Haverty Total Stockholder Equity vs Common Stock Total Equity Analysis

HVT Stock  USD 28.10  0.19  0.67%   
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 Common Stock Total Equity 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 Stockholder Equity vs Common Stock Total Equity

Total Stockholder Equity vs Common Stock Total Equity 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 Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Haverty Furniture's Total Stockholder Equity and Common Stock Total Equity is 0.64. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity 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 Common Stock Total Equity 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 Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., Haverty Furniture's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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

0.820.840.910.620.860.480.90.840.810.770.84-0.49-0.450.720.660.55-0.760.920.60.920.720.390.780.760.15
0.820.60.870.080.770.850.570.80.720.610.79-0.01-0.750.870.230.59-0.850.970.590.780.920.40.530.46-0.35
0.840.60.790.590.530.210.770.640.440.470.66-0.32-0.380.360.60.18-0.40.730.190.790.370.310.480.490.21
0.910.870.790.340.780.510.670.910.70.640.91-0.21-0.480.720.490.41-0.720.940.470.950.750.60.510.610.02
0.620.080.590.340.5-0.240.830.340.460.540.36-0.880.240.090.880.22-0.220.260.290.510.040.090.640.750.66
0.860.770.530.780.50.580.730.830.990.690.83-0.58-0.240.890.620.8-0.90.810.860.840.860.520.810.90.14
0.480.850.210.51-0.240.580.260.410.570.310.40.18-0.740.79-0.030.59-0.750.710.550.370.850.220.350.2-0.57
0.90.570.770.670.830.730.260.610.690.770.62-0.65-0.310.480.790.48-0.630.70.510.750.480.110.810.770.35
0.840.80.640.910.340.830.410.610.80.711.0-0.29-0.330.810.410.59-0.780.860.650.950.790.570.60.710.04
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
0.770.610.470.640.540.690.310.770.710.670.69-0.44-0.350.570.460.5-0.660.670.540.70.590.120.680.660.03
0.840.790.660.910.360.830.40.621.00.80.69-0.31-0.310.80.430.59-0.760.860.640.960.780.590.60.710.04
-0.49-0.01-0.32-0.21-0.88-0.580.18-0.65-0.29-0.58-0.44-0.31-0.44-0.2-0.81-0.360.27-0.16-0.49-0.38-0.12-0.18-0.69-0.84-0.72
-0.45-0.75-0.38-0.480.24-0.24-0.74-0.31-0.33-0.2-0.35-0.31-0.44-0.480.2-0.270.52-0.67-0.17-0.32-0.560.15-0.220.110.6
0.720.870.360.720.090.890.790.480.810.910.570.8-0.2-0.480.220.87-0.950.840.890.720.980.430.690.63-0.21
0.660.230.60.490.880.62-0.030.790.410.550.460.43-0.810.20.220.26-0.370.370.310.620.20.330.540.820.61
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
-0.76-0.85-0.4-0.72-0.22-0.9-0.75-0.63-0.78-0.91-0.66-0.760.270.52-0.95-0.37-0.88-0.83-0.86-0.74-0.94-0.32-0.73-0.70.13
0.920.970.730.940.260.810.710.70.860.760.670.86-0.16-0.670.840.370.57-0.830.60.870.860.430.630.56-0.15
0.60.590.190.470.290.860.550.510.650.930.540.64-0.49-0.170.890.310.97-0.860.60.560.810.290.850.750.03
0.920.780.790.950.510.840.370.750.950.770.70.96-0.38-0.320.720.620.52-0.740.870.560.710.550.610.760.14
0.720.920.370.750.040.860.850.480.790.860.590.78-0.12-0.560.980.20.8-0.940.860.810.710.440.610.57-0.28
0.390.40.310.60.090.520.220.110.570.460.120.59-0.180.150.430.330.18-0.320.430.290.550.440.090.450.08
0.780.530.480.510.640.810.350.810.60.850.680.6-0.69-0.220.690.540.8-0.730.630.850.610.610.090.80.24
0.760.460.490.610.750.90.20.770.710.890.660.71-0.840.110.630.820.67-0.70.560.750.760.570.450.80.46
0.15-0.350.210.020.660.14-0.570.350.040.130.030.04-0.720.6-0.210.61-0.090.13-0.150.030.14-0.280.080.240.46
Click cells to compare fundamentals

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 Other10.3M11.2M12.4M12.4M14.1M8.8M
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

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

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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 CorrelationCorrelation Matching
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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
(0.81)
Dividend Share
1.2
Earnings Share
2.76
Revenue Per Share
50.493
Quarterly Revenue Growth
(0.18)
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.