L3Harris Deferred Long Term Liab vs Retained Earnings Analysis

LHX Stock  USD 212.24  0.90  0.43%   
L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Deferred Long Term Liab and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Deferred Long Term Liab vs Retained Earnings

Deferred Long Term Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Deferred Long Term Liab account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between L3Harris Technologies' Deferred Long Term Liab and Retained Earnings is 0.04. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Deferred Long Term Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of L3Harris Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Deferred Long Term Liab i.e., L3Harris Technologies' Deferred Long Term Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.At this time, L3Harris Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 256.3 M in 2024, whereas Discontinued Operations is likely to drop (1.2 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.4B4.9B5.7B5.9B
Total Revenue17.8B17.1B19.6B20.6B

L3Harris Technologies fundamental ratios Correlations

0.970.930.940.990.990.960.890.921.00.410.920.980.720.950.850.880.990.980.980.410.990.940.890.850.87
0.970.920.940.930.951.00.90.890.970.470.890.930.590.970.890.860.921.00.950.50.930.930.880.830.85
0.930.920.950.910.940.910.870.880.920.390.880.940.560.870.890.730.90.930.960.40.890.950.930.730.74
0.940.940.950.920.960.940.960.870.930.370.870.960.510.850.890.740.90.940.970.630.880.990.980.750.76
0.990.930.910.920.990.920.880.910.990.360.910.980.760.910.820.881.00.940.980.370.990.930.880.840.85
0.990.950.940.960.990.940.910.910.990.370.910.990.70.910.860.850.990.960.990.420.980.960.920.820.83
0.961.00.910.940.920.940.890.870.960.470.870.920.570.970.890.850.910.990.940.520.920.930.870.820.84
0.890.90.870.960.880.910.890.840.880.320.840.940.480.80.770.690.850.890.930.630.830.960.920.730.73
0.920.890.880.870.910.910.870.840.920.381.00.890.620.890.780.780.910.910.920.320.910.860.80.820.84
1.00.970.920.930.990.990.960.880.920.420.920.970.730.950.850.890.990.980.980.40.990.930.880.850.87
0.410.470.390.370.360.370.470.320.380.420.380.320.350.520.410.410.370.480.370.230.380.350.320.440.44
0.920.890.880.870.910.910.870.841.00.920.380.890.620.890.780.780.910.910.920.320.910.860.80.820.84
0.980.930.940.960.980.990.920.940.890.970.320.890.680.880.820.810.970.940.990.450.960.970.940.80.81
0.720.590.560.510.760.70.570.480.620.730.350.620.680.660.40.770.780.630.64-0.060.790.550.470.750.74
0.950.970.870.850.910.910.970.80.890.950.520.890.880.660.830.890.910.980.910.350.940.840.760.850.88
0.850.890.890.890.820.860.890.770.780.850.410.780.820.40.830.750.810.880.880.530.810.870.880.70.72
0.880.860.730.740.880.850.850.690.780.890.410.780.810.770.890.750.880.870.830.250.90.740.680.940.95
0.990.920.90.91.00.990.910.850.910.990.370.910.970.780.910.810.880.940.970.341.00.910.860.840.86
0.981.00.930.940.940.960.990.890.910.980.480.910.940.630.980.880.870.940.960.460.950.930.870.840.86
0.980.950.960.970.980.990.940.930.920.980.370.920.990.640.910.880.830.970.960.450.960.970.940.820.83
0.410.50.40.630.370.420.520.630.320.40.230.320.45-0.060.350.530.250.340.460.450.30.560.640.270.27
0.990.930.890.880.990.980.920.830.910.990.380.910.960.790.940.810.91.00.950.960.30.890.840.850.87
0.940.930.950.990.930.960.930.960.860.930.350.860.970.550.840.870.740.910.930.970.560.890.970.760.75
0.890.880.930.980.880.920.870.920.80.880.320.80.940.470.760.880.680.860.870.940.640.840.970.680.67
0.850.830.730.750.840.820.820.730.820.850.440.820.80.750.850.70.940.840.840.820.270.850.760.680.99
0.870.850.740.760.850.830.840.730.840.870.440.840.810.740.880.720.950.860.860.830.270.870.750.670.99
