HNI Cash and Equivalents vs Income Tax Expense Analysis
HNI Stock | USD 42.66 0.71 1.64% |
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 Cash And Equivalents and its Income Tax Expense 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.
Cash And Equivalents vs Income Tax Expense
Cash and Equivalents vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HNI Corp Cash and Equivalents account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HNI Corp's Cash and Equivalents and Income Tax Expense is -0.05. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Income Tax Expense 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 Cash and Equivalents and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash and Equivalents of HNI Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cash and Equivalents i.e., HNI Corp's Cash and Equivalents and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Equivalents
Income Tax Expense
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
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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 |
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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running HNI Corp's price analysis, check to measure HNI Corp'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 HNI Corp is operating at the current time. Most of HNI Corp's value examination focuses on studying past and present price action to predict the probability of HNI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HNI Corp's price. Additionally, you may evaluate how the addition of HNI Corp to your portfolios can decrease your overall portfolio volatility.
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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.