Harris Inventory vs Short Long Term Debt Total Analysis

HT8 Stock

0.01 0 33.33%

Harris Technology financial indicator trend analysis is much more than just examining Harris Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harris Technology is a good investment. Please check the relationship between Harris Technology Inventory and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harris Technology Group. 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 Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harris Technology Inventory account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Harris Technology's Inventory and Short Long Term Debt Total is 0.42. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Harris Technology Group, assuming nothing else is changed. The correlation between historical values of Harris Technology's Inventory and Short Long Term Debt Total 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 Harris Technology Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., Harris Technology's Inventory and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Short Long Term Debt Total

Most indicators from Harris Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harris Technology 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 Harris Technology Group. 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.

Selling General Administrative is likely to drop to about 1.8 M in 2024. Discontinued Operations is likely to gain to about (1.3 M) in 2024

	2021	2022	2023	2024 (projected)
Cost Of Revenue	45.6M	22.7M	11.8M	11.9M
Total Revenue	50.3M	24.2M	16.7M	13.9M

Cost Of Revenue Total Revenue

Harris Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.42	0.31	0.87	0.42	0.43	-0.38	0.26	0.89	0.72	-0.06	-0.49	0.53	0.78	0.43	-0.12	0.15	0.91	0.25	-0.59	0.76	0.37	0.99	0.76	-0.45	-0.47
Short Long Term Debt Total	0.42		0.59	0.74	-0.61	0.24	-0.8	0.94	0.65	0.08	-0.61	-0.57	-0.23	0.67	0.33	-0.37	0.86	0.42	-0.02	-0.49	0.88	0.18	0.47	0.82	-0.53	-0.61
Other Current Liab	0.31	0.59		0.53	-0.33	0.33	-0.8	0.43	0.46	0.34	-0.05	-0.08	-0.5	0.5	0.31	-0.92	0.44	0.47	0.09	-0.06	0.57	0.29	0.33	0.54	-0.66	0.08
Total Current Liabilities	0.87	0.74	0.53		-0.05	0.28	-0.7	0.61	0.98	0.51	-0.31	-0.5	0.22	0.93	0.34	-0.28	0.44	0.83	0.08	-0.55	0.95	0.21	0.9	0.96	-0.5	-0.57
Total Stockholder Equity	0.42	-0.61	-0.33	-0.05		0.19	0.53	-0.72	0.03	0.51	0.58	0.15	0.68	-0.08	0.06	0.29	-0.73	0.33	0.24	0.0	-0.28	0.2	0.34	-0.19	0.16	0.24
Property Plant And Equipment Net	0.43	0.24	0.33	0.28	0.19		-0.2	0.27	0.25	0.12	0.09	-0.54	-0.06	0.32	0.79	-0.24	0.29	0.47	0.78	-0.56	0.31	0.99	0.39	0.23	-0.6	-0.24
Current Deferred Revenue	-0.38	-0.8	-0.8	-0.7	0.53	-0.2		-0.72	-0.63	-0.26	0.37	0.37	0.29	-0.75	-0.16	0.61	-0.66	-0.4	0.08	0.22	-0.78	-0.14	-0.44	-0.76	0.51	0.23
Net Debt	0.26	0.94	0.43	0.61	-0.72	0.27	-0.72		0.53	-0.17	-0.68	-0.65	-0.31	0.61	0.35	-0.23	0.92	0.29	0.02	-0.55	0.79	0.21	0.34	0.71	-0.49	-0.68
