Halliburton Inventory vs Cash and Equivalents Analysis

HAL Stock

USD 38.04 0.40 1.04%

Halliburton financial indicator trend analysis is much more than just examining Halliburton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halliburton is a good investment. Please check the relationship between Halliburton Inventory and its Cash And Equivalents accounts. 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 tightly coupled 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.

Inventory vs Cash And Equivalents

Inventory vs Cash and Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Inventory account and Cash and Equivalents. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Halliburton's Inventory and Cash and Equivalents is -0.09. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Inventory and Cash and Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Halliburton are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Inventory i.e., Halliburton's Inventory and Cash and Equivalents go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Cash And Equivalents

Most indicators from Halliburton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halliburton 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 Halliburton. Also, note that the market value of any company could be tightly coupled 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.At this time, Halliburton's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 154.7 M this year, although the value of Discontinued Operations is projected to rise to (20.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	3.3B	23.0B	24.2B
Total Revenue	15.3B	20.3B	23.0B	16.6B

Gross Profit Total Revenue

Halliburton fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.69	0.44	0.86	0.82	0.89	0.34	0.92	0.64	0.94	0.86	0.64	0.84	0.72	0.79	0.78	0.78	-0.83	0.85	0.95	0.36	0.61	0.43	0.36	0.76	0.8
Short Long Term Debt Total	0.69		0.23	0.61	0.16	0.39	0.75	0.4	0.66	0.67	0.44	0.66	0.27	0.52	0.98	0.4	0.42	-0.78	0.95	0.64	0.07	0.46	0.53	0.04	0.61	0.63
Other Current Liab	0.44	0.23		0.07	0.49	0.6	-0.02	0.53	0.45	0.35	0.46	0.46	0.31	0.06	0.29	0.06	0.41	-0.37	0.25	0.48	0.45	-0.28	-0.08	0.26	0.09	0.16
Total Current Liabilities	0.86	0.61	0.07		0.62	0.68	0.5	0.73	0.33	0.88	0.65	0.33	0.83	0.83	0.7	0.91	0.75	-0.8	0.81	0.76	0.29	0.87	0.69	0.46	0.89	0.87
Total Stockholder Equity	0.82	0.16	0.49	0.62		0.9	-0.21	0.95	0.45	0.72	0.83	0.46	0.87	0.5	0.3	0.66	0.71	-0.47	0.4	0.82	0.43	0.36	0.06	0.4	0.48	0.51
Property Plant And Equipment Net	0.89	0.39	0.6	0.68	0.9		0.12	0.97	0.41	0.87	0.86	0.41	0.9	0.55	0.53	0.73	0.67	-0.7	0.6	0.82	0.4	0.44	0.19	0.34	0.55	0.62
Net Debt	0.34	0.75	-0.02	0.5	-0.21	0.12		0.04	0.08	0.48	0.16	0.07	0.15	0.52	0.74	0.35	0.13	-0.72	0.72	0.17	-0.14	0.53	0.8	0.19	0.58	0.6
