HPL Other Current Assets vs Net Receivables 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 Other Current Assets and its Net Receivables 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPL Electric Power Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between HPL Electric's Other Current Assets and Net Receivables is 0.03. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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 Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of HPL Electric Power are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., HPL Electric's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

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	0.26	0.92	0.95	0.97	0.84	0.95	0.33	-0.62	0.94	-0.2	0.8	-0.21	0.92	0.93	-0.12	0.97	0.27	0.25	0.81	0.99	0.92	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	0.02	0.92	0.83	0.96	-0.04	0.69	-0.18
Other Current Liab	0.26	0.26		0.15	0.33	0.41	0.29	0.16	-0.33	-0.35	0.48	-0.98	0.39	-0.55	0.15	0.35	-0.29	0.21	0.65	-0.79	0.06	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	-0.06	0.72	-0.2	0.94	0.78	0.2	0.86	0.15	0.25	0.97	0.94	0.9	0.09	0.82	-0.24
Total Stockholder Equity	0.95	0.65	0.33	0.75		0.96	0.68	0.85	0.11	-0.61	0.95	-0.3	0.8	-0.18	0.79	0.95	-0.41	0.93	0.32	0.21	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	0.09	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	-0.03	0.89	0.83	0.97	-0.01	0.71	-0.22
Retained Earnings	0.95	0.84	0.16	0.91	0.85	0.89	0.83		0.37	-0.5	0.81	-0.09	0.62	-0.27	0.91	0.87	0.11	0.94	0.24	0.29	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	0.43	0.37	0.2	0.59	0.12	0.42	0.24	-0.42	0.53	0.63	0.41	0.17	-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	0.32	-0.62	0.22	-0.43	-0.76	0.3	-0.64	-0.28	0.18	-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	0.05	0.65	0.87	0.9	0.54	0.96	-0.71
Non Currrent Assets Other	-0.2	-0.19	-0.98	-0.06	-0.3	-0.36	-0.23	-0.09	0.43	0.32	-0.43		-0.33	0.49	-0.06	-0.31	0.33	-0.17	-0.64	0.81	0.04	-0.09	-0.28	-0.57	-0.28	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	-0.33		-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	0.49	-0.11		-0.1	-0.32	-0.11	-0.25	-0.36	0.49	-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	-0.06	0.74	-0.1		0.76	0.1	0.83	0.03	0.35	0.89	0.94	0.81	0.27	0.86	-0.28
Common Stock Shares Outstanding	0.93	0.71	0.35	0.78	0.95	0.94	0.75	0.87	0.12	-0.76	0.91	-0.31	0.73	-0.32	0.76		-0.32	0.96	0.33	0.1	0.64	0.9	0.85	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	0.06	0.43	-0.02	0.01	-0.68	-0.31	0.77
Inventory	0.97	0.79	0.21	0.86	0.93	0.94	0.81	0.94	0.24	-0.64	0.88	-0.17	0.69	-0.25	0.83	0.96	-0.14		0.28	0.24	0.76	0.97	0.89	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	0.25	0.02	-0.79	0.25	0.21	0.09	-0.03	0.29	0.53	0.18	0.05	0.81	0.16	0.49	0.35	0.1	0.06	0.24	-0.5		0.24	0.33	0.02	-0.09	0.24	0.02
Total Liab	0.81	0.92	0.06	0.97	0.58	0.7	0.89	0.86	0.63	-0.47	0.65	0.04	0.57	-0.22	0.89	0.64	0.43	0.76	0.11	0.24		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	-0.09	0.73	-0.18	0.94	0.9	-0.02	0.97	0.2	0.33	0.85		0.89	0.23	0.92	-0.41
Short Term Debt	0.92	0.96	0.34	0.9	0.82	0.93	0.97	0.86	0.17	-0.67	0.9	-0.28	0.69	-0.3	0.81	0.85	0.01	0.89	0.37	0.02	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	-0.28	0.9	-0.18	0.86	0.91	-0.31	0.91	0.28	0.24	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	0.02	-0.04	-0.41	-0.4	-0.77	-0.65

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HPL Electric Account Relationship Matchups

HPL Electric fundamental ratios Accounts

	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	675.2M	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	85.6M	89.8M
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	5.4B	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 Other Current Assets vs Net Receivables Analysis

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Receivables

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