L3Harris Long Term Debt Total vs Short Long Term Debt Analysis

LHX Stock  USD 248.16  1.56  0.63%   
L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Long Term Debt Total and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Long Term Debt Total vs Short Long Term Debt

Long Term Debt Total vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Long Term Debt Total account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between L3Harris Technologies' Long Term Debt Total and Short Long Term Debt is 0.61. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Long Term Debt Total and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of L3Harris Technologies are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt Total i.e., L3Harris Technologies' Long Term Debt Total and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Selling General Administrative is likely to drop to about 1.5 B in 2024. Discontinued Operations is likely to drop to about (1.2 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit5.4B4.9B5.1B5.4B
Total Revenue17.8B17.1B19.4B20.4B

L3Harris Technologies fundamental ratios Correlations

0.930.930.930.980.990.910.910.661.00.670.670.920.840.960.880.60.970.970.990.620.990.960.820.870.84
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0.930.950.940.870.950.940.880.520.930.740.530.890.690.950.880.570.850.960.950.690.920.930.870.890.68
0.930.980.940.850.950.980.940.410.920.770.420.830.640.930.910.720.820.970.950.840.90.970.950.920.66
0.980.840.870.850.970.810.880.730.980.540.740.90.910.890.80.581.00.890.960.480.980.920.750.80.87
0.990.940.950.950.970.920.940.60.990.680.610.920.820.950.880.640.950.970.990.670.990.970.870.880.79
0.911.00.940.980.810.920.890.350.90.820.360.850.580.950.910.60.780.980.920.860.890.920.880.880.63
0.910.90.880.940.880.940.890.520.910.660.530.820.690.870.840.70.840.910.940.690.890.970.910.940.75
0.660.410.520.410.730.60.350.520.660.141.00.550.710.570.470.310.750.520.62-0.070.650.550.370.560.86
1.00.920.930.920.980.990.90.910.660.660.670.920.850.960.870.590.970.960.980.610.990.950.810.860.84
0.670.810.740.770.540.680.820.660.140.660.160.610.390.760.720.440.530.780.670.790.640.680.70.690.37
0.670.420.530.420.740.610.360.531.00.670.160.560.720.580.480.310.760.540.64-0.060.670.560.390.570.86
0.920.860.890.830.90.920.850.820.550.920.610.560.780.90.720.290.890.890.90.540.940.840.670.780.73
0.840.620.690.640.910.820.580.690.710.850.390.720.780.710.560.450.920.70.790.260.860.750.560.560.77
0.960.970.950.930.890.950.950.870.570.960.760.580.90.710.90.520.880.990.950.690.950.920.80.870.78
0.880.920.880.910.80.880.910.840.470.870.720.480.720.560.90.670.780.920.90.750.850.870.820.840.72
0.60.60.570.720.580.640.60.70.310.590.440.310.290.450.520.670.550.60.660.60.560.740.830.650.45
0.970.810.850.821.00.950.780.840.750.970.530.760.890.920.880.780.550.880.940.450.980.890.720.770.88
0.970.990.960.970.890.970.980.910.520.960.780.540.890.70.990.920.60.880.970.750.950.950.870.90.75
0.990.940.950.950.960.990.920.940.620.980.670.640.90.790.950.90.660.940.970.660.980.970.880.910.81
0.620.840.690.840.480.670.860.69-0.070.610.79-0.060.540.260.690.750.60.450.750.660.60.710.80.690.26
0.990.910.920.90.980.990.890.890.650.990.640.670.940.860.950.850.560.980.950.980.60.930.790.830.83
0.960.940.930.970.920.970.920.970.550.950.680.560.840.750.920.870.740.890.950.970.710.930.940.930.75
0.820.880.870.950.750.870.880.910.370.810.70.390.670.560.80.820.830.720.870.880.80.790.940.920.54
0.870.90.890.920.80.880.880.940.560.860.690.570.780.560.870.840.650.770.90.910.690.830.930.920.71
0.840.670.680.660.870.790.630.750.860.840.370.860.730.770.780.720.450.880.750.810.260.830.750.540.71
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B37.0B34.7B33.5B41.7B43.8B
Short Long Term Debt Total7.9B7.7B7.8B7.8B14.0B14.6B
Other Current Liab1.1B1.5B1.4B1.2B1.8B1.9B
Total Current Liabilities4.0B4.2B4.6B5.8B8.0B8.4B
Total Stockholder Equity22.6B20.7B19.2B18.5B18.8B19.7B
Property Plant And Equipment Net3.0B2.9B2.9B2.9B3.6B3.8B
Net Debt7.0B6.4B6.9B6.9B13.4B14.1B
Retained Earnings2.2B2.3B2.9B2.9B3.2B3.4B
Cash824M1.3B941M880M560M376.4M
Non Current Assets Total32.0B30.3B28.4B26.8B33.6B35.3B
Non Currrent Assets Other507M519M565M552M1.4B1.5B
Cash And Short Term Investments824M1.3B941M880M560M402.6M
Net Receivables3.9B4.1B4.2B1.3B4.4B4.6B
Common Stock Shares Outstanding223.7M215.9M203.2M193.5M190.6M164.6M
Liabilities And Stockholders Equity38.3B37.0B34.7B33.5B41.7B43.8B
Non Current Liabilities Total11.6B11.9B10.8B9.1B14.9B15.6B
Inventory1.2B973M982M1.3B1.5B1.5B
Other Current Assets392M342M272M3.3B1.5B1.5B
Other Stockholder Equity20.7B19.0B16.2B15.7B15.6B16.3B
Total Liab15.6B16.1B15.4B14.9B22.9B24.0B
Total Current Assets6.3B6.7B6.4B6.8B7.9B8.3B
Short Term Debt389M126M13M820M2.1B2.2B
Intangible Assets8.5B7.9B6.6B6.0B8.5B9.0B
Accounts Payable1.3B1.4B1.8B1.9B2.1B2.2B
Property Plant And Equipment Gross894M2.9B2.9B5.1B5.3B5.6B
Accumulated Other Comprehensive Income(508M)(839M)(146M)(288M)(198M)(207.9M)
Common Stock Total Equity120M118M119M208M239.2M251.2M
Common Stock218M208M194M191M190M135.4M
Good Will20.0B18.9B18.2B17.3B20.0B21.0B
Current Deferred Revenue1.2B1.2B1.3B1.4B1.9B2.0B
Net Tangible Assets(3.1B)(2.8B)(6.1B)(5.6B)(5.1B)(4.8B)
Retained Earnings Total Equity1.3B1.7B2.2B2.3B2.7B1.7B
Long Term Debt Total3.4B2.8B6.9B7.0B8.1B8.5B
Capital Surpluse1.7B1.8B19.0B16.2B18.7B19.6B
Deferred Long Term Liab90M12M1.2B26M29.9M28.4M
Non Current Liabilities Other537M3.7B1.1B1.2B2.9B3.0B
Property Plant Equipment900M894M2.1B2.9B3.3B3.5B
Other Liab1.3B1.7B5.4B3.0B3.5B2.9B

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