Haverty Retained Earnings vs Other Current Liab Analysis

HVT Stock

USD 27.45 0.10 0.36%

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 Retained Earnings and its Other Current Liab 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.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haverty Furniture Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Haverty Furniture's Retained Earnings and Other Current Liab is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab 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 Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Haverty Furniture Companies are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Haverty Furniture's Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

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 Profit	574.6M	604.2M	504.5M	344.5M
Total Revenue	1.0B	1.0B	862.1M	664.2M

Gross Profit Total Revenue

Haverty Furniture fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.82	0.84	0.91	0.62	0.86	0.48	0.9	0.84	0.81	0.77	0.84	-0.49	-0.45	0.72	0.66	0.55	-0.76	0.92	0.6	0.92	0.72	0.39	0.78	0.76	0.15
Short Long Term Debt Total	0.82		0.6	0.87	0.08	0.77	0.85	0.57	0.8	0.72	0.61	0.79	-0.01	-0.75	0.87	0.23	0.59	-0.85	0.97	0.59	0.78	0.92	0.4	0.53	0.46	-0.35
Other Current Liab	0.84	0.6		0.79	0.59	0.53	0.21	0.77	0.64	0.44	0.47	0.66	-0.32	-0.38	0.36	0.6	0.18	-0.4	0.73	0.19	0.79	0.37	0.31	0.48	0.49	0.21
Total Current Liabilities	0.91	0.87	0.79		0.34	0.78	0.51	0.67	0.91	0.7	0.64	0.91	-0.21	-0.48	0.72	0.49	0.41	-0.72	0.94	0.47	0.95	0.75	0.6	0.51	0.61	0.02
Total Stockholder Equity	0.62	0.08	0.59	0.34		0.5	-0.24	0.83	0.34	0.46	0.54	0.36	-0.88	0.24	0.09	0.88	0.22	-0.22	0.26	0.29	0.51	0.04	0.09	0.64	0.75	0.66
Property Plant And Equipment Net	0.86	0.77	0.53	0.78	0.5		0.58	0.73	0.83	0.99	0.69	0.83	-0.58	-0.24	0.89	0.62	0.8	-0.9	0.81	0.86	0.84	0.86	0.52	0.81	0.9	0.14
Net Debt	0.48	0.85	0.21	0.51	-0.24	0.58		0.26	0.41	0.57	0.31	0.4	0.18	-0.74	0.79	-0.03	0.59	-0.75	0.71	0.55	0.37	0.85	0.22	0.35	0.2	-0.57
Retained Earnings	0.9	0.57	0.77	0.67	0.83	0.73	0.26		0.61	0.69	0.77	0.62	-0.65	-0.31	0.48	0.79	0.48	-0.63	0.7	0.51	0.75	0.48	0.11	0.81	0.77	0.35
Cash	0.84	0.8	0.64	0.91	0.34	0.83	0.41	0.61		0.8	0.71	1.0	-0.29	-0.33	0.81	0.41	0.59	-0.78	0.86	0.65	0.95	0.79	0.57	0.6	0.71	0.04
Non Current Assets Total	0.81	0.72	0.44	0.7	0.46	0.99	0.57	0.69	0.8		0.67	0.8	-0.58	-0.2	0.91	0.55	0.88	-0.91	0.76	0.93	0.77	0.86	0.46	0.85	0.89	0.13
