Harris Other Liab 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 Other Liab 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.

Other Liab vs Short Long Term Debt Total

Other Liab 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 Other Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Harris Technology's Other Liab and Short Long Term Debt Total is -0.61. Overlapping area represents the amount of variation of Other Liab 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 Other Liab 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 Other Liab 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 Other Liab i.e., Harris Technology's Other Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Other Liab

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 Revenue45.6M22.7M11.8M11.9M
Total Revenue50.3M24.2M16.7M13.9M

Harris Technology fundamental ratios Correlations

0.420.310.870.420.43-0.380.260.890.72-0.06-0.490.530.780.43-0.120.150.910.25-0.590.760.370.990.76-0.45-0.47
0.420.590.74-0.610.24-0.80.940.650.08-0.61-0.57-0.230.670.33-0.370.860.42-0.02-0.490.880.180.470.82-0.53-0.61
0.310.590.53-0.330.33-0.80.430.460.34-0.05-0.08-0.50.50.31-0.920.440.470.09-0.060.570.290.330.54-0.660.08
0.870.740.53-0.050.28-0.70.610.980.51-0.31-0.50.220.930.34-0.280.440.830.08-0.550.950.210.90.96-0.5-0.57
0.42-0.61-0.33-0.050.190.53-0.720.030.510.580.150.68-0.080.060.29-0.730.330.240.0-0.280.20.34-0.190.160.24
0.430.240.330.280.19-0.20.270.250.120.09-0.54-0.060.320.79-0.240.290.470.78-0.560.310.990.390.23-0.6-0.24
-0.38-0.8-0.8-0.70.53-0.2-0.72-0.63-0.260.370.370.29-0.75-0.160.61-0.66-0.40.080.22-0.78-0.14-0.44-0.760.510.23
0.260.940.430.61-0.720.27-0.720.53-0.17-0.68-0.65-0.310.610.35-0.230.920.290.02-0.550.790.210.340.71-0.49-0.68
0.890.650.460.980.030.25-0.630.530.56-0.32-0.530.270.90.39-0.270.390.870.11-0.60.920.190.930.9-0.52-0.59
0.720.080.340.510.510.12-0.26-0.170.560.16-0.10.570.380.17-0.32-0.080.610.06-0.170.40.080.670.38-0.29-0.03
-0.06-0.61-0.05-0.310.580.090.37-0.68-0.320.160.610.11-0.31-0.320.01-0.71-0.130.070.59-0.480.06-0.18-0.340.460.69
-0.49-0.57-0.08-0.50.15-0.540.37-0.65-0.53-0.10.61-0.16-0.51-0.67-0.03-0.69-0.47-0.320.89-0.63-0.52-0.54-0.460.60.8
0.53-0.23-0.50.220.68-0.060.29-0.310.270.570.11-0.160.17-0.10.59-0.330.250.0-0.210.08-0.080.480.120.28-0.24
0.780.670.50.93-0.080.32-0.750.610.90.38-0.31-0.510.170.26-0.20.420.740.08-0.490.890.250.840.89-0.46-0.44
0.430.330.310.340.060.79-0.160.350.390.17-0.32-0.67-0.10.26-0.360.430.560.79-0.820.410.830.430.24-0.83-0.54
-0.12-0.37-0.92-0.280.29-0.240.61-0.23-0.27-0.320.01-0.030.59-0.2-0.36-0.34-0.34-0.13-0.01-0.33-0.24-0.13-0.260.66-0.18
0.150.860.440.44-0.730.29-0.660.920.39-0.08-0.71-0.69-0.330.420.43-0.340.180.07-0.540.690.250.220.5-0.59-0.61
0.910.420.470.830.330.47-0.40.290.870.61-0.13-0.470.250.740.56-0.340.180.25-0.620.730.430.940.72-0.67-0.41
0.25-0.020.090.080.240.780.080.020.110.060.07-0.320.00.080.79-0.130.070.25-0.50.080.850.2-0.04-0.43-0.26
-0.59-0.49-0.06-0.550.0-0.560.22-0.55-0.6-0.170.590.89-0.21-0.49-0.82-0.01-0.54-0.62-0.5-0.63-0.57-0.63-0.490.680.87
0.760.880.570.95-0.280.31-0.780.790.920.4-0.48-0.630.080.890.41-0.330.690.730.08-0.630.240.80.94-0.59-0.66
0.370.180.290.210.20.99-0.140.210.190.080.06-0.52-0.080.250.83-0.240.250.430.85-0.570.240.340.14-0.61-0.23
0.990.470.330.90.340.39-0.440.340.930.67-0.18-0.540.480.840.43-0.130.220.940.2-0.630.80.340.8-0.51-0.5
0.760.820.540.96-0.190.23-0.760.710.90.38-0.34-0.460.120.890.24-0.260.50.72-0.04-0.490.940.140.8-0.42-0.55
-0.45-0.53-0.66-0.50.16-0.60.51-0.49-0.52-0.290.460.60.28-0.46-0.830.66-0.59-0.67-0.430.68-0.59-0.61-0.51-0.420.39
-0.47-0.610.08-0.570.24-0.240.23-0.68-0.59-0.030.690.8-0.24-0.44-0.54-0.18-0.61-0.41-0.260.87-0.66-0.23-0.5-0.550.39
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Harris Technology Account Relationship Matchups

