Halliburton Interest Coverage vs Income Quality Analysis

HAL Stock

USD 31.94 0.07 0.22%

Halliburton financial indicator trend analysis is much more than just examining Halliburton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halliburton is a good investment. Please check the relationship between Halliburton Interest Coverage and its Income Quality accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Halliburton's Interest Coverage and Income Quality is 0.55. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Interest Coverage and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Halliburton are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Halliburton's Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Halliburton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halliburton 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 Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 154.7 M this year, although the value of Discontinued Operations is projected to rise to (20.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	3.3B	23.0B	24.2B
Total Revenue	15.3B	20.3B	23.0B	16.6B

Gross Profit Total Revenue

Halliburton 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	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.74	0.74	0.86	0.82	0.89	0.34	0.92	0.64	0.94	0.89	0.64	0.84	0.72	0.79	0.78	0.78	-0.83	0.85	0.95	0.36	0.61	0.43	0.36	0.76	0.8
Short Long Term Debt Total	0.74		0.52	0.65	0.23	0.45	0.73	0.46	0.67	0.72	0.43	0.66	0.33	0.55	0.99	0.44	0.47	-0.81	0.97	0.68	0.11	0.48	0.53	0.06	0.64	0.67
Other Current Liab	0.74	0.52		0.52	0.68	0.69	0.11	0.74	0.71	0.58	0.74	0.71	0.55	0.36	0.54	0.36	0.78	-0.59	0.56	0.82	0.58	0.08	0.19	0.39	0.41	0.45
Total Current Liabilities	0.86	0.65	0.52		0.62	0.68	0.5	0.73	0.33	0.88	0.72	0.33	0.83	0.83	0.7	0.91	0.75	-0.8	0.81	0.76	0.29	0.87	0.69	0.46	0.89	0.87
Total Stockholder Equity	0.82	0.23	0.68	0.62		0.9	-0.21	0.95	0.45	0.72	0.92	0.46	0.87	0.5	0.3	0.66	0.71	-0.47	0.4	0.82	0.43	0.36	0.06	0.4	0.48	0.51
Property Plant And Equipment Net	0.89	0.45	0.69	0.68	0.9		0.12	0.97	0.41	0.87	0.89	0.41	0.9	0.55	0.53	0.73	0.67	-0.7	0.6	0.82	0.4	0.44	0.19	0.34	0.55	0.62
Net Debt	0.34	0.73	0.11	0.5	-0.21	0.12		0.04	0.08	0.48	0.06	0.07	0.15	0.52	0.74	0.35	0.13	-0.72	0.72	0.17	-0.14	0.53	0.8	0.19	0.58	0.6
Retained Earnings	0.92	0.46	0.74	0.73	0.95	0.97	0.04		0.51	0.86	0.95	0.51	0.91	0.56	0.53	0.74	0.74	-0.68	0.61	0.89	0.44	0.47	0.18	0.38	0.58	0.62
Cash	0.64	0.67	0.71	0.33	0.45	0.41	0.08	0.51		0.39	0.51	1.0	0.21	0.23	0.65	0.08	0.49	-0.42	0.61	0.8	0.27	0.03	0.06	0.11	0.28	0.32
