HPL Inventory vs Other Stockholder Equity Analysis

HPL Stock   543.40  10.50  1.90%   
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 Inventory and its Other Stockholder Equity 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPL Electric Power Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between HPL Electric's Inventory and Other Stockholder Equity is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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 Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of HPL Electric Power are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., HPL Electric's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Other Stockholder Equity

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 Expense572.4M753.8M896.4M658.3M
Depreciation And Amortization470.8M383.6M386.5M316.9M

HPL Electric fundamental ratios Correlations

0.830.260.920.950.970.840.950.33-0.620.94-0.20.8-0.210.920.93-0.120.970.270.250.810.990.920.340.96-0.51
0.830.260.920.650.810.990.840.28-0.570.76-0.190.56-0.350.780.710.290.790.340.020.920.830.96-0.040.69-0.18
0.260.260.150.330.410.290.16-0.33-0.350.48-0.980.39-0.550.150.35-0.290.210.65-0.790.060.160.340.540.34-0.44
0.920.920.150.750.830.910.910.57-0.590.8-0.060.72-0.20.940.780.20.860.150.250.970.940.90.090.82-0.24
0.950.650.330.750.960.680.850.11-0.610.95-0.30.8-0.180.790.95-0.410.930.320.210.580.910.820.530.97-0.7
0.970.810.410.830.960.830.890.1-0.650.98-0.360.78-0.290.820.94-0.240.940.430.090.70.920.930.40.94-0.62
0.840.990.290.910.680.830.830.24-0.670.78-0.230.59-0.360.760.750.220.810.36-0.030.890.830.97-0.010.71-0.22
0.950.840.160.910.850.890.830.37-0.50.81-0.090.62-0.270.910.870.110.940.240.290.860.970.860.110.86-0.29
0.330.28-0.330.570.110.10.240.37-0.080.120.430.370.20.590.120.420.24-0.420.530.630.410.17-0.090.280.19
-0.62-0.57-0.35-0.59-0.61-0.65-0.67-0.5-0.08-0.690.32-0.620.22-0.43-0.760.3-0.64-0.280.18-0.47-0.56-0.67-0.22-0.60.44
0.940.760.480.80.950.980.780.810.12-0.69-0.430.88-0.260.790.91-0.340.880.410.050.650.870.90.540.96-0.71
-0.2-0.19-0.98-0.06-0.3-0.36-0.23-0.090.430.32-0.43-0.330.49-0.06-0.310.33-0.17-0.640.810.04-0.09-0.28-0.57-0.280.44
0.80.560.390.720.80.780.590.620.37-0.620.88-0.33-0.110.740.73-0.360.690.20.160.570.730.690.680.9-0.69
-0.21-0.35-0.55-0.2-0.18-0.29-0.36-0.270.20.22-0.260.49-0.11-0.1-0.32-0.11-0.25-0.360.49-0.22-0.18-0.3-0.06-0.180.3
0.920.780.150.940.790.820.760.910.59-0.430.79-0.060.74-0.10.760.10.830.030.350.890.940.810.270.86-0.28
0.930.710.350.780.950.940.750.870.12-0.760.91-0.310.73-0.320.76-0.320.960.330.10.640.90.850.370.91-0.62
-0.120.29-0.290.2-0.41-0.240.220.110.420.3-0.340.33-0.36-0.110.1-0.32-0.14-0.090.060.43-0.020.01-0.68-0.310.77
0.970.790.210.860.930.940.810.940.24-0.640.88-0.170.69-0.250.830.96-0.140.280.240.760.970.890.240.91-0.5
0.270.340.650.150.320.430.360.24-0.42-0.280.41-0.640.2-0.360.030.33-0.090.28-0.50.110.20.370.190.28-0.32
0.250.02-0.790.250.210.09-0.030.290.530.180.050.810.160.490.350.10.060.24-0.50.240.330.02-0.090.240.02
0.810.920.060.970.580.70.890.860.63-0.470.650.040.57-0.220.890.640.430.760.110.240.850.83-0.10.67-0.04
0.990.830.160.940.910.920.830.970.41-0.560.87-0.090.73-0.180.940.9-0.020.970.20.330.850.890.230.92-0.41
0.920.960.340.90.820.930.970.860.17-0.670.9-0.280.69-0.30.810.850.010.890.370.020.830.890.170.83-0.4
0.34-0.040.540.090.530.4-0.010.11-0.09-0.220.54-0.570.68-0.060.270.37-0.680.240.19-0.09-0.10.230.170.54-0.77
0.960.690.340.820.970.940.710.860.28-0.60.96-0.280.9-0.180.860.91-0.310.910.280.240.670.920.830.54-0.65
-0.51-0.18-0.44-0.24-0.7-0.62-0.22-0.290.190.44-0.710.44-0.690.3-0.28-0.620.77-0.5-0.320.02-0.04-0.41-0.4-0.77-0.65
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HPL Electric Account Relationship Matchups

HPL Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B15.9B16.4B17.0B18.7B15.8B
Short Long Term Debt Total5.9B5.9B6.0B6.0B6.3B5.8B
Other Current Liab5.7B290.2M2.0M42.2M675.2M1.2B
Total Current Liabilities7.4B7.6B7.9B8.2B9.1B8.1B
Total Stockholder Equity7.5B7.6B7.6B7.9B8.3B6.7B
Property Plant And Equipment Net4.8B4.5B4.5B4.6B4.7B4.4B
Net Debt5.6B5.5B5.6B5.7B6.0B5.3B
Retained Earnings3.0B3.1B3.2B3.4B4.2B3.1B
Accounts Payable1.7B1.9B2.3B2.3B3.0B2.6B
Cash295.7M340.1M390.8M330.5M263.6M312.8M
Non Current Assets Total5.5B5.1B5.0B5.0B4.9B4.9B
Non Currrent Assets Other(5.0B)95.6M(1K)157.0M85.6M89.8M
Other Assets509.8M447.8M453.1M349.6M402.0M411.6M
Cash And Short Term Investments295.7M340.1M390.8M836.9M263.6M388.0M
Net Receivables4.7B5.2B5.1B6.1B7.0B5.5B
Liabilities And Stockholders Equity15.7B15.9B16.4B17.0B18.7B15.8B
Non Current Liabilities Total766.5M703.4M805.4M838.7M1.3B700.1M
Inventory4.4B4.4B5.1B4.9B5.7B4.4B
Other Current Assets5.5B808.8M794.5M770.9M822.3M895.3M
Total Liab8.2B8.3B8.7B9.1B10.4B9.1B
Total Current Assets10.2B10.8B11.4B12.0B13.8B10.9B
Short Term Debt5.4B5.4B5.4B5.6B5.4B5.1B
Intangible Assets226.2M296.8M213.7M135.1M66.1M0.0
Other Liab203.9M215.8M202.5M361.9M325.7M217.5M
Net Tangible Assets7.3B7.4B7.6B7.9B9.1B6.7B
Long Term Debt502.2M439.7M584.7M469.8M900.9M462.9M
Short Long Term Debt5.4B5.1B5.1B5.5B5.3B4.4B
Property Plant Equipment4.8B4.5B4.5B4.6B5.3B4.4B
Current Deferred Revenue(5.4B)206.8M215.6M286.3M41.3M43.3M
Long Term Debt Total562.6M487.6M584.7M476.8M429.2M397.5M
Net Invested Capital13.3B13.1B13.3B13.9B14.5B14.6B
Net Working Capital2.8B3.2B3.4B3.8B4.7B3.6B

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Other Information on Investing in HPL Stock

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.