Accounts Payable	0.89	0.65	0.46	0.98	0.03	0.25	-0.63	0.53		0.56	-0.32	-0.53	0.27	0.9	0.39	-0.27	0.39	0.87	0.11	-0.6	0.92	0.19	0.93	0.9	-0.52	-0.59
Cash	0.72	0.08	0.34	0.51	0.51	0.12	-0.26	-0.17	0.56		0.16	-0.1	0.57	0.38	0.17	-0.32	-0.08	0.61	0.06	-0.17	0.4	0.08	0.67	0.38	-0.29	-0.03
Non Current Assets Total	-0.06	-0.61	-0.05	-0.31	0.58	0.09	0.37	-0.68	-0.32	0.16		0.61	0.11	-0.31	-0.32	0.01	-0.71	-0.13	0.07	0.59	-0.48	0.06	-0.18	-0.34	0.46	0.69
Non Currrent Assets Other	-0.49	-0.57	-0.08	-0.5	0.15	-0.54	0.37	-0.65	-0.53	-0.1	0.61		-0.16	-0.51	-0.67	-0.03	-0.69	-0.47	-0.32	0.89	-0.63	-0.52	-0.54	-0.46	0.6	0.8
Cash And Short Term Investments	0.53	-0.23	-0.5	0.22	0.68	-0.06	0.29	-0.31	0.27	0.57	0.11	-0.16		0.17	-0.1	0.59	-0.33	0.25	0.0	-0.21	0.08	-0.08	0.48	0.12	0.28	-0.24
Net Receivables	0.78	0.67	0.5	0.93	-0.08	0.32	-0.75	0.61	0.9	0.38	-0.31	-0.51	0.17		0.26	-0.2	0.42	0.74	0.08	-0.49	0.89	0.25	0.84	0.89	-0.46	-0.44
Common Stock Shares Outstanding	0.43	0.33	0.31	0.34	0.06	0.79	-0.16	0.35	0.39	0.17	-0.32	-0.67	-0.1	0.26		-0.36	0.43	0.56	0.79	-0.82	0.41	0.83	0.43	0.24	-0.83	-0.54
Short Term Investments	-0.12	-0.37	-0.92	-0.28	0.29	-0.24	0.61	-0.23	-0.27	-0.32	0.01	-0.03	0.59	-0.2	-0.36		-0.34	-0.34	-0.13	-0.01	-0.33	-0.24	-0.13	-0.26	0.66	-0.18
Non Current Liabilities Total	0.15	0.86	0.44	0.44	-0.73	0.29	-0.66	0.92	0.39	-0.08	-0.71	-0.69	-0.33	0.42	0.43	-0.34		0.18	0.07	-0.54	0.69	0.25	0.22	0.5	-0.59	-0.61
Inventory	0.91	0.42	0.47	0.83	0.33	0.47	-0.4	0.29	0.87	0.61	-0.13	-0.47	0.25	0.74	0.56	-0.34	0.18		0.25	-0.62	0.73	0.43	0.94	0.72	-0.67	-0.41
Other Current Assets	0.25	-0.02	0.09	0.08	0.24	0.78	0.08	0.02	0.11	0.06	0.07	-0.32	0.0	0.08	0.79	-0.13	0.07	0.25		-0.5	0.08	0.85	0.2	-0.04	-0.43	-0.26
Other Stockholder Equity	-0.59	-0.49	-0.06	-0.55	0.0	-0.56	0.22	-0.55	-0.6	-0.17	0.59	0.89	-0.21	-0.49	-0.82	-0.01	-0.54	-0.62	-0.5		-0.63	-0.57	-0.63	-0.49	0.68	0.87
Total Liab	0.76	0.88	0.57	0.95	-0.28	0.31	-0.78	0.79	0.92	0.4	-0.48	-0.63	0.08	0.89	0.41	-0.33	0.69	0.73	0.08	-0.63		0.24	0.8	0.94	-0.59	-0.66
Property Plant And Equipment Gross	0.37	0.18	0.29	0.21	0.2	0.99	-0.14	0.21	0.19	0.08	0.06	-0.52	-0.08	0.25	0.83	-0.24	0.25	0.43	0.85	-0.57	0.24		0.34	0.14	-0.61	-0.23
Total Current Assets	0.99	0.47	0.33	0.9	0.34	0.39	-0.44	0.34	0.93	0.67	-0.18	-0.54	0.48	0.84	0.43	-0.13	0.22	0.94	0.2	-0.63	0.8	0.34		0.8	-0.51	-0.5
Short Term Debt	0.76	0.82	0.54	0.96	-0.19	0.23	-0.76	0.71	0.9	0.38	-0.34	-0.46	0.12	0.89	0.24	-0.26	0.5	0.72	-0.04	-0.49	0.94	0.14	0.8		-0.42	-0.55
Intangible Assets	-0.45	-0.53	-0.66	-0.5	0.16	-0.6	0.51	-0.49	-0.52	-0.29	0.46	0.6	0.28	-0.46	-0.83	0.66	-0.59	-0.67	-0.43	0.68	-0.59	-0.61	-0.51	-0.42		0.39
Other Liab	-0.47	-0.61	0.08	-0.57	0.24	-0.24	0.23	-0.68	-0.59	-0.03	0.69	0.8	-0.24	-0.44	-0.54	-0.18	-0.61	-0.41	-0.26	0.87	-0.66	-0.23	-0.5	-0.55	0.39

