L3Harris Net Interest Income vs Interest Expense Analysis

LHX Stock

USD 197.61 2.39 1.19%

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 Net Interest Income and its Interest Expense 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.

Net Interest Income vs Interest Expense

Net Interest Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Net Interest Income account and Interest Expense. At this time, the significance of the direction appears to have pay attention.

The correlation between L3Harris Technologies' Net Interest Income and Interest Expense is -0.95. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Interest Expense 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' Net Interest Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of L3Harris Technologies are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Interest Income i.e., L3Harris Technologies' Net Interest Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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.At this time, L3Harris Technologies' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 14.16 in 2025, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	4.9B	5.1B	5.9B	6.2B
Total Revenue	17.1B	19.4B	22.3B	23.4B

Gross Profit Total Revenue

L3Harris Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.95	0.94	0.98	0.99	0.93	0.93	0.59	1.0	0.75	0.6	0.94	0.84	0.97	0.91	0.69	0.97	0.97	0.99	0.73	1.0	0.97	0.87	0.89	0.83
Short Long Term Debt Total	0.94		0.97	0.99	0.85	0.96	1.0	0.93	0.35	0.93	0.87	0.36	0.9	0.65	0.98	0.95	0.7	0.82	0.99	0.96	0.9	0.92	0.95	0.92	0.89	0.68
Other Current Liab	0.95	0.97		0.96	0.88	0.96	0.96	0.92	0.44	0.94	0.82	0.45	0.92	0.71	0.96	0.92	0.67	0.86	0.97	0.97	0.8	0.94	0.95	0.91	0.9	0.69
Total Current Liabilities	0.94	0.99	0.96		0.86	0.96	0.98	0.96	0.35	0.93	0.85	0.36	0.87	0.67	0.95	0.94	0.78	0.83	0.98	0.97	0.9	0.92	0.98	0.97	0.91	0.67
Total Stockholder Equity	0.98	0.85	0.88	0.86		0.96	0.83	0.89	0.68	0.98	0.63	0.7	0.91	0.9	0.91	0.83	0.65	1.0	0.9	0.95	0.59	0.98	0.92	0.79	0.84	0.86
Property Plant And Equipment Net	0.99	0.96	0.96	0.96	0.96		0.94	0.95	0.53	0.99	0.77	0.54	0.94	0.82	0.96	0.91	0.72	0.95	0.98	0.99	0.77	0.99	0.98	0.9	0.9	0.79
Net Debt	0.93	1.0	0.96	0.98	0.83	0.94		0.93	0.3	0.92	0.88	0.31	0.89	0.63	0.97	0.94	0.69	0.8	0.98	0.94	0.91	0.91	0.94	0.92	0.87	0.65
Retained Earnings	0.93	0.93	0.92	0.96	0.89	0.95	0.93		0.44	0.93	0.77	0.45	0.87	0.71	0.91	0.89	0.76	0.86	0.94	0.96	0.8	0.91	0.98	0.94	0.94	0.74
Cash	0.59	0.35	0.44	0.35	0.68	0.53	0.3	0.44		0.6	0.14	1.0	0.49	0.69	0.5	0.4	0.28	0.71	0.45	0.54	-0.03	0.59	0.48	0.33	0.57	0.82
