L3Harris Payout Ratio vs Capex To Depreciation Analysis

LHX Stock

USD 246.60 0.00 0.00%

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 Payout Ratio and its Capex To Depreciation 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.

Payout Ratio vs Capex To Depreciation

Payout Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Payout Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between L3Harris Technologies' Payout Ratio and Capex To Depreciation is 0.75. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Depreciation 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' Payout Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of L3Harris Technologies are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Payout Ratio i.e., L3Harris Technologies' Payout Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of L3Harris Technologies earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of L3Harris Technologies dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating L3Harris Technologies is paying out more in dividends than it makes in net income.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 Profit	5.4B	4.9B	5.1B	5.4B
Total Revenue	17.8B	17.1B	19.4B	20.4B

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		0.93	0.93	0.93	0.98	0.99	0.91	0.91	0.66	1.0	0.67	0.67	0.92	0.84	0.96	0.88	0.6	0.97	0.97	0.99	0.62	0.99	0.96	0.82	0.87	0.84
Short Long Term Debt Total	0.93		0.95	0.98	0.84	0.94	1.0	0.9	0.41	0.92	0.81	0.42	0.86	0.62	0.97	0.92	0.6	0.81	0.99	0.94	0.84	0.91	0.94	0.88	0.9	0.67
Other Current Liab	0.93	0.95		0.94	0.87	0.95	0.94	0.88	0.52	0.93	0.74	0.53	0.89	0.69	0.95	0.88	0.57	0.85	0.96	0.95	0.69	0.92	0.93	0.87	0.89	0.68
Total Current Liabilities	0.93	0.98	0.94		0.85	0.95	0.98	0.94	0.41	0.92	0.77	0.42	0.83	0.64	0.93	0.91	0.72	0.82	0.97	0.95	0.84	0.9	0.97	0.95	0.92	0.66
Total Stockholder Equity	0.98	0.84	0.87	0.85		0.97	0.81	0.88	0.73	0.98	0.54	0.74	0.9	0.91	0.89	0.8	0.58	1.0	0.89	0.96	0.48	0.98	0.92	0.75	0.8	0.87
Property Plant And Equipment Net	0.99	0.94	0.95	0.95	0.97		0.92	0.94	0.6	0.99	0.68	0.61	0.92	0.82	0.95	0.88	0.64	0.95	0.97	0.99	0.67	0.99	0.97	0.87	0.88	0.79
Net Debt	0.91	1.0	0.94	0.98	0.81	0.92		0.89	0.35	0.9	0.82	0.36	0.85	0.58	0.95	0.91	0.6	0.78	0.98	0.92	0.86	0.89	0.92	0.88	0.88	0.63
Retained Earnings	0.91	0.9	0.88	0.94	0.88	0.94	0.89		0.52	0.91	0.66	0.53	0.82	0.69	0.87	0.84	0.7	0.84	0.91	0.94	0.69	0.89	0.97	0.91	0.94	0.75
Cash	0.66	0.41	0.52	0.41	0.73	0.6	0.35	0.52		0.66	0.14	1.0	0.55	0.71	0.57	0.47	0.31	0.75	0.52	0.62	-0.07	0.65	0.55	0.37	0.56	0.86
Non Current Assets Total	1.0	0.92	0.93	0.92	0.98	0.99	0.9	0.91	0.66		0.66	0.67	0.92	0.85	0.96	0.87	0.59	0.97	0.96	0.98	0.61	0.99	0.95	0.81	0.86	0.84
Non Currrent Assets Other	0.67	0.81	0.74	0.77	0.54	0.68	0.82	0.66	0.14	0.66		0.16	0.61	0.39	0.76	0.72	0.44	0.53	0.78	0.67	0.79	0.64	0.68	0.7	0.69	0.37
Cash And Short Term Investments	0.67	0.42	0.53	0.42	0.74	0.61	0.36	0.53	1.0	0.67	0.16		0.56	0.72	0.58	0.48	0.31	0.76	0.54	0.64	-0.06	0.67	0.56	0.39	0.57	0.86
Net Receivables	0.92	0.86	0.89	0.83	0.9	0.92	0.85	0.82	0.55	0.92	0.61	0.56		0.78	0.9	0.72	0.29	0.89	0.89	0.9	0.54	0.94	0.84	0.67	0.78	0.73
Common Stock Shares Outstanding	0.84	0.62	0.69	0.64	0.91	0.82	0.58	0.69	0.71	0.85	0.39	0.72	0.78		0.71	0.56	0.45	0.92	0.7	0.79	0.26	0.86	0.75	0.56	0.56	0.77
Non Current Liabilities Total	0.96	0.97	0.95	0.93	0.89	0.95	0.95	0.87	0.57	0.96	0.76	0.58	0.9	0.71		0.9	0.52	0.88	0.99	0.95	0.69	0.95	0.92	0.8	0.87	0.78
Inventory	0.88	0.92	0.88	0.91	0.8	0.88	0.91	0.84	0.47	0.87	0.72	0.48	0.72	0.56	0.9		0.67	0.78	0.92	0.9	0.75	0.85	0.87	0.82	0.84	0.72
Other Current Assets	0.6	0.6	0.57	0.72	0.58	0.64	0.6	0.7	0.31	0.59	0.44	0.31	0.29	0.45	0.52	0.67		0.55	0.6	0.66	0.6	0.56	0.74	0.83	0.65	0.45
Other Stockholder Equity	0.97	0.81	0.85	0.82	1.0	0.95	0.78	0.84	0.75	0.97	0.53	0.76	0.89	0.92	0.88	0.78	0.55		0.88	0.94	0.45	0.98	0.89	0.72	0.77	0.88
Total Liab	0.97	0.99	0.96	0.97	0.89	0.97	0.98	0.91	0.52	0.96	0.78	0.54	0.89	0.7	0.99	0.92	0.6	0.88		0.97	0.75	0.95	0.95	0.87	0.9	0.75
Total Current Assets	0.99	0.94	0.95	0.95	0.96	0.99	0.92	0.94	0.62	0.98	0.67	0.64	0.9	0.79	0.95	0.9	0.66	0.94	0.97		0.66	0.98	0.97	0.88	0.91	0.81
Short Term Debt	0.62	0.84	0.69	0.84	0.48	0.67	0.86	0.69	-0.07	0.61	0.79	-0.06	0.54	0.26	0.69	0.75	0.6	0.45	0.75	0.66		0.6	0.71	0.8	0.69	0.26
Intangible Assets	0.99	0.91	0.92	0.9	0.98	0.99	0.89	0.89	0.65	0.99	0.64	0.67	0.94	0.86	0.95	0.85	0.56	0.98	0.95	0.98	0.6		0.93	0.79	0.83	0.83
Accounts Payable	0.96	0.94	0.93	0.97	0.92	0.97	0.92	0.97	0.55	0.95	0.68	0.56	0.84	0.75	0.92	0.87	0.74	0.89	0.95	0.97	0.71	0.93		0.94	0.93	0.75
Property Plant And Equipment Gross	0.82	0.88	0.87	0.95	0.75	0.87	0.88	0.91	0.37	0.81	0.7	0.39	0.67	0.56	0.8	0.82	0.83	0.72	0.87	0.88	0.8	0.79	0.94		0.92	0.54
Common Stock Total Equity	0.87	0.9	0.89	0.92	0.8	0.88	0.88	0.94	0.56	0.86	0.69	0.57	0.78	0.56	0.87	0.84	0.65	0.77	0.9	0.91	0.69	0.83	0.93	0.92		0.71
Common Stock	0.84	0.67	0.68	0.66	0.87	0.79	0.63	0.75	0.86	0.84	0.37	0.86	0.73	0.77	0.78	0.72	0.45	0.88	0.75	0.81	0.26	0.83	0.75	0.54	0.71

