Home Accounts Payable vs Non Currrent Assets Other Analysis

HOMB Stock  USD 24.77  0.25  1.02%   
Home BancShares financial indicator trend analysis is much more than just examining Home BancShares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home BancShares is a good investment. Please check the relationship between Home BancShares Accounts Payable and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home BancShares Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Home BancShares' Accounts Payable and Non Currrent Assets Other is 0.67. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Home BancShares, assuming nothing else is changed. The correlation between historical values of Home BancShares' Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Home BancShares are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Home BancShares' Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Home BancShares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Home BancShares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most indicators from Home BancShares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home 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 Home BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.At present, Home BancShares' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.32, whereas Tax Provision is forecasted to decline to about 78.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue699.8M918.9M1.3B1.4B
Interest Expense52.2M119.1M47.3M53.9M

Home BancShares fundamental ratios Correlations

1.00.810.790.991.00.740.540.590.890.970.00.970.930.490.750.580.860.380.930.980.970.970.61-0.66-0.11
1.00.810.760.990.990.730.590.640.90.960.00.980.940.470.780.620.880.330.940.990.970.960.65-0.7-0.14
0.810.810.720.830.810.840.40.450.680.740.30.730.670.230.560.430.620.20.720.820.840.690.51-0.450.3
0.790.760.720.770.790.60.180.230.590.790.030.680.650.420.390.220.480.480.630.710.730.740.27-0.30.12
0.990.990.830.770.990.770.560.620.890.960.120.940.910.370.770.60.860.290.940.990.960.940.64-0.66-0.12
1.00.990.810.790.990.740.530.590.890.970.00.960.930.490.740.570.850.390.920.980.960.970.6-0.65-0.1
0.740.730.840.60.770.740.510.590.680.720.510.650.60.090.650.580.62-0.040.70.750.80.580.67-0.570.14
0.540.590.40.180.560.530.510.990.760.570.20.660.660.040.950.990.85-0.440.760.630.530.550.97-0.96-0.17
0.590.640.450.230.620.590.590.990.790.620.240.690.690.060.981.00.88-0.420.80.680.610.580.99-0.98-0.23
0.890.90.680.590.890.890.680.760.790.890.130.930.970.270.90.780.940.070.980.910.850.90.78-0.82-0.2
0.970.960.740.790.960.970.720.570.620.890.10.930.920.360.770.60.840.30.930.950.920.950.63-0.66-0.14
0.00.00.30.030.120.00.510.20.240.130.1-0.09-0.02-0.80.190.250.03-0.650.160.070.11-0.150.3-0.070.05
0.970.980.730.680.940.960.650.660.690.930.93-0.090.970.520.820.670.920.310.940.970.930.970.69-0.76-0.2
0.930.940.670.650.910.930.60.660.690.970.92-0.020.970.390.820.670.910.240.960.930.870.950.67-0.74-0.26
0.490.470.230.420.370.490.090.040.060.270.36-0.80.520.390.160.050.340.760.260.410.410.540.05-0.250.07
0.750.780.560.390.770.740.650.950.980.90.770.190.820.820.160.970.95-0.240.910.810.740.740.97-0.97-0.23
0.580.620.430.220.60.570.580.991.00.780.60.250.670.670.050.970.87-0.440.780.660.590.560.99-0.98-0.23
0.860.880.620.480.860.850.620.850.880.940.840.030.920.910.340.950.870.010.960.90.830.880.86-0.91-0.24
0.380.330.20.480.290.39-0.04-0.44-0.420.070.3-0.650.310.240.76-0.24-0.440.010.070.260.290.43-0.420.270.12
0.930.940.720.630.940.920.70.760.80.980.930.160.940.960.260.910.780.960.070.950.890.920.79-0.82-0.22
0.980.990.820.710.990.980.750.630.680.910.950.070.970.930.410.810.660.90.260.950.970.940.69-0.73-0.15
0.970.970.840.730.960.960.80.530.610.850.920.110.930.870.410.740.590.830.290.890.970.890.64-0.66-0.17
0.970.960.690.740.940.970.580.550.580.90.95-0.150.970.950.540.740.560.880.430.920.940.890.57-0.66-0.16
0.610.650.510.270.640.60.670.970.990.780.630.30.690.670.050.970.990.86-0.420.790.690.640.57-0.97-0.17
-0.66-0.7-0.45-0.3-0.66-0.65-0.57-0.96-0.98-0.82-0.66-0.07-0.76-0.74-0.25-0.97-0.98-0.910.27-0.82-0.73-0.66-0.66-0.970.24
-0.11-0.140.30.12-0.12-0.10.14-0.17-0.23-0.2-0.140.05-0.2-0.260.07-0.23-0.23-0.240.12-0.22-0.15-0.17-0.16-0.170.24
Click cells to compare fundamentals

