Halliburton Financials

HAL Stock  USD 32.92  0.85  2.52%   
Based on the analysis of Halliburton's profitability, liquidity, and operating efficiency, Halliburton is performing exceptionally good at this time. It has a great probability to report excellent financial results in July. At this time, Halliburton's Other Liabilities is quite stable compared to the past year. Current Deferred Revenue is expected to rise to about 1.5 B this year, although the value of Short and Long Term Debt Total will most likely fall to about 4.7 B. Key indicators impacting Halliburton's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.490.938
Way Down
Slightly volatile
Current Ratio2.682.0583
Significantly Up
Slightly volatile
The financial analysis of Halliburton is a critical element in measuring its lifeblood. Investors should not minimize Halliburton's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

2.12 Billion

  
Understanding current and past Halliburton Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Halliburton's financial statements are interrelated, with each one affecting the others. For example, an increase in Halliburton's assets may result in an increase in income on the income statement.

Halliburton Earnings Geography

The data published in Halliburton's official financial statements typically reflect Halliburton's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Halliburton's quantitative information. For example, before you start analyzing numbers published by Halliburton accountants, it’s essential to understand Halliburton's liquidity, profitability, and earnings quality within the context of the Energy Equipment & Services space in which it operates.

Halliburton Stock Summary

Halliburton competes with Now, and Oceaneering International. Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.
Foreign Associates
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4062161017
CUSIP406216101
LocationTexas; U.S.A
Business Address3000 North Sam
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.halliburton.com
Phone281 871 2699
CurrencyUSD - US Dollar

Halliburton Key Financial Ratios

There are many critical financial ratios that Halliburton's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Halliburton reports annually and quarterly.

Halliburton Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets25.4B20.7B22.3B23.3B24.7B16.5B
Other Current Liab1.6B1.4B1.2B(636M)750M1.5B
Net Debt9.1B8.3B7.2B6.6B6.5B6.9B
Retained Earnings12.0B8.7B9.7B10.6B12.5B8.0B
Cash2.3B2.6B3.0B2.3B2.3B1.9B
Net Receivables4.6B3.1B3.7B4.6B4.9B3.9B
Inventory3.1B2.3B2.4B2.9B3.2B1.6B
Other Current Assets1.2B1.5B872M1.1B1.2B866.6M
Total Liab17.4B15.7B15.6B15.3B15.3B9.6B
Total Current Assets11.2B9.5B9.9B11.0B11.5B8.5B
Short Term Debt208M946M247M224M262M356.6M
Accounts Payable2.4B1.6B2.4B3.1B3.1B1.6B
Common Stock2.7B2.7B2.7B2.7B2.7B2.5B
Other Liab1.3B1.2B1.4B1.1B989.1M1.3B
Other Assets3.0B4.1B4.3B4.2B4.8B2.7B
Long Term Debt10.3B9.1B9.1B7.9B7.6B6.7B
Good Will2.8B2.8B2.8B2.8B2.9B1.9B
Treasury Stock(6.4B)(6.0B)(5.5B)(5.1B)(4.6B)(4.8B)
Net Tangible Assets5.2B2.2B3.9B5.1B4.6B6.6B

Halliburton Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense569M505M469M375M395M211.3M
Total Revenue22.4B14.4B15.3B20.3B23.0B16.6B
Gross Profit2.3B1.5B2.0B3.3B23.0B24.2B
Operating Income(553M)1.4B1.8B2.7B4.1B4.3B
Ebit(553M)1.4B1.8B2.7B4.1B4.3B
Ebitda1.1B(1.7B)2.6B3.4B4.1B2.1B
Cost Of Revenue20.1B12.9B13.3B17.0B18.6B14.6B
Income Before Tax(1.1B)(3.2B)1.3B2.1B3.4B3.5B
Net Income(1.1B)(2.9B)1.5B1.6B2.6B2.8B
Income Tax Expense7M(278M)(216M)515M(701M)(666.0M)
Research Development404M309M321M345M408M382.7M
Minority Interest2M(3M)(11M)(23M)(27M)(25.7M)
Non Recurring2.5B3.8B12M366M329.4M312.9M
Tax Provision7M(278M)(216M)515M710M745.5M
Interest Income569M505M469M375M81M77.0M
Net Interest Income(569M)(505M)(469M)(375M)(338M)(354.9M)

Halliburton Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(202M)340M(10M)(642M)(494M)(469.3M)
Change In Cash260M295M481M(698M)(82M)(77.9M)
Free Cash Flow915M1.2B1.1B1.2B2.1B2.2B
Depreciation1.6B1.1B904M940M998M942.7M
Other Non Cash Items4.1B4.5B644M578M(398M)(378.1M)
Capital Expenditures1.5B728M799M1.0B1.4B1.3B
Net Income(1.1B)(2.9B)1.5B1.6B2.7B2.8B
End Period Cash Flow2.3B2.6B3.0B2.3B2.3B2.0B
Investments(1.4B)(486M)(534M)(967M)(1.5B)(1.4B)
Change Receivables636M1.4B(500M)(1.2B)(1.3B)(1.3B)
Net Borrowings(13M)(1.7B)(700M)(1.2B)(1.1B)(1.1B)
Change To Netincome2.1B3.1B(735M)648M745.2M901.3M

Halliburton Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Halliburton's current stock value. Our valuation model uses many indicators to compare Halliburton value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Halliburton competition to find correlations between indicators driving Halliburton's intrinsic value. More Info.
Halliburton is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Halliburton is roughly  2.72 . At this time, Halliburton's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Halliburton by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Halliburton Systematic Risk

Halliburton's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Halliburton volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Halliburton correlated with the market. If Beta is less than 0 Halliburton generally moves in the opposite direction as compared to the market. If Halliburton Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Halliburton is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Halliburton is generally in the same direction as the market. If Beta > 1 Halliburton moves generally in the same direction as, but more than the movement of the benchmark.

Halliburton Thematic Clasifications

Halliburton is part of several thematic ideas from Climate Change to Petroleum and Natural Gas. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Halliburton Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Halliburton's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Halliburton growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, Halliburton's Price Earnings To Growth Ratio is quite stable compared to the past year.

Halliburton June 15, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Halliburton help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Halliburton. We use our internally-developed statistical techniques to arrive at the intrinsic value of Halliburton based on widely used predictive technical indicators. In general, we focus on analyzing Halliburton Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Halliburton's daily price indicators and compare them against related drivers.

Additional Information and Resources on Investing in Halliburton Stock

When determining whether Halliburton is a strong investment it is important to analyze Halliburton'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 Halliburton's future performance. For an informed investment choice regarding Halliburton 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 Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Equipment & Services space 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 Halliburton. If investors know Halliburton 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 Halliburton 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
(0.06)
Dividend Share
0.65
Earnings Share
2.88
Revenue Per Share
25.853
Quarterly Revenue Growth
0.022
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton'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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton'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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton'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.