Huntington Non Currrent Assets Other vs Long Term Debt 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 Non Currrent Assets Other and its Long Term Debt 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.

Non Currrent Assets Other vs Long Term Debt

Non Currrent Assets Other vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Huntington Bancshares' Non Currrent Assets Other and Long Term Debt is -0.62. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt 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' Non Currrent Assets Other and Long Term Debt 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 Huntington Bancshares Incorporated are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Huntington Bancshares' Non Currrent Assets Other and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Long Term Debt

Long-term debt is a debt that Huntington Bancshares has held for over one year. Long-term debt appears on Huntington Bancshares Incorporated balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Huntington Bancshares Incorporated balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Income1.6B3.8B2.4B2.5B
Other Operating Expenses4.4B91M115M109.3M

Huntington Bancshares fundamental ratios Correlations

0.930.60.26-0.240.930.80.040.710.760.18-0.790.840.550.870.570.380.930.3-0.190.84-0.71-0.710.870.90.64
0.930.580.32-0.291.00.78-0.080.890.880.21-0.880.890.620.930.630.161.00.32-0.250.94-0.46-0.460.970.990.71
0.60.58-0.430.360.570.690.70.530.270.32-0.520.520.250.360.180.40.580.290.490.35-0.46-0.460.440.490.92
0.260.32-0.43-0.840.320.03-0.820.30.59-0.17-0.190.30.360.440.53-0.30.320.08-0.990.42-0.08-0.080.430.41-0.13
-0.24-0.290.36-0.84-0.28-0.150.71-0.26-0.460.190.09-0.420.01-0.38-0.190.31-0.29-0.240.86-0.360.110.11-0.34-0.330.08
0.931.00.570.32-0.280.79-0.080.880.870.28-0.880.860.670.90.610.170.990.34-0.260.92-0.47-0.470.970.980.7
0.80.780.690.03-0.150.790.150.540.50.37-0.770.650.430.660.170.570.780.28-0.010.7-0.61-0.610.680.710.72
0.04-0.080.7-0.820.71-0.080.15-0.1-0.450.310.07-0.08-0.16-0.28-0.290.38-0.080.130.83-0.28-0.28-0.29-0.24-0.180.43
0.710.890.530.3-0.260.880.54-0.10.870.07-0.740.850.490.810.67-0.230.890.29-0.220.82-0.09-0.090.910.910.74
0.760.880.270.59-0.460.870.5-0.450.87-0.06-0.730.820.590.90.8-0.10.880.21-0.510.88-0.2-0.20.940.930.5
0.180.210.32-0.170.190.280.370.310.07-0.06-0.23-0.10.58-0.11-0.230.20.20.510.150.02-0.33-0.330.10.130.29
-0.79-0.88-0.52-0.190.09-0.88-0.770.07-0.74-0.73-0.23-0.64-0.65-0.82-0.43-0.3-0.880.080.14-0.860.360.36-0.86-0.86-0.62
0.840.890.520.3-0.420.860.65-0.080.850.82-0.1-0.640.240.880.610.020.90.39-0.220.85-0.35-0.350.870.890.65
0.550.620.250.360.010.670.43-0.160.490.590.58-0.650.240.480.550.180.610.22-0.310.55-0.35-0.350.620.630.37
0.870.930.360.44-0.380.90.66-0.280.810.9-0.11-0.820.880.480.720.150.930.12-0.370.98-0.35-0.350.960.950.51
0.570.630.180.53-0.190.610.17-0.290.670.8-0.23-0.430.610.550.72-0.110.630.17-0.420.66-0.13-0.130.720.710.35
0.380.160.4-0.30.310.170.570.38-0.23-0.10.2-0.30.020.180.15-0.110.16-0.090.30.14-0.68-0.680.050.090.19
