HFFG Total Current Assets vs Total Assets Analysis
HFFG Stock | USD 3.78 0.17 4.71% |
Hf Foods financial indicator trend analysis is much more than just examining Hf Foods Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hf Foods Group is a good investment. Please check the relationship between Hf Foods Total Current Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hf Foods Group Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hf Foods' Total Current Assets and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hf Foods Group, assuming nothing else is changed. The correlation between historical values of Hf Foods' Total Current Assets and Total 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 Current Assets of Hf Foods Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Hf Foods' Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Assets
Total assets refers to the total amount of Hf Foods 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 Hf Foods Group 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.Most indicators from Hf Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hf Foods Group 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 Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Hf Foods' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 151.5M | 205.5M | 204.0M | 117.5M | Total Revenue | 796.9M | 1.2B | 1.1B | 678.8M |
Hf Foods fundamental ratios Correlations
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Hf Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hf Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 802.8M | 484.3M | 596.9M | 637.5M | 596.5M | 451.2M | |
Other Current Liab | 2.7M | 8.9M | 17.8M | 41.6M | 17.3M | 12.9M | |
Total Current Liabilities | 110.4M | 76.7M | 155.3M | 163.9M | 143.3M | 104.6M | |
Total Stockholder Equity | 603.4M | 260.4M | 290.9M | 291.8M | 286.7M | 246.5M | |
Other Liab | 52.3M | 46.4M | 39.5M | 39.9M | 45.9M | 28.2M | |
Net Tangible Assets | 10.0M | 16.1M | 15.6M | 12.6M | 11.3M | 15.7M | |
Retained Earnings | 15.8M | (327.2M) | (306.3M) | (306.5M) | (308.7M) | (293.3M) | |
Accounts Payable | 44.2M | 29.6M | 59.7M | 57.0M | 52.0M | 42.1M | |
Cash | 14.5M | 9.6M | 14.8M | 24.3M | 15.2M | 13.2M | |
Non Current Assets Total | 651.4M | 385.2M | 437.4M | 439.6M | 417.7M | 328.0M | |
Non Currrent Assets Other | 963.9K | 694.5K | 2.0M | (8.2M) | 6.5M | 6.9M | |
Other Assets | 1.0M | 4.1M | 2.0M | 3.2M | 1.0 | 0.95 | |
Long Term Debt | 18.5M | 95.0M | 86.3M | 115.4M | 108.7M | 63.3M | |
Cash And Short Term Investments | 5.5M | 14.5M | 9.6M | 24.3M | 15.2M | 11.8M | |
Net Receivables | 54.2M | 26.1M | 36.5M | 44.4M | 47.8M | 37.3M | |
Good Will | 406.7M | 68.5M | 80.3M | 85.1M | 97.9M | 99.8M | |
Common Stock Total Equity | 2.0K | 2.2K | 5.3K | 5.2K | 6.0K | 3.2K | |
Common Stock Shares Outstanding | 27.1M | 52.1M | 53.7M | 53.9M | 53.9M | 39.2M | |
Liabilities And Stockholders Equity | 82.5M | 802.8M | 484.3M | 637.5M | 596.5M | 421.8M | |
Non Current Liabilities Total | 84.7M | 142.8M | 146.7M | 177.4M | 165.3M | 102.6M | |
Capital Surpluse | 4.9M | 22.9M | 599.6M | 587.6M | 675.7M | 709.5M | |
Capital Lease Obligations | 18.5M | 2.0M | 25.7M | 33.4M | 26.1M | 14.6M | |
Inventory | 77.5M | 58.5M | 102.7M | 120.3M | 105.6M | 73.3M | |
Other Current Assets | 4.4M | 4.8M | 5.6M | 8.9M | 10.1M | 5.6M | |
Other Stockholder Equity | 41.1M | 587.6M | 587.6M | 598.3M | 595.3M | 384.6M | |
Total Liab | 195.2M | 219.5M | 302.0M | 341.3M | 308.5M | 201.9M | |
Long Term Investments | 2.3M | 2.4M | 2.5M | 2.7M | 2.4M | 1.7M | |
Property Plant And Equipment Gross | 54.7M | 137.8M | 197.0M | 154.5M | 198.4M | 108.2M | |
Short Long Term Debt | 58.9M | 38.8M | 78.7M | 81.3M | 68.5M | 48.2M | |
Total Current Assets | 151.4M | 99.0M | 159.6M | 197.9M | 178.8M | 130.2M | |
Short Term Debt | 9.8M | 63.6M | 41.2M | 65.3M | 74.0M | 42.1M | |
Intangible Assets | 186.7M | 175.8M | 195.1M | 194.1M | 177.8M | 127.8M | |
Common Stock | 2.2K | 5.3K | 5.2K | 5K | 5.8K | 4.1K | |
Property Plant Equipment | 54.7M | 137.8M | 157.6M | 154.5M | 177.7M | 186.6M | |
Short Long Term Debt Total | 23.0M | 96.0M | 135.8M | 230.1M | 203.3M | 131.3M | |
Property Plant And Equipment Net | 54.7M | 137.8M | 157.6M | 154.5M | 145.9M | 109.2M |
Currently Active Assets on Macroaxis
When determining whether Hf Foods Group is a strong investment it is important to analyze Hf Foods' 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 Hf Foods' future performance. For an informed investment choice regarding HFFG 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 Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Staples Distribution & Retail space 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 Hf Foods. If investors know HFFG 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 Hf Foods 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 (0.05) | Earnings Share (0.04) | Revenue Per Share 22.321 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0144 |
The market value of Hf Foods Group is measured differently than its book value, which is the value of HFFG that is recorded on the company's balance sheet. Investors also form their own opinion of Hf Foods' value that differs from its market value or its book value, called intrinsic value, which is Hf Foods' 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 Hf Foods' market value can be influenced by many factors that don't directly affect Hf Foods' 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 Hf Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hf Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hf Foods' 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.