Hawaiian Deferred Long Term Liab vs Good Will Analysis
HE Stock | USD 10.50 0.03 0.29% |
Hawaiian Electric financial indicator trend analysis is much more than just examining Hawaiian Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hawaiian Electric is a good investment. Please check the relationship between Hawaiian Electric Deferred Long Term Liab and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Deferred Long Term Liab vs Good Will
Deferred Long Term Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hawaiian Electric Deferred Long Term Liab account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hawaiian Electric's Deferred Long Term Liab and Good Will is 0.28. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Hawaiian Electric Industries, assuming nothing else is changed. The correlation between historical values of Hawaiian Electric's Deferred Long Term Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Hawaiian Electric Industries are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Deferred Long Term Liab i.e., Hawaiian Electric's Deferred Long Term Liab and Good Will go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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.Most indicators from Hawaiian Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hawaiian Electric 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 Hawaiian Electric Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Hawaiian Electric's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.83, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386.1M | 381.1M | 352.6M | 383.5M | Total Revenue | 2.9B | 3.7B | 3.7B | 2.2B |
Hawaiian Electric fundamental ratios Correlations
Click cells to compare fundamentals
Hawaiian Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hawaiian Electric fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 109.4M | 109.4M | 109.6M | 109.8M | 110.0M | 84.7M | |
Total Assets | 13.7B | 15.0B | 15.8B | 16.3B | 17.2B | 11.3B | |
Short Long Term Debt Total | 2.5B | 2.5B | 2.6B | 3.4B | 4.0B | 2.2B | |
Other Current Liab | 24.9M | 23.5M | 19.9M | 21.3M | 110.2M | 104.7M | |
Total Current Liabilities | 431.3M | 335.3M | 279.4M | 445.4M | 357.7M | 339.8M | |
Total Stockholder Equity | 2.3B | 2.3B | 2.4B | 2.2B | 2.3B | 1.6B | |
Property Plant And Equipment Net | 5.3B | 5.4B | 5.5B | 5.8B | 6.2B | 3.7B | |
Net Debt | 2.3B | 2.2B | 2.3B | 3.2B | 3.4B | 1.9B | |
Retained Earnings | 622.0M | 660.4M | 757.9M | 845.8M | 926.7M | 973.1M | |
Accounts Payable | 220.6M | 182.3M | 205.5M | 251.5M | 247.5M | 184.3M | |
Cash | 196.8M | 341.4M | 305.6M | 199.9M | 679.5M | 713.5M | |
Non Current Assets Total | 6.9B | 7.1B | 7.4B | 8.2B | 475.0M | 451.3M | |
Non Currrent Assets Other | 649.9M | 629.1M | 747.5M | 1.0B | (7.1B) | (6.7B) | |
Cash And Short Term Investments | 1.4B | 2.3B | 2.9B | 1.6B | 1.8B | 1.9B | |
Net Receivables | 5.4B | 147.8M | 5.5B | 6.4B | 575.2M | 546.4M | |
Common Stock Total Equity | 1.7B | 1.7B | 1.7B | 1.7B | 1.9B | 1.1B | |
Liabilities And Stockholders Equity | 13.7B | 15.0B | 15.8B | 16.3B | 17.7B | 11.3B | |
Non Current Liabilities Total | 11.0B | 12.3B | 13.2B | 13.6B | 14.9B | 15.7B | |
Inventory | (416.8M) | (307.2M) | (411.8M) | (824K) | (86K) | (90.3K) | |
Other Current Assets | 460.0M | 324.8M | 16.3M | 5.9M | 98.7M | 93.8M | |
Total Liab | 11.5B | 12.7B | 13.4B | 14.1B | 15.3B | 9.6B | |
Property Plant And Equipment Gross | 5.3B | 5.4B | 8.4B | 5.8B | 9.6B | 10.0B | |
Total Current Assets | 6.8B | 7.9B | 8.4B | 8.1B | 7.5B | 5.8B | |
Accumulated Other Comprehensive Income | (20.0M) | (1.3M) | (52.5M) | (336.0M) | (289.4M) | (303.8M) | |
Short Term Debt | 185.7M | 129.4M | 54.0M | 172.6M | 442.9M | 389.5M | |
Common Stock | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.6B | |
Other Liab | 4.9B | 5.4B | 5.6B | 5.4B | 6.2B | 6.5B | |
Other Assets | 1.5B | 1.5B | 1.4B | 1K | 9.3B | 9.8B | |
Long Term Debt | 2.0B | 2.1B | 2.3B | 3.1B | 3.6B | 2.2B | |
Property Plant Equipment | 5.1B | 5.3B | 5.4B | 5.8B | 6.7B | 3.8B | |
Short Term Investments | 1.2B | 2.0B | 2.6B | 1.4B | 1.4M | 1.3M | |
Retained Earnings Total Equity | 543.6M | 622.0M | 660.4M | 757.9M | 871.6M | 915.2M | |
Deferred Long Term Liab | 379.3M | 395.1M | 384.8M | 190.2M | 218.8M | 368.4M | |
Net Tangible Assets | 2.2B | 2.3B | 2.3B | 2.1B | 2.4B | 2.3B | |
Long Term Debt Total | 2.0B | 2.1B | 2.3B | 2.3B | 2.6B | 2.1B |
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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 Hawaiian Electric Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Electric Utilities 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 Hawaiian Electric. If investors know Hawaiian 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 Hawaiian Electric 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 (0.24) | Earnings Share (11.72) | Revenue Per Share 33.159 | Quarterly Revenue Growth 0.04 | Return On Assets (0.12) |
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric'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 Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric'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 Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric'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.