HNI Retained Earnings vs Good Will Analysis

HNI Stock  USD 56.65  0.38  0.68%   
HNI Corp financial indicator trend analysis is much more than just examining HNI Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HNI Corp is a good investment. Please check the relationship between HNI Corp Retained Earnings and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. 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.
For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HNI Corp Retained Earnings account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HNI Corp's Retained Earnings and Good Will is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of HNI Corp, assuming nothing else is changed. The correlation between historical values of HNI Corp's Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of HNI Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., HNI Corp's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from HNI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HNI Corp 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 HNI Corp. 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.
For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.As of now, HNI Corp's Enterprise Value Over EBITDA is decreasing as compared to previous years. The HNI Corp's current Enterprise Value Multiple is estimated to increase to 7.49, while Selling General Administrative is projected to decrease to under 383 M.
 2021 2022 2023 2024 (projected)
Gross Profit757.4M834.9M948.3M637.6M
Total Revenue2.2B2.4B2.4B1.8B

HNI Corp fundamental ratios Correlations

0.530.290.880.970.670.490.930.090.73-0.150.090.85-0.80.640.730.790.150.770.490.940.50.740.920.5-0.78
0.530.640.240.620.960.990.49-0.030.93-0.3-0.020.32-0.420.970.860.380.860.870.910.410.470.280.58-0.14-0.26
0.290.640.020.410.650.630.320.00.59-0.19-0.02-0.1-0.110.590.540.140.710.480.760.10.55-0.060.28-0.31-0.17
0.880.240.020.780.410.20.850.160.540.120.160.95-0.890.410.530.82-0.20.650.180.940.360.910.830.8-0.84
0.970.620.410.780.750.570.950.140.78-0.30.140.76-0.770.70.810.70.270.790.610.90.540.630.890.4-0.75
0.670.960.650.410.750.930.680.050.98-0.320.050.46-0.560.970.940.420.740.930.90.570.490.440.65-0.01-0.49
0.490.990.630.20.570.930.43-0.190.9-0.26-0.180.28-0.360.950.840.370.870.840.920.340.470.240.54-0.19-0.22
0.930.490.320.850.950.680.430.20.72-0.270.180.83-0.840.610.790.650.070.750.490.930.480.740.80.54-0.9
0.09-0.030.00.160.140.05-0.190.20.06-0.160.990.07-0.270.020.0-0.08-0.090.09-0.140.27-0.090.150.090.28-0.16
0.730.930.590.540.780.980.90.720.06-0.160.070.59-0.690.980.920.560.660.980.850.650.460.550.760.18-0.54
-0.15-0.3-0.190.12-0.3-0.32-0.26-0.27-0.16-0.16-0.110.09-0.09-0.18-0.430.16-0.23-0.08-0.38-0.13-0.30.10.060.390.14
0.09-0.02-0.020.160.140.05-0.180.180.990.07-0.110.08-0.290.03-0.02-0.05-0.070.1-0.140.27-0.090.140.130.31-0.12
0.850.32-0.10.950.760.460.280.830.070.590.090.08-0.890.480.580.77-0.150.70.210.930.240.920.810.77-0.81
-0.8-0.42-0.11-0.89-0.77-0.56-0.36-0.84-0.27-0.69-0.09-0.29-0.89-0.57-0.64-0.80.02-0.77-0.35-0.9-0.29-0.81-0.86-0.820.77
0.640.970.590.410.70.970.950.610.020.98-0.180.030.48-0.570.890.480.760.950.870.540.40.450.680.03-0.42
0.730.860.540.530.810.940.840.790.00.92-0.43-0.020.58-0.640.890.520.530.890.860.690.510.560.650.12-0.65
0.790.380.140.820.70.420.370.65-0.080.560.16-0.050.77-0.80.480.520.030.640.370.780.360.690.880.67-0.59
0.150.860.71-0.20.270.740.870.07-0.090.66-0.23-0.07-0.150.020.760.530.030.540.81-0.050.35-0.180.25-0.510.2
0.770.870.480.650.790.930.840.750.090.98-0.080.10.7-0.770.950.890.640.540.760.730.430.680.80.31-0.62
0.490.910.760.180.610.90.920.49-0.140.85-0.38-0.140.21-0.350.870.860.370.810.760.340.460.170.51-0.2-0.25
0.940.410.10.940.90.570.340.930.270.65-0.130.270.93-0.90.540.690.78-0.050.730.340.380.860.860.69-0.85
0.50.470.550.360.540.490.470.48-0.090.46-0.3-0.090.24-0.290.40.510.360.350.430.460.380.170.430.01-0.29
0.740.28-0.060.910.630.440.240.740.150.550.10.140.92-0.810.450.560.69-0.180.680.170.860.170.670.7-0.84
0.920.580.280.830.890.650.540.80.090.760.060.130.81-0.860.680.650.880.250.80.510.860.430.670.6-0.61
0.5-0.14-0.310.80.4-0.01-0.190.540.280.180.390.310.77-0.820.030.120.67-0.510.31-0.20.690.010.70.6-0.6
-0.78-0.26-0.17-0.84-0.75-0.49-0.22-0.9-0.16-0.540.14-0.12-0.810.77-0.42-0.65-0.590.2-0.62-0.25-0.85-0.29-0.84-0.61-0.6
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HNI Corp Account Relationship Matchups

