Hydrofarm Inventory 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 Inventory 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.
Inventory vs Common Stock Shares Outstanding
Inventory 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 Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hydrofarm Holdings' Inventory and Common Stock Shares Outstanding is 0.55. Overlapping area represents the amount of variation of Inventory 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' Inventory 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 Inventory 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 Inventory i.e., Hydrofarm Holdings' Inventory and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
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 11th 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 Profit | 101.5M | 29.3M | 23.9M | 22.7M | Total Revenue | 479.4M | 344.5M | 226.6M | 337.3M |
Hydrofarm Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Hydrofarm Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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.