Honeywell Net Receivables vs Total Liab Analysis

HON Stock  USD 226.09  0.58  0.26%   
Honeywell International financial indicator trend analysis is much more than just examining Honeywell International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honeywell International is a good investment. Please check the relationship between Honeywell International Net Receivables and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. 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.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell International Net Receivables account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Honeywell International's Net Receivables and Total Liab is 0.65. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Honeywell International, assuming nothing else is changed. The correlation between historical values of Honeywell International's Net Receivables and Total Liab 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 Receivables of Honeywell International are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Honeywell International's Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Honeywell International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honeywell International 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 Honeywell International. 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.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.As of the 22nd of November 2024, Tax Provision is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 4.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.7B7.4B
Total Revenue34.4B35.5B36.7B28.3B

Honeywell International fundamental ratios Correlations

0.720.130.980.860.830.50.70.810.990.50.90.73-0.310.720.850.74-0.630.980.320.970.790.640.950.950.75
0.72-0.230.670.470.680.910.950.840.750.790.70.3-0.420.950.610.49-0.920.760.70.650.660.660.620.70.58
0.13-0.230.180.170.14-0.24-0.17-0.150.09-0.43-0.050.590.59-0.040.18-0.030.20.11-0.290.19-0.190.080.280.250.46
0.980.670.180.890.850.460.660.740.960.410.830.78-0.20.640.830.79-0.570.940.290.950.840.70.950.960.77
0.860.470.170.890.760.220.480.670.80.190.750.810.00.390.650.92-0.330.750.070.910.760.660.850.860.67
0.830.680.140.850.760.620.690.570.810.240.570.81-0.060.640.870.72-0.610.790.420.810.610.660.920.920.89
0.50.91-0.240.460.220.620.860.530.560.650.390.18-0.380.840.520.29-0.860.560.770.380.470.630.470.560.47
0.70.95-0.170.660.480.690.860.80.730.810.60.31-0.40.920.680.52-0.980.730.80.610.580.550.630.680.66
0.810.84-0.150.740.670.570.530.80.780.740.90.37-0.360.810.550.6-0.740.810.40.810.720.510.640.680.55
0.990.750.090.960.80.810.560.730.780.560.860.66-0.410.750.870.68-0.680.990.410.920.790.640.930.940.72
0.50.79-0.430.410.190.240.650.810.740.560.59-0.16-0.730.780.390.23-0.860.570.680.380.490.230.30.320.2
0.90.7-0.050.830.750.570.390.60.90.860.590.49-0.380.680.570.63-0.540.890.160.910.80.530.740.740.48
0.730.30.590.780.810.810.180.310.370.66-0.160.490.330.320.70.66-0.190.65-0.010.790.450.580.860.850.84
-0.31-0.420.59-0.20.0-0.06-0.38-0.4-0.36-0.41-0.73-0.380.33-0.38-0.33-0.090.52-0.41-0.47-0.17-0.30.06-0.14-0.120.17
0.720.95-0.040.640.390.640.840.920.810.750.780.680.32-0.380.650.33-0.920.790.690.640.510.520.640.680.65
0.850.610.180.830.650.870.520.680.550.870.390.570.7-0.330.650.59-0.680.850.560.780.50.390.920.870.82
0.740.49-0.030.790.920.720.290.520.60.680.230.630.66-0.090.330.59-0.370.620.190.780.740.610.740.750.54
-0.63-0.920.2-0.57-0.33-0.61-0.86-0.98-0.74-0.68-0.86-0.54-0.190.52-0.92-0.68-0.37-0.69-0.86-0.52-0.47-0.4-0.56-0.59-0.59
0.980.760.110.940.750.790.560.730.810.990.570.890.65-0.410.790.850.62-0.690.390.930.750.590.920.910.72
0.320.7-0.290.290.070.420.770.80.40.410.680.16-0.01-0.470.690.560.19-0.860.390.190.170.180.340.360.38
0.970.650.190.950.910.810.380.610.810.920.380.910.79-0.170.640.780.78-0.520.930.190.760.60.930.920.75
0.790.66-0.190.840.760.610.470.580.720.790.490.80.45-0.30.510.50.74-0.470.750.170.760.780.670.720.42
0.640.660.080.70.660.660.630.550.510.640.230.530.580.060.520.390.61-0.40.590.180.60.780.610.750.52
0.950.620.280.950.850.920.470.630.640.930.30.740.86-0.140.640.920.74-0.560.920.340.930.670.610.980.86
0.950.70.250.960.860.920.560.680.680.940.320.740.85-0.120.680.870.75-0.590.910.360.920.720.750.980.84
0.750.580.460.770.670.890.470.660.550.720.20.480.840.170.650.820.54-0.590.720.380.750.420.520.860.84
Click cells to compare fundamentals

