Haverty Total Assets vs Asset Turnover Analysis

HVT Stock  USD 32.27  0.53  1.62%   
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 Assets and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Total Assets vs Asset Turnover

Total Assets vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haverty Furniture Total Assets account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Haverty Furniture's Total Assets and Asset Turnover is -0.32. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Asset Turnover 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 Assets and Asset Turnover 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 Assets of Haverty Furniture Companies are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Assets i.e., Haverty Furniture's Total Assets and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Haverty Furniture assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Haverty Furniture books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
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, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Sales General And Administrative To Revenue is likely to gain to 0.52 in 2024, whereas Selling General Administrative is likely to drop slightly above 364.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit574.6M604.2M504.5M344.5M
Total Revenue1.0B1.0B862.1M664.2M

Haverty Furniture fundamental ratios Correlations

0.820.840.910.620.860.480.90.840.810.780.84-0.49-0.450.720.660.55-0.760.920.60.920.720.390.780.760.15
0.820.60.870.080.770.850.570.80.720.590.79-0.01-0.750.870.230.59-0.850.970.590.780.920.40.530.46-0.35
0.840.60.790.590.530.210.770.640.440.530.66-0.32-0.380.360.60.18-0.40.730.190.790.370.310.480.490.21
0.910.870.790.340.780.510.670.910.70.630.91-0.21-0.480.720.490.41-0.720.940.470.950.750.60.510.610.02
0.620.080.590.340.5-0.240.830.340.460.60.36-0.880.240.090.880.22-0.220.260.290.510.040.090.640.750.66
0.860.770.530.780.50.580.730.830.990.70.83-0.58-0.240.890.620.8-0.90.810.860.840.860.520.810.90.14
0.480.850.210.51-0.240.580.260.410.570.280.40.18-0.740.79-0.030.59-0.750.710.550.370.850.220.350.2-0.57
0.90.570.770.670.830.730.260.610.690.780.62-0.65-0.310.480.790.48-0.630.70.510.750.480.110.810.770.35
0.840.80.640.910.340.830.410.610.80.691.0-0.29-0.330.810.410.59-0.780.860.650.950.790.570.60.710.04
0.810.720.440.70.460.990.570.690.80.670.8-0.58-0.20.910.550.88-0.910.760.930.770.860.460.850.890.13
0.780.590.530.630.60.70.280.780.690.670.68-0.48-0.290.550.520.5-0.620.650.530.720.560.130.70.690.05
0.840.790.660.910.360.830.40.621.00.80.68-0.31-0.310.80.430.59-0.760.860.640.960.780.590.60.710.04
-0.49-0.01-0.32-0.21-0.88-0.580.18-0.65-0.29-0.58-0.48-0.31-0.44-0.2-0.81-0.360.27-0.16-0.49-0.38-0.12-0.18-0.69-0.84-0.72
-0.45-0.75-0.38-0.480.24-0.24-0.74-0.31-0.33-0.2-0.29-0.31-0.44-0.480.2-0.270.52-0.67-0.17-0.32-0.560.15-0.220.110.6
0.720.870.360.720.090.890.790.480.810.910.550.8-0.2-0.480.220.87-0.950.840.890.720.980.430.690.63-0.21
0.660.230.60.490.880.62-0.030.790.410.550.520.43-0.810.20.220.26-0.370.370.310.620.20.330.540.820.61
0.550.590.180.410.220.80.590.480.590.880.50.59-0.36-0.270.870.26-0.880.570.970.520.80.180.80.67-0.09
-0.76-0.85-0.4-0.72-0.22-0.9-0.75-0.63-0.78-0.91-0.62-0.760.270.52-0.95-0.37-0.88-0.83-0.86-0.74-0.94-0.32-0.73-0.70.13
0.920.970.730.940.260.810.710.70.860.760.650.86-0.16-0.670.840.370.57-0.830.60.870.860.430.630.56-0.15
0.60.590.190.470.290.860.550.510.650.930.530.64-0.49-0.170.890.310.97-0.860.60.560.810.290.850.750.03
0.920.780.790.950.510.840.370.750.950.770.720.96-0.38-0.320.720.620.52-0.740.870.560.710.550.610.760.14
0.720.920.370.750.040.860.850.480.790.860.560.78-0.12-0.560.980.20.8-0.940.860.810.710.440.610.57-0.28
0.390.40.310.60.090.520.220.110.570.460.130.59-0.180.150.430.330.18-0.320.430.290.550.440.090.450.08
0.780.530.480.510.640.810.350.810.60.850.70.6-0.69-0.220.690.540.8-0.730.630.850.610.610.090.80.24
0.760.460.490.610.750.90.20.770.710.890.690.71-0.840.110.630.820.67-0.70.560.750.760.570.450.80.46
0.15-0.350.210.020.660.14-0.570.350.040.130.050.04-0.720.6-0.210.61-0.090.13-0.150.030.14-0.280.080.240.46
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Haverty Furniture Account Relationship Matchups

