Huntington Total Current Liabilities vs Cash Analysis

HBAN Stock

USD 14.15 0.14 1.00%

Huntington Bancshares financial indicator trend analysis is much more than just examining Huntington Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Bancshares is a good investment. Please check the relationship between Huntington Bancshares Total Current Liabilities and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Huntington Bancshares' Total Current Liabilities and Cash is -0.46. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Huntington Bancshares Incorporated, assuming nothing else is changed. The correlation between historical values of Huntington Bancshares' Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Huntington Bancshares Incorporated are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Huntington Bancshares' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Huntington Bancshares balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huntington Bancshares Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Huntington Bancshares, which is listed under current asset account on Huntington Bancshares Incorporated balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Huntington Bancshares customers. The amounts must be unrestricted with restricted cash listed in a different Huntington Bancshares account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Huntington Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Bancshares 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

At this time, Huntington Bancshares' Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Issuance Of Capital Stock is likely to grow to about 412.9 M, while Tax Provision is likely to drop about 322.9 M.

	2021	2022	2023	2024 (projected)
EBIT	1.6B	3.8B	1.6B	1.6B
Operating Income	1.6B	3.8B	2.4B	2.5B

Ebit Operating Income

Huntington Bancshares fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.93	0.6	0.26	-0.24	0.93	0.8	0.04	0.71	0.76	0.18	-0.79	0.84	0.55	0.87	0.57	0.97	0.93	0.3	-0.19	0.84	-0.71	-0.71	0.87	0.9	0.64
Total Assets	0.93		0.58	0.32	-0.29	1.0	0.78	-0.08	0.89	0.88	0.21	-0.88	0.89	0.62	0.93	0.63	0.96	1.0	0.32	-0.25	0.94	-0.46	-0.46	0.97	0.99	0.71
Short Long Term Debt Total	0.6	0.58		-0.43	0.36	0.57	0.69	0.7	0.53	0.27	0.32	-0.52	0.52	0.25	0.36	0.18	0.52	0.58	0.29	0.49	0.35	-0.46	-0.46	0.44	0.49	0.92
Other Current Liab	0.26	0.32	-0.43		-0.84	0.32	0.03	-0.82	0.3	0.59	-0.17	-0.19	0.3	0.36	0.44	0.53	0.31	0.32	0.08	-0.99	0.42	-0.08	-0.08	0.43	0.41	-0.13
Total Current Liabilities	-0.24	-0.29	0.36	-0.84		-0.28	-0.15	0.71	-0.26	-0.46	0.19	0.09	-0.42	0.01	-0.38	-0.19	-0.27	-0.29	-0.24	0.86	-0.36	0.11	0.11	-0.34	-0.33	0.08
Total Stockholder Equity	0.93	1.0	0.57	0.32	-0.28		0.79	-0.08	0.88	0.87	0.28	-0.88	0.86	0.67	0.9	0.61	0.96	0.99	0.34	-0.26	0.92	-0.47	-0.47	0.97	0.98	0.7
Property Plant And Equipment Net	0.8	0.78	0.69	0.03	-0.15	0.79		0.15	0.54	0.5	0.37	-0.77	0.65	0.43	0.66	0.17	0.82	0.78	0.28	-0.01	0.7	-0.61	-0.61	0.68	0.71	0.72