Non Current Assets Total	1.0	0.93	0.94	0.93	0.98	0.99	0.92	0.93	0.6		0.75	0.61	0.94	0.84	0.97	0.9	0.68	0.97	0.97	0.98	0.71	1.0	0.96	0.85	0.88	0.83
Non Currrent Assets Other	0.75	0.87	0.82	0.85	0.63	0.77	0.88	0.77	0.14	0.75		0.15	0.72	0.48	0.83	0.81	0.58	0.61	0.85	0.78	0.86	0.73	0.78	0.8	0.73	0.46
Cash And Short Term Investments	0.6	0.36	0.45	0.36	0.7	0.54	0.31	0.45	1.0	0.61	0.15		0.5	0.69	0.51	0.41	0.29	0.72	0.47	0.55	-0.02	0.6	0.49	0.34	0.58	0.82
Net Receivables	0.94	0.9	0.92	0.87	0.91	0.94	0.89	0.87	0.49	0.94	0.72	0.5		0.79	0.93	0.8	0.45	0.9	0.92	0.92	0.68	0.95	0.88	0.76	0.81	0.74
Common Stock Shares Outstanding	0.84	0.65	0.71	0.67	0.9	0.82	0.63	0.71	0.69	0.84	0.48	0.69	0.79		0.73	0.6	0.51	0.92	0.72	0.79	0.39	0.86	0.76	0.62	0.62	0.8
Non Current Liabilities Total	0.97	0.98	0.96	0.95	0.91	0.96	0.97	0.91	0.5	0.97	0.83	0.51	0.93	0.73		0.93	0.63	0.89	0.99	0.96	0.79	0.96	0.94	0.86	0.89	0.77
Inventory	0.91	0.95	0.92	0.94	0.83	0.91	0.94	0.89	0.4	0.9	0.81	0.41	0.8	0.6	0.93		0.75	0.8	0.95	0.93	0.84	0.88	0.91	0.88	0.86	0.71
Other Current Assets	0.69	0.7	0.67	0.78	0.65	0.72	0.69	0.76	0.28	0.68	0.58	0.29	0.45	0.51	0.63	0.75		0.62	0.69	0.74	0.7	0.65	0.8	0.87	0.72	0.5
Other Stockholder Equity	0.97	0.82	0.86	0.83	1.0	0.95	0.8	0.86	0.71	0.97	0.61	0.72	0.9	0.92	0.89	0.8	0.62		0.88	0.93	0.55	0.98	0.9	0.76	0.81	0.87
Total Liab	0.97	0.99	0.97	0.98	0.9	0.98	0.98	0.94	0.45	0.97	0.85	0.47	0.92	0.72	0.99	0.95	0.69	0.88		0.98	0.84	0.96	0.96	0.91	0.91	0.75
Total Current Assets	0.99	0.96	0.97	0.97	0.95	0.99	0.94	0.96	0.54	0.98	0.78	0.55	0.92	0.79	0.96	0.93	0.74	0.93	0.98		0.77	0.98	0.98	0.92	0.92	0.79
Short Term Debt	0.73	0.9	0.8	0.9	0.59	0.77	0.91	0.8	-0.03	0.71	0.86	-0.02	0.68	0.39	0.79	0.84	0.7	0.55	0.84	0.77		0.7	0.8	0.87	0.71	0.39
Intangible Assets	1.0	0.92	0.94	0.92	0.98	0.99	0.91	0.91	0.59	1.0	0.73	0.6	0.95	0.86	0.96	0.88	0.65	0.98	0.96	0.98	0.7		0.95	0.84	0.86	0.82
Accounts Payable	0.97	0.95	0.95	0.98	0.92	0.98	0.94	0.98	0.48	0.96	0.78	0.49	0.88	0.76	0.94	0.91	0.8	0.9	0.96	0.98	0.8	0.95		0.95	0.94	0.75
Property Plant And Equipment Gross	0.87	0.92	0.91	0.97	0.79	0.9	0.92	0.94	0.33	0.85	0.8	0.34	0.76	0.62	0.86	0.88	0.87	0.76	0.91	0.92	0.87	0.84	0.95		0.91	0.59
Common Stock Total Equity	0.89	0.89	0.9	0.91	0.84	0.9	0.87	0.94	0.57	0.88	0.73	0.58	0.81	0.62	0.89	0.86	0.72	0.81	0.91	0.92	0.71	0.86	0.94	0.91		0.75
Common Stock	0.83	0.68	0.69	0.67	0.86	0.79	0.65	0.74	0.82	0.83	0.46	0.82	0.74	0.8	0.77	0.71	0.5	0.87	0.75	0.79	0.39	0.82	0.75	0.59	0.75

