Hewlett Non Recurring vs Non Operating Income Net Other 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 Non Recurring and its Non Operating Income Net Other 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 Recurring vs Non Operating Income Net Other

Non Recurring vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hewlett Packard Ente Non Recurring account and Non Operating Income Net Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Hewlett Packard's Non Recurring and Non Operating Income Net Other is 0.04. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Non Operating Income Net Other 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 Recurring and Non Operating Income Net Other 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 Recurring of Hewlett Packard Enterprise are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Non Recurring i.e., Hewlett Packard's Non Recurring and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Non Operating Income Net Other

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 2023 2024 (projected)
Gross Profit9.5B9.2B9.5B
Total Revenue28.5B26.2B31.8B

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.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Hewlett Packard's price analysis, check to measure Hewlett Packard'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 Hewlett Packard is operating at the current time. Most of Hewlett Packard's value examination focuses on studying past and present price action to predict the probability of Hewlett Packard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hewlett Packard's price. Additionally, you may evaluate how the addition of Hewlett Packard to your portfolios can decrease your overall portfolio volatility.
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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.