Helmerich Other Current Assets vs Treasury Stock Analysis

HP Stock

USD 40.39 0.05 0.12%

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 Other Current Assets and its Treasury Stock 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.

Other Current Assets vs Treasury Stock

Other Current Assets vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helmerich and Payne Other Current Assets account and Treasury Stock. At this time, the significance of the direction appears to have no relationship.

The correlation between Helmerich's Other Current Assets and Treasury Stock is 0.07. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Treasury Stock 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 Other Current Assets and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Helmerich and Payne are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Other Current Assets i.e., Helmerich's Other Current Assets and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Treasury Stock

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 04/26/2024, 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

Cost Of Revenue Ebitda

Helmerich fundamental ratios Correlations

	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		-0.03	0.41	0.32	0.99	0.99	-0.49	0.98	0.52	0.99	-0.1	0.46	0.73	0.6	0.93	0.83	0.75	0.6	0.93	0.86	-0.09	0.64	-0.17	0.73	0.72	0.49
Short Long Term Debt Total	-0.03		0.52	0.58	-0.15	-0.12	0.56	-0.15	0.42	-0.12	-0.47	0.54	-0.34	-0.29	0.13	0.18	-0.57	0.16	0.26	0.32	0.38	-0.22	0.22	0.44	0.44	0.5
Other Current Liab	0.41	0.52		0.6	0.32	0.35	0.08	0.32	0.43	0.35	-0.48	0.46	0.24	-0.09	0.49	0.39	-0.03	0.24	0.57	0.57	-0.08	0.36	0.19	0.63	0.63	0.42
Total Current Liabilities	0.32	0.58	0.6		0.24	0.21	0.17	0.22	0.4	0.24	-0.3	0.47	0.26	-0.02	0.21	0.17	-0.1	0.27	0.48	0.59	0.71	0.34	0.39	0.56	0.57	-0.01
Total Stockholder Equity	0.99	-0.15	0.32	0.24		0.99	-0.54	1.0	0.44	0.99	-0.01	0.37	0.76	0.61	0.88	0.81	0.83	0.58	0.85	0.79	-0.14	0.65	-0.15	0.66	0.66	0.42
Property Plant And Equipment Net	0.99	-0.12	0.35	0.21	0.99		-0.52	0.99	0.46	1.0	-0.06	0.38	0.73	0.62	0.91	0.83	0.82	0.6	0.88	0.79	-0.18	0.62	-0.21	0.66	0.65	0.49
Net Debt	-0.49	0.56	0.08	0.17	-0.54	-0.52		-0.53	-0.52	-0.48	-0.42	-0.39	-0.19	-0.59	-0.38	-0.15	-0.66	-0.32	-0.32	-0.41	0.12	-0.04	0.62	0.12	0.13	-0.09
Retained Earnings	0.98	-0.15	0.32	0.22	1.0	0.99	-0.53		0.44	0.99	-0.01	0.36	0.76	0.57	0.88	0.82	0.81	0.53	0.85	0.78	-0.17	0.66	-0.14	0.67	0.66	0.43
Cash	0.52	0.42	0.43	0.4	0.44	0.46	-0.52	0.44		0.42	-0.03	0.98	-0.13	0.38	0.58	0.38	0.15	0.55	0.64	0.8	0.26	-0.17	-0.46	0.33	0.33	0.62
Non Current Assets Total	0.99	-0.12	0.35	0.24	0.99	1.0	-0.48	0.99	0.42		-0.07	0.35	0.77	0.6	0.91	0.83	0.81	0.57	0.88	0.78	-0.16	0.67	-0.16	0.69	0.69	0.45
Non Currrent Assets Other	-0.1	-0.47	-0.48	-0.3	-0.01	-0.06	-0.42	-0.01	-0.03	-0.07		-0.09	-0.12	0.1	-0.22	-0.28	0.17	-0.14	-0.27	-0.16	0.03	-0.24	-0.08	-0.3	-0.3	-0.36
Cash And Short Term Investments	0.46	0.54	0.46	0.47	0.37	0.38	-0.39	0.36	0.98	0.35	-0.09		-0.17	0.33	0.54	0.36	0.02	0.55	0.63	0.8	0.34	-0.19	-0.4	0.38	0.37	0.62
Net Receivables	0.73	-0.34	0.24	0.26	0.76	0.73	-0.19	0.76	-0.13	0.77	-0.12	-0.17		0.34	0.56	0.55	0.66	0.2	0.58	0.45	-0.15	0.97	0.24	0.58	0.58	-0.05
Common Stock Shares Outstanding	0.6	-0.29	-0.09	-0.02	0.61	0.62	-0.59	0.57	0.38	0.6	0.1	0.33	0.34		0.52	0.5	0.69	0.77	0.52	0.49	0.07	0.18	-0.61	0.12	0.11	0.24
Non Current Liabilities Total	0.93	0.13	0.49	0.21	0.88	0.91	-0.38	0.88	0.58	0.91	-0.22	0.54	0.56	0.52		0.82	0.6	0.55	0.95	0.83	-0.23	0.51	-0.29	0.72	0.72	0.7
Inventory	0.83	0.18	0.39	0.17	0.81	0.83	-0.15	0.82	0.38	0.83	-0.28	0.36	0.55	0.5	0.82		0.58	0.65	0.79	0.69	-0.22	0.48	-0.09	0.71	0.71	0.7
Other Current Assets	0.75	-0.57	-0.03	-0.1	0.83	0.82	-0.66	0.81	0.15	0.81	0.17	0.02	0.66	0.69	0.6	0.58		0.48	0.51	0.4	-0.25	0.5	-0.3	0.2	0.2	0.14
Other Stockholder Equity	0.6	0.16	0.24	0.27	0.58	0.6	-0.32	0.53	0.55	0.57	-0.14	0.55	0.2	0.77	0.55	0.65	0.48		0.6	0.63	0.19	0.08	-0.42	0.4	0.39	0.46
Total Liab	0.93	0.26	0.57	0.48	0.85	0.88	-0.32	0.85	0.64	0.88	-0.27	0.63	0.58	0.52	0.95	0.79	0.51	0.6		0.93	0.04	0.56	-0.18	0.8	0.8	0.6
Total Current Assets	0.86	0.32	0.57	0.59	0.79	0.79	-0.41	0.78	0.8	0.78	-0.16	0.8	0.45	0.49	0.83	0.69	0.4	0.63	0.93		0.22	0.42	-0.18	0.74	0.73	0.55
Short Term Debt	-0.09	0.38	-0.08	0.71	-0.14	-0.18	0.12	-0.17	0.26	-0.16	0.03	0.34	-0.15	0.07	-0.23	-0.22	-0.25	0.19	0.04	0.22		-0.14	0.18	0.05	0.05	-0.31
Accounts Payable	0.64	-0.22	0.36	0.34	0.65	0.62	-0.04	0.66	-0.17	0.67	-0.24	-0.19	0.97	0.18	0.51	0.48	0.5	0.08	0.56	0.42	-0.14		0.32	0.6	0.6	-0.06
Property Plant And Equipment Gross	-0.17	0.22	0.19	0.39	-0.15	-0.21	0.62	-0.14	-0.46	-0.16	-0.08	-0.4	0.24	-0.61	-0.29	-0.09	-0.3	-0.42	-0.18	-0.18	0.18	0.32		0.36	0.37	-0.43
Common Stock Total Equity	0.73	0.44	0.63	0.56	0.66	0.66	0.12	0.67	0.33	0.69	-0.3	0.38	0.58	0.12	0.72	0.71	0.2	0.4	0.8	0.74	0.05	0.6	0.36		1.0	0.41
Common Stock	0.72	0.44	0.63	0.57	0.66	0.65	0.13	0.66	0.33	0.69	-0.3	0.37	0.58	0.11	0.72	0.71	0.2	0.39	0.8	0.73	0.05	0.6	0.37	1.0		0.41
Other Liab	0.49	0.5	0.42	-0.01	0.42	0.49	-0.09	0.43	0.62	0.45	-0.36	0.62	-0.05	0.24	0.7	0.7	0.14	0.46	0.6	0.55	-0.31	-0.06	-0.43	0.41	0.41

