Home Total Assets vs Intangible Assets 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 Total Assets and its Intangible Assets 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Depot Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Home Depot's Total Assets and Intangible Assets is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Home Depot are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Home Depot's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Home Depot assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Home Depot books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Expense | 1.6B | 1.9B | 2.0B | Depreciation And Amortization | 3.0B | 3.2B | 3.4B |
Home Depot fundamental ratios Correlations
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Home Depot Account Relationship Matchups
High Positive Relationship
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Home Depot fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Short Long Term Debt Total | 37.4B | 43.4B | 46.3B | 50.4B | 52.2B | 54.9B | |
Other Current Liab | 4.8B | 7.9B | 9.6B | 8.4B | 9.4B | 9.8B | |
Total Current Liabilities | 18.4B | 23.2B | 28.7B | 23.1B | 22.0B | 23.1B | |
Total Stockholder Equity | (3.1B) | 3.3B | (1.7B) | 1.6B | 1.0B | 991.8M | |
Property Plant And Equipment Net | 28.4B | 30.7B | 31.2B | 32.6B | 34.0B | 17.8B | |
Net Debt | 35.2B | 35.5B | 43.9B | 47.6B | 48.5B | 50.9B | |
Retained Earnings | 51.7B | 58.1B | 67.6B | 76.9B | 83.7B | 87.8B | |
Cash | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Non Current Assets Total | 31.4B | 42.1B | 42.8B | 44.0B | 46.8B | 49.1B | |
Non Currrent Assets Other | 807M | 4.3B | 3.8B | 2.9B | 656M | 744.6M | |
Cash And Short Term Investments | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Net Receivables | 2.1B | 3.0B | 3.4B | 3.3B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 1.4B | |
Liabilities And Stockholders Equity | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Non Current Liabilities Total | 36.0B | 44.1B | 44.9B | 51.8B | 53.5B | 56.1B | |
Inventory | 14.5B | 16.6B | 22.1B | 24.9B | 21.0B | 22.0B | |
Other Stockholder Equity | (54.2B) | (54.3B) | (68.7B) | (74.7B) | (82.2B) | (78.1B) | |
Total Liab | 54.4B | 67.3B | 73.6B | 74.9B | 75.5B | 79.3B | |
Total Current Assets | 19.8B | 28.5B | 29.1B | 32.5B | 29.8B | 31.3B | |
Short Term Debt | 3.6B | 3.1B | 5.1B | 3.1B | 3.5B | 3.6B | |
Accounts Payable | 7.8B | 11.6B | 13.5B | 11.4B | 10.0B | 5.3B | |
Good Will | 2.3B | 7.1B | 7.4B | 7.4B | 8.5B | 8.9B | |
Property Plant And Equipment Gross | 22.8B | 30.7B | 31.2B | 32.6B | 61.1B | 64.2B | |
Accumulated Other Comprehensive Income | (739M) | (671M) | (704M) | (718M) | (477M) | (453.2M) | |
Other Liab | 2.2B | 2.9B | 2.9B | 3.6B | 4.1B | 4.3B | |
Other Assets | 807M | 527M | 4.2B | 4.0B | 4.6B | 4.8B | |
Long Term Debt | 28.7B | 35.8B | 36.6B | 42.0B | 42.7B | 44.9B | |
Property Plant Equipment | 28.4B | 30.7B | 31.2B | 32.6B | 37.5B | 25.7B | |
Current Deferred Revenue | 2.1B | 2.8B | 3.6B | 3.1B | 2.8B | 1.9B | |
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 Equity | 46.4B | 51.7B | 67.6B | 76.9B | 88.4B | 92.9B | |
Long Term Debt Total | 28.7B | 35.8B | 36.6B | 42.0B | 48.3B | 24.7B | |
Capital Surpluse | 11.0B | 11.5B | 12.1B | 12.6B | 14.5B | 10.5B |
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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.