property Plant And Equipment Net	69.4M	61.4M	79.9M	96.0M	79.9M	45.6M
Net Debt	34.2M	(29.8M)	(15.3M)	76.3M	33.1M	34.7M
Retained Earnings	223.3M	205.0M	207.9M	184.4M	175.7M	155.3M
Accounts Payable	25.5M	32.2M	30.9M	16.1M	16.5M	16.6M
Cash	36.0M	65.8M	69.4M	19.0M	43.2M	29.0M
Non Current Assets Total	171.7M	128.6M	146.8M	194.4M	178.8M	90.0M
Non Currrent Assets Other	1.1M	893K	31.0M	37.2M	43.2M	45.3M
Cash And Short Term Investments	36.0M	65.8M	69.4M	19.0M	43.2M	29.0M
Net Receivables	88.4M	83.3M	78.1M	65.2M	54.3M	52.6M
Common Stock Total Equity	51.6M	53.3M	53.3M	50.8M	58.4M	61.3M
Common Stock Shares Outstanding	11.8M	11.8M	12.0M	11.6M	10.8M	9.6M
Liabilities And Stockholders Equity	393.7M	352.3M	374.6M	381.7M	343.6M	241.7M
Non Current Liabilities Total	69.5M	40.7M	56.5M	95.7M	76.2M	80.0M
Inventory	92.8M	70.2M	75.0M	96.7M	61.8M	65.2M
Other Current Assets	4.7M	4.4M	5.2M	6.4M	5.5M	4.5M
Total Liab	119.6M	94.8M	113.4M	145.7M	117.6M	66.5M
Property Plant And Equipment Gross	69.4M	61.4M	79.9M	96.0M	127.6M	134.0M
Total Current Assets	222.0M	223.7M	227.7M	187.3M	164.8M	151.6M
Common Stock	51.6M	53.3M	53.3M	50.8M	49.5M	25.4M
Other Liab	11.4M	11.2M	9.9M	9.0M	10.4M	9.3M
Other Assets	28.9M	40.4M	42.6M	51.7M	59.5M	62.5M
Long Term Debt	45.8M	29.6M	24.3M	22.9M	21.5M	17.0M
Other Stockholder Equity	287K	(808K)	53.9M	50.8M	58.4M	61.3M
Short Term Debt	12.1M	6.7M	7.5M	8.7M	8.4M	5.3M
Property Plant Equipment	29.9M	26.8M	28.1M	27.0M	24.3M	24.9M
Accumulated Other Comprehensive Income	(713K)	(808K)	(51K)	865K	734K	770.7K
Intangible Assets	33.4M	26.2M	23.9M	31.8M	28.6M	15.4M
Net Tangible Assets	200.7M	230.8M	236.8M	189.3M	217.7M	182.3M
Retained Earnings Total Equity	223.3M	205.0M	207.9M	184.4M	212.0M	164.7M
Deferred Long Term Liab	11.4M	11.2M	9.9M	8.2M	9.4M	9.4M
Current Deferred Revenue	3.4M	4.3M	7.1M	8.5M	5.9M	4.4M
Non Current Liabilities Other	33.8M	29.4M	46.6M	87.5M	889K	844.6K
Short Long Term Debt	7.5M	5.8M	5.8M	1.4M	1.3M	1.2M

Pair Trading with Hooker Furniture

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 Hooker Furniture 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 Hooker Furniture will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hooker Stock

0.71

Brunswick

Pair Corr

Moving against Hooker Stock

0.71	WING	Wingstop	Pair Corr
0.69	CDROW	Codere Online Luxembourg	Pair Corr
0.66	BH	Biglari Holdings	Pair Corr
0.66	GM	General Motors Aggressive Push	Pair Corr
0.54	EM	Smart Share Global	Pair Corr

The ability to find closely correlated positions to Hooker Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hooker Furniture 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 Hooker Furniture - 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 Hooker Furniture to buy it.

The correlation of Hooker Furniture 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 Hooker Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hooker Furniture 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 Hooker Furniture 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 Correlation Correlation Matching

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:

How To Invest In Hooker

Details

Is Hooker Stock a good investment?

Details

What is Hooker Furniture's Net Worth?

Details

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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Hooker Stock analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Hooker Short Long Term Debt Total vs Inventory Analysis

Short Long Term Debt Total vs Inventory

Short Long Term Debt Total vs Inventory Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Inventory

Hooker Furniture fundamental ratios Correlations

Hooker Furniture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hooker Furniture fundamental ratios Accounts

Pair Trading with Hooker Furniture

Moving together with Hooker Stock

Moving against Hooker Stock

Complementary Tools for Hooker Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.98	Total Assets
Common Stock	+ 0.98	Total Stockholder Equity
Total Stockholder Equity	+ 0.97	Total Assets
Net Receivables	+ 0.97	Total Current Liabilities

Cash And Short Term Investments	- 0.46	Net Debt
Cash	- 0.46	Net Debt
Other Current Assets	- 0.4	Common Stock Shares Outstanding
Other Assets	- 0.39	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.38	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.32	Cash And Short Term Investments