Hannon Accounts Payable vs Property Plant Equipment Analysis

HASI Stock  USD 28.59  0.54  1.93%   
Hannon Armstrong financial indicator trend analysis is much more than just examining Hannon Armstrong Sus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannon Armstrong Sus is a good investment. Please check the relationship between Hannon Armstrong Accounts Payable and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannon Armstrong Sustainable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannon Armstrong Sus Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hannon Armstrong's Accounts Payable and Property Plant Equipment is 0.91. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Hannon Armstrong Sustainable, assuming nothing else is changed. The correlation between historical values of Hannon Armstrong's Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Hannon Armstrong Sustainable are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Hannon Armstrong's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Hannon Armstrong obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hannon Armstrong Sus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

Most indicators from Hannon Armstrong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannon Armstrong Sus 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 Hannon Armstrong Sustainable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Hannon Armstrong's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense121.7M115.6M171.0M162.5M
Depreciation And Amortization73.4M106.2M182.8M192.0M

Hannon Armstrong fundamental ratios Correlations

0.980.97-0.470.470.990.34-0.980.880.540.73-0.81-0.290.910.540.950.470.970.70.970.290.420.90.76-0.60.91
0.981.0-0.40.40.990.21-0.960.810.50.74-0.82-0.280.940.50.980.341.00.761.00.280.280.850.84-0.60.86
0.971.0-0.410.380.990.18-0.940.780.480.72-0.83-0.270.950.480.980.311.00.771.00.270.240.830.86-0.60.84
-0.47-0.4-0.41-0.45-0.42-0.450.43-0.52-0.51-0.190.540.27-0.37-0.51-0.29-0.6-0.38-0.21-0.38-0.27-0.45-0.43-0.220.09-0.47
0.470.40.38-0.450.440.84-0.540.70.550.35-0.41-0.90.460.550.340.750.370.320.370.90.560.560.350.380.59
0.990.990.99-0.420.440.27-0.970.850.530.73-0.82-0.290.940.530.970.410.980.730.990.290.340.880.81-0.60.89
0.340.210.18-0.450.840.27-0.410.660.660.37-0.12-0.590.170.660.130.840.170.130.170.590.850.54-0.080.280.55
-0.98-0.96-0.940.43-0.54-0.97-0.41-0.91-0.52-0.770.740.38-0.88-0.52-0.93-0.5-0.94-0.66-0.94-0.39-0.5-0.93-0.750.51-0.94
0.880.810.78-0.520.70.850.66-0.910.670.7-0.69-0.470.770.670.750.760.770.50.780.470.660.960.53-0.330.97
0.540.50.48-0.510.550.530.66-0.520.670.39-0.53-0.270.461.00.370.710.460.540.470.270.50.580.16-0.170.6
0.730.740.72-0.190.350.730.37-0.770.70.39-0.31-0.220.570.390.740.170.740.70.740.220.480.850.5-0.450.82
-0.81-0.82-0.830.54-0.41-0.82-0.120.74-0.69-0.53-0.310.3-0.89-0.53-0.76-0.46-0.81-0.58-0.81-0.3-0.03-0.63-0.770.44-0.67
-0.29-0.28-0.270.27-0.9-0.29-0.590.38-0.47-0.27-0.220.3-0.39-0.27-0.27-0.47-0.27-0.28-0.27-1.0-0.27-0.34-0.46-0.58-0.36
0.910.940.95-0.370.460.940.17-0.880.770.460.57-0.89-0.390.460.940.370.940.680.940.390.10.770.88-0.450.78
0.540.50.48-0.510.550.530.66-0.520.671.00.39-0.53-0.270.460.370.710.460.540.470.270.50.580.16-0.170.6
0.950.980.98-0.290.340.970.13-0.930.750.370.74-0.76-0.270.940.370.230.990.720.990.270.20.810.88-0.590.81
0.470.340.31-0.60.750.410.84-0.50.760.710.17-0.46-0.470.370.710.230.280.030.280.470.730.580.040.070.61
0.971.01.0-0.380.370.980.17-0.940.770.460.74-0.81-0.270.940.460.990.280.781.00.280.230.830.87-0.60.84
0.70.760.77-0.210.320.730.13-0.660.50.540.7-0.58-0.280.680.540.720.030.780.770.280.050.580.7-0.380.59
0.971.01.0-0.380.370.990.17-0.940.780.470.74-0.81-0.270.940.470.990.281.00.770.270.240.830.86-0.610.84
0.290.280.27-0.270.90.290.59-0.390.470.270.22-0.3-1.00.390.270.270.470.280.280.270.270.340.460.570.37
0.420.280.24-0.450.560.340.85-0.50.660.50.48-0.03-0.270.10.50.20.730.230.050.240.270.6-0.12-0.060.61
0.90.850.83-0.430.560.880.54-0.930.960.580.85-0.63-0.340.770.580.810.580.830.580.830.340.60.56-0.460.99
0.760.840.86-0.220.350.81-0.08-0.750.530.160.5-0.77-0.460.880.160.880.040.870.70.860.46-0.120.56-0.320.58
-0.6-0.6-0.60.090.38-0.60.280.51-0.33-0.17-0.450.44-0.58-0.45-0.17-0.590.07-0.6-0.38-0.610.57-0.06-0.46-0.32-0.46
0.910.860.84-0.470.590.890.55-0.940.970.60.82-0.67-0.360.780.60.810.610.840.590.840.370.610.990.58-0.46
Click cells to compare fundamentals

