Hydrofarm Common Stock vs Accounts Payable Analysis

HYFM Stock

USD 0.82 0.03 3.53%

Hydrofarm Holdings financial indicator trend analysis is much more than just examining Hydrofarm Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hydrofarm Holdings is a good investment. Please check the relationship between Hydrofarm Holdings Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydrofarm Holdings GroupInc. 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.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hydrofarm Holdings Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Hydrofarm Holdings' Common Stock and Accounts Payable is 0.17. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hydrofarm Holdings GroupInc, assuming nothing else is changed. The correlation between historical values of Hydrofarm Holdings' Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hydrofarm Holdings GroupInc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Hydrofarm Holdings' Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Hydrofarm Holdings 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 Hydrofarm Holdings 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.

Most indicators from Hydrofarm Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hydrofarm Holdings 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 Hydrofarm Holdings GroupInc. 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.

As of the 27th of April 2024, Tax Provision is likely to drop to about (223.7 K). In addition to that, Selling General Administrative is likely to drop to about 83.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	101.5M	29.3M	23.9M	22.7M
Total Revenue	479.4M	344.5M	226.6M	337.3M

Gross Profit Total Revenue

Hydrofarm Holdings fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding
Other Current Liab		-0.66	0.59	0.35	-0.7	0.15	-0.75	0.27	0.69	0.67	0.95	0.68	-0.72	0.82	0.93	0.8	0.89	0.91	0.71	-0.25	0.95	0.78	0.67	-0.25	0.8	0.84
Total Current Liabilities	-0.66		0.13	-0.31	0.82	0.36	0.97	0.21	-0.14	-0.71	-0.71	-0.46	0.98	-0.68	-0.53	-0.37	-0.54	-0.68	-0.23	-0.24	-0.52	-0.31	-0.07	-0.24	-0.69	-0.78
Other Liab	0.59	0.13		0.21	-0.25	0.36	0.05	0.38	0.64	0.15	0.59	0.31	0.08	0.5	0.64	0.73	0.58	0.58	0.72	-0.5	0.71	0.58	0.83	-0.5	0.54	0.38
Net Tangible Assets	0.35	-0.31	0.21		-0.3	0.39	-0.27	0.5	0.66	0.85	0.42	0.83	-0.35	0.41	0.59	-0.09	0.69	0.46	-0.25	0.7	0.5	0.52	-0.23	0.7	0.52	0.51
Retained Earnings	-0.7	0.82	-0.25	-0.3		0.45	0.79	0.23	-0.22	-0.59	-0.83	-0.38	0.77	-0.94	-0.63	-0.65	-0.6	-0.86	-0.52	0.02	-0.66	-0.31	-0.38	0.02	-0.88	-0.89
Accounts Payable	0.15	0.36	0.36	0.39	0.45		0.22	0.95	0.73	0.27	0.0	0.58	0.17	-0.15	0.37	-0.08	0.42	-0.04	-0.07	0.04	0.31	0.69	0.06	0.04	-0.17	-0.07
Other Assets	-0.75	0.97	0.05	-0.27	0.79	0.22		0.05	-0.26	-0.72	-0.76	-0.54	0.99	-0.71	-0.63	-0.47	-0.62	-0.72	-0.34	-0.11	-0.61	-0.47	-0.18	-0.11	-0.67	-0.81
