HNI Gross Profit vs Interest Coverage Analysis

HNI Stock  USD 45.13  0.02  0.04%   
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 Gross Profit and its Interest Coverage 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.

Gross Profit vs Interest Coverage

Gross Profit vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HNI Corp Gross Profit account and Interest Coverage. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HNI Corp's Gross Profit and Interest Coverage is 0.54. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Coverage 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 Gross Profit and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of HNI Corp are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Gross Profit i.e., HNI Corp's Gross Profit and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of HNI Corp minus its cost of goods sold. It is profit before HNI Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Coverage

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 Selling General Administrative is increasing as compared to previous years. The HNI Corp's current Enterprise Value Multiple is estimated to increase to 8.43, while Tax Provision is projected to decrease to under 18.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit757.4M834.9M948.3M637.6M
Total Revenue2.2B2.4B2.4B1.8B

HNI Corp fundamental ratios Correlations

0.53-0.030.880.970.670.490.930.090.73-0.110.090.84-0.80.640.730.80.150.770.490.940.50.480.920.5-0.78
0.53-0.190.240.620.960.990.49-0.030.93-0.26-0.020.31-0.420.970.860.410.860.870.910.410.470.780.58-0.14-0.26
-0.03-0.190.01-0.03-0.15-0.150.06-0.26-0.110.33-0.29-0.080.06-0.16-0.140.03-0.11-0.13-0.11-0.110.270.26-0.060.07-0.15
0.880.240.010.780.410.20.850.160.540.140.160.95-0.890.410.530.8-0.20.650.180.940.360.340.830.8-0.84
0.970.62-0.030.780.750.570.950.140.78-0.270.140.75-0.770.70.810.720.270.790.610.90.540.480.890.4-0.75
0.670.96-0.150.410.750.930.680.050.98-0.290.050.46-0.550.970.940.450.740.930.90.570.490.760.65-0.01-0.49
0.490.99-0.150.20.570.930.43-0.190.9-0.22-0.180.27-0.360.950.840.40.870.840.920.340.470.780.54-0.19-0.22
0.930.490.060.850.950.680.430.20.72-0.250.180.82-0.830.610.790.660.070.750.490.930.480.40.80.54-0.9
0.09-0.03-0.260.160.140.05-0.190.20.06-0.180.990.08-0.280.020.0-0.11-0.090.09-0.140.27-0.09-0.090.090.28-0.16
0.730.93-0.110.540.780.980.90.720.06-0.130.070.58-0.690.980.920.580.660.980.850.650.460.810.760.18-0.54
-0.11-0.260.330.14-0.27-0.29-0.22-0.25-0.18-0.13-0.130.11-0.11-0.14-0.40.15-0.19-0.05-0.35-0.11-0.260.240.10.370.14
0.09-0.02-0.290.160.140.05-0.180.180.990.07-0.130.09-0.310.03-0.02-0.08-0.070.1-0.140.27-0.09-0.080.130.31-0.12
0.840.31-0.080.950.750.460.270.820.080.580.110.09-0.890.470.570.74-0.160.690.190.930.230.370.80.77-0.81
-0.8-0.420.06-0.89-0.77-0.55-0.36-0.83-0.28-0.69-0.11-0.31-0.89-0.57-0.63-0.780.02-0.77-0.34-0.9-0.29-0.42-0.86-0.830.77
0.640.97-0.160.410.70.970.950.610.020.98-0.140.030.47-0.570.890.50.760.950.870.540.40.820.680.03-0.43
0.730.86-0.140.530.810.940.840.790.00.92-0.4-0.020.57-0.630.890.540.530.890.860.690.510.60.650.12-0.65
0.80.410.030.80.720.450.40.66-0.110.580.15-0.080.74-0.780.50.540.070.650.410.770.380.40.890.63-0.57
0.150.86-0.11-0.20.270.740.870.07-0.090.66-0.19-0.07-0.160.020.760.530.070.540.81-0.050.350.70.25-0.510.2
0.770.87-0.130.650.790.930.840.750.090.98-0.050.10.69-0.770.950.890.650.540.760.730.430.790.80.31-0.62
0.490.91-0.110.180.610.90.920.49-0.140.85-0.35-0.140.19-0.340.870.860.410.810.760.340.460.630.51-0.2-0.25
0.940.41-0.110.940.90.570.340.930.270.65-0.110.270.93-0.90.540.690.77-0.050.730.340.380.350.860.69-0.85
0.50.470.270.360.540.490.470.48-0.090.46-0.26-0.090.23-0.290.40.510.380.350.430.460.380.450.430.01-0.29
0.480.780.260.340.480.760.780.4-0.090.810.24-0.080.37-0.420.820.60.40.70.790.630.350.450.550.02-0.29
0.920.58-0.060.830.890.650.540.80.090.760.10.130.8-0.860.680.650.890.250.80.510.860.430.550.6-0.61
0.5-0.140.070.80.4-0.01-0.190.540.280.180.370.310.77-0.830.030.120.63-0.510.31-0.20.690.010.020.6-0.6
-0.78-0.26-0.15-0.84-0.75-0.49-0.22-0.9-0.16-0.540.14-0.12-0.810.77-0.43-0.65-0.570.2-0.62-0.25-0.85-0.29-0.29-0.61-0.6
Click cells to compare fundamentals

