Home Net Tangible Assets vs Other Current Liab Analysis

HMC Stock   12.33  0.21  1.67%   
Home Consortium financial indicator trend analysis is much more than just examining Home Consortium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Consortium is a good investment. Please check the relationship between Home Consortium Net Tangible Assets and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Consortium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Consortium Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Home Consortium's Net Tangible Assets and Other Current Liab is -0.55. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Home Consortium, assuming nothing else is changed. The correlation between historical values of Home Consortium's Net Tangible Assets and Other Current Liab 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 Tangible Assets of Home Consortium are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Home Consortium's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

Most indicators from Home Consortium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Consortium 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 Home Consortium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Home Consortium's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 11.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 16.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.5M8.4M2M1.9M
Interest Income255K70.8M81.4M85.5M

Home Consortium fundamental ratios Correlations

0.060.550.89-0.440.790.08-0.630.840.760.26-0.43-0.2-0.260.70.72-0.70.50.81-0.62-0.55-0.590.210.76-0.6-0.44
0.06-0.15-0.29-0.32-0.21-0.540.53-0.31-0.21-0.790.810.60.870.03-0.590.13-0.71-0.330.340.720.590.460.060.180.65
0.55-0.150.4-0.030.89-0.44-0.440.790.240.34-0.510.29-0.140.830.39-0.970.280.36-0.19-0.42-0.30.680.72-0.89-0.07
0.89-0.290.4-0.460.750.43-0.830.840.880.48-0.68-0.54-0.650.570.94-0.580.780.93-0.84-0.84-0.87-0.180.67-0.56-0.78
-0.44-0.32-0.03-0.46-0.34-0.140.52-0.34-0.730.450.14-0.070.08-0.53-0.280.16-0.18-0.190.250.240.260.08-0.210.250.24
0.79-0.210.890.75-0.34-0.14-0.730.960.620.38-0.67-0.03-0.40.90.72-0.950.510.66-0.54-0.7-0.620.410.83-0.93-0.44
0.08-0.54-0.440.43-0.14-0.14-0.40.080.440.44-0.43-0.87-0.74-0.350.520.310.650.48-0.57-0.54-0.66-0.92-0.140.18-0.77
-0.630.53-0.44-0.830.52-0.73-0.4-0.83-0.9-0.380.90.420.75-0.67-0.90.53-0.77-0.630.560.880.760.17-0.370.570.74
0.84-0.310.790.84-0.340.960.08-0.830.730.44-0.77-0.24-0.520.830.83-0.870.610.75-0.61-0.78-0.720.250.76-0.87-0.58
0.76-0.210.240.88-0.730.620.44-0.90.730.14-0.65-0.41-0.560.620.83-0.390.660.66-0.59-0.72-0.69-0.220.37-0.4-0.67
0.26-0.790.340.480.450.380.44-0.380.440.14-0.67-0.6-0.760.00.65-0.390.750.67-0.62-0.72-0.72-0.290.39-0.36-0.64
-0.430.81-0.51-0.680.14-0.67-0.430.9-0.77-0.65-0.670.480.87-0.51-0.860.55-0.84-0.590.510.920.780.2-0.310.580.74
-0.20.60.29-0.54-0.07-0.03-0.870.42-0.24-0.41-0.60.480.770.29-0.67-0.16-0.59-0.640.730.650.710.76-0.08-0.020.87
-0.260.87-0.14-0.650.08-0.4-0.740.75-0.52-0.56-0.760.870.77-0.12-0.830.23-0.89-0.650.710.930.880.6-0.210.330.92
0.70.030.830.57-0.530.9-0.35-0.670.830.620.0-0.510.29-0.120.49-0.860.290.35-0.2-0.45-0.310.570.62-0.8-0.14
0.72-0.590.390.94-0.280.720.52-0.90.830.830.65-0.86-0.67-0.830.49-0.530.850.87-0.81-0.95-0.91-0.280.54-0.55-0.89
-0.70.13-0.97-0.580.16-0.950.310.53-0.87-0.39-0.390.55-0.160.23-0.86-0.53-0.41-0.550.380.530.47-0.57-0.840.920.22
0.5-0.710.280.78-0.180.510.65-0.770.610.660.75-0.84-0.59-0.890.290.85-0.410.76-0.7-0.89-0.89-0.470.35-0.37-0.8
0.81-0.330.360.93-0.190.660.48-0.630.750.660.67-0.59-0.64-0.650.350.87-0.550.76-0.93-0.8-0.9-0.230.75-0.55-0.8
-0.620.34-0.19-0.840.25-0.54-0.570.56-0.61-0.59-0.620.510.730.71-0.2-0.810.38-0.7-0.930.80.920.4-0.690.490.88
-0.550.72-0.42-0.840.24-0.7-0.540.88-0.78-0.72-0.720.920.650.93-0.45-0.950.53-0.89-0.80.80.950.33-0.510.610.91
-0.590.59-0.3-0.870.26-0.62-0.660.76-0.72-0.69-0.720.780.710.88-0.31-0.910.47-0.89-0.90.920.950.44-0.590.560.94
0.210.460.68-0.180.080.41-0.920.170.25-0.22-0.290.20.760.60.57-0.28-0.57-0.47-0.230.40.330.440.37-0.450.6
0.760.060.720.67-0.210.83-0.14-0.370.760.370.39-0.31-0.08-0.210.620.54-0.840.350.75-0.69-0.51-0.590.37-0.84-0.38
-0.60.18-0.89-0.560.25-0.930.180.57-0.87-0.4-0.360.58-0.020.33-0.8-0.550.92-0.37-0.550.490.610.56-0.45-0.840.37
-0.440.65-0.07-0.780.24-0.44-0.770.74-0.58-0.67-0.640.740.870.92-0.14-0.890.22-0.8-0.80.880.910.940.6-0.380.37
Click cells to compare fundamentals