Net Debt	0.04	-0.08	0.7	-0.82	0.71	-0.08	0.15		-0.1	-0.45	0.31	0.07	-0.08	-0.16	-0.28	-0.29	-0.07	-0.08	0.13	0.83	-0.28	-0.28	-0.29	-0.24	-0.18	0.43
Retained Earnings	0.71	0.89	0.53	0.3	-0.26	0.88	0.54	-0.1		0.87	0.07	-0.74	0.85	0.49	0.81	0.67	0.74	0.89	0.29	-0.22	0.82	-0.09	-0.09	0.91	0.91	0.74
Cash	0.76	0.88	0.27	0.59	-0.46	0.87	0.5	-0.45	0.87		-0.06	-0.73	0.82	0.59	0.9	0.8	0.8	0.88	0.21	-0.51	0.88	-0.2	-0.2	0.94	0.93	0.5
Non Current Assets Total	0.18	0.21	0.32	-0.17	0.19	0.28	0.37	0.31	0.07	-0.06		-0.23	-0.1	0.58	-0.11	-0.23	0.19	0.2	0.51	0.15	0.02	-0.33	-0.33	0.1	0.13	0.29
Non Currrent Assets Other	-0.79	-0.88	-0.52	-0.19	0.09	-0.88	-0.77	0.07	-0.74	-0.73	-0.23		-0.64	-0.65	-0.82	-0.43	-0.86	-0.88	0.08	0.14	-0.86	0.36	0.36	-0.86	-0.86	-0.62
Other Assets	0.84	0.89	0.52	0.3	-0.42	0.86	0.65	-0.08	0.85	0.82	-0.1	-0.64		0.24	0.88	0.61	0.84	0.9	0.39	-0.22	0.85	-0.35	-0.35	0.87	0.89	0.65
Cash And Short Term Investments	0.55	0.62	0.25	0.36	0.01	0.67	0.43	-0.16	0.49	0.59	0.58	-0.65	0.24		0.48	0.55	0.6	0.61	0.22	-0.31	0.55	-0.35	-0.35	0.62	0.63	0.37
Net Receivables	0.87	0.93	0.36	0.44	-0.38	0.9	0.66	-0.28	0.81	0.9	-0.11	-0.82	0.88	0.48		0.72	0.93	0.93	0.12	-0.37	0.98	-0.35	-0.35	0.96	0.95	0.51
Non Current Liabilities Total	0.57	0.63	0.18	0.53	-0.19	0.61	0.17	-0.29	0.67	0.8	-0.23	-0.43	0.61	0.55	0.72		0.59	0.63	0.17	-0.42	0.66	-0.13	-0.13	0.72	0.71	0.35
Other Stockholder Equity	0.97	0.96	0.52	0.31	-0.27	0.96	0.82	-0.07	0.74	0.8	0.19	-0.86	0.84	0.6	0.93	0.59		0.96	0.28	-0.24	0.93	-0.6	-0.6	0.92	0.94	0.6
Total Liab	0.93	1.0	0.58	0.32	-0.29	0.99	0.78	-0.08	0.89	0.88	0.2	-0.88	0.9	0.61	0.93	0.63	0.96		0.31	-0.25	0.94	-0.46	-0.46	0.98	0.99	0.71
Total Current Assets	0.3	0.32	0.29	0.08	-0.24	0.34	0.28	0.13	0.29	0.21	0.51	0.08	0.39	0.22	0.12	0.17	0.28	0.31		-0.07	0.16	-0.27	-0.27	0.25	0.29	0.34
Short Term Debt	-0.19	-0.25	0.49	-0.99	0.86	-0.26	-0.01	0.83	-0.22	-0.51	0.15	0.14	-0.22	-0.31	-0.37	-0.42	-0.24	-0.25	-0.07		-0.35	0.07	0.07	-0.35	-0.33	0.18
Property Plant And Equipment Gross	0.84	0.94	0.35	0.42	-0.36	0.92	0.7	-0.28	0.82	0.88	0.02	-0.86	0.85	0.55	0.98	0.66	0.93	0.94	0.16	-0.35		-0.29	-0.29	0.97	0.96	0.51
Common Stock Total Equity	-0.71	-0.46	-0.46	-0.08	0.11	-0.47	-0.61	-0.28	-0.09	-0.2	-0.33	0.36	-0.35	-0.35	-0.35	-0.13	-0.6	-0.46	-0.27	0.07	-0.29		1.0	-0.31	-0.38	-0.35
Common Stock	-0.71	-0.46	-0.46	-0.08	0.11	-0.47	-0.61	-0.29	-0.09	-0.2	-0.33	0.36	-0.35	-0.35	-0.35	-0.13	-0.6	-0.46	-0.27	0.07	-0.29	1.0		-0.31	-0.38	-0.35
Other Liab	0.87	0.97	0.44	0.43	-0.34	0.97	0.68	-0.24	0.91	0.94	0.1	-0.86	0.87	0.62	0.96	0.72	0.92	0.98	0.25	-0.35	0.97	-0.31	-0.31		0.99	0.62
Accounts Payable	0.9	0.99	0.49	0.41	-0.33	0.98	0.71	-0.18	0.91	0.93	0.13	-0.86	0.89	0.63	0.95	0.71	0.94	0.99	0.29	-0.33	0.96	-0.38	-0.38	0.99		0.66
Long Term Debt	0.64	0.71	0.92	-0.13	0.08	0.7	0.72	0.43	0.74	0.5	0.29	-0.62	0.65	0.37	0.51	0.35	0.6	0.71	0.34	0.18	0.51	-0.35	-0.35	0.62	0.66

Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.1B	1.0B	1.3B	1.5B	1.5B	1.5B
Total Assets	109.0B	123.0B	174.1B	182.9B	189.4B	198.8B
Short Long Term Debt Total	12.5B	8.5B	7.4B	11.7B	12.4B	7.3B
Other Current Liab	(2.6B)	(183M)	(334M)	(2.0B)	618M	648.9M
Total Current Liabilities	2.6B	183M	334M	2.5K	620M	589M
Total Stockholder Equity	11.8B	13.0B	19.3B	17.7B	19.4B	20.3B
Property Plant And Equipment Net	763M	757M	1.2B	1.2B	1.1B	601.1M
Net Debt	11.2B	1.8B	1.5B	4.8B	2.1B	2.0B
Retained Earnings	2.1B	1.9B	2.2B	3.4B	4.3B	4.5B
Cash	1.3B	6.7B	5.9B	6.9B	10.3B	10.8B
Non Current Assets Total	27.0B	29.0B	48.7B	5.7K	7.3B	11.9B
Non Currrent Assets Other	(27.0B)	(29.0B)	(48.7B)	(48.8B)	(41.2B)	(39.2B)
Other Assets	66.6B	70.8B	86.0B	182.9B	155.2B	162.9B
Cash And Short Term Investments	15.4B	23.2B	34.4B	25.1K	26.9B	28.2B
Liabilities And Stockholders Equity	109.0B	123.0B	174.1B	182.9B	189.4B	198.8B
Non Current Liabilities Total	9.8B	8.4B	7.1B	112.1K	169.4B	177.8B
Other Stockholder Equity	8.8B	8.7B	15.1B	15.2B	15.3B	16.1B
Total Liab	97.2B	110.0B	154.7B	165.1B	170.0B	178.5B
Total Current Assets	15.4B	23.2B	39.3B	25.1K	26.9B	28.2B
Short Term Debt	2.6B	183M	334M	2.0B	2M	1.9M
Property Plant And Equipment Gross	763M	757M	2.2B	2.3B	2.3B	2.4B
Accumulated Other Comprehensive Income	(256M)	192M	(229M)	(3.1B)	(2.7B)	(2.5B)
Other Liab	2.1B	2.6B	4.0B	4.0B	4.6B	4.9B
Accounts Payable	82.3B	98.9B	143.3B	147.9B	170.1B	178.6B
Long Term Debt	9.8B	8.4B	7.1B	9.7B	12.4B	6.3B
Short Term Investments	14.1B	16.5B	28.5B	23.4B	3.4B	3.2B
Inventory	11M	(9.0B)	(6.4B)	(13.7B)	(17.2B)	(16.3B)
Treasury Stock	(45M)	(56M)	(59M)	(79M)	(90.9M)	(95.4M)
Property Plant Equipment	763M	757M	1.2B	1.2B	1.0B	640.7M
Intangible Assets	475M	428M	611M	712M	672M	403.0M
Other Current Assets	1.4B	6.8B	6.4B	6.9B	10.4B	9.8B
Net Tangible Assets	8.1B	8.4B	11.5B	9.3B	10.7B	7.6B
Retained Earnings Total Equity	2.1B	1.9B	2.2B	3.4B	3.9B	4.1B
Long Term Debt Total	9.8B	8.4B	7.1B	9.7B	11.1B	7.3B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:

How To Invest In Huntington

Details

Is Huntington Stock a good investment?

Details

What is Huntington Bancshares' Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Huntington Stock analysis

When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' 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 Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.

	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated

Is Huntington Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.33)

Dividend Share

0.62

Earnings Share

1.11

Revenue Per Share

4.666

Quarterly Revenue Growth

(0.10)

The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Huntington Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

Huntington Bancshares fundamental ratios Correlations

Huntington Bancshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huntington Bancshares fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Huntington Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Total Liab

Short Term Debt	- 0.99	Other Current Liab
Total Liab	- 0.88	Non Currrent Assets Other
Non Currrent Assets Other	- 0.88	Total Stockholder Equity
Non Currrent Assets Other	- 0.88	Total Assets
Accounts Payable	- 0.86	Non Currrent Assets Other
Other Liab	- 0.86	Non Currrent Assets Other