Hooker Net Debt vs Cash Analysis

HOFT Stock

USD 18.63 0.46 2.53%

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 Net Debt and its Cash 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hooker Furniture Net Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hooker Furniture's Net Debt and Cash is -0.46. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hooker Furniture are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Hooker Furniture's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Hooker Furniture, which is listed under current asset account on Hooker Furniture balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hooker Furniture customers. The amounts must be unrestricted with restricted cash listed in a different Hooker Furniture account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Expense	110K	519K	1.6M	1.3M
Depreciation And Amortization	7.8M	8.8M	9.0M	6.2M

Interest Expense Depreciation And Amortization

Hooker Furniture fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.53	0.26	0.93	0.97	0.66	0.6	0.95	0.81	0.27	0.95	0.23	0.27	0.89	0.89	-0.02	0.79	0.91	0.66	0.95	0.45	0.95	0.98	0.43	0.59	0.67
Short Long Term Debt Total	0.53		0.34	0.3	0.49	0.61	0.48	0.46	0.05	0.16	0.67	0.44	0.16	0.19	0.46	-0.38	0.56	0.44	0.35	0.54	0.42	0.34	0.55	-0.25	0.48	0.03
Other Current Liab	0.26	0.34		0.33	0.12	-0.02	0.67	0.1	0.19	-0.62	0.31	0.02	-0.62	0.33	0.16	0.02	0.44	0.49	-0.02	0.42	-0.01	0.18	0.17	0.39	0.09	0.45
Total Current Liabilities	0.93	0.3	0.33		0.89	0.44	0.53	0.86	0.95	0.21	0.8	0.09	0.21	0.97	0.81	0.06	0.7	0.89	0.6	0.92	0.26	0.96	0.91	0.62	0.46	0.81
Total Stockholder Equity	0.97	0.49	0.12	0.89		0.6	0.46	0.99	0.81	0.38	0.88	0.16	0.38	0.87	0.88	-0.13	0.67	0.87	0.7	0.85	0.39	0.96	0.98	0.31	0.55	0.53
Property Plant And Equipment Net	0.66	0.61	-0.02	0.44	0.6		0.61	0.57	0.18	0.22	0.82	0.62	0.22	0.31	0.64	0.15	0.76	0.48	0.47	0.69	0.78	0.44	0.64	0.02	0.64	0.3
Net Debt	0.6	0.48	0.67	0.53	0.46	0.61		0.44	0.3	-0.46	0.74	0.48	-0.46	0.49	0.61	0.14	0.88	0.7	0.25	0.75	0.62	0.41	0.51	0.38	0.55	0.62
Retained Earnings	0.95	0.46	0.1	0.86	0.99	0.57	0.44		0.8	0.38	0.85	0.15	0.38	0.87	0.87	-0.16	0.66	0.87	0.68	0.82	0.4	0.95	0.95	0.28	0.54	0.5
Accounts Payable	0.81	0.05	0.19	0.95	0.81	0.18	0.3	0.8		0.24	0.6	-0.12	0.24	0.97	0.69	0.04	0.46	0.79	0.56	0.74	0.05	0.93	0.8	0.63	0.29	0.74
Cash	0.27	0.16	-0.62	0.21	0.38	0.22	-0.46	0.38	0.24		0.15	0.1	1.0	0.12	0.3	-0.32	-0.01	-0.07	0.34	0.11	0.12	0.36	0.36	-0.16	0.26	-0.12
