Huntsman Total Other Income Expense Net vs Depreciation And Amortization Analysis

HUN Stock  USD 19.73  0.11  0.56%   
Huntsman financial indicator trend analysis is much more than just examining Huntsman latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntsman is a good investment. Please check the relationship between Huntsman Total Other Income Expense Net and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.

Total Other Income Expense Net vs Depreciation And Amortization

Total Other Income Expense Net vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntsman Total Other Income Expense Net account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Huntsman's Total Other Income Expense Net and Depreciation And Amortization is -0.26. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Huntsman, assuming nothing else is changed. The correlation between historical values of Huntsman's Total Other Income Expense Net and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Huntsman are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Other Income Expense Net i.e., Huntsman's Total Other Income Expense Net and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Huntsman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntsman 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 Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.At this time, Huntsman's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 94.7 M, while Discontinued Operations is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue6.7B6.5B5.2B5.9B
EBITDA1.6B1.1B442M419.9M

Huntsman fundamental ratios Correlations

0.480.370.530.50.840.640.750.370.00.920.40.80.160.330.540.40.760.03-0.130.620.750.240.850.790.34
0.48-0.430.620.440.540.40.570.62-0.640.48-0.150.21-0.19-0.030.66-0.150.71-0.62-0.560.680.560.070.670.73-0.5
0.37-0.43-0.49-0.060.30.25-0.17-0.640.760.320.680.470.580.57-0.50.68-0.140.780.7-0.41-0.080.050.29-0.230.65
0.530.62-0.490.320.260.340.90.96-0.640.56-0.170.42-0.34-0.160.99-0.170.83-0.59-0.670.980.840.210.40.9-0.08
0.50.44-0.060.320.60.330.460.32-0.370.39-0.140.210.040.170.38-0.140.49-0.44-0.490.440.310.60.520.59-0.1
0.840.540.30.260.60.470.460.16-0.060.690.30.450.150.110.280.30.59-0.08-0.190.350.50.010.810.620.04
0.640.40.250.340.330.470.510.16-0.030.560.560.580.050.540.310.560.450.02-0.020.440.350.370.710.52-0.02
0.750.57-0.170.90.460.460.510.84-0.460.78-0.050.61-0.290.10.91-0.050.93-0.41-0.530.940.910.340.620.930.16
0.370.62-0.640.960.320.160.160.84-0.70.42-0.440.28-0.42-0.290.97-0.440.76-0.68-0.720.930.750.180.280.82-0.15
0.0-0.640.76-0.64-0.37-0.06-0.03-0.46-0.70.00.480.270.460.39-0.640.48-0.550.980.89-0.62-0.430.0-0.15-0.560.66
0.920.480.320.560.390.690.560.780.420.00.320.80.070.40.580.320.810.05-0.110.640.840.330.780.750.42
0.4-0.150.68-0.17-0.140.30.56-0.05-0.440.480.320.410.380.51-0.231.0-0.020.550.43-0.130.030.020.32-0.010.28
0.80.210.470.420.210.450.580.610.280.270.80.410.470.460.420.410.510.310.260.50.570.320.680.550.5
0.16-0.190.58-0.340.040.150.05-0.29-0.420.460.070.380.470.24-0.350.38-0.240.430.6-0.28-0.21-0.010.24-0.180.16
0.33-0.030.57-0.160.170.110.540.1-0.290.390.40.510.460.24-0.130.510.050.430.37-0.030.050.60.360.020.45
0.540.66-0.50.990.380.280.310.910.97-0.640.58-0.230.42-0.35-0.13-0.230.84-0.6-0.690.990.840.260.410.91-0.06
0.4-0.150.68-0.17-0.140.30.56-0.05-0.440.480.321.00.410.380.51-0.23-0.020.550.43-0.130.030.020.32-0.010.28
0.760.71-0.140.830.490.590.450.930.76-0.550.81-0.020.51-0.240.050.84-0.02-0.49-0.570.870.940.210.730.930.01
0.03-0.620.78-0.59-0.44-0.080.02-0.41-0.680.980.050.550.310.430.43-0.60.55-0.490.89-0.58-0.36-0.02-0.11-0.540.68
-0.13-0.560.7-0.67-0.49-0.19-0.02-0.53-0.720.89-0.110.430.260.60.37-0.690.43-0.570.89-0.65-0.5-0.15-0.08-0.640.41
0.620.68-0.410.980.440.350.440.940.93-0.620.64-0.130.5-0.28-0.030.99-0.130.87-0.58-0.650.850.320.510.95-0.06
0.750.56-0.080.840.310.50.350.910.75-0.430.840.030.57-0.210.050.840.030.94-0.36-0.50.850.150.60.880.21
0.240.070.050.210.60.010.370.340.180.00.330.020.32-0.010.60.260.020.21-0.02-0.150.320.150.170.280.29
0.850.670.290.40.520.810.710.620.28-0.150.780.320.680.240.360.410.320.73-0.11-0.080.510.60.170.69-0.03
0.790.73-0.230.90.590.620.520.930.82-0.560.75-0.010.55-0.180.020.91-0.010.93-0.54-0.640.950.880.280.69-0.04
0.34-0.50.65-0.08-0.10.04-0.020.16-0.150.660.420.280.50.160.45-0.060.280.010.680.41-0.060.210.29-0.03-0.04
Click cells to compare fundamentals

