Hewlett Capital Stock vs Net Tangible Assets Analysis

HPE Stock  USD 22.10  0.36  1.66%   
Hewlett Packard financial indicator trend analysis is much more than just examining Hewlett Packard Ente latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hewlett Packard Ente is a good investment. Please check the relationship between Hewlett Packard Capital Stock and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hewlett Packard Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Capital Stock vs Net Tangible Assets

Capital Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hewlett Packard Ente Capital Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hewlett Packard's Capital Stock and Net Tangible Assets is 0.49. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Hewlett Packard Enterprise, assuming nothing else is changed. The correlation between historical values of Hewlett Packard's Capital Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Hewlett Packard Enterprise are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., Hewlett Packard's Capital Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Hewlett Packard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hewlett Packard Ente 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 Hewlett Packard Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Hewlett Packard's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense188M156M140.4M133.4M
Depreciation And Amortization2.5B2.6B2.4B2.6B

Hewlett Packard fundamental ratios Correlations

0.84-0.650.89-0.230.930.560.890.86-0.9-0.770.170.85-0.830.12-0.460.130.850.9-0.21-0.780.880.98-0.270.470.79
0.84-0.270.860.110.80.770.950.79-0.64-0.470.50.99-0.590.46-0.080.480.770.870.2-0.570.730.830.220.620.98
-0.65-0.27-0.650.16-0.770.11-0.44-0.740.840.660.6-0.280.830.480.950.63-0.73-0.640.850.41-0.81-0.710.82-0.22-0.24
0.890.86-0.650.050.950.430.930.98-0.81-0.70.030.85-0.890.0-0.47-0.010.980.98-0.23-0.620.910.94-0.190.590.84
-0.230.110.160.050.04-0.020.060.090.090.530.070.00.110.170.030.120.060.00.120.550.02-0.170.450.00.23
0.930.8-0.770.950.040.420.890.96-0.94-0.7-0.030.79-0.890.01-0.63-0.050.940.95-0.37-0.610.950.96-0.320.490.78
0.560.770.110.43-0.020.420.670.34-0.4-0.270.820.78-0.110.870.250.790.280.470.53-0.550.360.470.470.50.73
0.890.95-0.440.930.060.890.670.89-0.76-0.630.330.95-0.740.32-0.260.30.870.950.03-0.690.820.90.050.550.92
0.860.79-0.740.980.090.960.340.89-0.84-0.7-0.10.79-0.9-0.06-0.61-0.130.980.97-0.37-0.560.930.92-0.30.520.77
-0.9-0.640.84-0.810.09-0.94-0.4-0.76-0.840.70.08-0.640.840.00.730.11-0.82-0.820.480.65-0.92-0.90.46-0.36-0.63
-0.77-0.470.66-0.70.53-0.7-0.27-0.63-0.70.70.13-0.550.770.160.490.18-0.69-0.730.330.88-0.67-0.780.48-0.34-0.37
0.170.50.60.030.07-0.030.820.33-0.10.080.130.480.280.880.71.0-0.120.050.87-0.25-0.10.060.80.190.51
0.850.99-0.280.850.00.790.780.950.79-0.64-0.550.48-0.580.46-0.10.450.760.880.18-0.630.720.840.160.640.94
-0.83-0.590.83-0.890.11-0.89-0.11-0.74-0.90.840.770.28-0.580.360.680.32-0.94-0.880.520.62-0.87-0.890.5-0.35-0.58
0.120.460.480.00.170.010.870.32-0.060.00.160.880.460.360.510.88-0.150.050.72-0.18-0.030.010.710.240.44
-0.46-0.080.95-0.470.03-0.630.25-0.26-0.610.730.490.7-0.10.680.510.71-0.55-0.460.940.2-0.68-0.530.85-0.06-0.07
0.130.480.63-0.010.12-0.050.790.3-0.130.110.181.00.450.320.880.71-0.150.020.87-0.2-0.140.020.820.150.49
0.850.77-0.730.980.060.940.280.870.98-0.82-0.69-0.120.76-0.94-0.15-0.55-0.150.97-0.34-0.560.90.92-0.280.550.76
0.90.87-0.640.980.00.950.470.950.97-0.82-0.730.050.88-0.880.05-0.460.020.97-0.22-0.660.880.95-0.20.590.83
-0.210.20.85-0.230.12-0.370.530.03-0.370.480.330.870.180.520.720.940.87-0.34-0.22-0.01-0.44-0.30.940.10.21
-0.78-0.570.41-0.620.55-0.61-0.55-0.69-0.560.650.88-0.25-0.630.62-0.180.2-0.2-0.56-0.66-0.01-0.57-0.730.18-0.27-0.47
0.880.73-0.810.910.020.950.360.820.93-0.92-0.67-0.10.72-0.87-0.03-0.68-0.140.90.88-0.44-0.570.92-0.390.370.72
0.980.83-0.710.94-0.170.960.470.90.92-0.9-0.780.060.84-0.890.01-0.530.020.920.95-0.3-0.730.92-0.330.50.79
-0.270.220.82-0.190.45-0.320.470.05-0.30.460.480.80.160.50.710.850.82-0.28-0.20.940.18-0.39-0.330.090.27
0.470.62-0.220.590.00.490.50.550.52-0.36-0.340.190.64-0.350.24-0.060.150.550.590.1-0.270.370.50.090.58
0.790.98-0.240.840.230.780.730.920.77-0.63-0.370.510.94-0.580.44-0.070.490.760.830.21-0.470.720.790.270.58
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Hewlett Packard Account Relationship Matchups