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L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	37.0B	34.7B	33.5B	41.7B	47.9B	50.3B
Short Long Term Debt Total	7.7B	7.8B	7.8B	14.0B	16.0B	16.8B
Other Current Liab	1.5B	1.4B	1.2B	1.8B	2.1B	2.2B
Total Current Liabilities	4.2B	4.6B	5.8B	8.0B	9.2B	9.7B
Total Stockholder Equity	20.7B	19.2B	18.5B	18.8B	21.6B	22.7B
Property Plant And Equipment Net	2.9B	2.9B	2.9B	3.6B	4.1B	4.4B
Net Debt	6.4B	6.9B	6.9B	13.4B	15.4B	16.2B
Retained Earnings	2.3B	2.9B	2.9B	3.2B	3.7B	3.9B
Cash	1.3B	941M	880M	560M	644M	376.4M
Non Current Assets Total	30.3B	28.4B	26.8B	33.6B	38.7B	40.6B
Non Currrent Assets Other	519M	565M	552M	1.4B	1.6B	1.7B
Cash And Short Term Investments	1.3B	941M	880M	560M	644M	402.6M
Net Receivables	4.1B	4.2B	1.3B	4.4B	5.1B	5.3B
Common Stock Shares Outstanding	215.9M	203.2M	193.5M	190.6M	219.2M	164.6M
Liabilities And Stockholders Equity	37.0B	34.7B	33.5B	41.7B	47.9B	50.3B
Non Current Liabilities Total	11.9B	10.8B	9.1B	14.9B	17.1B	17.9B
Inventory	973M	982M	1.3B	1.5B	1.7B	1.8B
Other Current Assets	342M	272M	3.3B	1.6B	1.8B	1.9B
Other Stockholder Equity	19.0B	16.2B	15.7B	15.6B	17.9B	18.8B
Total Liab	16.1B	15.4B	14.9B	22.9B	26.3B	27.6B
Total Current Assets	6.7B	6.4B	6.8B	8.1B	9.3B	9.7B
Short Term Debt	126M	13M	820M	2.1B	2.4B	2.5B
Intangible Assets	7.9B	6.6B	6.0B	8.5B	9.8B	10.3B
Accounts Payable	1.4B	1.8B	1.9B	2.1B	2.4B	2.5B
Property Plant And Equipment Gross	2.9B	2.9B	5.1B	5.3B	6.1B	6.4B
Accumulated Other Comprehensive Income	(839M)	(146M)	(288M)	(198M)	(227.7M)	(239.1M)
Common Stock	208M	194M	191M	190M	218.5M	135.4M
Good Will	18.9B	18.2B	17.3B	20.0B	23.0B	24.1B
Current Deferred Revenue	1.2B	1.3B	1.4B	1.9B	2.2B	2.3B
Net Tangible Assets	(3.1B)	(2.8B)	(6.1B)	(5.6B)	(5.1B)	(4.8B)
Long Term Debt Total	3.4B	2.8B	6.9B	7.0B	8.1B	8.5B
Capital Surpluse	1.7B	1.8B	19.0B	16.2B	18.7B	19.6B
Deferred Long Term Liab	90M	12M	1.2B	26M	29.9M	28.4M
Non Current Liabilities Other	3.7B	1.1B	1.2B	2.9B	3.3B	3.5B
Property Plant Equipment	900M	894M	2.1B	2.9B	3.3B	3.5B
Other Liab	1.3B	1.7B	5.4B	3.0B	3.5B	2.9B

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L3Harris Net Interest Income vs Interest Expense Analysis

Net Interest Income vs Interest Expense

Net Interest Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Net Interest Income

Interest Expense

L3Harris Technologies fundamental ratios Correlations

L3Harris Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

L3Harris Technologies fundamental ratios Accounts

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Additional Tools for L3Harris Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total

Short Term Debt	- 0.03	Cash
Short Term Debt	- 0.02	Cash And Short Term Investments