Harvard Good Will vs Long Term Debt Analysis
HBIO Stock | USD 2.24 0.03 1.32% |
Harvard Bioscience financial indicator trend analysis is much more than just examining Harvard Bioscience latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harvard Bioscience is a good investment. Please check the relationship between Harvard Bioscience Good Will and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.
Good Will vs Long Term Debt
Good Will vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harvard Bioscience Good Will account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Harvard Bioscience's Good Will and Long Term Debt is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Harvard Bioscience, assuming nothing else is changed. The correlation between historical values of Harvard Bioscience's Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Harvard Bioscience are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Harvard Bioscience's Good Will and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Debt
Long-term debt is a debt that Harvard Bioscience has held for over one year. Long-term debt appears on Harvard Bioscience balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Harvard Bioscience balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Harvard Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harvard Bioscience 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 Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.At this time, Harvard Bioscience's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 1.1 M, while Discontinued Operations is likely to drop about 1.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 67.7M | 60.8M | 60.9M | 48.3M | Total Revenue | 118.9M | 113.3M | 112.3M | 96.8M |
Harvard Bioscience fundamental ratios Correlations
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Harvard Bioscience Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harvard Bioscience fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 164.9M | 156.3M | 162.3M | 145.4M | 137.4M | 124.6M | |
Total Stockholder Equity | 81.7M | 76.7M | 83.4M | 72.2M | 73.1M | 82.7M | |
Net Debt | 45.5M | 39.7M | 40.5M | 42.3M | 38.5M | 40.4M | |
Cash | 8.3M | 8.3M | 7.8M | 4.5M | 4.3M | 4.1M | |
Other Assets | 2.3M | 8.9M | 12.3M | 7.8M | 8.9M | 5.2M | |
Cash And Short Term Investments | 8.3M | 8.3M | 7.8M | 4.5M | 4.3M | 4.1M | |
Common Stock Shares Outstanding | 37.8M | 38.6M | 40.3M | 41.4M | 42.4M | 33.1M | |
Liabilities And Stockholders Equity | 164.9M | 156.3M | 162.3M | 145.4M | 137.4M | 124.6M | |
Other Stockholder Equity | 218.5M | 221.7M | 225.7M | 229.0M | 232.4M | 193.5M | |
Total Liab | 83.2M | 79.6M | 78.9M | 73.1M | 64.3M | 41.9M | |
Total Current Assets | 53.6M | 51.7M | 61.6M | 51.1M | 49.0M | 53.5M | |
Short Long Term Debt Total | 53.8M | 48.0M | 48.3M | 46.8M | 42.8M | 22.7M | |
Other Current Liab | 9.1M | 7.2M | 10.5M | 7.5M | 12.3M | 6.2M | |
Total Current Liabilities | 25.3M | 21.1M | 25.3M | 23.2M | 26.5M | 17.5M | |
Property Plant And Equipment Net | 4.8M | 4.0M | 3.4M | 3.4M | 8.8M | 4.9M | |
Retained Earnings | (124.6M) | (132.4M) | (132.7M) | (142.2M) | (145.6M) | (152.9M) | |
Accounts Payable | 5.3M | 6.0M | 4.9M | 6.4M | 5.6M | 5.7M | |
Non Current Assets Total | 111.3M | 104.6M | 100.8M | 94.2M | 88.3M | 73.6M | |
Non Currrent Assets Other | 10.7M | 8.9M | 12.3M | 13.6M | 6.5M | 4.1M | |
Net Receivables | 20.7M | 17.8M | 21.8M | 16.7M | 16.1M | 18.5M | |
Common Stock Total Equity | 438K | 444K | 452K | 454K | 522.1K | 407.4K | |
Non Current Liabilities Total | 57.9M | 58.5M | 53.6M | 49.9M | 37.8M | 25.8M | |
Inventory | 22.1M | 22.3M | 27.6M | 26.4M | 24.7M | 19.3M | |
Other Current Assets | 2.5M | 3.4M | 4.3M | 3.5M | 3.9M | 6.2M | |
Property Plant And Equipment Gross | 13.2M | 11.7M | 3.4M | 24.0M | 23.1M | 24.3M | |
Accumulated Other Comprehensive Income | (12.7M) | (13.1M) | (10.0M) | (15.1M) | (14.2M) | (13.5M) | |
Short Term Debt | 6.9M | 3.8M | 5.4M | 5.9M | 8.7M | 9.1M | |
Intangible Assets | 38.4M | 33.2M | 27.4M | 21.0M | 16.0M | 21.5M | |
Common Stock | 438K | 444K | 452K | 454K | 434K | 410.2K | |
Long Term Debt | 46.9M | 46.3M | 45.1M | 43.0M | 30.7M | 20.7M | |
Good Will | 57.4M | 58.6M | 57.7M | 56.3M | 57.1M | 46.4M | |
Property Plant Equipment | 4.8M | 4.0M | 3.4M | 3.4M | 3.0M | 3.5M | |
Current Deferred Revenue | 3.9M | 3.8M | 4.3M | 3.4M | 7.7M | 8.1M | |
Other Liab | 2.1M | 12.2M | 8.5M | 1.6M | 1.8M | 1.7M | |
Net Tangible Assets | 24.3M | (15.1M) | 83.4M | 72.2M | 65.0M | 68.2M | |
Retained Earnings Total Equity | (124.6M) | (132.4M) | (132.7M) | (142.2M) | (128.0M) | (134.4M) | |
Long Term Debt Total | 9.0M | 58.8M | 46.9M | 46.3M | 53.2M | 30.0M | |
Capital Surpluse | 229.2M | 232.4M | 225.7M | 229.0M | 263.4M | 239.3M | |
Deferred Long Term Liab | 2.3M | 2.0M | 1.9M | 590K | 678.5K | 644.6K |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Life Sciences Tools & 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 Harvard Bioscience. If investors know Harvard 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 Harvard Bioscience 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 (0.80) | Earnings Share (0.33) | Revenue Per Share 2.258 | Quarterly Revenue Growth (0.13) | Return On Assets (0.02) |
The market value of Harvard Bioscience is measured differently than its book value, which is the value of Harvard that is recorded on the company's balance sheet. Investors also form their own opinion of Harvard Bioscience's value that differs from its market value or its book value, called intrinsic value, which is Harvard Bioscience'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 Harvard Bioscience's market value can be influenced by many factors that don't directly affect Harvard Bioscience'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 Harvard Bioscience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harvard Bioscience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harvard Bioscience'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.