Non Current Assets Total	0.95	0.67	0.31	0.8	0.88	0.82	0.74	0.85	0.6	0.15		0.41	0.15	0.73	0.85	0.03	0.87	0.83	0.6	0.95	0.61	0.79	0.92	0.34	0.65	0.61
Non Currrent Assets Other	0.23	0.44	0.02	0.09	0.16	0.62	0.48	0.15	-0.12	0.1	0.41		0.1	-0.06	0.5	-0.29	0.62	0.08	0.16	0.31	0.85	0.04	0.22	-0.27	0.76	0.02
Cash And Short Term Investments	0.27	0.16	-0.62	0.21	0.38	0.22	-0.46	0.38	0.24	1.0	0.15	0.1		0.12	0.3	-0.32	-0.01	-0.07	0.34	0.11	0.12	0.36	0.36	-0.16	0.26	-0.12
Net Receivables	0.89	0.19	0.33	0.97	0.87	0.31	0.49	0.87	0.97	0.12	0.73	-0.06	0.12		0.76	0.07	0.61	0.9	0.56	0.84	0.16	0.95	0.86	0.64	0.35	0.79
Common Stock Total Equity	0.89	0.46	0.16	0.81	0.88	0.64	0.61	0.87	0.69	0.3	0.85	0.5	0.3	0.76		-0.29	0.85	0.77	0.68	0.83	0.71	0.83	0.88	0.26	0.82	0.55
Common Stock Shares Outstanding	-0.02	-0.38	0.02	0.06	-0.13	0.15	0.14	-0.16	0.04	-0.32	0.03	-0.29	-0.32	0.07	-0.29		-0.03	-0.01	-0.25	0.12	-0.19	-0.07	-0.09	0.58	-0.39	0.45
Non Current Liabilities Total	0.79	0.56	0.44	0.7	0.67	0.76	0.88	0.66	0.46	-0.01	0.87	0.62	-0.01	0.61	0.85	-0.03		0.73	0.42	0.88	0.79	0.63	0.72	0.37	0.77	0.66
Inventory	0.91	0.44	0.49	0.89	0.87	0.48	0.7	0.87	0.79	-0.07	0.83	0.08	-0.07	0.9	0.77	-0.01	0.73		0.56	0.87	0.3	0.88	0.86	0.44	0.45	0.66
Other Current Assets	0.66	0.35	-0.02	0.6	0.7	0.47	0.25	0.68	0.56	0.34	0.6	0.16	0.34	0.56	0.68	-0.25	0.42	0.56		0.55	0.33	0.66	0.74	-0.01	0.49	0.25
Total Liab	0.95	0.54	0.42	0.92	0.85	0.69	0.75	0.82	0.74	0.11	0.95	0.31	0.11	0.84	0.83	0.12	0.88	0.87	0.55		0.49	0.85	0.91	0.55	0.59	0.8
Property Plant And Equipment Gross	0.45	0.42	-0.01	0.26	0.39	0.78	0.62	0.4	0.05	0.12	0.61	0.85	0.12	0.16	0.71	-0.19	0.79	0.3	0.33	0.49		0.25	0.42	-0.06	0.84	0.2
Total Current Assets	0.95	0.34	0.18	0.96	0.96	0.44	0.41	0.95	0.93	0.36	0.79	0.04	0.36	0.95	0.83	-0.07	0.63	0.88	0.66	0.85	0.25		0.94	0.47	0.47	0.66
Common Stock	0.98	0.55	0.17	0.91	0.98	0.64	0.51	0.95	0.8	0.36	0.92	0.22	0.36	0.86	0.88	-0.09	0.72	0.86	0.74	0.91	0.42	0.94		0.35	0.58	0.6
Other Liab	0.43	-0.25	0.39	0.62	0.31	0.02	0.38	0.28	0.63	-0.16	0.34	-0.27	-0.16	0.64	0.26	0.58	0.37	0.44	-0.01	0.55	-0.06	0.47	0.35		-0.03	0.91
Other Assets	0.59	0.48	0.09	0.46	0.55	0.64	0.55	0.54	0.29	0.26	0.65	0.76	0.26	0.35	0.82	-0.39	0.77	0.45	0.49	0.59	0.84	0.47	0.58	-0.03		0.28
Long Term Debt	0.67	0.03	0.45	0.81	0.53	0.3	0.62	0.5	0.74	-0.12	0.61	0.02	-0.12	0.79	0.55	0.45	0.66	0.66	0.25	0.8	0.2	0.66	0.6	0.91	0.28

