Hannon Non Currrent Assets Other vs Short Term Investments Analysis

HASI Stock  USD 33.29  0.47  1.43%   
Hannon Armstrong financial indicator trend analysis is much more than just examining Hannon Armstrong Sus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannon Armstrong Sus is a good investment. Please check the relationship between Hannon Armstrong Non Currrent Assets Other and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannon Armstrong Sustainable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Currrent Assets Other vs Short Term Investments

Non Currrent Assets Other vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannon Armstrong Sus Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hannon Armstrong's Non Currrent Assets Other and Short Term Investments is -0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Hannon Armstrong Sustainable, assuming nothing else is changed. The correlation between historical values of Hannon Armstrong's Non Currrent Assets Other and Short Term Investments 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 Currrent Assets Other of Hannon Armstrong Sustainable are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Hannon Armstrong's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Term Investments

Short Term Investments is an item under the current assets section of Hannon Armstrong balance sheet. It contains any investments Hannon Armstrong Sustainable undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hannon Armstrong Sus can easily liquidate in the marketplace.
Most indicators from Hannon Armstrong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannon Armstrong Sus 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 Hannon Armstrong Sustainable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Hannon Armstrong's Selling General Administrative is increasing as compared to previous years. The Hannon Armstrong's current Enterprise Value is estimated to increase to about 7.3 B, while Tax Provision is forecasted to increase to (11.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense121.7M115.6M171.0M162.5M
Depreciation And Amortization3.8M4.0M3.1M5.1M

Hannon Armstrong fundamental ratios Correlations

0.980.97-0.070.470.990.34-0.980.880.540.73-0.81-0.290.910.540.950.470.970.070.970.290.420.90.76-0.980.91
0.981.0-0.050.40.990.21-0.960.810.50.74-0.82-0.280.940.50.980.341.00.151.00.280.280.850.84-0.970.86
0.971.0-0.070.380.990.18-0.940.780.480.72-0.83-0.270.950.480.980.311.00.161.00.270.240.830.86-0.970.84
-0.07-0.05-0.070.47-0.030.270.00.070.00.10.12-0.540.050.0-0.010.04-0.050.47-0.060.54-0.050.030.10.020.01
0.470.40.380.470.440.84-0.540.70.550.35-0.41-0.90.460.550.340.750.370.360.370.90.560.560.35-0.420.59
0.990.990.99-0.030.440.27-0.970.850.530.73-0.82-0.290.940.530.970.410.980.110.990.290.340.880.81-0.980.89
0.340.210.180.270.840.27-0.410.660.660.37-0.12-0.590.170.660.130.840.17-0.060.170.590.850.54-0.08-0.240.55
-0.98-0.96-0.940.0-0.54-0.97-0.41-0.91-0.52-0.770.740.38-0.88-0.52-0.93-0.5-0.94-0.15-0.94-0.39-0.5-0.93-0.750.97-0.94
0.880.810.780.070.70.850.66-0.910.670.7-0.69-0.470.770.670.750.760.770.00.780.470.660.960.53-0.840.97
0.540.50.480.00.550.530.66-0.520.670.39-0.53-0.270.461.00.370.710.46-0.430.470.270.50.580.16-0.460.6
0.730.740.720.10.350.730.37-0.770.70.39-0.31-0.220.570.390.740.170.740.160.740.220.480.850.5-0.730.82
-0.81-0.82-0.830.12-0.41-0.82-0.120.74-0.69-0.53-0.310.3-0.89-0.53-0.76-0.46-0.81-0.02-0.81-0.3-0.03-0.63-0.770.8-0.67
-0.29-0.28-0.27-0.54-0.9-0.29-0.590.38-0.47-0.27-0.220.3-0.39-0.27-0.27-0.47-0.27-0.67-0.27-1.0-0.27-0.34-0.460.29-0.36
0.910.940.950.050.460.940.17-0.880.770.460.57-0.89-0.390.460.940.370.940.230.940.390.10.770.88-0.910.78
0.540.50.480.00.550.530.66-0.520.671.00.39-0.53-0.270.460.370.710.46-0.430.470.270.50.580.16-0.460.6
0.950.980.98-0.010.340.970.13-0.930.750.370.74-0.76-0.270.940.370.230.990.250.990.270.20.810.88-0.950.81
0.470.340.310.040.750.410.84-0.50.760.710.17-0.46-0.470.370.710.230.28-0.240.280.470.730.580.04-0.380.61
0.971.01.0-0.050.370.980.17-0.940.770.460.74-0.81-0.270.940.460.990.280.181.00.280.230.830.87-0.970.84
0.070.150.160.470.360.11-0.06-0.150.0-0.430.16-0.02-0.670.23-0.430.25-0.240.180.170.67-0.20.020.56-0.150.02
0.971.01.0-0.060.370.990.17-0.940.780.470.74-0.81-0.270.940.470.990.281.00.170.270.240.830.86-0.970.84
0.290.280.270.540.90.290.59-0.390.470.270.22-0.3-1.00.390.270.270.470.280.670.270.270.340.46-0.30.37
0.420.280.24-0.050.560.340.85-0.50.660.50.48-0.03-0.270.10.50.20.730.23-0.20.240.270.6-0.12-0.330.61
0.90.850.830.030.560.880.54-0.930.960.580.85-0.63-0.340.770.580.810.580.830.020.830.340.60.56-0.870.99
0.760.840.860.10.350.81-0.08-0.750.530.160.5-0.77-0.460.880.160.880.040.870.560.860.46-0.120.56-0.810.58
-0.98-0.97-0.970.02-0.42-0.98-0.240.97-0.84-0.46-0.730.80.29-0.91-0.46-0.95-0.38-0.97-0.15-0.97-0.3-0.33-0.87-0.81-0.89
0.910.860.840.010.590.890.55-0.940.970.60.82-0.67-0.360.780.60.810.610.840.020.840.370.610.990.58-0.89
Click cells to compare fundamentals

