Hooker Book Value Per Share vs Ptb Ratio Analysis

HOFT Stock  USD 18.86  0.13  0.69%   
Hooker Furniture financial indicator trend analysis is much more than just examining Hooker Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hooker Furniture is a good investment. Please check the relationship between Hooker Furniture Book Value Per Share and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hooker Furniture. 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.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.

Book Value Per Share vs Ptb Ratio

Book Value Per Share vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hooker Furniture Book Value Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hooker Furniture's Book Value Per Share and Ptb Ratio is -0.23. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Hooker Furniture, assuming nothing else is changed. The correlation between historical values of Hooker Furniture's Book Value Per Share and Ptb Ratio 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 Hooker Furniture are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Book Value Per Share i.e., Hooker Furniture's Book Value Per Share and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Hooker Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hooker Furniture 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 Hooker Furniture. 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.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.Tax Provision is likely to gain to about 5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 50.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense110K519K1.6M1.3M
Depreciation And Amortization7.8M8.8M9.0M6.2M

Hooker Furniture fundamental ratios Correlations

0.530.260.930.970.660.60.950.810.270.950.230.270.890.89-0.020.790.910.660.950.450.950.980.430.590.67
0.530.340.30.490.610.480.460.050.160.670.440.160.190.46-0.380.560.440.350.540.420.340.55-0.250.480.03
0.260.340.330.12-0.020.670.10.19-0.620.310.02-0.620.330.160.020.440.49-0.020.42-0.010.180.170.390.090.45
0.930.30.330.890.440.530.860.950.210.80.090.210.970.810.060.70.890.60.920.260.960.910.620.460.81
0.970.490.120.890.60.460.990.810.380.880.160.380.870.88-0.130.670.870.70.850.390.960.980.310.550.53
0.660.61-0.020.440.60.610.570.180.220.820.620.220.310.640.150.760.480.470.690.780.440.640.020.640.3
0.60.480.670.530.460.610.440.3-0.460.740.48-0.460.490.610.140.880.70.250.750.620.410.510.380.550.62
0.950.460.10.860.990.570.440.80.380.850.150.380.870.87-0.160.660.870.680.820.40.950.950.280.540.5
0.810.050.190.950.810.180.30.80.240.6-0.120.240.970.690.040.460.790.560.740.050.930.80.630.290.74
0.270.16-0.620.210.380.22-0.460.380.240.150.11.00.120.3-0.32-0.01-0.070.340.110.120.360.36-0.160.26-0.12
0.950.670.310.80.880.820.740.850.60.150.410.150.730.850.030.870.830.60.950.610.790.920.340.650.61
0.230.440.020.090.160.620.480.15-0.120.10.410.1-0.060.5-0.290.620.080.160.310.850.040.22-0.270.760.02
0.270.16-0.620.210.380.22-0.460.380.241.00.150.10.120.3-0.32-0.01-0.070.340.110.120.360.36-0.160.26-0.12
0.890.190.330.970.870.310.490.870.970.120.73-0.060.120.760.070.610.90.560.840.160.950.860.640.350.79
0.890.460.160.810.880.640.610.870.690.30.850.50.30.76-0.290.850.770.680.830.710.830.880.260.820.55
-0.02-0.380.020.06-0.130.150.14-0.160.04-0.320.03-0.29-0.320.07-0.29-0.03-0.01-0.250.12-0.19-0.07-0.090.58-0.390.45
0.790.560.440.70.670.760.880.660.46-0.010.870.62-0.010.610.85-0.030.730.420.880.790.630.720.370.770.66
0.910.440.490.890.870.480.70.870.79-0.070.830.08-0.070.90.77-0.010.730.560.870.30.880.860.440.450.66
0.660.35-0.020.60.70.470.250.680.560.340.60.160.340.560.68-0.250.420.560.550.330.660.74-0.010.490.25
0.950.540.420.920.850.690.750.820.740.110.950.310.110.840.830.120.880.870.550.490.850.910.550.590.8
0.450.42-0.010.260.390.780.620.40.050.120.610.850.120.160.71-0.190.790.30.330.490.250.42-0.060.840.2
0.950.340.180.960.960.440.410.950.930.360.790.040.360.950.83-0.070.630.880.660.850.250.940.470.470.66
0.980.550.170.910.980.640.510.950.80.360.920.220.360.860.88-0.090.720.860.740.910.420.940.350.580.6
0.43-0.250.390.620.310.020.380.280.63-0.160.34-0.27-0.160.640.260.580.370.44-0.010.55-0.060.470.35-0.030.91
0.590.480.090.460.550.640.550.540.290.260.650.760.260.350.82-0.390.770.450.490.590.840.470.58-0.030.28
0.670.030.450.810.530.30.620.50.74-0.120.610.02-0.120.790.550.450.660.660.250.80.20.660.60.910.28
Click cells to compare fundamentals

