HPL Change In Cash vs Change In Working Capital Analysis

HPL Stock

482.40 0.60 0.12%

HPL Electric financial indicator trend analysis is much more than just examining HPL Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HPL Electric Power is a good investment. Please check the relationship between HPL Electric Change In Cash and its Change In Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HPL Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Change In Working Capital

Change In Cash vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPL Electric Power Change In Cash account and Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between HPL Electric's Change In Cash and Change In Working Capital is -0.6. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of HPL Electric Power, assuming nothing else is changed. The correlation between historical values of HPL Electric's Change In Cash and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of HPL Electric Power are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change In Cash i.e., HPL Electric's Change In Cash and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Change In Cash

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from HPL Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HPL Electric Power 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 HPL Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to about 139.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	572.4M	753.8M	896.4M	658.3M
Depreciation And Amortization	470.8M	383.6M	386.5M	316.9M

Interest Expense Depreciation And Amortization

HPL Electric 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	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	Common Stock	Other Liab
Total Assets		0.83	0.27	0.92	0.95	0.97	0.84	0.95	0.33	-0.62	0.94	-0.21	0.8	-0.21	0.92	0.93	-0.12	0.97	0.27	0.24	0.81	0.99	0.91	0.34	0.96	-0.51
Short Long Term Debt Total	0.83		0.26	0.92	0.65	0.81	0.99	0.84	0.28	-0.57	0.76	-0.19	0.56	-0.35	0.78	0.71	0.29	0.79	0.34	0.0	0.92	0.83	0.96	-0.04	0.69	-0.18
Other Current Liab	0.27	0.26		0.15	0.34	0.41	0.29	0.17	-0.33	-0.35	0.48	-0.98	0.39	-0.55	0.15	0.36	-0.29	0.22	0.65	-0.79	0.07	0.16	0.34	0.54	0.34	-0.44
Total Current Liabilities	0.92	0.92	0.15		0.75	0.83	0.91	0.91	0.57	-0.59	0.8	-0.07	0.72	-0.2	0.94	0.78	0.2	0.86	0.15	0.23	0.97	0.94	0.9	0.09	0.82	-0.24
Total Stockholder Equity	0.95	0.65	0.34	0.75		0.96	0.68	0.85	0.11	-0.61	0.95	-0.31	0.8	-0.18	0.79	0.95	-0.41	0.93	0.32	0.2	0.58	0.91	0.82	0.53	0.97	-0.7
Property Plant And Equipment Net	0.97	0.81	0.41	0.83	0.96		0.83	0.89	0.1	-0.65	0.98	-0.36	0.78	-0.29	0.82	0.94	-0.24	0.94	0.43	0.08	0.7	0.92	0.93	0.4	0.94	-0.62
Net Debt	0.84	0.99	0.29	0.91	0.68	0.83		0.83	0.24	-0.67	0.78	-0.23	0.59	-0.36	0.76	0.75	0.22	0.81	0.36	-0.04	0.89	0.83	0.97	-0.01	0.71	-0.22
