L3Harris Research Development vs Total Other Income Expense Net 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 Research Development and its Total Other Income Expense Net 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.

Research Development vs Total Other Income Expense Net

Research Development vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Research Development account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between L3Harris Technologies' Research Development and Total Other Income Expense Net is -0.19. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Other Income Expense Net 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' Research Development and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of L3Harris Technologies are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Research Development i.e., L3Harris Technologies' Research Development and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Total Other Income Expense Net

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 Profit4.9B5.1B5.9B6.2B
Total Revenue17.1B19.4B22.3B23.4B

L3Harris Technologies fundamental ratios Correlations

0.940.950.940.980.990.930.930.591.00.750.60.940.840.970.910.690.970.970.990.731.00.970.870.890.83
0.940.970.990.850.961.00.930.350.930.870.360.90.650.980.950.70.820.990.960.90.920.950.920.890.68
0.950.970.960.880.960.960.920.440.940.820.450.920.710.960.920.670.860.970.970.80.940.950.910.90.69
0.940.990.960.860.960.980.960.350.930.850.360.870.670.950.940.780.830.980.970.90.920.980.970.910.67
0.980.850.880.860.960.830.890.680.980.630.70.910.90.910.830.651.00.90.950.590.980.920.790.840.86
0.990.960.960.960.960.940.950.530.990.770.540.940.820.960.910.720.950.980.990.770.990.980.90.90.79
0.931.00.960.980.830.940.930.30.920.880.310.890.630.970.940.690.80.980.940.910.910.940.920.870.65
0.930.930.920.960.890.950.930.440.930.770.450.870.710.910.890.760.860.940.960.80.910.980.940.940.74
0.590.350.440.350.680.530.30.440.60.141.00.490.690.50.40.280.710.450.54-0.030.590.480.330.570.82
1.00.930.940.930.980.990.920.930.60.750.610.940.840.970.90.680.970.970.980.711.00.960.850.880.83
0.750.870.820.850.630.770.880.770.140.750.150.720.480.830.810.580.610.850.780.860.730.780.80.730.46
0.60.360.450.360.70.540.310.451.00.610.150.50.690.510.410.290.720.470.55-0.020.60.490.340.580.82
0.940.90.920.870.910.940.890.870.490.940.720.50.790.930.80.450.90.920.920.680.950.880.760.810.74
0.840.650.710.670.90.820.630.710.690.840.480.690.790.730.60.510.920.720.790.390.860.760.620.620.8
0.970.980.960.950.910.960.970.910.50.970.830.510.930.730.930.630.890.990.960.790.960.940.860.890.77
0.910.950.920.940.830.910.940.890.40.90.810.410.80.60.930.750.80.950.930.840.880.910.880.860.71
0.690.70.670.780.650.720.690.760.280.680.580.290.450.510.630.750.620.690.740.70.650.80.870.720.5
0.970.820.860.831.00.950.80.860.710.970.610.720.90.920.890.80.620.880.930.550.980.90.760.810.87
0.970.990.970.980.90.980.980.940.450.970.850.470.920.720.990.950.690.880.980.840.960.960.910.910.75
0.990.960.970.970.950.990.940.960.540.980.780.550.920.790.960.930.740.930.980.770.980.980.920.920.79
0.730.90.80.90.590.770.910.8-0.030.710.86-0.020.680.390.790.840.70.550.840.770.70.80.870.710.39
1.00.920.940.920.980.990.910.910.591.00.730.60.950.860.960.880.650.980.960.980.70.950.840.860.82
0.970.950.950.980.920.980.940.980.480.960.780.490.880.760.940.910.80.90.960.980.80.950.950.940.75
0.870.920.910.970.790.90.920.940.330.850.80.340.760.620.860.880.870.760.910.920.870.840.950.910.59
0.890.890.90.910.840.90.870.940.570.880.730.580.810.620.890.860.720.810.910.920.710.860.940.910.75
0.830.680.690.670.860.790.650.740.820.830.460.820.740.80.770.710.50.870.750.790.390.820.750.590.75
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets37.0B34.7B33.5B41.7B47.9B50.3B
Short Long Term Debt Total7.7B7.8B7.8B14.0B16.0B16.8B
Other Current Liab1.5B1.4B1.2B1.8B2.1B2.2B
Total Current Liabilities4.2B4.6B5.8B8.0B9.2B9.7B
Total Stockholder Equity20.7B19.2B18.5B18.8B21.6B22.7B
Property Plant And Equipment Net2.9B2.9B2.9B3.6B4.1B4.4B
Net Debt6.4B6.9B6.9B13.4B15.4B16.2B
Retained Earnings2.3B2.9B2.9B3.2B3.7B3.9B
Cash1.3B941M880M560M644M376.4M
Non Current Assets Total30.3B28.4B26.8B33.6B38.7B40.6B
Non Currrent Assets Other519M565M552M1.4B1.6B1.7B
Cash And Short Term Investments1.3B941M880M560M644M402.6M
Net Receivables4.1B4.2B1.3B4.4B5.1B5.3B
Common Stock Shares Outstanding215.9M203.2M193.5M190.6M219.2M164.6M
Liabilities And Stockholders Equity37.0B34.7B33.5B41.7B47.9B50.3B
Non Current Liabilities Total11.9B10.8B9.1B14.9B17.1B17.9B
Inventory973M982M1.3B1.5B1.7B1.8B
Other Current Assets342M272M3.3B1.6B1.8B1.9B
Other Stockholder Equity19.0B16.2B15.7B15.6B17.9B18.8B
Total Liab16.1B15.4B14.9B22.9B26.3B27.6B
Total Current Assets6.7B6.4B6.8B8.1B9.3B9.7B
Short Term Debt126M13M820M2.1B2.4B2.5B
Intangible Assets7.9B6.6B6.0B8.5B9.8B10.3B
Accounts Payable1.4B1.8B1.9B2.1B2.4B2.5B
Property Plant And Equipment Gross2.9B2.9B5.1B5.3B6.1B6.4B
Accumulated Other Comprehensive Income(839M)(146M)(288M)(198M)(227.7M)(239.1M)
Common Stock208M194M191M190M218.5M135.4M
Good Will18.9B18.2B17.3B20.0B23.0B24.1B
Current Deferred Revenue1.2B1.3B1.4B1.9B2.2B2.3B
Net Tangible Assets(3.1B)(2.8B)(6.1B)(5.6B)(5.1B)(4.8B)
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 Other3.7B1.1B1.2B2.9B3.3B3.5B
Property Plant Equipment900M894M2.1B2.9B3.3B3.5B
Other Liab1.3B1.7B5.4B3.0B3.5B2.9B

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