Home Consortium Account Relationship Matchups

Home Consortium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B982.4M913.0M1.3B1.8B1.3B
Short Long Term Debt Total507.6M255.2M4.3M90.0M202M209.3M
Total Current Liabilities9.1M8.8M20.6M16.3M242.6M254.7M
Total Stockholder Equity729.5M706.9M846.0M1.0B1.2B902.7M
Retained Earnings(2.9B)(3.0B)(3.0B)(2.9B)(2.9B)(3.1B)
Cash29.6M11.7M57.6M48.8M194.5M204.2M
Other Assets149.6M782.3M660.7M1.1B99.1M94.1M
Cash And Short Term Investments29.6M11.7M57.6M115.7M186.6M195.9M
Net Receivables4.2M6.1M16.2M22.1M20.3M14.7M
Common Stock Shares Outstanding(0.11)167.3M273.2M295.3M352.5M248.5M
Long Term Debt Total494.9M253.2M3.6M2.8M2.6M2.4M
Liabilities And Stockholders Equity1.3B982.4M913.0M1.3B1.8B1.3B
Other Current Assets(33.7M)(25.7M)(89.8M)(137.7M)9.2M9.7M
Total Liab548.1M271.4M66.9M144.4M281M262.7M
Total Current Assets29.6M11.7M57.6M48.8M186.6M195.9M
Short Term Debt9.6M410K1.4M87.9M200.9M210.9M
Common Stock3.6B3.7B5.0B5.2B5.4B4.7B
Other Current Liab17.0M11.7M25.6M18.3M(203.2M)(193.0M)
Net Tangible Assets729.5M706.9M659.2M846.9M973.9M740.6M
Property Plant And Equipment Net466K277K7.9M5.9M3.9M3.7M
Net Debt478.0M243.5M(53.2M)41.2M7.5M7.1M
Accounts Payable21.7M4.3M3.2M286K2.3M2.2M
Non Current Assets Total1.1B188.4M194.7M192.7M1.5B1.6B
Non Currrent Assets Other956.9M484.9M5.2M55.6M1.4B1.5B
Non Current Liabilities Total364.5M255.0M36.7M37.9M281M196.0M
Capital Lease Obligations143.1M277K4.3M3.6M2.9M2.8M
Inventory29.6M482.4M14.9M66.9M1.2M1.1M
Other Stockholder Equity500K2.1M(1.2B)(328K)(1.5M)(1.6M)
Net Invested Capital1.1B960.0M846.0M1.1B1.4B1.2B
Accumulated Other Comprehensive Income39.1M4.0M(1.2B)(1.2B)(1.2B)(1.2B)
Capital Stock3.6B3.7B5.0B5.2B5.4B4.9B
Net Working Capital(10.2M)493.6M76.4M83.9M44M41.8M
Property Plant Equipment1.1B188.4M7.9M5.9M5.3M5.1M

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