Honeywell Other Current Assets vs Total Current Liabilities Analysis

HON Stock  USD 193.45  0.43  0.22%   
Honeywell International financial indicator trend analysis is much more than just examining Honeywell International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honeywell International is a good investment. Please check the relationship between Honeywell International Other Current Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell International Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Honeywell International's Other Current Assets and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Honeywell International, assuming nothing else is changed. The correlation between historical values of Honeywell International's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Honeywell International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Honeywell International's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Honeywell International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Honeywell International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Honeywell International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honeywell International 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 Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.As of the 28th of April 2024, Tax Provision is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 4.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.7B7.4B
Total Revenue34.4B35.5B36.7B28.3B

Honeywell International fundamental ratios Correlations

0.720.370.980.860.830.50.70.810.990.510.90.73-0.310.720.850.72-0.630.980.320.970.790.640.950.950.75
0.720.010.670.470.680.910.950.840.750.780.70.3-0.420.950.610.47-0.920.760.70.650.650.660.620.70.58
0.370.010.390.280.3-0.060.080.10.35-0.150.180.630.320.210.440.08-0.070.38-0.040.38-0.040.110.480.440.58
0.980.670.390.890.850.460.660.740.960.420.830.79-0.20.640.830.78-0.570.940.290.950.840.70.950.960.77
0.860.470.280.890.760.220.480.670.80.210.750.810.00.390.650.92-0.330.750.070.910.760.660.850.860.67
0.830.680.30.850.760.620.690.570.810.230.570.82-0.060.640.870.69-0.610.790.420.810.610.660.920.920.89
0.50.91-0.060.460.220.620.860.530.560.630.390.19-0.380.840.520.26-0.860.560.770.380.470.630.470.560.47
0.70.950.080.660.480.690.860.80.730.80.60.32-0.40.920.680.49-0.980.730.80.610.570.550.630.680.66
0.810.840.10.740.670.570.530.80.780.750.90.37-0.360.810.550.6-0.730.810.40.810.70.510.640.680.55
0.990.750.350.960.80.810.560.730.780.570.860.67-0.410.750.870.66-0.680.990.410.920.780.640.930.940.72
0.510.78-0.150.420.210.230.630.80.750.570.61-0.14-0.730.770.390.23-0.840.590.660.40.490.230.310.330.19
0.90.70.180.830.750.570.390.60.90.860.610.49-0.380.680.570.63-0.530.890.160.910.790.530.740.740.48
0.730.30.630.790.810.820.190.320.370.67-0.140.490.320.330.710.66-0.20.650.00.790.460.570.870.860.85
-0.31-0.420.32-0.20.0-0.06-0.38-0.4-0.36-0.41-0.73-0.380.32-0.38-0.33-0.050.51-0.41-0.47-0.17-0.280.06-0.14-0.120.17
0.720.950.210.640.390.640.840.920.810.750.770.680.33-0.380.650.31-0.920.790.690.640.50.520.640.680.65
0.850.610.440.830.650.870.520.680.550.870.390.570.71-0.330.650.55-0.680.850.560.780.490.390.920.870.82
0.720.470.080.780.920.690.260.490.60.660.230.630.66-0.050.310.55-0.330.60.160.780.740.610.720.740.52
-0.63-0.92-0.07-0.57-0.33-0.61-0.86-0.98-0.73-0.68-0.84-0.53-0.20.51-0.92-0.68-0.33-0.69-0.86-0.52-0.46-0.41-0.56-0.59-0.59
0.980.760.380.940.750.790.560.730.810.990.590.890.65-0.410.790.850.6-0.690.390.930.740.590.920.910.72
0.320.7-0.040.290.070.420.770.80.40.410.660.160.0-0.470.690.560.16-0.860.390.190.160.180.340.360.38
0.970.650.380.950.910.810.380.610.810.920.40.910.79-0.170.640.780.78-0.520.930.190.760.60.930.920.75
0.790.65-0.040.840.760.610.470.570.70.780.490.790.46-0.280.50.490.74-0.460.740.160.760.790.670.720.42
0.640.660.110.70.660.660.630.550.510.640.230.530.570.060.520.390.61-0.410.590.180.60.790.610.750.52
0.950.620.480.950.850.920.470.630.640.930.310.740.87-0.140.640.920.72-0.560.920.340.930.670.610.980.86
0.950.70.440.960.860.920.560.680.680.940.330.740.86-0.120.680.870.74-0.590.910.360.920.720.750.980.84
0.750.580.580.770.670.890.470.660.550.720.190.480.850.170.650.820.52-0.590.720.380.750.420.520.860.84
Click cells to compare fundamentals