Retained Earnings	0.92	0.4	0.53	0.73	0.95	0.97	0.04		0.51	0.86	0.89	0.51	0.91	0.56	0.53	0.74	0.74	-0.68	0.61	0.89	0.44	0.47	0.18	0.38	0.58	0.62
Cash	0.64	0.66	0.45	0.33	0.45	0.41	0.08	0.51		0.39	0.51	1.0	0.21	0.23	0.65	0.08	0.49	-0.42	0.61	0.8	0.27	0.03	0.06	0.11	0.28	0.32
Non Current Assets Total	0.94	0.67	0.35	0.88	0.72	0.87	0.48	0.86	0.39		0.82	0.39	0.85	0.79	0.78	0.87	0.67	-0.86	0.85	0.8	0.25	0.71	0.52	0.32	0.82	0.85
Non Currrent Assets Other	0.86	0.44	0.46	0.65	0.83	0.86	0.16	0.89	0.51	0.82		0.51	0.79	0.55	0.56	0.6	0.55	-0.69	0.61	0.8	0.25	0.43	0.27	0.48	0.6	0.62
Cash And Short Term Investments	0.64	0.66	0.46	0.33	0.46	0.41	0.07	0.51	1.0	0.39	0.51		0.21	0.24	0.64	0.08	0.49	-0.42	0.6	0.8	0.27	0.02	0.06	0.11	0.28	0.32
Net Receivables	0.84	0.27	0.31	0.83	0.87	0.9	0.15	0.91	0.21	0.85	0.79	0.21		0.67	0.42	0.86	0.68	-0.68	0.54	0.74	0.35	0.69	0.39	0.51	0.67	0.7
Common Stock Shares Outstanding	0.72	0.52	0.06	0.83	0.5	0.55	0.52	0.56	0.23	0.79	0.55	0.24	0.67		0.61	0.8	0.63	-0.7	0.7	0.6	0.27	0.7	0.78	0.42	0.96	0.98
Non Current Liabilities Total	0.79	0.98	0.29	0.7	0.3	0.53	0.74	0.53	0.65	0.78	0.56	0.64	0.42	0.61		0.52	0.5	-0.86	0.98	0.72	0.13	0.53	0.56	0.12	0.69	0.72
Inventory	0.78	0.4	0.06	0.91	0.66	0.73	0.35	0.74	0.08	0.87	0.6	0.08	0.86	0.8	0.52		0.69	-0.67	0.65	0.62	0.22	0.83	0.54	0.37	0.82	0.8
Other Current Assets	0.78	0.42	0.41	0.75	0.71	0.67	0.13	0.74	0.49	0.67	0.55	0.49	0.68	0.63	0.5	0.69		-0.56	0.59	0.79	0.68	0.37	0.36	0.34	0.64	0.66
Other Stockholder Equity	-0.83	-0.78	-0.37	-0.8	-0.47	-0.7	-0.72	-0.68	-0.42	-0.86	-0.69	-0.42	-0.68	-0.7	-0.86	-0.67	-0.56		-0.9	-0.72	-0.28	-0.62	-0.67	-0.41	-0.76	-0.81
Total Liab	0.85	0.95	0.25	0.81	0.4	0.6	0.72	0.61	0.61	0.85	0.61	0.6	0.54	0.7	0.98	0.65	0.59	-0.9		0.77	0.17	0.64	0.62	0.21	0.78	0.8
Total Current Assets	0.95	0.64	0.48	0.76	0.82	0.82	0.17	0.89	0.8	0.8	0.8	0.8	0.74	0.6	0.72	0.62	0.79	-0.72	0.77		0.42	0.45	0.3	0.37	0.64	0.67
Short Term Debt	0.36	0.07	0.45	0.29	0.43	0.4	-0.14	0.44	0.27	0.25	0.25	0.27	0.35	0.27	0.13	0.22	0.68	-0.28	0.17	0.42		-0.13	0.01	0.1	0.23	0.28
Accounts Payable	0.61	0.46	-0.28	0.87	0.36	0.44	0.53	0.47	0.03	0.71	0.43	0.02	0.69	0.7	0.53	0.83	0.37	-0.62	0.64	0.45	-0.13		0.68	0.37	0.76	0.71
Intangible Assets	0.43	0.53	-0.08	0.69	0.06	0.19	0.8	0.18	0.06	0.52	0.27	0.06	0.39	0.78	0.56	0.54	0.36	-0.67	0.62	0.3	0.01	0.68		0.58	0.82	0.8
Property Plant And Equipment Gross	0.36	0.04	0.26	0.46	0.4	0.34	0.19	0.38	0.11	0.32	0.48	0.11	0.51	0.42	0.12	0.37	0.34	-0.41	0.21	0.37	0.1	0.37	0.58		0.52	0.42
Common Stock Total Equity	0.76	0.61	0.09	0.89	0.48	0.55	0.58	0.58	0.28	0.82	0.6	0.28	0.67	0.96	0.69	0.82	0.64	-0.76	0.78	0.64	0.23	0.76	0.82	0.52		0.97
Common Stock	0.8	0.63	0.16	0.87	0.51	0.62	0.6	0.62	0.32	0.85	0.62	0.32	0.7	0.98	0.72	0.8	0.66	-0.81	0.8	0.67	0.28	0.71	0.8	0.42	0.97

