Heroux Devtek Stock Total Asset

HRX Stock  CAD 31.73  0.22  0.70%   
Heroux Devtek fundamentals help investors to digest information that contributes to Heroux Devtek's financial success or failures. It also enables traders to predict the movement of Heroux Stock. The fundamental analysis module provides a way to measure Heroux Devtek's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heroux Devtek stock.
Last ReportedProjected for Next Year
Total Assets911.4 M518.4 M
Intangibles To Total Assets 0.19  0.12 
As of the 29th of November 2024, Total Assets is likely to drop to about 518.4 M. In addition to that, Intangibles To Total Assets is likely to drop to 0.12.
  
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Heroux Devtek Company Total Asset Analysis

Heroux Devtek's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Heroux Devtek Total Asset

    
  911.42 M  
Most of Heroux Devtek's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heroux Devtek is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Heroux Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Heroux Devtek is extremely important. It helps to project a fair market value of Heroux Stock properly, considering its historical fundamentals such as Total Asset. Since Heroux Devtek's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heroux Devtek's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heroux Devtek's interrelated accounts and indicators.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Heroux Total Assets

Total Assets

518.36 Million

At this time, Heroux Devtek's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Heroux Devtek has a Total Asset of 911.42 M. This is 77.24% lower than that of the Aerospace & Defense sector and 91.07% lower than that of the Industrials industry. The total asset for all Canada stocks is 96.91% higher than that of the company.

Heroux Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heroux Devtek's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heroux Devtek could also be used in its relative valuation, which is a method of valuing Heroux Devtek by comparing valuation metrics of similar companies.
Heroux Devtek is currently under evaluation in total asset category among its peers.

Heroux Devtek Current Valuation Drivers

We derive many important indicators used in calculating different scores of Heroux Devtek from analyzing Heroux Devtek's financial statements. These drivers represent accounts that assess Heroux Devtek's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Heroux Devtek's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap380.7M624.8M610.9M449.7M622.9M654.0M
Enterprise Value624.5M780.0M760.8M612.6M831.1M872.7M

Heroux Fundamentals

About Heroux Devtek Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Heroux Devtek's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heroux Devtek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heroux Devtek based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Heroux Stock

Heroux Devtek financial ratios help investors to determine whether Heroux Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Heroux with respect to the benefits of owning Heroux Devtek security.