HEICO Reconciled Depreciation vs Depreciation And Amortization Analysis

HEI-A Stock  USD 214.87  0.39  0.18%   
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 Reconciled Depreciation and its Depreciation And Amortization 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.

Reconciled Depreciation vs Depreciation And Amortization

Reconciled Depreciation vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEICO Reconciled Depreciation account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HEICO's Reconciled Depreciation and Depreciation And Amortization is 0.85. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of HEICO, assuming nothing else is changed. The correlation between historical values of HEICO's Reconciled Depreciation and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of HEICO are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Reconciled Depreciation i.e., HEICO's Reconciled Depreciation and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Expense6.4M73.0M83.9M88.1M
Depreciation And Amortization95.3M128.5M147.8M155.2M

HEICO fundamental ratios Correlations

0.940.980.990.971.00.920.960.621.00.830.621.00.460.971.00.570.960.981.00.961.00.980.840.530.81
0.940.890.940.840.961.00.820.510.950.60.510.930.330.990.950.580.910.990.930.920.950.950.660.390.66
0.980.890.960.970.970.870.960.630.980.870.630.970.490.930.980.540.930.940.970.960.970.940.850.450.82
0.990.940.960.960.990.930.940.530.990.790.531.00.470.961.00.60.970.970.980.940.990.990.820.530.84
0.970.840.970.960.950.811.00.670.970.930.670.970.520.890.970.50.930.910.980.920.960.940.920.590.87
1.00.960.970.990.950.950.940.561.00.780.560.990.430.981.00.60.960.990.980.960.990.990.80.490.81
0.921.00.870.930.810.950.780.430.930.550.430.910.310.980.930.590.90.980.90.90.930.940.620.370.65
0.960.820.960.941.00.940.780.690.950.940.690.960.480.870.950.450.890.890.970.920.950.920.920.610.86
0.620.510.630.530.670.560.430.690.60.711.00.570.340.570.60.180.510.570.690.640.590.50.690.40.31
1.00.950.980.990.971.00.930.950.60.820.61.00.460.971.00.570.960.980.990.961.00.980.830.530.82
0.830.60.870.790.930.780.550.940.710.820.710.830.530.690.810.340.760.710.850.790.80.750.920.650.81
0.620.510.630.530.670.560.430.691.00.60.710.570.340.570.60.180.510.570.690.640.590.50.690.40.31
1.00.930.971.00.970.990.910.960.571.00.830.570.490.961.00.580.970.970.990.940.990.990.850.540.85
0.460.330.490.470.520.430.310.480.340.460.530.340.490.40.460.490.610.410.480.30.450.490.610.210.56
0.970.990.930.960.890.980.980.870.570.970.690.570.960.40.970.580.941.00.960.940.970.960.740.440.71
1.00.950.981.00.971.00.930.950.61.00.810.61.00.460.970.580.960.980.990.961.00.990.840.520.82
0.570.580.540.60.50.60.590.450.180.570.340.180.580.490.580.580.70.580.570.540.540.590.310.170.38
0.960.910.930.970.930.960.90.890.510.960.760.510.970.610.940.960.70.950.950.880.960.980.810.460.82
0.980.990.940.970.910.990.980.890.570.980.710.570.970.411.00.980.580.950.970.950.980.970.760.460.74
1.00.930.970.980.980.980.90.970.690.990.850.690.990.480.960.990.570.950.970.960.990.970.860.530.8
0.960.920.960.940.920.960.90.920.640.960.790.640.940.30.940.960.540.880.950.960.950.910.730.470.69
1.00.950.970.990.960.990.930.950.591.00.80.590.990.450.971.00.540.960.980.990.950.990.830.550.82
0.980.950.940.990.940.990.940.920.50.980.750.50.990.490.960.990.590.980.970.970.910.990.820.50.85
0.840.660.850.820.920.80.620.920.690.830.920.690.850.610.740.840.310.810.760.860.730.830.820.610.89
0.530.390.450.530.590.490.370.610.40.530.650.40.540.210.440.520.170.460.460.530.470.550.50.610.59
0.810.660.820.840.870.810.650.860.310.820.810.310.850.560.710.820.380.820.740.80.690.820.850.890.59
Click cells to compare fundamentals

HEICO Account Relationship Matchups

HEICO fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.5B4.1B7.2B8.3B8.7B
Short Long Term Debt Total739.8M236.5M290.3M2.5B2.9B3.0B
Other Current Liab205.5M281.4M216.8M377.9M434.6M456.4M
Total Current Liabilities241.2M294.9M420.9M665.3M765.1M803.4M
Total Stockholder Equity2.0B2.3B2.6B3.1B3.6B3.8B
Property Plant And Equipment Net168.8M193.6M225.9M443.2M509.7M535.2M
Net Debt333.0M128.2M150.8M2.3B2.7B2.8B
Retained Earnings1.7B1.9B2.3B2.6B3.0B3.1B
Cash406.9M108.3M139.5M171.0M196.7M206.5M
Non Current Assets Total2.4B2.6B2.9B5.3B6.1B6.4B
Non Currrent Assets Other251.0M334.7M311.1M264.9M304.6M319.9M
Cash And Short Term Investments406.9M108.3M139.5M171.0M196.7M206.5M
Net Receivables270.9M325.0M388.8M620.8M713.9M749.6M
Common Stock Shares Outstanding137.3M137.9M138.0M138.9M159.7M121.7M
Liabilities And Stockholders Equity3.5B3.5B4.1B7.2B8.3B8.7B
Non Current Liabilities Total1.3B906.6M698.7M3.0B3.4B3.6B
Inventory463.2M478.1M582.5M1.0B1.2B1.2B
Other Current Assets24.7M26.0M41.9M49.8M57.3M60.2M
Other Stockholder Equity299.9M320.7M397.3M578.8M665.6M698.9M
Total Liab1.5B1.2B1.1B3.6B4.2B4.4B
Total Current Assets1.2B937.4M1.2B1.9B2.1B2.2B
Short Term Debt15.2M15.4M16.3M38.3M44.0M46.3M
Intangible Assets579.0M582.3M733.3M1.4B1.6B1.6B
Accounts Payable76.2M85.5M116.6M205.9M236.8M248.6M
Accumulated Other Comprehensive Income(9.1M)(8.6M)(46.5M)(40.2M)(36.2M)(34.4M)
Common Stock1.4M1.4M1.4M1.4M1.6M1.7M
Current Deferred Revenue25.6M32.7M58.8M34.7M39.9M41.9M
Common Stock Total Equity1.3M542K1.4M1.4M1.6M1.6M
Property Plant And Equipment Gross168.8M450.6M503.0M634.7M729.9M766.4M
Good Will1.4B1.5B1.7B3.3B3.8B4.0B
Net Tangible Assets18.0M264.2M528.0M(1.5B)(1.3B)(1.3B)
Warrants132.0M188.3M252.6M327.6M376.7M395.6M
Noncontrolling Interest In Consolidated Entity104.8M28.1M33.9M42.2M38.0M58.3M
Retained Earnings Total Equity1.1B1.4B1.9B2.3B2.6B2.7B
Long Term Debt Total531.6M561.0M235.0M288.6M259.8M339.6M
Capital Surpluse321.0M284.6M320.7M397.3M456.9M338.3M
Deferred Long Term Liab46.6M51.5M40.8M71.2M64.0M64.5M
Non Current Liabilities Other280.3M378.3M338.9M379.6M436.6M225.6M
Property Plant Equipment226.0M193.6M225.9M443.2M509.7M535.2M

Also Currently Popular

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Please note, there is a significant difference between HEICO's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEICO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEICO'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.