Honeywell International Account Relationship Matchups

Honeywell International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.7B64.6B64.5B62.3B61.5B34.8B
Short Long Term Debt Total16.0B22.4B19.6B19.6B21.5B22.6B
Other Current Liab5.0B3.7B3.7B4.7B3.4B3.9B
Total Current Liabilities18.1B19.2B19.5B19.9B18.5B10.8B
Total Stockholder Equity18.7B17.8B19.2B17.3B15.9B11.0B
Property Plant And Equipment Net5.3B5.6B5.6B5.5B6.7B5.2B
Net Debt6.9B8.1B8.6B9.9B13.6B14.3B
Retained Earnings37.7B39.9B42.8B45.1B48.0B50.4B
Cash9.1B14.3B11.0B9.6B7.9B8.3B
Non Current Assets Total34.4B36.4B39.1B37.3B38.0B20.5B
Non Currrent Assets Other9.1B9.8B10.5B9.7B8.7B9.2B
Cash And Short Term Investments10.4B15.2B11.5B10.1B8.1B4.2B
Net Receivables7.5B6.8B6.8B7.4B7.5B5.1B
Common Stock Shares Outstanding730.3M711.2M700.4M683.1M668.2M785.4M
Liabilities And Stockholders Equity58.7B64.6B64.5B62.3B61.5B34.8B
Non Current Liabilities Total21.9B27.6B25.7B25.0B26.5B27.9B
Inventory4.4B4.5B5.1B5.5B6.2B3.7B
Other Current Assets2.0B1.6B1.9B1.9B1.7B1.0B
Other Stockholder Equity(16.7B)(19.9B)(22.3B)(25.9B)(28.9B)(27.5B)
Total Liab40.0B46.8B45.2B44.9B45.1B23.8B
Property Plant And Equipment Gross5.3B5.6B14.5B14.8B15.3B16.1B
Total Current Assets24.3B28.2B25.4B25.0B23.5B14.4B
Accumulated Other Comprehensive Income(3.2B)(3.4B)(2.9B)(3.5B)(4.1B)(3.9B)
Short Term Debt4.9B6.2B5.5B4.6B4.1B2.3B
Intangible Assets3.7B3.6B3.6B3.2B3.2B3.7B
Accounts Payable5.7B5.8B6.5B6.3B6.8B3.8B
Good Will15.6B16.1B17.8B17.5B18.0B11.2B
Short Term Investments1.3B945M564M483M170M161.5M
Other Liab10.2B11.3B11.5B9.1B10.5B8.7B
Other Assets8.5B10.5B10.9B9.3B364M345.8M
Long Term Debt11.1B16.3B14.3B15.1B16.6B8.8B
Treasury Stock(23.8B)(27.2B)(30.5B)(34.4B)(31.0B)(29.4B)
Property Plant Equipment5.3B5.6B5.6B5.5B6.3B5.6B
Current Deferred Revenue2.5B2.9B3.2B3.6B3.5B2.4B
Noncontrolling Interest In Consolidated Entity212M241M673M622M715.3M751.1M
Retained Earnings Total Equity37.7B39.9B42.8B45.1B51.9B28.2B
Deferred Long Term Liab1.7B2.1B2.4B2.1B2.4B1.3B

Pair Trading with Honeywell International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Honeywell International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Honeywell International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Honeywell Stock

  0.67GFF GriffonPairCorr

Moving against Honeywell Stock

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  0.63BA Boeing Fiscal Year End 29th of January 2025 PairCorr
The ability to find closely correlated positions to Honeywell International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Honeywell International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Honeywell International to buy it.
The correlation of Honeywell International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Honeywell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Honeywell International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International'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 Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. 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.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Industrial Conglomerates 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 Honeywell International. If investors know Honeywell 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 Honeywell International 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
(0.05)
Dividend Share
4.32
Earnings Share
8.66
Revenue Per Share
58.021
Quarterly Revenue Growth
0.056
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.