Honest Book Value Per Share vs Operating Cash Flow Per Share Analysis

HNST Stock

USD 8.18 0.14 1.68%

Honest financial indicator trend analysis is much more than just examining Honest Company latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honest Company is a good investment. Please check the relationship between Honest Book Value Per Share and its Operating Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honest Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Book Value Per Share vs Operating Cash Flow Per Share

Book Value Per Share vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honest Company Book Value Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Honest's Book Value Per Share and Operating Cash Flow Per Share is -0.12. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Honest Company, assuming nothing else is changed. The correlation between historical values of Honest's Book Value Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Honest Company are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., Honest's Book Value Per Share and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Most indicators from Honest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honest Company 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 Honest Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Honest's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 477.2 M in 2024, whereas Tax Provision is likely to drop slightly above 100.3 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.8M	494K	269K	255.6K
Depreciation And Amortization	4.1M	2.8M	2.7M	3.5M

Interest Expense Depreciation And Amortization

Honest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		0.74	-0.31	-0.28	-0.15	0.52	-0.22	0.52	-0.67	0.12	0.57	0.49	0.11	0.56	-0.16	0.58	0.48	-0.37	0.82	-0.13	-0.83	0.44	0.24	0.74	-0.09	0.11
Short Long Term Debt Total	0.74		-0.62	-0.69	-0.73	0.86	-0.77	0.91	-0.79	0.71	0.93	-0.01	-0.52	0.92	-0.45	0.45	0.66	-0.77	0.94	-0.7	-0.33	0.84	0.78	1.0	-0.51	-0.43
Other Current Liab	-0.31	-0.62		0.96	0.78	-0.92	0.78	-0.87	0.39	-0.36	-0.83	0.36	0.24	-0.81	0.68	0.17	-0.96	0.88	-0.48	0.77	0.27	-0.92	-0.81	-0.62	0.96	0.85
Total Current Liabilities	-0.28	-0.69	0.96		0.82	-0.92	0.83	-0.9	0.43	-0.58	-0.86	0.53	0.47	-0.83	0.81	0.23	-0.9	0.85	-0.54	0.8	0.14	-0.97	-0.85	-0.69	0.95	0.89
Total Stockholder Equity	-0.15	-0.73	0.78	0.82		-0.88	1.0	-0.89	0.47	-0.74	-0.89	0.35	0.65	-0.9	0.42	-0.15	-0.67	0.91	-0.57	0.96	-0.2	-0.86	-1.0	-0.73	0.81	0.84
Other Liab	0.52	0.86	-0.92	-0.92	-0.88		-0.9	0.98	-0.64	0.55	0.98	-0.18	-0.38	0.97	-0.55	0.17	0.92	-0.96	0.73	-0.86	-0.28	0.97	0.92	0.86	-0.85	-0.75
Net Tangible Assets	-0.22	-0.77	0.78	0.83	1.0	-0.9		-0.91	0.52	-0.75	-0.91	0.32	0.65	-0.92	0.42	-0.19	-0.69	0.92	-0.62	0.96	-0.15	-0.88	-1.0	-0.77	0.79	0.81
Property Plant And Equipment Net	0.52	0.91	-0.87	-0.9	-0.89	0.98	-0.91		-0.71	0.67	0.98	-0.24	-0.51	0.98	-0.57	0.2	0.87	-0.95	0.76	-0.89	-0.22	0.97	0.93	0.91	-0.79	-0.71
Current Deferred Revenue	-0.67	-0.79	0.39	0.43	0.47	-0.64	0.52	-0.71		-0.47	-0.67	-0.14	0.32	-0.74	0.19	-0.52	-0.55	0.66	-0.61	0.6	0.37	-0.59	-0.53	-0.79	0.19	0.06
Net Debt	0.12	0.71	-0.36	-0.58	-0.74	0.55	-0.75	0.67	-0.47		0.67	-0.53	-0.97	0.64	-0.52	0.08	0.27	-0.53	0.59	-0.7	0.38	0.66	0.73	0.71	-0.42	-0.54
