L3Harris Capital Expenditures vs Dividends Paid Analysis
0L3H Stock | 246.09 0.85 0.35% |
L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Capital Expenditures and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Capital Expenditures vs Dividends Paid
Capital Expenditures vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between L3Harris Technologies' Capital Expenditures and Dividends Paid is 0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of L3Harris Technologies are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., L3Harris Technologies' Capital Expenditures and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by L3Harris Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of L3Harris Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Tax Provision is likely to drop to about 267 M in 2024. Discontinued Operations is likely to drop to about (1.2 M) in 2024
2019 | 2021 | 2022 | 2024 (projected) | Total Revenue | 18.5B | 17.8B | 19.4B | 18.7B | Depreciation And Amortization | 894M | 970M | 1.2B | 1.0B |
L3Harris Technologies fundamental ratios Correlations
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L3Harris Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.