Net Receivables	0.27	0.21	0.38	0.5	0.23	0.95	0.05		0.82	0.43	0.15	0.72	0.01	0.09	0.52	0.02	0.57	0.13	-0.01	0.08	0.45	0.8	0.09	0.08	-0.02	0.13
Inventory	0.69	-0.14	0.64	0.66	-0.22	0.73	-0.26	0.82		0.68	0.61	0.88	-0.29	0.51	0.87	0.41	0.89	0.62	0.33	-0.01	0.83	0.92	0.39	-0.01	0.47	0.55
Other Current Assets	0.67	-0.71	0.15	0.85	-0.59	0.27	-0.72	0.43	0.68		0.71	0.93	-0.78	0.66	0.8	0.21	0.86	0.71	0.03	0.51	0.72	0.71	-0.04	0.51	0.69	0.8
Other Stockholder Equity	0.95	-0.71	0.59	0.42	-0.83	0.0	-0.76	0.15	0.61	0.71		0.64	-0.74	0.91	0.92	0.82	0.88	0.99	0.71	-0.16	0.94	0.7	0.63	-0.16	0.94	0.94
Total Current Assets	0.68	-0.46	0.31	0.83	-0.38	0.58	-0.54	0.72	0.88	0.93	0.64		-0.59	0.57	0.86	0.23	0.91	0.64	0.09	0.35	0.77	0.87	0.07	0.35	0.54	0.69
Common Stock	-0.72	0.98	0.08	-0.35	0.77	0.17	0.99	0.01	-0.29	-0.78	-0.74	-0.59		-0.69	-0.64	-0.4	-0.64	-0.71	-0.26	-0.21	-0.61	-0.48	-0.1	-0.21	-0.66	-0.81
Property Plant Equipment	0.82	-0.68	0.5	0.41	-0.94	-0.15	-0.71	0.09	0.51	0.66	0.91	0.57	-0.69		0.83	0.77	0.79	0.94	0.63	-0.12	0.85	0.58	0.55	-0.12	0.91	0.94
Total Assets	0.93	-0.53	0.64	0.59	-0.63	0.37	-0.63	0.52	0.87	0.8	0.92	0.86	-0.64	0.83		0.69	0.99	0.9	0.57	-0.07	0.99	0.91	0.55	-0.07	0.8	0.87
Short Long Term Debt Total	0.8	-0.37	0.73	-0.09	-0.65	-0.08	-0.47	0.02	0.41	0.21	0.82	0.23	-0.4	0.77	0.69		0.58	0.8	0.98	-0.67	0.78	0.52	0.93	-0.67	0.71	0.69
Total Stockholder Equity	0.89	-0.54	0.58	0.69	-0.6	0.42	-0.62	0.57	0.89	0.86	0.88	0.91	-0.64	0.79	0.99	0.58		0.87	0.45	0.06	0.96	0.91	0.43	0.06	0.78	0.85
Property Plant And Equipment Net	0.91	-0.68	0.58	0.46	-0.86	-0.04	-0.72	0.13	0.62	0.71	0.99	0.64	-0.71	0.94	0.9	0.8	0.87		0.68	-0.12	0.93	0.65	0.59	-0.12	0.96	0.96
Net Debt	0.71	-0.23	0.72	-0.25	-0.52	-0.07	-0.34	-0.01	0.33	0.03	0.71	0.09	-0.26	0.63	0.57	0.98	0.45	0.68		-0.8	0.68	0.44	0.97	-0.8	0.57	0.54
Cash	-0.25	-0.24	-0.5	0.7	0.02	0.04	-0.11	0.08	-0.01	0.51	-0.16	0.35	-0.21	-0.12	-0.07	-0.67	0.06	-0.12	-0.8		-0.19	-0.1	-0.83	1.0	0.03	0.04
Non Current Assets Total	0.95	-0.52	0.71	0.5	-0.66	0.31	-0.61	0.45	0.83	0.72	0.94	0.77	-0.61	0.85	0.99	0.78	0.96	0.93	0.68	-0.19		0.87	0.65	-0.19	0.83	0.87
Non Currrent Assets Other	0.78	-0.31	0.58	0.52	-0.31	0.69	-0.47	0.8	0.92	0.71	0.7	0.87	-0.48	0.58	0.91	0.52	0.91	0.65	0.44	-0.1	0.87		0.46	-0.1	0.5	0.63
Long Term Debt	0.67	-0.07	0.83	-0.23	-0.38	0.06	-0.18	0.09	0.39	-0.04	0.63	0.07	-0.1	0.55	0.55	0.93	0.43	0.59	0.97	-0.83	0.65	0.46		-0.83	0.48	0.41
Cash And Short Term Investments	-0.25	-0.24	-0.5	0.7	0.02	0.04	-0.11	0.08	-0.01	0.51	-0.16	0.35	-0.21	-0.12	-0.07	-0.67	0.06	-0.12	-0.8	1.0	-0.19	-0.1	-0.83		0.03	0.04
Common Stock Total Equity	0.8	-0.69	0.54	0.52	-0.88	-0.17	-0.67	-0.02	0.47	0.69	0.94	0.54	-0.66	0.91	0.8	0.71	0.78	0.96	0.57	0.03	0.83	0.5	0.48	0.03		0.92
Common Stock Shares Outstanding	0.84	-0.78	0.38	0.51	-0.89	-0.07	-0.81	0.13	0.55	0.8	0.94	0.69	-0.81	0.94	0.87	0.69	0.85	0.96	0.54	0.04	0.87	0.63	0.41	0.04	0.92

