Hanover Cash Ratio vs Free Cash Flow Yield Analysis

HNVR Stock

USD 22.65 0.30 1.34%

Hanover Bancorp financial indicator trend analysis is much more than just examining Hanover Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanover Bancorp is a good investment. Please check the relationship between Hanover Bancorp Cash Ratio and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanover Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

To learn how to invest in Hanover Stock, please use our How to Invest in Hanover Bancorp guide.

Cash Ratio vs Free Cash Flow Yield

Cash Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanover Bancorp Cash Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Hanover Bancorp's Cash Ratio and Free Cash Flow Yield is 0.1. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Hanover Bancorp, assuming nothing else is changed. The correlation between historical values of Hanover Bancorp's Cash Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of Hanover Bancorp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Ratio i.e., Hanover Bancorp's Cash Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash Ratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Hanover Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanover Bancorp 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 Hanover Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

To learn how to invest in Hanover Stock, please use our How to Invest in Hanover Bancorp guide.At this time, Hanover Bancorp's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 03/30/2025, Enterprise Value Multiple is likely to grow to 2.71, while Selling General Administrative is likely to drop slightly above 3.4 M.

	2022	2024	2025 (projected)
Depreciation And Amortization	3.5M	4.0M	4.2M
Income Tax Expense	5.0M	4.6M	3.9M