Non Currrent Assets Other	0.77	0.61	0.47	0.64	0.54	0.69	0.31	0.77	0.71	0.67		0.69	-0.44	-0.35	0.57	0.46	0.5	-0.66	0.67	0.54	0.7	0.59	0.12	0.68	0.66	0.03
Cash And Short Term Investments	0.84	0.79	0.66	0.91	0.36	0.83	0.4	0.62	1.0	0.8	0.69		-0.31	-0.31	0.8	0.43	0.59	-0.76	0.86	0.64	0.96	0.78	0.59	0.6	0.71	0.04
Net Receivables	-0.49	-0.01	-0.32	-0.21	-0.88	-0.58	0.18	-0.65	-0.29	-0.58	-0.44	-0.31		-0.44	-0.2	-0.81	-0.36	0.27	-0.16	-0.49	-0.38	-0.12	-0.18	-0.69	-0.84	-0.72
Common Stock Shares Outstanding	-0.45	-0.75	-0.38	-0.48	0.24	-0.24	-0.74	-0.31	-0.33	-0.2	-0.35	-0.31	-0.44		-0.48	0.2	-0.27	0.52	-0.67	-0.17	-0.32	-0.56	0.15	-0.22	0.11	0.6
Non Current Liabilities Total	0.72	0.87	0.36	0.72	0.09	0.89	0.79	0.48	0.81	0.91	0.57	0.8	-0.2	-0.48		0.22	0.87	-0.95	0.84	0.89	0.72	0.98	0.43	0.69	0.63	-0.21
Inventory	0.66	0.23	0.6	0.49	0.88	0.62	-0.03	0.79	0.41	0.55	0.46	0.43	-0.81	0.2	0.22		0.26	-0.37	0.37	0.31	0.62	0.2	0.33	0.54	0.82	0.61
Other Current Assets	0.55	0.59	0.18	0.41	0.22	0.8	0.59	0.48	0.59	0.88	0.5	0.59	-0.36	-0.27	0.87	0.26		-0.88	0.57	0.97	0.52	0.8	0.18	0.8	0.67	-0.09
Other Stockholder Equity	-0.76	-0.85	-0.4	-0.72	-0.22	-0.9	-0.75	-0.63	-0.78	-0.91	-0.66	-0.76	0.27	0.52	-0.95	-0.37	-0.88		-0.83	-0.86	-0.74	-0.94	-0.32	-0.73	-0.7	0.13
Total Liab	0.92	0.97	0.73	0.94	0.26	0.81	0.71	0.7	0.86	0.76	0.67	0.86	-0.16	-0.67	0.84	0.37	0.57	-0.83		0.6	0.87	0.86	0.43	0.63	0.56	-0.15
Property Plant And Equipment Gross	0.6	0.59	0.19	0.47	0.29	0.86	0.55	0.51	0.65	0.93	0.54	0.64	-0.49	-0.17	0.89	0.31	0.97	-0.86	0.6		0.56	0.81	0.29	0.85	0.75	0.03
Total Current Assets	0.92	0.78	0.79	0.95	0.51	0.84	0.37	0.75	0.95	0.77	0.7	0.96	-0.38	-0.32	0.72	0.62	0.52	-0.74	0.87	0.56		0.71	0.55	0.61	0.76	0.14
Short Term Debt	0.72	0.92	0.37	0.75	0.04	0.86	0.85	0.48	0.79	0.86	0.59	0.78	-0.12	-0.56	0.98	0.2	0.8	-0.94	0.86	0.81	0.71		0.44	0.61	0.57	-0.28
Accounts Payable	0.39	0.4	0.31	0.6	0.09	0.52	0.22	0.11	0.57	0.46	0.12	0.59	-0.18	0.15	0.43	0.33	0.18	-0.32	0.43	0.29	0.55	0.44		0.09	0.45	0.08
Common Stock Total Equity	0.78	0.53	0.48	0.51	0.64	0.81	0.35	0.81	0.6	0.85	0.68	0.6	-0.69	-0.22	0.69	0.54	0.8	-0.73	0.63	0.85	0.61	0.61	0.09		0.8	0.24
Common Stock	0.76	0.46	0.49	0.61	0.75	0.9	0.2	0.77	0.71	0.89	0.66	0.71	-0.84	0.11	0.63	0.82	0.67	-0.7	0.56	0.75	0.76	0.57	0.45	0.8		0.46
Other Liab	0.15	-0.35	0.21	0.02	0.66	0.14	-0.57	0.35	0.04	0.13	0.03	0.04	-0.72	0.6	-0.21	0.61	-0.09	0.13	-0.15	0.03	0.14	-0.28	0.08	0.24	0.46

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Haverty Furniture Account Relationship Matchups