0.931.00.580.32-0.290.990.78-0.080.890.880.2-0.880.90.610.930.630.160.31-0.250.94-0.46-0.460.980.990.71
0.30.320.290.08-0.240.340.280.130.290.210.510.080.390.220.120.17-0.090.31-0.070.16-0.27-0.270.250.290.34
-0.19-0.250.49-0.990.86-0.26-0.010.83-0.22-0.510.150.14-0.22-0.31-0.37-0.420.3-0.25-0.07-0.350.070.07-0.35-0.330.18
0.840.940.350.42-0.360.920.7-0.280.820.880.02-0.860.850.550.980.660.140.940.16-0.35-0.29-0.290.970.960.51
-0.71-0.46-0.46-0.080.11-0.47-0.61-0.28-0.09-0.2-0.330.36-0.35-0.35-0.35-0.13-0.68-0.46-0.270.07-0.291.0-0.31-0.38-0.35
-0.71-0.46-0.46-0.080.11-0.47-0.61-0.29-0.09-0.2-0.330.36-0.35-0.35-0.35-0.13-0.68-0.46-0.270.07-0.291.0-0.31-0.38-0.35
0.870.970.440.43-0.340.970.68-0.240.910.940.1-0.860.870.620.960.720.050.980.25-0.350.97-0.31-0.310.990.62
0.90.990.490.41-0.330.980.71-0.180.910.930.13-0.860.890.630.950.710.090.990.29-0.330.96-0.38-0.380.990.66
0.640.710.92-0.130.080.70.720.430.740.50.29-0.620.650.370.510.350.190.710.340.180.51-0.35-0.350.620.66
Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.0B1.3B1.5B1.5B1.5B
Total Assets109.0B123.0B174.1B182.9B189.4B198.8B
Short Long Term Debt Total12.5B8.5B7.4B11.7B12.4B7.3B
Other Current Liab(2.6B)(183M)(334M)(2.0B)618M648.9M
Total Current Liabilities2.6B183M334M2.5K620M589M
Total Stockholder Equity11.8B13.0B19.3B17.7B19.4B20.3B
Property Plant And Equipment Net763M757M1.2B1.2B1.1B601.1M
Net Debt11.2B1.8B1.5B4.8B2.1B2.0B
Retained Earnings2.1B1.9B2.2B3.4B4.3B4.5B
Cash1.3B6.7B5.9B6.9B10.3B10.8B
Non Current Assets Total27.0B29.0B48.7B5.7K7.3B11.9B
Non Currrent Assets Other(27.0B)(29.0B)(48.7B)(48.8B)(41.2B)(39.2B)
Other Assets66.6B70.8B86.0B182.9B155.2B162.9B
Cash And Short Term Investments15.4B23.2B34.4B25.1K26.9B28.2B
Liabilities And Stockholders Equity109.0B123.0B174.1B182.9B189.4B198.8B
Non Current Liabilities Total9.8B8.4B7.1B112.1K169.4B177.8B
Other Stockholder Equity8.8B8.7B15.1B15.2B15.3B7.7B
Total Liab97.2B110.0B154.7B165.1B170.0B178.5B
Total Current Assets15.4B23.2B39.3B25.1K26.9B28.2B
Short Term Debt2.6B183M334M2.0B2M1.9M
Property Plant And Equipment Gross763M757M2.2B2.3B2.3B2.4B
Accumulated Other Comprehensive Income(256M)192M(229M)(3.1B)(2.7B)(2.5B)
Other Liab2.1B2.6B4.0B4.0B4.6B4.9B
Accounts Payable82.3B98.9B143.3B147.9B170.1B178.6B
Long Term Debt9.8B8.4B7.1B9.7B12.4B6.3B
Short Term Investments14.1B16.5B28.5B23.4B3.4B3.2B
Inventory11M(9.0B)(6.4B)(13.7B)(17.2B)(16.3B)
Treasury Stock(45M)(56M)(59M)(79M)(90.9M)(95.4M)
Property Plant Equipment763M757M1.2B1.2B1.0B640.7M
Intangible Assets475M428M611M712M672M403.0M
Other Current Assets1.4B6.8B6.4B6.9B10.4B9.8B
Net Tangible Assets8.1B8.4B11.5B9.3B10.7B7.6B
Retained Earnings Total Equity2.1B1.9B2.2B3.4B3.9B4.1B
Long Term Debt Total9.8B8.4B7.1B9.7B11.1B7.3B

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When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' 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 Huntington Bancshares' future performance. For an informed investment choice regarding Huntington 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 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.