Hannon Armstrong Account Relationship Matchups

Hannon Armstrong fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding64.8M74.4M87.7M90.6M109.5M114.9M
Total Assets2.4B3.5B4.1B4.8B6.6B6.9B
Short Long Term Debt Total1.4B2.2B2.5B3.0B4.2B4.4B
Other Current Liab(53.5M)(59.9M)50.1M187.2M(17M)(16.2M)
Total Current Liabilities53.5M59.9M114.0M263.3M17M16.2M
Total Stockholder Equity936.5M1.2B1.5B1.6B2.1B2.2B
Net Debt1.4B1.9B2.3B2.8B(62.6M)(59.5M)
Retained Earnings(174.3M)(204.1M)(193.7M)(285.5M)(303.5M)(288.4M)
Accounts Payable53.5M59.9M63.9M76.1M66.3M38.2M
Cash6.2M286.3M226.2M155.7M62.6M84.6M
Non Current Assets Total697.1M1.5B2.0B2.1B3.0B1.6B
Non Currrent Assets Other(697.1M)(1.5B)(2.0B)(2.1B)(3.0B)(2.8B)
Other Assets524.3M459.5M488.3M(2.0T)3.5B3.7B
Long Term Debt1.4B1.6B1.9B2.9B3.4B3.5B
Cash And Short Term Investments6.2M286.3M226.2M155.7M62.6M84.6M
Net Receivables1.2B1.2B1.4B2.1B3.0B3.1B
Short Term Investments151.2M169.8M1.8B1.9B22M20.9M
Liabilities And Stockholders Equity2.4B3.5B4.1B4.8B6.6B6.9B
Non Current Liabilities Total1.4B2.2B2.5B3.1B4.4B4.6B
Other Stockholder Equity(2.2B)(11.2B)(8.2B)12.3B2.4B2.6B
Total Liab1.4B2.2B2.5B3.1B4.4B4.6B
Total Current Assets1.2B1.5B1.7B2.0T3.0B2.9B
Intangible Assets93M90M87M84M14M13.3M
Common Stock663K765K853K908K1.1M576.2K
Inventory1.4B1.7B1.9B2.0T2.3T2.5T
Other Current Assets(1.4B)(1.7B)(1.9B)(2.4B)(3.4B)(3.2B)
Accumulated Other Comprehensive Income3.3B12.6B9.9B(10.4B)13.2M12.5M
Common Stock Total Equity663K765K853K908K1.0M612.6K
Property Plant Equipment269.3M359.2M356.1M269M309.4M237.8M
Other Liab14M8M25M44M39.6M61.1M
Net Tangible Assets843.5M1.2B1.5B1.6B1.9B963.0M
Property Plant And Equipment Net269.3M269.2M269.1M269M97.0M92.2M
Capital Surpluse1.1B1.4B1.7B1.9B2.2B1.1B
Long Term Investments697.1M1.9B2.0B2.1B3.2B1.7B

Currently Active Assets on Macroaxis

When determining whether Hannon Armstrong Sus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hannon Armstrong's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hannon Armstrong Sustainable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hannon Armstrong Sustainable Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannon Armstrong Sustainable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Hannon Armstrong's price analysis, check to measure Hannon Armstrong'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 Hannon Armstrong is operating at the current time. Most of Hannon Armstrong's value examination focuses on studying past and present price action to predict the probability of Hannon Armstrong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannon Armstrong's price. Additionally, you may evaluate how the addition of Hannon Armstrong to your portfolios can decrease your overall portfolio volatility.
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Is Hannon Armstrong'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 Hannon Armstrong. If investors know Hannon 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 Hannon Armstrong 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
2.84
Dividend Share
1.6
Earnings Share
2.14
Revenue Per Share
1.389
Quarterly Revenue Growth
0.397
The market value of Hannon Armstrong Sus is measured differently than its book value, which is the value of Hannon that is recorded on the company's balance sheet. Investors also form their own opinion of Hannon Armstrong's value that differs from its market value or its book value, called intrinsic value, which is Hannon Armstrong'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 Hannon Armstrong's market value can be influenced by many factors that don't directly affect Hannon Armstrong'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 Hannon Armstrong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannon Armstrong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannon Armstrong'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.