Heico Total Current Liabilities vs Inventory Analysis
HEI Stock | USD 221.77 6.66 3.10% |
Heico financial indicator trend analysis is much more than just examining Heico latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heico is a good investment. Please check the relationship between Heico Total Current Liabilities and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heico Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have totally related.
The correlation between Heico's Total Current Liabilities and Inventory is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory in the same time period over historical financial statements of Heico, assuming nothing else is changed. The correlation between historical values of Heico's Total Current Liabilities and Inventory 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 Heico are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., Heico's Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Heico balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Heico 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.Inventory
Most indicators from Heico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heico 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 Heico. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.As of now, Heico's Enterprise Value Multiple is increasing as compared to previous years. The Heico's current Enterprise Value is estimated to increase to about 16.1 B, while Tax Provision is projected to decrease to under 84.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.4M | 73.0M | 83.9M | 88.1M | Depreciation And Amortization | 96.9M | 130.0M | 149.5M | 157.0M |
Heico fundamental ratios Correlations
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Heico Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heico fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.5B | 4.1B | 7.2B | 8.3B | 8.7B | |
Short Long Term Debt Total | 739.8M | 236.5M | 290.3M | 2.5B | 2.8B | 3.0B | |
Other Current Liab | 138.2M | 175.1M | 243.9M | 647.5M | 744.7M | 781.9M | |
Total Current Liabilities | 241.2M | 294.9M | 420.9M | 665.3M | 765.1M | 803.4M | |
Total Stockholder Equity | 2.0B | 2.3B | 2.6B | 3.2B | 3.7B | 3.9B | |
Property Plant And Equipment Net | 168.8M | 193.6M | 225.9M | 321.8M | 370.1M | 388.6M | |
Net Debt | 333.0M | 128.2M | 150.8M | 2.3B | 2.7B | 2.8B | |
Retained Earnings | 1.7B | 1.9B | 2.3B | 2.6B | 3.0B | 3.1B | |
Cash | 406.9M | 108.3M | 139.5M | 171.0M | 196.7M | 206.5M | |
Non Current Assets Total | 2.4B | 2.6B | 2.9B | 5.3B | 6.1B | 6.4B | |
Non Currrent Assets Other | 251.0M | 334.7M | 311.1M | 386.3M | 444.2M | 466.4M | |
Cash And Short Term Investments | 406.9M | 108.3M | 139.5M | 171.0M | 196.7M | 206.5M | |
Net Receivables | 270.9M | 325.0M | 388.8M | 620.8M | 713.9M | 749.6M | |
Common Stock Shares Outstanding | 137.3M | 137.9M | 138.0M | 138.9M | 159.7M | 121.7M | |
Liabilities And Stockholders Equity | 3.5B | 3.5B | 4.1B | 7.2B | 8.3B | 8.7B | |
Non Current Liabilities Total | 1.3B | 906.6M | 698.7M | 3.0B | 3.4B | 3.6B | |
Inventory | 463.2M | 478.1M | 582.5M | 1.0B | 1.2B | 1.2B | |
Other Current Assets | 24.7M | 26.0M | 41.9M | 49.8M | 57.3M | 60.2M | |
Other Stockholder Equity | 330.4M | 354.6M | 322.6M | 579.6M | 666.6M | 699.9M | |
Total Liab | 1.5B | 1.2B | 1.1B | 3.6B | 4.2B | 4.4B | |
Total Current Assets | 1.2B | 937.4M | 1.2B | 1.9B | 2.1B | 2.2B | |
Short Term Debt | 1.0M | 1.5M | 1.7M | 17.8M | 20.5M | 21.5M | |
Intangible Assets | 579.0M | 582.3M | 733.3M | 1.4B | 1.6B | 1.6B | |
Accounts Payable | 76.2M | 85.5M | 116.6M | 205.9M | 236.8M | 248.6M | |
Property Plant And Equipment Gross | 168.8M | 450.6M | 503.0M | 634.7M | 729.9M | 766.4M | |
Accumulated Other Comprehensive Income | (9.1M) | (8.6M) | (46.5M) | (40.2M) | (36.2M) | (34.4M) | |
Common Stock Total Equity | 1.3M | 1.4M | 1.4M | 1.4M | 1.6M | 1.6M | |
Common Stock | 1.4M | 1.4M | 1.4M | 547K | 629.1K | 643.5K | |
Other Liab | 291.8M | 419.0M | 333.1M | 406.7M | 467.7M | 491.1M | |
Other Assets | 193.9M | 334.7M | 311.1M | 264.9M | 304.6M | 319.9M | |
Long Term Debt | 738.8M | 235.0M | 288.6M | 2.5B | 2.8B | 3.0B | |
Property Plant Equipment | 168.8M | 193.6M | 225.9M | 443.2M | 509.7M | 535.2M | |
Current Deferred Revenue | 25.6M | 32.7M | 58.8M | (205.9M) | (185.3M) | (176.0M) | |
Good Will | 1.4B | 1.5B | 1.7B | 3.3B | 3.8B | 4.0B | |
Noncontrolling Interest In Consolidated Entity | 28.1M | 30.4M | 33.9M | 42.2M | 38.0M | 47.8M | |
Retained Earnings Total Equity | 1.4B | 1.7B | 1.9B | 2.3B | 2.6B | 2.7B | |
Deferred Long Term Liab | 51.5M | 55.7M | 40.8M | 71.2M | 81.8M | 71.1M | |
Net Tangible Assets | 239.2M | 264.2M | 528.0M | (1.5B) | (1.3B) | (1.3B) |
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When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.Note that the Heico information on this page should be used as a complementary analysis to other Heico's 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Heico's price analysis, check to measure Heico'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 Heico is operating at the current time. Most of Heico's value examination focuses on studying past and present price action to predict the probability of Heico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heico's price. Additionally, you may evaluate how the addition of Heico to your portfolios can decrease your overall portfolio volatility.
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Is Heico's 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 Heico. If investors know Heico 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 Heico 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 0.158 | Dividend Share 0.2 | Earnings Share 3.18 | Revenue Per Share 25.451 | Quarterly Revenue Growth 0.389 |
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico's 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 Heico's market value can be influenced by many factors that don't directly affect Heico's 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 Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico's 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.