HNI Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.5B1.4B1.9B1.0B
Short Long Term Debt Total257.8M254.7M274.5M300.7M578M606.9M
Other Current Liab1.9M173.0M216.6M173.2M232.2M243.8M
Total Current Liabilities478.7M439.0M506.4M395.1M463.7M310.5M
Total Stockholder Equity584.0M590.4M589.6M616.5M761.4M456.8M
Property Plant And Equipment Net456.5M442.3M459.8M452.5M682.6M716.7M
Net Debt205.8M138.6M222.3M283.3M549.1M576.6M
Retained Earnings529.7M518.0M514.6M534M523.6M395.8M
Cash52.1M116.1M52.3M17.4M28.9M53.7M
Non Current Assets Total923.7M922.3M974.4M945.5M1.4B1.5B
Non Currrent Assets Other7.9M7.1M43.1M(20.1M)39.1M68.8M
Cash And Short Term Investments53.2M117.8M53.7M19.4M34.5M59.1M
Net Receivables274.6M202.5M237.1M218.1M246.7M195.1M
Common Stock Shares Outstanding43.5M43.0M44.0M42.2M45.4M44.8M
Liabilities And Stockholders Equity1.5B1.4B1.5B1.4B1.9B1.0B
Non Current Liabilities Total389.4M388.3M401.5M402.6M703.4M738.6M
Inventory163.5M137.8M181.6M180.1M196.6M206.4M
Other Current Assets37.6M37.7M51.1M51.6M58.1M36.6M
Other Stockholder Equity19.8M38.7M39.2M49.1M201.5M211.6M
Total Liab868.1M827.3M907.9M797.7M1.2B1.2B
Property Plant And Equipment Gross456.5M442.3M948.7M1.0B1.3B1.4B
Total Current Assets528.8M495.7M523.5M469.2M535.9M384.8M
Accumulated Other Comprehensive Income(8.1M)(9.2M)(6.8M)(8M)(10.6M)(11.1M)
Short Term Debt23.6M22.4M28.8M25.3M37.8M19.0M
Accounts Payable227.6M190.5M233.8M165.3M193.7M187.2M
Good Will270.8M292.4M297.3M305.9M441M258.1M
Common Stock Total Equity43.6M42.6M42.9M42.6M38.3M38.4M
Short Term Investments1.1M1.7M1.4M2M5.6M6.4M
Common Stock42.6M42.9M42.6M41.4M46.9M38.2M
Intangible Assets174.9M166.5M174.2M133.9M210.8M159.0M
Other Liab155.2M156.0M155.7M127.2M146.3M93.0M
Other Assets8.4M21.1M43.1M(200K)(180K)(171K)
Long Term Debt174.4M174.5M174.6M188.8M428.3M449.7M
Property Plant Equipment381.5M366.0M459.8M452.3M520.1M369.9M
Current Deferred Revenue225.6M223.1M240.0M31.3M35.6M33.8M
Net Tangible Assets198.1M189.3M118.1M176.7M203.2M164.5M
Noncontrolling Interest In Consolidated Entity509K326K324K323K371.5K302.3K
Retained Earnings Total Equity504.9M529.7M518.0M514.6M591.8M446.4M
Long Term Debt Total174.4M174.5M182.0M196.5M226.0M204.5M

Currently Active Assets on Macroaxis

When determining whether HNI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hni Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. 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.
For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Commercial Services & Supplies 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 HNI Corp. If investors know HNI 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 HNI Corp 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
0.225
Dividend Share
1.3
Earnings Share
2.58
Revenue Per Share
54.402
Quarterly Revenue Growth
(0.06)
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp's 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 HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp's 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 HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp's 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.