Retained Earnings	0.95	0.84	0.17	0.91	0.85	0.89	0.83		0.37	-0.5	0.81	-0.1	0.62	-0.27	0.91	0.87	0.11	0.94	0.24	0.27	0.86	0.97	0.86	0.11	0.86	-0.29
Accounts Payable	0.33	0.28	-0.33	0.57	0.11	0.1	0.24	0.37		-0.08	0.12	0.42	0.37	0.2	0.59	0.12	0.42	0.24	-0.42	0.52	0.63	0.41	0.16	-0.09	0.28	0.19
Cash	-0.62	-0.57	-0.35	-0.59	-0.61	-0.65	-0.67	-0.5	-0.08		-0.69	0.33	-0.62	0.22	-0.43	-0.76	0.3	-0.64	-0.28	0.19	-0.47	-0.56	-0.67	-0.22	-0.6	0.44
Non Current Assets Total	0.94	0.76	0.48	0.8	0.95	0.98	0.78	0.81	0.12	-0.69		-0.43	0.88	-0.26	0.79	0.91	-0.34	0.88	0.41	0.04	0.65	0.87	0.9	0.54	0.96	-0.71
Non Currrent Assets Other	-0.21	-0.19	-0.98	-0.07	-0.31	-0.36	-0.23	-0.1	0.42	0.33	-0.43		-0.34	0.5	-0.07	-0.32	0.33	-0.18	-0.64	0.81	0.03	-0.1	-0.29	-0.57	-0.29	0.44
Other Assets	0.8	0.56	0.39	0.72	0.8	0.78	0.59	0.62	0.37	-0.62	0.88	-0.34		-0.11	0.74	0.73	-0.36	0.69	0.2	0.16	0.57	0.73	0.69	0.68	0.9	-0.69
Cash And Short Term Investments	-0.21	-0.35	-0.55	-0.2	-0.18	-0.29	-0.36	-0.27	0.2	0.22	-0.26	0.5	-0.11		-0.1	-0.32	-0.11	-0.25	-0.36	0.51	-0.22	-0.18	-0.3	-0.06	-0.18	0.3
Net Receivables	0.92	0.78	0.15	0.94	0.79	0.82	0.76	0.91	0.59	-0.43	0.79	-0.07	0.74	-0.1		0.76	0.1	0.83	0.03	0.33	0.89	0.94	0.8	0.27	0.86	-0.28
Common Stock Shares Outstanding	0.93	0.71	0.36	0.78	0.95	0.94	0.75	0.87	0.12	-0.76	0.91	-0.32	0.73	-0.32	0.76		-0.32	0.96	0.33	0.08	0.64	0.9	0.84	0.37	0.91	-0.62
Non Current Liabilities Total	-0.12	0.29	-0.29	0.2	-0.41	-0.24	0.22	0.11	0.42	0.3	-0.34	0.33	-0.36	-0.11	0.1	-0.32		-0.14	-0.09	0.05	0.43	-0.02	0.0	-0.68	-0.31	0.77
Inventory	0.97	0.79	0.22	0.86	0.93	0.94	0.81	0.94	0.24	-0.64	0.88	-0.18	0.69	-0.25	0.83	0.96	-0.14		0.28	0.22	0.76	0.97	0.88	0.24	0.91	-0.5
Other Current Assets	0.27	0.34	0.65	0.15	0.32	0.43	0.36	0.24	-0.42	-0.28	0.41	-0.64	0.2	-0.36	0.03	0.33	-0.09	0.28		-0.5	0.11	0.2	0.37	0.19	0.28	-0.32
Other Stockholder Equity	0.24	0.0	-0.79	0.23	0.2	0.08	-0.04	0.27	0.52	0.19	0.04	0.81	0.16	0.51	0.33	0.08	0.05	0.22	-0.5		0.23	0.31	0.01	-0.09	0.23	0.01
Total Liab	0.81	0.92	0.07	0.97	0.58	0.7	0.89	0.86	0.63	-0.47	0.65	0.03	0.57	-0.22	0.89	0.64	0.43	0.76	0.11	0.23		0.85	0.83	-0.1	0.67	-0.04
Total Current Assets	0.99	0.83	0.16	0.94	0.91	0.92	0.83	0.97	0.41	-0.56	0.87	-0.1	0.73	-0.18	0.94	0.9	-0.02	0.97	0.2	0.31	0.85		0.89	0.23	0.92	-0.41
Short Term Debt	0.91	0.96	0.34	0.9	0.82	0.93	0.97	0.86	0.16	-0.67	0.9	-0.29	0.69	-0.3	0.8	0.84	0.0	0.88	0.37	0.01	0.83	0.89		0.17	0.83	-0.4
Intangible Assets	0.34	-0.04	0.54	0.09	0.53	0.4	-0.01	0.11	-0.09	-0.22	0.54	-0.57	0.68	-0.06	0.27	0.37	-0.68	0.24	0.19	-0.09	-0.1	0.23	0.17		0.54	-0.77
Common Stock	0.96	0.69	0.34	0.82	0.97	0.94	0.71	0.86	0.28	-0.6	0.96	-0.29	0.9	-0.18	0.86	0.91	-0.31	0.91	0.28	0.23	0.67	0.92	0.83	0.54		-0.65
Other Liab	-0.51	-0.18	-0.44	-0.24	-0.7	-0.62	-0.22	-0.29	0.19	0.44	-0.71	0.44	-0.69	0.3	-0.28	-0.62	0.77	-0.5	-0.32	0.01	-0.04	-0.41	-0.4	-0.77	-0.65