Hooker Furniture Account Relationship Matchups

Hooker Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.7M352.3M374.6M381.7M343.6M241.7M
Short Long Term Debt Total70.2M36.1M54.0M95.3M76.3M38.2M
Other Current Liab9.1M544K(3.6M)21.1M7.6M9.4M
Total Current Liabilities50.1M54.1M56.9M50.0M41.4M32.9M
Total Stockholder Equity274.1M257.5M261.1M236.0M226.0M175.2M
Property Plant And Equipment Net69.4M61.4M79.9M96.0M79.9M45.6M
Net Debt34.2M(29.8M)(15.3M)76.3M33.1M34.7M
Retained Earnings223.3M205.0M207.9M184.4M175.7M155.3M
Accounts Payable25.5M32.2M30.9M16.1M16.5M16.6M
Cash36.0M65.8M69.4M19.0M43.2M29.0M
Non Current Assets Total171.7M128.6M146.8M194.4M178.8M90.0M
Non Currrent Assets Other1.1M893K31.0M37.2M43.2M45.3M
Cash And Short Term Investments36.0M65.8M69.4M19.0M43.2M29.0M
Net Receivables88.4M83.3M78.1M65.2M54.3M52.6M
Common Stock Total Equity51.6M53.3M53.3M50.8M58.4M61.3M
Common Stock Shares Outstanding11.8M11.8M12.0M11.6M10.8M9.6M
Liabilities And Stockholders Equity393.7M352.3M374.6M381.7M343.6M241.7M
Non Current Liabilities Total69.5M40.7M56.5M95.7M76.2M80.0M
Inventory92.8M70.2M75.0M96.7M61.8M65.2M
Other Current Assets4.7M8.9M5.2M6.4M5.5M4.6M
Total Liab119.6M94.8M113.4M145.7M117.6M66.5M
Property Plant And Equipment Gross69.4M61.4M79.9M96.0M127.6M134.0M
Total Current Assets222.0M223.7M227.7M187.3M164.8M151.6M
Common Stock51.6M53.3M53.3M50.8M49.5M25.4M
Other Liab11.4M11.2M9.9M9.0M10.4M9.3M
Other Assets28.9M40.4M42.6M51.7M59.5M62.5M
Long Term Debt45.8M29.6M24.3M22.9M21.5M17.0M
Other Stockholder Equity287K(808K)53.9M50.8M58.4M61.3M
Short Term Debt12.1M13.3M14.9M8.7M8.4M6.1M
Property Plant Equipment29.9M26.8M28.1M27.0M24.3M24.9M
Accumulated Other Comprehensive Income(713K)(808K)(51K)865K734K770.7K
Intangible Assets33.4M26.2M23.9M31.8M28.6M15.4M
Net Tangible Assets200.7M230.8M236.8M189.3M217.7M182.3M
Retained Earnings Total Equity223.3M205.0M207.9M184.4M212.0M164.7M
Deferred Long Term Liab11.4M11.2M9.9M8.2M9.4M9.4M
Current Deferred Revenue3.4M4.3M7.1M8.5M5.9M4.4M
Non Current Liabilities Other33.8M29.4M46.6M87.5M889K844.6K
Short Long Term Debt7.5M5.8M5.8M1.4M1.3M1.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Hooker Stock Analysis

When running Hooker Furniture's price analysis, check to measure Hooker Furniture's 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 Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.