Depreciation And Amortization Income Tax Expense

Hanover Bancorp fundamental ratios Correlations

	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Other Assets	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Long Term Debt
Total Current Liabilities		0.38	0.48	-0.33	-0.93	0.65	0.82	-0.22	0.57	0.65	0.7	-0.32	0.62	0.62	0.07	0.67	0.6	0.99	0.92	0.6	0.46	0.73	0.98	0.56	0.66	0.47
Other Liab	0.38		0.94	-0.8	-0.2	0.82	0.81	-0.93	0.77	0.9	0.81	-0.87	0.91	0.51	-0.45	0.89	0.9	0.43	0.68	0.91	0.92	0.86	0.54	0.92	0.9	0.76
Net Tangible Assets	0.48	0.94		-0.82	-0.29	0.73	0.83	-0.79	0.71	0.97	0.85	-0.85	0.98	0.56	-0.52	0.97	0.94	0.51	0.73	0.97	0.95	0.95	0.6	0.98	0.97	0.72
Accounts Payable	-0.33	-0.8	-0.82		0.19	-0.74	-0.75	0.78	-0.65	-0.8	-0.69	0.98	-0.81	-0.48	0.48	-0.79	-0.81	-0.32	-0.63	-0.81	-0.86	-0.74	-0.46	-0.82	-0.8	-0.75
Other Assets	-0.93	-0.2	-0.29	0.19		-0.58	-0.67	0.12	-0.38	-0.45	-0.58	0.18	-0.42	-0.57	-0.33	-0.49	-0.39	-0.92	-0.81	-0.4	-0.22	-0.55	-0.9	-0.33	-0.46	-0.31
Other Current Assets	0.65	0.82	0.73	-0.74	-0.58		0.92	-0.81	0.83	0.8	0.86	-0.79	0.78	0.61	-0.03	0.78	0.82	0.7	0.86	0.81	0.78	0.78	0.79	0.75	0.8	0.81
Total Current Assets	0.82	0.81	0.83	-0.75	-0.67	0.92		-0.71	0.82	0.91	0.88	-0.77	0.9	0.68	-0.25	0.91	0.89	0.84	0.98	0.89	0.83	0.92	0.91	0.87	0.91	0.77
Common Stock	-0.22	-0.93	-0.79	0.78	0.12	-0.81	-0.71		-0.69	-0.72	-0.61	0.88	-0.73	-0.43	0.43	-0.71	-0.73	-0.29	-0.57	-0.73	-0.77	-0.67	-0.41	-0.74	-0.71	-0.67
Property Plant Equipment	0.57	0.77	0.71	-0.65	-0.38	0.83	0.82	-0.69		0.77	0.75	-0.69	0.76	0.38	-0.24	0.74	0.75	0.6	0.75	0.77	0.75	0.77	0.68	0.75	0.77	0.64
Total Assets	0.65	0.9	0.97	-0.8	-0.45	0.8	0.91	-0.72	0.77		0.93	-0.81	1.0	0.59	-0.4	0.99	0.97	0.67	0.85	0.99	0.95	0.99	0.74	0.99	1.0	0.76
Short Long Term Debt Total	0.7	0.81	0.85	-0.69	-0.58	0.86	0.88	-0.61	0.75	0.93		-0.7	0.9	0.64	-0.04	0.91	0.93	0.72	0.84	0.94	0.87	0.91	0.79	0.88	0.93	0.8
Other Current Liab	-0.32	-0.87	-0.85	0.98	0.18	-0.79	-0.77	0.88	-0.69	-0.81	-0.7		-0.83	-0.48	0.49	-0.8	-0.82	-0.33	-0.64	-0.83	-0.87	-0.76	-0.46	-0.84	-0.81	-0.76
Total Stockholder Equity	0.62	0.91	0.98	-0.81	-0.42	0.78	0.9	-0.73	0.76	1.0	0.9	-0.83		0.59	-0.47	0.99	0.96	0.64	0.83	0.99	0.95	0.98	0.72	0.99	1.0	0.74
Property Plant And Equipment Net	0.62	0.51	0.56	-0.48	-0.57	0.61	0.68	-0.43	0.38	0.59	0.64	-0.48	0.59		-0.06	0.59	0.71	0.63	0.69	0.61	0.55	0.61	0.67	0.58	0.59	0.79
Net Debt	0.07	-0.45	-0.52	0.48	-0.33	-0.03	-0.25	0.43	-0.24	-0.4	-0.04	0.49	-0.47	-0.06		-0.41	-0.36	0.06	-0.13	-0.36	-0.45	-0.38	0.02	-0.52	-0.39	-0.15
Retained Earnings	0.67	0.89	0.97	-0.79	-0.49	0.78	0.91	-0.71	0.74	0.99	0.91	-0.8	0.99	0.59	-0.41		0.94	0.68	0.85	0.97	0.92	0.99	0.75	0.98	0.99	0.7
Cash	0.6	0.9	0.94	-0.81	-0.39	0.82	0.89	-0.73	0.75	0.97	0.93	-0.82	0.96	0.71	-0.36	0.94		0.62	0.81	0.99	0.97	0.93	0.71	0.97	0.97	0.89
Non Current Assets Total	0.99	0.43	0.51	-0.32	-0.92	0.7	0.84	-0.29	0.6	0.67	0.72	-0.33	0.64	0.63	0.06	0.68	0.62		0.93	0.61	0.47	0.74	0.99	0.57	0.67	0.49
Non Currrent Assets Other	0.92	0.68	0.73	-0.63	-0.81	0.86	0.98	-0.57	0.75	0.85	0.84	-0.64	0.83	0.69	-0.13	0.85	0.81	0.93		0.81	0.72	0.88	0.98	0.78	0.85	0.68
Cash And Short Term Investments	0.6	0.91	0.97	-0.81	-0.4	0.81	0.89	-0.73	0.77	0.99	0.94	-0.83	0.99	0.61	-0.36	0.97	0.99	0.61	0.81		0.97	0.96	0.7	0.98	0.99	0.82
Good Will	0.46	0.92	0.95	-0.86	-0.22	0.78	0.83	-0.77	0.75	0.95	0.87	-0.87	0.95	0.55	-0.45	0.92	0.97	0.47	0.72	0.97		0.89	0.58	0.97	0.95	0.85
Common Stock Shares Outstanding	0.73	0.86	0.95	-0.74	-0.55	0.78	0.92	-0.67	0.77	0.99	0.91	-0.76	0.98	0.61	-0.38	0.99	0.93	0.74	0.88	0.96	0.89		0.8	0.96	0.99	0.68
Non Current Liabilities Total	0.98	0.54	0.6	-0.46	-0.9	0.79	0.91	-0.41	0.68	0.74	0.79	-0.46	0.72	0.67	0.02	0.75	0.71	0.99	0.98	0.7	0.58	0.8		0.65	0.75	0.58
Other Stockholder Equity	0.56	0.92	0.98	-0.82	-0.33	0.75	0.87	-0.74	0.75	0.99	0.88	-0.84	0.99	0.58	-0.52	0.98	0.97	0.57	0.78	0.98	0.97	0.96	0.65		0.99	0.76
Total Liab	0.66	0.9	0.97	-0.8	-0.46	0.8	0.91	-0.71	0.77	1.0	0.93	-0.81	1.0	0.59	-0.39	0.99	0.97	0.67	0.85	0.99	0.95	0.99	0.75	0.99		0.76
Long Term Debt	0.47	0.76	0.72	-0.75	-0.31	0.81	0.77	-0.67	0.64	0.76	0.8	-0.76	0.74	0.79	-0.15	0.7	0.89	0.49	0.68	0.82	0.85	0.68	0.58	0.76	0.76