Click cells to compare fundamentals

Halliburton Account Relationship Matchups

Halliburton fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.4B	20.7B	22.3B	23.3B	24.7B	16.5B
Short Long Term Debt Total	11.3B	10.8B	10.2B	8.9B	8.8B	4.7B
Other Current Liab	1.6B	1.4B	1.2B	(636M)	750M	1.5B
Total Current Liabilities	4.9B	4.4B	4.3B	5.3B	5.6B	3.7B
Total Stockholder Equity	8.0B	5.0B	6.7B	7.9B	9.4B	6.8B
Property Plant And Equipment Net	8.2B	5.1B	5.3B	5.3B	6.0B	4.9B
Net Debt	9.1B	8.3B	7.2B	6.6B	6.5B	6.9B
Retained Earnings	12.0B	8.7B	9.7B	10.6B	12.5B	8.0B
Cash	2.3B	2.6B	3.0B	2.3B	2.3B	1.9B
Non Current Assets Total	14.2B	11.2B	12.4B	12.3B	13.1B	8.2B
Non Currrent Assets Other	1.4B	1.1B	1.2B	1.6B	1.8B	1.5B
Cash And Short Term Investments	2.3B	2.6B	3.0B	2.3B	2.3B	1.9B
Net Receivables	4.6B	3.1B	3.7B	4.6B	4.9B	3.9B
Common Stock Shares Outstanding	877M	875M	881M	892M	908M	831.2M
Liabilities And Stockholders Equity	25.4B	20.7B	22.3B	23.3B	24.7B	16.5B
Non Current Liabilities Total	12.5B	11.3B	11.3B	9.9B	9.6B	6.0B
Inventory	3.1B	2.3B	2.4B	2.9B	3.2B	1.6B
Other Current Assets	1.2B	1.5B	872M	1.1B	1.2B	866.6M
Other Stockholder Equity	(6.3B)	(6.0B)	(5.5B)	(5.1B)	(5.5B)	(5.2B)
Total Liab	17.4B	15.7B	15.6B	15.3B	15.3B	9.6B
Total Current Assets	11.2B	9.5B	9.9B	11.0B	11.5B	8.5B
Short Term Debt	208M	946M	247M	224M	262M	356.6M
Accounts Payable	2.4B	1.6B	2.4B	3.1B	3.1B	1.6B
Property Plant And Equipment Gross	8.2B	5.1B	5.3B	5.3B	18.1B	19.0B
Common Stock Total Equity	2.7B	2.7B	2.7B	2.7B	3.1B	2.5B
Common Stock	2.7B	2.7B	2.7B	2.7B	2.7B	2.5B
Other Liab	1.3B	1.2B	1.4B	1.1B	989.1M	1.3B
Current Deferred Revenue	604M	517M	493M	2.6B	1.4B	1.5B
Other Assets	3.0B	4.1B	4.3B	4.2B	4.8B	2.7B
Long Term Debt	10.3B	9.1B	9.1B	7.9B	7.6B	6.7B
Good Will	2.8B	2.8B	2.8B	2.8B	2.9B	1.9B
Treasury Stock	(6.4B)	(6.0B)	(5.5B)	(5.1B)	(4.6B)	(4.8B)
Property Plant Equipment	7.3B	4.3B	5.3B	5.3B	6.1B	6.8B
Net Tangible Assets	5.2B	2.2B	3.9B	5.1B	4.6B	6.6B
Noncontrolling Interest In Consolidated Entity	22M	13M	9M	15M	26.1M	17.4M
Retained Earnings Total Equity	12.0B	8.7B	9.7B	10.6B	9.5B	10.1B

Halliburton Investors Sentiment

The influence of Halliburton's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Halliburton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Halliburton's public news can be used to forecast risks associated with an investment in Halliburton. The trend in average sentiment can be used to explain how an investor holding Halliburton can time the market purely based on public headlines and social activities around Halliburton. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Halliburton's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Halliburton's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Halliburton's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Halliburton.

Halliburton Implied Volatility

67.75

Halliburton's implied volatility exposes the market's sentiment of Halliburton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Halliburton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Halliburton stock will not fluctuate a lot when Halliburton's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Halliburton in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Halliburton's short interest history, or implied volatility extrapolated from Halliburton options trading.

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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:

How To Invest In Halliburton

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Is Halliburton Stock a good investment?

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What is Halliburton's Net Worth?

Details

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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 tightly coupled 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.

Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Halliburton Stock analysis

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

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Is Halliburton'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 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

0.013

Dividend Share

0.64

Earnings Share

2.92

Revenue Per Share

25.604

Quarterly Revenue Growth

0.028

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.

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Halliburton Inventory vs Cash and Equivalents Analysis

Inventory vs Cash And Equivalents

Inventory vs Cash and Equivalents Correlation Analysis

Correlation Coefficient

Inventory

Cash And Equivalents

Halliburton fundamental ratios Correlations

Halliburton Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Halliburton fundamental ratios Accounts

Halliburton Investors Sentiment

Halliburton Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Halliburton Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Common Stock	+ 0.98	Common Stock Shares Outstanding
Total Liab	+ 0.98	Non Current Liabilities Total
Retained Earnings	+ 0.97	Property Plant And Equipment Net
Common Stock	+ 0.97	Common Stock Total Equity

Total Liab	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Non Current Liabilities Total
Other Stockholder Equity	- 0.86	Non Current Assets Total
Other Stockholder Equity	- 0.83	Total Assets
Common Stock	- 0.81	Other Stockholder Equity
Other Stockholder Equity	- 0.8	Total Current Liabilities