Hannon Armstrong Account Relationship Matchups

Hannon Armstrong fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding64.8M74.4M87.7M90.6M109.5M114.9M
Total Assets2.4B3.5B4.1B4.8B6.6B6.9B
Short Long Term Debt Total1.4B2.2B2.5B3.0B4.2B4.4B
Other Current Liab(53.5M)(59.9M)(114.0M)(76.1M)(17M)(16.2M)
Total Current Liabilities53.5M59.9M114.0M263.3M17M16.2M
Total Stockholder Equity936.5M1.2B1.5B1.6B2.1B2.2B
Net Debt1.4B1.9B2.3B2.8B(62.6M)(59.5M)
Retained Earnings(174.3M)(204.1M)(193.7M)(285.5M)(303.5M)(288.4M)
Accounts Payable53.5M59.9M63.9M76.1M66.3M38.2M
Cash6.2M286.3M226.2M155.7M62.6M84.6M
Non Current Assets Total697.1M1.5B2.0B2.1B3.0B1.6B
Non Currrent Assets Other(697.1M)(1.5B)(2.0B)(2.1B)(3.0B)(2.8B)
Other Assets524.3M459.5M488.3M(2.0T)3.5B3.7B
Long Term Debt1.4B1.6B1.9B2.9B3.4B3.5B
Cash And Short Term Investments6.2M286.3M226.2M155.7M62.6M84.6M
Net Receivables1.2B1.2B1.4B2.1B3.0B3.1B
Short Term Investments151.2M169.8M1.8B1.9B22M20.9M
Liabilities And Stockholders Equity2.4B3.5B4.1B4.8B6.6B6.9B
Non Current Liabilities Total1.4B2.2B2.5B3.1B4.4B4.6B
Other Stockholder Equity(2.0B)1.4B1.7B1.9B2.4B2.6B
Total Liab1.4B2.2B2.5B3.1B4.4B4.6B
Total Current Assets1.2B1.5B1.7B2.0T3.0B2.9B
Intangible Assets93M90M87M84M14M13.3M
Common Stock663K765K853K908K1.1M576.2K
Inventory1.4B1.7B1.9B2.0T2.3T2.5T
Other Current Assets(1.4B)(1.7B)(1.9B)2.1B(3.4B)(3.2B)
Accumulated Other Comprehensive Income3.3B12.6B9.9B(10.4B)13.2M12.5M
Common Stock Total Equity663K765K853K908K1.0M612.6K
Property Plant Equipment269.3M359.2M356.1M269M309.4M237.8M
Other Liab14M8M25M44M39.6M61.1M
Net Tangible Assets843.5M1.2B1.5B1.6B1.9B963.0M
Property Plant And Equipment Net269.3M269.2M269.1M269M97.0M92.2M
Capital Surpluse1.1B1.4B1.7B1.9B2.2B1.1B
Long Term Investments697.1M1.9B2.0B2.1B3.2B1.7B

Currently Active Assets on Macroaxis

When determining whether Hannon Armstrong Sus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hannon Armstrong's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hannon Armstrong Sustainable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hannon Armstrong Sustainable Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannon Armstrong Sustainable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified REITs 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 Hannon Armstrong. If investors know Hannon 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 Hannon Armstrong 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
0.687
Dividend Share
1.64
Earnings Share
1.92
Revenue Per Share
1.223
Quarterly Revenue Growth
(0.42)
The market value of Hannon Armstrong Sus is measured differently than its book value, which is the value of Hannon that is recorded on the company's balance sheet. Investors also form their own opinion of Hannon Armstrong's value that differs from its market value or its book value, called intrinsic value, which is Hannon Armstrong'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 Hannon Armstrong's market value can be influenced by many factors that don't directly affect Hannon Armstrong'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 Hannon Armstrong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannon Armstrong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannon Armstrong'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.