Hindustan Good Will vs Property Plant And Equipment Net Analysis

HCC Stock   37.34  1.25  3.46%   
Hindustan Construction financial indicator trend analysis is much more than just examining Hindustan Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Construction is a good investment. Please check the relationship between Hindustan Construction Good Will and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Construction. 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.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Construction Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hindustan Construction's Good Will and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Hindustan Construction, assuming nothing else is changed. The correlation between historical values of Hindustan Construction's Good Will and Property Plant And Equipment Net 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 Hindustan Construction are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Hindustan Construction's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Hindustan Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Construction 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 Hindustan Construction. 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.
The current year's Tax Provision is expected to grow to about 2.6 B, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense9.6B10.1B8.1B7.4B
Depreciation And Amortization1.4B1.3B1.1B2.0B

Hindustan Construction fundamental ratios Correlations

0.860.070.720.120.690.86-0.160.450.30.780.240.160.090.68-0.050.780.66-0.020.840.980.75-0.040.530.31-0.49
0.86-0.060.450.350.821.00.210.120.190.920.1-0.01-0.040.84-0.40.820.85-0.220.640.80.44-0.380.75-0.01-0.41
0.07-0.060.050.09-0.12-0.10.08-0.180.83-0.12-0.470.86-0.48-0.120.170.02-0.050.61-0.180.050.260.090.07-0.10.51
0.720.450.05-0.50.430.44-0.650.820.120.250.240.120.430.350.390.150.130.350.690.830.920.39-0.10.8-0.37
0.120.350.09-0.50.380.350.86-0.680.130.55-0.160.07-0.740.4-0.690.490.72-0.4-0.05-0.1-0.44-0.690.73-0.660.15
0.690.82-0.120.430.380.810.320.080.10.760.050.08-0.110.94-0.520.520.84-0.30.470.610.33-0.490.47-0.01-0.11
0.861.0-0.10.440.350.810.210.120.140.930.13-0.06-0.040.84-0.410.810.85-0.250.640.790.42-0.390.760.0-0.43
-0.160.210.08-0.650.860.320.21-0.880.110.34-0.40.07-0.740.36-0.850.240.57-0.38-0.42-0.35-0.63-0.870.59-0.770.39
0.450.12-0.180.82-0.680.080.12-0.88-0.16-0.020.48-0.070.710.00.64-0.01-0.210.210.690.610.780.71-0.40.78-0.45
0.30.190.830.120.130.10.140.11-0.160.15-0.40.87-0.280.130.060.30.170.36-0.070.260.31-0.010.25-0.240.26
0.780.92-0.120.250.550.760.930.34-0.020.150.29-0.01-0.190.76-0.410.860.9-0.390.580.670.21-0.410.82-0.17-0.35
0.240.1-0.470.24-0.160.050.13-0.40.48-0.40.29-0.220.3-0.010.420.19-0.01-0.310.470.290.080.39-0.150.29-0.25
0.16-0.010.860.120.070.08-0.060.07-0.070.87-0.01-0.22-0.380.010.170.070.030.41-0.140.140.270.09-0.04-0.130.6
0.09-0.04-0.480.43-0.74-0.11-0.04-0.740.71-0.28-0.190.3-0.38-0.120.48-0.12-0.41-0.060.390.260.390.59-0.450.41-0.58
0.680.84-0.120.350.40.940.840.360.00.130.76-0.010.01-0.12-0.590.590.84-0.360.420.590.29-0.550.55-0.09-0.2
-0.05-0.40.170.39-0.69-0.52-0.41-0.850.640.06-0.410.420.170.48-0.59-0.33-0.640.520.210.110.40.96-0.570.57-0.11
0.780.820.020.150.490.520.810.24-0.010.30.860.190.07-0.120.59-0.330.73-0.330.610.680.28-0.310.79-0.24-0.43
0.660.85-0.050.130.720.840.850.57-0.210.170.9-0.010.03-0.410.84-0.640.73-0.330.380.510.11-0.620.84-0.24-0.18
-0.02-0.220.610.35-0.4-0.3-0.25-0.380.210.36-0.39-0.310.41-0.06-0.360.52-0.33-0.33-0.090.070.450.41-0.260.510.26
0.840.64-0.180.69-0.050.470.64-0.420.69-0.070.580.47-0.140.390.420.210.610.38-0.090.850.720.290.260.45-0.67
0.980.80.050.83-0.10.610.79-0.350.610.260.670.290.140.260.590.110.680.510.070.850.840.120.370.46-0.52
0.750.440.260.92-0.440.330.42-0.630.780.310.210.080.270.390.290.40.280.110.450.720.840.43-0.040.69-0.36
-0.04-0.380.090.39-0.69-0.49-0.39-0.870.71-0.01-0.410.390.090.59-0.550.96-0.31-0.620.410.290.120.43-0.570.54-0.21
0.530.750.07-0.10.730.470.760.59-0.40.250.82-0.15-0.04-0.450.55-0.570.790.84-0.260.260.37-0.04-0.57-0.42-0.29
0.31-0.01-0.10.8-0.66-0.010.0-0.770.78-0.24-0.170.29-0.130.41-0.090.57-0.24-0.240.510.450.460.690.54-0.42-0.28
-0.49-0.410.51-0.370.15-0.11-0.430.39-0.450.26-0.35-0.250.6-0.58-0.2-0.11-0.43-0.180.26-0.67-0.52-0.36-0.21-0.29-0.28
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Hindustan Construction Account Relationship Matchups