Hewlett Packard fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.2B1.3B
Total Assets54.0B57.7B57.1B57.2B51.4B50.1B
Short Long Term Debt Total15.9B13.4B12.5B13.5B15.5B13.0B
Other Current Liab5.8B6.4B6.1B5.9B5.3B5.8B
Total Current Liabilities18.7B20.7B23.2B21.9B25.2B22.5B
Total Stockholder Equity16.0B20.0B19.9B21.2B19.1B20.3B
Other Liab6.1B7.1B6.2B5.4B4.9B6.1B
Property Plant And Equipment Net5.6B5.6B5.8B6.0B5.4B5.7B
Current Deferred Revenue3.4B3.4B3.5B3.7B3.3B3.2B
Net Debt11.7B9.5B8.3B9.2B10.6B6.8B
Accounts Payable5.4B7.0B8.7B7.1B8.2B6.7B
Cash4.2B4.0B4.2B3.7B3.3B4.5B
Non Current Assets Total37.5B38.8B36.6B38.2B34.4B33.0B
Non Currrent Assets Other8.8B9.6B8.4B9.1B10.5B7.4B
Other Assets4.0B5.7B5.2B5.2B4.7B5.3B
Long Term Debt12.2B9.9B7.9B7.5B8.6B9.6B
Cash And Short Term Investments4.2B4.0B4.2B4.6B4.1B4.5B
Net Receivables7.2B7.9B7.6B7.0B6.3B7.4B
Liabilities And Stockholders Equity54.0B57.7B57.1B57.2B51.4B50.1B
Non Current Liabilities Total19.2B17.0B14.0B14.0B16.1B18.4B
Inventory2.7B4.5B5.2B4.6B5.3B3.2B
Other Current Assets2.5B2.5B3.6B2.7B2.5B2.8B
Other Stockholder Equity28.4B28.5B28.3B28.2B25.4B26.1B
Total Liab37.9B37.7B37.2B35.9B41.3B40.9B
Property Plant And Equipment Gross6.6B12.4B5.8B6.0B5.4B6.2B
Total Current Assets16.6B18.9B20.5B18.9B17.1B17.1B
Accumulated Other Comprehensive Income(3.9B)(2.9B)(3.1B)(3.1B)(3.5B)(3.7B)
Short Term Debt3.9B3.7B4.8B5.1B5.8B3.4B
Intangible Assets1.1B1.0B733M654M588.6M1.1B
Property Plant Equipment5.6B5.6B5.8B2.9B2.6B4.3B
Net Tangible Assets(3.0B)643M1.7B2.5B2.3B2.8B
Retained Earnings(8.4B)(5.6B)(5.4B)(3.9B)(3.6B)(3.7B)
Deferred Long Term Liab76M95M124M138M124.2M118.0M
Long Term Investments2.2B2.2B2.2B2.2B2.0B2.0B
Short Long Term Debt3.8B3.6B4.6B4.9B5.6B3.4B
Retained Earnings Total Equity(7.6B)(8.4B)(5.6B)(5.4B)(4.8B)(5.1B)

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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.
When determining whether Hewlett Packard Ente is a strong investment it is important to analyze Hewlett Packard'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 Hewlett Packard's future performance. For an informed investment choice regarding Hewlett 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 Hewlett Packard Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Technology Hardware, Storage & Peripherals 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 Hewlett Packard. If investors know Hewlett 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 Hewlett Packard 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
0.086
Dividend Share
0.51
Earnings Share
1.41
Revenue Per Share
22.238
Quarterly Revenue Growth
0.101
The market value of Hewlett Packard Ente is measured differently than its book value, which is the value of Hewlett that is recorded on the company's balance sheet. Investors also form their own opinion of Hewlett Packard's value that differs from its market value or its book value, called intrinsic value, which is Hewlett Packard'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 Hewlett Packard's market value can be influenced by many factors that don't directly affect Hewlett Packard'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 Hewlett Packard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hewlett Packard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hewlett Packard'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.