Hewlett Net Income From Continuing Ops vs Minority Interest Analysis

HPE Stock  USD 17.86  0.03  0.17%   
Hewlett Packard financial indicator trend analysis is much more than just examining Hewlett Packard Ente latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hewlett Packard Ente is a good investment. Please check the relationship between Hewlett Packard Net Income From Continuing Ops and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hewlett Packard Enterprise. 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.

Net Income From Continuing Ops vs Minority Interest

Net Income From Continuing Ops vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hewlett Packard Ente Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hewlett Packard's Net Income From Continuing Ops and Minority Interest is 0.14. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Hewlett Packard Enterprise, assuming nothing else is changed. The correlation between historical values of Hewlett Packard's Net Income From Continuing Ops and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Hewlett Packard Enterprise are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income From Continuing Ops i.e., Hewlett Packard's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Hewlett Packard Enterprise whose combined shares represent less than 50% of the total outstanding shares issued by Hewlett Packard have a minority interest in Hewlett Packard.
Most indicators from Hewlett Packard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hewlett Packard Ente 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 Hewlett Packard Enterprise. 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 present, Hewlett Packard's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense188M156M140.4M133.4M
Depreciation And Amortization2.5B2.6B2.4B2.6B

Hewlett Packard fundamental ratios Correlations

0.84-0.620.87-0.230.930.560.890.86-0.88-0.770.140.85-0.830.12-0.460.140.850.9-0.21-0.780.870.98-0.270.470.79
0.84-0.240.850.110.80.770.950.79-0.63-0.470.490.99-0.590.46-0.080.490.770.870.2-0.570.720.830.220.620.98
-0.62-0.24-0.630.12-0.760.14-0.42-0.730.840.630.64-0.260.820.490.970.64-0.71-0.620.870.36-0.8-0.690.83-0.19-0.22
0.870.85-0.630.080.940.410.920.98-0.78-0.68-0.020.84-0.88-0.01-0.47-0.020.990.98-0.23-0.570.90.92-0.180.60.84
-0.230.110.120.080.04-0.020.060.090.030.530.10.00.110.170.030.10.060.00.120.550.07-0.170.450.00.23
0.930.8-0.760.940.040.420.890.96-0.94-0.7-0.040.79-0.890.01-0.63-0.040.940.95-0.37-0.610.950.96-0.320.490.78
0.560.770.140.41-0.020.420.670.34-0.37-0.270.80.78-0.110.870.250.80.280.470.53-0.550.340.470.470.50.73
0.890.95-0.420.920.060.890.670.89-0.75-0.630.310.95-0.740.32-0.260.310.870.950.03-0.690.810.90.050.550.92
0.860.79-0.730.980.090.960.340.89-0.84-0.7-0.120.79-0.9-0.06-0.61-0.120.980.97-0.37-0.560.930.92-0.30.520.77
-0.88-0.630.84-0.780.03-0.94-0.37-0.75-0.840.680.12-0.620.830.010.750.12-0.81-0.810.50.61-0.92-0.890.46-0.34-0.62
-0.77-0.470.63-0.680.53-0.7-0.27-0.63-0.70.680.17-0.550.770.160.490.17-0.69-0.730.330.88-0.64-0.780.48-0.34-0.37
0.140.490.64-0.020.1-0.040.80.31-0.120.120.170.460.30.880.71.0-0.140.030.87-0.22-0.140.030.820.170.5
0.850.99-0.260.840.00.790.780.950.79-0.62-0.550.46-0.580.46-0.10.460.760.880.18-0.630.70.840.160.640.94
-0.83-0.590.82-0.880.11-0.89-0.11-0.74-0.90.830.770.3-0.580.360.680.3-0.94-0.880.520.62-0.85-0.890.5-0.35-0.58
0.120.460.49-0.010.170.010.870.32-0.060.010.160.880.460.360.510.88-0.150.050.72-0.18-0.030.010.710.240.44
-0.46-0.080.97-0.470.03-0.630.25-0.26-0.610.750.490.7-0.10.680.510.7-0.55-0.460.940.2-0.7-0.530.85-0.06-0.07
0.140.490.64-0.020.1-0.040.80.31-0.120.120.171.00.460.30.880.7-0.140.030.87-0.22-0.140.030.820.170.5
0.850.77-0.710.990.060.940.280.870.98-0.81-0.69-0.140.76-0.94-0.15-0.55-0.140.97-0.34-0.560.90.92-0.280.550.76
0.90.87-0.620.980.00.950.470.950.97-0.81-0.730.030.88-0.880.05-0.460.030.97-0.22-0.660.870.95-0.20.590.83
-0.210.20.87-0.230.12-0.370.530.03-0.370.50.330.870.180.520.720.940.87-0.34-0.22-0.01-0.46-0.30.940.10.21
-0.78-0.570.36-0.570.55-0.61-0.55-0.69-0.560.610.88-0.22-0.630.62-0.180.2-0.22-0.56-0.66-0.01-0.53-0.730.18-0.27-0.47
0.870.72-0.80.90.070.950.340.810.93-0.92-0.64-0.140.7-0.85-0.03-0.7-0.140.90.87-0.46-0.530.9-0.390.350.72
0.980.83-0.690.92-0.170.960.470.90.92-0.89-0.780.030.84-0.890.01-0.530.030.920.95-0.3-0.730.9-0.330.50.79
-0.270.220.83-0.180.45-0.320.470.05-0.30.460.480.820.160.50.710.850.82-0.28-0.20.940.18-0.39-0.330.090.27
0.470.62-0.190.60.00.490.50.550.52-0.34-0.340.170.64-0.350.24-0.060.170.550.590.1-0.270.350.50.090.58
0.790.98-0.220.840.230.780.730.920.77-0.62-0.370.50.94-0.580.44-0.070.50.760.830.21-0.470.720.790.270.58
Click cells to compare fundamentals

