Hennessy Other Current Assets vs Retained Earnings Analysis

HNNA Stock

USD 12.40 0.23 1.89%

Hennessy financial indicator trend analysis is much more than just examining Hennessy Ad latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hennessy Ad is a good investment. Please check the relationship between Hennessy Other Current Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hennessy Ad Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hennessy's Other Current Assets and Retained Earnings is 0.67. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hennessy Ad, assuming nothing else is changed. The correlation between historical values of Hennessy's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Hennessy Ad are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Hennessy's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.

Most indicators from Hennessy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hennessy Ad 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 Hennessy Ad. 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 present, Hennessy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.5 M, whereas Issuance Of Capital Stock is forecasted to decline to about 15.7 K.

	2022	2023	2024	2025 (projected)
Gross Profit	12.0M	20.6M	23.7M	19.0M
Total Revenue	24.0M	29.6M	34.1M	25.5M

Gross Profit Total Revenue

Hennessy 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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Common Stock Total Equity	Property Plant And Equipment Gross	Inventory	Other Current Assets
Total Assets		0.74	0.27	0.02	0.94	0.82	-0.61	0.92	-0.12	0.9	0.71	0.73	-0.05	0.9	-0.1	-0.05	0.88	0.86	-0.72	0.83	0.92	0.81	0.76	0.81	-0.58	0.72
Short Long Term Debt Total	0.74		0.34	0.2	0.46	0.49	-0.12	0.43	-0.27	0.72	0.42	0.24	-0.4	0.72	-0.08	0.11	0.45	0.97	-0.24	0.98	0.75	0.41	0.31	0.52	0.01	0.53
Other Current Liab	0.27	0.34		0.91	0.12	-0.06	0.31	0.1	0.12	-0.06	0.6	0.04	-0.1	-0.06	0.65	0.54	0.31	0.27	0.18	0.43	-0.01	0.27	0.15	-0.17	0.14	0.19
Total Current Liabilities	0.02	0.2	0.91		-0.13	-0.31	0.57	-0.15	0.19	-0.3	0.38	-0.14	-0.16	-0.3	0.79	0.44	0.04	0.08	0.45	0.25	-0.25	-0.02	-0.11	-0.43	0.35	0.08
Total Stockholder Equity	0.94	0.46	0.12	-0.13		0.84	-0.77	1.0	-0.02	0.85	0.69	0.84	0.13	0.85	-0.14	-0.14	0.92	0.63	-0.84	0.59	0.86	0.85	0.84	0.82	-0.78	0.68
Property Plant And Equipment Net	0.82	0.49	-0.06	-0.31	0.84		-0.69	0.83	-0.24	0.82	0.44	0.81	-0.04	0.82	-0.44	-0.27	0.75	0.65	-0.81	0.58	0.82	0.66	0.66	0.93	-0.61	0.68
Net Debt	-0.61	-0.12	0.31	0.57	-0.77	-0.69		-0.79	-0.01	-0.77	-0.23	-0.71	-0.09	-0.77	0.57	0.4	-0.61	-0.3	0.78	-0.19	-0.73	-0.59	-0.65	-0.76	0.86	-0.47
Retained Earnings	0.92	0.43	0.1	-0.15	1.0	0.83	-0.79		0.0	0.84	0.67	0.85	0.14	0.84	-0.15	-0.17	0.91	0.6	-0.84	0.56	0.85	0.85	0.84	0.82	-0.8	0.67
