| 2018 | 2019 | 2020 | 2021 (projected) | Cash and Equivalents | 2.73 B | 1.27 B | 1.46 B | 1.57 B | Total Assets | 108.78 B | 109 B | 125.35 B | 111.3 B |
Should I drop my Huntington (NASDAQ:HBAN) holdings?
 | By Ellen Johnson | Macroaxis Story |
Huntington Bancshares is scheduled to announce its earnings today. The next earnings report is expected on the 22nd of April 2021. The stock is still going through above-average trading activities. Huntington Bancshares Enterprise Value over EBIT is quite stable at the moment as compared to the past year. The company's current value of Enterprise Value over EBIT is estimated at 19.24. Price to Earnings Ratio is expected to rise to 11.84 this year, although the value of Net Income Per Employee will most likely fall to about 67.6 K. Although many aggressive traders are getting into financial services space, Huntington Bancshares Incorpora may or may not be your first choice.
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Reviewed by Raphi Shpitalnik
The company currently holds 9.51 B in liabilities with Debt to Equity (D/E) ratio of 9.77, indicating Huntington Bancshares may have difficulties to generate enough cash to satisfy its financial obligations. Our advice tool can cross-verify current analyst consensus on Huntington Bancshares and to analyze the company potential to grow in the current economic cycle. Huntington Bancshares financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Huntington Bancshares, including all of Huntington Bancshares's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Huntington Bancshares assets, the company is considered highly leveraged. Understanding the composition and structure of overall Huntington Bancshares debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding Huntington Total Debt
Huntington Bancshares liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Huntington Bancshares has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Huntington Bancshares balance sheet include debt obligations and money owed to different Huntington Bancshares vendors, workers, and loan providers. Below is the chart of Huntington main long-term debt accounts currently reported on its balance sheet. You can use Huntington Bancshares Incorporated financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Huntington Bancshares's Liquidity
Huntington Bancshares financial leverage refers to using borrowed capital as a funding source to finance Huntington Bancshares Incorporated ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Huntington Bancshares financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Huntington Bancshares' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Huntington Bancshares' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Huntington Bancshares's total debt and its cash.
Breaking down Huntington Bancshares Indicators
The latest price rise of Huntington Bancshares may raise some interest from institutional investors. The stock closed today at a share price of 13.84 on 31,481,580 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in February. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.62. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Huntington Bancshares Incorpora partners.
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