Hydrofarm Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

HYFM Stock  USD 0.93  0.01  1.06%   
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 Total Equity and its Common Stock Shares Outstanding 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 Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hydrofarm Holdings Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hydrofarm Holdings' Common Stock Total Equity and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Total Equity and Common Stock Shares Outstanding 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 Total Equity of Hydrofarm Holdings GroupInc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Hydrofarm Holdings' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 10th of May 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 Profit101.5M29.3M23.9M22.7M
Total Revenue479.4M344.5M226.6M337.3M

Hydrofarm Holdings fundamental ratios Correlations

-0.660.590.35-0.70.15-0.750.270.690.670.950.68-0.720.820.930.80.890.910.71-0.250.950.780.67-0.250.80.84
-0.660.13-0.310.820.360.970.21-0.14-0.71-0.71-0.460.98-0.68-0.53-0.37-0.54-0.68-0.23-0.24-0.52-0.31-0.07-0.24-0.69-0.78
0.590.130.21-0.250.360.050.380.640.150.590.310.080.50.640.730.580.580.72-0.50.710.580.83-0.50.540.38
0.35-0.310.21-0.30.39-0.270.50.660.850.420.83-0.350.410.59-0.090.690.46-0.250.70.50.52-0.230.70.520.51
-0.70.82-0.25-0.30.450.790.23-0.22-0.59-0.83-0.380.77-0.94-0.63-0.65-0.6-0.86-0.520.02-0.66-0.31-0.380.02-0.88-0.89
0.150.360.360.390.450.220.950.730.270.00.580.17-0.150.37-0.080.42-0.04-0.070.040.310.690.060.04-0.17-0.07
-0.750.970.05-0.270.790.220.05-0.26-0.72-0.76-0.540.99-0.71-0.63-0.47-0.62-0.72-0.34-0.11-0.61-0.47-0.18-0.11-0.67-0.81
0.270.210.380.50.230.950.050.820.430.150.720.010.090.520.020.570.13-0.010.080.450.80.090.08-0.020.13
0.69-0.140.640.66-0.220.73-0.260.820.680.610.88-0.290.510.870.410.890.620.33-0.010.830.920.39-0.010.470.55
0.67-0.710.150.85-0.590.27-0.720.430.680.710.93-0.780.660.80.210.860.710.030.510.720.71-0.040.510.690.8
0.95-0.710.590.42-0.830.0-0.760.150.610.710.64-0.740.910.920.820.880.990.71-0.160.940.70.63-0.160.940.94
0.68-0.460.310.83-0.380.58-0.540.720.880.930.64-0.590.570.860.230.910.640.090.350.770.870.070.350.540.69
-0.720.980.08-0.350.770.170.990.01-0.29-0.78-0.74-0.59-0.69-0.64-0.4-0.64-0.71-0.26-0.21-0.61-0.48-0.1-0.21-0.66-0.81
0.82-0.680.50.41-0.94-0.15-0.710.090.510.660.910.57-0.690.830.770.790.940.63-0.120.850.580.55-0.120.910.94
0.93-0.530.640.59-0.630.37-0.630.520.870.80.920.86-0.640.830.690.990.90.57-0.070.990.910.55-0.070.80.87
0.8-0.370.73-0.09-0.65-0.08-0.470.020.410.210.820.23-0.40.770.690.580.80.98-0.670.780.520.93-0.670.710.69
0.89-0.540.580.69-0.60.42-0.620.570.890.860.880.91-0.640.790.990.580.870.450.060.960.910.430.060.780.85
0.91-0.680.580.46-0.86-0.04-0.720.130.620.710.990.64-0.710.940.90.80.870.68-0.120.930.650.59-0.120.960.96
0.71-0.230.72-0.25-0.52-0.07-0.34-0.010.330.030.710.09-0.260.630.570.980.450.68-0.80.680.440.97-0.80.570.54
-0.25-0.24-0.50.70.020.04-0.110.08-0.010.51-0.160.35-0.21-0.12-0.07-0.670.06-0.12-0.8-0.19-0.1-0.831.00.030.04
0.95-0.520.710.5-0.660.31-0.610.450.830.720.940.77-0.610.850.990.780.960.930.68-0.190.870.65-0.190.830.87
0.78-0.310.580.52-0.310.69-0.470.80.920.710.70.87-0.480.580.910.520.910.650.44-0.10.870.46-0.10.50.63
0.67-0.070.83-0.23-0.380.06-0.180.090.39-0.040.630.07-0.10.550.550.930.430.590.97-0.830.650.46-0.830.480.41
-0.25-0.24-0.50.70.020.04-0.110.08-0.010.51-0.160.35-0.21-0.12-0.07-0.670.06-0.12-0.81.0-0.19-0.1-0.830.030.04
0.8-0.690.540.52-0.88-0.17-0.67-0.020.470.690.940.54-0.660.910.80.710.780.960.570.030.830.50.480.030.92
0.84-0.780.380.51-0.89-0.07-0.810.130.550.80.940.69-0.810.940.870.690.850.960.540.040.870.630.410.040.92
Click cells to compare fundamentals

