HEICO Pb Ratio vs Book Value Per Share Analysis
HEI-A Stock | USD 215.57 0.15 0.07% |
HEICO financial indicator trend analysis is much more than just examining HEICO latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEICO is a good investment. Please check the relationship between HEICO Pb Ratio and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. 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. For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.
Pb Ratio vs Book Value Per Share
Pb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEICO Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between HEICO's Pb Ratio and Book Value Per Share is 0.65. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of HEICO, assuming nothing else is changed. The correlation between historical values of HEICO's Pb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of HEICO are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pb Ratio i.e., HEICO's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Pb Ratio
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from HEICO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEICO 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 HEICO. 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. For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.At present, HEICO's Selling General Administrative 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 0.21, whereas Tax Provision is forecasted to decline to about 84.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.4M | 73.0M | 83.9M | 88.1M | Depreciation And Amortization | 95.3M | 128.5M | 147.8M | 155.2M |
HEICO fundamental ratios Correlations
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HEICO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
HEICO fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.5B | 4.1B | 7.2B | 8.3B | 8.7B | |
Short Long Term Debt Total | 739.8M | 236.5M | 290.3M | 2.5B | 2.9B | 3.0B | |
Other Current Liab | 205.5M | 281.4M | 216.8M | 377.9M | 434.6M | 456.4M | |
Total Current Liabilities | 241.2M | 294.9M | 420.9M | 665.3M | 765.1M | 803.4M | |
Total Stockholder Equity | 2.0B | 2.3B | 2.6B | 3.1B | 3.6B | 3.8B | |
Property Plant And Equipment Net | 168.8M | 193.6M | 225.9M | 443.2M | 509.7M | 535.2M | |
Net Debt | 333.0M | 128.2M | 150.8M | 2.3B | 2.7B | 2.8B | |
Retained Earnings | 1.7B | 1.9B | 2.3B | 2.6B | 3.0B | 3.1B | |
Cash | 406.9M | 108.3M | 139.5M | 171.0M | 196.7M | 206.5M | |
Non Current Assets Total | 2.4B | 2.6B | 2.9B | 5.3B | 6.1B | 6.4B | |
Non Currrent Assets Other | 251.0M | 334.7M | 311.1M | 264.9M | 304.6M | 319.9M | |
Cash And Short Term Investments | 406.9M | 108.3M | 139.5M | 171.0M | 196.7M | 206.5M | |
Net Receivables | 270.9M | 325.0M | 388.8M | 620.8M | 713.9M | 749.6M | |
Common Stock Shares Outstanding | 137.3M | 137.9M | 138.0M | 138.9M | 159.7M | 121.7M | |
Liabilities And Stockholders Equity | 3.5B | 3.5B | 4.1B | 7.2B | 8.3B | 8.7B | |
Non Current Liabilities Total | 1.3B | 906.6M | 698.7M | 3.0B | 3.4B | 3.6B | |
Inventory | 463.2M | 478.1M | 582.5M | 1.0B | 1.2B | 1.2B | |
Other Current Assets | 24.7M | 26.0M | 41.9M | 49.8M | 57.3M | 60.2M | |
Other Stockholder Equity | 299.9M | 320.7M | 397.3M | 578.8M | 665.6M | 698.9M | |
Total Liab | 1.5B | 1.2B | 1.1B | 3.6B | 4.2B | 4.4B | |
Total Current Assets | 1.2B | 937.4M | 1.2B | 1.9B | 2.1B | 2.2B | |
Short Term Debt | 15.2M | 15.4M | 16.3M | 38.3M | 44.0M | 46.3M | |
Intangible Assets | 579.0M | 582.3M | 733.3M | 1.4B | 1.6B | 1.6B | |
Accounts Payable | 76.2M | 85.5M | 116.6M | 205.9M | 236.8M | 248.6M | |
Accumulated Other Comprehensive Income | (9.1M) | (8.6M) | (46.5M) | (40.2M) | (36.2M) | (34.4M) | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.4M | 1.6M | 1.7M | |
Current Deferred Revenue | 25.6M | 32.7M | 58.8M | 34.7M | 39.9M | 41.9M | |
Common Stock Total Equity | 1.3M | 542K | 1.4M | 1.4M | 1.6M | 1.6M | |
Property Plant And Equipment Gross | 168.8M | 450.6M | 503.0M | 634.7M | 729.9M | 766.4M | |
Good Will | 1.4B | 1.5B | 1.7B | 3.3B | 3.8B | 4.0B | |
Net Tangible Assets | 18.0M | 264.2M | 528.0M | (1.5B) | (1.3B) | (1.3B) | |
Warrants | 132.0M | 188.3M | 252.6M | 327.6M | 376.7M | 395.6M | |
Noncontrolling Interest In Consolidated Entity | 104.8M | 28.1M | 33.9M | 42.2M | 38.0M | 58.3M | |
Retained Earnings Total Equity | 1.1B | 1.4B | 1.9B | 2.3B | 2.6B | 2.7B | |
Long Term Debt Total | 531.6M | 561.0M | 235.0M | 288.6M | 259.8M | 339.6M | |
Capital Surpluse | 321.0M | 284.6M | 320.7M | 397.3M | 456.9M | 338.3M | |
Deferred Long Term Liab | 46.6M | 51.5M | 40.8M | 71.2M | 64.0M | 64.5M | |
Non Current Liabilities Other | 280.3M | 378.3M | 338.9M | 379.6M | 436.6M | 225.6M | |
Property Plant Equipment | 226.0M | 193.6M | 225.9M | 443.2M | 509.7M | 535.2M |
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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.When determining whether HEICO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HEICO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. 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. For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.