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Hooker Furniture Account Relationship Matchups

Hooker Furniture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	393.7M	352.3M	374.6M	381.7M	343.6M	241.7M
Short Long Term Debt Total	70.2M	36.1M	54.0M	95.3M	76.3M	38.2M
Other Current Liab	9.1M	544K	(3.6M)	21.1M	7.6M	9.4M
Total Current Liabilities	50.1M	54.1M	56.9M	50.0M	41.4M	32.9M
Total Stockholder Equity	274.1M	257.5M	261.1M	236.0M	226.0M	175.2M
Property Plant And Equipment Net	69.4M	61.4M	79.9M	96.0M	79.9M	45.6M
Net Debt	34.2M	(29.8M)	(15.3M)	76.3M	33.1M	34.7M
Retained Earnings	223.3M	205.0M	207.9M	184.4M	175.7M	155.3M
Accounts Payable	25.5M	32.2M	30.9M	16.1M	16.5M	16.6M
Cash	36.0M	65.8M	69.4M	19.0M	43.2M	29.0M
Non Current Assets Total	171.7M	128.6M	146.8M	194.4M	178.8M	90.0M
Non Currrent Assets Other	1.1M	893K	31.0M	37.2M	43.2M	45.3M
Cash And Short Term Investments	36.0M	65.8M	69.4M	19.0M	43.2M	29.0M
Net Receivables	88.4M	83.3M	78.1M	65.2M	54.3M	52.6M
Common Stock Total Equity	51.6M	53.3M	53.3M	50.8M	58.4M	61.3M
Common Stock Shares Outstanding	11.8M	11.8M	12.0M	11.6M	10.8M	9.6M
Liabilities And Stockholders Equity	393.7M	352.3M	374.6M	381.7M	343.6M	241.7M
Non Current Liabilities Total	69.5M	40.7M	56.5M	95.7M	76.2M	80.0M
Inventory	92.8M	70.2M	75.0M	96.7M	61.8M	65.2M
Other Current Assets	4.7M	8.9M	5.2M	6.4M	5.5M	4.6M
Total Liab	119.6M	94.8M	113.4M	145.7M	117.6M	66.5M
Property Plant And Equipment Gross	69.4M	61.4M	79.9M	96.0M	127.6M	134.0M
Total Current Assets	222.0M	223.7M	227.7M	187.3M	164.8M	151.6M
Common Stock	51.6M	53.3M	53.3M	50.8M	49.5M	25.4M
Other Liab	11.4M	11.2M	9.9M	9.0M	10.4M	9.3M
Other Assets	28.9M	40.4M	42.6M	51.7M	59.5M	62.5M
Long Term Debt	45.8M	29.6M	24.3M	22.9M	21.5M	17.0M
Other Stockholder Equity	287K	(808K)	53.9M	50.8M	58.4M	61.3M
Short Term Debt	12.1M	13.3M	14.9M	8.7M	8.4M	6.1M
Property Plant Equipment	29.9M	26.8M	28.1M	27.0M	24.3M	24.9M
Accumulated Other Comprehensive Income	(713K)	(808K)	(51K)	865K	734K	770.7K
Intangible Assets	33.4M	26.2M	23.9M	31.8M	28.6M	15.4M
Net Tangible Assets	200.7M	230.8M	236.8M	189.3M	217.7M	182.3M
Retained Earnings Total Equity	223.3M	205.0M	207.9M	184.4M	212.0M	164.7M
Deferred Long Term Liab	11.4M	11.2M	9.9M	8.2M	9.4M	9.4M
Current Deferred Revenue	3.4M	4.3M	7.1M	8.5M	5.9M	4.4M
Non Current Liabilities Other	33.8M	29.4M	46.6M	87.5M	889K	844.6K
Short Long Term Debt	7.5M	5.8M	5.8M	1.4M	1.3M	1.2M

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