HFFG Net Income From Continuing Ops vs Income Before Tax Analysis

HFFG Stock  USD 3.78  0.17  4.71%   
Hf Foods financial indicator trend analysis is much more than just examining Hf Foods Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hf Foods Group is a good investment. Please check the relationship between Hf Foods Net Income From Continuing Ops and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hf Foods Group Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Hf Foods' Net Income From Continuing Ops and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Hf Foods Group, assuming nothing else is changed. The correlation between historical values of Hf Foods' Net Income From Continuing Ops and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Hf Foods Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Hf Foods' Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hf Foods income statement and is an important metric when analyzing Hf Foods Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Hf Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hf Foods Group 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 Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Hf Foods' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit151.5M205.5M204.0M117.5M
Total Revenue796.9M1.2B1.1B678.8M

Hf Foods fundamental ratios Correlations

0.670.910.970.98-0.89-0.730.90.87-0.730.770.90.940.870.950.920.450.930.950.940.980.960.810.860.830.87
0.670.850.490.63-0.62-0.790.820.92-0.440.860.840.630.770.680.870.630.840.820.840.740.670.770.870.830.76
0.910.850.80.87-0.85-0.821.00.95-0.670.870.960.860.870.91.00.640.970.990.990.960.870.880.970.910.93
0.970.490.80.94-0.86-0.550.80.77-0.70.590.790.920.730.880.80.330.810.850.840.90.890.660.710.670.76
0.980.630.870.94-0.9-0.770.860.82-0.70.810.850.890.880.960.890.490.920.920.90.950.960.830.860.860.86
-0.89-0.62-0.85-0.86-0.90.69-0.83-0.820.53-0.72-0.74-0.8-0.7-0.88-0.86-0.69-0.82-0.84-0.87-0.87-0.78-0.76-0.8-0.77-0.86
-0.73-0.79-0.82-0.55-0.770.69-0.79-0.740.58-0.97-0.79-0.59-0.91-0.86-0.84-0.58-0.89-0.82-0.79-0.79-0.81-0.97-0.92-0.97-0.9
0.90.821.00.80.86-0.83-0.790.93-0.690.830.960.870.850.890.980.60.950.980.980.950.860.860.960.890.92
0.870.920.950.770.82-0.82-0.740.93-0.60.830.920.850.80.840.960.640.920.930.960.890.810.80.910.840.86
-0.73-0.44-0.67-0.7-0.70.530.58-0.69-0.6-0.57-0.64-0.84-0.66-0.77-0.69-0.36-0.69-0.7-0.73-0.73-0.74-0.7-0.63-0.62-0.73
0.770.860.870.590.81-0.72-0.970.830.83-0.570.840.660.930.850.890.640.930.870.860.850.840.940.950.980.88
0.90.840.960.790.85-0.74-0.790.960.92-0.640.840.840.910.860.950.420.960.980.940.940.90.830.940.890.85
0.940.630.860.920.89-0.8-0.590.870.85-0.840.660.840.760.870.880.460.860.90.920.930.890.720.770.710.81
0.870.770.870.730.88-0.7-0.910.850.8-0.660.930.910.760.90.890.390.960.920.870.920.960.920.920.950.87
0.950.680.90.880.96-0.88-0.860.890.84-0.770.850.860.870.90.910.520.940.930.920.940.950.930.890.90.96
0.920.871.00.80.89-0.86-0.840.980.96-0.690.890.950.880.890.910.660.980.990.990.960.890.890.980.920.93
0.450.630.640.330.49-0.69-0.580.60.64-0.360.640.420.460.390.520.660.550.530.640.520.360.580.650.610.63
0.930.840.970.810.92-0.82-0.890.950.92-0.690.930.960.860.960.940.980.550.990.970.970.950.930.970.960.93
0.950.820.990.850.92-0.84-0.820.980.93-0.70.870.980.90.920.930.990.530.990.980.980.940.880.960.910.92
0.940.840.990.840.9-0.87-0.790.980.96-0.730.860.940.920.870.920.990.640.970.980.970.90.860.940.890.92
0.980.740.960.90.95-0.87-0.790.950.89-0.730.850.940.930.920.940.960.520.970.980.970.970.860.930.890.91
0.960.670.870.890.96-0.78-0.810.860.81-0.740.840.90.890.960.950.890.360.950.940.90.970.860.870.880.87
0.810.770.880.660.83-0.76-0.970.860.8-0.70.940.830.720.920.930.890.580.930.880.860.860.860.930.960.97
0.860.870.970.710.86-0.8-0.920.960.91-0.630.950.940.770.920.890.980.650.970.960.940.930.870.930.980.92
0.830.830.910.670.86-0.77-0.970.890.84-0.620.980.890.710.950.90.920.610.960.910.890.890.880.960.980.92
0.870.760.930.760.86-0.86-0.90.920.86-0.730.880.850.810.870.960.930.630.930.920.920.910.870.970.920.92
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Hf Foods Account Relationship Matchups

