Home Intangible Assets vs Property Plant And Equipment Net Analysis

HD Stock  USD 410.45  10.45  2.61%   
Home Depot financial indicator trend analysis is much more than just examining Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Depot is a good investment. Please check the relationship between Home Depot Intangible Assets 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 Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets 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 Home Depot Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Home Depot's Intangible Assets and Property Plant And Equipment Net is 0.62. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Home Depot, assuming nothing else is changed. The correlation between historical values of Home Depot's Intangible Assets 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 Intangible Assets of Home Depot 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 Intangible Assets i.e., Home Depot's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Home Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Depot 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 Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.At present, Home Depot's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Discontinued Operations is forecasted to decline to about 32.8 M.
 2022 2023 2024 (projected)
Interest Expense1.6B1.9B2.0B
Depreciation And Amortization3.0B3.2B3.4B

Home Depot fundamental ratios Correlations

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0.940.960.94-0.590.641.00.990.580.920.570.580.97-0.331.00.940.82-0.980.990.950.850.880.760.930.610.55
0.970.960.94-0.40.670.950.960.60.970.610.60.98-0.190.960.960.86-0.910.970.970.780.830.780.970.650.63
0.940.940.94-0.470.760.920.910.60.920.720.60.97-0.20.920.940.76-0.890.960.950.890.850.890.860.70.48
-0.28-0.59-0.4-0.47-0.01-0.61-0.55-0.1-0.23-0.33-0.1-0.430.83-0.54-0.36-0.150.7-0.53-0.34-0.65-0.55-0.36-0.450.090.11
0.780.640.670.76-0.010.620.610.510.780.540.510.720.090.650.760.66-0.560.690.770.530.620.870.540.830.42
0.921.00.950.92-0.610.620.990.510.910.530.510.96-0.350.990.940.83-0.990.990.940.840.880.750.920.590.53
0.940.990.960.91-0.550.610.990.530.930.490.530.96-0.290.990.940.86-0.980.980.950.80.860.710.940.620.6
0.650.580.60.6-0.10.510.510.530.650.631.00.62-0.040.590.490.38-0.480.60.650.430.480.560.610.490.36
1.00.920.970.92-0.230.780.910.930.650.550.650.960.00.940.960.91-0.850.950.980.720.810.770.90.780.69
0.590.570.610.72-0.330.540.530.490.630.550.630.64-0.350.550.580.25-0.520.610.630.60.510.830.60.25-0.02
0.650.580.60.6-0.10.510.510.531.00.650.630.62-0.040.590.490.38-0.480.60.650.430.480.560.610.490.36
0.980.970.980.97-0.430.720.960.960.620.960.640.62-0.190.970.970.84-0.930.990.990.820.840.820.940.70.62
-0.04-0.33-0.19-0.20.830.09-0.35-0.29-0.040.0-0.35-0.04-0.19-0.3-0.120.10.46-0.28-0.11-0.39-0.27-0.26-0.330.420.32
0.951.00.960.92-0.540.650.990.990.590.940.550.590.97-0.30.950.84-0.970.990.960.80.870.750.940.620.57
0.970.940.960.94-0.360.760.940.940.490.960.580.490.97-0.120.950.88-0.890.960.980.760.820.820.890.730.6
0.890.820.860.76-0.150.660.830.860.380.910.250.380.840.10.840.88-0.760.830.860.60.740.560.80.750.78
-0.87-0.98-0.91-0.890.7-0.56-0.99-0.98-0.48-0.85-0.52-0.48-0.930.46-0.97-0.89-0.76-0.97-0.89-0.84-0.87-0.73-0.9-0.52-0.47
0.960.990.970.96-0.530.690.990.980.60.950.610.60.99-0.280.990.960.83-0.970.970.840.880.810.930.660.56
0.990.950.970.95-0.340.770.940.950.650.980.630.650.99-0.110.960.980.86-0.890.970.760.820.830.920.750.62
0.740.850.780.89-0.650.530.840.80.430.720.60.430.82-0.390.80.760.6-0.840.840.760.760.730.740.470.3
0.820.880.830.85-0.550.620.880.860.480.810.510.480.84-0.270.870.820.74-0.870.880.820.760.720.770.580.45
0.80.760.780.89-0.360.870.750.710.560.770.830.560.82-0.260.750.820.56-0.730.810.830.730.720.690.620.26
0.910.930.970.86-0.450.540.920.940.610.90.60.610.94-0.330.940.890.8-0.90.930.920.740.770.690.480.58
0.770.610.650.70.090.830.590.620.490.780.250.490.70.420.620.730.75-0.520.660.750.470.580.620.480.7
0.660.550.630.480.110.420.530.60.360.69-0.020.360.620.320.570.60.78-0.470.560.620.30.450.260.580.7
Click cells to compare fundamentals