Harris Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5M18.3M17.3M9.7M7.3M6.5M
Short Long Term Debt Total5.8M2.4M4.7M3.8M3.2M2.7M
Other Current Liab66.0K104.0K907.1K254.1K303.5K303.7K
Total Current Liabilities4.4M10.5M9.5M3.4M2.9M3.9M
Total Stockholder Equity(3.9M)7.7M6.3M3.0M1.6M911.4K
Property Plant And Equipment Net198.5K181.1K1.7M1.5M1.4M1.4M
Current Deferred Revenue318.4K287.1K156.0K(690.2K)303.9K319.1K
Net Debt4.7M(815.1K)2.3M2.0M2.2M1.2M
Accounts Payable3.1M7.7M5.2M2.6M2.2M2.2M
Cash1.2M3.3M2.4M1.8M974.3K1.1M
Non Current Assets Total198.5K964.5K2.5M1.5M1.4M1.3M
Non Currrent Assets Other(401.6K)(198.5K)(1.0)(1.5M)9.5K10.0K
Cash And Short Term Investments1.2M3.3M2.4M1.8M974.3K1.3M
Net Receivables736.5K3.1M2.4M1.4M1.1M1.3M
Common Stock Shares Outstanding191.1M245.4M298.0M299.1M344.0M361.2M
Liabilities And Stockholders Equity5.5M18.3M17.3M9.7M7.3M6.5M
Non Current Liabilities Total4.9M139.8K1.6M3.3M2.8M1.8M
Inventory3.3M10.8M9.8M4.7M3.3M3.5M
Other Current Assets36.8K154.4K284.4K234.2K552.6K580.2K
Other Stockholder Equity(600.0)(7.6M)(6.3M)(3.0M)(2.7M)(2.6M)
Total Liab9.4M10.6M11.0M6.7M5.7M5.2M
Property Plant And Equipment Gross198.5K307.8K1.8M1.8M1.8M1.9M
Total Current Assets5.3M17.3M14.9M8.2M5.9M4.8M
Short Term Debt918.3K2.4M3.2M568.8K466.1K442.8K
Other Liab12.0K43.0K64.9K111.6K100.4K62.1K
Retained Earnings(11.7M)(10.0M)(11.3M)(14.6M)(16.0M)(16.8M)
Long Term Debt3.7M4.8M0.01.8M1.4M1.9M
Common Stock7.7M7.8M17.6M17.6M20.2M19.5M
Property Plant Equipment198.5K181.1K1.7M1.5M1.4M1.4M
Long Term Debt Total4.9M96.8K1.5M1.4M1.3M2.2M
Net Tangible Assets(3.9M)7.7M6.3M3.0M3.4M3.6M
Short Long Term Debt867.7K2.3M3.1M2.3M333.3K316.6K
Capital Lease Obligations205.9K180.6K1.6M1.5M1.4M725.8K
Net Invested Capital1.7M7.7M9.4M5.2M3.3M5.0M

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