Harley Net Income vs Change To Inventory Analysis

HOG Stock

USD 23.51 0.47 2.04%

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 Net Income and its Change To Inventory 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.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harley Davidson Net Income account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Harley Davidson's Net Income and Change To Inventory is -0.42. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Harley Davidson are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Harley Davidson's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Harley Davidson financial statement analysis. It represents the amount of money remaining after all of Harley Davidson operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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.At this time, Harley Davidson's Enterprise Value is most likely to increase significantly in the upcoming years.

	2022	2023	2024	2025 (projected)
Gross Profit	2.4B	1.8B	1.8B	1.4B
Total Revenue	5.8B	5.8B	5.2B	4.0B

Gross Profit Total Revenue

Harley Davidson fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.84	0.4	0.77	0.74	0.8	0.79	0.15	0.55	0.83	0.03	0.64	0.84	0.25	0.96	0.67	0.58	0.02	0.85	0.97	0.25	-0.67	0.86	0.33	-0.04	-0.02
Short Long Term Debt Total	0.84		0.5	0.95	0.45	0.79	0.94	-0.05	0.65	0.92	0.3	0.59	0.7	0.19	0.84	0.72	0.46	0.28	0.99	0.84	0.29	-0.75	0.76	0.38	-0.18	-0.18
Other Current Liab	0.4	0.5		0.45	-0.02	0.12	0.31	-0.35	0.66	0.29	-0.03	0.67	0.05	-0.22	0.46	0.21	0.15	0.29	0.46	0.46	-0.65	-0.37	0.46	0.1	-0.36	-0.37
Total Current Liabilities	0.77	0.95	0.45		0.46	0.65	0.87	-0.17	0.67	0.91	0.4	0.58	0.59	0.05	0.69	0.8	0.37	0.43	0.95	0.78	0.38	-0.8	0.77	0.54	-0.31	-0.31
Total Stockholder Equity	0.74	0.45	-0.02	0.46		0.57	0.41	0.46	0.33	0.68	0.16	0.39	0.62	0.41	0.56	0.62	0.72	-0.14	0.52	0.71	0.39	-0.52	0.7	0.52	0.25	0.28
Property Plant And Equipment Net	0.8	0.79	0.12	0.65	0.57		0.88	0.35	0.22	0.81	0.13	0.25	0.93	0.59	0.82	0.45	0.51	-0.16	0.79	0.73	0.44	-0.55	0.55	0.05	0.25	0.26
Net Debt	0.79	0.94	0.31	0.87	0.41	0.88		0.0	0.35	0.9	0.26	0.3	0.83	0.23	0.81	0.69	0.3	0.2	0.93	0.72	0.41	-0.68	0.67	0.29	-0.13	-0.14
Retained Earnings	0.15	-0.05	-0.35	-0.17	0.46	0.35	0.0		-0.13	0.1	-0.03	-0.05	0.29	0.81	0.13	-0.1	0.61	-0.86	-0.01	0.16	0.21	0.34	-0.05	-0.2	0.95	0.96
Cash	0.55	0.65	0.66	0.67	0.33	0.22	0.35	-0.13		0.52	0.26	0.95	0.08	0.02	0.51	0.45	0.59	0.31	0.66	0.7	-0.12	-0.54	0.59	0.38	-0.19	-0.19