Home Depot Account Relationship Matchups

Home Depot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.2B70.6B71.9B76.4B76.5B80.4B
Short Long Term Debt Total37.4B43.4B46.3B50.4B52.2B54.9B
Other Current Liab4.8B7.9B9.6B8.4B9.4B9.8B
Total Current Liabilities18.4B23.2B28.7B23.1B22.0B23.1B
Total Stockholder Equity(3.1B)3.3B(1.7B)1.6B1.0B991.8M
Property Plant And Equipment Net28.4B30.7B31.2B32.6B34.0B17.8B
Net Debt35.2B35.5B43.9B47.6B48.5B50.9B
Retained Earnings51.7B58.1B67.6B76.9B83.7B87.8B
Cash2.1B7.9B2.3B2.8B3.8B3.9B
Non Current Assets Total31.4B42.1B42.8B44.0B46.8B49.1B
Non Currrent Assets Other807M4.3B3.8B2.9B656M744.6M
Cash And Short Term Investments2.1B7.9B2.3B2.8B3.8B3.9B
Net Receivables2.1B3.0B3.4B3.3B3.3B3.5B
Common Stock Shares Outstanding1.1B1.1B1.1B1.0B1.0B1.4B
Liabilities And Stockholders Equity51.2B70.6B71.9B76.4B76.5B80.4B
Non Current Liabilities Total36.0B44.1B44.9B51.8B53.5B56.1B
Inventory14.5B16.6B22.1B24.9B21.0B22.0B
Other Stockholder Equity(54.2B)(54.3B)(68.7B)(74.7B)(82.2B)(78.1B)
Total Liab54.4B67.3B73.6B74.9B75.5B79.3B
Total Current Assets19.8B28.5B29.1B32.5B29.8B31.3B
Short Term Debt3.6B3.1B5.1B3.1B3.5B3.6B
Accounts Payable7.8B11.6B13.5B11.4B10.0B5.3B
Good Will2.3B7.1B7.4B7.4B8.5B8.9B
Property Plant And Equipment Gross22.8B30.7B31.2B32.6B61.1B64.2B
Accumulated Other Comprehensive Income(739M)(671M)(704M)(718M)(477M)(453.2M)
Other Liab2.2B2.9B2.9B3.6B4.1B4.3B
Other Assets807M527M4.2B4.0B4.6B4.8B
Long Term Debt28.7B35.8B36.6B42.0B42.7B44.9B
Property Plant Equipment28.4B30.7B31.2B32.6B37.5B25.7B
Current Deferred Revenue2.1B2.8B3.6B3.1B2.8B1.9B
Treasury Stock(65.2B)(65.8B)(80.8B)(87.3B)(78.6B)(74.6B)
Net Tangible Assets(5.4B)(7.4B)(9.1B)(5.9B)(5.3B)(5.0B)
Retained Earnings Total Equity46.4B51.7B67.6B76.9B88.4B92.9B
Long Term Debt Total28.7B35.8B36.6B42.0B48.3B24.7B
Capital Surpluse11.0B11.5B12.1B12.6B14.5B10.5B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Home Improvement Retail 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 Home Depot. If investors know Home 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 Home Depot 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
(0.04)
Dividend Share
2.25
Earnings Share
14.72
Revenue Per Share
156.158
Quarterly Revenue Growth
0.066
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot'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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot'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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot'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.