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HPL Electric Account Relationship Matchups

HPL Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.7B	15.9B	16.4B	17.0B	18.7B	15.8B
Short Long Term Debt Total	5.9B	5.9B	6.0B	6.0B	6.3B	5.8B
Other Current Liab	5.7B	290.2M	2.0M	42.2M	757.7M	1.2B
Total Current Liabilities	7.4B	7.6B	7.9B	8.2B	9.1B	8.1B
Total Stockholder Equity	7.5B	7.6B	7.6B	7.9B	8.3B	6.7B
Property Plant And Equipment Net	4.8B	4.5B	4.5B	4.6B	4.7B	4.4B
Net Debt	5.6B	5.5B	5.6B	5.7B	6.0B	5.3B
Retained Earnings	3.0B	3.1B	3.2B	3.4B	4.2B	3.1B
Accounts Payable	1.7B	1.9B	2.3B	2.3B	3.0B	2.6B
Cash	295.7M	340.1M	390.8M	330.5M	263.6M	312.8M
Non Current Assets Total	5.5B	5.1B	5.0B	5.0B	4.9B	4.9B
Non Currrent Assets Other	(5.0B)	95.6M	(1K)	157.0M	361K	379.1K
Other Assets	509.8M	447.8M	453.1M	349.6M	402.0M	411.6M
Cash And Short Term Investments	295.7M	340.1M	390.8M	836.9M	263.6M	388.0M
Net Receivables	4.7B	5.2B	5.1B	6.1B	7.0B	5.5B
Liabilities And Stockholders Equity	15.7B	15.9B	16.4B	17.0B	18.7B	15.8B
Non Current Liabilities Total	766.5M	703.4M	805.4M	838.7M	1.3B	700.1M
Inventory	4.4B	4.4B	5.1B	4.9B	5.7B	4.4B
Other Current Assets	5.5B	808.8M	794.5M	770.9M	822.3M	895.3M
Total Liab	8.2B	8.3B	8.7B	9.1B	10.4B	9.1B
Total Current Assets	10.2B	10.8B	11.4B	12.0B	13.8B	10.9B
Short Term Debt	5.4B	5.4B	5.4B	5.6B	5.3B	5.1B
Intangible Assets	226.2M	296.8M	213.7M	135.1M	66.1M	0.0
Other Liab	203.9M	215.8M	202.5M	361.9M	325.7M	217.5M
Net Tangible Assets	7.3B	7.4B	7.6B	7.9B	9.1B	6.7B
Long Term Debt	502.2M	439.7M	584.7M	469.8M	900.9M	462.9M
Short Long Term Debt	5.4B	5.1B	5.1B	5.5B	5.3B	4.4B
Property Plant Equipment	4.8B	4.5B	4.5B	4.6B	5.3B	4.4B
Current Deferred Revenue	(5.4B)	206.8M	215.6M	286.3M	41.3M	43.3M
Long Term Debt Total	562.6M	487.6M	584.7M	476.8M	429.2M	397.5M
Net Invested Capital	13.3B	13.1B	13.3B	13.9B	14.5B	14.6B
Net Working Capital	2.8B	3.2B	3.4B	3.8B	4.7B	3.6B

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Balance Sheet is a snapshot of the financial position of HPL Electric Power at a specified time, usually calculated after every quarter, six months, or one year. HPL Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HPL Electric and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HPL currently owns. An asset can also be divided into two categories, current and non-current.

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HPL Change In Cash vs Change In Working Capital Analysis

Change In Cash vs Change In Working Capital

Change In Cash vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Change In Cash

Change In Working Capital

HPL Electric fundamental ratios Correlations

HPL Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HPL Electric fundamental ratios Accounts

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Other Information on Investing in HPL Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.97	Total Assets
Inventory	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Current Liabilities

Non Currrent Assets Other	- 0.98	Other Current Liab
Other Stockholder Equity	- 0.79	Other Current Liab
Other Liab	- 0.77	Intangible Assets
Common Stock Shares Outstanding	- 0.76	Cash
Other Liab	- 0.71	Non Current Assets Total
Other Liab	- 0.7	Total Stockholder Equity