Haverty Long Term Debt vs Net Invested Capital Analysis

HVT Stock  USD 22.11  0.09  0.41%   
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 Long Term Debt and its Net Invested Capital 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 closely tied with the direction of predictive economic indicators such as signals in real.

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haverty Furniture Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Haverty Furniture's Long Term Debt and Net Invested Capital is -0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital 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 Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Haverty Furniture Companies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., Haverty Furniture's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Haverty Furniture has held for over one year. Long-term debt appears on Haverty Furniture Companies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Haverty Furniture Companies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Haverty Furniture's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.41 in 2024, whereas Enterprise Value is likely to drop slightly above 400.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit574.6M604.2M523.1M345.0M
Total Revenue1.0B1.0B862.1M664.2M

Haverty Furniture fundamental ratios Correlations

0.81-0.520.930.620.860.470.890.860.980.750.86-0.48-0.410.870.690.69-0.740.910.560.940.70.440.720.770.16
0.81-0.770.870.080.770.850.570.790.790.60.78-0.01-0.750.990.220.8-0.850.970.590.780.890.40.530.46-0.35
-0.52-0.77-0.60.1-0.68-0.7-0.36-0.71-0.43-0.5-0.69-0.080.59-0.730.01-0.940.89-0.69-0.77-0.61-0.95-0.24-0.54-0.40.35
0.930.87-0.60.340.780.510.670.920.860.640.92-0.21-0.480.910.490.7-0.720.970.470.950.750.60.510.610.02
0.620.080.10.340.5-0.230.830.340.650.540.36-0.880.240.170.880.16-0.220.240.290.510.050.090.640.750.66
0.860.77-0.680.780.50.580.730.820.830.680.82-0.58-0.240.790.620.85-0.90.80.860.840.840.520.810.90.14
0.470.85-0.70.51-0.230.580.270.40.490.30.390.17-0.750.8-0.030.68-0.760.70.560.370.770.20.380.21-0.57
0.890.57-0.360.670.830.730.270.610.920.750.62-0.65-0.310.630.790.55-0.630.670.510.760.490.110.810.770.35
0.860.79-0.710.920.340.820.40.610.750.711.0-0.28-0.330.820.420.79-0.760.880.610.960.820.580.570.70.04
0.980.79-0.430.860.650.830.490.920.750.730.75-0.52-0.440.840.690.61-0.70.870.530.850.630.350.750.740.17
0.750.6-0.50.640.540.680.30.750.710.730.69-0.44-0.320.620.480.58-0.640.640.510.710.580.150.650.660.04
0.860.78-0.690.920.360.820.390.621.00.750.69-0.3-0.310.810.440.78-0.740.870.60.970.810.60.580.70.05
-0.48-0.01-0.08-0.21-0.88-0.580.17-0.65-0.28-0.52-0.44-0.3-0.44-0.08-0.81-0.180.27-0.14-0.49-0.38-0.09-0.18-0.69-0.84-0.72
-0.41-0.750.59-0.480.24-0.24-0.75-0.31-0.33-0.44-0.32-0.31-0.44-0.730.2-0.470.52-0.64-0.17-0.32-0.550.15-0.220.110.6
0.870.99-0.730.910.170.790.80.630.820.840.620.81-0.08-0.730.30.79-0.840.980.580.820.860.40.570.5-0.25
0.690.220.010.490.880.62-0.030.790.420.690.480.44-0.810.20.30.28-0.370.390.30.610.180.330.530.820.62
0.690.8-0.940.70.160.850.680.550.790.610.580.78-0.18-0.470.790.28-0.960.770.860.760.970.350.690.64-0.17
-0.74-0.850.89-0.72-0.22-0.9-0.76-0.63-0.76-0.7-0.64-0.740.270.52-0.84-0.37-0.96-0.81-0.86-0.74-0.95-0.32-0.73-0.70.13
0.910.97-0.690.970.240.80.70.670.880.870.640.87-0.14-0.640.980.390.77-0.810.540.890.840.50.560.56-0.15
0.560.59-0.770.470.290.860.560.510.610.530.510.6-0.49-0.170.580.30.86-0.860.540.560.820.290.850.750.03
0.940.78-0.610.950.510.840.370.760.960.850.710.97-0.38-0.320.820.610.76-0.740.890.560.750.550.620.760.14
0.70.89-0.950.750.050.840.770.490.820.630.580.81-0.09-0.550.860.180.97-0.950.840.820.750.410.630.57-0.25
0.440.4-0.240.60.090.520.20.110.580.350.150.6-0.180.150.40.330.35-0.320.50.290.550.410.090.450.08
0.720.53-0.540.510.640.810.380.810.570.750.650.58-0.69-0.220.570.530.69-0.730.560.850.620.630.090.80.24
0.770.46-0.40.610.750.90.210.770.70.740.660.7-0.840.110.50.820.64-0.70.560.750.760.570.450.80.46
0.16-0.350.350.020.660.14-0.570.350.040.170.040.05-0.720.6-0.250.62-0.170.13-0.150.030.14-0.250.080.240.46
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Haverty Furniture Account Relationship Matchups

Haverty Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets560.1M680.4M686.3M649.0M654.1M435.4M
Short Long Term Debt Total179.0M233.7M230.4M221.3M217.8M113.3M
Other Current Liab39.7M11.1M5.8M5.4M(2.4M)(2.2M)
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 Debt103.3M33.6M64.2M98.2M97.1M53.0M
Retained Earnings296.0M304.6M343.0M398.4M419.5M220.3M
Cash75.7M200.1M166.1M123.1M120.6M126.7M
Non Current Assets Total355.5M364.1M377.2M372.8M402.5M202.4M
Non Currrent Assets Other10.3M11.2M12.4M12.4M13.0M8.8M
Cash And Short Term Investments75.7M200.1M166.1M123.1M120.6M126.7M
Net Receivables1.5M16.3M19.1M16.5M1.00.95
Common Stock Shares Outstanding20.2M18.9M18.5M17.0M16.8M23.6M
Liabilities And Stockholders Equity560.1M680.4M686.3M649.0M654.1M435.4M
Non Current Liabilities Total172.6M223.4M219.9M205.2M207.5M108.3M
Inventory104.8M89.9M112.0M118.3M94.0M94.6M
Other Current Assets8.1M26.3M30.9M34.8M37.0M38.9M
Other Stockholder Equity(64.9M)(80.7M)(116.4M)(140.1M)(142.1M)(135.0M)
Total Liab299.6M427.4M430.3M359.7M345.8M210.7M
Property Plant And Equipment Gross332.0M337.1M348.5M344.9M665.7M699.0M
Total Current Assets204.5M316.2M309.1M276.3M251.6M233.1M
Accumulated Other Comprehensive Income(2.1M)(2.6M)(2.3M)(756K)(983K)(1.0M)
Short Term Debt29.4M66.9M67.2M68.9M74.7M78.4M
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

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