Huntington Other Assets vs Short Term Investments Analysis
HBANL Stock | USD 26.03 0.16 0.62% |
Huntington Bancshares financial indicator trend analysis is much more than just examining Huntington Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Bancshares is a good investment. Please check the relationship between Huntington Bancshares Other Assets and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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.
Other Assets vs Short Term Investments
Other Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Other Assets account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Huntington Bancshares' Other Assets and Short Term Investments is 0.85. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Huntington Bancshares Incorporated, assuming nothing else is changed. The correlation between historical values of Huntington Bancshares' Other Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Huntington Bancshares Incorporated are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Assets i.e., Huntington Bancshares' Other Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Assets
Short Term Investments
Short Term Investments is an item under the current assets section of Huntington Bancshares balance sheet. It contains any investments Huntington Bancshares Incorporated undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Huntington Bancshares can easily liquidate in the marketplace.Most indicators from Huntington Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Bancshares 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 Huntington Bancshares Incorporated. 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. At this time, Huntington Bancshares' Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 416.3 M this year, although the value of Tax Provision will most likely fall to about 389.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.6B | 3.8B | 2.4B | 2.5B | Other Operating Expenses | 4.4B | 91M | 7.4B | 7.7B |
Huntington Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
Huntington Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huntington Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.1B | 1.0B | 1.3B | 1.5B | 1.5B | 1.5B | |
Total Assets | 109.0B | 123.0B | 174.1B | 182.9B | 189.4B | 198.8B | |
Short Long Term Debt Total | 12.5B | 8.5B | 7.4B | 11.7B | 12.4B | 7.3B | |
Other Current Liab | (2.6B) | (112M) | (14M) | (1.8B) | (2M) | (2.1M) | |
Total Current Liabilities | 2.6B | 183M | 334M | 2.5K | 2M | 1.9M | |
Total Stockholder Equity | 11.8B | 13.0B | 19.3B | 17.7B | 19.4B | 20.3B | |
Property Plant And Equipment Net | 763M | 757M | 1.2B | 1.2B | 1.1B | 601.1M | |
Net Debt | 11.2B | 1.8B | 1.5B | 4.8B | 2.1B | 2.0B | |
Retained Earnings | 2.1B | 1.9B | 2.2B | 3.4B | 4.3B | 4.5B | |
Cash | 1.3B | 6.7B | 5.9B | 6.9B | 10.1B | 10.6B | |
Non Current Assets Total | 27.0B | 29.0B | 48.7B | 5.7K | 7.3B | 11.9B | |
Non Currrent Assets Other | (27.0B) | (29.0B) | (48.7B) | (48.8B) | (7.3B) | (7.7B) | |
Other Assets | 66.6B | 70.8B | 86.0B | 182.9B | 171.9B | 180.5B | |
Cash And Short Term Investments | 15.4B | 23.2B | 34.4B | 25.1K | 10.1B | 6.4B | |
Liabilities And Stockholders Equity | 109.0B | 123.0B | 174.1B | 182.9B | 189.4B | 198.8B | |
Non Current Liabilities Total | 9.8B | 8.4B | 7.1B | 112.1K | 169.4B | 177.8B | |
Other Stockholder Equity | 8.8B | 8.7B | 15.1B | 15.2B | 15.3B | 16.1B | |
Total Liab | 97.2B | 110.0B | 154.7B | 165.1B | 170.0B | 178.5B | |
Total Current Assets | 15.4B | 23.2B | 39.3B | 25.1K | 10.1B | 9.9B | |
Short Term Debt | 2.6B | 112M | 14M | 1.8B | 2M | 1.9M | |
Accumulated Other Comprehensive Income | (256M) | 192M | (229M) | (3.1B) | (2.7B) | (2.5B) | |
Other Current Assets | 1.4B | 6.8B | 6.4B | 6.9B | 10.4B | 9.8B | |
Short Term Investments | 14.1B | 16.5B | 28.5B | 23.4B | 25.3B | 26.6B | |
Intangible Assets | 475M | 428M | 611M | 712M | 672M | 399.5M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks 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 Huntington Bancshares. If investors know Huntington 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 Huntington Bancshares 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 (0.06) | Dividend Share 0.62 | Revenue Per Share 4.613 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0087 |
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' 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 Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' 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 Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' 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.