Helmerich Common Stock Shares Outstanding vs Cash Analysis
HP Stock | USD 38.59 0.14 0.36% |
Helmerich financial indicator trend analysis is much more than just examining Helmerich and Payne latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helmerich and Payne is a good investment. Please check the relationship between Helmerich Common Stock Shares Outstanding and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helmerich and Payne Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Helmerich's Common Stock Shares Outstanding and Cash is 0.38. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Helmerich and Payne, assuming nothing else is changed. The correlation between historical values of Helmerich's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Helmerich and Payne 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 Common Stock Shares Outstanding i.e., Helmerich's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of Helmerich and Payne, which is listed under current asset account on Helmerich and Payne balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Helmerich customers. The amounts must be unrestricted with restricted cash listed in a different Helmerich 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 Helmerich's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helmerich and Payne 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 Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Helmerich's Selling General Administrative is relatively stable compared to the past year. As of 05/08/2024, Discontinued Operations is likely to grow to about 484.2 K, while Enterprise Value is likely to drop slightly above 3 B.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.8B | 2.1B | 2.4B | 2.5B | EBITDA | 425.8M | 953.6M | 1.1B | 1.2B |
Helmerich fundamental ratios Correlations
Click cells to compare fundamentals
Helmerich Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Helmerich fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8B | 5.0B | 4.4B | 4.4B | 5.0B | 3.1B | |
Short Long Term Debt Total | 480.7M | 1.0B | 555.0M | 600.0M | 689.9M | 724.4M | |
Other Current Liab | 156.3M | 297.6M | 226.7M | 240.6M | 276.7M | 290.5M | |
Total Current Liabilities | 219.1M | 866.3M | 394.8M | 418.9M | 481.8M | 505.9M | |
Total Stockholder Equity | 3.3B | 2.9B | 2.8B | 2.8B | 3.2B | 2.1B | |
Property Plant And Equipment Net | 3.6B | 3.2B | 3.0B | 3.0B | 3.4B | 2.3B | |
Net Debt | (7.2M) | 107.9M | 322.9M | 342.8M | 394.2M | 413.9M | |
Retained Earnings | 3.0B | 2.6B | 2.5B | 2.7B | 3.1B | 1.9B | |
Cash | 487.9M | 917.5M | 232.1M | 257.2M | 295.8M | 224.2M | |
Non Current Assets Total | 3.9B | 3.4B | 3.4B | 3.4B | 3.9B | 2.5B | |
Non Currrent Assets Other | 188.4M | (547.3M) | (516.8M) | (485.7M) | (437.2M) | (415.3M) | |
Cash And Short Term Investments | 577.2M | 1.1B | 349.2M | 350.8M | 403.4M | 246.1M | |
Net Receivables | 195.0M | 228.9M | 458.7M | 438.9M | 504.7M | 267.5M | |
Common Stock Shares Outstanding | 108.0M | 107.8M | 106.6M | 102.9M | 92.6M | 91.5M | |
Liabilities And Stockholders Equity | 4.8B | 5.0B | 4.4B | 4.4B | 5.0B | 3.1B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.2B | 1.2B | 1.4B | 775.1M | |
Inventory | 104.2M | 84.1M | 88.0M | 94.2M | 108.4M | 54.9M | |
Other Current Assets | 386.1M | 20.8M | 17.8M | 2.0M | 2.3M | 2.2M | |
Other Stockholder Equity | 323.5M | 348.3M | 292.8M | 61.0M | 70.1M | 66.6M | |
Total Liab | 1.5B | 2.1B | 1.6B | 1.6B | 1.9B | 1.0B | |
Total Current Assets | 963.3M | 1.6B | 1.0B | 1.0B | 1.2B | 625.9M | |
Short Term Debt | 11.4M | 483.5M | 12.4M | 13.8M | 15.8M | 15.0M | |
Accounts Payable | 36.5M | 72.0M | 127.0M | 130.9M | 150.5M | 82.9M | |
Property Plant And Equipment Gross | 3.7B | 3.2B | 3.0B | 7.6B | 8.7B | 9.2B | |
Accumulated Other Comprehensive Income | (26.2M) | (20.2M) | (12.1M) | (8.0M) | (9.2M) | (9.6M) | |
Common Stock Total Equity | 11.2M | 11.2M | 11.2M | 11.2M | 12.9M | 10.3M | |
Common Stock | 11.2M | 11.2M | 11.2M | 11.2M | 12.9M | 10.3M | |
Other Liab | 777.4M | 713.2M | 625.3M | 604.9M | 695.6M | 446.7M | |
Other Assets | 17.1M | 16.2M | 20.9M | 32.1M | 36.9M | 38.7M | |
Long Term Debt | 480.7M | 542.0M | 542.6M | 545.1M | 626.9M | 356.9M | |
Treasury Stock | (173.2M) | (195.0M) | (198.2M) | (181.6M) | (163.5M) | (155.3M) | |
Property Plant Equipment | 3.6B | 3.2B | 3.0B | 3.0B | 3.4B | 3.4B | |
Short Term Investments | 89.3M | 198.7M | 117.1M | 93.6M | 107.6M | 113.0M | |
Net Tangible Assets | 3.3B | 2.8B | 2.8B | 2.7B | 2.4B | 3.0B | |
Retained Earnings Total Equity | 3.7B | 3.0B | 2.6B | 2.5B | 2.8B | 3.5B | |
Long Term Debt Total | 480.7M | 542.0M | 542.6M | 545.1M | 626.9M | 459.7M | |
Capital Surpluse | 521.6M | 529.9M | 528.3M | 525.4M | 604.2M | 438.1M | |
Deferred Long Term Liab | 806.6M | 650.7M | 563.4M | 537.7M | 483.9M | 699.5M | |
Long Term Investments | 31.6M | 135.4M | 219.0M | 264.9M | 238.5M | 162.7M |
Helmerich Investors Sentiment
The influence of Helmerich's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Helmerich. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Helmerich's public news can be used to forecast risks associated with an investment in Helmerich. The trend in average sentiment can be used to explain how an investor holding Helmerich can time the market purely based on public headlines and social activities around Helmerich and Payne. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Helmerich's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Helmerich's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Helmerich's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Helmerich.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Helmerich in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Helmerich's short interest history, or implied volatility extrapolated from Helmerich options trading.
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 ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Helmerich Stock analysis
When running Helmerich's price analysis, check to measure Helmerich'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 Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
CEOs Directory Screen CEOs from public companies around the world | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is Helmerich'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 Helmerich. If investors know Helmerich 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 Helmerich 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 (0.46) | Dividend Share 1 | Earnings Share 3.49 | Revenue Per Share 27.592 | Quarterly Revenue Growth (0.11) |
The market value of Helmerich and Payne is measured differently than its book value, which is the value of Helmerich that is recorded on the company's balance sheet. Investors also form their own opinion of Helmerich's value that differs from its market value or its book value, called intrinsic value, which is Helmerich'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 Helmerich's market value can be influenced by many factors that don't directly affect Helmerich'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 Helmerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helmerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helmerich'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.