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L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.3B	37.0B	34.7B	33.5B	41.7B	43.8B
Short Long Term Debt Total	7.9B	7.7B	7.8B	7.8B	14.0B	14.6B
Other Current Liab	1.1B	1.5B	1.4B	1.2B	1.8B	1.9B
Total Current Liabilities	4.0B	4.2B	4.6B	5.8B	8.0B	8.4B
Total Stockholder Equity	22.6B	20.7B	19.2B	18.5B	18.8B	19.7B
Property Plant And Equipment Net	3.0B	2.9B	2.9B	2.9B	3.6B	3.8B
Net Debt	7.0B	6.4B	6.9B	6.9B	13.4B	14.1B
Retained Earnings	2.2B	2.3B	2.9B	2.9B	3.2B	3.4B
Cash	824M	1.3B	941M	880M	560M	376.4M
Non Current Assets Total	32.0B	30.3B	28.4B	26.8B	33.6B	35.3B
Non Currrent Assets Other	507M	519M	565M	552M	1.4B	1.5B
Cash And Short Term Investments	824M	1.3B	941M	880M	560M	402.6M
Net Receivables	3.9B	4.1B	4.2B	1.3B	4.4B	4.6B
Common Stock Shares Outstanding	223.7M	215.9M	203.2M	193.5M	190.6M	164.6M
Liabilities And Stockholders Equity	38.3B	37.0B	34.7B	33.5B	41.7B	43.8B
Non Current Liabilities Total	11.6B	11.9B	10.8B	9.1B	14.9B	15.6B
Inventory	1.2B	973M	982M	1.3B	1.5B	1.5B
Other Current Assets	392M	342M	272M	3.3B	1.5B	1.5B
Other Stockholder Equity	20.7B	19.0B	16.2B	15.7B	15.6B	16.3B
Total Liab	15.6B	16.1B	15.4B	14.9B	22.9B	24.0B
Total Current Assets	6.3B	6.7B	6.4B	6.8B	7.9B	8.3B
Short Term Debt	389M	126M	13M	820M	2.1B	2.2B
Intangible Assets	8.5B	7.9B	6.6B	6.0B	8.5B	9.0B
Accounts Payable	1.3B	1.4B	1.8B	1.9B	2.1B	2.2B
Property Plant And Equipment Gross	894M	2.9B	2.9B	5.1B	5.3B	5.6B
Accumulated Other Comprehensive Income	(508M)	(839M)	(146M)	(288M)	(198M)	(207.9M)
Common Stock Total Equity	120M	118M	119M	208M	239.2M	251.2M
Common Stock	218M	208M	194M	191M	190M	135.4M
Good Will	20.0B	18.9B	18.2B	17.3B	20.0B	21.0B
Current Deferred Revenue	1.2B	1.2B	1.3B	1.4B	1.9B	2.0B
Net Tangible Assets	(3.1B)	(2.8B)	(6.1B)	(5.6B)	(5.1B)	(4.8B)
Retained Earnings Total Equity	1.3B	1.7B	2.2B	2.3B	2.7B	1.7B
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	537M	3.7B	1.1B	1.2B	2.9B	3.0B
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 Payout Ratio vs Capex To Depreciation Analysis

Payout Ratio vs Capex To Depreciation

Payout Ratio vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Payout Ratio

Capex To Depreciation

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
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
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Short Term Debt	- 0.07	Cash
Short Term Debt	- 0.06	Cash And Short Term Investments