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 Direction | Negative |
Relationship Strength | Weak |
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 Revenue | 45.6M | 22.7M | 11.8M | 11.9M | Total Revenue | 50.3M | 24.2M | 16.7M | 13.9M |
Harris Technology fundamental ratios Correlations
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Harris Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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