Non Current Assets Total	0.83	0.92	0.29	0.91	0.68	0.81	0.9	0.1	0.52		0.42	0.44	0.74	0.29	0.76	0.85	0.55	0.24	0.95	0.8	0.46	-0.78	0.81	0.58	-0.07	-0.07
Non Currrent Assets Other	0.03	0.3	-0.03	0.4	0.16	0.13	0.26	-0.03	0.26	0.42		0.05	0.0	-0.02	-0.06	0.35	0.26	0.48	0.34	0.05	0.36	-0.35	0.07	0.53	-0.13	-0.11
Cash And Short Term Investments	0.64	0.59	0.67	0.58	0.39	0.25	0.3	-0.05	0.95	0.44	0.05		0.17	0.05	0.61	0.35	0.61	0.15	0.6	0.78	-0.2	-0.47	0.62	0.24	-0.13	-0.12
Net Receivables	0.84	0.7	0.05	0.59	0.62	0.93	0.83	0.29	0.08	0.74	0.0	0.17		0.42	0.83	0.49	0.38	-0.14	0.7	0.74	0.46	-0.53	0.6	0.07	0.13	0.15
Common Stock Shares Outstanding	0.25	0.19	-0.22	0.05	0.41	0.59	0.23	0.81	0.02	0.29	-0.02	0.05	0.42		0.27	-0.08	0.66	-0.68	0.23	0.27	0.26	-0.02	0.06	-0.26	0.87	0.87
Non Current Liabilities Total	0.96	0.84	0.46	0.69	0.56	0.82	0.81	0.13	0.51	0.76	-0.06	0.61	0.83	0.27		0.54	0.54	-0.04	0.83	0.93	0.11	-0.57	0.78	0.14	-0.02	-0.01
Inventory	0.67	0.72	0.21	0.8	0.62	0.45	0.69	-0.1	0.45	0.85	0.35	0.35	0.49	-0.08	0.54		0.34	0.41	0.77	0.63	0.44	-0.68	0.84	0.85	-0.32	-0.32
Other Current Assets	0.58	0.46	0.15	0.37	0.72	0.51	0.3	0.61	0.59	0.55	0.26	0.61	0.38	0.66	0.54	0.34		-0.31	0.52	0.68	0.14	-0.32	0.5	0.23	0.52	0.54
Other Stockholder Equity	0.02	0.28	0.29	0.43	-0.14	-0.16	0.2	-0.86	0.31	0.24	0.48	0.15	-0.14	-0.68	-0.04	0.41	-0.31		0.27	0.03	0.07	-0.59	0.24	0.55	-0.9	-0.9
Total Liab	0.85	0.99	0.46	0.95	0.52	0.79	0.93	-0.01	0.66	0.95	0.34	0.6	0.7	0.23	0.83	0.77	0.52	0.27		0.86	0.32	-0.77	0.8	0.45	-0.15	-0.15
Total Current Assets	0.97	0.84	0.46	0.78	0.71	0.73	0.72	0.16	0.7	0.8	0.05	0.78	0.74	0.27	0.93	0.63	0.68	0.03	0.86		0.18	-0.66	0.85	0.31	-0.01	0.0
Short Term Debt	0.25	0.29	-0.65	0.38	0.39	0.44	0.41	0.21	-0.12	0.46	0.36	-0.2	0.46	0.26	0.11	0.44	0.14	0.07	0.32	0.18		-0.29	0.15	0.32	0.1	0.11
Intangible Assets	-0.67	-0.75	-0.37	-0.8	-0.52	-0.55	-0.68	0.34	-0.54	-0.78	-0.35	-0.47	-0.53	-0.02	-0.57	-0.68	-0.32	-0.59	-0.77	-0.66	-0.29		-0.72	-0.53	0.42	0.42
Accounts Payable	0.86	0.76	0.46	0.77	0.7	0.55	0.67	-0.05	0.59	0.81	0.07	0.62	0.6	0.06	0.78	0.84	0.5	0.24	0.8	0.85	0.15	-0.72		0.63	-0.22	-0.22
Property Plant And Equipment Gross	0.33	0.38	0.1	0.54	0.52	0.05	0.29	-0.2	0.38	0.58	0.53	0.24	0.07	-0.26	0.14	0.85	0.23	0.55	0.45	0.31	0.32	-0.53	0.63		-0.39	-0.39
Common Stock Total Equity	-0.04	-0.18	-0.36	-0.31	0.25	0.25	-0.13	0.95	-0.19	-0.07	-0.13	-0.13	0.13	0.87	-0.02	-0.32	0.52	-0.9	-0.15	-0.01	0.1	0.42	-0.22	-0.39		1.0
Common Stock	-0.02	-0.18	-0.37	-0.31	0.28	0.26	-0.14	0.96	-0.19	-0.07	-0.11	-0.12	0.15	0.87	-0.01	-0.32	0.54	-0.9	-0.15	0.0	0.11	0.42	-0.22	-0.39	1.0