Click cells to compare fundamentals

Helmerich Account Relationship Matchups

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 Architect

When determining whether Helmerich and Payne is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Helmerich Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Helmerich And Payne Stock. Highlighted below are key reports to facilitate an investment decision about Helmerich And Payne Stock:

How To Invest In Helmerich

Details

Is Helmerich Stock a good investment?

Details

What is Helmerich's Net Worth?

Details

Largest Energy Equipment & Services Companies

View

Largest Oil & Gas Drilling Companies

View

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.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.

	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Stocks Directory Find actively traded stocks across global markets
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope

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

Earnings Share

4.19

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.

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

Helmerich Other Current Assets vs Treasury Stock Analysis

Other Current Assets vs Treasury Stock

Other Current Assets vs Treasury Stock Correlation Analysis

Correlation Coefficient

Other Current Assets

Treasury Stock

Helmerich fundamental ratios Correlations

Helmerich Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Helmerich fundamental ratios Accounts

Helmerich Investors Sentiment

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

Complementary Tools for Helmerich Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Current Assets	- 0.66	Net Debt
Property Plant And Equipment Gross	- 0.61	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.59	Net Debt
Other Current Assets	- 0.57	Short Long Term Debt Total
Net Debt	- 0.54	Total Stockholder Equity
Retained Earnings	- 0.53	Net Debt