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Harris Technology Account Relationship Matchups

Harris Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5M	18.3M	17.3M	9.7M	7.3M	6.5M
Short Long Term Debt Total	5.8M	2.4M	4.7M	3.8M	3.2M	2.7M
Other Current Liab	66.0K	104.0K	907.1K	254.1K	303.5K	303.7K
Total Current Liabilities	4.4M	10.5M	9.5M	3.4M	2.9M	3.9M
Total Stockholder Equity	(3.9M)	7.7M	6.3M	3.0M	1.6M	911.4K
Property Plant And Equipment Net	198.5K	181.1K	1.7M	1.5M	1.4M	1.4M
Current Deferred Revenue	318.4K	287.1K	156.0K	(690.2K)	303.9K	319.1K
Net Debt	4.7M	(815.1K)	2.3M	2.0M	2.2M	1.2M
Accounts Payable	3.1M	7.7M	5.2M	2.6M	2.2M	2.2M
Cash	1.2M	3.3M	2.4M	1.8M	974.3K	1.1M
Non Current Assets Total	198.5K	964.5K	2.5M	1.5M	1.4M	1.3M
Non Currrent Assets Other	(401.6K)	(198.5K)	(1.0)	(1.5M)	9.5K	10.0K
Cash And Short Term Investments	1.2M	3.3M	2.4M	1.8M	974.3K	1.3M
Net Receivables	736.5K	3.1M	2.4M	1.4M	1.1M	1.3M
Common Stock Shares Outstanding	191.1M	245.4M	298.0M	299.1M	344.0M	361.2M
Liabilities And Stockholders Equity	5.5M	18.3M	17.3M	9.7M	7.3M	6.5M
Non Current Liabilities Total	4.9M	139.8K	1.6M	3.3M	2.8M	1.8M
Inventory	3.3M	10.8M	9.8M	4.7M	3.3M	3.5M
Other Current Assets	36.8K	154.4K	284.4K	234.2K	552.6K	580.2K
Other Stockholder Equity	(600.0)	(7.6M)	(6.3M)	(3.0M)	(2.7M)	(2.6M)
Total Liab	9.4M	10.6M	11.0M	6.7M	5.7M	5.2M
Property Plant And Equipment Gross	198.5K	307.8K	1.8M	1.8M	1.8M	1.9M
Total Current Assets	5.3M	17.3M	14.9M	8.2M	5.9M	4.8M
Short Term Debt	918.3K	2.4M	3.2M	568.8K	466.1K	442.8K
Other Liab	12.0K	43.0K	64.9K	111.6K	100.4K	62.1K
Retained Earnings	(11.7M)	(10.0M)	(11.3M)	(14.6M)	(16.0M)	(16.8M)
Long Term Debt	3.7M	4.8M	0.0	1.8M	1.4M	1.9M
Common Stock	7.7M	7.8M	17.6M	17.6M	20.2M	19.5M
Property Plant Equipment	198.5K	181.1K	1.7M	1.5M	1.4M	1.4M
Long Term Debt Total	4.9M	96.8K	1.5M	1.4M	1.3M	2.2M
Net Tangible Assets	(3.9M)	7.7M	6.3M	3.0M	3.4M	3.6M
Short Long Term Debt	867.7K	2.3M	3.1M	2.3M	333.3K	316.6K
Capital Lease Obligations	205.9K	180.6K	1.6M	1.5M	1.4M	725.8K
Net Invested Capital	1.7M	7.7M	9.4M	5.2M	3.3M	5.0M

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