Hewlett Packard Account Relationship Matchups

Hewlett Packard fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.2B1.3B
Total Assets54.0B57.7B57.1B57.2B51.4B50.1B
Short Long Term Debt Total15.9B13.4B12.5B12.4B14.2B12.9B
Other Current Liab6.2B6.7B6.4B6.2B5.6B5.9B
Total Current Liabilities18.7B20.7B23.2B21.9B25.2B22.5B
Total Stockholder Equity16.0B20.0B19.9B21.2B19.1B20.3B
Other Liab6.1B7.1B6.2B5.4B4.9B6.1B
Property Plant And Equipment Net5.6B5.6B5.8B6.0B5.4B5.7B
Current Deferred Revenue3.4B3.4B3.5B3.7B3.3B3.2B
Net Debt11.7B9.5B8.3B8.1B9.3B6.7B
Accounts Payable5.4B7.0B8.7B7.1B8.2B6.7B
Cash4.2B4.0B4.2B4.3B3.8B4.5B
Non Current Assets Total37.5B38.8B36.6B38.2B34.4B33.0B
Non Currrent Assets Other8.8B9.6B8.4B9.1B10.5B7.4B
Other Assets4.0B5.7B5.2B5.2B4.7B5.3B
Long Term Debt12.2B9.9B7.9B7.5B8.6B9.6B
Cash And Short Term Investments4.2B4.0B4.2B4.3B3.8B4.5B
Net Receivables7.2B7.9B7.6B7.0B6.3B7.4B
Liabilities And Stockholders Equity54.0B57.7B57.1B57.2B51.4B50.1B
Non Current Liabilities Total19.2B17.0B14.0B14.0B16.1B18.4B
Inventory2.7B4.5B5.2B4.6B5.3B3.2B
Other Current Assets2.4B2.5B3.6B3.0B2.7B2.8B
Other Stockholder Equity28.4B28.5B28.3B28.2B25.4B26.1B
Total Liab37.9B37.7B37.2B35.9B41.3B40.9B
Property Plant And Equipment Gross6.6B12.4B5.8B6.0B5.4B6.2B
Total Current Assets16.6B18.9B20.5B18.9B17.1B17.1B
Accumulated Other Comprehensive Income(3.9B)(2.9B)(3.1B)(3.1B)(3.5B)(3.7B)
Short Term Debt3.8B3.6B4.6B4.9B5.6B3.3B
Intangible Assets1.1B1.0B733M654M588.6M1.1B
Property Plant Equipment5.6B5.6B5.8B2.9B2.6B4.3B
Net Tangible Assets(3.0B)643M1.7B2.5B2.3B2.8B
Retained Earnings(8.4B)(5.6B)(5.4B)(3.9B)(3.6B)(3.7B)
Deferred Long Term Liab76M95M124M138M124.2M118.0M
Long Term Investments2.2B2.2B2.2B2.2B2.0B2.0B
Short Long Term Debt3.8B3.6B4.6B4.9B5.6B3.4B
Retained Earnings Total Equity(7.6B)(8.4B)(5.6B)(5.4B)(4.8B)(5.1B)

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When determining whether Hewlett Packard Ente is a strong investment it is important to analyze Hewlett Packard's 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 Hewlett Packard's future performance. For an informed investment choice regarding Hewlett Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hewlett Packard Enterprise. 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.
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Is Hewlett Packard'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 Hewlett Packard. If investors know Hewlett 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 Hewlett Packard 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
(0.24)
Dividend Share
0.49
Earnings Share
1.45
Revenue Per Share
21.605
Quarterly Revenue Growth
(0.14)
The market value of Hewlett Packard Ente is measured differently than its book value, which is the value of Hewlett that is recorded on the company's balance sheet. Investors also form their own opinion of Hewlett Packard's value that differs from its market value or its book value, called intrinsic value, which is Hewlett Packard'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 Hewlett Packard's market value can be influenced by many factors that don't directly affect Hewlett Packard'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 Hewlett Packard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hewlett Packard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hewlett Packard'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.