HPL Retained Earnings vs Other Current Assets Analysis

HPL Stock   490.90  6.40  1.29%   
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 Retained Earnings and its Other Current Assets 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 producer price index.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPL Electric Power Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between HPL Electric's Retained Earnings and Other Current Assets is 0.38. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets 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 Retained Earnings and Other Current 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 Retained Earnings of HPL Electric Power are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., HPL Electric's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
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 producer price index.
The current year's Selling General Administrative is expected to grow to about 2.1 B. The current year's Tax Provision is expected to grow to about 353.4 M
 2022 2023 2024 2025 (projected)
Interest Expense753.8M896.4M897.2M705.4M
Depreciation And Amortization383.6M386.5M421.6M310.0M

HPL Electric fundamental ratios Correlations

0.860.540.940.950.970.840.680.68-0.280.92-0.12-0.010.930.88-0.350.970.660.760.890.990.940.930.480.21-0.34
0.860.420.890.710.850.990.580.56-0.340.79-0.14-0.190.830.720.040.820.540.490.910.850.960.720.36-0.07-0.11
0.540.420.610.410.450.370.870.640.030.370.06-0.230.560.35-0.140.570.250.310.610.580.430.37-0.15-0.13-0.06
0.940.890.610.790.860.850.740.84-0.160.790.00.040.940.71-0.170.930.540.640.980.960.920.790.350.01-0.11
0.950.710.410.790.970.720.560.47-0.360.95-0.24-0.030.810.96-0.560.920.730.790.690.910.860.960.570.42-0.55
0.970.850.450.860.970.850.610.49-0.380.97-0.28-0.120.850.95-0.420.930.720.730.790.930.950.940.540.31-0.48
0.840.990.370.850.720.850.530.49-0.460.81-0.19-0.220.790.760.010.80.630.450.870.820.960.720.39-0.04-0.15
0.680.580.870.740.560.610.530.660.010.520.11-0.020.640.53-0.290.710.380.390.710.710.620.51-0.04-0.18-0.17
0.680.560.640.840.470.490.490.660.150.430.290.280.790.32-0.040.680.20.530.850.740.570.50.16-0.090.13
-0.28-0.340.03-0.16-0.36-0.38-0.460.010.15-0.480.340.25-0.1-0.580.22-0.23-0.74-0.02-0.12-0.2-0.37-0.37-0.47-0.240.39
0.920.790.370.790.950.970.810.520.43-0.48-0.38-0.120.780.96-0.490.850.740.760.710.860.910.960.710.48-0.6
-0.12-0.140.060.0-0.24-0.28-0.190.110.290.34-0.380.490.06-0.330.31-0.07-0.32-0.130.06-0.02-0.21-0.25-0.39-0.580.44
-0.01-0.19-0.230.04-0.03-0.12-0.22-0.020.280.25-0.120.490.09-0.14-0.16-0.02-0.130.160.010.03-0.11-0.010.05-0.070.23
0.930.830.560.940.810.850.790.640.79-0.10.780.060.090.69-0.10.870.380.790.930.950.860.820.390.1-0.11
0.880.720.350.710.960.950.760.530.32-0.580.96-0.33-0.140.69-0.580.860.850.660.620.820.860.920.60.41-0.63
-0.350.04-0.14-0.17-0.56-0.420.01-0.29-0.040.22-0.490.31-0.16-0.1-0.58-0.37-0.57-0.420.02-0.28-0.23-0.51-0.45-0.640.78
0.970.820.570.930.920.930.80.710.68-0.230.85-0.07-0.020.870.86-0.370.70.650.870.980.90.860.330.1-0.28
0.660.540.250.540.730.720.630.380.2-0.740.74-0.32-0.130.380.85-0.570.70.250.440.60.670.690.460.25-0.49
0.760.490.310.640.790.730.450.390.53-0.020.76-0.130.160.790.66-0.420.650.250.570.730.610.830.650.6-0.52
0.890.910.610.980.690.790.870.710.85-0.120.710.060.010.930.620.020.870.440.570.920.880.70.26-0.120.03
0.990.850.580.960.910.930.820.710.74-0.20.86-0.020.030.950.82-0.280.980.60.730.920.920.880.380.11-0.23
0.940.960.430.920.860.950.960.620.57-0.370.91-0.21-0.110.860.86-0.230.90.670.610.880.920.840.470.11-0.29
0.930.720.370.790.960.940.720.510.5-0.370.96-0.25-0.010.820.92-0.510.860.690.830.70.880.840.730.49-0.57
0.480.36-0.150.350.570.540.39-0.040.16-0.470.71-0.390.050.390.6-0.450.330.460.650.260.380.470.730.77-0.65
0.21-0.07-0.130.010.420.31-0.04-0.18-0.09-0.240.48-0.58-0.070.10.41-0.640.10.250.6-0.120.110.110.490.77-0.77
-0.34-0.11-0.06-0.11-0.55-0.48-0.15-0.170.130.39-0.60.440.23-0.11-0.630.78-0.28-0.49-0.520.03-0.23-0.29-0.57-0.65-0.77
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HPL Electric Account Relationship Matchups

