HE Equipment Net Worth

HE Equipment Net Worth Breakdown

  HEES
The net worth of HE Equipment Services is the difference between its total assets and liabilities. HE Equipment's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of HE Equipment's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. HE Equipment's net worth can be used as a measure of its financial health and stability which can help investors to decide if HE Equipment is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in HE Equipment Services stock.

HE Equipment Net Worth Analysis

HE Equipment's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including HE Equipment's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of HE Equipment's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform HE Equipment's net worth analysis. One common approach is to calculate HE Equipment's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares HE Equipment's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing HE Equipment's net worth. This approach calculates the present value of HE Equipment's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of HE Equipment's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate HE Equipment's net worth. This involves comparing HE Equipment's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into HE Equipment's net worth relative to its peers.

Enterprise Value

623.07 Million

To determine if HE Equipment is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding HE Equipment's net worth research are outlined below:
HE Equipment is unlikely to experience financial distress in the next 2 years
HE Equipment has a strong financial position based on the latest SEC filings
Over 80.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Does HE Equipment Services Have A Healthy Balance Sheet

HE Equipment Quarterly Good Will

135.17 Million

HE Equipment uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in HE Equipment Services. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to HE Equipment's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024
Upcoming Quarterly Report
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25th of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know HE Equipment's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as HE Equipment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading HE Equipment Services backward and forwards among themselves. HE Equipment's institutional investor refers to the entity that pools money to purchase HE Equipment's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Hhg Plc2024-06-30
578.2 K
Charles Schwab Investment Management Inc2024-09-30
571.9 K
Amvescap Plc.2024-06-30
495.6 K
Cooke & Bieler Lp2024-09-30
487.2 K
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
430.1 K
Abrdn Plc2024-09-30
338.9 K
Goldman Sachs Group Inc2024-06-30
320.9 K
Wells Fargo & Co2024-06-30
313.1 K
Northern Trust Corp2024-09-30
302.6 K
Vanguard Group Inc2024-09-30
3.8 M
Blackrock Inc2024-06-30
2.8 M
Note, although HE Equipment's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow HE Equipment's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.15 B.

Market Cap

340.59 Million

Project HE Equipment's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.07 
Return On Capital Employed 0.11  0.09 
Return On Assets 0.06  0.07 
Return On Equity 0.32  0.33 
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.
When accessing HE Equipment's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures HE Equipment's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of HE Equipment's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in HE Equipment's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of HE Equipment Services. Check HE Equipment's Beneish M Score to see the likelihood of HE Equipment's management manipulating its earnings.

Evaluate HE Equipment's management efficiency

HE Equipment Services has return on total asset (ROA) of 0.057 % which means that it generated a profit of $0.057 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2649 %, meaning that it created $0.2649 on every $100 dollars invested by stockholders. HE Equipment's management efficiency ratios could be used to measure how well HE Equipment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, HE Equipment's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.07 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, HE Equipment's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 2.4 B in 2024, whereas Total Current Assets are likely to drop slightly above 292.4 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 14.80  15.54 
Tangible Book Value Per Share 10.90  11.45 
Enterprise Value Over EBITDA 5.04  7.54 
Price Book Value Ratio 3.54  3.71 
Enterprise Value Multiple 5.04  7.54 
Price Fair Value 3.54  3.71 
Enterprise Value342.2 M623.1 M
HE Equipment Services benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Enterprise Value Revenue
2.5687
Revenue
1.5 B
Quarterly Revenue Growth
(0.04)
Revenue Per Share
41.909
Return On Equity
0.2649
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific HE Equipment insiders, such as employees or executives, is commonly permitted as long as it does not rely on HE Equipment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases HE Equipment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

HE Equipment Corporate Filings

8K
15th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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13A
4th of October 2024
An amended filing to the original Schedule 13G
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F4
6th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
12th of June 2024
Other Reports
ViewVerify
HE Equipment time-series forecasting models is one of many HE Equipment's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary HE Equipment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

HE Equipment Earnings per Share Projection vs Actual

HE Equipment Corporate Executives

Elected by the shareholders, the HE Equipment's board of directors comprises two types of representatives: HE Equipment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HEES. The board's role is to monitor HE Equipment's management team and ensure that shareholders' interests are well served. HE Equipment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HE Equipment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Leslie CPACFO SecretaryProfile
Leslie MageeCFO, Principal Accounting Officer and SecretaryProfile
Bradley BarberPres and COOProfile

Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.