Haverty Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets560.1M680.4M686.3M649.0M715.3M437.2M
Short Long Term Debt Total179.0M233.7M230.4M221.3M217.8M113.3M
Other Current Liab39.7M53.0M46.7M48.7M46.3M30.9M
Total Current Liabilities127.0M204.0M210.4M154.4M138.3M102.4M
Total Stockholder Equity260.5M253.0M256.0M289.4M308.4M224.8M
Property Plant And Equipment Net332.0M337.1M348.5M344.9M373.9M392.6M
Net Debt103.3M33.6M64.2M98.2M90.0M52.9M
Retained Earnings296.0M304.6M343.0M398.4M419.5M220.3M
Cash75.7M200.1M166.1M123.1M127.8M134.2M
Non Current Assets Total355.5M364.1M377.2M372.8M464.8M488.1M
Non Currrent Assets Other10.3M11.2M12.4M12.4M14.1M8.9M
Cash And Short Term Investments75.7M200.1M166.1M123.1M127.8M134.2M
Net Receivables1.5M16.3M19.1M16.5M1.00.95
Common Stock Shares Outstanding20.2M18.9M18.5M17.0M16.8M23.6M
Liabilities And Stockholders Equity560.1M680.4M686.3M649.0M715.3M437.2M
Non Current Liabilities Total172.6M223.4M219.9M205.2M268.7M282.1M
Inventory104.8M89.9M112.0M118.3M94.6M94.6M
Other Current Assets8.1M10.0M11.7M18.3M28.2M29.6M
Other Stockholder Equity(64.9M)(80.7M)(116.4M)(140.1M)(142.1M)(135.0M)
Total Liab299.6M427.4M430.3M359.7M407.0M212.4M
Property Plant And Equipment Gross332.0M337.1M348.5M344.9M665.7M699.0M
Total Current Assets204.5M316.2M309.1M276.3M250.5M233.0M
Accumulated Other Comprehensive Income(2.1M)(2.6M)(2.3M)(756K)(983K)(1.0M)
Short Term Debt29.4M33.5M33.6M34.4M37.4M39.2M
Accounts Payable27.8M31.4M31.2M23.3M18.8M30.4M
Common Stock Total Equity31.5M31.6M31.7M31.8M36.6M32.7M
Common Stock31.5M31.6M31.7M31.8M32.0M32.8M
Other Liab23.0M23.2M23.2M18.4M21.1M24.9M
Other Assets23.5M255.8M28.8M27.9M32.1M32.3M
Treasury Stock(129.0M)(158.1M)(177.5M)(219.0M)(197.1M)(187.3M)
Property Plant Equipment156.5M108.4M348.5M344.9M396.6M222.6M
Current Deferred Revenue30.1M86.2M98.9M48.0M35.8M33.2M
Retained Earnings Total Equity296.0M304.6M343.0M398.4M458.2M273.6M
Net Tangible Assets260.5M253.0M256.0M289.4M260.5M222.6M
Capital Surpluse93.2M96.9M102.6M108.7M125.0M98.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Haverty Furniture in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Haverty Furniture's short interest history, or implied volatility extrapolated from Haverty Furniture options trading.

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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, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Haverty Furniture's price analysis, check to measure Haverty Furniture'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 Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Haverty Furniture's industry 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 Haverty Furniture. If investors know Haverty 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 Haverty Furniture 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
(0.36)
Dividend Share
1.18
Earnings Share
3.36
Revenue Per Share
52.989
Quarterly Revenue Growth
(0.25)
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture'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 Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture'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 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.