Hindustan Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets121.7B127.8B142.0B131.8B90.6B128.3B
Short Long Term Debt Total42.5B47.8B44.7B55.1B22.2B21.1B
Other Current Liab702.9M16.7B56.5B15.6B14.3B12.7B
Total Current Liabilities95.9B107.7B118.7B70.2B59.0B72.4B
Total Stockholder Equity(7.6B)(13.2B)(7.8B)(7.1B)(1.7B)(1.6B)
Property Plant And Equipment Net8.8B8.0B6.6B5.5B3.8B3.6B
Net Debt39.8B41.3B37.5B49.3B18.2B17.3B
Retained Earnings(36.3B)(42.2B)(37.4B)(36.2B)(32.9B)(31.3B)
Accounts Payable29.7B30.5B30.6B29.9B24.7B24.0B
Cash2.8B6.4B7.2B5.8B4.0B5.2B
Non Current Assets Total49.6B23.7B20.2B55.5B22.3B21.2B
Non Currrent Assets Other31.7B3.4B5.0B40.7B15.4B11.2B
Cash And Short Term Investments3.5B7.5B17.0B12.5B5.1B7.1B
Net Receivables63.8B83.7B(928.9M)56.2B56.2B34.2B
Liabilities And Stockholders Equity121.7B127.8B142.0B131.8B90.6B128.3B
Non Current Liabilities Total33.3B33.2B31.1B68.7B33.3B53.3B
Inventory4.7B4.8B4.8B4.9B4.4B4.1B
Other Current Assets136.7M87.0B100.8B3.6B2.6B2.5B
Other Stockholder Equity33.0B27.5B29.3B29.5B28.3B27.9B
Total Liab129.3B141.0B149.8B138.9B92.3B125.7B
Total Current Assets72.1B104.0B121.7B76.3B68.3B79.3B
Accumulated Other Comprehensive Income(7.0B)995.9M1.1B1.1B1.4B1.5B
Intangible Assets635.2M641.4M625.4M721M640.9M608.9M
Current Deferred Revenue41.7B45.1B57.0B14.7B15.5B30.5B
Short Term Investments745.6M1.1B9.8B6.7B1.0B983.8M
Short Term Debt23.9B31.5B6.4B4.7B4.5B4.3B
Other Liab13.3B14.7B17.0B17.1B19.7B20.7B
Net Tangible Assets(10.6B)(8.3B)(13.9B)(8.5B)(9.8B)(10.3B)
Other Assets200K10.9B2.4K7.8B7.1B7.7B
Long Term Debt15.9B14.1B11.8B48.5B16.7B32.7B
Short Long Term Debt23.9B20.5B6.1B4.4B4.4B4.2B
Property Plant Equipment8.8B8.0B6.5B5.5B4.9B4.7B
Long Term Debt Total15.9B16.2B14.0B50.4B45.3B27.4B
Cash And Equivalents8.8M6.7M2.1B165.2M148.7M141.2M
Capital Lease Obligations2.8B2.4B2.3B2.2B1.1B1.7B

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Other Information on Investing in Hindustan Stock

Balance Sheet is a snapshot of the financial position of Hindustan Construction at a specified time, usually calculated after every quarter, six months, or one year. Hindustan Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hindustan Construction and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hindustan currently owns. An asset can also be divided into two categories, current and non-current.