Click cells to compare fundamentals

Harley Davidson Account Relationship Matchups

Harley Davidson fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.0B	11.1B	11.5B	12.1B	11.9B	6.1B
Short Long Term Debt Total	9.0B	6.9B	6.9B	7.2B	7.0B	7.4B
Other Current Liab	3.6B	2.9B	615.1M	819.9M	747.0M	604.0M
Total Current Liabilities	4.0B	3.3B	3.5B	3.4B	3.6B	3.7B
Total Stockholder Equity	1.7B	2.6B	2.9B	3.3B	3.2B	1.8B
Property Plant And Equipment Net	789.0M	733.6M	733.8M	801.4M	820.9M	729.8M
Net Debt	5.7B	5.0B	5.5B	5.7B	5.4B	5.7B
Retained Earnings	1.3B	1.8B	2.5B	3.1B	3.5B	3.1B
Cash	3.3B	1.9B	1.4B	1.5B	1.6B	1.7B
Non Current Assets Total	6.2B	6.5B	6.7B	7.0B	6.9B	7.2B
Non Currrent Assets Other	1.2B	1.4B	402.6M	515.1M	5.8B	6.1B
Cash And Short Term Investments	3.3B	1.9B	1.4B	1.5B	1.6B	842.2M
Net Receivables	1.7B	1.6B	2.0B	2.4B	2.3B	1.3B
Common Stock Shares Outstanding	153.9M	155.0M	149.4M	145.1M	132.3M	188.9M
Liabilities And Stockholders Equity	12.0B	11.1B	11.5B	12.1B	11.9B	6.1B
Non Current Liabilities Total	6.3B	5.2B	5.1B	5.5B	5.2B	2.6B
Inventory	523.5M	712.9M	951.0M	930.0M	745.8M	783.1M
Other Current Assets	412.1M	314.7M	331.7M	319.0M	395.4M	337.2M
Other Stockholder Equity	919.7M	950.0M	753.1M	455.1M	3.2B	3.3B
Total Liab	10.3B	8.5B	8.6B	8.9B	8.7B	9.2B
Total Current Assets	5.8B	4.6B	4.8B	5.2B	5.0B	2.8B
Short Term Debt	20.2M	17.4M	2.5B	2.2B	2.5B	2.6B
Intangible Assets	9.6M	7.5M	6.4M	7.0M	5.6M	5.3M
Accounts Payable	290.9M	375.0M	378.0M	349.2M	298.7M	227.3M
Property Plant And Equipment Gross	789.0M	3.0B	2.9B	3.0B	3.0B	3.1B
Accumulated Other Comprehensive Income	(483.4M)	(240.9M)	(341.9M)	(305.0M)	(274.5M)	(288.2M)
Common Stock Total Equity	1.8M	1.7M	1.7M	1.7M	1.5M	2.2M
Common Stock	1.7M	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	1.2B	1.4B	1.4B	(8.3B)	(7.4B)	(7.1B)
Long Term Debt	5.9B	4.6B	4.5B	5.0B	4.5B	3.4B
Good Will	66.0M	63.2M	62.1M	62.7M	61.7M	59.8M
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	2K	47K	360K	(5.8B)	(5.2B)	(5.0B)
Net Tangible Assets	1.8B	1.7B	2.6B	3.1B	2.8B	2.0B
Current Deferred Revenue	80.0M	72.1M	17.6M	23.4M	(4.3M)	(4.1M)
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:

How To Invest In Harley

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Is Harley Stock a good investment?

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What is Harley Davidson's Net Worth?

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Largest Motorcycle Manufacturers Companies

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Largest Automobiles & Components Companies

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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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)

Earnings Share

3.44

Revenue Per Share

39.459

Quarterly Revenue Growth

(0.35)

Return On Assets

0.0249

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.

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Harley Net Income vs Change To Inventory Analysis

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

Correlation Coefficient

Net Income

Change To Inventory

Harley Davidson fundamental ratios Correlations

Harley Davidson Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Harley Davidson fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Assets
Non Current Liabilities Total	+ 0.96	Total Assets
Common Stock	+ 0.96	Retained Earnings
Total Current Liabilities	+ 0.95	Short Long Term Debt Total

Common Stock	- 0.9	Other Stockholder Equity
Common Stock Total Equity	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Retained Earnings
Intangible Assets	- 0.8	Total Current Liabilities
Intangible Assets	- 0.78	Non Current Assets Total
Intangible Assets	- 0.77	Total Liab