Hf Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets802.8M484.3M596.9M637.5M596.5M451.2M
Other Current Liab2.7M8.9M17.8M41.6M17.3M12.9M
Total Current Liabilities110.4M76.7M155.3M163.9M143.3M104.6M
Total Stockholder Equity603.4M260.4M290.9M291.8M286.7M246.5M
Other Liab52.3M46.4M39.5M39.9M45.9M28.2M
Net Tangible Assets10.0M16.1M15.6M12.6M11.3M15.7M
Retained Earnings15.8M(327.2M)(306.3M)(306.5M)(308.7M)(293.3M)
Accounts Payable44.2M29.6M59.7M57.0M52.0M42.1M
Cash14.5M9.6M14.8M24.3M15.2M13.2M
Non Current Assets Total651.4M385.2M437.4M439.6M417.7M328.0M
Non Currrent Assets Other963.9K694.5K2.0M(8.2M)6.5M6.9M
Other Assets1.0M4.1M2.0M3.2M1.00.95
Long Term Debt18.5M95.0M86.3M115.4M108.7M63.3M
Cash And Short Term Investments5.5M14.5M9.6M24.3M15.2M11.8M
Net Receivables54.2M26.1M36.5M44.4M47.8M37.3M
Good Will406.7M68.5M80.3M85.1M97.9M99.8M
Common Stock Total Equity2.0K2.2K5.3K5.2K6.0K3.2K
Common Stock Shares Outstanding27.1M52.1M53.7M53.9M53.9M39.2M
Liabilities And Stockholders Equity82.5M802.8M484.3M637.5M596.5M421.8M
Non Current Liabilities Total84.7M142.8M146.7M177.4M165.3M102.6M
Capital Surpluse4.9M22.9M599.6M587.6M675.7M709.5M
Capital Lease Obligations18.5M2.0M25.7M33.4M26.1M14.6M
Inventory77.5M58.5M102.7M120.3M105.6M73.3M
Other Current Assets4.4M4.8M5.6M8.9M10.1M5.6M
Other Stockholder Equity41.1M587.6M587.6M598.3M595.3M384.6M
Total Liab195.2M219.5M302.0M341.3M308.5M201.9M
Long Term Investments2.3M2.4M2.5M2.7M2.4M1.7M
Property Plant And Equipment Gross54.7M137.8M197.0M154.5M198.4M108.2M
Short Long Term Debt58.9M38.8M78.7M81.3M68.5M48.2M
Total Current Assets151.4M99.0M159.6M197.9M178.8M130.2M
Short Term Debt9.8M63.6M41.2M65.3M74.0M42.1M
Intangible Assets186.7M175.8M195.1M194.1M177.8M127.8M
Common Stock2.2K5.3K5.2K5K5.8K4.1K
Property Plant Equipment54.7M137.8M157.6M154.5M177.7M186.6M
Short Long Term Debt Total23.0M96.0M135.8M230.1M203.3M131.3M
Property Plant And Equipment Net54.7M137.8M157.6M154.5M145.9M109.2M

Currently Active Assets on Macroaxis

When determining whether Hf Foods Group is a strong investment it is important to analyze Hf Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hf Foods' future performance. For an informed investment choice regarding HFFG Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Staples Distribution & Retail 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 Hf Foods. If investors know HFFG 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 Hf Foods 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
(0.05)
Earnings Share
(0.04)
Revenue Per Share
22.321
Quarterly Revenue Growth
0.06
Return On Assets
0.0144
The market value of Hf Foods Group is measured differently than its book value, which is the value of HFFG that is recorded on the company's balance sheet. Investors also form their own opinion of Hf Foods' value that differs from its market value or its book value, called intrinsic value, which is Hf Foods' 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 Hf Foods' market value can be influenced by many factors that don't directly affect Hf Foods' 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 Hf Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hf Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hf Foods' 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.