Huntington Other Current Assets vs Net Receivables Analysis
HII Stock | USD 198.95 3.65 1.87% |
Huntington Ingalls financial indicator trend analysis is much more than just examining Huntington Ingalls latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Ingalls is a good investment. Please check the relationship between Huntington Ingalls Other Current Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls 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 gross domestic product.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Ingalls Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Huntington Ingalls' Other Current Assets and Net Receivables is -0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Huntington Ingalls Industries, assuming nothing else is changed. The correlation between historical values of Huntington Ingalls' Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Huntington Ingalls Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Huntington Ingalls' Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Receivables
Most indicators from Huntington Ingalls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Ingalls 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 Huntington Ingalls 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 gross domestic product. The Huntington Ingalls' current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to under 836.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.6B | 1.5B | Total Revenue | 9.5B | 10.7B | 11.5B | 8.8B |
Huntington Ingalls fundamental ratios Correlations
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Huntington Ingalls Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huntington Ingalls fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 41.4M | 40.6M | 40.3M | 40.1M | 39.9M | 36.6M | |
Total Assets | 7.0B | 8.2B | 10.6B | 10.9B | 11.2B | 7.9B | |
Other Current Liab | 400M | 530M | 423M | 1.1B | 1.2B | 1.2B | |
Total Current Liabilities | 1.9B | 2.2B | 2.4B | 2.9B | 3.0B | 2.0B | |
Total Stockholder Equity | 1.6B | 1.9B | 2.8B | 3.5B | 4.1B | 4.3B | |
Other Liab | 2.1B | 2.2B | 1.9B | 1.7B | 2.0B | 2.1B | |
Accounts Payable | 497M | 460M | 603M | 642M | 554M | 460.3M | |
Other Assets | 348M | 606M | 702M | 994M | 1.1B | 1.2B | |
Long Term Debt | 1.3B | 1.7B | 3.3B | 2.5B | 2.2B | 1.7B | |
Good Will | 1.4B | 1.6B | 2.6B | 2.6B | 3.0B | 1.6B | |
Inventory | 128M | 136M | 137M | 161M | 186M | 187.6M | |
Other Current Assets | 123M | 122M | 119M | 178M | 83M | 95.7M | |
Total Liab | 5.4B | 6.3B | 7.8B | 7.4B | 7.1B | 5.9B | |
Property Plant Equipment | 2.8B | 3.0B | 3.1B | 3.2B | 3.7B | 2.5B | |
Short Long Term Debt Total | 1.9B | 2.3B | 4.0B | 3.2B | 2.7B | 2.3B | |
Property Plant And Equipment Net | 3.0B | 3.2B | 3.3B | 3.5B | 3.6B | 2.7B | |
Net Debt | 1.4B | 1.3B | 2.9B | 2.7B | 2.2B | 1.3B | |
Non Current Assets Total | 5.2B | 5.7B | 7.8B | 8.1B | 8.3B | 5.6B | |
Non Currrent Assets Other | 54M | 65M | (169M) | 313M | 1.3B | 1.3B | |
Net Receivables | 1.5B | 1.6B | 2.0B | 2.0B | 2.2B | 1.4B | |
Liabilities And Stockholders Equity | 7.0B | 8.2B | 10.6B | 10.9B | 11.2B | 8.1B | |
Non Current Liabilities Total | 3.6B | 4.0B | 5.4B | 4.5B | 4.1B | 4.0B | |
Property Plant And Equipment Gross | 3.0B | 3.2B | 5.3B | 5.5B | 6.0B | 3.2B | |
Total Current Assets | 1.8B | 2.4B | 2.8B | 2.7B | 2.9B | 2.5B | |
Accumulated Other Comprehensive Income | (1.4B) | (1.5B) | (923M) | (599M) | (422M) | (443.1M) | |
Short Term Debt | 620M | 651M | 750M | 399M | 231M | 219.5M | |
Net Tangible Assets | 1.6B | 1.9B | 2.8B | 3.5B | 4.0B | 4.2B | |
Current Deferred Revenue | 373M | 585M | 651M | 766M | 1.1B | 1.1B | |
Retained Earnings | 3.0B | 3.5B | 3.9B | 4.3B | 4.8B | 5.0B | |
Cash | 75M | 512M | 627M | 467M | 430M | 533.6M | |
Cash And Short Term Investments | 75M | 512M | 627M | 467M | 430M | 533.6M | |
Retained Earnings Total Equity | 3.0B | 3.5B | 3.9B | 4.3B | 4.9B | 5.2B | |
Long Term Debt Total | 1.3B | 1.7B | 3.3B | 2.5B | 2.9B | 1.9B | |
Capital Surpluse | 2.0B | 2.0B | 2.0B | 2.0B | 2.3B | 2.1B | |
Other Stockholder Equity | (13M) | (86M) | (161M) | (189M) | (241M) | (229.0M) |
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When determining whether Huntington Ingalls offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntington Ingalls' 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 Huntington Ingalls Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntington Ingalls Industries Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls 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 gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Aerospace & Defense 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 Huntington Ingalls. If investors know Huntington 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 Huntington Ingalls 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 (0.31) | Dividend Share 5.2 | Earnings Share 17.71 | Revenue Per Share 296.218 | Quarterly Revenue Growth (0.02) |
The market value of Huntington Ingalls is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Ingalls' value that differs from its market value or its book value, called intrinsic value, which is Huntington Ingalls' 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 Huntington Ingalls' market value can be influenced by many factors that don't directly affect Huntington Ingalls' 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 Huntington Ingalls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Ingalls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Ingalls' 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.