Honeywell International Account Relationship Matchups

Honeywell International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.7B64.6B64.5B62.3B61.5B34.8B
Short Long Term Debt Total16.0B22.4B19.6B19.6B21.5B22.6B
Other Current Liab5.0B4.5B4.5B5.6B4.1B4.0B
Total Current Liabilities18.1B19.2B19.5B19.9B18.5B10.8B
Total Stockholder Equity18.7B17.8B19.2B17.3B15.9B11.0B
Property Plant And Equipment Net5.3B5.6B5.6B5.5B6.7B5.2B
Net Debt6.9B8.1B8.6B9.9B13.6B14.3B
Retained Earnings37.7B39.9B42.8B45.1B48.0B50.4B
Cash9.1B14.3B11.0B9.6B7.9B8.3B
Non Current Assets Total34.4B36.4B39.1B37.3B38.0B20.5B
Non Currrent Assets Other9.1B9.8B10.5B9.7B8.2B8.6B
Cash And Short Term Investments10.4B15.2B11.5B10.1B8.1B4.2B
Net Receivables7.5B6.8B6.8B7.4B7.7B5.1B
Common Stock Shares Outstanding730.3M711.2M700.4M683.1M668.2M785.4M
Liabilities And Stockholders Equity58.7B64.6B64.5B62.3B61.5B34.8B
Non Current Liabilities Total21.9B27.6B25.7B25.0B26.5B27.9B
Inventory4.4B4.5B5.1B5.5B6.2B3.7B
Other Current Assets2.0B1.6B1.9B1.9B1.5B1.0B
Other Stockholder Equity(16.7B)(19.7B)(21.6B)(25.3B)(28.9B)(27.5B)
Total Liab40.0B46.8B45.2B44.9B45.1B23.8B
Property Plant And Equipment Gross5.3B5.6B14.5B14.8B15.3B16.1B
Total Current Assets24.3B28.2B25.4B25.0B23.5B14.4B
Accumulated Other Comprehensive Income(3.2B)(3.4B)(2.9B)(3.5B)(4.1B)(3.9B)
Short Term Debt4.9B6.0B5.3B4.4B4.1B2.2B
Intangible Assets3.7B3.6B3.6B3.2B3.2B3.7B
Accounts Payable5.7B5.8B6.5B6.3B6.8B3.8B
Good Will15.6B16.1B17.8B17.5B18.0B11.2B
Short Term Investments1.3B945M564M483M170M161.5M
Other Liab10.2B11.3B11.5B9.1B10.5B8.7B
Other Assets8.5B10.5B10.9B9.3B364M345.8M
Long Term Debt11.1B16.3B14.3B15.1B16.6B8.8B
Treasury Stock(23.8B)(27.2B)(30.5B)(34.4B)(31.0B)(29.4B)
Property Plant Equipment5.3B5.6B5.6B5.5B6.3B5.6B
Current Deferred Revenue2.5B2.9B3.2B3.6B3.5B2.4B
Noncontrolling Interest In Consolidated Entity212M241M673M622M715.3M751.1M
Retained Earnings Total Equity37.7B39.9B42.8B45.1B51.9B28.2B
Deferred Long Term Liab1.7B2.1B2.4B2.1B2.4B1.3B

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 Architect
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International'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 Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Honeywell Stock analysis

When running Honeywell International's price analysis, check to measure Honeywell International'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 Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Transaction History
View history of all your transactions and understand their impact on performance
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Honeywell International'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 Honeywell International. If investors know Honeywell 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 Honeywell International 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
0.077
Dividend Share
4.22
Earnings Share
8.63
Revenue Per Share
55.988
Quarterly Revenue Growth
0.027
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.