Hydrofarm Holdings Account Relationship Matchups

Hydrofarm Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.4M590K15.7M13.2M9.5M7.7M
Total Current Liabilities64.4M48.7M88.4M41.6M37.7M54.6M
Other Liab1.2M567K9.5M7.1M8.2M4.8M
Net Tangible Assets(48.0M)158.5M115.5M49.5M56.9M49.8M
Retained Earnings(146.7M)(153.9M)(140.5M)(425.9M)(490.7M)(466.2M)
Accounts Payable17.2M22.6M45.0M13.6M12.6M17.3M
Other Assets1.2M15.7M6.5M1.8M1.7M1.6M
Net Receivables20.0M24.8M42.1M17.2M16.9M25.5M
Inventory50.2M88.6M189.1M111.4M75.4M101.5M
Other Current Assets1.8M9.6M9.8M5.0M5.5M5.4M
Other Stockholder Equity156.2M88.5M777.1M783.0M787.8M431.9M
Total Current Assets105.0M199.9M269.4M154.9M128.1M167.0M
Property Plant Equipment22.1M22.3M95.7M116.4M133.9M140.6M
Total Assets185.7M275.8M891.2M573.6M507.6M478.2M
Short Long Term Debt Total126.9M20.1M167.6M186.1M183.9M143.9M
Total Stockholder Equity31.2M210.9M635.2M349.9M290.6M287.0M
Property Plant And Equipment Net22.1M22.3M95.7M116.4M101.9M66.5M
Net Debt104.0M(55.1M)141.0M164.8M153.6M106.5M
Cash22.9M75.2M26.6M21.3M30.3M27.2M
Non Current Assets Total80.7M75.9M621.9M418.6M379.6M302.6M
Non Currrent Assets Other1.2M1.2M6.5M1.8M1.8M2.5M
Long Term Debt73.1M290K119.5M118.7M115.4M93.0M
Cash And Short Term Investments22.9M75.2M26.6M21.3M30.3M27.2M
Common Stock Shares Outstanding33.0M33.5M43.0M45.0M45.5M40.9M
Liabilities And Stockholders Equity185.7M275.8M891.2M573.6M507.6M478.2M
Non Current Liabilities Total90.1M16.2M167.6M182.1M179.4M131.7M
Capital Lease Obligations19.0M19.0M45.8M65.4M65.5M39.4M
Total Liab154.5M64.9M256.1M223.7M217.0M191.2M
Net Invested Capital117.3M212.0M757.0M470.6M409.0M387.5M
Property Plant And Equipment Gross22.1M22.3M95.7M116.4M123.2M70.4M
Short Long Term Debt34.8M746K2.3M2.0M3.0M2.8M
Accumulated Other Comprehensive Income(144K)599K(1.4M)(7.2M)(6.5M)(6.2M)
Capital Stock21.8M3K4K5K4.5K4.3K
Non Current Liabilities Other1.2M567K3.9M4.4M4.5M3.0M
Net Working Capital40.5M151.2M181.0M113.3M90.4M116.1M
Short Term Debt38.0M4.4M9.5M11.1M12.3M12.7M
Intangible Assets57.4M52.4M314.8M300.4M275.9M196.0M

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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:
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.