Haverty Furniture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	560.1M	680.4M	686.3M	649.0M	715.3M	437.2M
Short Long Term Debt Total	179.0M	233.7M	230.4M	221.3M	217.8M	113.3M
Other Current Liab	39.7M	53.0M	46.7M	48.7M	46.3M	30.9M
Total Current Liabilities	127.0M	204.0M	210.4M	154.4M	138.3M	102.4M
Total Stockholder Equity	260.5M	253.0M	256.0M	289.4M	308.4M	224.8M
Property Plant And Equipment Net	332.0M	337.1M	348.5M	344.9M	373.9M	392.6M
Net Debt	103.3M	33.6M	64.2M	98.2M	90.0M	52.9M
Retained Earnings	296.0M	304.6M	343.0M	398.4M	419.5M	220.3M
Cash	75.7M	200.1M	166.1M	123.1M	127.8M	134.2M
Non Current Assets Total	355.5M	364.1M	377.2M	372.8M	464.8M	488.1M
Non Currrent Assets Other	10.3M	11.2M	12.4M	12.4M	14.1M	8.8M
Cash And Short Term Investments	75.7M	200.1M	166.1M	123.1M	127.8M	134.2M
Net Receivables	1.5M	16.3M	19.1M	16.5M	1.0	0.95
Common Stock Shares Outstanding	20.2M	18.9M	18.5M	17.0M	16.8M	23.6M
Liabilities And Stockholders Equity	560.1M	680.4M	686.3M	649.0M	715.3M	437.2M
Non Current Liabilities Total	172.6M	223.4M	219.9M	205.2M	268.7M	282.1M
Inventory	104.8M	89.9M	112.0M	118.3M	94.6M	94.6M
Other Current Assets	8.1M	10.0M	11.7M	18.3M	28.2M	29.6M
Other Stockholder Equity	(64.9M)	(80.7M)	(116.4M)	(140.1M)	(142.1M)	(135.0M)
Total Liab	299.6M	427.4M	430.3M	359.7M	407.0M	212.4M
Property Plant And Equipment Gross	332.0M	337.1M	348.5M	344.9M	665.7M	699.0M
Total Current Assets	204.5M	316.2M	309.1M	276.3M	250.5M	233.0M
Accumulated Other Comprehensive Income	(2.1M)	(2.6M)	(2.3M)	(756K)	(983K)	(1.0M)
Short Term Debt	29.4M	33.5M	33.6M	34.4M	37.4M	39.2M
Accounts Payable	27.8M	31.4M	31.2M	23.3M	18.8M	30.4M
Common Stock Total Equity	31.5M	31.6M	31.7M	31.8M	36.6M	32.7M
Common Stock	31.5M	31.6M	31.7M	31.8M	32.0M	32.8M
Other Liab	23.0M	23.2M	23.2M	18.4M	21.1M	24.9M
Other Assets	23.5M	255.8M	28.8M	27.9M	32.1M	32.3M
Treasury Stock	(129.0M)	(158.1M)	(177.5M)	(219.0M)	(197.1M)	(187.3M)
Property Plant Equipment	156.5M	108.4M	348.5M	344.9M	396.6M	222.6M
Current Deferred Revenue	30.1M	86.2M	98.9M	48.0M	35.8M	33.2M
Retained Earnings Total Equity	296.0M	304.6M	343.0M	398.4M	458.2M	273.6M
Net Tangible Assets	260.5M	253.0M	256.0M	289.4M	260.5M	222.6M
Capital Surpluse	93.2M	96.9M	102.6M	108.7M	125.0M	98.2M

Pair Trading with Haverty Furniture

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Haverty Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Haverty Furniture will appreciate offsetting losses from the drop in the long position's value.

Moving against Haverty Stock

0.84	BQ	Boqii Holding Limited	Pair Corr
0.77	JD	JD Inc Adr Aggressive Push	Pair Corr
0.75	LE	Lands End Earnings Call Today	Pair Corr
0.62	AN	AutoNation	Pair Corr

The ability to find closely correlated positions to Haverty Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haverty Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Haverty Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Haverty Furniture Companies to buy it.

The correlation of Haverty Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Haverty Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haverty Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Haverty Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Haverty Stock Analysis

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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