Accounts Payable	-0.12	-0.27	0.12	0.19	-0.02	-0.24	-0.01	0.0		-0.19	0.03	0.13	0.19	-0.19	0.09	0.06	-0.06	-0.29	0.03	-0.25	-0.2	-0.06	-0.05	-0.31	-0.36	0.21
Cash	0.9	0.72	-0.06	-0.3	0.85	0.82	-0.77	0.84	-0.19		0.41	0.67	-0.18	1.0	-0.45	-0.25	0.71	0.83	-0.71	0.75	1.0	0.67	0.65	0.87	-0.59	0.7
Non Current Assets Total	0.71	0.42	0.6	0.38	0.69	0.44	-0.23	0.67	0.03	0.41		0.48	0.15	0.41	0.43	0.33	0.84	0.5	-0.49	0.55	0.45	0.89	0.84	0.42	-0.42	0.37
Non Currrent Assets Other	0.73	0.24	0.04	-0.14	0.84	0.81	-0.71	0.85	0.13	0.67	0.48		0.2	0.67	-0.26	-0.28	0.72	0.39	-0.68	0.35	0.67	0.64	0.67	0.65	-0.73	0.69
Other Assets	-0.05	-0.4	-0.1	-0.16	0.13	-0.04	-0.09	0.14	0.19	-0.18	0.15	0.2		-0.18	0.05	-0.06	0.1	-0.3	-0.29	-0.32	-0.19	0.13	0.15	-0.15	-0.26	-0.15
Cash And Short Term Investments	0.9	0.72	-0.06	-0.3	0.85	0.82	-0.77	0.84	-0.19	1.0	0.41	0.67	-0.18		-0.45	-0.25	0.71	0.83	-0.71	0.75	1.0	0.67	0.65	0.87	-0.59	0.7
Net Receivables	-0.1	-0.08	0.65	0.79	-0.14	-0.44	0.57	-0.15	0.09	-0.45	0.43	-0.26	0.05	-0.45		0.49	0.07	-0.15	0.38	-0.01	-0.4	0.07	0.03	-0.44	0.28	-0.26
Common Stock Shares Outstanding	-0.05	0.11	0.54	0.44	-0.14	-0.27	0.4	-0.17	0.06	-0.25	0.33	-0.28	-0.06	-0.25	0.49		0.07	0.04	0.3	0.12	-0.22	0.15	-0.03	-0.28	0.33	-0.23
Short Term Investments	0.88	0.45	0.31	0.04	0.92	0.75	-0.61	0.91	-0.06	0.71	0.84	0.72	0.1	0.71	0.07	0.07		0.6	-0.8	0.59	0.73	0.92	0.89	0.73	-0.68	0.58
Non Current Liabilities Total	0.86	0.97	0.27	0.08	0.63	0.65	-0.3	0.6	-0.29	0.83	0.5	0.39	-0.3	0.83	-0.15	0.04	0.6		-0.44	0.98	0.86	0.55	0.46	0.68	-0.17	0.61
Other Stockholder Equity	-0.72	-0.24	0.18	0.45	-0.84	-0.81	0.78	-0.84	0.03	-0.71	-0.49	-0.68	-0.29	-0.71	0.38	0.3	-0.8	-0.44		-0.35	-0.7	-0.73	-0.77	-0.84	0.82	-0.51
Total Liab	0.83	0.98	0.43	0.25	0.59	0.58	-0.19	0.56	-0.25	0.75	0.55	0.35	-0.32	0.75	-0.01	0.12	0.59	0.98	-0.35		0.79	0.53	0.43	0.58	-0.11	0.61
Total Current Assets	0.92	0.75	-0.01	-0.25	0.86	0.82	-0.73	0.85	-0.2	1.0	0.45	0.67	-0.19	1.0	-0.4	-0.22	0.73	0.86	-0.7	0.79		0.68	0.66	0.86	-0.57	0.72
Common Stock	0.81	0.41	0.27	-0.02	0.85	0.66	-0.59	0.85	-0.06	0.67	0.89	0.64	0.13	0.67	0.07	0.15	0.92	0.55	-0.73	0.53	0.68		0.97	0.68	-0.65	0.48
Common Stock Total Equity	0.76	0.31	0.15	-0.11	0.84	0.66	-0.65	0.84	-0.05	0.65	0.84	0.67	0.15	0.65	0.03	-0.03	0.89	0.46	-0.77	0.43	0.66	0.97		0.71	-0.73	0.44
Property Plant And Equipment Gross	0.81	0.52	-0.17	-0.43	0.82	0.93	-0.76	0.82	-0.31	0.87	0.42	0.65	-0.15	0.87	-0.44	-0.28	0.73	0.68	-0.84	0.58	0.86	0.68	0.71		-0.64	0.52
Inventory	-0.58	0.01	0.14	0.35	-0.78	-0.61	0.86	-0.8	-0.36	-0.59	-0.42	-0.73	-0.26	-0.59	0.28	0.33	-0.68	-0.17	0.82	-0.11	-0.57	-0.65	-0.73	-0.64		-0.52
Other Current Assets	0.72	0.53	0.19	0.08	0.68	0.68	-0.47	0.67	0.21	0.7	0.37	0.69	-0.15	0.7	-0.26	-0.23	0.58	0.61	-0.51	0.61	0.72	0.48	0.44	0.52	-0.52