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B37.0B34.7B33.5B38.6B40.5B
Short Long Term Debt Total7.9B7.7B7.8B7.8B9.0B9.4B
Other Current Liab1.1B1.6B1.5B1.6B1.9B1.9B
Total Current Liabilities4.0B4.2B4.6B5.8B6.6B7.0B
Total Stockholder Equity22.6B20.7B19.2B18.5B21.3B22.4B
Property Plant And Equipment Net3.0B2.9B2.9B2.9B3.3B3.5B
Net Debt7.0B6.4B6.9B6.9B7.9B8.3B
Retained Earnings2.2B2.3B2.9B2.9B3.4B3.6B
Cash824M1.3B941M880M1.0B1.1B
Non Current Assets Total32.0B30.3B28.4B26.8B30.8B32.3B
Non Currrent Assets Other507M519M565M552M634.8M403.5M
Cash And Short Term Investments824M1.3B941M880M1.0B1.1B
Net Receivables3.9B4.1B4.2B4.3B4.9B5.2B
Common Stock Shares Outstanding223.7M215.9M203.2M193.5M174.2M118.3M
Liabilities And Stockholders Equity38.3B37.0B34.7B33.5B38.6B40.5B
Non Current Liabilities Total11.6B11.9B10.8B9.1B10.5B11.0B
Inventory1.2B973M982M1.3B1.5B1.6B
Other Current Assets392M246M272M258M296.7M168.7M
Other Stockholder Equity20.7B19.0B16.2B15.7B18.0B18.9B
Total Liab15.6B16.1B15.4B14.9B17.1B18.0B
Total Current Assets6.3B6.7B6.4B6.8B7.8B8.2B
Short Term Debt389M10M13M820M943M990.2M
Intangible Assets8.5B7.9B6.6B6.0B6.9B7.2B
Accounts Payable1.3B1.4B1.8B1.9B2.2B2.3B
Property Plant And Equipment Gross3.0B2.9B2.9B5.1B5.9B6.1B
Accumulated Other Comprehensive Income(508M)(839M)(146M)(288M)(331.2M)(347.8M)
Common Stock Total Equity118M119M218M208M239.2M123.3M
Common Stock218M208M194M191M219.7M132.5M
Good Will20.0B18.9B18.2B17.3B19.9B20.9B
Current Deferred Revenue1.2B1.2B1.3B1.4B1.6B1.7B
Net Tangible Assets(2.8B)(5.9B)(6.1B)(5.6B)(5.1B)(4.8B)
Long Term Debt Total2.8B6.7B6.9B7.0B8.1B8.5B
Capital Surpluse1.8B20.7B19.0B16.2B18.7B19.6B
Deferred Long Term Liab12M48M1.2B26M29.9M28.4M
Property Plant Equipment894M3.0B2.1B2.9B3.3B3.5B
Other Liab1.7B4.1B5.4B3.0B3.5B3.1B

L3Harris Technologies Investors Sentiment

The influence of L3Harris Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in L3Harris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to L3Harris Technologies' public news can be used to forecast risks associated with an investment in L3Harris. The trend in average sentiment can be used to explain how an investor holding L3Harris can time the market purely based on public headlines and social activities around L3Harris Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
L3Harris Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for L3Harris Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average L3Harris Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on L3Harris Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards L3Harris Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, L3Harris Technologies' short interest history, or implied volatility extrapolated from L3Harris Technologies options trading.

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When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' 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 L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
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Is L3Harris Technologies' 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 L3Harris Technologies. If investors know L3Harris 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 L3Harris Technologies 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
(0.16)
Dividend Share
4.58
Earnings Share
6.15
Revenue Per Share
106.38
Quarterly Revenue Growth
0.166
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' 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 L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' 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 L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' 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.