| HVT-A Stock | | | USD 22.29 0.85 3.96% |
Haverty Furniture financial indicator trend analysis is much more than just examining Haverty Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haverty Furniture is a good investment. Please check the relationship between Haverty Furniture Total Stockholder Equity and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios. 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.
Total Stockholder Equity vs Cash And Short Term Investments
Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Haverty Furniture Total Stockholder Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Haverty Furniture's Total Stockholder Equity and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Haverty Furniture Companies, assuming nothing else is changed. The correlation between historical values of Haverty Furniture's Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Haverty Furniture Companies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Haverty Furniture's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Haverty Furniture balance sheet. This account contains Haverty Furniture investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Haverty Furniture Companies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Haverty Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haverty 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. 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, Haverty Furniture's
Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's
Enterprise Value Multiple is expected to grow to 11.41, whereas
Selling General Administrative is forecasted to decline to about 430.3
M.
Haverty Furniture fundamental ratios Correlations
Click cells to compare fundamentals
Haverty Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haverty Furniture fundamental ratios Accounts
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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.
When determining whether Haverty Furniture is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock.
Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios. 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
Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture'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.