Henderson Property Plant And Equipment Gross vs Long Term Debt Analysis
HHI Stock | 164.50 0.50 0.30% |
Henderson High financial indicator trend analysis is much more than just examining Henderson High Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henderson High Income is a good investment. Please check the relationship between Henderson High Property Plant And Equipment Gross and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Henderson High Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Property Plant And Equipment Gross vs Long Term Debt
Property Plant And Equipment Gross vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henderson High Income Property Plant And Equipment Gross account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Henderson High's Property Plant And Equipment Gross and Long Term Debt is -0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Henderson High Income, assuming nothing else is changed. The correlation between historical values of Henderson High's Property Plant And Equipment Gross and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Henderson High Income are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Henderson High's Property Plant And Equipment Gross and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Long Term Debt
Long-term debt is a debt that Henderson High Income has held for over one year. Long-term debt appears on Henderson High Income balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Henderson High Income balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Henderson High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henderson High Income 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 Henderson High Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 2 M, whereas Tax Provision is forecasted to decline to about 119.5 K.
Henderson High fundamental ratios Correlations
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Henderson High Account Relationship Matchups
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Henderson High fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 309.8M | 262.3M | 295.0M | 264.9M | 274.1M | 216.8M | |
Total Stockholder Equity | 251.1M | 211.4M | 236.2M | 214.3M | 222.3M | 169.9M | |
Retained Earnings | 91.6M | 51.9M | 76.7M | 52.7M | 8.9M | 8.5M | |
Accounts Payable | 38.9M | 31.1M | 38.9M | 30.7M | 35.3M | 34.9M | |
Cash | 2.7M | 595K | 3.9M | (2.9M) | 2.0M | 1.5M | |
Other Assets | 2.1M | 1.9M | 295.0M | 7.7M | 2.1M | 2.0M | |
Total Liab | 58.7M | 51.0M | 58.7M | 49.0M | 51.7M | 46.9M | |
Other Current Liab | (77.8M) | (62.3M) | (77.8M) | (61.4M) | 1.2M | 1.3M | |
Total Current Liabilities | 38.9M | 31.1M | 38.9M | 30.7M | 31.9M | 27.5M | |
Net Debt | 55.1M | 49.1M | 53.5M | 51.9M | 48.5M | 28.8M | |
Non Current Assets Total | 305.1M | 259.8M | 289.1M | 260.1M | 270.0M | 231.1M | |
Non Currrent Assets Other | (305.1M) | (259.8M) | (289.1M) | (260.1M) | (270.0M) | (283.5M) | |
Long Term Debt | 19.8M | 19.8M | 19.8M | 19.8M | 17.9M | 18.1M | |
Cash And Short Term Investments | 2.7M | 595K | 3.9M | (2.9M) | 2.0M | 1.3M | |
Liabilities And Stockholders Equity | 309.8M | 262.3M | 295.0M | 264.9M | 274.1M | 228.7M | |
Non Current Liabilities Total | 57.8M | 49.7M | 57.4M | 49.0M | 19.9M | 18.9M | |
Other Stockholder Equity | 126.8M | 83.9M | 153.1M | 128.8M | 180.6M | 93.7M | |
Total Current Assets | 4.8M | 2.5M | 5.9M | (2.9M) | 4.1M | 2.2M | |
Net Receivables | 2.1M | 1.9M | 1.9M | 1.9M | 2.1M | 1.8M | |
Other Current Assets | 2.1M | 1.9M | 1.9M | 3.3M | 2.1M | 2.1M | |
Short Long Term Debt Total | 57.8M | 49.7M | 57.4M | 49.0M | 50.5M | 53.5M | |
Inventory | (2.1M) | (1.9M) | (1.9M) | (3.9M) | (4.2M) | (4.0M) | |
Short Term Debt | 38.0M | 29.9M | 37.6M | 29.1M | 30.6M | 27.0M | |
Current Deferred Revenue | 950K | 1.3M | 1.3M | 1.6M | 1.4M | 1.2M | |
Net Tangible Assets | 210.8M | 251.1M | 211.4M | 236.2M | 271.7M | 242.1M | |
Long Term Investments | 305.1M | 259.8M | 289.1M | 260.1M | 270.0M | 295.9M | |
Net Invested Capital | 308.9M | 261.1M | 293.7M | 263.3M | 272.8M | 226.7M |
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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.Other Information on Investing in Henderson Stock
Balance Sheet is a snapshot of the financial position of Henderson High Income at a specified time, usually calculated after every quarter, six months, or one year. Henderson High Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Henderson High and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Henderson currently owns. An asset can also be divided into two categories, current and non-current.