Click cells to compare fundamentals

Hydrofarm Holdings Account Relationship Matchups

Hydrofarm Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	2.4M	590K	15.7M	13.2M	9.5M	7.7M
Total Current Liabilities	64.4M	48.7M	88.4M	41.6M	37.7M	54.6M
Other Liab	1.2M	567K	9.5M	7.1M	8.2M	4.8M
Net Tangible Assets	(48.0M)	158.5M	115.5M	49.5M	56.9M	49.8M
Retained Earnings	(146.7M)	(153.9M)	(140.5M)	(425.9M)	(490.7M)	(466.2M)
Accounts Payable	17.2M	22.6M	45.0M	13.6M	12.6M	17.3M
Other Assets	1.2M	15.7M	6.5M	1.8M	1.7M	1.6M
Net Receivables	20.0M	24.8M	42.1M	17.2M	16.9M	25.5M
Inventory	50.2M	88.6M	189.1M	111.4M	75.4M	101.5M
Other Current Assets	1.8M	9.6M	9.8M	5.0M	5.5M	5.4M
Other Stockholder Equity	156.2M	88.5M	777.1M	783.0M	787.8M	431.9M
Total Current Assets	105.0M	199.9M	269.4M	154.9M	128.1M	167.0M
Property Plant Equipment	22.1M	22.3M	95.7M	116.4M	133.9M	140.6M
Total Assets	185.7M	275.8M	891.2M	573.6M	507.6M	478.2M
Short Long Term Debt Total	126.9M	20.1M	167.6M	186.1M	183.9M	143.9M
Total Stockholder Equity	31.2M	210.9M	635.2M	349.9M	290.6M	287.0M
Property Plant And Equipment Net	22.1M	22.3M	95.7M	116.4M	101.9M	66.5M
Net Debt	104.0M	(55.1M)	141.0M	164.8M	153.6M	106.5M
Cash	22.9M	75.2M	26.6M	21.3M	30.3M	27.2M
Non Current Assets Total	80.7M	75.9M	621.9M	418.6M	379.6M	302.6M
Non Currrent Assets Other	1.2M	1.2M	6.5M	1.8M	1.8M	2.5M
Long Term Debt	73.1M	290K	119.5M	118.7M	115.4M	93.0M
Cash And Short Term Investments	22.9M	75.2M	26.6M	21.3M	30.3M	27.2M
Common Stock Shares Outstanding	33.0M	33.5M	43.0M	45.0M	45.5M	40.9M
Liabilities And Stockholders Equity	185.7M	275.8M	891.2M	573.6M	507.6M	478.2M
Non Current Liabilities Total	90.1M	16.2M	167.6M	182.1M	179.4M	131.7M
Capital Lease Obligations	19.0M	19.0M	45.8M	65.4M	65.5M	39.4M
Total Liab	154.5M	64.9M	256.1M	223.7M	217.0M	191.2M
Net Invested Capital	117.3M	212.0M	757.0M	470.6M	409.0M	387.5M
Property Plant And Equipment Gross	22.1M	22.3M	95.7M	116.4M	123.2M	70.4M
Short Long Term Debt	34.8M	746K	2.3M	2.0M	3.0M	2.8M
Accumulated Other Comprehensive Income	(144K)	599K	(1.4M)	(7.2M)	(6.5M)	(6.2M)
Capital Stock	21.8M	3K	4K	5K	4.5K	4.3K
Non Current Liabilities Other	1.2M	567K	3.9M	4.4M	4.5M	3.0M
Net Working Capital	40.5M	151.2M	181.0M	113.3M	90.4M	116.1M
Short Term Debt	38.0M	4.4M	9.5M	11.1M	12.3M	12.7M
Intangible Assets	57.4M	52.4M	314.8M	300.4M	275.9M	196.0M

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 Hydrofarm Holdings 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, Hydrofarm Holdings' short interest history, or implied volatility extrapolated from Hydrofarm Holdings options trading.

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When determining whether Hydrofarm Holdings is a strong investment it is important to analyze Hydrofarm Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hydrofarm Holdings' future performance. For an informed investment choice regarding Hydrofarm Stock, refer to the following important reports:

How To Invest In Hydrofarm

Details

Is Hydrofarm Stock a good investment?

Details

What is Hydrofarm Holdings' Net Worth?

Details

Largest Farm & Heavy Construction Machinery Companies

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Largest Industrials Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydrofarm Holdings GroupInc. 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.

Note that the Hydrofarm Holdings information on this page should be used as a complementary analysis to other Hydrofarm Holdings' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Hydrofarm Holdings' price analysis, check to measure Hydrofarm Holdings' 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 Hydrofarm Holdings is operating at the current time. Most of Hydrofarm Holdings' value examination focuses on studying past and present price action to predict the probability of Hydrofarm Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydrofarm Holdings' price. Additionally, you may evaluate how the addition of Hydrofarm Holdings to your portfolios can decrease your overall portfolio volatility.

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Is Hydrofarm Holdings' 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 Hydrofarm Holdings. If investors know Hydrofarm 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 Hydrofarm Holdings 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

3.625

Earnings Share

(1.42)

Revenue Per Share

4.979

Quarterly Revenue Growth

(0.23)

Return On Assets

(0.04)

The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' 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 Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' 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 Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' 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.

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Hydrofarm Common Stock vs Accounts Payable Analysis

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

Correlation Coefficient

Common Stock

Accounts Payable

Hydrofarm Holdings fundamental ratios Correlations

Hydrofarm Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hydrofarm Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Other Assets
Property Plant And Equipment Net	+ 0.99	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Common Stock	+ 0.98	Total Current Liabilities

Property Plant Equipment	- 0.94	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings
Property Plant And Equipment Net	- 0.86	Retained Earnings
Cash And Short Term Investments	- 0.83	Long Term Debt
Long Term Debt	- 0.83	Cash