Click cells to compare fundamentals

Hennessy Account Relationship Matchups

Hennessy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	101.9M	143.7M	145.7M	152.1M	174.9M	183.7M
Short Long Term Debt Total	1.0M	39.5M	39.4M	40.5M	46.6M	48.9M
Other Current Liab	3.8M	3.2M	3.2M	4.4M	5.1M	3.3M
Total Current Liabilities	5.6M	4.7M	4.2M	5.0M	5.7M	6.0M
Total Stockholder Equity	83.3M	86.3M	87.8M	91.3M	105.0M	110.3M
Property Plant And Equipment Net	1.3M	971K	600K	1.4M	1.6M	1.7M
Net Debt	(14.8M)	(19.0M)	(21.0M)	(23.4M)	(21.1M)	(20.0M)
Retained Earnings	63.3M	65.3M	66.0M	68.7M	79.0M	83.0M
Cash	15.8M	58.5M	60.5M	63.9M	73.5M	77.2M
Non Current Assets Total	82.2M	82.0M	82.0M	83.8M	96.4M	51.1M
Non Currrent Assets Other	68.4M	67.5M	156K	82.4M	94.8M	99.5M
Other Assets	192K	81.1M	235K	156K	179.4K	170.4K
Cash And Short Term Investments	15.8M	58.5M	60.5M	63.9M	73.5M	77.2M
Net Receivables	3.1M	2.2M	2.5M	562K	646.3K	614.0K
Common Stock Shares Outstanding	7.4M	7.6M	7.6M	7.7M	6.9M	6.4M
Liabilities And Stockholders Equity	101.9M	143.7M	145.7M	152.1M	174.9M	183.7M
Non Current Liabilities Total	13.1M	52.6M	53.8M	55.8M	64.2M	67.4M
Other Stockholder Equity	(137.7M)	(146.6M)	(65.3M)	(153.7M)	(138.3M)	(131.4M)
Total Liab	18.6M	57.4M	58.0M	60.8M	69.9M	73.4M
Total Current Assets	19.7M	61.7M	63.7M	68.3M	78.5M	82.4M
Common Stock	20.0M	21.0M	21.8M	22.6M	26.0M	13.3M
Property Plant And Equipment Gross	3.2M	3.0M	2.9M	2.9M	3.4M	3.5M
Inventory	(2.4M)	(2.8M)	(2.1M)	(2.0M)	(1.8M)	(1.7M)
Other Current Assets	788K	753K	669K	3.8M	4.3M	4.6M
Short Term Debt	718K	734K	279K	332K	298.8K	283.9K
Other Liab	10.3M	11.5M	12.4M	13.5M	15.5M	8.4M
Property Plant Equipment	361K	294K	1.3M	320K	368K	369.1K
Accumulated Other Comprehensive Income	0.0	78.2M	83.3M	87.8M	100.9M	106.0M
Net Tangible Assets	(5.1M)	(2.5M)	2.6M	5.4M	6.2M	6.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications

When determining whether Hennessy Ad offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hennessy'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 Hennessy Ad Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hennessy Ad Stock:

How To Invest In Hennessy

Details

Is Hennessy Stock a good investment?

Details

What is Hennessy's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. 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.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Asset Management & Custody Banks 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 Hennessy. If investors know Hennessy 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 Hennessy 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

1.302

Dividend Share

0.55

Earnings Share

1.12

Revenue Per Share

4.309

Quarterly Revenue Growth

0.58

The market value of Hennessy Ad is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy's value that differs from its market value or its book value, called intrinsic value, which is Hennessy'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 Hennessy's market value can be influenced by many factors that don't directly affect Hennessy'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 Hennessy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hennessy Other Current Assets vs Retained Earnings Analysis

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Current Assets

Retained Earnings

Hennessy fundamental ratios Correlations

Hennessy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hennessy fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Non Current Liabilities Total

Property Plant And Equipment Gross	- 0.84	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Retained Earnings
Other Stockholder Equity	- 0.84	Total Stockholder Equity
Other Stockholder Equity	- 0.81	Property Plant And Equipment Net
Other Stockholder Equity	- 0.8	Short Term Investments
Inventory	- 0.8	Retained Earnings