Home BancShares Account Relationship Matchups

Home BancShares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B16.4B18.1B22.9B22.7B23.8B
Total Stockholder Equity2.5B2.6B2.8B3.5B3.8B4.0B
Other Assets9.1B8.8B6.8B10.8B12.4B13.1B
Common Stock Shares Outstanding167.8M165.4M164.9M195.0M202.8M128.2M
Liabilities And Stockholders Equity15.0B16.4B18.1B22.9B22.7B23.8B
Other Stockholder Equity1.5B1.5B1.5B2.4B2.3B2.5B
Total Liab12.5B13.8B15.3B19.4B18.9B19.8B
Short Long Term Debt Total991.0M770.3M771.1M1.1B1.9B2.0B
Other Current Liab(102.4M)(128.0M)(113.9M)(196.9M)5.4B5.7B
Total Current Liabilities102.4M128.0M113.9M196.9M6.3B6.6B
Other Liab47.4M79.0M66.7M140.3M161.3M169.4M
Property Plant And Equipment Net280.1M278.6M275.8M405.1M393.3M413.0M
Net Debt500.4M(493.5M)(2.9B)365.6M928.0M974.4M
Retained Earnings956.6M1.0B1.3B1.4B1.7B1.8B
Accounts Payable102.4M128.0M113.9M196.9M194.7M204.4M
Cash490.6M1.3B3.7B724.8M1.0B565.7M
Non Current Assets Total3.4B3.8B4.4B7.2B21.5B22.6B
Non Currrent Assets Other(44.3M)(70.2M)(78.3M)(239.2M)18.5B19.4B
Long Term Debt369.6M370.3M771.1M1.1B1.7B1.8B
Cash And Short Term Investments2.6B3.7B6.8B4.8B(226.4M)(215.0M)
Net Receivables45.1M60.5M46.7M103.2M119.0M124.9M
Common Stock Total Equity1.7M1.7M1.6M2.0M2.3M2.5M
Short Term Investments2.1B2.5B3.1B4.0B3.5B3.7B
Non Current Liabilities Total991.0M770.3M771.1M196.9M12.6B13.2B
Inventory(544.8M)(1.3B)(3.7B)(828.5M)(14.0B)(13.3B)
Other Current Assets544.8M1.3B3.7B828.5M1.2B1.1B
Property Plant And Equipment Gross237.4M233.3M280.1M278.6M320.4M160.6M
Total Current Assets2.6B3.8B6.8B4.9B1.2B2.3B
Accumulated Other Comprehensive Income16.2M44.1M10.5M(305.5M)(249.1M)(236.6M)
Intangible Assets36.6M30.7M25.0M58.5M48.8M27.9M
Common Stock1.7M1.7M1.6M2.0M2.0M2.1M
Property Plant Equipment289.2M283.0M275.8M405.1M465.8M489.1M
Net Tangible Assets1.5B1.6B1.8B2.1B2.4B1.2B
Retained Earnings Total Equity956.6M1.0B1.3B1.4B1.7B1.7B
Long Term Debt Total369.6M370.3M371.1M440.4M506.5M531.8M
Capital Surpluse1.5B1.5B1.5B2.4B2.7B2.9B
Long Term Investments12.9B2.5B3.1B5.3B4.8B2.6B
Non Current Liabilities Other867.6M696.9M654.8M978.0M1.1B1.0B

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When determining whether Home BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Home BancShares' 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 Home Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Home Bancshares Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
You can also try the Positions Ratings module to 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.

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When running Home BancShares' price analysis, check to measure Home 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 Home BancShares is operating at the current time. Most of Home BancShares' value examination focuses on studying past and present price action to predict the probability of Home BancShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home BancShares' price. Additionally, you may evaluate how the addition of Home BancShares to your portfolios can decrease your overall portfolio volatility.
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Is Home 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 Home BancShares. If investors know Home 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 Home 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
(0.02)
Dividend Share
0.72
Earnings Share
1.93
Revenue Per Share
4.83
Quarterly Revenue Growth
(0.02)
The market value of Home BancShares is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home BancShares' value that differs from its market value or its book value, called intrinsic value, which is Home 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 Home BancShares' market value can be influenced by many factors that don't directly affect Home 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 Home BancShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Home BancShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home 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.