Hewlett Non Current Assets Total vs Total Assets Analysis
HPE Stock | USD 18.52 0.34 1.87% |
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 Non Current Assets Total and its Total Assets 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.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hewlett Packard Ente Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Hewlett Packard's Non Current Assets Total and Total Assets is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets 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 Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Hewlett Packard Enterprise are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Hewlett Packard's Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Assets
Total assets refers to the total amount of Hewlett Packard assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hewlett Packard Ente books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 188M | 156M | 140.4M | 133.4M | Depreciation And Amortization | 2.5B | 2.6B | 2.4B | 2.6B |
Hewlett Packard fundamental ratios Correlations
Click cells to compare fundamentals
Hewlett Packard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hewlett Packard fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.3B | |
Total Assets | 54.0B | 57.7B | 57.1B | 57.2B | 51.4B | 50.1B | |
Short Long Term Debt Total | 15.9B | 13.4B | 12.5B | 12.4B | 14.2B | 12.9B | |
Other Current Liab | 6.2B | 6.7B | 6.4B | 6.2B | 5.6B | 5.9B | |
Total Current Liabilities | 18.7B | 20.7B | 23.2B | 21.9B | 25.2B | 22.5B | |
Total Stockholder Equity | 16.0B | 20.0B | 19.9B | 21.2B | 19.1B | 20.3B | |
Other Liab | 6.1B | 7.1B | 6.2B | 5.4B | 4.9B | 6.1B | |
Property Plant And Equipment Net | 5.6B | 5.6B | 5.8B | 6.0B | 5.4B | 5.7B | |
Current Deferred Revenue | 3.4B | 3.4B | 3.5B | 3.7B | 3.3B | 3.2B | |
Net Debt | 11.7B | 9.5B | 8.3B | 8.1B | 9.3B | 6.7B | |
Accounts Payable | 5.4B | 7.0B | 8.7B | 7.1B | 8.2B | 6.7B | |
Cash | 4.2B | 4.0B | 4.2B | 4.3B | 3.8B | 4.5B | |
Non Current Assets Total | 37.5B | 38.8B | 36.6B | 38.2B | 34.4B | 33.0B | |
Non Currrent Assets Other | 8.8B | 9.6B | 8.4B | 9.1B | 10.5B | 7.4B | |
Other Assets | 4.0B | 5.7B | 5.2B | 5.2B | 4.7B | 5.3B | |
Long Term Debt | 12.2B | 9.9B | 7.9B | 7.5B | 8.6B | 9.6B | |
Cash And Short Term Investments | 4.2B | 4.0B | 4.2B | 4.3B | 3.8B | 4.5B | |
Net Receivables | 7.2B | 7.9B | 7.6B | 7.0B | 6.3B | 7.4B | |
Liabilities And Stockholders Equity | 54.0B | 57.7B | 57.1B | 57.2B | 51.4B | 50.1B | |
Non Current Liabilities Total | 19.2B | 17.0B | 14.0B | 14.0B | 16.1B | 18.4B | |
Inventory | 2.7B | 4.5B | 5.2B | 4.6B | 5.3B | 3.2B | |
Other Current Assets | 2.4B | 2.5B | 3.6B | 3.0B | 2.7B | 2.8B | |
Other Stockholder Equity | 28.4B | 28.5B | 28.3B | 28.2B | 25.4B | 26.1B | |
Total Liab | 37.9B | 37.7B | 37.2B | 35.9B | 41.3B | 40.9B | |
Property Plant And Equipment Gross | 6.6B | 12.4B | 5.8B | 6.0B | 5.4B | 6.2B | |
Total Current Assets | 16.6B | 18.9B | 20.5B | 18.9B | 17.1B | 17.1B | |
Accumulated Other Comprehensive Income | (3.9B) | (2.9B) | (3.1B) | (3.1B) | (3.5B) | (3.7B) | |
Short Term Debt | 3.8B | 3.6B | 4.6B | 4.9B | 5.6B | 3.3B | |
Intangible Assets | 1.1B | 1.0B | 733M | 654M | 588.6M | 1.1B | |
Property Plant Equipment | 5.6B | 5.6B | 5.8B | 2.9B | 2.6B | 4.3B | |
Net Tangible Assets | (3.0B) | 643M | 1.7B | 2.5B | 2.3B | 2.8B | |
Retained Earnings | (8.4B) | (5.6B) | (5.4B) | (3.9B) | (3.6B) | (3.7B) | |
Deferred Long Term Liab | 76M | 95M | 124M | 138M | 124.2M | 118.0M | |
Long Term Investments | 2.2B | 2.2B | 2.2B | 2.2B | 2.0B | 2.0B | |
Short Long Term Debt | 3.8B | 3.6B | 4.6B | 4.9B | 5.6B | 3.4B | |
Retained Earnings Total Equity | (7.6B) | (8.4B) | (5.6B) | (5.4B) | (4.8B) | (5.1B) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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.