Non Current Assets Total	0.94	0.72	0.58	0.88	0.72	0.87	0.48	0.86	0.39		0.82	0.39	0.85	0.79	0.78	0.87	0.67	-0.86	0.85	0.8	0.25	0.71	0.52	0.32	0.82	0.85
Non Currrent Assets Other	0.89	0.43	0.74	0.72	0.92	0.89	0.06	0.95	0.51	0.82		0.51	0.88	0.58	0.5	0.69	0.67	-0.67	0.58	0.87	0.31	0.49	0.26	0.53	0.62	0.63
Cash And Short Term Investments	0.64	0.66	0.71	0.33	0.46	0.41	0.07	0.51	1.0	0.39	0.51		0.21	0.24	0.64	0.08	0.49	-0.42	0.6	0.8	0.27	0.02	0.06	0.11	0.28	0.32
Net Receivables	0.84	0.33	0.55	0.83	0.87	0.9	0.15	0.91	0.21	0.85	0.88	0.21		0.67	0.42	0.86	0.68	-0.68	0.54	0.74	0.35	0.69	0.39	0.51	0.67	0.7
Common Stock Shares Outstanding	0.72	0.55	0.36	0.83	0.5	0.55	0.52	0.56	0.23	0.79	0.58	0.24	0.67		0.61	0.8	0.63	-0.7	0.7	0.6	0.27	0.7	0.78	0.42	0.96	0.98
Non Current Liabilities Total	0.79	0.99	0.54	0.7	0.3	0.53	0.74	0.53	0.65	0.78	0.5	0.64	0.42	0.61		0.52	0.5	-0.86	0.98	0.72	0.13	0.53	0.56	0.12	0.69	0.72
Inventory	0.78	0.44	0.36	0.91	0.66	0.73	0.35	0.74	0.08	0.87	0.69	0.08	0.86	0.8	0.52		0.69	-0.67	0.65	0.62	0.22	0.83	0.54	0.37	0.82	0.8
Other Current Assets	0.78	0.47	0.78	0.75	0.71	0.67	0.13	0.74	0.49	0.67	0.67	0.49	0.68	0.63	0.5	0.69		-0.56	0.59	0.79	0.68	0.37	0.36	0.34	0.64	0.66
Other Stockholder Equity	-0.83	-0.81	-0.59	-0.8	-0.47	-0.7	-0.72	-0.68	-0.42	-0.86	-0.67	-0.42	-0.68	-0.7	-0.86	-0.67	-0.56		-0.9	-0.72	-0.28	-0.62	-0.67	-0.41	-0.76	-0.81
Total Liab	0.85	0.97	0.56	0.81	0.4	0.6	0.72	0.61	0.61	0.85	0.58	0.6	0.54	0.7	0.98	0.65	0.59	-0.9		0.77	0.17	0.64	0.62	0.21	0.78	0.8
Total Current Assets	0.95	0.68	0.82	0.76	0.82	0.82	0.17	0.89	0.8	0.8	0.87	0.8	0.74	0.6	0.72	0.62	0.79	-0.72	0.77		0.42	0.45	0.3	0.37	0.64	0.67
Short Term Debt	0.36	0.11	0.58	0.29	0.43	0.4	-0.14	0.44	0.27	0.25	0.31	0.27	0.35	0.27	0.13	0.22	0.68	-0.28	0.17	0.42		-0.13	0.01	0.1	0.23	0.28
Accounts Payable	0.61	0.48	0.08	0.87	0.36	0.44	0.53	0.47	0.03	0.71	0.49	0.02	0.69	0.7	0.53	0.83	0.37	-0.62	0.64	0.45	-0.13		0.68	0.37	0.76	0.71
Intangible Assets	0.43	0.53	0.19	0.69	0.06	0.19	0.8	0.18	0.06	0.52	0.26	0.06	0.39	0.78	0.56	0.54	0.36	-0.67	0.62	0.3	0.01	0.68		0.58	0.82	0.8
Property Plant And Equipment Gross	0.36	0.06	0.39	0.46	0.4	0.34	0.19	0.38	0.11	0.32	0.53	0.11	0.51	0.42	0.12	0.37	0.34	-0.41	0.21	0.37	0.1	0.37	0.58		0.52	0.42
Common Stock Total Equity	0.76	0.64	0.41	0.89	0.48	0.55	0.58	0.58	0.28	0.82	0.62	0.28	0.67	0.96	0.69	0.82	0.64	-0.76	0.78	0.64	0.23	0.76	0.82	0.52		0.97
Common Stock	0.8	0.67	0.45	0.87	0.51	0.62	0.6	0.62	0.32	0.85	0.63	0.32	0.7	0.98	0.72	0.8	0.66	-0.81	0.8	0.67	0.28	0.71	0.8	0.42	0.97

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Halliburton Account Relationship Matchups