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Hanover Bancorp Account Relationship Matchups

Hanover Bancorp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	374K	1.3M	915K	1.2B	1.3B	1.4B
Other Liab	10.3M	8.3M	12.0M	13.0M	15.0M	10.7M
Net Tangible Assets	70.5M	76.1M	102.9M	153.4M	176.4M	100.6M
Accounts Payable	1.3M	915K	1.8M	1.5M	1.4M	1.3M
Other Assets	725.6M	1.3B	1.6B	(208.5M)	(187.6M)	(178.3M)
Other Current Assets	91.6M	180.1M	3.4M	206.8M	237.8M	249.7M
Total Current Assets	93.0M	168.4M	162.2M	403.0M	463.4M	486.6M
Property Plant Equipment	14.4M	14.2M	15.0M	14.5M	16.6M	15.8M
Total Assets	1.5B	1.8B	2.1B	2.3B	2.7B	1.7B
Short Long Term Debt Total	100.1M	184.2M	126.3M	215.4M	247.7M	163.2M
Other Current Liab	(374K)	(1.3M)	(3.4M)	(1.8M)	(1.6M)	(1.6M)
Total Stockholder Equity	122.5M	172.6M	185.9M	196.6M	226.1M	151.7M
Property Plant And Equipment Net	15.0M	14.5M	26.3M	15.3M	17.6M	18.3M
Net Debt	19.9M	32.9M	(23.6M)	22.7M	20.5M	12.8M
Retained Earnings	25.0M	46.5M	58.7M	67.9M	78.1M	40.6M
Cash	151.3M	149.9M	192.1M	162.9M	187.3M	151.1M
Non Current Assets Total	33.0M	54.7M	46.8M	2.0B	2.2B	2.4B
Non Currrent Assets Other	(33.0M)	(3.6M)	(6.0M)	1.9B	2.2B	2.3B
Cash And Short Term Investments	86.2M	159.0M	162.2M	192.6M	221.5M	151.3M
Common Stock Shares Outstanding	4.8M	6.2M	7.1M	7.4M	8.5M	6.2M
Liabilities And Stockholders Equity	851.6M	1.5B	1.8B	2.1B	2.5B	1.6B
Non Current Liabilities Total	100.1M	184.2M	915K	2.0B	2.3B	2.4B
Other Stockholder Equity	63.7M	97.2M	126.7M	125.5M	144.3M	104.7M
Total Liab	1.4B	1.7B	2.0B	2.1B	2.4B	1.6B
Accumulated Other Comprehensive Income	156K	256K	(620K)	(1.3M)	(1.2M)	(1.1M)
Long Term Debt	184.2M	126.3M	204.5M	132.5M	152.4M	164.5M
Net Receivables	9.4M	8.5M	10.6M	11.8M	13.6M	10.4M
Short Term Investments	7.7M	12.3M	10.9M	32.1M	37.0M	38.8M
Net Invested Capital	306.7M	126.3M	204.5M	324.1M	372.7M	250.7M
Long Term Investments	16.4M	16.7M	15.0M	87.5M	100.6M	105.7M
Property Plant And Equipment Gross	20.3M	21.2M	26.3M	25.4M	29.2M	24.6M
Capital Stock	56K	73K	3.0M	5.1M	5.9M	6.2M
Intangible Assets	4.2M	4.8M	4.8M	6.3M	7.2M	4.4M

Additional Tools for Hanover Stock Analysis

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

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Hanover Cash Ratio vs Free Cash Flow Yield Analysis

Cash Ratio vs Free Cash Flow Yield

Cash Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Cash Ratio

Free Cash Flow Yield

Hanover Bancorp fundamental ratios Correlations

Hanover Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hanover Bancorp fundamental ratios Accounts

Additional Tools for Hanover Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Common Stock	- 0.93	Other Liab
Other Assets	- 0.93	Total Current Liabilities
Non Current Assets Total	- 0.92	Other Assets
Non Current Liabilities Total	- 0.9	Other Assets
Good Will	- 0.87	Other Current Liab
Other Current Liab	- 0.87	Other Liab