Harley Cost Of Revenue vs Other Operating Expenses Analysis
HOG Stock | USD 33.46 1.04 3.01% |
Harley Davidson financial indicator trend analysis is much more than just examining Harley Davidson latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harley Davidson is a good investment. Please check the relationship between Harley Davidson Cost Of Revenue and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harley Davidson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.
Cost Of Revenue vs Other Operating Expenses
Cost Of Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harley Davidson Cost Of Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Harley Davidson's Cost Of Revenue and Other Operating Expenses is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Harley Davidson, assuming nothing else is changed. The correlation between historical values of Harley Davidson's Cost Of Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Harley Davidson are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Harley Davidson's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Harley Davidson income statement and represents the costs associated with goods and services Harley Davidson provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Harley Davidson. It is also known as Harley Davidson overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Harley Davidson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harley Davidson 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 Harley Davidson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.The Harley Davidson's current Selling General Administrative is estimated to increase to about 875.4 M. The Harley Davidson's current Discontinued Operations is estimated to increase to about 61.6 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 2.4B | 2.1B | 1.4B | Total Revenue | 5.3B | 5.8B | 5.8B | 4.0B |
Harley Davidson fundamental ratios Correlations
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Harley Davidson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harley Davidson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.5B | 12.0B | 11.1B | 11.5B | 12.1B | 12.7B | |
Short Long Term Debt Total | 7.4B | 9.0B | 6.9B | 6.9B | 7.2B | 7.6B | |
Other Current Liab | 13.9M | 3.6B | 2.9B | 615.1M | 819.9M | 443.3M | |
Total Current Liabilities | 3.2B | 4.0B | 3.3B | 3.5B | 3.4B | 3.6B | |
Total Stockholder Equity | 1.8B | 1.7B | 2.6B | 2.9B | 3.3B | 1.8B | |
Property Plant And Equipment Net | 909M | 789.0M | 733.6M | 733.8M | 801.4M | 725.4M | |
Net Debt | 6.6B | 5.7B | 5.0B | 5.5B | 5.6B | 5.8B | |
Retained Earnings | 2.2B | 1.3B | 1.8B | 2.5B | 3.1B | 3.0B | |
Cash | 833.9M | 3.3B | 1.9B | 1.4B | 1.6B | 1.7B | |
Non Current Assets Total | 6.3B | 6.2B | 6.5B | 6.7B | 7.0B | 7.3B | |
Non Currrent Assets Other | 1.2B | 1.2B | 1.4B | 402.6M | 515.1M | 825.8M | |
Cash And Short Term Investments | 833.9M | 3.3B | 1.9B | 1.4B | 1.6B | 822.0M | |
Net Receivables | 2.5B | 1.7B | 1.6B | 2.0B | 2.4B | 1.4B | |
Common Stock Shares Outstanding | 157.8M | 153.9M | 155.0M | 149.4M | 145.1M | 191.0M | |
Liabilities And Stockholders Equity | 10.5B | 12.0B | 11.1B | 11.5B | 12.1B | 12.7B | |
Non Current Liabilities Total | 5.5B | 6.3B | 5.2B | 5.1B | 5.5B | 5.8B | |
Inventory | 603.6M | 523.5M | 712.9M | 951.0M | 930.0M | 976.4M | |
Other Current Assets | 169.0M | 412.1M | 314.7M | 331.7M | 214.4M | 158.9M | |
Other Stockholder Equity | 145.1M | 919.7M | 950.0M | 753.1M | 455.1M | 477.9M | |
Total Liab | 8.7B | 10.3B | 8.5B | 8.6B | 8.9B | 9.3B | |
Total Current Assets | 4.2B | 5.8B | 4.6B | 4.8B | 5.2B | 2.8B | |
Short Term Debt | 2.3B | 20.2M | 17.4M | 2.5B | 2.2B | 2.3B | |
Intangible Assets | 10.6M | 9.6M | 7.5M | 6.4M | 7.0M | 6.7M | |
Accounts Payable | 294.4M | 290.9M | 375.0M | 378.0M | 349.2M | 224.4M | |
Property Plant And Equipment Gross | 847.4M | 789.0M | 3.0B | 2.9B | 3.0B | 3.2B | |
Accumulated Other Comprehensive Income | (536.9M) | (483.4M) | (240.9M) | (341.9M) | (305.0M) | (320.2M) | |
Common Stock Total Equity | 1.8M | 1.7M | 1.7M | 1.7M | 1.5M | 2.2M | |
Common Stock | 1.8M | 1.7M | 1.7M | 1.7M | 1.7M | 2.2M | |
Other Liab | 317.5M | 372.9M | 559.3M | 259.4M | 298.3M | 465.4M | |
Other Assets | 239.7M | 1.2B | 1.4B | 1.4B | 1.6B | 1.7B | |
Long Term Debt | 5.1B | 5.9B | 4.6B | 4.5B | 5.0B | 3.3B | |
Good Will | 64.2M | 66.0M | 63.2M | 62.1M | 62.7M | 59.4M | |
Treasury Stock | (1.1B) | (1.3B) | (588.0M) | (597.0M) | (537.3M) | (564.1M) | |
Property Plant Equipment | 847.4M | 743.8M | 684.0M | 689.9M | 620.9M | 722.6M | |
Short Term Investments | 10.0M | 2K | 47K | 360K | 324K | 307.8K | |
Net Tangible Assets | 1.8B | 1.7B | 2.6B | 3.1B | 2.8B | 2.0B | |
Current Deferred Revenue | 568.4M | 80.0M | 72.1M | 17.6M | 23.4M | 22.2M | |
Retained Earnings Total Equity | 2.2B | 1.3B | 1.8B | 2.5B | 2.2B | 3.7B | |
Long Term Debt Total | 5.1B | 5.9B | 4.6B | 4.5B | 5.1B | 4.7B | |
Capital Surpluse | 1.5B | 1.5B | 1.5B | 1.7B | 1.9B | 1.4B |
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When determining whether Harley Davidson is a strong investment it is important to analyze Harley Davidson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harley Davidson's future performance. For an informed investment choice regarding Harley Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harley Davidson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Motorcycle Manufacturers 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 Harley Davidson. If investors know Harley 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 Harley Davidson 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 (0.34) | Dividend Share 0.683 | Earnings Share 4.49 | Revenue Per Share 41.279 | Quarterly Revenue Growth (0.26) |
The market value of Harley Davidson is measured differently than its book value, which is the value of Harley that is recorded on the company's balance sheet. Investors also form their own opinion of Harley Davidson's value that differs from its market value or its book value, called intrinsic value, which is Harley Davidson'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 Harley Davidson's market value can be influenced by many factors that don't directly affect Harley Davidson'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 Harley Davidson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harley Davidson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harley Davidson'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.