HPL Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.9B16.4B17.0B18.7B20.9B15.8B
Short Long Term Debt Total5.9B6.0B6.0B6.3B6.4B5.7B
Other Current Liab290.2M2.0M42.2M675.2M832.0M873.6M
Total Current Liabilities7.6B7.9B8.2B9.1B11.3B8.2B
Total Stockholder Equity7.6B7.6B7.9B8.3B9.2B6.7B
Property Plant And Equipment Net4.5B4.5B4.6B4.7B5.1B4.3B
Net Debt5.5B5.6B5.7B6.0B5.8B5.2B
Retained Earnings3.1B3.2B3.4B4.2B8.5B8.9B
Accounts Payable1.9B2.3B2.3B3.0B4.3B2.7B
Cash340.1M390.8M330.5M263.6M612.8M330.1M
Non Current Assets Total5.1B5.0B5.0B4.9B5.2B4.8B
Non Currrent Assets Other95.6M(1K)157.0M85.6M174.4M183.1M
Cash And Short Term Investments340.1M390.8M836.9M263.6M612.8M394.6M
Net Receivables5.2B5.1B6.1B7.0B7.1B5.4B
Liabilities And Stockholders Equity15.9B16.4B17.0B18.7B20.9B15.8B
Non Current Liabilities Total703.4M805.4M838.7M1.3B499.7M687.4M
Inventory4.4B5.1B4.9B5.7B7.0B4.5B
Other Current Assets808.8M794.5M770.9M822.3M996.8M635.1M
Total Liab8.3B8.7B9.1B10.4B11.8B9.1B
Total Current Assets10.8B11.4B12.0B13.8B15.7B11.0B
Short Term Debt5.4B5.4B5.6B5.4B6.1B5.1B
Other Assets447.8M453.1M349.6M133.3M155.7M147.9M
Other Liab203.9M215.8M202.5M361.9M325.7M217.5M
Net Tangible Assets7.3B7.4B7.6B7.9B9.1B6.7B
Long Term Debt439.7M584.7M469.8M900.9M209.0M198.5M
Short Long Term Debt5.1B5.1B5.5B5.3B6.1B4.6B
Property Plant Equipment4.5B4.5B4.6B4.7B5.1B4.6B
Current Deferred Revenue206.8M215.6M286.3M41.3M47.4M49.8M
Long Term Debt Total487.6M584.7M476.8M924.5M247.8M411.8M
Net Invested Capital13.1B13.3B13.9B14.5B15.5B14.9B
Net Working Capital3.2B3.4B3.8B4.7B4.4B3.8B
Capital Lease Obligations55.8M29.7M17.5M35.1M62.2M36.9M
Property Plant And Equipment Gross5.8B6.1B4.6B4.7B5.1B4.2B

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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.