HNI Accounts Payable vs Cash and Equivalents Analysis
HNI Stock | USD 42.73 0.64 1.48% |
HNI Corp financial indicator trend analysis is much more than just examining HNI Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HNI Corp is a good investment. Please check the relationship between HNI Corp Accounts Payable and its Cash And Equivalents accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.
Accounts Payable vs Cash And Equivalents
Accounts Payable vs Cash and Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HNI Corp Accounts Payable account and Cash and Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HNI Corp's Accounts Payable and Cash and Equivalents is -0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of HNI Corp, assuming nothing else is changed. The correlation between historical values of HNI Corp's Accounts Payable and Cash and Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of HNI Corp are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Accounts Payable i.e., HNI Corp's Accounts Payable and Cash and Equivalents go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents HNI Corp 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 HNI Corp 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.Cash And Equivalents
Most indicators from HNI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HNI Corp 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 HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.As of now, HNI Corp's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 757.4M | 834.9M | 948.3M | 637.6M | Total Revenue | 2.2B | 2.4B | 2.4B | 1.8B |
HNI Corp fundamental ratios Correlations
Click cells to compare fundamentals
HNI Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HNI Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.4B | 1.5B | 1.4B | 1.9B | 1.0B | |
Short Long Term Debt Total | 257.8M | 254.7M | 274.5M | 300.7M | 578M | 606.9M | |
Other Current Liab | 1.9M | 3.0M | 3.9M | 173.2M | (28.4M) | (27.0M) | |
Total Current Liabilities | 478.7M | 439.0M | 506.4M | 395.1M | 463.7M | 310.5M | |
Total Stockholder Equity | 584.0M | 590.4M | 589.6M | 616.5M | 761.4M | 456.8M | |
Property Plant And Equipment Net | 456.5M | 442.3M | 459.8M | 452.5M | 682.6M | 716.7M | |
Net Debt | 205.8M | 138.6M | 222.3M | 283.3M | 549.1M | 576.6M | |
Retained Earnings | 529.7M | 518.0M | 514.6M | 534M | 523.6M | 395.8M | |
Cash | 52.1M | 116.1M | 52.3M | 17.4M | 28.9M | 53.7M | |
Non Current Assets Total | 923.7M | 922.3M | 974.4M | 945.5M | 1.4B | 1.5B | |
Non Currrent Assets Other | 7.9M | 7.1M | 43.1M | (20.1M) | 58.4M | 69.8M | |
Cash And Short Term Investments | 53.2M | 117.8M | 53.7M | 19.4M | 34.5M | 59.1M | |
Net Receivables | 274.6M | 202.5M | 237.1M | 215.2M | 243.6M | 194.9M | |
Common Stock Shares Outstanding | 43.5M | 43.0M | 44.0M | 42.2M | 45.4M | 44.8M | |
Liabilities And Stockholders Equity | 1.5B | 1.4B | 1.5B | 1.4B | 1.9B | 1.0B | |
Non Current Liabilities Total | 389.4M | 388.3M | 401.5M | 402.6M | 703.3M | 738.5M | |
Inventory | 163.5M | 137.8M | 181.6M | 180.1M | 196.6M | 206.4M | |
Other Current Assets | 37.6M | 37.7M | 51.1M | 54.5M | 61.2M | 36.8M | |
Other Stockholder Equity | 19.8M | 38.7M | 39.2M | 49.1M | 201.5M | 211.6M | |
Total Liab | 868.1M | 827.3M | 907.9M | 797.7M | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 456.5M | 442.3M | 948.7M | 1.0B | 1.3B | 1.4B | |
Total Current Assets | 528.8M | 495.7M | 523.5M | 469.2M | 535.9M | 384.8M | |
Accumulated Other Comprehensive Income | (8.1M) | (9.2M) | (6.8M) | (8M) | (10.6M) | (11.1M) | |
Short Term Debt | 23.6M | 22.4M | 28.8M | 25.3M | 37.8M | 19.0M | |
Accounts Payable | 227.6M | 190.5M | 233.8M | 165.3M | 418.7M | 439.6M | |
Good Will | 270.8M | 292.4M | 297.3M | 305.9M | 441M | 258.1M | |
Common Stock Total Equity | 43.6M | 42.6M | 42.9M | 42.6M | 38.3M | 38.4M | |
Short Term Investments | 1.1M | 1.7M | 1.4M | 2M | 5.6M | 6.4M | |
Common Stock | 42.6M | 42.9M | 42.6M | 41.4M | 46.9M | 38.2M | |
Intangible Assets | 174.9M | 166.5M | 174.2M | 133.9M | 210.8M | 159.0M | |
Other Liab | 155.2M | 156.0M | 155.7M | 127.2M | 146.3M | 93.0M | |
Other Assets | 8.4M | 21.1M | 43.1M | (200K) | (180K) | (171K) | |
Long Term Debt | 174.4M | 174.5M | 174.6M | 188.8M | 428.3M | 449.7M | |
Property Plant Equipment | 381.5M | 366.0M | 459.8M | 452.3M | 520.1M | 369.9M | |
Current Deferred Revenue | 225.6M | 223.1M | 240.0M | 31.3M | 35.6M | 33.8M | |
Net Tangible Assets | 198.1M | 189.3M | 118.1M | 176.7M | 203.2M | 164.5M | |
Noncontrolling Interest In Consolidated Entity | 509K | 326K | 324K | 323K | 371.5K | 302.3K | |
Retained Earnings Total Equity | 504.9M | 529.7M | 518.0M | 514.6M | 591.8M | 446.4M | |
Long Term Debt Total | 174.4M | 174.5M | 182.0M | 196.5M | 226.0M | 204.5M |
HNI Corp Investors Sentiment
The influence of HNI Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HNI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to HNI Corp's public news can be used to forecast risks associated with an investment in HNI. The trend in average sentiment can be used to explain how an investor holding HNI can time the market purely based on public headlines and social activities around HNI Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
HNI Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HNI Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average HNI Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HNI Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HNI Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HNI Corp's short interest history, or implied volatility extrapolated from HNI Corp options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is HNI Corp'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 HNI Corp. If investors know HNI 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 HNI Corp 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 0.213 | Dividend Share 1.28 | Earnings Share 1.09 | Revenue Per Share 54.697 | Quarterly Revenue Growth 0.195 |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp'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 HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp'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 HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp'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.