Halliburton fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.4B	20.7B	22.3B	23.3B	24.7B	16.5B
Short Long Term Debt Total	11.3B	10.8B	10.2B	8.9B	8.8B	4.8B
Other Current Liab	1.6B	1.6B	1.2B	1.4B	1.4B	1.6B
Total Current Liabilities	4.9B	4.4B	4.3B	5.3B	5.6B	3.7B
Total Stockholder Equity	8.0B	5.0B	6.7B	7.9B	9.4B	6.8B
Property Plant And Equipment Net	8.2B	5.1B	5.3B	5.3B	6.0B	4.9B
Net Debt	9.1B	8.3B	7.2B	6.6B	6.5B	6.9B
Retained Earnings	12.0B	8.7B	9.7B	10.6B	12.5B	8.0B
Cash	2.3B	2.6B	3.0B	2.3B	2.3B	1.9B
Non Current Assets Total	14.2B	11.2B	12.4B	12.3B	13.1B	8.2B
Non Currrent Assets Other	1.4B	1.1B	1.2B	1.6B	1.8B	1.4B
Cash And Short Term Investments	2.3B	2.6B	3.0B	2.3B	2.3B	1.9B
Net Receivables	4.6B	3.1B	3.7B	4.6B	4.9B	3.9B
Common Stock Shares Outstanding	877M	875M	881M	892M	908M	831.2M
Liabilities And Stockholders Equity	25.4B	20.7B	22.3B	23.3B	24.7B	16.5B
Non Current Liabilities Total	12.5B	11.3B	11.3B	9.9B	9.6B	6.0B
Inventory	3.1B	2.3B	2.4B	2.9B	3.2B	1.6B
Other Current Assets	1.2B	1.5B	872M	1.1B	1.2B	866.6M
Other Stockholder Equity	(6.3B)	(6.0B)	(5.5B)	(5.1B)	(5.5B)	(5.2B)
Total Liab	17.4B	15.7B	15.6B	15.3B	15.3B	9.6B
Total Current Assets	11.2B	9.5B	9.9B	11.0B	11.5B	8.5B
Short Term Debt	208M	946M	247M	224M	262M	356.6M
Accounts Payable	2.4B	1.6B	2.4B	3.1B	3.1B	1.6B
Property Plant And Equipment Gross	8.2B	5.1B	5.3B	5.3B	18.1B	19.0B
Common Stock Total Equity	2.7B	2.7B	2.7B	2.7B	3.1B	2.5B
Common Stock	2.7B	2.7B	2.7B	2.7B	2.7B	2.5B
Other Liab	1.3B	1.2B	1.4B	1.1B	989.1M	1.3B
Current Deferred Revenue	604M	517M	493M	2.6B	1.4B	1.5B
Other Assets	3.0B	4.1B	4.3B	4.2B	4.8B	2.7B
Long Term Debt	10.3B	9.1B	9.1B	7.9B	7.6B	6.7B
Good Will	2.8B	2.8B	2.8B	2.8B	2.9B	1.9B
Treasury Stock	(6.4B)	(6.0B)	(5.5B)	(5.1B)	(4.6B)	(4.8B)
Property Plant Equipment	7.3B	4.3B	5.3B	5.3B	6.1B	6.8B
Net Tangible Assets	5.2B	2.2B	3.9B	5.1B	4.6B	6.6B
Noncontrolling Interest In Consolidated Entity	22M	13M	9M	15M	26.1M	17.4M
Retained Earnings Total Equity	12.0B	8.7B	9.7B	10.6B	9.5B	10.1B

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:

How To Invest In Halliburton

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Is Halliburton Stock a good investment?

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What is Halliburton's Net Worth?

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Largest Oil & Gas Equipment & Services Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Is Oil & Gas Equipment & Services space 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 Halliburton. If investors know Halliburton 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 Halliburton 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

(0.18)

Dividend Share

0.67

Earnings Share

2.86

Revenue Per Share

26.012

Quarterly Revenue Growth

(0.02)

The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton'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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton'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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton'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.

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Halliburton Interest Coverage vs Income Quality Analysis

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

Correlation Coefficient

Interest Coverage

Income Quality

Halliburton fundamental ratios Correlations

Halliburton Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Halliburton fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.98	Common Stock Shares Outstanding
Total Liab	+ 0.98	Non Current Liabilities Total
Total Liab	+ 0.97	Short Long Term Debt Total
Retained Earnings	+ 0.97	Property Plant And Equipment Net

Total Liab	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Non Current Liabilities Total
Other Stockholder Equity	- 0.86	Non Current Assets Total
Other Stockholder Equity	- 0.83	Total Assets
Common Stock	- 0.81	Other Stockholder Equity
Other Stockholder Equity	- 0.81	Short Long Term Debt Total