HEES Other Current Assets from 2010 to 2024

HEES Stock  USD 58.76  2.08  3.67%   
HE Equipment Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets will likely drop to about 15.7 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2005-09-30
Previous Quarter
18 M
Current Value
14.5 M
Quarterly Volatility
6.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 428.4 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of HE Equipment Services over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. HE Equipment's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HE Equipment's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

HEES Other Current Assets Regression Statistics

Arithmetic Mean18,184,738
Geometric Mean11,012,033
Coefficient Of Variation160.22
Mean Deviation14,591,571
Median10,054,000
Standard Deviation29,136,305
Sample Variance848.9T
Range118.9M
R-Value0.35
Mean Square Error799.1T
R-Squared0.13
Significance0.19
Slope2,312,113
Total Sum of Squares11884.9T

HEES Other Current Assets History

202415.7 M
202317.5 M
202221.5 M
202121.1 M
2020121.5 M
201910.3 M
201810.5 M

About HE Equipment Financial Statements

HE Equipment shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets17.5 M15.7 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment'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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.