Retained Earnings	0.57	0.93	-0.83	-0.86	-0.89	0.98	-0.91	0.98	-0.67	0.67		-0.15	-0.5	0.99	-0.52	0.28	0.82	-0.92	0.84	-0.84	-0.24	0.95	0.93	0.93	-0.76	-0.69
Accounts Payable	0.49	-0.01	0.36	0.53	0.35	-0.18	0.32	-0.24	-0.14	-0.53	-0.15		0.64	-0.09	0.76	0.79	-0.21	0.17	0.15	0.36	-0.51	-0.4	-0.31	-0.01	0.52	0.64
Cash	0.11	-0.52	0.24	0.47	0.65	-0.38	0.65	-0.51	0.32	-0.97	-0.5	0.64		-0.47	0.47	0.06	-0.11	0.39	-0.39	0.62	-0.57	-0.52	-0.63	-0.52	0.34	0.51
Non Current Assets Total	0.56	0.92	-0.81	-0.83	-0.9	0.97	-0.92	0.98	-0.74	0.64	0.99	-0.09	-0.47		-0.43	0.35	0.82	-0.95	0.79	-0.89	-0.22	0.92	0.93	0.92	-0.73	-0.65
Non Currrent Assets Other	-0.16	-0.45	0.68	0.81	0.42	-0.55	0.42	-0.57	0.19	-0.52	-0.52	0.76	0.47	-0.43		0.59	-0.62	0.4	-0.36	0.4	0.13	-0.73	-0.44	-0.45	0.7	0.67
Other Assets	0.58	0.45	0.17	0.23	-0.15	0.17	-0.19	0.2	-0.52	0.08	0.28	0.79	0.06	0.35	0.59		-0.06	-0.21	0.51	-0.13	-0.25	-0.02	0.18	0.45	0.31	0.36
Cash And Short Term Investments	0.48	0.66	-0.96	-0.9	-0.67	0.92	-0.69	0.87	-0.55	0.27	0.82	-0.21	-0.11	0.82	-0.62	-0.06		-0.87	0.52	-0.71	-0.47	0.9	0.72	0.66	-0.86	-0.69
Net Receivables	-0.37	-0.77	0.88	0.85	0.91	-0.96	0.92	-0.95	0.66	-0.53	-0.92	0.17	0.39	-0.95	0.4	-0.21	-0.87		-0.58	0.94	0.13	-0.9	-0.94	-0.77	0.81	0.73
Good Will	0.82	0.94	-0.48	-0.54	-0.57	0.73	-0.62	0.76	-0.61	0.59	0.84	0.15	-0.39	0.79	-0.36	0.51	0.52	-0.58		-0.47	-0.42	0.7	0.63	0.94	-0.38	-0.31
Common Stock Total Equity	-0.13	-0.7	0.77	0.8	0.96	-0.86	0.96	-0.89	0.6	-0.7	-0.84	0.36	0.62	-0.89	0.4	-0.13	-0.71	0.94	-0.47		-0.18	-0.84	-0.96	-0.7	0.76	0.76
Common Stock Shares Outstanding	-0.83	-0.33	0.27	0.14	-0.2	-0.28	-0.15	-0.22	0.37	0.38	-0.24	-0.51	-0.57	-0.22	0.13	-0.25	-0.47	0.13	-0.42	-0.18		-0.2	0.11	-0.33	0.04	-0.23
Short Term Investments	0.44	0.84	-0.92	-0.97	-0.86	0.97	-0.88	0.97	-0.59	0.66	0.95	-0.4	-0.52	0.92	-0.73	-0.02	0.9	-0.9	0.7	-0.84	-0.2		0.9	0.84	-0.88	-0.8
Non Current Liabilities Total	0.24	0.78	-0.81	-0.85	-1.0	0.92	-1.0	0.93	-0.53	0.73	0.93	-0.31	-0.63	0.93	-0.44	0.18	0.72	-0.94	0.63	-0.96	0.11	0.9		0.78	-0.81	-0.82
Capital Lease Obligations	0.74	1.0	-0.62	-0.69	-0.73	0.86	-0.77	0.91	-0.79	0.71	0.93	-0.01	-0.52	0.92	-0.45	0.45	0.66	-0.77	0.94	-0.7	-0.33	0.84	0.78		-0.51	-0.43
Inventory	-0.09	-0.51	0.96	0.95	0.81	-0.85	0.79	-0.79	0.19	-0.42	-0.76	0.52	0.34	-0.73	0.7	0.31	-0.86	0.81	-0.38	0.76	0.04	-0.88	-0.81	-0.51		0.96
Other Current Assets	0.11	-0.43	0.85	0.89	0.84	-0.75	0.81	-0.71	0.06	-0.54	-0.69	0.64	0.51	-0.65	0.67	0.36	-0.69	0.73	-0.31	0.76	-0.23	-0.8	-0.82	-0.43	0.96

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Honest Book Value Per Share vs Operating Cash Flow Per Share Analysis

Book Value Per Share vs Operating Cash Flow Per Share

Book Value Per Share vs Operating Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Book Value Per Share

Operating Cash Flow Per Share

Honest fundamental ratios Correlations

Honest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Retained Earnings
Property Plant And Equipment Net	+ 0.98	Other Liab
Retained Earnings	+ 0.98	Other Liab
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Non Current Liabilities Total	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Cash	- 0.97	Net Debt
Short Term Investments	- 0.97	Total Current Liabilities
Non Current Liabilities Total	- 0.96	Common Stock Total Equity
Net Receivables	- 0.96	Other Liab