Huntsman Account Relationship Matchups

Huntsman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B8.7B9.4B8.2B7.2B8.9B
Common Stock Shares Outstanding230.6M221.9M221.4M203M177.4M240.6M
Liabilities And Stockholders Equity8.3B8.7B9.4B8.2B7.2B8.9B
Total Stockholder Equity2.7B3.5B4.4B3.6B3.3B2.0B
Short Long Term Debt Total2.4B2.1B1.6B1.7B2.1B2.8B
Other Current Liab974M329M674M511M233M221.4M
Total Current Liabilities2.0B2.0B2.1B1.7B1.2B2.1B
Other Liab927M2.2B1.2B672M772.8M1.2B
Property Plant And Equipment Net2.4B2.5B2.6B2.4B2.7B2.8B
Net Debt1.9B528M509M1.1B1.5B2.4B
Retained Earnings690M1.6B2.4B2.7B2.6B2.8B
Accounts Payable961M822M876M1.1B719M1.0B
Cash525M1.6B1.0B654M540M628.5M
Non Current Assets Total5.8B5.1B5.5B5.1B4.9B5.6B
Non Currrent Assets Other2.1B961M1.1B1.1B611M691.2M
Other Assets778M1.7B3.1B833M958.0M1.0B
Long Term Debt2.2B1.5B1.5B1.7B1.7B2.7B
Cash And Short Term Investments525M1.6B1.0B654M540M628.5M
Net Receivables953M910M1.0B834M753M972.9M
Good Will276M533M650M641M644M676.2M
Non Current Liabilities Total3.5B3.1B2.8B2.7B2.6B3.7B
Inventory914M848M1.2B995M867M1.0B
Other Current Assets155M217M834M662M154M146.3M
Other Stockholder Equity3.4B3.3B3.1B2.2B1.9B3.0B
Total Liab5.5B5.0B4.8B4.4B3.8B5.2B
Property Plant And Equipment Gross2.8B3.0B6.7B6.4B6.7B4.5B
Total Current Assets2.5B3.6B3.9B3.1B2.3B3.8B
Accumulated Other Comprehensive Income(1.3B)(1.4B)(1.3B)(1.2B)(1.2B)(1.2B)
Intangible Assets197M453M469M425M387M217.8M
Property Plant Equipment2.4B2.5B2.6B2.4B2.1B2.9B
Noncontrolling Interest In Consolidated Entity137M154M181M216M248.4M199.4M
Retained Earnings Total Equity690M1.6B2.4B2.7B3.1B3.3B
Deferred Long Term Liab296M29M250M161M287.5M232.3M
Treasury Stock(427M)(635M)(731M)(934M)(840.6M)(798.6M)

Pair Trading with Huntsman

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Huntsman position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Huntsman will appreciate offsetting losses from the drop in the long position's value.

Moving together with Huntsman Stock

  0.87CE CelanesePairCorr

Moving against Huntsman Stock

  0.64WLKP Westlake ChemicalPairCorr
  0.49CMC Commercial MetalsPairCorr
  0.46RS Reliance Steel AluminumPairCorr
The ability to find closely correlated positions to Huntsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huntsman when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Huntsman - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Huntsman to buy it.
The correlation of Huntsman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huntsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Huntsman can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Huntsman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntsman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huntsman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntsman Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntsman. If investors know Huntsman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.206
Dividend Share
0.988
Earnings Share
(0.60)
Revenue Per Share
34.793
Quarterly Revenue Growth
0.023
The market value of Huntsman is measured differently than its book value, which is the value of Huntsman that is recorded on the company's balance sheet. Investors also form their own opinion of Huntsman's value that differs from its market value or its book value, called intrinsic value, which is Huntsman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntsman's market value can be influenced by many factors that don't directly affect Huntsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntsman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.