Hydrofarm Non Currrent Assets Other vs Property Plant Equipment 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 Non Currrent Assets Other and its Property Plant Equipment 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.

Non Currrent Assets Other vs Property Plant Equipment

Non Currrent Assets Other vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hydrofarm Holdings Non Currrent Assets Other account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hydrofarm Holdings' Non Currrent Assets Other and Property Plant Equipment is 0.58. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant Equipment 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' Non Currrent Assets Other and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Hydrofarm Holdings GroupInc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Currrent Assets Other i.e., Hydrofarm Holdings' Non Currrent Assets Other and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant Equipment

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

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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

View

Largest Industrials Companies

View

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Hydrofarm Stock analysis

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.

	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Equity Valuation Check real value of public entities based on technical and fundamental data
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hydrofarm Non Currrent Assets Other vs Property Plant Equipment Analysis

Non Currrent Assets Other vs Property Plant Equipment

Non Currrent Assets Other vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Property Plant Equipment

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!

Complementary Tools for Hydrofarm Stock analysis

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