Huntington Common Stock vs Non Current Assets Total Analysis
HBAN Stock | USD 13.55 0.03 0.22% |
Huntington Bancshares financial indicator trend analysis is much more than just examining Huntington Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Bancshares is a good investment. Please check the relationship between Huntington Bancshares Common Stock and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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.
Common Stock vs Non Current Assets Total
Common Stock vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Huntington Bancshares' Common Stock and Non Current Assets Total is -0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Huntington Bancshares Incorporated, assuming nothing else is changed. The correlation between historical values of Huntington Bancshares' Common Stock and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Huntington Bancshares Incorporated are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Huntington Bancshares' Common Stock and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Huntington Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Bancshares 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 Huntington Bancshares Incorporated. 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. At this time, Huntington Bancshares' Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Issuance Of Capital Stock is likely to grow to about 412.9 M, while Tax Provision is likely to drop about 322.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.6B | 3.8B | 2.4B | 2.5B | Other Operating Expenses | 4.4B | 91M | 115M | 109.3M |
Huntington Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
Huntington Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huntington Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.1B | 1.0B | 1.3B | 1.5B | 1.5B | 1.5B | |
Total Assets | 109.0B | 123.0B | 174.1B | 182.9B | 189.4B | 198.8B | |
Short Long Term Debt Total | 12.5B | 8.5B | 7.4B | 11.7B | 12.4B | 7.3B | |
Other Current Liab | (2.6B) | (183M) | (334M) | (2.0B) | 618M | 648.9M | |
Total Current Liabilities | 2.6B | 183M | 334M | 2.5K | 620M | 589M | |
Total Stockholder Equity | 11.8B | 13.0B | 19.3B | 17.7B | 19.4B | 20.3B | |
Property Plant And Equipment Net | 763M | 757M | 1.2B | 1.2B | 1.1B | 601.1M | |
Net Debt | 11.2B | 1.8B | 1.5B | 4.8B | 2.1B | 2.0B | |
Retained Earnings | 2.1B | 1.9B | 2.2B | 3.4B | 4.3B | 4.5B | |
Cash | 1.3B | 6.7B | 5.9B | 6.9B | 10.3B | 10.8B | |
Non Current Assets Total | 27.0B | 29.0B | 48.7B | 5.7K | 7.3B | 11.9B | |
Non Currrent Assets Other | (27.0B) | (29.0B) | (48.7B) | (48.8B) | (41.2B) | (39.2B) | |
Other Assets | 66.6B | 70.8B | 86.0B | 182.9B | 155.2B | 162.9B | |
Cash And Short Term Investments | 15.4B | 23.2B | 34.4B | 25.1K | 26.9B | 28.2B | |
Liabilities And Stockholders Equity | 109.0B | 123.0B | 174.1B | 182.9B | 189.4B | 198.8B | |
Non Current Liabilities Total | 9.8B | 8.4B | 7.1B | 112.1K | 169.4B | 177.8B | |
Other Stockholder Equity | 8.8B | 8.7B | 15.1B | 15.2B | 15.3B | 7.7B | |
Total Liab | 97.2B | 110.0B | 154.7B | 165.1B | 170.0B | 178.5B | |
Total Current Assets | 15.4B | 23.2B | 39.3B | 25.1K | 26.9B | 28.2B | |
Short Term Debt | 2.6B | 183M | 334M | 2.0B | 2M | 1.9M | |
Property Plant And Equipment Gross | 763M | 757M | 2.2B | 2.3B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | (256M) | 192M | (229M) | (3.1B) | (2.7B) | (2.5B) | |
Other Liab | 2.1B | 2.6B | 4.0B | 4.0B | 4.6B | 4.9B | |
Accounts Payable | 82.3B | 98.9B | 143.3B | 147.9B | 170.1B | 178.6B | |
Long Term Debt | 9.8B | 8.4B | 7.1B | 9.7B | 12.4B | 6.3B | |
Short Term Investments | 14.1B | 16.5B | 28.5B | 23.4B | 3.4B | 3.2B | |
Inventory | 11M | (9.0B) | (6.4B) | (13.7B) | (17.2B) | (16.3B) | |
Treasury Stock | (45M) | (56M) | (59M) | (79M) | (90.9M) | (95.4M) | |
Property Plant Equipment | 763M | 757M | 1.2B | 1.2B | 1.0B | 640.7M | |
Intangible Assets | 475M | 428M | 611M | 712M | 672M | 403.0M | |
Other Current Assets | 1.4B | 6.8B | 6.4B | 6.9B | 10.4B | 9.8B | |
Net Tangible Assets | 8.1B | 8.4B | 11.5B | 9.3B | 10.7B | 7.6B | |
Retained Earnings Total Equity | 2.1B | 1.9B | 2.2B | 3.4B | 3.9B | 4.1B | |
Long Term Debt Total | 9.8B | 8.4B | 7.1B | 9.7B | 11.1B | 7.3B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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. Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Huntington Stock analysis
When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' 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 Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
Is Huntington Bancshares' 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 Huntington Bancshares. If investors know Huntington 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 Huntington Bancshares 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 (0.33) | Dividend Share 0.62 | Earnings Share 1.11 | Revenue Per Share 4.667 | Quarterly Revenue Growth (0.10) |
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' 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 Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' 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 Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' 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.