HNI Corp Account Relationship Matchups

HNI Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.5B1.4B1.9B1.0B
Short Long Term Debt Total257.8M254.7M274.5M300.7M578M606.9M
Other Current Liab1.9M3.0M3.9M173.2M(28.4M)(27.0M)
Total Current Liabilities478.7M439.0M506.4M395.1M463.7M310.5M
Total Stockholder Equity584.0M590.4M589.6M616.5M761.4M456.8M
Property Plant And Equipment Net456.5M442.3M459.8M452.5M682.6M716.7M
Net Debt205.8M138.6M222.3M283.3M549.1M576.6M
Retained Earnings529.7M518.0M514.6M534M523.6M395.8M
Cash52.1M116.1M52.3M17.4M28.9M53.7M
Non Current Assets Total923.7M922.3M974.4M945.5M1.4B1.5B
Non Currrent Assets Other7.9M7.1M43.1M(20.1M)58.4M69.8M
Cash And Short Term Investments53.2M117.8M53.7M19.4M34.5M59.1M
Net Receivables274.6M202.5M237.1M215.2M243.6M194.9M
Common Stock Shares Outstanding43.5M43M44M44.0M45.4M44.8M
Liabilities And Stockholders Equity1.5B1.4B1.5B1.4B1.9B1.0B
Non Current Liabilities Total389.4M388.3M401.5M402.6M703.3M738.5M
Inventory163.5M137.8M181.6M180.1M196.6M206.4M
Other Current Assets37.6M37.7M51.1M54.5M61.2M36.8M
Other Stockholder Equity19.8M38.7M39.2M49.1M201.5M211.6M
Total Liab868.1M827.3M907.9M797.7M1.2B1.2B
Property Plant And Equipment Gross456.5M442.3M948.7M1.0B1.3B1.4B
Total Current Assets528.8M495.7M523.5M469.2M535.9M384.8M
Accumulated Other Comprehensive Income(8.1M)(9.2M)(6.8M)(8M)(10.6M)(11.1M)
Short Term Debt23.6M22.4M28.8M25.3M37.8M19.0M
Accounts Payable227.6M190.5M233.8M165.3M418.7M439.6M
Good Will270.8M292.4M297.3M305.9M441M258.1M
Common Stock Total Equity43.6M42.6M42.9M42.6M38.3M38.4M
Short Term Investments1.1M1.7M1.4M2M5.6M6.4M
Common Stock42.6M42.9M42.6M41.4M46.9M38.2M
Intangible Assets174.9M166.5M174.2M133.9M210.8M159.0M
Other Liab155.2M156.0M155.7M127.2M146.3M93.0M
Other Assets8.4M21.1M43.1M(200K)(180K)(171K)
Long Term Debt174.4M174.5M174.6M188.8M428.3M449.7M
Property Plant Equipment381.5M366.0M459.8M452.3M520.1M369.9M
Current Deferred Revenue225.6M223.1M240.0M31.3M35.6M33.8M
Net Tangible Assets198.1M189.3M118.1M176.7M203.2M164.5M
Noncontrolling Interest In Consolidated Entity509K326K324K323K371.5K302.3K
Retained Earnings Total Equity504.9M529.7M518.0M514.6M591.8M446.4M
Long Term Debt Total174.4M174.5M182.0M196.5M226.0M204.5M

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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When determining whether HNI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hni Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock:
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.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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.