Hydrofarm Total Assets vs Intangible Assets 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 Total Assets and its Intangible Assets 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hydrofarm Holdings Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hydrofarm Holdings' Total Assets and Intangible Assets is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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' Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Hydrofarm Holdings GroupInc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Hydrofarm Holdings' Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Hydrofarm Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hydrofarm Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 28th 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 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
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:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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.